CMA CGM Welcomes IMO Policy to Cut Carbon Emissions by 50% in 2050
A world leader in maritime transport CMA CGM reaffirmed its commitment towards the protection of the environment following the International Maritime Organization (IMO)’s historic decision aimed at reducing by 50% the industry’s CO2 emissions in 2050. "The CMA CGM Group welcomes the adoption, by member countries of the IMO, of a strategy aimed at reducing carbon emissions by 50% in 2050 in the maritime transport industry," said a press statement.
Shipbuilding: StealthGas Adds LPG Vessel
StealthGas announced the delivery of its last newbuilding LPG vessel and the completion of its newbuilding program. The vessel delivered yesterday (April 17, 2018) is a 22,000 cbm ice class semi refrigerated hybrid scrubber fitted eco LPG carrier, the Eco Freeze, the fourth and last 22,000 cbm semi refrigerated eco LPG newbuild. This acquisition concludes the Company’s expansion phase which commenced in 2011 and totaled the acquisition of 26 newbuilding LPG vessels.
Liodden Named OBR's Sustainability Director
Oslo Business Region (OBR) has engaged Birgit M. Liodden as Director for Sustainability, Ocean Industries and Communication, with effect of May 2018. Liodden will be responsible for OBR’s activities linked to Oslo as European Green Capital 2019, and implementation of sustainability focus throughout all activities. She will also be responsible for ocean industries – a new area for Oslo Business Region – representing vast opportunities onwards.
Scorpio Bulkers Refinances Ultramax Vessel
Monaco-based Scorpio Bulkers announced that the Company has entered into a financing transaction in respect of one of the Company’s Ultramax vessels with an unaffiliated third party in Japan. As part of the transaction, the Company will sell a 2015 Japanese built Ultramax dry bulk vessel, SBI Tango, for a consideration of $19.0 million and then lease it back from the buyer through a five-year bareboat charter agreement at a rate of $5,400 per day.
HullWiper Trial Program in Port Southampton
Trials are underway at Southampton as part of a pilot scheme to launch the eco-friendly HullWiper hull cleaning technology at the port. HullWiper is working to test the system on a range of vessels including cruise liners, Ro-Ro ships, container ships and general cargo carriers at the south coast port. Managing Director Simon Doran explains that the trials are to demonstrate the efficiency of the diver-and brush-free ROV to the harbour authority…
RMS St. Helena to Return as Anti-piracy Armory Vessel
The RMS St. Helena, Britain’s last working postal ship, was for nearly three decades the main source of contact between one of humanity’s remotest islands and the outside world.Now the ship, cherished by the 4,500 residents of British-ruled St. Helena, will start a new life as a floating armory, packed with automatic weapons, bullet-proof jackets and night vision goggles, all stored for maritime security operatives.Renamed the MNG Tahiti…
Rusal slashes export shipments as sanctions hit
Russian aluminum giant Rusal has stopped placing orders with two logistics firms that ship its exports, executives with the firms said on Tuesday, in a sign of deepening problems for the company after it was hit by U.S. sanctions.Rusal and its major shareholder Oleg Deripaska were included on a U.S. sanctions blacklist this month, leading to anxiety among many of its customers, suppliers and creditors…
Update: Ship Leaking Butane after Collision in Singapore
Singapore's Maritime and Port Authority (MPA) said it is investigating a collision between two tankers in Singapore waters on Tuesday that led to a leak of liquefied petroleum gas (LPG) from one of the ships.An estimated 1,796 tonnes of butane gas leaked from the LPG tanker involved but this posed no danger to shipping and measures had been taken by the ship's crew to stop the leak, MPA said in a statement."As liquefied butane has a high evaporation rate…
US Court Approves Seadrill's Bankruptcy Exit Plan
A U.S. judge said on Tuesday he would approve Seadrill Ltd's plan to exit its Chapter 11 bankruptcy, in which the global offshore oil and gas drilling company would shed billions of dollars of debt and raise $1 billion in new investment. U.S. Bankruptcy Judge David Jones in Houston overruled two minor objections to the reorganization plan during a 90-minute hearing. The plan extends maturities on more…
MPI Enterprise Fitted with Spudcans
MPI Offshore’s wind turbine installation vessel (WTIV) MPI Enterprise has recently been upgraded with spudcans. The spudcans, which were installed during a drydocking in Rotterdam, increase the load-bearing area when the vessel is jacked up. This, in turn, minimizes penetration of the vessel’s legs into the seabed when working offshore. MPI Enterprise is the newest addition to the company’s WTIV fleet.
Crowley Acquires Three SeaRiver Tankers
Crowley Alaska Tankers, LLC, has completed its acquisition of three tankers from SeaRiver Maritime Inc. and is now chartering the vessels back to SeaRiver under varying multi-year terms.The tankers Liberty Bay and Eagle Bay, now under Crowley ownership and operation and renamed Washington and California respectively, each have a capacity of 760,000 barrels and transport crude from Alaska to West Coast refineries.
German Shipbuilding: A Strong Vessel in a Heavy Sea
While orders for new vessels have continued to decline worldwide in 2017, the situation in the German and European shipbuilding market is different, with an increase of incoming orders. As shipping experts state: “…this is not a trend but a snapshot, but it indicates a high competitiveness of the German shipbuilding industry, particularly on technologically advanced projects.”The global mood barometer of the maritime industry had reached its lowest point in 2016.
Thorco Bulk Renamed
Danish dry bulk carrier Thorco Bulk announced today it has been renamed Trithorn Bulk with immediate effect. “This is a natural development for our company. We wish to further strengthen our corporate identity and position in the market by taking a name that truly expresses what the three of us, the trio from North of Denmark, has built together with Thornico,” Trithorn Bulk management explained on the company’s website.
Rusal Suspends Exports via Russia's Biggest Container Operator
Russia's largest freight container operator, TransContainer said on Tuesday Russian aluminium giant Rusal had suspended exports through TransContainer's system after Rusal was hit by U.S. sanctions "They (Rusal) do not know what to do yet, what is going on with them; that is why all transportation operations are suspended," TransContainer's chief executive Petr Baskakov told reporters in Moscow on Tuesday.According to his estimate…
Naval Group Supports Malaysian Navy E-learning
From April 16-19, 2018, Naval Group will participate to the sixteenth edition of DSA, the Defence Service Asia exhibition. On this occasion, Naval Group will sign a contract with DCI to assist the Royal Malaysian Navy (RMN) to implement a comprehensive E-learning system in order to train its naval forces all over the country.Naval Group and DCI put together their complementary expertise to provide e-learning solutions to the Royal Malaysian Navy.
Robot Cleans World’s Largest Crane Vessel
This March, a robot called Fleet Cleaner was deployed to clean both floaters of Heerema’s semi-submersible crane vessel Thialf in the Port of Rotterdam.The Fleet Cleaner is equipped with a magnetic system that allows it to attach to vessels for cleaning above and below the waterline. The robot captures all removed fouling so that the water environment is not affected by the cleaning operation. Waste is collected…
In 2014, Bouchard Transportation Co. announces plans to construct two 6,000-hp ATBs: Morton S. Bouchard, Jr. (pictured) and the M/V Frederick Bouchard, which would then enter service in 2016. That same year, the 4,000-hp tug Denise Bouchard enters service. The July 2018 edition of Maritime Reporter & Engineering News will feature a special “Bouchard Transportation Co. Celebrates 100 Years” magazine. For more information contact: Greg Trauthwein, email@example.com, t. 516-810-7405.
Taking Lessons from El Faro to Assess Cyber Risk
The International Maritime Organization (IMO) January 2021 deadline for ship owners and managers to incorporate cyber risk management into existing Safety Management Systems is closer than many realize, especially given the complex profile that the risk presents and the need for a well-detailed procedure to help protect marine assets and businesses. The failure to properly address cyber risks is much…
DNV GL White Paper Assesses Alternative Fuels
Classification society DNV GL has issued a new white paper which assesses a range of alternative fuels and technologies. The white paper “Alternative fuels and technologies for greener shipping” examines the price, availability, regulatory challenges and environmental benefits of alternative fuels and technologies, including LNG, LPG, hydrogen, fuel cells, and hybrid and battery technologies, and comparing them to the use of conventional fuel with scrubbers and new low sulphur alternatives.
Sener's FORAN Scores in Boxship Design
SENER said that two container ships designed by the Chinese company CIMC ORIC – that are part of a series designed with SENER’s FORAN System – are in operation. BG Diamond and BG Jade that have been launched and are operating in the Pacific Ocean. The vessels were built in Chinese Changhong International Shipyard. The floating ceremony of the first one, BG Diamond, took place in July 2017. The series include 4+4 vessels in total, so there are still six vessels under construction.