U.S. Warship Challenges Beijing in South China Sea
A U.S. Navy warship sailed within 12 nautical miles of an artificial island built up by China in the South China Sea, U.S. officials said on Wednesday, the first such challenge to Beijing in the strategic waterway since U.S. President Donald Trump took office. The officials, speaking on condition of anonymity, said the USS Dewey traveled close to the Mischief Reef in the Spratly Islands, among a string of islets, reefs and shoals over which China has territorial disputes with its neighbors.
U.S. Freight Recovery Spurs Diesel Demand
U.S. freight movements have started increasing again, which should help boost consumption of distillate fuel oil in 2017 and 2018. The tonnage of freight moved by road, rail, barge, pipeline and air cargo has been increasing year on year since October, after stagnating for much of 2015/16 (http://tmsnrt.rs/2qSDLAJ). Freight movements hit a new record in February, before slipping slightly in March, according to the U.S. Bureau of Transportation Statistics (http://tmsnrt.rs/2rTVx58).
Patrol Boats Delivered to the Vietnam Coast Guard
Six new military patrol boats built by Louisiana-based shipbuilder Metal Shark have been delivered to the Vietnam Coast Guard. The welded-aluminum Metal Shark 45-foot Defiant pilothouse patrol vessels were provided to Vietnam by the United States in a move that underscores the increased security cooperation between the two nations. The vessels were officially handed over by U.S. Ambassador Ted Osius to the Vietnam Coast Guard on Monday in the province of Quang Nam.
Sembcorp, Coldharbour Sign BWTS Deal
Coldharbour Marine, developer of an in-tank, in-voyage and inert gas-based ballast water treatment system for large tankers, bulkers and LNG vessels, has signed an agreement with Sembcorp Marine that will see the latter offer the Coldharbour GLD BWT as part of the Sembcorp Marine Green Technology Retrofit (GTR) solutions for ship owners. The GTR solutions provide carefully evaluated ballast water treatment…
ABB Opens Two-stage Turbocharging to a Wider Market
ABB Turbocharging will launch in mid-2017 a new frame size for its two-stage turbocharging solution, Power2 800-M, extending the benefits of high pressure ratios, increased turbocharging efficiency and fuel savings to a wider scope of medium-speed engine configurations, the manufacturer said. The new frame size, Power2 845-M, applicable to an increased range of ship propulsion solutions, will open up the efficiency and operational benefits to a greater spectrum of vessel types…
Baltic Index Falls to Lowest Since Early March
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, on Thursday fell to its lowest since early March as demand slowed across all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 16 points, or 1.71 percent, at 918 points. The capesize index lost 59 points, or 3.57 percent, at 1,595 points.
Southern Illinois Transfer Orders Harbor Tug
Barbour JB Shipyard of St. Louis has laid the keel for a new harbor tug that will be powered by Veth Z-drives. The purchase agreement was signed at the Inland Marine Expo, St. Louis, by Kurt Johnson, Southern Illinois Transfer president and owner of the vessel; Guido Davids, Veth Propulsion area sales manager; and Tim Batten, Twin Disc director of global marine sales. Twin Disc is the distributor for Veth Propulsion in the US, exclusive of the Gulf Coast region.
Urals Oil Exports From Baltic Ports to Fall in June
Russia's June Urals crude exports from the Baltic Sea ports are expected to fall by 15 percent compared with May on a daily basis to 5.51 million tonnes, a preliminary loading plan seen by Reuters showed on Thursday. Crude loadings from the port of Primorsk were set to fall by 30 percent to 2.71 million tonnes due to planned works on Baltic pipeline system. Supplies from the neighbouring Ust-Luga port are set at 2.8 million tonnes, up 100,000 tonnes from the May loading plan.
Gondan Delivers Dual Fuel Tug
After completing its sea trials program, DUX, the first dual fuel tug ever built in Europe, was delivered yesterday to its owner, the Norwegian company Østensjø Rederi A/S. This vessel is the first tugboat of a series of three. Designed by the Canadian company Robert Allan Ltd., the new escort tug, with 40.2 meters length and 16 meters beam, will provide tug services to Norwegian state-owned energy company Statoil, at the far-north terminal located at Melkøya under severe weather conditions.
Gulf Petrochem Sets Up Russian & Baltic Trading Desk
Gulf Petrochem Group (GP) has further strengthened its European bunkering division by establishing a Russian and Baltic trading desk within the Rotterdam office. Boris Kuftyrev has been appointed to manage this desk overseen by Chris Todd in Europe’s largest bunkering port, Rotterdam. Kuftyrev has in-depth knowledge and experience having previously held the position of head of sales at Gazpromneft Marine Bunker ltd.
California Pushes Ahead on Ballast Water Compliance
We are quickly approaching September 8, 2017, the date when the International Ballast Water Convention will enter into force requiring ships to manage their ballast water using methods to remove or render harmless organisms contained within their ballast water. This is in an effort to halt the spread of invasive species that have crippled many local ecosystems, both monetarily and environmentally, in some cases causing irreparable damage. In the U.S., the regulations are already in place.
MARAD Funding Available for Small Shipyards
The U.S. Maritime Administration (MARAD) has made available nearly $10 million in grant funding for improvements to small shipyards. There is currently $9.8 million available under the Small Shipyard Grant Program for capital and related improvements to qualified shipyard facilities that will be effective in fostering efficiency, competitive operations and quality ship construction, repair and reconfiguration, MARAD said.
Navios Partners Buys Five Rickmers Containerships
Owner and operator of dry bulk and container vessels Navios Maritime Partners L.P. said it has acquired five containerships from Rickmers Maritime Trust Pte for $59 million.
Iridium’s Second NEXT Launch Pushed Forward
Iridium Communications announced the second launch for the Iridium NEXT satellite constellation has been moved earlier, and is now targeted for June 25, 2017 at 1:24:59 p.m.
Signs of Recovery Seen in Asian MR Market
A new lease of life has been breathed into the ailing Medium Range (MR) tanker market in Asia. The MR market has been mired in a slump in recent months, with TC11 rates sinking to a multi-year low of $240,000 in April on the back of lower product exports from China and South Korea. The lumpsum rate for TC11 has since rebounded by $50,000 to $290,000 due an influx of activity in North Asia. Overall Chinese product exports touched a three-month low at 3.5 mmt in April…
Speedcast, COMSAT Partner in Maritime Market
Speedcast International Limited provider of fully managed, remote communication and IT solutions, announced it has signed an agreement with government satellite…
Glosten Debuts New Harbor Tug Design
Seattle-based marine consultancy Glosten has unveiled the HT-67: a new 67' ASD (Z-Drive) harbor tug designed for versatility of service on inland and near coastal waters. Outfitted with a tow winch and pin box/stern roller assembly, this tug can tow astern as efficiently as a conventionally shafted tug of equal horsepower, and handle barges unassisted on arrival and departure. The Glosten HT-67 was developed with input from experienced towboat operators, noted Capt.