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Vessels News

 

Roxtec Launches Roxtec Services AB

Jul 18, 2016

North West safety seal manufacturer Roxtec has launched a new company called Roxtec Services AB targeting North Sea marine and offshore markets.Roxtec Services AB was developed following sustained demand for equipment inspection on naval ships…

HMAS Darwin Returns from Middle East Deployment

Jul 18, 2016

Family and friends joined Chief of Navy, Vice Admiral Tim Barrett on the wharf at Garden Island, Sydney to welcome HMAS Darwin home from a successful Middle East deployment.During her Operation MANITOU rotation, Darwin and her Ship’s Company seized a large cache of illicit weapons and narcotics…

Bahri Agrees with APICORP Launch $1.5B VLCCs Fund

Jul 17, 2016

National Shipping Company of Saudi Arabia (Bahri) said on Sunday it signed a deal with Arab Petroleum Investments Corp. (APICORP) to launch a $1.5 billion investment fund that could buy up to 15 very large crude carriers (VLCCs).The fund will be seeded with $500 million on three occasions…

Biden Visits Stennis

Jul 17, 2016

Vice President Joe Biden visited the Sailors aboard USS John C. Stennis (CVN 74) July 14, while the ship and John C. Stennis Strike Group (JCSSG) were participating in the Rim of the Pacific maritime exercise.The visit, which occurred just…

Incat Crowther Designs NYC's New Ferries

Jul 15, 2016

Incat Crowther has designed a new fleet of vessels for Hornblower, the selected operator of New York City’s new Citywide Ferry Service.The undertaking announced by New York City Mayor Bill de Blasio will create a network of ferries serving…

Volvo Penta’s IPS System a Boon to Ferries Operators

Jul 14, 2016

A new passenger ferry, Antares, has been launched from the Italian city of Naples and is the first boat of its kind in the region to be installed with Volvo Penta’s ingenious Inboard Performance System (IPS). The installation of IPS 900 showcases…

MAN's ME-GI Engine for LNG-powered Bulker

Jul 13, 2016

Korean shipowner ILSHIN and HMD (Hyundai Mipo Dockyard Co., Ltd.) have signed a shipbuilding contract for a 50,000 dwt bulk carrier.Notably, the vessel will be powered by an MAN B&W 6G50ME-C9.5-GI engine, to be built by HHI-EMD who will also supply the ME-GI and fuel gas supply system…

Steel Cut for Holland America Line’s ms Nieuw Statendam

Jul 13, 2016

Holland America Line celebrated a significant construction milestone today as the first steel was cut for ms Nieuw Statendam, due for delivery in November 2018. The ceremony took place at Fincantieri’s shipyard in Palermo, Sicily, Italy, and…

G E Shipping Buys Product Tanker

Jul 13, 2016

The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a Medium Range Product Tanker of about 48,539 dwt. The 2005 Japanese built vessel is expected to join the Company’s fleet in Q2 FY17. The Company’s current fleet stands at 33 vessels…

Huationg Moves HISYAM 6 on K25 H Modular Trailer

Jul 12, 2016

PRESS RELEASE -- Currently, the HISYAM 6 - a 41 meter long and 8 meter wide operational transport vessel – is being deployed in the Straits of Malacca located between the Malaysian peninsular and the Indonesian island of Sumatra.However, in order to get there…

Genscape, exactEarth Expand Collaboration

Jul 12, 2016

Genscape is expanding its AIS and maritime data services collaboration with exactEarth (TSX: XCT). For more than three years, the two companies have had a collaboration combining their respective industry-leading capabilities in satellite…

Vard Bags Electrical Work for UK Polar Research Ship

Jul 12, 2016

Vard Holdings Limited's subsidiary Vard Electro AS has secured a contract for the delivery of an engineering and electrical installation package for U.K.’s new $290 million polar research vessel under construction for the Natural Environment Research Council (NERC)…

Moody's confirms Teekay's B3 CFR; Changes Outlook to Stable

Jul 12, 2016

Moody's Investors Service confirmed the ratings of Teekay Corporation ('Teekay', or 'Parent'): Corporate Family Rating ('CFR') at B3 and senior unsecured debt rating at Caa1. Concurrently, Moody's upgraded the Speculative Grade Liquidity rating to SGL-3 (adequate)…

Neches River Traffic Restricted due to Sunken Boat

Jul 12, 2016

Vessel traffic on the Neches River is restricted as a result of a shrimp boat that sank Monday morning.At approximately 3 a.m., the Captain Kevin sank in the Neches River, causing oil sheen and one minor injury.The vessel is currently…

DCMA to continue Organizing Anchorage of Maritime Crafts in Dubai

Jul 12, 2016

Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of Dubai’s maritime sector, revealed its continuing efforts in organizing anchorage of maritime crafts across Dubai waters…

Logistics News

Decrepit Port Infrastructure has Vessels Stacked Off Venezuela

Decrepit Port Infrastructure has Vessels Stacked Off Venezuela

Ships Trickle Through Strait of Hormuz

Ships Trickle Through Strait of Hormuz

Houston Ship Channel Trade Tonnage Climbs 16%

Houston Ship Channel Trade Tonnage Climbs 16%

China Ships First Large Cargo of Brazilian Sorghum

China Ships First Large Cargo of Brazilian Sorghum

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Vietnam's foreign ministry says it will constructively address US concerns about transshipment.
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