Marine Equipment News

 

Evolutionary Carrousel RAVE Tugs Under Construction

Mar 28, 2016

In cooperation with R. Allan Ltd. (RAL) and Novatug B.V., Voith participated in the development of a new tug. The Carrousel RAVE Tug (CRT) is characterized by a towing winch on a ring. This ring can rotate freely around the tug's deckhouse – a unit referred to as the 'Carrousel Towing System'…

ICS Deliberate on “Legal Issues relating to Shipping & Ports”

Mar 28, 2016

ICS, East India Branch conducted conference on Legal matters pertaining to Maritime Sector prior to joining hands with M/s Hinode Events a Knowledge Partner to serialise this an Annual Conference on Legal Maritime Legal matters. The Branch takes…

Seaspan Acquires 9th 10K TEU Boxship

Mar 27, 2016

Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of a 10000 TEU containership, the MOL Benefactor. The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd., is Seaspan's ninth 10000 TEU SAVER design containership and first delivery in 2016…

Iranian Ships Start Calling at Antwerp port

Mar 26, 2016

The Iranian shipping company Islamic Republic of Iran Shipping Lines (IRISL) called at the port of Antwerp with one of its ships this week, for the first time since economic sanctions were lifted. The honour of being the “first” Iranian ship…

Adani Kandla Terminal Hits 3.5 MT Volume

Mar 26, 2016

Adani Kandla Bulk Terminal Pvt. Ltd. (AKBTPL), part of Adani Ports & Special Economic Zone Ltd (APSEZ), India’s largest port developer, today announced it had clocked minimum guaranteed throughput (MGT) cargo volume of 3.5 million tonnes (MT)…

Soo Locks Open for 2016

Mar 26, 2016

At 12:01 a.m. today, the U.S. Army Corps of Engineers officially opened the Soo Locks for the start of the 2016 shipping season. The locks at Sault Ste. Marie, Michigan are among 16 locks that form the Great Lakes St. Lawrence Seaway navigation system which extends from Duluth…

Decade Old Waste Dumping Treaty

Mar 25, 2016

The 1996 'London Protocol' covering the dumping of wastes at sea entered into force ten years ago today (24th March). The Protocol modernized the original “London Convention” dumping treaty, bringing in a so-called “precautionary approach” that…

USCG Oversees Tug Specialist hoist near Tappan Zee Bridge

Mar 25, 2016

The Coast Guard monitored the hoist of the tugboat Specialist near the Tappan Zee Bridge today.The Specialist was part of a three-tug group that was pushing a crane barge south on the Hudson River. The 84-foot long vessel struck a stationary…

What’s Next for LNG - DNV GL

Mar 24, 2016

Dr. Gerd-Michael Würsig, Business Director LNG fuelled ships at DNV GL – Maritime, looked at some of the current issues in the LNG industry and provided an overview of what DNV GL is doing to support growth in this segment.“The main drivers…

Hiab's Search for Crane Champion Begins

Mar 23, 2016

Hiab, part of Cargotec, invites the world's best crane drivers to compete in the World Crane Championships 2016. The competition has now started and the first qualification round took place on 16 March in Madrid, Spain where Carles Amils Xampro…

BOEM Proposes New Regulation for OCS

Mar 22, 2016

The Bureau of Ocean Energy Management (BOEM) today released proposed regulations that would provide additional clarity and certainty for its Marine Minerals Program regarding negotiated, non-competitive leases for Outer Continental Shelf (OCS) resources such as sand…

Navig8 Acquires LR2 Tanker from Sungdong

Mar 22, 2016

Navig8 Product Tankers Inc. an international shipping company focused on the transportation of petroleum products, today announced that it has taken delivery of the Navig8 Sanctity, a 110,000 DWT LR2 tanker, from Sungdong Shipbuilding & Marine Engineering Co…

SCF's Profit Zoom Fourfold

Mar 22, 2016

SCF Group (PAO Sovcomflot) reported steep jump in their net profit to USD 354.5 million from USD 83.9 million in the earlier year. Its gross revenue increased by 7.6 per cent to USD 1,483 million (2014: USD 1,378 million) and its time charter equivalent revenue rose by 18…

Kongsberg GlobalSim Management Buyout

Mar 22, 2016

Kongsberg GlobalSim, the wholly owned land-segment crane simulation subsidiary of Kongsberg Maritime is to become an independent business following a management buyout announced on 21st March 2016. The buyout will enable GlobalSim to focus on its core port crane…

Protea Investing for the Future

Mar 21, 2016

Protea, a deliverer of offshore handling equipment including cranes, winches and launch and recovery systems to global customers working in the on-shore and offshore energy industries, says its success in the turn-key engineering, production…

Logistics News

Port Houston Sees Strong Container Volumes for June, Steel Rebounds

Port Houston Sees Strong Container Volumes for June, Steel Rebounds

Red Sea Shipping Insurance Rises After Houthis Announce Blockade

Red Sea Shipping Insurance Rises After Houthis Announce Blockade

Steel Billionaire Vladimir Lisin Sells Sea of Azov Shipping Firm

Steel Billionaire Vladimir Lisin Sells Sea of Azov Shipping Firm

Russian Wheat Export Prices Soar Amidst Escalating Hostilities

Russian Wheat Export Prices Soar Amidst Escalating Hostilities

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