Baltic Exchange tweaks BDI weightings, drops Handysize

FEBRUARY 1, 2018 — The Baltic Exchange is making changes to the Baltic Dry Index (BDI), the generally accepted measure of the health of the dry bulk shipping market. The changes come

Vigor to build pioneering wave energy converter buoy

JANUARY 31, 2018 — Irish company Ocean Energy said today that its pioneering OE Buoy wave energy convertor will be built by Oregon-based Vigor and deployed at the U.S. Navy’s Wave Energy

Danish pilotage agency opts for Saab dispatch solution

JANUARY 31, 2018 — DanPilot, the Danish state maritime pilotage provider, has awarded Saab a contract to implement a new marine pilot dispatch system based on Saab’s PILOTCONTROL solution. It is scheduled

Master Marine delivers fleet boat to Waterfront Services

JANUARY 31, 2018 — Master Marine, Bayou La Batre, AL, has recently delivered the 67′ x 28′ M/V Tom Torretti, the second of four fleet boats with a maximum 7′ 9″ working

Wärtsilä CEO: We might take a look at acquiring Rolls-Royce marine biz

JANUARY 31, 2018 — Wärtsilä Corporation President and CEO Jaakko Eskola said today that the company might consider acquiring Rolls-Royce’s loss making marine business, which is currently the subject of a “strategic

New York unveils Offshore Wind Master Plan

JANUARY 31, 2018 — New York Governor Andrew M. Cuomo has now released the comprehensive New York State Offshore Wind Master Plan, which will guide the development of 2.4 gigawatts of offshore

Rand Logistics files for Chapter 11 bankruptcy

JANUARY 31, 2018 — In a filing with the SEC yesterday, Great Lakes operator Rand Logistics, Inc. (OTCMKT: RLOG) reported that, along with certain of its U.S. subsidiaries, it had filed voluntary

VIDEO: Finnlines continues to add capacity

JANUARY 30, 2018 — Helsinki headquartered Grimaldi Group member Finnlines is continuing to expand its fleet In response to growing volumes. It has just taken delivery of the second of four ships

American Salvage Association elects new leadership team

JANUARY 30, 2018 — The American Salvage Association (ASA) has a newly constituted Executive Committee and Leadership Committee following bi-annual elections held in conjunction with its November 2017 Annual General Meeting (AGM)

With Project Resolve ship accepted, Davie pins hopes on icebreakers

JANUARY 30, 2018 — After intensive at-sea trials and testing, Canada’s Department of Defence has formally accepted Asterix, the Resolve-Class Naval Support Ship created by Davie Shipbuilding by converting an existing containership.

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