Mexican Navy, Damen to Build Naval Ships
Damen Shipyards Group and the Mexican Navy, via the Directorate General of Shipbuilding, are currently working together to build the Long Range Ocean Patrol (POLA (from its initials in Spanish)), the most technologically advanced vessel in Latin America. With this, the Mexican Navy will join the long list of navies around the world that have Damen Schelde Naval Shipbuilding vessels in their fleets.
Migrants Rescued by Boxship Land in Sicily
More than 100 rescued migrants from private cargo ship Alexander Maersk, picked up off the coast of southern Italy on Friday, arrived in the southern port of Pozzallo in Sicily on Tuesday.
Suez Canal Seeks 300 mln euro Loan
Egypt's Suez Canal Authority is seeking a 300 million euro ($350.19 million) loan from Gulf banks, three senior banking sources told Reuters on Tuesday. The loan…
Expedition Cruising: Full Speed Ahead in China
Talk of trade wars and politics aside, attention should be paid to a growing relationship between U.S.-based SunStone Ships, Inc. and Chinese shipyard China Merchants Heavy Industries in Haimen, China, as the pair is quietly growing a cruise shipbuilding business in China. Sunstone announced that on June 12, 2018, the keel was laid for the first Infinity Class vessel Greg Mortimer, the first in a series…
Trafigura Strikes 3-year LNG Deal from U.S. Project
Commodity trader Trafigura on Tuesday said it agreed to buy 0.5 million tonnes of liquefied natural gas (LNG) annually over three years from the Freeport LNG export plant in the United States.
Shippers to Support Seafarers’ 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 Shipowners’ Associations…
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 company’s 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 ‘Day of Seafarer 2018’
In conjunction with the ‘Day of Seafarer 2018’, Jurong Port (JP), the Maritime and Port Authority of Singapore (MPA), Port of Singapore Authority (PSA), the Singapore Maritime Officers’ Union (SMOU)…
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 Jetty…
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 it’s a tough…
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 vessel’s course and assist…
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 Oxford…
SC Ports CEO Sounds Off on Southern States Chassis Pool
“The 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 propulsion…
U.S. Yards: Competing – and Winning – 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 patrol…
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 8…
