Shipping - Page 1

Cosco Pacific to sell stake in CIMC to Cosco Group for $1.2bn
Wednesday, May 22, 2013 Cosco Pacific, a container-terminal unit of shipping firm China Cosco Holdings, has agreed to sell its entire 21.8% stake in China International Marine Containers (CIMC) to its parent for...

RINA Group to offer ship certification and engineering services to Drydocks World
Monday, May 13, 2013 Italy-based classification society RINA Group has entered into a framework agreement with UAE-based Drydocks World - Dubai to provide certification and engineering...

Resolve Maritime Academy orders Transas' engine room simulator system
Wednesday, May 01, 2013 Transas Marine has secured an order from Resolve Maritime Academy (RMA) to provide its Techsim 5000 engine room simulators for its new high-tech simulation facility in Fort Lauderdale, Florida,...

Global container trade to reach 684 million teu by 2014
Monday, April 29, 2013 UK-based shipping consultant Drewry Maritime Equity Research has predicted that the global container trade will increase by 4.7% in 2013 and 5.7% in 2014, reaching 684 million teu by the end of...

Eco Marine Power and AIMS Global to develop eco-friendly ship energy solutions
Friday, April 26, 2013 Japan-based Eco Marine Power (EMP) has signed a memorandum of understanding (MoU) with Malaysia's AIMS Global Engineering (AIMS) to market and develop renewable energy solutions for...

Transas Marine launches new FleetView Online version
Thursday, April 25, 2013 Transas Marine has introduced a new version of its FleetView Online web-based SSAS-tracking service, incorporating an enhanced user interface, object overlay and chart navigation...

Norway to build world's first tunnel for large ships
Monday, April 22, 2013 The Norwegian Government has revealed plans for the construction of the world's first ship tunnel through a mountain to help ships navigate a dangerous section of the country's south-western...

Hyundai gets approval for HiMSEN H46/60V engine
Tuesday, April 02, 2013 South Korea's Hyundai Heavy Industries (HHI) has received formal type approval for its HiMSEN H46/60V diesel engine from nine classification societies, including the American Bureau of Shipping...

K LINE, Japan Marine and Daihatsu Diesel start SCR System tests on new container vessel
Friday, March 22, 2013 Kawasaki Kisen Kaisha (K Line), Japan Marine United and Daihatsu Diesel have begun testing of a selective catalytic reduction (SCR) system for the diesel generator on a new 8,600teu container ship....

Kongsberg Maritime to supply simulator training package in Philippines
Wednesday, March 20, 2013 Kongsberg Maritime has secured a contract from Philippines-based maritime training facility Headway Seacrest Maritime Foundation to provide a complete package for simulator...

Hamburg Süd installs propulsion-enhancing fins on seven container vessels
Monday, March 11, 2013 Damen Shiprepair Rotterdam (DSR) has completed the installation of the propulsion-boosting Becker Twisted Fin on seven container vessels belonging to Germany-based shipping company Hamburg...

Global warming to open up new shipping routes in Arctic by 2050
Friday, March 08, 2013 Global warming could make Arctic Ocean ice fragile enough for ordinary ships to sail in the region without any need foricebreakers by 2050, according to a study by the University of California,...

Global shipbuilding capacity down 30% on 2008
Wednesday, March 06, 2013 Global shipbuilding capacity is about a third lower than it was in the peak of 2008 due to the closure of yards and staff cutbacks, according to a monthly report by RS Platou Economic...

Arcadia Shipmanagement partners with Transas for paperless navigation
Friday, February 22, 2013 Arcadia Shipmanagement is collaborating with Transas Hellas to complete the Electronic Chart Display and Information System (ECDIS) programme, which it started in early 2006, to install...

Kongsberg Norcontrol IT signs deal with Norway to develop new VTS system
Wednesday, February 20, 2013 Kongsberg Norcontrol IT (KNC) has entered into a five-year contract with the Norwegian Coastal Administration (NCA) to develop and create a new national vessel traffic service (VTS)...

Wärtsilä secures €50m loan from Nordic Investment Bank for engine R&D
Friday, February 15, 2013 Finnish manufacturer Wärtsilä has secured a ten-year loan worth €50m from Nordic Investment Bank (NIB) to finance its research and development (R&D)...

Norwegian shipping industry teams up to develop battery-powered ships
Thursday, February 07, 2013 Norwegian maritime industry leaders have joined forces to develop battery-powered ships and help combat ship...

Kongsberg Evotec to deliver E-LARS system for Swire Seabed vessels
Friday, January 25, 2013 Kongsberg Maritime's subsidiary Kongsberg Evotec has signed an agreement with Swire Seabed to supply its new mobile Launch and Recovery System (E-LARS) for remote-operated vehicles...

SKF to acquire German ship components firm Blohm + Voss
Friday, January 11, 2013 Sweden-based SKF has agreed to acquire German ship components provider Blohm + Voss Industries (BVI) for €80m from Star Capital...

South Korean ship exports drop 28.2% during January-October 2012
Friday, January 04, 2013 South Korea's total ship exports fell by 29.8% to $39.7bn in 2012, compared with $56.6bn in 2011, according to a report by the Institute for International...