Monthly Archives: January 2017

To be completed at the Meyer Turku shipyard in late January, Tallink’s new liquefied natural gas (LNG) powered fast ferry M/S Megastar was bunkered with LNG for the first time at the newly opened Skangas Pori LNG terminal on January 4. Her maiden…

On 12 September 2011, Singapore Technologies Engineering Ltd (ST Engineering) announced that the Corrupt Practices Investigation Bureau (CPIB) was investigating certain transactions involving former and current employees of Singapore Technologies Marin...

Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on contracted o...

The Italian ferry company Moby S.p.A has chosen Wärtsilä to carry out the repowering of its passenger ferry MV Moby Zaza. Wärtsilä was chosen as a partner because of its ability to provide the fastest delivery of the complete system and thus minimising the downtime of the vessel.

The Navdec system designed to improve safety of passengers and freight and aimed to support navigators in collision situations was tested on board the ferry m/f Wawel and m/f Mazovia in 2016. This invention will also be installed now on m/f Baltivia sailing from Świnoujście to Ystad.

Norwegian offshore vessel owner DOF has been awarded charter contracts for a platform supply vessel (PSV) and an anchor handling tug supply vessel (AHTS). DOF said on Wednesday that the company won a two-year firm contract plus options with Asco Marine...

AltaGas says it will proceed with construction of Canada’s first West Coast propane export facility. It has federal approval and long-term commercial agreements in hand. The Ridley Export Terminal, located at Prince Rupert, B.C., will be designed…

Australia & New Zealand Banking Corp (ANZ) has agreed to sell its 20 percent stake in Shanghai Rural Commercial Bank (SRCB) for US$1.33bn. China Cosco Shipping Corp and Shanghai Sino-Poland Enterprise Management Development Corp had each agreed to acquire 10 percent of SRCB.

A report forecasts the global container fleet market to grow at a CAGR of 3.19% during the period 2017-2021. The report says key vendors in the market are Maersk, CMA CGM & MSC. To calculate the market size, the report by Research and Markets…