LNG and Shipping Decarbonisation Target
Though liquefied natural gas (LNG) could help the shipping industry to reach its decarbonization target, it could wreck the climate, finds a study.According to a…
Navibulgar Orders Four Bulkers
Bulgarian shipping company Navigation Maritime Bulgare (Navibulgar) ordered a new series of four 31800 ton bulk carriers in the Chinese Shipyard Jiangsu New Yangzi Shipbuilding Co.The century-old…
Kirby to Acquire Savage Inland Marine Fleet
Houston-based Kirby Corporation said it has signed a definitive agreement to acquire Savage Inland Marine's towboat and tank barge fleet for approximately $278 million in cash and the assumption of leases.Kirby will acquire Savage's inland fleet consisting of 46 towboats and 90 tank barges with approximately 2.5 million barrels of capacity, primarily used for transporting petrochemicals, refined products and crude oil on the Mississippi River, its tributaries and the Gulf Intracoastal Waterway.
Lenders Back Initiative to Factor CO2 Cuts into Shipping Finance
Credit Suisse, BNP Paribas and French public investment bank Bpifrance are the latest lenders to join an initiative to link provision of shipping finance to cuts in carbon dioxide emissions.Global shipping accounts for 2.2% of the world's CO2 emissions and the industry is under pressure to reduce those emissions and other pollution. About 90% of world trade is transported by sea.Last year, a group of leading banks signed up to environmental commitments known as the "Poseidon Principles"…
Coronavirus Test Negative on Board Costa Smeralda
A test carried out on Thursday on a passenger from Macau aboard a cruise ship in Italy proved she did not have the new coronavirus, an Italian health ministry spokesman said.The Costa Crociere company’s ship Costa Smeralda docked in Civitavecchia, north of Rome, with about 6,000 people aboard. The mayor of the town had asked authorities to prevent passengers from disembarking until it had been confirmed the virus was not present.The 54-year-old woman…
Christian Honored by Propeller Club
The Propeller Club of the U.S. Port of New Orleans honored Brandy D. Christian as their 2019 Maritime Person of the Year at its 86th Annual Maritime Person of the Year Gala on Wednesday, Jan. 29, at the Metairie Country Club.Read Maritime Logistics Professional's interview with Brandy Christian here.Christian, who serves as President and CEO of the Port of New Orleans (Port NOLA) and CEO of the New Orleans Public Belt Railroad Corporation (NOPB)…
AAM Wins Deal with Birdon America
All American Marine, Inc. (AAM) has been named the West Coast shipyard by Birdon America, Inc., for Phase I of a contract to perform a Service Life Extension Program (SLEP) on a number of United States Coast Guard’s (USCG) fleet of Motor Life Boats (MLB).AAM is currently working on two MLBs at its shop, with a plan to ramp up to eight MLB vessels each year during Phase II. Birdon America was awarded the prime contract to perform Service Life Extension work on all MLBs in the U.S.
Myklebust Lands Sølvtrans Contract
The Myklebust shipyard in Gursken has signed its fourth wellboat contract with Sølvtrans Rederi in Ålesund. The vessel is based on Kongsberg NVC 389, the design being used for one vessel already under construction at Myklebust for Sølvtrans. Loading capacity is 4000 m3. The new hull will also be built at the Turkish shipyard Hat-San. Delivery of what will be newbuild no. 76 from Myklebust Verft is…
Liebherr's Largest Port Handling Machine Delivered
Liebherr has produced and delivered its largest port handling machine, for DaFeng Port in the Chinese province of Jiangsu. The LH 150 ET Gantry Port Litronic is the largest, electrically-operated Liebherr port handling machine with gantry undercarriage. The entire port handling machine has been supplied by Liebherr: All components were developed, produced and tested by Liebherr-Hydraulikbagger GmbH in Kirchdorf an der Iller…
Polarcus Seismic Vessel Refit Completed
Portugal’s Navalrocha shipyard said it has completed a multimillion-euro repair and refit project for Dubai-based marine geophysical company Polarcus.The drydock project which completed in January 2020 involved a broad package of work to the ultra-modern 14 streamer 3D/4D seismic vessel – Polarcus Naila.The vessel is environmentally advanced with diesel-electric propulsion, high specification catalytic converters…
NYK Examines Ammonia as Marine Fuel
At the first symposium of the Green Ammonia Consortium (GAC) on January 22, Japanese shipping company NYK presented its approach of using ammonia as marine fuel for zero-emission ships.Ammonia does not emit carbon dioxide (CO2) when it is heated and would thus be expected to contribute to the effort to address global warming. NYK is participating in the consortium to consider not only the maritime…
Video: Fisherman Medevaced in the Bering Sea
A crew member badly burned on board a fishing vessel in the Bering Sea was medevaced for transport to onshore medical personnel in Alaska, on Monday.At 9:56 a.m., U.S. Coast Guard watchstanders in the 17th District command center received a medevac request from US-flagged fishing vessel Bountiful for a crewmember with severe burns. After conducting a brief with the Coast Guard duty flight surgeon,…
Capesize Slumps, Coronovirus Pull Down Rates
The capesize component of the Baltic sea freight index plunged to an all-time low on Thursday, hurt by high fuel costs owed to new shipping regulations and a seasonal slowdown worsened by a coronavirus outbreak.The Baltic index, which tracks rates for capesize, panamax and supramax vessels to ferry dry bulk commodities, fell 27 points, or 5.1%, to 498 — its lowest level in over 3 years.The capesize index dropped 92 points…
An Ever-vigilant Focus on Passenger Vessel Safety
When I came into office as the Passenger Vessel Association’s President for 2019 last January, I announced two strategic goals for our industry: to enhance safety and foster the professional growth of our next generation of leaders. I am proud to announce we have undertaken major initiatives and made progress on each. These goals match my lifelong professional commitment to safety as well as aligning…
Fincantieri Delivers Seven Seas Splendor
Italian shipbuilder Fincantieri announced it has delivered Seven Seas Splendor for US-based Regent Seven Seas Cruises.The Ancona-built ultra-luxury cruise ship is the second Fincaantieri has delivered for the Regent Seven Seas Cruises, a Norwegian Cruise Line brand. The newbuild is the fifth-all-suite vessel in Regent’s fleet.Like sister ship Seven Seas Explorer, delivered by Fincantieri at the Sestri Ponente (Genova) shipyard in 2016…
Genco Scrubber Refits Completed
Bulk carrier owner Genco Shipping & Trading said it has completed a refit program that saw scrubbers installed on board its 17 Capesize vessels as part of the New York-listed owner's plan to comply with new International Maritime Organization (IMO) regulations that limit sulfur emissions from vessels to 0.5% down from 3.5%.John C. Wobensmith, Genco Chief Executive Officer, said the scrubber refit program…
