Pioneer Marine Gets Tufton Oceanic Funds
Greece-based global shipping company specializing in the transportation of dry bulk commodities Pioneer Marine said that it has entered into a commercial management…
Stena Seeks India's Help to Release Ship
Stena Bulk chief executive and president Erik Hanell wrote to Indian prime minister Narendra Modi to personally enter the efforts to secure the release of UK-flagged…
GRSE Launches FPV for Indian Coast Guard
Kolkata-based defence shipyard Garden Reach Shipbuilders & Engineers (GRSE) launched the Fifth Fast Patrol Vessel (FPV) for the Indian Coast Guard at Raja Bagan Dockyard Unit of GRSE…
Green Group Asks Cosco to Avoid HFO in Arctic
Clean Arctic Alliance has sent its second letter to Cosco, in which the NGOs urge the Chinese liner company to make public what fuel types its vessels use in the…
Nansha Doubles Direct Sailings to Rotterdam
The deep-water port of Nansha in Guangzhou, a city of 15 million people in the vicinity of Hong Kong, has doubled the number of direct connections with North Europe and West Africa…
Oakland Port Sees Record Imports in July
The Port of Oakland, a container ship facility located in Oakland, California, in the San Francisco Bay, said that July was the busiest in the Port’s 92-year history for containerized import cargo.
Corvus Energy Gets Shell Ventures Investment
Canadian-Norwegian battery maker Corvus Energy announced that it has finalized an investment deal with Shell Ventures.The investment is a step towards Shell’s ambition…
ForSea Mercandia 4 to Become Freight-Only Ferry
Swedish ferry operator ForSea, the Helsingør-Helsingborg ferry service, has decided to convert Mercandia 4 from a passenger and freight vessel to a pure freight vessel."As a consequence…
DNV GL Launches OMA Services
The world’s largest resource of independent energy experts and certification body DNV GL launched a new service in The Operational Modal Analysis (OMA), also known as ambient modal identification…
UK Warship Sails for Gulf Mission
British warship HMS Kent set sail for the Gulf on Monday to join a U.S.-led mission protecting commercial shipping vessels in the region amid heightened political tension between the West and Iran.Britain has joined the United States in a maritime security mission in the Gulf to protect merchant vessels.That comes after Iran seized a British oil tanker in the Strait of Hormuz. On July 4 British marines seized an Iranian vessel…
Mitigating Maritime Risk
“The First Steps in Mitigating Contemporary Risks to our Strategic Sea Lines of Communication”It is indisputable that the world’s economy floats on seawater. It is equally indisputable that international maritime transportation is the tool that keeps the global economy moving. The world economy has surged over the last half century, and that growth has been largely driven by globalization and the consequent reduction in barriers to trade.
Port of Virginia Posts Record July Volumes
July is Second Busiest Month in Port of Virginia’s History.The Port of Virginia in July processed 265,559 TEUs (twenty-foot equivalent units) in July, making it the second busiest month in the port’s history.The strong cargo performance was driven by an increase of more than 4 percent in loaded import containers, and a jump of nearly 18 percent in export empty containers, which are being repositioned across the globe to handle peak season cargo.“We are continuing to set volume records.
Port of Los Angeles Reports Record July TEUs
Volumes Increase 9.4% Compared to Previous Year.For the fourth consecutive month, the Port of Los Angeles has set a new single-month cargo record. In July, the Port moved 912,154 Twenty-Foot Equivalent Units (TEUs), the busiest July in the Port’s 112-year history. “Container exchange per vessel reached 9,915 TEUs, the highest and most efficient level we’ve ever experienced,” said Port of Los Angeles Executive Director Gene Seroka.
Baltic Index Rises on Capesize, Panamax Rates
The Baltic Exchange's main sea freight index rose on Monday, supported by strong demand across capesize and panamax vessel segments.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose 26 points, or 1.5%, to 1,774 points, level last seen on August 5.The capesize index added 44 points, or 1.4%, to 3,266 points. Average daily earnings for capesizes, which typically transport 170…
Cargo Dips in July at Port of Long Beach
Tariffs continue to hamper trans-Pacific trade.Port of Long Beach cargo volumes last month were down from the previous July, when the number of containers moved through the harbor neared 700,000 twenty-foot equivalent units (TEUs).The July 2019 total, 621,780 TEUs, was 9.7% less than last year. Imports decreased 9.9% to 313,350 TEUs, and exports shrank 6.8% to 111,654 TEUs. Empties were 11% lower, at 196…
Thordon Video Makes TG100 Seal Installation a Breeze
Thordon Bearings has updated its TG100 seal installation requirements to facilitate cost-effective installation at all shipyards with the release of new instructional videos.
Global Trade Center Stage at Poland’s Maritime Conference
The biggest annual gathering of Poland’s maritime industry leaders, the Maritime Economy Forum Gdynia is unveiling its program.The day-long event, now in its 19th year, takes place on October 11 in Gdynia, featuring 30 speakers with 600 senior figures from Poland’s maritime sector and around the world expected to attend.Forum chairman Slawomir Kalicki said the conference will see a morning session examine some of the biggest issues facing the international maritime sector…
New Name for MMC Green Technology
MMC Green Technology AS will be renamed Norwegian Greentech AS.In connection with the sale of MMC First Process, it was agreed that MMC Green Technology would change its name.
HSFO, EGCS Better for Reducing Global GHG
Members of the Clean Shipping Alliance 2020 have welcomed a new addition to the canon of scientific literature relating to exhaust gas cleaning systems (EGCS), the latest of which indicates that continued use of residual fuels with a scrubber can help towards global CO2 reduction.In a study published in June by Norway’s SINTEF, one of Europe’s largest independent research organisations, Chief Scientist…
Damen Delivers Stan Tug to Caspian Offshore
Caspian Offshore Construction has recently taken delivery of a Damen Stan Tug 1606 ICE class in Kazakhstan. The company turned to Damen when a contract they secured required fast delivery of a small ice class vessel.Damen was able to have the vessel – named Caspian Flora – underway to the client just six weeks following contract signing.The vessel was built at Damen Shipyards Changde in China, to a design that has proven enormously successful, with over 80 sold in the last fifteen years alone.
