Busiest US Seaport, Buried in Imports, Plucks out Toys to Load Santa's Sleigh
Workers at the busiest U.S. seaport are plucking containers of toys off ships and out of massive stacks of cargo swamping docks at the Southern California trade gateway to get holiday gifts under trees in time for Christmas.“We’ve never had this much cargo,” Gene Seroka, executive director of the Port of Los Angeles, said on Tuesday, when the port announced that imports spiked 25% during the month of November.With so much cargo flooding in ahead of Christmas…
Ship Finance Lenders Fall Short of Sector's Carbon Targets
Many of the world’s biggest lenders to shipping companies fell short of carbon-cutting targets last year in the first analysis of CO2 goals for the sector by financiers, a report showed on Wednesday.Global shipping accounts for nearly 3% of the world’s CO2 emissions and the industry is under pressure to reduce those emissions and other pollution. About 90% of world trade is transported by sea.Last year…
ABB Marine & Ports Opens Cyber Security Lab
ABB Marine & Ports has opened a new shipping cyber security laboratory ahead of stricter maritime cyber security rules due to enter force on January 1, 2021.In line with the guidelines set out by the International Maritime Organization (IMO), the new laboratory features hardware and software systems developed to help shipowners and operators combat the maritime industry’s growing cyber security risks, ABB said.
Baltic Exchange Launches New Service for Ship Investors
Publisher of maritime market benchmarks, the Baltic Exchange, has launched a new service for shipping investors which provides a snapshot five-year view of the financial prospects of dry bulk carriers.The Baltic Exchange Investor Indices are an easy to use online dashboard displaying data relevant to vessel investment decisions, residual value, health of earnings, spot and five-year timecharter earnings; purchase & recycling values; and running costs.
New Autonomous Navigation System Put to the Test
A rigorous sea trials program has demonstrated that a new autonomous navigation system can safely navigate unmanned vessels in real-time and in a real-life environment—without human intervention.U.K.-based tpgroup said its patent pending Northstar was successfully used on different platforms and within a range of environments that include congested waterways and in open water. This level of technological…
Shipbuilding: Former NBA Star Tony Parker's Yacht Takes Shape in Turkey
AvA Yachts is currently building M/Y Infinity Nine, the second of AvA’s Kando series being built for former NBA star Tony Parker.Parker visited the yard to witness construction firsthand, and to date the hull and superstructure are now complete with the final coating of the hull underway. All major equipment has been delivered and installed and the interior fit out has begun in earnest.An extended swim platform at the stern…
Video: Philly Shipyard Cuts Steel for First NSMV
Philly Shipyard held a steel cutting ceremony for the new National Security Multi-Mission Vessel (NSMV), the first of five planned purpose-built, state-of-the-art training vessel for America’s state maritime academies, marking a key milestone in one of the U.S.' most significant shipbuilding programs.“This new state-of-the-art modern school training ship will be a tremendous addition to the U. S. Flag fleet…
American Pilots’ Association Names Diamond as Executive Director
The American Pilots’ Association (APA) announced Clayton L. “Clay” Diamond will assume the duties of Executive Director and General Counsel effective January 1.Diamond succeeds Paul Kirchner, who has been APA Executive Director-General Counsel since 1992. Kirchner will continue with APA as Senior Counsel focusing on issues and projects related to State pilotage and international matters.Diamond, who has been APA’s Deputy Director-Associate General Counsel since 2008, is a graduate of the U.S.
PSC Acquires Fryoux Tankerman Service
Petroleum Service Corporation (PSC), a provider of tankerman services, product handling and site logistics for the petrochemical and refining industries, announced Tuesday that it signed an agreement to acquire certain assets from shoreside tankerman company Fryoux Tankerman Service.As part of the transaction, PSC will absorb Fryoux’s tankerman operations along the Gulf Coast. Jimmy Fryoux, President of the third-generation…
Baltic Index Rises to Highest in Six Weeks
The Baltic Exchange's main sea freight index rose to its highest since early November on Tuesday, helped by stronger rates across vessel segments.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was up by 38 points, or about 3%, at 1,273, its highest level since Nov. 2.The capesize index rose 102 points, or 6.9%, to 1,583, its highest since Nov.
Iridium's GMDSS Service Goes Live
Satellite communications provider Iridium Communications Inc. announced Tuesday that its Global Maritime Distress and Safety System (GMDSS) service officially went live on Friday, December 11, ending a monopoly held by rival Inmarsat and enhancing the integrity of global safety communications for seafarers globally.GMDSS is an internationally regulated service, governed by the International Maritime Organization's (IMO) Safety of Life at Sea (SOLAS) convention.
JRC Iberia Supplies Bridge Equipment for Amazonas River Vessel
JRC Iberia delivered a complete bridge concept on board the passenger vessel Amazonas II, built at Drassanes Dalmau shipyard in Barcelona, Spain.The bridge supply is composed of a full JRC navigation and external and internal communication package including VDR, ECDIS, Alphatron BNWAS, AlphaSea pilot and Talk-Back system among others.Amazonas II is the latest passenger catamaran ordered by shipowner…
RINA Opens Greek Fleet Operation Center
Classification society RINA said it has opened its Fleet Operating Center (FOC) in newly expanded offices in Piraeus. The move, together with the relocation of the Deputy EVP for the Marine Business, Massimo Volta, to Athens, is part of the company’s long-term strategy to further strengthen its presence in Greece.The new center will make it possible to integrate, in real time and on a single platform…
Top Maritime Trends of 2020: Autonomy
While work on maritime autonomy has proceeded at speed globally, a pair of U.S. companies – Metal Shark and Sea Machines – have jumped to the fore in delivering solutions that have evolved from the research & development department to work on the waterways.When talk turns to “autonomy” in the maritime sector there are more questions than answers. It is generally agreed that the technology is ahead of both legislation and business concerns, such as insurance.
AIP to Daehan Shipbuilding for Small LPG Carriers
DNV GL has awarded an Approval in Principle (AIP) to Daehan Shipbuilding (DHSC) for a new design of small-size LPG carriers in the range of 5,000-7,000 DWT. The AIP handover ceremony took place recently at the DHSC headquarters in Mokpo. Dae-Seong Jeong, DHSC President & CEO, and Vidar Dolonen, Regional Manager Korea & Japan at DNV GL - Maritime, attended the presentation. Prior to the AIP, DHSC and…
Larsen Takes the Helm at Norwegian Electric Systems AS
Geir Larsen, 50, will take over as the new Managing Director of Norwegian Electric Systems and will further develop the company’s position in energy design and smart control as part of the green shift.Larsen has extensive management experience from the Norwegian maritime and marine technology industry. He has previously been at the helm of Vard Aukra, Inpower and ABAS Crane, and has also worked in aquaculture, including for the AKVA Group.
Erith Named Babcock's New Marine CEO
Babcock, the aerospace and defence company, announces that Will Erith has been appointed as CEO of its Marine sector, effective immediately.Will was previously Managing Director of the Surface Ships Business Unit within the Sector, and before this held a range of leadership roles at Rolls Royce including international appointments based in the Asia Pacific region.He succeeds Derek Jones who will return to his role of Corporate Services Director, Marine.
Hasås joins Kongsberg Digital as SVP for Maritime Simulation
Morten Hasås will join Kongsberg Digital on January 1, 2021, as Senior Vice President for Maritime Simulation. Previously CEO of Scantech Industries, Hasås has held top management positions at ScanSense, Scanmar and Kongsberg Maritime.“With Morten we are strengthening the already solid Maritime Simulation team at Kongsberg Digital,” said Andreas Jagtøyen, Executive Vice President of Digital Ocean, Kongsberg Digital.
The Philippines: Boskalis Nets Largest Deal in Its History
Dutch marine and dredging giant Boskalis has won a contract for the land development design and construction of the Manila International Airport (MIA) in the Philippines…
Timeline: Nord Stream 2 Gas Pipeline's Difficult Birth
Russia has resumed construction of the politically-charged Nord Stream 2 gas pipeline to Germany, laying pipes after a one-year hiatus prompted by U.S. sanctions, the pipeline operator said on Friday.An alleged nerve agent attack on Kremlin critic Alexei Navalny in August was the latest political controversy to hit the nearly-completed Nord Stream 2 gas pipeline, as Germany debates whether to halt…
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