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ClassNK Approves Niigata Dual-fuel Engine Design

Image: ClassNK

Classification society ClassNK has granted approval to the design of the new 28AHX-DF dual-fuel engine developed by Niigata Power Systems Co., Ltd. The new engine is slated to be used as the main engine

Seadrill Says to Resume Dividend When Rig Market Turns Around

Photo: Seadrill

Offshore oil driller Seadrill plans to resume dividend payments when the market begins to improve, Chief Financial Officer Rune Magnus Lundetrae said.   Known for paying relatively large dividends to its owners,

Karl Senner Inks Distribution Deal with Electronic Power Design

KS EPD.jpg

Karl Senner, LLC (KS) has reached a new strategic representation agreement with Electronic Power Design (EPD). Karl Senner, LLC now represents EPD in the United States marine and offshore Markets. The

Shipbuilding

MacGregor Deck Equipment for Intership's Eco-bulkers

MacGregor's equipment package will also play a role in delivering more sustainable operations.

MacGregor, part of Cargotec, has secured a deck equipment contract from New Times Shipyard in

Seacor Takes Delivery of 10,800 HP Crewboat

Photo courtesy of Seacor Marine

Seacor Marine is building ever larger and more powerful mono-hull crew/supply boats.

Choosing the Best Financing Proposal

It isn’t always about the rate. In a robust boatbuilding market – like the one we see now – even the most successful, financially stable operators need to borrow.

Contracts

Oceanworks Provides Parts for MWCC SADI System

Figure 2 Battery-Powered Pump Skid at rest

OceanWorks to provide storage, maintenance and inspection of key components of recently delivered

BMT Supports Samalaju Port Development

Samalaju Port Development.

BMT subsidiaries in the Asia-Pacific region have been awarded a contract to provide design

EU: Ships Will Measure CO2 Emissions

Shippers to begin monitoring from 2018; Environmental groups say law is weak, shippers favorable. The shipping sector will for the first time have to monitor its carbon emissions

Technology

Subsea Defense & the Changing Paradigm of Submarine Programs

Doug Whyte, Hydro Group Plc Managing Director

Technology and dynamic mission profiles have driven change in the defense industry

From Security to Efficiency Modern Vessel Tracking

Nick Farrell

More so than many other fields of business, the maritime industry is focused on cost

Woodside to Pick up Moroccan Acreage

Woodside Petroleum has been granted a reconnaissance licence off the coast of Morocco

Woodside advises that it has entered into a contract for an exclusive Reconnaissance Licence

Legal

New Company Takes Over OW Tanker

OW Scandinavia (Photo: OW Tanker)

OW Tanker, a unit of bankrupt OW Bunker and owner of its marine fuel supply ships

BIMCO to Develop Standard Term Sheet for Ship Finance

BIMCO announced its intention to develop a standard term sheet to assist the shipping industry in the creation of ship financing documentation.    The aim of developing this

WRRDA: Clearing the Channel for P3 Projects

A Creative Combination for Financing Inland Waterways Infrastructure Earlier this year, the U.S. maritime industry in general, and the inland waterways industry in particular

People & Company News

W&O, LESER Partner to Deliver Safety Relief Valves

Image: LESER

W&O, a global supplier to the marine and upstream oil and gas markets for pipe, valves and fittings

Fednav Celebrates Anniversary Trio in Cleveland

Photo: Fednav

Fednav Limited held a reception on board one of its vessels, the Federal Mayumi, at the Port of

Kings Point Student Earns NMRA Scholarship

Jacqueline Weymann (left) with Norm MacLeod

The National Marine Representatives Association (NMRA) recently awarded its second $500