CSMC Uses SKF Equipment
The oceangoing vessel operator Capital Ship Management Corp (CSMC) used SKF equipment to control maintenance costs and avoid breakdowns.SKF’s marine condition monitoring…
Pyxis Tankers Sells MR2 Ship Pyxis Delta
Greek pure play product tanker company announced that it has completed the sale of the Pyxis Delta, a 2006-built 46,616 dwt product tanker.The maritime transportation…
Keel of Ocean Explorer Laid
Chinese cruise shipbuilding company CMHI Haimen yard carried out the keel laying ceremony for the 'Ocean Explorer'. This is the fourth ULSTEIN X-BOW design in the…
MOL Intros Lighthouse Information Platform
Japanese shipping company Mitsui O.S.K. Lines (MOL) has begun operation of a new data platform called ‘Lighthouse’, to provide real time transport information to…
Damen Joins Bangladesh Shipbuilding Initiative
Dutch shipbuilder Damen Shipyards Group and Australian-based Gentium Solutions have signed a memorandum of understanding (MoU) with the Ministry of Industry of Bangladesh…
One Dead, Two Missing in Galveston Ship Collision
The US Coast Guard and local authorities on Wednesday continue to search for two fishermen missing after a fatal vessel collision in Galveston, Texas.The Coast Guard said four fisherman were forced into the water on Tuesday afternoon when their 81-foot vessel Pappy's Pride capsized following a collision with the 600-foot chemical tanker Bow Fortune near the Galveston jetties.One crew member has been rescued…
Crowley Realigns Its Marine Services Group
US-based Crowley Maritime Corp. announced on Wednesday that it has realigned its marine services organization and introduced new leadership.In a move that aims to provide better support to customers, Crowley Marine Services, part of the company’s shipping arm, will now be comprised of three distinct, yet interrelated business segments: offshore services, ship assist and tanker escort and engineering services – those provided by Crowley and subsidiary Jensen Maritime Consultants.Jeff Andreini…
Torqeedo Hires Engelmann as Sales VP
Torqeedo announced it has appointed Jochen Engelmann as vice-president sales for Europe, the Middle East and Africa (EMEA), effective January 1.In this position, Engelmann will have responsibility for expanding sales and driving the company’s growth across the EMEA region for Torqeedo’s marine electromobility systems.Engelmann comes to Torqeedo from Volvo Penta, where he was head of sales, central Europe for the industrial engine division.
A New Plan for Queen Mary
A new plan is being formulated to preserve and improve one of the world's most historic and well-known vessels.The record-setting superliner Queen Mary has been sitting permanently moored in Long beach, Calif. since its removal from transatlantic service in 1967. A 2015 survey revealed the once glorified liner has been in an escalating state of disrepair, but estimates detailing the extent of work…
PHP Ship Recycling Facility Gets ClassNK Stamp
ClassNK has issued a Statement of Compliance (SoC) to PHP Ship Breaking and Recycling Industries Limited (PHP), a ship recycling facility in Chattogram (Chittagong), Bangladesh, verifying that the facility is in line with the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (HKC).While ClassNK has so far issued 34 Statements of Compliance to ship recycling facilities around the globe…
Baltic Index Rises on Higher Demand
The Baltic Exchange's main sea freight index that tracks rates for ships ferrying dry bulk commodities edged higher on Wednesday, helped by rising demand for panamax vessels.* The Baltic index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose 5 points, or 0.7%, to 768.* The capesize index dropped 92 points, or 9.5%, to 878 - its lowest since April end.* Average daily earnings for capesizes…
China to Increase U.S. Soybean Imports
China will significantly increase imports of U.S. soybeans after the Phase 1 trade deal is signed, the Global Times reported on Wednesday, citing comments from a senior Chinese economist at a state think tank.Wang Liaowei, senior economist at China National Grain and Oils Information Center that is under the National Food and Strategic Reserves Administration, also told the paper that imports of U.S. products such as pork and cotton could also see a jump following the signing of the trade deal.
Flex LNG Tallies Contract Extension
Flex LNG on Wednesday said it secured an extension of the time-charter agreement for its 173,400-cubic-meter-capacity liquefied natural gas (LNG) carrier Flex Enterprise.The…
Corpus Christi Crude Exports Boom
U.S. crude exports from Corpus Christi, Texas, have surged to a record in recent weeks, often surpassing hubs such as Houston and Beaumont, Texas, thanks to faster-than-expected infrastructure additions.The infrastructure boom at Corpus Christi helped push crude exports there to a weekly record of 1.59 million barrels per day (bpd) in late December, more than doubling levels that held for the first eight months of last year…
The Good, the Bad and the Undeniably Ugly
The end of 2019 promises to be a busy, and potentially discordant, legislative and regulatory period for the United States maritime industry as both Congress and the Executive Branch look to take decisive action, with both positive and negative potential impacts depending on your perspective. With appropriation and authorization bills still pending, and various open regulatory actions, there are significant…
Partners Developing Ammonia-fueled Tanker
Maritime industry partners striving to advance shipping's decarbonization efforts are working to develop an ammonia-fueled tanker, classification society Lloyd's Register (LR) announced.The joint development project (JDP) involving LR and shipping line MISC Berhad, builder Samsung Heavy Industries (SHI) and engine maker MAN Energy Solutions aims to develop commercially viable deep-sea zero-emissions vessels (ZEVs) that would be operational by 2030…
Maersk Chief Warns EU Antitrust Policy Benefits China, US
Strict EU enforcement of competition rules prevents the development of the global champions necessary to compete with Chinese and U.S. companies, the head of shipping company Maersk warned in an interview."Is it really a good idea that we don't allow the creation of a European global champion? In doing so, we risk being outperformed by a Chinese company, over which the European Union has no influence…
Fos4X Monitors Veja Mate OWF
German wind turbine builder is carrying out a condition monitoring campaign at the 402MW Veja Mate offshore wind farm in the German North Sea.The rotor blade condition…
NKT Bags East West Interconnector Contract
The Irish power grid operator EirGrid has awarded NKT a service contract for the interconnector connecting Ireland and Great Britain.The cable and cable accessories…
Prosafe Misses Payment to Cosco
The largest and most versatile fleet of semi-submersible accommodation vessels in operation worldwide Prosafe SE has missed its final payment to China’s Cosco shipyard…
