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…
V.Group announced Bob Bishop has been appointed chairman of Selandia Ship Management in addition to his current role in business development of the Group. The acquisition of Selandia Ship Management in 2016 provided V.Group a unique opportunity…
Chinese container carrier Cosco Shipping is thirsty for expansion and will raise CNY 12.9billion (USD 2billion) in new capital, according to Reuters report. The money will go to the construction of 20 new vessels. The carrier will use the raised fund to fund the building of six 21…
Bahri Data showcased its Big Data capabilities at the Maritime Innovation and Digitalization Day 2017, organized by Dubai Maritime City Authority (DMCA). Representing Bahri at the event which was recently held in Dubai, Anwar Siddiqui, President of Bahri Data…
Vessel operating costs are expected to rise in both 2017 and 2018, according to Moore Stephens' survey. Repairs & maintenance and spares are the cost categories which are likely to increase most significantly in each of the two years. The…
To increase safety at sea, requirements will be introduced for a personal watercraft certificate and insurance as well as improved possibilities of imposing sanctions after accidents involving personal watercraft, powerboats and similar vessels…
GTT, leading engineering company in containment systems for the shipping and storage in cryogenic conditions of LNG (liquefied natural gas) announces a new order from South Korean shipyard Samsung Heavy Industries (SHI) regarding a Floating Storage and Regasification Unit (FSRU)…
China’s Wison Offshore & Marine has signed a strategic cooperation agreement with GTT, a provider of design and engineering of containment systems for maritime transportation and storage of LNG. Pursuant to the agreement, both parties will conduct a cooperation work on various LNG projects…
The pressure on LNG shipping spot rates will continue for another year on account of strong fleet growth. However, rates should strengthen from 2019 as fleet growth slows and trade remains strong, according to the latest edition of the LNG…
Wallem Ship Management has been appointed to manage Sanasia’s new pure car/truck carrier (PCTC )vessel, currently under construction and to be delivered next year.Wallem said it was first choice for Sanasia thanks to a relationship which goes…
Vessel operating costs are expected to rise in both 2017 and 2018, according to the latest survey by international account and shipping consultant Moore Stephens. Repairs and maintenance and spares are the cost categories which are likely to increase most significantly in each of the two years…