10000 results found for 'mariner'

10000 results found for 'mariner'
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  • IBIA: Half Percent Marine Fuel Sulfur Cap Likely by 2020

    21 June 2016

    There are signals that the global 0.5 percent sulfur cap for marine fuels could enter into force by 2020, according to the International Bunker Industry Association (IBIA). The International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) is expected to decide on the timing of the global sulfur cap in October this year, based on […]

  • Sainty Marine, Precious Shipping Go to Arbitration over Bulker Cancellation

    13 April 2016
    Business & Finance

    Cash-strapped Chinese shipbuilder Sainty Marine has entered into an arbitration proceedings with Precious Shipping before the arbitration court in London over the cancellation of a 64,000 dwt bulk carrier. The arbitration proceedings should decide upon whether the owner had the right to cancel the contract and whether the shipyard should return the advance payment it had […]

  • Aegean Marine Files for Chapter 11 to Implement Restructuring Transaction with Mercuria

    6 November 2018
    Business & Finance

    Aegean Marine files voluntary petitions for relief under Chapter 11 of the US Bankruptcy Code.

  • DNV GL: LNG as Marine Fuel Has Potential in Iberian Peninsula

    11 July 2017
    Business & Finance

    As the interest towards LNG as a marine fuel increases, one of the main obstacles to the accelerated uptake is the uncertainty regarding future market volumes of LNG, according to a market study by DNV GL. The classification society has addressed this issue in the study on the future LNG market in the Iberian Peninsula, […]

  • Value of Marine Freight Industry to Reach USD 210 Bn by 2021

    13 March 2017

    The global marine freight industry is expected to return to 2014 levels by mid-2019 and reach a value of approximately USD 210 billion by 2021, according to the findings of research firm MarketLine. “The recovery in the industry is expected to be fueled primarily by a return of global demand as oil prices increase, and […]

  • Aegean Marine Fetches New USD 750 Mn Credit Facility

    1 December 2017
    Business & Finance

    Greek marine fuel logistics company Aegean Marine Petroleum Network has reached an agreement for a new credit facility in the amount of USD 750 million for a term of three years. Seven of the nine participating lenders updated their commitments to Aegean at improved terms and increased tenor with two new banks joining the new […]

  • Lukoil, KOTC Ink Marine Lubricants Supply Deal for 24 Ships

    11 June 2019
    Business & Finance

    Lukoil Marine Lubricants will once again supply Kuwait Oil Tanker Company’s full fleet of tanker vessels.

  • Gazprom: Portovaya LNG Plant to Be Used for Bunkering Marine Vessels in Russia

    28 December 2018
    Business & Finance

    Gazprom: the Portovaya LNG plant will be used for bunkering marine vessels in Russia.

  • MAN Cryo Develops Marine Fuel-Gas System for Liquefied Hydrogen

    5 December 2018
    Business & Finance

    MAN Cryo takes a further step towards cleaner shipping.

  • Aegean Marine Unlocks Funds after First Day Motions Approval

    23 November 2018
    Business & Finance

    Aegean Marine unlocked USD 532 million in financing after it received court approval of first day motions.

  • Singapore: Sembcorp Marine Starts Construction of Integrated New Yard Facility

    22 June 2010
    Business & Finance

    Sembcorp Marine marked a major milestone in its growth and expansion strategy today with the ground-breaking of its Integrated New Yard Facility at Tuas View Extension. Representing Singapore’s first integrated yard facility, this landmark development will further reinforce Sembcorp Marine’s competitive edge, enabling the Group to respond effectively to customers’ requirements and future challenges. The […]

  • Worker Dies while Breaking Evergreen Marine Ship at Chittagong Yard

    24 July 2019

    One worker lost his life in an incident at a shipbreaking yard in Chittagong, Bangladesh.

  • Sembcorp Marine Bags USD 1.5 Bn Loan from Parent

    24 June 2019
    Business & Finance

    The loan would be used to retire around SGD 1.5 billion of borrowings, and other purposes.

  • USA: STX Marine Inks PSVs Design Contract with Eastern Shipbuilding

    28 November 2011

    STX Marine (STXM) congratulated Eastern Shipbuilding Group on the award by Hornbeck Offshore Services Inc. for the design and construction of eight STXM designed offshore support vessels. The SV300 and SV310 series vessels are derived from well proven designs recently delivered to the US Gulf Coast and they will have a deadweight of approximately 5500 […]

  • China: GE to Help Develop Next Generation of Marine Propulsion Engineers

    26 April 2013

    GE has signed an agreement with Shanghai Maritime University (SMU). GE helps improve the capabilities of the shipping engineering community in China by providing laboratory facilities and cooperating on research and innovation projects. SMU is a multidisciplinary university that encompasses such areas as engineering, management, economics, law, liberal arts and science, with a special emphasis […]

  • UK: AVEVA Releases New Product within Its Marine Portfolio

    12 December 2011

    AVEVA , a leader in engineering design and information management solutions for the plant, power and marine industries, has announced the release of AVEVA Design Reuse 12.1, a brand new product within the AVEVA Marine portfolio. AVEVA Design Reuse allows the quick and intelligent copying of ship design data to be reused on a similar […]

  • India: Navgathi Marine Reveals New iOS Application ‘XShip Empirical’

    23 December 2013
    Business & Finance

    Navgathi Marine recently announced its new application in iOS platform “XShip Empirical”. This application opens a new performance management solution for the naval architect and design engineers of shipbuilding industry. XShip Empirical will ensure accurate design calculations with increased operational viability and performance. This application provides a complete list of empirical formulas. These are primarily […]

  • Italthai Marine Delivers Second RAmparts Tug to Port Authority of Thailand

    1 March 2013
    Business & Finance

    Tarua 302 has been recently delivered by Italthai Marine Limited of Samut Prakarn Thailand to her owners, the Port Authority of Thailand. This is the second RAmparts 2800 Class tug built for the Port Authority of Thailand to this widely accepted design from Robert Allan Ltd., Naval Architects of Vancouver, B.C., Canada. Working in close […]

  • Otto Marine Enters Sale and Charter Agreements for Two AHTS Vessels

    29 July 2013
    Business & Finance

    Otto Marine Limited, an offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, announced that it  has entered into a sale and leaseback deal with a renowned unrelated third party for 2 units of the large Anchor Handling Tug Supply Vessels for US$85 million each. The […]

  • Imtech Marine Expands Its Global Ku-Band VSAT Network

    24 April 2014
    Business & Finance

    Imtech Marine expanded its Global Ku-band VSAT network with additional coverage above Europe. Next to the Telstar 12 satellite and the Intelsat 21, the Eutelsat 10A is added to the Imtech Marine Global VSAT Network. With this extra beam Imtech Marine offers improved coverage for its customers in Europe. Especially the yachting market, where 24/7 […]

  • Silverstar Marine Secures Project Management Services for Australian LTAC OSV

    11 September 2013
    Business & Finance

    Silverstar Marine announced it has recently secured a contract to provide Project Management Services to Gardline Australia for the construction of one, 40m Long Term Ashmore Capability (LTAC) On Station Vessel (OSV) which is being built for Australian Customs and Border Protection Service. The vessel is being built by Australian shipbuilder Strategic Marine at their […]

  • Gardline Chairman Appointed as Co-Chair of Marine Industry Leadership Council

    14 November 2013
    Business & Finance

    Gregory Darling, group chairman of Gardline has been appointed Industry Co-chair of the Marine Industries Leadership Council. Sharing this role with him is Rt Hon. Michael Fallon MP Minister of State for Business. The appointment is for two years and Gregory is replacing the outgoing Richard Sadler, CEO of Lloyds Register. Upon his appointment, Gregory […]

  • TGE Marine Pens Contract for Conversion of Qatari Q-Max Carrier

    17 January 2014
    Business & Finance

    At the beginning of January TGE Marine has signed the contract with MAN Diesel & Turbo (MDT) for the design and supply of the LNG fuel gas package destined for the conversion of the first Qatari Q-max carrier to run on LNG or HFO. The modification of the low speed 2-stroke main engine will make […]

  • Brunei’s PTAS Marine Receives First Newbuild Infield Utility Vessel

    21 February 2014
    Business & Finance

    Incat Crowther announced the first deliveries of a 10-boat order for 42m Infield Utility Vessels to Brunei’s PTAS Marine. Developed in conjunction with builder Strategic Marine, the project called upon Incat Crowther’s track record in steel crew boats to meet strict performance criteria. PTAS has been contracted by Brunei Shell Petroleum to build and operate […]

  • USA: Neuville Boat Works to Build Two FSVs for SEACOR Marine

    20 February 2014
    Business & Finance

    A market advantage for SEACOR Marine is that they continue to build nimble vessels suited to a wide range of markets. SEACOR has long been noted for innovative vessels, ranging from mono-hulls to catamarans. Meeting the market demand for mid-size fast supply boats, their Fast Support Vessels (FSVs) range from 130 to 200 feet and […]