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Pirates Attack Chemical Tanker off Somalia

Picture courtesy of http://www.shipspotting.com and lk.lv/en/lsc-shipmanagement/EU Navfor

Suspected Somali pirates attacked a Singaporean-flagged chemical tanker on Friday but were repelled by guards on board, the European Union's Naval force said, the first such incident in several months.

US Targets 28 Vessels in New North Korea Sanctions

© Anatoly Menzhiliy / Adpbe Stock

The United States targeted North Korea in a new wave of sanctions on Friday directed at one person, 27 companies and 28 vessels, according to a statement on the U.S. Treasury Department's website.   The

Flooding Cripples Grain Barge Shipments in U.S. Midwest

CREDIT: MVFCA

Grain barge shipping came to a near standstill in parts of the U.S. Midwest on Thursday as recent heavy rain and melting snow swelled rivers, halted barge loading and sidelined the towboats that haul farm belt crops to Gulf Coast export terminals.

Shipbuilding

Huntington Ingalls Shipbuilder Nears Completion of Future JFK Aircraft Carrier

Newport News shipbuilders have successfully erected 317 lifts since the keel of the aircraft carrier John F. Kennedy (CVN 79) was laid in August 2015. As of February 2018, the ship is on track to be completed with 447 total lifts. Photo by John Whalen/HII

Huntington Ingalls Industries announced that its Newport News Shipbuilding division has built 70

Tech File: An Inside Look at Ballast Tank Linings

© Sheng Zhang / Adobe Stock

The proper lining of ballast tanks is essential and critical to ship safety. Not too many decades

USNS Hershel 'Woody' Williams Delivered

(Photo: General Dynamics NASSCO)

The fourth expeditionary sea base vessel, USNS Hershel “Woody” Williams, was delivered to the U.S.

Contracts

GE Transportation to Supply Freight Locomotives to Ukraine in USD 1bln Deal

Photo: GE Transportation

GE Transportation signed a $1 billion framework agreement in Ukraine, marking a major milestone

Nordic American Tankers Signs TC with Major Oil Firms

Photo: Nordic American Tankers

In the autumn of 2017, Nordic American Tankers (NAT) advised you of our time charter

Djibouti Ends Dubai's DP World Contract to Run Container Terminal

Photo: DP World

Djibouti has ended a contract with Dubai's DP World, one of the world's biggest port operators

Technology

PIL, PSA, IBM Conclude Successful Blockchain Trial on Chongqing-Singapore Route

Image:  Pacific International Lines Pte Ltd

Singapore’s Pacific International Lines (PIL), port operator PSA International, and technology

Virtual Aid to Navigation: Here Now, Here to Stay

MMAP-simplified.jpg

Vesper Marine designed its Virtual AIS Beacon in 2010 and installed the first solution in 2011.

Eco Ships: The New Norm for Top Tier Ships

VesselsValue.com

The high average cost of bunker fuel over the past decade led to increased interest in fuel

Legal

BIMCO Relaunches Ship Benchmarking System

Photo: BIMCO

BIMCO relaunches ship benchmarking system Shipping KPI after two years of redesign.

US Pushes More Sanctions Targeting N.Korea Maritime Smuggling

U.S. Ambassador to the United Nations Nikki Haley (File photo: US Mission to the United Nations)

The United States proposed a list of entities on Friday to be blacklisted under United Nations

U.S. Sues to Stop Wilhelmsen From Buying Rival Drew Marine

The U.S. Federal Trade Commission said on Friday it would challenge in court the Norwegian company Wilhelmsen Maritime Services' plan to buy smaller U.S. rival Drew Marine Group.

People & Company News

Dry Bulk Market Looks Up: J. Lauritzen

Lauritzen Bulkers. Photo:  J. Lauritzen

Both the dry bulk market and the market for small gas carriers are anticipated to benefit from

Yang Ming Marine Offers Korea-Vietnam-Thailand Service

Image: Yang Ming Marine

Taiwan-based ocean shipping company Yang Ming Marine Transport Corporation announcesdthat it will

Diana Shipping Reports Loss for 4Q

Photo: Diana Shipping Inc.

Greece-based Diana Shipping inc. (DSX) has reported a loss of $436.9 million in its fourth quarter.

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