Okeanis Gets Funds for Scrubber Retrofit
The Piraeus-based shipping company Okeanis Eco Tankers Corp announced that it has secured commitment to a $11 million secured loan facility for its scrubber retrofit…
AGL Selects Höegh Esperanza FSRU
Norway-based floating liquefied natural gas (LNG) company Höegh LNG announced that its floating storage and regasification unit (FSRU) Höegh Esperanza has been selected…
6 Months' Countdown to Global Sulfur Cap
The International Chamber of Shipping (ICS) has issued updated guidance to help shipowners comply with new UN International Maritime Organization (IMO) regulations…
FIT Speeds-up Flow of Cargo
Florida International Terminal (FIT) has successfully deployed the eModal Community Portal (eCP) PreGate appointment module to improve turn times and customer service.The…
Massport Board Appoints New CEO
The Massachusetts Port Authority (Massport) picked its port director, Lisa Wieland, to be its next Chief Executive Officer(CEO), bypassing the other finalist, a member of the city's power elite…
DP World Set to Acquire Topaz Energy
The world’s largest port operator DP World is in advanced discussions to acquire Topaz Energy & Marine, marking the Dubai-based company's first potential foray into…
Marine Cities: The Next Great Disruptor
There was general consensus that cities are fast becoming the drivers of global development in a world that needs to find greener and more sustainable solutions…
Tsuneishi Wins First Order for TESS42
Tsuneishi Shipbuilding Co, ship repair and manufacturing company in Japan, has received its first order from a shipowner in Japan for several 42,000-metric-ton log…
MOL Works on Environmental Agenda
Japanese shipping giant Mitsui O.S.K. Lines (MOL) formulated MOL Group Environmental Vision 2030 to present our cutting-edge initiatives for environmental preservation."Shpping…
GIA Task Force Met in Sweden
The Global Industry Alliance (GIA), a key International Maritime Organization (IMO) initiative supporting ship decarbonisation, is set to be extended to 2023, in…
MedPort Tangier Opened
APM Terminals Medport Tangier container terminal has officially opened its doors in Morocco.Part of the Tanger Med Port complex, it has an annual capacity of 5 million…
Singapore Launches GeoSpace-Sea Initiative
GeoSpace-Sea, a new database on Singapore's waters, from its coastlines to the seabed, was launched yesterday (June 28) by the Maritime and Port Authority of Singapore…
MOL to Issue Sustainability Bonds
Japanese shipping company Mitsui O.S.K. Lines (MOL) has announced its plan to issue “Sustainability Bonds” for the financing of a series of green projects.This is…
IMO Workshop in Thailand on Emission Cut
International Maritime Organization (IMO) said that reducing atmospheric pollution from ships and improving air quality is an integral part of its work. "This principle…
RTG Cranes Roll at Port of Indiana-Burns Harbor
For the first time in its nearly 50-year history, Port of Indiana-Burns Harbor welcomed general cargo vessel HC Melina carrying a unique shipment of two, large rubber-tire gantry (RTG) cranes destined for the CSX Intermodal Terminals’ facility in Chicago.Once the 68-piece shipment is fully assembled, the RTG cranes will have a span of eight containers wide and with a hoisting height of one over four containers high.
Cruise: Saga Newbuild Arrives at Home Port
Kent-based Saga sails into its future, as the first of two new boutique cruise ships, Spirit of Discovery, arrived at her home port of Dover for the first time. Sailing past the iconic White Cliffs and into Dover’s recently developed Western Docks, Spirit of Discovery’s British arrival marks the start of a new chapter for cruising in the UK. With HRH The Duchess of Cornwall as her ‘Godmother’, Spirit…
Market in Focus: Offshore Services Vessels
Newbuild MarketUnsurprisingly, across the offshore sectors, newbuild orders have been scarce to none. Oversupply is still a major problem for the industry and due to slippage, ordering vessels now would be counterproductive. Why order brand new vessels from a yard and wait several years for these to be delivered, when you can purchase readily available cheap tonnage direct from the yards ready to go?Source…
Ship Design: Student Creations put to the Test
Four winning school classes attended the prizegiving of the ‘design your ship for the future’ competition at MARIN (Netherlands Maritime Research Institute). The winning ship, with the shape of a sailfish, a retractable sail, a frictionless shark skin and a flexible moving tail was tested in one of MARIN’s model basins.This competition started last year when MARIN tested its 10,000th ship model.
Shipping Executives Indicted in the U.S.
An indictment of two Norwegian shipping executives was unsealed in the U.S. District Court in Baltimore, the Department of Justice announced.Ingar Skiaker and Øyvind Ervik have been charged with participating in a long-running conspiracy to allocate certain customers and routes, rig bids, and fix prices for the sale of international ocean shipments of roll-on, roll-off cargo to and from the United States and elsewhere, including the Port of Baltimore.
Shipbuilding: Cable Layer Delivered to Japan
Colombo Dockyard PLC (CDPLC) delivered the first ever modern Cable Laying Vessel built for Kokusai Cable Ship Co. Ltd. (KCS) Japan, on June 21, 2019. This is the biggest vessel, both in terms of length and price, ever built by Colombo Dockyard in its history, and the first ever ship built ‘in its class’ from Sri Lanka to Japan.This ship measures 113.1 x 21.5m with an 8.8 m depth, and with a maximum load laying draft of approx 7.1m has a deadweight carrying capacity of 5…
