IMO 2020: Fujairah Tightens Exhaust Rules Ahead of 2020
Key Middle East oil terminal bans open-loop scrubbersFujairah in the United Arab Emirates has become the latest major port to ban a type of fuel exhaust cleaning…
Carbon Trust to Make Offshore Wind Vessels Greener
The Carbon Trust's Offshore Wind Accelerator (OWA) issued a Request for Information (RFI) on the potential to reduce emissions and fuel consumption in offshore vessels.
Offshore Drilling Market to Reach $152.47B by 2026
Global offshore drilling market accounted for $79.53 billion in 2017 and is expected to reach $152.47 billion by 2026 growing at a CAGR of 7.5%.Some of the important…
BV Appoints de Tugny EVP
Bureau Veritas has appointed Matthieu de Tugny as Executive Vice-President, Bureau Veritas Group to lead the Marine & Offshore Division (M&O).He will be a member…
US Shutdown Impacts Shipping: North P&I Club
US Coast Guard and other federal agencies are operating at a reduced capacity following US government shutdown, said North of England Protecting and Indemnity Association…
Pilbara Ports Hits Single-Tide Record Tonnage
Australia's Pilbara Ports Authority has achieved a new record tonnage on a single tide at the Port of Port Hedland.On 15 January 2019, 10 vessels departed the port in convoy carrying a total of 1…
New IJmuiden Sea Lock Gets Gates
The first of a total of three lock gates for the new sea lock has arrived at IJmuiden harbour in the Dutch province of North Holland.According to Port of Amsterdam Authority…
Eagle Bulk Gets $208M Credit Facility
Connecticut-headquartered Eagle Bulk Shipping said that its wholly-owned subsidiary Eagle Bulk Ultraco has received a loan commitment from a consortium of banks…
New Jersey Opens Offshore Wind Tax Credit Program
The New Jersey Economic Development Authority (NJEDA) announced that companies making a capital investment in offshore wind-related facilities in New Jersey can…
BIMCO Calls for Global Co-operation to Counter Piracy
Turning the tide of piracy and attacks is not a difficult operation in terms of military and law enforcement, according to Jakob P. Larsen, BIMCO Head of Maritime Security.
Denmark, India Sign Maritime Pact
The Danish Ministry of Industry, Business and Financial Affairs and the Indian Ministry of Shipping have signed a memorandum of understanding (MoU) to strengthen…
Rotterdam Port, RPPC Renew Collaboration
The Port of Rotterdam Authority and Rotterdam Port Promotion Council (RPPC) will once again be prolonging their partnership for another four-year term.Port Authority…
Thomas Schulte Vessels Implements Port-IT Solutions
The maritime cybersecurity provider Port-IT said that Thomas Schulte Ship Management, a bulk and container company, has chosen Port-IT’s state of the art E-mail…
Indian Port Enters World’s Top 30 Container Ports List
India's largest container port, Jawaharlal Nehru Port Trust (JNPT), has made its way to the top-30 container ports across the globe.JNPT notched up five spots as per the latest Lloyds Report…
Russia Assents to Passenger Compensation Treaty
The Russian Federation has acceded to the International Maritime Organization (IMO) treaty dealing with compulsory insurance covering passengers on ships.According to IMO…
Neele-Vat Logistics Sets-up at City Terminal
Europe's logistics services provider Neele-Vat Logistics and the Port of Rotterdam Authority have signed a contract for the development of a distribution centre…
UAE's Fujairah to Ban Ship Exhaust Cleaner When IMO 2020 Kicks In
The port of Fujairah in the United Arab Emirates has decided to ban the use of a type of ship exhaust cleaner, becoming the latest location to impose restrictions on so-called open-loop scrubbers, a port document showed.In recent months, many shipping companies have opted to fit scrubbers onboard their ships, ahead of major changes in the use of marine fuel across the world.The International Maritime…
A Century on, Basra's British-era Shipyard Going Strong
Begun in 1918 by British troops, Basra's shipyard is surviving into old age with little maintenance, relying on its vintage machinery and the skill of its workers to keep going.Thousands of ships…
Next Generation of Corrosion Inhibiting Fuel Additives
Cortec has developed the next generation of VpCI fuel additives for more potent corrosion protection of fuel systems. Cortec VpCI-707 has been specially formulated to protect fuel tanks and systems from corrosion and sludge formation without damaging copper and aluminum. It is an option for keeping new and existing fuel tanks and systems in good condition during day-to-day operation and especially during vulnerable times such as intermittent operation, storage, or shipment.
RWE Could Spend up to $2.8 bln a Year on Renewables
RWE, which will become the world's No.2 offshore wind player following a deal to break up its Innogy unit, could spend about 2.5 billion euros ($2.8 billion) a year to expand its renewables business, its chief executive said."We can fund about 1.5 billion euros from our own funds, we could assume some debt which would bring it to about 2.5 billion," Rolf Martin Schmitz said at an energy conference in Berlin on Tuesday.RWE, which last week said it had earmarked 1.5 billion euros per year to expan