Monthly Archives: February 2017

Corvus Energy Inc. has announced  that it has been selected as the supplier of the lithium ion based energy storage system (ESS) for a new hybrid chemical tanker being built for Rederiet Stenersen AS of Norway. The chemical tanker will be the…

CMR GROUP, the marine automation and instrumentation specialists, has supplied the French Navy’s latest maritime patrol vessel with advanced marine condition monitoring and sensor equipment. The deal sees a fully integrated instrumentation and…

Pakistan's first dry bulk terminal will open next month and is expected to handle 3 million tonnes a year of coal imports, rising to 20 million tonnes over the next five years, the port's chief executive said on Thursday. The $285 million Port Muhammad Bin Qasim…

Rolls-Royce said it has achieved a milestone for the Italian Navy’s new Landing Helicopter Dock (LHD) multi-purpose amphibious vessel, to be built by Fincantieri one of the world’s largest shipbuilding groups, by successfully completing the…

The 13,092 TEU containership Maersk Elba arrived at Haifa Port's Carmel Terminal, becoming the largest ship ever to dock in Israel. Maersk Elba entered the Carmel Terminal Thursday, and was operated on by four STS cranes with an average productivity of...

Shipbuilding group MV WERFTEN said it has appointed Richard Gruenhagen as Managing Director of Finance and Administration to reinforce the group's Management Board as new CFO effective February 1. Gruenhagen graduated from Indiana University…

A South Korean court said on Thursday it decided to end Hanjin Shipping Co Ltd's court receivership process and expects to declare bankruptcy on February 17 after a two-week period for appeals. The Seoul Central District Court said in a statement…

Floor may have been reached on Western Australia-China rates; dry cargo demand could fall 5.4 pct in first quarter. Freight rates for large capesize dry cargo vessels on key Asian routes are likely to hold around the current levels next week…

On an unprecedented scale, 5.5m DWT of crude oil tanker capacity (up 220% from January 2016), has already been delivered in 2017 (according to preliminary data from VesselsValue.com). January 2017 already accounts for 22% of the crude oil tankers previous year’s total deliveries.

Over 100 years ago, the first Swedish American Line vessel sailed for the USA from Stigbergskajen in Gothenburg. This historic quay is now being resurrected as a cruise reception centre under the name America Cruise Terminal. “Gothenburg has developed considerably as a maritime city…