Unipec: U.S. ANS Destined for Sinopec
Arbitrage opens after ANS discount widen on ample supplies. Unipec, the trading arm of top Asian refiner Sinopec, has bought two U.S. crude cargoes, including a…
Asia-N.Europe Box Rates Fall 8.1 pct
Freight rates for transporting containers from ports in Asia to Northern Europe fell 8.1 percent to $713 per 20-foot container (TEU) in the week ended on Friday, the Shanghai Containerized Freight Index showed according to a source with access to the data. In the week to Friday, container freight rates dropped 12.4 percent from Asia to ports in the Mediterranean, fell 8.8 percent to ports on the U.S. West Coast and were down 6.8 percent to ports on the U.S. East Coast.
SENER Presents Two FORAN Papers at the Morintekh
In June, the SENER engineering and technology group participated in the 17th Morintekh – Praktik 2016 Scientific Conference, in the city of St. Petersburg, Russia. This key event for the shipbuilding sector was attended by over 300 professionals, who presented their latest technological developments and their experience in the implementation of different solutions. SENER, which had previously participated in this event…
Wärtsilä Environmental Efficiency for Hybrid UK Ferry
A new ferry being built at the Cemre shipyard in Turkey for UK operator Wightlink will feature a comprehensive range of modern Wärtsilä equipment and systems to ensure a high level of environmental efficiency. In addition to conventional fuel, the new vessel will be the first ferry to utilzse Wärtsilä hybrid battery technology to improve efficiency, reduce the exhaust emissions and lower the noise level.
Migrants Survivors Tell of Struggle at Sea
The bodies of 21 women and one man were brought ashore to Sicily on Friday as fellow migrants described scenes of panic and violence when water poured into their dinghy.
Libya's PFG to Lift Terminal Blockades
Petroleum Facilities Guard has blocked terminals for months. Ras Lanuf, Es Sider terminals damaged by fighting. Libya's Petroleum Facilities Guard (PFG) will start…
Live Fish Carrier Launched at Gondan
At high tide, the vessel “MARTIN SÆLE”, the first Live Fish Carrier built by Gondan Shipyard in Figueras, was successfully launched today. Representatives of the owner of the vessel, the Norwegian company Salmon Star AS, were present at the event. This Live Fish Carrier, with 50 meters length and 12,6 meters beam, has capacity to transport up to 1000 m3 of volume of water and fish alive in her hold.
Team Britannia, GAC Inks Partnership Deal
As Team Britannia prepares for its bid to break the round-the-world powerboat record later this year, GAC has been named their official shipping and logistics partner. GAC will draw on the local contacts and expertise of its network of global offices and partners to provide the 80ft powerboat and its 12 strong crew with all the food, fuel and stores needed to complete the 23,000 mile voyage. The first…
Antwerp Port CEO Scoops Baron Title
After 25 years as CEO of Antwerp Port Authority, Eddy Bruyninckx has been raised to the nobility by H.M. the king of Belgium with the rank of baron. In Belgium the title of baron or baroness is reserved for those who have made a notable contribution in a particular sector. In the case of port boss Eddy Bruyninckx his unremitting efforts on behalf of the port of Antwerp over many years, helping to defend and develop its solid N° 2 position in Europe and top 15 in the world…
Ithaca’s FPF-1 platform to be moved to Stella field
Ithaca Energy Inc. reports that the "FPF-1" floating production facility has completed the required inclination test as planned and departed the Remontowa shipyard in Gdansk, Poland. The vessel has been moved to a deep water location offshore Gdansk to undertake final marine system trials over the course of next week. Upon completion of these trials, the FPF-1 will commence the tow to the Stella field. A further update will be provided once towing operations have commenced.
Pathogenic bacteria hitchhiking to North and Baltic Seas?
For the first time, AWI scientists have found evidence of living, potentially pathogenic vibrions on microplastic particles. With increasing water temperatures comes an increasing likelihood of potentially pathogenic bacteria appearing in the North and Baltic Seas. AWI scientists have now proven that a group of such bacteria known as vibrios can survive on microplastic particles. In the future, they…
US Navy Tests Latest Aegis Weapon System
The U.S. Navy conducted a series of cooperative air defense test exercises with the Spanish navy that culminated in live missile firing events using the latest Aegis Weapon System baseline July 20-21. The event was not only the first interoperability test of the latest Aegis Baseline 9.C1 with a foreign ship, but also the first combined Combat Systems Ship Qualification Trial with that country's navy since 2007.
Kerry to Press ASEAN meeting for talks on SCS Disputes
U.S. Secretary of State John Kerry will urge Southeast Asian nations in meetings in Laos next week to find diplomatic ways to launch talks with China on easing tension over the South China Sea following an international court ruling that denies China's claims in the sea. Kerry travels to Laos' capital Vientiane on Monday for meetings of foreign ministers from the 10-member Association of South East Asia Nations where tensions between China and several ASEAN members…
MOL Signs Long-Term Charter with Uruguayan JV for FSRU
Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to conclude a charter contract with Gas Sayago, for a floating storage and regasification unit (FSRU) project in Montevideo, Uruguay. Gas Sayago is a joint venture (JV) owned by UTE – the Uruguayan state power company – and ANCAP – the state oil company. The contract will take effect upon governmental approval which is expected to be granted by the end of 2016.
LNG: Did the Greeks Get it Wrong?
In December 2013, Alibra’s market report front page read: “When in shipping, do as the Greeks do.” At that time, Alibra was referring to the fact that 31% of the LNG carrier orderbook had been ordered by Greek owners. Billions of dollars in CAPEX were being pumped into natural gas exploration, as well as building infrastructure such as liquefaction and export terminals, especially in the US. Some 180 LNG carriers were ordered between January 2011 to December 2014 – many of them speculatively.
Thyssenkrupp Involves in Panama Canal Expansion
Thyssenkrupp supplied 14 innovative elevators for expansion of the Panama Canal , seven for each new lock complex, one of which is on the Atlantic side and the other on the Pacific. Traffic through the locks will be monitored from two control towers that can be accessed via two elevators. The other elevators are installed at several points along the locks. “The elevators descend to a depth of roughly…
Panama Canal Launches Green Award System
The Panama Canal has launched the Green Connection Award, a new initiative to recognize customers who demonstrate excellent environmental stewardship, and to encourage others to implement technologies and standards to help reduce greenhouse gas emissions. Panama Canal customers that meet and exceed environmental standards set by the International Maritime Organization (IMO) and/or other globally recognized standards will be considered.
Cosco: No to Shark Fin
China's biggest shipping and logistics company Cosco has pledged a total ban on transporting shark's fins, says SCMP. It called the move a "body blow" to the international shark's fin trade. In a letter addressed to the Hong Kong branch of the US-based wildlife conservation group WildAid obtained by the Sunday Morning Post, China Ocean Shipping Company (Cosco Shipping) “pledges to implement” a “no shark fin” policy.
Young Taken on PESA Advisory Board
Hoover Container Solutions’ chairman and CEO, Donald Young, has been nominated and elected to the Petroleum Equipment & Services Association (PESA) Advisory Board for a three-year term. PESA’s leadership is comprised of experienced industry executives dedicated to advancing priorities of the service and supply sector. The role of the PESA Advisory Board is to offer insight to the PESA Board of Directors and staff…
NASSCO Bags USS Oak Hill Modification Award
General Dynamics NASSCO-Norfolk was awarded a $42 million cost-plus-award-fee modification to a previously awarded contract for the repair and alteration for the USS Oak Hill (LSD-51). NASSCO-Norfolk will provide ship repair services including engine replacement/repairs, ballast tank preservation, habitability upgrades and close-in weapons system repairs. Work will be performed in Norfolk and is expected to be completed by April 2017.