Genco to Install Scrubbers on up to 32 Ships
Dry bulk shipping company Genco Shipping & Trading Limited said it plans to install exhaust gas cleaning systems, or scrubbers, on its 17 Capesize vessels with options…
Yara Marine Has Big Expectations for 2019
Many shipowners are scrambling to comply with the tough, new the International Maritime Organization (IMO) fuel global sulfur limit of 0.50 percent m/m, which takes effect January 1, 2020.It is expected that after the rules swing into force, the light-heavy fuel price spread will likely spike and refining margins will be higher, particularly for complex refineries.Shipowners have to stay ahead of the game…
Iranian Tanker Offloads Oil for Bonded Storage in China
A vessel carrying 2 million barrels of Iranian oil discharged the crude into a bonded storage tank at the port of Dalian in northeast China on Monday, according…
Crowley Awards Scholarships to Two Webb Students
Webb Institute, a four-year college specializing in naval architecture and marine engineering, has announced that the 2018-19 academic year recipients of Crowley Maritime Corporation’s Thomas B. Crowley Sr. Memorial Scholarship are Taylor Campbell (Class of 2019) and Reneé Tremblay (Class of 2020).Webb’s scholarship selection committee chose Tremblay of Bristol, R.I., and Campbell of Altoona, Pa., for their hard work…
Offshore Vessel Participates In Anti-terrorism Drill
An offshore supply vessel left its work at an offshore wind farm to play the role of hijacked vessel in a Belgian anti-terror exercise last week.The vessel Esvagt Mercator took a brief break from its operations in the Belgian Nobelwind and Belwind wind farms to assist the Belgian anti-terror corps in the security drill last Wednesday.During the exercise, Esvagt Mercator was “hijacked” by soldiers on board outside the port of Ostend…
Maersk Launches Startup Accelerator
AP Moller - Maersk has launched India-focused OceanPro, a 120-day accelerator program to give shipping and logistics startups an opportunity to partner with Maersk to bring innovative technology solutions to ease the global supply chain for customers and further accelerate global digital transformation.“We recognize the immense potential of India’s technology and digital talent and are looking to capitalize on these capabilities to help the logistics industry worldwide…
Hydrogenics Opens California Facility
With fuel talk dominating maritime discussions, it's worthy to note that Hydrogenics Corporation – a developer and manufacturer of hydrogen generation and fuel cell power modules – opened a new North American facility in Carlsbad, Calif. Located near San Diego, the site will primarily focus on the integration of hydrogen fuel cell systems into heavy-duty truck and bus platforms for customers in California…
France-Italy Naval Shipbuilding Deal Still Being Examined
A military shipbuilding alliance between Italy and France is still being examined but will require time given its complexity, the chief executive of Italy's Fincantieri said on Tuesday.Italy and France had aimed to outline such a deal by June after Fincantieri took control of France's STX shipyards in February.The agreement set the groundwork for a possible wider alliance between the two countries…
Sweden’s New Hybrid Icebreaking Tug Launched
A new hybrid-electric icebreaking escort tug for Sweden's Port of Luleå was launched on Monday at GONDAN Shipyard in Figueras, Spain.The new Robert Allan Ltd designed tug, Vilja, is a RAL TundRA 3600-H class icebreaking design fully customized for the Port of Luleå operational requirements. The vessel is designed to perform icebreaking – it is capable of breaking 1 meter of ice at a speed of up to 3 knots – ice management…
Fire Stricken Tanker Towed to New York
A 479-foot asphalt tanker was towed into New York Harbor after an engine room fire left the vessel disabled off the U.S. East Coast.Early on October 5, U.S. Coast Guard watchstanders in Woods Hole, Mass. received a report that the Hong Kong-flagged tanker Feng Huang AO loaded with asphalt and bound for New York Harbor suffered a fire in its engine room while transiting 57 miles southeast of Nantucket…
New Book Release: Why Only Two FPSOs in the U.S. Gulf of Mexico?
The Late Start and Twenty Year Saga.More than 40 years have passed since the trailblazing Shell Castellon started operation as the first floating production storage and offloading (FPSO) unit in 1977. Ever since, hundreds of these vessels have operated worldwide, and the oil industry has reaped their benefits. Despite continued international popularity and dominance, compelling advantages, and technological advancements, the adoption of FPSOs has faced particular challenges in the U.S.
Hurricane Michael Bears Down on Florida
Hurricane Michael is expected to strengthen today in the Gulf of Mexico, with the Florida panhandle directly in its dangerous path.Thousands of local residents in Wakulla…
DEME Appoints Luc Vandenbulcke as CEO
Belgian dredging, environmental and marine engineering group Dredging, Environmental and Marine Engineering NV (DEME)'s Board of Directors announced that with effect from January 1…
Silversea Cruises Orders Three New Ships
Royal Caribbean Cruises (RCL) and Silversea Cruises announced agreements to build three new ships for Silversea Cruises, including two luxury vessels as well as…
Expansion Begins at Port of Southampton
The latest stage of a GBP 50 million (USD 65.44 mln) expansion of automotive trade at the ABP-owned Port of Southampton has begun, said a press release from the…
Good start for CETA Agreement
New calculations indicate that last year's trade agreement between the EU and Canada, the CETA agreement, has had a positive impact on trade between the continents…
Borealis to Invest in Port of Antwerp
The Austrian petrochemical company Borealis has announced that it is to build a new production plant on its existing site in Kallo, in the Antwerp port area.According to a press release…
Rotterdam Polymer Hub Pact with Port for Logistics Node
The Port of Rotterdam Authority and Rotterdam Polymer Hub (RPH) signed an allocation agreement regarding a site for two halls for the storage and distribution of…
New Marine Fuel Recovery Mechanism is Causal, Transparent and Simple
With a stricter International Maritime Organisation emissions regulation (IMO 2020) coming into force as of 1 January 2020, the new sulphur cap for compliant fuel…
ESC Disapproves Shipping Surcharges
The European Shippers’ Council (ESC) disapproves of the mechanism of surcharges that shipping liners launch to cover the higher rate of lower sulphur fuel. Shippers…