Advent to Take Over V.Group
Advent International to acquire majority stake in V.Group
On December 5, Advent International (“Advent”) announced that it has agreed to acquire a majority ownership interest...
[Watch] Pressure Testing of Bottom Plugs of Ship
This video shows how the pressure testing of bottom plugs of the ship is done. Pressure testing of bottom plugs is done in dry...
[Watch] Opening of Bottom Plugs
The Video shows how bottom plugs of a ship are opened when the ship is in dry dock.
Disclaimer: This video is intended for informational...
The Titanic Shipwreck Could Disappear from Ocean Floor by 2030
The wreckage of the Titanic could disappear completely by 2030, all because of ‘hungry’ bacteria in the ocean.
The once grand Titanic has been sitting...
MOL Presidential Award to the Officers and Engineers 2016
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced the company held a commendation ceremony for "MOL Presidential Award to the Officers...
Crew Awarded for Heroism at Sea with AOTOS Mariners’ Plaque
Crew of Crowley-Managed Ocean Glory Awarded for Heroism at Sea with 2016 AOTOS Mariners’ Plaque
Officers and crewmembers of the Crowley Maritime Corp.-managed M/V Ocean...
European Shipping Week 2017 Welcomes Keynote Speakers And Panelists
European Shipping Week 2017 (ESW2017) is pleased to announce its line-up of high level industry speakers at its flagship conference to be held at...
ABB’s Electrification of Ferries Powers Ahead
ABB’s electrification of HH Ferries´world’s largest emission-free ferries powers ahead after Öresund Dry Docks selected for modernization
Construction of shore side charging arm and HH...
The Universities Churning Out The Most Billionaires
When it comes to universities producing billionaires, no institution compares to Harvard. According to Times Higher Education, Harvard counts 35 billionaires among its alumni...
Historic Declaration to Fight Counterfeits Signed
Historic declaration to fight counterfeits signed by brand owners and shipping firms
The Story:
Representatives from a number of global shipping companies, logistics firms, anti-counterfeiting organizations...
‘The Best Kept Secret in Shipbuilding’
By Greg Trauthwein
In 2009, Italian shipbuilding giant Fincantieri S.p.A, purchased the assets of the Manitowoc Marine Group; which included Bay Shipbuilding Company. Located in...
Marine Market Faced with Aging Fleet of Vessels
The marine insurance market has been deemed “very competitive” and worldwide, premiums dropped 10.5% from 2014 to 2015, due in part to currency fluctuations,...
Market Conditions Force Down Ship Operating Costs
The cost of operating cargo ships has fallen for two successive years but is forecast to rise in 2017 and beyond, according to the...
Underwater Drone with Surveillance, Short-range Attack Capabilities
Juliet Marine Systems, Inc. (JMS) unveiled plans to construct Guardian, a submersible unmanned surface vehicle (USV) that is a variation of JMS’ existing GHOST...
[Watch] How They Removed 1,400 Cars and a Sunk Ship
On 5th December 2012, the car carrier Baltic Ace sank with more than 1,400 cars on board after a collision with a container ship...
Exclusion Zone Set Up Around Fire Damaged Cargo Ship
The Story:
Salvage Control Unit officials are drawing up plans for a place of refuge for the fire ravaged bulk carrier V-Due.
What happened?
On 1st December,...
Watch an Anchor Handling Tug Supply Vessel Working
Anchor Handling Tug Supply (AHTS) vessels are mainly built to handle anchors for oil rigs, tow them to location, anchor them up and, in...
First Tugs with CAT Marine 3516E Tier 4 Engines
Caterpillar Marine reports that Horizon Shipbuilding, Bayou LaBatre, AL, is in the process of installing the first production EPA Tier 4 certified 3516E EPA...
Houston Ship Channel Reopens
The Story:
On Monday, the busiest United States petrochemical port to the Gulf of Mexico ‘Houston Ship Channel’ reopened after a fire damaged the ship...
Tragedy at Sea — Two Ships and Two Captains
At 9:30 a.m. on Nov. 4, 1875, the 223-foot side-wheel passenger steamship “Pacific” with about 275 on board sailed from Esquimalt Harbour on the...