China Starts Regular Sea Ice Forecasts for Northeast Passage
A Chinese radio station on Monday started broadcasts on Arctic sea ice conditions off Russia's coast for vessels sailing the Northeast Passage, as China seeks to further utilise the world's northernmost routes as alternatives to the Suez Canal.Arctic sea routes are increasingly being used as an alternative global trade route connecting the Pacific Ocean and Atlantic Ocean to major economies as global…
Baltic Dry Index Hits Near Two-month High
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, hit its highest level in nearly two months on Monday as capesize vessels gained on robust demand.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 108 points, or 5.3%, to 2,158, its highest mark since May 9.The capesize index was up 348 points, or 10.1%, to 3,791, its highest level since March 19.Average daily earnings for capesize vessels, w
Damen Christens New Tug Built for Muller Dordrecht
Dutch shipbuilder Damen and towage company Muller Dordrecht have held christening ceremony took place in the Netherlands, marking the delivery of a new Damen ASD Tug 3212.Named En Avant 26, the vessel was the third to be delivered by Damen to Muller Dordrecht in the past three years, the others being another Damen ASD Tug 3212 En Avant 25 and a Z-drive Pushboat built by Concordia Damen.The En Avant 26 was built at Damen’s specialist tug yard Damen Song Cam Shipyard in Haiphong…
Jan de Nul Gets Export Cables Installation Job for Taiwanese Offshore Wind Farm
Belgium-based offshore installation contractor Jan De Nul has signed preferred supplier agreement with Copenhagen Infrastructure Partners (CIP) for the installation of subsea high-voltage export cable for Fengmiao I offshore wind farm in Taiwan.The subsea cables, about 90 km long, will bring the wind energy generated at the 500 MW Fengmiao I wind farm ashore to Taichung City.Fengmiao I will provide power for about half a million households…
Trafigura Wraps Up Ammonia Ship-to-Ship Bunkering in Gibraltar Strait
Commodities trader Trafigura has completed its first ship-to-ship (STS) transfer of ammonia in international waters close to the port of Ceuta in the Strait of Gibraltar.Approximately 6,000 metric tonnes of ammonia (NH3), supplied by CF Industries from their Donaldsonville, Louisiana-based manufacturing complex, was safely transferred between the Green Power Medium Gas Carrier (MGC), owned by ship owner/operator Purus on time charter to Trafigura…
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