Decarbonisation a Major Issue in Shipping
Survey respondents from 46 different countries around the world highlight ‘decarbonization of shipping’, ‘new environmental regulation’, ‘societal demands for sustainability’…
Hapag-Lloyd Intros IMO2020 Transition Charge
German international shipping and container transportation company Hapag-Lloyd has introduced IMO2020 Transition Charge (ITC) for short-term contracts.The introduction…
MasterCraft Boat Appoints Frederick Brightbill as CEO
MasterCraft Boat Holdings announced that its Board of Directors has appointed current Board Chair, Frederick A. Brightbill, as Interim Chief Executive Officer, effective…
Grindrod Announces Finance Arrangement
Grindrod Shipping Holdings, a global provider of maritime transportation services in the dry-bulk and product tanker sectors, announced a number of transactions…
Stena Estrid Completes Sea Trials
European ferry operator Stena Line has announced that the first of its three new E-Flexer class ferries destined for the Irish Sea, Stena Estrid has successfully…
Abu Dhabi Ports, Etisalat Join Forces on Digital Services
Maqta Gateway, a subsidiary of Abu Dhabi Ports signed a Memorandum of Understanding (MoU) with Etisalat enabling connectivity and bringing digital innovation across…
WASP Sets Sail on its 3-Year Voyage
The WASP (Wind Assisted Ship Propulsion) project, funded by the Interreg North Sea Europe program, part of the European Regional Development Fund (ERDF) to the tune…
Lloyd's Warns of Cyber Risks for Asian Ports
Lloyd's of London report stated that the cyber-attack on major ports across the Asia-Pacific could cost losses of up to $110 billion would occur in an extreme scenario…
Netherlands, Poland Pact on Ports
Polish President Andrzej Duda visited the Port of Rotterdam during his State Visit to the Netherlands in connection with the 75th remembrance of the liberation of…
Denmark OKs Nord Stream 2 Project
Denmark has granted permission for the Russian Nord Stream 2 natural gas pipeline to be constructed across Danish seabed in the Baltic Sea, leading to Germany.The…
Europe Establishes Waterborne TP
The European Commission and Member States will establish a co-programed partnership zero-emission waterborne transport in the framework of Horizon Europe (the EU’s…
Rotterdam Port Halts No-deal Brexit Preps
The Port of Rotterdam Authority has again put its preparatory measures for a No-Deal Brexit on hold following recommendations from the Ministry of Foreign Affairs.The largest port in Europe…
Baltic Index Inches Lower on Weaker Panamax Demand
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, inched lower on Wednesday on weaker demand for panamax vessels.The Baltic index, which reflects rates for capesize, panamax and supramax vessels, edged down by 20 points, or 1.1%, to 1,782.The capesize index was unchanged at 3,078 points. Limited activity in both the Atlantic and Pacific basins and the resistance of charterers to current freight rates led to lower market rates…
Viva Energy Fuels the Future of Shipping
Viva Energy Australia announced the launch of its new very low sulphur fuel oil (VLSFO), developed to meet the International Maritime Organization’s (IMO) new regulations on fuel sulphur content.The new regulations will limit the sulphur content in marine fuels to 0.5% from the current level of 3.5%, in a move to reduce sulphur oxide emissions globally. Vessels worldwide will be required to comply by January 1…
FarSounder Unveils 3D Forward-Looking Sonar
FarSounder has debuted a new sonar and a new name for its series of 3D forward-looking navigation sonars. With the company’s continued growth and focus on research and development, it was time to give the series a name and offer more alternatives. The new name is the Argos series and are now 3 models in the series. The latest model the Argos 350 will be revealed for the first time at Fort Lauderdale…
Fincantieri's French Shipyard Bid Gets EU Scrutiny
Italy's bid to create a European industrial champion in the shipbuilding industry faces hurdles after EU antitrust regulators said Fincantieri's bid for Chantiers de l'Atlantique would significantly reduce competition.The European Commission said the deal between two global leaders in an already concentrated and capacity-constrained market could push up prices for cruise ships as it began an investigation on Wednesday.Italy is hoping the deal will help Fincantieri…
Mobilgard for Plug-In Hybrid Vessel
ExxonMobil is supplying Mobilgard ADL 40 engine oil for Color Hybrid, Color Line’s latest addition to its fleet of ferries. The vessel is the world’s largest plug-in battery hybrid ship and was recently named ‘ship of the year 2019’ by Nor-Shipping.The vessel, which is already in service between Sandefjord, Norway, and Strömstad, Sweden, is capable of carrying 2,000 passengers and 500 cars. It combines…
CSB: Chemical Leak Caused Fire at ITC Houston Terminal
The U.S. Chemical Safety Board (CSB) said on Wednesday that a fuel leak, possibly due to open valves and a running pump, set off a massive blaze at a Mitsui & Co Ltd petrochemical storage operation along the Houston Ship Channel in March.The fire that began on March 17 at Intercontinental Terminals Co (ITC) spread black smoke across Houston, shut the nearby ship channel, slowed production at local…
New 3D Geophysical Survey Vessel Named
On September 29, a delivery ceremony for a new 3D geophysical seismic survey vessel was held at the port of Tokyo and attended by NYK chairman Tadaki Naito.The new vessel, Tansa, will be operated by Ocean Geo-Frontier Co. Ltd (OGF), a company jointly owned by NYK and others.Through a consignment service agreement with OGF and JOGMEC, NYK is entering the geophysical survey business at the most upstream…
A Second Damen FCS 2610 for MMS Offshore
MMS Offshore Renewable Services Ltd has taken delivery of a Fast Crew Supplier (FCS) 2610 from Damen Shipyards Group. The new vessel – to be called MMS Superior – will be deployed in a variety of roles in the offshore renewables, oil & gas and marine civil engineering sectors.MMS Offshore Renewable Services is located on the banks of the River Humber in Hull and Grimsby, UK. The company operates a modern fleet that consists of workboats and multi-purpose wind farm support vessels…
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