Baltic Index Down for 9th Session in a Row
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell for a ninth straight session on Friday, on weakerā¦
Cargo Ship Runs Aground in Florida
A 203-foot cargo vessel has run hard aground north of Fishers Island, Fla. on Thursday, the US Coast Guard said.The Coast Guard said it is responding to the indecent after its Sector Miami watchstanders received a notification at approximately 5 p.m., stating the Panamanian-flagged cargo vessel, Betty K VI, ran hard aground after losing propulsion north of Fishers Island. The watchstanders issued a safety marine information broadcast.There were no reported injuriesā¦
U.S. Scoops up Overseas Fuel Oil in pre-IMO Push
The United States is taking advantage of record-low prices of one of the world's dirtiest fuels by buying record volumes, which it intends to upgrade into cleaner products before new shipping rules take effect, trading and analyst sources say.U.S. trade sources said it recently had become economical to ship fuel oil from countries such as Russia, boosting imports of the product into the United States.This comes even as prices for high-sulphur fuel oil (HSFO) on the U.S.
First Commercial Cargo Loaded from Tango FLNG
Argentine oil company YPF SA has loaded its first commercial liquefied natural gas (LNG) cargo for export from a new floating facility, trade sources said on Friday.Argentina's export joins a wave of new supply flooding the spot market which has depressed Asian spot prices to their lowest in a decade for this time of the year.The state-owned firm issued a tender which closed on Nov. 6 to sell 2.1 trillion British thermal unit (Tbtu) of LNG for loading from FLNG Tangoā¦
Russian Gas Tanker to Lift U.S. LNG
A gas tanker once hailed by President Vladimir Putin as a bulwark of Russian energy security is heading for a liquefied natural gas (LNG) terminal in the United Statesā¦
ABS & the Future of Classification
The discussion of the āfuture of classā seems more relevant today than ever, as the maritime industry navigates a transcendent period, with digitalization, decarbonization and a long list of related safety and risk concerns occupying the attention and budgets of shipowners globally.āThere are many things going on in the industry, and in fact the world, and looking ahead I think weāre looking at a ānew normā,ā said Christopher J. Wiernicki, ABS Chairman, President and CEO.
New Tech: Automatic Calibration of Sea State Data
Availability of reliable, real-time ocean surface data can improve the safety, efficiency and performance of offshore and marine operations, as well as coastal monitoring, but the quality of the data is dependent on accurate calibration.Calibration of wave spectra and integrated wave parameters from radar-based measurement systems has historically depended upon external reference sensors, such as wave buoysā¦
GE's Haliade-X Produces First Power
GE Renewable Energy has generated first power from its 12MW Haliade-X prototype - the world's largest and most powerful wind turbine - located at Maasvlakte, the Port of Rotterdam.According to GEā¦
Huisman Crane for Bokalift 2
Dutch offshore wind equipment specialist Huisman has been selcted by Royal Boskalis Westminster to deliver a 4,000mt Offshore Mast Crane (OMC) to be installed onā¦
APEM Aerial Surveys at Vietnamās 3.4GW OWP
APEM, the European aquatic and environmental consultancy specializing in freshwater and marine ecology and aerial surveys, has begun conducting its first ever aerialā¦
BC Ferries Orders 4 Hybrid-Electric Vessels
Canadian ferry owner and operator British Columbia Ferry Services Inc (BC Ferries) has made a further order of four additional electric-battery hybrid Island Classā¦
KN Appoints Darius Silenskis as CEO
Lithuania-based oil and LNG terminal operator KlaipÄdos nafta (KN) appointed Darius Silenskis as the new CEO. Until now, D. Silenskis held the position of directorā¦
CDWE Wins Taiwanese OWF Gig
Taiwanese marine joint venture (JV) company CSBC-DEME Wind Engineering (CDWE) has signed two contracts for the transport and installation of foundations and turbinesā¦
Titan Completes 1st LNG Bunkering in IJmuiden
Dutch liquefied natural gas (LNG) supplier Titan LNG, in cooperation with the Port of IJmuiden and OD IJmond, completed the first bunkering of LNG to the Werkendamā¦
Concordia Damen Wins Ship of the Year
Inland shipping vessel Sendo Liner, built by Concordia Damen shipyard in Netherlands, has won the KNVTS Ship of the Year 2019 Maritime Award.The award jury highlightedā¦
Navios Acquisition Fleet Reaches 41
Navios Maritime Acquisition Corporation, the provider of transportation of petroleum products (clean and dirty) and bulk liquid chemicals, announced that its fleetā¦
Diana Shipping Sells Panamax Bulker
Diana Shipping announced that it has signed through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party, the 2005ā¦
Scorpio Completes Aquisition of 19 Tankers
Scorpio Tankers, the international provider in the transportation for refined petroleum products, announced that it has completed acquisition of the leasehold interestsā¦
SGRE Powers Google in Sweden
Siemens Gamesa Renewable Energy (SGRE) has secured an order to supply its turbines for a 254MW wind farm in Sweden that will power Googleās Hamina data centre in Finland.The Stavro wind farmā¦
Empowering Women in Maritime
"Women bring intelligence and high skills to all fields of the shipping industry ā letās throw off the bowlines!ā.This is the message from Port Captain Basak, oneā¦