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Alam Maritim Resources’ subsidiary, Alam Maritim, has recently received a letter of award from petronas for the provision of spot charter marine vessels. According to Alam Maritim’s Bursa Malaysia filing, the contract is for a period of two years effective from January 29, 2015 until January 28, 2017. The contract includes an extension option of […]
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Equipment, Project & Tenders
Kongsberg Maritime has appointed RTS as a dealer for their range of hydroacoustic equipment and subsea positioning systems in Norway. The companies have also agreed to jointly invest in a rental pool consisting of Kongsberg’s full range of acoustic positioning systems and accessories. In addition, Kongsberg will provide training for RTS personnel to meet the […]
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The President, Chief Executive and interim Chief Financial Officer and Director of dry bulk shipping company Globus Maritime Limited, Georgios K. Karageorgiou, has resigned from the position for personal reasons effective December 28, 2015, Globus said. Athanasios Feidakis, the company’s current Non Executive Director, was appointed as the President, Chief Executive Officer and Chief Financial […]
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ABS will class two new very large crude carriers ordered by Kyklades Maritime Corporation (KMC).
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Maritime UK establishes Taskforce to increase the number of women in the maritime industry.
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Maritime trading has long been a Dutch stronghold. So what happens when you deepen that bond by engaging international Maritime Hotspots all over the world? This is an interesting thought and the related projects to kick-start the cooperation are taking shape. “The Dutch have a strong international working area”, states Martin Bloem, member of the […]
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Representatives of the British and Hong Kong maritime business sectors have signed an agreement to forge a closer working relationship. Under the Memorandum of Understanding, signed on September 12 during London International Shipping Week, Maritime London and the Hong Kong Maritime & Port Board (HKMPB) will co-operate in a range of areas including promotional activity, […]
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Rickmers Maritime might be forced to wind up its business if its efforts to refinance its bank loans are unsuccessful, the trust said announcing its financial results for 2016. Namely, container shipping woes caused by depressed charter market continue to weigh on Rickmers Maritime’s financial performance. The trust posted a net loss of USD 180.1 million in FY2016, sinking […]
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DEKC Maritime offers concept design, basic design, and detail engineering for new build vessels as well as support during the lifetime of a vessel such as support with modifications, mobilizations and project specific engineering. With specialists in naval architecture, structural design, mechanical engineering and detail engineering we are able to help with every idea or […]
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Concordia Maritime, Sweden, has sold its holding of 1.5 million shares in the US shipping company General Maritime. The sale has generated a cash infusion of US$11.5 million.
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During the five-year deal, Excelerate will have the option to purchase the newbuilding.
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The International Maritime Industries Forum (IMIF) is to be merged with Maritime London.
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In January 2014, Mojo Maritime, the British marine renewable energy specialists, and Hammonia Reederei, a German ship owner based in Hamburg, signed a Memorandum of Understanding to finance and build the “High Flow Installation Vessel” (HF 4). With its ability to operate in currents up to ten knots using dynamic positioning, the special construction vessel […]
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Crude oil shipping company Gener8 Maritime recorded a 91% increase in its quarterly net income to USD 38 million, compared to USD 19.9 million seen in the same quarter a year earlier. The average daily spot TCE rates obtained by the company’s Very Large Crude Carrier (VLCC) fleet, including its vessels that were within Navig8 pools, was USD 44,806 […]
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Mammoet Maritime, with its head office at Schiedam, the Netherlands, recently extended its fleet with the SCHELDE multipurpose pontoon. This seagoing pontoon (length: 85 meters, breadth 22 meters) can be used for RoRo and conventional transport, and to launch large ships. Mammoet recently launched a frigate and a large yacht with the SCHELDE. Limited supply […]
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Rickmers Trust Management Pte. Ltd. (RTM), the Trustee – Manager of Mainboard-listed Rickmers Maritime, announced the financial performance of the Trust for the first quarter ended 31 March 2014. Rickmers Maritime reported a stable set of results in 1Q 2014. Charter revenue decreased slightly by 4% from the US$35.5 million reported for the first quarter […]
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“The maritime sector, which includes shipping, ports and the people that operate them, can and should play a significant role helping member states to create conditions for increased employment, prosperity and stability ashore through promoting trade by sea; enhancing the port and maritime sector as wealth creators both on land; and through developing a sustainable […]
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Shipyard Kooiman, based in Zwijndrecht, recently completed and handed over a new multi-purpose support vessel to HvS Dredging Support of Harlingen. Named Zwerver III, the vessel is a sister ship to Zwerver I, which was built at the facility previously owned by Van Buitendijk, but recently acquired by Kooiman Group as part of their expansion […]
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The global maritime community celebrates today the World Maritime Day.
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Business & Finance, Equipment, Project & Tenders
On 8th of July 2013 the new Fugro owned Survey Vessel “Fugro Helmert” was christened on Fassmer Shipyard in Berne/Germany. Directly after the naming ceremony the vessel was launched. During the coming weeks all remaining works will be finished. On 8th of August 2013, after completion of all final tests and trials, the vessel will […]
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New York-based shipping company Gener8 Maritime increased its net loss to USD 67.5 million in the third quarter of this year from USD 37.4 million posted in the corresponding period a year earlier. Operating loss for the quarter stood at USD 47.7 million, against an operating loss of USD 25.2 million reported in Q3 2016. […]
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Entrust Maritime Co. Ltd. announced that the company received MV MARIA STAR to her fleet. The MV MARIA STAR (ex ARCADIA) has been taken over by Entrust Maritime Co. Ltd. from her owner Putnam Shipping Corporation and her previous manager. Physical delivery of the vessel took place in Phu My Port, Vietnam on August 6th, […]
