Kooiman, Group de Cloedt Deliver Trailer Suction Hopper Dredger
On June 30, 2018, a trailer suction hopper dredger DC Brugge was delivered to Scheepswerf Gebr. Kooiman B.V. in Zwijndrecht. DC Brugge is the result of close cooperation between Group de Cloedt and Kooiman Marine Group. With the DC Brugge, Group de Cloedt is updating its fleet of dredgers. The vessel, with a hopper volume of 2,450 m3, replaces the 43-year-old Interballast 1 (1,680 m3) and will be deployed in the granulate dredger fleet of Group De Cloedt.
Baltic Index Higher on Demand for Larger Vessels
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, inched up on Friday, helped by higher demand for capesize and panamax vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 10 points, or 0.6 percent, to 1,622 points, the highest since Dec. 14. The index was up for a second-consecutive week gaining 17.1 percent, its biggest weekly jump in four.
Mitsubishi Shipbuilding Holds Christening for Next-Gen LNG Carrier
Mitsubishi Shipbuilding held the christening ceremony for a next-generation LNG (liquefied natural gas) carrier under construction for a joint venture of Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK Line). The ship, named "Diamond Gas Rose", is the second "Sayaringo STaGE" type vessel, Mitsubishi Shipbuilding's newest carrier that achieves significant improvements in both LNG carrying…
Cavotec Supports Sustainable Development of China’s Cruise Sector
A battery-powered AMPMobile unit connects a ship to shore power at Shenzhen cruise terminal. As ports, shipping lines, and authorities in China strive to reduce emissions from shipping, our innovative shore power technologies are playing a key role in delivering substantive change. As highlighted in a recent Cruise Industry News report, China could ultimately be the world’s largest cruise market. The development of cruise berths at Chinese ports continues at a rapid pace.
Asian Refiners Rush to Secure Feedstock as Trade War Looms
U.S. tariffs on Chinese goods came into effect Friday; China retaliates, duty on U.S. crude possible. Asian oil refiners are racing to secure crude supplies in anticipation…
Japan's First LNG Bunkering Vessel to Launch in 2020
Kawasaki Kisen Kaisha, Chubu Electric Power, Toyota Tsusho, and Nippon Yusen KK said on Friday that their joint venture has placed an order for a liquefied natural…
KONGSBERG to Acquire Rolls-Royce Commercial Marine
Kongsberg Gruppen ASA (KONGSBERG) today entered into agreement with Rolls-Royce plc to acquire Rolls-Royce Commercial Marine, a world leading technology business within maritime operations.
Fischer Panda Equipment Powers ROV System
Fischer Panda UK has supplied a Panda 25i generator and Seafari Mini 170 watermaker for the latest ROV inspection and survey boat designed by Fareham-based BW SeaCat for Norwegian company Rov AS.
Faster Routes into US from Mexico
A new block (unitary) train service from APM Terminals Lazaro Cardenas in Mexico avoids congestion and delays at other ports to reach hinterland destinations in…
Birgit Sølling Olsen to Get IMO International Maritime Prize
Former Deputy Director General of the Danish Maritime Authority (DMA), Mrs. Birgit Sølling Olsen, is set to receive the 2017 International Maritime Prize. This was…
Manning Costs in Shipping Rises: Drewry
Cost growth returned to seafaring in 2018 and is projected to accelerate moderately on recovering vessel earnings and continued shortfall in officer numbers, according…
New Pilot Tenders ‘Dithmarschen’ and ‘Steinburg’ Named
The new pilot transfer tenders ‘Dithmarschen’ and ‘Steinburg’ were named in Brunsbüttel at the 3rd of July. Of a new type and identical design, these will be deployed…
ZIM Ranked First in Schedule Reliability
ZIM Integrated Shipping Services (ZIM) ranked first in schedule reliability on the Asia - US East Coast trade, said a press release from the company. According to…
Turi Fiorito to Become New EFIP Director
Turi Fiorito has been appointed as new Director of the European Federation of Inland Ports (EFIP). He will take up his function on 20 August, 2018. Turi Fiorito…
IMO Getting Audit-Ready
Auditing International Maritime Organization (IMO) Member States to assess how effectively they administer key IMO treaties is an important part of the Organization’s…
Harper Petersen Appoints New Managing Directors
Simon Aust, Managing Director of Hamburg-based shipbroker Harper Petersen, is leaving the company later this year. The management of Harper Petersen in Hamburg will…
Kumera AS acquires Helseth AS
Kumera AS signed an acquisition agreement with Helseth Invest AS. The agreement will integrate CP propeller manufacturer Helseth AS into Kumera AS marine gearbox operations.
S&P Upgrades Panama Canal's Outlook
Two years after the inauguration of the Expanded Panama Canal, Standard & Poor's (S&P) Global Ratings revised its outlook on the Panama Canal from ‘stable’ to ‘positive’…
Egypt Denies Suez Canal Seeks 300 mln Euro Loan
Egypt's government denied in a statement on Thursday that the Suez Canal Authority was seeking a 300 million euro loan from Gulf lenders. Three senior banking sources…
Fall from Grace: Batista Gets 30-Years for Corruption
Eike Batista, the former mining and oil magnate who was once Brazil's richest man, was convicted and sentenced to 30 years in prison for bribing Rio de Janeiro state's disgraced ex-governor, according
