The offshore oil industry boat that overturned in a deadly Gulf of Mexico disaster last week was ordered to sea in dangerous conditions by an energy company that put amp 8220 money over safety, amp 8221 a pair of $25 million lawsuits assert, reports Star Advertiser. Lawsuits filed by vessel crew....
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Published 3y-6mo-4w-19h-43m ago
Mitsui amp 38 Co. is the latest company to join the Mærsk Mc Kinney Møller Center for Zero Carbon Shipping. The center has seven founding partners and six strategic partners including Mitsui. Mitsui will plan and operate projects and also provide its knowledge throughout the entire supply chain....
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Published 3y-6mo-4w-1d-8m ago
The RMI Annual Report on marine safety investigations for 2020 records a total of 726 very serious marine casualties, marine casualties, marine incidents, and occurrences, 80 less than reported during 2019, reads a Safety4sea article. Key findings Very Serious Marine Casualties involving loss of li....
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Published 3y-6mo-4w-1d-1h-40m ago
Kongsberg Maritime KM has signed a contract to provide KM’s innovative new Extended Thruster Coverage ETC service programme to support two new ice breaking escort tugs. The agreement covers the support of the tugs’ robust US255 thrusters and ND Aquapilot remote control systems. According to ....
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Published 3y-6mo-4w-1d-3h-19m ago
An electronic logbook made available by IB to replace the historical paper logbook has been given the green light from the Liberian Register. The software allows the chief officer and the captain of the ship to record all the parameters of edge required by international sea regulations and conventio....
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Published 3y-7mo-13h-37m ago
Israeli startup ‘Captain’s Eye’ developed an AI based ship safety and security system that prevents maritime accidents and malfunctions. The company signed partnership agreements with three of the world’s leading container shipping companies and is in the midst of a large round of financing.....
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Published 3y-7mo-22h-19m ago
Standard Chartered announced today that it has become a signatory to the Poseidon Principles, a global framework that aims to align carbon emissions in the shipping industry with the international targets set by the United Nations, says an article published on their website. Contributing to climate ....
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Published 3y-7mo-23h-24m ago
Maritime Bulletin reports of an attack aboard container ship in Gulf of Guinea. Container ship attacked Container ship CONTSHIP NEW was attacked and according to Dryad, boarded, at 0900 UTC Apr 23 in Gulf of Guinea 130 nm NW of Sao Tome island, Sao Tome and Principe. The ship is en route from Port O....
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Published 3y-7mo-1d-1h-14m ago
ONEX Peace, built by Hyundai Samho Heavy Industries and delivered to its owner ONEX, has become the world’s first merchant ship to receive DNV’s SILENT E notation. DNV is the first classification society to offer an underwater noise notation. Classification society DNV has announced that ONEX Pe....
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Published 3y-7mo-1d-1h-30m ago
MAN has run risk analysis modelling envisaging the phase out of fossil fuels powering ships, says an article published in Splash247. Man Energy about the results of its AHOY50 study MAN Energy Solutions said the results of its AHOY50 study should serve as a wake up call, something made all the m....
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Published 3y-7mo-1d-8h-10m ago
The European Commission adopted today a Sustainable Finance package with the aim of improving the flow of investments towards sustainable activities and hence using financial instruments to make Europe climate neutral by 2050, says an article published in their website. ECSA Secretary General on shi....
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Published 3y-7mo-1d-11h ago
The MCA announced that 6 foreign flagged ships remained under detention in UK ports during March 2021 after failing port state control PSC inspection. The MCA publishes details of the foreign flagged vessels detained in UK ports each month. This allows the ships with a high risk rating and poor de....
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Published 3y-7mo-1d-11h-7m ago
For the first time, the International Chamber of Shipping and other groups representing over 90 per cent of maritime trade are asking the International Maritime Organisation IMO to put a price on carbon dioxide emissions, reports The Straits Times. Leaders Summit on Climate In a revolutionary join....
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Published 3y-7mo-1d-11h-39m ago
Carriers are “scraping the bottom of the barrel” for available tonnage, as the percentage of the global containership fleet commercially idle and not in dry dock has fallen to just 0.8%, reports The Loadstar. Shortage of tonnage And according to the latest Alphaliner survey, the severe shortage ....
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Published 3y-7mo-1d-11h-40m ago
Just when you thought container shipping couldn’t get any hotter, it has. Liners are desperate for more ships to handle booming cargo demand. Companies known as tonnage providers or nonoperating owners NOOs — which own ships and lease them to liners — are now achieving rates and charter dura....
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Published 3y-7mo-1d-11h-40m ago
The European Commission on Wednesday published its long awaited system to classify amp 8220 green amp 8221 investments in sectors from industry to transport, but delayed vexed decisions on whether to label nuclear energy and power plants fuelled by natural gas as green, reports reuters. Environm....
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Published 3y-7mo-1d-12h-53m ago
Study shows 50% reduction in D amp 38 D exposure. Data driven approach shapes trucker discussions nationwide to address supply chain fragmentation at destination. Full visibility of destination supply chain. Maersk North America’s Destination Cargo Management DCM product is designed to optimize....
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Published 3y-7mo-1d-21h-8m ago
The use of fossil fuels in the shipping industry will need to be banned in the latter half of the decade if the industry is to meet its decarbonization efforts. The study, carried out in partnership with the Fraunhofer Institute for Systems and Innovation Research ISI , outlines 4 scenarios that ex....
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Published 3y-7mo-1d-21h-31m ago
IRClass has launched a new service to provide certification of marine containers in accordance with IMO International Convention for Safe Containers CSC . It has released Guidelines on Certification of Containers developed by the Rule Development amp 38 Associated Research team. Indian Register ....
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Published 3y-7mo-2d-4h-41m ago
The United Nations Conference on Trade and Development UNCTAD has urged regulators to push for greater transparency in container shipping amid a protracted period of record rates and dire on time performance by the world’s top liners, reports splash247. Freight Rates UNCTAD issued Policy Brief 8....
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Published 3y-7mo-2d-4h-49m ago
The Baltic Exchange’s main sea freight index surged to its highest in over a decade on Wednesday, powered by a jump in the larger capesize vessel segment on increasing iron ore shipments from Brazil, reports Yahoo Finance. Baltic dry index The Baltic dry index, which tracks rates for capesize, pan....
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Published 3y-7mo-2d-4h-54m ago
An area near Marina South Pier has now been designated as a space for maritime drone fliers to test their wares, including by delivering 3D printed shipping parts to vessels docked near Singapore amp 8217 s shores, reports The Straits Times. Replacing manual help The country amp 8217 s first Marit....
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Published 3y-7mo-2d-9h-7m ago
The international advisory panel set up by Singapore amp 8217 s authorities last year has identified nine pathways to maritime decarbonisation, reports Ship amp 38 Bunker. The nine pathways The panel was arranged in July 2020 with the aim of developing a strategy to help the shipping industry meet....
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Published 3y-7mo-2d-12h-14m ago
The world’s major shipping organisations have called on world leaders to urgently examine the role of market based measures MBMs to ensure ambitious decarbonisation targets. These measures will be critical to incentivise the transition of the global fleet to new fuels and technologies, which wil....
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Published 3y-7mo-2d-13h-56m ago
A federal jury convicted Gilbert Fajardo Dela Cruz of aiding and abetting an environmental crime and obstruction of justice in connection with the intentional dumping. This happened in February of 2019 of oily bilge water from a commercial tanker, announced Acting United States Attorney Stephanie M.....
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Published 3y-7mo-2d-15h ago
Representatives of the International Transport Workers’ Federation seafarers as key workers Sunday boarded the MV Ever Given IMO: 9811000 to check on the health and welfare of the crew. The cargo vessel is currently anchored in Lake Bitter, in the Suez Canal system, as Egyptian authorities ....
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Published 3y-7mo-2d-15h-28m ago
One of the world amp 8217 s largest shipping companies by fleet size, AP Moller Maersk, has halted purchase of container ships that are unable to totally eliminate carbon emissions, reports Platts. Zero carbon fuels Rene Piil Pedersen, managing director of the company amp 8217 s Singapore arm, tol....
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Published 3y-7mo-2d-19h-16m ago
MPA has signed a memorandum of cooperation MoC with industry heavyweights to establish a fund for a maritime decarbonization center in Singapore. The deal was signed with BW Group, Sembcorp Marine, Eastern Pacific Shipping, Ocean Network Express, Foundation Det Norske Veritas, and BHP. The Maritim....
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Published 3y-7mo-2d-21h-11m ago
Sumitomo Corporation agreements with Corvus Energy in a joint venture. The joint venture named “Sumisho Corvus Energy amp 8221 is established as a company to sell ESS and provide the related maintenance service mainly in the Japanese market. According to an article published in Sumitomo Corpor....
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Published 3y-7mo-2d-23h-43m ago
Knud E. Hansen KEH has presented its design of a series of medium capacity LNG bunkering tankers under the name of the X gas Project. With the X gas Project, the company wanted to create a new platform that will support the clean energy transition. The platform is customizable and can be tailored ....
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Published 3y-7mo-2d-23h-54m ago
Bureau Veritas has certified and classed Singapore’s first hybrid powered ship, says a press release published in Marine Offshore. Penguin Tenaga Built, owned and operated by Singapore based Penguin Shipyard International, Penguin Tenaga is a 15 meter, 12 passenger aluminum pilot boat capable of e....
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Published 3y-7mo-3d-11m ago
Maritime digital solutions provider Alpha Ori Technologies has closed a $6m investment round. The round was jointly led by leading ship owners Hafnia and BW LPG, reports seanews. Diverse Range Mikael Skov, CEO of Hafnia, has now joined the Alpha Ori Technologies board of directors. With a diverse ra....
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Published 3y-7mo-3d-4h-47m ago
It is surprisingly common for ships and their crews to be stranded and sometimes abandoned due to disappearing owners, pay disputes, and management troubles. It could be inferred in the following case. Aisha has been the custodian of the 4,000 tonne MV Aman, trapped onboard as a prolonged legal batt....
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Published 3y-7mo-3d-11h-24m ago
The Oxyfuel process is the most widely applied industrial thermal cutting process. The scrap prices are ruling at 36,800 a ton and 12 mm re rollable steel plate is priced at 41,000 a ton. A decrease in purity of 1 per cent will typically reduce the cutting speed by 25 per cent and increase gas con....
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Published 3y-7mo-3d-12h-17m ago
amp 8220 IoS OP Seminar in Taiwan amp 8221 was held in Taipei, Taiwan on 16 April by IoS OP Consortium. 91 professionals from Taiwan’s maritime industry at the venue virtually connected to Japan. The consortium members introduced the rule and framework for sharing IoT data of ships, including ....
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Published 3y-7mo-3d-14h-36m ago
A total of 10 Filipino seafarers freed from a reported kidnapping in the Gulf of Guinea arrive in the Philippines. They were part of 15 crew chemical tanker David B. The ship was in transit along the Benin coast in the Gulf of Guinea on 11th March when the incident happened. The crew had 5 amp 82....
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Published 3y-7mo-4d-59m ago
amp 160 Singapore amp 8217 s government is seeking suggestions for how it should address decarbonisation in the run up to 2050. The government has launched a 2 month consultation exercise seeking suggestions and views on the city state amp 8217 s Maritime Singapore Decarbonisation Blueprint 205....
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Published 3y-7mo-4d-1h-46m ago
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose to 1 1/2 year peak on Monday as demand improved across vessel segments, reports Yahoo Finance. Dry bulk rates The Baltic dry index, which tracks rates for capesize, panamax and supramax....
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Published 3y-7mo-4d-5h-18m ago
Ocean carriers are investing heavily in container control systems to maximise their box fleets, says an article published in The Loadstar. Hapag Lloyd chief executive on current market conditions Chief executive of Hapag Lloyd, Rolf Habben Jansen said, “Current market conditions had increased co....
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Published 3y-7mo-4d-9h ago
The Suez Canal Authority decides to arrest the Ever Given, as leverage for its $916m insurance claim against the vessel owner, says an article published in The Loadstar. What happens to the GA process After the shipowner declares general average, the assigned average adjuster, RHL, will start assem....
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Published 3y-7mo-4d-12h-36m ago
Dry bulk stocks were the best performers up 50.3% YTD among the sectors we cover. and are pricing in 1.34x times NAV on average. The time charter rates too are at a multi year high. All these developments have created a buzz and around a potential market ‘Super cycle’. In the second week of Fe....
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Published 3y-7mo-4d-13h-30m ago
Lloyd’s Register’s Maritime Decarbonisation Hub and the Mærsk Mc Kinney Møller Center for Zero Carbon Shipping, along with A.P. Moller Maersk, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Line and Total, have formed a new project aimed at developing guidance on the safe use of ammoni....
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Published 3y-7mo-4d-20h-25m ago
GTT has developed the NO96 Super+, an evolution of the NO96 Cargo Containment System CCS , which has recently received an Approval in Principle AiP from the classification society Bureau Veritas. NO96 Super+ technology The new NO96 Super+ technology integrates insulating Reinforced Polyurethane F....
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Published 3y-7mo-4d-20h-52m ago
amp 160 Marine engineering consultancy BAR Technologies has partnered with Scandinavian scrubber manufacturer Yara Marine to bring WindWings technology, an alternative propulsion solution for larger vessels, to global shipping market. BAR Technologies and Yara Marine Technologies have reached an ....
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Published 3y-7mo-4d-21h-8m ago
Facing rising competition throughout the Indo Pacific and reminded that its mission is to use “lethal force”, the Australian navy’s decision to hire a group of twerking dancers for the commissioning of a naval vessel was an unexpected choice. It seems the strategic “pivot” to regional tens....
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Published 3y-7mo-5d-9h-6m ago
amp 160 150,000 TEU of new dry and reefer boxes plus 8,000 TEU of special containers / Delivery in 2021 to help alleviate current container shortage / Approx. USD 550 million investment one of largest for boxes in company history, says a press release published on their website. Biggest Container....
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Published 3y-7mo-5d-21h-39m ago
The VLOCs list of buy and sell orders seems to gradually decrease. 14 VLOCs are scheduled for handover this year, marking the first time annual deliveries have fallen below 25 ships in four years. The orderbook for very large ore carriers VLOCs is rapidly running out, says an article published in....
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Published 3y-7mo-5d-21h-45m ago
Departing June 5, the sumptuous MSC Orchestra will take a week long trip around the Adriatic and the Mediterranean, taking in Italy, Croatia and Greece. Its journey will begin and end with one of the world amp 8217 s most classic cruise experiences. Gliding past the iconic center of Venice, Italy, ....
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Published 3y-7mo-5d-22h-17m ago
The Gulf of Guinea accounted for nearly half 43% of all reported piracy incidents in the first three months of 2021, according to the latest figures from the ICC International Maritime Bureau IMB , reports ICC. IBM amp 8217 s Global Piracy Report IMB’s latest global piracy report records 38 in....
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Published 3y-7mo-5d-22h-42m ago
Driver recruiting problems are limiting carrier growth while the cost of operating is growing at a faster rate than ever. A similar scenario played out at the end of the 2017 18 freight boom. Cost inflation from insurance, maintenance, equipment and wages lasted beyond the yearlong freight boom that....
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Published 3y-7mo-5d-23h-4m ago
Texas based oilfield services and technology company GPS International has completed Phase 2 field testing of its patent pending method to cut methane from natural gas, reports OE Digital. This testing will accomplish a vast visible discharged reduction in Methane CH exhaust emissions. Eco friend....
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Published 3y-7mo-5d-23h-53m ago
Five people are missing after a ship sank in east China was rescued, says an article published in Shine. Rescued ship and missing people The provincial maritime department has said, “Five people are missing and one was rescued after a cargo vessel sank off the coast of east China amp 8217 s Zheji....
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Published 3y-7mo-6d-1m ago
A semi submersible drilling platform from China Merchant Heavy Industry CMHI has become the world’s first offshore unit to receive DNV’s Smart notation compliance certificate, reads the DNV website. Notation to assess vessel features The voluntary notation, awarded to SHEN LAN TAN SUO, provide....
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Published 3y-7mo-6d-23m ago
Multinational mining major BHP has completed its first refuelling of a ship with biofuel as part of a trial using sustainable biofuel supplied in Singapore, reports Yahoo News. Marine biofuel trial Together with German shipping company Oldendorff Carriers and biofuels provider GoodFuels, and with su....
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Published 3y-7mo-6d-36m ago
Ships have a significant environmental impact during building, operation and when they’re scrapped, but new approaches and composite materials to replace steel – still popular due to its strength and low cost – could make vessels more sustainable, recyclable, and less noisy for marine animals,....
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Published 3y-7mo-1w-11h-47m ago
Dr. Anil Sharma is a wealth of knowledge on ship scrapping, having started GMS 25 years ago, getting into the business of buying and disposing of old U.S. MarAd and Russian navy ships as a sideline while teaching as a college professor in Maryland, reports Offshore Engineer. Leader in ship recycling....
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Published 3y-7mo-1w-12h-28m ago
In international trade goods are often bought and sold by traders and they often do not produce the goods. The trader earns on the price differential between his supplier and buyer. Often the trader will want to protect the identity of the supplier / shipper and may ask the carrier to switch bills o....
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Published 3y-7mo-1w-12h-54m ago
FOBAS tested several samples from Las Palmas and Houston whose TSP results exceeded ISO8217 limit of 0.10% m/m, says an article published in ShipandBunker. Las Palmas and Houston fuel samples Las Palmas The Las Palmas fuel samples were all VSLFO fuels. They had TSP results ranging from 0.16% m/m t....
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Published 3y-7mo-1w-1d-1h-15m ago
Retrofits to make ships LNG capable are currently prohibitively expensive with little appetite among shipowners to follow Hapag Lloyd’s pioneering first such major conversion, reports splash247. Huarun Dadong Dockyard Company The renamed 15,000 teu Brussels Express, formerly Sajir, is making its....
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Published 3y-7mo-1w-1d-5h-4m ago
How or why Ever Given became wedged between the banks of the Suez Canal is still being investigated, but one outcome will be some form of restriction or added protection for vessels whose length has the ability to block the Canal. The authorities tasked with controlling other hard chokepoints will....
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Published 3y-7mo-1w-1d-6h-9m ago
Cyber hackers continue to hone in on the shipping industry, considered a vulnerable and highly lucrative target, as demonstrated by the 400% increase in attempted cyber hacks on maritime companies between February and June 20201 , reports Lexology. Cyber risks Ransomware attackers are reported to ha....
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Published 3y-7mo-1w-1d-10h-9m ago
The Industry standard on in water cleaning with capture has been submitted to support IMO’s work on the review of the Guidelines for the control and management of ships amp 8217 biofouling to minimize the transfer of invasive aquatic species, reports BIMCO. Setting a standard BIMCO led an indust....
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Published 3y-7mo-1w-1d-11h-50m ago
Vietnamese freighter sank in the South China Sea after issuing a distress signal, reports Maritime Bulletin. What happened General cargo ship issued a distress signal and shortly after that, sank in South China sea at around 2100 UTC Apr 14 0400 LT Apr 15 . The vessel was some 30 nm south of Vun....
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Published 3y-7mo-1w-1d-12h-19m ago
The technology group Wärtsilä managed a record breaking amount of scrubber deliveries in 2020, despite the COVID 19 pandemic. It highlights the continued interest in exhaust gas abatement systems as long term solutions for the global fleet. A significant order was booked in November 2020 with a Ja....
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Published 3y-7mo-1w-1d-12h-55m ago
Dryad and cyber partners RedSkyAlliance continue to monitor attempted attacks within the maritime sector. Here we continue to examine how email is used to deceive the recipient and potentially expose the target organizations. Red Sky Alliance, performs weekly queries of backend databases, identifyin....
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Published 3y-7mo-1w-1d-14h-19m ago
Singapore recently received its first hybrid powered ship, a 15 metre, 12 pax aluminium pilot boat named as “Penguin Tenaga,” reports Safety4sea. Zero emission class notation The vessel is developed, owned and operated by Penguin, while is certified by Bureau Veritas with a “ZE” zero emissi....
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Published 3y-7mo-1w-1d-22h-4m ago
ABS published industry leading guidance on shipping power and propulsion decarbonization technologies, says a press release published on their website. GHG emissions reduction The ABS Advisory on Decarbonization Applications for Power Generation and Propulsion Systems considers the technological com....
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Published 3y-7mo-1w-1d-23h-47m ago
Australia’s fire damaged Antarctic resupply ship has docked in Western Australia carrying expeditioners who haven’t seen home in more than a year, says an article published in TheNewDaily. The MVP Everest The MVP Everest started sailing after a year towards Fremantle Port on auxiliary power afte....
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Published 3y-7mo-1w-2d-1h-44m ago
Illicit drug producers continue to develop complex trafficking patterns, targeting commercial vessels and their crew to transit their supply through multiple stopover and transit points. The safety of the vessel, crew and their families can be at risk, and despite the existence of IMO Frameworks to ....
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Published 3y-7mo-1w-2d-7h-29m ago
The Baltic Exchange amp 8217 s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, ticked higher on Wednesday on higher activity across vessel segments, reports Yahoo Finance. Looking into the rates * The Baltic dry index, which tracks rates for capesize, panamax and....
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Published 3y-7mo-1w-2d-7h-34m ago
Amendments to IMO Convention will be forwarded for adoption at IMO Assembly in December 2021. The approvals were made at the 33rd extraordinary session of the Council, which was held virtually on 8 April 2021. According to an article published in IMO, The IMO Council has approved draft amendments ....
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Published 3y-7mo-1w-2d-8h-33m ago
India’s first floating storage and regasification unit FSRU has arrived at H Energy’s Jaigarh Terminal in Maharashtra. The FSRU Höegh Giant, which sailed from Keppel Shipyard in Singapore, berthed at India’s west coast yesterday as the giant Asian nation gears up for vast increases in the ....
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Published 3y-7mo-1w-2d-12h-22m ago
A 129 foot lift boat with 18 personnel on board caught in rough weather, capsized off Port Fourchon, La. One person was dead and six were rescued, reports The NewYorkTimes. What happened The vessel, a 129 foot commercial lift boat, capsized about eight miles off Port Fourchon, La., according to the....
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Published 3y-7mo-1w-2d-12h-30m ago
Lately, shipping faces more and more pressure to reduce its emissions. Responding to this pressure, the sector is trying to come up with new ideas and solutions to improve the green footprint of ships. From new fuels, to slow steaming it seems that ships have many options, but how about ports Well,....
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Published 3y-7mo-1w-2d-12h-46m ago
Extensive litigation in multiple jurisdictions is likely to result from the unexpected closure of the Suez Canal in the wake of the Ever Given grounding. As cargo interests seek to dispute the value of their claims, a US lawyer says. John Ellison pointed out that many companies were impacted by the ....
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Published 3y-7mo-1w-2d-13h-56m ago
Recently the Ecospeed coating system was applied on the scrubber pipes, outlets and diffusers of several oil tankers and a bulker. This demonstrates that Ecospeed is not only the best option for the underwater hull of a ship but can also be used for a wide range of other purposes, reads a news on th....
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Published 3y-7mo-1w-2d-23h-47m ago
amp 160 Monjasa Holding managed to successfully navigate the disrupted global fuel markets in 2020. The year concluded with a 9% increase in total volumes and a net profit of USD 30m, reads the company website. Marine fuel supplier Monjasa saw an 8.9% gain in its bunker sales volumes last year an....
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Published 3y-7mo-1w-3d-15m ago
The Clean Shipping Alliance is “disappointed” in the recent decision to restrict exhaust gas cleaning system scrubber wash water discharge, says a press release published on their website. Announcement from Turkey The Clean Shipping Alliance expressed disappointment in the 6 April announcement....
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Published 3y-7mo-1w-3d-33m ago
ClassNK has registered Ocean Network Express Pte. Ltd. ONE to its registry of ISO9001 Quality Management System/QMS :2015 certification, says a press release published on their website. About the audit process During the QMS construction of ONE for further safety of the fleet, ClassNK had been ass....
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Published 3y-7mo-1w-3d-41m ago
In its weekly report for 6 12 April 2021, ReCAAP ISC informed of three incidents of armed robbery against ships in Asia. All three incidents occurred to ships while underway in the eastbound lane of the Traffic Separation Scheme TSS in the Singapore Strait SS . Issue of incident alert Of the thre....
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Published 3y-7mo-1w-3d-51m ago
Chief Officer fell into bulk carrier hold, died, Atlantic, reports Maritime Bulletin. What happened A Chief Officer of a bulk carrier died after he fell into a hold, while supervising hold cleansing works. Tragic accident occurred on Apr 12. The bulk carrier was under way in the Atlantic, en rout....
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Published 3y-7mo-1w-3d-53m ago
Cargo ship collided with a fishing boat off Mangaluru coast leaving 3 dead and 9 missing, reports The NewIndianExpress. What happened Three fishermen were killed when a cargo ship collided with a fishing boat off the Mangaluru coast on Monday night. According to reports, there were 14 workers in th....
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Published 3y-7mo-1w-3d-58m ago
In collaboration with I.M.E.Q., Sophia Bullard, Crew Health Director at UK P amp 38 I Club, discusses the issue of grief and its impact on crew, exploring the stages, signs and symptoms of grief, as well as coping mechanisms. Loss is an inevitable For seafarers, loss and the subsequent grief can be....
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Published 3y-7mo-1w-3d-1h-10m ago
Egyptian authorities impounded a massive cargo vessel that blocked the Suez Canal last month amid a financial dispute with its owner, the canal chief and a judicial official said Tuesday, reports AP News. Compensation Lt. Gen. Osama Rabie said the hulking Ever Given would not be allowed to leave the....
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Published 3y-7mo-1w-3d-10h-26m ago
Ultra Deep Solutions DSCV Picasso will continue working in the Middle East on various subsea projects for clients, reports LinkedIn. The Picasso The Picasso is 121 m LOA x 25 m Beam, Twin Bell 18 men Saturation system, Air system, 140 ton crane 1600 m2 of useable deck space, 120 POB and classed unde....
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Published 3y-7mo-1w-3d-10h-27m ago
Total and Siemens Energy signed a Technical Collaboration Agreement to study sustainable solutions for CO2 emissions reduction, says a press release published on their website. Collaboration’s focus The Second Largest Private Global LNG Player, Total, and Siemens Energy agreed to study sustainab....
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Published 3y-7mo-1w-3d-12h-7m ago
IMO establishes a new module on GISIS for crew change amp 38 repatriation of seafarers, reports BIMCO. Series of revisions The IMO has been issuing MSC.1/circ.1 in a series of revisions, each time a new Member State informs the IMO of their national focal point of contact for crew change and repa....
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Published 3y-7mo-1w-3d-12h-27m ago
The Swedish Club has partnered with CWA International to develop its new Cargo Advice series, says a press release published on their website. Cargo claims The Swedish Club has partnered with industry leading cargo consultants, CWA International, to develop its new Cargo Advice series. The series ....
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Published 3y-7mo-1w-3d-12h-31m ago
Korean Register KR signed an MOU with Hyundai Heavy Industry HHI Group to work together to address key environmental challenges facing the industry, reports Manifold Times. Key environmental challenges South Korean classification society Korean Register KR signed an MOU with Hyundai Heavy In....
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Published 3y-7mo-1w-3d-12h-36m ago
High speed internet connectivity allows seafarers to feel less isolated at sea, with VSAT enabled media and entertainment applications increasingly important as mariners have deployments extended due to Covid induced travel restrictions and quarantine requirements, reports riviera. Digital Acces....
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Published 3y-7mo-1w-3d-13h-23m ago
An alliance of Greek and Swedish shipowners, along with Transport amp 38 Environment T amp 38 E write to European Commission about amp 8216 polluter pays principle’. They have called on the European Commission to put the ‘polluter pays principle’ at the core of its emissions trading sy....
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Published 3y-7mo-1w-3d-14h-18m ago
Recovering gasoline refining margins in Asia Pacific are expected to cut Chinese fuel oil production, which will help relieve high inventory levels at major bunkering hubs in China, according to market sources, reports Argus Media. Chinese Fuel Oil Rate Chinese refiners boosted fuel oil output durin....
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Published 3y-7mo-1w-3d-20h-17m ago
It is widely criticized that recycling facilities do not have adequate procedures and infrastructure to collect and dispose of the hazardous waste recovered from the ships during the recycling process. However, it is critical to know and understand the infrastructure available at Alang, reads a pres....
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Published 3y-7mo-1w-3d-20h-54m ago
The Indian Register of Shipping IRClass has undertaken successful sea trials for two vessels towards use of biofuels in concurrence with the Indian flag administration, reads the website. The two vessels, namely Ambuja Mukund and Ambuja Vaibhav, are owned by Ambuja Cements Ltd., which is a part of....
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Published 3y-7mo-1w-3d-21h-17m ago
A new Smart Bollard is under test at Hutchison Ports ECT Delta Terminal on the Maasvlakte, Rotterdam, says an article published in PortStrategy. Innovation begins to accelerate improvements The Smart Bollard will be tested over the coming months and subject to positive results will be officially lau....
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Published 3y-7mo-1w-4d-32m ago
U.S. oil production may never return to the weekly peaks of 13 million barrels per day bpd just before last year’s market crash. Drilling activity has been on the rise since the fall of 2020, and considering the lag between rising oil prices. Large listed producers promise restraint, and the mar....
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Published 3y-7mo-1w-4d-5h-25m ago
The Capesize market continued this week with its constant and relatively steady improvement in rate values, reports Baltic Exchange. Capesize The Capesize 5TC lifted 4,058 over the shortened post Easter holiday week to $23,911. While the Transpacific C10 remains the premium paying basin at $27,221....
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Published 3y-7mo-1w-4d-9h-1m ago
There are several variations related to ships sailing on high seas. Panamax vessels, Aframax vessels, and Suezmax vessels are some of the most prevalent types. But what do they mean and what kind of ships do they represent Well, the answer is relatively easy, and it lies on the area that each ship ....
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Published 3y-7mo-1w-4d-12h-13m ago
The International Maritime Organization’s 2020 Global Sulphur Limit Regulation, which is a significant challenge for the shipping industry, came into effect as of 1 January 2020. It limits the sulphur in fuel oil used on board ships operating outside designated emission control areas to O.5O% m/m ....
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Published 3y-7mo-1w-4d-12h-16m ago
Turkey has banned the discharge of scrubber wash water in its territorial waters following in the footsteps of a number of governments, including that of Saudi Arabia and Singapore, reports offshore energy. The move was announced by the Turkish Ministry of Environment and Urbanization on April 6, 20....
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Published 3y-7mo-1w-4d-13h-57m ago
ABB has won a landmark contract with Spanish shipbuilder Astilleros Gondán to supply all electric power solution for ten new ferries transporting passengers across Lisbon’s Tagus river, reads the company website. Integrated electric power The 40m ferries will be operated by the public ferry com....
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Published 3y-7mo-1w-4d-20h-3m ago
Cyber attacks pose a serious threat to corporations generally and those involved in shipping are no exception. The Cyber Risk team at Clyde amp 38 Co has worked on over 3,000 data breaches and cyber incidents including a number of the largest, most high profile incidents globally to date. Althoug....
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Published 3y-7mo-1w-4d-20h-52m ago
Samsung shipyard acquires independent technologies for wind turbine installation vessel, says a press release published on Samsung Heavy Industries. Design and approval Samsung Heavy Industries SHI said that the design of its low carbon emitting WTIV concept has obtained “Approval in Principle....
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Published 3y-7mo-1w-4d-22h-40m ago
Pan Ocean entered a contract to charter out an LNG bunkering vessel to Anglo Dutch major Shell, says an article published in Splash 247. $55 revenue deal South Korean shipping company Pan Ocean had entered a contract to charter out an LNG bunkering vessel to Anglo Dutch major Shell. It was noted tha....
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Published 3y-7mo-1w-4d-22h-50m ago
The use of exhaust gas cleaning systems, also known as scrubbers, on board vessels, is likely to get a leg up. It can be attributed to the global marine fuel sector that works through potential solutions to decarbonize, industry sources said. Vessel owners have increasingly been considering potentia....
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Published 3y-7mo-1w-5d-3h-5m ago
Seanergy Maritime Holdings Corp. the “Company” or “Seanergy” NASDAQ: SHIP is pleased to announce its participation at Capital Link’s Decarbonization in Shipping forum taking place on Wednesday amp 38 Thursday, April 14 15, 2021 from 9.30am 4.30pm UK Time, reports Globe News Wire. Ev....
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Published 3y-7mo-1w-5d-6h-56m ago
It takes about four weeks to prepare a cruise ship for sailing again, said President and CEO of CMI, Jim Barreiro de León, reports Cruise Industry News. Preparation “We are on a schedule of four weeks prior to the actual activation and moving of the vessel at the moment because of the quarantin....
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Published 3y-7mo-1w-5d-6h-57m ago
A crew member from an abandoned bulk carrier told Lloyd’s List that the situation has reached a critical point. The 19, mainly Indian, seafarers are feeling neglected and helpless, and suffering from depression. The situation on board a bulk carrier abandoned since July 2019, is bleak for the 19 s....
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Published 3y-7mo-1w-5d-11h-5m ago
The Singapore authorities will continue to extend the validity of STCW certificates on a case by case basis given the difficulties of renewal due to the Covid 19 pandemic. MPA and IMDA noted that some seafarers still faced difficulties renewing STCW certification due to the ongoing Covid 19 pandemic....
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Published 3y-7mo-1w-5d-11h-25m ago
The Singapore authorities will continue to extend the validity of STCW certificates on a case by case basis given the difficulties of renewal due to the Covid 19 pandemic. MPA and IMDA noted that some seafarers still faced difficulties renewing STCW certification due to the ongoing Covid 19 pandemic....
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Published 3y-7mo-1w-5d-11h-25m ago
Group amp 8217 s Jacques Saade ship sets a new world record for full containers onboard as it leaves Singapore. It has the highest number of full containers aboard a single vessel. According to an article published in Euro Fruit, CMA CGM Jacques Saade has set a new world record of the highest numb....
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Published 3y-7mo-1w-5d-21h-49m ago
In response to a request from the Environmental Protection Department of Lithuania’s Ministry of the Environment, EMSA is providing the country with Remotely Piloted Aircraft System RPAS services to assist in monitoring ship emissions, protect the marine environment and improve maritime safety, ....
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Published 3y-7mo-1w-5d-22h-12m ago
The maritime sector is increasingly turning its attention to environmental, social and corporate governance “ESG” issues. While decarbonisation of shipping is at the top of the ESG agenda, there is also increasing awareness about crew welfare, as reflected by market analysis carried out by WFW....
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Published 3y-7mo-1w-5d-22h-48m ago
CMA CGM launches a first low carbon shipping solution, bringing the Group a step closer toward carbon neutrality, says a press release published on their website. Low carbon shipping CMA CGM provides customers with a new and immediately available solution, bringing the Group a step closer toward car....
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Published 3y-7mo-1w-5d-23h-2m ago
Stena Bulk announced a set of 5 dated decarbonization targets which form a comprehensive roadmap for the company to become a net zero business by 2050, says a press release published on their website. First milestone achieved in 2020 The first of these milestones were achieved in 2020 when Stena Bul....
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Published 3y-7mo-1w-5d-23h-7m ago
NAPA joins Consortium that brings together leading academic bodies and industry experts in developing low carbon technologies for shipping. The total project volume is approximately 15 m euros where Business Finland supports with €7.9 m and the rest is funded by the other members. NAPA will appl....
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Published 3y-7mo-1w-5d-23h-12m ago
According to Hapag Lloyd CEO, a robust demand for shipping goods across the world’s oceans shows no signs of slowing down signaling that elevated rates in the tight market for seaborne cargo may extend into the second half of the year, Bloomberg Quint reports. Surging demand amid strong bookings R....
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Published 3y-7mo-1w-6d-1h-1m ago
Wison Offshore amp 38 Marine has won the floating LNG FLNG unit front end engineering and design FEED contract for the Galveston LNG Bunker Port GLBP project. GLBP will feature a floating liquefaction plant and provide LNG marine fuel to vessels at the ports of Houston, Texas City, and Galv....
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Published 3y-7mo-1w-6d-1h-32m ago
The International Chamber of Shipping ICS has published a comprehensive guide to prepare the shipping community for threats such as piracy, kidnapping, and terrorism. Staying alert to security risks ICS said that the shipping industry continues to face threats and operators need to stay alert to c....
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Published 3y-7mo-1w-6d-2h-4m ago
The Goan Seamen Association of India requested the shipping ministry to appoint a seafarer relation officer SRO mandatory for registered shipping companies. These officers will act as a single point of contact for seafarers to voice their grievances. According to an article published in Times of I....
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Published 3y-7mo-2w-11h-47m ago
The Australian Transport Safety Bureau ATSB has launched an investigation into a fire onboard an Antarctic resupply vessel, with the stricken ship still days from reaching Australia, reports ABC News. Key points: No one was injured in the fire, the ship amp 8217 s operator said The captain has ch....
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Published 3y-7mo-2w-12h-23m ago
Egyptian authorities say they won’t release ship until its owners pay compensation and an investigation is complete. Decision on vessel departure Egypt will release the giant container ship, that had blocked the Suez Canal for nearly a week, once a deal is reached on compensation for related losse....
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Published 3y-7mo-2w-22h-35m ago
Egyptian authorities say they won’t release ship until its owners pay compensation and an investigation is complete. Decision on vessel departure Egypt will release the giant container ship, that had blocked the Suez Canal for nearly a week, once a deal is reached on compensation for related losse....
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Published 3y-7mo-2w-22h-35m ago
The International Bunker Industry Association IBIA will be organising the first of its ‘Bunkering amp 38 Shipping in Transition’ series of conferences for 2021 from Monday, 12 to 13 April. Global bunkering industry comes together The digital event aims to bring together the global bunkering....
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Published 3y-7mo-2w-23h-2m ago
The International Bunker Industry Association IBIA will be organising the first of its ‘Bunkering amp 38 Shipping in Transition’ series of conferences for 2021 from Monday, 12 to 13 April. Global bunkering industry comes together The digital event aims to bring together the global bunkering....
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Published 3y-7mo-2w-23h-2m ago
The International Bunker Industry Association IBIA will be organising the first of its ‘Bunkering amp 38 Shipping in Transition’ series of conferences for 2021 from Monday, 12 to 13 April. Global bunkering industry comes together The digital event aims to bring together the global bunkering....
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Published 3y-7mo-2w-23h-2m ago
Even with the pandemic raging over a year, the ship recycling industry isn’t getting any rest. The Hindu Business Line has reported that there is an increase in the number of ships heading for scrap yards like Alang in Gujarat, India. Alang shipbreaking yard Alang had an unprecedented time teach....
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Published 3y-7mo-2w-1d-5h-31m ago
The Baltic Exchange amp 8217 s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, eased on Thursday as weaker panamax and supramax rates outweighed a rise in the larger capesize segment, reports Yahoo Finance. Looking into the rates * The Baltic dry index, which....
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Published 3y-7mo-2w-1d-11h-55m ago
To thank seafarers, port workers and other frontline maritime personnel for keeping the Port of Singapore open during the COVID 19 pandemic, the Maritime and Port Authority of Singapore MPA , together with PSA Corporation Limited PSA and Jurong Port JP , have commissioned two mural art displays,....
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Published 3y-7mo-2w-1d-11h-56m ago
In 2020, ferry company Stena Line continued to reduce its total CO2 emissions and is ten years ahead of the IMO international shipping emission reduction targets. The Swedish shipping company is now accelerating the transition towards fossil free shipping. It presents its plan to reduce total CO2 em....
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Published 3y-7mo-2w-1d-12h-6m ago
A serious fire on board the vessel MPV Everest has caused significant damage, with flames engulfing cargo on the deck says an article on HandyShpping. Opposition to management in foreign hands The Maritime Union of Australia MUA has made no secret to its strong opposition to the chartering by the....
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Published 3y-7mo-2w-1d-12h-14m ago
Nine of the container shipping industry’s top carriers have adopted the open source, free track and trace T amp 38 T standards developed by the association. The members of the Digital Container Shipping Association DCSA are CMA CGM, Evergreen, Hapag Lloyd, HMM, Maersk, MSC, ONE, Yang Ming and....
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Published 3y-7mo-2w-1d-12h-17m ago
DNV has published new procedures designed to provide the required safety level in transporting CO2 by pipelines and strengthen the development of CCS projects. This follows the outcome of the CO2SafeArrest joint industry project JIP between Energy Pipelines CRC Australia and DNV. As energy trans....
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Published 3y-7mo-2w-1d-20h-9m ago
The world’s first conversion of a large containership to LNG as fuel has been completed, German liner company Hapag Lloyd has confirmed. The 15,000 TEU vessel Sajir, now renamed Brussels Express, departed the Chinese shipyard Huarun Dadong Dockyard Co. and is now heading toward Busan, Korea. Germa....
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Published 3y-7mo-2w-1d-21h-54m ago
A brand new product tanker collided with Greek bulk carrier in Manila Bay 3 nm north of Cavite City, at 2150 LT UTC +8 Apr 7, in the Manila anchorage area, reports Maritime Bulletin. What happened The new product tanker reportedly was leaving anchorage, she arrived there in the morning Apr 7 fr....
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Published 3y-7mo-2w-2d-8m ago
Construction of the world amp 8217 s first mile long ship tunnel has been started at Snohetta’s entrance through norwegian coastline, says an article published in DesignBoom. Project ship tunnel The project, being first of its kind, was first commissioned in 2016 by the norwegian coastal administ....
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Published 3y-7mo-2w-2d-13m ago
According to an article published in Superyacht News, Following the UK government’s move to exempt seafarers returning to the UK from ‘red list countries’ from travel restrictions, including hotel quarantine, some further changes have been made to the requirements for seafarers when entering t....
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Published 3y-7mo-2w-2d-35m ago
According to an article published in Argus Media, Norwegian shipowner Stolt Tankers successfully trialled marine biofuel at the Dutch port of Rotterdam last week. Marine Biofuel The marine biofuel was supplied by Netherlands based GoodFuels, and was used in Stolt Tankers amp 8217 37,000 dwt chemic....
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Published 3y-7mo-2w-2d-1h-44m ago
Baltic Sea Action Group BSAG launches a pilot project to examine ship generated waste flows and related information flows at the port of Oulu. The pilot aims at recognizing all stakeholders in the value chain, identifying eventual points of friction, and seeking best practices for waste management....
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Published 3y-7mo-2w-2d-2h-26m ago
Alfa Laval is becoming a partner in Liquid Wind. Engineering company Alfa Laval has joined a growing group of companies investigating methanol as an alternative bunker fuel, with an investment in the Liquid Wind project. Alfa Laval has become a partner in Swedish firm Liquid Wind. A recent Ship....
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Published 3y-7mo-2w-2d-2h-57m ago
Biological invasions are responsible for substantial biodiversity declines as well as high economic losses to society and monetary expenditures associated with the management of these invasion, reads a recent article published in Nature. Economic costs of biological invasions According to a recent r....
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Published 3y-7mo-2w-2d-21h-54m ago
Crude oil futures were rangebound in mid morning trade in Asia April 7 as a build in US gasoline stocks countered a stronger macroeconomic outlook in two closely watched reports released late April 6, reports Platts. Lack of equilibrium At 11:27 am Singapore time 0327 GMT , the ICE Brent June contr....
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Published 3y-7mo-2w-2d-22h-24m ago
According to an article published in Offshore Energy, CSSC’s subsidiary China Shipbuilding Power Group has delivered CX40DF, China’s first low speed LNG dual fuel marine engine, in Zhenjiang, Jiangsu. Engine Delivery The official delivery to China State Shipbuilding Corporation Limited CSSC Hu....
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Published 3y-7mo-2w-2d-22h-28m ago
The Rotterdam firm K tainer has come up with a new sustainable alternative for empty containers, says an article published on K tainer. Cause of Initiative Some twenty million sea containers move across our planet, carrying freight to every corner of the globe. After being unloaded at their destinat....
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Published 3y-7mo-2w-2d-22h-42m ago
According to an article published in LNG Prime, South Korean LNG importing giant Kogas said it has ordered a liquefied natural gas bunkering vessel from compatriot Hyundai Heavy Industries. Shipbuilding Contract Kogas said in a statement its newly established LNG bunkering unit signed the shipbuildi....
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Published 3y-7mo-2w-2d-22h-58m ago
The European innovation project Flagships will deploy the world’s first commercial cargo transport vessel operating on hydrogen later this year. The hydrogen cargo transport vessel will be owned by French inland shipowner Compagnie Fluvial de Transport CFT , a subsidiary of the Sogestran Group. T....
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Published 3y-7mo-2w-2d-23h-24m ago
According to an article published in Safety4sea, Danish innovation project ShippingLab revealed plans to create an internationally recognized platform for testing and validating new fuel solutions that can aid in reducing or eliminating GHG emissions from shipping. Project Aim The aim of the project....
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Published 3y-7mo-2w-2d-23h-26m ago
According to an article published in CNN, as many as one in three people infected with Covid 19 have longer term mental health or neurological symptoms, researchers reported Tuesday. Lancet Psychiatry Study They found 34% of Covid 19 survivors received a diagnosis for a neurological or psychological....
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Published 3y-7mo-2w-2d-23h-40m ago
The world amp 8217 s deepest shipwreck, the USS Johnston has been discovered by a US based crew. The team mapped and filmed the wreckage in a 16hour extensive dive. The ship lies 21 thousand feet under the sea in the Philippines. It sunk by the Japanese navy after a gruesome 2 and half hour....
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Published 3y-7mo-2w-3d-38m ago
amp 160 Nippon Paint Marine said it has secured a first reference for its new self polishing antifouling paint FASTAR following an agreement with Turkey’s Iskenderun Ship Management, says an article published in MarineLink. Ata M and Toros M The Panamax ships Ata M and Toros M will drydock at C....
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Published 3y-7mo-2w-3d-1h-9m ago
Singapore MPA will consider the certain circumstances for crew change applications in Singapore. Singapore Crew Change Work Group SGCC WG has updated the Singapore Crew Change Guidebook SGCCG to reflect the updates. Version 6 of the SGCCG along with PMC 10 of 2021 are available for download on t....
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Published 3y-7mo-2w-3d-3h-3m ago
Suez Canal Chairman Osama Rabie told Reuters on Tuesday an expansion of the southern section of the waterway was under consideration. It is where the massive container ship Ever Given became stranded. The authority is also looking into procuring the kinds of cranes that could potentially offload car....
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Published 3y-7mo-2w-3d-3h-9m ago
Cruise ships calling at the Mediterranean port of Valletta should be able to plug in for their power when docked at the port, reports ship amp 38 bunker. Two firms, Nidec Group and Excel Sis, have landed the contract to install electric ship power for visiting ships, according to Marine Link. Wha....
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Published 3y-7mo-2w-3d-4h-27m ago
Let us assume your tug is leaving port, outbound in a narrow channel a nautical mile or two from the exit, making 8 knots. You are complying with IMO’s collision regulations COLREGS narrow channel rule 9 a and are sticking to the starboard side of the channel. You, however, observe a ....
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Published 3y-7mo-2w-3d-11h-48m ago
Kemedi Moara Nkwe University of Plymouth amp 8220 NCSC can play a big role amp 8221 National Cyber Security Centres NCSC critical for shipping, says an article on Riviera. Assist in cyber security implementation NCSC amp 8217 s could be central to the maritime industry’s defence a....
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Published 3y-7mo-2w-3d-11h-56m ago
Nowegian Gas Supplier Gasnor will supply Ulvan Rederi’s new hybrid vessel with LNG under the terms of a 5 year supply agreement, says an article published in Ship amp 38 Bunker. Ulvan Rederi amp 8217 s Ship Ulvan Rederi amp 8217 s ship the amp 8216 Oddrun With amp 8217 is under construction....
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Published 3y-7mo-2w-3d-12h ago
According to an article published in Bloomberg Quint, Oil plunged the most in nearly two weeks as growing delays in Europe’s reopening and looming Iranian supply dampened hopes for a swift decline in global inventories. UK amp 8217 s Global trade Futures in New York fell as much as 4.6% on Monday....
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Published 3y-7mo-2w-3d-12h-20m ago
According to a press release published by ABB, from its creation three decades ago to its market leading position in global shipping today, Azipod® propulsion has revolutionized marine transport with its unparalleled performance, efficiency, sustainability and reliability. Amazing Availability Rate....
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Published 3y-7mo-2w-3d-12h-29m ago
HMM celebrated the 1st anniversary of its launching company under a new mission on April 1. HMM’s initiative was promoted to provide a focal point to various newly recruited members and to create a new shipping company culture. The change of company name is not just remembered as a shipping compan....
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Published 3y-7mo-2w-3d-13h-29m ago
Toyota has announced that it has completed its 1st sea trial of hydrogen fuel cell boat, says an article published in PlugBoats. Development of various fuel cell boats Toyota already has fuel cells working away on the Energy Observer research ship, which creates hydrogen from the sea water it travel....
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Published 3y-7mo-2w-4d ago
According to GAC.com, two Aframax tankers ran aground while transiting Suez Canal near the 132 kilometer mark, reports Maritime Bulletin. What happened Two Aframax tankers in ballast ran aground while transiting Suez Canal near the 132 kilometer mark, about to enter Great Bitter Lake in northboun....
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Published 3y-7mo-2w-4d-38m ago
Bonfils launches green tonnage chartering platform. New platform is backed by BW Group and Weco Shipping and aims to help charterers find amp 8216 greener amp 8217 tonnage. A well known name in dry bulk circles, Christian Bonfils, has formed a green tonnage chartering platform in Copenhagen, wit....
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Published 3y-7mo-2w-4d-1h-12m ago
Following its Safety Flashes series, IMCA described a case where a crewmember experienced an electric shock due to water in electrical equipment. The Incident There was an uncontrolled spraying of fresh water from a sounding pipe in the galley, resulting in electrical equipment getting wet. As a res....
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Published 3y-7mo-2w-4d-2h-14m ago
Container xChange saw turning point in mid February. Liners have realigned containers to meet transpacific demand. Elevated rates for shipping containers have begun to ease, according to market participants from various regions, but remain well above levels seen prior to the pandemic, reports ICIS. ....
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Published 3y-7mo-2w-4d-2h-38m ago
Egypt’s Suez Canal must move quickly to upgrade its technical infrastructure if it is to avoid future shipping disruption, shipping industry sources said, as the major trade route tries to bounce back from a costly six day closured, reports Reuters. Disruption in the supply chain International sup....
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Published 3y-7mo-2w-4d-5h-24m ago
The Alphaliner Weekly Newsletter is distributed every Tuesday. Information is given in good faith but without guarantee. The last three months of 2020 saw the highest quarterly sales volume by teu since 2017. Prices have firmed at high levels in some segments, yielding good asset play. The average a....
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Published 3y-7mo-2w-4d-12h-39m ago
If you want to know how bad the Ever Given situation in the Suez Canal could have got, look no further than the MV Golden Ray in the United States, reports gcaptain. Cutting of Section Seven The car carrier had some 4,200 vehicles on board when it lost stability near the Port of Brunswick in amp ....
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Published 3y-7mo-2w-4d-15h-53m ago
According to an article published in Manifold Times, Norwegian downstream liquified natural gas LNG and biogas supply company CRYO Shipping CRYO on Friday 2 April said it is establishing its LNG bunker service in South East Asia, which was marked by an LNG bunkering operation completed by CRYO....
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Published 3y-7mo-2w-4d-23h-17m ago
By using GPS data to monitor slight changes in elevation, the world’s fleet of commercial vessels could aid in forecasting incoming waves, reads an article in Wired. Swirling through Tsunami Boats steadily bob amid the waves. But a passing tsunami slightly alters the sea surface elevation, changin....
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Published 3y-7mo-2w-4d-23h-23m ago
According to an article published in Manifold Times, China State Shipbuilding Corporation CSSC on Thursday 1 April said Guangzhou Shipyard, a subsidiary of China State Shipbuilding Corporation, in collaboration with Guizhou Shipbuilding Co, a subsidiary of CSSC Guangxi, has officially started co....
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Published 3y-7mo-2w-4d-23h-57m ago
According to an article published in Ship amp 38 Bunker, Fuel additives manager Innospec has released its new suite of new bunker fuel additives for the marine and bunker fuel market. Products amp 8217 Aim The new Trident products are aimed at improving the flow properties and operability of ULSF....
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Published 3y-7mo-2w-5d-14m ago
The average wait for L.A. berth space rises to eight days Delays saddle importers with extra costs, supply complications Ship congestion outside the biggest U.S. gateway for Asian imports remained elevated with the wait to offload containers lengthening to eight days, reports Bloomberg. Added cost i....
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Published 3y-7mo-2w-5d-17m ago
As part of its latest Merchant Marine Notice, Panama Maritime Authority sheds light on the risks and concerns related to fatigue and other health risk activities on board, reports Safety4sea. Definition of fatigue According to the circular, shipowners or operating companies should pay special attent....
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Published 3y-7mo-2w-5d-1h-41m ago
Australian maritime workers will protest outside the head office of CSL Australia tomorrow, both to support Canadian seafarers who are fighting Canada Steamship Lines for job security and a fair contract, and in opposition to CSL replacing Australian crews working in the Australian coastal trade, re....
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Published 3y-7mo-2w-5d-4h-9m ago
VDL AEC Maritime says it has completed the Installation of 24 scrubbers on vessels of Athens based ship owner Maran Dry Management Inc, reports Ship amp 38 Bunker. Despite the challenges The programme has been underway for the last three years. amp 8220 Despite the many challenges at the various s....
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Published 3y-7mo-2w-5d-4h-47m ago
A bulk carrier collided with local fishing vessel at around 1645 WIT UTC +7 Apr 3 northeast of Jakarta, West Java, Java sea, reports TOI. What happened A collision between bulk carrier and a fishing boat left 17 people missing off Indonesia amp 8217 s main island of Java, officials said Sunday....
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Published 3y-7mo-2w-5d-12h-14m ago
The massive maritime traffic jam caused by Ever Given’s misadventure in the Suez Canal has highlighted the attractiveness of alternative routes via the North Pole. It implies a shift that carries strategic and commercial implications for South east Asia. Russian authorities used the opportunity to....
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Published 3y-7mo-2w-5d-13h-46m ago
MSC Mediterranean Shipping Company has doubled down on its position to avoid considering the Northern Sea Route. It includes the Northeast and Northwest Passages on environmental grounds. An expansion of Arctic shipping could increase the emissions of so called black carbon – physical particles of....
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Published 3y-7mo-2w-5d-14h-35m ago
Cargo ship scared sick local residents living in riverside houses in Chao Phraya river near Laem Temple, Phra Pradaeng District Samut Prakan, Bangkok, when the ship sailing downstream suddenly went out of control and landed onto riverside piers and houses, at around 1200 Bangkok time Apr 3, reports ....
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Published 3y-7mo-2w-5d-21h-35m ago
Maersk’s decision to “temporarily suspend” spot and short term contract bookings from Asia following the Suez Canal blockage has left forwarders and NVOCCs scrambling for alternatives, reports the Loadstar. Spot market volatility Maersk estimated a loss of capacity across its network of up to ....
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Published 3y-7mo-2w-5d-22h-7m ago
According to an article published in Safety4sea, Japanese shipping company MOL revealed plans to further advance its environmental vision, shedding particular focus on achieving Net Zero GHG emissions through the group business to 2050. Plan Announcements This was announced by the Group’s new Pr....
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Published 3y-7mo-2w-5d-22h-12m ago
The extensive backlog caused after the Ever Given shipping container got stuck in the Suez Canal is set to finally come to an end. SCA officials said the last ships that were stranded after the massive vessel would pass through today. Osama Rabie, the chairman of the SCA, said 85 ships that were del....
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Published 3y-7mo-2w-5d-22h-56m ago
According to an article published in Meriaura Group, Meriaura has started the preparation and design of a transport concept that targets to 100% carbon neutrality. Transportation Concept The concept is based on hybrid propulsion that combines sustainably produced bio oil and battery technology. In....
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Published 3y-7mo-2w-5d-23h-12m ago
amp 160 The UK’s marine accident investigation branch MAIB has become concerned at the number of recently reported marine incidents involving cruise ship anchor systems failures and has published a safety bulletin to bring the issue to the attention of the cruise industry and to highlight the....
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Published 3y-7mo-2w-5d-23h-17m ago
Spanish ferry operator Baleària has selected its LNG fueled ferry Hypatia De Alejandria to operate the route between the Spanish town of Motril and the Spanish autonomous city of Melilla in North Africa, reports Offshore Energy. First LNG ferry The 26,000 gross ton Hypatia de Alejandría is the fir....
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Published 3y-7mo-2w-6d-2m ago
According to an article published in Aju Business Daily, a 115,000 ton crude carrier built by South Korea amp 8217 s Hyundai shipbuilding group with underwater radiated noise reduction technology has received regulation certification from DNV, an accredited registrar and classification society bas....
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Published 3y-7mo-2w-6d-23m ago
The government has allowed foreign seafarers to enter the country to board ships, Malacañang said on Tuesday. The decision was made following the recent meeting of the Inter Agency Task Force for the Management of Emerging Infectious Diseases IATF EID . Foreign seafarers would be allowed to ente....
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Published 3y-7mo-3w-10h-36m ago
Marine fuels are turning more eco friendly as a new type of fuel made from plastic waste is set to enter the market, reports Mining.com What is it London based Clean Planet Energy announced the creation of two new ultra clean fuels manufactured to replace fossil fuels in the marine industry. Acco....
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Published 3y-7mo-3w-11h-25m ago
The Royal Alfred Seafarers’ Society has established a Stella Maris Rose Garden at its specialist maritime care home to celebrate the centenary of the seafarer charity Stella Maris, formerly known as the Apostleship of the Sea, says an article published in Seanews. Garden for Seafarers The garden, ....
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Published 3y-7mo-3w-12h-34m ago
As the investigation into the grounding of the Ever Given in the Suez Canal begins, the vessel’s Japanese owner, Shoe Kisen, this morning declared General Average, reports The loadstar. Circular From Evergreen And a customer circular from Evergreen, seen by The Loadstar, confirms that Shoe Kisen....
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Published 3y-7mo-3w-14h-2m ago
According to an article published in Seatrade Maritime News, The total assets of ship leasing business of China Development Bank Leasing amounted to RMB34.18bn $5.26bn in 2020, hitting a record high. Growth of Ship Leasing Assets Among which the ship leasing assets amounted to CNY30.49bn and the o....
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Published 3y-7mo-3w-1d-5m ago
The blockage of the Suez Canal for nearly a week will result in a “large loss” for Lloyd’s of London, its chairman said on Wednesday, reports Claims Journal. Trade block The Ever Given container ship blocked the crucial trade route for nearly a week before it was successfully refloated on Mon....
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Published 3y-7mo-3w-1d-6h-26m ago
Evergreen risk exposure from Suez ‘very low’: President Hsieh. Company says 12 vessels it uses were impacted by shutdown of Suez. Taiwan’s Evergreen Marine Corp., which chartered the Ever Given vessel that grounded in the Suez Canal, halting marine traffic through the waterway for about six da....
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Published 3y-7mo-3w-1d-6h-44m ago
The US is planning a new set of regulations for discharges from tankers and other vessels , including from ballast water and scrubber wash water, the “Vessel Incidental Discharge Act”. Steve Candito, CEO of Ecochlor, explained the implications, reports Tanker Operator. New Regulations The US En....
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Published 3y-7mo-3w-1d-8h-45m ago
According to exchange and broker data, JKM LNG futures trading volumes cleared on financial exchanges in March rose 8% YOY to 15.3 million mt, or 79,804 lots, reports Platts. High MOM volume The March volume was 28% higher month on month. Total volumes traded in the first quarter of the year were at....
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Published 3y-7mo-3w-1d-10h-48m ago
Wärtsilä has signed long term Optimised Maintenance agreements covering five LNG Carrier vessels owned and operated by Greece based Minerva Gas Inc., says a press release published on their website. Scope of the agreement Included in the scope of the agreements is Wärtsilä’s Expert Insight, a....
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Published 3y-7mo-3w-1d-12h-10m ago
Countries and Ports to hold Restrictions on EGCS Discharges Apply, an article was published on North P amp 38 I Club. Scrubber in shipping industry It is known that the use of scrubbers has split the shipping industry. To date, several ports and regions have stated that they will not allow the disc....
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Published 3y-7mo-3w-1d-12h-21m ago
Man Energy Solutions announced dual fuel engines more preferred in entirety, says a press release published on their website. ME GI a new industrial standard MAN Energy Solutions successful ME GI Gas Injection engine has set a new industrial standard for two stroke propulsion engines aboard. The ....
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Published 3y-7mo-3w-1d-23h-3m ago
According to a press release published by Inmarsat, Inmarsat, the world leader in global, mobile satellite communications, has signed an agreement with SRH Marine Electronics for SRH to provide formal representation for support to customers in Greece and Cyprus, whose Inmarsat Maritime contracts wer....
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Published 3y-7mo-3w-2d-9m ago
Almost 400 ships poised to transit key commodity chokepoint Freight rates start to dip after brief Suez boost Maersk warns of port congestion and lengthy delays Southbound and northbound traffic on the Suez Canal has recommenced a day after the stricken Ever Given container ship was freed, market so....
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Published 3y-7mo-3w-2d-48m ago
Grindrod Shipping Holdings Ltd, a global provider of maritime transportation services predominantly in the drybulk sector, announced two separate transactions with respect to its fleet, reports Yahoo Finance. Sale of tanker trio On March 11, 2021, the Company contracted to sell the 2013 built medium....
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Published 3y-7mo-3w-2d-1h-39m ago
To support the Low Carbon Shipping effort, the IMO Global Industry Alliance GIA published a guide with eight practical measures seaports can take to reduce greenhouse gas emissions from shipping. The Port of Rotterdam was actively involved in bringing about the guide and has put part of the recomm....
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Published 3y-7mo-3w-2d-1h-56m ago
China National Offshore Oil Company CNOOC has signed a deal to supply LNG to GNG Ocean Shipping’s recently ordered fleet of small bulk carriers, reports LNG Prime. LNG supply to bulk carriers CNOOC said in a statement that its gas and power unit would fuel the 50 LNG powered vessels, but the sta....
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Published 3y-7mo-3w-2d-2h-13m ago
Following the recent Suez Canal blockage situation, Aker Arctic has developed a new concept for the Northern Sea Route, an icebreaking Arctic container ship, says an article published in safety4sea. About the Container ship In fact, Aker Arctic has designed an 8000 TEU container ship for independent....
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Published 3y-7mo-3w-2d-10h-21m ago
According to a press release published by Propulsion Analytics, Propulsion Analytics, a Greek high tech company providing vessel and engine performance evaluation applications, and DNV have received funding from Innovation Norway to develop a Condition Based Maintenance CBM application for ships. ....
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Published 3y-7mo-3w-2d-21h-2m ago
According to an article published in Hanseaticsoft, Hanseaticsoft has launched ‘CFM Accommodations’ and ‘CFM Emergencies’ within its fleet management system, Cloud Fleet Manager CFM to help ship managers better plan and allocate their crew’s accommodation, and to provide crew with detail....
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Published 3y-7mo-3w-2d-21h-3m ago
Viridis Bulk Carriers aim to play a leading role in the green transition of the industry, offering their clients competitive, carbon free logistics solutions without sacrificing the performance of the vessels, says an article published in Arena Ocean Hyway Cluster. Most Promising Alternative Fuel Ma....
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Published 3y-7mo-3w-2d-21h-5m ago
In its Monthly Safety Scenario, the Swedish P amp 38 I Club describes a case of a bulk carrier grounding caused by engine failure. Shortly after departing port, a main engine slowdown alarm was triggered due to a loss of cooling water in the main engine. The Master ordered half head, but there was ....
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Published 3y-7mo-3w-2d-23h-44m ago
Hyundai Heavy Industries Group will complete a hydrogen value chain from production to transport, storage and sale of fuel cell by 2030, reports Pulse. Hydrogen roadmap 2030 Hyundai Heavy Industries Group with a mainstay in shipbuilding, robotics and rolling stock, unveiled its hydrogen roadmap 20....
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Published 3y-7mo-3w-3d-11m ago
Shoei Kisen, the Japanese owner of a giant container ship which stuck and blocked the Suez Canal for almost a week, has not received any claims or lawsuits to seek compensation for damages from the blockage, a company official said on Tuesday, reports reuters. Compensation for Damage “There have b....
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Published 3y-7mo-3w-3d-1h-22m ago
The energy company Gasum has published its Corporate Responsibility Report and Responsibility Highlights for 2020. The report focuses on key impacts from the social, environmental and economic perspectives. Gasum takes determined steps to promote sustainable development in accordance with the princi....
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Published 3y-7mo-3w-3d-1h-25m ago
The Korean Register KR has granted approval in principle AIP for an 8K ammonia bunkering vessel, the first of its kind in Korea, reports offshore energy. Joint Development Project The bunkering vessel is owned by KMS EMEC, a design engineering company. The ship has been developed through a join....
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Published 3y-7mo-3w-3d-1h-28m ago
Drayage is a key component of transporting cargos for short distances, usually within a city or region. Drayage forms a crucial part of the logistics supply chain for a host of businesses. Its the process through which your freight makes it from the port or intermodal terminal to the next mode of tr....
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Published 3y-7mo-3w-3d-1h-41m ago
The Suez Canal blockage has delivered a significant boost to marine fuel volumes at Djibouti highlighting the country amp 8217 s potential as a bunkering location for ships passing through the Gulf of Aden and the Red Sea, reports Ship amp 38 Bunker. Bunker volumes climb high Bunker volumes were....
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Published 3y-7mo-3w-3d-2h-6m ago
A ICS press release reports the statement from Guy Platten, Secretary General of the International Chamber of Shipping, on the refloating of the Ever Given. Traffic resumes to normal! Along with the wider shipping community, ICS is pleased and relieved by the news that the Ever Given has been succes....
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Published 3y-7mo-3w-3d-3h-46m ago
Independent naval architect and marine engineering specialist Foreship on Friday 26 March said with around 60 exhaust gas scrubber references it suggests that better than expected return on investments from open loop systems will translate into further orders once coronavirus related uncertainties....
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Published 3y-7mo-3w-3d-4h-55m ago
Shipowners can find more efficiency and reduced emissions from their two stroke engines by applying the latest turbocharging technology, reports Riviera. New regulations Tankers and bulk carrier tonnage will have to shoulder most of the added pressure stemming from the introduction of the IMO Energy....
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Published 3y-7mo-3w-3d-6h-51m ago
Mitsui O.S.K. Lines MOL and Enviva, have signed a memorandum of understanding agreement to develop and deploy an environmentally friendly bulk carrier, says a press release published on their website. MoU signed Enviva, a global energy company specializing in sustainable wood bioenergy, and Mitsui....
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Published 3y-7mo-3w-3d-11h-16m ago
Mitsui O.S.K. Lines, Ltd. MOL and Kyushu Electric Power Co., Inc. Kyuden announced the basic agreement for the supply of liquefied natural gas LNG to two LNG fueled ferries operated by MOL Group company Ferry Sunflower Limited Ferry Sunflower amp 8211 the Sunflower Kurenai and the Sunfl....
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Published 3y-7mo-3w-3d-12h-6m ago
A former Glencore Plc trader was charged by U.S. authorities with conspiracy to manipulate a key oil price benchmark, the latest sign that prosecutors around the world are stepping up their scrutiny of the notoriously opaque commodity trading industry, says an article published in Bloomberg. Fede....
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Published 3y-7mo-3w-3d-22h-25m ago
GE Renewable Energy’s Grid Solutions and Sembcorp Marine awarded the full contract for the high voltage direct current HVDC transmission system Once operational, the Sofia offshore wind farm will be able to generate enough renewable energy to meet the electricity needs of almost 1.2 million aver....
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Published 3y-7mo-3w-3d-22h-38m ago
The 8th session of IMO’s Sub Committee on Pollution Prevention and Response PPR 8 took place virtually on 22 26 March 2021. Below is an overview of the key outcome of the meeting published by Lloyd’s Register on their website. Amendments to the IBC Code Among others, the meeting approved ame....
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Published 3y-7mo-3w-3d-23h-19m ago
According to an article published in Furgo, Fugro has reached a binding agreement with PXGEO Seismic Services Limited PXGEO to sell certain assets and the related business of its non core subsidiary Seabed Geosolutions for USD 16 million approximately EUR 14 million in cash and the transaction i....
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Published 3y-7mo-3w-3d-23h-28m ago
Amon Maritime teamed up with Navigare Logistics and Mosvolds Rederi to create a zero emissions dry bulk shipping company, says an article published in Splash 247. Zero emissions dry bulk shipping Ammonia fuel specialist Amon Maritime has teamed up with two Norwegian shipowners Navigare Logistics....
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Published 3y-7mo-3w-3d-23h-41m ago
Chinese gas supplier Shenzhen Gas has signed a contract with Hudong Zhonghua Shipbuilding for one firm and one option LNG newbuildings, reports Seatrade Maritime News. Largest river sea combined LNG carrier The 79,960 cu m vessel is the largest river sea combined type of LNG carrier developed by Hud....
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Published 3y-7mo-3w-4d-11m ago
The collective revenues of the world amp 8217 s top 14 publicly traded oil companies declined 35.4% in 2020, according to data compiled by Anadolu Agency from their financial results on Thursday. The year 2020 was a difficult year for oil markets, which saw both benchmarks record historic lows amid....
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Published 3y-7mo-3w-4d-24m ago
ClassNK has begun joint investigative research with Sompo Japan Insurance Inc.on risk assessment of autonomous ships, says a press release published on their website. Technology for autonomous operation Global efforts are accelerating toward the practical use of technology for autonomous operation i....
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Published 3y-7mo-3w-4d-10h-8m ago
NextDecade Corporation and Oxy Low Carbon Ventures OLCV , announced that they have executed a term sheet for the offtake and permanent geologic storage of CO2, says a press release published on Businesswire. Terms Of Agreement Under the terms of the agreement, OLCV will offtake and transport CO2 f....
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Published 3y-7mo-3w-4d-10h-16m ago
Multiple shipping companies are reportedly contacting the U.S Navy about the potential risks of piracy for ships traveling around Africa to avoid the blocked Suez Canal, the Financial Times reported Friday, amid growing concerns that the sky scraper sized ship may end up blocking one of the world....
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Published 3y-7mo-3w-4d-10h-29m ago
Demo rates have shot up in recent days, surpassing $500 per ldt and seeing many owners have a change of minds about their vintage vessels, reports splash247. Best Oasis Weekly Report “The subcontinent market is on an aggressive buying spree with Bangladesh leading the number game,” cash buyer Be....
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Published 3y-7mo-3w-4d-12h-53m ago
The six day blockage of the Suez Canal by a massive cargo ship has triggered a series of disruptions to global trade. It could take weeks, possibly months, to unravel, said Maersk, the world amp 8217 s largest container shipping company. The Ever Given had been partially refloated as of Monday morn....
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Published 3y-7mo-3w-4d-17h-27m ago
Analysts at Morgan Stanley believe that the insurance impact from the obstruction to the Suez Canal will be amp 8216 minimal amp 8217 . This may be attributed that to the efforts to free the grounded container ship have finally proved successful. Egypt’s vital trade waterway has been completely....
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Published 3y-7mo-3w-4d-17h-53m ago
A huge container ship that has been wedged in the Suez Canal since Tuesday has finally been freed from the shoreline. The Ever Given had been refloated at 15:05 13:05 GMT on Monday, thereby making free passage through the Suez Canal possible again. However, it is not clear yet when full traffic in....
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Published 3y-7mo-3w-4d-18h-10m ago
LR rates hit new 2021 highs East bound naphtha cargoes stuck West bound gasoil, jet fuel delayed Long Range 2, or LR2, clean tankers rates across Asia have flipped to a premium in Worldscale points over the LR1s for the first time in 10 weeks as supply tightens and uncertainty rises over the delays ....
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Published 3y-7mo-3w-4d-22h-57m ago
The overnight running aground of the containership, Ever Given, on both sides of the Suez Canal is unlikely to have a major impact on the LNG spot shipping market, reports ICIS. LNG spot shipping market amp 8220 Not really, amp 8221 answered a shipbroker when asked whether the grounding of the E....
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Published 3y-7mo-3w-4d-23h-21m ago
Royal Caribbean plans to resume sailings of some of its cruises with vaccinated adult guests, says a press release published on their website. Individual Cruises Announce Vaccine Mandates The announcement concerns the 311 metres long amp 8216 Adventure of the Seas amp 8217 and the 294 metres lon....
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Published 3y-7mo-3w-4d-23h-39m ago
Another mega container ship in serious trouble after contacting the pier, reports Maritime Bulletin. What happened Mega container ship contacted the pier on Mar 27 at Ambarli Port, Turkey, said Turkish Maritime General Directorate. The ship arrived at Ambarli, Istanbul, from Evyap Turkey, and con....
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Published 3y-7mo-3w-5d-27m ago
ClassNK, NAPA and Mitsui O.S.K. Lines, Ltd. has announced that the software they have been collaborating on to intelligently monitor and mitigate grounding risks has been verified, says a press release published on their website. Monitoring system The grounding risk monitoring system is based on s....
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Published 3y-7mo-3w-5d-9h-37m ago
Egyptian workers have been able to refloat the Ever Given after it spent six days stuck in the Suez Canal. The stranded container ship blocking the crucial trade route was refloated on Monday at around 5:42am 2:42pm AEDT and is currently being secured, Inch Cape Shipping Services said in a post on....
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Published 3y-7mo-3w-5d-11h-20m ago
Shipping amp 8217 s decarbonization goals need immediate action but choosing a winner from among the various alternative fuels is difficult as they come with their own set of advantages and limitations, with no one size fits all approach holding good anymore as impending environmental regulations l....
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Published 3y-7mo-3w-5d-13h-57m ago
New safety risks associated technologies will bring undoubted benefits. A new white paper from DNV reveals safety challenges and provides possible solutions to overcome them. A new white paper from DNV reveals safety challenges and provides possible solutions to overcome them. A DNV news report writ....
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Published 3y-7mo-3w-5d-22h-57m ago
GTT and the ship designer SDARI1 have received Approval in Principle AiP from the classification society DNV for a new technical solution applied to LNG fueled Bulk Carriers Newcastlemax type2 fitted with GTT membrane tank, says a press release published by GTT. Tank Design GTT designed the tank....
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Published 3y-7mo-3w-5d-23h-18m ago
According to an article published in Tanker Operator, Operating with scrubbers + heavy fuel oil can mean a shipping company makes lower CO2 emissions than using low sulphur fuel oil, says Kai Låtun , Director Sales and Public Affairs, Yara Marine Technologies. Low sulphur product The reason is a la....
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Published 3y-7mo-3w-5d-23h-40m ago
Platts and SEA LNG expands LNG fuel pricing visibility by a new collaboration, says a press release published on their website. Fuel pricing visibility S amp 38 P Global Platts Platts and SEA LNG announced a new collaboration to increase visibility in fuel bunker pricing and improve decision ma....
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Published 3y-7mo-3w-5d-23h-41m ago
Cheniere and Shell/BG vessels change routes to avoid congestion at the Suez Canal in Egypt. The logjam has disrupted one of the busiest trade routes in the world. At least 10 tankers and container ships are altering course. At least 10 tankers and container ships, including two that are carrying nat....
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Published 3y-7mo-3w-5d-23h-45m ago
TECO 2030 ASA has completed the feasibility and concept study for marine fuel cells together with its Austrian partner AVL List GmbH, says a press release published on their website. GHG emission reduction As informed, the company is now moving over to the next phase of maritime fuel cell developmen....
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Published 3y-7mo-3w-6d-7m ago
Panelists representing different aspects of the marine fuels supply chain on 24 March shared their perspectives on operational issues onboard vessels amidst varying bunker fuel quality at the 12th Fujairah International Bunkering and Fuel Oil Virtual Forum FUJCON 2021 , says an article published in....
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Published 3y-7mo-3w-6d-12m ago
Unite Nations organizations last week issued a joint call for the world amp 8217 s seafarers to be prioritized for COVID 19 vaccination, stressing their key role in supporting global trade, reads the World Health Organization website. The heads of five UN organizations have called for maritime and ....
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Published 3y-7mo-3w-6d-22m ago
amp 160 One of two dredgers working to release the Evergreen containership, has nearly completed work to free its bow and attempts to refloat the vessel will begin shortly. Nearly 240 vessels are awaiting transit through the Suez Canal as further attempts are made to release the Panama flagged, 2....
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Published 3y-7mo-4w-12h-17m ago
The blockage of the Suez Canal comes a year too late for shipping giants. The massive Ever Given container vessel remains beached across the channel. Moller Maersk and others will soon have to re route via South Africa, adding time and fuel costs. A year ago, with crude prices in free fall, many did....
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Published 3y-7mo-4w-12h-28m ago
Australian maritime authorities have detained two vessels owned by a controversial Qatari shipping company for serious labour rights breaches just weeks after the crew on another of Aswan Trading and Contracting’s ships were driven to hunger strike off the coast of Kuwait, reports Splash247. Black....
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Published 3y-7mo-4w-15h-22m ago
Container spot rates from Asia to Europe look set to surge again, as carriers are obliged to blank sailings in response to the Suez Canal blockage, reports The Load Star. Covering extra fuel cost The Loadstar understands that shipping lines are considering introducing a Cape surcharge for vessels t....
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Published 3y-7mo-4w-22h-28m ago
The cargo ship blocking the Suez Canal is holding up traffic that carries nearly $10 billion worth of goods every day, so a quick clearing of the logjam is key to limiting the economic fallout, reads an article in Money Control. Efforts continued Thursday to dislodge the Ever Given container ship an....
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Published 3y-7mo-4w-23h-54m ago
The cargo ship blocking the Suez Canal is holding up traffic that carries nearly $10 billion worth of goods every day, so a quick clearing of the logjam is key to limiting the economic fallout, reads an article in Money Control. Efforts continued Thursday to dislodge the Ever Given container ship an....
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Published 3y-7mo-4w-23h-54m ago
Ever Given owner: Aim to refloat the container ship by the night of March 27 local time LNG tankers, container ships diverted Saturday March 27 high tide awaited: brokers Refined product cargoes from Persian Gulf to Europe seen delayed by up to a week According to data intelligence firm Kpler, Se....
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Published 3y-7mo-4w-1d-39m ago
The Republic of the Marshall Islands RMI Registry comprises the world’s youngest blue water fleet with an average age of 9.4 years based on Clarksons Research’s World Fleet Register, says a press release published on their website. Energy Savings Technologies Clarksons has established “green....
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Published 3y-7mo-4w-1d-4h-21m ago
The overnight running aground of a mega container ship that has blocked maritime traffic on both sides of the Suez Canal is delaying ship movement and will disturb trade flows in the near term, reports S amp 38 P Global Platts. The Suez Canal Market participants are already reworking itineraries fo....
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Published 3y-7mo-4w-1d-7h-16m ago
The container ship that ran aground in the Suez Canal yesterday has been partially refloated, shipping agent GAC said today. There are signs of a build up in tanker traffic at either end of the vital conduit. The Ever Given, an ultra large container carrier, was partially refloated as of 12:00 local....
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Published 3y-7mo-4w-1d-12h-53m ago
Fire erupts on a cargo ship berthed at Port Hedland overnight. A number of firefighters have been directed to self isolate after battling the fire. The ship’s crew had not yet been given permission to disembark under Western Australia’s COVID 19 laws. A recent news article published in the ABC N....
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Published 3y-7mo-4w-1d-15h-37m ago
The Ever Given, a container ship, ran aground on March 23 after being caught in 40 knot winds and a sandstorm that caused low visibility and poor navigation. The vessel has wedged across the Suez Canal, blocking one of the world amp 8217 s busiest waterways. Authorities attempted to re float the ve....
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Published 3y-7mo-4w-1d-23h-49m ago
The Methanol Institute MI on March 24 announced A.P. Moller amp 8211 Maersk as the association’s newest member company, says an article published in Maersk. Vessel Plan Maersk’s first carbon neutral vessel will be a methanol dual fuel ship. It will have a capacity of around 2000 TEU and be ....
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Published 3y-7mo-4w-1d-23h-52m ago
According to an article published in Seaspan, Seaspan Corporation has signed a Partnership Agreement with the Mærsk Mc Kinney Møller Center for Zero Carbon Shipping, joining with other partners to develop carbon neutral solutions and new alternative fuels. Global emissions tackle With 70,000 ships....
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Published 3y-7mo-4w-2d-2m ago
Statista Research Department has published a statistic report which represents the world amp 8217 s leading container ship operators as of March 17, 2021, based on the number of ships in their order books. Did you subscribe to our daily newsletter It’s Free! Click here to Subscribe! Source: Stat....
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Published 3y-7mo-4w-2d-10m ago
According to a recently published press release on their website, The International Chamber of Shipping ICS has coordinated a number of shipping bodies in launching a practical guide on COVID 19 vaccinations for use throughout the industry. The guide is part of an effort to ensure that seafarers ar....
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Published 3y-7mo-4w-2d-10m ago
Wilhelmsen wishes to re designs the organisation of the group portfolio to intensify growth of maritime services and renewable energy and decarbonisation, says an article published on their website. CEO of Wilhelmsen on their investment “Our strategy is very clear, we will contribute to the energy....
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Published 3y-7mo-4w-2d-10m ago
Hyundai Heavy Industries hosted a naming ceremony for the 16,000 TEU container ship HMM Gaon, at its headquarters in Ulsan on March 22, reports Offshore Energy. Second newbuild from HMM The colossal containership is the second newbuild from a batch of eight ships ordered by HMM. The start of the del....
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Published 3y-7mo-4w-2d-24m ago
There is a reason that safety initiatives can struggle to achieve sufficient support. For those of us responsible for safety in our organizations haven’t consistently conveyed the total injury costs to key decision makers. Some costs associated with an injury are apparent and easy to assign to a s....
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Published 3y-7mo-4w-2d-5h-53m ago
Hapag Lloyd AG plans to issue a sustainability linked corporate senior note in the amount of EUR 300 million. It will comply with the principles of the International Capital Market Association ICMA . To this end, a consortium of banks was engaged today to hold meetings with potential investors in t....
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Published 3y-7mo-4w-2d-6h-52m ago
International Maritime Organisation and its committees specifically the Maritime Safety Committee MPC and the Technical Cooperation Committee has been continually striving for better safety standards and working conditions at sea. IMO GISIS GISIS Global Integrated Shipping Information System is ....
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Published 3y-7mo-4w-2d-21h-36m ago
Finland based Wartsila has entered two long term optimised maintenance agreements with Japan based NYK LNG Ship Management, reads the company website. The 15 year agreements, which were signed in December last year, came into force from January. LNG vessels with dual fuel engines Under the agreement....
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Published 3y-7mo-4w-2d-22h-48m ago
Shipping is concerned that the numbers of seaferers being impacted by the crew change crisis are on the rise due to travel restrictions imposed by governments in response to new variants, reads a press release from ICS. Surge in crew change crisis A total of 200,000 seafarers remain affected by the ....
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Published 3y-7mo-4w-2d-23h ago
Corvus Energy, the global leading supplier of zero emission solutions for the ocean space, is now offering a global lease financing product in cooperation with Viridis Kapital, reads a news on their website. Zero emission solutions Halvard Hauso, CCO of Corvus Energy, “We are pleased to offer our ....
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Published 3y-7mo-4w-2d-23h-13m ago
According to an article published on Saftey4sea, Non governmental organizations are calling on the IMO to immediately reduce climate warming emissions of black carbon from ships currently using heavy fuel oil in the Arctic by some 44%, by switching them to cleaner distillate fuels. NGOs call IMO to....
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Published 3y-7mo-4w-2d-23h-27m ago
Kongsberg Digital announced that Dorian LPG Ltd. has contracted to install Vessel Insight to its entire fleet of 22 LPG carriers, says an article published in marine insight. Purpose on installation of Vessel Insight The purpose behind installation of Vessel Insight by Dorian is to collect critical ....
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Published 3y-7mo-4w-2d-23h-40m ago
Singapore is now able to provide liquefied natural gas LNG bunkering to larger LNG powered vessels. This is attributed to the launch of the first ship to containership bunkering operation in Asia on Wednesday. The bunkering operation involving the containership CMA CGM Scandola and Singapore amp ....
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Published 3y-8mo-3h-2m ago
Successful implementation of the IMO 2020 rule is attributed to the cooperation of the stake holders. It has provided a future pathway for impending stricter environmental rules and other changes in international shipping. IMO is working hard to promote the uptake of alternative fuels. It also aims ....
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Published 3y-8mo-3h-20m ago
amp 160 A standoff between commodities giants and shipping companies is prolonging the labor crisis at sea. An estimated 200,000 seafarers still stuck on their vessels beyond the expiration of their contracts and past the requirements of globally accepted safety standards. In an effort to keep de....
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Published 3y-8mo-3h-29m ago
amp 160 The U.K. government is considering whether to include the shipping industry in its new carbon market as it seeks ways to eliminate transport pollution by 2050, reports bloomberg quint. Emissions Trading System Maritime Minister Robert Courts said the U.K. may follow the European Union’s....
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Published 3y-8mo-4h-27m ago
Oil climbed as investors assessed the impact on global crude flows after a ship ran aground and blocked the Suez Canal, following a sell off on Tuesday, reports Yahoo Finance. Markets reprieve Crude was also bolstered by positive economic data as Europe posted a record increase in factory output.....
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Published 3y-8mo-5h-17m ago
West Coast ports track Asia lower Weaker US crude segments pressure Latin America Tight supply props up New Orleans premium over Houston Spot retail bunkers pricing trended lower the week of March 15 19 throughout the Americas, tracking a sharp decline in US energy futures amid demand concerns tied ....
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Published 3y-8mo-10h-59m ago
Last year was an unprecedented year for natural gas and liquefied natural gas LNG markets. Whereas natural gas demand declined by 3%, LNG demand proved to be more resilient and managed to grow 1%. Nevertheless, the LNG market was extremely volatile, with periods of extreme oversupply alternating ....
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Published 3y-8mo-12h-9m ago
The International Chamber of Shipping ICS has warned that lack of access to vaccinations for seafarers is placing shipping in a ‘legal minefield’. This will as well leave the global supply chains vulnerable. ICS highlights concerns that vaccinations could soon become a compulsory requirement f....
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Published 3y-8mo-12h-34m ago
The best fleet in the drybulk segment, outperforming peers in terms of rates while keeping a low cash breakeven. Bullish supply/demand outlook for the next years in the drybulk market. Full alignment of interests, as founders and management are the largest shareholders. Free cash flow paid monthly a....
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Published 3y-8mo-13h-3m ago
In ocean shipping, present success often breeds future failure. Across the decades, freight rate spikes have spurred newbuilding sprees, wiping out freight rates. Which brings us to today: Container freight rates are spiking and container ship newbuild orders are surging at yards in China, South Kor....
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Published 3y-8mo-13h-9m ago
Officials are amp 8220 confident amp 8221 Australia amp 8217 s new $2 billion icebreaker will fit under a Tasmanian bridge it needs to pass in order to refuel. The RSV Nuyina icebreaker is set to replace the Aurora Australis, which left Hobart on its final voyage to a Dubai shipyard in December....
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Published 3y-8mo-13h-16m ago
amp 160 In international commercial transactions, the terms Delivery Duty Paid DDP and Delivery Duty Unpaid DDU are used to indicate two different types of sales and shipping transactions. Delivery Duty Unpaid DDU is defined as the delivery of goods to the buyer at the port of destination w....
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Published 3y-8mo-20h-51m ago
The South Korean government will back infrastructure on hydrogen fuel supplying facilities and add hydrogen fuel at gas stations across the nation amid its push to nurture hydrogen ecosystem, reports Pulse News. Hydrogen shipping centers The Ministry of Trade, Industry and Energy announced Tuesday t....
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Published 3y-8mo-21h-43m ago
According to an article published in BM Global, South Korea’s largest shipbuilding group, Hyundai, is pushing ahead with carbon dioxide shipping solutions. New CO2 Carrier system Hyundai Mipo Dockyard outlined plans to develop a containment system for new CO2 carriers, supported by class society t....
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Published 3y-8mo-22h-53m ago
According to an article published in AA Energy, Qatar Petroleum has inked a 10 year LNG Sale and Purchase Agreement SPA with China Petroleum amp 38 Chemical Corporation Sinopec for the supply of 2 million tons per annum of LNG to China, the company announced on Monday. Contract Ceremony The M....
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Published 3y-8mo-23h-32m ago
According to an article published in IMO, the crew change crisis caused by COVID 19 restrictions continues to cause challenges, despite some improvement in the numbers, the Secretary General of the International Maritime Organization has warned. Industry Analysis In a statement, Secretary General....
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Published 3y-8mo-1d-31m ago
ClassNK has issued an Approval in Principle AiP for the design of a methanol dual fueled tanker developed by Sumitomo Heavy Industries Marine amp 38 Engineering Co., Ltd, says a press release published on their website. About the AiP Leading Classification Society ClassNK has issued an Approval....
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Published 3y-8mo-1d-3h-22m ago
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. The index is reported every Friday except Chinese holidays at 1600 Beijing . Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping Exchange Route 2021 0....
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Published 3y-8mo-1d-11h-20m ago
A number of shipping bodies are concerned that the numbers of seafarers being impacted by the crew change crisis are on the rise due to travel restrictions imposed by governments in response to new variants where Calls are growing to ensure seafarers receive priority vaccines, says an article publis....
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Published 3y-8mo-1d-12h-13m ago
GEV is pleased to advise the American Bureau of Shipping has issued its Approval in Principle for the C H2 Ship containment system. It is based on a cargo capacity of 2,000 tonnes of hydrogen. The hydrogen containment system patent pending is the most critical component of the Company’s C H2 Shi....
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Published 3y-8mo-1d-15h-48m ago
The UK Maritime Accident Investigation Board reports on the investigation of the engine failure and fire on board the ro ro cargo vessel Finlandia Seaways resulting in injury to one crewman. Incident summary On 16 April 2018, the Lithuanian registered ro ro cargo vessel Finlandia Seaways suffered a ....
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Published 3y-8mo-1d-22h-2m ago
A.P. Moller amp 8211 Maersk is looking for a Biofuel Manager to join their newly established Future Fuels team and help them explore, assess and mature new carbon neutral fuels for their fleet. The future fuels team is a part of Maersk newly established Decarbonisation Group, which also covers ar....
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Published 3y-8mo-1d-22h-21m ago
Competition launched to develop innovations for a greener shipping future, including zero emission vessels and clean port infrastructure. Maritime investment will drive economic growth and ensure the UK builds back greener from the coronavirus COVID 19 pandemic. Comes as studies announced to suppo....
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Published 3y-8mo-1d-22h-30m ago
This March, on 23rd and 24th, the eyes of the global maritime community will turn to the Mediterranean region as a well recognized maritime networking expert amp 8211 IGGS Group amp 8211 will host the virtual event amp 8211 Mediterranean Maritime Forum Online. Among the participants for thi....
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Published 3y-8mo-1d-22h-34m ago
The Standard Club introduces Standard Club’s series of masters’ guides to tackle key loss prevention challenges, says an article published in Safety4Sea based on their exclusive interview with The Standard Club. Enhanced safety at sea Capt. Yves Vandenborn, Director of Loss Prevention, The Stand....
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Published 3y-8mo-1d-23h-50m ago
Shipbroker Simpson Spence Young SSY claims forward freight agreements FFAs will play an integral role in the volatile LNG market, says a press release published on their website. LNG freight futures contracts Intercontinental Exchange ICE amp 8211 an operator of global exchanges and clear....
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Published 3y-8mo-2d-16m ago
The Baltic Briefing has released a report about the dry bulk market for the 11th week of shipping activities of this year. The report dated 19th March highlights the dry bulk market conditions at the on sight of the 11th week. Capesize 5TC Capesize market A steady build for the Capesize market saw....
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Published 3y-8mo-2d-22m ago
The Baltic Briefing has issued the tanker report for the 11th week of this year. The report dated 19th March 2021 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities. VLCC Rates have firmed slightly in the Atlantic and remain unmoved in the Mi....
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Published 3y-8mo-2d-30m ago
GreenVoyage2050 is a partnership project between the Government of Norway and the International Maritime Organisation. It aims to help developing countries and small island nations meet their environmental shipping target, in line with the IMO goal of cutting down CO2 emissions by 2050. Several coun....
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Published 3y-8mo-2d-10h-34m ago
A freighter ran aground off northwestern Canakkale province on Thursday and was pulled off seabed on Saturday, reports AA.com. What happened Panama flagged freighter carrying cargo of silica sand ran aground near Bozcaada island off northwestern Canakkale province on Thursday and was was pulled off....
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Published 3y-8mo-2d-11h-53m ago
René Zulauf and Manuel Angehrn of Deloitte Switzerland look at how the federal government has planned to boost the country’s attractiveness as an international business hub for maritime activities, reports International Tax Review. 11th largest fleet Switzerland, located geographically in the hea....
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Published 3y-8mo-2d-12h-32m ago
The global economy will accelerate in 2021, though with significant variation around the world, writes Bill Conerly for Forbes. Rebounds in goods trade The world will benefit from vaccinations, both directly in fewer illnesses and indirectly as lockdowns and fears subside. It will take most of 2021 ....
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Published 3y-8mo-3d-3h-32m ago
Total reinforces its commitment to developing Singapore into a major LNG maritime hub for Asia, says a press release published on their website. License awarded by MPA The Maritime and Port Authority of Singapore MPA has awarded a third Liquefied Natural Gas LNG bunker supplier license to Total....
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Published 3y-8mo-1w-11h-47m ago
The salvage crews began cutting apart the capsized Golden Ray. It is a shipwreck the size of a 70 story office building with 4,200 cars within its cargo decks. It has been predicted the demolition could be wrapped up by New Year’s Day but it is far from completion. A recent news published in the W....
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Published 3y-8mo-1w-14h-9m ago
The UN Model Regulations for the Transport of Dangerous Goods were amended to determine that if the 2.5 Year Intermediate Inspection and Test is delayed. May be beyond the allowed 3 months after the specified date of expiry, the delayed test should be replaced with a 5 year Periodic Inspection and T....
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Published 3y-8mo-1w-14h-23m ago
Deltamarin, Wärtsilä and Gasum present: Future proof ship design with Paul and the three maritime musketeers The IMO’s ambitious GHG strategy calls for massive emission reductions by 2050. At the same time, the pace of digitalisation is accelerating, says a press release published on their websi....
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Published 3y-8mo-1w-21h-9m ago
In international commercial transactions, the terms Delivery Duty Paid DDP and Delivery Duty Unpaid DDU are used to indicate two different types of sales and shipping transactions. DDU is defined as the sale and delivery of goods to the buyer after payment of customs duties. Marine Insight descr....
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Published 3y-8mo-1w-22h-10m ago
Meiji Shipping is expanding its fleet of LNG tankers as part of efforts to strengthen its ship management business, says an article published in Argus Media. LNG shipping demand Japanese shipowner Meiji Shipping is expanding its fleet of LNG tankers as part of efforts to strengthen its ship manageme....
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Published 3y-8mo-1w-23h-52m ago
The joint venture between Karpowership and Mitsui OSK Lines the “KARMOL”, said its first floating storage regasification unit FSRU is set to begin sea trials off Singapore, says a press release published on MOL website. Begins sea trials off Singapore KARMOL amp 8217 s first Floating Storag....
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Published 3y-8mo-1w-1d-19m ago
ClassNK certifies “SOPass” as Innovation Endorsement for Product amp 38 Solutions developed by Kawasaki Heavy Industries, Ltd. KHI , says a press release published on their website. ClassNK certification “SOPass” developed by Kawasaki Heavy Industries, Ltd. KHI , has been certified by L....
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Published 3y-8mo-1w-1d-34m ago
At least 5% of fuel used by ships around the world will need to be zero emission by 2030 if the shipping industry is to meet decarbonization goals set out in the Paris Agreement, according to an environmental coalition of industry players, says an article published in IHS Markit. Working for Decarbo....
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Published 3y-8mo-1w-1d-1h-11m ago
Sales of marine fuels at Singapore port rose by 6.2% on year during February 2021, according to Maritime and Port Authority of Singapore MPA data, says an article published in Manifold Times. Bunker fuel trade In total, 4.12 million metric tonnes mt exact: 4,120,101 mt of various bunker fuels ....
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Published 3y-8mo-1w-1d-1h-37m ago
The Baltic Exchange amp 8217 s main sea freight index rose to 5 month peak, reports Yahoo Finance. Firm vessel rates The Baltic Exchange amp 8217 s main sea freight index rose to its highest in more than five months on Monday, as rates across vessel segments strengthened. Baltic dry index gain The....
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Published 3y-8mo-1w-1d-5h-56m ago
New NOAA ocean exploration ship to be based in Newport, Rhode Island. The state of the art ship will operate off the coasts of the U.S. and its territories. Discoverer will be able to deploy remotely operated vehicles ROVs to explore the ocean. Newport, Rhode Island, has been chosen as the future ....
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Published 3y-8mo-1w-1d-6h-2m ago
Container shipping, with its direct exposure to retailers and consumers, should lead the maritime industry amp 8217 s journey to a zero carbon future, Morten Bo Christiansen, head of decarbonization at A.P. Moller Maersk , told S amp 38 P Global Platts in an interview, reports S amp 38 P Global. ....
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Published 3y-8mo-1w-1d-6h-20m ago
The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID 19 in relation to implementation measures imposed by governments. This is concerning sea transport including for crew change as well as from the United Nation bodies like the IMO, WHO and ILO. BIMCO ....
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Published 3y-8mo-1w-1d-11h-8m ago
amp 160 Icebreaking operations in full swing on Great Lakes, Coast Guard says. Commanding Officer Travis Borchuk of the Canadian Coast Guard says the first time he was aboard an ice breaker was as an 18 year old cadet. He was aboard the CCGS Louis St Laurent on the Arctic Ocean. As per a CBC new....
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Published 3y-8mo-1w-1d-11h-50m ago
Salvage crews in early November began cutting apart the capsized Golden Ray. A shipwreck the size of a 70 story office building with 4,200 cars within its cargo decks, they predicted the demolition could be wrapped up by New Year amp 8217 s Day. Months later, the job remains far from finished. Both....
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Published 3y-8mo-1w-1d-12h-9m ago
Any shore based personnel who is going on board a vessel in the port must produce proof that he/she has a valid COVID 19 Polymerase Chain Reaction PCR test taken. It should be taken as part of the RRT programme before boarding the vessel. The test result must be within the last 14 days for shore b....
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Published 3y-8mo-1w-1d-13h-55m ago
Container shipping group CMA CGM said that it expected activity to remain strong in the first half of this year after brisk demand for consumer goods boosted its profits at the end of last year, says an article published in Reuters. CMA CGM Net profit earnings France based CMA CGM said its fourth qu....
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Published 3y-8mo-1w-1d-23h-7m ago
Shippers should invest in solar power as well as other technologies including zero emission hydrogen fuel cells and biofuels, which can be made of everything from leftover cooking oil to algae, says an article published in MH amp 38 L. Shipping industry amp 8217 s environmental menace Shipping i....
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Published 3y-8mo-1w-1d-23h-26m ago
Asia amp 8217 s crude oil market remained resolute at the start of the week beginning March 15 amid bullish sentiment fueled by improved second half 2021 outlooks, including OPEC amp 8217 s revised forecast for H2 2021 oil demand, reports Platts. Middle East Crude Trade activity in the week ahead ....
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Published 3y-8mo-1w-2d-3m ago
The Baltic Briefing has released a report about the dry bulk market for the 10th week of shipping activities of this year. The report dated 12th March highlights the dry bulk market conditions at the on sight of the 10th week. Capesize It was another rollercoaster week with high activity on the west....
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Published 3y-8mo-1w-2d-18m ago
Trafigura and Woodside collaborate on first carbon offset condensate cargo from Pluto LNG, says a press release published on their website. First cargo of carbon offset condensate Woodside Burrup Pty Ltd Woodside and its Pluto LNG joint venture participants Kansai Electric Power Australia Pty Lt....
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Published 3y-8mo-1w-2d-32m ago
Three LNG powered VLCCs to be built through partnership with Shell Half of Shell amp 8217 s time chartered ships to be powered by dual fuel LNG Aging fleet together with ESG targets set to keep fleet supply in check US based International Seaways INSW has signed an agreement to build three dual f....
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Published 3y-8mo-1w-2d-35m ago
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. The index is reported every Friday except Chinese holidays at 1600 Beijing . Weekly composite index covering 20ft, 40ft, and Hi Cube box rates by Ningbo Shipping Exchange The weekly ....
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Published 3y-8mo-1w-2d-40m ago
The Baltic Briefing has issued the tanker report for the 10th week of this year. The report dated 12th March 2021 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities. VLCC Middle East region rates Overall rates slipped further downwards, for t....
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Published 3y-8mo-1w-2d-46m ago
Container shipping group CMA CGM expects activity to remain strong in the first half of this year after brisk demand for consumer goods boosted its profits at the end of last year, reports Reuters. Strong Q4 earnings France based CMA CGM said its fourth quarter earnings before interest, tax, depre....
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Published 3y-8mo-1w-2d-2h-12m ago
Shell will charter ten new Very Large Crude Carriers VLCCs powered by liquefied natural gas LNG , says a press release published on their website. Reduce carbon emissions Shell will charter ten new Very Large Crude Carriers powered by liquefied natural gas as the energy giant seeks to reduce ca....
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Published 3y-8mo-1w-2d-9h-10m ago
According to a recent article published in Business Mirror, companies argue that seafarers are not eligible for benefits by pointing to the medical reports that the seafarer’s illness is not work connected. Report from company designated physician In most of the seafarer’s cases about disabili....
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Published 3y-8mo-1w-2d-9h-35m ago
amp 160 The Maritime and Coastguard Agency MCA announced that six foreign flagged ships remained under detention in UK ports during February 2021 after failing port state control PSC inspection. New detentions During February, there were zero new detentions of foreign flagged vessels in a UK ....
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Published 3y-8mo-1w-2d-11h-36m ago
ClassNK has granted its Remote Survey RMSV notation for an LNG fueled PCC operated by Kawasaki Kisen Kaisha, Ltd. “K” LINE , says a press release published on their website. Remote Survey RMSV notation Leading Classification Society ClassNK has granted its Remote Survey RMSV notation fo....
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Published 3y-8mo-1w-2d-11h-45m ago
Kiel canal transit was restricted after a general cargo ship struck Northern Lock’s Gate in Kiel, Kiel Canal at around 1800 UTC Mar 13, reports Maritime Bulletin. What happened A general cargo ship struck Northern Lock’s Gate in Kiel, Kiel Canal at around 1800 UTC Mar 13, while entering Canal....
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Published 3y-8mo-1w-2d-11h-56m ago
Fire erupted onboard a cruise ship, berthed at Kerkira, Corfu, Greece, in the afternoon Mar 12, reports Maritime Bulletin. Raging fire Fire seems to be raging starboard on a lifeboat deck, one of the lifeboats seemingly engulfed in fire. According to reports, there’s a lot of thick black smo....
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Published 3y-8mo-1w-2d-11h-59m ago
In July 2020, two fully functional Maersk containers were skillfully painted with a rainbow to join Maersk’s fleet. On March 11, 2021, they will embark on their World Tour, reports Maersk. The Itinerary First part of the journey for the 40 and 20 foot rainbow containers will be aboard the Maersk E....
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Published 3y-8mo-1w-2d-21h-49m ago
Even though the one year anniversary of the COVID 19 lockdowns is upon us and our world is starting to slowly open up in a way we have not been accustom to these last several months, the negative effects of buying more goods, both on line and in store is catching up with us, reports Forbes. Disrupti....
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Published 3y-8mo-1w-2d-21h-50m ago
The extension of the Organisation of the Petroleum Exporting Countries plus Opec+ output cuts into April may lend strength to oil prices, but will intensify the pain felt by the tanker shipping sector, reports The Star. Production Increase Nonetheless, analysts believed this would also set the sta....
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Published 3y-8mo-1w-2d-21h-51m ago
Lloyd amp 8217 s Register has approved designs for an ammonia fuelled 40,000m³ midsize gas carrier put forward by Belgium based shipowner Exmar, says an article published in Argus. Ship Design The ship was designed by China amp 8217 s Jiangnan Shipyard and Finland amp 8217 s Wartsila developed t....
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Published 3y-8mo-1w-2d-23h-8m ago
Hamburg based third party ship manager Zeaborn Ship Management ZSM has chosen Wärtsilä Voyage’s Fleet Operations Solution FOS as the digital navigation platform for its managed tanker fleet, says a press release published by Wartsila. Wärtsilä Voyage Order Each of their 12 vessels will de....
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Published 3y-8mo-1w-3d-6m ago
Platts defers plan to include West Texas oil prices in its basket of international crudes following pushback from industry, says an article published in The World Street Journal. Plans put on hold Plans for the biggest overhaul in decades of how international oil prices are measured are being put on....
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Published 3y-8mo-1w-3d-44m ago
East of Suez Long Range 1, or LR1 tankers traded at the highest level seen in 2021, on the back of tight supply as more ships delay their return to the Persian Gulf, reports Platts. Tankers for cargo backhaul More tankers are getting backhaul employment for loading cargoes in North Asia and this h....
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Published 3y-8mo-1w-3d-1h-46m ago
An increasing tendency for containership operators to defer dry docking operations to keep their vessels trading could be building unseen congestion pinch points for the industry, says an article published in The Loadstar. Dry docked Ships Leading hull paint supplier Nippon Paint Marine said a numbe....
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Published 3y-8mo-1w-4d-11h-15m ago
In a pioneering tanker move, Monjasa enables outer anchorage bunker supplies off Cristobal. This means significantly less idle time for larger ships taking bunkers in the Panama Canal, says a press release on their website. Sustain the Attractiveness Global oil and shipping group Monjasa brings MT M....
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Published 3y-8mo-1w-4d-20h-43m ago
K Line plans to establish a new department focusing on businesses and projects for carbon neutrality including renewable energy effective on April 1st, 2021, reads the company newsletter. Need for maritime decarbonization The requirement of de carbonization is rapidly growing in the world and it acc....
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Published 3y-8mo-1w-5d-45m ago
Emergency responders have recovered nearly 30 tonnes of bunker oil that continues to leak from a historic shipwreck off the west coast of Vancouver Island, reports CTV News. Historic shipwreck The 150 metre cargo ship MV Schiedyk ran aground and sank in Nootka Sound in January 1968. The wreck lay do....
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Published 3y-8mo-1w-5d-1h-2m ago
PM Modi inaugurates amp 8216 Maritime India Summit 2021 amp 8217 , launches e book of maritime vision 2030 aimed at making the industry at par with the top global benchmark, reports The Hindu Business Line. Benefits India launched a real time vessel tracking system that can help seafarers and fis....
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Published 3y-8mo-1w-5d-3h-24m ago
The Baltic Exchange amp 8217 s main sea freight index drifted lower on Thursday, slipping from 5 month high, reports Yahoo Finance. Baltic index drift The Baltic Exchange amp 8217 s main sea freight index drifted lower on Thursday, having gained in the last seven sessions to hit a high since Octob....
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Published 3y-8mo-1w-5d-4h-41m ago
Tokyo MoU launches remote PSC inspections as a practical alternative in the interim, says a press release published on their website. Remote PSC inspections In response to the impact of the pandemic to PSC activities, Tokyo MoU decided to launch remote PSC inspections as a practical alternative in....
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Published 3y-8mo-1w-5d-10h-19m ago
The Green Methanol Cooperation GMC wants to establish green methanol on the market. Green methanol is carbon neutral and can be extracted from the air. Environmentally friendly solution to stricter regulations in the maritime industry Germany’s Uniper has teamed up with shipping service provider....
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Published 3y-8mo-1w-5d-10h-52m ago
At a webinar organised by DNV GL, senior representatives of Latsco, Stena Teknik and UECC shared perspectives on the practicality of decarbonising shipping, reports Tanker Operator. IMO2050 target Harry Robertsson, technical director of Stena Teknik, Stena’s internal technical advisory company, sa....
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Published 3y-8mo-1w-5d-11h-16m ago
Three incidents of armed robbery against ships in Asia in February 2021, reports ReCAAP ISC. Incidents reduced There were three incidents of armed robbery against ships in Asia in February 2021, according to ReCAAP ISC amp 8217 s monthly report. No piracy incident was reported. The number of inci....
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Published 3y-8mo-1w-5d-12h-3m ago
The California Air Resources Board CARB staff will begin additional analysis of fuel samples taken during the inspection of ocean going ships to verify compliance with the local environmental regulations, starting in May 2021, reports safety4sea. Scrubber compliance not allowed! According to the S....
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Published 3y-8mo-1w-5d-21h-45m ago
BIMCO and the RINA have identified a need for an alternative method to determine an accurate reference speed. The aim is to secure that older ships also can obtain a reliable energy efficient design index. BIMCO and the Royal Institution of Naval Architects RINA proposed an alternative method in o....
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Published 3y-8mo-1w-5d-22h-11m ago
Industry partners welcome “moon shot” proposal from governments to set up a $5 billion USD fund to help shipping meet UN decarbonisation goals. Governments controlling a major share of world shipping to submit detailed proposals to the United Nations International Maritime Organization. Shipping....
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Published 3y-8mo-1w-5d-22h-40m ago
Daily earnings slumped to the lowest since at least 2017. Rates hit by OPEC production cuts and an oversupply of vessels. Supertanker amp 8217 s loss deepened to $6,779 a day amid OPEC cuts, writes Alex Longley for an article published in Bloomberg. What is the reason With too many vessels to haul....
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Published 3y-8mo-1w-6d-2m ago
Singapore is the first country to ratify the Convention on the International Organization for Marine Aids to Navigation, says a press release published on the MPA website. Ratifying the Convention On 9 March 2021, Singapore ratified the Convention on the International Organization for Marine Aids ....
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Published 3y-8mo-1w-6d-5m ago
GoodBulk Ltd., a leading owner, and operator of dry bulk vessels announces its financial results for the fourth quarter of 2020, says an article published on their website. 4th Quarter Highlights Generated $7.6 million of net profit resulting in earnings per share EPS of $0.25. EBITDA for the peri....
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Published 3y-8mo-1w-6d-7m ago
General cargo ship sank in stormy weather east of Constanta, Romania, with cargo of coal, reports Maritime Bulletin. What happened A general cargo ship loaded with cargo of coal sank in stormy weather east of Constanta, Romania, early in the morning Mar 11. She was en route from Rostov, Azov sea,....
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Published 3y-8mo-1w-6d-49m ago
Greek Construction Company, TERNA S.A., a 100% subsidiary of the GEK TERNA Group, has awarded MAN Energy Solutions the contract for the engineering of, and supplying services to, an LNG truck loading infrastructure project, says a press release published on their website. About Development Programme....
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Published 3y-8mo-1w-6d-3h-47m ago
US based dry bulk owner is bullish on the sector this year, and is even more so for 2022 due to a continuing shrinking fleet. The capsize rates should bounce back by April. The market was hit by supply issues rather than any demand concerns. GENCO, a US listed bulker owner, is positive on freight ra....
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Published 3y-8mo-1w-6d-7h ago
Some of the world amp 8217 s biggest exporters in Asia are intervening to alleviate a shipping container shortage that jeopardizes their overseas trading, reports Bloomberg Quint. Container Shortage Government owned Indian Railways has moved empty boxes to inland depots like Delhi from seaports....
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Published 3y-8mo-1w-6d-7h-57m ago
Members may recall the club’s recent update on the requirements for complying with the California Ocean Going Vessel OGV Fuel Regulation. The OGV Fuel Regulation requires the use of marine distillate grade fuel marine gas oil or marine diesel oil with a maximum sulfur level of 0.1%. This is po....
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Published 3y-8mo-1w-6d-12h-52m ago
As part of its Safety Flashes, IMCA analyzes a failure of the winch remote control and emergency stop, during recovery of a rescue boat to the davit onboard. The Incident There was a failure of the winch remote control and emergency stop during recovery of the rescue boat to the davit. The incident ....
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Published 3y-8mo-1w-6d-22h-58m ago
Heavy distillates inventories plunge 20% Drop in light distillates seen short lived OPEC+ cuts also contributing to shrinking stocks Inventories were at record 30.71 mil barrels in June Oil products stockpiles at the UAE amp 8217 s Port of Fujairah slumped to an 18 month low, with fuel oil recordin....
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Published 3y-8mo-1w-6d-23h-16m ago
Leading tanker shipping company Stena Bulk has unveiled its concept InfinityMAX hybrid bulk carrier design, pushing the boundaries for zero carbon, multi modal vessel design in shipping, says an article published in Stena Bulk. Bulk Carrier Design The InfinityMAX concept, which is designed to carry ....
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Published 3y-8mo-1w-6d-23h-36m ago
The Round Table of International Shipping Associations RT consists of BIMCO, INTERCARGO, ICS and INTERTANKO. Leaders of the round table debated over the key issues in the maritime industry. Leaders of the Round Table of International Shipping Associations amp 8211 BIMCO, INTERCARGO, Internation....
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Published 3y-8mo-1w-6d-23h-39m ago
amp 160 Maritec Pte Ltd Maritec said it has tested and has evidence of Phenols appearing in several Singapore VLSFO samples in Jan/Feb 2021, says an article published in Ship amp 38 Bunker. Two consecutive instances recorded Maritec reports it has recorded two consecutive instances of the sa....
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Published 3y-8mo-1w-6d-23h-59m ago
Maritime industry leaders announced their Memorandum of Understanding MoU to jointly explore ammonia as marine fuel in Singapore, says a press release published on Maersk website. Who are working together The below companies announced that on Wednesday 10 March , the parties have entered into a ....
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Published 3y-8mo-2w-6m ago
Every ship owner should and will know what happens to a ship when it’s too old to sail anymore. An article published in Safety4Sea explains the same. Let’s look at the possible scenarios in this article. What is a ship’s average lifespan The average lifespan of a ship is 25 30 years. After ....
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Published 3y-8mo-2w-19m ago
ClassNK released its “Guidelines for ROV/AUV” to meet industry needs related to the establishment of safety standards for innovative technologies and third party certification, says a press release published on their website. Guidelines for ROV/AUV Leading classification society ClassNK has rele....
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Published 3y-8mo-2w-26m ago
MOL enhances the function of the AR Navigation System to support vessel navigation inorder to help navigators avoid dangerous shallow areas, says a press release published on their website. AR navigation system upgrade TOKYO Mitsui O.S.K. Lines, Ltd. announced an upgrade to the AR navigation syste....
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Published 3y-8mo-2w-30m ago
The kamsarmax fleet has hit the 100m dwt milestone capacity and stretches away from panamax, reports Splash 247. Kamsarmax a strong start According to Braemar ACM data, the kamsarmax fleet has hit the 100m dwt milestone, with a strong start to the year in terms of newbuild deliveries. 16 kamsarmax....
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Published 3y-8mo-2w-40m ago
When a mysterious tanker crashed off an Odesa beach two years ago, oil came rushing out of its hull and so did the UK’s complicity in lax corporate oversight around the world. At the start of February 2021, the Ukrainian government took Mister Drake to court. Its aim was to strip the UK entity of ....
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Published 3y-8mo-2w-12h-25m ago
The ambition of the Getting to Zero Coalition is to have commercially viable zero emission vessels operating along deep sea trade routes by 2030. But at what degree of adoption do zero emission fuels become “commercially viable” An S curve based analysis suggests that zero emission fuels need t....
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Published 3y-8mo-2w-12h-57m ago
DNV GL presented Hyundai Mipo Dockyard HMD with an Approval in Principle AiP . It recognizes the technical feasibility of the new Con Green 2000 vessel design under the new DNV GL rules. In preparing the AiP, DNV GL has worked with HMD to verify the performance of the design and assess the compli....
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Published 3y-8mo-2w-13h-21m ago
Petredec Holdings opts to construct an additional three 93,000 cu m LPG carriers with dual fuel LPG propulsion at China’s Jiangnan Shipyard, reports Splash 247. Construction of LPG carriers LPG shipping and trading firm Petredec Holdings has exercised its option to construct an additional three 93....
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Published 3y-8mo-2w-14h-32m ago
Japan amp 8217 s city gas supplier Tokyo Gas and 14 firms across different industries established the Carbon neutral LNG Buyers Alliance to promote the use of the sustainable LNG. The 14 companies are those that signed an agreement to purchase carbon neutral city gas from Tokyo Gas. The alliance ai....
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Published 3y-8mo-2w-22h-10m ago
A Riviera Maritime white paper evaluates the possibilities and challenges of substituting the function of the lookout with a technology based system. Functional descriptions for lookout When assessing the possibilities of defining a machine based visual lookout for use in ships in international comm....
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Published 3y-8mo-2w-22h-27m ago
Shell, in their website, has announced the charter of a new LNG bunkering supply vessel, currently being constructed in Spain, as it looks to expand its LNG marine fuel business. Expanding LNG bunker infrastructure Tahir Faruqui, general manager of Shell Global Downstream LNG said, “Shell plans to....
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Published 3y-8mo-2w-23h-11m ago
The much debated giant engineering work, the world’s first shipping tunnel, gets go ahead with state funding, says an article published in Splash 247. Ship Tunnel in 2022 The Norwegian Coastal Administration Kystverket will compete a tender process this year with construction to start on the S....
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Published 3y-8mo-2w-23h-19m ago
A 72 hour strike by Greek seafarers February 23 25, had limited impact of ships outside the country but caused considerable disruption to vital sea transportation domestically as ferries remained at berth and congestion in ports built up, reports Seatrade Maritime. Constructive Talks Also, what thre....
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Published 3y-8mo-2w-1d-48m ago
Leading maritime bodies plan to conduct road shows in Europe to promote Indian seafarers, taking a cue from the Maritime India vision document that was recently released by the Indian government, says an article published in Outlook India. India Vision 2030 Document Last week, Prime Minister Modi un....
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Published 3y-8mo-2w-1d-1h-3m ago
The Seafarers Welfare Board has been providing counselling, access to books, the internet and toll calls to seafarers for years and a charity providing support services to visiting seafarers will be able to increase resources following a funding boost from the government, says an article published i....
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Published 3y-8mo-2w-1d-1h-50m ago
A consortium led by China’s state run CNPC has made a new oil discovery in South Sudan’s northeastern Upper Nile state with more than 300 million barrels of recoverable oil, the country’s oil minister Awow Daniel Chuang said Tuesday, reports NeighborWebSJ. Awow Daniel Chuang Comments An expl....
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Published 3y-8mo-2w-1d-4h-46m ago
LR has acquired the C MAP commercial marine business from Navico Group, reports LR. About The Transaction The transaction for the leading provider of commercial marine cartography and digital publications, shore side and shipside voyage optimization, cloud based fleet management and fleet analytics ....
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Published 3y-8mo-2w-1d-4h-55m ago
The work of shuttle tanker crews in the Arctic is significantly influenced by environmental conditions and navigators have to deal with phenomena such as icing, reports Riviera. Exploring in sub zero temperature Captain Alexander Andreev has vast experience in Arctic waters and explains the metho....
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Published 3y-8mo-2w-1d-6h-10m ago
The Baltic Briefing has issued the tanker report for the 9th week of this year. The report dated 05th March 2021 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities. VLCC OPEC seemed to be the focus of most players this week, with production q....
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Published 3y-8mo-2w-1d-11h-7m ago
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. The index is reported every Friday except Chinese holidays at 1600 Beijing . Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping Exchange The weekly N....
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Published 3y-8mo-2w-1d-12h-9m ago
The Baltic Briefing has released a report about the dry bulk market for the 9th week of shipping activities of this year. The report dated 05th March highlights the dry bulk market conditions at the on sight of the 9th week. Capesize The market has surged during the last couple of days of the week t....
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Published 3y-8mo-2w-1d-12h-19m ago
Public and private players accept maritime NGOs’ invitation to co create global digital ISO standard for the exchange of administrative and operational data. The culmination of well over three years’ work by NGO’s and key maritime players in both private and private sectors received a major bo....
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Published 3y-8mo-2w-1d-12h-29m ago
Damen Shipyards Group launches a specialised Financial Services division, says a press release published on their website. Specialised Financial division As of April 1, 2021, Damen Shipyards Group will start a specialised Financial Services division. This unit is designed to support clients in the....
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Published 3y-8mo-2w-1d-12h-37m ago
Empty containers are piled up at ports in Australia and New Zealand containers are scarce at India’s port of Kolkata. It is forcing makers of electronics parts to truck their wares more than 1,000 miles west to the port of Mumbai, where the supply is better. Off the coast of Los Angeles, more tha....
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Published 3y-8mo-2w-1d-13h ago
The chief officer and owner of a bulk carrier were convicted and fined in Australia for dumping trash overboard, reports the Maritime Executive. While the fines were small dollar amounts, Australian authorities said it was the principle of dumping trash into protected waters and that it would send a....
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Published 3y-8mo-2w-1d-20h-10m ago
IMO data for 2019 shows that the bigger ships in the global fleet emitted more than 600m tonnes of carbon dioxide. Containers, bulkers and tankers made up the vast majority of both global emissions and voyages. The global shipping fleet emitted 614m tonnes of carbon dioxide in 2019, according to the....
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Published 3y-8mo-2w-1d-21h-38m ago
Wall Street brokerages expect Diana Shipping Inc. to announce sales of $38.65 million for the current quarter, reports Marketbeat. Negative year growth Two analysts have made estimates for Diana Shipping amp 8217 s earnings. The highest sales estimate is $38.77 million and the lowest is $38.54 mill....
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Published 3y-8mo-2w-1d-22h-14m ago
The workload of a seafarer leaves few time for social interaction thus achieving some social quality time is even more important when onboard, says an article published in Safety4sea with some social intelligence amp 8217 s practical points. Socially intelligent onboard Life onboard the ship is a....
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Published 3y-8mo-2w-2d-2h-47m ago
A self propelled, 53 by 18 foot, 10,000 gallon, USCG inspected, double hull tankship designed by JMS Naval Architects, Mystic, Conn., is unique for its compact size and diesel outboard propulsion, says an article published in Marine Log. St. Johns Ship Building Vessel Currently under construction a....
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Published 3y-8mo-2w-2d-3h-17m ago
Larry Pineda is among hundreds of thousands of seafarers adrift in a world transfixed by the fear of the coronavirus pandemic and bound by strict government rules that trap them on their ships for which the Filipino seafarer has a simple but passionate plea: “Please sir, do not forget us,” says....
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Published 3y-8mo-2w-2d-3h-46m ago
Mooring operation is one of the important tasks that seafarers have to perform on ship’s deck, and an article published in Marine Insight gives 10 Important Points to be remembered during it on ships. Dangers in mooring operation Technically, the operation may seem simple but there are several dan....
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Published 3y-8mo-2w-2d-4h-54m ago
Two UK cruise ships have been scrapped on an Indian beach despite assurances they would continue to be operated, reports BBC. End of Hazardous Waste Ships at the end of their lives are considered hazardous waste and it is illegal to send them to developing countries from the UK. But months after bei....
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Published 3y-8mo-2w-2d-11h-39m ago
A Texas law that has largely pitted the energy and container trades against each other at the Port of Houston has sparked interest from the Federal Maritime Commission, reports freightwaves. Letter Statement In a letter sent Tuesday addressed to the Port of Houston Authority Port Commission and the ....
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Published 3y-8mo-2w-2d-12h-2m ago
In response to the Covid 19 pandemic, global lockdown restrictions have been put in place that have caused large scale disruption within the marine industry. Disturbance within the supply chain and a lack of shipping container availability are just some of the issues the industry has been facing. Th....
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Published 3y-8mo-2w-2d-14h-50m ago
RightShip has announced a new partnership with the Sustainable Shipping Initiative SSI after a long standing relationship. To formalise the partnership, RightShip made a charitable donation to its ‘Delivering on Seafarers’ Rights’ project, part of a working group focused on the human side of....
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Published 3y-8mo-2w-2d-15h-59m ago
The Gard P amp 38 I Club has reiterated the need for ship managers to constantly review their enclosed space entry procedures and revise them if needed, says a recent update published on their website. Enclosed space entry Following the continuing occurence of enclosed space incidents on ships, t....
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Published 3y-8mo-2w-3d-5h-23m ago
Aurora Expeditions will name its second purpose built expedition ship after the acclaimed marine biologist and oceanographer, Dr. Sylvia Earle, reports Cruise Industry News. Names of passionate explorers Earle is the first woman to become chief scientist of the U.S. National Oceanic and Atmospheric ....
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Published 3y-8mo-2w-4d-42m ago
An article in Subsea UK reviews the status of women in Engineering and Maritime sector. Women in Maritime sector Today women represent only two per cent of the maritime industry, while only twelve percent of employees in engineering are women. This is in stark contrast to the UK workforce as a whole....
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Published 3y-8mo-2w-4d-1h-5m ago
Monaco based owner reportedly quadruples return on ‘Crete I’ Sale symbolizes demand strength in container shipping market. A variation on that buy low, sell high strategy is exactly what some container shipowners are opting to do, capitalizing on a hot ocean freight market that shows few signs o....
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Published 3y-8mo-2w-4d-1h-38m ago
Tokyo MoU has adopted the interim guidance relating to COVID 19 circumstances, in order to protect PSCOs and prevent spread of COVID 19 and for facilitating port State Authorities to apply pragmatic flexibility amid pandemic. Shipping sector under pandemic crisis The move is in accordance with a dec....
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Published 3y-8mo-2w-4d-1h-57m ago
U.S. manufacturing expanded in February at the fastest pace in three years and a gauge of materials costs accelerated the most since 2008 as supply shortages challenge the industry, reports Bloomberg Quint. Increased activity A gauge of factory activity increased to 60.8 from 58.7 a month earlier, a....
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Published 3y-8mo-2w-4d-11h-35m ago
Shipbuilding Smart Maritime Group SMG of Smart Holding, which unites Kherson and Mykolaiv shipyards, has modernized and put into operation dry cargo vessel Gelius 1 under Saint Kitts and Nevis flag , reports Open For Business. The modernized features According to a Wednesday press release of SMG,....
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Published 3y-8mo-2w-4d-11h-45m ago
The drones for maritime logistics company F drones today announced its success in raising its seed capital led by Eastern Pacific Shipping EPS , an international ship management company, along with participation from the Schulte Group, a shipowner and manager with over 135 years of experience, thro....
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Published 3y-8mo-2w-4d-12h-22m ago
Firefighters responded to a fire on board a decommissioned ship in the Duluth harbor Monday afternoon. According to KARE 11 sister station KBJR, crews were trying to dismantle the ship when a spark caught some wood on fire. The 112 year old J.B. Ford was towed to the Duluth scrapyard in October 2015....
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Published 3y-8mo-2w-4d-16h-13m ago
An appropriately rigged commercial vessel could achieve savings of fuel and reduce emissions by at least 30% per year, says an article published in Safety4Sea. Extensive testing Test results The University of Southampton conducted extensive testing at the Wolfson Unit and confirmed that an appropria....
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Published 3y-8mo-2w-5d-3h-32m ago
German ship engine manufacturer MAN Energy Solutions is pushing for climate neutral fuels to replace marine diesel, reports Clean Energy Wire. Zero carbon coalition “Climate neutral shipping has long been technically feasible,” Uwe Lauber, CEO of MAN Energy Solutions, told. “We have set oursel....
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Published 3y-8mo-2w-5d-4h-23m ago
Maritime UK, the umbrella body for the maritime sector, is delighted to today 2 March launch the Mental Health in Maritime Pledge, reports Maritime UK. The Maritime Pledge The pledge forms a key pillar of the Diversity in Maritime Programme, alongside the Gender Pledge. The new pledge is part of t....
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Published 3y-8mo-2w-5d-5h-3m ago
Have you ever walked into a space on a cruise ship and felt an immediate sense of calm It could be the solarium, a peaceful sundeck away from the busyness of the lido deck, the spa, or any manner of serene venues, says an article published on Cruise Radio. One thing that I think helps amp 8230 ....
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Published 3y-8mo-2w-5d-5h-3m ago
Shippers have been told they’ll need to wait through to the second half of the year before any semblance of normality returns to container trade flows, reports Splash247. The container crunch The CEOs of three of the world’s leading global carriers – Ocean Network Express ONE , Hapag Lloyd an....
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Published 3y-8mo-2w-5d-5h-4m ago
The Maritime India Vision 2030, a 10 year blueprint with the aim of overhauling the Indian maritime sector, envisages Rs 3 lakh crore investment in port projects that in turn promises to generate employment for 20 lakh persons, reports Economic Times. Maritime India Vision Prime Minister Narendra ....
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Published 3y-8mo-2w-5d-5h-5m ago
United Wind Logistics’ module deck carrier VestVind will rely on ABB Ability™ Marine Advisory System – OCTOPUS to support real time decision making as it transports large windfarm components such as turbines, foundations and blades to offshore installation sites, reports ABB. About OCTOPUS Sof....
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Published 3y-8mo-2w-5d-5h-13m ago
Chinese state energy company Sinopec has begun making wholesale deliveries ot bunker fuel to Sri Lanka to supply the Hambantota market, says an article published in Ship amp 38 Bunker. Sinpec amp 8217 s first buyer Local supplier Lanka Marine Services LMS was Sinopec amp 8217 s first buyer, H....
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Published 3y-8mo-2w-5d-11h-13m ago
Importance of lubricant testing for low sulphur bunker fuel. Mere lab level tests are not enough for newly formulated lubricating oils. Lubricant amp 38 additive companies developing new cylinder oils with new additive packages to take care of new VLSFOs. Bench tests need modification to accommod....
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Published 3y-8mo-2w-5d-11h-20m ago
Pertamina International Marketing and Distribution PIMD , the trading arm of Indonesia amp 8217 s state owned Pertamina, aims to produce its own very low sulphur fuel oil VLSFO bunkers for the Singapore bunker market by 2023 at its terminal on Sambu Island, according to market participants, says....
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Published 3y-8mo-2w-5d-12h-46m ago
An inland container vessel will be running exclusively on hydrogen power by the end of this year, says an article published in Future Proof Shipping. Retrofitting contract Future Proof Shipping FPS has contracted Holland Shipyards Group HSG to retrofit the 110 m long Maas to run off a zero emiss....
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Published 3y-8mo-2w-5d-13h-10m ago
In September 2020, the state legislature in California enacted a statutory amendment to its marine oil pollution law AB 3214 , which greatly enhanced the monetary penalties that can be imposed after such incidents, reads a Gard article. The law came into effect in January 2021. Criminal penalties r....
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Published 3y-8mo-2w-5d-22h-5m ago
Leading shipping group Maersk Tankers is investing tens of millions of dollars in digital technology to speed up cuts in carbon emissions across the industry, its chief executive told Reuters. Need to clean shipping sector Global shipping accounts for nearly 3% of the world’s CO2 emissions, puttin....
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Published 3y-8mo-2w-5d-22h-24m ago
The UK continues to lead the way in seafarer welfare during the pandemic, with new, detailed information issued to ship owners and managers to understand the long term wellbeing impacts of COVID 19 on their crew, reports the UK Ship Register. Mental health and seafarer wellbeing The COVID 19 pandemi....
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Published 3y-8mo-2w-5d-22h-44m ago
Charterers of vessels have found increasingly sophisticated ways to avoid crew changes and compound misery for hundreds of thousands of seafarers stuck at sea by the pandemic, reports Lloyd amp 8217 s List. No crew change clause Seafarer unions, United Nations organisations and the shipowners’ gl....
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Published 3y-8mo-2w-5d-23h-18m ago
Deep sea WiFi boxes trialed The 10kg suitcase contains a WiFi modem device for internet connectivity at sea Seafarer organizations hail the new initiative. Work on reducing the weight and cost of the WiFi box. Further remote area operation to be explored Seafarers stuck on ships are always loo....
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Published 3y-8mo-2w-5d-23h-28m ago
DNV supported Hapag Lloyd’s green financing for six of its highly efficient containership newbuildings, says an article published on their website. Transactions fulfil the requirements DNV has supported Hapag Lloyd in obtaining financing for six of its highly efficient containership new building....
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Published 3y-8mo-2w-5d-23h-50m ago
With long term rates on the rise, bonds, technology/growth stocks, and even precious metals have been under pressure. Last week saw a relatively significant increase in volatility across the financial markets, causing many investors to wonder if it is time to take profits. Indeed, with most stocks t....
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Published 3y-8mo-2w-6d-5h-7m ago
It has been a particularly strange Q1 for dry bulk shipping. Usually, the larger ships — Capesizes with capacities of around 180,000 deadweight tons DWT that carry iron ore and coal — do poorly all quarter. This year, they did better in January than they had in a decade before succumbing to th....
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Published 3y-8mo-2w-6d-5h-8m ago
The Covid 19 crisis in 2020 triggered the largest annual drop in global energy related carbon dioxide emissions since the Second World War, according to IEA data released today, but the overall decline of about 6% masks wide variations depending on the region and the time of year, reports IEA. A inc....
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Published 3y-8mo-2w-6d-5h-9m ago
Baltic Exchange adds new LNG powered seaborne gas assessments, reports Market Screener. Indices for LNG seaborne trade A new set of independent indices for the Liquified Natural Gas LNG seaborne trade went live this week 2 March , based on the carriers burning LNG, rather than marine fuel oil o....
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Published 3y-8mo-2w-6d-11h-14m ago
Responding to the growing outcry over the increasing security risks for mariners in West Africa and the repeated reports of Nigerian pirates being at the center of the activity, the Nigerian government is reportedly taking actions to enhance security. The transport minister is speaking out saying hi....
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Published 3y-8mo-2w-6d-12h-21m ago
The international community is on the spot for slow action against the rising menace of piracy in the Gulf of Guinea. It has become the most dangerous environment for commercial maritime operations in the world. Large international organizations like United Nations, NATO and the European Union have ....
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Published 3y-8mo-2w-6d-14h-7m ago
After a down and up year in container volumes, the current logjams in the system and unbalanced trades will take months to resolve. It allows carriers to profit from high freight rates, and tonnage providers to enjoy lofty charter rates. Once the situation normalises, however – and consumers begin....
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Published 3y-8mo-2w-6d-14h-58m ago
Wärtsilä has invested a further €1 million in Soletair Power Oy, a Finnish CO2 direct air capture technology company following an original €500,000 investment in Soletair Power made in 2019, reads a press release by the company. Carbon capture technology Soletair Power has developed a solution....
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Published 3y-8mo-2w-6d-22h ago
In the winter, roads require salt to melt ice so that drivers don’t lose control of their cars. And in eastern Canada, salt for the byways of places like Quebec City and Montreal comes from a mine on the Magdalen Islands in the Gulf of St. Lawrence. But salt from the Mines Seleine can’t just a....
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Published 3y-8mo-2w-6d-22h-40m ago
Gasoil loadings of spot cargoes from the Middle East and India with options for delivery in Europe have risen in March, with shipping brokers tracking such deals saying about 10 cargoes have chartered LR2s while one has taken a newbuild Suezmax that can load up to 140,000 mt, says an article publish....
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Published 3y-8mo-2w-6d-23h-13m ago
Amendments to MARPOL Annex VI have been adopted, introducing procedures facilitating PSC amp 8217 s sampling from fuel oil tanks to verify the sulphur content. The amendments will enter into force on 1 April 2022. The 75th session of International Maritime Organization’s IMO Marine Environment ....
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Published 3y-8mo-2w-6d-23h-17m ago
CMA CGM Group builds up its terminal footprint position in the Mediterranean through an equity stake in the TTIA container terminal in Algeciras, says a press release published on their website. TTIA port terminal The CMA CGM Group announced that its CMA Terminals subsidiary has acquired a 50% inter....
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Published 3y-8mo-2w-6d-23h-59m ago
Arvin Peralta, an inspector for the global welfare group, International Transport Workers Federation ITF shares his bounded experiences to help other seafarers and gives a payoff to it, says an article published in The Manila Times. Empathy at work Inability to help others can feel overwhelmingly ....
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Published 3y-8mo-3w-1h-56m ago
Copenhagen listed shipowner TORM on Monday 1 March reported not all ports allowing the use of 3.5% HFO with scrubbers for its EGCS equipped vessels, reports Manifold Times. Solution As such, its solution is to move from using two bunker fuel types onboard scrubber equipped ships to five differen....
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Published 3y-8mo-3w-5h-13m ago
A shortage of empty containers is bringing delays of as much as a week to boxships visiting Singapore, according to price reporting agency S amp 38 P Global Platts. Long Queue For 18,000 TEU ships visiting Singapore the wait time is now five to seven days, up from a maximum of two previously, Platt....
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Published 3y-8mo-3w-5h-44m ago
A new report, published by the Technical University of Denmark DTU and commissionned by Danish Maritime Authority, provides an overview and discussion of potential Market Based Measures under IMO’s Initial GHG Strategy, under a relevant DMA DTU project on Market Based Measures MBMs , reports Sa....
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Published 3y-8mo-3w-5h-46m ago
With performance targets continuing to be missed, shippers are re evaluating processes to keep tabs on carrier service delivery and accountability, reports Drewry. The need for monitoring Terminal congestion is pushing vessel ‘on time performance’ to all time lows, compromising international s....
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Published 3y-8mo-3w-5h-47m ago
Reducing restrictions on maritime trade could lead to GDP gains of up to 3.4% for national economies, says International Chamber of Shipping. Non tariff restrictions, such as anticompetitive licensing laws and discriminatory treatment of foreign companies, found to be up to five times worse than tar....
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Published 3y-8mo-3w-18h ago
Global maritime leaders to exchange ideas at Singapore’s Annual Maritime Public Leaders’ Programme, says a press release published on the MPA website. MPLP virtual programme Around 19 distinguished participants from Asia and the Pacific Islands will attend the 10th Maritime Public Leaders’ P....
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Published 3y-8mo-3w-23h-19m ago
Global renewables bodies urge Mexico to restore clean energy transition, says an article published on the GlobalSolarCouncil website. Away from polluting fossil fuels The Global Wind Energy Council and The Global Solar Council, jointly called Mexico to urgently restore the country’s transition awa....
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Published 3y-8mo-3w-23h-21m ago
Total Marine Fuels Private Limited has been awarded LNG bunker supply licence by MPA, says a press release published on their website. Third LNG bunker supplier licence The Maritime and Port Authority of Singapore MPA has awarded a third LNG bunker supplier licence to Total Marine Fuels Private Li....
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Published 3y-8mo-3w-23h-25m ago
A core benefit of the BIMCO Shipping KPI system is the option to compare expense and performance at ship level, says an article published on their website. The Shipping KPI Presently, the system only allows for internal benchmarking but once a critical mass has been reached, the Shipping KPI wil....
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Published 3y-8mo-3w-23h-29m ago
North P amp 38 I Club has launched a guidance, focused on the importance of correctly using computer programs for container stowage, reports Safety4sea. Loading computers for stowage related issues The club explained that loading computers can prove invaluable in preventing stowage related issues, ....
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Published 3y-8mo-3w-1d-1h-28m ago
Shorter timeline to return containers amid Asia equipment shortage. Peak season surcharges rolled out for more shippers. Spot market activity expected higher as hedge against higher contract rates. Companies negotiating annual container shipping contracts with shipping lines before the end of the fi....
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Published 3y-8mo-3w-1d-1h-51m ago
Nine coal laden ships departed from Baltimore in Feb. 28, up from seven from a week earlier, according to cFlow, Platts amp 8217 trade flow software, says an article published in S amp 38 P Global. Dead weight tonnage The total dead weight tonnage of the departures was 1.04 million dwt, up from....
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Published 3y-8mo-3w-1d-2h-42m ago
The concept of “hub” ports to receive, quarantine, test for COVID 19 and potentially vaccinate seafarers in the Pacific region was explored at a recent roundtable meeting 25 February involving representatives from States in the region, UN agencies, the shipping industry, the relevant....
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Published 3y-8mo-3w-1d-3h-16m ago
Shipping companies have steamed out of 2020 in ship shape as freight rates hit highs. The rollout of vaccines around the world will eventually tame high shipping costs, but even then the industry may fare better than in previous down cycles, reports The Wall Street Journal. Surge in shipping rates S....
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Published 3y-8mo-3w-1d-5h-59m ago
Mumbai Crime Branch arrested two people who were allegedly creating fake seafarer documents and selling it for profit to those looking for jobs in the sector, an official said on Friday, reports Outlook India. The Trap Acting on a tip off that one of them would come to Reay Road area to deliver a co....
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Published 3y-8mo-3w-1d-6h ago
Completely inactive all through 2020 due to the worldwide Covid 19 pandemic, India’s first cruise ship Angriya is being currently used at the southern Sri Lankan port of Galle as a floating hotel to quarantine seafarers who are either leaving or joining duty, reports Seatrade Maritime. Sea Travel ....
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Published 3y-8mo-3w-1d-12h-47m ago
Even in the current, difficult times, ANDRITZ has succeeded in delivering a scrubber right on time to Chengxi shipyard for the Dole Food Company. The multi inlet hybrid scrubber supplied was the largest ever installed at Chengxi shipyard. It is with an outer diameter of 4.1 m and an overall footprin....
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Published 3y-8mo-3w-1d-13h-32m ago
UK government has released the statistics of active seafarers at sea and non UK seafarers qualified to work on UK registered vessels in 2020. Documents Seafarers in the UK Shipping Industry: 2020 report Seafarer Statistics: Background Quality Report Seafarers in the UK Shipping Industry: 2020 tables....
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Published 3y-8mo-3w-1d-21h-40m ago
International seafarer welfare charity, The Mission to Seafarers has launched its new e learning modules as an extension to its WeCare programme. In response to the added pressures on seafarers during COVID 19, the two face to face programmes are being moved online to provide greater accessibility. ....
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Published 3y-8mo-3w-1d-22h-15m ago
Nicholas Mathioudakis, the Head of Operations/Chartering Dep at AB Maritime Inc. has uploaded a post to LinkedIn ing amp 8220 Who said ship amp 8217 s can amp 8217 t fly!!! amp 8221 The photo is that of a ship crossing the Argentina AR upriver. Did you subscribe to our daily newsletter It’....
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Published 3y-8mo-3w-1d-23h-19m ago
amp 160 Mitsui O.S.K. Lines, Ltd. and Ship Data Center Co., Ltd. have agreed to share the data of about 180 MOL’s ships in operation. The data is targeted for MOL’s “FOCUS Project” through IoS Open Platform IoS OP , the ship IoT data sharing platform promoted by ShipDC. Mitsui O.S.K. Lin....
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Published 3y-8mo-3w-1d-23h-31m ago
A report compiled by leading international transport and logistics insurer, TT Club, and global provider of supply chain intelligence, BSI, summarizes the new trends in annual cargo thefts, reads a Marine Insight article. New trends The report reflects whole year data from 2020 which highlights sign....
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Published 3y-8mo-3w-1d-23h-51m ago
Seven out of 10 bulk carriers are ‘non eco’ with the Energy Efficiency Existing Ship Index EEXI likely coming into existence in just two years’ time, something that will require urgent modifications to the existing fleet or significant scrapping, says an article published in Splash247. IMO A....
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Published 3y-8mo-3w-2d-10m ago
The Maritime and Coastguard Agency MCA announced that six foreign flagged ships remained under detention in UK ports during January 2021 after failing port state control PSC inspection. New detentions During January, there were zero new detentions of foreign flagged vessels in a UK port. In resp....
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Published 3y-8mo-3w-2d-14m ago
According to a maritime firm report, Nigeria needs to review its maritime security rules and enlist the support of private companies to tackle rampant piracy in its waters, says an article published in Bloomberg Quint. No private armed guards The seas off the West African country’s coast are t....
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Published 3y-8mo-3w-2d-28m ago
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. The index is reported every Friday except Chinese holidays at 1600 Beijing . Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping Exchange The weekly N....
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Published 3y-8mo-3w-2d-36m ago
The Baltic report has issued the tankers report for the 8th week of this year. The report dated 26th February 2021 provides a valuable insight into this week amp 8217 s tanker market dealing, freight rates and charter activities. VLCC The return of Chinese charterers to the market after the Lunar N....
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Published 3y-8mo-3w-2d-44m ago
Crowley aims at complete depth and breadth of services to maritime clients seeking design build operate solutions. As a result, the company has now fully integrated Jensen Maritime into the Crowley Engineering Services group. The new group will seamlessly combine Crowley’s diverse business portfol....
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Published 3y-8mo-3w-2d-13h-56m ago
Shell, in its latest LNG Outlook published on their website, says Global LNG trade increased to 360 million tonnes in 2020 despite the unprecedented volatility caused by the COVID 19 pandemic. Prediction on LNG demand Global LNG trade increased to 360 million tonnes in 2020 despite the unprecedented....
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Published 3y-8mo-3w-2d-23h-10m ago
ABS has published guidance on Methanol fuelled vessels, evaluating the challenges in design and their operations, says an article published in ShipInsight. Guidance on Methanol as Marine Fuel US classification society ABS has published guidance on Methanol as Marine Fuel. The latest in an ongoin....
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Published 3y-8mo-3w-2d-23h-18m ago
Spanish officials recommend 864 cows that have been at sea for two months are no longer fit for transport, says an article published in The Guardian. Adrift cattle onboard More than 850 cattle that have spent months adrift in the Mediterranean are no longer fit for transport and should be killed, ac....
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Published 3y-8mo-3w-3d-27m ago
Maersk is ramping up its anti LNG message in a bid to get regulators and banks more onside to its own decarbonisation agenda, says an article published in Splash247. A sizeable investment Having announced plans to have the world’s first carbon neutral methanol fuelled containership in operation by....
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Published 3y-8mo-3w-3d-2h-2m ago
The leading provider of maritime smart Simulation and Training solutions Wärtsilä Voyage, and the leading maritime knowledge and technology solutions provider Ocean Technologies Group OTG , have agreed to share their expertise and resources via a strategic partnership that will significantly enha....
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Published 3y-8mo-3w-3d-2h-11m ago
Long term contract with Hafnia commences with ADP service now available for all customers. Emerson published white paper details the data integrity and innovative solution set of the ADP. Continued rollout of ADP service to additional ports across the Minerva network. Marine fuel supplier Minerva Bu....
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Published 3y-8mo-3w-3d-2h-27m ago
Japanese classification society ClassNK has granted its remote survey RMSV notation for Orca Ace, a car carrier operated by Mitsui O.S.K. Lines, Ltd. MOL and managed by MOL Ship Management Co., Ltd. MOLSHIP , reads a MOL press release. Vessel for remote surveys As informed, this is the first ....
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Published 3y-8mo-3w-3d-2h-39m ago
Saudi Arabia ranked fifth as the world amp 8217 s fastest in container ship handling per hour, according to the UNCTAD annual index issued by the United Nations Conference on Trade and Development, says an article published in Zawya. One in Top 10 With an average of 16.8 hours for container handlin....
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Published 3y-8mo-3w-3d-3h-6m ago
The number of coal carriers stranded off China with banned Australian coal has ducked under the 50 mark. But still around 1,000 seafarers remain marooned thanks to the ongoing spat between Australia and China. Canberra and Beijing have seen relations sour significantly over the past year with Austra....
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Published 3y-8mo-3w-4d-11h-30m ago
Ammonia fuelled tanker Joint Development Project JDP partners amp 8211 MISC Berhad MISC , Lloyd’s Register LR , Samsung Heavy Industries SHI and MAN Energy Solutions MAN announced the entry of two new partners – the Maritime and Port Authority of Singapore MPA and Yara Internation....
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Published 3y-8mo-3w-4d-12h-27m ago
When the writer asks members of the maritime industry to help him out with a story for the magazine and/or website, he does so humbly. He wants to tell the story fairly and accurately. The best way to do that is to get information from people in the industry who are experts on whatever topic amp ....
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Published 3y-8mo-3w-4d-12h-27m ago
The Centre is making a fresh attempt to build a greenfield port and container transhipment hub near Kanyakumari through the public, private, partnership PPP route. V O Chidambaranar Port Trust has sought expression of interest from developers to build the 6.5 million TEU capacity transhipment hub.....
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Published 3y-8mo-3w-4d-23h-6m ago
A federal judge on Guam on Wednesday outlined the allocation of a Singaporean shipping company’s $3 million environmental fine. $500,000 is designated as a criminal fine as a violation of the Clean Water Act and shall be paid to the Oil Spill Liability Trust Fund. This fine will provide immediate ....
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Published 3y-8mo-3w-5d-10h-58m ago
SEAFARERS UNION RMT today responded to the latest Government statistics on the number of UK seafarers working in the shipping industry in 2020, says a press release published on their website. Mick Cash Comments “The shipping industry says it is seeking a level commercial playing field but today....
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Published 3y-8mo-3w-5d-20h-9m ago
Global container shipping companies’ performance will be strong in 2021 after a profitable 2020, Fitch Ratings says. Surging spot freight rates Spot freight rates will remain high in the short term, which will flow through to contracted rates for 2021. However, we consider the current rates unsust....
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Published 3y-8mo-3w-5d-22h-19m ago
A Greek technology firm has come up with a predictive tool to determine the best path for ships financed under environment friendly Poseidon Principles. The firm amp 8217 s data analytics tool amp 8212 called Metis Poseidon Principles Emissions Index amp 8212 allows shipowners to predict what....
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Published 3y-8mo-3w-5d-23h-22m ago
The volume of crude oil and condensate in tankers worldwide has fallen to a one year low as the market amp 8217 s recovery gathers pace, and with a strongly backwardated structure in the Brent crude market discouraging storage, says an article published in S amp 38 P Global. Floating storage Float....
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Published 3y-8mo-3w-6d-45m ago
One of two livestock ships at sea since mid December with thousands of cattle on board is now at the Spanish port of Cartagena, but the fate of its cargo is unclear, says an article published in The Guardian. Disease fears The two vessels left from different ports in Spain before Christmas to delive....
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Published 3y-8mo-3w-6d-1h-34m ago
Maersk updated information on Tuesday that its two ships lost 1,010 containers overboard in the Pacific Ocean recently. Adding the total loss by transpacific ships to almost 3,000 since from last November. The 13,100 TEU capacity container ship Maersk Eindhoven lost some 260 containers overboard aft....
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Published 3y-8mo-3w-6d-4h-11m ago
Maersk updated information on Tuesday that its two ships lost 1,010 containers overboard in the Pacific Ocean recently. Adding the total loss by transpacific ships to almost 3,000 since from last November. The 13,100 TEU capacity container ship Maersk Eindhoven lost some 260 containers overboard aft....
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Published 3y-8mo-3w-6d-4h-11m ago
The Gulf of Guinea is a vast and diverse region stretching from Senegal to Angola, covering approximately 6,000 km of coastline. It is an important shipping zone transporting oil and gas, as well as goods to and from central and southern Africa. On any one day there are around 1,500 fishing vessels,....
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Published 3y-8mo-3w-6d-5h-12m ago
A shipping company from the United Arab Emirates hit financial trouble in 2017. It abandoned an oil tanker off the coast of Dubai, it left a small crew still aboard, stranded at sea without pay or a way home. Those men have been on the tanker ever since, but a chance at repatriation for the amp 8....
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Published 3y-8mo-3w-6d-5h-51m ago
Maine Maritime Academy MMA , Castine, Maine, has a hired alumnus Capt. Gordon “Mac” MacArthur to serve as master aboard the academy’s training ship State of Maine. With over 30 years of experience in the maritime field, MacArthur served most recently as a Senior Dynamic Positioning Officer f....
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Published 3y-8mo-3w-6d-6h-7m ago
The pandemic has demonstrated the value of remote working but the industry must recognise the importance of physical connection to the ship. Idwal is the leading provider of ship inspection services. It is calling on the industry to recognise the positive contribution that physical surveys make to v....
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Published 3y-8mo-3w-6d-12h-27m ago
Ammonia engines and fuel cells could slash carbon emissions which make them demanding in Shipping Industry, says an article published in IEEE Spectrum. The Colorless fuel amp 8217 s true colors There’s a lot to like about ammonia. This colorless fuel emits no carbon dioxide when burned. It’s....
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Published 3y-8mo-3w-6d-22h-38m ago
According to a Platts report, crude oil futures fell during midmorning trade in Asia Feb. 24 after data from the American Petroleum Institute showed an unexpected build in US crude inventories, and as fears of an overbought market stemmed further buying activity. At 11:07 am Singapore time 0311 GMT....
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Published 3y-8mo-3w-6d-23h-45m ago
With oil prices taking a turn upwards and demand expected to pick in the second half of the year, shipbrokers are examining whether this trend is a sign of a more bullish market ahead, which could benefit tankers as well, reports Gibson shipbrokers ltd. Robust oil demand In its latest weekly report,....
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Published 3y-9mo-37m ago
A researcher from ITS is planning to bring in iStow software in to the maritime industry, reports QS Wow News. Dr. Ing. Setyo Nugroho of Institut Teknologi Sepuluh Nopember ITS has developed iStow since 2006 for various types of ships and purposes, a.o. for container ships, LNG/ LPG/ chemical/ pro....
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Published 3y-9mo-1h-6m ago
Expectations are high that exhaust gas scrubber technology demand will soon be resurgent. But what lessons have been learned from installations and which type will dominate, analyzes an Ship amp 38 Bunker article. Scrubber systems on ships Installing scrubber systems on ships that were never envi....
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Published 3y-9mo-2h-23m ago
An article in Marine Insight helps us understand the working principle, readings and maintenance of a Marine Sextant. What is Sextant The sextant is an instrument used to measure angles. Mainly used at sea, the tool is so named because its arc is one sixth of a circle – 60 degrees. It adheres to ....
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Published 3y-9mo-2h-52m ago
Transport Malta MSIU issued an investigation report on the serious injury of a fitter while operating the lathe onboard the vehicle carrier MV Titania, in February 2020. The report found that a rod slipped from the tailstock while the lathe was rotating at a very high speed. The incident On 04 Febru....
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Published 3y-9mo-3h-23m ago
Shipping organizations are calling for International data on seafarers suicide as the problem heightens. The pandemic has doubled suicidal incidents amongst seafarers. However there amp 8217 s still no concrete data on this as companies don amp 8217 t speak out of fear. Companies are devoting time....
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Published 3y-9mo-5h-13m ago
From 1 March to 31 August 2021, AMSA undertake a focused inspection campaign FIC on livestock ships departing Australian ports, says an article published in marine insight. Focused Inspection Campaign The purpose of the focused inspection campaign is to ascertain the level of compliance with the ....
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Published 3y-9mo-7h-59m ago
Shipping is governed by a plethora of technical terms that seafarers need to be well versed in. While some are used regularly and well known others are quite often used making it hard to understand. Keeping that in mind, the Marine Insight sought to educate people about the Nautical terms Flotsam an....
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Published 3y-9mo-9h-32m ago
The European Commission should address fuel suppliers by introducing sub targets to make low and zero carbon fuels available for shipping and by increasing the multiplier for renewable fuels used in the maritime sector under the Renewable Energy Directive RED , says an article published in ECSA. A....
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Published 3y-9mo-10h-15m ago
Gasum has inked an agreement with the City of Vaasa, NLC Ferry Oy and Wärtsilä Finland Oy to supply liquefied natural gas LNG to Wasaline and for use in Wärtsilä’s new Smart Technology Hub, says a press release published on their website. New local LNG customer terminal Nordic energy com....
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Published 3y-9mo-11h-41m ago
Tested VLSFO manifold samples have recorded a sulphur content of between 0.51 to 0.53%m/m, exceeding the mandatory allowable 0.50%m/m. Since the implementation of IMO 2020, there is confusion as to whether the ISO 4259 upper limit of 0.53%mm still applies or not. Maritec emphasizes that in use and o....
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Published 3y-9mo-11h-47m ago
A spate of recent container losses due to container stack collapses has brought increased scrutiny to container ship loading and design. These container incidents represent a safety threat to the crew, ship and the environment, and significant financial losses for shippers and insurers. A large....
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Published 3y-9mo-22h-18m ago
According to an article published in Splash247, MCTC’s recent health and nutrition conference discusses the poor nutrition health in seafarers. MCTC amp 8217 s Virtual Conference Poor nutrition is not about how much food is being consumed but more about what food we are putting into our bodies. T....
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Published 3y-9mo-23h-18m ago
The recent Budget has proposed subsidy support to vessels that register in India. More than 85% of global trade happens in containers. Containerised imports have seen a sharp decline since July August 2021. An article in CNBC TV18 reports of the ongoing container shortage crisis in the post pandemic....
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Published 3y-9mo-23h-38m ago
Maritime communications are set to move away from the ‘one size fits all’ approach to become fully customisable, predicts connectivity specialist IEC Telecom. IEC Telecom says having the flexibility to provide individual, customised solutions across fleets and even for individual vessels is the ....
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Published 3y-9mo-1d-18m ago
U.S. District Judge Steven D. Merryday sentenced Yolanda Herrera 43, Rex, GA to 22 years in federal prison for conspiracy to distribute methamphetamine and heroin, and attempted possession with the intent to distribute methamphetamine and heroin, says an article published in Shore News Network. Th....
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Published 3y-9mo-1d-1h-37m ago
About six cents per pair of Vietnamese made running shoes, according to the boss of the world’s largest containerline, says an article published in Splash247. Skou amp 8217 s interview to BBC Interviewed by the BBC on Friday, Soren Skou, the CEO of A.P. Moller Maersk, discussed shipping’s decar....
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Published 3y-9mo-1d-2h-3m ago
The Baltic report has issued the tankers report for the 7th week of this year. The report dated 19th February 2021 provides a valuable insight into this week amp 8217 s tanker market dealing, frieght rates and charter activities. VLCC Another stagnant week in this market with Worldscale fixing rate....
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Published 3y-9mo-1d-5h-23m ago
Shipping giant AP Moller Maersk is one of the largest corporate consumers of oil on the planet, and has set itself the target of becoming carbon neutral in the next three decades, says an article published in Ship amp 38 Bunker. The company amp 8217 s boxships got through 10.3 million mt of bunk....
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Published 3y-9mo-1d-7h-20m ago
Repairs to the Hong Kong flagged cargo ship damaged by an explosion on Friday night are now completed. The Gibraltar Government confirmed on Monday, as two seafarers injured in the blast remained in critical condition in Seville. The bulk carrier CSSC Cape Town will remain in British Gibraltar Terri....
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Published 3y-9mo-1d-9h-45m ago
Piracy in the Gulf of Guinea has its roots in Nigeria amp 8217 s Niger Delta where oil wealth has failed to reach local populations and deep poverty has stoked militancy and armed unrest. Gangs speed out from swamps to raid passing vessels, snatch crews and spirit them back to Nigeria amp 8217 s s....
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Published 3y-9mo-1d-10h-33m ago
The Baltic Briefing has released a report about the dry bulk market for the 7th week of shipping activities of this year. The report dated 19th February highlights the dry bulk market conditions at the on sight of the 7th week. Capesize As one of the more wild weeks in the first quarter for the Cape....
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Published 3y-9mo-1d-11h-22m ago
Samsung Heavy won a close to $1 billion LNG powered ship order this week, reports PulseNews. Winning streak South Korea’s Samsung Heavy Industries Co. extends its winning streak in the order book on LNG power, landing near $1 billion deals on vessels running low carbon gas fuel. According to Samsu....
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Published 3y-9mo-1d-11h-32m ago
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. The index is reported every Friday except Chinese holidays at 1600 Beijing . Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping Exchange Route 2021 0....
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Published 3y-9mo-1d-11h-51m ago
Standard Club International Group has amended the Pooling Agreement so that as of 20 February 2021, P amp 38 I cover in respect of fines for smuggling and breach of customs regulations will no longer provided as of right, but only on a discretionary basis. Smuggling fines and discretionary cover Pr....
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Published 3y-9mo-1d-21h-10m ago
The recent earthquake in northeast Japan has interrupted refinery operations which could impact the supply of bunker fuel. Rough sea conditions during the week have also pressured the country amp 8217 s bunker fuel stocks. Transfer delays caused by a temporary suspension of berthing operations have....
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Published 3y-9mo-1d-21h-36m ago
According to an article published in S amp 38 P Global, marine fuel quality issues could likely escalate once the world starts to recover from the coronavirus pandemic while continued margin pressures may hurt bunker suppliers more, necessitating the industry to stay vigilant and adapt themselves p....
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Published 3y-9mo-1d-22h-7m ago
Finland’s government is proposing that the validity of fixed term ships’ crew certificates of competency and certificates of proficiency be extended due to the effects of the COVID 19 epidemic, says an article published in Shipping Insight. Temporary Derogations A derogation permitting a special....
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Published 3y-9mo-2d-24m ago
Tres Solutions’ core expertise and digital products will now integrate into NAVTOR’s offering, creating a unified platform to help shipowners and operators enhance operations and achieve competitive advantage, says an article published in NAVTOR News. Purchase Regard NAVTOR looks to extend it....
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Published 3y-9mo-2d-59m ago
Shipping company Wallenius Wilhelmsen has announced its plans to build a full size wind powered pure car and truck carrier, named Orcelle Wind, that will be capable of achieving up to 90% reduced emissions compared to contemporary vessels, reports Ship Technology The new vessel Shipping company Wall....
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Published 3y-9mo-2d-5h-20m ago
Shipping container shortage has made it expensive to move sugar, coffee and copper around the world by sea, says an article published in The Wall Street Journal. High freight rates Ocean freight rates began to soar last summer, and haven’t let up. What is the reason That is partly because consu....
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Published 3y-9mo-2d-11h-13m ago
EIA forecasts the U.S. will import more petroleum than it exports in 2021 and 2022, says an article published on their website. Status changed in 2020 Usually, the United States has imported more petroleum than it has exported. That status changed in 2020. The U.S. Energy Information Administrat....
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Published 3y-9mo-2d-11h-29m ago
Border Force descend on Hull docks to find ship stowaway hiding among cargo, reports HullDailyMail. Stowaway found onboard Border Force officers were called to a jetty at Salt End Chemicals Park at around 10.30am after workers found a man hidden away on board a boat that had just arrived. Processe....
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Published 3y-9mo-2d-11h-48m ago
Turkish police arrested shipping magnate Mübariz Mansimov Gurbano lu at his Istanbul home one Sunday last March. His legal woes set off a chain of events that have decimated Palmali Shipping, his once flourishing maritime empire. Now a dozen of its ships sit abandoned in ports around the Mediterran....
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Published 3y-9mo-2d-12h-14m ago
When luxury cruise line Crystal Cruises resumes operations on its river and ocean sailings later this year, all of its passengers will be required to be fully vaccinated against Covid 19 at least two weeks prior to setting sail, says an article published in Forbes. Resuming Operations Crystal has pa....
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Published 3y-9mo-3d-1h-38m ago
Fred Olsen amp 8217 s cruise ship Braemar is set to repeat its record breaking journey through the Corinth Canal and the latter which is just 24m wide at its narrowest point, says an article published in Mirror. Past Records The company made history in 2019 when Braemar broke the world record for....
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Published 3y-9mo-3d-2h ago
TECO 2030 is about to establish Norway amp 8217 s first large scale production of fuel cells, optimized to be the heart of hydrogen powered ships and other heavy duty installations. The company goals to build an advanced innovation centre combined with a giga factory, in order to produce fuel cells....
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Published 3y-9mo-3d-5h-5m ago
3 North Korean computer programmers have been indicted for conducting a series of cyberattacks to steal and extort more than $1.3 billion in cash and cryptocurrency. The hackers are accused of creating and deploying multiple malicious cryptocurrency applications, and to develop and fraudulently mark....
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Published 3y-9mo-3d-5h-25m ago
Croatia has become the latest country to accede to the IMO amp 8217 s treaty for safe and environmentally sound ship recycling, the Hong Kong Convention. Under the treaty, ships to be sent for recycling are required to carry an inventory of hazardous materials, specific to each ship. Croatia is the....
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Published 3y-9mo-3d-5h-48m ago
French shipyard Chantiers de l’Atlantique is planning to construct cruise ships topped by striking 80 meter “eco friendly” paneled sails, made of fiberglass and carbon. The Solid Sail/AeolDrive concept would reduce cruise emissions by up to 50%, according to the shipyard. The sail’s mast can....
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Published 3y-9mo-4d-9h-46m ago
The number and severity of attacks on vessels by pirates in the Gulf of Guinea are increasing. It is posing a threat to global trade and the safety of seafarers working in the region, according to the International Maritime Organization IMO . Mozart, a Liberian flagged vessel, had been on its way f....
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Published 3y-9mo-4d-10h-4m ago
Time charter rates for Panamax and post Panamax dry bulk ships were heard fixed in the market at $100,000/d or more Feb. 16, causing a stir among market participants, says an article published in S amp 38 P Global. Low Levels of Spot Tonnage Freezing temperatures across Europe have driven up coal d....
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Published 3y-9mo-4d-12h-7m ago
The Centers for Disease Control and Prevention CDC passed a new order that requires people to wear masks on public transportation, which includes aircraft, train, road vehicle, vessel or other means of transport, reports Royal Caribbean Blog. CDC order on cruise ships Passengers who refuse to wear....
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Published 3y-9mo-4d-20h-4m ago
Signature pizzerias are a growing trend onboard and an article published in Cruise Industry News reveals the selection of some of the most popular pizza choices in the industry. 1. Sorrento’s – Royal Caribbean Free of charge, Sorrento’s is a hit on Royal Caribbean’s newest ship classes. Acco....
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Published 3y-9mo-4d-22h-34m ago
The Methanol Institute has welcomed the announcement that A.P. Moller amp 8211 Maersk will operate the world’s first carbon neutral liner vessel by 2023. Maersk’s methanol feeder vessel will have a capacity of around 2000 TEU and be deployed in one of its intra regional networks. While the ve....
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Published 3y-9mo-5d-4h-51m ago
Marking a significant step forward in seafarer welfare, a group of established maritime entities have joined forces to build a digital platform. It is aimed at improving the emotional well being of the world’s 1.7 million seafarers. The Safebridge CrewCare app is a joint venture developed by vario....
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Published 3y-9mo-5d-5h-6m ago
The global coronavirus pandemic driving owners and managers to move towards operating cashless vessels, says an article published in riviera. Thome’s Integrated Maritime Services The ShipMoney service will be used to pay a global crew pool of around 12,000 seafarers on a fleet of more than 400 ves....
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Published 3y-9mo-5d-5h-8m ago
Fr Paulo Prigol, Stella Maris Manila Port Chaplain celebrated the first live streamed Mass broadcast direct to seafarers on Isle of Man registered ships. Mass was beamed through the Isle of Man Ship Registry’s new seafarer welfare app. Mass will be available live to 10,000 seafarers and 400 ships ....
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Published 3y-9mo-5d-5h-47m ago
A century after the global shipping fleet ran largely on coal, the world’s largest shipping line is taking a historic step toward not using fossil fuels for propulsion. All newly constructed vessels owned by A.P. Moller Maersk will have to be able to use carbon neutral fuels. The shift comes just ....
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Published 3y-9mo-5d-10h-17m ago
Prices for dry bulk shipping keep inching higher, but not everyone amp 8217 s benefiting. Author Rich Smith shares his view on why safe Bulkers and Golden Ocean Group stocks are up, but Castor Maritime and Diana Shipping are down for an article published in TheMotleyFool. What happened Good for dr....
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Published 3y-9mo-5d-10h-36m ago
Speaking at the launch of a DNV GL white paper on ship safety in the context of digitalisation and decarbonisation, the classification society’s maritime CEO Knut Ørbeck Nilssen expressed shock that nearly 70% of IMO member states have still not recognised seafarers as “key workers”, says an ....
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Published 3y-9mo-5d-23h-18m ago
Bunker company Monjasa will not have to pay compensation of DKK 40 million in an unusual dispute with Stena Oil, rules Denmark amp 8217 s Supreme Court. Stena Oil filed a court case for Monjasa to relinquish profits it made from the fuel in question as it sees itself to be the owner of the confisca....
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Published 3y-9mo-5d-23h-54m ago
Malaysia’s seafarers will be given priority to receive the vaccination in the first phase of the National Covid 19 Immunisation Programme, reports MalayMail. Continue to support after the vaccine The Association of Malaysia’s Maritime Professionals IKMAL said seafarers who have been vaccinated....
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Published 3y-9mo-6d-1m ago
Oil products stockpiles at the Port of Fujairah dropped to the lowest level of 2021, with exports of fuel oil setting a record high, says an article published in S amp 38 P Global. Data Release Total inventory was 20.854 million barrels on Feb. 15, down 1.6% from a week earlier and the lowest since....
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Published 3y-9mo-6d-5m ago
The guidance recognizes that the act of mooring or unmooring a vessel with the exclusive use of the vessel’s crew self mooring . The guidance will be added into the next COSWP Amendment 2021, as a new Section 26.7 and new Annex 26.3 examples of mooring arrangements. UK Maritime Coastguard Agency ....
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Published 3y-9mo-6d-17m ago
Another Maersk ship loses hundreds of boxes overboard in the Pacific reports Splash 247. Casualty on the Pacific The Maersk Eindhoven 13,100 teu, became the latest boxship casualty in the Pacific. She suffered a blackout while en route to California and a subsequent loss of hundreds of containers ov....
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Published 3y-9mo-6d-29m ago
IMO amp 38 WISTA International have launched the Women in Maritime Survey to examine the proportion and distribution of women working in the maritime sector. The launch of the study follows the 2020 signing of the IMO WISTA MoU on promoting greater diversity and inclusion through enhanced coopera....
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Published 3y-9mo-6d-31m ago
Seafarers getting off ships in Singapore will now need to take a Covid 19 polymerase chain reaction PCR test at the port where the ship last stopped and test negative before arriving, says an article published in The Straits Times. MPA amp 8217 s Circular This new requirement applies to all appli....
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Published 3y-9mo-6d-41m ago
First Ship Lease Trust FSL Trust announces its memoranda of an agreement to sell two LR2 product tanker new buildings, reports The Edge. About the agreement FSL Trust said its wholly owned subsidiaries have executed memoranda of agreement to sell two LR2 product tanker newbuilding, the FSL Suez an....
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Published 3y-9mo-6d-42m ago
Polar fabricated, tested, installed functional additive manufactured parts on board the oil tanker Endeavor. Traditionally, parts used in shipbuilding and repair are manufactured via casting or forging techniques. the consortium aimed to utilize Additive Manufacturing AM to fabricate three types o....
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Published 3y-9mo-6d-4h-46m ago
Maersk to start carbon neutral vessel operation in 2023, 7 years ahead of target. The 2000 teu vessel will run on vlsfo and carbon neutral methanol Methanol fuel feeder and dual fuel engine will be installed on the ship In a major development, A.P. Moller amp 8211 Maersk has announced that they....
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Published 3y-9mo-6d-11h-9m ago
Greek marine fuel trader and broker Premium Bunkering has been shut down following the departure of its managing director, reports Ship amp 38 Bunker. Premium bunkering shuts down The firm has been closed now that its founder and managing director, Panayotis Bachtis, has taken up a new job runnin....
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Published 3y-9mo-6d-21h-32m ago
Some of the bunker quality problems anticipated before the IMO 2020 transition may now come to pass as oil prices surge this year. The collapse in demand for jet fuel and for road fuels caused by COVID 19 meant that some of these could have made their way into the marine fuel blending pool. Bunker f....
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Published 3y-9mo-6d-22h-10m ago
CMA CGM subsidiary Containerships has taken delivery of a new LNG powered vessel from China’s Guangzhou Wenchong Shipyard. The Handysize vessel has been named Containerships Borealis. It has a length of 170 metres, a beam of 27 metres, and capacity for 1,400 TEUs. The newbuild is the fifth LNG pow....
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Published 3y-9mo-6d-22h-31m ago
Hydrogen Viking will be equipped with a hydrogen cell that will deliver energy to a battery bank on board which in turn will supply gears and propellers with sufficient power to move the ship over 30 knots, says an article published in Servogear. Past Official Announcement In January, it was officia....
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Published 3y-9mo-6d-23h-28m ago
Rhenus takes over BLG freight forwarding sites and opens up new markets, says a press release published on their website. The strategic decision The BLG LOGISTICS GROUP has made a strategic decision to focus on its domestic and international business in its Contract, Automobile, and Container divi....
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Published 3y-9mo-6d-23h-57m ago
The white paper identifies a looming “safety gap” between shipping’s existing approach to safety risks and its ambitions for greater digitalisation and the adoption of alternative fuels, says an article published in DNV GL. DNV GL amp 8217 s White Paper DNV GL, the world’s leading classific....
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Published 3y-9mo-1w-1h-3m ago
Kalmar, part of Cargotec, has concluded a deal to supply Terminal and Logistics Center Vostochny TLC Vostochny with a total of six Kalmar Essential Reachstackers for use at the rail intermodal terminal in Electrougly in Russia’s Moscow Oblast district. The order was booked in Cargotec’s 2021 Q....
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Published 3y-9mo-1w-5h-40m ago
Quantum of the Seas may be the only Royal Caribbean cruise ship sailing right now, but she amp 8217 s got a lovely story fit for Valentine amp 8217 s Day, says an article published in Royal Caribbean Blog. About The Cruise Currently, Quantum of the Seas is offering 3 and 4 night cruises with no p....
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Published 3y-9mo-1w-5h-54m ago
Containers stay piled up in Europe and the US rather than been sent back to Asia. British businesses heavily hit which move and sell imported goods. The average cost of shipping a 40 foot container rose from $1,752 last Feb to more than $8,000 at the end of last week. Continuing shipping chaos cause....
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Published 3y-9mo-1w-9h-55m ago
SAFETY4SEA amp 8217 s 2021 GREEN4SEA Awards shortlisted nominees announced. Award to recognize those organizations that demonstrated outstanding performance. SAFETY4SEA announced the shortlisted nominees for 2021 GREEN4SEA Awards, says an article published on their website. GREEN4SEA Awards SAFETY4....
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Published 3y-9mo-1w-11h-27m ago
IMO sets the low and zero carbon fuel options to ensure shipping’s path to decarbonization at online symposium. The symposium explored the technical aspects of various fuels, safety issues, regulation, pricing. Kitack Lim stresses the need for new technologies, new fuels and innovation to reach a ....
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Published 3y-9mo-1w-11h-51m ago
A declaration calling for seafarers to be designated as key workers was signed by more than 300 firms and organsiations. Further, IOSH says there needs to be a cross industry push to protect them. IOSH has previously identified the need for more action to protect seafarers’ wellbeing, with resear....
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Published 3y-9mo-1w-13h-42m ago
GTT has obtained two Approvals in Principle AiP from Bureau Veritas, a world leader in testing, inspection and certification. The first Approval is related to the « NH3 Ready » classification of Mark III membrane tanks. The second Approval obtained from Bureau Veritas relates to the higher desig....
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Published 3y-9mo-1w-14h-48m ago
Enhanced cooperation and implementation of best practices needed to avoid, deter and report attacks threatening ships and crew. Implementation of Best Management Practices on ships as well as good coordination onshore can help deter and resolve attacks on ships. IMO Secretary General Kitack Lim has ....
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Published 3y-9mo-1w-22h-4m ago
Trend to continue as carriers eye replacing older vessels. Order book rebounds from a more than 30 year low in 2020. Few of the world’s largest container shipping lines are ordering new vessels amid surging demand for ocean cargo services, giving a long awaited boost to the outlook for shipyards i....
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Published 3y-9mo-1w-23h-5m ago
The development of a new BIMCO Force Majeure Clause is progressing and continued last week as the subcommittee met to draft a bolt on provision relating to situations when cargo has been loaded onto the ship and a party declares force majeure, says an article published in Bimco. Contract Termination....
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Published 3y-9mo-1w-23h-5m ago
A National Transportation Safety Boa rd Marine Accident Brief says that an 83,000 cubic meter LPG tanker struck a Washington State wharf on December 15, 2019, because the pilot approached with excessive speed and at too steep an angle, resulting from poor bridge resource management by the pilot and ....
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Published 3y-9mo-1w-23h-52m ago
FOBAS proceeded on testing a number of samples from Singapore, which were ordered as ISO F RMG380 grade. Fuels with high sediments can result in excessive sludge deposition in tanks and throughout the handling and treatment/fuel injection systems. In addition, when using this kind of fuels, it will ....
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Published 3y-9mo-1w-1d-21m ago
BIMCO new clause will promote JIT arrival concept in the bulk sector for efficient shipping. The new clause creates a contractual framework to overcome the primary obstacle to just in time arrivals. JIT Arrival Clause for Voyage Charter Parties gives charterers the right to ask owners to optimise th....
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Published 3y-9mo-1w-1d-39m ago
Shipping has taken important steps in cyber security, but leaders must continually address cyber risks that are unique to their organisations and operating environments, reports International Chamber Of Shipping. 2021 ICS Leadership Insights This was a clear message from all speakers at the latest I....
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Published 3y-9mo-1w-1d-5h-31m ago
DNV GL updates its GRAB notation for cargo hold reinforcements that will save owners money, says an article published on their website. GRAB notation In response to technical advances resulting in lower weight bulk cargo grabs with reduced damage potential, DNV GL has revised its GRAB notation for....
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Published 3y-9mo-1w-1d-8h-40m ago
The Baltic Briefing has released a report about the dry bulk market for the 6th week of shipping activities of this year. The report dated 12th January highlights the dry bulk market conditions at the on sight of the 6th week. Capesize The market was predictably quiet by the end of the week with man....
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Published 3y-9mo-1w-1d-8h-57m ago
The Baltic Briefing has issued the tanker report for the 6th week of this year. The report dated 12th February 2021 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities. VLCC VLCC sector seems quiet ahead of the Chinese Lunar New Year Holiday.....
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Published 3y-9mo-1w-1d-12h-11m ago
A general cargo ship suffered fire in the engine room on Feb 8 in Caspian sea, while en route from Baku to Aktau, reports Maritime Bulletin. What happened According to the report from the master, funnel insulation cover was the source of the fire. Ship disabled Fire was extinguished by sealing ....
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Published 3y-9mo-1w-1d-12h-22m ago
Shipping has taken important steps in cyber security, but leaders must continually address cyber risks that are unique to their organisations and operating environments. This was a clear message from all speakers at the latest ICS Leadership Insights dialogues on 10 February 20201, focusing on cyber....
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Published 3y-9mo-1w-1d-14h-33m ago
Industry body the European Community Shipowners amp 8217 Associations ECSA has recommended that the EU makes it mandatory for bunker suppliers to sell zero carbon fuels as it starts to charge the shipping industry for its carbon emissions, reports Ship amp 38 Bunker. Making Zero carbon fuels ....
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Published 3y-9mo-1w-1d-22h-5m ago
MAN Energy Solutions’ Two Stroke Business has surpassed 1,000 orders for Tier III compliant, emission reduction technology for its portfolio of MAN B amp 38 W branded, low speed engines, reads the company press release. Tier III requirements Under the Tier III standard, NOx emissions must be redu....
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Published 3y-9mo-1w-1d-22h-23m ago
The Maritime and Port Authority of Singapore, in their recent circulars, has updated the requirements for sign off crew from ocean going cargo ships that require COVID 19 pre departure testing in Singapore. Updated requirements MPA notes that some countries require traveller amp 8217 s to take a ....
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Published 3y-9mo-1w-1d-23h-2m ago
The technology group Wärtsilä has signed a Wärtsilä Optimised Maintenance Agreement covering two offshore Well Intervention Vessels owned by Norway based Siem Offshore, reads the company website. Optimization of fuel consumption The 5 year agreement will ensure the optimal maintenance required....
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Published 3y-9mo-1w-1d-23h-20m ago
The European shipping industry welcomes the EU’s political commitment to a first pilot of the new Coordinated Maritime Presences CMP concept in the Gulf of Guinea off the coast of West Africa, but cautions that the situation remains very precarious for European and international merchant vessels....
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Published 3y-9mo-1w-2d-7m ago
According to an article published in IEEE Spectrum, a new ship powered only by lithium ion batteries is coming to Japan’s coastline and the 60 meter long tanker will be the first all electric vessel of its kind when it launches in Tokyo Bay next year, its developers say. The e5 Vessel The “e5....
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Published 3y-9mo-1w-2d-59m ago
Container shipping firms are locked in a “significant bottleneck” as resurgent global demand stretches capacity and drives up freight rates, Maersk CEO Soren Skou told CNBC Wednesday. amp 8216 A challenging quarter amp 8217 Maersk, the world’s largest container shipping firm, missed its ow....
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Published 3y-9mo-1w-2d-4h-4m ago
The recent news headline said it all: “Pirates kidnap 15 Turkish sailors in attack on container ship” off the Nigerian coast in the Gulf of Guinea. A vast maritime zone of 2.3 million square kilometers and 5700 kilometers of coastline with considerable economic wealth, the Gulf of Guinea has rec....
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Published 3y-9mo-1w-2d-4h-5m ago
According to a Cyprus Shipping News article, the Korean Register KR has published a technical report outlining the safety regulations and resulting design implications for ammonia fueled ships. The report provides essential information for industry stakeholders such as shipowners, shipyards, and e....
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Published 3y-9mo-1w-2d-5h-5m ago
A newly released U.S. Coast Guard video offers visceral proof of just how extreme the congestion has become at the ports of Los Angeles and Long Beach, reports Freight Waves. The new view from above reveals a vast armada of container ships scattered at anchor across California’s San Pedro Bay. The....
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Published 3y-9mo-1w-2d-5h-16m ago
The Sustainable Shipping Initiative SSI on 8 February published a white paper setting out sustainability issues and principles surrounding marine fuels under consideration for shipping’s decarbonisation, says an article published in Manifold Times. The White Paper The paper, titled Defining sust....
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Published 3y-9mo-1w-2d-23h-43m ago
Seaspan announced its agreements with a major shipyard for 10 – 15,000 TEU dual fuel liquefied natural gas LNG containership newbuilds , says a press release published on their website. LNG powered investment The ultra modern containerships are anticipated to begin deliveries in the first half....
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Published 3y-9mo-1w-2d-23h-53m ago
Ocean Network Express ONE trials GoodFuels’s biofuel, says a press release published on their website. The 2 month trial The two month trial was carried out on the 4,803 teu MOL Experience. Bunkering was carried out at the port of Rotterdam in November. About the mixture During this first trial,....
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Published 3y-9mo-1w-2d-23h-59m ago
ABS has granted approval in principle AIP to Hyundai Heavy Industries’ HHI Group design for a floating storage and offloading FSO vessel that is intended for operations in Mexican waters, reports OE Digital. ABS compliance review The two million barrel cargo tank capacity design 2 MMbbl wa....
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Published 3y-9mo-1w-3d-3h ago
30 energy players initiate an integrated value chain to deliver green hydrogen across Europe at the price of fossil fuels. The ambition is to achieve 95 GW of solar and 67 GW of electrolysis capacity by 2030 to deliver 3.6 million tonnes of green hydrogen per year. Following two years of research an....
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Published 3y-9mo-1w-3d-3h-14m ago
RINA and SDARI have signed a Joint Development Project Agreement to develop a ship design capable of being fueled by either ammonia or methanol. SDARI will focus on the ship concept development and design while RINA will verify the compliance with the applicable rules, including those for the use of....
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Published 3y-9mo-1w-3d-3h-39m ago
Seven incidents of armed robbery against ships were reported in Asia in January 2021, reports ReCAAP ISC. Incidents in the Singapore strait The ReCAAP ISC is concerned with the continued occurrence of incidents on board ships while underway in the Singapore Strait. In January 2021, three incidents w....
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Published 3y-9mo-1w-3d-4h-3m ago
A LPG tanker under repairs at Samarinda PT Barokah Perkasa shipyard, East Kalimantan, Indonesia, reportedly caught fire, followed by an explosion, on Feb 11, reports Maritime Bulletin. Did you subscribe to our daily newsletter It’s Free! Click here to Subscribe! Source: Maritime Bulletin
The po....
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Published 3y-9mo-1w-4d-10h-45m ago
ITF Seafarers have created a photographic archive of crew members’ experiences at sea during this extraordinary time, with vivid impressions of what it is like to sail the oceans during the Covid 19 pandemic, reports South China Morning Post. Here is a selection of photos depicting the realities o....
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Published 3y-9mo-1w-4d-11h-42m ago
A valve problem on a bulk carrier anchored in British waters in the Bay of Gibraltar caused an oil spill on Friday, some which drifted into the harbour basin, says an article published in Gibraltar Chronicle. Spill Damaging Boats As boat marinas inside the harbour deployed booms to stop the spill da....
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Published 3y-9mo-1w-4d-11h-51m ago
A meeting of the Coast Guard and Maritime Transportation Sub committee discussed some of the important maritime issues. They include stevedores as key workers for vaccinations, queues of containerships on the US West Coast, and the country’s shipyards in focus. The sub committee within the House C....
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Published 3y-9mo-1w-4d-13h-55m ago
Survey ship HMS Echo has investigated shipwrecks at the heart of two of the greatest losses of life at sea in history, reports the Maritime Executive. Devonport based Echo has been on operations in the Baltic and recently studied the wrecks of Second World War vessels Wilhelm Gustloff and Goya. More....
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Published 3y-9mo-1w-4d-19h-57m ago
MSC Cruises has unveiled the first humanoid, robotic bartender that will debut on their newest cruise ship, reports Fox News. First humanoid bartender Rob, the first humanoid, robotic bartender at sea, will be the feature in the MSC Starship Club and exclusively on MSC Virtuosa. Rob will mix and se....
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Published 3y-9mo-1w-4d-20h-38m ago
Pirates have continued to launch attacks in the Singapore Strait, with three reported incidents last month in the 105km long stretch of water south of Singapore which serves as a key waterway for trade, says an article published in Straits Times. Increasing Piracies Last month amp 8217 s incidents ....
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Published 3y-9mo-1w-4d-22h-26m ago
BIMCO urges shipping players to help combat the industry’s often unknowing use of counterfeit copies of BIMCO forms, says a press release published on their website. Proof checking agreements In an effort to reduce risks and save time in proof checking agreements, BIMCO urges shipping players to h....
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Published 3y-9mo-1w-5d-5h-30m ago
Nautilus International, the trade union for maritime professionals, has urged the government to rethink its policy to refuse key worker seafarers from hotel quarantine, says an article published in Sea News. Mark Dickinson Comments ‘I am dismayed that the government has not followed its own policy....
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Published 3y-9mo-1w-5d-7h-12m ago
The number of oil tankers sailing to China, world amp 8217 s largest importer of crude oil, jumped to a six month high of 127 on Friday according to data from Bloomberg. It estimated that if fully laden, the vessels would deliver in excess of 250 million barrels, says an article published in Global....
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Published 3y-9mo-1w-5d-11h-57m ago
Supported by shrinking supplies and firm demand, Asian refiners amp 8217 profit from producing very low sulphur fuel oil VLSFO rose to a one year high this week, setting the stage for a trend that could persist throughout the year, reports Business World. Crude market tightness amp 8220 Tightn....
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Published 3y-9mo-1w-5d-22h-6m ago
Logistics giant AP Moller Maersk saw a 6.9% drop in its bunker consumption last year as the COVID 19 pandemic hit container freight demand, reports Ship amp 38 Bunker. Plunging bunker consumption Maersk amp 8217 s total bunker consumption was 10.3 million mt in 2020, according to its annual repo....
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Published 3y-9mo-1w-5d-23h-25m ago
Yara is stepping into the low carbon ammonia sector, announcing a new division focused on green ammonia as a marine fuel and fertilizer, says an article published in Maritime Executive. Yara Clean Ammonia Svein Tore Holsether, President and Chief Executive Officer of Yara said, amp 8220 I am . . .....
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Published 3y-9mo-1w-5d-23h-52m ago
Mitsui O.S.K. Lines, Ltd. held the naming ceremony for an LNG carrier, ordered through a wholly owned subsidiary of MOL online on February 9, 2021, says a press release published on their website. The online ceremony The LNG carrier was named amp 8220 GAIL BHUWAN amp 8221 in the presence of Mr. ....
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Published 3y-9mo-1w-5d-23h-58m ago
Along with other international organizations and member states of IMO, BIMCO has asked the International Maritime Organization to reconsider its new draft sewage regulation. Together with a number of member states and international organizations, BIMCO has proposed that the IMO should reconsider the....
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Published 3y-9mo-1w-6d-11m ago
New efficiency standards to squeeze tonnage supply Charterers may embrace only efficient ships Onus on shipowners to face carbon conundrum Draft amendments to the International Maritime Organization amp 8217 s mandatory rules on reducing carbon in existing ships by 2023 are likely to result in new ....
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Published 3y-9mo-1w-6d-13m ago
Insights into ship’s operational data, amplified by Artificial Intelligence AI can help save up to 10 percent fuel and cut costs and unlocking the value of advanced analytics can increase vessel uptime and reduce essential service visits by up to 30 percent, says an article published in ABB. Dig....
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Published 3y-9mo-1w-6d-20m ago
GEODIS, a leading global supply chain operator, provides its customers with guaranteed space in an ultra tight sea freight market from China to Europe. Vessel schedules Arrive Hamburg on 28th The first 1,000TEU1 capacity vessel, operated exclusively by GEODIS, is scheduled to arrive in Hamburg on 28....
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Published 3y-9mo-1w-6d-3h-58m ago
Bangkok based Sea Oil Public Company Limited’s Singapore subsidiary, Sea Oil Petroleum Pte Ltd, acquires Pro Fuels AS’s trading business and operations. As part of the acquisition, Sea Oil Petroleum AS has been established and the former Pro Fuels team will transfer as new employees to the compa....
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Published 3y-9mo-1w-6d-6h ago
With express permission, it is with great sadness that Tanker Operator reports the tragic and premature death of a young seafarer onboard the MT SEA PRINCESS IMO 8607634 , an asphalt bitumen tanker owned by Global tanker Pvt Ltd India and operated by Prime Tankers UAE , which occurred on the after....
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Published 3y-9mo-1w-6d-6h-42m ago
Current modal shift from ocean to air by Seko Logistics is expected to continue as chaos in the container shipping industry is expected to continue beyond the Chinese New Year, reports Air Cargo News. Airfreight due to ongoing delays Seko Logistics chief growth officer Brian Bourke said that this ye....
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Published 3y-9mo-1w-6d-22h-25m ago
An article in Safety4sea explains how ship operators can protect seafarers’ health during COVID 19. According to the ISM Code, ship operators are required to assess all identified risks to their ships and personnel and take the necessary measures. Therefore, shipping companies should develop plans....
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Published 3y-9mo-1w-6d-22h-50m ago
Fujairah delivered 0.5% bunkers prices rose 7% in the week to Feb 9. Middle distillate stocks showed the biggest % drop. Light distillates stocks at a three week low. According to a Platts report, oil products stockpiles at the Port of Fujairah outside of the Strait of Hormuz in the Persian Gulf dro....
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Published 3y-9mo-1w-6d-23h-31m ago
In a major development, IBIA has come out in the support of Rotterdam bunker fuel transport license, reports Port News. Rotterdam is an important bunkering hub and any change in their fuel licensing will have a major impact on maritime trade. Bunkering Vessels Need License As of 1 February 2021, bun....
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Published 3y-9mo-1w-6d-23h-35m ago
Container shipping giant Maersk has filed suit alleging that fuel supplied to it as part of an oil swap deal was contaminated. The suit filed seeks to hold commodities trader Glencore liable for supplying the off spec fuel to the company’s vessels. Maersk claims an approximate USD 6.1 million in t....
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Published 3y-9mo-1w-6d-23h-46m ago
Peninsula Petroleum completed a record breaking first LNG bunker supply to its customer H Line in Malaysian waters, says an article published in OffshoreEnergy. First LNG bunker supply Peninsula Petroleum, in partnership with Petronas Marine, completed its first LNG bunker supply. Bulk carrier’s i....
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Published 3y-9mo-1w-6d-23h-58m ago
A patrol ship in the Taiwan Straits, developed by the China Shipbuilding Industry Corp CSIC , held its launching ceremony, says an article published in Global Times. Largest maritime patrol rescue vessel The patrol ship launched will become China amp 8217 s largest maritime patrol rescue vessel ....
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Published 3y-9mo-2w-2m ago
With nearly four years into their odyssey at sea, the five member crew of oil tanker MT Iba is tantalisingly close to shore and yet still unable to set foot on dry land, says an article published in Reuters. The Calm after the Storm Bleary eyed and wearing tattered clothes, the men are exhausted fro....
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Published 3y-9mo-2w-15m ago
CADAM SA announces a temporary container service surcharge of $300 per container on all export shipments effective February 10, 2021. KaMin amp 124 CADAM are implementing a variety of solutions to minimize delivery delays amid turmoil in the international freight markets. This temporary surchar....
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Published 3y-9mo-2w-5h-8m ago
Shipping risk management organization RightShip launched its new Safety Score and Platform says a press release published on their website. About the old Qi platform RightShip’s old Qi platform has been made ‘read only’ and the Risk Rating removed, before Qi will go offline on February 15. A....
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Published 3y-9mo-2w-5h-33m ago
The global shipping industry is hoping that President Biden’s “America is back” declaration means the U.S. is returning to free trade principles, and away from Trump administration protectionist policies that often dragged ocean vessels into efforts to enforce sanctions, reports WSJ. What Happ....
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Published 3y-9mo-2w-9h-41m ago
Just as lights play a significant role in understanding what other boats are doing, so do sounds. Understanding what you hear is another step towards being a amp 8220 complete mariner amp 8221 , reports BoatUS. Virtually every boat is required to have some sound producing device. There is a great....
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Published 3y-9mo-2w-9h-58m ago
Digitalization can enhance transparency, accountability and disclosure throughout the ship recycling supply chain, reports Riviera. Data Issues Data quality and fastidious administration is vital to ensuring compliance with the latest hazardous material requirements in the European Union EU and ....
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Published 3y-9mo-2w-10h ago
The European fuel oil Hi 5 spread has risen to triple digits for the first time since the end of March 2020, reports Platts. The widened spread Reason behind the rise The rise is said to be due to the low sulfur fuel oil supported by demand from the East and limited domestic production. Highest spre....
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Published 3y-9mo-2w-11h-7m ago
Dutch seafarers face job cuts after Maersk Line announced the sale of its Dutch ships. The seafarers appeal to the shareholders of A.P. Moeller – Maersk to intervene to help save their jobs. In an open letter to the Maersk shareholders, they appealed for intervention with management. The campaign ....
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Published 3y-9mo-2w-12h-32m ago
Transportation Safety Board issues a safety message due to a collision. The collision took place between two bulk carriers anchored while waiting for cargo at the Port of Vancouver. The crash happened between the Green K Max and the Golden Cecilie. It happened on March 30 last year in the water betw....
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Published 3y-9mo-2w-12h-50m ago
Six new container ships being built for Hapag Lloyd will deliver emissions savings of as much as 25%. As a result it wins the liner green financing for its order. Hapag Lloyd amp 8217 s six new 23,500 TEU boxshipswill be able to run on LNG as well as conventional bunkers, and are due for de....
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Published 3y-9mo-2w-13h-7m ago
Swedish ferry operator Stena Line plans to start operating two fossil free battery powered vessels on the route between Gothenburg and Frederikshavn in Denmark no later than 2030, says an article published in Ship Insight. The Collaboration Project In an effort to speed up the transition to fossil f....
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Published 3y-9mo-2w-22h-46m ago
Both high sulfur and low sulfur bunker fuel markets are expected to see quieter demand in the week leading up to the Lunar New Year holidays in Singapore, market participants said, although the cargo markets have seen slightly diverging fundamentals, says an article published in S amp 38 P Global. ....
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Published 3y-9mo-2w-23h-18m ago
The not for profit organisation Eyesea has successfully tested its pollution mapping app on ocean going vessels, reports the Maritime Executive. The test was conducted when proof of concept readings using the prototype app were taken last month by crew members of an Oldendorff Carriers vessel near F....
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Published 3y-9mo-2w-23h-30m ago
Windship Technology has created a new zero emission ship that could help to revitalise the industry, says an article published in Environment Journal. The Zero Emission Ship The True Zero Emission ship uses a new diesel electric drive system that helps to eliminate carbon dioxide, nitrogen oxide and....
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Published 3y-9mo-2w-1d-37m ago
The CMA CGM group, in their website, informs its customers of the Equipment Imbalance Surcharge applicable as follows as from March 1st, 2021 until further notice. Empty Equipment Imbalance Surcharge Origin Range: From Bata, Equatorial Guinea Destination Range: To all destinations Equipment/Cargo: a....
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Published 3y-9mo-2w-1d-53m ago
This winter amp 8217 s LNG supply constraints and the associated surge in Asian spot LNG prices in mid January have prompted buyers to rethink their procurement strategies, given sellers amp 8217 opportunity to market long term deals with renewed vigor, and may trigger some lasting changes in ....
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Published 3y-9mo-2w-1d-3h-4m ago
Autonomous ships are good for business, for the environment and improves safety both at sea and on land. Autonomy introduces a new competition area for short sea shipping and opens a larger market for maritime players – on the expense of polluting, congested and accident prone truck transportation....
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Published 3y-9mo-2w-1d-3h-6m ago
Ocean shipping in favor in 2021, shipbuilding in 2022 top pick is Pan Ocean. Shipbuilding and ocean shipping stocks have been following a similar pattern as in the market upturn of 2017. The economic recovery in 2021 will be driven by fiscal policies and stimulus measures implemented by developed c....
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Published 3y-9mo-2w-1d-4h-41m ago
Introducing 3 mil mt/year of fuel ammonia by 2030 with cost cut target Finalizing detailed ammonia procurement plans in next several years: official Aims to develop 100 mil mt/year fuel ammonia supply networks by 2050 According to a Platts report, Japan has estimated its demand for fuel ammonia in t....
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Published 3y-9mo-2w-1d-8h-58m ago
A new class notation from DNV GL attests to special fire detection and firefighting measures implemented on board a containership. The notation was first given to the 23k class MSC FEBE, the winner of the 2020 Seatrade Shanghai “Ship of the Year” award, says an article published on their website....
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Published 3y-9mo-2w-1d-9h-4m ago
NYK announces the order of its first two liquefied petroleum gas LPG dual fueled very large gas carriers VLGCs to Kawasaki Heavy Industries Ltd, says a press release published on their website. Both ships will be built at the KHI Sakaide Works shipyard and are set for delivery in 2022. Benefit....
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Published 3y-9mo-2w-1d-9h-41m ago
A Japanese submarine collided with a commercial ship while surfacing in Pacific coast on Monday, reports CNN. What happened According to government officials, a Japanese submarine collided with a commercial ship as it attempted to surface off the country amp 8217 s Pacific coast on Monday. The acc....
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Published 3y-9mo-2w-1d-10h-10m ago
The Baltic Briefing has released a report about the dry bulk market for the 5th week of shipping activities of this year. The report dated 05th January highlights the dry bulk market conditions at the on sight of the 5th week. Capesize The market began to meet increased resistance to the recent slid....
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Published 3y-9mo-2w-1d-11h-48m ago
This Marine Information Note MIN provides information on the change to the format of STCW Certificates of Competency CoC . It also gives information on Flag State Endorsement / Certificates of Equivalent Competency FSE/CEC . The information is issued by the Maritime and Coastguard Agency MCA , ....
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Published 3y-9mo-2w-1d-12h-7m ago
amp 160 ABS had awarded a newbuild with the world amp 8217 s first amp 8216 ammonia ready amp 8217 designation from a classification society. The vessel, ordered by Avin International, will initially be conventionally powered. The vessel will be given the current outlook for ammonia uptak....
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Published 3y-9mo-2w-1d-12h-26m ago
Maersk accuses Glencore of having supplied low quality bunker for two of its container ships in 2018. The ships subsequently experienced engine problems, and Maersk wants millions of dollars in compensation for the damages. Logistics giant AP Moller Maersk is suing global commodity trader Glencore o....
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Published 3y-9mo-2w-1d-23h-9m ago
Following extensive use and feedback, the amp 8216 Crew Welfare Management and Mental Wellness amp 8217 guide of INTERTANKO has now been updated and is presented as a second edition. The updated guidance includes advice on helping seafarers to deal with emotional stress and overcome negative fee....
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Published 3y-9mo-2w-1d-23h-35m ago
The price spread between low VLSFO and high HSFO sulphur fuel oil continues to widen across the world, reports Splash247. Surge in fuel spread Lorentzen amp 38 Stemoco noted in an update to clients that the spread – often called the Hi5 – is now above $100 per ton in all the major bunke....
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Published 3y-9mo-2w-1d-23h-54m ago
The MPA of Singapore announced the Port of Singapore has been recognised as an Asia Pacific Economic Cooperation APEC Port Services Network APSN Green Port in 2020. This is the third consecutive time that MPA has received the accolade since it was launched in 2016. Regional shipping and bunkerin....
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Published 3y-9mo-2w-2d-15m ago
The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID 19 in relation to implementation measures imposed by governments for sea transport including for crew change as well as from the United Nation bodies like the International Maritime Organization IMO....
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Published 3y-9mo-2w-2d-53m ago
Exxon reported its first annual loss in at least three decades, reports Bloomberg Quint. Within that, it took a $19 billion impairment. Free cash flow swung negative to the tune of almost $5 billion, or almost $20 billion after dividends were paid out. Net debt to capital, 19% at the start of la....
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Published 3y-9mo-2w-2d-5h-37m ago
Maersk has given clients hope their delayed shipments on the 13,100 teu Maersk Essen may get to Los Angeles within a couple of weeks, reports Splash247. Boxes lost due to the storm The ship suffered the fourth reported box spill in the Pacific this winter, losing around 750 boxes overboard in a st....
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Published 3y-9mo-2w-2d-6h-31m ago
Chinese exporters suffer from extreme shortage and rising costs of shipping containers, which strand in America and Europe due to the COVID 19 pandemic, reports CGTN. Rising shipping prizes East China amp 8217 s Yiwu, also known as China amp 8217 s commodity exporting hub, bore the brunt when co....
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Published 3y-9mo-2w-2d-9h-28m ago
Ballard signs MoU with Global Energy Ventures for the development of fuel cell powered ship, says a press release published on their website. About the MoU Ballard Power Systems announced signing a non binding Memorandum of Understanding MOU with Global Energy Ventures GEV . GEV is a provider o....
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Published 3y-9mo-2w-2d-11h-8m ago
BIMCO has decided to revise and update SHIPMAN 2009 and CREWMAN A and B 2009 – the ship management sector’s “go to” standard agreements, says a press release published on their website. Third party management agreements In recent years, these industry stalwarts have spawned several other sta....
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Published 3y-9mo-2w-2d-11h-40m ago
Stena Line joins forces with transport giants to make Scandinavia’s largest port fossil free, says a press release published on their website. Cut emissions by 70% Stena Line, Volvo Group, Scania and the Port of Gothenburg have joined forces in an effort to speed up the transition to fossil free f....
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Published 3y-9mo-2w-2d-12h-15m ago
Digitalization has already unveiled its promising nature for shipping, but how does this translate in practice A new book entitled ‘Maritime Informatics’ comes to provide a vivid example of how decision making in the industry can be improved by digital technology, says an article published in s....
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Published 3y-9mo-2w-2d-22h-41m ago
According to an article published in Shipping Technology, a Q amp 38 A on the research project of Alfa Laval amp 8217 s use of fuel cell technology to decrease shipping emissions, has been conducted by Ilaria Grasso Macola IGM . The Research Project Swedish technology provider Alfa Laval has laun....
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Published 3y-9mo-2w-3d-1h-28m ago
According to an article published in Shipping Technology, a Q amp 38 A on the research project of Alfa Laval amp 8217 s use of fuel cell technology to decrease shipping emissions, has been conducted by Ilaria Grasso Macola IGM . The Research Project Swedish technology provider Alfa Laval has laun....
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Published 3y-9mo-2w-3d-1h-28m ago
Titan LNG is chartering the 5,200 cbm capacity Green Zeebrugge bunker vessel – formerly known as the Engie Zeebrugge – for ‘several years.’ The Green Zeebrugge joins Titan LNG’s two bunker barges already in operation, FlexFuelers 001 and 002, and will provide ‘better loading economics’....
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Published 3y-9mo-2w-3d-1h-52m ago
According to an article published in Lowy Institute, due to the heavy crisis of pandemic, some countries have banned crew rotations, some have tight limits and few are open, which implies the crisis continuing. Seafarer Crisis When a business manager is willing to spend US$200,000 to send home five ....
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Published 3y-9mo-2w-3d-2h-10m ago
Experts in Yara Marine Technologies now have their hands full with online training to help superintendents and chief engineers invest downtime in their crew, reads the company website. Crew training courses on the rise The number of training courses has nearly doubled owing to the coronavirus pandem....
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Published 3y-9mo-2w-3d-19h-8m ago
The European Parliament recently approved the inclusion of shipping into the EU Emissions Trading Scheme ETS which could dent shipowners amp 8217 profits, reports Platts. Strong resistance The shipping sector, which represents 13% of total EU greenhouse gas emissions, is likely to be under EU ET....
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Published 3y-9mo-2w-3d-21h-27m ago
Industry group BIMCO is seeking to take on the problem of ships tampering with satellite tracking to avoid being spotted breaking sanctions. The new BIMCO clause will address not only the use of the AIS during the charter party but also prior to the contract. The BIMCO AIS “Switch Off” Clause fo....
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Published 3y-9mo-2w-3d-21h-57m ago
French energy major Total has joined the Mærsk Mc Kinney Møller Center for Zero Carbon Shipping as a strategic partner. The partnership will allow Total to join forces with leading players across the shipping sector to develop new low carbon alternative fuels and carbon neutrality solutions. Total....
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Published 3y-9mo-2w-3d-22h-23m ago
More than 250,000 have signed up for a Royal Caribbean program that might still be months away, reports Bloomberg. Eager to volunteer When Royal Caribbean International announced it was looking for volunteers to help test its post pandemic health and safety protocols, Melody Wiggins was among the ....
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Published 3y-9mo-2w-4d-10h-56m ago
Terence Tsai started hearing about the growing labor crisis in shipping in a roundabout way. First, in March, an official at a ship management company in Hong Kong let slip that a captain had purposefully diverted a vessel under its control into the middle of the ocean to protest the treatment of hi....
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Published 3y-9mo-2w-4d-12h-18m ago
Guests of the inaugural CAREER4SEA Talk, Iris Baguilat, President, Döhle Seafront Crewing Manila Inc., John Dolan, Deputy Director of Loss Prevention, Standard Club and Gisa Paredes, Chief Operating Officer, WellAtSea discussed about the new trends in the post pandemic industry, says an article ....
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Published 3y-9mo-2w-4d-23h-39m ago
The Seamen’s Employment Office has debarred and blacklisted 2 seafarers’ recruitment and placement agents and their directors from conducting any maritime activity associated with the Directorate General of Shipping and its allied offices, reports the Hindu Business Line. The blacklisted agents ....
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Published 3y-9mo-2w-5d-4h-19m ago
Shanghai Ship Design amp 38 Research Institute signs partnership on joint ship design projects with Tillberg Design of Sweden, says an article published in Seatrade Cruise News. Ship design projects Tillberg Design of Sweden TDoS and Shanghai Ship Design amp 38 Research Institute SDARI h....
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Published 3y-9mo-2w-5d-10h-25m ago
ICS selected by G20 business body as its official network partner to highlight the key role of shipping in global trade and the need to end the ‘crew change crisis’, says a press release published on their website. Network partner in B20 In an industry first, ICS selected as network partner fo....
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Published 3y-9mo-2w-5d-11h-47m ago
amp 160 SEA LNG released a new report showing that LNG is no longer a niche option but a marine fuel of the future, says an article published in Offshore Energy. LNG Fuelled shipping 2020 was a year of positive developments for LNG fuelled shipping. It saw a record number of ships using and ports....
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Published 3y-9mo-2w-5d-12h-5m ago
19 seafarers aboard the 1982 built bulker Ula launch a hunger strike to protest their abandonment at the port of Shuaiba, Kuwait. The crew demands back pay totaling more than $400,000, along with immediate repatriation. Since January 7, they refuse all food, and they told the ITF that they will no....
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Published 3y-9mo-2w-5d-13h-1m ago
Ammonia as bunker fuel can play a key role in business strategy as shipping companies focus on how best to meet the greenhouse gas emission goals set by the IMO. According to the ammonia report, amp 8216 strong strategic planning can enable maritime companies to thrive through a multi decade peri....
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Published 3y-9mo-2w-5d-13h-14m ago
The Philippines has ended its temporary ban on international crew change for seafarers from vessels which had called at a list of 36 nations. According to shipping agency GAC new guidelines have been issued for crew change from 1 February. This is with reference to the Resolutions Nos.96 amp 38 9....
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Published 3y-9mo-2w-5d-13h-38m ago
Norway’s Corvus Energy has announced the development and production of sustainable, large scale maritime certified hydrogen fuel cell systems, reports Electrive.com. Production will be located in Bergen, Norway with Toyota onboard as key partner and supplier of mass produced fuel cell technology. ....
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Published 3y-9mo-2w-5d-22h-24m ago
The many industries that make up the world of freight have undergone tremendous change over the past several decades. Each week, FreightWaves explores the archives of American Shipper’s nearly 70 year old collection of shipping and maritime publications to showcase interesting freight stories of l....
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Published 3y-9mo-2w-6d-4h-49m ago
Today’s shipowners face a simultaneous battle on two fronts, states leading paint and coatings manufacturer Jotun. A growing pressure to comply with ever more stringent environmental regulations is matched by a need to control costs, and enhance efficiency, in competitive marketplace. Confronted w....
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Published 3y-9mo-2w-6d-5h-2m ago
Secondhand bulk carrier prices are firming despite a week of softening spot rates, says an article published in Splash 247. Smaller tonnage purchase Despite softening spot rates, secondhand bulk carrier prices are firming with buying interest increasingly focused on smaller tonnage. Clarksons Rese....
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Published 3y-9mo-2w-6d-11h-40m ago
Tongli Shipping has signed a kamsarmax sale and leaseback deal with CSSC Shipping, says an article published in Splash 247. Sale and leaseback deal CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation, has entered into a sale and leaseback deal with Singapore based Ton....
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Published 3y-9mo-2w-6d-11h-55m ago
POSCO, in their press release, announce the first completion an “eco friendly” operation by their LNG powered bulk carrier for overseas raw material transport. Eco friendly vessel On January 20, HL Green, an eco friendly vessel that departed Mokpo, South Korea last December, arrived at Gwangyang....
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Published 3y-9mo-2w-6d-21h-29m ago
The delivered premium of the very low sulphur fuel oil VLSFO bunker grade to its cargo price assessments in Singapore is largely rangebound, writes Sammy Six for Argus Media. The premium remains flat despite the fast approaching lunar new year holiday and additional COVID 19 measures imposed on th....
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Published 3y-9mo-2w-6d-21h-48m ago
The Oman Shipping Company launched the giant oil tanker Dhalkot , which was built at the DSME shipyard in South Korea and is the last ship out of 3 other tankers that were recently launched last year Tire, Bahla , says an article published in Arabian Daily. Developing Market This is to enhance its....
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Published 3y-9mo-2w-6d-23h-18m ago
BIMCO is working on a charter party clause that will help the shipping industry deal with potential abuse by sanctions busters of the Automatic Identification System AIS which is mandatory for all ships to carry under SOLAS. What is AIS In general, AIS transmits data about a vessel including its....
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Published 3y-9mo-3w-10m ago
Taking part in the ship recycling in the EU discussion, sponsored by Wirana Shipping, was the company’s vice president amp 8211 Middle East amp 38 green recycling co ordinator, Hitesh Vyas. He was joined by ADS Insight Scandinavia managing director and ADS Insight Belgium senior adviser Lott....
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Published 3y-9mo-3w-29m ago
International Taskforce Port Call Optimization ITPCO chairman Ben van Scherpenzeel discussed the practical obstacles facing JIT operations including charterparty contractual clauses, says an article published in riviera. Communicating JIT Operations The clauses stipulate that masters are expected ....
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Published 3y-9mo-3w-1h-1m ago
EPS, which operates a diverse fleet of over 15m dwt, revealed the achievement as it published its Environmental, Social amp 38 Governance ESG Policy for 2021, says an article published in seatrade maritime. EPS Disclosing Its Fleetwide CO2 Emissions EPS started disclosing its fleetwide CO2 emis....
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Published 3y-9mo-3w-4h-38m ago
The establishment of a global network of crew change hubs would help alleviate the humanitarian crisis seafarers face at present, according to the Maritime Authority of Jamaica MAJ , reports Seatrade Maritime News. Crew Changes The hubs could offer a short term solution to the barriers presented ....
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Published 3y-9mo-3w-7h-44m ago
Major shipowners, service providers, research and government bodies will gather for two days of knowledge sharing and networking at the 3rd GreenTech in Shiping Virtual Forum on March 2 and 3, 2021, reports The Maritime Executive. The event schedule The forum will cover a rich variety of topics and ....
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Published 3y-9mo-3w-7h-45m ago
Demurrage and Detention are 2 crucial things seafarers face at ports on a regular basis yet most of them aren amp 8217 t that much aware of the difference between them and often get tangled in legal issues. To remedy that Green Worldwide has done a thorough article explaining the terms. Let amp ....
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Published 3y-9mo-3w-9h-41m ago
The number of accidents that happen onboard a ship while at sea underlines the importance of safety equipment training for the seafarers and Safety4sea understood that so they spoke to Mr Iasonas Lalizas, Marketing Communication Manager at Lalizas Hellas. Today we are going to put forward that insi....
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Published 3y-9mo-3w-9h-57m ago
As competition for Mediterranean container traffic heats up, CMA CGM is set to operate a new container terminal at Egypt’s port of Alexandria, reports the LoadStar. The French shipping group will manage the multipurpose, 1.5m teu capacity facility, Pier 55, with operations commencing next year. Fa....
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Published 3y-9mo-3w-10h-7m ago
The Maritime and Coastguard Agency MCA announced that six foreign flagged ships remained under detention in UK ports during December 2020 after failing port state control PSC inspection. Six new detentions During December, there were four new detentions of foreign flagged vessels in a UK port. I....
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Published 3y-9mo-3w-10h-54m ago
amp 160 K Line and ShipDC have agreed to share operational data of the entire K Line fleet equipped with Kawasaki Integrated Maritime Solutions, says a press release published on ClassNK website. Operational data sharing Japanese shipping major Kawasaki Kisen Kaisha K Line and Ship Data Center ....
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Published 3y-9mo-3w-12h-17m ago
BP has reported a loss of $5.69bn £4.15bn for last year after a collapse in global oil demand during the Covid 19 pandemic, compared with a profit of almost $10bn in 2019, says an article published in The Guardian. Tumbled Prices The company’s first full year financial loss in a decade came aft....
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Published 3y-9mo-3w-12h-25m ago
Platts has launched a new dry bulk weighted average index – APSI 5 – for Supramax class bulkers, effective February 1, 2021. Platts is the leading independent provider of information, analytics and benchmark prices for the commodities and energy markets. APSI 5 is the dry bulk freight market amp....
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Published 3y-9mo-3w-15h-11m ago
INTERCARGO and RightShip are founding partners of DryBMS, a quality standard for the dry bulk sector. Safety, environmental and operational excellence are promoted through company self assessment. Both RightShip and INTERCARGO have strongly and consistently advocated the need for significant impr....
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Published 3y-9mo-3w-15h-22m ago
The Britannia P amp 38 I Club, in its BSafe campaign, reports the incident where an AB had a fatal fall from a portable ladder onboard a product tanker. The AB was conducting maintenance work on the launching system for the ship’s free fall lifeboat and later tragically died from his injuries. Th....
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Published 3y-9mo-3w-23h-28m ago
The unexpected demand recovery in the container shipping sector driven primarily by the US based demand surge has seen the charter market depleted of available capacity, reports Offshore Energy. Increase in delays due to demand upturn The demand upturn has lead to increasing delays and heavy port co....
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Published 3y-9mo-3w-1d-19m ago
Baltic Exchange has released a report about the dry bulk market for the 4th week of shipping activities of this year. The report dated 29th January highlights the dry bulk market conditions at the on sight of the 4th week. Capesize The Capesize routes endured a week of slippage on rates, bringing th....
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Published 3y-9mo-3w-1d-59m ago
It is a good sign for seafarers and the industry that there is so much rallying around behind the Neptune Declaration and pressure is being applied to ensure the messages about the importance of seafarers are being heard. It is vital seafarers get back home, that those stuck at home can return to wo....
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Published 3y-9mo-3w-1d-4h-29m ago
Around 15% of containerships fleet of Ocean Network Express ONE made extra calls last year to conduct crew changes, reports Seatrade Maritime News. Crew change crisis The crew change crisis, which engulfed the shipping industry left over 400,000 seafarers stranded on vessels after their contracts ....
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Published 3y-9mo-3w-1d-5h-37m ago
The fate of more than 200,000 seafarers who play a crucial role in keeping global trade flowing is being labelled a amp 8220 humanitarian crisis at sea amp 8221 . More than 300 firms and organisations are urging for them to be treated as amp 8220 key workers amp 8221 , so they can return home ....
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Published 3y-9mo-3w-1d-8h-42m ago
Biden takes steps to pause sales of oil and gas leases on federal land, cancel the Keystone XL pipeline amp 38 expand the government’s fleet of clean energy vehicles. The U.S. oil industry is concerned about limiting access to resources on federal acreage in New Mexico, Wyoming, Alaska and the ....
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Published 3y-9mo-3w-1d-9h-50m ago
Salvors continued last week to prepare for the third chain cut through the hull of capsized vehicles carrier Golden Ray IMO 9775816 , reports Insurance Marine News. Work at the wreck site Divers were removing debris and sediment that was blocking the cutting chain from entering the cut groove fo....
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Published 3y-9mo-3w-1d-10h-56m ago
There has been an increasing pressure for shipowners to sharpen their environmental performance, driven by IMO 2050, regional regulations. As a result, market pull from charterers, banks and investors, the decarbonization challenge is here to stay. DNV GL sees the adoption of new digital technologie....
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Published 3y-9mo-3w-1d-13h-32m ago
Maritime body MUI urged the government to take cognisance of amp 8216 Neptune Declaration on Seafarer Wellbeing and Crew Change amp 8217 in the formulation of Maritime India Vision 2030. The Ministry of Ports, Shipping and Waterways of India will be formulating amp 8216 Maritime India Vision a....
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Published 3y-9mo-3w-1d-13h-52m ago
David Hume, the founder of The Liquid Grid, looks at how America’s next generation of seafarers could lead world shipping to a greener future, reports Splash247. Low carbon energy technologies Maritime decarbonisation won’t happen without adoption of low carbon energy technologies. Unfortunately....
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Published 3y-9mo-3w-2d-9h-47m ago
Shipping companies are crying foul over EU plans to regulate the sector’s emissions. But the industry’s claim that new rules would break international law has no legal basis, write Faïg Abbasov and Aoife O’Leary in their article published on Euractiv. EU extends ETS After thirty years of regu....
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Published 3y-9mo-3w-2d-9h-47m ago
On 1 January 2020, new reduced limits on sulphur in fuel oil brought about a 70% cut in total sulphur oxide emissions from shipping. It is ushering in a new era of cleaner air in ports and coastal areas by using less polluting fuels. One year on, indications are that the transition has been extremel....
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Published 3y-9mo-3w-2d-10h-22m ago
What does the global shortage of shipping containers that’s sent ocean freight rates skyrocketing show Is it signs of easing! Yes, according to an index that tracks the steel boxes used to transport 90% of the global trade in goods, there is a sign of easing. The Container Availability Index sh....
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Published 3y-9mo-3w-2d-10h-54m ago
U.S. President Joe Biden’s government has vowed to extend support to the Philippines, in case of any armed attack in the South China Sea, reports BloombergQuint. 1951 Mutual Defense Treaty U.S. Secretary of State Antony Blinken told Philippine Foreign Affairs Secretary Teodoro Locsin in a call....
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Published 3y-9mo-3w-2d-11h ago
Much of global methanol production goes to industry leaving little left over for shipping, a methanol industry executive has said. Interviewed by price reporting agency Platts, Methanex amp 8217 s Stuart McCall said that lack of fuelling infrastructure was holding back the fuel amp 8217 s emergenc....
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Published 3y-9mo-3w-3d-13m ago
German utility Uniper took delivery of a new LNG tanker in South Korea amid efforts to boost its presence in the burgeoning Asian LNG market, reads the company website. Service contract for multiple trips The LNG tanker LNG Rosenrot is now complete and will be delivered to Uniper in South Korea. Uni....
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Published 3y-9mo-3w-3d-23h-56m ago
Mitsui OSK MOL has sold its first and oldest LNG carrier, Senshu Maru, for scrap after 37 years with the company. VesselsValue data shows that the 69,594 dwt ship was sold for green recycling in India at a price of $523 per LDT. The portal shows the vessel status as dead as of January 26. amp 8....
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Published 3y-9mo-3w-4d-1h-26m ago
New limits on fuel oil sulfur brought about a 70% cut in total sulfur oxide emissions from shipping, ushering in a new era of cleaner air by using less polluting fuels. One year on, indications are that the transition has been extremely smooth, a testament to the preparations of all stakeholders pri....
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Published 3y-9mo-3w-4d-1h-56m ago
The United States has pledged to support its allies involved in maritime disputes over both the South and East China seas – where China is locking horns with its neighbours – as the newly installed US administration is renewing alliances in Asia and Europe, reports South China Morning Post. Defe....
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Published 3y-9mo-3w-4d-9h-57m ago
PRESIDENT Muhammadu Buhari has embarked on all encompassing policy at the national level that will holistically address all the challenges that are facing the nation’s martime sector to boost the economy, it was learnt, says an article published in The Nation. National Maritime Transpot Po....
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Published 3y-9mo-3w-4d-11h-31m ago
According to a MarineLink report, Monday amp 8217 s unprecedented decision taken by the new US President was created with cheer by the maritime sector of America. Strengthening US Manufacturing President Joe Biden on Monday signed an executive order aiming to use government spending to strengthen d....
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Published 3y-9mo-3w-4d-12h-32m ago
amp 160 In the next four years, issues related to climate change will pose the greatest challenges for the domestic maritime industry. Neither President elect Biden nor his team have offered specifics on a maritime environmental agenda. Given the expectation of dramatic departure from the Trump A....
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Published 3y-9mo-3w-4d-14h-43m ago
Pirates in the Gulf of Guinea killed a seafarer and took another 15 seafarers hostage in an attack on Saturday. Governments called on for immediate action to prevent more seafarers being murdered in the Gulf of Guinea. After the recent piracy incident off Gulf of Guinea, where pirates killed a seafa....
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Published 3y-9mo-3w-4d-21h-7m ago
Run by the World Economic Forum, Energy Transitions Commission, Rocky Mountain Institute, the We Mean Business coalition, the amp 8220 Mission Possible Partnership amp 8221 aims to accelerate several pathways for decarbonizing heavy industry and transport by unifying the critical actors needed t....
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Published 3y-9mo-3w-5d-5h-29m ago
The build up of marine plants and animals on ship hulls is an age old problem. This ‘biofouling’ can increase fuel consumption by up to 40% and boost emissions. Now a robot has been invented that cleans ship hulls every time they anchor. An article in World Economic Forum reports of Jotun robot ....
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Published 3y-9mo-3w-5d-6h-52m ago
Automated ships are gaining momentum these days and the shipping industry is staring at an automated future but the question that amp 8217 s on everyone amp 8217 s mind these days is the future of seafarers. How will seafarers fare once automated ships take over What will be the life of a seafa....
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Published 3y-9mo-3w-5d-8h-50m ago
The latest benchmark Seafarers amp 8217 Happiness Index from Mission to Seafarers sounds a dark note as the COVID 19 pandemic and the crew change crisis drag on, reports The Maritime Executive. amp 8216 Losing Faith amp 8217 Overall index scores last quarter were up slightly, but individual wr....
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Published 3y-9mo-3w-5d-8h-51m ago
Seafaring ranks as one of the toughest, most emotionally taxing jobs in global transportation. Saturday’s deadly pirate attack off Africa’s west coast is just the latest reminder — one that further compounds the toll from COVID and geopolitics, reports Freight waves. Attack on The Mozart Pirat....
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Published 3y-9mo-3w-5d-8h-53m ago
Maersk Tankers sold its 2008 built product tanker, the world’s first product tanker to test the use of wind propulsion technology, reports Splash 247. About the sold product tanker Rotor sails were installed onboard the vessel Maersk Pelican in 2018 and the company claimed that it showcased an 8.2....
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Published 3y-9mo-3w-5d-8h-53m ago
Shipping industry is abuzz with the Neptune Declaration signed by more than 300 firm amp 8217 s to help stranded seafarers and now shipping executives have voiced their opinion on it, says a Seatrade Maritime News report. The Call for Action Declaration On Tuesday 327 companies and organisations pu....
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Published 3y-9mo-3w-5d-9h-11m ago
According to a LoadStar report, the “madness” of ex Asia container rates is driving more un boxing of containerised cargo. And the resulting bounceback for breakbulk is providing a boon for secondary ports and shortsea shipping, reveals chartering specialist Ahlers. The New Horizon “New ....
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Published 3y-9mo-3w-5d-9h-28m ago
The latest report by the International Chamber of Commerce’s International Maritime Bureau IMB has shown that piracy in the Gulf of Guinea recorded the highest number of crew kidnapped in 2020, reports The Guardian. Deploying an effective military The report indicated that the Gulf of Guinea a....
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Published 3y-9mo-3w-5d-9h-38m ago
Leading Classification Society ClassNK has released “Guidelines for Remote Surveys Ver. 2.0” including a class notation requirement for the ship with advance preparation for remote surveys, says a press release published on their website. Use of digital technology ClassNK has been working on the....
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Published 3y-9mo-3w-5d-11h-16m ago
Oil prices will average just above $50/b in 2021, a more than 21% rise from 2020 amp 8217 s depressed level. This may be attributed to the rollout of vaccines, and fiscal stimulus programs will help the global economy post a stronger than expected recovery from the pandemic. The IMF now expects glo....
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Published 3y-9mo-3w-5d-13h ago
SM Line announces that it is preparing for an initial public offering IPO in the second half of the year. The shipping company has recently selected NH Investment amp 38 Securities as the lead manager. The company said it will invest the funds raised through the IPO in ships and container equip....
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Published 3y-9mo-3w-5d-13h-12m ago
Oldendorff Carriers OC sign a Joint Development Project JDP with Anemoi Marine Technologies Anemoi , LR and SDARI. The JDP is to develop a wind assisted propulsion solution for Dry Bulk Carriers. The project, scheduled for completion in 2022, breaks down significant barriers for the installatio....
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Published 3y-9mo-3w-5d-13h-44m ago
Pirates are stepping up attacks on ships in West Africa’s Gulf of Guinea, defying regional navies. On Saturday, pirates off Nigeria kidnapped 15 sailors from a Turkish container ship and killed one. Pirates in the Gulf of Guinea kidnapped 130 seafarers in 22 separate incidents last year, accountin....
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Published 3y-9mo-3w-5d-14h-21m ago
Infinium, an electrofuels solution provider, closed the funding bringing together a consortium of investors including Amazon’s Climate Pledge Fund, Mitsubishi Heavy Industries MHI , AP Ventures, Neuman amp 38 Esser, and the Grantham Environmental Trust, reports Bloomberg. The proceeds will be ....
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Published 3y-9mo-3w-5d-20h-9m ago
Indian majors have to balance between rising crude prices, muted demand and heavy central and state levies on retail prices, reports the Business Standard. Crude oil cuts When Saudi Arabia announced a crude oil production cut on January 5, it took the world of petroleum by surprise and created a deg....
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Published 3y-9mo-3w-5d-21h-31m ago
On Jan 27, HMM announced that it will deploy its first extra loader on the Korea Europe route on Jan 31 to help Korean companies ship their export products on schedule, says an article published in Business Korea. Extra Loader Deployments The shipping company has recently deployed its 9th extra load....
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Published 3y-9mo-3w-5d-23h-54m ago
Recently Platts spoke with Stuart McCall from Methanex about the prospect of methanol as a bunker fuel. Today we are going to take a look at that interview. Methanol Hurdle Methanol offers significant greenhouse gas savings as a bunker fuel but demand for its use in other sectors along with limits o....
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Published 3y-9mo-3w-6d-4h-35m ago
BIMCO has published a new standard time charter party for accommodation support vessels ASVTIME , reads the club amp 8217 s press release. Contract to meet oil and gas sector needs As highlighted in the club’s previous news item, ASVTIME aims to provide a suitable contracting framework for those....
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Published 3y-9mo-3w-6d-6h-40m ago
An Arctic cargo ship, Sparta III, violated safety rules and sailed into unsafe ice conditions. It took nearly four weeks, several icebreakers and rescue ships to escort it to safety, reports High North News. Today we are chronicling that dreadful incident to understand how unsafe ice conditions harm....
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Published 3y-9mo-3w-6d-9h-23m ago
Confined space entry is a matter of great discussion in the maritime industry as a number of lives are lost in these restricted areas. Marine Insight, in effort to provide guidance has published a pocket guide to Safe Confined Space Entry Onboard Ships. Here’s an excerpt from that guide. Enclosed ....
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Published 3y-9mo-3w-6d-10h-9m ago
amp 160 Unless you’re involved with international commerce in some way, you might not have heard that the cost of shipping goods out of China is absolutely soaring right now, says an article published in Bloomberg. What Happened Six months ago, the Shanghai Containerized Freight Index of spot ....
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Published 3y-9mo-3w-6d-10h-17m ago
The Isle of Man Ship Registry has officially launched its “Crew Matters” welfare app developed with training company Tapiit Live, says an article published in Seatrade Maritime News. Spotlight to Seafarers With the crew change crisis that left up to 400,000 seafarers stranded on vessels beyond t....
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Published 3y-9mo-3w-6d-12h-16m ago
Classification society ABS has granted approval in principle AIP to solid oxide fuel cell SOFC technology developed by South Korean shipbuilder Daewoo Shipbuilding amp 38 Marine Engineering DSME , reports Offshore Energy. Joint projects between ABS and DSME The granting of the AiP follows tw....
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Published 3y-9mo-3w-6d-19h-20m ago
A joint study is underway in Singapore to explore the potential for ammonia to be used as a marine fuel. ABS, Singapore’s NTU, and the ASTI are collaborating on a study on using ammonia as marine fuels in the port of Singapore. ABS, Nanyang Technological University NTU , Singapore, and the Ammoni....
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Published 3y-9mo-3w-6d-19h-54m ago
The International Chamber of Shipping ICS has published the latest Flag State Performance Table 2020/2021 which finds that many of the largest flag states – including the Marshall Islands, Hong Kong China , Singapore as well as the Bahamas and Cyprus– continue to perform to an exceptionally....
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Published 3y-9mo-3w-6d-20h-28m ago
Witherbys, the maritime publishing experts, has put cyber security, flexible access and increased data at the heart of its new ereader software, Witherby Connect. It allows seafarers to access the latest information and guidance instantly and easily. The software enables mariners to continue to refe....
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Published 3y-9mo-3w-6d-21h-12m ago
Four foreign flagged ships were detained in the United Kingdom in December for failing Port State Control inspections, according to the Maritime Coastguard Agency, says an article published in ship amp 38 bunker. What Happened Among a slew of defects found on the Ayress, ballast, fuel and other....
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Published 3y-9mo-4w-5h-20m ago
According to an article published in Yara Marine, the company started the Yara Marine X program in September last year and after months of search, they finally found a winner amongst the many applicants. CEO amp 8217 s Points “Phoenician Energy’s use of aluminum air battery technology for the m....
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Published 3y-9mo-4w-5h-49m ago
Traders swung back towards cautious optimism with regards to the impending U.S. economic stimulus package and supply concerns. It caused oil prices to rise about 1 percent amp 8211 however, the perpetual worry over government mandated lockdowns to combat rising Covid infections limited the ga....
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Published 3y-9mo-4w-12h-5m ago
The Singapore Shipping Association SSA clarifies doubts raised by bunker suppliers amp 38 surveyors regarding the latest Covid 19 measures introduced at Singapore port. The SSA says that several industry players believe the latest changes could adversely affect waterfront operations. Caroline Y....
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Published 3y-9mo-4w-12h-31m ago
Christian Ingvorsen is an oil expert and marine engineer in DESMI oil spill response. He gives a big picture view on oil spills and their impact on how governments and the private sector have learned to respond to them over five decades. Let us see the drastic improvements of oil spill response over....
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Published 3y-9mo-4w-12h-56m ago
Japan amp 8217 s 2021 crude oil imports seen falling 5 10%. US President Joe Biden amp 8217 s next steps on Iran, Venezuela sanctions in focus. JKM closes below $9/MMbtu as LNG cargo shortage eases. China amp 8217 s domestic thermal coal prices set to ease as demand slows. A recent news article p....
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Published 3y-9mo-4w-14h-10m ago
Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. Ikea’s Singapore operations called it a “global transport crisis” and estimates 850 of its 8,500 products are affected by shipment delays. Chinese....
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Published 3y-9mo-4w-14h-25m ago
A new time charter sanctions clause specifically designed for the container shipping sector has been published as a press release by BIMCO in their website. Clause Details The BIMCO Sanctions Clause for Container Vessel Time Charter Parties 2021 is part of an initiative to create a library of sancti....
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Published 3y-9mo-4w-22h-40m ago
Chemicals company BASF has commissioned Stolt Tankers to help design and build a new tanker that can operate at extreme low water levels in the river Rhine, reads the company news release. The ship will be built by Mercurius Shipping Group and after scheduled delivery in 2022, Stolt Tankers will ope....
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Published 3y-9mo-4w-1d-32m ago
Winter temperatures in North Asia fell to their lowest in decades in early January, sending fuel demand for heating and power generation through the roof, reports Platts. Fuel supplies in high demand A Platts infographics shows that the shortages sent countries scrambling to shore up supplies. Utili....
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Published 3y-9mo-4w-1d-1h-9m ago
According to an India Seatrade News article India amp 8217 s scope at Seatrade is ever increasing because of its geographical advantage of lying close to the sea but the competition from other Seatrade hubs dampens its spirits. However, that is altering with time. Let amp 8217 s check out how. Ind....
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Published 3y-9mo-4w-1d-4h-53m ago
The Panama Canal has signed memorandums of Understanding with Panama Ports Company PPC and PSA Panama International Terminal PSA Panama to help optimize supply routes for the distribution of the COVID 19 vaccine and supplies to Latin America, says an article published on PanCanal. About the Agre....
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Published 3y-9mo-4w-1d-5h-51m ago
The Baltic Briefing has issued the tanker report for the 3rd week of this year. The report dated 22nd January 2021 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities. VLCC The market weakened even further this week with rates dropping and the....
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Published 3y-9mo-4w-1d-8h-24m ago
Refiners using offsets from renewable fuels. The switch to renewables using carbon capture programs comes from companies like Valero, ExxonMobil, Chevron Emissions per barrel of crude processed to drop further Increased use of solar, wind and cogeneration power Now refiners are making the big switch....
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Published 3y-9mo-4w-1d-9h-29m ago
The seaports are important avenues when it comes to cyber security risks and the last year targeting of IMO and several other shipping companies websites underline how crucial the upcoming IMO cyber guidelines. Keeping that in mind, the Maritime Executive has analysed the new guidelines and what it ....
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Published 3y-9mo-4w-1d-9h-45m ago
The technology group Wärtsilä has signed a five year extension to its Optimised Maintenance agreement with Golar Management Norway. The operator and manager of a fleet of LNG Carrier and Floating Storage and Regasification Unit FSRU vessels. The agreement covers a total of 16 ship installations....
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Published 3y-9mo-4w-1d-10h-23m ago
The technology group Wärtsilä has signed a five year extension to its Optimised Maintenance agreement with Golar Management Norway. The operator and manager of a fleet of LNG Carrier and Floating Storage and Regasification Unit FSRU vessels. The agreement covers a total of 16 ship installations....
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Published 3y-9mo-4w-1d-10h-23m ago
DNV GL has awarded an Approval in Principle AIP to Korea Shipbuilding and Offshore Engineering KSOE for a wing sail auxiliary propulsion system for ships – the result of a joint research project between KSOE and SK Shipping, says an article published in Marine Insight. Virtual Award Ceremony T....
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Published 3y-9mo-4w-1d-10h-51m ago
Dallas based Energy Transfer LP announced the first Very Large Ethane Carrier VLEC , has been loaded under its previously announced joint venture with Satellite Petrochemical USA Corp., says an article published in Marine Insight. Maiden Voyage The Seri Everest, the world’s largest VLEC, departed....
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Published 3y-9mo-4w-1d-11h-25m ago
The Baltic Briefing has released a report about the dry bulk market for the 3rd week of shipping activities of this year. The report dated 22nd January highlights the dry bulk market conditions at the on sight of the 3rd week. Capesize The Capesize market rocked and rolled these past few days. But ....
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Published 3y-9mo-4w-1d-12h-9m ago
Corpus December exports at 1.9 million b/d. Corpus export activity around 4.41 million b/d end 2020. Houston exported 685,250 b/d in December. The Port of Corpus Christi ended 2020 with record tonnage, mainly due to a 65% increase in crude oil shipments from the previous year, reports Platts. New qu....
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Published 3y-9mo-4w-1d-20h-12m ago
In response to the IMO amp 8217 s cyber security requirements, the International Maritime Security Associates IMSA has developed a suite of cyber security tools and services for the maritime industry, reports Superyacht News. Remote assessment tool The company has recently launched the capability....
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Published 3y-9mo-4w-1d-21h-26m ago
MSC has been awarded the Maritime Sustainability Passport certificate and seal by the North American Marine Environment Protection Association NAMEPA , recognising the company’s responsible business operations and approach to sustainability, the company said in its release. Maritime Sustainabilit....
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Published 3y-9mo-4w-1d-22h ago
Transport Malta amp 8217 s MSIU issued an investigation report on two man overboard from the bulk carrier MV Stara Planina, in January 2020. The two crew members were lost overboard when unexpected waves washed over the poop deck, as they were not secured to the vessel. The incident On 02 January 2....
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Published 3y-9mo-4w-1d-22h-19m ago
Technology group Wärtsilä has signed a framework agreement with Carnival Corporation, the global cruise ship operator, covering the supply and installation of Wärtsilä’s advanced wastewater and dry waste treatment systems for up to 32 vessels across many of its operating brands, says an articl....
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Published 3y-9mo-4w-2d-5h-6m ago
A new research effort, which is focusing on combining emerging technologies to promote low carbon shipping, will test its technologies on in service vessels, reports The Marine Executive. The CHEK project The project, which is named CHEK deCarbonizing sHipping by Enabling Key technology symbiosis....
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Published 3y-9mo-4w-2d-8h-35m ago
The World Bunker Index MABUX displayed irregular fluctuations over a week due to COVID 19 pandemic’s spread related worries. Border closures amp 38 shutdowns continue to constrain fuel demand. 380 HSFO index fell from 367.25 USD/MT to 365.95 USD/ MT 1.30 USD , VLSFO added 1.00 USD: from 461....
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Published 3y-9mo-4w-2d-10h-5m ago
Havyard Group ASA along with a European player partners in order to develop hydrogen zero emission vessels, says a press release published on their website. Climate goal target Europe is devoting extensive resources to achieving the climate goals, and the maritime industry is part of the solution. H....
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Published 3y-9mo-4w-2d-11h-15m ago
An electrical shock is the worst of all kinds of accidents on board ships. Author Anish lists out precautionary steps to minimize such on board risks for an article published in MarineInsight. Reason for an electrical shock Electrical wires and connections are present everywhere on ships and it is i....
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Published 3y-9mo-4w-2d-11h-41m ago
The founder of start up Houseof.com, which imports lighting from China, says the rise in shipping costs means she amp 8217 s making a loss on what she sells. The six fold increase in shipping costs is hard to take, especially when getting hold of a container amp 8220 is like gold dust amp 8221 .....
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Published 3y-9mo-4w-2d-14h-50m ago
According to an article published in Shipping Insight, two separate and unconnected events took place might have a disconcerting message for ship operators who may have far more on their mind than preparing for a future that is still shrouded in fog. First Event At an ICS webinar, Graham Westgarth t....
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Published 3y-9mo-4w-2d-22h-24m ago
According to an article published in Shipping Insight, two separate and unconnected events took place might have a disconcerting message for ship operators who may have far more on their mind than preparing for a future that is still shrouded in fog. First Event At an ICS webinar, Graham Westgarth t....
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Published 3y-9mo-4w-2d-22h-24m ago
A new configuration of DESMI Ocean Guard’s CompactClean BWMS has been approved by both the US Coast Guard and the Danish Maritime Authority. CompactClean Bulker is designed for higher flow rates during deballasting, solving one of the main operational issues faced by bulk carriers. DESMI Ocean Gua....
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Published 3y-10mo-59m ago
TFG Marine Pte Ltd will start bunkering operations at the Falmouth Anchorage, off the South West Coast of the United Kingdom. TFG Marine will provide bunker operations from this month with two SIRE inspected barges and plans to add further barges to this operation over time. The agreement will allow....
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Published 3y-10mo-1h-41m ago
The Maersk Mc Kinney Møller Center for Zero Carbon Shipping has posted a job advertisement for a chief economist in Copenhagen, reports Ship amp 38 Bunker. Shipping decarbonization The Maersk Mc Kinney Møller Center is a non profit independent research centre, working across the whole of shippi....
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Published 3y-10mo-1h-58m ago
The amp 8220 International Maritime Organization IMO 2020 and its impact on Oil and Gas Industry amp 8211 Thematic Research amp 8221 report has been added to Research And Markets website offering, says an article published in finance. IMO 2020 The International Maritime Organization IMO i....
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Published 3y-10mo-2h-14m ago
OOCL enjoys rich profits following a demand spike despite pandemic. OOCL’s liftings improved by an above market 7.3% on 2019 with revenue gaining 18.9% on the year. Tradelanes also record substantial gains and no end in sight to the bull run of container lines. A strong Q4 2020 operational update ....
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Published 3y-10mo-2h-19m ago
Forbidden fruit! Police seize nearly a TON of cocaine with £76million street value hidden in shipment of bananas at Southampton port, reports Daily Mail. Seized Drugs Cocaine with a street value of £76 million has been seized after being found in a shipment of bananas at Southampton. The class A d....
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Published 3y-10mo-1d-9h-52m ago
amp 160 As expected, Wednesday amp 8217 s inauguration of Joe Biden as president of the U.S. had a beneficial effect on oil but the gains were minimal, says an article published in ship amp 38 bunker. Experts Comments John Kilduff Still, the analytical community was buoyant over the change i....
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Published 3y-10mo-1d-10h-2m ago
Maritime body MUI demands announcement of a support fund for seafarers in the forthcoming Budget. Maritime Union of India MUI is the country amp 8221 s oldest union of merchant navy officers. It has urged the government to allocate substantial corpus towards creation of a amp 8216 seafarers sup....
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Published 3y-10mo-1d-14h-2m ago
Royal Caribbean Group continues to focus on the healthy and safe return to cruising for guests, crew, and the communities we visit, says an article published in Marine Insight. Sailings Suspensions As the Royal Caribbean Group work closely with the U.S. Centers for Disease Control and Prevention and....
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Published 3y-10mo-2d-1h-38m ago
Royal Caribbean Group continues to focus on the healthy and safe return to cruising for guests, crew, and the communities we visit, says an article published in Marine Insight. Sailings Suspensions As the Royal Caribbean Group work closely with the U.S. Centers for Disease Control and Prevention and....
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Published 3y-10mo-2d-1h-38m ago
Dutch ship designer and builder Holland Shipyards Group has secured a contract to build three additional hybrid ferries for towing and ferry company Schlepp und Fährgesellschaft Kiel SFK , reads the company news release. Hybrid drivetrain system The contract follows the delivery of hybrid ferry G....
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Published 3y-10mo-2d-4h-45m ago
A targeted dry bulk shipping exchange traded fund has rallied in the new year, breaking from traditionally weak seasonal trends. Among the best performing non leveraged ETFs of Friday, the Breakwave Dry Bulk Shipping ETF NYSEArca: BDRY jumped 6.9%. BDRY has already surged 36.0% so far in 2021. A....
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Published 3y-10mo-2d-5h-9m ago
China’s Ministry for Commerce is again looking to step in to stabilise the container shipping market. Media speculation indicates that shipping lines could be called to a series of meetings to discuss the container shortage and high rates. Ministry is in talks with the ministry of transport and ot....
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Published 3y-10mo-2d-9h-33m ago
The UK travel company Saga Cruises has become the first cruise line to announce that it is requiring all passengers to be vaccinated for COVID 19 to sail on its cruise ships, says an article published in The maritime executive. Saga’s announcement While there have been rumors that the cruise indus....
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Published 3y-10mo-2d-10h-14m ago
A recent article published on BIMCO website says transparency and dialogue between owners amp 38 charterers is the key to crew change challenge. Freedom of contract Shipping is essentially a marriage between the commercial interests of charterers who hire ships to transport cargoes, and shipowner....
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Published 3y-10mo-2d-10h-42m ago
Container cargo rollovers at the world’s top 20 ports in jumped 75% in December 2020 compared to the previous month as lines struggle with a huge surge in volumes and equipment shortages, according to analysts Ocean Insights, reports Seatrade Maritime News. Rollover rates Average rollover rates at....
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Published 3y-10mo-2d-11h-17m ago
Since the start of the pandemic, crew wellness has topped the industry agenda with international shipping bodies, unions and associations vowing for a fairer treatment of seafarers, reports Safety4Sea. What actions has the industry taken to resolve this humanitarian crisis While crews remain trappe....
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Published 3y-10mo-2d-11h-37m ago
amp 160 U.S. crude oil exports have maintained high levels despite reductions in domestic supply and international demand for crude. Kpler points out that amp 8216 2020 US shale grades departures increased 11.9% compared to a year ago in spite of decreased global demand. amp 8217 Barring unf....
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Published 3y-10mo-2d-13h-1m ago
Saudi Arabia’s oil production cuts have hit the tanker market so hard that owners of the biggest vessels effectively subsidize cargo deliveries on the industry’s main trade route. Supertankers delivering 2 million barrel shipments of the kingdom’s oil to China are losing $736 a day for the pri....
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Published 3y-10mo-2d-13h-23m ago
A wind energy project for ships has taken a step forward as the technology is to be installed on a Kamsarmax dry bulk carrier, reports Ship amp 38 Bunker. Rigid wind sails Commodities trader Cargill formed a partnership with Bar Technologies and Deltamarin to develop the rigid wind sails that are....
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Published 3y-10mo-2d-19h-33m ago
Safety4sea reports about a series of infographics highlighting the safety risks onboard RO RO vessels amp 38 PCTC carriers. The infographics were first published by Steamship Mutual Club. Proper access of RO RO spaces In the infographic, the club focuses on how to properly access RO RO spaces and....
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Published 3y-10mo-2d-20h ago
The Maritime and Port Authority of Singapore MPA Singapore issued an update concerning the requirements on crew change for cargo ships in the port of Singapore. Crew change requirements MPA Singapore will keep in mind the following: crew whose employment contract has expired additional crew on bo....
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Published 3y-10mo-2d-20h-20m ago
Mediterranean Shipping Company MSC has joined the Hydrogen Council, a global industry body, as a steering member to foster cross sector collaboration that will accelerate R amp 38 D related to clean hydrogen derived fuels and solutions, says an article published in Logistics Update Africa. The In....
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Published 3y-10mo-2d-22h-40m ago
BIMCO says the year 2021 has started strongly for the capesize market with 1,427 journeys completed or underway in the first 20 days of the year, a 10.4% increase compared to the same period last year, according to figures from VesselsValue. This counter seasonal upswing stands in contrast to the de....
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Published 3y-10mo-2d-22h-54m ago
The maritime industry has taken a further step into online and blended training with the appointment of Andrea Lodolo as the new CEO of Seably – the marketplace for maritime training, reports the Maritime Executive. The online platform has already reached more than 20,000 maritime professionals. A....
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Published 3y-10mo-3d-8h-19m ago
According to a World Maritime University report focusing on the experiences of seafarers during the COVID 19 pandemic, addressing the challenges they face and identifying factors that may mitigate the negative impact of the pandemic is crucial as there are severe shortfalls and challenges to seafare....
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Published 3y-10mo-3d-8h-25m ago
Abandonment of seafarers is on the rise this year, exacerbated by the pandemic, with reported cases at a record high of more than double the 2019 levels, reports the Lloyd amp 8217 s List Highest Abandonment This year, 76 cases have been recorded, involving more than 1,000 seafarers, data shows. ....
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Published 3y-10mo-3d-9h-3m ago
The Organization for Economic Cooperation and Development recently released a blueprint for an internationally coordinated minimum tax for multinational enterprises. It aims at reaching a global agreement on this in 2021. It is not certain that any agreement would cover global shipping. The plan wou....
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Published 3y-10mo-3d-9h-14m ago
The absence of open containerships on the charter market has resulted in carriers being forced to conclude fixtures months into the future, says an article published in The loadstar. Long bull run for the liner industry Moreover, the duration of time charters has lengthened considerably, it is becom....
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Published 3y-10mo-3d-9h-17m ago
According to a W K Webster and Co Ltd post, a mega containership lost up to 750 containers in the Pacific Ocean. What happened It has been reported that a containership lost a very significant number of containers overboard in the Pacific Ocean on 16 January 2021. The incident occurred on passage....
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Published 3y-10mo-3d-10h-44m ago
An ABS classed Suezmax tanker ordered by Avin International LTD, the first vessel of a potential order of three vessels, is to be the first ammonia fuel ready vessel in the world, says an article published in Seanews. The Vessel The landmark 274 meter long vessel, hull number 0315852, is now under c....
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Published 3y-10mo-3d-16h-29m ago
An article in Safety4sea explains the importance of bulbous bows in ships. What is a bulbous bow The metal in front of the ship is called the bulbous bow. The name origin is simple, as this structure generally resembles the shape of the bulb, and is always placed at the bow of the ship. Hence, bul....
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Published 3y-10mo-3d-20h-31m ago
Container freight demand to escalate throughout the Lunar New Year. A delay in the return of containers to dockside in the US and Europe in Q2 2020 led to equipment shortages. The global economy is expected to recover amid the COVID vaccine administration. Demand for container freight looks set to r....
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Published 3y-10mo-3d-21h-15m ago
According to an article published in Sea4sea, the following several months of restricted crew mobility which has left thousands of seafarers stranded onboard ships beyond contract limits, the crew change issue is now becoming more complicated with much of the world locking down again in light of the....
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Published 3y-10mo-4d-53m ago
Crew changes are once more becoming difficult as much of the world locks down again following the emergence of several new and more transmissible variants of Covid 19, reports Safety4sea. Crew Transitions With travel corridors being closed and new travel restrictions imposed, airlines are once again....
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Published 3y-10mo-4d-53m ago
China amp 8217 s 2020 new shipbuilding orders exceeded those of South Korea and returned the country to the No.1 spot after two years, CCTV reported on Sunday, says an article published on Global Times. Data From MIIT According to data released by the Ministry of Industry and Information Technology....
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Published 3y-10mo-4d-8h-12m ago
According to a LoadStar report written by Mike Wackett, there are signs that spot rates from Asia to Europe might be beginning to cool at last. Today’s Shanghai Containerized Freight Index SCFI comprehensive index inched up just half a percentage point this week to 2,885, which is 190% higher th....
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Published 3y-10mo-4d-9h-38m ago
Last year amp 8217 s fall for Panama bunker volumes was the sharpest in at least a decade. A sharp decline at the end of the year took Panama amp 8216 s 2020 bunker volumes to the biggest annual drop on record. Total volumes for December saw a 19.8% decline from the same month a year earlie....
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Published 3y-10mo-4d-9h-48m ago
The world’s biggest shipping company demanded a more effective military response to surging pirate attacks and record kidnappings off the coast of West Africa. The number of attacks on vessels globally jumped 20% last year to 195, with 135 crew kidnapped, the International Maritime Bureau’s Pira....
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Published 3y-10mo-4d-9h-56m ago
Despite a massive drop in premium earnings for ships fitted with scrubbers during 2020, the scope for scrubber cancellations has been limited. This can be attributed to contractual obligations with shipyards and scrubber manufacturers, Gibson Shipbrokers said in its latest weekly report. This might ....
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Published 3y-10mo-4d-10h-10m ago
Reducing methane emissions from oil and gas operations is among the most cost effective and impactful actions that governments can take to achieve global climate goals, said the International Energy Agency IEA in a new report, says an article published on Safety4Sea. Methane Although methane has a....
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Published 3y-10mo-4d-10h-56m ago
Dutch scrubber manufacturer Value Maritime intends to accelerate the installation of clean exhaust filters on ships. It has teamed with Yard Energy, a private investor in onshore wind and clean energy projects. Yard Energy will assist Value Maritime in speeding up growth, with capital and specialist....
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Published 3y-10mo-4d-10h-57m ago
The Greek government is prompting a new package of measures to stop amp 8216 leakage amp 8217 of ships and tonnage and to strengthen the competitiveness of the Greek seafarers, reports Safety4Sea. Steps to modernise institutional framework According to the Greek Shipping Ministry, the governme....
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Published 3y-10mo-4d-11h-38m ago
Royal Dutch Shell joined forces with the International Transport Forum’s ITF Corporate Partnership Board to work on sustainability, decarbonization, innovative mobility and workforce diversity within the shipping industry, says an article published in Sea4sea. Working towards Greener Industry Ac....
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Published 3y-10mo-5d-6m ago
Royal Dutch Shell joined forces with the International Transport Forum’s ITF Corporate Partnership Board to work on sustainability, decarbonization, innovative mobility and workforce diversity within the shipping industry, says an article published in Sea4sea. Working towards Greener Industry Ac....
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Published 3y-10mo-5d-6m ago
A group of 85 institutional investors representing over $2 trillion in assets, joined forces calling on the United Nations to take further action to address the ongoing humanitarian crisis for seafarers brought on by the global restrictions enacted to control the coronavirus, reports the Maritime Ex....
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Published 3y-10mo-5d-31m ago
In the latest version of safety events, IMCA has described a case where a crewmember broke his finger during ROV maintenance. The incident A worker broke his finger whilst working on an ROV. The incident occurred during ROV maintenance when he was single handedly removing a bumper bar located above ....
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Published 3y-10mo-5d-1h-32m ago
Chevron Marine Lubricants, in their press release, sum up how they helped their customers identify and manage a distinctive engine condition challenge associated with the widespread switch to low sulphur fuels. Scuffing due to fuel switch Some ship owners using very low sulphur fuel oil VLSFO have....
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Published 3y-10mo-5d-1h-53m ago
Marine fuel traders in the Middle East amp 8217 s main bunkering centre — Fujairah in the UAE — are uncertain about a demand boost. This mainly due to the UAE amp 8217 s decision last week to open sea, land and air borders with Qatar. Vessels of state owned Qatargas were major buyers of bunker....
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Published 3y-10mo-5d-2h-36m ago
Total bunker sales in Singapore for 2020 rose 5% year on year to 49.83 million mt. 13 by Singapore amp 8217 s Maritime and Port Authority showed. This represents the second highest volume of sales that the world amp 8217 s largest bunkering destination has notched up since 2017, when sales posted ....
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Published 3y-10mo-5d-2h-54m ago
Proper ventilation is essential to preventing damage to the cargo and to ensure the safety of the crew and vessel in bulk carriers. To provide ship’s masters and crew with an understanding of different ventilation requirements for bulk cargoes, INTERCARGO, The Standard Club and DNV GL, the world....
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Published 3y-10mo-5d-4h-43m ago
Regulators should adopt common format for eBOLs, says an article published on Freight Waves. The Digital Container Shipping Association The Digital Container Shipping Association DCSA , a nonprofit formed in 2019, has been at the forefront of helping the ocean vessel sector pivot from paper to digi....
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Published 3y-10mo-5d-4h-43m ago
According to a recent Reuters report, China and Hong Kong shares climbed on Monday, as investors cheered better than expected gross domestic product data GDP pointing to a solid recovery in the world’s second largest economy. The CSI300 index rose 0.8% to 5,504.17 by the end of the morning sessi....
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Published 3y-10mo-5d-9h-13m ago
2020 has put maritime organisations in the firing line for cyber attacks, and they can no longer afford to bury their head in the sand and to counter this Lloyd amp 8217 s Register spoke to Nettitude’s Tim Percival who discusses what actions needs to be taken to stay ahead of this rising tide in ....
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Published 3y-10mo-5d-9h-40m ago
Joining global shipping giants like NYK and CMA CGM, number two ocean carrier MSC has recently joined the Hydrogen Council. MSC joined as a steering member, vowing to accelerate R amp 38 D on clean hydrogen derived fuels, says an article published in The maritime executive. Other big names that are....
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Published 3y-10mo-5d-10h-21m ago
According to Turkish authorities, a cargo ship sank off Turkey amp 8217 s Black Sea coast leaving at least 3 people dead, reports ABCNews. What happened A cargo ship sank off Turkey amp 8217 s Black Sea coast on Sunday, leaving at least three people dead and six others were rescued. The transport....
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Published 3y-10mo-5d-11h-30m ago
As piracy remains a hot topic of discussion and a challenging issue for the shipping industry, ReCAAP ISC launches its annual report for 2020. It reports 97 incidents in Asia, which reveals a 17% increase year on year. According to the report, there was an increase of piracy incidents the year that ....
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Published 3y-10mo-5d-11h-33m ago
A need to draw a distinction in the IMSBC Code between bauxite cargoes that liquefy, those that do not, led to the development of a new cargo schedule for bauxite fines in the Code. January 2015, the vessel BULK JUPITER, carrying bauxite, sank off Vietnam taking the lives of 18 seafarers. At that ti....
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Published 3y-10mo-5d-13h-46m ago
The leading international catering manager and training provider MCTC suggests that, effective training programmes are the key to help ship operators and owners to generate cost efficiencies within their business, says an article published in Ship Insight. Quality Training The company which offers c....
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Published 3y-10mo-5d-23h-32m ago
The leading international catering manager and training provider MCTC suggests that, Effective training programmes are the key to help ship operators and owners to generate cost efficiencies within their business, says an article published in Ship Insight. Quality Training The company which offers c....
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Published 3y-10mo-5d-23h-32m ago
The new M 10 Marine Highway Jones Act service gives the South Florida market ready shipping access to Puerto Rico. The new service avoids trunk road shipments over Jaxport, and offers an alternative to trucking between South Florida and Houston. Port Everglades has welcomed the first cargo ship to....
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Published 3y-10mo-6d-2h-49m ago
INTERTANKO has recently updated its recommendatory guidance, Crew Welfare Management and Mental Wellness, reports the American Club. Guidance to deal with stress The updated guidance includes advice on helping seafarers to deal with emotional stress and overcome negative feelings. Additional guidanc....
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Published 3y-10mo-6d-3h-20m ago
The Port of Singapore has performed well despite the challenges posed by the global coronavirus pandemic, and is on track to achieve its targets around maritime decarbonization while also promoting digitalization and enhancing inter modal connectivity, Chee Hong Tat, Senior Minister of State, Mini....
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Published 3y-10mo-6d-6h-51m ago
Leading Classification Society ClassNK certified “Kawasaki Integrated Maritime Solutions”. It is jointly developed by Kawasaki Kisen Kaisha, Ltd. “K” LINE and Kawasaki Heavy Industries Group. Also its first Innovation Endorsement*1 for Products amp 38 Solutions, the Society’s new cert....
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Published 3y-10mo-6d-7h-3m ago
US based ocean science nonprofit Global Oceans, has acquired, via a donation from Oceaneering, three deep sea exploration vehicles rated to 6000 meters of operational depth, reports Offshore Engineer. About the donation The donation includes the Magellan 725 ROV, the Ocean Discovery ROV, and the O....
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Published 3y-10mo-6d-8h-54m ago
According to a LoadStar article by Mike Wackett, carriers are imposing booking stops around Europe, as well as tightening the time allowed to pick up equipment prior to vessel departure dates. The moves come as exporters from North Europe to Asia continue to struggle to secure equipment and vessel s....
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Published 3y-10mo-6d-9h-35m ago
Demand for ocean shipping services is likely to remain unusually high. Supply will remain tight for some time as shippers and carriers adapt to shifts in supply chains driven by the coronavirus pandemic. Manufacturers have boosted output as their customers in the rest of the world rebuild inventorie....
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Published 3y-10mo-6d-9h-46m ago
According to a LoadStar article written by Mike Wackett, major forwarders are engaged in fierce bidding wars in China, in order to secure equipment and space to North Europe. And several carriers are reported to have opened first and second round tenders with the highest bidders for guaranteed ship....
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Published 3y-10mo-6d-10h-7m ago
Scorpio Tankers Inc. announced today that it has received a commitment to sell and leaseback three MR product tankers. The three tankers are STI Memphis, STI Soho, and STI Osceola and one LR2 product tanker STI Lombard to AVIC International Leasing Co., Ltd. Upon completion. The Company’s li....
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Published 3y-10mo-6d-10h-32m ago
A.P. Moller Maersk, an integrated container logistics company and The Ocean Cleanup comes into a new 3 year partnership as extending their relationship, says a press release published on their website. Extended Support Besides Maersk Supply Service support with vessel operations and offshore projec....
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Published 3y-10mo-6d-12h-24m ago
The Congestion delaying LNG shipments through Panama Canal is expected to last through the peak demand winter months, although the canal’s regulator said that the traders close to the situation had made changes to speed up transit, reports Reuters. High price rates The price of liquefied natural g....
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Published 3y-10mo-6d-13h-7m ago
Singapore amp 8217 s residual fuel oil inventories slipped 0.1 per cent in the week to June 24, inching away from a more than three year high hit the week before. Singapore’s residual fuel oil inventories fell 1% in the week ended Jan. 13, reflecting a slight decrease in net import volumes and st....
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Published 3y-10mo-6d-21h-40m ago
A new Global Maritime Forum task force to tackle the ongoing crewing crisis has secured Euronav as a signatory, reports Lloyd amp 8217 s List. Neptune Declaration on Seafarer Wellbeing and Crew Change Euronav has become a signatory to the Neptune Declaration on Seafarer Wellbeing and Crew Change, w....
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Published 3y-10mo-6d-22h-41m ago
Global energy major Shell has been named as Singapore amp 8217 s top bunker supplier by volume in 2020. The demise of Hin Leong subsidiary Ocean Bunkering Services appearing to benefit a number of the largest global oil firms. Shell’s Singapore bunkering unit, Shell Eastern Trading Pte Ltd, becam....
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Published 3y-10mo-6d-22h-58m ago
Maersk has denied that a communication failure today was a new cyber attack. The employees are experiencing issues with logging on to the central IT network and the service centers. The provider believes they have identified and fixed the issue and, currently recovering globally. Maersk has denied t....
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Published 3y-10mo-6d-23h-15m ago
Live Piracy amp 38 Armed Robbery Report 2021 published on icc ccs website. Pointe Noire North Anchorage, The Congo Date and time Incident Received by PRC : 2021 01 04 Attack Number: 001 21 Type of Attack : Boarded Type of Vessel : Container Attack Posn Map : Location detail: Pointe Noire North An....
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Published 3y-10mo-1w-1d-10h-23m ago
According to Clasrksons, scrapping activity to be driven this year by the accelerating ‘green transition’, says an article published in Splash 247. Jumping prices A busy start to the year, led principally by eager Bangladeshi yards, has seen prices jump above $450 per ldt with many owners now ac....
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Published 3y-10mo-1w-1d-10h-49m ago
It took a year to plan, but the salvage efforts started in earnest in November 2020. The first massive chunk was cut off of the ship and schlepped to shore, but it took until January 2 to get the stern separated and removed as operations continue. The crew is preparing to slice the next section am....
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Published 3y-10mo-1w-1d-23h-9m ago
In the last 50 days, three luxury liners have queued up at Alang to be broken, reports The Indian Express. Alang Shipbreaking Yard The Alang Shipbreaking Yard in Bhavnagar district of Gujarat is often seen a mirror of the global economy. When the economy is robust and ships sail, the yard sees a slu....
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Published 3y-10mo-1w-2d-4h-28m ago
Kroll Bond Rating Agency KBRA continues to engage with its rated issuers in the shipping space as the industry rides the waves of COVID 19, reports Business Wire. Growth in demand Despite the impact of the pandemic on the general economy, KBRA notes a favorable trend for the container shipping....
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Published 3y-10mo-1w-2d-4h-44m ago
IAPH signs an agreement with the Rotterdam based Green Award Foundation to administer and expand the formula based Environmental Ship Index ESI . It allows port authorities and maritime administrations to reward vessels for improved energy efficiency and reduced emissions. The agreement is to take ....
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Published 3y-10mo-1w-2d-8h-53m ago
Ocean Network Express ONE is pleased to announce two new direct services from North Europe to the East Med Levant and Marmara regions. The North Europe East Mediterranean Express NEX and North Europe Turkey Express NTX , is the first direct services between two regions in ONE’s network. The n....
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Published 3y-10mo-1w-2d-9h-32m ago
According to a Reuters report, Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, industry sources said. More Attacks Likely in the Future The possibility of more attacks on comme....
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Published 3y-10mo-1w-2d-9h-41m ago
Overall, total tonnes transported by the dry bulk shipping industry fell by 1.3% to 5.49 billion tonnes, from 5.56b in 2019. It is however still higher than the 5.46b tonnes shipped in 2018. China cements its position as the dominant player in dry bulk shipping with its imports now accounting for ju....
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Published 3y-10mo-1w-2d-10h-22m ago
With little excess shipping capacity amid high demand, there is scant relief on the horizon in congested supply chains, reports the Wall Street Journal. Demand to stay at the top Demand for ocean shipping services is likely to remain unusually high and supply will remain tight for some time as shipp....
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Published 3y-10mo-1w-2d-18h-39m ago
Dryad and cyber partners RedSkyAlliance monitor attempted attacks within the maritime sector, reports Safety4sea. They examine how email is used to deceive the recipient and potentially expose the target organizations. The following update regards the first week of January 2021. Users enticed using ....
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Published 3y-10mo-1w-2d-19h-2m ago
Supply chains are getting hit again by curbs to control virus. Chinese new year holidays, strong demand adding to the crunch. Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade led recovery just as soaring freight ....
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Published 3y-10mo-1w-2d-20h-28m ago
The SC Connector arrived at Matrans Rotterdam Terminal in Eemhaven on Tuesday, 12 January, at 7:00 am, reads a press release by Port of Rotterdam. Modern sailing ship Last year, this vessel from shipping company Sea Cargo was converted into a modern sailing ship. On behalf of Sea Cargo, it is deploy....
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Published 3y-10mo-1w-2d-21h-7m ago
French energy company Total amp 8217 s acquisition of a major biogas producer in the country will help boost its ability to supply bio LNG as a marine fuel, reports Ship amp 38 Bunker. LNG for maritime decarbonization On Monday, Total announced the acquisition of Fonroche Biogaz, the largest pro....
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Published 3y-10mo-1w-2d-21h-24m ago
After the rapid growth in scrubber installations in the years before 2020, the industry providing repairs to the emissions cleaning systems is starting to expand. US based Logan Industries announced this week that it would now offer scrubber overboard pipe repairs from its facility in Hempstead,....
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Published 3y-10mo-1w-3d-4h-53m ago
A new agreement between ABB Turbocharging, HGS and Hyundai Heavy Industries’ Engine amp 38 Machinery Division HHI EMD has established a ‘total service solution’. The main purpose of this total service solution is for ABB and Hyundai customers, delivering optimal efficiency and emissions p....
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Published 3y-10mo-1w-3d-5h-3m ago
Gard explores the modern day training regime of seafarers with Oliver Bailey, a 25 year old on his way to be a Deck Officer. Let amp 8217 s take a look at his insights of seafarers amp 8217 training. For what could be better than knowing it from a seafarer himself. The Life At Sea For the pas....
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Published 3y-10mo-1w-3d-9h-26m ago
Shipping lines are facing increasingly angry customers as rates continue to soar and service levels plunge. Many are noting their frustrations on LinkedIn as the debate over whether carriers are profiteering rumbles on, reports the LoadStar. Is Reliability A Thing Of the Past In one typical example....
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Published 3y-10mo-1w-3d-9h-46m ago
Scorpio Bulkers has sold an ultramax bulk carrier to an an unaffiliated third party, says a press release published on their website. The Vessel value Scorpio has sold the 2017 built ultramax SBI Libra, which has been on long term charter from Ocean Yield, to an unnamed third party with delivery sc....
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Published 3y-10mo-1w-3d-10h-2m ago
This circular outlines the amendments to the Rules for P amp 38 I and Defence cover for ships and other floating structures “Rules for Ships” and the Rules for P amp 38 I and Defence cover for mobile offshore units “Rules for MOUs” for both Assuranceforeningen Gard – gjensidig – an....
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Published 3y-10mo-1w-3d-10h-8m ago
Throughout history ship design has been dictated by the demands of trade and local conditions and available materials. Wood and sail have been the dominant choices through most of history until the 19th century when iron and steel replaced wood and mechanical power began to displace sail. There are ....
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Published 3y-10mo-1w-3d-12h-59m ago
Emissions enforcement lobbying group the Trident Alliance was wound up at the end of 2020, a year after the 0.50% sulfur limit came into force. The organisation was wound up and its website shut down at the end of last year, Roger Strevens, formerly chairman of the Trident Alliance, has confirm....
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Published 3y-10mo-1w-3d-13h-30m ago
An initiative aiming to help track and reduce shipping amp 8217 s carbon emissions is among five projects recently awarded U.K. government funding through the country amp 8217 s Space Agency, reports Marine Link. Emission audits of shipping fleets The collaboration between Redshift Associates Ltd ....
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Published 3y-10mo-1w-4d-3m ago
Insurance broker Aon has launched a new policy aimed at sectors for which fuel purchasing constitutes a significant cost, with major interest expected to come from shipping. The new policy enables to lock in an agreed price limit for bunker purchases and which will pay out on a monthly basis if th....
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Published 3y-10mo-1w-4d-23m ago
The Hapag Lloyd owned 15,000 TEU container ship, Sajir, is currently being upgraded to run on LNG liquefied natural gas instead of fuel oil. It is the first retrofit of this scale, reports Cyprus Shipping News. Singapore’s first LNG bunkering vessel According to the industry publication Ship am....
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Published 3y-10mo-1w-4d-4h-28m ago
There are few Asian shipping companies and operators working on the Northern Sea Route compared to the number of European companies. Much more frequent voyages are also taking place between the NSR and European ports than ports in the Asian Pacific region, a new study by senior researcher Björn Gun....
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Published 3y-10mo-1w-4d-8h-51m ago
According to a Reuters report, oil prices steadied on Monday after strong gains last week, as tough coronavirus lockdowns around the world renewed concerns about global fuel demand, while a stronger U.S. dollar also weighed on prices. Brent fell 33 cents to settle at $55.66 a barrel, after bouncing ....
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Published 3y-10mo-1w-4d-9h-37m ago
Q4 2020 container ship orders were the highest since Q3 2015, reports Freight Waves. A jump in newbuilding orders In virtually any ocean shipping market, a big jump in newbuilding orders is a headwind for future freight rates. More capacity spread among competing owners strengthens the negotiating h....
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Published 3y-10mo-1w-4d-10h-12m ago
The US Coast Guard explains which are the symptoms of hypothermia, highlighting that body heat can be lost 25x faster in cold water than in air, says an article published in safety4sea. What is Hypothermia USCG explains that frost nip, frost bite, and hypothermia are medical conditions associated w....
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Published 3y-10mo-1w-4d-10h-19m ago
Shipowners have limited options to access financing for ship repair, given the capital intensive nature of vessel repairs also represents a financial risk for shipyards. Typically, a shipowner must fund the entire capital cost of vessel repairs from its own cash resources. Although it may in excepti....
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Published 3y-10mo-1w-4d-10h-22m ago
Bunker industry association IBIA announces its list of candidates to join its board, including two strong supporters of LNG bunkering. Both Prokopakis and Rosenkrans are prominent advocates of LNG bunkering. They could be expected to bring this growing segment of marine fuel demand closer to IBIA a....
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Published 3y-10mo-1w-4d-10h-49m ago
Crew change in Singapore port authority implements full Personal Protective Equipment requirement, says an article published in BIMCO website. MPA PPE announcement The Singapore Maritime Port Authority announced full personal protective equipment required with immediate effect, for personnel facilit....
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Published 3y-10mo-1w-4d-10h-58m ago
Key ports throughout the Americas saw spot retail marine fuel pricing climb during the week January 4 8, with bunkers values tracking stronger US energy futures higher, reports Platts. Latin America Latin America bunker prices are starting the week supported by an energy complex that saw ICE Brent f....
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Published 3y-10mo-1w-4d-21h-49m ago
USGC marine fuel reached its highest level in nearly a year January 7 on a rebound in the underlying crude complex along with limited blending components, reports Platts. US marine fuels climb high USGC marine fuel 0.5%S was assessed at $401/mt, its highest since February 25 when it was assessed at ....
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Published 3y-10mo-1w-4d-22h-18m ago
With the oil prices heading north again, ocean carriers are preparing to ramp up low sulphur fuel surcharges to add to the misery of shippers struggling with sky high freight rates, surcharges and premium fees, reports the Loadstar. Brent crude amp 38 HSFO prices take a hike The price of Brent cr....
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Published 3y-10mo-1w-4d-23h-24m ago
Ship recycling plots in Alang beached 196 ships in calendar year 2020 for dismantling, benefiting from the green recycling policies of global ship owners for their end of life ships, reports the Hindu Business Line. In comparison, sub continent rivals Bangladesh beached 150 ships and Pakistan 95 shi....
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Published 3y-10mo-1w-5d-5h-34m ago
COSCO SHIPPING Energy won the Excellence Award in SDG Solutions, says a press release published on their website. The excellence award COSCO SHIPPING Energy won an excellence award with the LNG dual fuel VLCC cooperation project. About amp 8220 Golden Key SDG Solutions amp 8221 The launching....
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Published 3y-10mo-1w-5d-8h-46m ago
The Singapore Maritime Port Authority has announced a new enhanced crew change procedure to be effective from January 8 which implements sea launch transfer, says an article published by BIMCO. Singapore Shipping Association urges the industry to amp 8220 comply with COVID 19 Protocols amp 8221....
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Published 3y-10mo-1w-5d-9h-56m ago
According to Price agency Platts, JKM LNG price has risen to record high, reports Reuters. LNG at six year high price The Japan Korea Marker JKM price for liquefied natural gas LNG assessed by S amp 38 P Global Platts has risen to a record high of $20.705 per million British thermal units mmBt....
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Published 3y-10mo-1w-5d-10h-42m ago
According to a recent Maersk twitter post, Maersk is setting up a dedicated team to accelerate decarbonization efforts. Team for decarbonization efforts Danish shipping giant A.P. Moller Maersk announced it is setting up a dedicated team to accelerate decarbonization efforts, both of its own and of ....
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Published 3y-10mo-1w-5d-10h-57m ago
The Baltic Briefing has released a report about the dry bulk market for the 01st week of shipping activities of this year. The report dated 08th January 2021 highlights the plight of the dry bulk market at the on sight of the 01st week. Capesize The market surprised many this week after sparking int....
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Published 3y-10mo-1w-5d-11h-16m ago
The Britannia P amp 38 I Club analyzes a fire incident as part of its BSafe campaign. A third engineer onboard an anchored capesize bulk carrier was splashed by hot sludge while opening the manhole cover of a settling tank and subsequently died from a septic shock having sustained 2nd degree burns ....
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Published 3y-10mo-1w-5d-20h-26m ago
Ship owners facing looming deadlines to use less polluting fuels have slashed the number of new vessels on order as they don’t know which alternative to switch to. Ammonia, hydrogen, biofuels and electrification are some of the many contenders to power the world’s future merchant fleet. But most....
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Published 3y-10mo-1w-5d-21h-25m ago
As an early winter chill grips China, South Korea and Japan, prices for coal, liquefied natural gas LNG and power are rising due to supply crunches and a surge in demand with more cold weather expected, reports Argus Media. LNG prices hit 6 year highs Chinese benchmark coal is at the highest in ei....
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Published 3y-10mo-1w-5d-23h-41m ago
The Schulte Group has acquired Rescompany Systems Resco , a provider of advanced hospitality software to the cruise industry, reports Riviera. MariApps Marine Solutions Resco will now partner with MariApps Marine Solutions – a Schulte Group member – to offer the cruise sector a range of maritim....
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Published 3y-10mo-1w-6d-5h-33m ago
It’s the moment climate finance professionals live for: when an idea — an initiative — is turned into real world action by real world actors. A year after the Poseidon Principles were signed, 15 banking signatories last month disclosed their ship loan portfolios’ climate alignment scores fo....
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Published 3y-10mo-1w-6d-7h-3m ago
According to a Freight Waves article written by their Senior Editor Greg Miller, Analysts have warned that the tanker recovery will be a distant dream as rates are unlikely to recover before the second half of the year over crude oil production cut down “It feels a bit like someone stole our....
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Published 3y-10mo-1w-6d-9h-11m ago
A seafarer is facing charges for violating covid rules and swimming at the port from a bulk carrier ship, reports the Daily Mail UK. What happened A Vietnamese man, 37, has been charged with breaching quarantine directions. The man was a crew member on a bulk carrier berthed at Albany Port, in WA....
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Published 3y-10mo-1w-6d-9h-17m ago
Scorpio Bulkers Inc. has announces the sale of a Kamsarmax vessel, says a press release published in their website. Sale of vessel Scorpio Bulkers Inc. NYSE: SALT the “Company” announced that the company has entered into an agreement with an unaffiliated third party to sell the SBI Lynx, a K....
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Published 3y-10mo-1w-6d-9h-52m ago
Avenir LNG Limited launches its third 7,500 cbm dual purpose, LNG supply and bunkering vessel, says a press release published on their website. Launch of 3rd vessel Avenir LNG Limited NOTC: AVENIR announces the launching of its third 7,500 cbm dual purpose, liquefied natural gas supply and bunke....
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Published 3y-10mo-1w-6d-10h-5m ago
A large box must be ticked before LNG can be considered a cornerstone of the 21st century energy basket – and that is its de carbonization. LNG has fairly been heralded as a coveted jigsaw piece in the global energy transition. An energy market to bridge the traditional fossil fuel industry of the....
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Published 3y-10mo-1w-6d-10h-45m ago
A large box must be ticked before LNG can be considered a cornerstone of the 21st century energy basket – and that is its de carbonization. LNG has fairly been heralded as a coveted jigsaw piece in the global energy transition. An energy market to bridge the traditional fossil fuel industry of the....
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Published 3y-10mo-1w-6d-10h-45m ago
MOL has entered into an agreement with Bombora to identify Marine energy potential across Japan, says a press release published on their website. About the collaboration Internal technical review MOL has completed an internal technical review of Bombora’s mWave, which is a wave energy converter.....
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Published 3y-10mo-1w-6d-10h-50m ago
Baltic Exchange’s main sea freight index jumped 11% on Friday as high Chinese coal demand drove up capesize rates, reports Baltic NewsDesk. Coal demand and Capesize rates The Baltic Exchange’s main sea freight index jumped about 11% to its highest in nearly three months on Friday as high Chinese....
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Published 3y-10mo-1w-6d-23h-42m ago
The Korean Register KR has awarded Approval In Principle AIP for an LNG carrier with a prismatic IMO type B tank built by Hyundai Mipo Dockyard. The ship is a small to medium sized LNG carrier with a B type cargo tank developed as a result of a technical collaboration project between KR and HMD.....
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Published 3y-10mo-2w-1h-12m ago
MISC Berhad has taken delivery of Seri Erlang, its second very large ethane carrier VLEC at the Samsung Heavy Industries SHI shipyard. Seri Erlang will join its sister vessel, Seri Everest, to transport ethane from the U.S. to China to support STL’s ethane cracker facility in China. Seri Erlan....
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Published 3y-10mo-2w-1h-46m ago
Merry Christmas! While most of us are unable to be on a Royal Caribbean cruise this year, the author wanted to share a look at some of the Christmas fun aboard the only cruise ship in the fleet sailing right now, reports Royal Caribbean Blog. Special Christmas cocktails Quantum of the Seas is sailin....
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Published 3y-10mo-2w-1d-9h-39m ago
Did a 16th century Portuguese vessel run aground here Doubtful, but why not celebrate it anyhow The afternoon is overcast, the ocean churning, between Port Fairy and Warrnambool, on the Shipwreck Coast of Victoria, Australia. A man and woman carry shovels and a metal detector along the beach. I as....
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Published 3y-10mo-2w-1d-9h-44m ago
Singapore Shipping Association urges the industry to comply with Covid 19 protocols, says an article published on BIMCO website. Industry under spotlight COVID 19 transmissions Crew change facilitation has come in the spotlight of the Singapore Ministry of Health, following cases of COVID 19 trans....
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Published 3y-10mo-2w-1d-10h-8m ago
The shipping industry facilitates much of the world’s trade but also contributes significantly to global emissions. Ship Technology spoke with Daphne Technology’s CEO Mario Michan about how innovations in scrubber technologies could play a huge role in decarbonising shipping, and how future proo....
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Published 3y-10mo-2w-1d-10h-58m ago
As per the report article published in Marine Link, Trading house Mercuria and Singapore based asset manager Envysion Wealth Management, have agreed to co invest in mining and energy projects, for a commodity investment to balance the default tights made up by banks. The deal The deal, signed on Wed....
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Published 3y-10mo-2w-1d-11h-39m ago
According to a new poll from Mundy Cruising, Luxury cruise customers believe the sector is making progress towards a sustainable future reports Travel Weekly. Survey results The below findings were the latest from the agency’s Cruise Expert Panel, launched in October to coincide with the company....
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Published 3y-10mo-2w-2d-8h-49m ago
In recent years, cruise lines have done much to reshape the sailing experience: exploring partnerships with star level chefs to elevate the food. As result they are investing heavily in luxury spa and wellness programs, and even revamping entertainment to include live DJs and drag brunches on boar....
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Published 3y-10mo-2w-2d-8h-57m ago
Mardi Gras, Carnival Cruise Lines’s largest “Fun Ship” ever, is ready to set sail. Of course, it will be months before even the first traveler steps on board. Questions abound as to when the Centers for Disease Control and Prevention will lift its no sail orders and allow ships to resume oper....
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Published 3y-10mo-2w-2d-9h-19m ago
Growth in the global container fleet has dropped to the slowest pace in four years, according to shipping intelligence service Alphaliner. The global fleet saw growth of 2.9% last year, rising to 23.9 million TEU, Alphaliner said in an emailed note Wednesday. That compares with growth of 4% i....
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Published 3y-10mo-2w-2d-10h-26m ago
Damen Shiprepair and Conversion DSC recently carried out a series of works on 7 CMA CGM owned vessels, says a press release published on their website. About the project The projects took place between June and December last year at Damen Shiprepair Amsterdam DSAm in the Netherlands and Damen Sh....
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Published 3y-10mo-2w-2d-11h-26m ago
Japan Marine United has delivered a new 3,055 TEU container ship to Wan Hai Lines as the third in an eight ship series, says an article published in ShipInsight. About The New Container Ship The newly developed 3,055teu container ships can carry containers with a maximum of 12 rows x 6 tiers in the ....
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Published 3y-10mo-2w-2d-12h-6m ago
Fundamentals point to slow recovery in freight rates Slower inventory stock draws to dampen tanker demand Marine bunker spreads to provide little support to scrubber installations Tanker markets are facing a tough first half of the year, with crude oil demand forecasts for 2021 reflecting further do....
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Published 3y-10mo-2w-2d-20h-33m ago
From the first quarter of 2021, Wilson Sons will start the construction of six tugboats, at the Group’s shipyards in Guarujá SP , reports Sea News. Addition to the largest fleet in Brazil The new vessels will be added to the Company’s fleet, the largest in Brazil, with 80 tugboats, spread acro....
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Published 3y-10mo-2w-2d-22h-23m ago
Ocean shipping lines are deploying sweeper and extra loader vessels to Australia, at a high financial cost, to help clear the empty container build up, reports Shipping Australia Limited. The willingness of shipping lines to make direct cost outlays and forego revenue to reduce the empty container....
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Published 3y-10mo-2w-3d-4h-50m ago
Singapore is seeking to attract more LNG bunker suppliers to expand supply of the alternative marine fuel. The Singapore government brings in one of the managers of LNG bunker supplier FueLNG to help develop its technical standards for bunkering gas powered ships. According to a recent news report ....
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Published 3y-10mo-2w-3d-5h-11m ago
As the industry looks to prove the technical feasibility and commercial viability of fuels like ammonia, hydrogen and methanol – and ensure the safe application of electro fuels – biodiesel is another option becoming more readily available that could provide short term emission reductions, repor....
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Published 3y-10mo-2w-3d-5h-25m ago
ClassNK releases guidelines for Survey and Facilities/Equipment of LNG Bunkering Ships, says a press release published on their website. Guideline outline ClassNK in its publication released its Guideline for Survey and Facilities/Equipment of LNG Bunkering Ships, outlining the additional safety req....
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Published 3y-10mo-2w-3d-9h-13m ago
High shipping rates are set to continue for at least several weeks, despite new coronavirus lockdowns in Europe, boosted by demand for furniture, exercise equipment and home improvement goods, shipping group Maersk said on Wednesday. A surge in demand from shoppers sheltering at home in a worsening ....
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Published 3y-10mo-2w-3d-10h-11m ago
Europe’s emission trading system ETS is amp 8216 a cornerstone of the EU’s policy to combat climate change amp 8217 according to the European Commission EC . It operates in all EU countries plus Iceland, Liechtenstein and Norway. It is intended to limit emissions from heavy energy using i....
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Published 3y-10mo-2w-3d-10h-17m ago
According to Panama Maritime Authority PMA , bunker sales in Panama fell by about 19.2% on year in November 2020, says an article published in Manifold Times. Fall in bunker sales Following several months of continued growth, bunker sales in Panama fell sharply in November 2020. According to the la....
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Published 3y-10mo-2w-3d-11h-3m ago
Malaysia amp 8217 s Petronas says it expects to resume full production at its Baram facilities in the third quarter after halting output in October, reports Reuters. Firm halted after accident Malaysia’s state energy firm Petronas said on Monday it expects to resume full production at its Baram f....
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Published 3y-10mo-2w-3d-12h-1m ago
Shipping company Grimaldi Group is seeking to cut its bunker consumption and emissions as it adds new eco friendly vessels to its fleet, reports Ship amp 38 Bunker. Delivery of zero emission vessel The company has taken delivery of the ro ro ship Eco Barcelona. The ship is equipped with batteries....
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Published 3y-10mo-2w-3d-22h-52m ago
The government of Andhra Pradesh of India has set in motion efforts to convert MV Maa, to a floating restaurant. The ship was abandoned in Andhra Pradesh following denial of permission to refloat and tow it to a dry dock. Indian state Andhra Pradesh government has set in motion efforts to convert MV....
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Published 3y-10mo-2w-4d-16m ago
Stena Line amp 8217 s brand new Stena Embla ferry has arrived in Belfast, reports Port News. Stena Embla joins the Liverpool route Stena Embla is the third E Flexer ferry to be commissioned for Stena Line’s Irish Sea routes in the last 12 months, three of the most modern ferries in the world. Ste....
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Published 3y-10mo-2w-4d-5h-13m ago
There has been plenty of advice on how to recognise weaknesses in systems onshore and onboard and also on how to react. There will doubtless be much more advice to come as the cyber criminals always manage to be one jump ahead of their victims. The bigger problem is that there is only a requirement ....
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Published 3y-10mo-2w-4d-5h-17m ago
According to a Platts report, Asian low sulfur marine fuel market is expected to witness gradual yet steady incremental demand growth in 2021, with sales likely to top pre pandemic levels going into the second quarter of the year. LSFO Demand Increase Expected amp 8220 Economic activities will rec....
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Published 3y-10mo-2w-4d-5h-38m ago
Confined mostly to tiny cabins as the pandemic unfolded, crew members struggled to cope, writes Austin Carr. Jozsef Szaller At first, Jozsef Szaller’s crewmates didn’t think much of his absence. Szaller, after all, usually skipped going to dinner on the Carnival Breeze, the cruise ship where the....
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Published 3y-10mo-2w-4d-8h-57m ago
Marine fauna poses a grave danger for shippers and as such they need to acquire the skills of navigating through them. Keeping that in mind, the Gard has published a detailed guideline how to master this. Impact of Marine Fauna on Shipping While shipping traffic is one of many human activities in ....
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Published 3y-10mo-2w-4d-10h-7m ago
Keppel Offshore amp 38 Marine Ltd Keppel O amp 38 M has delivered Singapore’s first Liquefied Natural Gas LNG bunkering vessel, FueLNG Bellina, to FueLNG with a perfect safety record, says a press release published on their website. The second LNG bunkering vessel LBV FueLNG Bellina is th....
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Published 3y-10mo-2w-4d-10h-38m ago
The Baltic Exchange amp 8217 s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Tuesday to its highest level since mid October last year, reports Reuters. Gains extended The Baltic Exchange amp 8217 s main sea freight index, climbed on Tuesday to its high....
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Published 3y-10mo-2w-4d-11h-12m ago
amp 160 A new report warns of increasing cybersecurity threats to the maritime industry. The Global Maritime Consultants Group’s GMCG Marine Cyber Security white paper, published on December 24, warns of cyber attacks. It may originate via email, denial of service, impersonation or various ot....
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Published 3y-10mo-2w-4d-14h-9m ago
The Cyprus Shipping Chamber CSC expressed its concern over the continuing piracy at the Gulf of Guinea, stressing that despite the efforts being made by the whole industry the situation remains dangerous for ships sailing there, reports Seatrade Maritime News. Specifically, in a statement CSC expr....
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Published 3y-10mo-2w-4d-20h-29m ago
IMO secretary general Kitack Lim, in an IMO release, has spoken out against ’no crew change’ clauses in charter parties. He has pointed out that such clauses contribute to the ongoing seafarer crew change crisis and undermine the efforts undertaken to resolve the problem. Demand for amp 8216 n....
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Published 3y-10mo-2w-4d-21h-50m ago
Drewry has published a report to demystify the current situation of port congestions and explore its possible impact on the port sector valuation. Supply chains generally tend to be well orchestrated for moving goods across global networks. Any short term disruption can lead to bottlenecks as is the....
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Published 3y-10mo-2w-5d-4h-36m ago
ZIM Integrated Shipping Services, an Israeli container shipping company with over 320K TEU capacity, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering, reports an article published on Nasdaq. Niche markets The company states that it is a global, asset light co....
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Published 3y-10mo-2w-5d-5h-48m ago
According to a Marine Insight article, the Rotterdam based company DisinfectYour.com has launched a new service to help vessel owners and crew respond to COVID 19 outbreaks. Vessel Disinfection Service The service includes complete disinfection of closed areas on a vessel, as well as care for the cr....
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Published 3y-10mo-2w-5d-8h-14m ago
The year 2020 was a roller coaster ride for commodities and especially for crude oil. WTI crude prices fell into negative territory for the first time ever questioning the general market caveat that commodities price cannot be zero. The second half has been equally remarkable as prices surged by lea....
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Published 3y-10mo-2w-5d-9h-33m ago
Classification society Korean Register KR revises existing structural rules for membrane type LNG carriers, says an article published in Riviera Maritime Media. About the new structural rule The new rules have been developed to fully comply with the existing IGF code and cover LNG carriers from 21....
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Published 3y-10mo-2w-5d-11h-9m ago
Midnight on 31 December will mark the end of the Brexit transition period. Earlier, no customs formalities were required for freight transport from and to the United Kingdom. As from 1 January, customs formalities will apply. The trade deal recently entered into between the UK and EU will not change....
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Published 3y-10mo-2w-5d-11h-25m ago
According to Singapore Ministry of Health MOH a marine surveyor and a harbour pilot had tested positive for COVID 19 infection on 30 and 31 December 2020 respectively, reports SeaNews. COVID 19 safe management Shore Recent COVID 19 infection The Ministry of Health MOH had earlier reported th....
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Published 3y-10mo-2w-5d-11h-48m ago
Oil prices are unlikely to mount much of a recovery in 2021 as a new coronavirus variant and related travel restrictions threaten already weakened fuel demand, a Reuters poll showed on Thursday. COVID impact on gains The poll of 39 economists and analysts conducted in the second half of December for....
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Published 3y-10mo-2w-5d-21h-51m ago
Oil prices are unlikely to mount much of a recovery in 2021 as a new coronavirus variant and related travel restrictions threaten already weakened fuel demand, a Reuters poll showed on Thursday. COVID impact on gains The poll of 39 economists and analysts conducted in the second half of December for....
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Published 3y-10mo-2w-5d-21h-51m ago
Oil prices are unlikely to mount much of a recovery in 2021 as a new coronavirus variant and related travel restrictions threaten already weakened fuel demand, a Reuters poll showed on Thursday. COVID impact on gains The poll of 39 economists and analysts conducted in the second half of December for....
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Published 3y-10mo-2w-5d-21h-51m ago
Business Korea reported that POSCO is focusing on liquid natural gas powered vessels as global demand for these eco friendly ships is expected to grow fast. The fuel tanks of these vessels are built with special steel as they store ultra low temperature LNG. Steel supply for LNG fuel tanks POSCO exp....
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Published 3y-10mo-2w-6d-47m ago
A dramatic slowing of the global economy this year as a result of the coronavirus pandemic has ensured the previously predicted 20% to 40% increase in bunker costs. It is due to the factor that IMO 2020 has failed to materialize. Instead, while the global bunker market in 2020 saw a considerably w....
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Published 3y-10mo-2w-6d-2h-53m ago
The three year arrangement on port tariff increases that exists between the Port of Rotterdam Authority and the relevant market parties. It is represented by Deltalinqs and VRC, is to be extended by one year. As has been the case from 2018 to 2020, port tariffs will be increased by 1% in 2021. This ....
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Published 3y-10mo-2w-6d-3h-23m ago
2020 has been the year that all the maritime industry anticipated with mixed feelings due to the implementation of sulphur cap. Although all lights were shed on COVID 19 , once again the regulatory agenda was busy within 2020 in order the maritime industry to stay on the pulse and remain sustainable....
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Published 3y-10mo-2w-6d-8h-13m ago
Veteran US bunker supplier John W Stone Oil Distributor has acquired the marine lubricants arm of Martin Midstream Partners MMP , reports Ship amp 38 Bunker. Sold Assets The sold assets, Mega Lubricants, cover amp 8220 the business of blending manufacturing and delivering various marine applic....
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Published 3y-10mo-2w-6d-9h-32m ago
Bank of Communications Financial Leasing BoComm added to the recent orders for newbuild mega boxships by placing its own order for four 24,000 TEU capacity vessels, says an article published in Ship amp 38 Bunker. Long term charter commitments According to industry specialists Alphliner, BoCo....
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Published 3y-10mo-2w-6d-11h-4m ago
According to Ship amp 38 Bunker data, the bunker prices at major ports have doubled in the last nine months. 20 Ports VLSFO Average Specifically, Ship amp 38 Bunker amp 8217 s Global 20 Ports Average for VLSFO hit a low of $210/mt on April 28, 2020. On December 30, 2020 the VLSFO average wa....
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Published 3y-10mo-2w-6d-12h-4m ago
The Maritime amp 38 Coastguard Agency has issued guidance on ship recycling requirements in relation to hazardous materials on ships, reports Gov.UK. The Marine Guidance Note provides guidance and clarification on certain aspects of both the EU Regulation and the UK Ship Recycling Regulations. Sh....
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Published 3y-10mo-3w-1h-14m ago
The Northwest Seaport Alliance NWSA has accepted a $782,482 grant from the U.S. Environmental Protection Agency’s Diesel Emissions Reduction Act DERA grant programme as part of its efforts to cut emissions, reports Safety4sea. Deployment of battery electric tractors The DERA grant program will....
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Published 3y-10mo-3w-1h-55m ago
There is an immediate need for improvement of air quality of ports and cities of the Mediterranean Sea, by using better quality fuels and greener technologies, says an article published in Safety4Sea. Pollution in the Mediterranean Sea Shipping emissions and heavy air pollution in the Mediterranea....
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Published 3y-10mo-3w-1d-10h-58m ago
According to a recent article published in MSN, Indian sailors stuck on 2 ships off Chinese coast cry for help. The 2 stuck vessels 23 Indian sailors on bulk carrier MV Jag Anand, which has been stuck off the Jingtang port on the cold waters of the Bohai Sea in northern China since June, amp 8....
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Published 3y-10mo-3w-1d-11h-36m ago
Disease, mutinies and uncharted waters nearly sabotaged the global circumnavigation of the expedition led by Portuguese mariner Ferdinand Magellan. Five centuries later, the pandemic looms as a Spanish navy tall ship sails to commemorate the feat, says an article published in Independent. Juan Se....
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Published 3y-10mo-3w-1d-11h-36m ago
This time of the year is always a good opportunity to consider lessons learned and set new year’s resolutions for a new start. Our special column Industry Voices: amp 8216 Goodbye 2020, hello 2021 amp 8217 aims to provide an overview of this challenging year and set new targets for 2021 to mov....
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Published 3y-10mo-3w-3d-5h-16m ago
With the pandemic and the 2020 sulphur cap, the shipping industry had a challenging time this year but despite all odds it sailed through it rather well. So, here we are chartering some success stories from the shipping industry as presented by Safety4sea. Chronicling Stories That Shaped the Year Li....
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Published 3y-10mo-3w-3d-9h-24m ago
What a year! With 2020 coming to a close, gCaptain reports the top maritime stories that continued to make headlines all year long. IMO 2020 The year started with one of the most monumental shifts in modern shipping history with the entry into force of the IMO 2020 regulations limiting the amount of....
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Published 3y-10mo-3w-3d-10h-18m ago
A year ago the Panama Canal faced with low rainfall in the basin, had to take measures to maintain operations, says an article published in newsroom panama. About The Draft It will begin in 2021 offering 50 feet of draft, the highest level for neo Panamax locks, announced administrator Ricaurte Vás....
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Published 3y-10mo-3w-3d-10h-39m ago
The Great Eastern Shipping Co Ltd has overtaken Shipping Corporation of India Ltd SCI to become India’s biggest ship owner by fleet size. It ceded the higher market capitalisation slot to SCI as its scrip galloped in the run up to the issue of expression of interest for the privatisation of the ....
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Published 3y-10mo-3w-3d-17h-54m ago
New technologies and innovations are needed as the salvage sector tackles ever more complex projects with larger ships to protect mariners, assets and the environment, reports Riviera. The capsized carrier This has been publicly demonstrated with the gradual removal, in Q4 2020, of the Golden Ray ....
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Published 3y-10mo-3w-4d-4h-56m ago
Norwegian cruise and ferry operator Hurtigruten is recovering from a comprehensive ransomware virus data attack in mid December. This forced the company to close down its servers and online booking services. Its websites were out of action, but were back in operation by 18 December, says an article ....
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Published 3y-10mo-3w-4d-6h-2m ago
Gliese Foundation has published twelve independent reviews of the largest container carriers. The table presents the ranking, name, score, number of pages of the Sustainability Report. It also deals with the month of release of the report, number of years producing sustainability reports, and countr....
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Published 3y-10mo-3w-4d-10h-7m ago
Crew members readied for a year of working at sea, and those at the helm of the cruise industry anticipated another successful year, with profits sure to continue on an upward trajectory and bigger and better ships ready for launch. Then, in the space of a few disastrous weeks, everything changed. C....
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Published 3y-10mo-3w-4d-11h-5m ago
A Standard Club article provides an overview of some of the important international regulations that will enter into force in end 2020 and 2021, including the European Union EU requirement in relation to ship recycling. Coronavirus overshadows IMO2020 fallout The year 2020 marked the implementatio....
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Published 3y-10mo-3w-4d-20h-54m ago
An article in Riviera Maritime Media breaks down the amp 8216 Top five LNG carrier owners. amp 8217 Mitsui OSK Lines Japan’s Mitsui OSK Lines MOL has the world’s most valuable fleet of LNG carriers, worth close to US$6Bn, according to UK based ship valuation firm VesselsValue. With 45 vess....
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Published 3y-10mo-3w-4d-22h-21m ago
Amidst the rising incidents of piracy among the world suffering from the global pandemic, the sea transport organization MUI said that it is a major cause of concern for more than two lakh Indian sailors, reports Daily Excelsior. Rise in piracy The Maritime Union of India MUI , the oldest organizat....
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Published 3y-10mo-3w-4d-22h-54m ago
amp 160 Japanese firms study the possibility of producing and shipping blue ammonia produced in Russia, reports Argus Media. Blue ammonia production Backed by state owned energy agency Jogmec, Japanese firms plan to study the possibility of producing and shipping blue ammonia produced in Russia a....
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Published 3y-10mo-3w-5d-4h-3m ago
amp 160 Two Indian ships continue to be stranded in Chinese waters for over six months. The Ministry of External Affairs MEA said that the Indian Mission in Beijing is in touch with the Chinese authorities to seek facilitation and assistance for the Indian crew. The bulk cargo vessel MV Jag Ana....
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Published 3y-10mo-4w-1d-11h-36m ago
Giles Foundation has come up with a Maritime Environmental Reports. They assess the quality of the environmental reporting presented by the twelve largest container carriers in the world in their sustainability reports. They present the results with the lowest rated company and will end with the com....
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Published 3y-10mo-4w-1d-12h-8m ago
On December 16th, the UECC PCTC M/V Auto Energy received the first ship to ship bunkering of Liquefied Natural Gas LNG blended with 10% renewable Liquefied Biogas LBG , says a press release issued by UECC. Gasum’s LNG bunker vessel Coralius performed the bunkering operation at anchorage outside....
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Published 3y-10mo-4w-1d-12h-20m ago
The Republic of Marshall Islands shared the requirements for the design, installation, and operation of Recreational Fire Appliances RFAs onboard RMI flagged yachts, says an article published by Safety 4 Sea. Recreational Fire Appliances RFAs means fireplaces that use wood, ethanol, or LPG as a ....
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Published 3y-10mo-4w-1d-12h-36m ago
Order placed at Korean ship yard Daewoo Shipbuilding amp 38 Marine Engineering. Vessels will be powered by LNG Dual Fuel. Delivery starts in April 2023. 1 billion USD investment. German liner giant Hapag Lloyd has ordered six ultra large container vessels from Korean shipyard Daewoo Shipbuilding ....
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Published 3y-11mo-4h-6m ago
Although there are many video calling services, Zoom has been by far the most popular choice in 2020 and just announced impressive financial results for Q3, reports Tech Advisor. No 40 minute Limit But the company has announced a nice surprise for its users: it’s ditching the usual 40 minute call ....
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Published 3y-11mo-7h-44m ago
Every year SAFETY4SEA honours the best employment opportunities in maritime with a glorious award. This year amp 8217 s CAREER4SEA awards was announced virtually on December 16th and it recognized the industry’s outstanding practices for attracting and supporting the younger generation in the....
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Published 3y-11mo-9h-32m ago
In an article published Energy amp 38 the Law, Charles Sartain highlights the legal issues concerning black blog in ship delivery. He follows a celebrated case to highlight what could be the legal implications of it. What is it Enterprise Products Operating v. Trafigura, A G. asks, Who should....
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Published 3y-11mo-9h-40m ago
The Volkswagen Group on Thursday 26 November said it is planning to use certified fuel from vegetable residues for certain new car shipments via marine routes. The fuel is produced from materials such as used oil from restaurants and the food industry. The first car freighter was re fuelled for th....
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Published 3y-11mo-10h-38m ago
amp 160 Two cargo ships were detained in the Paris MoU region within December. Both vessels flied flags that are black on the current Paris MoU list. One was detained in Port Ravenna, Italy, on 1st December 2020. This is the fourth detention in the Paris MoU region within the last 36 months. Anot....
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Published 3y-11mo-17h-58m ago
Carbon13 and Maritime UK joined forces on an eight month program supporting people to launch highly scalable and investable ventures for a net zero future. Accordingly, the partners launch the Carbon13, the Venture Builder for the Climate Crisis. The eight month programme supports extraordinary indi....
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Published 3y-11mo-18h-8m ago
The Coast Guard has seen a number of instances where there was lack of knowledge regarding the installation, training, maintenance and inspection of these certified systems. At this juncture, the USCG has issued a Safety Alert to emphasize the importance of properly installed and maintained listed o....
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Published 3y-11mo-20h-19m ago
Claims arising from incidents involving vessels under pilotage have exceeded US$ 1.8 billion in the 20 years between 1999 and 2019, reports data by the International Group of P amp 38 I Clubs IG Clubs . Vessel pilotage In a new report, IG Clubs records 1,046 such incidents in this period and each ....
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Published 3y-11mo-20h-59m ago
In a major development, the technology group Wärtsilä’s industry leading R amp 38 D investments in enabling liquefied petroleum gas LPG to become a viable marine fuel has resulted in a further order for the company’s LPG Fuel Supply System LFSS , says a press release published on their web....
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Published 3y-11mo-1d-5h-42m ago
amp 160 According to an Argus Media report, arbitrage economics between the US and the Asia Pacific region must remain attractive to support Very large gas carriers VLGCs freight rates at the higher levels recorded in the fourth quarter of this year. The EIA has cut its 2021 forecast for domest....
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Published 3y-11mo-1d-5h-49m ago
According to a Hard article written by their Senior Loss Prevention Executive Jarle Fosen, the year ahead looks forward to growing zero emission trends as witnessed by Fosen in a visit to the Yara Birkeland, the first fully battery operated container vessel designed for autonomous operation. Here ....
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Published 3y-11mo-1d-6h-1m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....
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Published 3y-11mo-1d-9h-14m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....
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Published 3y-11mo-1d-12h-21m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....
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Published 3y-11mo-1d-22h-25m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....
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Published 3y-11mo-1d-22h-49m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....
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Published 3y-11mo-2d-3h-14m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....
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Published 3y-11mo-2d-4h-18m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, Exceptional Bravery....
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Published 3y-11mo-2d-4h-18m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....
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Published 3y-11mo-2d-4h-26m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, study....
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Published 3y-11mo-2d-4h-38m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, MOL....
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Published 3y-11mo-2d-9h-3m ago
