Asian Cruise Market Sees Record Growth
Asia's cruise industry is growing at a record pace and shows no signs of slowing down, according to the latest 2016 Asia Cruise Trends study from Cruise Lines International Association (CLIA). Asian source markets experienced the most growth year over year in ocean cruise passengers with an impressive 24 percent increase from 2014 to 2015 and a total of 2.08 million passengers in 2015, the study found. Asian cruise deployment, capacity and destinations have also shown remarkable growth.
Cleaner Exhaust with BOS Technology
Answering to a stronger drive in the maritime industry to reduce polluting and harmful soot, Blue Ocean Solutionsā (BOS) Emulsified Fuel System (EFS) cleans exhaust and reduces PM emissions. According to BOS, is a Singapore-headquartered subsidiary of Keppel Offshore & Marine, its system reduces NOx emissions due to cooler combustion as well as cleaner exhaust and reduced PM emissions. The better combustion and presence of steam reduces and softens the soot, resulting in cleaner exhaust.
This Day In Naval History: August 11
1861 - USS Penguin, commanded by Cmdr. John L. Livingston, engages blockade-runner Louisa during the Civil War. The blockade-runner hits a sandbar near Cape Fear, N.C., and sinks. 1877 - Prof. Asaph Hall of the U.S. Naval Observatory discovers the first of two satellites of Mars, Phobos and Deimos, using the largest refractor of the time, a USNO 26-inch (66-cm) telescope. 1898 - During the Spanish-American Warā¦
Newbuild Volatility to Alter Future Shipping Cycles -MSI
Independent research and consultancy firm Maritime Strategies International (MSI) has forecast a structural change to future shipping cycles, driven by increased volatility in newbuilding activity. In an article by Dr. Adam Kent, MSI notes that as a consequence of the current glut of excess shipyard capacity, many yards will be well-positioned to take orders and deliver within two years, should freight markets show improvement.
Oregon State University Seeks New Research Vessels
Oregon State University (OSU) will issue a request for proposals (RFP) for a project to construct up to three advanced regional class research vessels to help replenishā¦
CMA CGM Shipped 17,000 Tons of Goods for the Rio Olympics
Before the Olympic flame was lit in the Maracanã stadium on Saturday, August 6, worldwide shipping group CMA CGM had transported thousands of containers of goods and equipment to Rio, having begun its shipments for the 2016 Olympic Games in December 2015. From perishable goods in refrigerated containers, to vegetables, luxury yachts, pharmaceutical products, industrial equipment and even safety barriers for the track cycling eventā¦
St. Lawrence Seaway Traffic Sluggish in July
āWe are about half-way through the 2016 navigation season and our overall cargo tonnage numbers are down by 11 percent,ā said Betty Sutton, Administrator of the Saint Lawrence Seaway Development Corporation. Sutton added, āAluminum shipments supporting the automotive industry played a significant role in activity at the ports of Oswego, NY, Toledo, OH and Detroit, MI. We also saw wind energy parts moving through the Port of Ogdensburgā¦
Selektope Enters Antifoulings Mainstream
The first branded marine coatings to feature the antifouling ingredient Selektope have been launched by coatings major Chugoku Marine Paints, Ltd. (CMP). Developed by I-TECH AB, Selektopeās pharmacological action is unique in the marine antifouling application. It repels barnacle settlement on shipsā hulls by temporarily stimulating the barnacle larvaeās swimming behavior. CMPās new generation āSEAFLOā¦
Radio Holland Opens Office in Malaysia
Radio Holland Malaysia opened a new office in Johor, Malaysia to support shipping in the ports of Johor and the vicinity. Over the years, Radio Holland Malaysia has expanded its business to the Southern Region of Malaysia known as Gelang Patah, Johor. With this new office, Radio Holland Malaysia aims to be close by to perform service in the ports of Johor. Already with an office in Port Klang, the new office is located near Malaysiaās container terminalā¦
ExxonMobil Expands Mass Flow Metering System in Hong Kong
ExxonMobil introduced its second independently accredited mass flow metering system (MFMS) in Hong Kong onboard the bunker vessel, Anelly. It follows the introduction of the first independently accredited MFMS in Hong Kong fitted on the barge, Anshing. The expansion will help to meet increased customer demand for fuel deliveries via an accredited MFMS, due to the cost and efficiency benefits. Both metering systems are fully accredited by Lloydās Registerā¦
Brokers Optimistic on Asia Dry Bulk-Capesize Rates
More activity from Australian miners buoy capesize rates; dry cargo market remains over-tonnaged as fleet growth outpaces demand. Freight rates for large capesizeā¦
Volvo Penta Expands in Americas
Service technicians from five countries just completed an in-depth two-week training class conducted by Volvo Penta of the Americas in Panama, as part of an ongoingā¦
Trident Maritime Systems to Acquire Callenberg Technology Group
Wilhelmsen Maritime Services AS (WMS), a wholly owned subsidiary of Wilh. Wilhelmsen Holding ASA, said it has signed an agreement whereby technology subsidiary Callenbergā¦
Top Ships Completes Six-Vessel Newbuilding Program
Top Ships Inc. (TOPS) has taken delivery of the M/T Nord Valiant, a 50,000 dwt fuel efficient "ECO" MR product tanker, the final vessel under construction in the Company's fleet.
GSL Extends CMA CGM Charters
Global Ship Lease (GSL) has extended the charters of the Marie Delmas and Kumasi, two 2,207-TEU vessels, for up to 3.25 years. Under the agreement, a revised rate of $13ā¦
Hapag-Lloyd in Troubled Waters
German container shipping company Hapag-Lloyd AG has swung to a loss in the first half of the year as tumbling freight rates weighed on revenue. The bad news comesā¦
CMA CGM to Upgrade its FAL 1 Service
In order to improve the reliability of its service, CMA CGM has decided to review the port coverage of FAL 1. As from m/v CMA CGM JULES VERNE voy. 115 FLE, FAL 1ā¦
Panama Maritime Authority Eyes More Ships
The Panamanian Maritime Administration is running important market strategies to expand the fleet, the Bulletin Panama quoted Jorge Barakat Pitty, the Administratorā¦
Converted Shipping Containers as Mobile Tech Labs
Shipping containers are being converted into the high-tech, movable tech lab, says a report in CNN. Raleigh-based Betabox's mobile labs are built inside refurbishedā¦
Eagle Bulk Shipping Raises $88mln in Private Placement
Marshall Islands corporation headquartered in Stamford, Connecticut Eagle Bulk Shipping Inc has announced that it has closed its previously announced private placementā¦
