BunkerTrace Goes Live
On Friday, BunkerTrace, the unique blockchain and DNA- based fuels tracking solution, announced its commercial launch shortly after a successful trial in the Netherlands on Thursday, October 3, which was conducted in partnership with Cooperative Bebeka. Announcing the launch at Aracon, BunkerTrace is now ready to receive requests for commercial partnerships and adoption by bunker suppliers, ports and operators.The solution…
Sovcomflot Advances Green Shipping Along the NSR
Two large-capacity Sovcomflot tankers using cleaner-burning LNG as a primary fuel, Mendeleev Prospect and Lomonosov Prospect, have successfully completed their respective voyages eastbound along the Northern Sea Route (NSR).Lomonosov Prospect has reached Cape Dezhnev, the easternmost end of the NSR, at 05:50 Moscow time on October 16, 2019. Mendeleev Prospect did the same three days later, at 13:00 Moscow time on October 19, 2019.
Anglo-Eastern, Naval Dome Ink Cyber MOU
Global ship manager Anglo-Eastern has inked a memorandum of understanding on cyber security with Naval Dome.Signed by Capt. Bjorn Hojgaard, CEO of Anglo-Eastern, and Naval Dome CEO Itai Sela, the agreement underpins the ship manager’s commitment to protecting the vessels and personnel under its management from cyber-attack.Under the agreement, Naval Dome will provide Anglo-Eastern with cyber security…
Interferry Conference Highlights Zero-Emissions
Acknowledging the need to be a leader in the transition to a lower carbon future and eventually net zero emissions, global trade association Interferry convened its 44th annual conference on the theme of innovation - exploring the potential to transform every aspect of the ferry industry. The drive towards zero-emission ferries captured major attention among a record 420 delegates drawn to London earlier this month by a wide-ranging technical, operational and commercial agenda.
Semco Inks Agreement with the Armed Forces
Semco Maritime AS (Norway) has signed a framework agreement with the Armed Forces.Semco Maritime AS has entered into a framework agreement with the Norwegian Defense Logistics Organization (FLO)The agreement covers the navy / coastguard vessels at Haakonsvern base and all assignments under this agreement will be handled from Semco Maritime’s shipyard at Hanøytangen.The agreement, which has a duration of four years…
Maersk Lifts 2019 Profit Forecast; Shares Rise
Danish shipping company A.P.
Temasek Bids $3 Bln for Control of Keppel
Singapore state investor Temasek Holdings is offering to buy control of conglomerate Keppel Corp in a S$4.1 billion ($3 billion) deal that could hasten a consolidation in the rig building sector which is battling the effects of low oil prices.The announcement, which confirmed what two sources with knowledge of the matter told Reuters earlier on Monday, boosted shares in rig builder Sembcorp Marine by 12% on expectations of a likely shake-up in the industry.
Østensjø Rederi Orders Four Newbuilds
Aiming to meet increasing demand in the offshore wind market, Norwegian owner Østensjø Rederi said it has signed a letter of intent (LOI) for the construction of four commissioning service operation vessels (CSOV) to be built at at the Astilleros Gondán shipyard in Spain for delivery from 2022.Designed by Salt Ship Design in Norway, the 88.3-meter-long vessels will be utilized for service operations during the commissioning and operation of offshore wind farms.
Nakilat Posts 10.5% Surge in 9 Month's Net Profit
Qatari shipping and maritime company Qatar Gas Transport Company (Nakilat) reported a 10.5% year-on-year increase in net profit to QR728mn (USD 200 million) in the…
Damen, Maris Join Forces to Tackle Seaweed
Dutch shipbuilding giant and Maris Projects, a player in marine and oceanographic data management services, have joined forces to tackle the issue of invasive Sargassum…
Neptun Werft Lays Keel for AIDAcosma
The first building-block for AIDA Cruises’ second LNG-fueled cruise ship was put in place at the Neptun Werft shipyard in Rostock, Germany.The two trainees, Charleen…
Castor Maritime Acquires Third Panamax Bulker
Cyprus-based dry bulk shipping company Castor Maritime has acquired its third Panamax dry bulk carrier for $10.2mln.The global shipping company specializing in the…
IMO Unites Maritime Industry in London
International Maritime Organization (IMO) is the only United Nations agency based in London but the city itself is home to the headquarters and country offices…
Green Shipping Fuels of the Future
Ammonia and hydrogen are promising potential fuels of the future in a de-carbonized shipping industry, which has to switch to alternative, zero carbon fuels in order…
Coast Guard Issues RFI for Offshore Patrol Cutter
On October 18 the U.S. Coast Guard issues a Request for Information (RFI) for information and planning purposes only.On October 10, 2019, the U.S. Department of…
LR Grants Jiangnan AiP for VLGC Design
Classification society Lloyd's Register has awarded Chinese shipbuilder Jiangnan Shipyard (Group) Co., Ltd with Approval in Principle (AiP) for its 91,000-cubic-meter very large gas carrier (VLGC).The design, named “Panda 91T”, includes an liquefied petroleum gas (LPG) dual-fueled main engine and relevant fuel gas system, as well as an optional air lubrication system and the Energy Efficiency Design Index (EEDI) is approximately 40% lower than the base value…
Training Tips for Ships: Tip #5
– The Simple Secret to Making Randomized Exams Fair – In last month’s Training Tips for Ships, we made the important point that we must never give different people the same exam. If we use an exam over and over, our trainees will very quickly learn what questions are on the exam and share the answers with their friends. Suddenly exam scores begin going up, and time spent learning goes down – both for the wrong reasons.
W. Africa Crude-Freight costs ease, especially for VLCCs
Freight rates eased further on Friday, especially for the largest oil tankers, promising some recovery for West African oil prices which had touched multi-year lows. VLCC freight costs eased more rapidly than smaller Suezmaxes, making it less advantageous to ship on the latter. Prices for Suezmaxes were estimated around world scale 190-200, with one European buyer estimating further relief to around…
Pipe Freezing for Quick Pipe Repairs
Avoiding the requirement to drain down pipelines for repair work or to carry out maintenance can save a considerable amount of time and potential loss of product.Qwik-Freezer Pipe Freezing System eliminates the need to drain pipework by creating a freeze plug. Available from the Pipestoppers Division of Huntingdon Fusion Techniques HFT Qwik-Freezer is a very cost effective and quick way to perform pipeline maintenance without draining the system…
New Concept Ice Class Tugs for Svitzer
Med Marine has recently signed a newbuilding contract with Danish operator, Svitzer for two icebreaking tugboats.The design is new in Med Marine’s portfolio and comes with some great features for extreme climate conditions.TundRA 3000 is a concept design by Canadian designer Robert Allan Ltd. As the designer has experience in working with different companies operating in harsh winter conditions, TundRA was a great fit for Svitzer’s North European fleet.