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May 23, 2018

Konecranes Gottwald Floating Cranes to be delivered to Guinea

Konecranes has won another order for two Konecranes Gottwald Floating Cranes. The order was placed by Winning Logistics Company Limited in the first quarter of 2018. With these new cranes, Winning has ordered eight such cranes in a short time.

Inmarsat receives IMO approval to deliver most significant advance in maritime safety in a generation

The International Maritime Organizations (IMO) Maritime Safety Committee (MSC) has formally approved Inmarsats Fleet Safety solution as a new service to support the Global Maritime Distress & Safety System (GMDSS).

May 22, 2018

Jotun Australia is formally open for Yacht business with complete yacht coating solutions

22 May 2018, Jotun Australia is very pleased announcing the introduction of yachting products to the Australian Yacht and Superyacht industry. With reputation for quality, technical support and service, customers are now offered complete yacht coatings solutions.

Wärtsilä LNGPac passes 100th order milestone

The technology group Wärtsiläs Fuel Gas Supply Systems have passed a significant milestone with the 100th order being booked. Two new shuttle tankers being built for Singapore based AET Tankers will feature Wärtsilä 34DF dual-fuel auxiliary engines running primarily on LNG fuel, and fitted with LNGPac units. This contract brought the total number of orders received for this innovative system to 100.
First introduced in 2009, the Wärtsilä LNGPac has played an important role in establishing the viability of LNG as a marine fuel. The system comprises a bunkering station, the LNG fuel tank and related process equipment, as well as the control and monitoring system. The LNGPac fuel system can be offered as a standalone product, or as part of a complete propulsion system.

Ocean Safety ready to advise on new MSN Notice for Fishing Vessel equipment

Specialist safety equipment supplier and consultants Ocean Safety Ltd are preparing the fishing community for significant changes being introduced following findings by the Marine Accident and Investigation Bureau (MAIB) from a number of recent accidents at sea.

Rolls-Royce MT30 marine gas turbine selected to power Japans new frigate

Rolls-Royce has been selected to supply its MT30 gas turbine to power a new class of frigates for the Japan Maritime Self Defence Force (JMSDF).

The selection means Japan is the fifth nation to select the MT30 for a major naval ship building programme.

May 21, 2018

KR releases faster upgraded SeaTrust-HullScan

IACS member, Korean Register (KR) has significantly updated its SeaTrust-HullScan software to offer much faster operating speeds and many more functions.

SeaTrust-HullScan V2 is a specific software package developed for the structural strength analysis of bulk carriers, double hull oil tankers, containers ships based on KR's Rules and the Harmonized CSR.

ABB Ability Collaborative Operations Centers set a new standard for 24/7 remote vessel support

Digitally driven services through ABB Ability Collaborative Operations Centers bring decisive shift towards remote vessel management techniques.
Twelve months after Miramar, Florida, became the third of ABBs Level 1 Collaborative Operations Centers to open its doors, 24/7 remote support for ships anywhere in the world is already the new normal for close to 1,000 vessels.

May 18, 2018

Rolls-Royce and Finferries sign cooperation agreement to optimise ship safety and efficiency

Rolls-Royce and Finnish shipowner Finferries have signed a collaboration agreement to jointly develop strategies and solutions to optimise the safety and efficiency of marine operations through developing the technology for decision supporting systems and to demonstrate remote and autonomous ferry operations.

May 14, 2018

Preparations for conversion to create Europes first LNG dredger get underway at Damen Shiprepair Dunkerque

Work has begun at Damen Shiprepair Dunkerque on the conversion of the trailing suction hopper dredger (TSHD) Samuel de Champlain from diesel-electric propulsion to dual-fuel capability combining MGO and LNG. A ceremony was held at the yard to mark the first cutting of steel for the prefabrication of a new section of hull that will hold the new generators and other equipment.

Rolls-Royce and AXA to jointly develop risk management products for autonomous shipping

Rolls-Royce and AXA Corporate Solutions have signed a Letter of Intent (LOI) to explore ways in which they can combine their respective products, to bring a new offering to the marine market, utilising Rolls-Royce Ship Intelligence systems and equipment and AXAs risk analytics capabilities to support current sailing and future vessels.

May 11, 2018

Freight Report Week 18

Region: Russian River, Azov / Black Sea, Caspian
Trade: Coaster shipments
Prolonged May weekend during 18-19th weeks, devaluation of the lira, Turkish trade attaché leave of absence and the price rise in the domestic grain market led to the fact that freight rate in the Azov region, as expected at 17 week, continued to decline. Workable rates maintain 18 USD per ton basis voyage ex Rostov to Marmara with wheat. This is 1 USD less than level of the last week.
Due to the continuous currency fluctuations of the Turkish lira, last week lira / USD ratio achieved a year-low - 4,288 per 1 USD, Traders notice decline of import ability of Turkish buyers who carry on executing contracts but avoid new deals until the currency stabilizes.

May 09, 2018

Keel-laying ceremony for second Bibby Wavemaster takes place at Damen Shipyards Galati

In a ceremony held last Friday, the keel-laying ceremony for Bibby Marine Services second Damen SOV (Service Operations Vessel) 9020 WaveMaster vessel took place at Damen Shipyards Galati, in Romania. This event takes place less than a year after Bibby Marine Services took delivery of its sister-ship Bibby Wavemaster 1. The new vessel is due for delivery in August 2019 and has been contracted by Siemens Gamesa Renewable Energy and EnBW for maintenance operations on two windfarms in German waters; Hohe See and Albatros, both owned by EnBW and Enbridge. The final name will be announced after a competition within Siemens Gamesa and EnBW, however it will continue to be part of the Bibby WaveMaster series.

May 08, 2018

Damen delivers first new Beam Trawler in 12 years with Optima nozzles by Damen Marine Components

Damen has delivered the first new beam trawler to take to the North Sea in twelve years. Over the last ten months, Damen Maaskant Shipyards Stellendam (Maaskant) has outfitted the 41-metre hull from stock. The vessel, designated UK 46, is for Hakvoort Brothers, based in Urk, the Netherlands. A key feature of the vessel is the installation of twin Optima nozzles manufactured by Damen Marine Components (DMC). This is the first time that Maaskant has installed these in a fishing boat.

May 07, 2018

Wärtsiläs acquisition of Transas is completed

The technology group Wärtsilä announces that its acquisition of Transas, a global company headquartered in the U.K., has now been finalised. Control of the company will be transferred to Wärtsilä effective from 4 May, 2018. The acquisition, which was announced in March 2018, has a transaction value of MEUR 210 (enterprise value).

Industry news
May 10, 2018

Rolls-Royce and Siem Offshore formalise long-term cooperation with five year deck machinery maintenance agreement

Rolls-Royce has signed a long-term service agreement with offshore vessel owner Siem Offshore for the maintenance of its deck machinery installations aboard 12 state-of-the art anchor handling vessels.

May 09, 2018

Volga Shipping Company congratulates veterans of war on the Victory Day

On the eve of the Victory Day, veterans of the Great Patriotic War, former employees of Volga Shipping Company (part of UCL Holding), take congratulations from the company management.

For the first time, the event is arranged in the form of individual meeting since the health of VSC ex-employees does not let them take part in the ceremony held at the companys headquarters.

April 29, 2018

Volga Shipping Company improves transport safety of its fleet

As part of transport safety policy of Volga Shipping Company (part of UCL Holding), 34 motor ships of VSC have been equipped with security cameras. New equipment has been installed to prevent unlawful interference or it arranging.

April 18, 2018

JUMBO NAMES NEW OFFSHORE VESSEL STELLA SYNERGY

This week Jumbo announced the winner of the competition to name our new DP2 Heavy Lift Crane Vessel (HLCV) to be delivered in the first quarter of 2020. Last month we launched an internal naming competition so that all Jumbo employees from around the world could submit up to three vessel name entries.

March 23, 2018

MMK strengthens its positions in the coated steel market

Magnitogorsk Iron and Steel Works (MMK) operated its coated steel facilities at maximum capacity utilisation in 2017. As a result, MMK once again confirmed its status as the leading producer of this product in Russia.

Volga Shipping Company takes lead in the industr

Volga Shipping Company (a company of UCL Holding) has been announced the winner of the competition held by the Federal Marine and River Transport Agency (Rosmorrechflot) and named the Industry Leader in the Cargo Shipping Company nomination.

February 26, 2018

DP World slams Djibouti Port seizure, commences arbitration proceedings

DP World has strongly responded as it accused the Government of Djibouti of illegally seizing control of the Doraleh Container Terminal from its operating unit there.

February 23, 2018

Dry Bulk Market Looks Up: J. Lauritzen

Both the dry bulk market and the market for small gas carriers are anticipated to benefit from the expected rise in economic activity in 2018, more so as supply growth will be rather limited in both segments, says J. Lauritzen, the Danish shipping company with worldwide operations.

February 22, 2018

U.S. Oil Boom Tempts Saudis to Consider Exporting American Crude

The kingdoms state oil firm considered the possibility of sending American crude to Asia in February via a U.S. unit before determining it wasnt economically viable, according to a person with knowledge of the matter. It also asked potential buyers in Asia if they would be interested in U.S. supply, according to officials at two regional refiners. The people asked not to be identified because the information is confidential.

February 16, 2018

Jan De Nul Group will install 32 Wind Turbine Generators (WTG) at the 1bn Trianel Borkum II offshore wind farm

The project has been awarded by wind turbine maker Senvion GmbH and will feature Senvion 6.3M152 wind turbines, each with a capacity of 6.33MW. Jan De Nul said it will also undertake offshore mechanical completion works as part of the project.

February 13, 2018

Union of Greek Shipowners upbeat on 2018

Union of Greek Shipowners leader, Theodore Veniamis is confident, 2018 looks like being a year in which all shipping sectors will be able to return to growth and profitability.

February 06, 2018

'No turning back!' on 0.5% sulphur cap states IMO sec-gen

IMO secretary-general Ki-Tack Lim underscored the organisations commitment to enforcing the 0.5% sulphur cap on marine fuel from 2020, and in a warning for those hoping for a reprieve said There is no turning back!

February 03, 2018

Could Wartsila buy Rolls-Royce's marine business?

With Rolls-Royces marine business potentially on the block the question came up this week as to whether Finnish Wartsila rival could be the buyer.

February 02, 2018

World's first electric container barges to sail from European ports this summer

The worlds first fully electric, emission-free and potentially crewless container barges are to operate from the ports of Antwerp, Amsterdam, and Rotterdam from this summer.

January 15, 2018

Gulf Navigation to raise capital through IPO

Dubai-based Gulf Navigation Holding is to increase the companys capital by over AED 448 million (US$121.9 million), taking the groups total share capital to AED 1 billion (US$ 272.6 million). This will be achieved through an Initial Public Offering (IPO) that will be launched in the first quarter of this year, to enable Gulf Navigations expansion plans to progress.

Coming Events
June, 2018

6th International Maritime Business Forum & Exhibition SIMBF

June 6-7, 2018 Sevastopol, Russia



Posidonia 2018

June 4-8, 2018 • Athens, Greece



Caspian International Boat and Yacht Show

June 11-13, 2018 • Baku, Azerbaijan


Direct Email
September, 2018

SMM-2018

Sept. 04-07, 2018 • Hamburg. Germany


October, 2018

Offshore Marintec Russia

Oct. 02-05, 2018 St-Petersburg, Russia


December, 2018

INMEX China - Cruise Build

Dec. 05-07, 2018 Guangzhou, China


March, 2019

INMEX Vietnam 2019

Mar. 27-29, 2019 Ho Chi Minh City, Vietnam


June, 2019

Nor-Shipping 2019

June 4-7, 2019 • Oslo, Norway



[Complete List]



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