FURUNO, Cosco Shipping Technology and HEISEI TRADING Establish Joint Venture to Develop the Maritime Business in China

FURUNO, Cosco Shipping Technology and HEISEI TRADING Establish Joint Venture to Develop the Maritime Business in China

FURUNO ELECTRIC CO., LTD. announced yesterday that on 10th of September, FURUNO, COSCO SHIPPING Technology (CS Tech) which is a group company of China COSCO Shipping Corporation Limited, and HEISEI TRADING CO., LTD …
Sep 13, 2018 /  Curious
Rolls-Royce and MOL verify enhanced navigational safety with Intelligent Awareness tests aboard passenger ferry

Rolls-Royce and MOL verify enhanced navigational safety with Intelligent Awareness tests aboard passenger ferry

The capacity for Intelligent Awareness and machine learning technologies to significantly improve navigational safety has been verified by Rolls-Royce and Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL), …
Sep 11, 2018 /  Curious
Gulf Navigation Holding upgrades its fleet to meet new IMO standards

Gulf Navigation Holding upgrades its fleet to meet new IMO standards

Upgrading the ships with state-of-the-art technologies reduces the company’s operational expenses by over 5% and enables its fleet to compete globally by entering EU and US markets Gulf Navigation Holding (PJSC), …
Aug 15, 2018 /  Curious
Bilfinger Secures Scrubber Orders Worth Millions from Maritime Shippers

Bilfinger Secures Scrubber Orders Worth Millions from Maritime Shippers

Freighters and tankers to be fitted with flue-gas scrubbers Contracts with a value in excess of 40 million euros Scrubber technology has huge market potential The industrial services provider Bilfinger is …
Aug 14, 2018 /  Curious
CNCo expands North America presence with new office in Vancouver

CNCo expands North America presence with new office in Vancouver

The China Navigation Company (CNCo), celebrated the official opening of its new branch office in Vancouver, British Columbia, Canada, on 9 August 2018. Caption: CNCo Vancouver opening ceremony   The …
Aug 13, 2018 /  Vessels
MILAHA net profit increases 11% to QAR 297Mln for H1 2018

MILAHA net profit increases 11% to QAR 297Mln for H1 2018

Qatar Navigation (Milaha) Q.P.S.C. today announced its financial results for the six months ended June 30, 2018. Key financial highlights: Operating revenues of QAR 1.25 billion for the six months ended June 30, …
Jul 30, 2018 /  Finance
Rosatomflot extends its winter-spring navigation period amid challenging ice conditions

Rosatomflot extends its winter-spring navigation period amid challenging ice conditions

Challenging ice conditions in the water area of the Northern Sea Route stipulate the extension of the winter-spring navigation of nuclear-powered icebreakers of FSUE Atomflot. For the first time in four years, fast ice …
Jun 21, 2018 /  Vessels
MES-S Delivers 66,000 DWT Bulk Carrier Kedros

MES-S Delivers 66,000 DWT Bulk Carrier Kedros

Mitsui E & S Shipbuilding Co., Ltd. (MES-S) completed and delivered a 66,000 dwt type bulk carrier mv KEDROS (Hull No.1943) at its Tamano Shipyard on 14th June, 2018 to KEDROS NAVIGATION SA, …
Jun 15, 2018 /  Vessels
STASCo Reinforces Commitment to BMT’s REMBRANDT

STASCo Reinforces Commitment to BMT’s REMBRANDT

Shell International Trading and Shipping Company Ltd (STASCo) has signed a contract with BMT which will see the shipping giant purchase its own in-house licence of BMT’s industry-leading navigation simulator, …
Apr 25, 2018 /  Curious
Oldendorff Carriers buys four Babycapes and takes two sister vessels on period charter from Interorient Navigation, Cyprus

Oldendorff Carriers buys four Babycapes and takes two sister vessels on period charter from Interorient Navigation, Cyprus

Oldendorff Carriers is expanding its fleet of Babycapes further by buying four 115,000 tdw bulk carriers from companies controlled by Interorient Navigation Co Ltd, Cyprus and taking two sister vessels on period charter …
Apr 25, 2018 /  Vessels