Ulstein Group Recorded A Major Operating Loss Of NOK – 211.6 Million In 2018

Ulstein Group Recorded A Major Operating Loss Of NOK – 211.6 Million In 2018

In 2018 it was recorded by Ulstein Group that there is revenue of NOK 1.89 billion and an operating loss of NOK 211.6 million. The low exploitation of capacity in parts of the group, large restructuring...
Damen Begins Construction Of The First Revolutionary New Design Concept Of FCS 7011

Damen Begins Construction Of The First Revolutionary New Design Concept Of FCS 7011

Damen Shipyards Antalya, Turkey is laying the keel for the revolutionary design for the first time which is two and a half years on from the genesis of the FCS 7011 concept in response to extensive...
ABS Certified ARIES For Remote Inspection Techniques Specialist

ABS Certified ARIES For Remote Inspection Techniques Specialist

ARIES oil field services has become the first establishment in the Middle East to be approved and certificated for Remote Inspection Techniques specialist (UAV) for Ships and Offshore units by ABS. Remote inspections using drones is...
At AFLAS Awards MSC Titled As Best Shipping Line Asia–Africa Award

At AFLAS Awards MSC Titled As Best Shipping Line Asia–Africa Award

At the prestigious Asian Freight, Logistics and Supply Chain (AFLAS) Awards, MSC have won the Best Shipping Line that is Asia – Africa category underlining the company’s strong position in the region. As there was growth in...
Maersk Offers New Carbon-Neutral Transport In The Industry

Maersk Offers New Carbon-Neutral Transport In The Industry

The first kind of a new carbon neutral product in the industry is being piloted with select Maersk customers who are highly engaged in sustainable solutions for their supply chain. The first company to trial it...
Portline Bulk Int. Pleads Guilty For Falsifying Oil Record Book

Portline Bulk Int. Pleads Guilty For Falsifying Oil Record Book

Portline Bulk International S.A. pleaded guilty for one count of violating the Act to Prevent Pollution from Ships and one count of Obstruction in federal court in Charleston, South Carolina. The charges was caused because of the...
The Key In IMO's Ballast Water Management Is To Identify Marine Life

The Key In IMO’s Ballast Water Management Is To Identify Marine Life

The key for the countries preparing to enforce IMO’s Ballast Water Management Convention is to identify organisms and microbes in ballast water, as well as monitor port marine life where ballast water may be released. The...
MOL Announced Agreement With 'GAIL' Regarding Charter Contract For One LNGC

MOL Announced Agreement With ‘GAIL’ Regarding Charter Contract For One LNGC

Mitsui O.S.K. Lines, Ltd. (MOL) announced that anagreement has been signed between them and GAIL (India) Limited (Head Office: New Delhi, India). The agreement has been signed through a wholly owned subsidiary of MOL, which is...
First European Dredger Converted To Dual-Fuel LNG / MGO Departs DSDu For Work

First European Dredger Converted To Dual-Fuel LNG / MGO Departs DSDu For Work

After 23 months of contract signing, the first European dredger that is converted to dual-fuel LNG/MGO propulsion has departed Damen Shiprepair Dunkerque (DSDu) to return for work. Its length is 117 metre, with 8,500m³ trailing suction...
iContainers Says Maritime Industry To Be ‘Shaken’ After IMO2020 Implementation

iContainers Says Maritime Industry To Be ‘Shaken’ After IMO2020 Implementation

Online freight forwarder iContainers says that after the implementation of the IMO2020 regulation maritime industry will be left ‘shaken’ for at least a year. In the seven months the new rule will come into effect and has...