Total Lubmarine Launches New Engine Coolant
Marine lubricants and greases supplier Total Lubmarine has introduced its new WT SUPRA Coolant, an environmentally friendly inhibitor concentrate featuring the manufacturer's patented carboxylate technology.The new coolant, Total Lubmarine says, delivers extended service life and superior corrosion protection, providing a path to reduce operating costs, increase reliability, mitigate engine risks and…
Capesize Index Turns Negative for the First Time Ever
Capesize index plummets to -133, the first time ever in negative territory – is it all up from here?The Baltic Exchange Capesize Index (BCI) dropped to -133 index points on February 4, 2020, turning negative for the first time ever on January 31, 2020. The composite BDI index (BDI), which has excluded the more stable handysize segment since March 2018, also dropped on February 4, 2020 to settle at 453 index points.The BCI has been on a freefall through the entirety of December…
Can 3D Printing Revolutionize Spare Parts Procurement?
Online e-procurement portal for marine spares and equipment ShipParts.com is taking part in a project to investigate how additive manufacturing, more commonly known as 3D printing, could revolutionize the way in which spare parts are procured and delivered.ShipParts.com has been operating for some five years, and has built up a client base of more than 1,800+ buyers and around 17,000+ sellers actively trading on the platform.
MarTID 2020: A Call to Action
The 2020 Maritime Training Insights Database (MarTID) survey has just been launched. The industry needs you to take 20 minutes to complete the survey at www.MarTID.org before it closes. Your contribution will enable the creation of 2020’s comprehensive, freely distributed, global maritime training practices report that members of our industry rely on more heavily each year.Take the SurveyVessel Operator…
VesselsValue Warning on Tanker Market
According to VesselsValue, the recent events have resulted in an increasingly pessimistic short term outlook for the Tanker market, after a positive autumn and winter."In short…
KN to Operate LNG Terminal in Brazil
Lithuanian company AB Klaipedos Nafta (KN) has been appointed as the operator of a liquefied natural gas (LNG) terminal in the Brazilian Port of Açu.To execute the contract…
Qatargas Delivers LNG Cargo to Indian Terminal
Doha-based liquefied natural gas (LNG) producer Qatargas has supplied a commissioning LNG cargo for India's newest LNG receiving terminal, Mundra.The cargo was loaded…
Meyer Turku, Aalto University Sign Pact
Finland's Aalto University and the compatriot shipbuilding company Meyer Turku have signed an agreement that will strengthen and develop multidisciplinary research…
Georgian Port of Poti Mulls New Project
The international container terminal operating APM Terminals said that its port of Poti has presented its plans for the creation of a deep-water port to the Government…
Japan Takes Shipbuilding Dispute to WTO
The Japanese government has filed a new petition with the World Trade Organization (WTO) against South Korea concerning alleged aid provided by the Korean government…
Kongsberg Sells Subsidiary Hydroid to HII
Kongsberg Maritime AS has signed an agreement to sell its underwater technology subsidiary company Hydroid, Inc. for $350 million to shipbuilder Huntington Ingalls Industries (HII).
Langh Tech's Scrubbers for Four Gas Tankers
Finnish scrubber manufacturer Langh Tech has delivered its exhaust gas scrubber systems to semi-refrigerated gas tankers managed by the Danish shipping company Ultragas ApS.The cooperation between Langh Tech and Ultragas started in summer 2018 and the deal includes the components for the scrubber system, commissioning, crew training and classification for four identical sister gas tanker vessels.The…
LNG Tanker Diverted from China in Sign of Weaker Demand
A liquefied natural gas (LNG) tanker that had been heading to China has been diverted, data intelligence firm Kpler and two industry sources said on Tuesday, probably due to lower demand for the fuel as businesses are hit by the coronavirus outbreak.The Tangguh Foja tanker loaded a cargo at the Tangguh LNG plant in Indonesia last month and had been heading to China's Rudong terminal in Jiangsu province, Refinitiv shipping data shows.It was diverted towards the South China Sea on Jan.
Vessel Safety: US House Subcommittee Seeks Faster Implementation
In November the U.S. House of Representatives’ Transportation & Infrastructure Committee, Coast Guard and Maritime Transportation Subcommittee held a hearing on “Commercial and Passenger Vessel Safety: Challenges and Opportunities.” Testimony covered a range of issues, from recent tragedies such as the Conception dive-boat disaster to antiquated maritime laws.Hearing witness list:Rear Admiral Richard V.
Baltic Index Down on Virus Fears
The Baltic Exchange's main sea freight index dropped for the 13th consecutive session on Tuesday as waning demand across vessels and the coronavirus outbreak dampened sentiment.The Baltic index, which tracks rates for capesize, panamax and supramax vessels to ferry dry bulk commodities, fell 13 points, or 2.8%, to 453.The capesize index decreased 31 points to a negative 133, a fresh all-time low.Average daily earnings for capesizes…
Loggers, Food Exporters Impacted From China's Virus
The economic impact of China's coronavirus lockdown is being felt across the globe, with exporters, miners and manufacturers of everything from coal and timber to meat and fruit facing delays and potential shipment cancellations.As the most populous nation and factory floor for most of the world's manufactured goods, China is normally the largest and most voracious consumer of a slew of global raw materials…
CSL Launches Passenger/Cargo Ship for Andaman
Cochin Shipyard Ltd, the largest shipbuilding and maintenance facility in India, launched passenger/cargo ship for Andaman & Nicobar (A&N) Administration.The vessel…
Zamakona Launches Siuana Arctica
Spanish shipbuilding and ship repair company Zamakona Yards reached a new milestone with the launching of the first of two new 69-meter reefer vessels to be built…
Friendland Joins Meriaura Fleet
Finnish shipping company Meriaura, part of Meriaura Group, announced that general cargo ship M/V Friendland (DWCC 4450 t) has joined its fleet.Friendland (built…
Vopak Finalises Sale of Algeciras Oil Terminal
Dutch multinational company Royal Vopak has recently completed the previously announced divestment of its oil terminal in Algeciras to First State Investments.This…
