APM Terminals has reached an agreement with Perez y Cia to acquire their majority stake in the Barcelona-based Grup Maritim TCB and its maritime services’ container terminal portfolio in Europe and Latin America. Grup Maritim TCB has 11 container terminals with an annual throughput capacity of 4…
Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, today reported that the previously announced sale of the 2001-built Panamax container vessel “Cap Domingo” will not proceed. As announced on July 28…
Japanese shipbuilding and maritime transport company Tsuneishi Holdings will invest up to $40 million to open ship repair services in Indonesia amid increasing efforts by the government to boost the archipelago's maritime industry, reports Jakarta Globe…
French oilfield services provider Technip SA said it has been awarded an engineering, procurement, installation and commissioning contract by PETRONAS Carigali Sdn Bhd or PCSB for D18 Project. The project covers the procurement and installation…
Thrustmaster of Texas, a designer and manufacturer of marine thruster systems, has appointed Bart Vonk as Sales Manager of Thrustmaster Middle East FZE, based out of Dubai. Vonk's background is in technical solution sales, having worked as a sales engineer…
Many pieces of rotating equipment are operating below optimum capacity, affecting production costs, revenues and resulting in unexpected down time. DNV GL has been working together with operators to help unlock the potential of their existing rotating equipment…
The Swedish government has proposed a Swedish tonnage tax system. The aim is for Swedish shipping companies to compete under equal conditions with companies in other countries in Europe.At Donsö Shipping Meet 2015, the Minister for Infrastructure…
The Global Marine Technology Trends 2030 report released today indicates that: * Momentum and capability for a significant evolution in ship design and operation is now building – the report presents design scenarios for commercial ships…
Leading classification society Bureau Veritas has opened a Verification Academy which will help it to meet increasing demand for verification in the EU and globally and to cement its leadership in verification.The Aberdeen-based academy…
Circular issued by Suez Canal Authority concerning ships' documents and drawings which are required to be ready onboard before transiting the canal for first transit or each transit to avoid any fine and/or delay. Those concerned are requested to take note and be guided by the instructions…
There being a new Recreational Craft Directive is now common knowledge in the industry, because of which and due to brisk demand, IMCI organized several seminars to bring the boat building community up to speed with the new requirements. The first was at IMCI Headquarters in Belgium and then…
A new factory trawler fishing vessel being built for Norwegian marine trawling operator Halstensen Granit AS is to feature a complete Wärtsilä propulsion solution. The vessel is under construction at the Tersan yard in Turkey and the Wärtsilä equipment is scheduled for delivery in mid-2016…
In the first six months of the accounting year 2015 the Swedish Club made a deficit of USD 6.3 million. The result was affected by lower returns from both the technical- and non-technical accounts. Underwriting performance registered…
In July, Jotun and Dalian Ocean Shipping Company (a wholly-owned subsidiary of China Ocean Shipping Company, Cosco Group), celebrated the 10,000th application of SeaQuantum, Jotun’s premium antifouling, to their 297,336-dwt tanker, Cosrich Lake…
Eleven container vessels owned by Bernhard Schulte GmbH & Co. KG, based in Germany, are to be retrofitted with Wärtsilä Aquarius Ballast Water Management Systems (BWMS). This is one of the largest single retrofit contracts thus far issued for BWMS solutions…
