Search Results for "how to buy ships"

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Maritime Executive

TUI Group Exits Container Business

TUI AG has disposed of all its remaining shares in Hapag-Lloyd to exit the container shipping business and focus on tourism. The disposal of 8.5 million shares took place in an open market block tr...

Maritime Executive

Dramatic Drop in Containers Lost at Sea

The World Shipping Council (WSC) estimates that the average number of containers lost each year has dropped since 2014 by 48 percent.  Based on the most recent survey results, an average of 568 con...

Maritime Executive

Qatari Ships Banned from Ports Along Suez Canal

On Friday, Suez Canal chairman Mohab Mamish announced that Qatari vessels would be banned from the canal area's ports and its special economic zone. Qatari ships will still have access to the canal it...

Maritime Executive

Spanish Venture Promotes LNG Imports for Bunkering

DNV GL has completed a market study of the potential for LNG bunkering in Portugal and Spain, and it estimates that the demand for LNG as a marine fuel could be as high as eight million cubic meters a...

Maritime Executive

Halliburton: The Importance of Control Room Design

Hydraulic well fracturing is no small feat. It is undertaken using massive boats called simulation vessels. These colossal ships measure hundreds of feet in length and carry millions of pounds of equi...

Maritime Executive

Port Autonome de Papeete Orders a Damen ASD Tug

Damen Shipyards has won an open tender for the supply of a tug to Port Autonome de Papeete on the Pacific island of Tahiti. Tahiti is part of French Polynesia, an overseas territory of the French Repu...

Maritime Executive

Gondan Delivers Second Dual Fuel Tug

After completing its sea trials program successfully, PAX, the second dual fuel tug ever built in Europe, has been delivered to its owner, the Norwegian company Østensjø Rederi A/S. The first tug of t...

Maritime Executive

Towboat Sinks on Upper Mississippi

[Brief] On Sunday, the towing vessel Eric Haney sank on the Upper Mississippi at mile 9.7, settling to the bottom near the riverbank with about 80,000 gallons of diesel and 1,600 gallons of lube oil o...

Maritime Executive

Belzona Keeps Historic, 70 Year-Old Vessel Steaming On

Nearly 70 years on from its maiden voyage, PS Waverley is still a gleaming vision of British maritime heritage, being the last sea-going paddle steamer in the world. Listed among the National Historic...

Maritime Executive

OSV Companies Running Out of Options

As oil continues to sell below $50 per barrel, 2017 could be one of the toughest years in decades for Offshore Supply Vessel (OSV) companies, according to a study of 44 companies in the industry by Al...