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Libya Acquires New Tankers

Libya Wednesday took delivery of three new oil tankers at its port hosting the Refining Company in Zaouia, as part of ceremonies marking the 37th anniversary of the country`s September 1969 Revolution. Baghdadi Mahmoudi, Secretary of the Libyan People`s General Committee took delivery of the three tankers - Ibn Batouta, Gardhabia and Intissar - new additions to the Libyan Maritime Transport Company`s fleet. The tankers built in South Korea by Samaho Hundai, one of the largest ship builders in the world, under supervision by Lloyd`s of Britain, cost US$165 million each, according to industry sources. They are equipped to carry three types of crude oil, and each could unload 3,000 cubic metres of crude per hour. The tankers were purchased by the Libyan Maritime Transport Company to meet the needs of the National Oil Corporation (NOC), in pursuance of local and international standards, and for operation in all ports. They will sail between several Mediterranean ports and in northern Europe, under a long-term deal of specifications signed with NOC. Source: Angola Pres


Rolls-Royce to Supply Propulsion for Battery-Powered Ferry

Photo: Rolls-Royce

Rolls-Royce has signed a contract for the delivery of its Azipull propulsion and control system for the "ferry of the future," a new vessel which will operate on battery power alone.   The vessel is being built at the Fjellstrand yard in Norway, and once in service will be operated by Norwegian transport company Norled between Lavik and Oppedal. In 2010, the Norwegian Ministry of Transport announced a tender to develop a new ferry that was 15-20% more energy


Speedcast Secures Deal with AMPTC

speedcast logo.jpg

SpeedCast International Limited announced that it has been awarded a multiyear contract from Arab Maritime Petroleum Transport Company (AMPTC), a provider of maritime transport services of hydrocarbon substances in the Middle East region.  SpeedCast will provide satellite network connectivity for AMPTC’s entire fleet of vessels. SpeedCast will provide each AMPTC vessel with end-to-end VSAT services that enable corporate networking, Internet access, voice communications


Nakilat H1 Profit Up 10 pct

Photo: Qatar Gas Transport Co Ltd (Nakilat)

 Qatar Gas Transport Co (Nakilat), one of the world's largest shippers of liquefied natural gas, has registered a half yearly net profit of $135 million (QR490.2mn), up 10% on the same period last year.   The healthy financial results reflect “Nakilat’s strategic development, the success of its joint ventures, and the company’s resilience in the challenging economic climate”, the company announced.  


MOL Transports Wheelchairs for Paraguayan Children

Paraguayan Ambassador to Japan Naoyuki Toyotoshi (left) presents MOL President Koichi Muto with a letter of thanks for the company’s transport of used wheelchairs for disabled children in Paraguay.

Mitsui O.S.K. Lines, Ltd. received a letter of appreciation from the Paraguayan Embassy, thanking the company for providing ocean transport of used wheelchairs from Japan to Paraguay, where they were delivered to needy children. This is the second time MOL has teamed up with the Volunteers Group to Send Wheelchairs to Overseas Children, a certified NPO, following a project in 2010. A total of 80 used wheelchairs for children were loaded on its operated containership at Port of Yokohama and


Road Transport Puts Denmark Ferry Out of the Running

Photo courtesy of Kattegatruten

Kattegatruten’s ferry services between Kalundborg and Aarhus are to end next month . The core business area for the service is truck transport and driverless cars, but for months the service has been unprofitable. "It is impossible to compete with Eastern European prices. Danish haulage companies are increasingly using Southeast European road transport companies as subcontractors. This means much lower labor costs and therefore driving across the Great Belt Bridge is more


Breakbulk Africa Congress – Transnet CEO to Speak

Brian Molefe: Photo credit UBM Global Trade

Brian Molefe, CEO of Transnet, South Africa's intermodal & pipeline conglomerate, will deliver the keynote address at forthcoming African debut of the Breakbulk Africa Congress Transnet SOC is South Africa's national transport arm and the governing body for the country's rail, pipelines, ports and terminals. During his keynote address, Molefe will discuss Transnet's recently announced, four-point growth strategy, which includes plans to invest R110.6 billion (US$12


Boatracs Appoints New Personnel

Boatracs, a business unit of Advanced Remote Communication Solutions, Inc., has appointed new personnel to better service clients, and expand sales coverage in the Pacific Northwest. In newly created positions, Robert Trainor joins the company as Sales Engineer, managing activities for the Pacific Northwest, Alaska and western Canada, and Steven M. Bryan, Sr. as Manager of Projects, Design and Development. Both positions report to Charles J. Drobny Jr., Chief Operating Officer of Boatracs.


Bechtel Studies Cargo Ship Safety in West Africa

Bechtel launched a new research initiative to improve the safety of mooring large cargo ships off the coast of West Africa. The combination of heavy ocean swell, squalls and shallow coastlines can create unpredictable conditions which limit the number of dry bulkers that can be moored safely in the area. The results of this research aim to provide new mooring guidelines and systems, which will improve the transfer and transshipment of natural resources from the region.


Greencarrier Plots Energy and Projects Expansion

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Greencarrier Shipping & Logistics AS said it is planning to expand its services to the oil and gas industry, appointing a new head of the energy and projects business unit and opening an office in Stavanger, Norway. The Scandinavian company, which offers the full range of freight forwarding and logistics services, has identified project forwarding and the energy industry as two of its main target areas for growth in 2014.


Nakilat Ends H12017 with $112 Mln Net Profit

Nakilats flagship, QMax Mozah. Photo: Qatar Gas Transport Company

 Qatar Gas Transport Company (known as “Nakilat”, which means carriers in Arabic) recorded its financial results for the first half of the year ended June 30, 2017 with a net profit of QR 409 million ($112 million) compared to QR 501 million ($137 million) of the same period last


Qatar Seeks to Open New LNG Markets with Floating Terminals

Qatar Gas Transport Company and Norwegian shipping business Hoegh LNG have embarked on a joint project to open new markets for Qatar to sell its liquefied natural gas (LNG) via floating import terminals.   Hoegh LNG, a developer of floating LNG import terminals


Nakilat Takes LNG Carrier In-House

Photo: Qatar Gas Transport Company (Nakilat)

 Qatar Gas Transport Company (Nakilat)  has assumed full ship management and operations of Q-Flex LNG carrier Al Sheehaniya from STASCo (Shell Trading and Shipping Company) with effect from 6 July 2017, as part of the planned and phased transition announced on 19th October 2016. 


World's Largest Hybrid Ferry gets Rolls-Royce Power

The Bergen B33:45. (Image: Rolls-Royce)

Rolls-Royce announced that it received an order for four B33:45L diesel engines to power the world’s largest hybrid ferry being built for the Norwegian cruise and transport company Color Line.  The ferry, designed by Fosen and to be built at Ulstein Verft in Norway


Damen Stan Pontoon Delivered to Norway

Damen Sales Manager Norway Remko Hottentot, with Torgeir Vareberg and Lisa Chaparian of Skyssbåtservice on the occasion of the contract signing for a Damen Stan Pontoon 4512.   (Photo: Damen)

Norwegian maritime transport company Skyssbåtservice has taken delivery of a Stan Pontoon 4512 from the Damen Shipyards Group. The 45-meter barge will be capable of fulfilling a variety of roles in both the general maritime transport sector projects and the oil and gas industry.  


IBM, Maersk in Blockchain Tie-up for Shipping Industry

File photo: A.P. Moller - Maersk

IBM and Danish transport company Maersk said they were working together to digitize, manage, and track shipping transactions using blockchain technology.   The technology, which powers the digital currency bitcoin, enables data sharing across a network of individual computers


Sandahlsbolagen to operate terminal at Gothenburg Port

Vision of intermodal terminal in the Port of Gothenburg. The image shows what the terminal will look like when it is fully built in 2019-2020. Photo Gothenburg Port Authority

The family-owned company Sandahlsbolagen Sweden AB has signed a five-year agreement with Gothenburg Port Authority to operate the new intermodal terminal at the port. Operations will commence by end of this month. "Sandahlsbolagen has for long time shown an interest in running a intermodal


Industry to Prevent Shipping of Counterfeit Goods

Brand owners and representatives from the international shipping industry have joined forces in signing an historic declaration of intent aimed at preventing the maritime transport of counterfeit goods. Leaders from global shipping firms, freight forwarders


Barcelona Port Encourages Partnering for Development

The Port of Barcelona is pursuing an active policy to increase the competitive edge of its customers, fostering the development of efficient and operational services that respond to their needs for international shipping and logistics services


Rickmers Maritime Gets Breathing Space

Photo: Rickmers Maritime

 Marine transport company Rickmers Maritime has been offered a credit facility worth USD 260 million in order to cover bank debt. The carrier is also considering converting its debt to bonds worth more than USD 70 million as part of an ongoing restructuring of the listed company's debt burden


Growth in the Leased Container Equipment Fleet to Slow

Source: Drewry Maritime Research

 Following markedly slow growth of just 3.5% in 2015 due to decreased rental demand, the global leased container equipment operating fleet is forecast to increase by little more than 1% in 2016, according to the latest edition of the Container Leasing Industry Annual Report 2016


Japanese Yards Mull Shipbuilding Alliance

Photo: MHI

Four major Japanese shipbuilders are in discussions to form an alliance in hopes of riding out the industry slump.   Mitsubishi Heavy Industries, Ltd. (MHI) announced in a press release today that it has entered talks with Imabari Shipbuilding Co., Ltd., Oshima Shipbuilding Co., Ltd


Maersk Break-Up Soon ?

Photo: Maersk Line

 A.P. Moeller-Maersk A/S, in its strategic review, is considering several options including a two-way split into an energy and a transport company, says a Bloomberg report.   According to Danish daily Berlingske, the shipping group is likely to break up into transportation and energy


UK Treasury Deletes 3 Iranian Shipping Lines from Sanctions List

Image: IRISL GROUP

 The UK Treasury deleted names of three Iranian martitime companies active in maritime transportation from its list of entities entitled to financial sanctions.  As per report by IRNA British HM Treasury has announced that following the EU


Transport via Northern European ports more sustainable

Scatter plot of CO2 emission per TEU per day for vessels according to size and year of build.

On the European continent, the Alps form a natural barrier for international transport. Containers can be transported to Southern Germany, the Czech Republic or Poland cheaper as well as more sustainably via North European ports than via Southern European ports






 
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