With new rules and regulations affecting the platform supply vessel (PSV) market, Wärtsilä is launching a new PSV ship design at this year's Nor-Shipping exhibition being held in Oslo from June 2-5. The new design puts emphasis on increased cost efficiency…
United Arab Shipping Company's first ultra-large container vessel has entered service equipped with a MacGregor high-efficiency cargo handling system, which is designed to maximise payload potential and operational efficiency and reduce environmental…
Prime Minister Nguyen Tan Dung approved a decision to build specialized ships for maritime research and survey purposes only in local shipyards associated with Vietnam Shipbuilding Industry Corporation (SBIC). From now onwards only member companies of the Hanoi-based SBIC…
The first cargo ship delivering Iranian goods docked at the Omani port of Sohar, a few weeks after Tehran and Muscat opened a new shipping route. The vessel, titled Genaveh 12, container with a capacity of 96 TEUs, is the first ship put into operation in the new Iran-Oman shipping line…
United Arab Shipping Company (UASC) has launched a North Europe - US East Coast (NEU1) service as well as an order of 3,500 reefer containers as part of its ongoing expansion phase. The new NEU1 service has been added as part of UASC's…
A boat packed with more than 700 'boat people' seized off Myanmar's coast was stopped on a small island on Saturday, as officials gave mixed signals about its final destination.Myanmar's navy discovered the boat with 727 migrants off the country's southern coast on Friday…
From 14 to 18 June, HAROPA, world top port for wine and spirits, will be an official partner for Vinexpo 2015, a major and inescapable event in the wine and spirit sector.For its first participation in Vinexpo, HAROPA - the alliance of the ports of Paris…
Scorpio Tankers Inc. announced today (i) a new $250 million Securities Buyback Program, (ii) that it has recently taken delivery of an MR product tanker and (iii) that it will not exercise the options to purchase two LR2s currently under…
Norwegian manufacturer of ballast water treatment systems MMC Green Technology reports it has sold more than 70 systems since going commercial with its MMC BWMS two years ago, 40 of which have already been installed on board vessels worldwide…
Shipbuilder VT Halter Marine, Inc. announced construction has started early for the second liquefied natural gas (LNG)-powered ConRo ship, Taíno, for Crowley Holdings, Inc. Taíno’s steel cutting ceremony was held May 27 at VT Halter’s Pascagoula…
ClassNK has announced an improved partnership with the Institute of Marine Engineering, Science and Technology (IMarEST) which is set to see the company benefit from a collaborative program to support the professional development of staff, as well as raising profile within the marine sector…
Imtech Marine Canada has announced that Gerry Neven has been appointed as Vice-President, Industrial and Governmental Affairs.Neven, previously CEO/Managing Director of Imtech’s subsidiary Techsol Marine, will join the Imtech Marine Canada…
The ‘FORAN new modules, new functions and FEM-Link (Hypermesh) Seminar’ was held on April 23rd in Wuhan. SENER is playing a big role in China, where it has been promoting the FORAN System for many years.Through the seminar, important new enhancements in its shipbuilding CAD/CAM System FORAN…
Monaco-based tanker owner and operator Navios Maritime Midstream Partners (NAP) plans to launch syndication of a USD 205 million Term Loan B to finance the purchase of up to two very large crude carriers. Apart from financing the purchase…
Lloyd’s Register (LR) recently signed a significant contract with COSCO Zhoushan Shipyard in China for the classification of seven new 3,600 teu containerships. Owned by Maersk Line, the vessels will be built to Danish Flag and have a length of 200 meters and a breadth of 35…