Singapore-based Shipowner and operator Masterbulk has renewed its fleet Safety Service Agreement for a period in excess of two years with Wilhelmsen Ships Service (WSS). Josephine Tay, Account Manager WSS Singapore said, “The WSS safety service…
Sean Connaughton, Secretary of Transportation for the Commonwealth of Virginia, oversees seven state agencies with more than 9,700 employees and combined annual budgets of $5 billion. But this transportation professional is perhaps best known to MarineNews readers as the U…
European Shippers Council (ESC) considers the call for stricter IMO regulations concerning the weight of containers prior to loading superfluousAccording to the European Shippers Council (ESC) extra regulation of container weights will not solve the safety issues in container transport…
Demolition Prices for elderly ships have fallen by a quarter in 2012 to date, and owners are encouraged to dispose of recycling candidates sooner rather than later, says Mark Williams of Braemar Seascope. Addressing the 7th Annual Ship Recycling Conference in London on 19th June…
The Korean company Daewoo Shipbuilding & Marine Engineering (DSME) has placed an order for a total of 160 separators of the new eagleclass generation with GEA Westfalia Separator Group. They will operate on the twenty unequalled Triple-E container ships of A…
The American Club reported positive developments during 2011, and into the first half of 2012, at yesterday’s annual meeting of its members in New York. Its business had made steady progress, notwithstanding the challenges which continued to confront the global economy in general…
Less than one week remains before the High Performance Craft Expo (HiPer Craft) 2012 on June 26-27, 2012 at the Half Moone Cruise and Celebration Center, proudly hosted by the American Society of Naval Engineers (ASNE). This special event is…
U.S. Army Corps of Engineers releases the 'U.S. Port and Inland Waterways Modernization: Preparing for Post-Panamax Vessels' reportThe U.S. Army Corps of Engineers (USACE) has submitted to Congress the 'U.S. Port and Inland Waterways Modernization: Preparing for Post-Panamax Vessels' report…
United States Coast Guard Assistant Commandant for Prevention Policy Marine Safety Advisory 01-12 June 21, 2012 Washington, DC; Recommendations for Recreational Diving Operations Occurring from Commercial Passenger Vessels. This advisory is addressed to Passenger Vessel Operators…
Following weeks of preparation and more than seven days of intensive, round-the-clock operations, RESOLVE Salvage & Fire, (ASIA) Pte Ltd. announced that more than 1000 MT of volatile LPG 1- Butene have been removed from the stranded and wrecked freighter LPG OBERON in the Taiwan Strait…
Liquid Robotics, Inc. and Schlumberger announced the creation of Liquid Robotics Oil & Gas, a joint venture to develop services for the oil and gas industry using Wave Gliders, the world’s first wave-powered, autonomous marine vehicles. The…
At the Organisation for Economic Co-operation and Development (OECD) in Paris today (Thursday 21 June) the International Chamber of Shipping (ICS) will call on governments to resume negotiations on a new global agreement to eliminate market distorting measures from shipbuilding…
Concordia Maritime signed a contract with Guangzhou Shipbuilding International (GSI), China for the delivery of two chemical parcel tankers of approx. 50,000 dwt at the end of 2014/beginning of 2015. The investment amounts to around $78.6m and…
Statoil and Rosneft today signed agreements on joint bidding for exploration licenses in the Norwegian Barents Sea and on Joint Technical Evaluation covering two Russian onshore assets. This concludes the first implementation agreements envisaged…
BOURBON announces the establishment of new financing for a total of 420 million euros.The financing takes the form of a new Club Deal for a total of 240 million euros with a syndicate of 8 French banks on one hand and on the other hand BOURBON’s…
