Nicaraguan lawmakers grant a 50-year concession to a Chinese company to design, build & manage a shipping channel across the Central American nation to compete with the Panama Canal, reports Reuters.The $40 billion proposal by HK Nicaragua…
Widen Enterprises has been contracted by Crowley to replace its high-maintenance installed system with cloud-based Widen DAM.The new system aims to provide Crowley with a better user experience for employees and to gain greater system configuration options…
COSCO International acquires Germany's Hanyuan to further develop global service network in marine spare parts supply.Yuantong Marine Service Co. Limited, COSCO International’s wholly owned subsidiary mainly engaged in supplying marine equipment and spare parts…
The European Investment Bank (EIB) has granted a EUR 150 million loan to Wärtsilä to finance the company's research, development and innovation (RDI) activities in several European countries. The contract for the 10-year loan was signed in Helsinki…
NYK Line's new roll-on/roll-off (RO/RO) service, 'NYK Chile Express', connects Houston with the west coast of South America from July 24, 2013.The service adds a call to the Port of Houston Authority's Turning Basin terminals -- the cornerstone of the nation's No…
Ocean carriers’ plans to get rid of surplus 8,000 teu vessels by dumping them into the Asia – East Coast of S. America tradelane appears to have seriously backfired.The recent launching of MSC’s new Ipanema service in the middle of April,…
Portugal’s new oceanographic survey vessel is to be donated by Norway and equipped by funding under the EEA Grants programme.The announcement was made recently by Portugal's Assunção Cristas, Minister for Agriculture, the Sea, the Environment and Land Planning…
The Crowley Maritime Corp. tugboat 'Explorer' has been awarded a letter of commendation from the Chamber of Shipping of America (CSA) for assisting a stricken vessel 30 miles west of Providenciales, Turks and Caicos Islands, in December. Crowley crewmembers quickly responded to the 20-foot vessel…
The new NYK-TDG campus opens its doors to 180 students at its Calamba location (about 50 km south of Manila).Two ceremonies were held — an opening ceremony for the sparkling new crew training facilities, maritime academy, classrooms, and lodgings…
Coastal Fast Rescue Vessel “BEI HAI JIU 203” has been delivered by China's Afai Southern Shipyard.The new vessel is for operation by Beihai Rescue Bureau, and its details were not disclosed.Mr. Yang Xiaoren, the Deputy Director General of…
The Baltic Exchange advises panellists that with the prevalence of 'slow steaming' they should assume that if steaming at 12kts laden/13kts ballast, Capesize vessels will consume 44 tonnes per day (NDAS).The London market exchange has provided…
HALO Maritime Defense Systems (HMDS), announces the addition of Greg Hersch to its Board of Directors.Mr. Hersch replaces John Shephard who will remain involved with the company as a member of the Board of Advisors.Greg is a Senior Vice…
Heeding the call to join “An Ocean in Common,” authors flooded the Oceans ‘13 MTS/IEEE San Diego technical program committee with a record number of abstracts in a single day.Special topics include an Ultra-deep track discussing current and prospective robotic technologies…
The 2014 Torsional Vibration Symposium, organized by the Vibration Association, is scheduled for May 21-23 in Salzburg Congress, Austria. The event aims to gather industry experts from around the world to discuss current torsional vibration developments…
Supplier of marine air conditioning and sanitation equipment Dometic Marine has announced the promotion of Dennis Chiang to Asia Pacific Marine Divisional Manager.Singapore-based Chiang has been with Dometic Marine for just longer than two…
