Xeneta Expects Further Disruption in Container Rates
Further disruption in ocean freight rates expected despite best efforts from leading carriers, according to Xeneta Container Rates Alert.Long-term contracted ocean…
AAPA Says Senate Cuts Key Port Grant Program
The American Association of Port Authorities (AAPA) is very concerned with the U.S. Senate’s approval of a fiscal 2020 appropriations bill that cuts funding by more than two-thirds to a U.S.
Vard to Design LNG Bunker Barge for Fincantieri
Vard Marine, a naval architecture and marine engineering company, recently completed the concept design of a new 5,400 cubic meter (CBM) LNG bunker barge for Fincantieri…
Gdansk Ports Aims to be Gateway to Baltic
Europe’s fastest growing port, the Port of Gdansk, has outlined huge expansion plans designed to double its cargo volumes to 100m tonnes a year, during a high-level…
IMO Leading GloFouling Partnerships
Marine biodiversity is under threat from invasive aquatic species, but International Maritime Organization (IMO) is leading a major global project to combat that…
Baltic Index Slips to Near 4-Month Low
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a near 4-month low on Friday as rates fell across vessel segments.The Baltic index, which reflects rates for capesize, panamax and supramax vessels, fell 34 points, or 1.96%, to 1,697, its lowest since July 3. The index posted its seventh weekly loss in eight.The capesize index was down by 28 points, or 0.94% at 2,950 points.
Brazil Targets Greek Tanker in Pollution Probe
Brazilian investigators said on Friday a Greek-flagged ship carrying Venezuelan crude was the source of oil tarring thousands of kilometers of coastline over the…
ChartCo, Marine Press Merge into 'OneOcean'
ChartCo and Marine Press, both leaders in global digital navigation solutions, have announced their merger. The move will result in the creation of a new company called OneOcean which will offer the largest range of navigation and compliance solutions into the maritime sector.Martin Taylor, Chief Executive Officer of ChartCo, announced the merger, saying: “Following the success of three recent acquisitions, we have been looking to further expand our business.
Nordhavn, Vripack Collaborate on Expedition Yacht
The concept of a world-class superyacht, able to take on the most extreme cruising itinerary, is at the root of Nordhavn’s newest collaboration with Vripack: the brilliant Nordhavn 148. Designed to Class with ice capability, the ambitions of this adventuresome, forward-thinking cruising ship are infinite thanks to the combined efforts of the world’s foremost expedition yacht brand and Europe’s premiere yacht design and engineering firm.
FMM, Vigor Deliver Response Boats to Bahrain
Fincantieri Marinette Marine (FMM) and Vigor (Team RB-M) has announced the delivery of the first three on a six vessel RB-M contract to the US Coast Guard. The boats are part of a Foreign Military Sale to The Kingdom of Bahrain’s Coast Guard. Hulls four through six are expected to ship in 2020. A total of 182 RB-Ms have been built by Team RB-M.FMM was the prime contractor and program manager. Vigor fabricated the vessels at its Seattle, Washington facility using high temp resistant aluminum.
Damen’s Delivers Customized CSD to Brazil
Damen has just shipped a fully customized Cutter Suction Dredger (CSD) 350, to Brazil. The standard dredger was adapted to meet Brazilian Naval requirements and received additional options as per customer request. Damen has carried out the job very quickly; from contract signature to departure from the Port of Antwerp in just under four months.The CSD350 is the first stationary dredger Damen has delivered to Brazil.
Polymer Pioneer Receives Engineering's Highest Accolade
On October 31st, 2019, George A. (Sandy) Thomson, the founder of Thordon Bearings and a pioneer in the development of advanced polymer materials, was presented with the 2019 Elmer A. Sperry Award in recognition of “leading the innovation in water-lubricated propeller shaft bearings” in marine transportation through the use of polymeric compounds.The award was presented to Mr. Thomson at the SNAME Maritime Convention…
Heerema Vessels to Tap Shore Power
Heerema Marine Contractors will provide its crane vessels with clean energy. By switching off the diesel generators, total emissions will be reduced by the equivalent of the annual emissions of approximately 5,000 diesel cars. Eneco will supply power from the wind farm on Landtong Rozenburg. Heerema's crane vessels are often moored in the Calandkanaal in Rotterdam. The use of clean energy reduces noise and air pollution…
WaveRoller Tested in Portugal
A first-of-a-kind commercially-ready offshore wave power generation device is soon to be completed thanks to the experts from Finnish-based wave energy technology developer AW-Energy. The team has deployed its WaveRoller device offshore at Peniche, a seaside municipality and a city in Portugal.Extended sea trials are being used to fine-tune the WaveRoller’s control system to maximize its performance and yield.
Brazil Federal Police Investigate Greek Ship in Connection with Oil Spill
Brazil's federal police on Friday announced a potential breakthrough in the investigation into the causes of a mysterious oil spill that has baffled authorities…
INSIGHTS: Loy Stewart, Jr.
Loy Stewart, Jr. is President, Detyens Shipyards. He is a 1991 graduate of the U.S. Merchant Marine Academy in Kings Point where he earned a degree in Marine Engineering. After several months sailing on the Sealift Atlantic, Loy began working at Detyens as a Ship Superintendent and coordinated work on numerous commercial and navy contracts. In 1996, when the Detyens Shipyards were divided into separate profit centers, Loy Jr. was promoted to Profit Center Manager of the Wando facility.
Shipping Executives Push 'Carbon Levies'
Executives at some of the world's top shipping groups are advocating a levy on carbon emissions on shipping in an effort to shape tightening rules on greenhouse gas emissions while providing a means to fund development of cleaner fuel sources."To meet international shipping's decarbonization challenge, the maritime industry needs a carbon levy, it is coming, and we should shape it," said Andreas Sohmen-Pao…
Tidewater Elects Larry Rigdon as Chairman
Tidewater, which owns and operates the largest fleet of offshore support vessels in the industry, announced that Larry T. Rigdon has been elected Chairman of the…
Hunter Group Takes Delivery of 3rd VLCC
Norwegian investment company Hunter Group said that its wholly owned subsidiary Hunter Tankers has taken delivery of its third newly built very large crude carrier…
Schottel Propels WSA Diving Bell ship
Schottel, a manufacturer of propulsion and steering systems for ships and offshore applications, said that the new diving bell ship from the Duisburg waterway and…
