The Baltic Exchange's main sea freight index reversed course to inch up on Friday after 21 straight session of declines, helped by higher earnings for capesize vessels.* The Baltic index, which tracks rates for capesize, panamax and supramax vessels th...
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Boskalis: One Dead, Five Sick on FPSO
Dutch dredging and offshore contractor Royal Boskalis Westminster N.V. has confirmed that one contract worker is dead and five were seriously injured after consuming a ‘toxic’ cleaning liquid on board a floating production, storage and offloading…
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Kalmar Signs Pact with Patrick Terminals
Kalmar, the provider of cargo-handling solutions and services to ports and terminals, has concluded a comprehensive software maintenance and support agreement with Australian terminal operator Patrick Terminals.The agreement, which covers the…
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SGRE Completes Senvion Purchase
The renewable energy major Siemens Gamesa Renewable Energy (SGRE) has finalized the acquisition of Senvion's European onshore service assets and intellectual property (IP).The German-Spanish manufacturer said in a press release that it has a “robust in...
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Yamal LNG Gets New LNG Vessel
Japanese shipping giant Mitsui O.S.K. Lines (MOL) has held a naming ceremony for an LNG carrier, jointly ordered by MOL and China COSCO Shipping.The naming ceremony for the LNG Merak carrier was held on Wednesday, January 8, at Hudong-Zhonghua Shipbuil...
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Hamburg Port Orders 2 Fireboats
The Hamburg Port Authority (HPA) has ordered two more fire-fighting vessels following the delivery of modern fireboat, the "Branddirektor Westphal".As with the previous order, both vessels will be fitted with Schottel thrusters – in this case…
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HMS Prince of Wales Completes Sea Trial
HMS Prince of Wales, the second of the U.K.’s Queen Elizabeth Class aircraft carriers, has recently completed a successful sea trial in Scottish waters.The ships are the largest ever built for the Royal Navy and the carriers are powered by GE’s energy-...
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NMM Acquires Five Containerships
Greek owner and operator of dry cargo vessels Navios Maritime Partners has taken delivery of five containerships upon the liquidation of Navios Europe.The five vessels comprise three Sub-Panamaxes and two Panamaxes, has been acquired for about USD 52 m...
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Diana Shipping Fixes Ismene with Phaethon
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Phaethon International Company AG, for one of its Panamax dry bulk vessels, the m/v Ismene.According to a press note…
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Seacor Borrows $200M for SEA-Vista
Florida-based marine services company Seacor Holdings said that its indirect wholly-owned tanker subsidiary SEA-Vista entered into an amended and restated $200 million credit agreement, which refinanced its existing credit facilities, with a…
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