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Drewry: Overcapacity to Ease Gradually after 2013

Drewry: Overcapacity to Ease Gradually after 2013

Drewry’s latest Tanker Forecaster report shows that another tough year is on the horizon for tanker owners as the market continues to struggle under

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Toisa Orders MOCV from Hyundai Heavy (South Korea)

Toisa Orders MOCV from Hyundai Heavy (South Korea)

Toisa Ltd. signed a contract with Hyundai Heavy Industries (HHI) for the construction of a Multipurpose Offshore Construction Vessel

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Norway: DNV, PSE Report on Ship Carbon Capture and Storage

Norway: DNV, PSE Report on Ship Carbon Capture and Storage

Det Norske Veritas (DNV), a leading classification society, and Process Systems Enterprise Ltd. (PSE), a global provider of advanced

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Shipping Leaders Join UN in Boosting Economy and Combating Piracy

Shipping Leaders Join UN in Boosting Economy and Combating Piracy

Mitsui O.S.K. Lines, Ltd. today announced plans to collaborate, along with Shell, BP, Maersk, Stena NYK and “K” Line with the United Nations

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The Philippines: AGHAM Calls on the Government to Build National Shipbuilding Industry

The Philippines: AGHAM Calls on the Government to Build National Shipbuilding Industry

In light of the recent Tubbataha incident, activist scientist group AGHAM or Advocates of Science and Technology for the People

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Two Fairmount Tugs Tow Drilling Rig ‘Noble Max Smith’ to Brazil

Two Fairmount Tugs Tow Drilling Rig ‘Noble Max Smith’ to Brazil

Super tugs Fairmount Sherpa and Fairmount Expedition have towed the drilling rig Noble Max Smith from the Gulf to Brazil. Both tugs hooked-up in Pascagoula Mississippi, USA

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Maersk Line Retrofits Its Vessels to Improve Fuel Consumption

Maersk Line Retrofits Its Vessels to Improve Fuel Consumption

Five Maersk Line vessels are getting a ’nose job’: having their bulbous bows retrofitted to improve fuel consumption.

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Bangladesh: WMS Delivers Two Ships to European Market

Bangladesh: WMS Delivers Two Ships to European Market

The leading shipbuilding company of Bangladesh Western Marine Shipyard Limited have delivered more two ships to the European

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EU to Co-Finance New Container Terminal at Port of Rotterdam

EU to Co-Finance New Container Terminal at Port of Rotterdam

The European Union will co-finance to the tune of €5 million from the TEN-T Programme a project to build a state-of-the-art multimodal

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GasLog Orders Two LNG Carriers from SHI, South Korea

GasLog Orders Two LNG Carriers from SHI, South Korea

GasLog Ltd. today announced that it has ordered two new 174,000 cbm Tri-Fuel Diesel Electric LNG carriers from Samsung Heavy Industries Co., Ltd. in South Korea.

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SMIT Salvage Wins USS Guardian Emergency Response and Recovery Contract

SMIT Salvage Wins USS Guardian Emergency Response and Recovery Contract

SMIT Salvage, Singapore, was awarded on Feb. 1, 2013, a USD 24,8 million delivery order against previously awarded indefinite-delivery/

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ICS Board Discuss Costa Concordia Disaster Report, CO2 MRV and Ship Recycling

ICS Board Discuss Costa Concordia Disaster Report, CO2 MRV and Ship Recycling

The Board of Directors of the International Chamber of Shipping (ICS) – the principal international trade association for shipowners

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Ulstein Bridge Vision Best Business Idea in West Norway (VIDEO)

Ulstein Bridge Vision Best Business Idea in West Norway (VIDEO)

Among a total of 98 ideas, Ulstein Power & Control and their concept ‘Ulstein Bridge Vision®’ was awarded as the best business idea in

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Product Tanker Gascogne Released

Product Tanker Gascogne Released

Sea Tankers reported that its product tanker Gascogne has been released and confirmed that the vessel is now safely travelling under the full direction of its Master.

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China: Sinopacific Delivers First Ulstein Designed PSV to Seatankers

China: Sinopacific Delivers First Ulstein Designed PSV to Seatankers

The first of totally twelve platform supply vessels of ULSTEIN’s PX105 design, ‘Sea Falcon’, was delivered on 5 February 2013 from Zhejiang to Seatankers Group.

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Bibby Secures BP North Sea Vessel Management Contract

Bibby Secures BP North Sea Vessel Management Contract

Bibby Ship Management has won a prestigious contract with BP Exploration Operating Company to fully manage four Regional Support Vessels

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MirTac Bags New Star Contract for Jack-Up Barge’s Newest Barge

MirTac Bags New Star Contract for Jack-Up Barge’s Newest Barge

Jack-Up Barge awarded MirTac a new contract for consultancy and Star IPS implementation at its exciting new build self elevating platform, the JB-118.

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Akdeniz Shipyard Starts Construction of Super Green Cargo Ship (Turkey)

Akdeniz Shipyard Starts Construction of Super Green Cargo Ship (Turkey)

Akdeniz Shipyard has started construction/steel cutting of the new generation 10.500 DWT Super Green Cargo Ship designed by Turkey based Norden Ship Design.

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Nine DSME Built Vessels Selected as Best Ships of 2012

Nine DSME Built Vessels Selected as Best Ships of 2012

Nine Vessels built by DSME were selected as the best ships of 2012. As a result of this year’s achievement, DSME has now had more than nine ships selected for the fifth consecutive year.

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Continuous Monitoring to Enable More Accurate Fuel and Emissions Measurement

Continuous Monitoring to Enable More Accurate Fuel and Emissions Measurement

As fuel costs and emissions’ levels come under more scrutiny, paper logbooks and noon reports are no longer the most effective means of monitoring and

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