Damen to Acquire DSME’s Share in Mangalian Yard
The Damen Shipyards Group has decided to enter into an agreement to purchase Daewoo Shipbuilding & Marine Engineering’s (DSME), which is a major stake in Romania-based Daewoo Mangalia Heavy Industries (DMHI).
Intention to boost shipbuilding:
The...
Thoresen Rides Dry Bulk Recovery
Thoresen Thai Agencies (TTA) said on 14 November that it had a THB49.14 million (USD1.46 million) net profit for the third quarter of 2017 as the Thai conglomerate's dry bulk shipping business continued to...
Greek Shipowners have $15.2 Billion in Newbuilds
Renewal of the Greek fleet continues at pace as cash rich owners continue to build ships and buy ships.
A survey by Naftiliaki Greek Shipping Review of the Greek orderbook has revealed 237 ships of...
First LNG-fuelled Container Vessel Launch Completed
Launching of Containerships’ first LNG-fuelled container vessel was completed on 4.11.2017. M/S Containerships Nord was successfully launched during high tide at Wenchong Shipyard.
The shipbuilding work of the first vessel continues now on an outfitting...
Bulk Carrier Attacked, 10 Crew Kidnapped and Freed
On November 11, a bulk carrier was reportedly attacked by armed Nigerian pirates who kidnapped ten crew members who were subsequently freed.
What happened?
The bulk carrier ‘Venus Bay’ was reportedly approached by pirates on...
Ship Banned From Sailing After Allision
On November 13, cranes were damaged after a containership reportedly allided with them in the port of Alexandria.
What happened?
The Containership ‘CSCL Yellow Sea’ was detained at the Dekheila port in Alexandria due to allison...
Europort Confirms Role as International Maritime Business Hub
Europort’s vital role as a hub for global maritime business was reflected in its continuing attractiveness to international visitors and a series of business deals signed while the 2017 event was in session.
A busy...
Oil Price Tends to Have a Lot of Geopolitical Noise
Since early last year, commodity markets have signaled a rebound in global economic growth following the recession that rolled through the global energy industry during 2015.
While oil prices have remained strong this year, industrial...
Onboard Sulphur Filtering: A New 2020 Vision
According to maritime technology supplier Green Framework, the onboard desulphurisation could provide an alternative to low-sulphur fuel, scrubber installations or LNG for compliance with the IMO’s global sulphur cap from 2020.
Desulphurisation process:
The desulphurisation process...
Manoeuvring in Hazardous Area with No Echo Sounder Results in Grounding
Summary
At 0830 on 15 May 2016, Surprise’s skipper attended the SMBA’s daily planning meeting, where he was allocated a sightseeing trip to Western Rocks and Bishop Rock Lighthouse. Following the meeting, the skipper and...