Cruise Market will register a 5.0% CAGR in terms of revenue, reach US$ 57600 million by 2023, from US$ 42900 million in 2017. Cruise is a passenger ship used for recreational and leisure voyages, in which the journey itself and the onboard amenities, attractions, activities and entertainment options are integrant part of the cruise experience….
Jan De Nul Group has successfully completed the installation of a new 83 Tonnes crane on top of the offshore substation of the 350MW Wikinger Offshore Wind Farm in Germany, 75 kilometres off the coast. This OWF, operated by Iberdrola, is connected to the German power grid and supplies green energy to approximately 350,000 homes…
A new wood-chip carrier for Hokuetsu Corporation was delivered on September 11 at Oshima Shipbuilding Co. Ltd. in Saikai city, Nagasaki, Japan, and a naming and delivery ceremony was held on the same day. NYK and Hokuetsu have a long-term contract for this vessel. The 60,360 dwt newbuilding, was handed over to the company at Oshima…
Vinalines is seeking approval from the government for building two container terminals at Lach Huyen Port in northern Hai Phong City. Nguyen Canh Tinh, director of the state-run Vietnam National Shipping Lines (Vinalines), said its subsidiary, Haiphong Port JSC, would build terminals No.3 and No.4 at the port. He said the Haiphong Port JSC used…
A mooring buoy is a floating structure that is used to moor vessels either cruise ships, fishing boats, cargo ships, private ships, or even seaplanes while in deep water or shallow water. Before we delve into the question of mooring buoy, let’s first understand the basics. Mooring is the act of securing a vessel to…
Shipping confidence dipped very slightly in the three months to end-August 2018, according to our latest Confidence Survey. The average confidence level expressed by respondents was down to 6.3 out of a maximum possible score of 10.0, this compared to the four-year-high of 6.4 recorded in May 2018. Confidence on the part of owners, however,…
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced the company, along with U.K.-based Rolls-Royce Marine jointly conducted a demonstration test on a ferry equipped with the Intelligence Awareness System (IAS). The ferry, operated by MOL Group company Ferry Sunflower Co., Ltd. (President: Atsushi Igaki; Headquarters: Kobe-shi, Hyogo Prefecture) serves Japan’s Seto…
Thanks to detailed planning by Combi Lift’s project management team in Bremen and tight monitoring by Combi Lift’s on-site team in Russia, discharging was finalised on September 16, 2018. The Linde Group hired Combi Lift to be the exclusive logistics partner for oversized and heavy lift cargo for the Gazprom Amur GPP Project. The transport…
After the international sanctions against Iran were lifted in 2016, DNV GL reopened its office in Tehran. During these two years, we have mainly delivered classification services to international shipping companies. In May the United States government announced reintroduction of sanctions against Iran in two stages, on 6 August and 4 November 2018, respectively. A…
The Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced search rescue operations for the abducted 12 crew members onboard MV GLARUS owned by ALLISON Shipping which was hijacked off Bonny Island in Rivers State to ensure that they are found and released unconditionally. Speaking in Lagos on Monday, the Director-General of the Agency, Dr….
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