MarineLink News Search
Search term • Up,-Up-and-Away?
Create an email alert for Up,-Up-and-Away?
Uniper Sees Merit in Building LNG Terminal at Wilhelmshaven
Germany's Uniper on Tuesday said it favors a liquefied natural gas (LNG) terminal at the Wilhelmshaven deep sea port on the North Sea coast, less than a week after peer RWE said it secured access to capacity should a rival project at Brunsbuettel go ahead."Wilhelmshaven in particular can be a suitable location, there are many arguments in favour of it," spokesman Leif Erichsen said in a written statement.He cited the port's ability to offer infrastructure for LNG vessels of all sizes and its pro
Drewry: Capesize Charter Rates to Go Up
Drewry maintains a positive outlook on the dry bulk market and expects charter rates to improve from current levels, driven by moderate increases in vessel demand…
IMO for Protecting Oceans and High Seas
Ships plying their trade across the world’s oceans are subject to stringent environmental, safety and security rules, which apply throughout their voyage. The comprehensive…
Wärtsilä: 'An Oceanic Awakening'
Wärtsilä has unveiled a global initiative that aims to transform the world’s marine and energy industry into a more efficient, ecologically sound and digitally connected ecosystem. The initiative, which Wärtsilä calls “An Oceanic Awakening”, was announced at the SMM maritime trade fair in Hamburg.Wärtsilä said its drive to activate a fully-integrated smart ecosystem aims to address major maritime inefficiencies that impose a significant negative impact on profitability and sustainability…
India Builds National Maritime Heritage Complex at Lothal
Indian Ministry of Shipping, through its flagship programme Sagarmala, is closely working with Government of Gujarat state and other stakeholders to showcase India's…
Panasonic Connectivity Services for TUI Cruises
Panasonic Avionics Corporation (Panasonic) announced that in partnership with its subsidiary, ITC Global, it has been awarded a four-year contract by TUI Cruises…
Unmanned Ships: Iridium, Rolls-Royce Partner on Autonomy
As the global maritime industry increases the level of automation and ship-to-shore connection, the move toward autonomy is gaining steam in certain sectors. While it is generally agreed among industry insiders that full autonomous operations on ships traversing the world's oceans is a generation or more away, there are some significant strides being made on shorter, point-to-point inland and coastal routes…
Lomar's Super-Eco Boxships Mark Breakthrough for Thordon Bearings
Delaware Trader, the first of two 2,700TEU newbuild containerships that China’s Guangzhou Wenchong Shipyard is delivering to Lomar Shipping this year, has been fitted with a seawater lubricated propeller shaft bearing system from Thordon Bearings.The vessel represents another breakthrough for Thordon Bearings’ COMPAC seawater lubricated propeller shaft bearing system in the European-owned containership segment.London-headquartered Lomar Shipping…
ShipSure 2.0: Big Data, Bigger Benefits
Ship owners can derive imperative business and operational insights from integrated, real-time data which is readily accessible via a single platform, especially if it can be taken away with you, writes V.Group CIO Stephen MacfarlaneFor the maritime industry, these are exciting and momentous times, with digitalization as an emphatic and decisive pivot point in operational, business and environmental sustainability.
Egina FPSO Sails to Offshore Field
The $3.3 billion Floating Production Storage Offloading (FPSO) unit built by Samsung Heavy Industries of Korea (SHI) for the 200,000 barrels per day capacity Egina…
Clean Arctic Alliance Welcomes Russian-Finnish Deal on Green Fuel
The Clean Arctic Alliance welcomes the joint statement by Russian President Vladimir Putin and Finnish President Sauli Niinisto on the need to move to cleaner ships’…
Western Towboat Founder Passes Away
Robert “Bob” Shrewsbury, founder of Seattle-based tug and barge services provider Western Towboat, has passed away at the age of 94.Shrewsbury started Western Towboat along Ballard’s waterfront in 1948, operating with just one small tug the, ND Tobey, and working in the early days as business agent, captain and engineer.Today, the family owned company is run by Shrewsbury’s son, Bob Jr., with grandchildren Russell, Ross and Kristin, and has grown its fleet to 22 tugs and seven barges.
Blockchain Benefits Still Murky for Most Commodities Trading
Commodity firms and banks have been diving into blockchain pilot schemes over the last two years but the new technology's application for most trading has likely been over-hyped, a report by Boston Consulting Group (BCG) said.Blockchain, originally the platform behind cryptocurrency Bitcoin, is viewed by some as a solution to inefficiencies, improving transparency and reducing to the risk of fraud.
New Fuel Rules Push Shipowners to Go Green with LNG
Tough new rules on marine fuel are forcing shipowners to explore liquefied natural gas as a cleaner alternative and ports such as Gibraltar are preparing to offer upgraded refueling facilities in the shipping industry's biggest shake-up in decades.From 2020, International Maritime Organization rules will ban ships from using fuels with a sulphur content above 0.5 percent, compared with 3.5 percent now, unless they are equipped to clean up sulphur emissions.
'Hyundai Town' Grapples with Slowed Shipyard and Grim Future
When Lee Dong-hee came to Ulsan to work for Hyundai Heavy Industries five years ago, shipyards in the city known as Hyundai Town operated day and night and workers could make triple South Korea's annual average salary.But the 52-year-old was laid off in January, joining some 27,000 workers and subcontractors who lost their jobs at Hyundai Heavy between 2015 and 2017 as ship orders plunged.To support their family, Lee's wife took a minimum wage job at a Hyundai Motor supplier.
After Soybeans, EU Touts US LNG Imports to Woo Trump on Trade
The European Union said it was delivering on a deal with U.S. President Donald Trump to buy more U.S. liquefied natural gas (LNG) on Thursday but called on Washington to do more to make its prices competitive.In talks to urge Trump to drop hefty new tariffs last month, the EU's chief executive Jean-Claude Juncker agreed to work to increase imports of U.S. soybeans and LNG to the bloc.The EU has long…
Shipping Executive Focus: Art Regan, Executive Chairman, Genco Shipping & Trading
Art Regan, who has been the Executive Chairman at Genco Shipping and Trading (NYSE: GNK) since October 2016, personifies the new type of shipping executive, savvy on all things maritime (he is a graduate of SUNY Maritime College at Fort Schuyler) coupled with a keen understanding of market dynamics. Regan commenced his maritime industry career at sea, rising through the shipboard officer ranks completing…
Liberia Introduces Electronic Certificate Security Features
Liberia continues to deploy significant improvements to its state-of-the-art web-based client interface system, WayPoint, by enhancing certificate security features, introducing a QR Code symbol for electronic certificates and streamlining the procedure for document verification.WayPoint was launched in late-2016 to provide the owners and operators of Liberian-flag ships with secure, real-time, user-friendly access to their fleet details…
V.Group Rolls-out Fleet Cell of the Future
V.Group, the leading global marine and offshore vessel management and support services provider, has announced the launch of its groundbreaking Fleet Cell of the Future…
Croatia Extends LNG Terminal Gas Bidding Deadline
A deadline for bids on output from a planned offshore liquefied natural gas (LNG) terminal to be built on Croatia's northern Adriatic island of Krk has been extended until Sept.
