Boskalis Decides to Withdraw 24 Vessels Dutch dredging and maritime company Boskalis has decided to take 24 vessels out of service in the 2016-2018 period through their scrapping, sale and lay-up… Read More CSL Bulk Carrier Aground in St. Lawrence River Channel The 37,690 dwt bulk carrier Whitefish
Dredging Today brings you an overview of the most popular stories from the past week (July 11-17, 2016). Boskalis Announces Job Cuts and Fleet Reduction Royal Boskalis Westminster N.V. has completed its fleet rationalization study announced earlier this year. The Netherlands to Implement New Flo
Nakilat, the shipping arm of Qatar’s liquefied natural gas (LNG) sector, has reported a net profit of QAR 501 million (USD 137.5 million) for the first half of this year, against QAR 491 million (USD 134.8 million) for the same period a year earlier, representing an increase of 2%. The increase is m
The adoption of a decision that renders legally binding the commitments offered by fourteen container shipping companies, which brings more transparency to the maritime transport of containers price politics, “does not solve” the price fixing problem, according to the European Shippers’ Council (ESC
Mermaid Maritime has been awarded a contract to provide technical support service personnel to a national offshore oil and gas engineering, procurement, installation and commissioning company with large-scale projects internationally. According to the company’s press release on Wednesday, the contra
Dubai-based container shipping firm United Arab Shipping Company (UASC) is considering to sell its USD 600 million-worth chemical tanker segment as part of the merger plans with the German shipping line Hapag-Lloyd AG, Bloomberg cited sources familiar with the matter. The company is reportedly worki
A number of companies have decided to join forces in a new cross-industry initiative called SEALNG, to accelerate the use of liquefied natural gas (LNG) as a marine fuel. Over 90% of global trade moves by sea and this trade is expected to increase substantially over the coming years. In terms of ton
Mackley has successfully completed a project to create a barge dock at the new Al Zour Oil Refinery to the south of Kuwait City. The project, which was subcontracted to Mackley by Van Oord, took six weeks to complete with the assistance of the local workforce. The barge dock provides a heavy loading
Shipping is experiencing some of its toughest conditions since the financial crisis and, despite its many efforts, may well be heading for an appointment with the bankers, according to Clarksons Research. With the spread of challenges facing the industry, Clarskons said that it is unlikely “the ship
N-Sea has announced the opening of a new office in Dubai, with operations due to start as early as August 2016. The new base will support N-Sea’s presence in the region, allowing the company to conduct diving, ROV and survey projects in the civil engineering and offshore markets throughout the UAE,
Downsizing of capacity on the Asia-East Coast South America trade has paid dividends to carriers with much improved freight rates, which would tempt container carriers to replicate the plan elsewhere as they will have most success in trades that are most closely coordinated, according to shipping co
The UK Brexit vote will have far-reaching effects on the container shipping market, despite the country’s relatively minor role in global trades, according to Maritime Strategies International (MSI). An analysis of the impact of the UK Brexit vote on the container shipping sector found that amid the
Subsea IMR provider N-Sea has opened an office in Dubai as part of the company’s continuing global growth strategy. N-Sea said on Monday that its new office would increase the company’s presence in the Middle East with operations due to start in August. The new office will allow the company to condu
Fincantieri, CSSC Tap Into China’s Growing Cruise Industry Italian shipbuilder Fincantieri and China’s shipbuilding conglomerate China State Shipbuilding Corporation (CSSC) have signed an agreement for the constitution of a joint venture… Read More Vale Sells Three Valemaxes for USD 269 Mn Brazilian
