BMW Car Engine to Become a Marine Outboard
BMW’s twin turbo, three-liter diesel engine may soon be taking to the water.A pilot study looking for ways to convert the popular car engine for marine use is being carried out by product development specialist Semcon in cooperation with engine manufacturer Cimco Marine.Together, the firms seek to modify and adapt BMW’s three-liter turbo diesel engine for professional marine use, producing the world’s…
ExxonMobil Rolls Out New Hydraulic Oils
ExxonMobil said its new Mobil SHC Aware HS (Hydraulic System) Series hydraulic oils are specially formulated to offer excellent protection, even in marine operating environments. The oils meet the U.S. Vessel General Permit (VGP) requirements for Environmentally Acceptable Lubricants, making them suited for operators in U.S. inland and coastal waters.According to ExxonMobil , the new oils’ balanced formulation helps to offer a range of performance benefits…
US Questions COSCO's Long Beach Terminal Takeover
A U.S. national security review has raised concerns about a takeover by China's COSCO Shipping Holdings Co of a large container terminal in Long Beach, California, the Wall Street Journal reported on Friday.The terminal is part of COSCO's planned $6.3 billion deal to buy shipping firm Orient Overseas International Ltd (OOIL) , the Journal reported, citing people familiar with the matter.COSCO executives…
Tanker Spills Oil in Louisiana
A Dutch flagged product tanker has reportedly discharged 2,600 gallons of heavy fuel oil into the Mississippi River near Norco, La., Monday. The cause of the spill is under investigation.The U.S.
USS Portland Commissioned
The U.S. Navy commission its newest amphibious transport dock ship during a ceremony Saturday, April 21, at the Port of Portland, Marine Terminal 2 in Portland, Ore.Built by Ingalls Shipbuilding in Pascagoula, Miss., USS Portland (LPD 27) is the 11th ship in the San Antonio class designed to support embarking, transporting, and landing elements of more than 800 Marines with both a flight deck, which accommodates CH-53E Sea Stallion…
Video: Tugboat Captain Medevaced
The U.S. Coast Guard medevaced an ailing tugboat captain Sunday from the vessel Willy Landers one mile east of Satellite Beach, Fla.Coast Guard watchstanders in Jacksonville, Fla. received a call from a crewmember of the 75-foot towing vessel at approximately 12:30 a.m., stating the 53-year-old captain was experiencing heart attack symptoms.A Coast Guard helicopter crew arrived on scene at 3:15 a.m., hoisted the captain and transported him to Holmes Regional Hospital.
Attollo Bags Multimillion Jack Up Deals
Attollo Offshore has heralded Q2 by signing multiple multi-million dollar jack up contracts within the oil and gas and renewable energy sectors. The contracts will…
Tanker Rescues Castaway in South China Sea
Mitsui O.S.K. Lines, Ltd. announced that on April 14, 2018, the MOL-operated/managed crude oil tanker Altair Trader rescued a castaway in the South China Sea.At 19:10 local time on April 14…
Trump's Revenge: US Oil Floods Europe, Hurting OPEC, Russia
U.S. supplies to Europe set for all-time high in April; on course to overtake Russia, Saudi. As OPEC's efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits - and flooding Europe with a record amount of crude. Russia paired with the Organization of the Petroleum Exporting Countries last year in cutting oil output jointly by 1.8 million barrels per day (bpd), a deal they…
Baltic Index Near 15-week High
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday to near 15-week highs, boosted by rising rates for capesize vessels.
SSY: Atlantic Capesize Index Gain by 2,041 Points
Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index down by 2,041 points in the week ending Monday to 7,323. "Led by gains on trans-Atlantic routes,…
Alfa Laval's Volume, Profit Both Beat Street
Engineering group Alfa Laval reported quarterly earnings and order intake above market expectations on the back of an upturn in the oil and gas sector on Monday…
China's First Home-built Carrier to Start Sea Trials
China first domestically developed aircraft carrier looks set to begin sea trials after pictures appeared on the Chinese internet on Monday of it leaving its dock in the northeastern port of Dalian.
Vopak to Invest in Rotterdam Terminal
Vopak Rotterdam Botlek is investing in 63.000 cbm state-of-the-art stainless steel capacity (15 tanks) for the storage of Styrene and other hazardous chemicals.
South Korea Eximbank Pledges Huge Loans to Shipping
As part of the government's large-scale rescue plan for shipping sector, the Export-Import Bank of Korea (Korea Eximbank) sets a figure for loans and guarantees to the country's shipping sector.
China's Proposal on ISO Sulphur Test
A proposal by China to mandate specific ISO test methods for sulphur, building on a proposal made by IBIA to the IMO earlier this year, has won support to be further…
British Ports Association Writes to PM on Brexit Concerns
The British Ports Association has written to the Prime Minister calling for funding guarantees for any new border facilities and digital infrastructure, which may…
Earth Day: Canada to Protect Ocean
Plastic waste and marine litter pose an increasingly serious threat to our oceans and marine life. Canada is committed to protecting our environment and preserving our waterways…
Hapag-Lloyd to Cut CO2 Emissions by 20 % by 2020
Hapag-Lloyd is publishing the company’s first sustainability report ever yesterday (April 22) as the world celebrates “Earth Day,” which says that the company had…
IMO to Use IBIA’s Best Practice for Suppliers
The first edition of IBIA’s “Best practice guidance for suppliers for assuring the quality of bunkers delivered to ships” was welcomed by the 72nd session of the…
