Shippers to Support Seafarersâ Mental Health Needs
Monday 25th June marked the IMO Day of the Seafarer, which this year has a particular focus on seafarer well-being. In response, members of the European Community Shipownersâ AssociationsâŠ
Pacific Basin Closes USD 325 mln Credit Facility
Hong Kong-based dry bulk shipping company Pacific Basin has closed a USD 325 million 7-year reducing revolving credit facility secured over 50 of the companyâs owned ships.
Port of Rotterdam Prevents Further Spread of Oil Spilled
A serious water pollution incident occurred on Saturday 23 June 2018 in the Derde Petroleumhaven in the Botlek area of the Port of Rotterdam. A large amount of heavy fuel oil spilled into the water.
Singapore Celebrates âDay of Seafarer 2018â
In conjunction with the âDay of Seafarer 2018â, Jurong Port (JP), the Maritime and Port Authority of Singapore (MPA), Port of Singapore Authority (PSA), the Singapore Maritime Officersâ Union (SMOU)âŠ
MOL's FSRU Challenger for Hong Kong LNG Terminal Project
Mitsui O.S.K. Lines (MOL) announced that MOL, has entered into a preliminary agreement to supply a Floating Storage and Regasification Unit (FSRU), as well as JettyâŠ
UN Spotlights International Day of the Seafarer 2018
Seafarers are the unsung heroes of shipping, the industry on which everyone, everywhere relies for the goods and commodities we all need and want. But itâs a toughâŠ
World Shipping Council Says SAR is Shared Responsibility
The containership Alexander Maersk picked up 113 migrants after a request by the Maritime Rescue Coordination Centre in Rome to change the vesselâs course and assistâŠ
Scorpio Tankers Sells, Leaseback Four Tankers
Scorpio Tankers Inc announced that it has agreed to sell and leaseback two MR product tankers (STI Gramercy and STI Queens) and two LR2 product tankers (STI OxfordâŠ
SC Ports CEO Sounds Off on Southern States Chassis Pool
âThe South Atlantic Chassis Pool was formed in 2006 as a way to more efficiently handle the provision of chassis for the movement of containers in the Southeast.
BNSF: Crude Rail Service Could Resume Tuesday
BNSF Railway Co on Monday said it could resume service Tuesday on a stretch of northwestern Iowa track damaged when a train left the track and crude oil spilled from derailed cars.
Robert Allan Announces New Tug Design
Gökçay, the first RApport 1600-SX tug, was run through its paces by her builders, Sanmar Shipyards, in late May and showed excellent performance in all respects. The new steel twin screw harbor tug is designed for high performance at a competitive cost. It has increased beam for better stability and excellent visibility in all directions from the compact wheelhouse. Conventional twin screw propulsionâŠ
U.S. Yards: Competing â and Winning â Here and Across the Big Pond
Louisiana-based Metal Shark powers into the second half of 2018 with a healthy backlog, multiple recent deliveries into foreign markets, and a portfolio of patrolâŠ
Kongsberg, Robert Allan Drive the Future of Marine Firefighting
The first vessel in the series will be the 20 meter RALamander 2000, featuring FiFi1 capability, pumping capacity of 2400 m3/hour and with optional foam capabilities.
Europe Distillates-Cracks Rise Despite Wave of Imports
Benchmark diesel barge refining margins in northwest Europe rose at the start of the week despite plentiful imports from Asia, the Middle East and the United States.
SSY Atlantic Capesize Index Up 293
Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index rose by 293 points in the week ending Monday to 8,038.The SSY Atlantic Capesize Index retreated by 293 points last week to 8âŠ
Ballast Water Testing: B-QUA Test Kit
Maritech Ltd. signed a sales and distribution agreement with French water microbiology company aqua-tools to meet âsignificant interestâ in onboard ballast water testing from Greek shipowners.The agreement, which covers the training and supply of aqua-toolsâ B-QUA test kit, was inked during the Posidonia 2018 event, in early June.âGreek shipowners are looking at the use of indicative-based monitoring as a means of assessing the efficiency of their shipsâ ballast water treatment systemsâŠ
Offshore Energy: LR Supports Mozambique FLNG Project
The scope of work that LR is undertaking covers design, procurement, certification, construction, integration and commissioning, as well as providing classification services under a risk based inspection regime to the FLNG when it enters into service in 2022.The Coral South field is being developed by Eni in Area Four of the Rovuma Basin, off the coast of Mozambique. The floating liquefied natural gas (FLNG) unit will be Africaâs first floating gas facility.
Damen Debuts Next-Gen in Harbor Towage
With the presentation of the RSD Tug 2513, on June 25th, at the ITS 2018 in Marseille, France, Damen introduces its next generation ship-handling tugs. Composed of a mix of new designs and a further evolution of existing designs, this next generation series is built on a solid foundation. New and proven technologies are combined and applied in a modular way, to achieve the best balance in flexibility with high value for money over the entire lifecycle.
Baltic Index Edges Down
The Baltic Exchange's main sea freight index fell for the sixth straight session on Monday, dragged down by softer demand across vessel segments.* The overall index, which tracks rates for ships carrying dry bulk commodities, fell 8 points, or 0.6 percent, to 1,333 points. The index fell 7.2 percent last week.* The capesize index fell 10 points, or 0.5 percent, to end at 2,001 points.
Vard to Build Three Coast Guard Vessels for NDMA
Vard Holdings Limited won a contract to build three coast guard vessels for the Norwegian Defense Materiel Agency (NDMA) in Norway. The value of the contract exceeds $616.5m.The Norwegian Government had originally announced plans for the construction of three new coast guard vessels in September 2016. Following review of offers from three competing yards, Vard Langsten was selected to continue negotiations in October 2017.
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