VARD’s new LNG tank design has been granted General Approval for Ship Application (GASA) by DNV GL. The new LNG-type B-tank design is based on vertical cylindrical-shape geometry and has a patented support design.The tank is the result of…
Marine Manufacturer Adds Talented Technical Sales Professional To Expand Key Big Boat Market Segment PresenceIMTRA, the leading manufacturer and importer of quality marine products, announced today the addition of Prentice Weathers to its sales team…
The Navy will christen its newest Freedom variant littoral combat ship, USS Sioux City (LCS 11), during a 10 a.m. CST ceremony Saturday, Jan. 30 in Marinette, Wisconsin. Sioux City, designated LCS 11, honors the city of Sioux City, Iowa. Adm…
Singapore’s dry bulk shipping company Mercator Lines Limited has has entered into Memoranda of Agreements to sell five bulk carriers, the company’s judicial manager said. The judicial manager appointed to oversee the bankruptcy of Mercator…
In the dry bulker business, the market is deteriorating to a new record low due to the imbalance of fleet supply and demand, along with stagnant cargo trade resulting from the slowdown in China’s economy since last fall, says Mitsui O.S.K. Lines…
2016 marks the 100th anniversary of the Port of Beaumont, a major deepwater port in Southeast Texas. A series of celebrations and public events began October 20th, when the Greater Beaumont Chamber of Commerce presented the port with its Spindletop Award for outstanding corporate citizenship…
Recent reports that some would-be rescuers do not fully understand the legal context of rescue at sea, and may have been deterred from helping people in distress because of possible legal action by local authorities seeking to counter trafficking activity are misplaced…
Pilbara Ports Authority has commenced evacuating the inner and outer anchorages at the Port of Port Hedland, as a tropical low, 315km from Port Hedland, continues to track toward the Pilbara coast in a southerly direction at six knots. The…
Adani Hazira Port Private Limited (AHPPL), a 100% subsidiary of Adani Ports and Special Economic Zone Limited, had challenged the order dated 8.1.2016 passed by the National Green Tribunal, Pune, inter alia, cancelling the EC 3.5.2013 for expansion of facilities at Adani Hazira Port…
The International Association of Classification Societies is pleased to announce the release of the 2016 edition of its IACS Blue Book.The latest release of the Blue Book package continues to enhance IACS technical support to the shipping industry through our work and investment in technology…
Navios Maritime Midstream Partners LP (NAP) on Wednesday reported fourth-quarter profit of $9.1 million. On a per-share basis, the company said it had profit of 44 cents. The operator of contracted crude oil tankers posted revenue of $25…
The Indian government’s has been going all out to put the growth of the Indian maritime Industry on a fast track by opening up a host of opportunities, offering goodies and putting in place new facilities. Setting the tone for his keynote address…
The M/V ALITA. IMO 8503814 (174.10 meters LOA x 15,85 meters in beam) has been reported sunk at the following approximate position: Latitude 09 deg. 23.87’N and Longitude 079 deg. 55.75’W, which is about 0.7 nautical miles and 325 deg. from the West Breakwater Light…
Norwegian provider of offshore service vessels for the oil and gas industry Farstad Shipping ASA has entered into two charter contracts in Brazil. Both vessels were hired by the Brazilian state-owned oil and gas company Petróleo Brasileiro…
While most people know that ferries are a method of transportation, few have a good understanding of the nature of the sector and its importance. In Canada, ferries transport more than 55 million passengers, over 19 million vehicles, billions of dollars’ worth of goods and they employ close to 35…