Senegal Port Seeks to Remove Stored Ammonium Nitrate
The port of Senegal's capital Dakar on Thursday said it had requested the removal of around 2,700 tonnes of highly explosive ammonium nitrate stored in its complex—the same volume of the chemical that caused Beirut's devastating port blast this month.The unidentified owner of the stockpile has found a warehouse to store the industrial chemical outside the city, according to the general directorate of the port…
Somali Pirates Hijack Panama-flagged Tanker
A merchant ship has reportedly been hijacked off the northeast coast of Somalia, marking the first successful hijacking by Somali pirates since 2017.The Panama-flagged…
Mahajan Named Managing Director of CMA CGM India
French container shipping company CMA CGM Group said it has appointed Atit Mahajan as managing director for CMA CGM India, effective August 1.A qualified chartered accountant with 18 years' experience in strategy, finance and cost management roles, Mahajan was most recently Chief Financial Officer, CEVA Logistics India Pvt. Ltd and was previously Chief Operating Officer, LCL Logistix, both subsidiaries of the CMA CGM Group.
Interview: Hannan Carmeli & theDOCK: Fertile Grounds for Innovation
There are many Venture Capital funds helping to drive innovation across industry. theDOCK, co-founded by Hannan Carmeli and Nir Gartzman, is unique in that it is working to connect the ports, shipping and logistics industries with primarily Israeli-based start-ups. We recently interviewed Carmeli for insights on the path and pace of the companies under theDOCK’s guise.Hannan Carmeli, Co-Founder and Managing Partner of theDOCK…
Gladding-Hearn Delivers St. Lawrence Seaway Pilot Boat
Gladding-Hearn Shipbuilding, Duclos Corporation delivered a Chesapeake class pilot boat to the Seaway Pilots Inc. in Cape Vincent, N.Y. The Seaway pilots navigate ships in and out of the ports and harbors of the St. Lawrence Seaway between St. Regis, N.Y. and Port Weller on Lake Ontario.With a length overall of 53.6’, a beam of 17.8’ and a draft of 4.8’, the all-aluminum pilot boat features the Ray Hunt Designs deep-V hull.
Alphatron Marine Unveils New River Radar
Alphatron Marine has introduced its next generation river radar, the JMR-61, which it says is characterized by an excellent suppression of wave action on wide water. The radar is suited for extreme weather conditions, using an aerodynamic scanner and an associated modified motor.Offered in two different fully dimmable monitors, the JMR-611 is said to be the first river radar to meet the stricter requirements for maximum reflection from radar monitors.
Colombo Dockyard to Build Six Bulk Carriers for Misje
Sri Lanka shipbuilder Colombo Dockyard PLC (CDPLC) said it is moving toward executing an already signed contract with Misje Eco Bulk AS to build a series of six bulk carriers, with options for up to four additional vessels. The contracts were signed in March but are scheduled to come into effect in September upon the Norwegian shipowner's final board approval.Misje is a fully owned subsidiary of Kåre Misje & Co.…
Iran Says It Detained a UAE Ship and Its Crew
Iran seized a United Arab Emirates-registered ship violating its territorial waters this week, Iran's Foreign Ministry said on Thursday, adding that UAE coastguards killed two Iranian fishermen on the same day.Tensions have risen between the two countries, which face each other across the Gulf, since last week's agreement between the Gulf state and Tehran's arch-foe Israel to normalize ties.Iranian…
Engineering Heavy Lifts: “Clear the Flight Deck”
With an estimated price tag in excess of $13B, nuclear aircraft carriers are one of the biggest ticket items in the U.S. military arsenal. But the floating warship is only as effective as its flight operations, and a new, heavier duty crash and salvage crane is needed to efficiently handle heavier aircraft. Allied Systems won the $70 million contract to deliver up to 37 Crash and Salvage Crane units to the US Navy.
VIDEO: Cargo Ship and Tanker Collide off Shanghai - 14 People Missing
An oil tanker carrying 3,000 tonnes of gasoline collided with a cargo ship near Shanghai on Thursday, leaving 14 people missing, state media reported.State broadcaster CCTV showed footage of the oil tanker burning at sea as coastguard ships sprayed it with streams of water. Three people had been rescued, CCTV said. The cargo ship sank soon after the collision.Rescue efforts to recover the 14 missing crew were ongoing, CCTV reported.
Boskalis 1H Earnings, 2020 Goal Beat Forecasts
Dutch marine services provider Boskalis said on Thursday it expected its 2020 core profit to match last year's result, offering a more optimistic outlook than market forecasts citing well-filled order books.The dredging giant, which counts energy companies among its major clients, reported half-year earnings before interest, tax, depreciation and amortization (EBITDA) at 204.1 million euros ($242 million), above 156 million euro expected in the company-provided consensus.Better-than-expected ear
GC Rieber Shipping Sells Polar King IMR Vessel
Oslo-listed offshore vessel owner GC Rieber Shipping has agreed to sell the Polar King inspection maintenance and repair vessel to an unnamed buyer.Due to the sale, an impairment of approximately USD 5 million for Polar King is expected to be recognized as per 30.06.2020. The Bergen-based company said that the proceeds from the sale would be used to repay the vessel's outstanding debt in full. GC Rieber…
Keppel: Converted FLNGs Have Smaller Carbon Footprint Compared to Newly Built Units
Singapore's Keppel Offshore & Marine has said that converted FLNG vessels save approximately 33% of greenhouse gas (GHG) emissions compared to an FLNG new build, citing a study by environmental consultants, Environmental Resources Management (ERM).Commissioned by Keppel O&M, the study by ERM assesses the converted and new build FLNG across three stages of the project life cycle, namely the end of life of the LNG tanker…
Bureau Veritas Expands Marine and Offshore Services in N. America
Testing, inspection and verification services firm Bureau Veritas (BV) said it has taken a number of steps to broaden and deepen its marine and offshore services in North America.The opening of a new remote survey center in Miami is the latest step in the delivery of digital services across the Bureau Veritas network, providing yet further global coverage for remote surveys.Florida-based Tropical Shipping’s…
Bottlenecks and Inefficiencies Are Key Upside Risks for Dry Bulk Market -MSI
Port days and diverted voyages are having an unusually strong impact on market balances and will play a key role in the short term outlook.Summer may be drawing to close in the northern hemisphere but for dry bulk shipowners, the positive tone could continue into early autumn as port delays and diversions provide continued upside, says Maritime Strategies International.July was another positive month for the dry bulk sector…
Wakashio Spill Highlights Importance of Adopting Latest International Legal Instruments
The ongoing oil pollution incident from the grounded 203,000 DWT bulk carrier MV Wakashio is threatening an ecological catastrophe around the Indian Ocean island of Mauritius, endangering corals, fish and other marine life already under threat from climate change (IPCC 2018).In addition, it risks bringing devastating consequences for the economy, food security, health and tourism industry. Tourism…
US Looks to End Exemptions on Venezuela Oil Sanctions
The United States is considering an October deadline for ending exemptions to Venezuelan sanctions that allow some companies and refiners to still receive the South American producer's oil, two sources said, as Washington seeks to raise the heat on President Nicolas Maduro.U.S. President Donald Trump has ramped up sanctions on Venezuela's state-run PDVSA, its key foreign partners and customers since it first imposed measures against the company in early 2019…
MarTID 2020: Maritime Training Budgets Continue to Rise
Training budgets for seafarers continue to rise around the world, and seafarers themselves increasingly are paying the price, according to the MarTID 2020 Training Practices Report.Responses (278) to the 2020 MarTID report, the third in the series, rose 60% versus 2019, and again included insights from seafarers (accounting for 53% of the response), vessel operators (24%) and METIs (23%).The survey for MarTID 2020 was concluding just as COVID-19 was starting to spread rapidly…
Maersk Tanker Caught at Sea After Rescuing Migrants off Malta
A Maersk oil tanker has been anchored off the coast of Malta for two weeks after rescuing 27 migrants, including a child and a pregnant woman, with authorities in Malta and Tunisia denying the vessel entry, the company said on Wednesday.The crew of Maersk Etienne, an oil tanker owned by Denmark's Maersk Tankers, rescued the migrants following a request from Maltese officials on August 4, the company…
Mauritius to Scuttle Stricken Bulk Carrier Wakashio
Mauritius said on Wednesday it planned to scuttle the Japanese-owned bulk carrier that ran aground off its shores and spilled oil over pristine waters and fragile coral reefs.Earlier on Wednesday Nagashiki Shipping, owner of the MV Wakashio, apologized for the incident. Two of the ship's officers were arrested overnight on charges of endangering safe navigation.The MV Wakashio struck a coral reef off the Indian Ocean island on July 25 and began spilling oil on August 6…
