Wärtsilä chosen for propulsion of hopper dredger
TECHNOLOGY group Wärtsilä has been chosen by Dutch shipbuilding company Damen Shipyards Group to provide the main propulsion solutions for a large Marine Aggregate Dredger. The...
Drought dampens economic outlook, Deloitte report claims
DROUGHT and falling house prices are among the factors dragging down the Australian economy, according to a new report by analysts Deloitte. However the report also noted likely...
MSC unleashes giant boxship
MEDITERRANEAN Shipping Company has deployed a giant on the east-west network. At some 400 metres, MSC Gülsün has a record-size capacity for a container ship of 23,756 TEU and is...
Brookfield to acquire Genesee & Wyoming
BROOKFIELD Infrastructure is to acquire Genesee & Wyoming as part of a US$8.4bn deal, it has been announced. The transaction is set to result in G&W becoming a privately held...
British marines seize Iranian oil tanker
ROYAL Marines have seized control of Iranian oil tanker Grace 1 off Gibraltar. Marines boarded the vessel off British-controlled Gibraltar, apparently following a request from the...
DP World confirms Topaz acquisition
DP WORLD has announced the acquisition of Topaz Energy and Marine from Renaissance Services and Standard Chartered Private Equity for an enterprise value of US$1.1bn. Topaz is a...
Big ocean carriers continue blockchain expansion
INTERNATIONAL shipping giants Hapag-Lloyd and Ocean Network Express have confirmed they will join TradeLens, a blockchain-enabled digital shipping platform developed by A.P....
Larger cruise ships on the horizon, ACA CEO says
AUSTRALIA and its ports needs to prepare for new Oasis-class cruise ships, the largest cruise vessels on the planet, a conference in Townsville has heard. There are currently four...
IMO 2020 compliance presents credit risks, Moody’s says
INTERNATIONAL credit agency, Moody’s Investor Service, says complying with the International Maritime Organization’s 2020 emissions standards will weigh on shipping companies’...
Import permits aimed at reducing pest threat
FROM 1 September 2019, import permits will be required for cut flowers and foliage sent to Australia produced using a systems approach from Kenya, Colombia and Ecuador. Importers...
Artificial intelligence to create port jobs: analyst
GLOBAL trends towards the use of artificial intelligence are likely to generate jobs in the ports sphere, a conference in Townsville has heard. Peter Creeden, director of MPC...
VIDEO: Pilot boards ship in large seas
FOOTAGE on YouTube reveals the challenges marine pilots face when boarding ships in rough seas. The pilot’s cutter approaches a ship but the pilot is prevented from boarding...
Maersk Spot aims to simplify buying process
INTERNATIONAL shipping giant Maersk has announced a new product called Maersk Spot, an online concept aimed at breaking the cycle of overbookings. According to Maersk, the new...
International Day of the Seafarer recognised
MARITIME Industry Australia has used the International Day of the Seafarer (25 June) to reflect upon the role of sailors across the globe. Chief executive Teresa Lloyd also spoke...
Leading insurer partners with Global Maritime Forum
MARITIME insurer North P&I Club says shaping the future of the industry is behind its decision to partner with the Global Maritime Forum. The forum is a global platform that aims...
