The International Association of Dredging Contractors (IADC) has released its new ‘Facts About’ publication on Environmental Equipment. ‘Facts About’ is a series of concise, easy-to-read leaflets which give an effective overview of essential facts about specific dredging and maritime construction su
Starting this month Maersk Training will enter into a global training agreement with an international offshore drilling contractor Transocean. The Danish-based Maersk Training will be responsible for administration of all and delivery of certain training for Transocean’s offshore crew for a period o
Container shipping profitability is expected to improve in 2015, despite record vessel deliveries, driven by lower unit costs, according to the latest edition of the Container Forecaster, published by shipping consultancy Drewry. The global fleet is expected to grow 7.2% in 2015, a faster pace than
Prompted by the global trend toward reduction of environmental impact of ocean liners a Norwegian engineer has designed a cargo ship that is powered by wind and gas, dubbed the VindskipTM. The concept highlight introduced by Mr Terje Lade, managing director of the company Lade AS, is that the hull o
Abu Dhabi Terminals (ADT) has signed a AED 300 million (USD 81.7m) financing agreement with Abu Dhabi Commercial Bank (ADCB) for the development of Khalifa Port Container Terminal (KPCT). ADCB‘s facilities will be utilized primarily for capital expenditure, corporate services, and the re-financing o
Specialized shipbuilder Keppel Singmarine, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured two contracts worth a total of about S$65 million ($48.7 million). The first contract was awarded by Seaways International Pte. Ltd. (Seaways) to build a multi-task Anchor Handl
The dry bulk sector is heading for a slowdown in 2015 to a rate of 4-5%, according to the forecast by BIMCO. Accordingly, the Capesize segment is expected to outperform smaller sizes, as demand growth continues a biased trend towards the Capesize segment. In 2014, 70% of the total volume growth came
Israel’s shipping company ZIM has been given an improved reliability ranking by the recent Global Liner Performance Report, published by SeaIntel Maritime Analysis, which analyzes the performance of the Top-20 Carriers. Accordingly, ZIM’s schedule reliability ranking has improved by 7 spots, placing
Huta Marine Works Ltd., one of the largest operators in the Middle East and with the largest fleet in the Kingdom of Saudi Arabia, is about to complete a major port in the kingdom eastern region. Its vessels Huta 1 and Huta 2 are in the final stages of dredging, in order to complete King Abdulaziz P
Update: Burning Norman Atlantic Evacuated, Death Count Rises Italian and Greek rescue crews on Monday completed the air evacuation of 427 people from the Italian-flagged Norman Atlantic, a roro/passenger ferry that caught fire off the coast of Greece in the early hours of Sunday. 10 people died …Rea
VIDEO: Panama Canal Expansion – December 2014 The largest infrastructure project since the waterway’s original construction, the Panama Canal Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks, doubling the waterway’s capacity. Wärtsi
AMT Explorer Sinks with Prysmian’s Cargo Cable barge AMT Explorer sank on Thursday, July 3 around 50 miles southwest of Sardinia while carrying Prysmian’s power cables to the North Sea.…Read more EU States Reject Ban on Filipino Seafarers At the Committee on the Safety of the Sea (COSS) held on 23 A
Float-On and Transport of Costa Concordia Onboard Dockwise Vanguard Following the successful parbuckling of Costa Concordia, and in anticipation of the pending refloat, Dockwise, a wholly-owned subsidiary of Royal Boskalis Westminster N.V., provides some basic information on how the float-on will be
Official Start of the New Suez Canal Project Head of the Suez Canal Authority (SCA) Mohab Mamish and United Arab Emirates Minister of State Sultan Ahmed al-Gaber earlier this week gave the green light for the start of dredging works on the new Suez Canal project. Southampton Port Ready for Giants
