Rolls-Royce to Design, Equip HB Grandi's New Trawler
Rolls-Royce informs it has won a contract to design and equip a new Rolls-Royce NVC 375 WP stern trawler for Icelandic fishing company HB Grandi. The 82 meter vessel will process various filet products and has a freezing capacity of 100 metric tons/ 24 hours. It has an approximately 1,600 m3 cargo hold capacity with an additional approximately 700 m3 meal hold. The holds are constructed for palletized cargo. The trawler has a fuel-efficient Wave Piercing hull.
d’Amico's Entire Fleet is MRV Compliant
RINA Services has verified that the entire fleet of the d’Amico Group has met the Monitoring, Reporting and Verification of CO2 emissions Regulation (MRV) requirements according to EU 2015/757 Regulation. The fleet comprises 36 vessels which are managed by d’Amico Società di Navigazione and 35 vessels managed by its subsidiary Ishima Pte. Ltd. This new regulation was developed in response to the challenge of reducing greenhouse gases in European territories to the 2050 targets set by EU.
Eastern Delivers Fourth Towboat to IWL River
Eastern Shipbuilding Group, Inc. said it has delivered the last of four newly built inland river towboats to IWL River, Inc., one of the builder’s newest clients. The four new towboats – Impala Soledad, Impala Salgar, Impala Mompox and Impala Cantagallo – will service the inland waterways of Latin America for Impala Terminals. Impala owns and operates a network of terminals that facilitate global trade flows…
Lower Rates for Large Vessels Weighs on Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped for the second straight session on Friday on weak rates for larger vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, fell 19 points, or 2.07 percent, to 901 points. The capesize index was down 60 points, or 5.24 percent, at 1,086 points.
LNG Price Row between GAIL, Cheniere Looms
India's biggest importer of U.S. liquefied natural gas (LNG) is trying to re-negotiate prices with the U.S. seller, sources said, undermining plans by U.S. President…
Japan Investigators Unlikely to be Granted Access to Fitzgerald Crew
The United States will likely bar Japanese investigators from interviewing USS Fitzgerald crew manning the guided missile destroyer when it was struck by a cargo…
Asia Demand for U.S., Atlantic Basin Crude Oil Jumps
Japan refiners book US crude cargoes for Sept delivery. Asian demand for crude oil from the Atlantic Basin and the Americas is set to rise as low prices drive Japanese…
Maersk: Most Ports at Normal Ops After Cyber Attack
Maersk Line sees "great progress" in the restoration of its infrastructure after it was hit by a cyber attack this week, it said in an update to customers on Friday.
Asia Tankers-VLCC Rates Flat as Old and New Ships Compete
MidEast-Asia rates likely to remain flat until August; paper derivative trades show no uptick until October. Freight rates for very large crude carriers (VLCCs) are likely to remain flat next week…
International Seaways Acquires Two Suezmax Tankers
International Seaways announced it has entered into an agreement to acquire two Suezmax tanker newbuildings constructed at Hyundai Samho Heavy Industries shipyard.
Subsea 7 Acquires EMAS Chiyoda Subsea Assets
Subsea 7 S.A. said it has acquires certain businesses of EMAS Chiyoda Subsea (ECS) under a U.S. bankruptcy code Chapter 11 Plan of Reorganization, confirmed by the U.S.
BWM Should Not Distort the Market: Intercargo
In view of the International Maritime Organisation’s (IMO) Marine Environment Protection Committee upcoming meeting (MEPC 71 during 3-7 July 2017), Intercargo re…
KOTC, GAC Fujairah in Husbandry Contract
GAC Fujairah has been awarded a husbandry contract by the Kuwait Oil Tanker Company (KOTC) to provide ship supply services, spare parts handling and a range of other…
HMM Meets Vietnamese Delegation
On June 29, Vice Minister of Transport in Vietnam, Nguyen Van Cong accompanied by delegates from Vietnam Maritime Administration (VMA) and Vietnam National Shipping…
MOL Bags Yamal LNG Charter Contract for Four Ships
Mitsui O.S.K. Lines (MOL) announced it has signed a long-term charter contract for four liquefied natural gas (LNG) carriers with the tank capacity of 174,000m3…
New Global Industry Alliance Established to Support Low Carbon Shipping
Leading shipowners and operators, classification societies, engine and technology builders and suppliers, big data providers, and oil companies have signed up to…
India's Largest Container Port Trying to Recover from Cyber Attack
The National Cyber Security Coordinator Dr Gulshan Rai visited Jawaharlal Nehru Port Trust (JNPT) to assess the impact of the global cyber attack that has disrupted…
Cargo Ship Runs Aground off Virginia
The U.S. Coast Guard said it is monitoring a 586-foot Thai-flagged cargo vessel that ran aground off Sewells Point in Norfolk, Via., Thursday. Watchstanders at the…
Aspin Kemp, MAN Diesel & Turbo Finalize Partnership
Canadian engineering firm Aspin Kemp and Associates Inc. (AKA) and German based engine and turbomachinery market leader MAN Diesel & Turbo SE have finalized an agreement between the two companies whereby MAN Diesel & Turbo steps in as a 40 percent shareholder in AKA. Through this new partnership, AKA said it will look to build its innovative potential with MAN in a broader market for power and energy solutions. Company co-founder Jason Aspin remains a controlling shareholder and CEO of AKA.
Concordia Charters Out P-MAX Tanker
Concordia Maritime said it has signed a contract to charter out the P-MAX tanker Stena Paris to “one of the world’s largest oil and gas companies.” The contract is for one year…