BOURBON is participating in a tidal turbine connection project off the island of Ushant (Brittany, France), a first in France. A pioneer in the towing and installation of the first floating wind turbine off the coast of Portugal, BOURBON is…
Victoria International Container Terminal Ltd (VICT) has chosen to implement the wide range of port community solutions that 1-Stop Connections (1-Stop) have to offer. 1-Stop is already the system of choice at the Port of Melbourne, where…
South Korean shipbuilders, led by industry leader Hyundai Heavy Industries Co., clinched the largest amount of new orders in May, retaining the top spot for the fourth consecutive month, BusinessKorea reported based on industry sources, including Clarkson Research Services…
Russian LNG-Gorskaya LLC has signed a contract with the shipbuilder United Shipbuilding Corporation (USC) for the construction of Russia’s first three LNG bunkering tankers. LNG-Gorskaya said in a statement that the vessels will be used for its LNG plant project at Gorskaya station near St…
Onassis-controlled Springfield Shipping will convert two oil-bulk-ore (OBO) carriers to VLCCs at Oman Drydock Company (ODC), Oman. The multi-million pound contracts will see ODC convert the recently bought 319,869 deadweight tonnage (DWT)…
Philippe Louis-Dreyfus will be BIMCO's new president for the next two years. In his accession speech at BIMCO’s AGM in Edinburgh, new President Philippe Louis-Dreyfus described BIMCO as “the global association that should be closest to the commercial realities of shipping business…
Singapore-listed Otto Marine Limited said one of its subsidiaries – GO Marine Investments Pte Ltd – had fully redeemed preference shares from a Singapore private equity firm for S$12 million in cash. “The above transaction is not expected…
Singapore-listed Vallianz Holdings Limited, that provides offshore support vessels and integrated marine solutions to the oil and gas industry, has received an investment of $10 million from institutional investor fund United Orient Capital Pte Ltd (UOC)…
Hyundai Heavy Industries (HHI) will stop dismissing employees through voluntary retirement plans and pay each of their workers a special bonus of 1 million won ($910), the company CEO said. The Korea Times quoted a statement addressed…
The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of its new building Kamsarmax dry bulk carrier 'Jag Arnav'. The vessel of about 81,600 dwt was built at Tsuneishi Heavy Industries (Cebu) Inc., Philippines. With the inclusion of the vessel…
The actions of a local hero were honored by U.S. Coast Guard (USCG) Sector Long Island Sound during the East End Task Force meeting in Hampton Bays, New York, May 20. Cmdr. Jonathan Theel, Chief of Responses for Sector Long Island Sound…
Volvo Penta has developed a series of interceptor stabilization systems optimized for workboats, patrol boats and other commercial vessels. The stabilizers provide three-axis trimming to meet dynamic acceleration and cruising phases of operation…
SIU Piney Point building dedicated in honor of the late Thomas B. Crowley Sr. The Seafarers International Union (SIU) recently honored the late Thomas Crowley Sr. during a dedication ceremony that named a new administration building in his memory…
A 5-kilometer fun run to benefit The Mission to Seafarers was held at Norway’s Nor-Shipping conference on June 1. Representing Maritime Reporter & Engineering News at the charity race was Greg Trauthwein, Associate Publisher and Editor, and Dawn Trauthwein…
Eli Vassenden, COO Ship Management in Grieg Star, has been awarded the WISTA LeaderShip Award 2015 by WISTA Norway as recognition of her contribution the maritime industry, her competency and leadership skills within the traditionally male dominated role of COO…
