Currently, 319 oil/gas floating production units are now in service, on order or being remarketed for reuse. FPSOs account for 66% of the existing systems, 73% of systems on order. Another 25 floating LNG processing systems are in service or on order…
New Jersey Gov. Christopher Christie, State Sen. Joseph Kyrillos, Monmouth County Freeholder Director Thomas Arnone, NY Waterway President & Founder Arthur E. Imperatore and Yank Marine President & Founder John C. Yank Jr. of Tuckahoe today…
Star Bulk Carriers Corp. (Nasdaq: SBLK) took delivery of M/V Star Challenger (formerly M/V “Supra Challenger”), a 61,462-dwt Ultramax bulk carrier of built in Japan by Imabari Shipbuilding Group in November of 2012.The ship has been employed…
MPE Interiors has completed a contract for ferry operator Stena Line to deliver an extensive fit out on the Stena Adventurer vessel. MPE carried out the refurbishment works at the forward end of passenger decks seven and eight on the vessel which operates between Holyhead…
Keppel Offshore & Marine Ltd's (Keppel O&M) subsidiaries Keppel Shipyard Ltd (Keppel Shipyard) and Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) won five contracts worth about $120m in total.'We are glad to have the support of repeat…
The UK P&I Club’s publication ‘Hellas Hilights - Issue 28’ recorded Rod Lingard's attendance at the green4Sea Forum and his address on 'The Legal and Insurance Aspects of Slow-Steaming, excerpted as follows:What’s the problem? On one side…
The Baltic Exchange inform it will be making significant amends to the Baltic Capesize Index including a change to its vessel description, amends to the route weightings and the addition of three new routes, as follows: The move follows…
Upon completion of the expansion of the Panama Canal, the cost to transport grain from the U.S. corn belt to Asia will drop by an estimated 12%, thus increasing the cost competitiveness of the U.S. as a grain exporter to Asia, Rabobank forecasts…
Classification society ClassNK and Rio Tinto Iron Ore (part of the Rio Tinto Group, one of the world’s largest metal and mining companies), announced that they have signed a collaborative agreement focused on the safe carriage of iron ore. The…
Lake Huron Chartering announce that criminal charges filed in Houston, Texas against three of its executives have been granted dismissal. As of June 10, 2013, indictments and charges against Alireza Etessami, Gustavo Gimeno and Denny Martinez have been dropped…
ITIC has warned ship managers of the potentially severe financial implications of nominating unsuitable ships for the carriage of specific cargoes.In the latest issue of its Claims Review, ITIC cites the case of a commercial ship manager which fixed a ship for a voyage of 4…
When awaiting a berth for prolonged periods hull fouling is unavoidable. The owners of such a vessel may well expect the charterers to pay for the hull cleaning and to bear the risk of the vessel's resulting under-performance, writes Evangelos Catsambas…
Strategic Marine makes headway in marine infrastructure sector with two new projects underscoring fabrication capabilitiesStrategic Marine announced today it is constructing two marine infrastructure fabrication projects in its Vietnam shipyard…
Port Officials and BMW of North America, on the eve of BMW’s 26th anniversary at the Port, executed a fifth modification of its 1987 contract extending their agreement for an additional five years through December 31, 2018. Said Harbor Board President Jason Hodge…
Transas Marine has won the Italian tender of 'Consorzio degli armatori del mediterraneo' for supply of navigation equipment for 64 vessels.'Consorzio degli armatori del mediterraneo' is the Italian Shipowners Research Consortium which consists of 6 shipowners (Augusta Due…
