Port of Virginia Posts Record July Volumes

July is Second Busiest Month in Port of Virginia’s History.The Port of Virginia in July processed 265,559 TEUs (twenty-foot equivalent units) in July, making it the second busiest month in the port’s history.The strong cargo performance was driven by an increase of more than 4 percent in loaded import containers, and a jump of nearly 18 percent in export empty containers, which are being repositioned across the globe to handle peak season cargo.“We are continuing to set volume records.
Port of Los Angeles Reports Record July TEUs

Volumes Increase 9.4% Compared to Previous Year.For the fourth consecutive month, the Port of Los Angeles has set a new single-month cargo record. In July, the Port moved 912,154 Twenty-Foot Equivalent Units (TEUs), the busiest July in the Port’s 112-year history. “Container exchange per vessel reached 9,915 TEUs, the highest and most efficient level we’ve ever experienced,” said Port of Los Angeles Executive Director Gene Seroka.
Baltic Index Rises on Capesize, Panamax Rates

The Baltic Exchange's main sea freight index rose on Monday, supported by strong demand across capesize and panamax vessel segments.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose 26 points, or 1.5%, to 1,774 points, level last seen on August 5.The capesize index added 44 points, or 1.4%, to 3,266 points. Average daily earnings for capesizes, which typically transport 170…
Cargo Dips in July at Port of Long Beach

Tariffs continue to hamper trans-Pacific trade.Port of Long Beach cargo volumes last month were down from the previous July, when the number of containers moved through the harbor neared 700,000 twenty-foot equivalent units (TEUs).The July 2019 total, 621,780 TEUs, was 9.7% less than last year. Imports decreased 9.9% to 313,350 TEUs, and exports shrank 6.8% to 111,654 TEUs. Empties were 11% lower, at 196…
Thordon Video Makes TG100 Seal Installation a Breeze
Thordon Bearings has updated its TG100 seal installation requirements to facilitate cost-effective installation at all shipyards with the release of new instructional videos.
Global Trade Center Stage at Poland’s Maritime Conference

The biggest annual gathering of Poland’s maritime industry leaders, the Maritime Economy Forum Gdynia is unveiling its program.The day-long event, now in its 19th year, takes place on October 11 in Gdynia, featuring 30 speakers with 600 senior figures from Poland’s maritime sector and around the world expected to attend.Forum chairman Slawomir Kalicki said the conference will see a morning session examine some of the biggest issues facing the international maritime sector…
New Name for MMC Green Technology
MMC Green Technology AS will be renamed Norwegian Greentech AS.In connection with the sale of MMC First Process, it was agreed that MMC Green Technology would change its name.
HSFO, EGCS Better for Reducing Global GHG

Members of the Clean Shipping Alliance 2020 have welcomed a new addition to the canon of scientific literature relating to exhaust gas cleaning systems (EGCS), the latest of which indicates that continued use of residual fuels with a scrubber can help towards global CO2 reduction.In a study published in June by Norway’s SINTEF, one of Europe’s largest independent research organisations, Chief Scientist…
Damen Delivers Stan Tug to Caspian Offshore

Caspian Offshore Construction has recently taken delivery of a Damen Stan Tug 1606 ICE class in Kazakhstan. The company turned to Damen when a contract they secured required fast delivery of a small ice class vessel.Damen was able to have the vessel – named Caspian Flora – underway to the client just six weeks following contract signing.The vessel was built at Damen Shipyards Changde in China, to a design that has proven enormously successful, with over 80 sold in the last fifteen years alone.
Death Toll Mounts as Lekima Roils Eastern China
BEIJING, Aug 12 (Reuters) - The death toll from typhoon Lekima in eastern China rose to 44 people on Monday morning, according to official data, as the storm continued up the coast…
Sabine Pass LNG Train 6 Under Construction
The liquefied natural gas company headquartered in Houston Cheniere Energy said that through Cheniere Partners, it is developing six natural gas liquefaction Trains…
Mayer Brown Advises on HK FSRU Project
Law firm Mayer Brown advised CLP Power Hong Kong on the Hong Kong offshore LNG terminal project, which involves the use of floating storage and regasification unit…
First Major U.S. OWF Delayed
Massachusetts’ first offshore wind project has been delayed indefinitely by the federal government.The $2.8 billion Vineyard Wind project off Massachusetts had planned…
Industrial Internet to Help Upstream Sector
There has been a growing interest among oil and gas companies in adopting the Industrial Internet to improve sustainability and market competitiveness, said a study.According…
PG Flow to Supply Mud Agitators for MMA
Australian provider of marine solutions and expertise to the offshore oil and gas industry, MMA Offshore orders mud agitators for its AHTS MMA Chieftain, which is…
Götheborg to Sail Again
The Swedish East Indiaman Götheborg will sail again with support from the shipping agency Greencarrier Group, which has announced that it will take the full operational…
US Reduces Upstream Activity Abroad
Rystad Energy data reveals that from 2014 to 2018, companies in Asia which experienced a merger and acquisition showed the most significant growth globally, increasing…
Europe Okays French Port Extension
The European Commission has cleared a French extension project for the Mediterranean port of Port-La-Nouvelle.The project involves the construction of dikes and…
National Workboat Association Rebrands
UK-based trade, skills and safety standards association National Workboat Association (NWA) has changed its name during its Silver Anniversary year to ‘The Workboat…
UK Detains 3 Foreign Flagged Ships in July
The Maritime and Coastguard Agency (MCA) announced that during July, there were three new detentions of foreign flagged vessels in a UK port.It also informed that…