Coldharbour Marine, developer of a unique in-tank, in-voyage and inert gas-based ballast water treatment system for large tankers, bulkers and LNG vessels, has signed an agreement with Sembcorp Marine

The significant opportunities that can be realised by utilising developments in connectivity to drive e-procurement within the maritime sector was the key theme at the annual Smart Procurement Conference organised by ShipServ, the world’s leading maritime e-procurement platform.

 Mobile software solution streamlines onboard tasks for Subchapter M compliance.

The latest development will enable customers to monitor their emissions according to the EU’s Monitoring Reporting and Verification (MRV) regulation requirements, which come into effect 1st of January 2018.

Rolls-Royce has been assigned by the Brazilian ship owning company CBO to equip an existing offshore platform supply vessel (PSV) with a new patented dual draglink (DDC) subsea crane.

Marine solar power, batteries, mounting frames and computer systems to be customized for jack-up rigs and offshore platforms.

Shell Marine is introducing its Marine Integrated Lubrication and Expert Solutions (MILES) programme, its new and unique approach in lubricants management.

ABS, a leading provider of classification and technical services to the marine and offshore industries, continues to support innovation in industry.

Following on the breaking news that Scorpio Tankers is to buy the 10 LR1/2s owned by Navig8 Product Tankers, as well as take over the 17 vessels on Bare Boat Charter to Navig8, VV has put together some quick stats.
It’s interesting that Scorpio Tankers are buying now. 5 year old LR1 tanker values have been pretty flat since mid January 2017. Here is VesselsValue's Fixed Age market value for a 5 year old LR1 vessel over the last 5 years:

Navig8 Product Tankers owned 10 of the vessels involved in this deal, a mix of LR1 and LR2 tankers. They are worth a total of 362.52 million USD today.
The other 17 involved in the deal are chartered in on bare boat from CSSC Shipping, China Merchants Bank, Bank of Communications and Ocean Yield ASA.  These 17 vessels have a market value today of 661.64 million USD. Scorpio are going to take over the charter contract for these vessels, with the possibility of buying them once the charter is over. At this stage we are going to keep these vessels belonging to their owners until Scorpio buy them.
Here are the new rankings of the top 5 tanker owners before and after the 10 Navig8 Product Tanker vessels are bought by Scorpio Tankers:

Coldharbour Marine, developer of a unique in-tank, in-voyage and inert gas-based ballast water treatment system for large tankers, bulkers and LNG vessels, has signed an agreement with Hansun

 Jamaica’s Special Envoy to the International Maritime Organization (IMO) Council, Rear Admiral Peter Brady, is calling for the implementation of internationally accepted regulations, to

After careful consideration Rolls-Royce Marine Deutschland GmbH has sold its Intering business to Hoppe Marine GmbH, Hamburg.

Piraeus Port Authority is investing Euro 294mn over a five-year period to upgrade its existing infrastructure and help it increase its competitiveness in the lucrative East Med cruise sector.

Europort 2017 will once again feature a series of masterclasses allowing leading maritime and offshore professionals and experts to share knowledge and experiences on the hot topics facing ship owners, operators and suppliers.

Από σήμερα, 18 Μαΐου, διαθέσιμη για τους χρήστες είναι η επανασχεδιασμένη ιστοσελίδα της Celestyal Cruises, εγκαινιάζοντας τη νέα διαδικτυακή εικόνα της εταιρείας, στην ίδια ηλεκτρονική διεύθυνση www.celestyalcruises.com,

On the occasion of the 828th HAMBURG PORT ANNIVERSARY, AIDA Cruises presented a huge anniversary fireworks display yesterday evening – for the port and one year of AIDAprima.