EXMAR NV today gave its trading update for the 3Q 2011, numbers which show broad improvement in shipping rates and prospects. The operating result (EBIT) of the LPG fleet in the third quarter was $2.3 million (compared to $1.8 million for the third quarter of 2010)…
The vast majority of respondents believe that e-business brings positive benefits, while education and trust are probably the greatest hurdles to adoption.ShipServ, the leading marine and offshore e-marketplace, has released the findings of its 2011 Internet Use in Shipping Survey…
BMT ARGOSS and International Paint have announced the formation of a partnership that can deliver demonstrable and transparent improvements in performance, efficiency and environmental emissions for the global shipping fleet. By deploying…
In response to still pressing piracy threat off the coast of Somaila, Transas has developed an Anti-Piracy solution that will support maritime schools in performing relevant training. The Transas Anti-Piracy package consists of a mothership…
Kongsberg Maritime will supply a large suite of Maritime Simulators to Barombong Merchant Marine College (BP2IP) in Indonesia. As part of the contract, Kongsberg Maritime will provide its world-class Polaris and Neptune Simulators for navigation and engine room training to the school’s new facility…
Ocean Power Technologies, Inc. (Nasdaq: OPTT) launched of a new technology initiative to enhance the efficiency of its patented PowerBuoy wave energy systems under its existing “WavePort” project. OPT will be working with a consortium of European…
Major new project increases safety and reduces risk of flow line installation.Kongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has signed an agreement to supply a flexible risers and umbilicals…
Hong Kong based SpecTec Asia Pacific East Ltd has entered into an agreement to supply SpecTec AMOS software and related services to Kuang Ming Shipping Corp. head office and its 14 bulk cargo ships. Kuang Ming Shipping Corp. was established in May 1990 in Taiwan…
In August the RAmparts 2500W tug Norvegia was delivered by Astilleros Armon of Navia, Spain to owners, Rimorchiatori Riuniti in Genoa, Italy. Shortly afterward in early September, the second vessel of Rimorchiatori Riuniti's two boat order, the Spagna…
The EcoCalc is one of the few emissions calculators in liner shipping to cover not only the ocean leg, but also the emissions of the other modes of transport for the pre-carriage and on-carriage. With the launch of the new EcoCalc, Hapag-Lloyd…
W R Systems, Ltd (WRSystems) has been asked to supply its EmsysTM laser‐based Emissions Monitoring System (EMS) for the purpose of emission verification for an ongoing fuel trials on‐board the AP Moller‐Maersk vessel Maersk Kalmar.WRSystems…
Advanced design holds sonar beam steady even in rough seas adding effective distance and increasing search coverage.. WESMAR, long the leading U.S. sonar manufacturer has never lost sight of the need for electronic soundbeam stabilization…
Stratos Introduces StratosMAX II Nomadic, a New Broadband Service for the Energy Community in the Gulf of Mexico. New service offers voice and high-speed data in Vessel and Transportable versions.Bethesda, Maryland (October 20, 2011) – Stratos Global…
Development and verification testing is now completed for the first version of the BIMCO EEDI Calculator which is now ready for download from the BIMCO web site. BIMCO has developed the easy-to-use EEDI Calculator to assist its members calculating…
According a new forecast by MEC intelligence nearly 10,000 vessels could be adopting LNG propulsion by 2020 triggering a huge growth in the market. Companies in all aspects of the maritime value chain– oil majors, terminals, ports, bunker suppliers…
