At the SMM Ship Finance Forum just ahead of SMM, the leading international maritime trade fair hamburg, experts will discuss the potential and prospects for new ship financing models. In spite of low newbuilding prices, the total number of ship orders is declining around the world…
Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA (AKPS) has released an update regarding an incident that occurred yesterday at its facility. According to Aker, numerous factually incorrect news reports have emerged…
MTN explains that this advanced hybrid network enables satellite and terrestrial broadband connectivity for higher performance connections on large vessels both at-sea and in-port. With approximately 4,000 guests and 1,600 crew, the new cruise…
A fire-damaged tankship, 'Maritime Maisie' loaded with hazardous chemicals has become a maritime football in the north Pacific, with Japan and South Korea unwilling to give it refuge even though they risk a wider environmental disaster if it sinks…
A catastrophic ice storm wreaking havoc in the American South is now poised to pummel the eastern seaboard; on the other side of the ocean 'Orange', and 'Red' warnings have been issued by Met Éireann and the UK Met Office respectively.Crowley…
Cummins Northwest says it has strengthened its marine presence and expertise recently by adding two new professional to its marine organization as follows:Geoff Conrad – Marine Director at Cummins Northwest informs that Mike Fourtner has…
Award from the Pennsylvania Department of Labor and Industry recognizes Voith’s commitment to workplace safetyVoith Turbo’s York facility has received the 2013 Governor’s Award for Safety Excellence through the Pennsylvania Department of Labor and Industry…
China’s Ministry of Finance and State Administration of Taxation released Circular 106 last December, expanding its value-added tax (VAT) pilot program to additional industries. The circular also made significant updates to the VAT treatment…
Sweden, South Korea and Denmark have initiated a global partnership on the development of e-navigation solutions. Modern technology will lead to higher safety and more efficient transports at sea.The Swedish Maritime Administration is leading the largest European e-navigation project…
The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of Coast Guard members and their families, announced today it has established the Douglas Munro Scholarship Fund. Named for the only Coast Guard member to be awarded the Medal of Honor…
Company continues roll-out of measurement technology across global fleet to provide customers with accuracy in supply.OW Bunker hasannounced that it has installed a Coriolis Flow Meter on one of its refueling barges in Rotterdam. OW…
To support growing customer business in Spain, Wallenius Wilhelmsen Logistics has opened a new branch office in Barcelona.“Spain and Portugal have been suffering from the economic downturn in Europe over the past few years. However, a more…
Experts from the maritime industry met on the M/S Pearl Seaways from January 28-30 for the e-Navigation Underway 2014 international conference. One topic of the talks and discussions was unmanned shipping, which Fraunhofer CML is examining and…
Acquisition Update: U.S. Coast Guard Awards Three Contracts for Offshore Patrol Cutter Preliminary and Contract Design.In a process that has come a long way since the early days of the Coast Guard's so-called 'Deepwater' recapitalization efforts…
SCI begins a massive rebuild of its Paducah, Ky. simulators used to train mariners for safety on the water.The Seamen’s Church Institute (SCI) has signed a contract with Kongsberg Maritime for a complete overhaul of important maritime simulator…
