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Asia-N.Europe Box Rates Fall 8.1 pct

File Image (Credit: GPA)

Freight rates for transporting containers from ports in Asia to Northern Europe fell 8.1 percent to $713 per 20-foot container (TEU) in the week ended on Friday, the Shanghai Containerized Freight Index

Ship of the Year Award for NYK Vessel

Image of LNG-fueled tugboat Photo NYK

Japan's first LNG-fueled ship, Sakigake, which is a tugboat owned by NYK has been recognized with a Technology Special Award at the 2015 Ship of the Year Awards sponsored by the Japan Society of Naval Architects and Ocean Engineers (JASNAOE).

China to Add 8 Cruises to Push Tourism in South China Sea

Photo: Sanya Tour

Three State-owned enterprises from the shipping, tourism and construction sectors will cooperate to equip up to eight cruise liners and offer diversified sightseeing services to tap the travel market in the South China Sea, says China Daily.

Shipbuilding

Ithaca’s FPF-1 platform to be moved to Stella field

FPF-1 floating production facility has completed the required inclination test Photo

Ithaca Energy Inc. reports that the "FPF-1" floating production facility has completed the

Live Fish Carrier Launched at Gondan

“MARTIN SÆLE”, the first Live Fish Carrier built by Gondan Shipyard in Figueras. Courtesy  GONDAN

At high tide, the vessel “MARTIN SÆLE”, the first Live Fish Carrier built by Gondan Shipyard in

Wärtsilä Environmental Efficiency for Hybrid UK Ferry

Photo courtesy of Wrightlink

A new ferry being built at the Cemre shipyard in Turkey for UK operator Wightlink will feature a

Contracts

Team Britannia, GAC Inks Partnership Deal

GAC & Team Britannia sign deal Image GAC

As Team Britannia prepares for its bid to break the round-the-world powerboat record later this

Speculators Cut U.S. natgas net longs Again

U.S. natural gas speculators cut their net long positions for a second week in three, betting prices will decline in the future to encourage power generators to keep burning

Libya's PFG to Lift Terminal Blockades

Petroleum Facilities Guard has blocked terminals for months. Ras Lanuf, Es Sider terminals damaged by fighting. Libya's Petroleum Facilities Guard (PFG) will start lifting a

Technology

Turbulence Characterization Assessments for Tidal Power Sector

The consortium that delivered the Scottish Government funded Turbulence in Marine Environments (TiME) project has announced that they now offer a turbulence measurement and

SENER Presents Two FORAN Papers at the Morintekh

The Morintekh-Praktik Scientific Conference in which SENER participated (Photo: SENER)

In June, the SENER engineering and technology group participated in the 17th Morintekh – Praktik

Boskalis Awarded Aberdeen Offshore Wind Farm Contract

Aberdeen Offshore Wind Farm Image Royal Boskalis Westminster

Royal Boskalis Westminster N.V. (Boskalis) has been awarded the Offshore Balance of Plant contract

Legal

Kerry to Press ASEAN meeting for talks on SCS Disputes

U.S. Secretary of State John Kerry Official Portrait Photo John Kerry -@JohnKerry

U.S. Secretary of State John Kerry will urge Southeast Asian nations in meetings in Laos next week

Brazil's Petrobras plans to sell voting control of BR fuels unit

The headquarters of the Brazilian state oil company, Petrobras, in Rio de Janeiro.

Brazil's Petróleo Brasileiro SA said on Friday it plans to sell voting control of Petrobras

USCG Repatriates 151 Cuban Migrants

Kathleen “Kate” Moore Photo USCG

The Coast Guard repatriated 151 Cuban migrants to Bahia de Cabañas, Cuba, since July 14.

People & Company News

US Navy Tests Latest Aegis Weapon System

Rear Adm. Chris Grady, commander, Naval Surface Force Atlantic, greets Minister Pedro Morenes, Spanish Minister of Defense prior to Morenes embarking Spanish Navy Ship Cristobol Colon (F-105) Naval Station Norfolk. PhotoUSN

The U.S. Navy conducted a series of cooperative air defense test exercises with the Spanish navy

Antwerp Port CEO Scoops Baron Title

Eddy Bruyninckx becomes a baron Photo Port of Antwerp

After 25 years as CEO of Antwerp Port Authority, Eddy Bruyninckx has been raised to the nobility

On Board on a Yacht with Oscar Ono

Photo courtesy of Oscar Ono

Press release - The Newest Hatteras 70 features Oscar Ono wood flooring thoughout.

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