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October 28, 2016

Concordia prepares for "subdued" tanker market

OCTOBER 28, 2016—In a move designed to prepare the company for “a subdued market situation” and increase its liquidity, , tanker operator Concordia Maritime is selling the 158,000 dwt Suezmax tanker Stena Supreme to “one of Japan’s largest ship...
October 28, 2016

BIMCO: Sulfur cap "no walk in the park"

OCTOBER 28, 2016—The world’s largest international shipping association is voicing its concerns over the International Maritime Organization’s Marine Environment Protection Committee’s plans to implement a global sulfur cap on shipping by...
October 28, 2016

Fishing firm pleads guilty to illegal oil discharges

OCTOBER 28, 2016—An American tuna fishing company that regularly unloaded its catch in American Samoa, was convicted and sentenced yesterday for discharging oil into the South Pacific and for maintaining false records, according to Assistant...
October 28, 2016

U.S. Coast Guard: Record year for drug busts

OCTOBER 28, 2016—When it comes to drug busting, the U.S. Coast Guard had a record year. According to the U.S. Coast Guard, the service and its interagency partners removed more than 416,600 pounds of cocaine worth over $5.6 billion in Fiscal...
October 28, 2016

Maersk Supply Service sells two more PSVs

OCTOBER 28, 2016—Continuing to shed offshore supply vessels in its fleet as a result of the downturn in the offshore oil and gas market, Maersk Supply Service said it had sold two Platform Supply Vessels, the Maersk Feeder and Maersk Fighter....
October 27, 2016

New feasibility study released on hydrogen fuel cell ferry

OCTOBER 27, 2016—While there has been a surge in ferries using alternative fuels, such as Liquefied Natural Gas (LNG), as well as hybrid and all-electric propulsion technologies, what about a fast ferry that could operate on a hydrogen fuel...
October 27, 2016

NY acreage offered for offshore wind development

OCTOBER 27, 2016—With the first commercial offshore wind farm in the U.S. due to go live on November 1, U.S. Secretary of the Interior Sally Jewell and the Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper today announced...
October 27, 2016

Singapore flag approves Wartsila EGC systems

OCTOBER 27, 2016—The Singapore flag state authorities have approved Wärtsilä's exhaust gas cleaning (EGC) systems, making it the first EGC to be approved by an Asian flag authority. The approvals relate to Wärtsilä EGC systems ordered for two...
October 27, 2016

$4.85 million in grants for Marine Highway projects

OCTOBER 27, 2016—The U.S. Maritime Administration (MARAD) has awarded grants totaling $4.85 million for six Marine Highway projects, including a new Container-on-Barge service that would connect New Orleans, Minneapolis and Chicago, and a new...
October 27, 2016

New partnership between Northern Lights, HUG

OCTOBER 27, 2016—Leading manufacturer of marine generator sets Northern Lights, Inc. (NLI), Seattle, WA, has formed a partnership with HUG Engineering of Switzerland to provide complete, IMO III certified clean air power generation...

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