Niels Aalund was elected at the 93rd International Convention and Conference in New Orleans on October 17th.New Orleans, LA: Prominent maritime industry stakeholder Niels Aalund has been elected President of the International Propeller Club. Mr. Aalund will serve a two-year term, commencing from October 17th.
Over recent years the United Arab Emirates has emerged as an important maritime hub with grand ambitions. Mark Venables visited the region to discover what is driving that growth.When the UAE was elected to the IMO Council as a Category B member, it immediately raised its profile within the maritime community. The Emirates have taken a significant step forward in the maritime world.
A Belgian consortium has launched a project in high-wave offshore solar technology with the aim of building floating solar parks in the North Sea.Large maritime market players Tractebel, Jan De Nul Group, DEME, Soltech and Ghent University formed a consortium and announced the launch of an innovative project in the field of marine floating solar technology.
Norway will seek to open two areas for the construction of floating offshore wind parks, which combined could hold a turbine capacity of up to 3.5 gigawatts (GW), the Norwegian oil and energy ministry said.Norway has recently been seeking to develop wind power, both onshore and offshore.
Maritime Administrator RADM Mark H. Buzby, USN (Ret.), announced TOTE Services, Inc. of Jacksonville Florida as the Vessel Construction Manager (VCM) for the newest class of training ship, the National Security Multi-Mission Vessel (NSMV).TOTE Services was selected by MARAD as the construction manager for selecting a shipyard and ensuring that commercial best practices are utilized to deliver
Demolition of dry bulk ships in the first four months of 2019 was 120% higher than in the same period of 2018. Much of this increase comes from demolitions of Capesize ships, up from 1.1m DWT between January and April 2018 to reach 3.4m DWT in the first four months of 2019.Despite the increasing in scrapping, the bulk carrier market, particularly on the large ship side
Lindblad Expeditions Holdings signed an agreement with Norway's Ulstein to build a new polar vessel, expanding the line’s National Geographic polar fleet to four ships. The ship is the next phase of Lindblad’s fleet expansion following the launches of new builds National Geographic Quest in July 2017
Resulting entity would control about 20 pct of global market; Daewoo shares rally 22 pct; Hyundai Heavy shares fall.Hyundai Heavy Industries, the world's biggest shipbuilding group, has announced a share swap deal worth 2.1 trillion won ($1.98 billion) to take over second-ranked Daewoo and create a global heavyweight controlling over 20 percent of the market.
The Ports of Los Angeles and Long Beach on Wednesday said they set all-time records for moving cargo in 2018, after U.S. retailers and manufacturers pulled forward imports to avoid higher tariffs on Chinese goods.The Port of Los Angeles, North America's busiest container port, handled 9.46 million 20-foot equivalent units (TEUs) last year, the most in its 111-year history and 1.
Two people died and another four were missing on Monday after a ship carrying coal sent a distress signal off the northern coast of Turkey, the coast guard and the local governor's office said.The Panama-flagged vessel, which departed from Russia's Azov port, sent out a distress signal around 148 kilometers (92 miles) off the northeastern Black Sea province of Samsun, the coast guard said.
This week, on December 4, 2018, President Trump signed into law the Vessel Incidental Discharge Act (VIDA): Title IX of the Frank LoBiondo Coast Guard Reauthorization Act of 2018.VIDA establishes a new framework for the regulation of vessel incidental discharges, adding a new Clean Water Act (CWA) Section 312(p): Uniform National Standards for Discharges Incidental to Normal Operation of Vessels.
South Korean shipyards have seemingly boxed out rivals from the market for building large ships carrying liquefied natural gas (LNG), winning all of the orders for the next three years worth more than $9 billion.Three South Korean yards - Daewoo Shipbuilding & Marine Engineering (DSME)