Maritime News

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Fincantieri Launches Carnival Cruise Line’s New Ship

Posted On: 30-08-2019

Carnival Panorama, the new ship of cruise ship operator Carnival Cruise Line was launched at the Fincantieri shipyard in Marghera, Venice on December 6. Interior fittings will now begin, leading the ship to its delivery, scheduled in autumn 2019. The new unit will be a sister ship of Carnival Vista, delivered in Monfalcone in April, 2016, as well as of Carnival Horizon, built in Marghera and deliv..readmore

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Fincantieri Launches Silversea Cruises’ Second Muse Ship

Posted On: 30-08-2019

Italian shipbuilder Fincantieri has launched Silver Moon, the second of three Muse-class ships to be built for Silversea Cruises. Silver Moon was launched on August 29 at Fincantieri’s Ancona yard and is set to enter the ship owner’s fleet in 2020. Ordered in September 2017 for a reported price of USD 372 million, Silver Moon is a sister ship to the Silver Muse which was christened by the crui..readmore

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ENOC to Supply Marine Lubricants for Up to 16 Tankers

Posted On: 29-08-2019

The UAE-based energy group Emirates National Oil Company (ENOC) has signed a memorandum of understanding (MoU) with Greek bunker trader IMS Oil Trading to supply marine lubricants for up to sixteen product tankers. Lubricants will be delivered at IMS Oil’s Fujairah and Singapore ports. As informed, the partnership expands ENOC’s marine lubricants supply network to over 110 ports in 23 countrie..readmore

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Hudson Shipping Lines Says No to Scrubber-Fitted Ships

Posted On: 29-08-2019

US-based Hudson Shipping Lines will not employ vessels with scrubbers to comply with the IMO 2020 sulphur cap that comes into force on January 1, 2020. The company said it would instead exclusively burn fuels that comply with the regulations. “We have thoroughly investigated the use and operation of exhaust gas scrubbers and have found that they simply transfer the pollution produced by vessels ..readmore

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Stena Bulk Seeks Help from Govt Leaders in Freeing Seafarers

Posted On: 21-08-2019

Stena Bulk, the owner of the seized tanker Stena Impero, is seeking help and assistance from various government leaders with the release of the ship’s crew. Namely, the company’s President and CEO, Erik Hanell, has made a direct appeal to the Prime Minister of India, Narendra Modi, to assist with the release of 18 Indian seafarers detained by the Iranian Authorities on board the ship for over ..readmore

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Australia Joins US-Led Coalition to Protect Ships in Strait of Hormuz

Posted On: 21-08-2019

Australia has decided to join the United States-led mission to ensure freedom of navigation and safe passage through the Strait of Hormuz amid heightened tensions with Iran. According to the country’s Prime Minister, Scott Morrison, Australia would deploy a frigate in January 2020 for six months, a P-8A Poseidon maritime surveillance aircraft for one month before the end of 2019 and ADF personne..readmore

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Meriaura Group Wants to Create Zero-Waste Fleet

Posted On: 20-08-2019

Finnish shipping group Meriaura Group has revealed its ambitions of creating a zero-waste fleet in the coming period. In late 2018, the group, which comprises Meriaura and VG-Shipping, announced the research collaboration with the Finnish Transport Safety Agency (Trafi) for reducing ship-generated waste. As explained, the purpose of the study was to assess what measures could be taken by the shipo..readmore

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World Ports Sustainability Program Welcomes Baltic Ports Organization

Posted On: 20-08-2019

The Baltic Ports Organization (BPO) has joined the World Ports Sustainability Program following the signing of the WPSP declaration by BPO Secretary-General. Guided by the UN’s 17 Sustainable Development Goals (SGDs), the program aims to enhance and coordinate future sustainability efforts of ports worldwide, fostering international cooperation with partners in the supply chain. “We are deligh..readmore

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Avance Gas Fetches USD 515 Mn Refinancing

Posted On: 08-08-2019

Norway-based LPG shipping firm Avance Gas Holding has received commitments for a USD 515 million credit facility. The company said that the new loan would enable full refinancing of its outstanding debt, evidencing the strong support from the shipping banks and maintaining attractive cash break-even of USD 22,500/day. The commitments are subject to documentation and customary closing procedures. A..readmore

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FSL Trust Pens Pool Deal with Heidmar for LR2 Pair

Posted On: 08-08-2019

FSL Trust Management, the trustee-manager of Singapore-based First Ship Lease Trust, has sealed a new pool agreement for two LR2 vessels with U.S.-based tanker operator Heidmar. The ships in question are 2006-built FSL Piraeus (ex-Torm Margrethe) and FSL Perth (ex-Torm Marie), which have recently returned from their bareboat charters and have now been renamed. Under the arrangement, the two 109,67..readmore

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Construction Begins on Hapag-Lloyd Cruises’ Third Hanseatic Unit

Posted On: 13-08-2019

Construction of the third unit in the Hapag-Lloyd Cruises’ Hanseatic series is officially underway, the Germany-based company has announced. Hanseatic Spirit, as the ship will be named, started construction after a contract for its design and construction was awarded to Vard in July 2018. The hull for the expedition cruise vessel will be built by Vard in Romania and the ship is scheduled to be d..readmore

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Ponant Plans to Acquire Paul Gauguin Cruises

Posted On: 13-08-2019

French cruise company Ponant has revealed its plans to acquire Paul Gauguin Cruises, the operator of cruises in French Polynesia and the South Pacific. The cruise line operates the 1997-built luxury cruise ship Paul Gauguin, which currently sails year-round to Tahiti & Society Islands, Cook Islands, French Polynesia, Fiji, Marquesas, Tonga, Tuamotus, Australia & New Zealand. Paul Gauguin Cruises..readmore

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ADNOC Logistics & Services joins SHIPTEK 2019 Singapore as MAIN SPONSOR

Posted On: 10-07-2019

02.07.2019, Sharjah, UAE: ShipTek 2019 is proud to announce that ADNOC Logistics & Services (ADNOC L&S), the maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC) has joined Shiptek2019 as main Sponsor. The company is the Gulf’s largest fully integrated maritime logistics company, providing shipping, marine services, offshore logistics and onshore services to deliver oil, g..readmore

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Marking a year of growth and success - Azimut reinforces its global market leadership at Cannes Yachting Festival

Posted On: 14-09-2018

Returning once again to the Cannes Yachting Festival, running from 11 to 16 September, Azimut reveals exclusive models that combine luxury with comfort UAE- 13th of September 2018: With the new boat show season that has just started in Cannes, Azimut Yachts, the world’s leading yachts manufacturer with 7 offices in the Middle East including UAE, achieved an excellent year as Azimut Benetti..readmore

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As per the latest industry recommendations to reinforce UAE’s prominent position - The second “Maritime Leaders Roundtable” seeks to strengthen the UAE ports’ leadership

Posted On: 10-09-2018

The first event of its kind that gathers decision makers in the maritime industry to discuss methods to develop the legal and procedural framework of the UAE ports in addition to improving the efficiency of its infrastructure and technology Dubai – United Arab Emirates – 10th of September 2018: Under the patronage of the Federal Transport Authority for Land and Maritime “FTA”, Tactics Mar..readmore

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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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