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 logā¦
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."Shppingā¦
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, inā¦
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 millionā¦
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 Singaporeā¦
MOL to Issue Sustainability Bonds
Japanese shipping company Mitsui O.S.K. Lines (MOL) has announced its plan to issue āSustainability Bondsā for the financing of a series of green projects.This isā¦
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 principleā¦
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 Terminalsā 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 Doverās recently developed Western Docks, Spirit of Discoveryās British arrival marks the start of a new chapter for cruising in the UK. With HRH The Duchess of Cornwall as her āGodmotherā, Spiritā¦
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?Sourceā¦
Ship Design: Student Creations put to the Test
Four winning school classes attended the prizegiving of the ādesign your ship for the futureā 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 MARINās 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 āin its classā 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 5ā¦
Ballast Water Update: Weighing the Advent of VIDA
The hard-fought passage of VIDA promises a simpler, more unified and logical set of environmental standards related to the discharge of myriad vessel streams. Industry wanted it, and now it is here. Will it deliver, and if so, when? That depends on who you talk to.As most commercial maritime operators know, US ballast water regulations made a sharp turn last December. Thatās when President Trump signedā¦
Singapore Suspends Inter-Pacific Petroleum's Bunker License
Singapore's Maritime Port Authority (MPA) has suspended the bunker craft operator licence of Inter-Pacific Petroleum Pte Ltd, the MPA said in a statement on Thursday.The MPA suspended the licenseā¦
US LNG plays havoc with Dutch Gas, Asian shipping
Dutch gas prices hit 10-year lows this week, reflecting high European inventories swelled by liquefied natural gas (LNG) imports, testing levels at which companies that committed to buy U.S. LNG will start making serious losses.Prices for month-ahead Dutch gas have dropped by two-thirds since their peak last September of just under 30 euros per megawatt hour (MWh).On Friday, Dutch gas for July delivery slumped to 8.95 euros per MWhā¦
Coralius Completes 1st Bunkering in Rotterdam
Finnish integrated gas company Gasum said that its liquefied natural gas (LNG) bunker vessel, Coralius, made its first bunkering in the port and refining area of Rotterdamā¦
Danish Shippers to Install Scrubbers
Denmark-based shipping companies prefer to install exhaust gas purification systems, the so-called scrubbers, on their ships."The scrubbers clean the exhaust smokeā¦
U.S.-flag Cargo Movement on Great Lakes Up
U.S.-flag Great Lakes freighters (lakers) moved 10.6 million tons of cargo in May, an increase of 11.9 percent from last year. According to Lake Carriersā Associationā¦
Debra Searle to Speak at Shipping Week.
ShipMoney announced that Debra Searle has been engaged as its keynote speaker at London International Shipping Week as part of promoting the theme āEmpowering Womenā¦
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