Port of Oakland Wants Terminals to Get Greener
Oakland’s largest marine terminal operator plans to clear the air using hybrid cargo-handling technology. SSA Terminals said today it will retrofit 13 diesel-powered…
Xeneta Rolls-out Container Shipping Index
Xeneta, the leading ocean freight rate benchmarking and market intelligence platform, is launching a product offering that aims to transform the way shippers, freight…
India's ‘Sagarmala’ Receives Gold Award
Indian Ministry of Shipping’s flagship program for port-led-prosperity ‘Sagarmala’ received the ‘Gold Award’ in infrastructure sector in the recently concluded 52nd Skoch Summit 2018 in New Delhi…
Diana Shipping, BNP Paribas Pact for Five Year Loan Facility
Diana Shipping announced that on June 20, 2018, it signed a term sheet with the French bank BNP Paribas for a five year loan facility of up to US$75 million, subject to loan documentation.
Foss Maritime Centralizes Ops with Helm
Foss Maritime will centralize fleet management and operations with Helm CONNECT. The announcement comes as Foss progresses to better organize and streamline operations across core business units and wholly-owned subsidiaries along the U.S. West Coast, and in Hawaii and Alaska.As part of the agreement with Helm Operations, Foss will centralize its vessel dispatching, billing, maintenance, compliance and personnel management in the Helm CONNECT software platform.“At Foss…
SMS Completes HSC Refit in Cherbourg
SMS, a ship repair and marine engineering service company based in Southampton, has completed its first major high speed craft (HSC) refit in France. Last week, SMS docked the HSC Condor Rapide on the Port Normands Associe’s (PNA) ship lift at the Port of Cherbourg in France.The Rolls-Royce syncrolift is 90m x 32m and offers a 3000T lift capacity. Located just 75 miles from Southampton on the UK's south coast…
NICO International Partners With Cleanship Solutions
As the maritime industry continues to demand cleaner emissions from ships, there will be a proliferation of partnerships designed to get ships in compliance quickly, efficiently.Cleanship Solutions Ltd., UK based company specializing in ballast water management and exhaust gas cleaning retrofit engineering, entered in to a Memorandum of Understanding with NICO International – a UAE based marine and industrial engineering company.With the new alliance in place…
TNPA Focuses on Ship Repair
Transnet National Ports Authority (TNPA) appointed Preston Khomo, previously Richards Bay Port Manager, as Executive Manager: Ship Repair, to manage and administer the organization’s ship repair resources nationally.Thamsanqa (Thami) Sithole has been appointed as the new Port Manager for Richards Bay. Both appointments are effective July 1.Khomo joined TNPA in 2004 as Head of Infrastructure Development…
MOU to Develop Zero-Emission Fuel Cell Power Plant
ABB and Ballard Power Systems signed a Memorandum of Understanding (MoU) on developing the next-generation fuel cell power system for sustainable marine e-mobility.The fuel cell power system, to be jointly designed, developed and validated by ABB and Ballard Power Systems, is anticipated to play a significant part in accelerating the industry-wide adoption of sustainable solutions for marine e-mobility…
Kingston Council Takes Delivery of Damen CSD 350
Kingston District Council, in partnership with the Cape Jaffa Development Group, has recently taken delivery of a Cutter Suction Dredger (CSD) from Damen Shipyards Group. The CSD350 will be used to dredge along the breakwater at Cape Jaffa, the Cape Jaffa marina and within Maria Creek Boat Launch Facility in Kingston. This is the only dredger owned by a South Australian council, and has been the most…
Volvo Penta Unveils Hybrid Marine Propulsion Concept
Volvo Penta unveiled a hybrid concept for its IPS propulsion system with an electric-only mode that allows entry into environmentally sensitive zones, as well as offering enhanced onboard comfort and boat handling characteristics.This closely follows the company's announcement that it will provide electrified power solutions for both land and sea by 2021The IPS hybrid variant will allow boats to operate in the low-and-zero emission zones that are expected to be introduced in the coming years…
Baltic Index Down for Eighth Session
The Baltic Exchange's main sea freight index fell for an eighth straight session on Wednesday, due to weaker demand for capesize vessels.* The overall index, which tracks rates for ships carrying dry bulk commodities, fell 14 points, or 1.1 percent, to 1,309 points.* The capesize index fell 44 points, or 2.2 percent, to 1,942 points.* Average daily earnings for capesizes, which typically transport 170,000-180,000 tonne cargoes such as iron ore and coal, fell by $272 to $16,070.* The panamax inde
Woodside Mulls Texas Sempra LNG Exit
The chief executive officer of Woodside Petroleum Ltd said on Tuesday that Australia's biggest independent oil and natural gas company will soon decide whether to…
Low Water Hampers Germany's Rhine, Danube Shipping
Water levels on the Rhine and Danube in Germany have fallen after recent dry weather and freight vessels cannot sail fully loaded on some sections of the rivers, traders said on Wednesday.
Maersk Line to Comply with U.S Sanctions on Iran
Maersk Line, a part of A. P. Moller-Maersk, acknowledged that the United states has announced it will cease its participation in the joint comprehensive plan of action (JCPOA)…
Russian Arctic LNG Debuts on NSR to Asia
A landmark Russian Arctic liquefied natural gas (LNG) shipment has begun its journey through the Northern Sea Route (NSR) to Asia, marking the delayed start of summer…
Europe to Attract Women Seafarers
European Transport Workers Federation, (ETF) and the European Community Shipowners’ Associations (ECSA) have discussed possible solutions to increase women’s participation…
APM Terminals India Becomes Authorized Economic Operator
APM Terminals India Pvt. Ltd became one of India’s first Inland Service providers to receive the internationally recognized security standard, Authorized Economic…
Europe: Train Gains Ground in Goods Transport
Parties involved in the transport of goods by rail have reached agreement with State Secretary Stientje van Veldhoven on a package of measures designed to make goods…
Expanded Panama Canal Commemorates Two Year Anniversary
In the two years since its inauguration, the Expanded Panama Canal continues to offer record growth across segments and rising trade opportunities around the world.
