Fuel Oil Stored in Ships Near Singapore to Rise on More Russian Supplies
The number of tankers used for storing fuel oil along the Singapore Strait has risen since the Ukraine war broke out and could rise further as more of Russia's supplies hit by sanctions head to Asia, industry sources and analysts said.A rise in floating storage supply along the strategic waterway is an indicator that more supplies are available to Asia, which will help ease tight markets. But, at the same time, it could limit a recovery in spot fuel oil prices for the year and weigh on Asian refining profits for the grade.Earlier this month…
KSS Line Opts for "Smart Ship' Package for Up to 15 Ships
Hyundai Global Services (HGS) has signed a contract to deliver its Smart Ship and Satellite Communications package for up to 15 vessels for South Korean shipping company KSS Line.The Smart Ship and Satellite Communications package is a combination of the Integrated Smart Ship (ISS) solution – an IoT platform for ships, developed by HHI Group to support vessel operation and device optimization – supported by Inmarsat’s Fleet Xpress and digital solution Fleet Connect. This achievement is a direct result of a collaboration between HGS…
Maritime's Push Toward "Net Zero Carbon"
IMO’s 2050 deadline to reduce GHG emissions 50% from 2008 levels has set off a gold rush to develop Zero Emissions SolutionsClimate change is the biggest issue facing [all aspects of] the maritime industry, said Kitak Lim, IMO secretary general, in an interview earlier this year with Maritime Reporter & Engineering News. He predicted that shipping could experience as much change in the next 10 to 20 years as it has in the last 100 years, as the industry races to meet a number of challenges…
St. Lawrence Seaway Navigation Season Begins
The St. Lawrence Seaway Management Corporation marked the opening of the Seaway’s 60th navigation season today, with the transit of the newly built Algoma Niagara through Lock 3 on the Welland Canal. State-of-the-art ships such as the Algoma Niagara serve as a key part of the supply chain serving to bolster the competitiveness of North American industry. Over 227,000 jobs are supported by cargo moving over the Great Lakes / Seaway System. Terence Bowles, President and CEO of The St. Lawrence Seaway Management Corporation (SLSMC), noted in his opening address that 2018 marked both the 60th navigation season for the waterway and the 20th anniversary of the SLSMC. Created in 1998 as a not-for-profit corporation, the SLSMC succeeded the former St. Lawrence Seaway Authority.
First Cargo Transhipped at Rotterdam's Sheltered Waters Facility
The Port of Rotterdam says that the first commercial cargo has been transhipped on the inner waters of Maasvlakte 2. At one of the two specially designed berths, oil products were transhipped from the ‘Blue Marlin’ to the ‘Chemtrans Sea’. As the berths are sheltered, it is possible to work faster, more reliably and more safely than on open sea. At the end of this year, the terminals on Maasvlakte 2 will be operational and containers will also be handled there. The Port explains that the cargo handling facilities in the northwest corner of Maasvlakte 2 are an expansion of the already existing ship to ship locations in the port. For the new berths, two sets of eight large poles have been erected. At these dolphins, ships with a length of 225 to 350 metres can moor.
Middle East Maritime Security: Cooperation is the Key Vital
Vice Adm. John Miller, U.S. Navy, commander, U.S. Naval Forces Central Command (NAVCENT), U.S. 5th Fleet, Combined Maritime Forces (CMF) , spoke to delegates attending the IQPC Offshore Patrol Vessel (OPV) Middle East 2013 conference just after participating in the 8th International Institute For Strategic Studies (IISS) Manama Dialogue to discuss the development and implementation of regional security and provided a platform for leaders from more than 30 countries to engage in inter-governmental dialogue on sensitive regional issues.
BCF & WSF Security and Operations Control
Across the globe, populated islands and the desire of their inhabitants to travel elsewhere has led to a need for reliable waterborne transportation. Nowhere is an organized water transportation system more highly utilized than in the shared waters of Washington State and British Columbia. The international border zigzags around the Gulf Islands of Canada and the San Juan Islands of the US. Ferry traffic from the US and Canada traveling to these islands cross each other’s watery borders daily.
