News

Capesize Market Starts Strong in 2021 -BIMCO

BIMCO says the year 2021 has started strongly for the capesize market with 1,427 journeys completed or underway in the first 20 days of the year, a 10.4% increase compared to the same period last year, according to figures from VesselsValue.
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World’s First Tiltable Rotor Sails Installed

Auxiliary wind propulsion systems provide Norsepower said it installed the world’s first tiltable Rotor Sails for SEA-CARGO, a logistics provider in the North Sea market.According the analysis conducted by Norsepower and SEA-CARGO, installation…
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Higher Rates Lift Baltic Index to One-week Peak

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest in a week on Wednesday as vessel rates improved across all segments.The Baltic dry index, tracking rates for capesize, panamax...
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New Kitsap Transit Ferry Completes Sea Trials

A new BMT design 140-ft. catamaran passenger ferry has  reportedly passed its sea trial and is due to enter the Kitsap Transit fleet in the next few weeks. Dubbed Enetai, the boat was built by Nichols Brothers Boat Builders (NBBB) in Seattle…
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Gilmore Names New CEO. Targets Acquisitions

Gilmore, a U.S.-based flow control solutions provider for the oil and gas industry, has appointed David Nemetz as its new Chief Executive Officer (CEO).The company is a subsidiary of Aberdeen-headquartered Proserv and provides flow control products and...
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Herbosch-Kiere Orders Bawat’s Containerized BWMS

Marine construction specialist company Herbosch-Kiere has chosen Bawat’s Mobile containerized ballast water management system (BWMS) for its reception facility to serve its entire fleet of vessels and barges. Herbosch-Kiere tested the world’s first Mob...
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Svitzer Orders New Tug for Port of London

Damen Shipyards Group said it has signed a contract with Svitzer for the delivery of an ASD Tug 3212. The vessel, to be named Svitzer Thames, will operate in the Port of London and will be the fourth Damen ASD Tug 3212 in the company’s U.K.
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