ESL Shipping Buys Alppilan from SEB Leasing
Finland-based shipping company ESL Shipping, part of the ASPO Group, has acquired bulk carrier Alppila from SEB Leasing.The acquisition was made in accordance with…
Novatek Wins Arctic Gas Field
Novatek said that its wholly-owned subsidiary Arctic LNG 1 has won an auction for a geological survey, exploration and production license for the subsoil area including…
22 Bulkers Added to Fleet in Q2: Belships
The dry bulk market for Supramax/Ultramax bulk carriers improved from the first to the second quarter 2019, said Norway-based Belships.Measured by the BSI-58 index…
LA Fleet Week Kicks Off
The City of Los Angeles welcomed more than 1,200 Sailors and Marines to the Los Angeles and San Pedro area for a week-long tribute to the sea services during the fourth annual Los Angeles Fleet Week Aug. 27-Sept. 2.Los Angeles Fleet Week offers the public an opportunity to tour Naval ships, engage with service members, and enjoy a variety of displays and events throughout the week. It also gives the…
Chemical Tanker Market to Recover
The recovery of the chemical tanker market continued into the second quarter as main drivers were strong US exports and healthy volume development throughout the quarter on main trades…
100% Uptime for FLNG Hilli Episeyo
Bermuda-registered liquefied natural gas (LNG) shipping company Golar LNG said that its floating LNG (FLNG) Hilli Episeyo continues to achieve 100% commercial uptime.
The Drive Behind Water-Cooled Motors
Peter Svartsjö at ABB discusses the benefits of water-cooled motors for marine applications that require megawatt levels of power, including space saving, increased energy efficiency and reduced maintenance needs.Electric motors run several main functions on marine vessels – from propulsion and thrusters to deck handling equipment such as winches, anchors and pumps. This makes them mission-critical for ship owners and operators…
Container Ship Deliveries Down in H1 2019
Container ship deliveries in H1 2019 reached a historically low level, while the newbuilding market was equally subdued, said MPC Container Ships ASA.Scrapping activity…
Singapore: Drill on Ferry Safety
The Maritime and Port Authority of Singapore (MPA) held a ferry emergency exercise (FEREX) at the Regional Ferry Terminal (RFT) at Harbourfront. The FEREX tests…
NYK Signs LNG Vessel Order for Total TC
Japanese shipping gaint Nippon Yusen Kabushiki Kaisha (NYK) has signed a new long-term contract with Total Gas & Power Chartering Limited (TGPCL), a subsidiary of Total…
MOL, Karpowership Announce KARMOL
Mitsui OSK Lines (MOL) and Turkish company Karadeniz Holding announced that MOL and Karpower International B.V. have agreed to jointly carry out the first LNG-to…
Navios Sells Ship Management Division
The Greek seaborne shipping and logistics company Navios Maritime Holdings sold its ship management division and certain general partnership interests to N Shipmanagement Acquisition Corp.
JMS Welcomes Sea Cadets
Japan Marine Science Inc. (JMS), an NYK Group company, welcomed about 20 students from the U.K., Canada, Hong Kong, and the U.S. taking part in the Japan Sea Cadet…
Maritime Security Workshop in Seychelles
Proper implementation of International Maritime Organization (IMO)'s maritime security measures is essential for trade.The Seychelles is the latest country to benefit…
McQuilling Mid-Year Tanker Market Outlook
McQuilling Services Announces the Release of the 2019 Mid-Year Tanker Market Outlook Update.The Mid-Year Tanker Market Outlook Update provides an outlook on the global tanker market in the context of global economic growth and oil fundamentals influencing tanker demand and vessel supply. The outlook includes a view on future asset values, time charter rates, market freight rates and TCE revenues for…
MN100: Elliott Bay Design Group
Named one of this year's MarineNews' prestigious MN100 firms, Elliott Bay Design Group (EBDG) in 2019 expanded to the East Coast by opening an office in New York and teamed with AMD Marine Consulting Designs to be their exclusive North American vessel design representative. EBDG delivers designs that are better to build and better to operate.The Company:EBDG is a full-service, employee-owned company with offices in Seattle, New Orleans, Ketchikan and New York.
New Technology for Safer Tank Cleaning
There have been a number of recent tragedies surrounding the cleaning of confined-spaces on board ships and despite there being very strict procedures, regulatory guidelines and instruction manuals in place regarding working in enclosed spaces, seafarers are still at risk of dying when cleaning out cargo tanks as enclosed spaces are frequently impossible to properly ventilate, their atmosphere difficult to measure…
Florida Braces for a Hit as Dorian Strengthens
Florida's governor on Friday urged residents in the state to stock up on at least a week's worth of food, water and medicine and to prepare to lose power and cellphone service for days after Hurricane Dorian makes landfall early next week.The slow march and rising intensity of the storm, which is moving in a northwestern direction to the Bahamas, has alarmed forecasters who worry parts of Florida will be walloped by strong winds…
Capesize Strength Propels Baltic Index to 9-Year High
The Baltic Exchange's main sea freight index climbed to a near nine-year peak on Friday propelled by robust capesize demand, with rates for all the vessel segments scaling multi-year highs.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose 101 points, or 4.4%, to 2,378, a peak since November 2010. The main index also posted a 27.3% monthly increase, extending its winning streak to a sixth month.The capesize index jumped 261 points…
MN100: Harbor Harvest's Shortsea, Environmentally Correct Shipping Arrives
The Captain Ben Moore is the third in a series of 65-foot aluminum catamarans built by Derecktor and powered by BAE Systems hybrid technology. The vessel was built for Harbor Harvest, a Norwalk, CT, based company set on changing the way fresh produce and foods are transported around metro areas. The forward-thinking vessel will carry goods from regional family farms across Long Island Sound, relieving traffic congestion and reducing emissions.
