Clipper Bulk Expands Fleet
Dry bulk shipping firm Clipper Bulk has reached an agreement to expand its fleet with the purchase of three Handysize cargo vessels.The Copenhagen-based company…
Eesti Begins LNG Bunkering in Hanko Port
Estonian energy company Eesti Gaas began providing liquefied natural gas (LNG) bunkering services to LNG-powered vessels in the port of Hanko, Finland, for the first…
Green Light for Arctic LNG 2
The $21.3 billion Arctic liquefied natural gas (LNG)-2 project on the Gydan Peninsula headed by the Russian largest independent natural gas producer Novatek won…
Sri Lanks Invest $190mln on ECT Terminal
Sri Lanks will invest a sum of US$ 190 million to installs gantry cairns and also add other infrastructure to the East Container Terminal, said Sagala Ratnayaka…
Dr. Ricaurte Takes Office as Panama Canal Administrator
Dr. Ricaurte Vásquez Morales was sworn-in during a ceremony held at the Panama Canal Administration Building in Panama City, becoming the fourth Panamanian Administrator…
Saibu Gas, Novatek JV to Market LNG
Japanese natural gas distribution company Saibu Gas and Russian LNG project operator Novatek revealed plans to form a joint venture.Novatek announced that it has…
Euronav to Store Low-Sulfur Oil
The crude oil tanker company Euronav has purchased a total of 420,000 metric tons of compliant fuel oil and marine gasoil so far, the company revealed as it detailed its IMO 2020 sulfur cap plans.
China, Singapore Pact on Electronic Certificates in Shipping
China Maritime Safety Administration (MSA) and Maritime and Port Authority of Singapore (MPA) signed a Memorandum of Understanding (MOU) to promote bilateral use…
NGO Pushes for Green Recycling in North Sea
With the oil and gas sector seeing a downturn since 2014, the Platform has documented an increasing number of offshore units sold for scrap.While the recycling of…
Maersk, Koole in Dutch Deal for 2020 Fuel
Maersk’s subsidiary Maersk Oil Trading has teamed up with Dutch liquid bulk storage operator Koole Terminals for the production of IMO 2020-compliant bunker fuel…
NYK Wins Seafarers Safety Award
Japanese shipping giant Nippon Yusen Kaisha (NYK Line) has been recognized with the 2019 Seafarers Safety Initiative Grand Prize awarded by Japan’s Ministry of Land…
Navios Maritime Holdings Buys Vessels
The seaborne shipping and logistics company Navios Maritime Holdings took delivery of the Navios Herakles I, a newbuilt bareboat chartered-in Kamsarmax of 81,600…
Evergreen, CN Extend Intermodal Pact
Canadian National Railway (CN) and Taiwanese container transportation and shipping company Evergreen Line announced that their long-standing relationship of 27 years…
Bollinger Announces Promotion
Bollinger Shipyards announces the promotion of Christian Pierce to Director of Engineering.Within this role, Pierce will lead the engineering department in all facets of engineering on both government and commercial programs and is responsible for the execution of functional and design engineering compliant with customer requirements.Since joining the Bollinger team in 2017, Mr. Pierce held the positions…
Baltic Index Snaps 10-day Winning Streak
The Baltic Exchange's main sea freight index fell on Thursday, breaking a 10-day winning streak, as rates for capesize vessels eased.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 19 points, or 0.8%, to 2,499 points. On Wednesday, the index hit its highest since November 2010 at 2,518 points. "We certainly expect freight rates to come down from the highest that we've seen just during the spike now…
Free IMO 2020 Compliance Training from Videotel
Videotel has announced that it is offering the maritime industry free access to its new training package called: “The 2020 Sulphur Regulations – Achieving Compliance”.As the first January 2020 is rapidly approaching, this free awareness video clearly sets out the new regulations, where and how they apply, how they are to be enforced and what crews and owners need to do to be compliant.In essence there…
Hempel Launches Hempaguard MaX Coatings
Global coatings manufacturer Hempel has launched an innovative new fouling defense system – Hempaguard MaX.This unique three-coat system provides vessels with a smoother hull. It reduces drag and results in significantly lower fuel requirements, and will deliver a guaranteed maximum speed loss* of 1.2 percent over five years. The Hempaguard MaX system is applied in just three layers, meaning it can be applied more quickly, reducing time in dry dock by up to two days.
First Hybrid Fish Farm Boat On the Water
Danfoss Editron has delivered two 105kW motors that will help power Edel, the first hybrid vessel built for the aquaculture sector by Norwegian shipyard Moen Marin. Edel is also the first diesel-electric vessel in the fleet of NRS Farming, Norway’s leading producer of sustainable salmon.The 13.5 by 7.5m vessel will become part of NRS Farming’s fleet and be used for sustainable fishing in salmon farms located in Norway’s fjords.
Polymer Pioneer Wins Sperry Award
Thordon Bearings’ founder and polymer materials pioneer George A. (Sandy) Thomson has been awarded the global transportation sector’s most distinguished accolade, the Elmer A. Sperry Award 2019 for “Advancing the Art of Transportation”.Thomson joins a long list of Sperry Award recipients, which was established in 1955, including Donald Douglas, Ferdinand Porsche, Sir Geoffrey De Havilland, Christopher Cockerell…
Great Lakes Iron Ore Trade Up in July
Shipments of iron ore on the Great Lakes totaled 6.56 million tons in July, an increase of 1.5 percent compared to a year ago. Shipments were also 9.8 percent ahead of the month’s 5-year average.Year-to-date the iron ore trade stands at 26.8 million tons, an increase of 0.5 percent compared to the same point in 2018. Iron ore shipments are 6.3 percent ahead of their 5-year average for the first seven months of the year.
