Pacific Basin in $88.5 million four vessel buy; Paris MoU will take new sulfur limits seriously “from day one”

Pacific Basin in $88.5 million four vessel buy
May 14, 2018 — Hong Kong headquartered Pacific Basin Shipping reports that, through a subsidiary, it has entered into four separate ship contracts for the acquisition of four vessels from four sellers (referred to only as Sellers A, B, C, and D).

Paris MoU will take new sulfur limits seriously “from day one”
Port state control authorities will take enforcement of new fuel sulfur limits seriously “from day one,” says Richard Schiferli, Secretary General of the Paris Memorandum of Understanding on Port State Control (Paris MoU).dots.JPG
Rolls-Royce and AXA in LOI on risk reduction and autonomous ships

The two companies are to explore ways in which they can bring a new offering to the marine market, utilizing Rolls-Royce Ship Intelligence systems and equipment and AXA’s risk analytics capabilities to support current sailing and future vessels.dots.JPG
Fincantieri in MOU with Australian 3D printing innovator

Titomic says that it has entered into a Memorandum of Understanding with Fincantieri Australia that will last for 12 months and will evaluate the potential for the Titomic Kinetic Fusion additive manufacturing process to be used in Fincantieri’s shipbuilding activities.dots.JPG
ZIM names Xavier Destriau as new CFO

He succeeds Yohai Benita who is stepping down after 11 years with ZIM and who has served as acting CFO for the past 12 months.dots.JPG
Redline rolls our diagnostic leak detection system for Cat dealers

Redline says the Caterpillar high pressure diagnostic leak detector simulates the boost load of a running marine, on-road or off-road engine so the vessel or vehicle can be tested with the engine safely off.dots.JPG
Tuco Marine sells another fish farm support boat to Norway

To be delivered in summer 2018, the boat will be outfitted and utilized as a fast and flexible dive boat for fish farming service and construction works.