IMO Supports Free-flow of Trade
Standardization and harmonization are essential in order to achieve efficient shipping and seamless transport, particularly when it comes to electronic data exchange.
Diana Shipping Signs TC Contract for m/v Baltimore with Koch
Diana Shipping through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping, Singapore, for one of its Capesize dry bulk vessels, the m/v Baltimore.
Orbit Wins Naval Satcom Systems Order
Communications company Orbit Communications Systems Ltd. announced today that a major Asian Navy ordered Orbitâs maritime satcom systems totaling approximately $1.1 Million.
Fuel Leak Caused Caribbean Fantasy Fire -NTSB
Leaked fuel that contacted a hot surface in the engine room was determined to be the immediate cause of a fire that burned for three days aboard the auto and passenger vessel Caribbean Fantasy in August 2016.According to the National Transportation Safety Board (NTSB), who reported their findings Tuesday, the fire started in the main engine room of the 614-foot long, Panamanian-flagged vessel, whenâŠ
CMA CGM Signs MoU to Drive Digitalization in Shipping
CMA CGMâs Ze Box and PSA unboXed have signed a Memorandum of Understanding (MoU) to drive digitalization and innovation in the shipping and supply chain ecosystem.Ze Box is CMA CGMâs corporate venture capital arm that invests in startups with innovations that bring strategic value to the CMA CGM Group, while PSA unboXed is PSA Internationalâs external innovation and corporate venture capital arm. The collaboration builds on the commercial partnership between CMA CGM Group and PSA InternationalâŠ
ABB Turbocharging Service Point to Open at MMS' Limassol Shipyard
ABB Turbocharging and Multimarine Services Ltd (MMS) have agreed an ABB Turbocharging Service Point will open at the MMS shipyard facility at Limassol Port, Cyprus.The dealâŠ
Videotel Adds Online Training and Multi-device Support
KVH Videotel has announced a major update to Videotel Performance Manager (VPM) to now include fully integrated online training, making its content available wheneverâŠ
Polarcus Scoops 3D Marine Seismic Project
Seismic vessel owner Polarcus Limited said it has been awarded an XArray 3D marine seismic acquisition project.The project duration is for up to 10 vessel monthsâŠ
IMCA Updates Guidance on Shipyard Safety
The International Marine Contractors Association (IMCA) has updated its âGuidance on Safety in Shipyardsâ IMCA HSSE 032, IMCA M 221. The document provides guidance to vessel owners and operators when preparing contracts and procedures for vessel dry docking or extended maintenance periods alongside in a shipyard.Originally published in 2013, the revised document addresses traffic management in shipyards.Nick HoughâŠ
Blount, MAPC Ink Deal for Building South Boatsâ CTV Designs
Rhode Island shipyard Blount Boats, Inc. said it has signed a sublicense agreement with Marine Applied Physics Corp. (MAPC) of Baltimore, Md., for the building of crew transfer vessels (CTV) designed by U.K. builder South Boats.South Boats has designed and built approximately 30 percent of the wind farm crew transfer vessels operating on European windfarms, and Blount Boats has held the U.S. license for the firmâs designs since 2011.In 2016âŠ
Athina Maritime Selects New Maritime Simulators
The Athina Maritime Learning and Development Center, which has been recently established as the exclusive maritime training organization for Minerva Marine Inc. ship management company based in Athens, has signed an agreement with Kongsberg Digital for the supply of new state-of-art bridge, engine room and cargo handling simulators.A dynamic portfolio of simulator-based courses designed to leverageâŠ
Globecomm Boosts Presence in Greece and Cyprus
Maritime connectivity services provider Globecomm has appointed J&E Papadopoulos as its new representative to the Greece and Cyprus shipping markets.J&E Papadopoulos will provide sales and marketing services locally as well as pre- and post-sales support, installation, commissioning and technical services for Globecomm Maritime products in the region.Established in Piraeus in 1968, J&E Papadopoulos SA is a distributor of marine spare parts, representing numerous European and U.S.
PDVSA Raises Prospect of Force Majeure on Oil Exports
OPEC member Venezuela has raised the prospect of declaring force majeure on contracts with major crude buyers amid plummeting output from its oil fields and tanker bottlenecks at ports, according to three sources familiar with the matter.Falling production from Venezuela has contributed to a rally in global oil prices to a near four-year high, and other OPEC members may boost output at a meeting laterâŠ
Famous Crab Fishing Boat Gets a New Crane
Captain Sig Hansen has been fishing crabs in Alaska aboard the F/V Northwestern for more than 30 years. In 2005, Discovery Channel aired the documentary TV show âDeadliest Catchâ, which portrays real life aboard fishing vessels in the Bering Sea. Since then, he has been one of the most charismatic characters of the globally watched TV show.In April 2018, PALFINGER MARINE received a purchase order fromâŠ
Techcross Awarded USCG BWMS Type Approval
The U.S. Coast Guard Marine Safety Center issued the seventh U.S. Coast Guard Ballast Water Management System Type Approval Certificate to Techcross, Inc., afterâŠ
LR Grants AiP for Dual-fuel Bulker Design
Lloyd's Register presented Approval in Principle (AiP) to Shanghai Waigaoqiao Shipbuilding Co., Ltd (SWS) for its liquefied natural gas (LNG) dual-fueled Newcastlemax 210,000 DWT bulk carrier design during a ceremony this week at the Posidonia 2018 trade show in Greece.SWS and LR have agreed to jointly develop the bulk carrier design, which is based on an existing conventional bulk carrier design and updated to incorporate LNG propulsion.LR provided assistance and supportâŠ
Shell Launches New Engine Oil for Tugs and Fishing Vessels
Shell Marine is launching Shell Marine 40, an engine oil for use in high-speed diesel engines in the fishing and tug boat segments.Shell Marine 40 has been formulated to react to the combustion processes that take place in high-speed engines, giving added protection and extended machinery life to vessels whose unavailability can have disproportionate cost consequences further along the supply chain.Fuel is one of the largest vessel operating costsâŠ
YM Efficiency Docks in Sydney after Losing 83 Containers at Sea
A Taiwan-owned cargo ship docked safely in Sydney on Wednesday after losing 83 containers off the coast of Australia during a massive storm which saw the ship batteredâŠ
Baltic Index Up On Stronger Capesize Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday as capesize rates jumped to their highest in almost three weeks.* The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose for a fifth consecutive session and was up 91 points, or 7.3 percent, at 1,340 points.* The capesize index, which was also up a fifth straight session, gained 253 points, or 13.8 percent, at 2,088 points.* Average
EU Plans to Hit US Imports with Duties from July
The European Union expects to hit U.S. imports with additional duties from July, ratcheting up a transatlantic trade conflict after Washington imposed its own tariffs on incoming EU steel and aluminium.EU members have given broad support to a European Commission plan to set 25 percent duties on up to 2.8 billion euros ($3.3 billion) of U.S. exports in response to what is sees as illegal U.S. action. EU exports that are now subject to U.S.
