Spanish NGO Boat Seeks Safe Port for 124 People
A Spanish charity rescue boat sought safe port on Friday after Italy rejected its request to disembark 124 people saved from two migrant rafts in the Mediterranean…
AAL’s Adoption Of IMO 2020 Mandates
With widespread discussion and reporting about the IMO 2020 ‘Sulphur Cap’ regulation, coming into effect January 1st 2020, we would like to clarify our position and how we plan to move forward over the coming weeks and months to fully prepare ourselves and our customers for this important and long-awaited milestone in our sector’s history. Kyriacos Panayides, Managing Director, AAL, weighs in on the…
NOIA Weighs in on The COASTAL Act
National Ocean Industries Association (NOIA) Vice President for Government and Political Affairs Tim Charters issued the following statement after the introduction of the Conservation of America’s Shoreline Terrain and Aquatic Life (COASTAL) Act:“It is vital that American offshore energy production promote equity for the states immediately adjacent to these offshore areas. By amending GOMESA and establishing a revenue sharing program for Alaska…
Christening Ceremony for Hankyu Ferry
Mitsubishi Shipbuilding Co., Ltd., a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, held a christening and launch ceremony on August 2 for a ferry currently under construction for Hankyu Ferry Co., Ltd., which is based in Kitakyushu, Fukuoka. The new vessel, named "Settsu," will replace the superannuated "Yamato," one of four large ferries operated by the company. After completion of rigging work…
Ship Supply, Easing Demand Pull Down Baltic Index
The Baltic Exchange's main sea freight index fell for a ninth straight session on Friday to a three-week low, hurt by higher vessel supply and soft demand in the Atlantic and Pacific basins.* The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 24 points, or 1.3%, to 1,788 points, lowest since July 11. The index was lower for a second straight week, down 7.7%.* The index has still more than tripled since February…
Damen Multi-Mission 1608 for Aquaculture
On 26th July, Damen Shipyards Group and Coastal Workboats Scotland unveiled a new vessel for the aquaculture industry in Oban, Scotland. The unveiling of the new Damen Landing Utility Vessel 1608 took place at the same time as the handover of the first in series, to client Loch Duart.The LUV 1608 is built by Coastal Workboats Scotland to a Damen design that was engineered by Damen design bureau OSD/IMT.
AK Boaters Likely Killed by Glacier Ice
The bodies of three boaters from Europe who died in an Alaska lake were surrounded by frozen debris, a sign that the victims were killed by ice that fell from the melting glacier that feeds the lake…
Japan Refuses to Join U.S. Middle East Coalition
Japan will not send warships to join a U.S.-led maritime force to guard oil tankers in the Strait of Hormuz fearing a military response from Iran, but it may send patrol aircraft, said the Mainichi newspaper, citing unidentified government sources.But Japan may send warships independently to protect Japanese ships in the world's most important oil artery, the newspaper said on Friday."We are closely…
K-Line Guilty of 'cartel conduct'
Japanese shipping firm Kawasaki Kisen Kaisha Ltd (K-Line) was convicted of criminal cartel conduct and ordered to pay a A$34.5 million ($23.50 million) fine by a federal court, Australia's competition regulator said on Friday.K-Line’s fine is the largest ever criminal penalty imposed under the Competition and Consumer Act, according to the Australian Competition and Consumer Commission (ACCC).The company was found to have engaged in a cartel with other shipping companies in order to fix prices o
LNG Traders Mull Shipping Options
Traders are starting to make enquiries to book vessels to store or ship liquefied natural gas (LNG) as they bet for winter demand to boost prices for spot cargoes which are trading near record lows, multiple industry sources said on Friday.Enquiries are trickling in for booking vessels on a spot basis, ranging from a period of one month to several months, which is expected to push shipping rates up…
31 Missing in Indonesian Fishing Boat Sinking
Indonesian rescuers were battling high tides and strong winds on Friday in a search for 31 people missing after a fishing boat sank in waters off Borneo island, killing at least four…
MODEC Unveils New FPSO Designs
Japanese floating production specialist MODEC has developed a pair of next generation new build hull designs for floating production, storage and offloading (FPSO) vessels developed in partnership with Mitsui E&S Shipbuilding, targeting greater production and storage capacity.As a result of increases in required crude oil and gas production capacities, FPSO topsides have become bigger and heavier,…
Seismic Solutions Market to Reach $890mln by 2024
The global offshore oil and gas seismic equipment and acquisitions solutions market stood at around $660 million in 2018 and is forecast to grow at a CAGR of 5%…
Stork Awarded Evergreen Gig for UK Assets
Fluor Corporation announced that Stork, part of Fluor’s Diversified Services segment, was awarded a contract extension by Centrica Storage Limited to continue providing…
DEME Installs MOG Export Cable
Offshore services provider DEME has completed the installation of a subsea export cable for Belgian grid operator Elia's Modular Offshore Grid (MOG) ahead of schedule.The…
Belfast Opens New Cruise Terminal
Belfast Harbour, the maritime hub in Northern Ireland, said that it has opened the first dedicated cruise terminal on the island of Ireland to cater for Belfast’s…
GasLog Adds New LNGC from SHI
Monaco-based shipowner GasLog has taken delivery of the 180,000-m3 GasLog Warsaw liquefied natural gas carrier (LNGC) from South Korea’s Samsung Heavy Industries…
Chabahar Port Eyes 20% Increase in Cargo
Iran's Chabahar port expects 20% increase in cargo handling operations in the current year.The Director General of the ports and maritime of Sistan and Baluchistan, Behrouz Aghaei, announced the econ
Chinese Port Doubles Direct Connection with Europe
The deep water port on the shore of the Pearl river (aka Zhujiang River), in the Nansha District in the Southern China, Port of Nansha doubled direct connection…
Canada to Save Rapidly-Melting Arctic Ice
Canada’s Arctic warming at three times the global rate, permafrost melting 70 years ahead of predictions, the worst polar wildfire season on record.To counter bad news on northern climate-change…
