Smaller Bulkers Buoy Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday, supported by stronger rates for smaller vessel segments even as capesize rates weakened. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 14 points, or 1.09 percent, at 1,296 points. The capesize index lost 3 points, or 0.13 percent, at 2,249 points.
‘Natural Gas Operating Fleet’ Concept Receives AiP
Wärtsilä and COSCO shipping Heavy Industry Co (CHI) have announced the joint development of a natural gas operating fleet concept, and this design has now obtained Lloyd's Register's (LR) Approval in Principle (AiP) certificate. The development project was carried out under the terms of a memorandum of understanding cooperation signed in June 2016 between the three companies. According to the developers…
Wilson Sons to Build Tugs for Saam Smit
Wilson Sons Limited announces to its shareholders that the shipyard subsidiary Wilson Sons Estaleiros Ltda, has signed a contract to construct two azimuth tugboats for Saam Smit Towage do Brasil S.A. (Saam Smit), to be delivered within twenty months of payment of the first installment of each vessel. The vessels have a length of 24 meters and a beam of 11 meters with bollard pull of 70 metric tons.
Boskalis Orders Self-propelled Mega Cutter
Royal Boskalis Westminster N.V. said it has ordered a new self-propelled mega cutter from IHC Merwede in the Netherlands. The new dredger will be a sister vessel of the Helios, which will be taken into service for Boskalis later this year. The new vessel will have a total installed power of 23,700 kW, a pumping capacity of 15,600 kW and a maximum cutter capacity of 7,000 kW. The new cutters can dredge in extremely hard ground at depths ranging from 6 to 35 meters.
FPSO Newbuild Shipped to Rotterdam
The team of Vuyk Engineering Rotterdam BV has welcomed the semi-submersible heavy transport vessel Xin Guang Hua owned by Cosco Shipping to the port of Rotterdam, where she will unload the Western Isle FPSO. The vessel has been built by Guangzhou Shipyard International (GSI) in China and is currently the second-largest vessel in the market with a deadweight of 98,000 metric tons. The development of…
High-tech VTS System to Guide Iron Ore Giants
One of Australia’s most important economic gateways will soon house a state-of-the-art shipping management control system to be installed at Port Hedland, the world’s largest bulk export port. The system includes a command and control system integrated with advanced radar, long-range closed circuit TV and voice radio technology to safely manage and guide thousands of ship movements in and out of the tidally constrained port with pinpoint precision.
China's CMG in Talks for Advent's Brazil Port Stake
China Merchants Group Ltd is in advanced talks to buy Advent International Corp's 50 percent stake in TCP Terminal de Contêineres de Paranaguá SA, Brazil's second-busiest container port…
First Ocean Vessel of 2017 Arrives at Port of Indiana
The first ocean vessel of the year arrived at the Port of Indiana-Burns Harbor marking the official opening of the international shipping season. Port officials welcomed the 413-foot general cargo carrier BBC Mont Blanc and presented the captain with the Ports of Indiana Steel Stein. "The arrival of the first ocean ship of the new year is an exciting time not only for our port, but also for our port companies and numerous other regional businesses that rely on the cargoes these vessels carry…
Krill Expands Energy Monitoring Lineup
Krill Systems Inc. said it has completed its phase 2 product development cycle with the recently introduced Krill Regasification Monitoring Center (KRMC). Krill…
Your Ship Has Probably Been Cyber Attacked
You have either been hacked... or just didn’t know you have been hacked. I predict that the first catastrophic maritime cyber incident will not be the result of a direct attack on a safety critical specific piece of equipment. It will be the result of an infection on a random PC, perhaps an unassuming email to a crew member, whose PC is either connected to the vessels internal super highway or he transmits the infection internally whilst it lies dormant.
Digital Marine Comms: Helping to Protect Our Borders
The U.S. Customs and Border Protection (CBP) Air and Marine Operations (AMO) is responsible for security and facilitation operations at 328 ports of entry throughout the United States. Missions include the pursuit, boarding and searching of suspect vessels, seizing vessels and contraband, and arresting violators. It is a difficult and dangerous job. To that end, CBP recently selected SAFE Boats International to design and build a 41-foot Coastal Interceptor Vessel (CIV) that is up to the task.
Hybrid Electric Drives for USCG OPC Newbuilds
Leonardo DRS, Inc. has been awarded a contract by Eastern Shipbuilding to provide hybrid electric drive systems for the U.S. Coast Guard’s new fleet of Offshore Patrol Cutters.
USS Providence Returns Ahead of Schedule
Portsmouth Naval Shipyard delivered USS Providence (SSN 719) back to the Fleet 23 days ahead of schedule and on budget April 7. USS Providence arrived at Portsmouth Naval Shipyard December 4, 2015, for a Pre-Inactivation Restricted Availability (PIRA). The project team and ship's crew worked seamlessly throughout the maintenance availability to meet the Naval Sea Systems Command's mission priority of the on-time delivery of ships and submarines.
Liebherr Offshore Cranes Accessing New Markets
Liebherr’s maritime manufacturing plant in Rostock has been awarded the contract to supply the heavy-lift crane for the Orion, a new wind farm installation and platform decommissioning vessel ordered by DEME from COSCO (QiDong) Offshore, a subsidiary of COSCO Shipping Heavy Industry. The crane is rated at 3,000 metric tons at more than 50 meters, with a lifting height in excess of 170 meters and a designation of HLC (Heavy-Lift Crane) 295000. Delivery will be spring 2019.
Rotterdam’s Container Volume Grows by 8.8% in Q1
In the first quarter of 2017, 2.0% more goods passed through the Port of Rotterdam than in the same period last year. The growth in the container sector (8.8% by volume (TEU), 10.8% by weight) is particularly striking, says a press release from the company. Of the 11 different commodities, only mineral oil products and other liquid bulk showed a decrease. The total throughput volume increased to 119.3 million tonnes.
Essar to Develop LNG Terminal at Haldia
India's Essar Ports has won a contract to build the first liquefied natural gas (LNG) terminal in West Bengal under the Kolkata Port Trust (KoPT) at an investment of Rs 450 crore (USD 70 million). A Press Trust of India report said that the LNG project is expected to be commissioned in two years. The facility will come up at the Haldia port with a capacity to store one million tonne of the clean fuel.
Singapore Launches First LNG Truck Loading Facility
Singapore LNG Corporation Pte Ltd (SLNG) and Maritime and Port Authority of Singapore (MPA) jointly launched the nation’s first Liquefied Natural Gas (LNG) Truck Loading Facility during a ceremony held on 12 April 2017, at the SLNG Terminal. The launch, which was officiated by Chief Executive Officer of SLNG, Mr John Ng, and Chief Executive of MPA, Mr Andrew Tan, marks the readiness of the facility for operations.
MOL Okays Dividend and Share Split
MOL Shareholders in the Annual General Meeting have accepted the Board’s proposal for HUF 58 bn dividend payment, which was set to allow the Dividend Per Share (DPS) to grow by 10.2% to HUF 625 from last year’s HUF 567. This represents the continuation of the last years’ gradually increasing trend of the regular dividend payment. Shareholders also approved the proposal of the Board of Directors for an 8 for 1 stock split.
Warship Open Day in Cairns
The people of Cairns will have a rare opportunity to tour HMAS Parramatta comes alongside Trinity Wharf and opens its gangway to the public on Monday, 17 April, says a press release of Royal Australian Navy. One of the sailors who will be on board to show people around is former Cairns local, Able Seaman Boatswains Mate Thomas Ketchell. “I am extremely proud to be a member of ship’s company in HMAS…
ABS Research Establishes a Firm Foundation for Jackup Moves
ABS has issued the ABS Guidance Notes on Geotechnical Performance of Spudcan Foundations, encompassing the results from multiple targeted jackup research initiatives, says a press statement from the company. This document is the industry’s first guidance to present a thorough examination of jackup foundation issues, providing methodology for installation and operation and up-to-date geotechnical site assessment.