'Chaotic' Shift to Cleaner Shipping Fuel Looms
The biggest change in shipping fuel for decades is three years away, but shipping and refining companies need to be taking action now to ensure the world will have…
Asia Tankers-VLCC Rates to Hold Steady
25 MidEast cargoes still to be fixed; VLCC rates fall to 4-month low. Freight rates for very large crude carriers (VLCCs), which hit a four-month low on Thursday, are likely to hold around current levels or nudge higher as charterers fix the final charters in February's loading programme from the Middle East. Brokers however said an oversupply of tonnage from a raft of new vessel deliveries and older…
Port of Seattle CEO Resigns
Port of Seattle CEO Ted Fick tendered his resignation at a public port commission meeting Thursday after more than 2.5 years at the helm. Fick was recently placed on paid administrative leave due to “personnel issues” and the separation was described as “mutual”. “We accept the resignation of Ted Fick, and acknowledge his desire to return to the private sector,” said Commission President Tom Albro.
Kongsberg Eyes Key Contract in German-Norwegian Submarine Deal
Norwegian conglomerate Kongsberg Gruppen aims to supply command and control systems to the submarines that Norway and Germany plan to order from Germany's Thyssenkrupp…
IMO Accepts IMCA Paper as Basis for Updating DP Guidelines
The International Maritime Organization (IMO) has agreed to continue using the International Marine Contractors Association (IMCA) document covering the Guidelines for Training and Experience of Key DP Personnel as the basis of the IMO Guidelines for Dynamic Positioning System (DP) Operator Training (MSC/Circ.738). The IMCA Guidance on the Training and Experience of Key Dynamic Positioning Personnel (IMCA M 117) has recently been revised and earlier this week IMO Sub-Committee on Human Element…
India Impounds Ships, Detains Crew Over Oil Spill
Port authorities in Chennai have impounded a BW LPG vessel and a local ship carrying heavy fuel oil, and detained their crews, a spokesman for the port said on Friday…
US Navy Destroyer to Patrol off Yemen amid Iran Tensions
The United States has sent a Navy destroyer to patrol off the coast of Yemen to protect waterways from Houthi militia aligned with Iran, two U.S. officials told Reuters on Friday…
Damen Takes Control of Curaçao Yard
Damen Shiprepair & Conversion (DSC) has taken over the management of the Curaçao Droogdok Maatschappij (CDM) as of February 1, 2017, following an agreement between the Government of Curaçao and Damen Shipyards Group in September 2016. The location will now continue its activities under the name of Damen Shiprepair Curaçao (DSCu). With this step in Curaçao, part of the Kingdom of the Netherlands, Damen expands its ship repair activities across the Trans-Atlantic Ocean.
Lockheed Martin Backs UK Cyber-Training Initiative
The British arm of U.S. defence major Lockheed Martin said on Friday it would back a UK government initiative to train students in cyber security to combat a growing skills gap in the area.
Gladding-Hearn Delivers to Michigan Pilots
The Lake Pilots Association, District 2, in Port Huron, Mich., has accepted delivery of Huron Spirit, a new Chesapeake Class pilot boat from Gladding-Hearn Shipbuilding, Duclos Corporation. With a length overall of 52.5’, a beam of 16.7’, and a draft of 4.8’, the all-aluminum pilot boat features the C. Raymond Hunt-designed Deep V hull. It is powered by twin Cummins QSM11 diesel engines, each delivering 602 Bhp at 2300 rpm and a top speed of 25 knots.
Traders Rush to Ship US Oil as Export Window to Asia Opens
Oil majors and trading houses are set to ship an unprecedented volume of U.S. crude oil to Asia in coming weeks, boosting already high flows to the region due to higher prices from OPEC production cuts. Traders have estimated that some 700,000 to 900,000 barrels per day is set to leave the United States in February, with the majority of the cargoes headed to Asia. That volume would be the highest monthly level on record, according to the U.S.
More than 1,300 Migrants Rescued at Sea in One Day
More than 1,300 migrants were rescued in 13 separate missions in the Mediterranean on Friday, bringing the total helped over the last three days to more than 2,600, the coast guard said.
Keppel to Deliver First FPSO of 2017
Keppel Offshore & Marine subsidiary Keppel Shipyard Ltd is on track to deliver a floating production storage and offloading (FPSO) vessel to Yinson Production (West Africa) Pte Ltd (Yinson)…
China’s Fuel Exports and Crude Imports End 2016 with a Bang
China’s product exports in December eclipsed yet another record set in November, up by 23.8 percent y-o-y and 10.3 percent m-o-m to hit 1.27 mmb/d. The surge in exports can be attributed to Chinese refiners’ attempts to fully utilize their leftover export quotas for the year, as well as destocking ahead of the nation-wide switch to China V emission standards. The boost in Chinese crude throughput was also a contributing factor…
Viking XPRS Returns to Helsinki-Tallinn Route
Finnish ferry company Viking Line continues to modernise its vessels. The M/S Viking XPRS, which has just undergone dry-docking, has been back sailing its usual Helsinki–Tallinn route starting on February 1. Passengers on the renovated vessel can now look forward to even more enjoyable restaurant and café experiences as well as improved shopping options. During its weeks of dry-docking, the vessel’s restaurant facilities in particular underwent major changes.
Sino-Australian Seaborne Trade
In recent decades, trade between the Australia and China have made an increasingly significant contribution to growth in global seaborne trade, and the signing of the China-Australia Free Trade Agreement in 2015 is driving further co-operation, says a report by Clarkson Research Services. But just how important has the impact of trade between these two countries been? Between 2006 and 2016, Chinese imports from Australia grew by a CAGR of 17% p.a. to reach an estimated 792mt in 2016.
DNV GL, MPA to Research Autonomous Shipping Systems
A memorandum of understanding (MOU) to promote research and development (R&D) and innovation in the maritime industry was renewed between DNV GL and the Maritime and Port Authority of Singapore (MPA). Given the growing need to create safer and more efficient solutions for the maritime industry, this renewed MOU will have an expanded scope to include the R&D of intelligent shipping systems. • Intelligent shipping systems such as autonomous vessels and drones for maritime purposes…
Kenya's University to host Africa Maritime Technology Cooperation Centre
International Maritime Organization (IMO) has announced that Jomo Kenyatta University of Agriculture and Technology (JKUAT), Kenya, has been selected to host the regional Maritime Technology Cooperation Centre (MTCC) for the Africa region, under an ambitious project, funded by the European Union (EU) and implemented by IMO, to help mitigate the harmful effects of climate change. Under the Global MTTC Network (GMN) project…
Hyundai Heavy Produces 5,000th Propeller
Hyundai Heavy Industries (HHI) has announced that it held the production ceremony of the 5,000th propeller at its Ulsan factory. The 5,000th propeller measuring 10.6 meters in diameter and 77 tons in weight is scheduled to be installed on a 300,000 DWT VLCC ordered from Athens-based Thenamaris by the end of this month. HHI is not just the only Korean propeller manufacturer capable of churning out large-sized ship propellers heavier than 40 tons…
97 German Ships Beached in South Asia in 2016
It may seem a big surprise for a country whose industry is proud of green technology and engineering solutions, but Germany is responsible for the worst shipbreaking practices among all shipping nations when one compares the size of its fleet to the number of ships broken irresponsibly, says the NGO Shipbreaking Platform. In 2016 German owners, banks and ship funds had 97 ships rammed up on the beaches of South Asia out of a total of 99 vessels sold for demolition…