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Monthly Archives: November 2016

Tuco to Deliver Net Cleaning Boats for Fish Farming

Following vessel deliveries to the offshore business and governmental organizations in Norway, Tuco Marine will now also deliver to the Norwegian Aquaculture industry. Two ProZero 15m boats have been sold as high pressure cleaning boats to Norwegian AK...
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Four Passenger Cargo Vessels Ordered in India

KNUD E. HANSEN (KEH) and Smart Engineering & Design Solutions (India) (SEDS) have recently teamed up to deliver two new vessel designs, each with two vessels to be built, for the Andaman & Nicobar Administration of India. The larger of the two…
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US, Danish Maritime Academies Partner

Student exchanges, faculty collaborations and programmatic partnerships are now possible between the United States’ SUNY Maritime College and Svendborg International Maritime Academy in Denmark. The two institutions earlier this month signed…
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Hanjin Commences Layoffs

Hanjin Shipping Co. has notified 560 shipping crew that their service with the company ends on Dec. 10, reports the Pulse. The rest of 2,000 on the company payroll are expected to get dismissal notice within next month. The troubled shipping…
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Low Oil Price to Stimulate Tanker Market: NAT

The development of the world economy affects the tanker industry. A low oil price is stimulating the world economy which is positive for the tanker market, says a report by Nordic American Tankers. The drybulk and container sectors are weak.
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Nordic American Tankers Expands Fleet to 33 Vessels

Armed with $120m from the placement, Nordic American Tankers  (NAT) has contracted to increase its fleet from 30 to 33 vessels, enhancing its potential for both higher earnings and dividends. The Company will have a fleet of 30 trading vessels in early 2017.
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Indian Transportation Sector Surges Ahead

The Shipping and Road Transport sectors in India have together spent a total of about Rs 4 lakh crores ($60billion) in the past two and a half years as they work towards building world class highways and shipping infrastructure in the country, says the...
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Mars show home goes on display in London

LONDON (Reuters) - A show home with features to help its residents survive life on Mars went on display in London on Thursday, offering visitors a glimpse of what setting up house on the red planet could look like if it ever happens.
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