Today in the containership industry a landmark deal has occurred with the youngest ever containership sent for demolition by Rickmers Marine Trust. The vessel was a seven year old panamax boxship (4250 TEU, 2009 Blt, Built China). She is valued just above scrap at USD 5…
On Veteran’s Day this year, T&T Subsea divers worked to help save the Battleship Texas, the over 100-year-old U.S. naval vessel and historic landmark ship of Texas launched in 1912 that fought in both World Wars.T&T Subsea, the Teichman Group’s dedicated commercial diving company…
At 104.9 million tons, total seaborne cargo throughput for the first three quarters of 2016, covering general and bulk cargo segments, was up 0.3 percent on the previous year.“Seaborne cargo throughput in the Port of Hamburg has stabilized…
A record year for containership demolitions in 2016 has helped suppress total fleet growth close to the rate for demand. To repeat that feat the scrapping record will need to be smashed again, and again.There are multiple ways to measure the vitality of the container industry…
Compared to the excellent first three quarters of 2015 (+5.4%), cargo throughput in the same period this year fell by 1.9%. The decrease was particularly strong in coal and iron ore. Allard Castelein, CEO of the Port of Rotterdam Authority:…
Lerwick Harbor has logged its best cruise season yet, with the Shetland port setting four new records in 2016 – and three expected to be broken again next year.The season closes tomorrow, Thursday 6 October, with another visit by the Cruise & Maritime Voyages-operated Marco Polo…
Over forty-five leading companies in the shipping and offshore maritime sector are among those who have contributed to the funding for the first ever exhibition in the Netherlands dedicated to the offshore sector, to be housed at The Maritime Museum Rotterdam for the next seven years…
With today’s focus on digital technology, mobile apps, enhanced reality and the overall digital landscape, the maritime industry often gets overshadowed, leaving some to ask, “Does maritime still play a significant role in today’s society?” The answer…
For the third consecutive year, Matson, Inc. (NYSE: MATX) subsidiary Matson Navigation Company, a leading U.S. carrier in the Pacific, has been rated by shipping customers as the top ocean carrier in the world.The Number One ranking was…
A comprehensive technical feasibility study has determined the SS Unites States to be structurally sound, but a number of insurmountable obstacles will keep America’s Flagship from returning to seagoing service.In February, Crystal Cruises…
KVH Industries, Inc., (Nasdaq: KVHI), announced today that it is offering Videotel’s new safety and training video about the Zika virus free to all mariners worldwide. The goal of the program is to increase awareness of the vitally important…
Excelerate Energy L.P. (“Excelerate”), Petrobangla, and the Government of Bangladesh executed the Terminal Use Agreement (“TUA”) and the Implementation Agreement (“IA”) for the construction and operation of Bangladesh’s first LNG import terminal – Moheshkhali Floating LNG…
As part of the ongoing Blue Star Delos Renewable Energy Innovation Project, Eco Marine Power (EMP) stated that the Aquarius Management & Automation System (MAS) installed on Blue Star Delos has been updated with new fuel oil consumption (FOC) and emissions monitoring software…
C. Raymond Hunt Associates, a boat design firm that continues to expand on the legacy of its founder, C. Raymond Hunt, to produce innovative boats with rugged seaworthiness, is now celebrating its 50th year. “Ray Hunt was a genius, able…
GAC Russia is expanding eastwards with the opening of new branches at Nakhodka and Yuzhno-Sakhalinsk.This latest development means it is the only ship agent with a presence throughout the interconnected Arctic region and Far East: at Murmansk…
