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. That’s when President Trump signed…
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 license…
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 MWh…
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 Rotterdam…
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 smoke…
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 Carriers’ Association…
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 “Empowering Women…
Seaspan Delivers Canada's First OFSV
Seaspan Shipyards has delivered Canada's first new Offshore Fisheries Science Vessels (OFSV), the CCGS Sir John Franklin, to the Canadian Coast Guard (Coast Guard).An…
Titan LNG Christens FlexFueler001
Netherlands-based service supplier of liquefied natural gas (LNG), Titan LNG has christened its liquefied natural gas bunkering barge, the FlexFueler001, in the…
India Intros Maritime Technology Center
Indian Ministry of shipping has signed a memorandum of agreement (MoA) with IIT Kharagpur on Wednesday for setting up a Centre for Inland and Coastal Maritime Technology…
Hyundai Signs MoUs with Saudi Aramco
As part of its long-term downstream growth and diversification strategy, the Saudi Arabian national petroleum and natural gas giant Saudi Aramco signed an agreement…
Bahri Orders First VLCCs from IMI
Bahri, the world's largest owner and operator of very large crude carriers, has signed a Memorandum of Understanding (MoU) to build its first very large crude carrier…
Floating Wind: French, Japanese Firms Partner
French floating foundations developer Ideol and Japanese renewable specialist Shizen Energy have signed an agreement to jointly develop a commercial-scale floating…
IMO 2020: Countdown to Cutting SOx Emissions
International Maritime Organization (IMO) has been preparing ahead of the implementation date. From 1 January 2020, under IMO's MARPOL convention for the prevention…
Water Taxis Coming to Indian Capital
New Delhi might soon get a new transport system as an alternative to reduce traffic congestion in the city. If things go as planned, water taxis in Delhi will turn…
Diana Shipping Fixes Semirio with Cargill
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva,…
Africa Pledges to Deliver Blue Economy
A sustainable Blue Business plan will accelerate Africa’s transformation, create jobs, sustain livelihoods and empower communities while offering impactful climate change measures.Fishing…
Tech Majors Join Forces for Smart Port
The terminal automation and energy-efficient cargo handling services provider Kalmar and Finnish operator Ukkoverkot have signed a two-year co-operation agreement with Nokia for the design…
Exmar Repays its 2014 Bond
Exmar Netherlands, a fully owned subsidiary of Belgium’s Exmar and a manager of specialized floating assets, has completed the bond repayment issued in 2014, extended…
Grindrod Updates on IVS Bulk Fleet
Singapore-based Grindrod Shipping Holdings, a global provider of maritime transportation services in the drybulk and product tanker sectors, announced a number of…