This week is Singapore Maritime Week 2016, when the city-state celebrates its role as the major hub for shipping in the region, Singapore has good reason to celebrate: according to mapping, ship search and valuation provider, VesselsValue, Singapore owners control just under 2…
A rise in iron ore trade, higher steel prices and increased scrapping have all contributed to recent improvements but the outlook is fragileApril 19, 2016. The latest Dry Bulk Freight Forecaster from Maritime Strategies International* analyses…
The U.S. Department of Transportation’s Maritime Administration (MARAD) today awarded $4.9 million in grants to support capital improvements at nine small shipyards located throughout the United States. Provided through the Small Shipyard Grant Program…
With its latest succession of contracts won, ballast water treatment (BWT) specialist Optimarin reports it has now sold more than 400 of its environmentally friendly UV-based systems. Optimarin said 2016 has been a boom year for a company…
NTNU spin-off company Eelume collaborates with Kongsberg Maritime and Statoil to develop swimming robots for subsea inspection and light intervention.Kongsberg Maritime and Statoil have signed an agreement with Eelume, a NTNU spin-off company…
In their “Best route market study for containerised imports to South Germany”, published at the beginning of March, the Drewry Group’s supply-chain consultants investigated via which ports containers imported from Shanghai can be transported fastest and cheapest to southern Germany…
European Marine Engineering Award 2016 for Azipod D recognizes innovation and originality in auxiliary machineryPower and automation technology group ABB has won a European Marine Engineering Award, acknowledging the innovation behind the new Azipod D electric propulsion solution…
Leading international classification society Bureau Veritas has issued Approval in Principle for the WindFloat Floating Offshore Wind Turbine (FOWT) foundation. WindFloat is designed by Principle Power and consists of a ballasted floating platform…
Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), held the Launching Ceremony today for the second Littoral Mission Vessel (LMV), Sovereignty, designed and built for the Republic of Singapore Navy (RSN)…
The National Transportation Safety Board is set to resume its search April 18, 2016, for the vessel data recorder of the sunken El Faro cargo ship. The U.S. flagged El Faro sank during Hurricane Joaquin on Oct. 1, 2015. All 33 of the El Faro’s crew perished in the accident…
The port of Antwerp handled 53,265,552 metric tons of freight in the first three months of this year, 3.9 percent more than in the same period last year. The container volume in TEU did particularly well with growth of 4.6 percent, while liquid bulk rose to new heights with growth of 10…
On the back of increased production by its anchor customers, Essar Ports Limited (EPL) has registered significant growth in cargo handling over the last three months. In March 2016 alone, EPL’s four operational ports handled total cargoes of 6…
Konecranes has announced its third RTG delivery to the Mediterranean Shipping Company (MSC) Terminal in Valencia, Spain. When the three RTGs on order go into operation, MSC Terminal Valencia will operate a fleet of 18 Konecranes RTGs. The cranes will be delivered by spring 2017…
Yves Barraquand has been appointed as the new CEO of control, instrumentation and electrical engineering specialist CMR Group. Taking over from Pascal Fouache, who has led the Group since 1991, Barraquand, will lead an organization employing…
GAC Russia has teamed up with the Far East Development Fund to address the challenges faced by international shipping companies transiting the Northern Sea Route (NSR), and to make this transport corridor more attractive to ship and cargo owners…
