BOURBON is participating in a tidal turbine connection project off the island of Ushant (Brittany, France), a first in France. A pioneer in the towing and installation of the first floating wind turbine off the coast of Portugal, BOURBON is…
South Korean shipbuilders, led by industry leader Hyundai Heavy Industries Co., clinched the largest amount of new orders in May, retaining the top spot for the fourth consecutive month, BusinessKorea reported based on industry sources, including Clarkson Research Services…
Russian LNG-Gorskaya LLC has signed a contract with the shipbuilder United Shipbuilding Corporation (USC) for the construction of Russia’s first three LNG bunkering tankers. LNG-Gorskaya said in a statement that the vessels will be used for its LNG plant project at Gorskaya station near St…
Onassis-controlled Springfield Shipping will convert two oil-bulk-ore (OBO) carriers to VLCCs at Oman Drydock Company (ODC), Oman. The multi-million pound contracts will see ODC convert the recently bought 319,869 deadweight tonnage (DWT)…
Singapore-listed Vallianz Holdings Limited, that provides offshore support vessels and integrated marine solutions to the oil and gas industry, has received an investment of $10 million from institutional investor fund United Orient Capital Pte Ltd (UOC)…
The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of its new building Kamsarmax dry bulk carrier 'Jag Arnav'. The vessel of about 81,600 dwt was built at Tsuneishi Heavy Industries (Cebu) Inc., Philippines. With the inclusion of the vessel…
Volvo Penta has developed a series of interceptor stabilization systems optimized for workboats, patrol boats and other commercial vessels. The stabilizers provide three-axis trimming to meet dynamic acceleration and cruising phases of operation…
Eli Vassenden, COO Ship Management in Grieg Star, has been awarded the WISTA LeaderShip Award 2015 by WISTA Norway as recognition of her contribution the maritime industry, her competency and leadership skills within the traditionally male dominated role of COO…
Rotterdam-based law firm AKD says a recent revision of the Brussels I Regulation makes it possible to quickly attach assets anywhere in the EU if parties include in their contracts a choice of forum clause conferring jurisdiction on the Rotterdam court…
ABB Turbocharging Power2 800-M solution plays key role in first of new generation enginesPower and automation technology group ABB announced at Nor-Shipping 2015 the first application on a marine engine of its Power2 800-M second generation two-stage turbocharging solution…
Danelec Marine and Radio Holland, part of Imtech Marine, have teamed up to create worldwide standardized pricing for the installation of Danelec Voyage Data Recorders (VDRs) and Simplified VDRs (S-VDRs).Under the agreement, Radio Holland’s…
AAL, one of the world’s leading global breakbulk, project cargo and heavy lift shipping operators, has strengthened its foothold in the oil rich mining region of Northern Alberta, by expanding its popular ‘Pacific Service’ liner route to include the British Columbia Port of Prince Rupert…
Aker Solutions won its first order for a project offshore Mexico as it secured a contract from Saipem to supply umbilicals for the Pemex-operated Lakach deepwater natural-gas field.Aker Solutions will deliver electro-hydraulic steel tube…
Is a bow really a necessity for large ships? When the vessel’s main function is walk-to-work (W2W) services in the offshore renewable sector, a heightened sterncan operateeither way,thus facilitating on-siteDP positioning.This is the idea behind the TWIN X-STERN concept vessel from ULSTEIN…
BIMCO has today announced that it has taken ownership of the unique Shipping KPI System that allows shipowners and managers to compare their ships’ efficiency against the performance of the industry and sector averages.The Shipping KPI…