Genco: Comprehensive IMO 2020 Strategy
Genco Shipping & Trading said that a comprehensive IMO 2020 strategy underway and four of its capesize vessels have had scrubbers successfully installed to date…
Fincantieri Floats Out Enchanted Princess
The largest shipbuilder in Europe Fincantieri has floated Princess Cruises’ new Enchanted Princess out of the building dock at its yard in Monfalcone, Italy.The…
IOG Spuds Harvey Appraisal Well
UK based Independent Oil & Gas (IOG) has confirmed that the Maersk Resilient rig spudded the Harvey appraisal well on 6 August 2019.The North Sea firm said in a…
Port Elizabeth Hosts US Customs’ 230th Anniversary
APM Terminals Port Elizabeth terminal ceremony and US-flagged vessel Maersk Kinloss recognize the nation’s first vessel clearance performed by United States Customs officials…
Shanghai Ports Tops in Connectivity
The Shanghai port has topped UNCTAD’s 2019 ranking of the world’s best-connected ports, released yesterday (7 August).The Chinese port garnered a connectivity score of 134 points…
MOL, COSCO Pact on LNG, Ethane Projects
Japanese shipping company Mitsui O.S.K. Lines (MOL) and China’s Cosco Shipping Energy Transportation (CSET) have signed a memorandum of understanding to further…
Salaya Terminal Cargo Growth up 160%
India's Essar Bulk Terminal Salaya Ltd (EBTSL) posted 160 percent growth in its cargo throughput for the Q1FY2020 which ended on June 30, 2019.As against 0.5 million tonnes (MT) in Q1FY19…
Cambodia Readies with Oil Spill Preparedness
Supporting countries to prepare for contingencies is an important part of International Maritime Organization (IMO) 's capacity building work.According to the UN body…
Permian Fracking Sets New Records
Hydraulic fracturing operations in the Permian shattered old records in June. The prolific shale basin in Texas and parts of New Mexico in the US has reached new…
FLNG Innovations Boost Gas Industry Growth
Liquefied natural gas (LNG) technologies, such as floating LNG (FLNG) innovations, driven by its shorter construction lead times and lower capital investment costs…
Ecochlor Expands to Korea
Ecochlor Ramps Up Business Development with a New Regional Office in Korea.Ecochlor is pleased to announce the opening of a new regional office in Korea to increase support of shipyards and owners in their efforts toward ballast water management compliance.DongJu (DJ) Cho will be leading the efforts in Korea as the new Regional Business Development Manager. Mr. Cho has more than 30 years of experience working in the Korean shipbuilding and shipping industry. Mr.
Matson Announces Q2 2019 Results; Lowers FY2019 Outlook
Matson reported net income of $18.4 million, or $0.43 per diluted share, for the quarter ended June 30, 2019. Net income for the quarter ended June 30, 2018 was $32.6 million, or $0.76 per diluted share. Consolidated revenue for the second quarter 2019 was $557.9 million compared with $557.1 million for the second quarter 2018. For the six months ended June 30, 2019, Matson reported net income of $30.9 million…
Panama: Canal Operating normally; no ships detained
Panama's Canal Authority said on Wednesday that the canal was operating normally and without delays, adding that no ships had been detained in the trade waterway.The entity posted the statement on Twitter in response to a tweet from Venezuela's Vice President Delcy Rodriguez, who said a ship carrying 25,000 tonnes of soy had been detained in the canal.Reporting by Daina Beth Solomon
HDR to Lead $870M Rail Project at PoLB
The Port of Long Beach, one of the greenest ports in the world, has selected HDR to perform the final design as it moves ahead with its $870 million effort to streamline rail operations and reduce bottlenecks at the second-busiest container port in the U.S.The Pier B On-Dock Rail Support Facility Project will expand the port’s capability for loading shipping containers directly on rail cars instead of being loaded on trucks for short-haul trips.
New Heavy Weight Record for Jumbo
Jumbo Kinetic recently lifted a giant 1,929 tonne Wash Tower, the heaviest cargo ever lifted by Jumbo.Samsung Engineering booked Jumbo to transport an ultra-heavy Wash Tower and 4 columns, including transport saddles, for the JUPC project in Saudi Arabia. The specialized Jumbo team handled the safe loading, sea fastening, and transportation of the 4 columns from Zhangjiagang, China and the Wash tower from Pyeongtaek…
Damen Signs Milestone Pontoon Order
Damen Shipyards Group has recently signed a contract for the delivery of a pontoon to France-based company, Marc SA. The contract is a significant one for Damen, being the 100th order for a pontoon since the company opened its dedicated Pontoons & Barges product department in 2010.The client, is a leading civil works company in Brittany, located in Brest, Roscoff, Cherbourg and Lorient and serves the urban, rural, road, rail, maritime, industrial and environmental sectors.
Mitsui O.S.K., Asahi to Develop Zero-emission Electric Vessels
Asahi Tanker Co., Ltd., Exeno Yamamizu Corporation, Mitsui O.S.K. Lines Ltd., and Mitsubishi Corporation today announced their agreement to create a strategic partnership to provide new infrastructure services in the marine shipping industry that focus on electrically powered vessels. Their newly established company, e5 Lab. Inc. (e5 Lab) will work to develop and promote the greater use of these relatively…
Chelsea Technologies Appoints Paull as MD
Chelsea Technologies, a leader in the design and manufacture of sensors for the maritime sector and a Sonardyne company, has announced the appointment of Elizabeth Paull as its new managing director. Paull, who joins the company from leading subsea technology developer Sonardyne International, has been appointed to further develop Chelsea Technologies as a market leader in environmental sensing technology across a variety of industry sectors…
Japan: No Maritime Force Proposal Discussions
Japanese Prime Minister Shinzo Abe and U.S. Defense Secretary Mark Esper did not have any particular exchange on the U.S.-proposed maritime coalition in the Middle East, Japan's top government spokesman said on Wednesday.Chief Cabinet Secretary Yoshihide Suga said that the premier and Esper confirmed the two nations would work on peace and prosperity in the Indo-Pacific region as well as further strengthen…
Maritime Recordkeeping is Serious Business
In addition to fuel, modern ships also run on paper or their electronic equivalent. Vessels are required to keep written or electronic records of many things – and the list is growing.There is the traditional Ship’s Log, which records the vessel’s position, course, speed, weather, and unusual events to name a few. The Oil Record Book (ORB) has been around for a long time and tracks all movement of oil throughout the vessel…
