The first cargo was sold to Angola's state oil & gas company and is currently being shipped to Brazil by the LNG carrier 'SS Sonangol Sambizanga', one of seven 160,000 m3 LNG vessels that are under long-term charter to the Angola LNG project…
New data from The National Marine Manufacturers Association (NMMA) show 88 million Americans expected to take to U.S. waterways this summer.NMMA add that recreational boating in the U.S. has an annual economic value of $121-billion. The industry’s rising tide supports 964…
The Crown Commissioners announce a site leasing program to encourage investment in a range of offshore wind test & demonstration projects, including a leasing round for floating offshore wind technology.The Crown Commissioner's plans were…
The Department of Defense announce, amongst others, Navy contracts for Gravois Aluminum Boats, and Marine Hydraulics International.Gravois Aluminum Boats LLC, Jeanerette, La., is being awarded a $9,634,577 firm-fixed-price, indefinite-delivery/indefinite…
Nicaraguan lawmakers grant a 50-year concession to a Chinese company to design, build & manage a shipping channel across the Central American nation to compete with the Panama Canal, reports Reuters.The $40 billion proposal by HK Nicaragua…
Widen Enterprises has been contracted by Crowley to replace its high-maintenance installed system with cloud-based Widen DAM.The new system aims to provide Crowley with a better user experience for employees and to gain greater system configuration options…
COSCO International acquires Germany's Hanyuan to further develop global service network in marine spare parts supply.Yuantong Marine Service Co. Limited, COSCO International’s wholly owned subsidiary mainly engaged in supplying marine equipment and spare parts…
NYK Line's new roll-on/roll-off (RO/RO) service, 'NYK Chile Express', connects Houston with the west coast of South America from July 24, 2013.The service adds a call to the Port of Houston Authority's Turning Basin terminals -- the cornerstone of the nation's No…
Ocean carriers’ plans to get rid of surplus 8,000 teu vessels by dumping them into the Asia – East Coast of S. America tradelane appears to have seriously backfired.The recent launching of MSC’s new Ipanema service in the middle of April,…
Portugal’s new oceanographic survey vessel is to be donated by Norway and equipped by funding under the EEA Grants programme.The announcement was made recently by Portugal's Assunção Cristas, Minister for Agriculture, the Sea, the Environment and Land Planning…
The Baltic Exchange advises panellists that with the prevalence of 'slow steaming' they should assume that if steaming at 12kts laden/13kts ballast, Capesize vessels will consume 44 tonnes per day (NDAS).The London market exchange has provided…
Rolta India Ltd wins contract for establishing 'National NAVTEX Network' from a subordinate office under the Ministry of Shipping, Road Transport & Highways, Government of India, that provides general aids to navigation along the Indian coast…
China Merchants Holdings (International) announce completed acquisition of a 49% stake in container port operators Terminal Link from CMA CGM.Farid Salem, CMA CGM's Executive Officer, said: 'CMA CGM is very pleased to enter a new strategic…
COSCO Kansai Paint & Chemicals win the Hong Kong-Zhuhai-Macao Bridge Authority’s coatings contract for the 38-km long Pearl River estuary bridge.The vast bridge in the South China Sea will form a fixed crossing over the Pearl River Estuary…
Mitcham Industries' marine equipment manufacturing unit, Seamap, has signed a manufacturing agreement with a subsidiary of Petroleum Geo-Services (PGS).Over the past several months, Seamap and PGS have collaborated to develop PGS SourceLink…
