Chemicals News

17 Jul 2019

Peruā€™s 1st Digital Customer Platform Readies

Pic: APM Terminals

APM Terminals has become the first Peruvian port to introduce a customer platform that logs, streamlines and coordinate General Cargo operations in the port of Callao.During the pilot phase, the platform, which was developed together with maritime and customs agents, enabled users to complete transactions 67% faster and operations were completed 12% faster.APM Terminals Callao invested nearly USD 1 million in the implementation of MOST, a new state-of-the-art platform that can be used by maritime agentsā€¦

17 Jul 2019

TOP Ships Gets Loan for a Tanker

Pic: TOP Ships

Top Ships, a provider of oil, petroleum products and chemicals transportation services, has concluded a financing agreement with an undisclosed Chinese financier to refinance one of its MR2 tankers.The  Greek tanker owner and operator said in a press release that the gross proceeds from the new financing amount to $25.6m and will be used mainly to refinance the facility of M/T Stena Weco Excellence with Nord LB.The tenor of the new facility is 10 years, it added.The company also announced that it intends to enter into 2 additional Financing Agreements with the same financier at similar termsā€¦

17 Jul 2019

St. Louis Regional Freightway: Prepare now for Lock Closures

File Image: St. Louis Regional Freightway

Lock Closures Starting on the Illinois Waterway This Summer May Result in  More Freight Flowing Through St. Louis Region.Businesses that move or handle commodities on the Illinois Waterway system are being encouraged to start making alternative plans due the scheduled closure of locks on that inland waterway system. With a two-week closure planned by the U.S. Army Corps of Engineers beginning as early as August 2019 and closures of 90 to 120 days expected in the summers of 2020 and 2023ā€¦

16 Jul 2019

South Africa Signs HNS Treaty

Pic: International Maritime Organization (IMO)

International Maritime Organization (IMO) informed that South Africa has become the latest country to accede to a key compensation treaty covering the transport of hazardous and noxious substances (HNS) by ship.According to the UN body, when in force, the treaty will provide a regime of liability and compensation for damage caused by HNS cargoes transported by sea, including oil and chemicals, and covers not only pollution damage, but also the risks of fire and explosion, including loss of life or personal injury as well as loss of or damage to property.An HNS Fund will be establishedā€¦

16 Jul 2019

Coatings Market to Reach $9.34bln by 2025

Pic: Frost & Sullivan

Global marine coatings market to grow at a steady rate of 3.5% from 2018 to 2025 and reach $9.34 billion by 2025, said Frost & Sullivan.The Asia-Pacific region is expected to dominate the market owing to its large base of shipbuilding and dry-docking facilities, it added.The analysis reveals that the increased development and adoption of more environmentally sustainable and durable antifouling coatings using higher priced chemistries such as silicones and fluorosilicones willā€¦

12 Jul 2019

Samskip Appoints Laaksonen as Group CEO

Kari-Pekka Laaksonen, Group CEO Samskip (Photo: Samskip)

Samskip, a European multimodal service provider group, appointed Kari-Pekka Laaksonen as the Group Chief Executive.Laaksonen, who takes up his post at Samskipā€™s Rotterdam headquarters on August 1st, 2019, is the former CEO of Samskip competitor Containerships, where he led the Finnish groupā€™s aggressive growth from 2012. He also brings significant experience from the shipper perspective, having occupied progressively senior logistics roles in the chemicals, forest products and automotive sectors.

01 Jul 2019

Odfjell Names Next-Gen Chemical Tankers

Photo: Odfjell

A milestone is reached in Odfjellā€™s history as the company officially names its next generation of chemical tankers on July 1st. When the ships are delivered to the fleet, these vessels will be the worldā€™s largest stainless steel chemical tankers, taking Odfjell to a new level of capacity, efficiency, and eco-friendly operations.Odfjell has undertaken a major fleet renewal program through measures such as pool cooperation, redelivery of older tonnage and chartering of new shipsā€¦

28 Jun 2019

Danish Shippers to Install Scrubbers

Image: Danish Shipping

Denmark-based shipping companies prefer to install exhaust gas purification systems, the so-called scrubbers, on their ships."The scrubbers clean the exhaust smoke from the engines and thereby remove Sulphur and other particles which enable the ships to meet new international requirements," says Danish Shipping, which represents the danish shipping industry.With its 183.2-meter long hull, Torm Laura takes up a lot of space at the FAYARD yard on Funen, Denmark. Every day, the ship transports everything from oil to chemicals on the seven oceansā€¦

26 Jun 2019

ā€‹Wilhelmsen, Rainmaking Innovation Join Forces

Wilhelmsen and Rainmakingā€™s announced a partnership aiming to spin-out and scale-up existing innovative solutions researched and developed by Wilhelmsen with potential to scale across the industry. Wilhelmsenā€™s Digi Boiler is the first project to benefit from this collaboration.Minimizing the risks associated with poor boiler water management, Wilhelmsenā€™s automated boiler water dosing system monitors boiler water condition, dosing chemicals as and when they are needed. Delivering real-time condition monitoring, essential data is accessible to both the vesselā€™s crew and onshore staff, via a custom- made portal.Recently granted an ā€œApproval in Principleā€ (AIP) by DNV GLā€¦

18 Jun 2019

Report: The U.S. Marine Market


Ferry First
Alabamaā€™s Geeā€™s Bend Ferry recently entered service after being converted from geared-diesel to become the first zero-emission, electric-powered passenger/car ferry in the U.S. Owned by the Alabama Department of Transportation (ALDOT) and operated by HMS Ferries, Seattle-based Glosten provided concept through contract design and shipyard technical support of the vessel conversion to all-electric. Images courtesy Glosten/ALDOT

A ā€˜work in progress,ā€™ the North American brown water, shallow draft sectors have experienced a tumultuous year of evolution, changing market conditions, a rapidly shifting regulatory environment and new opportunities. Anything but boring; and within the pages of Maritime Reporterā€™ & Engineering Newsā€™ Annual Yearbook, Joseph Keefe, editor of sister-publication MarineNews, takes a deep dive into the issues driving the domestic waterfront.Workboat EmissionsMore than one year ago, Volkswagon learned the ultimate (and painful) meaning of the iconic U.S.

09 Jun 2019

Sibur and Sinopec Link on Amur JV

Pic: Sibur

Russian petrochemicals giant Sibur has signed several agreements with Chinese state-owned conglomerate China Petroleum & Chemical Corporation (Sinopec).One deal relates to Sinopecā€™s potential participation in Siburā€™s previously announced Amur Gas Chemicals Complex (AGCC) in Russiaā€™s Far East.Sinopec, Chinese oil and gas enterprise based in Beijing,  which bought a 10% stake in Sibur in December 2015, is expected to take a 40% share in the joint venture, subject to a final investment decision in the projectā€¦

05 Jun 2019

Maritime Safety Committee Meets

Pic: International Maritime Organization (IMO)

The Maritime Safety Committee (MSC) is meeting for its 101st session, with a busy agenda encompassing maritime autonomous surface ships, polar shipping, goal-based standards and other agenda items.A number of draft amendments will be adopted, including amendments to mandatory Codes covering the carriage of potentially hazardous cargoes: the MSC is set to adopt the draft consolidated edition of the International Maritime Solid Bulk Cargoes Code (IMSBC Code), and a comprehensiveā€¦

04 Jun 2019

Digi Boiler Gets DNV GL AIP

Pic: Wilhelmsen

Norway-based global maritime industry group Wilh. Wilhelmsen Holding ASA said that DNV GL has granted an ā€œApproval in Principleā€ (AIP) and currently working together towards a full type approval for the smart boiler water dosing system.Wilhelmsen also plans to qualify as an approved service supplier (AoSS) as part of the class societyā€™s unique boiler monitoring (BMON) programme.Minimizing the risks associated with poor boiler water management, Wilhelmsenā€™s system monitors boiler water condition, dosing chemicals as and when they are needed.

03 Jun 2019

Drewry: Manning Cost to Rise

Graph: Drewry

According to the latest Manning Annual Review and Forecast report published by global shipping consultancy Drewry, the manning costs have risen moderately over the past 12 months, checked by easing officer supply shortage, and are forecast to rise at a similar pace over the next five years.Manning costs rose for a second successive year in 2019 but the pace of growth remains moderate and well below the prevailing rate of price inflation. Meanwhile, the shortfall in available officer numbers relative to demand has declined close to equilibrium and is expected to reach a small surplus by 2024ā€¦

03 Jun 2019

Wilhelmsenā€™s New Heavy Duty Cargo Hold Cleaner

Photo courtesy of Wilhelmsen

Tested extensively both in the lab and in the hold, Wilhelmsenā€™s Unitor CargoClean HD further improves on the market-leading performance of its predecessor but requires just half the volume of chemicals previously needed.Refined several times before the Wilhelmsen team felt their complex alkaline micro emulsion cleaner was strong enough to test against the best of the rest onboard a vessel, the new concentrated formula of Unitor CargoClean HD consistently produced the best cleaning results.

03 Jun 2019

TECH FILE: Gas Freeing Barges the Modern Way

Using Nanotechnology to Improve Safety & Efficiency.For as long as oil and petrochemicals have been in use by transportation, safely managing their highly flammable, toxic, and environmentally damaging vapors has been an ever present challenge. Even with increasing emphasis on safety procedures and better training, these invisible and dangerous vapors continue to result in the loss of life and property. But now, new nanotechnologies can provide safer and faster solutions that were not thought possible with conventional methods.

31 May 2019

India: New Shipping Minister Takes Charge

Mansukh Lal Mandaviya . Photo: PIB

Mansukh Lal Mandaviya took charge of the Shipping Ministry Friday as Minister of State (Independent charge).A Rajya Sabha (or Council of States is the upper house of the bicameral Parliament of India) member of the ruling political party Bharatiya Janata Party (BJP) from the state of Gujarat, Mandaviya has become Union minister for the second time at the age of 47.With 12 major ports, projects like Sagarmala Program, an initiative by the government of India to enhance the performance of the country's logistics sectorā€¦

24 May 2019

Norden Signs 3-year COA with Qatar Vinyl

Image: Dampskibsselskabet NORDEN A/S

Danish shipping company Norden has signed a three-year contract of affreightment (COA) with Qatari chemical firm Qatar Vinyl Company, commencing in the second quarter of 2019.Qatar Vinyl Company, a subsidiary of Qatar Petrochemical Company, produces various polymers and chemicals. The agreement is for the shipment of salt from West Coast India to Qatar, where the salt will be used for chemical production.The shipping company operating in the dry cargo and tanker segment worldwideā€¦

23 May 2019

Catching Cruise Off-Guard: Norwayā€™s zero-emissions fjord cruises

Sail, solar ā€¦ and battery power: a frontrunning design for n fjord-going, zero-emissions cruise ship. CREDIT: NCE Maritime CleanTech

Norway on Jan. 1, 2026, will begin a ban on cruise ships powering through the Unesco-listed heritage fjords on anything but zero-emissions propulsion. For now, that means battery power, but few of the 190 cruise ship calls to these fjords are made with that kind of electro-chemical fuel on board. From now until 2026, you can still cruise the fjords on a closed-loop, or in-line, scrubber system, but few cruise ships have these installed. The new rules mean cruising elsewhere, findingā€¦

23 May 2019

Race Against WW II Shipwrecks Oil Spill

Image: MV Ocean Recovery

A remediation programme to protect island ecosystems from damage caused by oil pollution from World War II wrecks sunk in the Pacific Ocean will launch in Newcastle Harbour today (Thursday 23 May).The programme is the result of a partnership between Major Projects Foundation, the Secretariat of the Pacific Regional Environment Programme (SPREP) ā€“ an intergovernmental Pacific regional organisation made up of 26 members ā€“ and the University of Newcastle. It will see expert teams of scientistsā€¦

20 May 2019

DP World UAE Wins Sustainability Award

Pic: DP World

The global port operator DP World's UAE Region has been recognised for its efforts to create a more efficient and sustainable supply chain when it was awarded the Supply Chain Sustainability Award at this yearā€™s Gulf Petrochemicals and Chemicals Association (GPCA) Supply Chain Conference.Mohammed Sulaiman, Business Development Manager of DP World, UAE Region, received the award on behalf of the company at a ceremony held at the Intercontinental Hotel in Dubaiā€™s Festival City,ā€¦

08 May 2019

Chemical Tanker Market Improves: Odfjell

Pic: Odfjell Tankers

The chemical tanker market saw continued improvements into what normally is a seasonally weaker first quarter, said Odfjell Group, a company specialising in worldwide seaborne transportation and storage of chemicals and other speciality bulk liquids.Strong exports from the US and Middle East were key drivers in this quarter which also impacted other trade lanes as well. There was less supply pressure from swing tonnage during the quarter, but we experienced some increased competitionā€¦

06 May 2019

Natural Gas Liquid Market to Cross 14 mbl/day by 2025

Pic: Gazprom Neft

Global Natural Gas Liquid Market is poised to cross 14 million barrels per day by 2025, said a study.Japan natural gas liquid market is projected to surpass an annual consumption of 0.2 mbl/day said the latest study by Global Market Insights.Accelerating fundingā€™s toward chemical industry along with the manufacturing of high value-added petrochemicals will augment the industry growth.In addition, up-surge in investments toward automotive sector coupled with expansion of various industrial base including manufacturingā€¦

Maritime Reporter Magazine Cover Jul 2019 - Cruise Vessel Design & Outfit

Maritime Reporter and Engineering Newsā€™ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the worldā€™s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

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