DSME, Sovcomflot Delay Delivery of First Arctic LNG carrier
South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) and Sovcomflot have agreed to delay a liquefied natural gas carrier being built for the Yamal LNG project in Russia. According DSME statement the vessel, which was originally scheduled for June this year re-set the delivery date, will now be delivered in January 2017. No details have been disclosed on the reasons of the delay. In March 2014…
Container Weight Regulations
Starting July 1, 2016, the International Maritime Organization’s (IMO) Maritime Safety Committee approved amendments to The International Convention for the Safety of Life at Seas’ (SOLAS), will require that shippers verify gross container weight prior to shipping. But now, according to a report in the WSJ, IMO says ‘practical and pragmatic’ three-month grace period would calm exporter fears of widespread backups.
DSME Reveals Additional Self-Restructuring Plan
South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has revealed an additional self-restructuring plan amid the falling shipbuilding orders. The company’s creditors, led by the state-run Korea Development Bank, will now decide on the new self-rescue plan which proposes a further cut in DSME’s workforce and wages, as well as temporary closure of docks, the Korea Herald reports citing industry sources.
Sovcomflot IPO Soon
The long-awaited initial public offering (IPO) of Sovcomflot, which runs one of the world’s largest tanker and gas carrier fleets, has moved a step closer. Economy minister Alexei Ulyukayev was quoted by local Russian news agencies as saying that the government might get around RBL24bn ($357m) roubles from selling a 25% stake in the nation’s top line, Sovcomflot. He said the IPO would happen this year.
BEST Sets Container Handling Record
Hutchison Port Holdings Limited (HPH) subsidiary Barcelona Europe South Terminal (BEST) achieved a new record when it moved 7,760 TEU on the call of MSC Beatrice. A total of eight ship-to-shore gantry cranes were deployed simultaneously for the operation, achieving a peak Vessel Operating Rate of 221.3 moves per hour. Guillermo Belcastro, General Manager of BEST, said: “BEST is the only terminal in…
Weight for Delays
Drewry survey finds that confusion reigns over new container weighing rule with most stakeholders expecting some delays after its implementation in July. There is just over a month to go before new safety regulation comes into effect that will mandate container weighing from 1 July, but at the eleventh hour there is still much confusion over how shippers and forwarders will be able to comply. Overweight…
Pioneer Marine Cancels Drybulk Newbuildings
Pioneer Marine Inc., a shipowner and global drybulk handysize transportation service provider, has terminated the last two newbuilding contracts for Green Dolphin 38…
KOTUG Begins Operations in Mozambique
KOTUG Mozambique has begun exclusive port and terminal towage services with two Rotortugs in the new port of Nacala-a-Velha in northern Mozambique for Nacala Development Corridor (CDN), effective May 5, 2016. The RT Magic and RT Spirit welcomed the largest bulk carrier Shining Dragon, to assist her safely to her berth. The Rotortugs, pioneered by KOTUG and featuring three separate azimuth propulsion units to provide improved vessel safety…
French Oil and Port Workers Vote to Begin New Strikes
Oil sector workers of French CGT and FO unions voted on Monday to begin a strike at Exxon Mobil's 240,000 barrels-per-day Port Jerome refinery in northern France, the unions said in a joint statement.
Basra Gateway Terminal Goes Live with Navis N4
Navis, a part of Cargotec Corporation, and provider of operational technologies and services that unlock greater performance and efficiency for terminal operators…
Nominations Open for SHIPPINGInsight Award
Nominations are now being accepted for the 2016 SHIPPINGInsight Award. The annual award will be presented at a gala luncheon on the opening day of the fifth SHIPPINGInsight…
Crowley Ramps up Investment in Puerto Rico
Crowley Puerto Rico Services announced an additional $21 million construction contract for improvements and upgrades at its Isla Grande port terminal in San Juan. The contract was awarded to Del Valle Group, S.P. of Toa Baja, Puerto Rico, and includes expanding the terminal’s capacity for handling refrigerated containers; paving 15 acres to accommodate container stacking; installing a new electrical substation to provide power for three new ship-to-shore gantry cranes…
Maritime Turkey Set for a Tailwind
Turkey is strategically located, straddling both Europe and Asia with substantial number of Black Sea and Mediterranean Sea ports, thus making maritime trade and shipping of great importance to the country’s economy. Its extensive coastline running for 8,483 km, (1,067 km of which is island shores) has greatly contributed to the growth of Turkey’s maritime sector. Turkish shipyards have a tradition spanning eight centuries.
ABS: Sharpening its Global View
The American Bureau of Shipping (ABS), already one of the world’s well-regarded classification societies, recently restructured its ranks to meet the perpetually evolving needs of its customers. Kirsi Tikka, the global head of marine, and Howard Fireman, CTO, explain. While the business of ship classification is ever-evolving, it could be argued that today is a watershed of sorts in terms of this businesses evolution.
Cheoy Lee Joins the Robert Allan Ltd. ‘Century Club’
On April 26, 2016, China’s Cheoy Lee Shipyards launched its 100th vessel built to a Robert Allan Ltd. design, becoming the second shipyard worldwide to do so, following Sanmar’s achievement in 2013. The cooperation between Robert Allan Ltd. and Cheoy Lee dates back to 2003, with the construction of the first of the Z-Tech series tugs for PSA Marine. The milestone tug, Hull Number 5098 at Cheoy Lee, is a RAstar 3200 class ASD tug, with completion expected in August, 2016.
Navico Makes its Commercial Push
Marine electronics group Navico, a literal ‘house of brands’ for the recreational, sail, power and commercial marine markets, is making a strong push in the commercial sector with its Simrad brand. The ascension of Navico in recreational marine electronics business – an estimated $1 billion market globally – was fast and furious, growing from roughly 7% of the global market in 2005 to nearly 30% in 2007…
Ardent Earns ISO 9001:2015 Certification
Ardent, formed just over a year ago as a merger of A.P. Moller-Maersk’s Svitzer Salvage and Crowley’s Titan Salvage, has been issued the ISO 9001:2015 Certification for its Quality Management System for Preparedness, Emergency Response, Wreck Removal, Decommissioning, and Diving Services by Lloyd’s Register Quality Assurance. The ISO 9001: 2015 sets criteria for a quality management system, and evaluates organizations with their management approaches and customer focus.
Design Concept: Zero Emissions Cargo Ship
The designs for a multi access zero emissions cargo ship will be unveiled at the 5th Natural Propulsion Seminar in Wageningen, Netherlands, on Tuesday, May 24. The Fair Winds Trading Company (FWTC) is currently in the research and design stage for this state-of-the-art zero-emissions, low impact sail cargo ship capable of transporting from remote low infrastructure points of production, i.e. micro ports, estuaries and beaches to points of purchase.
First Cruise Company Fined under Australia’s New Fuel Rules
Australia’s NSW Environment Protection Authority (EPA) has fined Carnival PLC $15,000 after one of its P&O Cruises ships, the Pacific Jewel, breached new low sulfur fuel regulations in Sydney Harbour. A fuel sample taken by the ship’s crew and provided to EPA officers while the ship was berthed at the White Bay Cruise Terminal on February 26, 2016 had a sulfur level of 0.293 percent, nearly three times the 0.1 percent sulfur limit.
Hapag-Lloyd: 50 Years of Container Shipping in Germany
50 years after the beginning of modern container shipping in Germany, international trade is handled by 6,397 containerships, with a capacity of 21.1 million TEU. Hapag-Lloyd’s container fleet numbers among the largest in the industry. The revolution reached Germany 50 years ago. And even if no gunshots were heard, there was still a loud bang. On May 5, 1966, the Fairland, owned by the American shipping company Sea-Land, called at Bremen’s Überseehafen (overseas port).