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Monthly Archives: July 2017

Simrad, Patti Marine Partner on Vessel Bridge Suite

Simrad Commercial, in partnership with Patti Marine Enterprises, has announced the latest vessel commissioned for the Truex clamming fleet is outfitted with a complete suite of Simrad Commercial marine electronics. Seawatcher II, a 152-foot clamming vessel…
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ABS, Industry Partners to Advance Autonomous Shipping

ABS joined the Unmanned Cargo Ship Development Alliance to work with industry partners, including class organizations, shipyards, equipment manufacturers and designers to advance autonomous shipping. The design will integrate features of independent decision-making…
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Baydelta Chooses Rapp Marine Electric Tow Winch

For several decades, Rapp Marine has designed and delivered towing winches for workboat market. Combining the best ideas from Rapp’s past work in the other commercial industries and recommendations from the tugboat operators, Rapp Marine has developed long lasting and dependable towing winches.
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Baltic Index Falls as Capesize Rates Sag

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday as rates for larger vessels dropped. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels…
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Shanghai to Spend $740 million on Cruise Ship Park

A Shanghai district government plans to spend about 5 billion yuan ($739.97 million) to develop a cruise ship industrial park to house foreign firms that it hopes will help build China's first luxury passenger vessels, a local official said.
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France to Nationalize STX if Italy Deal Fails

French govt has made 50/50 ownership offer to Italy; Minister says offer on the table until Thursday. The French state said on Wednesday it would nationalise the STX France shipyard if Italy does not accept its offer to split STX's capital equally…
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Is China Shipbuilding Sinking into Tough Waves?

The world’s largest shipbuilding nation China is facing some tough years ahead as new-vessel orders weaken and order backlogs decline, Caixin reported quoting China Association of the National Shipbuilding Industry (CANSI). According to the industry association…
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DP World Reports Q2 10.7% Gross Volume Growth

DP World Limited handled 34.0 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first half of 2017, with gross container volumes growing by 8.2% year-on-year on a reported basis and 7.7% on a like- for-like basis…
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