Gail India Seeks Three LNG Cargoes in H2
Gail India has launched a tender to buy three liquefied natural gas (LNG) cargoes in the second half of 2017, trade sources said. The importer is seeking a cargo for July…
Leonhardt & Blumberg Chooses Sealink Business VSAT
Hamburg-based Leonhardt & Blumberg (L&B), one of Germany’s independent charter owner of handysize containerships, has become the first customer for Marlink’s new Sealink Business VSAT service.
Brunswick Expanding Its Boat Building Facility
Brunswick Commercial & Government Products (BCGP) has officially broken ground on a facility expansion at the company's Edgewater, Fla. headquarters. The addition includes a new large-boat building with added manufacturing space and other facility improvements. The new 10,500-square-foot facility will be located on the east side of the commercial boats manufacturing campus and will increase the company's manufacturing capacity by 50 percent.
Great Lakes Limestone Trade Falls 16.3% in April
Shipments of limestone on the Great Lakes totaled 1,630,081 tons in April, a decrease of 16.3 percent compared to a year ago, the Lake Carriers’ Association (LCA) reports. Loadings also trailed the month’s five-year average by 22.4 percent. Loadings at U.S. quarries totaled 1,332,839 tons, a decrease of 14 percent compared to a year ago, while shipments from Canadian docks totaled 297,242 tons, a decrease of 24.7 percent, LCA said.
NCL Makes Inaugural Call to Cuba
Norwegian Cruise Line’s first ship to sail to Cuba, Norwegian Sky, has made her maiden call in the capital city of Havana. “Today is a momentous day for Norwegian Cruise Line, our guests and our travel agent partners, as we open our doors to Cuba’s natural beauty, warm people and historical treasures,” said Frank Del Rio, president and chief executive officer for Norwegian Cruise Line Holdings, who was on board Norwegian Sky with other NCL executives to celebrate the voyage.
Damen InvaSave BWSM Makes World Premiere
On April 25 Damen’s IMO certified InvaSave ballast water management system (BWMS) received its world premiere in front of an invited audience courtesy of Groningen Seaports at the harbour of Delfzijl and Eemshaven, The Netherlands. This marks the culmination of a seven-year program to develop an effective mobile BWMS for use in ports. The premiere was a joint presentation between Damen Shipyards, the designated operator MariFlex and Groningen Shipyards, as well as Royal Wagenborg.
Chinese Vessels Detained off West Africa for Illegal Fishing
West African countries have detained eight Chinese ships for fishing illegally and the boats' owners could be subject to millions of dollars in fines, environmental…
London P&I Club Reports Increased Free Reserves for 2016/2017
The London P&I Club has issued an advance summary of its result for the 2016/2017 financial year, ahead of the publication of its annual report. The Club recorded an overall surplus of $27.3 million, increasing the free reserve to $188 million. The combined ratio was 97.9 percent. The positive technical performance was supplemented by an investment return of 8.4 percent. Ian Gooch, CEO of the Club’s management team commented…
Baltic Index Sags Again
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for an eleventh straight session on Wednesday as rates across vessels segments weakened.
U.S. FMC Unanimously Rejects Proposed Tripartite Pact
U.S. Federal Maritime Commissioner William P. Yesterday, I voted to reject the Tripartite Agreement proposed by Kawasaki Kisen Kaisha, Ltd. (K Line); Mitsui O.S.K. Lines Ltd.
Wärtsilä 34DF Engines Certified EPA Tier III
Wärtsilä said it has been awarded model year 2017 certification of emissions compliance from the U.S. Environmental Protection Agency (EPA) for its Wärtsilä 34DF dual-fuel engine family. The EPA Tier III certification and the corresponding EIAPP certificate were both issued in March 2017. The Tier III certification of conformity covers the Wärtsilä 34DF engines manufactured from the date of issue until the end of 2017.
Dry Bulk Shipping Remains Positive: Drewry
The outlook for dry bulk shipping remains positive given the shrinking supply-demand gap, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry.
What’s Next for Ballast Water Management?
Latest developments on the entry into force of the Ballast Water Management (BWM) Convention took centre stage at the 8th International Conference on Ballast Water…
DNV GL Eyes Dynamic Risk Assessment
Traditional risk management practices involves operators navigating large static risk reports, in addition to handling massive amounts of data, with a limited timeframe…
Havyard to Build World's Largest Live Fish Carrier
Sølvtrans orders the world’s largest live fish carrier from Havyard. The world’s largest shall, in addition, offer the best fish welfare in the world. The live fish carrier…
AMSOL Bags New Contracts
AMSOL has been awarded a five-year contract by the South African Department of Transport to operate the standby tug utilized as part of state driven proactive marine pollution prevention measures.
Global Ship Lease Report Q1 Financials
The containership charter owner Global Ship Lease (GSL) has reported first-quarter net income of $6.8 million. Its revenue stood at $39.6 mln for the Quarter. Ian Webber…
TMC Compressors for Höegh FSRU
TMC Compressors (TMC) said it has penned a contract with shipbuilder Hyundai Heavy Industries to supply a complete marine compressed air system to a new-build floating storage and regasification unit (FSRU) the South Korean yard is building for Höegh LNG. TMC scope of work includes engineering, manufacturing and supply of a complete compressed air system consisting of 2 x 44 kW service air compressors and 2 x 44 kW control air compressors. The contract value is undisclosed.
Largest Ship To-date Transits Expanded Panama Canal
The 13,092 TEU Neopanamax containership COSCO Development, which measures 366 meters in length and 48.2 meters in beam, today became the largest vessel both in dimension and capacity to transit the Expanded Panama Canal since it was inaugurated in June 2016. Sailing from Asia, COSCO Development will soon become the largest ship to arrive on the U.S. East Coast when it calls at several ports there next week.
Brazil Posts Record Trade Surplus for April
Brazil's trade surplus rose to $6.969 billion last month, government data showed on Monday, a record for a month of April as prices for main exports such as soy, iron ore and oil rose. Exports totaled $17.686 billion and imports $10.717 billion. Economists in a Reuters poll predicted a surplus of $7.03 billion, according to their median forecast, after a surplus of $4.862 billion in April 2016. (Reporting by Silvio Cascione; Editing by Jonathan Oatis)