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Vessels
Brunswick Ro/Ro Capacity Up by 50%
Georgia Ports Authority (GPA) Executive Director Griff Lynch said the GPA increased auto processing capacity at Colonel’s Island Terminal by 50 percent over the past 12 months, all of which has been absorbed by processors and manufacturers. The Port of Brunswick now has an annual capacity of 800,000 vehicles.
Alpha Bank Securitize Shipping Loans
Greece's Alpha Bank has successfully completed its second financing transaction of $250 million through shipping securitization with Citi, following the inaugural shipping securitization issuance of $500 million in 2014. "Alpha Bank has successfully completed its second financing transaction of USD
HMAS Hobart Sets Sail
HMAS Hobart has “slipped her lines” and set sail for the first time since commissioning on 23 September 2017. Her departure from Fleet Base East, Garden Island, Sydney on Wednesday heralded the much anticipated return to sea for the Guided Missile Destroyer (DDG) of the Royal Australian Navy. During
Southampton Marine Services Delivers Svitzer Merlin
U.K. shipbuilder Southampton Marine Services said it has delivered a newly constructed 20.45-meter multipurpose harbor workboat to Svitzer. The new vessel, named Svitzer Merlin, is the forerunner in Southampton Marine Services’ new Bulldog workboats range. A Bulldog 20, the workboat is a repeat Svitzer order for Southampton Marine Services,
Containership Receives a Special Welcome
The world’s largest containership received a special greeting when it arrived for the first time at Germany’s sole deepwater port. On October 16, EUROGATE welcomed the 21,413 TEU OOCL Germany at its container terminal in Wilhelmshaven, where employees had arranged containers on the stowage area
Global Ship Lease New Time Charter with CMA CGM
Global Ship Lease (GSL), a containership charter owner, announced that it has agreed to a new time charter with CMA CGM for an 8,063 TEU containership, the 2005-built OOCL Tianjin, which will be renamed GSL Tianjin. The vessel will be chartered for a period of three to eight months (at the charterer's option) at a fixed rate of $13,
Smooth Sailing in the Philippines
The recent visit to the Philippines, by two Australian Navy ships of the Indo-Pacific Task Group has significantly reinforced the strong defence relationship between Australia and the archipelago. Led by HMAS Adelaide in company with HMAS Darwin, both ships were welcomed to the Port of Manila by
CMA CGM Launches Mtwara Express Service
CMA CGM Group has announced the launch of Mtwara Express in complement to the six current direct East Africa services. The new service, to commence November 1, will serve the upcoming cashew season in Tanzania and meet rising demand, CMA CGM said in a statement. The Mtwara Express service will be fully operated by CMA CGM Group,
Keel Laid for Hapag-Lloyd Cruises Expedition Ship
The next stage of construction for the second of the two new expedition ships for Hapag-Lloyd Cruises has been set in motion with a keel laying ceremony for the HANSEATIC inspiration held on October 18, 2017, in the Romanian port of Tulcea. The cruise line’s CEO, Karl J. Pojer, laid a specially
BP’s LNG Carrier Fleet is Growing
BP said it will take delivery of six new, state-of-the-art liquefied natural gas (LNG) tankers in 2018 and 2019 to support its expanding global LNG portfolio. BP’s finance partners KMarin and ICBC Leasing are investing more than $1 billion in the tankers. The vessels will join BP’s exixting fleet
Furuno DS60 DSL Selected for 200+ USCG Vessels
Furuno USA, Inc. said it has been awarded a five-year U.S. Coast Guard (USCG) IDIQ contract, valued at approximately $10 million, to supply Doppler Speed Logs (DSL) as part of the USCG’s Doppler Speed Refreshment Project. Furuno’s DS60 DSL will be installed on more than 200 vessels, ranging from 87’
New BWTS for Big Bulk Carriers
U.K.-based ballast water treatment systems (BWTS) manufacturer Coldharbour Marine has launched a new treatment process designed specifically for large dry bulk vessels and ore carriers. The system uses the company’s existing inert gas based GLDTM treatment plant to meet the needs of large bulk carriers,
Clean Marine Secures Multi-Vessel EGCS Contract
Clean Marine, developer of Exhaust Gas Cleaning Systems (EGCS), has secured a multi-vessel contract from Inventor Chemical Tankers AS (ICT). The agreement, covering seven 19,900 DWT chemical tankers, marks the launch of the firm’s CleanSOx Compact Hybrid Allstream scrubber to the marketplace. According to Clean Marine CEO Nils Høy-Petersen,
Subsea 7 Acquires Normand Oceanic
Subsea 7 S.A. has announced an agreement to acquire the remaining 50% shareholdings in its equity accounted joint ventures, Normand Oceanic AS and Normand Oceanic Chartering AS, from Solstad Farstad ASA for a nominal cash consideration. Effective from the date of the transaction, the Group will become the sole owner of Normand Oceanic,