V.Group announced Bob Bishop has been appointed chairman of Selandia Ship Management in addition to his current role in business development of the Group. The acquisition of Selandia Ship Management in 2016 provided V.Group a unique opportunity…
Chinese container carrier Cosco Shipping is thirsty for expansion and will raise CNY 12.9billion (USD 2billion) in new capital, according to Reuters report. The money will go to the construction of 20 new vessels. The carrier will use the raised fund to fund the building of six 21…
Bahri Data showcased its Big Data capabilities at the Maritime Innovation and Digitalization Day 2017, organized by Dubai Maritime City Authority (DMCA). Representing Bahri at the event which was recently held in Dubai, Anwar Siddiqui, President of Bahri Data…
Vessel operating costs are expected to rise in both 2017 and 2018, according to Moore Stephens' survey. Repairs & maintenance and spares are the cost categories which are likely to increase most significantly in each of the two years. The…
To increase safety at sea, requirements will be introduced for a personal watercraft certificate and insurance as well as improved possibilities of imposing sanctions after accidents involving personal watercraft, powerboats and similar vessels…
GTT, leading engineering company in containment systems for the shipping and storage in cryogenic conditions of LNG (liquefied natural gas) announces a new order from South Korean shipyard Samsung Heavy Industries (SHI) regarding a Floating Storage and Regasification Unit (FSRU)…
China’s Wison Offshore & Marine has signed a strategic cooperation agreement with GTT, a provider of design and engineering of containment systems for maritime transportation and storage of LNG. Pursuant to the agreement, both parties will conduct a cooperation work on various LNG projects…
The pressure on LNG shipping spot rates will continue for another year on account of strong fleet growth. However, rates should strengthen from 2019 as fleet growth slows and trade remains strong, according to the latest edition of the LNG…
Wallem Ship Management has been appointed to manage Sanasia’s new pure car/truck carrier (PCTC )vessel, currently under construction and to be delivered next year.Wallem said it was first choice for Sanasia thanks to a relationship which goes…
Vessel operating costs are expected to rise in both 2017 and 2018, according to the latest survey by international account and shipping consultant Moore Stephens. Repairs and maintenance and spares are the cost categories which are likely to increase most significantly in each of the two years…
Cavotec shore power systems are helping ports in Canada make substantial reductions in cruise and container ship emissions, with the Montreal Port Authority (MPA) recently reporting that its shore power initiatives are expected to reduce greenhouse gas emissions by some 2…
The world’s biggest specialized vessel to import liquefied natural gas (LNG) is scheduled to be operational in November to contribute to Turkey's energy supply security, Bloomberg reported. The MOL FSRU Challenger, as long as the Eiffel Tower…
Norway-based Havila Shipping ASA has entered into agreements for sale of the AHTS vessels Posh Vibrant and Posh Virtue. The vessels are expected delivered to new owner during first part of November. Following the sale it is expected that…
The latest passenger ferry constructed by Gladding-Hearn Shipbuilding for Massachusetts Bay Transit Authority signals a milestone delivery for marine design firm Incat Crowther. The 27-meter catamaran Champion marks the 500th vessel designed by Incat Crowther…
South Korea’s Hyundai Heavy Industries (HHI) has clinched a deal worth approximately US$400 million to build five very large ore carriers(VLOCs) from Seoul-based shipper Polaris Shipping. 'HHI has signed a $400 Million worth contract to build five 325…
