China will encourage mergers and consolidations among central government-held shipping companies, the head of the state assets regulator said on Tuesday.Xiao Yaqing, chief of state-owned Asset Supervision and Administration Commission (SASAC) was speak…
China to Encourage Shipping Consolidation Read More »
Bureau Veritas, Naval Group and Dassault Systèmes has announced that a 3D classification process has been applied to a significant naval vessel for the first time. This marks a major step forward in the design review and calculation modelling…
First 3D Classification Process for a Significant Vessel Project Read More »
Damen’s radical new ‘always bow first’ RSD Tug 2513 has reached the final stage of this year’s prestigious Maritime Award KNVTS Ship of the Year prize. As one of the last three entrants in contention for the award, the Damen RSD Tug 2513 will be judged…
Damen’s RSD Tug 2513 Nominated for KNVTS Award Read More »
The Evac Evolution ballast water management system (BWMS), designed and manufactured by Cathelco, has been added to the pending list for U.S. Coast Guard Type Approval under the Cathelco name.When Finnish-based Evac acquired Cathelco earlier this year…
Evac Evolution BWMS On USCG ‘Pending List’ Read More »
Danske Bank’s largest shareholder, the Maersk family, has ousted the lender’s chairman after a money laundering scandal that has also forced out its chief executive.A.P. Moller Holding, which controls about 21 percent of the share capital in the bank…
Maersk Ousts Danske Bank Chairman after Scandal Read More »