Russian Navy Ship 'Aggressively Approached' U.S. Destroyer
A Russian navy ship "aggressively approached" a U.S. Navy destroyer in the North Arabian Sea on Thursday, the U.S. Navy's Bahrain-based Fifth Fleet said in a statement on Friday.The Fifth Fleet said the U.S. destroyer USS Farragut sounded five short blasts and requested the Russian ship alter course."The Russian ship initially refused but ultimately altered course and the two ships opened distance from one another," the statement said.
French Wheat Shipments Hit 6-year High
Soft wheat exports from French ports reached a six-year high in December during the on-going transportation strikes that saw loadings at several ports around the country halted intermittently for several days, Refinitiv data showed Thursday.The volume of soft wheat exported by boat last month rose to 1.34 million tonnes, the highest for December since 2013 when the country exported 1.41 million tonnes…
New IMO Rules Overshadow Hapag-Lloyd's Profit Outlook - CEO
Tougher rules on sulphur emissions from ships set by the International Maritime Organisation (IMO) from January burden the profit outlook for Germany's container shipping line Hapag-Lloyd this year after a good 2019, its chief executive said."This will make it difficult for us to achieve a better (2020) result," Rolf Habben Jansen told reporters in Hamburg in comments on the ban on ships using a sulphur content above 0.5% on risk of fines…
Baltic Index Reverses Course, Gains
The Baltic Exchange's main sea freight index reversed course to inch up on Friday after 21 straight session of declines, helped by higher earnings for capesize vessels.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, increased 2 points, or 0.3%, to 774 points.The Baltic index started falling on Dec. 4, and continued its slide for 20 more consecutive sessions.
Boskalis: One Dead, Five Sick on FPSO
Dutch dredging and offshore contractor Royal Boskalis Westminster N.V. has confirmed that one contract worker is dead and five were seriously injured after consuming…
Kalmar Signs Pact with Patrick Terminals
Kalmar, the provider of cargo-handling solutions and services to ports and terminals, has concluded a comprehensive software maintenance and support agreement with…
SGRE Completes Senvion Purchase
The renewable energy major Siemens Gamesa Renewable Energy (SGRE) has finalized the acquisition of Senvion's European onshore service assets and intellectual property…
Yamal LNG Gets New LNG Vessel
Japanese shipping giant Mitsui O.S.K. Lines (MOL) has held a naming ceremony for an LNG carrier, jointly ordered by MOL and China COSCO Shipping.The naming ceremony…
Hamburg Port Orders 2 Fireboats
The Hamburg Port Authority (HPA) has ordered two more fire-fighting vessels following the delivery of modern fireboat, the "Branddirektor Westphal".As with the previous order…
HMS Prince of Wales Completes Sea Trial
HMS Prince of Wales, the second of the U.K.’s Queen Elizabeth Class aircraft carriers, has recently completed a successful sea trial in Scottish waters.The ships…
NMM Acquires Five Containerships
Greek owner and operator of dry cargo vessels Navios Maritime Partners has taken delivery of five containerships upon the liquidation of Navios Europe.The five vessels…
Diana Shipping Fixes Ismene with Phaethon
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Phaethon International Company AG, for one of its Panamax dry bulk vessels…
Seacor Borrows $200M for SEA-Vista
Florida-based marine services company Seacor Holdings said that its indirect wholly-owned tanker subsidiary SEA-Vista entered into an amended and restated $200 million credit agreement…
Great Ships 2019: T. Elinor
Adnan Nefesoğlu, RMK MARINE’s CEO, thought a short moment and replied by reflecting his self-confidence “Yes, we can do”, when the local client came and asked RMK MARINE in early 2016 that: “We have two main engines, procured eight years ago and standing in a depot since then. They have Tier I feature. Can you convert them first to Tier II compliant engines, to be followed with Tier III compliant features…
SHIPSWEB Tech for Auxiliary Engine Control
Yanmar Engineering announced the deployment of SHIPSWEB, a tool for management of auxiliary engines on ocean-going vessels. SHIPSWEB incorporates elements of artificial intelligence and advanced information and communications technology (ICT) to efficiently manage the operation of large auxiliary diesel engines.SHIPSWEB has the capacity to extract data in a variety of formats so that on-board performance management data and parts wear measurements…
ClassNK: New Guidance for Autonomous Ships
ClassNK released its “Guidelines for Automated/Autonomous Operation of ships ~Design development, Installation and Operation of Automated Operation Systems/Remote Operation Systems”.In the field of ships, research and development of technology related to maritime autonomous surface ships (MASS) has been actively carried out with the aim of improving safety by preventing human error and improving working conditions by reducing the work load on crew members…
RCCL Taps SGS for Maintenance and Repair
Subsea Global Solutions (SGS) has entered into an agreement with Royal Caribbean Cruises Ltd. (RCCL). Under the agreement SGS will provide underwater hull maintenance and repair services for their fleet of 58 ships trading under six different brands (Royal Caribbean International, Celebrity, Azamara, TUI, Silversea, and Pullmantur). The new agreement is a continuation of the long term relationship between the two companies.
Georgia Scraps Deal on Major Port Project
Georgia has ended an investment agreement with an international consortium for one of the biggest projects in the former Soviet country, the construction of a major deep sea port on the Black Sea coast, its infrastructure minister said on Thursday.The nine-phase project to improve access to Central Asia and the Middle East had received support from Georgia's strategic partner, the United States, as well as the European Union…
Baltic Index Slows Slide
The Baltic Exchange's main sea freight index inched down on Wednesday, falling for its 21st straight session, to an over eight-month low on lower demand across all vessels.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, declined 1 point, or 0.1%, to 772 points, its lowest level since April 17, 2019.This is the smallest daily percentage fall since the index started its slide on Dec.
Mideast Tensions Create Insurance Headache for Tanker Owners
Even as the United States and Iran appear to signal a keenness to avoid further conflict, oil and gas shipowners are bracing to pay a price for the war of words that culminated in rocket strikes in Iraq over the last week - higher insurance bills.According to industry sources, payments known as war risk premiums for tankers shuttling through the Strait of Hormuz could rise significantly, adding hundreds…
