ONE, Hapag-Lloyd Partner for Feeder Services
Japan's Ocean Network Express (ONE) and Germany's Hapag-Lloyd have agreed to share space on their feeder services.As the first step, the cooperation will cover specific Intra-Europe (BAX, NBS, NPX, REX, SDX, ADX, LEX) and Intra-Asia (BHX, HAS, PID) feeder trade lanes. The carriers have already ushered in a new Intra-Asia service, the Bohai Feeder (BHX) in August and will further introduce a new Intra-Europe service…
ClassNK Updates Emissions Reporting Portal
Classification society ClassNK has released ClassNK MRV Portal (IMO DCS), a software service for the reporting, monitoring and verification of shipping CO2 emissions…
Baltic Index Rises as Capesize Rates Jump
The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Friday, helped by strong demand for capesize vessels.* The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 64 points, or 4.2 percent, to 1,579 points.* The capesize index marked its highest daily percentage gain since July 12 rising 8.2 percent, or 164 points, to 2,169 points.* Average daily earnings for capesizes, which typically transpo
Piracy Rises 3% in Asia
A total of 64 incidents of piracy and armed robbery against ships were reported in Asia during January-September 2018, a 3 percent increase compared to the same period for 2017, ReCAAP ISC said in its latest report.Of the 64 incidents so far in 2018 (including 50 actual incidents and 14 attempted incidents), three were incidents of piracy and 61 were incidents of armed robbery against ships.Of the 50 actual incidents reported…
De Boer Names Two New Tugs
A naming ceremony was held for two custom tugs built by Damen Shipyards Hardinxveld for De Boer Remorquage SARL, a joint venture between Dutch Dredging and Iskes Towage and Salvage. The ceremony took place in the port of Cayenne in French Guyana.According to the shipbuilder, both vessels represent innovative solutions and one of them has additional modifications that enable it to undertake dredging…
Washington State's New Ferry Starts Operations
The newest auto/passenger vessel to serve the United States' largest ferry system has made its debut on the U.S. West Coast.Washington State Ferries (WSF) began carrying passengers aboard the newest state ferry, Suquamish, sailing from Clinton, Wash. on October 4.The 1,500 passenger and 144 vehicle capacity Suquamish, constructed by U.S. shipbuilder Vigor and christened earlier this year, is the fourth and last of the funded Olympic Class ferries…
China Coal Imports Fall Sharply
China's coal imports dropped sharply in August from the month before, customs data showed on Friday, after cooler weather crimped demand from utilities and as a typhoon disrupted supply.Total arrivals last month fell 12 percent from August to the lowest since May at 25.14 million tonnes, data from the General Administration of Customs showed.
U.S. Coast Guard's Maritime Commerce Strategic Outlook released
U.S. Coast Guard Commandant Admiral Karl L. Schultz has issued the Coast Guard's 40-paged document that outlines their "VISION for Enabling Maritime Commerce." He introduces the new paper in an open letter to industry, as shown below:America is a maritime Nation. It is a Nation shaped by seafarers who recognized the tremendous economic potential derived from unrestricted access to the oceans, internal waterways, deep-water ports and protected straits and bays.
EU Okays Expansion of Denmark's Shipping Tax
The European Commission approved on Friday the expansion of a Danish scheme to tax shipping companies on their tonnage, the EU executive said in a statement.Under the so-called tonnage tax schemes, shipping companies pay taxes on the basis of the size of the shipping fleet rather than on their actual taxable profits.The Commission authorized Denmark to expand its existing scheme for shipping firms to several new categories including guard vessels and ships servicing off-shore installations, it s
Gasum Acquires Skangas
Energy company Gasum has increased its shareholding in Norwegian liquefied natural gas (LNG) provider Skangas to 100%. The acquisition strengthens a key element…
Arctic Sea Ice is Youngest and Thinnest Now
The Arctic Ocean's blanket of sea ice has changed since 1958 from predominantly older, thicker ice to mostly younger, thinner ice, according to new research published…
BHP Drones in Ocean Freight Ops
International resources company BHP has started introducing drones into its ocean freight operations, providing enormous safety benefits and efficiency gains.While still in the trial phase…
Marshall Islands Confirms No Class Certificate Surcharge
International Registries, Inc. and its affiliates (IRI) has announced that the Republic of the Marshall Islands (RMI) Registry will not follow competitors by levying…
EU Guarantees Port Reception Facilities
The Transport Committee of the European Parliament adopted earlier this week the final report on the Port Reception Facilities and gave a mandate to the Rapporteur…
MOL Plans to Install Voyage Information Display System Using AR Technology
Mitsui O.S.K. Lines (MOL) announced plans to launch the experimental use of a system that supports ship operation during voyages using augmented reality (AR) technology…
MSC Adds New Rail Service in Spain
MSC Mediterranean Shipping Company is launching a new rail service to bring agricultural cargoes from Spain closer to the international markets.The transportation…
AET Names its First LNG-Fueled Aframax Pair
Petroleum and chemical tanker owner and operator AET Tankers has named and welcomed its first LNG dual-fuelled aframax vessels, Eagle Brasilia and Eagle Bintulu.According…
Indian Ports Register Growth 5.12% During April to September, 2018
The major ports in India have recorded a growth of 5.12% and together handled 343.26 Million Tonnes of cargo during the period April to September, 2018 as against…
DP World Launches Expansion of Port in Somaliland
Dubai state-owned port operator DP World launched on Thursday a $101 million project to expand a port in the breakaway region of Somaliland.Somaliland broke away from Somalia in 1991 and has acted as a de-facto independent state since then but is not internationally recognized. The United Arab Emirate's Dubai government owns DP World.The port in Berbera exports camels to the Middle East and imports food and other items…
Paving the Way for 3D Printing in Naval Shipbuilding
A U.S. shipbuilder’s piloting of new technologies is redefining the future of the naval engineering and shipbuilding industries.Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division, in collaboration with the U.S. Navy, has led the adoption of additive manufacturing of metal components for nuclear-powered warships as part of HII’s digital transformation.This technological development…
