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Drewry: Operating costs under upward pressure

JANUARY 22, 2014 — In its just published Ship Operating Costs Annual Review and Forecast, London headquartered Drewry Maritime Research calls 2013 “another difficult year” for most ship operators. With weak freight

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ABB adds NAPA solutions to VICO portfolio

JANUARY 22, 2014 — ABB has signed an agreement with software house NAPA that will see the NAPA Loading Computer and the electronic NAPA Logbook be offered under ABB’s Vessel Information and

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Two Teekays create another spin off

JANUARY 21, 2014 — Teekay Tankers Ltd. (NYSE:TNK) and Teekay Corporation (Teekay) (NYSE:TK) today jointly announced the creation of Tanker Investments Ltd. (TIL). TIL, they say, “will seek to opportunistically acquire, operate

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Seabourn firms up cruise ship order at Fincantieri

JANUARY 21, 2014 — Carnival Corporation’s Seabourn Cruises has followed up on a Letter of Intent inked last October and signed a formal contract with Italian shipbuilder Fincantieri for construction of a

Kleven books order for IMR vessel

JANUARY 21, 2014 — Norway’s Kleven shipyard has won an order from Stig Remøy’s Olympic Shipping AS covering the construction of an IMR  (Inspection, Maintenance and Repair) vessel of MT 6021 design.

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Top Ten Maritime Stories of 2013

JANUARY 20, 2014—What were the top maritime stories of 2013? As ranked by the activity of Marine Log viewers, the Top Ten stories of last year were tales of Triumph, tragedy and

Hybrid propulsion project gets EU funding

JANUARY 20, 2014—The European Union is providing EURO6.4 million in co-financing for a pilot project investigating a new hybrid propulsion system aboard two RoPax vessels operated by Scandlines Germany GmbH on routes

Siem dual fuel PSVs to have Parat boilers

JANUARY 20, 2014 — The four 89 m, 5,500, dwt dual fuel PSVs ordered by Siem Offshore at Poland’s Remontowa Shipbuilding S.A. last month (see earlier story) will have  MEL Electrical ORO