MOL takes delivery of next generation car carrier

MARCH 16, 2018 — Mitsui O.S.K. Lines (MOL) has taken delivery of the Beluga Ace, the first of its next generation FLEXIE series of car carriers. Built by Minaminippon Shipbuilding, the vessel

CBO: Cost of building 355 ship Navy would top $100 billion a year

MARCH 15, 2018 — A new report from the Congressional Budget Office estimates that the costs of achieving a 355 ship Navy under two different approaches would average over $100 billion annually

Azam Marine orders world’s first ferry with Cummins QSK95 propulsion

MARCH 15, 2018 — A 45 m Incat Crowther design fast ferry ordered by Dar es Salaam, Tanzania, headquartered Azam Marine will be the world’s first ferry with Cummins QSK95 propulsion power.

Gulf Craft to launch 600-passenger ferry Seastreak Commodore

MARCH 15, 2018 — The latest addition to the Seastreak New York ferry fleet, the Seastreak Commodore, is set launch Monday, March 19. Built by the Gulf Craft shipyard in Franklin, LA,

Seatrade fined for export of ships for scrapping in substandard yards

MARCH 15, 2018 — Groningen, Netherlands, headquartered shipping company Seatrade has been fined for breaking the EU Waste Shipment Regulation by the illegal export of vessels sent for scrapping on the beaches

Statoil to change its name to Equinor

MARCH 15, 2018 — Statoil reports that its board is proposing to change the name of the company to Equinor. It says that the name change supports the company’s strategy and development

Sanmar orders 42 Rolls-Royce thrusters in multi-year supply agreement

MARCH 15, 2018 — Rolls-Royce has secured a major order from Turkey’s Sanmar Shipyards for propulsion and deck equipment for tugboats the yard is building for various customers. The scope of supply

Awash in red ink, Bourbon says it’s an ongoing concern

MARCH 15, 2018 — Paris headquartered offshore services giant Bourbon has released annual results for 2017 that show total losses reaching a whopping EUR 625.1 million (about $772 million) compared with the

Color Line faces record sulfur fine

MARCH 14, 2018 — Norwegian newspaper Sysla reports that Color Line has been hit with a record fine of NOK 600,000 (about $77,000) for five violations of sulfur emissions regulations involving its ferry

Alfa Laval BlueBox SA prevents oily water discharge problems

MARCH 14, 2018 — Non-compliant discharge of oily water continues to be an environmental threat – and an expensive headache for the marine industry, with strict enforcement of discharge limits often bringing

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