LNG Carrier 'Coral Energy' naming ceremony to take place next month at the Port of Rotterdam Cruise Terminal. The new ship is claimed by the Dutch owners, Anthony Veder, to be world’s first direct driven dual-fuel ice class 1A LNG carrier. Its development started in 2010 in close cooperation with Norwegian gas provider Skangass. The design of the ship makes it possible to deliver LNG to all sizes of terminals in an environmental friendly way. The ship provides LNG as a cleaner energy source to remote places and to smaller terminals where the LNG can be used amongst other as bunker fuel for other ships, power generation, and retail distribution. The Coral Energy is being built at the Neptun Werft in Rostock, Germany. In recent months various important construction milestones of the ship have been reached, and the vessel was successfully launched on the 30th of September 2012.
Workers at Israel's state-owned Haifa Port went on strike on Monday, shutting one of the major trade gateways, over a government plan to build private, competing ports. "Every hour of the strike causes heavy damage and weighs on Israeli exports and imports," said Chamber of Shipping vice-president David Castle. His statement said it was not clear when the strike would end. Nearly all Israel's exports and imports are transported by ship
With its FlowRider surf park, cantilevered whirlpools and colorful H20 Zone silhouetted against the backdrop of The Statue of Liberty, Freedom of the Seas, the RCL’s latest cruise ship, made its U.S. premiere today. When measured from the waterline to the top of the funnel, Freedom of the Seas towers 208 ft. tall, approximately the same height as two Statues of Liberty, placed head to toe. At 160,000 GRT and holding 3,634 guests double-occupancy
WASHINGTON, DC -- Naval Sea Systems Command (NAVSEA) is currently directing a field demonstration of the Man Overboard Indicator (MOBI) system that will improve the safety of Sailors involved in operational situations that create a high potential for personnel to fall overboard. MOBI is a personal water or manual activated alarm system that aids in the detection, location, and recovery of sailors who become a man overboard victim.
Allcargo Logistics has announced the acquisition of two additional vessels aggregating 24000 DWT. for its coastal shipping business. Post this acquisition Allcargo now owns a total of five cargo vessels making it one of the largest players in the logistics industry. The main criterion for this acquisition was to cater to the growing requirements not only of coastal shipping but regional trade and commerce as well.
InterManager, the international trade association for in-house and third party ship management, is giving its full support to this week’s Seafarers Awareness Week (20-26 June), co-ordinated by Seafarers UK. “Maritime Jobs for Future Generations” is the theme, aiming to raise awareness of the many career possibilities the maritime world offers young people. The shipping industry employs 1
Golar LNG Limited announced details of an expansion to its fleet, saying that it has entered into two newbuilding contracts for 162,000 cu. m. new buildings with fixed priced options for a further two with the Korean shipbuilder Hyundai Samho Heavy Industries Co., Ltd. One vessel will deliver during the third quarter of 2014 and the other will deliver during the fourth quarter of 2014. The total cost of the two vessels is slightly above $400 million
European container ports are unlikely to be able to maintain the strong growth rates of the past three decades, Fitch Ratings says. Combined with the trend for ever-larger ships making fewer unloading stops, this makes risks highest for small- and medium-sized ports. These could be drawn into a price war in times of falling volumes, or could miss out on cargo even if they invest to accommodate larger ships. These risks are already factored in to our ratings in the sector
The expansion of the Panama Canal will take traffic through the inter-oceanic passage to a new level, which already handles around 6 percent of global trade transportation, its administrator said on Saturday. With the expansion of the canal's width and depth, the volume of traffic will double, as Panamax-class vessels will now be able to pass through, carrying up to 14,000 cargo containers. Jorge Luis Quijano, administrator of the Panama Canal
Jotun believes the European Union’s decision to approve the use of copper in marine antifoulings will ensure continued delivery of powerful benefits for both the shipping industry and environment. Copper is a key ingredient of most antifouling coatings, valued for its ability to provide the best overall balance of environmental protection and cost savings. By preventing the settling, growth and spread of a wide range of fouling species
Cruise ship MV Adonia sailed into Havana this morning, completing the first leg of its historic inaugural voyage to Cuba that began on May 1, 2016, from Miami, marking the first time in over 50 years that a U.S. cruise line has sailed from the U.S. to Cuba.
Oman Shipping Company (OSC) reported a $180 million profit in 2015. Tariq bin Mohammed Al Junaidi, chief executive officer of OSC has been quoted by Oman News Agency saying that achieving significant profit came as a result of the good performance of the operations of the
More containership capacity is being demolished than ever before, including old-design ships made redundant by the new Panama Canal. Drewry checks if this end the current capacity surplus? Now is not a good time to own an old containership
Just down river from Damen Song Cam Shipyard, SAL Heavy Lift’s MV Svenja departed from Halong Bay loaded with 14 vessels. The shipment consists primarily of built-for-stock vessels – Stan Pontoons and Tugs – which will be available for immediate purchase on arrival in Rotterdam
New Zealand is set to welcome a record number of cruise ships this summer, including an unprecedented six ships making their inaugural visits to the country. 28 ships from its members' fleets would cruise to New Zealand over the coming months - an increase of more than 25 per cent
The Swedish government has proposed a Swedish tonnage tax system. The aim is for Swedish shipping companies to compete under equal conditions with companies in other countries in Europe. At Donsö Shipping Meet 2015, the Minister for Infrastructure Anna Johansson presented the
Greece's cash-strapped government is proposing to end increase taxes m the country's key shipping sector in order to boost revenues, but some shipping owners are threatening to move their ships abroad as a result, says a report in BBC.
DP World London Gateway has welcomed one of the world’s largest container ships carrying a record 18,601-teu. The UASC-owned Al Muraykh called at DP World London Gateway to unload 3,800 containers. Al Muraykh, a new generation of ultra-large container ships
With MSC Mediterranean Shipping Company has resumed vessel operations to Iran, after services were suspended in 2012 in response to trade sanctions, Some of the world’s largest container shipping lines are pursuing business in Iran, reports WSJ.
Travelling by ship, whether for trade, exploration or war, has been one of the most important parts of human history. As the global economy progressed and developed, the importance of shipping skyrocketed. While the advent of the car and plane heralded new eras of transportation
BAE Systems announced it has signed a contract with Bangkok Dock to assist in the licensed construction of a second 90-meter Offshore Patrol Vessel for the Royal Thai Navy. Under the agreement, BAE Systems will provide engineering support and advice during construction of the vessel in Thailand.
Kolkata, 3rd Feb, 2016: Industry leaders, corporate heads, policy makers and senior executives took part in the very first road show which served as a run up to the Maritime India Summit’16. Maritime India Summit is being organized by the Ministry of Shipping at Bombay Convention and
The Sustainable Shipping Initiative (SSI) is calling on the wider industry to embrace new finance models to fund clean tech upgrades and back calls for a new international framework for tackling shipping emissions. SSI has announced the release of the organization's latest annual
Oman aims to expand shipping and trade links with Iran and get ahead of rivals after the lifting of international sanctions on Tehran, leading port officials involved say. Measures were lifted last month as part of a nuclear deal with world powers
For providers deployed aboard a hospital ships, making sure all the right equipment is on board is vital. The Naval Health Research Center (NHRC) completed a year-long project to optimize and standardize combat support Authorized Medical Allowance Lists, April 5.