Liebherr Launches Remote Service App
Maritime cranes and equipment manufacturer Liebherr has developed a remote service tool aiming to improve assistance through visual information that ultimately leads to faster and easier troubleshooting.The service's launch comes as industry stakeholders increasingly turn to remote services and other digital offerings to help maintain operations amid travel restrictions in place due to the coronavirus…
Tankers Carrying Venezuelan Oil Stuck at Sea
Tankers carrying nearly two months worth of Venezuelan oil output are stuck at sea as global refiners shun the nation’s crude to avoid falling foul of U.S. sanctions…
Carnival's Credit Rating Cut to Junk Status by S&P
Ratings agency Standard & Poor’s on Tuesday downgraded bonds of Carnival Corp to junk status, forecasting continued weak demand for the cruise industry hammered by the COVID-19 pandemic.Standard & Poor’s cut its rating on the world’s biggest cruise operator’s secured bonds to ‘BB+’ from ‘BBB-‘, and its unsecured bonds to ‘BB-‘ from ‘BBB-‘. Both are now regarded as non-investment grade or junk bonds.Carnival’s overall issuer credit rating was also lowered to ‘BB-‘ from ‘BBB-‘.
China Extends Waiver on Port Construction Fees
China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)
ABS Grants AIP to Dual Deadweight Bulker
Classification society ABS said it granted Approval in Principle (AIP) to a dual deadweight neo-panamax bulk carrier design from the StandShip Joint Development Partnership (JDP).Available in 86,000- and 95,000-deadweight-ton design options, the bulk carrier is intended to be ready to order ‘off the shelf’ for charterers and operators looking for flexibility. The 229-meter design includes a 38-meter beam…
Malaysia to Detain, Charge Crew of 'Illegal' Vietnamese Boats
Malaysia will detain and charge crew members of Vietnamese vessels caught illegally fishing in its waters instead of turning them away as authorities had done previously, the country's coastguard chief said on Wednesday.Vietnam and its neighbors have for years been involved in disputes over fishing in the resource-rich South China Sea, most of which is claimed by China.
Cardama Shipyard Records 1000th Ship Docking
Founded in 1916 in Vigo, Northwest of Spain, Cardama Shipyard has had a large number of milestones over its 100+ year history. This week Cardama Managing Director Mario Cardama said 2020 heralds another significant landmark for the yard – which remains one of the busiest in Spain – after completing its 1,000th ship docking since 2000.The latest milestone follows a wide range of international projects and tenders secured from many countries throughout the decades including Angola…
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