NTSB reports on why bulker was in $4.3 million allision

APRIL 26, 2017 — The National Transport Marine Safety Board has issued a Marine Accident Brief on the March 26 allision of a 739 ft Panama-flagged bulk carrier with the Louisiana Sugar

Maersk partners with Microsoft for digital transformation

APRIL 26, 2017 — Maersk has joined forces with Microsoft Corp. in what’s described as “a strategic move to revolutionize supply-chain management and global trade.” Under the agreement Microsoft has been selected

MAN Diesel & Turbo unveils compact SCR for two strokes

APRIL 26, 2017 — MAN Diesel & Turbo has developed a new compact high-pressure Selective Catalytic Reduction system – MAN SCR-HP – for two-stroke engines. Based on a proven, four-stroke counterpart, the

Blank check company swoops on five Wehr Capes

APRIL 26, 2017 — Hunter Maritime Acquisition Corp. (Nasdaq: HUNT), a blank check company formed last year by Belgium’s Saverys family , has entered into definitive agreements pursuant to purchase, for an

Frontline to DHT: Spit out the poison pills and listen

APRIL 26, 2017 — John Fredriksen controlled Frontline Ltd. (NYSE/OSE: FRO) reports that it has now made another offer for DHT Holdings, Inc. (NYSE: DHT) and DHT has reported that it has

Injured crew members airlifted from Tamar

APRIL 26, 2017 — The Coast Guard reports that two surviving crew members of the bulk-carrier Tamar explosion (see earlier story) were medevaced at approximately 4:30 a.m., by a Portuguese aircrew along

Hyundai Heavy sees order intake surge

APRIL 26, 2017 — South Korea’s Hyundai Heavy Industries (HHI) Group, the world’s largest shipbuilding group, reports that it booked orders for 39 ships worth $2.3 billion in the January – April

Damen Yichang launches TSHD for Australian customer

APRIL 25, 2017 — Damen Shipyards Group reports that the Damen Yichang Shipyard in China has now launched a Trailing Suction Hopper Dredge (TSHD) 650 ordered by Gippsland Ports of Victoria, Australia,

Ample vessel supply makes Drewry bearish on LNG rates

APRIL 25, 2017 — Shipping consultancy Drewry believes that, given the mounting pressure on freight rates and continuing fleet growth over the next two years, excess LNG carrier supply will reduce only

BWMS: Why bulkers are different

APRIL 25, 2017 — The U.S. dry bulk market will face a shortfall of vessels in a few years of time unless owners of this type of vessel can persuade the U.S.

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