BIMCO Offers Bunker Fuel Price Monitoring
BIMCO has developed a monitoring service for bunker prices, with data provided by MABUX, which is now available to all BIMCO members. The new interactive graphs allow price fluctuations in the major bunkering hubs of Singapore and Rotterdam to be tracked. They will show the bunker prices for 380cST HSFO (high sulphur fuel oil) and MGO LS (marine gas oil low sulfur), both in USD per metric ton, as well as the spread between the two fuel types, with data available since June 2017.
ONE SEA Adds Awake.AI to Autonomous Ecosystem
ONE SEA, an industry alliance bringing together leading exponents of autonomous ship technology, has made a significant addition to its growing membership, after signing up Awake.AI - a company led by an experienced team of maritime digital innovators.Awake.AI is aiming to create a new platform and ML models (Machine learning) based on transparent data sharing to break down the barriers between ships, ports and other actors in the maritime logistics chain.
MISC Secures ExxonMobil LNG Tanker Contract
MISC Berhad (MISC) through its wholly-owned subsidiaries have secured agreements with Exxon Mobil Corporation’s wholly-owned subsidiary, SeaRiver Maritime LLC (SeaRiver) for the time charter contracts of two Liquefied Natural Gas (LNG) carriers.Each of the LNG carriers will respectively serve the transportation needs of ExxonMobil’s worldwide LNG portfolio on a 15-year charter contract.Prior to this…
García Appointed to SENER's Board of Directors
The SENER engineering and technology group has appointed Rosa García as a member of its Board of Directors.As an independent Director, she undertakes to contribute her knowledge in defining and monitoring the Group's strategy, as well as applying her training in corporate governance and providing value to shareholders and stakeholders.Rosa García, who holds a degree in Mathematics from Universidad Autónoma de Madrid (Spain)…
Fuel Cells for Maritime Shipping
Freudenberg Sealing Technologies will act as a technology partner in the Pa-X-ell2 project. The goal is to develop a new generation of fuel cells for use on seagoing vessels. For the future project on sustainable, CO2-free mobility at sea, the largest shipyard for the construction of cruise ships – Meyer Werft in Papenburg – and the global technology specialist Freudenberg Sealing Technologies intend to equip future generations of cruise ships with fuel cell propulsion.
ClassNK Promotes 'Getting to Zero' Coalition
Classification Society ClassNK is participating in the “Getting to Zero Coalition”, an international corporate coalition that promotes the de-carbonization of the maritime industry.The Getting to Zero Coalition is an alliance that aims to have commercially viable zero emission vessels powered by zero emission fuels operating along international trade routes by 2030 in order to accomplish the IMO’s…
Autonomous Shipping – Cyber Hazards Ahead
![A look at the typical areas most frequently seen as the scene of common accidents on board workboats. (source: European Maritime Safety Agency [EMSA])](https://images.marinelink.com/images/maritime/w100h1500/a-look-at-the-typical-105797.jpg)
If autonomous vessels are the future of maritime shipping, then cyber threats may be its Achilles heel. Congested shipping, restricted visibility, limited maneuverability, and intensive docking activities all contribute to port hazards – 42 percent of EU reported marine accidents (injury/death/damage to ships) took place in port areas and 44 percent of workboat fatalities occurred on Tugs. Autonomous…
COSCO VLCC Discharges at Exxon's Singapore Facility
A supertanker owned by a subsidiary of COSCO Shipping Tanker (Dalian), which is under United States sanctions for alleged transportation of Iranian oil, has docked…
Greece Trims Piraeus Port investment plan
Greece has trimmed an investment plan by Piraeus Port Authority (PPA) to boost operations at one of Europe's largest harbours, rejecting proposals for a new container terminal.PPA, majority owned by China's COSCO Shipping , had submitted to Greece's shipping ministry an 800-million-euro plan, which included a new cruise ship terminal, a mall and four hotels in the port.PPA had also proposed to build…
Interview: Martin Kits van Heyningen, CEO, KVH
Connectivity is the backbone of modern maritime operations as ships and boats at sea increasingly become connected. We recently met with Martin Kits van Heyningen, CEO, KVH, to discuss the evolution of communication in the maritime sector and so much more, as KVH is diverse and engaged in a number of markets -- including autonomy for 10 years with work on about 30 different platforms for self-driving vehicles.To start…
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