Malaysian Yard in Troubled Waters
Malaysian shipyard TH Heavy Engineering (THHE) has been served with three winding-up petitions over an alleged debt of around $9.52million in total, for the supply…
Unipec, Largest Dirty Tanker in Spot Charterer
China’s Unipec remained the top spot charterer of dirty tankers and VLCCs in the first half of 2016, according to Poten & Partners. In stock of the spot market activity…
Can You Farm Fish Inside a Cargo Ship?
The world’s biggest Atlantic salmon producer wants to start farming fish inside a ship – and the idea has merit, says a report in IOL. Building traditional fish…
Novatek Says Ships First LNG Cargo
Russia’s Novatek Gas & Power has supplied its first ever cargo of liquefied natural gas, marking the company’s first step into global LNG trading business. The cargo…
LA Port Gears up for LA Fleet Week Inaugural
Organizers of this summer’s inaugural LA Fleet Week 2016 are in full planning mode for the week-long call of U.S. Navy ships on the LA Waterfront in the days leading…
UK Shipping & Transport OMBs Confident of an Up-Swing
A survey by leading accountant Moore Stephens has revealed that over three-quarters of owner-managed businesses (OMBs) in the UK operating in the shipping and transport…
First Shipload of LNG Arrives at Skangas Terminal Finland
Sunday July 10th 2016 the first shipload of liquefied natural gas (LNG) arrived at the Gasum’s subsidiary Skangas LNG terminal in Pori. To be completed in August…
New Innovative CNG-Electric Hybrid Ferry Texelstroom
The M/S Texelstroom is more energy efficient, cleaner and more sustainable than her predecessors. CNG-electric hybrid ferry Texelstroom features some of the latest…
Panama Canal, PortMiami Renew MOU as Port Welcomes MOL Majesty
Today, another milestone agreement was reached as Panama Canal Administrator and CEO Jorge L. Quijano and PortMiami Director Juan M. Kuryla renewed a Memorandum…
Shipowners Reject Proposals for Ships to Pay for EU Ship Recycling Licences
Proposals to compel ships, regardless of flag, to pay for European Union ship recycling licences when calling at EU ports, will undermine efforts by the International…
Standard Bunker Contract Review Begins
Three of the world’s largest bunker suppliers, including World Fuel Supplies and Dan Bunkering, have joined a team of industry experts to review BIMCO’s standard bunker contract – BIMCO Terms 2015.
Widened Panama Canal to Affect Trade Patterns
It was another lacklustre month for the shipping industry as freight rates in almost all sectors softened further. Drewry’s Earnings Index declined by 0.5% during the month to 52.4.
Fuel Variants For LR1 Product Tankers
In a comprehensive study, DNV GL in cooperation with MAN DT examined a set of scenarios for various versions of an LR1 product carrier to determine the most economically…
MSC Full VGM Compliance
One week after the implementation of the new SOLAS regulation ‘Verified Gross Mass’ (VGM), MSC Mediterranean Shipping Company confirms an outstanding early experience of compliance rates by shippers.
Capsize Scrapping: It's Complicated!
Last year saw an upswing in Capesize spot rates during the first seven months of the year, peaking in early August, rallying briefly in September and declining for the rest of the year…
Le Havre, First European Port in 3D & in Real Time
Since 16 June 2016, HAROPA - Port of Le Havre, # 1 French port complex, displays itself in three dimensions through the development of its software package S-WiNG©.
ENSTA Bretagne wins SAUC-Europe ‘16 at CMRE
Team ENSTA Bretagne from France won the 11th edition SAUC-E competition, the Student Autonomous Underwater Vehicle Challenge - Europe. The 2nd prize went to the Tom Kyle team…
Seaboard Marine Expands Services from U.S. Gulf
Seaboard Marine will launch a new weekly service commencing on Sunday, July 24, 2016, from New Orleans connecting U.S. exporters to Colombia, Panama, and Costa Rica in addition to Honduras…
Fire at Prelude LNG Construction Site in South Korea
Shell said a small fire occurred at the construction site in South Korea for its huge floating Prelude liquefied natural gas (LNG) project, with work resuming immediately and an investigation underway. The incident would not have an impact on the delivery schedule, according to a source in South Korea. Shell has declined to reveal the timetable or the budget for Prelude, based on a giant processing…
US Navy Ship Tests 100% Alternative Fuel
Naval Surface Warfare Center, Port Hueneme Division's (NSWC PHD) Self Defense Test Ship (SDTS), ex-Paul F. Foster went underway for final-phase testing of two alternative fuels, May 31. The SDTS traveled to San Diego, where it took on approximately 30,000 gallons of two types of alternative fuels. The ship then proceeded on a normal cruise, demonstrating that the alternative fuels could function as a drop-in replacement, requiring no changes to equipment or operating procedures.
