South Korea's largest shipping line Hyundai Merchant Marine (HMM) said it will invest 3.153 trillion won ($2.84 billion) for 20 new large containerships to be delivered by June 2021.In June this year, the company signed letters of intent for ship orders with South Korea's top three shipbuilders Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries.
A diving contractor has removed oil from the wrecked research vessel Thetis, more than 30 years after the vessel sank.When the fishery research vessel Thetis went down into 30 meters of water close to Smøgen on the west coast of Sweden in 1985, it took a substantial quantity of fuel oil down with it.
South Korean shipowners Heung-A Shipping and Sinokor Merchant Marine have confirmed that they are in talks to merge their container businesses, reports Pulse News. According to various media reports, the South Korean liner companies have decided to merge their container shipping services by the end of the year before joining forces with Hyundai Merchant Marine (HMM).
The provider of maritime satellite antenna systems Intellianhas announced that its v100 maritime VSAT antenna has been chosen by SM Lines to power its ships’ data and communications, and enable its IoT (Internet of Things) freight monitoring system. Internet-enabled physical objects that can process
The Pentagon on Friday said it had successfully tested its anti-ballistic missile system off the west coast of Hawaii, increasing the capacity to knock down missiles targeting the United States and its allies from rogue states like North Korea and Iran.The intercepting missile, which is being developed by the United States and Japan
Sea Machines Robotics, a Boston-based developer of autonomous technology for marine vessels, said its introductory line of intelligent command and control systems has successfully completed product sea trials.The two new products, SM300 and SM200, unlock task-driven, computer-guided vessel operations, bringing advanced autonomy within reach for small- and large-scale operators, the company said.
May imports at the Northwest Seaport Alliance of Seattle and Tacoma reached their highest level since 2010 this year.At 131,067 TEUs (20-foot equivalent units), import volumes were 0.7 percent above last May's total.Export volumes of 114,227 TEUs marked a 11.2 percent decrease from the prior year, but were still above the five-year average.
Maritime satellite antenna systems provider Intellian announced that its V100 maritime VSAT antenna has been chosen by SM Lines to power its ships’ data and communications, and enable its IoT (Internet of Things) freight monitoring system. Internet-enabled physical objects that can process
Ultra Petroleum informed that David Honeyfield has been appointed to serve as CFO of the gas producer with assets in Wyoming’s Green River Basin.A press release from the energy company engaged in domestic natural gas and oil exploration, development and production said that Honeyfield has over 25 years of experience in the energy and natural resources fields with a strong background in
On July 20, 2018, The American Salvage Association (ASA) welcomed Dr. Richard J. Burke, of SUNY Maritime College as the Association’s very first honorary maritime academy faculty member representative. This initiative is designed to broaden the knowledge about the marine salvage and emergency response industry, and the academic community’s access to it.