Princess Cruises, the Carnival-owned cruise line, has taken delivery of its fourth Royal-class ship, Sky Princess, at Fincantieri's Monfalcone shipyard in Trieste, Italy.The vessel is the 17th ship Fincantieri has built for Princess, but it…
Damen Shipyards, an international shipyard group, has partnered with the global IT services giant Tata Consultancy Services (TCS) in the development of an integrated IoT platform, with its eyes firmly on the future.'With this, Damen vessels…
International Maritime Organization (IMO)'s rules and regulations for suppressing unlawful acts against the safety of navigation can be seen in the wider context of the global fight against terrorism.The United Nations Counter-Terrorism Committee…
Japanese shipping giant Mitsui O.S.K. Lines (MOL) announced that it conducted a tabletop drill based on an incident simulation involving an MOL-owned containership.MOL holds these drills periodically to confirm its emergency response system in preparation for serious marine incidents…
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell for a third consecutive session on Tuesday, due to lower demand for larger capesize and panamax vessels.* The Baltic index, which reflects rates for capesize…
Asia's largest refiner, Sinopec, is weighing plans to cut oil imports in December and reduce output at its refineries after a surge in global tanker freight rates hit margins, four sources with knowledge of the matter said.The cost of shipping…
At CMRE, it’s not just about the science. It’s about building trust and confidence in resilient systems. An interview with Dr. Catherine Warner, Director, NATO Center for Maritime Research and Experimentation, La Spezia, ItalyTell us a little about yourself and CMRE…
The United States Coast Guard Marine Safety Alert 06-19 (USCG MSA 06-19) outlines a February 2019 incident aboard a deep draft commercial vessel that called on the Port of New York / New Jersey after experiencing a significant cyber incident that impacted their shipboard network…
The global search for lower carbon forms of energy and demand for cost-effective ways to serve power demand in emerging markets and remote locations is driving interest in floating storage and regasification units (FSRU).FSRUs are a faster and…
Grandweld, a fully integrated shipyard providing shipbuilding, ship repair, and engineering solutions to serve the offshore and marine industry, has celebrated its 35th anniversary, which marked their continued excellence since its inception in 1984…
Norway-based shipowner 2020 Bulkers has entered into a time charter agreement for its newcastlemax newbuilding Bulk Shanghai with a subsidiary of Glencore.The vessel will commence a 11-13 month time charter upon delivery from New Times Shipyard…
United States based commodities trader Hudson Shipping Lines (HSL) became a member of the Trident Alliance as part of the company’s ongoing ‘green’ initiatives.The shipping company is increasing its commitment to cleaning up the shipping industry in conjunction with two environmental organizations…
Netherlands-based OOS International has revved up the engines on its newbuild semi-submersible heavy lift crane accommodation vessel OOS Walcheren for the first time.The OOS Walcheren is currently under construction at China Merchants Heavy Industries (Jiangsu) Shipyard…
The shareholders of the dry bulk shipping company based in Athens, Greece, DryShips, voted in favor of the proposal to authorize and approve the previously announced agreement and plan of merger with SPII Holdings.SPII, a company controlled by DryShips’ chairman and CEO…
Five South Korean shipping companies - Korea Line, Pan Ocean, SK Shipping, Hyundai LNG Shipping and H-Line Shipping - could partner up to secure liquefied natural gas transportation services for Qatar’s LNG production capacity expansion project…
