Shipbuilding News

 

Big Oil Set to Cash in on IMO 2020 Rules

Nov 02, 2018

The world's biggest oil traders are gearing up to cash in on big disruptions that could hit the shipping fuel market in just over a year due to new U.N.-mandated environmental rules.International Maritime Organization (IMO) regulations will cut the limit for sulphur in marine fuels globally from 3…

First Aloha-Class Ship Delivered to Matson

Nov 02, 2018

Matson, Inc.  took delivery of the first of two new Aloha Class containerships built for Matson's Hawaii service at Philly Shipyard.Christened 'Daniel K. Inouye' in honor of Hawaii's late senior U.S. Senator, the vessel is the largest containership ever built in the United States…

Cruise Shipping: Virgin Orders a Fourth Ship from Fincantieri

Oct 31, 2018

Fincantieri and Virgin Voyages signed a $791m contract for the construction of a fourth cruise ship, which will be delivered at the end of 2023.The new vessel will be a sister-ship of the three ships on order with Fincantieri. Construction is…

Rio Tinto: Autonomous Ships "Not Far Off"

Oct 29, 2018

Mining companies must forge new ties with partners from customers to governments as they pursue innovation and compete for talent with technology giants, Rio Tinto's chief executive said in a speech to be delivered on Tuesday.The mining industry…

Abu Dhabi Ports Acquires Damen Tug Boats for Khalifa Port

Oct 28, 2018

Abu Dhabi Marine Services “Safeen”, the marine services subsidiary of Abu Dhabi Ports, announces the purchase of two new state-of-the-art tugboats from Damen Shipyards Group aimed at supporting the AED 10 billion] expansion of Khalifa Port, Abu Dhabi Ports’ flagship deep-water port…

IMTRA Mourns the Loss of Nat Bishop

Oct 25, 2018

IMTRA Corporation and its employees are saddened by the passing of former CEO and long-time member of the IMTRA family, Nat Bishop, after a 15-year battle with melanoma.Bishop joined IMTRA, the leading manufacturer, supplier and importer of quality marine products…

Moore Stephens: Ship Operating Costs to Rise in 2018, 2019

Oct 25, 2018

International accountant and shipping consultant Moore Stephens says total vessel operating costs in the shipping industry are expected to rise by 2.7% in 2018 and by 3.1% in 2019, according to our latest survey.Responses to the firm’s latest…

Hurtigruten Orders New Hybrid Powered Expedition Ship

Oct 25, 2018

Hurtigruten continues to push the borders for green travel – and orders new, groundbreaking hybrid powered expedition cruise ship.Hurtigruten, an expedition cruise operator, has signed a memorandum of understanding with Norway’s Kleven Verft…

One-on-One with Suzanne Beckstoffer

Oct 23, 2018

One-on-one with Suzanne Beckstoffer, an accomplished engineering leader and business woman, the first woman president in SNAME’s 125 year history.As the Society of Naval Architects and Marine Engineers (SNAME) celebrates its 125th anniversary in 2018…

Crowley Christens LNG ConRo El Coquí

Oct 22, 2018

Crowley Maritime Corp. on Saturday christened its Commitment Class combination container/roll on-roll off (ConRo) ship El Coquí, which is among the first of its kind to be powered by liquefied natural gas (LNG).The Jones Act compliant vessel…

Damen to Supply Two Tugs to Safeen

Oct 18, 2018

Damen Shipyards Group has signed a contract with Abu Dhabi Ports and its subsidiary Abu Dhabi Marine Services (Safeen) for the supply of two new Damen ASD Tugs 2411.The contract was signed by Captain Adil Ahmed Banihammad, the Acting Chief Marine Services Officer at Safeen…

U.S. Coast Guard's Maritime Commerce Strategic Outlook released

Oct 12, 2018

U.S. Coast Guard Commandant Admiral Karl L. Schultz has issued the Coast Guard's 40-paged document that outlines their 'VISION for Enabling Maritime Commerce.' He introduces the new paper in an open letter to industry, as shown below:America is a maritime Nation…

Maritime Administration Issues RFP for NSMV Training Vessels

Oct 11, 2018

Vessel Construction Manager Will Deliver National Security Multi-Mission Vessel. Today, the Maritime Administration (MARAD) released a Request for Proposal (RFP) to solicit for a Vessel Construction Manager (VCM) to deliver a new class of training…

Fredriksen's Flex Raises $300 Mln for LNG Newbuilds

Oct 11, 2018

Flex LNG, controlled by Norwegian-born billionaire John Fredriksen, has raised $300 million in a private placement of shares to help pay for five new vessels costing $918 million, it said on Thursday.Fredriksen's companies typically add high…

Major Hull Section for American Harmony Moved To Launchways

Oct 11, 2018

American Harmony’s lower bow section has moved from Fabrication Building #4 at Chesapeake Shipbuilding to the Assembly Launchways. The second new ship in American Cruise Lines five-ship, modern riverboat series is well on its way to completion…

Logistics News

Baltic Index Reaches Two Month High

Baltic Index Reaches Two Month High

Corn Belt Ports Co-Hosts National Waterways Conference Annual Meeting

Corn Belt Ports Co-Hosts National Waterways Conference Annual Meeting

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

Patimban Global Gateway Terminal Selects Liebherr LHM 550

Patimban Global Gateway Terminal Selects Liebherr LHM 550

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Taiwan troops practice sealing off a key bridge at a strategic chokepoint during wargames
Norway's government will accelerate the development of onshore wind energy, it says
State media reports that Oman has responded to the stranded vessel near Dhofar.