Leonardo CEO Dismisses Renzi's Idea of Tie-Up with Fincantieri
The chief executive of Italian defence group Leonardo on Friday dismissed the idea of a potential tie-up with shipbuilder Fincantieri recently floated by former Prime Minister Matteo Renzi.The two groups are both controlled by Italy's Treasury…

Saudi Attacks, High Demand Leaves U.S. Short on Oil Tankers
A disruption in global oil flows following attacks on Saudi Arabian facilities has left U.S. crude exporters without enough tankers to cover rising demand for cargoes, traders and shipping sources said.Missile attacks last Saturday temporarily…

DNV GL Grants AIP for DSME Ethylene Carrier Cargo Tank
At Gastech trade fair in Houston, DNV GL presented South Korea’s Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) with Approval in Principle (AIPs) certificates for two new 98,000 cubic meter (cbm) ethylene carrier cargo tank designs.

Iridium Certus Now Available as Companion to KVH VSAT Systems
KVH Industries, Inc., (Nasdaq: KVHI), has announced that the Iridium Certus service is now available from KVH as a companion for KVH’s TracPhone mini-VSAT Broadband systems. Iridium Certus is a next-generation L-band solution providing pole-to-pole global coverage and featuring small-form-factor…

BIO-UV Acquires Triogen Holdings
BIO-UV Group, the manufacturer of the BIO-SEA ballast water treatment system, has acquired a 100% stake in Scotland-based Triogen Holdings and its subsidiary Suez Purification and Disinfection Systems from Suez Water Technologies & Solutions.Triogen supplies water treatment solutions based on ozone…

Port of Cape Town Orders Workboat Pair
Transnet National Ports Authority (TNPA) will secure two new workboats by 2022 to boost marine operations at the Port of Cape Town and ensure it is recognized internationally for excellence.The more powerful workboats are expected to improve…

Turkey/Norway Diesel-Electric-Battery Ferry
With a rugged coastline and many fjords to cross, Norway has become a world leader in progressive ferry design. Turkey, with a skilled work force and broad marine experience has become a leader in ferry construction. Put the two together and…

Damen Completes Maintenance on Innovation
Heavy-lift jack-up vessel Innovation, one of DEME’s DP2 installation vessels, left Damen Verolme Rotterdam shipyard in early September 2019 following a major refit. Innovation spent several months in the Verolme shipyard undergoing renewal of…

Weak Demand Drags Baltic Index Down
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the 12th consecutive session on Friday, weighed down by lower capesize and panamax rates.* The Baltic index, which reflects rates for capesize…

CG Responds to Breakaway Barges Striking Bridge in Texas
The Coast Guard is responding after at least two barges struck the I-10 San Jacinto River Bridge near Channelview, Texas, Friday.At 12:05 a.m., Sector Houston-Galveston watchstanders received a report that nine barges had broken away from their moorings at the San Jacinto River Fleet…