SHI is ready to invest around $950 million in the overseas shipbuilding facility by 2017, according to SHI’s Chief Financial Officer Chun Tae Heung.Tankers, bulk ships and smaller container vessels might in the future be built in Malaysia…
A steel-cutting ceremony was held on September 29 for the lead gas tanker ordered by SCF Group for transportation of liquefied natural gas (LNG) under the Yamal LNG project. The prototype vessel will be operated under a long-term time charter between OAO Sovcomflot and JSC Yamal LNG…
A leading North-east project services, engineering and consultancy firm has expanded its team with the addition of a key appointment as part of its long term growth strategy.Aberdeen based, CSL, located at Geo House on Commerce Street has…
The arrival of the cruise ship Norwegian Star at Lerwick Harbour today (Thursday 25 September) marks the end of the Shetland port's best season yet, with two records achieved.Passenger numbers reached a new high at 43,056, topping the previous record of 37…
Seakeeper proudly introduces five new models, offering stability and roll reduction for vessels 30’ and larger! The product range now includes the Seakeeper 5, 9, 16, 26 and 35 models, with gyros that are smaller and more powerful than ever…
In the stock exchange notice dated 13 November 2013 Höegh LNG Holdings Ltd. informed that LNG Libra, a 126,000 cubic meter LNG carrier, was chartered to Gas Natural until year-end 2014. Gas Natural has today exercised its option to extend…
The Port of Everett Seaport is adding additional lift capacity to its operations in March 2015, with the purchase of a new, 150-ton GHMK 7608 mobile harbor crane.The nearly $5.1 million investment, which was authorized by the Port Commission…
Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced the publication of the English version of its Environmental and Social Report 2014, which introduces the MOL Group's perspectives and latest initiatives regarding corporate social responsibility (CSR) and the environment…
A global market report published by Transparency Market Research, entitled Marine Lubricants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018, provides inputs about the global state of the current market…
The future USS Zumwalt, the first ship of the DDG 1000 multimission destroyer class, performed a successful Generator Light-Off of its first Main Turbine Generator Set (MTG) this week, Rolls-Royce announced. The ship is now power self-sufficient enabling follow-on systems testing and trials…
Insight Genesis™,the custom map-generation tool for Lowrance, Simrad NS and B&G Zeus series chartplotters,announced today the latest update to its premium map-making service— Apple Mac and mobile device compatibility. Significantly expanding access to Insight Genesis…
25th September, the Day when the World Maritime Day gets celebrated in Mumbai is an event well-known among the seafaring community and in the shipping and other related circles. Though other centers in India too have their own celebration…
Travel Weekly magazine announced the recipients of its 2014 Magellan Awards, and Holland America Line received eight of the prestigious honors. The line won five gold awards in the categories Restaurant Design for Canaletto Small Plates, Television Commercial for “Breathtaking Meet Impeccable…
The new sulphur directive for shipping traffic within the North European SECA area, which comes into force on January 1, 2015, is good for the environment but has a significant economic impact on Stena Line's business. The whole of the change program that begun in 2013…
The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of a 2006-built Supramax Bulk Carrier of about 52,454 dwt. The company had contracted to buy the ship earlier this month. Earlier yesterday the company reported having…