Pacific International Lines Secures Debt Deal
Singapore-based container ship operator Pacific International Lines Pte (PIL) has agreed with most of its financial lenders to defer debt payments and is in talksâŠ
Migrants Stuck on Cargo Ship Debark in Libya
At least 90 migrants who were returned to Libya after being rescued at sea while attempting to cross the Mediterranean to Europe were disembarking in Misrata on Wednesday after spending two nights on board, the U.N.
Nakilat Transitions LNG Carrier to In-house Management
Qatari shipping company Nakilat said it has assumed full ship management and operations of Q-Flex liquefied natural gas (LNG) carrier Al Kharaitiyat from Shell Trading and Shipping Company Limited with effect from Wednesday, as part of the second phase of its planned fleet management transition program.With a cargo carrying capacity of 216,300 cubic meters, Al Kharaitiyat is wholly-owned by Nakilat and chartered by Qatargas.
Pangaea Takes Top Spot in Dry Bulk Benchmark Study
For the second year straight, US-based Pangaea Logistics ranks highest among dry bulk owners based on Time Charter Earnings (TCE), according to a recent market benchmarking report.NotablyâŠ
LADAR: Laser Sensor Technology for the Maritime Industry
Research scientist and entrepreneur Sverre Dokken believes laser-based remote sensing has big potential in the maritime domain. But what is LADAR, whoâs it for and what are the key benefits?âOur mission is to be the world leader in innovative maritime sensor products that enhance the safety and security of shipping and all manner of offshore activity,â says Ladar Ltd (LDR) principal Sverre Dokken.In the sensor vanguardEssentially a laser-based navigational aidâŠ
China Bought 10+ Cargoes of Brazilian Soy This Week
China has bought over 10 cargoes of Brazilian soy this week, as its trade tensions with the United States continue to rise causing Beijing to look towards securing supplies, Bloomberg News reported on Wednesday, citing people familiar with the matter.Brazil is the top supplier of soybeans to China, the world's biggest buyer of the beans.The development comes amid increasing tensions between the United States and China over the handling of the coronavirus outbreak and the more recent Chinese prop
WinGDâs Dual-fuel 12X92DF Engine Gains BV Type Approval
The biggest and most powerful liquefied natural gas (LNG)-fueled engine ever built has received type approval from classification society Bureau Veritas (BV), Switzerland-based engine manufacturer Winterthur Gas & Diesel (WinGD) said on Wednesday.BV awarded the approval for WinGDâs dual-fueled 12X92DF engines, the first series of which is currently being built by China State Shipbuilding Corp (CSSC)âŠ
US Sanctions Advisory Raises Hurdles for Global Maritime Industry
Ship owners and insurers say it may be impossible for the maritime industry to fully comply with the Trump administrationâs new guidelines on how to avoid sanctions penalties related to Iran, North Korea and Syria, raising the risk of disruptions in a sector already struggling with the fallout of the coronavirus outbreak.The advisory issued this month marked the first U.S. sanctions guidance for the global maritime sectorâŠ
China's VLSFO Exports Rose By a Third in April
China's low-sulphur marine fuel exports rose by a third in April compared with March to the highest level yet after it waived export taxes for domestic refiners to meet shipping demand, Chinese customs data showed.Chinese refiners began exporting in January very low sulphur fuel oi (VLSFO) with a maximum sulphur content of 0.5% to comply with emission rules for ships from the International MaritimeâŠ
Vestdavit to Equip US Navy Expeditionary Sea Base Newbuilds
Boat launch and recovery systems supplier Vestdavit said it will deliver motion-compensated davits to the US Navy, following orders placed by shipbuilder General Dynamics NASSCO to equip two Expeditionary Sea Base (ESB) ships.The US shipbuilderâs San Diego yard will deliver ESB 6 and ESB 7, the latest in a series of ships which act as mobile sea bases to support mine countermeasure, counter-piracy, disaster-relief, crisis-response and other operations.
Turbine Foundations Shipped for Virginia Offshore Wind Farm
The first foundations for Dominion Energy's Coastal Virginia Offshore Wind pilot project have been shipped from Germany to Canada for eventual installation 27 miles off the coast of Virginia Beach, Va.On March 31, the foundation components for two 6MW Siemens Gamesa windmills were loaded onto the Netherlands-flagged BigRoll Beaufort at the EEW facility in Rostock, Germany. In order to be able to transport all wind equipment in the most safe wayâŠ
Profiles in Training: Capt. Ted Morley, MPT
Captain Ted Morley is a ubiquitous figure in maritime training circles, the COO and Academic Principal at MPT in Fort Lauderdales. MPT consistently enrolls more than 10,000 students annually, catering to the whole maritime market from super yachts to super tankers and everything in between. He shares his insights on how the current pandemic is changing maritime training, now and in the future.How haveâŠ
Coast Guard Auxiliary Supports Research Efforts
Unique among the nationâs armed services, the Coast Guardâs missions include national defense, law enforcement, natural disaster incident management, recreational boating safety and environmental protection. This diversity of mission scope presents opportunities for the Coast Guard at the strategic, operational and tactical levels as the service works to make their efforts as effective and efficientâŠ
Interview: Takeshi Okamoto, ClassNK
As COVID-19 and a historically weak energy market wreaks havoc on maritime, Takeshi Okamoto, Corporate Officer and General Manager of Public Relations Team, ClassNK, tells Maritime Reporter & Engineering News in its May 2020 edition that the pandemic will effectively help to fast track portions of its ClassNK Digital Grand Design 2030 strategy, particularly "where we have a great interest in expandingâŠ
Korean Shipbuilders Get AiP for Ballast Tank Coating
South Korean shipbuilders Hyundai Heavy Industries (HHI) and Hyundai Mipo Dockyard (HMD) have gained Approval in Principal (AiP) for the application of the âsolvent free 1 coating systemâ for ballast water tanks from both the Korean Register of Shipping (KR) and the Liberian Registry.The eco-friendly (solvent free) 1 coating system has been verified for excellent coating quality when compared to theâŠ
KR, Samsung Heavy Industries to Maritime Study Cyber Security
Korean Register (KR) signed a Memorandum of Understanding (MOU) with shipbuilder Samsung Heavy Industries (SHI) to conduct a joint study on âShip Cyber Security Network Construction and Design Safety Evaluationâ at the Marine Engineering Research Center of SHI.Under the MOU, the two organizations have agreed to evaluate the construction and design safety of cyber security networks applicable to new ships.
US Maritime Sanctions Advisory: Navigating Choppy Waters
In May 2020, the US Department of State, US Department of the Treasuryâs Office of Foreign Assets Control (OFAC), and US Coast Guard issued a joint Sanctions Advisory for the Maritime Industry. The advisory builds on and expands several prior sanctions advisories for the maritime community issued in 2018-19.The advisory is intended as a guidepost to help participants in the maritime sector achieve the desired level of compliance.
Photo: Johan Castberg Anchor System Installation Underway
Norwegian offshore vessel contractor Island Offshore has shared photos of what it says is one of the most comprehensive anchoring projects globally in 2020 - the installation of an anchor system for Equinor's Johan Castberg project in the Barents Sea, offshore Norway."An anchor system of enormous dimensions is currently being deployed at the oilfield, and Island Victory [installation vessel] is chartered for the job.
Maersk and Other Danish Firms Partner for Sustainable Fuels Project
A group of Danish transportation and energy companies including shipping giant A.P. Moller - Maersk have teamed up to develop an industrial-scale production facility to produce sustainable fuels for road, maritime and air transport in the Copenhagen area.Maersk is joined in the project by DFDS, Ørsted, Copenhagen Airports, SAS and DSV Panalpina, who have brought together the demand and supply side of sustainable fuels to develop a new hydrogen and e-fuel production facility as soon as 2023.
First Containership Arrives at Sweden's Newest Port
Unifeeder containership SCA Tunadal on Wednesday claimed the maiden call at Swedenâs newest freight port, Stockholm Norvik Port, following the completion of a long port construction project.The container terminal is now open, both for vessel calls and for shore-based business operations at the port. The 32 hectare container terminal is run by Hutchison Ports, one of the worldâs largest container terminal operatorsâŠ
- 1
- 2
