Gasum and the owners of the Tornio ManGa LNG project are collaborating to explore opportunities for liquefied natural gas (LNG) sourcing and shipping logistics for terminals in Tornio and Turku. The joint effort aims to create a cost-efficient, Finnish LNG sourcing and shipping solution for industrial, energy production and maritime transport use. The aim is [...]
May 21, 2013 | Posted in
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More than a 100 years since RMS Titanic was due to berth in the United States on its grand maiden voyage, a 21st century version of the legendary passenger ship, Titanic II, is coming to New York. Blue Star Line chairman Professor Clive Palmer’s dream for Titanic II has been unveiled at a Global Launch [...]
February 28, 2013 | Posted in
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NOAA’s Office of Coast Survey has issued an updated Arctic Nautical Charting Plan, as a major effort to improve inadequate chart coverage for Arctic areas experiencing increasing vessel traffic due to ice diminishment. The update came after consultations with maritime interests and the public, as well as with other federal, state, and local agencies. “As [...]
Teekay Tankers Ltd. on Thursday reported its results for the three months ended December 31, 2012. During the fourth quarter of 2012, the Company generated $10.8 million, or $0.13 per share, in Cash Available for Distribution(2), compared to $9.7 million, or $0.12 per share, in the third quarter of 2012. On February 20, 2013, Teekay [...]
Low freight rates and a challenging market are concerns for ship managers as they begin 2013. A survey of members of InterManager, the international trade association for the ship and crew management industry, has identified the main concerns affecting the industry as it begins the New Year. In addition to fears about how challenging market [...]
Defence Infrastructure Organisation has announced plans for the Queen Elizabeth Class (QEC) Base Porting Infrastructure Project – HMNB Portsmouth. The project is for the design and construction of a secure tidal berth for the QEC Aircraft Carrier on Middle Slip Jetty comprising upgrading work to the existing jetty to withstand berthing, mooring and operational forces [...]
To strengthen its three business areas’ leading position, Cargotec announced in September that it will develop its governance model towards an organisation driven by three business areas Marine, Terminals and Load Handling. The role of Cargotec’s global support functions and corporate functions is planned to be restructured towards a holding type of company structure to [...]
Admiralty Shipyard, United Shipbuilding Corporation’s subsidiary, is planing to launch rescue ship Igor Belousov of Project 21300 by the end of October 2012. Construction of the Igor Belousov started in 2005 at the Admiralty Shipyards in St. Petersburg but has faced a series of setbacks. The construction, which included mounting of deep-sea diving system GVK-450, taking [...]
Triggered by the desire to harness China’s offshore oil potential China Oilfield Services Ltd (COSL) plans to expand its ocean engineering fleet with as much as fifty new vessels, China daily reports citing COSL’s manager of the shipping department Cai Dian. According to him, China’s largest integrated oilfield service provider will use the new vessels [...]
![Brazil: Government Unveils Port of Rio Expansion Plans]()
The Port of Rio de Janeiro will receive around R$ 3 billion in investments by 2016, which should increase its capacity by 80%. The announcement was made Aug. 20 by the State Government. The funds will come from the private sector and all three levels of government (Federal, State and Municipal). The program, entitled “21st [...]
