Maritime Reporter & Engineering News

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MARITIME REPORTER AND ENGINEERING NEWS is the premiere magazine serving the commercial and naval maritime industry – ship, boat and barge owners/operators, offshore oil drilling operations, shipbuilding, ship repair, boatbuilding and repair, marine engineers, naval architects, and other industries

Global Container Demand to Grow by 1-3% in 2020
02/21/2020
Global Container Demand to Grow by 1-3% in 2020

Global Container Demand to Grow by 1-3% in 2020

For 2020, global container demand is projected to grow by 1-3%, as per forecast by A.P. Moller - Maersk.The continued weak global…

Global LNG Demand to Double by 2040: Shell
02/21/2020
Global LNG Demand to Double by 2040: Shell

Global LNG Demand to Double by 2040: Shell

Global demand for liquefied natural gas (LNG), rose by 12.5% to hit 359 million tons last year, according to Royal Dutch Shell’s…

Kongsberg Sells HUGIN AUV System to NIOT
02/21/2020
Kongsberg Sells HUGIN AUV System to NIOT

Kongsberg Sells HUGIN AUV System to NIOT

Norwegian technology enterprise Kongsberg Maritime announced that contracts have been signed for the sale of a HUGIN AUV System to…

Green Bunker Demand Jumps at Rotterdam
02/21/2020
Green Bunker Demand Jumps at Rotterdam

Green Bunker Demand Jumps at Rotterdam

Low-sulfur fuel sales rose sharply in Rotterdam in the last quarter leading up to the implementation of International Maritime Organisation…

WACT to commence Phase 2 Upgrade
02/21/2020
WACT to commence Phase 2 Upgrade

WACT to commence Phase 2 Upgrade

The West Africa Container Terminal (WACT) is quickly earning a reputation as the gateway to Eastern Nigeria and a strong alternative…

Diana Shipping Fixes Coronis with Koch
02/21/2020
Diana Shipping Fixes Coronis with Koch

Diana Shipping Fixes Coronis with Koch

Diana Shipping  announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte.

Ofgem Selects Hornsea One OFTO
02/21/2020
Ofgem Selects Hornsea One OFTO

Ofgem Selects Hornsea One OFTO

UK energy regulator, the Office of Gas and Electricity Markets (Ofgem), has selected Diamond Transmission Partners as the preferred…

Coronavirus to Hit Earnings: Maersk
02/21/2020
Coronavirus to Hit Earnings: Maersk

Coronavirus to Hit Earnings: Maersk

Global integrated container logistics company A.P. Moller - Maersk posted improved earnings and free cash flow for 2019, despite…

ABS to Class Largest TYPE-B VLECs
02/20/2020
ABS to Class Largest TYPE-B VLECs

ABS to Class Largest TYPE-B VLECs

A Pair of 99,000cbm VLECs Now Under ConstructionTwo of the largest VLECs ever ordered are now under construction to ABS class at…

Fitzgerald to Rejoin Crowley as COO
02/20/2020
Fitzgerald to Rejoin Crowley as COO

Fitzgerald to Rejoin Crowley as COO

Crowley Maritime Corp. announced today that Ray Fitzgerald, who began his career with Crowley and most recently served as president…

Hamburg Süd Invests in the Mediterranean
02/20/2020
Hamburg Süd Invests in the Mediterranean

Hamburg Süd Invests in the Mediterranean

Hamburg Süd is now exclusively represented by its own offices in Italy and Spain after business was previously partially handled…

Radio Holland Renews MSA with Jumbo
02/20/2020
Radio Holland Renews MSA with Jumbo

Radio Holland Renews MSA with Jumbo

Jumbo Shipping has renewed its MSA (Managed Service Agreement) contracts with Radio Holland,The renewal of the MSA contracts concerns…

NWSA January Container Volumes Drop
02/20/2020
NWSA January Container Volumes Drop

NWSA January Container Volumes Drop

The Northwest Seaport Alliance’s total container volume for January 2020 was 263,816 twenty-foot equivalent units (TEUs), a 19.1%…

Baltic Index Gains for Fifth Session
02/20/2020
Baltic Index Gains for Fifth Session

Baltic Index Gains for Fifth Session

The Baltic Exchange's main sea freight index rose for the fifth straight session on Thursday, supported by an uptick in demand across…

Excelerate to Manage FSRUs In-house
02/20/2020
Excelerate to Manage FSRUs In-house

Excelerate to Manage FSRUs In-house

Houston-based Excelerate Energy’s unit, Excelerate Technical Management (ETM) has been authorized to operate as ship manager for…

Ingeteam Tech for Wallenius LNG Vessel
02/20/2020
Ingeteam Tech for Wallenius LNG Vessel

Ingeteam Tech for Wallenius LNG Vessel

Electric power conversion specialist Ingeteam has signed the contract with Yantai CIMC Raffles Offshore (China) for Swedish Wallenius…

Elengy Acquires Fosmax LNG
02/20/2020
Elengy Acquires Fosmax LNG

Elengy Acquires Fosmax LNG

Elengy, a subsidiary of French energy group Engie, has acquired French energy group Total's 27.5% stake in Fosmax LNG, owner of the…

COVID-19 Could Impact Indian Shipping
02/20/2020
COVID-19 Could Impact Indian Shipping

COVID-19 Could Impact Indian Shipping

India’s shipping and ports industry is likely to be negatively impacted by the outbreak of coronavirus (COVID-19) across China and South-East Asia…

Alphabet Winds Down Makani
02/20/2020
Alphabet Winds Down Makani

Alphabet Winds Down Makani

Alphabet, Google's parent company, announced that it is calling it quits on its efforts to build and monetize its Makani wind energy…

Denmark Needs More Women at Sea
02/20/2020
Denmark Needs More Women at Sea

Denmark Needs More Women at Sea

Danish Shipping is focusing on enhanced participation of women in shipping and has introduced many initiatives that have been launched…

First Subsea Guards NnG OWF
02/20/2020
First Subsea Guards NnG OWF

First Subsea Guards NnG OWF

First Subsea, part of the First Tech Group based in Aberdeen, has won the inter-array cables protection contract from DEME at the…

EDS Wraps Up Horns Rev 3 Work
02/20/2020
EDS Wraps Up Horns Rev 3 Work

EDS Wraps Up Horns Rev 3 Work

UK high voltage engineering specialist EDS HV Group has completed consultancy work at Vattenfall's 407MW Horns Rev 3 (HR3) wind farm…

Finland Accedes to Cape Town Agreement
02/20/2020
Finland Accedes to Cape Town Agreement

Finland Accedes to Cape Town Agreement

Finland has become the latest State to become Party to the Cape Town Agreement on fishing vessel safety, said International Maritime…

Port of Maputo Deepening Ops Complete
02/19/2020
Port of Maputo Deepening Ops Complete

Port of Maputo Deepening Ops Complete

Jan De Nul Group reports that it has finished the maintenance dredging operations in the Port of Maputo, Mozambique, for the Maputo Port Development Company.

Chevron Marine Publishes New White Paper
02/19/2020
Chevron Marine Publishes New White Paper

Chevron Marine Publishes New White Paper

Lubricating duel-fuel auxiliary engines: a practical approachChevron Marine has released the latest in a series of white papers focusing…

Younger Wins Engineering Award
02/19/2020
Younger Wins Engineering Award

Younger Wins Engineering Award

Buck Younger, Vice President of Engineering with VT Halter Marine, was named the Marine Engineer/Naval Architect of the Year by the…

Calhoun Steps In as WCI's Interim President/CEO
02/19/2020
Calhoun Steps In as WCI's Interim President/CEO

Calhoun Steps In as WCI's Interim President/CEO

Waterways Council, Inc. (WCI) Senior Vice President Deb Calhoun has taken over as Interim President/CEO, effective February 18, 2020…

SCHOTTEL Propulsion for Turkish-built Tug
02/19/2020
SCHOTTEL Propulsion for Turkish-built Tug

SCHOTTEL Propulsion for Turkish-built Tug

SCHOTTEL said it has secured a contract with Turkish shipbuilder Med Marine to provide propulsion units for a newly built escort and harbor tug.

Hapag-Lloyd Raises 2019 Operating Profit by 80%
02/19/2020
Hapag-Lloyd Raises 2019 Operating Profit by 80%

Hapag-Lloyd Raises 2019 Operating Profit by 80%

German container shipping line Hapag-Lloyd raised its 2019 operating profit by 80% to 811 million euros ($875.47 million) as it earned higher freight rates and

Japanese Doctor Blasts Ship Quarantine
02/19/2020
Japanese Doctor Blasts Ship Quarantine

Japanese Doctor Blasts Ship Quarantine

A Japanese infectious disease specialist has castigated his government's handling of quarantine on a coronavirus-stricken cruise ship…

Measuring the Hostile Ocean Beneath Hurricanes
02/19/2020
Measuring the Hostile Ocean Beneath Hurricanes

Measuring the Hostile Ocean Beneath Hurricanes

Unmanned Vehicles Collect Data for Improving Storm ForecastsThe influences of ocean conditions and currents on living environments…

IHC Launches Dredger for NMDC
02/19/2020
IHC Launches Dredger for NMDC

IHC Launches Dredger for NMDC

Dutch shipbuilder Royal IHC launched a new trailing suction hopper dredger (TSHD) for the United Arab Emirates' National Marine Dredging…

2020 Vision
02/19/2020
2020 Vision

2020 Vision

The Congress worked hard and most importantly together at the end of the recently-concluded First Session in December to finalize…

Petronas Inks 12-yr Contract with K-Line
02/19/2020
Petronas Inks 12-yr Contract with K-Line

Petronas Inks 12-yr Contract with K-Line

Malaysian national oil company Petronas’ subsidiary Petronas LNG Ltd recently signed a 12-year time charter party (TCP)  with a Japanese…

CGG Officially Exits Seismic Data Biz
02/19/2020
CGG Officially Exits Seismic Data Biz

CGG Officially Exits Seismic Data Biz

French-based geophysical services company CGG announced that it has completed the wind-down and exit from its land seismic data acquisition…

GE Appoints Grid Solutions Chief
02/19/2020
GE Appoints Grid Solutions Chief

GE Appoints Grid Solutions Chief

GE Renewable Energy has announced that Heiner Markhoff has been named vice-president and CEO of Grid Solutions, effective March 20…

Golar LNG Pact with BR Distribuidora
02/19/2020
Golar LNG Pact with BR Distribuidora

Golar LNG Pact with BR Distribuidora

Golar Power, which offers integrated liquefied natural gas (LNG) based downstream solutions, and Petrobras Distribuidora S.A. (BR…

GTT Wins 2 LNG Tank Design Orders from Hyundai
02/19/2020
GTT Wins 2 LNG Tank Design Orders from Hyundai

GTT Wins 2 LNG Tank Design Orders from Hyundai

French multinational naval engineering company Gaztransport & Technigaz (GTT) has received two orders from the Korean shipyards,…

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