Belgium Players Join Forces Hydrogen Transportation
The climate target to reduce CO2 emissions in Belgium by 80% by 2050 compared to 2005 levels is a major challenge. Hydrogen has an important role to play in the…
Smart Ports: Piers of Future
For the first time, the ports of Antwerp, Barcelona, Hamburg, Los Angeles, Montreal and Rotterdam come together to showcase their most advanced digital transformation…
SHI to Pay $75m in Fine: US Justice Dept
South Korean shipbuilder Samsung Heavy Industries Co. (SHI) has agreed to pay $75 million in penalties to avoid prosecution in the United States over its scheme…
EIA, IEA Grossly Overestimating US Shale: ESAI
ESAI Energy, an oil & energy data provider, believes both the US Energy Information Administration (EIA) and the International Energy Agency (IEA) are overly optimistic…
Elbe Project: Underwater Storage Areas Completed
The Port of Hamburg announced that in the course of the Elbe's river dredging, construction stones to improve usability for shipping, were successfully build into…
Ferry Faults: USCG Suspends Ops on 23 NY Ferries
The U.S. Coast Guard ordered 23 New York Waterway ferries to suspend service over the last week after a series of inspections found the vessels to be operationally unfit. Coast Guard Sector New York marine inspectors determined the 23 ferries had damage or discrepancies significant enough to warrant a suspension of service. So far, two of those vessels have been reinspected and returned to normal operations.
Harry DeWolf's Sea Trials Underway
Halifax Shipyard has commenced initial builder’s sea trials for Canada’s lead Arctic and Offshore Patrol Ship (AOPS), the future HMCS Harry DeWolf.The lead AOPS departed Halifax Shipyard at 0945 and…
Fed Okays Rio Grande LNG Project
NextDecade Corporation announced that the Federal Energy Regulatory Commission (FERC) has issued an order authorizing the siting, construction and operation of its…
FPSO Vessel Revenue to Reach $8.30Bln by 2026
The global floating production storage and offloading (FPSO) vessel market is expected to grow at a robust rate of 11.80% during the forecast period 2016 to 2026.
APM Terminals Intros Monitoring System
APM Terminals, an international container terminal operating company headquartered in The Hague, has commenced the global rollout of an advanced application monitoring solution…
GEA, MAN Unveil Marine Separator
German technology group GEA is supporting the compatriot manufacturer of marine engines MAN with new separator in the development of a game changer.With the help of a system partnership…
WOC Signs Pact with WISTA International
A new partnership between World Ocean Council (WOC) and WISTA International will advance women’s leadership in the sustainable blue economy.The WOC and WISTA is…
Waterborne LPG Trade Reaches 28.2MT
Global waterborne LPG trade reached 28.2 million tons, 14.1% growth year over year, said Singapore-headquartered BW LPG.Global LPG trade continues to be driven by the U.S.
BIMCO: Chinese Steel Production Declines
Chinese steel production dropped by one million (1m) tons, a decline of 1.2%, compared to October last year. China produced 81m tonnes of crude steel in October 2019. This is the first decline in steel production year-on-year (y-o-y) since December 2017.The story unfolds quite differently when looking at the accumulated volumes of crude steel production. In total, China has produced 829m tonnes of crude steel through the first 10 months of 2019…
$20m Infrastructure Investment in Jacksonville
U.S. Department of Transportation Maritime Administration Administrator, Admiral Mark Buzby formally presented a check for $20 million to Jacksonville for the International Cargo Terminal Modernization Project. U.S. Secretary of Transportation Elaine L. Chao has announced that the Trump Administration will invest $900 million in American infrastructure through the Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary Grants program.
Court Reviewing Bourbon Takeover Bids
Takeover offers for the assets and activities of French offshore services company Bourbon will be reviewed by the Marseilles Commercial Court next month, Bourbon said in a a company update.Four candidates have submitted an offer concerning assets and activities of BOURBON Corporation and/or BOURBON Maritime, Bourbon said.As part of the reorganization proceedings opened since August 7, 2019 to the benefit of the holding BOURBON Corporation and its sub-holding BOURBON Maritime…
Baltic Index Snaps Losing Streak
The Baltic Exchange's main sea freight index on Friday rose for the first time in seven sessions, helped by an uptick in capesize rates.* The Baltic index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose 29 points, or 2.3%, to 1,284 points.* For the week, however, the index recorded its sixth straight fall, declining by 5.4%.* The capesize index rose 92 points…
Diana Shipping Announces T/C Contracts
Diana Shipping Inc. has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Oldendorff Carriers GmbH & Co.
Sixth High-Speed Launch for Delta Pilots
Delta Launch Services has ordered a new pilot boat from Gladding-Hearn Shipbuilding, Duclos Corporation. This is the sixth St. John’s Class launch built by the Somerset, Mass. shipyard. Delivery of the new 52-footer is scheduled for July 2020.The new launch measures of 52.6’ overall, with a beam of 16.11’ and a draft of 4.8’, the all-aluminum pilot boat features the Ray Hunt Designs Deep-V hull. It will be powered by twin Caterpillar C-18 EPA Tier 3 diesel engines…
Damen Signs EPC Contract with Swedish Coastguard
Damen Oskarshamnsvarvet has signed an engineering, procurement and construction (EPC) contract with Kustbevakningen, the Swedish Coastguard (KBV), for modernization on the vessel KBV 181. The vessel was built as a patrol boat, but will after modification serve as a combination vessel, for both patrol and oil recovery. It is used also by Umeå Marine Forskningscenter (UMF) for research and environmental…
