BREXIT: North P&I Gets OK for Dublin Brexit Hub
British ship insurer North has received regulatory approval from Ireland's central bank for a new subsidiary in Dublin to ensure continued access to trade in the European Union in case Britain loses single market access, the firm said on Friday.North, which has its headquarters in the northern England city of Newcastle, is the first specialist Protection and Indemnity (P&I) club to announce regulatory approval for Brexit trading arrangements in the EU.
World Seaborne Coal Trade Rose 3.7% in 2018
World coal seaborne trade grew 3.7 percent last year helped by higher output in India, Indonesia and Russia, Germany's VDKI coal importers lobby said on Friday.Imports and exports rose to 1.202 billion tonnes from 1.159 billion tonnes in 2017, VDKI Managing Director Franz-Josef Wodopia said in an speech made available to Reuters.Of the total, trade in steam coal used in power stations rose by 3.6 percent…
Seaway Activity Exceeds 40 Million Tonnes in 2018
The St. Lawrence Seaway Management Corporation (SLSMC) has announced that tonnage on the waterway during the 2018 navigation season totaled 40.9 million tonnes.
EVAC Acquires Transvac Systems
Evac has acquired Transvac Systems, aUK business specializing in the distribution and servicing of wastewater treatment systems, sanitary systems and ballast water treatment systems for ships and offshore platforms.This is in step with Evac's global operations expansion, started with its acquisition of another UK company, Cathelco, in May 2018. Last year EVAC totaled sales of about $182 million.One…
GasLog's LNG Pair to be Built at SHI with GTT Tank
Gaztransport & Technigaz (GTT) announced that it has received an order from the Korean shipyard Samsung Heavy Industries (SHI) for the tank design of two LNG carriers…
Seaspan Awarded Major Joint Support Ships Contract
Seaspan Shipyards (Seaspan) has awarded L3 MAPPS a contract for work on Canada’s new Joint Support Ships (JSS).According to a press release, the award is one of…
Siemens Gamesa Launches First 10MW Offshore Turbine
Spanish offshore industry player Siemens Gamesa Renewable Energy (SGRE) has unveiled a giant new 10+ MW wind turbine it claims will boost yields by 30 per cent,…
Ørsted Collaborates with US Fishing Coalition on Offshore Wind
Global developer of offshore wind farms Ørsted U.S. Offshore Wind has entered into a partnership agreement with Responsible Offshore Development Alliance (RODA)…
Vietnam Welcomes World's Largest Container Ship
CMA CGM Marco Polo, the largest container ship in the world, docked at the major international seaport Cai Mep International Terminal (CMIT) in the southern Vietnamese province of Ba Ria-Vung Tau…
Ineos to Invest $3.4 bln in Antwerp Port
Europe’s largest petrochemicals company Ineos has chosen the Port of Antwerp as the location for a mega-investment of three billion euros ($3.4 billion).The British…
LNG REPORT: LNG Bunkering Vessels Rise to Nine, 30 More to Come
The liquefied natural gas (LNG) bunkering infrastructure is expanding globally and there are increasing numbers of LNG-bunker vessels which are encouraging other…
Zvezda Shipyard Order Jumps Up by 42%
Russian Zvezda Shipbuilding Complex has increased its portfolio of orders by 42 percent in the second half of 2018.The shipbuilding and engineering complex in the…
LNG REPORT: 143 LNG-Powered Vessels in Operation, 270 to Come
Currently, the liquefied natural gas (LNG)-powered fleet has grown globally from 118 LNG-powered vessels in operation in 2017, to 143 LNG-powered vessels in operation…
Port Canaveral Moves Ahead with Cruise Terminal 3
Florida's Canaveral Port Authority has awarded a $108.5m contract to Ivey’s Construction for building its new Cruise Terminal 3 project.The contract agreement has…
Port of Seattle Joins Washington's 'Maritime Blue Strategy'
The Port of Seattle joined with a broad range of maritime stakeholders in support of Governor Jay Inslee’s ‘Maritime Blue Strategy’.According to a press note, the…
Turkey Increases Sea Pollution Fines
Pollution fines for vessels in Turkish waters have significantly increased, marine insurer West of England said.In Turkish waters, environmental protection is developing…
CMA CGM Unifies Containerships and MacAndrews Brands
CMA CGM will retain the only Containerships brand for its intra-European operations, giving up MacAndrews, which had already erased OPDR."Containerships: from April 1st…
Yantian Express: The Fire Primarily Contained
The fire has been primarily contained. Three salvage tugs are currently providing assistance to Yantian Express, which suffered a cargo fire on 3 January in the…
TransNamib, Botswana Railways MoU on Gobabis Container Terminal
TransNamib Holdings Ltd, and Botswana Railways (BR) recently signed a Memorandum of Understanding (MoU) in Gaborone, Botswana, which will culminate in the development…
Thrustmaster Buys Rolls-Royce DP
Rolls-Royce Commercial Marine has signed an agreement to sell the product Dynamic Positioning (DP) to the U.S. based company Thrustmaster of Texas, Inc.The agreement means that Thrustmaster of Texas now takes over the Intellectual Property Rights (IPR) required to produce and sell the DP product. Rolls-Royce will also pass on necessary documentation and knowledge of the DP product. The agreement does not involve transfer of personnel.Joe Bekker…
