Diana Shipping Wins TC Contract from Ausca
Diana Shipping , a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Ausca Shipping Limited, Hong Kong, for one of its Panamax dry bulk vessels, the m/v Dione. The gross charter rate is US$10,350 per day, minus a 5% commission paid to third parties, for a period of minimum 14 months to about 17 months. The charter is expected to commence on January 23, 2018.
Hybrid Patrol Boat Launched at Port of Rotterdam
A new hybrid patrol vessel has entered into service last week at the Port of Rotterdam. The new 25-meter vessel, the RPA 8, can run on both diesel and diesel-electric, and causes less vessel wake and is much more efficient than other Port Authority vessels. RPA 8 was built by Kooiman Group in Zwijndrecht to replace the RPA 3, which had reached the end of its technical and economic service life. RPA 8 uses considerably less fuel…
Diana Containerships Sells Two Post-Panamax Container Vessels
Greece-based global shipping company Diana Containerships announced that it has entered into an agreement to sell the m/v March and the m/v Great, each a 2004 built containership, for an aggregate price of US$22.0 million to an unaffiliated third party. The Company expects the Vessels to be delivered to the buyer at the latest by March 30, 2018. The unaffiliated purchaser of the Vessels is the same…
DP World, India’s NIIF to Create USD 3 bln Investment Platform
The National Investment and Infrastructure Fund (NIIF), India’s first sovereign wealth fund, and Dubai-based ports operator DP World have announced the creation of an investment platform to invest up to $3 billion in ports, terminals, transportation and logistics businesses in India. The partnership follows the Memorandum of Understanding (MoU) signed in May 2017 and the visit to India of His Highness Sheikh Mohammed bin Zayed Al Nahyan…
Regional Route Sharing Introduced in Baltic Sea
Maritime digitalization carried out in the European project EfficienSea2 has enabled effective route sharing between different VTS systems in the Baltic Sea. It has the potential to drastically cut the reporting effort for the ship’s crew, while offering authorities a better ability to ensure safe traffic at sea. The days may soon be over when mariners have to pick up a radio to take on the cumbersome…
All-Women Crew Circumnavigating the Globe
Indian vessel INSV Tarini entered Port Stanley, (Falkland islands on January 22, 2018 during it’s maiden voyage to circumnavigate the globe. This is the first-ever Indian circumnavigation of the globe by an all-women crew. The vessel is skippered by Lieutenant Commander Vartika Joshi, and the crew comprises Lieutenant Commanders Pratibha Jamwal, P Swathi, and Lieutenants S Vijaya Devi, B Aishwarya and Payal Gupta.
Call for Carriage Ban on Non-Compliant Fuel
A group of leading environmental and maritime shipping organizations have called for the prohibition of transporting non-compliant marine fuels once the global 0.5 percent sulfur cap takes effect in 2020. The United Nation's International Maritime Organization (IMO) has agreed that from 1st January 2020 the maximum permitted sulphur content of marine fuel (outside Emission Control Areas) will reduce from 3.5% to 0.5%.
PPA Presents Proposals for Piraeus Port Master Plan
The Piraeus Port Authority (PPA) has presented its proposals for the master plan for the development of Greece's largest port of Piraeus under “Master Plan of the Port of Piraeus". The compilation of the Master Plan for the development and operation of the Piraeus Port was made according to: (i) all the Laws and regulations of general implementation, together with all the existing applicable regulatory rules…
Transas Conference to Plot Industry’s New Course
Moving from smart talk to practical solutions and learning from other industries will be the twin themes of an industry event scheduled for Vancouver in March. Technology will be an enabler, but the maritime industry will have to be prepared to change its model to be a candidate for a smarter digital future. Meeting the real enterprise challenges blocking shipping’s digital journey is the focus for the Transas Global Conference 2018…
Armenia Joins the IMO
The Republic of Armenia has become the latest member of the International Maritime Organization (IMO), following the deposit of an instrument of acceptance of the Convention on the International Maritime Organization with the Secretary-General of the United Nations on January 19, 2018. With Armenia’s acceptance of the convention, the number of IMO member states stands at 173, with a further three associate members.
Date Set for Fifth Iridium NEXT Launch
Iridium Communications Inc. announced that the fifth Iridium NEXT launch has been targeted by SpaceX for March 18, 2018 at 8:19 a.m. PDT from Vandenberg Air Force Base in California.
Coast Guard Cutter Elm Heads to Baltimore for Overhaul
The 20-year-old U.S. Coast Guard Cutter Elm is scheduled to make its way to the Coast Guard Yard in Baltimore this month for a planned major dry dock overhaul. The cutter’s departure from Atlantic Beach, N.C. will mark its last from its current homeport. After the overhaul work is completed, the Elm will report to a new homeport in Astoria, Oregon. Coast Guard Cutter Maple, which is presently undergoing a midlife overhaul of its own, will replace the Elm in Atlantic Beach this April.
Cooperation is the Key to Ferry Industry's Future
Interferry CEO Mike Corrigan explains how the trade association’s ‘stronger together’ mission is helping to shape outcomes on the pressing issues of safety, security and the environment. Last April, I took the helm of Interferry after 14 years in leadership positions with Canada’s BC Ferries – the last five as president and CEO. The past ten months in my new role have reinforced a core conviction forged during my previous experience in the industry.
Tech File: Propelling Hybrid Electric Solutions
Growing interest in hybrid-electric power systems is expanding the search for new propulsion and energy-storage systems in the workboat sector, where compliance with emerging environmental regulations and a relentless pursuit of operational efficiency are driving change. To meet demands for cleaner more efficient power, owners are examining the potential for less conventional methods of energy generation and storage – such as fuel cells…
Ten Institutes Join the Nereus Program
Ten new research institutes from Europe, North America and Australia have joined the Nereus Program research partnership, bringing the total to 17. Launched in September 2011, the program is an international collaboration between The Nippon Foundation and the University of British Columbia with the aim to make comprehensive forecasts of the ocean’s future, the program has grown into one of the world’s largest research initiatives in its field.
New Tug Named for KT-Maritime Services
A naming ceremony was held for RT Raven in Sharjah, UAE, where the new tug was built at the Albwardy Damen yard. RT Raven is managed by KT-Maritime Services Australia, owned by the KOTUG group, and will be deployed by ConocoPhillips in the Bayu Undan field, north of Australia. The ART 100-46 class Rotor tug is designed by Robert Allan Ltd and DAMEN Hardinxveld. The RT Raven will provide offshore services…
Sabine Pass LNG Plant Suffers Outage
Production at Cheniere Energy's Sabine Pass liquefied natural gas (LNG) export plant in Louisiana is running well below capacity, resulting in disruption to cargo loadings, trade sources said. Feed gas supply into the liquefaction plant plunged sharply during the weekend, data on the Thomson Reuters Eikon terminal showed. Flows fell to 630 million cubic feet/day on Jan. 19 from 3.2 billion cubic feet/day on Jan. 15.
Unpaid Seafarers Stranded in Durban
A group of seafarers are stuck in the port of Durban, South Africa after their vessel was detained for non-payment of wages. The multinational crew working aboard tug/supply ship PSD2 had not been paid for as long as 15 months and were in need of food and fresh water. Two crew members were also in need of immediate medical attention while all of them desperately needed money to send home to their families.
'K' Line takes Delivery of 14,000-TEU Containership
Kawasaki Kisen Kaisha, Ltd., Tokyo, (“K” Line) has taken delivery a new 14,000-TEU containership, Milano Bridge, built at Hiroshima Shipyard of Imabari Shipbuilding Co., Ltd, Japan and handed over on January 18, 2018. This new ultra-large containership (ULCS) is the same as a series delivered in 2015 and is the first ship of the second generation. Milano Bridge will be deployed on the Asia-Mediterranean service (MED2) under THE-Alliance.
National Maritime Center Closed Due to Gov't Shutdown
The National Maritime Center (NMC) issued a notice stating it is closed due to the government shutdown. The NMC said it is authorized to maintain a small cadre of…