Fincantieri, MERMEC Make Joint Offer for Vitrociset
Italian shipbuilding group Fincantieri and engineering group MERMEC have presented a joint offer for technology group Vitrociset, a source close to the matter said on Tuesday, adding that a potential deal could be struck in the near term.News of the offer for Vitrociset, which provides products, sys

Lockheed Wins $451 Combat Ship Contract
Lockheed Martin Corp is being awarded a $451 million contract modification to a previously awarded contract for material and detail design in support of the construction of four Multi Mission Surface Combatant ships, the Pentagon said on Monday.The contract involves foreign military sales to Saudi A

‘Lava Bomb’ Strikes Tourist Boat in Hawaii
Nearly two dozen sightseers were injured from a lava explosion that sent molten debris hurtling onto a tourist boat in Hawaii. Officials said one passenger suffered a broken leg and others were burned when the volcanic blast launched a “basketball…

Great Lakes Iron Ore Trade Up Slightly in June
Shipments of iron ore on the Great Lakes totaled 6.1 million tons in June, an increase of roughly one load in a 1,000-foot-long U.S.-flag freighter, the Lake Carriers’ Association reported. Shipments were 8.7 percent ahead of the month’s five-year average.Iron ore shipments from U.S.

Heavy Lifters for Offshore Renewable Market
Offshore Heavy Transport (OHT) will enter the offshore renewables and installation market with a new heavy lift transport and installation vessel, a customized Ulstein Alfa Lift design developed by Ulstein Design & Solutions BV (UDSBV) and OHT.There…

Strong Capesize Demand Drives Baltic Index Higher
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for the fifth straight session on Tuesday, propelled by strong demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, ros

Yilport Makes a Bid for Taranto Container Terminal
Yilport Holding has submitted its offer for Taranto Container Terminal concession in Italy. Ionian Sea Port Authority (AdSP), the managing institution of Port of Taranto has officially received the request of Yilport Holding to operate the entire…

Bee Paradise in the Rotterdam Port Area
The Port of Rotterdam Authority has had a swarm of bees placed on the Maasvlakte in the verge next to the Stenen Baakplein. In this section of the Honey Highway, ten thousand bees will soon be collecting pollen and nectar. The goal of this initiative…

CEMS Rolls out Hi-tech Labs in Visakhapatnam
India's Centre of Excellence in Maritime & Shipbuilding (CEMS), a well-funded startup in skill development for maritime and shipbuilding sector has announced thatits hi tech labs at Visakhapatnam are ready for starting orientation programmes for trainees.

Container Ship “Afif” Named in London Gateway
It took British Maritime Minister Nusrat Ghani just one go to activate the mechanism that sent a big champagne bottle crashing against the massive sidewall of the “Afif”. This marked the official naming of the 15,000 TEU container ship on 16 July 2018.