Coal's Cost Advantage over LNG Slipping
Thermal coal has been one of the commodity success stories this year, but there is a risk that it becomes a victim of its own success by eating into its advantage…
Adani buys Australian Port Operator from Glencore
A unit of India's Adani Enterprises Ltd will buy the company that operates Australia's Abbot Point Coal Terminal from Glencore Plc for A$19.25 million dollars ($14.52 million)…
IUMI: Containership Fires Need Study
Two recent onboard containership fires have fueled concerns from IUMI (International Union of Marine Insurance) over the challenges involved with managing these incidents at sea. "At sea, below-deck fires cannot be fought with water and so CO₂ is used instead to displace the oxygen and extinguish the fire," said Uwe-Peter Schieder, Vice Chairman of IUMI’s Loss Prevention Committee. "However, if the fire is burning within a container…
Terex Floating Cranes for Open Sea Get Approval
Terex Port Solutions (TPS) has obtained design approval for Terex Gottwald Model 8 floating cranes in the G HPK 8200 B four-rope grab variant operated on the open sea.
Fugro Reduces Offshore Wind Development Down Time
A development by Fugro for its work class remotely operated vehicles (ROVs) has been utilised successfully in cable lay touchdown monitoring operations at the Rampion Offshore Wind Farm.
DP World London Gateway Adds New Shipping Service
DP World London Gateway Port has announced a new shipping service to Australia, the Mediterranean and other key markets. CMA-CGM’s NEMO (North European Mediterranean…
Boskalis to cut 650 jobs, 24 vessels
Royal Boskalis Westminster N.V. (Boskalis) announces that its Works Council has unanimously rendered a positive advice on the fleet rationalization plan announced early July.
Miller to Showcase Welding Solutions at International WorkBoat Show
Miller Electric Mfg. Co. is showcasing welding equipment technologies to enhance quality, productivity and cost savings in the shipbuilding industry during the International…
American Maritime Safety Award For Foss
American Maritime Safety recognized Foss Maritime's efforts in building and maintaining a strong culture of safety by awarding the company the American Maritime…
Marine Premiums Drop 10%, Could get Worse
The International Union of Marine Insurance – unveiling its annual statistical report on the marine insurance market at today’s conference in Genova, announced global…
Australian Port Sold for $7.3 bln to Consortium
A consortium of global and domestic funds, backed by investors including China Investment Corp, agreed to buy Australia's busiest port for a higher-than-expected A$9.7 billion ($7.3 billion), a sign that tough equity markets are helping fuel appetite for infrastructure. Australian leaders will also hope the deal shows they still welcome Chinese investment in infrastructure. The federal government last month blocked the sale of the country's biggest power network…
NASSCO Christens 4th ECO Class Tanker
General Dynamics NASSCO Christens Fourth ECO Class ECO Product Carrier for American Petroleum Tankers. On Saturday, September 17, General Dynamics NASSCO hosted a christening ceremony for the fourth ECO Class tanker for American Petroleum Tankers (APT) under construction at the company's shipyard in San Diego. U.S. Representative Juan Vargas spoke at the ceremony, and the ship’s sponsor, Mrs. Melissa DeVeau, christened the ship with the traditional break of a champagne bottle alongside the ship.
GT USA Adds Warehouse At Port Canaveral
GT USA, operators of Canaveral Cargo Terminal, has expanded its supply chain capabilities to serve shipping lines, along with domestic customers, with the addition of more than 40,000 square feet of covered storage now available at the Marlin Street Warehouse at Port Canaveral. The facility serves as a secure location for general warehousing, providing a full range of logistics services, including trucking, cross docking, storage and inventory control and last mile distribution.
Multi-purpose 9.5m Cabin RIB from ASIS Boats
A maritime Solutions Company in Dubai has just taken delivery of ASIS 9.5m Cabin RIBs for Security Patrol and Pilot Services. The multi-purpose custom built crafts will be used for Dubai International Port Operations on a daily basis. The 9.5m Rigid Inflatable Boats have a heavy duty fiberglass hull and an extra reinforced aluminium cabin superstructure. Deigned and certified under Category “B”, these RIBs have great stability and seaworthiness.
Antifouling Copper Approval Ensures Savings, Performance
Jotun believes the European Union’s decision to approve the use of copper in marine antifoulings will ensure continued delivery of powerful benefits for both the shipping industry and environment. Copper is a key ingredient of most antifouling coatings, valued for its ability to provide the best overall balance of environmental protection and cost savings. By preventing the settling, growth and spread of a wide range of fouling species, copper plays a key role in ensuring clean vessel hulls.
Lifeboat Crew Exchange Hits Fifth Year
For the fifth consecutive year, rescue volunteers from European nations are to participate next week in a seven day Lifeboat Crew Exchange Program organized by the International Maritime Rescue Federation (IMRF). The well-established program will include representatives from 13 countries and nine will host a full exchange seven days in their respective locations with each country able to send seven crew members each going to a different country.
DNV GL & “The Future of Spaceship Earth”
At a presentation this morning at the United Nations in New York, Remi Eriksen, CEO, DNV GL led a presentation on “The Future of Spaceship Earth,” a global forecast on the outlook for the world to 2050. The skinny: The world needs to move further, faster on multiple fronts to ensure the sustainable future of the planet. Calling for “extraordinary action” to achieve the 17 Sustainable Development Goals (SDG’s) as presented in 2015…
Australia settles six years after Barrier Reef accident
Australia on Monday reached a A$39.3 million ($29.66 million) out-of-court settlement with the owners of a Chinese coal carrier that ran aground in 2010 on the Great Barrier Reef.
GPA Marks Record August Box Volumes
At the Georgia Ports Authority board meeting Monday, Executive Director Griff Lynch reported the GPA achieved an August record of 330,846 twenty-foot equivalent container units, a robust increase of 5 percent compared to August 2015. "August container unit volumes were the third highest in the Authority's history, behind April and May 2015 at the height of diverted cargo from the West Coast," Lynch said.
Hurricane Paine forms off Mexico
Hurricane Paine formed in the Pacific more than 300 miles off the coast of Mexico early on Monday and is forecast to begin weakening later in the day, the National Hurricane Center (NHC) said.
