Cargo Ship Collides with Dock in Rosario
A cargo ship collided with a dock on the Parana River in Argentina's grains hub of Rosario on Wednesday, causing a slowdown of activity at terminal 6 in the port…
Subsea 7: Offer Could Change if McDermott Cooperates
Norwegian offshore oil services firm Subsea 7 is open to potentially sweetening its $2 billion offer for McDermott if the U.S. company would work with it to identify additional benefits of a deal…
Meyer Turku Delivers for TUI Cruises
TUI Cruises’ new 315 m flagship was delivered today from Finnish shipbuilder Meyer Turku.The fifth Mein Schiff cruise ship to be built by Meyer Turku for German owner TUI Cruises, the new Mein Schiff 1 is based on a new design created as an evolution from the existing Mein Schiff series.The builder’s architecture and engineering team, working together with TUI Cruises and its architects, used the previously…
Keppel to Deliver SE Asia's First LNG-powered Tug
Singapore-based Keppel Corp said on Wednesday its offshore rig-building unit is on track to deliver in May what the shipbuilder said will be the first tugboat in…
Euronav Freight Rates Sag in Challenging Market Conditions
Belgian tanker operator Euronav's average spot rates for its very large crude carriers (VLCCs) fell 53.8 percent to $18,725 per day in the first quarter, as challenging…
Glosten Taps Fanberg as President
Seattle-based naval architecture and marine engineering consultancy Glosten has appointed Morgan Fanberg, PE as president.Fanberg, who has over two decades of experience with the firm, will succeed Glosten’s fifth president, John Springer III, PE.Fanberg has led Glosten’s Marine Engineering Group since 2009 and was instrumental in growing the firm’s mechanical capabilities and leading the development of the firm’s Electrical Engineering Group.
EPA Announces Funding to Reduce Diesel Emissions
Preference given to fleets in areas facing air quality challenges. The U.S. Environmental Protection Agency (EPA) announced the availability of grant funding to…
Baltic Exchange Launches Escrow Service for Vessel Sales
The Baltic Exchange announced it will launch an Escrow Service for its members to hold deposits for ship sale transactions.The paid-for service will be available from May 2018 for use in transactions where the buyer of the vessel is a Baltic Exchange member. The service will cost $5,000 per side and is likely to be extended to disputes related payments, the Baltic Exchange said.The Escrow Service will…
Baltic Exchange Developing Container Shipping Index
London's Baltic Exchange is developing a container shipping index with Hong Kong-headquartered group Freightos in another sign that the centuries-old business is moving into new markets.
Photo of the Week
View from the foremast to the bow of container vessel Cap San Antonio entering the port of Le Havre, France.Herbert Boettcher took this photo for Hamburg Süd when he traveled on the container ship Cap San Antonio from Europe to South America and back to Hamburg. Boettcher started with his worldwide long time project Seamotion in 2004.Boettcher is a German professional photographer working worldwide for shipping companies to create photos of merchant ships with his unique visual language.
Ampelmann Opens Hamburg Office
Ampelmann has opened its first office in Germany, in response to growing business in the offshore wind sector. The new base, located in Hamburg, will be led by Tim Börner, who has been appointed as Business Development Manager Offshore Wind Germany for Ampelmann. Mr Börner joins the company from Global Renewables Ship Brokers GmbH where he most recently held the role of Offshore Shipbroker for more than five years, focusing on the offshore wind market.
OOCL Partners with Microsoft for AI Project
Hong Kong-based shipping company Orient Overseas Container Line Limited (OOCL) has partnered with Microsoft’s research arm to improve network operations and achieve efficiencies within the shipping industry through applied Artificial Intelligence (AI) research.The partnership, between OOCL and Microsoft Research Asia (MSRA), will apply deep learning research to shipping network operations with a projected $10 million annual operational cost saving.
China-bound US Sorghum Diverted to Saudi Arabia, Japan
Four U.S. sorghum shipments initially bound for China have been diverted to other countries after Beijing's move last week to impose hefty anti-dumping deposits on imports of the grain from the United States, according to trade sources and Reuters shipping data.Three of the cargoes are now sailing for Saudi Arabia after being sold to a private buyer, a U.S. trader and a Middle East-based trading source with knowledge of the matter said Tuesday.
Ballast Water Equipment Manufacturers’ Association Formed
Manufacturers and stakeholders in the ballast water treatment equipment market have codified a unified manufacturers’ association.The Ballastwater Equipment Manufacturers’ Association (BEMA) met on April 19, 2018 for their first Annual Meeting and elected the inaugural Board of Directors.According to the group, the need for this association arose from the growing demand for well-founded information on the practicability of ballast water treatment technologies…
Interview: Bourbon CEO Gael Bodénès
Bourbon Corporation CEO Gael Bodénès & his team plot a bold new course for this offshore industry stalwart.Your career with Bourbon has traversed many industry fluctuations. Looking back to when you joined the company, how is Bourbon today most the same, and most different?Bourbon has transformed from a small regional company to a world recognized leader in offshore marine services. It has seen its teams grow from a 3…
Tugboats & Vessel Response Plans
Traditionally, tugs and towboats (hereinafter tugs) have largely been uninspected vessels of the United States. They were subject to basic examinations by the U.S. Coast Guard, but the standards were little higher than those applicable to recreational craft. These tugs were also subject to examination by the Occupational Safety and Health Administration (OSHA). The OSHA examinations were rare, but when they took place any violations found could be costly.
#BTC100 History
In 2015, Bouchard Transportation Co. appointed Brendan J. Bouchard (son of President & CEO, Morton S. Bouchard III) as the company’s VP of Sales & Operations, firmly establishing the fifth generation of the Bouchard family as being an integral part of the Company. Also that same year, BTC christened ATB unit M/V Kim M. Bouchard and B. No. 270 in New Orleans.The July 2018 edition of Maritime Reporter & Engineering News will feature a special “Bouchard Transportation Co.
Baltic Exchange Sets Out New Code of Conduct
The Baltic Exchange said it will introduce a new code of conduct for shipowners, charterers and shipbrokers using the physical shipping and freight derivatives markets.Following a detailed review of the current arrangements led by law firm Norton Rose Fulbright with oversight by the Baltic Exchange Council and the Baltic Membership Council, the New Baltic Code has been drafted to bring together a set…
Dellner Brakes Goes Global for IMX 2018
Dellner Brakes will present a global product range at this year’s Inland Marine Expo (IMX) in St Louis, bringing together power transmission products from its U.S., Swedish and German operations for the very first time.This global product offering follows on from the Swedish company’s acquisition of U.S. brake and clutch specialist Gummi USA in September 2017 and German braking manufacturer Pintsch Bubenzer in January this year.Dellner Brakes CEO…
CSSC Nanjing Luzhou, MacGregor Start Joint Venture
MacGregor, part of Cargotec, and China State Shipbuilding Corporation's (CSSC) Nanjing Luzhou Machine Co., Ltd. (LMC) celebrated the opening of a new joint venture in Nanjing, China on April 10. With common efforts from both parties, the joint venture will be gradually developed to be the center of excellence for air compressors. The cooperation will be expanded step by step to cover other suitable…
