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Tuesday, 16 October 2018
EU funded program funds new sail system for autonomous boats
 
Marine-i, an EU funded program created to advance marine innovation in Cornwall, has made a grant award to the Falmouth-based company, Kiote. This company has created a new concept in sail technology that can propel an autonomous vessel. The system could be automatically controlled
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Tuesday, 16 October 2018
New algorithm helps in creation of more resilient offshore platforms
 
Engineers at MIT have created an algorithm that presents the types of extreme events that are likely to take place in a complex system, such as an ocean environment, where waves of various magnitudes, lengths, and heights can create pressure on a ship or offshore platform. The researchers can simulate the forces that extreme events can generate on a structure.
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Tuesday, 16 October 2018
Williams bullish on bulkers amid warning technology will soften shipping rate spikes
 
Researcher says balance looks positive for key markets but notes shipowners could become price takers throughout the cycles....
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Tuesday, 16 October 2018
POSH banks $2.48m from Kensteel claim
 
Singapore OSV owner gets paid after legal row over property sale....
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Tuesday, 16 October 2018
Cascading in large-boxship market is starting to spread
 
As charter rates fall, a ready supply of low-cost containerships in excess of 5,000 teu is encroaching on services of smaller vessels...
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Tuesday, 16 October 2018
Capital agrees $200m Chinese leasing deal for VLCC quartet
 
Deal for Samsung newbuildings may open path to more Chinese funding for large tankers....
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Tuesday, 16 October 2018
SSY plans entry into derivatives for LNG
 
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Tuesday, 16 October 2018
Uljanik Plovidba tanker arrested over wages
 
Australia wants more information on late payment made before Pomer arrived in Gladstone....
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Tuesday, 16 October 2018
Pareto places buys on merger candidates Hunter and Okeanis
 
Analysts believe the companies will get their newbuildings at the right time, but will they all join one fleet?...
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Tuesday, 16 October 2018
ONE facing bigger first-half loss as teething troubles surface
 
UPDATE: Japanese boxship line adds $272m to six-month deficit forecast after staff struggled with new IT systems; full year loss to be $600m....
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