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FEBRUARY 21, 2018 — The European Commission has imposed fines totaling EUR 395 million (about $487 million) on five car carrier companies involved in a cartel that ran from October 2006 to September 2012. The…
FEBRUARY 21, 2018 — As global water temperatures increase, global "biofouling hotspots" in subtropical/tropical areas are intensifying, exposing newbuildings at some of the world's major shipyards to greater risk of hard fouling during the outfitting…
FEBRUARY 20, 2018 — Shipping is being transformed by disruptive technology. Increasing automation and digitalization are turning the traditional shipping model on its head. In the age of big data and the Internet of Things,…
FEBRUARY 20, 2018 — Shell has signed time charter agreements for two of six LNG dual fueled Aframax tankers under construction for Russia's SCF Group (Sovcomflot). The time charter agreements were signed today by Evgeny…
FEBRUARY 20, 2018 — The U.K. has agreed the sale of its current flagship, the helicopter carrier HMS Ocean, to Brazil. According to the U.K. Ministry of Defence, she has been sold for around £84…
FEBRUARY 20, 2018 — The European Investment Bank (EIB) and Netherlands headquartered ING Bank have signed an agreement to support EUR 300 million (about $370 million) of green investments for the European shipping market. ING…
FEBRUARY 20, 2018 — Theodore, AL, headquartered shipbuilder Silver Ships, Inc. reports that it has hired Shawn Lobree, a recently retired U.S. Navy captain, as Federal Contracts Manager. Lobree has more than 25 years of…
FEBRUARY 20, 2018 — Wärtsilä and Maersk Drilling have joined forces to create a 25-year thruster maintenance strategy for Maersk's three semi-submersible rigs and four drillships. By reducing the thruster exchange time, the deep-sea rigs…
FEBRUARY 20, 2018 — Danish naval architectural specialist OSK-ShipTech has provided the concept design for the four largest ferries thus far ordered. The RoPax cruise ferries are 229.5 m long and 32 m wide. Each…
FEBRUARY 20, 2018 — Four months after its mid-October 2017 launch of IMO compliant electronic class and statutory certificates, DNV GL reports that more than 50,000 such certificates have been issued. "We have been overwhelmed…
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