Rotterdam-baed towage and marine services company Smit Lamnalco ordered four Damen ASD 3212 tugs.Two of the new Damen ASD 3212 tugs will head for the mining town of Weipa in Queensland, Australia in the third quarter of 2018, where they will be deployed on a Rio Tinto project…
The Ministry of Commerce (MOFCOM) in China approved Danish shipping giant Maersk Line’s proposed acquisition of Hamburg Süd, reported Reuters. Maersk Line, the world’s biggest container shipping company, will pay 3.7 billion euros ($4.3 billion) to buy German rival Hamburg Sud…
Mitsui O.S.K. Lines (MOL) announced plans to work with Asahi Kasei Engineering Corporation (AEC) on a project to verify predictive detection of abnormalities in marine rotary machineries using vibrating sensors. The research will focus…
Mitsui O.S.K. Lines (MOL) announced that it teamed up with Fujitsu Laboratories Ltd., and Tokyo University of Marine Science and Technology to verify the accuracy of technology to estimate vessel performance at sea by applying Fujitsu's artificial intelligence (AI) technology…
“Many global financial institutions have committed to bringing their portfolios in line with the transition to a low-carbon economy. To fully achieve this, they must address the climate risks to hundreds of billions of dollars in shipping investments that will emerge as soon as 2023…
Safety solutions provider Survitec is continuing to show its commitment to the Asia-Pacific region by displaying its latest range of safety and survival solutions at Marintec China 2017, between December 5th-8th. The exhibition takes place…
Wilhelmsen is exploring concrete ways of leveraging their data on DNV GL’s Veracity industry platform. In one of the first data sharing pilot projects on the new open platform, Wilhelmsen is testing a system to share ship compliance and condition…
Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 6.5 million tons in September, an increase of 23.4 percent compared to a year ago, the Lake Carriers' Association (LCA) said. Shipments also bettered the month’s 5-year average by 8…
Scorpio Bulkers, announced that it has entered into two separate agreements with unaffiliated third parties to acquire three Ultramax dry bulk vessels and one Kamsarmax dry bulk vessel. The deal was for an aggregate of $90 million, of which $77…
Eniram, a Wärtsilä company, has signed a five-year service agreement with Corsica Linea to take them to the forefront of digitalization and performance management. The agreement covers the fleet owned and operated by Corsica Linea between Marseilles and Corsica…
China has has unveiled a massive island-building vessel, which has been called “a magic island-maker” by its designer and is considered the most powerful vessel of its type in Asia, the state media reported. Named Tian Kun Hao, the ship…
Algoma Central Corporation, a leading provider of marine transportation services, announced that the first Equinox Class self-unloader, the seaway-max size Algoma Niagara, arrived at the Canadian port of Sept Iles, Quebec on November 1st. The…
Solstad Offshore Singapore, a wholly owned subsidiary of Solstad Farstad ASA, has sold the AHTS Nor Star The vessel (5.500 BHP) was built in 2005 built at Pt. Jaya Asiatic Shipyard,Batam Indonesia. Delivery of the vessel to the new owner has taken place today…
The World Wind Energy Association (WWEA) has today announced a key strategic partnership with the International Windship Association (IWSA) in order to further promote the uptake of wind technology by the global shipping fleet. WWEA is…
Crowley Maritime Corp. said it has retrofitted two of its heavy lift, flat-deck barges, 455-3 and Marty J, to provide additional capacity to customers shipping cargo between the U.S. mainland and Puerto Rico.With the 455-3 sailing early Tuesday morning from the Port of Jacksonville…