Maritime News

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Announcing Shipping2030 Europe, co-located with Green Ship Technology

Posted On: 17-02-2017

Creating the future of shipping New technologies, shifts in the global economy and demographics, rapidly evolving consumer demands and environmental pressures are reshaping the market shipping serves. The industry’s regulatory structure, communications, financing, commercial and operational practices are all out of synch with the digital age and are also failing to optimise its benefits. Tak..readmore

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Croatian FLNG Terminal Delayed

Posted On: 27-01-2017

Croatia's FLNG terminal in the northern Adriatic will take a year longer to complete than initially expected, reports Reuters. The capacity of the terminal, now expected to be finished in 2019, is seen at around 2 billion m3 of gas a year, with Croatia targeting central European markets as well as domestic. The terminal, to be built on the northern Adriatic island of Krk, is among projects th..readmore

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India Steamship to Sell Four LR2 Tankers

Posted On: 27-01-2017

Kolkata-based shipping company India Steamship has reached an agreement to sell all four of its LR2 tankers to Greek Enterprises Shipping and Trading, according to data provided by VesselsValue. Under the deal, the company will sell the 2008-built Ratna Namrata, Ratna Shradha, Ratna Shruti and the 2010-built Ratna Shalini. Each featuring 105,800 dwt, the tankers were constructed by the South Kore..readmore

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CMA CGM, COSCO Shipping Ports Enter Cooperation Deal

Posted On: 27-01-2017

China-based COSCO Shipping Ports and CMA Terminals Holding, the CMA CGM port subsidiary, have signed a memorandum of understanding (MOU) to reinforce cooperation in port operations and investments. Under the deal, signed on January 20, the two parties said they would cooperate in ports worldwide and preference will be given to ports that the Ocean Alliance calls. Both sides have also agreed to p..readmore

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New LNG-Powered Ferry Megastar

Posted On: 25-01-2017

Estonian shipping company Tallink took delivery of its new liquefied natural gas (LNG)-powered fast ferry Megastar from Finland-based Meyer Turku Shipyard on January 24. Built under an EUR 230 million investment, Megastar is 212 meters long and capable of carrying up to 2,800 passengers. Dubbed the most advanced fast ferry in the Baltic Sea, the new vessel is scheduled to start operating between..readmore

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Acta Marine Orders Wind Farm Vessel

Posted On: 25-01-2017

Netherlands based ship owner Acta Marine B.V. has placed an order with Ulstein Verft AS for the construction of a DP2 construction support vessel (CSV) primarily aimed at the offshore wind market. The vessel, which carries the new SX195 design from Ulstein Design & Solutions AS, offers in-field flexibility, winter workability, safe transfer of people and cargo, optimized on-board logistics, hi..readmore

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FSDEA to Invest in First Deep Sea Port in Angola

Posted On: 25-01-2017

The Fundo Soberano de Angola (FSDEA), Angola’s sovereign wealth fund, has committed to invest USD 180 million in a strategic deep sea port in Cabinda, Angola as part of its USD 1.1 billion infrastructure fund. This investment will create the first deep sea water port in Angola, which will be built in two phases. Phase 1 will result in a terminal of 630 meter length connected to the shore via a ..readmore

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Ulstein Delivers Its Largest Offshore Construction Vessel

Posted On: 20-01-2017

Norwegian shipbuilder and ship designer Ulstein delivered an offshore construction vessel (OCV), Island Venture to Island Ventures 5 LLC, a joint venture between Edison Chouest Offshore from the USA and Island Offshore from Norway on January 17, 2017. The 14, 248 dwt Island Venture is said to be Ulstein’s largest OCV yet, can accommodate 239 persons, with length of 160 meters and a width of 30 ..readmore


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