NOL adds new 14,000-TEU “Eco ship”
MARCH 25, 2013—Singapore’s NOL Group is spending $4 billion to renew its fleet with some of the most-efficient, environmentally friendly containerships in the market. It recently took delivery of the APL Temasek,
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MHI and Imabari form LNG ship JV to compete with Korea
MARCH 25, 2013 — Japan’s Mitsubishi Heavy Industries, Ltd. (MHI) and Imabari Shipbuilding Co., Ltd. are setting up a joint venture company — MI LNG Company, Limited — to handle the design
Columbia Shipmanagement cops plea, will pay $10.4 million
MARCH 22, 2013 — The U.S. Department of Justice says that Columbia Shipmanagement (Deutschland) GmbH (CSM-D), a German corporation, and Columbia Shipmanagement Ltd. (CSM-CY), a Cypriot company, have agreed to pay a
GAO reports on impacts of Jones Act on Puerto Rico trade
MARCH 21, 2013 — The GAO has issued a report that should rekindle the debate over the benefits, or otherwise, of the Jones Act. Entitled “Puerto Rico: Characteristics of the Island’s Maritime
Frontline 2012 plans NY listing, goes on building binge
MARCH 20, 2013 — Frontline 2012, whose majority shareholder is John Fredriksen’s Hemen Holding, yesterday reported preliminary fourth quarter and full year 2012 results and said it is “currently in the process
ABB invests in tidal power
MARCH 14, 2013 — ABB has led a $12 million investment in Scotrenewables Tidal Power, a provider of tidal turbine systems, to support the roll out of a new hydrokinetic device and
Meeting marine fuel sulfur targets could up carbon emissions
MARCH 11, 2013 — A report by AMEC Environment & Infrastructure UK Limited and commissioned by the U.K. Chamber of Shipping indicates that hitting 2015 sulfur emission targets could increase carbon emissions
Damen Rotterdam completes Becker Twisted Fin retrofits
MARCH 6, 2013 — Damen Shiprepair Rotterdam has now completed the installation of Becker Twisted Fins on seven 7,100 TEU Hamburg Süd containerships. The shipyard won the contract for the installations in
VLCC design cuts ballast water weight by 65 percent
MARCH 6, 2013 — Classification society ClassNK has granted AIP (Approval in Principle) to a tanker design that reduces the weight of ballast water required by about 65 percent compared with a
Seaspan to use GL HullManager for entire fleet
MARCH 1, 2013 — Container shipping giant Seaspan Ship Management Ltd., Vancouver, has chosen Germanischer Lloyd’s GL HullManager system to upgrade its in-house hull integrity management system. The condition based monitoring software