Dry Bulk Rates Edging Higher
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, inched higher on Tuesday, propped up by a rise in panamax and supramax vessel rates.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up three points, or about 0.2 percent, at 1,390 points.The capesize index fell 23 points, or 1.1 percent, to 2,068 points.Average daily earnings for capesizes, which typically transport 170,000-180,000 tonne cargoes
ONE’s First Magenta Newbuild Delivered
A naming ceremony was held Monday at Japan Marine United Corporation’s (JMU) Kure shipyard for the first newly built containership painted in Ocean Network Express' (ONE) corporate color.The new magenta box ship, named ONE Stork, is the 10th of 15 new 14,000 twenty-foot equivalent unit (TEU) vessels ordered by Nippon Yusen Kabushiki Kaisha (NYK). It will be chartered by Singapore-based ONE, which began…
EnBW, Trident Winds JV for Offshore Wind Project in California
EnBW Energie Baden-Württemberg AG is continuing its strategy of capturing growth in new international markets in the renewable energy sector. Following its recent entry into Taiwan…
Tomoko Konishi Becomes First Woman Captain in NYK
A deck officer named Tomoko Konishi became the first woman in Nippon Yusen Kabushiki Kaisha (NYK)’s 132-year history to be promoted to the rank of captain.Konishi…
Merchant Navy Training Board achieves ISO Certification
The Merchant Navy Training Board (MNTB) has achieved ISO 9001:2015 certification, the international standard that specifies requirements for a quality management…
WISTA Japan Re-launched
Women’s International Shipping and Trading Association (WISTA) has announced the re-launch of WISTA Japan. "We are delighted to welcome Japan back to our WISTA family.
Kalmar FastCharge Shuttle Carrier at DP World London Gateway
Kalmar, part of Cargotec, and DP World London Gateway are celebrating the successful introduction into service of an electrically powered Kalmar FastCharge(TM) shuttle carrier…
Damen Shiprepair Dunkerque Completes Project
Damen Shiprepair Dunkerque (DSDu) has completed an eight-day refurbishment project for the 132-metre DP2, self-propelled, jack-up vessel Sea Installer. Operated by A2SEA…
International Maritime Law Institute Graduation Ceremony
International Maritime Organization (IMO)’s globally recognized training centre, the IMO International Maritime Law Institute (IMLI), has held its 29th annual graduation…
Algeria Extends TFT Gas Field License
Sonatrach, Total, Repsol and Alnaft (the National Agency for the Valorisation of Hydrocarbon Resources), have signed a new concession contract for a period of 25…
International Chamber of Shipping Concern over Italian Policy on Migrants
International Chamber of Shipping (ICS) is deeply concerned about the apparent new policy of the Italian Government to close its ports to migrants rescued by vessels operated by humanitarian NGOs.
LNG Trade Grew 10% in 2017 -EIA
Global liquefied natural gas (LNG) trade grew by 10 percent last year due primarily to growing liquefaction capacity in the Australia and the United States, the U.S. Energy Information Administration (EIA) said on Monday.LNG trade reached 38.2 billion cubic feet per day (bcfd) in 2017, up 3.5 bcfd from 2016 and the largest annual volume increase on record, the EIA said, citing the Annual Report on…
Metal Shark Acquires Horizon Shipbuilding Assets
Louisiana-based shipbuilder Metal Shark said it has acquired the assets of Alabama-based Horizon Shipbuilding, which filed for Chapter 11 bankruptcy protection in October 2017.Metal Shark will assume ownership of Horizon’s fully developed 35-acre shipbuilding facility in the Mobile Bay region, following a motion approved by the U.S. Bankruptcy Court Southern District of Alabama on June 5, 2018.The Horizon facility…
Mobile System Used for Treating Ballast Water
Glosten and Global Diving & Salvage say they have used a mobile system to treat ballast water on board a 350-foot marine vessel moored in Coos Bay, Ore.The firms deployed the Glosten Ballast Responder successfully treating all 3,990 tons of ballast water on board. The contingency response team deployed from Seattle the morning of May 21 and certified all ballast water on board as safe for discharge by the evening of May 23.“The system and team performed very well…
US Navy’s LCS 11 Completes Acceptance Trials
One of the U.S. Navy’s newest Freedom variant littoral combat ships (LCS) completed its final significant milestone before its scheduled summer delivery with the conclusion of acceptance trials at the end of May.On May 25, the future USS Sioux City (LCS 11) wrapped up a series of graded in-port and underway demonstrations on the Great Lakes for the Navy's Board of Inspection and Survey. During the trial…
A Post-casualty Rush to Judgment Can be Costly
It was a warm and sunny early summer morning in an increasingly popular and typically busy domestic harbor. And, not surprisingly, the water and waterfront were crowded with commercial and private vessels of every description. From a slowly moving tug/barge combination, a working dredge and a small tanker delivering fuel on the more industrial side of the harbor, to numerous water taxis, sightseeing boats and larger catamaran ferries…
Fuels, Lubricants & Green Marine
International Maritime Organization (IMO) fuel rules entering force in 2020 mandate a drastic sulfur reduction. By 2050 the mandate is to cut greenhouse gas emissions of shipping by at least 50 percent.Marine fuels, lubricants and additives manufacturers play their part in establishing maritime’s green credentials by introducing new environmentally acceptable technologies and products.The shipping…
Rolls-Royce Inks Largest Ever Fishing Vessel Contract
Rolls-Royce Marine said it has signed a contract with Thoma-Sea Marine Constructors, L.L.C. in Louisiana for the development of a 100-meter-long trawler to be built for the Seattle based company Arctic Storm Management Group, LLC.In addition to being the largest fishing vessel contract to date for Rolls-Royce with a value of about £15 million, it also marks the first Rolls-Royce fishing vessel concept to be built at a U.S.
Volvo Penta Going Full Charge into Hybrid & All-electric Drivelines
Aiming to become a driving force in sustainable power solutions, Volvo Penta says it is going full charge into hybrid and all-electric drivelines, offering electrified solutions in both its marine and industrial segments by 2021.Volvo Penta’s chief technology officer, Johan Carlsson, and system engineer, Karin Åkman, discussed innovation for electromobility at the company’s new development-and-test laboratory in Gothenburg.By 2021…
BC Ferries’ Spirit of British Columbia Converted to LNG
Spirit of British Columbia, one of two BC Ferries vessels that will use liquefied natural gas (LNG) as fuel, has finished conversion at the Remontowa Ship Repair Yard S.A. in Gdansk, Poland and has returned to service for the Canadian operator.The 1993-built ro-pax ferry Spirit of British Columbia was the first to undergo conversion while its sister vessel, the Spirit of Vancouver Island, is expected to complete conversion during the spring of 2019.
