Shipbuilding
EU Bankrolls First European LNG-Powered Hopper Barge
The EU’s TEN-T Programme will co-finance with over €1.5 million the construction of the first in Europe hopper barge powered by liquefied natural gas (LNG). The LNG fuel could help reduce air pollution caused by barge transport services. Hopper barges carrying sand dredged from ports are most often
Image of the Day: Ocean Scout Wetting Her Beak
The image was shared by Norway’s Atlantic Offshore, showing their Platform Supply Vessel (PSV) Ocean Scout being undocked at from GMC this summer. Built by Simek, the Ocean Scout was delivered to Atlantic Offshore in May 2013. World Maritime News Staff; Image: Atlantic Offshore
Readers’ Picks of the Week (17th -21st of Nov)
Cargo Ship Sinks off Ecuador A 1,200 dwt general cargo vessel San Cristobal sank around 25 nautical miles off Santa Elena Peninsula, Ecuador, in the morning hours of November 16, the Ecuadorian Navy reports.…Read more World’s First FLNG Undocked in Nantong Caribbean FLNG facility has been undocked f
IMO Adopts Polar Code
The International Maritime Organization (IMO) has adopted the International Code for Ships Operating in Polar Waters (Polar Code), and related amendments to the International Convention for the Safety of Life at Sea (SOLAS) to make it mandatory. The Polar Code and SOLAS amendments were adopted durin
ITF Questions PMA’s Commitment to West Coast Talks
The talks between the International Longshore and Warehouse Union (ILWU) and Pacific Maritime Association (PMA) are too important for dirty tricks and childish one-upmanship, Paddy Crumlin, President of International Transport Workers’ Federation (ITF) said reacting to PMA’s press attacks against IL
Russian IEA to Order Up to 30 Ships
Russian Industrial and Ecological Alliance CJSC is looking to order up to 30 ships, according to the company’s CEO Arnold Ivanov, quoted by ABC.AZ business information portal. The Russian company’s orderbook includes ships of river-and-sea tankers of 8,000 dwt and bulkers of 7,000 dwt. According to
Fincantieri Teams Up with Carnival and CSSC
Italian shipbuilder Fincantieri has signed two memorandums of understanding (MoU), one with cruise liner giant Carnival Corporation and the other with China CSSC Holdings Limited, a unit of China’s shipbuilding conglomerate China State Shipbuilding Corporation (CSSC). The agreements are aimed at exp
Two More Icebreakers for Havyard
Havyard Ship Technology AS has signed a contract with an undisclosed international shipping company for the design and building of two more Havyard 843 Ice offshore icebreakers, the Norwegian designer said. The first order for the design was signed in November 2013, when Havyard Ship Technology inke
Oldendorff Stretches Financing for Two Ultramax Newbuildings
German shipowner and operator Oldendorff Carriers has secured a 12-year financing extension for its two 60,500 dwt Ultramax newbuildings. The Japan Bank for International Cooperation (JBIC) and Deutsche Bank have agreed to extend the financing, while Nippon Export and Investment Insurance (NEXI) are
UNCTAD: Global Seaborne Trade Marks Modest Growth
Reflecting stumbling growth in the world economy, world seaborne shipments grew by an average of just 3.8 per cent in 2013, taking total volumes to nearly 9.6 billion tons, UNCTAD’s Review of Maritime Transport 2014 reports. Much of the expansion in seaborne trade was driven by growth in dry cargo f
Interview: Recruiting for Maritime Industry
The global maritime industry is undergoing a very challenging period with industry stakeholders opting for automation of their business operations as much as possible. As the industry pushes further for technological advancement, for many branches it has been very difficult to employ people, especia
Quality Standards Paramount
Quality is the paramount and must be maintained by continuous enhancement of shipbuilding standards, classification survey standards and ship operating procedures, it was concluded during the annual Tripartite meeting between shipowners, shipbuilders and classification societies in Shanghai. The mee
ICAP, Howe Robinson in Merger Talks
ICAP plc revealed that it is in discussions to combine its shipbroking arm ICAP Shipping with London-based counterpart Howe Robinson Group Pte Ltd. The newly formed ship-broking company is expected to be operational in the second quarter of 2015, ICAP said. As explained, the combined entity will be
Petrobras Hires Damen-Designed Oil Spill Response Vessels
Compagnie Maritime Monégasque SAM has secured contracts with Petrobras Brazil to charter five new-build Fast Oil Spill Response Vessels featuring Damen axe-bow design. The new fuel-efficient Sea Axe design by Damen Shipyards Group, as described by the designer, allows the vessel to reach offshore oi