COSCO VLCC Wins Temporary Sanction Relief
A supertanker owned by COSCO Shipping Tankers (Dalian) has received a temporary waiver from U.S. sanctions that has allowed the ship to discharge crude oil cargoes, a source with direct knowledge of the matter said on Wednesday.The Very large crude carrier (VLCC) Coswisdom Lake, which discharged some crude in Singapore last week, offloaded its remaining oil at Brunei on Wednesday, shipping data on Refinitiv Eikon showed.The sanctions will resume after the cargoes are discharged…
BV Calls for Higher Ship Recycling Standards
Bureau Veritas Solutions Marine & Offshore is encouraging the shipping industry to embrace higher standards in ship recycling and offering its guidance to help meet the challenge of compliance. BVS, with a network of trained experts world-wide, provides ship owners, ship managers and ship recycling facilities with a full scope of services to support compliance. This is both during the operational life of a vessel and through the end-of-life phase…
Tankers Switch from Clean to Dirty as Rates Surge
A recent surge in tanker rates due to U.S.
Partners Developing LNG-fueled VLCC
Partners involved in a new joint development project (JDP) have set out to design a very large crude carrier (VLCC) that will run on liquefied natural gas (LNG) fuel.Lloyd's Register (LR), China Merchants Energy Shipping Co., Ltd. (CMES), CNOOC Gas and Power Group, Dalian Shipbuilding Industry Co., Ltd. (DSIC), and GazTransport and Technigaz SA (GTT) have teamed up to evaluate design options for an LNG-fueled VLCC that uses a prismatic GTT Mark III membrane LNG tank.
Marlink, Intelsat Renew Connectivity Pact
Marlink and Intelsat have announced that the companies have agreed to a multi-year renewal and expansion of their partnership to provide broadband services to maritime vessels around the world. The multi-year agreement will deliver additional throughput to vessels via multiple layers of space-based coverage, ensuring that ship owners and operators have the flexibility and access to reliable, high-quality…
BIMCO’s Sand to Offer Boxship Insight in Athens
BIMCO’s Chief Shipping Analyst, Peter Sand, will be speaking and providing the audience with unique insights on the container market at the European Shipping Seminar on November 27, 2019 in Athens, Greece.The European Shipping Seminar, hosted by S&P Global Platts, will discuss the various topics relating to the commercial shipping markets and take a deep dive into how the shipping industry will navigate…
U.S. Great Lakes Ports on Pace to Beat 2018 Volumes
U.S. Great Lakes ports are on pace to beat 2018 cargo volumes following a robust September handling road salt, cement, stone, petroleum and wind energy components.“U.S. Great Lakes ports are reporting cargo growth as they support the region’s construction activity and energy needs and help our cities prepare for the winter ahead,” said Bruce Burrows, President of the Chamber of Marine Commerce. “Iron ore exports from Minnesota to Japan and China via the St.
New Hybrid-Electric Ferry Program for WSF
Dignitaries from the state of Washington joined Governor Jay Inslee, Washington State Ferries officials and Vigor employees at Vigor’s Seattle shipyard to celebrate the beginning of the greening of WSF’s fleet. Speakers included Governor Inslee, Roger Millar, Secretary of Transportation for Washington State Department of Transportation, and Vigor CEO Frank Foti. The ceremony concluded with a dedication…
BMT’s 85m Ro-Pax Cat
BMT Specialized Ship Design has recently designed an 85m catamaran vehicle-passenger ferry built by Strategic Marine Vietnam, for family-owned Scottish ferry operator Pentland Ferries. The vessel is the latest in a series of collaborations between Strategic Marine and BMT, which now includes a variety of ferries and the extensive portfolio of windfarm support vessels, with the partnership continuing to expand.
“Minor” Incident Sends Mariner Down S&R Rabbit Hole
The twists and turns of any marine casualty investigation can be unpredictable, but what is predictable is the potentially crushing cost to defend your license,…
U.S. Frets About Untrackable China Ships with Iran Oil
The White House is warning Chinese shipping companies against turning off their ships' transponders to hide Iranian oil shipments in violation of U.S. sanctions, two senior administration officials said."We've been messaging very heavily to the shipping companies, you don't want to do this, it's not worth it," said one official, who spoke to Reuters on condition of anonymity. "It's incredibly dangerous and irresponsible behavior."China is the largest remaining buyer of Iranian oil after U.S.
NATO RV Alliance is not just quiet, it’s ice-capable
An interview with Ian Sage, director for marine operations, NATO Center for Maritime Research and Experimentation, La Spezia, Italy.NATO’s 3,100-ton, 305-foot research vessel NRV Alliance has been a leading platform for underwater acoustics research to the benefit of NATO navies. The ship operated with a civilian crew under the German flag for many years for the NATO SACLANT Center, later renamed the NATO Undersea Research Center…
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