Paraguay’s Tsuneishi Shipyard, a subsidiary of the Japanese firm of the same name, recently delivered the powerful towboat Tebicuary 3 to her owners Navegación del Sur S.A. (Navesur) in June of 2018. The new vessel is a near sister-ship to the 2015-delivered Ceasar Primo for a different owner.
MHI Vestas Offshore Wind, a joint venture of Mitsubishi Heavy Industries and Vestas Wind Systems, signed a conditional contract with CS Wind/Chin Fong the local manufacture of towers, as wind industry veteran takes the reins at newly formed entity in Taipei.MHI Vestas is firming up its localisation plans in Taiwan as the company held a signing ceremony today for the manufacture of wind turbine
A new 16-meter harbor tug has completed its delivery voyage from Macduff Shipyards to Shoreham on the south coast of England.The new tug, Acamar, was designed by Macduff Ship Design for Shoreham Port Authority, inspired by the Eileen Mcloughlin hull and customized to suit the port’s busy operations schedule and narrowed in order to fit through lock gates.
Classification society ABS and Hyundai Heavy Industries (HHI) collaborated to develop cyber security requirements for the ABS Cyber Security-Ready (CS-Ready) Notation for marine assets.A release from ABS said that it issued HHI the first-of-its-kind CS-Ready Notation to a large-scale commercial vessel—a VLCC—delivered in November.
The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose for the fifth consecutive day on Tuesday supported by gains across vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 16 points, or 1.1 percent, to 1,450 points.The capesize index was up 4 points or 0.2 percent at 1,868 points.
China’s Cosco Shipping Technology (CS Tech) has teamed up with Japan’s Furuno Electric and Heisei Trading to form a joint venture in the maritime navigation and communications market.The Shanghai based Cosco Shipping Furuno Navigation Technology will provide equipment, systems and related services for domestic and international shipping fleets as well as inland waterways vessels.
The Baltic Exchange's main sea freight index fell for the second day in a row on Tuesday, pressured by weaker rates for capesize and panamax vessels.The overall index, which tracks rates for ships carrying dry bulk commodities, was down 23 points, or 1.6 percent, at 1,419 points, its biggest one-day percentage decline in three weeks.
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the third consecutive session on Thursday supported by stronger rates across capesize and panamax vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 29 points, or 2.1 percent, to 1,433 points.
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, inched higher on Tuesday, propped up by a rise in panamax and supramax vessel rates.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up three points, or about 0.2 percent, at 1,390 points.The capesize index fell 23 points, or 1.
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday snapping eleven sessions of losses, supported by stronger capesize vessel rates.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 48 points, or 4.6 percent, at 1,090 points.
Valmet will upgrade the Damatic XDi automation system to a Valmet DNA system onboard the Mariner of the Seas cruise ship owned by Royal Caribbean International. With this upgrade, the operators of the machinery and air conditioning systems will have a modern and efficient Valmet DNA user interface, including a state-of-the-art history storage and data analyzing and reporting tools.
Oil tanker company's shares down 1.8 pct at $2.15 premarket. Credit Suisse halves PT to $2, says near-term challenges remain. "On the heels of the second-worst year for tankers in 20 years, this seems to be the growing consensus," said Credit Suisse. While strong oil demand should help move market balance, CS says another year of above-average fleet growth