TORM Orders MR Tanker Trio at GSI
Danish ship owner TORM exercised options for the construction of three MR newbuildings at Chinese shipyard Guangzhou Shipyard International (GSI) for expected delivery in 2019 through first quarter of 2020. The three newbuilds will cost $93 million. TORM said it has secured commitment for vessel financing of up to $63 million from KfW and ABN AMRO, subject to loan documentation. “The vessels are attractively priced when comparing to the current market…
FLIR Helps Keep One of Canada’s Largest Ports Safe
As Canada’s second largest container port and North America’s fastest growing port for transpacific trade, the Port of Prince Rupert in British Columbia is committed to providing mariners with safe, efficient and productive port operations. To ensure the port operates safely and securely, rotating crews work day and night aboard the Charles Hays patrol boat, a vessel fitted with a full complement of FLIR thermal and Raymarine navigation technologies.
Macquarie, Goldman Sachs to Buy HES International
Infrastructure funds managed by Macquarie and Goldman Sachs have agreed to buy Dutch port terminals operator HES International from owners Riverstone and The Carlyle Group, they said on Tuesday.
Lessons Learned from the El Faro Casualty
The U.S. Coast Guard has issued an alert informing operators of the role that the main propulsion lube oil system was found to have played in the 2015 sinking of U.S. cargo ship El Faro. All 33 crew on board died when the 790-foot El Faro sank close to the eye of Hurricane Joaquin near the Bahamas on October 1, 2015, while en route from Jacksonville, Fla. to Puerto Rico. Loss of propulsion during extremely heavy weather was revealed as a major contributing factor to the vessel’s sinking…
Torqeedo Powers Electric Workboat Fleet in China
The City of Suzhou in eastern China has deployed a fleet of electric workboats powered by Torqeedo motors as part of a program to clean up its canals and waterways. The ancient city of Suzhou, located in Jiangsu Province near Shanghai, is home to more than 10 million people. Often called the “Venice of the East” the 2,500 year old city is noted for its many canals, rivers, lakes, ancient stone bridges, pagodas and gardens.
Plibrico, NMBS Partner for Cruise Ship Repair
Plibrico, an industry leader in monolithic refractories, and maritime repair specialist Nordic Made Boiler Services, Inc. (NMBS), announced a global strategic partnership to deliver retrofit supplies and services to the world's cruise ship operators. With the partnership, NMBS will use Plibrico's Plico brand refractories in the retrofitting of cruise ship boilers and waste incinerators needed to ensure passenger safety and comfort.
Goltens Bolsters Middle East and India Teams
Several senior staff members have stepped up in the latest round of promotions at Goltens Worldwide. Goltens appointed Pravin Kirolikar to the position of Managing Director of Goltens Dubai. Kirolikar makes the move from Goltens India, where he served as Managing Director for eight years. Starting his career as a professional marine engineer, Kirolikar sailed for 13 years before going ashore to work as a marine surveyor for the Indian Register of Shipping.
Baltic Index Slumps On Weaker Vessel Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Tuesday to eight-month lows as rates dropped across vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 39 points, or 3.7 percent, at 1,016 points, its lowest since Aug. 2, 2017. "The current weakness is not particularly surprising – the real surprise is that the weakness comes this late…
Indonesia to Postpone New Coal, Palm Oil Shipping Rules to 2020
Indonesia will postpone until 2020 trade rules requiring exporters of coal and crude palm oil to use only Indonesian-flagged vessels, Industry Minister Airlangga Hartarto said, among efforts to increase foreign exchange reserves. The rules, due to take effect this month and intended to boost the archipelago's shipping industry, were initially postponed in February after raising concerns in coal and palm oil industries over the availability of local vessels.
Boreas Maritime Names Bounin Operations Director
Netherlands based full-service crewing agency Boreas Maritime has appointed Pascal Bounin as Operations Director as the company ramps up for projected growth from 2018 and beyond. In addition, Eric Nijman has been named Senior Account Manager. Both men joined the company April 1, 2018 and bring professional experience in the crewing industry to their roles at Boreas Maritime. “There couldn’t be a better time for Boreas Maritime to add both Bounin and Nijman to the team…
UN Sanctions North Korean Ship for Illegal STS Oil Transfer
The United Nations has blacklisted a North Korean ship for receiving oil in an October transfer that breached U.N. sanctions, as first revealed by Reuters. Reuters…
Fishing Vessel Repowered after Big Hours
After 60,000 hours of service, crab fisherman Robert Ross decided that his 19-liter Cummins 1150M had earned a rest. The 500 HP engine had been a perfect match for his 72- by 26-foot aluminum boat so he ordered up a new Cummins KTA19-M3 at 500 HP, continuous duty, from his local supplier Cummins Sales and Service in Fredericton, New Brunswick, in eastern Canada. Ross had his well-maintained 39-year-old boat, the Kara-Matt, hauled out at a shipyard and Dugas Equipment Ltd.
COSCO's OOCL Acquisition to Complete by End-June - vice chairman
Deal waiting for green light from CFIUS, China regulators; COSCO says keeping close eye on US-China trade tensions. COSCO Shipping's planned acquisition of Orient…
USCG Medevacs Elderly Cruise Ship Passenger
The U.S. Coast Guard medevaced an 81-year-old man from the cruise ship, Norwegian Getaway, Monday approximately 44 miles southeast of Marathon, Fla. The crew of…
ABS Unveils e-Certificates
ABS announced the launch of e-Certificates. Continuously available, tamper-proof, independently verifiable and secure digital equivalents of traditional ABS paper certificates…
HII, KBR to Manage Aussie's Naval Shipbuilding College
Huntington Ingalls Industries announced that Australia’s Department of Defence has awarded a contract to Naval Shipbuilding Institute (NSI), a joint venture between…
Boskalis to Build Singapore's First Polder
Royal Boskalis Westminster N.V. said it has received a Letter of Award from the Housing & Development Board of Singapore for the development of a polder at the north western tip of Pulau Tekong.
Balearia’s 1st LNG-Fueled Ferry Hits the Water
Spanish shipping company Baleària Eurolínias Marítimas (Balearia)’s first of two liquefied natural gas (LNG)-fuelled ferries, Hypatia de Alejandría, has been floated…
General Dynamics NASSCO Builds Second Matson Containership
General Dynamics NASSCO has started construction on the second ship in a two-ship series of Kanaloa-class containerships for Matson Navigation Company, Inc. Construction…
ONE Stakeholders Announce Completion of Investment Payment
Japan's Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines, Ltd., and Nippon Yusen Kabushiki Kaisha have announced the completion of payment for investment in their…
