ASCO Overhauls Shair Vagif
The multi-purpose dry cargo vessel Shair Vagif, owned by the Transport Fleet of the Azerbaijan Caspian Shipping Company (ASCO) and operated in external waters, wasā¦
Samsung Heavy Bags LNG Carrier Order
South Korean shipbuilder Samsung Heavy Industries (SHI) has secured a deal to build a liquefied natural gas (LNG) carrier for an Asian customer.According to Yonhapā¦
Concordia Expects Stong Tanker Market
During the first half of 2019, the tanker markets produced voyage result per day levels that exceeded the corresponding period in the slump year 2018 by 50-100 percentā¦
Industry Bodies Join Force for Ocean Economy
The World Ocean Council (WOC) and the World Association for Waterborne Transport Infrastructure (PIANC) have signed an MOU on long-term cooperation.The partnershipā¦
NYK Sponsors Sea Turtle Research
Japanese shipping giant Nippon Yusen Kaisha (NYK Line) said that it has started a new approach to track loggerhead sea turtles (listed on the IUCN Red List of Threatenedā¦
SHI Thrusts on Smart Ship Technology
South Korean shipbuilding giant Samsung Heavy Industries (SHI) has pushed ahead with advancing smart ship technology thanks to joint work with global equipment producers on SVESSELā¦
World Suezmax Fleet Counts 517 Vessels Now
The world Suezmax fleet (excl. shuttle, product & Jones Act tankers) counts 517 vessels at the end of 2Q2019, said Nordic American Tankers (NAT).During 2018, 28ā¦
Boatbuilding: Blount Powers Ahead
Maritime Reporter & Engineering News recently visited the Blount Boats facility in Warren, Rhode Island. The year 2019 might be the āyear of the womanā in the eyes of the IMO, but the two women at the head of Blount Boats ā Julie & Marcia Blount (pictured) ā have been a driving force in the U.S. boatbuilding market for decades, building on the business that their father Luther Blount built starting in 1949.
Migrants on Ship Center of Political Fight
A charity rescue ship carrying 134 migrants, mostly Africans, was stranded off the coast of Italy on Friday as a political battle in Rome stopped it from dockingā¦
Ships from Venezuela can still transit Panama Canal
The Panama Canal will allow vessels coming from Venezuela to transit the waterway provided they present the necessary paperwork, the canal authority's chief said on Wednesday, suggesting a new round of U.S. sanctions on the South American country may not make any difference to canal traffic.President Donald Trump's administration last week issued an executive order freezing all Venezuelan government assets in the United States. Shortly thereafter, U.S.
Ferry Runs Aground in Boston Harbor
Four people were injured Friday morning when a Boston-bound ferry ran aground off Long Island in Boston Harbor, the U.S. Coast Guard said. At approximately 7:45 a.m., J.P. Vega, operations manager for Boston Harbor Cruises, reported to Coast Guard watchstanders that the ferry Lightening ran aground with 84 people aboard.The Coast Guard said it launched rescue crews from Station Boston and Point Allertonā¦
Exercising Maritime Liens Against Cargo and Sub-Freights
Vessel owners rarely carry cargo for their own account. More commonly by far, a vessel owner will charter its vessel to another party to carry their (or their sub-chartererās) cargo. The contracts can vary widely ā from voyage charters or contracts of affreightment to time charters to negotiable bills of lading (not to mention the more complex arrangements that one often sees for container cargos).
S. Korea Plans Autonomous Ship Research Facility
UIPA, the South Korean Information and Communication Technology Promotion Agency, awarded Kongsberg Digital the contract to supply a fully-featured bridge simulator for a new autonomous ship research facility in Ulsan, South Korea. The Korean government has committed to invest $110 million in the project over the next three years, with a goal of starting operations in 2023. The simulation contractā¦
Conrad Q2 Results
Conrad Industries announced for the quarter ended June 30, 2019, it had net loss of $2.2 million and loss per diluted share of $0.44 compared to net income of $4.7ā¦
Shewring to lead Hempel R&D
Hempel appointed Nigel Shewring as its new Group Director of Research & Development (R&D), responsible for managing the overall activities in Hempelās 15 R&D centers globally.āThe world of coatings is very complex and our experts play a crucial role when it comes to sharing knowledge about both challenges and solutions in our industry,ā said Steen Hoff, Hempelās Acting Director of Operations. Nigelā¦
Grace 1 Tanker Starts to Move
The Grace 1 Iranian tanker caught in a standoff between Tehran and the West started to move on Friday and there was more smoke from the tanker's chimney, a Reutersā¦
July: Earth's Hottest Month Ever Recorded
According to the latest monthly climate report from the U.S. National Oceanic and Atmospheric Administration (NOAA), July 2019 was hottest month on record for the planet and Polar sea ice melted to record lows.Much of the planet sweltered in unprecedented heat in July, as temperatures soared to new heights in the hottest month ever recorded. The record warmth also shrank Arctic and Antarctic sea iceā¦
ExxonMobil Charters Singapore's First LNG-fueled Bunker Barge
ExxonMobil Asia Pacific has signed a two-year time charter agreement with Singapore-based Sinanju Tankers Holdings Pte Ltd to lease Singapore's first liquefied natural gas (LNG) powered bunker tanker, Sinanju said in an statement on Friday.The 7,990 deadweight tonnage (dwt) newbuild will be the first LNG bunker tanker for Singapore and Sinanju and will deliver ExxonMobil's new Engineered Marine Fuels (EMF.5) to ocean-going vessels within Singapore port limits from the first quarter of next year.
Seamen Kidnapped off Cameroon's Coast
A number of seamen have been kidnapped after an attack on their vessel off the coast of Cameroon in West Africa's piracy-plagued Gulf of Guinea, a source in the Cameroonian army and a source at the major port of Douala said on Friday.In July, the International Maritime Bureau described the Gulf of Guinea as the most dangerous area in the world for piracy with 73% of all sea kidnappings and 92% of hostageā¦
World's Longest Wind Turbine Blade Reached UK
The worldās longest offshore wind turbine blade has arrived in Northumberland, UK to be tested at the Offshore Renewable Energy Catapult site.The 107-metre bladeā¦
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