Evoqua, Drew Marine Ink BWMS Deal
Evoqua Water Technologies and maritime solutions and logistics expert, Drew Marine, have announced a partnership to provide a full compliance package for ballast water management. The collaboration brings together Evoqua’s technology and Drew Marine’s engineering, logistics and service expertise to offer ship owners and operators expert assistance worldwide. The partnership will centre around Evoqua’s industry-leading SeaCURE Ballast Water Management System (BWMS).
ESL Shipping to Enter the Renewable Energy Market
ESL Shipping and AB Fortum Värme have signed an agreement for biofuel transport. The agreement provides ESL Shipping with access to the renewable fuels transport market. The company's transport operations to the new Värtan Energy Port in Stockholm will commence at the end of this year. "Fortum will take an important step when its Stockholm power plant switches to more sustainable energy generation and the biofuel-fired CHP plant is completed.
SSAB, Aspo ESL Shipping Pact On Sea Transport
The global steel company SSAB and Aspo Group’s ESL Shipping Ltd have signed a long-term frame agreement covering sea freight for SSAB’s inbound raw material sea transport within the Baltic Sea and from the North Sea. The purpose of the agreement is to secure deliveries of raw materials, enable mutual, long-term gains in efficiency and to reduce overall logistics costs. This will simultaneously make raw material logistics as sustainable and environmentally aware as possible.
Moore Stephens Highlights Potential Tax Issues for Shipping
As part of the Government’s drive to encourage voluntary compliance with the tax rules, it will legislate to introduce a new requirement that large businesses publish their tax strategies as they relate to or affect UK taxation, as well as a special measures regime to tackle businesses that persistently engage in aggressive tax planning and a framework for co-operative compliance. The Government has…
Dan-Bunkering Appoints Bara as Bunker Trader
Dan-Bunkering (Middle East) DMCC is pleased to announce that Lamin Bara has joined the office in Dubai as Bunker Trader as per 1 November 2015. Lamin was born and raised in a multilingual family in Denmark and has been working in the transportation/logistics industry for the past many years.
Pressure on Container Market Akin to 2008 Recession: UASC
A marked drop in Asian imports to Europe, made worse by a strong dollar, has exacerbated the pressure on shipping lines already struggling with massive over capacity, Arabian Supply Chain quotes United Arab Shipping Company (UASC) as saying. Jorn Hinge, president and chief executive of UASC, speaking to Reuters, said that the container market has been hit by a slowdown in demand for goods from Asia, especially China. That has pushed competition into the South American market.
Controversial Nicaragua Canal Project Postponed
China's Hong Kong Nicaragua Development (HKND) Co. said it is delaying the start of construction on a controversial $50 billion inter-ocean canal across Nicaragua until late 2016. HKND has obtained approval for environmental studies of the canal earlier this month. But on Wednesday, a company statement said that the construction will start toward the end of 2016. While the Hong Kong-based developer did not give a reason for the delay…
ZIM Integrated Shipping Remains Profitable
Despite challenging market environment with freight rates reaching historic lows in several key trades, ZIM Integrated Shipping Services continues to outperform the average adjusted EBIT margins in the Industry. ZIM Integrated Shipping , one of the world’s leading container shipping carriers focused on attractive trades in growing markets, today announced financial results for the three and nine month periods ended September 30, 2015.
Evergreen Line Orders Ten 2,800 teu Ships
Taiwanese shipping company Evergreen is ordering ten 2,800 TEU container ships from Japanese shipbuilder Imabari Shipbuilding Co.,Ltd and compatriot CSBC Corporation. The deal between the companies is to buy 10 new 2800 TEU container vessels. The Contract value is $390mln. The first ship is scheduled to be delivered during the first half of 2018 with the final ship in the series is due by the first half of 2019.
Norwegian Escape with Biggest Scrubbers sets Sail
On a sunny October day in the German harbor-town of Hamburg, M/V Norwegian Escape, a brand new cruise ship, sets sail for the first time. On board are five Yara SOx scrubbers – one for each engine. The scrubbers ensure that the cruise is not just pleasurable, but also environmental friendly. Yara Marine Technologies has developed a simple and cost-efficient solution to fight air pollution at sea: the inline scrubber.
SSA Welcomes Decision To Extend BEO
The Singapore Shipping Association (SSA) has welcomed the decision by Singapore’s Minister for Trade and Industry to extend the Competition (Block Exemption for Liner Shipping Agreements) Order (BEO) for another five years until 31 December 2020. This is in line with a recommendation made to the Ministry by the Competition Commission of Singapore (CCS). The BEO, which was first issued in July 2006…
S&P Raises Steamship Mutual outlook to Positive
Poor’s has revised its outlook on Steamship Mutual to Positive from Stable. The A- financial strength rating has been reaffirmed. • the rating could be revised to A if a longer track record of extremely strong capital and stable earnings is demonstrated. “The Club’s underwriting performance and capital strength compare very favourably with the highest rated Clubs in the International Group. The Board is committed to maintaining this strong position which gives security to the Club’s Members.
Henriksen Unveils Strongest SOLAS Boat Lifting Hook
H Henriksen of Norway has received SOLAS certification for a new off-load single-point boat lifting hook capable of holding up to 22.5-tonnes. The quick release hook has been developed principally for use with heavy workboats while a smaller hook has received SOLAS certification for 8-tonnes, making it ideal for the deployment of emergency rescue boats and heavy duty rigid inflatable boats. The new…
Statoil Picks MacGregor Mooring Systems for Hywind
MacGregor, part of Cargotec, has won an order for substructure connection mooring systems for the world's first floating offshore wind farm: Statoil's Hywind pilot park in Scotland. MacGregor will be responsible for the delivery of the Pusnes substructure mooring connection system for the pilot project's five floating wind turbines. Delivery of equipment is planned from the second through the fourth quarter of 2016 and installation of the wind turbines is scheduled for 2017.
Fugro's Havila Harmony to join MH370 Search
Fugro is providing an additional vessel, the Havila Harmony, to join the search for the missing flight MH370 in the southern Indian Ocean. From the 93-metre multi-role vessel, Fugro will deploy the Echo Surveyor VII autonomous underwater vehicle (AUV). Havila Harmony is under long-term charter to Fugro and has excellent sea-keeping capabilities, providing a stable platform for operations in a wide range of weather conditions.
Rates, Fees of Danish Maritime Authority to be Revised
A number of fee rates within the Danish Maritime Authority's area will be changed from 2016. The price schedule is available from the webpage of the Danish Maritime Authority. The Danish Maritime Authority has recalculated the rates of the fees within the Authority's area. certificates of proficiency and speedboat certificates. Furthermore, the hourly rate for surveys will be changed. In the future…
Groundbreaking Ceremony for Seaspan's Vancouver Office
Seaspan hosted a groundbreaking ceremony today to announce it has officially started construction on a new head office in North Vancouver. The 7,800 square metre (84,000 square foot) corporate headquarters, scheduled for completion in late 2017, will be constructed at the foot of Pemberton Avenue on the south western spit of the property. Once complete, the building will be four storeys high and include state-of-the-art office space…
Damen Marine Components Opens Jiangyin Plant
Damen Marine Components (DMC) is proud to announce the opening of its brand new facility in Jiangyin, China.Those present at the opening ceremony included CEO of Damen Shipyards Group RenéBerkvens and General Manager of DMC Jiangyin Aart Vogelaar.Also involved in the ribbon cutting were Consul-General of the Netherlands in Shanghai Anneke Adema, Feng Aidong Member of CPC Jiangyin Municipal Committee…
Extended Warranty from Yanmar for Sailboat Engines
Yanmar Marine International B.V. has introduced an extended 3 years’ period of YANMAR Limited Warranty for Sailboat Engine Models. This extended warranty of 3 years is offered to owners of specific YANMAR marine engine models which will be used for private and personal pleasure use only. For the first retail purchaser on or after July 1, 2015. · YANMAR 4JH45, 4JH57, 4JH80 and 4JH110: For the first retail purchaser of all engine serial numbers regardless the production date.
Lighter, Longer-lasting Laminate from Dimension-Polyant
Dimension-Polyant, part of the DEUTSCHE YACHTEN working group, has developed a longer-lasting but lighter surface laminate for the discerning owner and skipper, one which can also be used on super yachts. Lite Skin protects the internal grid structure of carbon sails of all sizes with higher abrasion resistance than film/film-quality. This fabric surface improves the handling of main and Genoa sails for cruising and even has racing applications.