Odfjell SE said it has signed a letter of intent (LOI) for two additional chemical tankers to be built by Hudong-Zhonghua Shipbuilding Co., Ltd. in China. The capital commitments will be about $116 million. The vessels will be 38,000 dwt with…
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Potential Maritime Disaster Averted
Collaboration between the Ports of East London and Ngqura, together with the South African Maritime Safety Authority (SAMSA), helped avert another potential maritime disaster in the Eastern Cape during the past week. Transnet National Ports Authority (TNPA) towed the BBC Shanghai…
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Four New Expedition Cruise Vessels Ordered
SunStone Ships, Inc. and China Merchants Industry Holdings Co., Ltd. (CMIH) have signed a framework agreement for the construction of four expedition vessels with options for an additional six vessels. The new vessels will be part of the SunStone Fleet...
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Damen OPV Roadshow Tours Australia
Damen Shipyard Group’s Australian team has delivered two more industry briefings to potential suppliers from Australian industry ahead of its bid submission for the design and build of 12 offshore patrol vessels (OPV). Following February’s events held in Adelaide and Perth…
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Rolls-Royce, Stena Line Partner on Ship Intelligence
Rolls-Royce said it has signed a deal with Swedish ferry company Stena Line AB to collaborate in the development of its first intelligent awareness system. Intelligent awareness systems will make vessels safer, easier and more efficient to operate…
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Hapag-Lloyd, Inmarsat Ink Fleet Xpress Deal
Global mobile satellite communications services provider Inmarsat has signed a five-year contract with Hapag-Lloyd to migrate all ships directly managed by the shipping line to services enabled for Fleet Xpress. Hapag-Lloyd, the sixth largest…
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New Nautican Facility Readies First Shipment
The new Nautican Research and Development manufacturing and integration facility in Summerside, Prince Edward Island, opened in December 2016 with the support of Babcock Canada and the provincial government. The first shipment, a set of rudders…
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OP/Ed: Obama’s Arctic Decision Undercut His Own Legacy
On December 20, 2016, in an 11th hour unilateral action designed to cement his environmental legacy, President Obama withdrew 3.8 million acres in the north and mid-Atlantic Ocean and 115 million acres in the U.S. Arctic Ocean (including the…
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Already Strong on the US West Coast, Scania Looks East
Go east, young man, go east: Scania’s market reach grows with a key workboat contract. The reasons why are easy enough to see. When Scania announced its recent deal with Potomac Riverboat Company, part of the Entertainment Cruises family, to deliver eight…
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Newer type 2 diabetes drugs show heart protective quality in study
WASHINGTON (Reuters) - A newer class of type 2 diabetes drugs significantly cut the risk of death and hospitalization for heart failure compared with other medicines for the disease, according to data released on Sunday from a so-called real world stud...
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