PK OEM Parts is Shifting Up

From Parts Supplier to Total Provider

ReCAAP: Asian Piracy Incidents Rise in May

Piracy

A total of seven piracy and armed robbery incidents were reported in the Asian region in May.

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Boskalis to Salvage Damaged Frontline, BSM Tankers

Front Altair in Gulf of Oman

Insurers of damaged Front Altair and Kokuka Courageous hire Boskalis to salvage the vessels and their cargo.

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Video Interview: Iridium Can Be the Backbone of Digital Ship

Iridium Communications

Iridium Communications: The first terminal designed to provide global GMDSS services is to launch in January 2020.

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Hapag-Lloyd Secures USD 113 Mn Loan

Hapag-Lloyd

Moving forward with the implementation of its Strategy 2023, Hapag-Lloyd inks a new EUR 100 million loan.

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Economou Proposes to Acquire DryShips

finance

SPII Holdings has offered to buy Greek ship owner and operator DryShips, its subsidiary.

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Video Interview: Kitesurfing for Ships Explained

Airseas

A fully automated power kite capable of towing vessels is entering the merchant shipping market.

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Female Captain to Take Helm of Virgin Voyages' Scarlet Lady

Virgin Voyages Scarlet Lady

The cruise ship, Scarlet Lady, is set to be delivered in 2020.

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GSL Inks Two Charter Deals with MSC, Maersk Line

Containership

The charters, that include the 2,824 TEU GSL Valerie and the 5,095 TEU Orca, are commencing this June.

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BSM's Kokuka Courageous Being Towed to Khor Fakkan, UAE

Product carrier Kokuka Courageous attack

Damaged Kokuka Courageous is under tow toward Khor Fakkan after suspected limpet mine attack.

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WinGD Blazes Trail in Building Engines of the Future

WinGD

WinGD's Volkmar Galke speaks about the industry's decarbonization path and available fuels.

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Frontline Denies Reports of Front Altair Sinking

Front Altair attack in Gulf of Oman

Reports suggested that the tanker Front Altair, that was reportedly torpedoed earlier today, sank.

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Canada to Secure Bigger Share of Asian LPG Market

LPG

RIPET will not bring major changes in demand for VLGCs, however, it is expected to impact LPG pricing.

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OSM to Handle VLCC Fleet Technical Management for Hunter

tanker

OSM Maritime secures a contract for the full technical management of Hunter Group’s fleet of VLCCs.

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Yara Birkeland to Feature Automated Mooring System

Yara Birkeland

MacGregor is to deliver an automated mooring system for the world's first autonomous containership, Yara Birkeland.

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Frontline, BSM Tankers in Suspected Attack in Gulf of Oman

Tanker

The two tankers were damaged in a suspected attack near the Strait of Hormuz on June 13.

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US to Inject USD 292 Mn into Its Ports

US ports

US aims to improving safety, efficiency, and reliability of its ports through the new program.

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Baby Steps Key for Creating Autonomous Maritime Ecosystem

One Sea

One Sea: The transition towards autonomous shipping can be achieved in small steps.

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Algoma Wraps Up Acquisition Deal with Oldendorff

Algoma Innovator

Algoma Shipping acquired the interest held by Oldendorff Carriers in the CSL International Pool.

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Egypt Opens New Multipurpose Terminal at Damietta Port

Damietta Port's new multipurpose terminal

Around USD 81.3 million was invested in the new multipurpose terminal.

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Wasaline: Lack of Automation Rules a Major Challenge

Wasaline ferry

Biggest challenge for new automated ferry is the lack of rules, Wasaline explains during Nor-Shipping in Oslo.

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Video: Empowering the Navigator in a Connected World

Nor-Shipping 2019 interview with Michiel Meijer, Head of Digital Transformation, Northrop Grumman Sperry Marine.

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Performance Shipping Buying Its First Tankers

tanker

Performance Shipping, former Diana Containerships, is to purchase two Aframax tankers for USD 60 million.

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DNV GL, Oshima Team Up on Low-Emission Bulker Designs

DNV GL, Oshima Shipbuilding

A new Ultramax design uses LNG as fuel, an optimized hull shape and a sail to generate extra propulsion.

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Brightoil Collects USD 200 Mn through Ship Auctions

Finance

Brightoil Petroleum sold four tankers in Hong Kong and Singapore auctions to repay its liabilities.

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Eesti Gas Begins with LNG Bunkering in Helsinki Port

Megastar

Elenger, a subsidiary of Estonian energy company Eesti Gaas, has started LNG bunkering in the Port of Helsinki, Finland.

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Euroseas Closes Refinancing of Two Vessels

Finance

Euroseas has closed its earlier revealed refinancing of two vessels.

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DSME Wins Another LNG Carrier Order from Maran Gas

Maran Gas Maritime LNG carrier

DSME is to build another 174,000 cbm LNG carrier for Maran Gas Maritime.

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