BC Ferries Chooses SCHOTTEL Propulsion
SCHOTTEL said it secured an order to provide propulsion units for four 81-meter hybrid-electric road ferries ordered by Canadian operator BC Ferries from Damen Shipyards Galati in Romania.Captain Jamie Marshall, Vice President, Business Development and Innovation at BC Ferries…

Baltic Index Slips to 9-Month Low
The Baltic Exchange's main sea freight index fell to its lowest level since early April last year on Tuesday, weighed down by weaker demand for vessels across all segments.The Baltic index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell 40 points, o

Coal Carrier Sunshine Pride Delivered
Today, Sunshine Pride, an NYK-operated coal carrier for Joban Joint Power Co. Ltd., was delivered by Japanese builder Tsuneishi Shipbuilding Co.

Norwegian OSV Player Enters Tanker Game
Standard Drilling, an offshore driller turned offshore support vessel owner, has now decided to make another shift in its game.The company, which in 2013 sold off its offshore drilling rigs, only to return as offshore vessel owner in 2016, on…

GMT Invests in Argo Travel Group
Global Marine Travel, a Florida-based travel management company to the maritime industry, has partnered with the Greek travel firm Argo Travel Group to enhance its travel offering, particularly in terms of service delivery and driving growth in the Greek and international markets."In Argo…

Malaysia in Shanghai LNG Supply Pact
Malaysian state-run giant Petroliam Nasional (Petronas) subsidiary Petronas LNG (PLL) has signed a 12-year liquefied natural gas (LNG) supply deal with China’s Shenergy Group. Under the terms of the 12-year heads of agreement (HOA), Petronas…

Hydroniq’s Coolers for Nexans
Norwegian shipyard Ulstein Verft has contracted the compatriot supplier of marine coolers for all types of vessels, Hydroniq Coolers, to deliver the seawater cooling system to the cable laying vessel (CLV) Nexans Aurora.The Pleat coolers will…

MSC Cruises Orders 2 LNG-Powered Cruise Ships
Geneva-based global cruise line MSC Cruises has signed a contract with the French shipbuilder Chantiers de l’Atlantique to build the third and fourth liquefied natural gas (LNG)-powered MSC World Class ships.The two parties announced that a…

Oil, Gas Players Optimistic on Profits
Companies  in the oil and gas sector are optimistic about their ability to achieve their financial targets for 2020, according to a survey from standards agency DNV GL.While the sector’s growth hangs in the balance for 2020, oil and gas leaders are optimistic that they will weather the storm…

DMA Sells an Inspection Ship
The Danish Maritime Authority, a government agency of Denmark that regulates maritime affairs, has sold the inspection vessel JENS SØRENSEN to the Norwegian shipping company Cesam Rederi AS.The inspection vessel POUL LØWENØRN will handle all…