Wartsila to eliminate 550 jobs
APRIL 21, 2016 — With market conditions weakening in its equipment businesses and a marine market outlook that continues to be challenging, Wärtsilä says it plans to realign its organization, operations and
First methanol fueled tanker joins DNV GL fleet
APRIL 21, 2016 — Classification society DNV GL has welcomed the world’s first methanol fueled oceangoing vessel to its fleet. Named Lindanger in ceremonies at shipbuilder Hyundai Mipo’s Ulsan, South Korea, shipyard
UK P&I Club warns of VGM chaos and disputes
APRIL 21, 2016 — The UK P&I Club is warning that some terminals and shippers still seem unprepared or even unaware of the SOLAS amendment on container weighing that comes into force
Singapore controls high value fleet
APRIL 20, 2016—Singapore owners control one of the largest fleets, in terms of value, writes Craig Jallal, Senior Data Editor at VesselsValue. This week is Singapore Maritime Week 2016, when the city-state
Study: SECA a success story for Europe
APRIL 20, 2016 — One year after the introduction of stricter sulfur limits for marine fuel, the air pollution in the North Sea and Baltic Sea has declined considerably says a study
Four container giants agree new alliance
APRIL 20, 2016 — CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line today signed a Memorandum of Understanding to form a new alliance enabling each of them to
Transocean delays deliveries of two drillships
APRIL 20, 2016 – Transocean Ltd. (NYSE: RIG) reports that it has reached an agreement with Sembcorp Marine’s subsidiary, Jurong Shipyard Ptd Ltd, to defer the delivery and related final payments of
JonRie introduces new Container Master winch series
APRIL 20, 2016 – JonRie Intertech, Manahawkin, NJ, has introduced a new Container Master series of winches. Featured on Crescent Towing’s new 92 ft ASD tug Mardi Gras, the winch was designed
Milaha takes delivery of Qatar’s largest lift boat
APRIL 20, 2016 – Milaha (Qatar Navigation) has taken delivery of a new lift boat that will be deployed offshore, particularly in support of field maintenance efforts. Named Milaha Explorer, the newbuild
DOF Subsea books contracts worth $61.4 million
APRIL 20, 2016 – Bergen, Norway, based DOF Subsea, a subsidiary of DOF ASA, reports that it has been awarded several IMR and subsea installation contracts the past months, with a total