Vessels News

 

Fairway Dredging Project Remains on Track

Nov 20, 2019

Port of Hamburg is continuing its dredging projects on the Elbe River as per plan. The second hopper dredger named Bonny River has been conducting dredging operations on the federal stretch and taking the spoil to the UWA - underwater dredged material disposal site at Medemrinne…

New System Measures Shock Mitigation

Nov 19, 2019

CDG Coast Dynamics Group, Ltd. introduced KINETIX, a vessel and crew monitoring program for high-speed craft, designed to enable  maritime agencies to optimize their shock mitigation strategies using more complete data, more easily comply with legislation…

Inspection Gaming App for Seafarers

Nov 19, 2019

The latest offering Anglo-Eastern, from the Hong Kong-based ship manager, is an educational gaming app aimed at reducing shipboard deficiencies.Launched during Hong Kong Maritime Week, “Vessel Inspector” is a gaming app that encourages players…

Rhenus-Arkon-Shipinvest Orders 4 Vessels

Nov 18, 2019

German shipping company Rhenus-Arkon-Shipinvest has placed orders for the first four environmentally-friendly vessels known as Hanse Eco Short Sea Coasters.The short sea bulkers are expected to be delivered during the second half of 2021, with…

Team Tankers Sells Two Ships

Nov 15, 2019

Bermuda-based global shipping company Team Tankers International finalized the sale of the last two of its five older medium range (MR) tankers.Team Tankers has managed to free up a funds for new investments after divesting MR tankers, said CEO Hans Feringa…

Wärtsilä, PSA Marine Collaborate on Clean Energy Shipping

Nov 15, 2019

Wärtsilä and Singapore-based PSA Marine have agreed to collaborate in the co-creation of smart technologies for the marine sector. The focus will be on solutions that are human-centric and deployable. The Letter of Intent was signed on November…

Damen Collaborative Project on SAR

Nov 14, 2019

Dutch shipbuilding conglomerate Damen Shipyards Group, in collaboration with the compatriot high tech company Delft Dynamics and Next Ocean, has trialed a new approach to Search and Rescue (SAR) in the North Sea.The collaboration involved qualification…

Product Tanker Freight Rates Rebounds

Nov 12, 2019

Product tanker freight rates softened in the third quarter of 2019 but rebounded strongly at the start of the fourth quarter following an increase in crude tanker rates that began after the attacks on Saudi Arabian oil facilities and accelerated…

USCG Names Cutters After 9/11 Heroes

Nov 11, 2019

The U.S. Coast Guard (USCG) announced that two new Fast Response Cutters (FRCs) will be named in honor of Coast Guard reservists who served in the New York City Police Department and New York City Fire Department and lost their lives responding on 9/11…

MOL Conducts LNG Bunkering at Nagoya Port

Nov 08, 2019

Japanese utility Toho Gas and shipping company Mitsui OSK Lines (MOL) carried out a demonstration test to supply liquified natural gas (LNG)  to the to the tugboat Ishin at the Japanese port of  Nagoya.This marked the first LNG bunkering in the Port of Nagoya…

Namdock wins Angolan Navy Maintenance Contract

Nov 08, 2019

In September 2019, in a milestone agreement, Namdock concluded a contract to maintain and repair the vessels of the Marinha de Guerra Angolana (MGA), the Angolan Navy.According to Namdock’s Commercial and Operations Manager, Willie Esterhuyse…

Concordia Damen Wins Ship of the Year

Nov 07, 2019

Inland shipping vessel Sendo Liner, built by Concordia Damen shipyard in Netherlands, has won the KNVTS Ship of the Year 2019 Maritime Award.The award jury highlighted the vessel’s ‘future-proof’ propulsion configuration (diesel-electric supplemented…

Navios Acquisition Fleet Reaches 41

Nov 07, 2019

Navios Maritime Acquisition Corporation, the provider of transportation of petroleum products (clean and dirty) and bulk liquid chemicals, announced that its fleet consisted of a total of 41 vessels as of November 7, 2019.The owner and operator of tanker vessels said that out of 41 vessels…

Diana Shipping Sells Panamax Bulker

Nov 07, 2019

Diana Shipping announced that it has signed through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party, the 2005-built vessel “Clio”.The global shipping company specializing in the ownership…

Scorpio Completes Aquisition of 19 Tankers

Nov 07, 2019

Scorpio Tankers, the international provider in the transportation for refined petroleum products, announced that it has completed acquisition of the leasehold interests in 19 product tankers.The Monaco-headquarters acquired subsidiaries of Trafigura…

Logistics News

Long Term Rates Edge Up Globally as Red Sea Conflict Continues

Long Term Rates Edge Up Globally as Red Sea Conflict Continues

Turkey Halts All Trade with Israel

Turkey Halts All Trade with Israel

Young Brothers Is First in the US to Use Innovative Mooring System

Young Brothers Is First in the US to Use Innovative Mooring System

Electric Cars Pile Up at European Ports as Chinese Firms Struggle to Find Buyers

Electric Cars Pile Up at European Ports as Chinese Firms Struggle to Find Buyers

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