BIMCO has today announced that it has taken ownership of the unique Shipping KPI System that allows shipowners and managers to compare their ships’ efficiency against the performance of the industry and sector averages.The Shipping KPI…
Argentinian company Cooperativa De TrabajosPortuariosLimitadade San Martín signed a contract forthe delivery of two Damen ASD 2810 tugs and one Cutter Section Dredger 500. The twovessels and dredgerare to be used in the Argentinian terminal region around Rosario on the Paraná river for towing…
Radio Holland, part of Imtech Marine, has concluded a service agreement with leading tanker, gas and offshore maritime group BW Fleet Management (BWFM). The two-year agreement covers all the navigation and communication equipment onboard 13 LPG vessels…
The X-STERN solution from Ulstein was awarded the Next Generation Ship Award at the Nor-Shipping opening conference on June 2. Innovative ship design is the main criteria in the awarding of this prize.“Innovation is at the core of what we do…
As a result of the recent successful completion of sea trials on-board the high speed car and passenger ferry, Blue Star Delos, Eco Marine Power (EMP) has now cleared the Aquarius MAS + Solar and Aquarius Marine Solar Power solutions for commercial release…
Navatek, the naval research and design company based in Hawaii and Rhode Island, and NEB, a leading builder of high-tech composite and aluminum boats based in Portsmouth, R.I., announce the launching of the Sea Blade 35, a 35-foot rigid hull inflatable boat (RIB) with a top speed of 60 knots…
Aker Arctic Technology Inc has acquired full ownership of Canadian based company Akac Inc, which is known in the oil and gas industry for its involvement in the Arctic offshore projects and operations. According to Aker Arctic Technology…
With 2020 in sight, DNV GL looked at the lessons to be learned from the update to the classification society’s “Shipping 2020” report which was published in 2012. Now, three years later, hybrid propulsion systems and connected ship solutions…
With new rules and regulations affecting the platform supply vessel (PSV) market, Wärtsilä is launching a new PSV ship design at this year's Nor-Shipping exhibition being held in Oslo from June 2-5. The new design puts emphasis on increased cost efficiency…
AVEVA Group plc announces that it has agreed to acquire FabTrol Systems, Inc. from the Dowco Group of Companies the acquisition is expected to complete by Friday 26 June 2015.FabTrol is a software business, headquartered in Eugene, Oregon…
United Arab Shipping Company's first ultra-large container vessel has entered service equipped with a MacGregor high-efficiency cargo handling system, which is designed to maximise payload potential and operational efficiency and reduce environmental…
The second edition of Wartsila's Encyclopedia of Ship Technology is to be launched at the Nor-Shipping exhibition and conference being held in Oslo, Norway from June 2 to 5. The publication provides definitions to the current terminology used in the marine industry's technical vocabulary…
The U.S. Navy has awarded General Dynamics Electric Boat a $46.4 million contract for planning efforts in support of maintenance and modernization work on USS Montpelier, a Los Angeles-class attack submarine. Electric Boat is a wholly owned subsidiary of General Dynamics…
Scorpio Tankers Inc. announced today (i) a new $250 million Securities Buyback Program, (ii) that it has recently taken delivery of an MR product tanker and (iii) that it will not exercise the options to purchase two LR2s currently under…
Wärtsilä completes acquisition of L-3 Marine Systems International Wärtsilä Corporation announced that its acquisition of the Germany based L-3 Marine Systems International (MSI) has been finalized and control of the company will be transferred to Wärtsilä with effect from June 1…
