Singapore-based offshore services company Vallianz has closed its repair and maintenance shipyard in Singapore, and the move will soon be followed by another closure in the region when Hyundai Heavy Industries closes its Gunsan yard.
Dutch shipbuilder Veka Group is building two hybrid trimarans for transporting personnel and freight to offshore wind farms. The company claims that the vessels will be the first hybrid trimarans in the world.
This year, a number of Danish organizations will be running a pilot Internet of Things project to test the collection of real-time data from equipment onboard ships. The Aalborg-based company GateHouse is behind the pilot project, and a number of other companies including the shipowner Uni-Tankers, Logimatic and the Danish Maritime Authority will contribute to the testing of the new technology.
Bulker operators are seeing solid improvements after the record low day rates reached earlier this year: the Baltic Dry Index stood at nearly 1,200 early this month, a fourfold increase over the levels reached in February 2016.
Leaders from global shipping firms, freight forwarders, brand owners whose products are counterfeited and organizations representing both industries recently signed a joint Declaration of Intent to Prevent the Maritime Transport of Counterfeit Goods in Brussels.
The Australian Maritime Safety Authority's decision to detain a Hong Kong flagged container ship which dumped food waste in close proximity to Fraser Island in May was affirmed by the Administrative Appeals Tribunal at a recent hearing.