CMB Targets Zero CO2 Emissions by 2050
Belgium-based shipping group Compagnie Maritime Belge (CMB) announced it will invest in new technologies that will enable it to operate a zero carbon fleet by 2050.The 125-year-old firm, which operates a fleet of bulk carriers, containerships and chemical carriers, said it has already begun offsetting its CO2 emissions to have net zero CO2 emissions from 2020 by supporting certified climate projectsā¦
Damen Unveils New OSV Design
Dutch shipbuilding conglomerate Damen has developed a new concept vessel, the Offshore Support Vessel (OSV) 9020, featuring a stable platform with lots of accommodation, good station-keeping capability, low carbon emissions and flexibility to add mission-specific tools.āWe were approached by several different operators at the same time, all looking for slightly different offshore capabilities, but similar enough that their requirements could be met with a conceptual standard platformā¦
Red and White and Green All Over
INSIGHTS: Thomas C. Escher, Chairman, Red and White FleetIn 1960, Tom Escher, the grandson of the founder and now the current owner, started working as a sweeper and a mechanics helper on the Red and White vessels. In 1997, Escher purchased the Red and White Fleet, becoming the third generation of the family to own and operate the business. In September 2018, Red and White Fleet welcomed Enhydra, the newest and largest addition to the fleet.
Three Missing After Tug Collision
The U.S. Coast Guard and local agencies are searching for three crew members missing following a collision between two towing vessels on the Mississippi River at mile marker 123ā¦
Sanlin Shipyard Delivers ASD Tug to Tianjin Port
Sanlin Shipyard of Shanghai Harbour Fuxing Shipping Service Company delivered ASD 35/50 Tug Jin Gang Lun 34 to Tianjin Port.She joins the Portās tugboat fleet andā¦
Tallink to Repair Silja Europa at Turku Yard
Estonian shipping company Tallink Grupp said that its vessel Silja Europa has set sail to Turku Repair Yard in Naantali, Finland for scheduled maintenance and plannedā¦
UHL Takes-over Nine F900 Vessels
The German shipping company United Heavy Lift (UHL) Hamburg has taken over a modern Heavy Lift fleet of nine eco-friendly F900 newbuildings.The vessels each have a cargo capacity of 14ā¦
IOOC Launches First PIMS
Iranian Offshore Oil Company (IOOC), a subsidiary of the National Iranian Oil Company, has successfully launched its first offshore pipeline integrity managementā¦
Exmar Secures FLNG, VLGC Financing
Belgium-headquartered manager of specialized floating assets Exmar said that China Export Credit Insurance Corporation (Sinosure) approved the release of $40 millionā¦
Gasum Performs 200th LNG Bunkering Operation
The Nordic energy company Gasum said its LNG bunkering vessel Coralius has successfully performed its 200th ship-to-ship LNG bunkering operation.The vessel receivingā¦
Vietnam Begins 48 MW Wind Farm Construction
Climate Fund Managers (CFM), the manager of the Climate Investor One facility (CI1), have announced that construction has begun of its 48MW near-shore wind farmā¦
Alfa Laval Joins 'Getting to Zero Coalition'
Sweden's Alfa Laval has joined the Getting to Zero Coalition, a coordinated effort to fight climate change by introducing zero-emission vessels by the year 2030.Alfaā¦
Hamburg Port Defends Service Losses
Germany's largest port, the Port of Hamburg not expecting reduction in container throughput caused by liner service changes announced by Ocean Alliance and Maersk.From Aprilā¦
Seaspan Adds to Fleet
Hong Kong-headquartered containership lessor Seaspan Corporation has closed its previously announced purchase of a fleet of six containerships.According to a pressā¦
Denmark Targets Gender Equality in Shipping
Danish shipping companies have signed a charter that obliges them to actively focus on gender equality, as part of country's new initiative aimed at increasing theā¦
Sanmar and Robert Allan: 200 Tugs and Counting
A ceremony at Sanmar's Altinova shipyard on January 11, 2020 celebrated the commissioning of the 200th tug built by Sanmar to a Robert Allan Ltd. design -- an achievememt reached in just over 25 years' time.The milestone tug, the BoÄaçay XXXVIII, is the latest evolution of the RAmparts 2400-SX design, incorporating the newly developed CAT Advanced Variable DriveTM (AVDTM) hydro-mechanical hybrid propulsion system.
Data Collection From Hazardous Areas
SKF has gained hazardous area approval for its QuickCollect sensor. The new approval allows the sensor to be used in places that would previously have required a āhot workā permit.The certification opens up applications in a range of sectors, including the petrochemicals, mining and marine industries. It also brings digitalization of data into hazardous areas, which up to now is a relative rarity.The sensor is certified to both the international IECEx and European ATEX standardsā¦
Coronavirus Places Shipping on High Alert
The Wuhan coronavirus outbreak has placed the shipping industry on high alert amid a rising death toll in China and reports that the fast-spreading illness is reaching new shores.The flu-like coronavirus, first identified in Wuhan, Hubei Province, China on December 31, has killed more than two dozen people in China and is believed to have infected more than 900 worldwide, according to several media reports.
Qatar Inks Deal with Fincantieri
Qatar's Ministry of Defense has signed an agreement with Italian shipbuilding group Fincantieri evaluate and study new technologies and capabilities, possibly leading to a future acquisition of new vessels in 2020.Fincantier said it signed a Memorandum of Understanding (MoU) with Barzan Holding, a company wholly owned by the Qatari Ministry of Defense and responsible for empowering the military capabilities of the national armed force in the stateā¦
Capesize Index Marks Biggest Weekly Loss in 21 Years
The Baltic Exchange's main sea freight index fell to an over three year low on Friday, with the capesize segment marking its biggest weekly loss since March 1999.The Baltic index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell 19 points, or 3.3%, to 557 ā lowest since April 2016.The index has lost more than 26% this week, registering its biggest weekly percentage loss in nearly a year.The capesize index fell 42 pointsā¦
