Damen's InvaSave Passes Shipboard Tests
Damen’s port solution for ballast water management on course to help compliance with upcoming IMO regulation. More and more countries are ratifying the IMO’s Ballast Water Management Convention (BWMC) and it is very likely that it may enter into force as early as the first half of 2017; in any case, it is only a matter of time. The shipping community must prepare for challenges to meet its requirements. Damen’s InvaSave is a solution that will help pave the way for compliance in ports.
North P&I Publishes Loss Prevention Guide on Bulk Cargoes
The 175 million GT, ‘A’ rated North P&I Club has published a major new guide for the international shipping industry on how to reduce losses when carrying bulk cargoes by sea.
Record Year for Valletta Cruise Port
A total of 668,277 passenger movements were recorded on 306 cruise vessels calling Valletta in 2015, equating to an increase of 150,683 passengers, or a 29.1 percent increase on the previous year. The year’s record figures surpassed the port’s previous best of 608,786 passenger movements set in 2012. As per NSO statistics, which exclude embarking passengers, the 2015 landed passengers amounted to 600,156, up sharply from 471,554 in 2014.
Improved Performance for Lithium Ion Battery Systems
Corvus Energy has validated and is restating the product specifications for its lithium ion battery systems reflecting that the system has double the RMS power capability…
Trelleborg Ships its 600th LNG Ship Shore Link
Trelleborg’s marine systems operation has passed a milestone with the shipment of its 600th SeaTechnik Ship Shore Link (SSL) system for the Liquefied Natural Gas (LNG) Industry. The SeaTechnik SMART SSL system will be installed on a 174,000m3 LNG Carrier (Hull number 2411), being built by Daewoo Shipbuilding & Marine Engineering (DSME) at its Okpo ship yard, Goeje Island, South Korea, for Teekay shipping Limited.
China: Rig Not Drilling in Disputed Waters
In mid-2014, rig caused worst breakdown in ties in decades. China's Foreign Ministry said on Wednesday that a $1-billion deepwater oil rig was not drilling in disputed…
Glencore Sells Russian Blend to Chevron for U.S. Delivery
Swiss-based trader and miner Glencore has sold 100,000 tonnes of Urals for loadings from Primorsk on Jan. 16-17 to Chevron for delivery to the US Gulf Coast, traders said…
Cargotec Acquires Interschalt Maritime Systems AG
Cargotec Corporation agreed to acquire INTERSCHALT maritime systems AG, the specialist software and related service provider to the maritime industry. The acquisition…
Ports America Refocuses, Oakland Lease Goes
Ports America, the largest stevedore and terminal operating company in the United States, is refocusing its business strategies on the West Coast through additional investments and expansion of services into new terminals. Areas of concentration include Los Angeles, Long Beach, the Pacific Northwest and western Canada. These regions have been identified as most suited to its realignment goals. Ports…
World Maritime Day Theme Launched
The critical link between shipping and global society is the main focus for this year’s World Maritime Day theme: "Shipping: indispensable to the world". The theme for 2016 was launched by IMO Secretary-General Lim as he opened the Sub-Committee on Ship Design and Construction (18 January). Mr. Lim said that without shipping, importing and exporting goods on the scale necessary to sustain the modern world would simply not be possible.
NYK Fixes Charter for Wood-chip Carrier
NYK has concluded a long-term contract with Hokuetsu Kishu Paper Co. Ltd. for a new wood-chip carrier to be built by Oshima Shipbuilding Co. Ltd. and delivered in 2018. The ship will be able to load 4.3 million cubic feet of wood chips and will feature an advanced eco-design and electronically controlled engines. NYK currently has long-term contracts with Hokuetsu Kishu Paper for six wood-chip carriers…
PC Maritime ECDIS for 39 OSG Tankers
PC Maritime has secured a contract to supply, install and commission dual Navmaster ECDIS on 39 tankers owned by Overseas Shipholding Group (OSG) and managed by V.Ships UK. The contract is to be completed and all crew trained and certified by the end of 2016. To have this number of vessels fully equipped by the end of 2016 requires installation not only during dry docking periods but also within OSG’s trading schedules.
Wärtsilä to Upgrade Residential Ship "The World"
"The World", the largest, private, residential ship on the seas, will be retrofitted with a Wärtsilä Advanced Wastewater treatment system and a Wärtsilä Nacos Platinum system for navigation and external communication purposes. The Wärtsilä Advanced Wastewater solution will replace an existing system and keep the vessel in full compliance with the International Maritime Organization's (IMO) requirements concerning the prevention of pollution from ships.
Cosco’s Offer for Piraeus Port Due
Cosco Pacific is expected to submit an improved bid for the controlling stake in Piraeus Port Authority (OLP) on Wednesday that is set to be discussed at the board meeting of the Hellenic Republic Asset Development Fund (TAIPED), reports Kathimerini. Cosco was the sole bidder for a 67 percent stake OLP, the manager of the country's biggest port which is a gateway to Asia, eastern Europe and north Africa. The agency has asked Cosco to improve its offer.
European Shipowners Welcome EP TiSA Recommendations
European shipowners welcome the European Parliament’s INTA Committee recommendations to the European Commission on the ongoing negotiations of the Trade in Services Agreement between some of the world’s leading economies. In it MEPs acknowledge the crucial role shipping plays as the lynchpin of global trade and call for improved access to third-countries. MEPs also ask the parties to address and remove current restrictions on maritime transport services and to strive for reciprocity.
Outlook for Listed Dry Bulk Companies in 2016
Investors suffered massive wealth erosion in 2015, as share prices of dry bulk companies kept tumbling during the year, says Drewry Maritime Equity Research (DMER). DMER’s shipping index, which is based on the market cap of leading dry bulk companies, was down ~43% in 2015. Asset values failed to find a bottom with ship owners putting their vessels on the block in a bid to fix their balance sheets.
Offshore Service Craft in Focus
Defining “industrial personnel”, such as workers transported on offshore service vessels, is among the topics on the agenda of International Maritime Organization (IMO)’s Sub-Committee on Ship Design and Construction (SDC). People travelling on these vessels are likely to have had specific training and abilities and may differ from ordinary “passengers”, therefore defining “industrial personnel” is important when it comes to setting safety standards for vessels such as wind farm service craft.
CMA CGM Announces NEFGUI and North Brazil Feeder to Call at Vila Do Conde
CMA CGM announces its customers that in a continuous effort to improve its services, NEFGUI and NORTH BRAZIL FEEDER will now be calling at Vila Do Conde in replacement of Belem. First SB call at Vila do Conde: January 25th, 2016 with m/v CMA CGM MARSEILLE voy. First NB call at Vila do Conde: January 26th, 2016 with m/v CMA CGM MARSEILLE voy. First call at Vila do Conde: January 29th, 2016 with m/v NADJA voy.
Saudi KAP Ends 2015 with Stellar Feats
King Abdullah Port (KAP), the first privately developed and managed port in the Saudi Kingdom and the region, has announced the port’s success in handling 1,307,017 TEUs, says a repot in the Saudi Gazette. Engineer Abdullah bin Muhammad Hameedaddin, managing director of the Ports Development Company, owners, developers and managers, of KAP, said that the company also opened its fourth berth in May 2015, increasing its capacity to over 2.7 million TEUs as per its Masterplan.
Indonesian Shipyard Launches Frigate
The first of two SIGMA 10514 Perusak Kawal Rudal (PKR) guided-missile frigates under construction for the Indonesian Navy (TNI AL) has been launched by PT PAL’s Surabaya Shipyard. The SIGMA 10514 Perusak Kawal Rudal, built in collaboration with Damen Schelde Naval Shipbuilding (DSNS), is nearly 345 feet long and displaces 2,365 tons. It is of a modular design - four built in PT PAL's shipyards and two built by DSNS in the Netherlands.