Maiden Bakken oil cargo to Asia ships out, with more to come
The first ever reported export of North Dakota's crude oil to Asia left port last month, according to a shipping document seen by Reuters on Wednesday, in what is…
Op/Ed: Trump's Infrastructure Plan Should Include Inland Waterways
Bryan Day, executive director of the Little Rock Port Authority, weighs in on President Donald Trump’s proposed infrastructure plan, calling for U.S. policymakers to consider inland waterways and ports in America’s infrastructure plan. President Donald Trump and members of Congress continue to discuss plans for a major infrastructure spending plan for our country. With calls from leaders from across the country…
China Launches First Home-built Aircraft Carrier
China launched its first domestically built aircraft carrier on Wednesday amid rising tension over North Korea and worries about Beijing's assertiveness in the South China Sea. State media has quoted military experts as saying the carrier, China's second and built in the northeastern port of Dalian, is not expected to enter service until 2020, once it has been kitted out and armed. Foreign military analysts and Chinese media have for months published satellite images…
Hunter Buys Five Capsize Bulkers
Hunter Maritime Acquisition Corp. said it has entered into definitive agreements pursuant to which it has agreed to purchase, for an aggregate purchase price of $139.4 million in cash…
US Authorizes Non-FTA LNG Export from Golden Pass
The U.S. Department of Energy announced that it has signed an order authorizing Golden Pass Products LLC to export domestically produced liquefied natural gas (LNG) to countries that do not have a free trade agreement (FTA) with the United States. Golden Pass is authorized to export LNG up to the equivalent of 2.21 billion cubic feet per day (Bcf/d) of natural gas to any non-FTA country not prohibited by U.S.
Speedcast, Tampnet Partner for GoM 4G/LTE Service
Speedcast International Limited, provider of fully managed remote communication and IT solutions, has signed a reseller agreement with Tampnet for 4G/LTE services in the Gulf of Mexico.
MAN Debuts New SCR for Two-stroke Engines
MAN Diesel & Turbo and its licensee Mitsui Engineering & Shipbuilding introduced its new high-pressure selective catalytic reduction (SCR) system, MAN SCR-HP, at an event in Tamano, Japan on April 11. The MAN SCR-HP is available for two-stroke engines of all bore sizes and reduces – through internal catalytic reaction – NOx exhaust emissions to IMO Tier III limits. With specially developed honeycombs and honeycomb materials…
DNV GL Launches PSC Planner App
Classification society DNV GL has launched a new application on its My DNV GL portal – the Port State Control (PSC) Planner. The PSC Planner has been designed to help ship owners, managers and operators increase their operational efficiency by giving them an overview of a vessel’s or fleet’s PSC performance and to benchmark that performance against the IACS classed world fleet. It also helps the crew…
Baltic Exchange Chief Outlines Growth Plan
Newly appointed Baltic Exchange Chief Executive Mark Jackson has set out the Exchange’s vision of the near-future in a wide-ranging speech in Singapore during the…
UK P&I Club Advises On Hatch Cover Maintenance
The UK P&I Club’s Loss Prevention Department, in conjunction with the IMCS Training Academy, advises on the importance of hatch cover maintenance: “Whether a ship’s hatch covers are weathertight is a seemingly simple question that should have a “Yes” or “No” answer. However, coming to the right conclusion is not as easy as may initially be assumed, requiring an understanding of hatch covers, their operation and industry requirements.
IRClass Expands Presence in Southeast Asia
Indian Register of Shipping (IRClass) is boosting its presence in Southeast Asia with the opening of a new office in Malaysia. The move is part of its efforts to become a global classification society – a step taken after receiving recognition from the European Union. IRClass, which is a member of the International Association of Classification Societies (IACS), has just gained authorization as a Recognized Organization (RO) from Thailand.
Baltic Index Down on Weaker Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday on weaker rates for panamaxes and smaller vessels…
Coast Guard Concludes Response to Bulker Casualty
The two surviving crewmembers of the bulk-carrier Tamar explosion were medevaced at approximately 4:30 a.m., by a Portuguese aircrew along with three New York Air…
Drewry Trims Long-Term Freight Rate Outlook for LNG shipping
Given the mounting pressure on freight rates and continuing fleet growth over the next two years, Drewry believes that excess vessel supply will reduce only gradually…
CMA CGM Otello Largest Box Ship to Call Indonesia
CMA CGM Otello has arrived Indonesia as the largest container vessel to call the country at the Jakarta International Container Terminal. The occasion also celebrated…
Demolition Activity Weakens as BDI Moves Higher
After the Baltic Dry Index (BDI) had its seasonal weakness around the Chinese New Year in early February, stronger-than-expected demand came from across the board and lifted freight rates…
US, Egypt Begin Eagle Salute 2017
The U.S. Navy with the Egyptian Naval Forces commenced exercise Eagle Salute 2017 in the Red Sea. Eagle Salute 2017 incorporates Eagle Response 2017, an explosive ordnance exercise…
Indian Warships Visit France
In continuation of the Indian Navy’s overseas deployment to the Mediterranean Sea and West Coast of Africa, three Indian warships INS Mumbai, Trishul, and Aditya…
US Navy Conducts Bilateral Drill with Japan and Korea
U.S. Navy ships are conducting simultaneous bilateral maritime exercises with the Republic of Korea Navy and with the Japan Maritime Self Defense Force today and tomorrow (April 25-26, local time).
ABS Facilitates Polar Code Operational Assessment
ABS facilitated a Polar Code Operational Assessment, a milestone in the implementation of the IMO Polar Code. The assessment, which identifies operational risks and limitations…
