Oldendorff Sells Three Vessels in in CSL Pool to Algoma
The dry bulk operator Oldendorff Carriers sold the three remaining self-unloaders still operating in the CSL Pool for US$100.5 million to Algoma Central Corporation.CSL International Pool is a partnership between Oldendorff Carriers, Marbulk Shipping Inc. and Algoma Shipping Inc.The vessels -Sophie Oldendorff (70,037 tdw built 2000), Harmen Oldendorff (66,188 tdw built 2005) & Alice Oldendorff (50,259 tdw built 2000) - are expected to deliver to Algoma around the middle of 2019.All…
TransNamib, Botswana Railways MoU on Gobabis Container Terminal
TransNamib Holdings Ltd, and Botswana Railways (BR) recently signed a Memorandum of Understanding (MoU) in Gaborone, Botswana, which will culminate in the development and operation of a container terminal in Gobabis.The MoU, signed by TransNamib CEO, Johny Smith, and his Motswana counterpart, Leonard Musa Makwinja, signals the beginning of a fruitful and beneficial relationship to develop and enhance trade between the two countries. The MoU was .“The future of railways offers many opportunities”, said.
Ocean Alliance Unveils Day 3 Product
The world’s largest operational agreement between shipping companies Ocean Alliance -CMA CGM, COSCO SHIPPING, Evergreen and OOCL - has announced the launch of their Ocean Alliance Day 3 Product starting April 2019."Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, signs with his partners the launch of Ocean Alliance Day 3 Product, which will start in April 2019," said a press release from the shipping group.On the occasion of this announcement, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group…
CNOOC Storing LNG Offshore
China's state-owned CNOOC is temporarily storing liquefied natural gas (LNG) in a tanker off South Korea as a warmer than usual winter cuts expected spot demand for the fuel, industry sources said on Wednesday.China faced a severe winter gas shortage last year after switching millions of households to natural gas from coal for heating, prompting Chinese companies this winter to secure supply well ahead of time, they said.However, the winter so far has been relatively mild and weather data from Refinitiv Eikon largely points towards warmer than usual temperatures ahead…
ZIM Launches Blockchain-based Bills of Lading
Israel’s largest cargo shipping company ZIM Integrated Shipping Services has opened its blockchain platform for electronic bills of lading (eB/Ls) to all clients in selected trades.Over the last year, following ZIM’s November 2017 announcement regarding the first-ever pilot of paperless Bills-of-Lading based on blockchain technology, ZIM and selected leading customers have been testing the new Platform as a solution for trade activities on multiple shipping lanes.Following the successful pilot, accomplished with the cooperation of Wave Ltd.
BIMCO: US Box Imports Break Records Despite Uncertainty Ahead
Container imports on both the US East Coast (USEC) and West Coast (USWC) had a strong year in 2018, growing 3.7% and 8% respectively in the first 11 months of the year compared to the same period in 2017.Record high levels of inbound laden containers were experienced on both coasts in October with the USWC at 1.09 million TEU and the USEC at 0.91 million TEU according to BIMCO’s own data.The first two months of 2018 saw the USWC coast’s laden imports increase 11.7% from the start of 2017, with the accumulated growth rate then stabilising to around 4% for the rest of the year.
Blue Atlantic Fabricators Launches Lovejoy Wharf Ferry & Water Taxi Dock
Boston Harbor Cruises’ new subsidiary is building for Massachusetts in the Commonwealth.Blue Atlantic Fabricators of East Boston, MA announces the fabrication and launch of a 50 ton, 20ft x 80ft floating dock to be located at Lovejoy Wharf in Boston. This all-steel dock, will be the facility for privately-run ferry and water taxi service between Lovejoy Wharf and Boston’s Seaport District, offering both bow-loading and side loading capabilities.Blue Atlantic Fabricators built the floating dock for C. White Marine, Inc. who, as general marine contractor for developer Related Beal, will finish and install the docking system at the multiuse Lovejoy Wharf property.
ABP, Thor Shipping Sign New Port of Hull Contract
Associated British Ports (ABP) announced a major new agreement which sees Dutch shortsea specialist Thor Shipping & Transport commit 10 years to The Port of Hull.In addition, ABP has invested GBP6 million into Thor’s 10-acre leased terminal, allowing substantial infrastructure improvement works and an additional 2.5 acres of container storage space. As part of this key investment, in March 2019, a hybrid £3.5 million Liebherr harbour crane will arrive, to bolster eco-friendly…
Fire on the Yantian Express “under control”
German-based cargo container shipping line Hapag-Lloyd guarantees that the fire that broke out on its 7,500 teu Yantian Express was last night “brought under control”."On 3 January, a fire broke out in one container on the deck of the Yantian Express and spread to additional containers. In the meantime, efforts to extinguish the fire have made continuous progress under the direction of the salvage company Smit and in cooperation with the Hapag-Lloyd crew on the scene as well as Hapag-Lloyd’s emergency-response team in Hamburg.
EBDG Opens East Coast Office
Expansion Strengthens Client Access and Relationship Management.Elliott Bay Design Group proudly announces the opening of its new East Coast office in New York. The office will provide professional engineering and naval architecture services as well as waterfront development expertise to clients on the East Coast and is a springboard for future growth in the region. "This is an exciting time for EBDG and marks a major milestone in our 30-year history," states Christina Villiott, VP of Sales & Marketing.
South Carolina Ports Authority Marks 6.4% Container Volume Growth
The South Carolina Ports Authority (SCPA), which operates the Port of Charleston and other facilities, today reported 6.4 percent year-over-year container volume growth, with a record 2.3 million twenty-foot equivalent container units (TEUs) handled in 2018.Last year marked the third consecutive calendar year of record TEU volume for SCPA. The Port moved 199,701 TEUs in December alone, a 9.2 percent increase over December 2017 and the strongest December in SCPA history.As measured by the total number of boxes handled…
Crew Evacuates from Burning Box Ship off Canada
The German shipping line Hapag Lloyd said on Sunday it had evacuated the crew from its container ship, the Yantian Express, off Canada's east coast after a fire spread."Due to bad weather conditions, the fire has not been successfully contained yet and has significantly increased in intensity at times," the firm said in a statement on Sunday."For this reason, a decision was made to evacuate the crew. The complete crew is unharmed."Hapag Lloyd had said on Friday that it was trying to extinguish the fire.(Reporting by Edward Taylor; Editing by Kevin Liffey)
Containership Ablaze Off Canada's East Coast
German shipping line Hapag Lloyd said on Friday that it was trying to extinguish a fire on its Yantian Express container vessel off Canada's east coast but was being hampered by bad weather.A spokesman for Hapag Lloyd said the fire broke out on Thursday in a container on deck and spread to some other containers on the vessel, but the cause was not yet known.The 7,519 twenty foot equivalent ship was on its way from Colombo, Sri Lanka to Halifax in Nova Scotia via the Suez Canal…
Newcastle Bulk Terminal Reaches Key Milestone
Australia’s new east coast supply chain alternative Port of Newcastle has marked an important milestone in the development of the Newcastle Bulk Terminal.A press release from the company said that the dismantling of the old ship unloaders is now complete, with bulk cargo hoppers now in place to provide continuity of trade while the new ship unloader and conveyor system is constructed.The old ship unloaders at the Kooragang 2 berth have been a feature of the Walsh Point precinct since 1968.
Approval in Principle for Steady Top Feeder Solution
London Offshore Consultants (LOC) has provided Barge Master and GustoMSC with an approval in principle for the work method of their Steady Top Feeder solution. This independent and impartial acceptance is an important next step in implementing this solution in US offshore wind projects.Barge Master and GustoMSC asked LOC to act as if they were appointed as the marine warranty surveyor of an offshore wind project and on that basis to assess whether the solution of the Steady Top Feeder is in principle acceptable to them.
Senex Energy Gemba Tests Successful
Australian energy company Senex Energy has successfully tested a gas exploration well in the Cooper Basin in South Australia.According to the Brisbane-based company The Gemba-1 well flowed 227,000 cubic metres (8 mcf) of gas per day over a period of a week."Senex Energy has successfully completed the initial flow test of the Gemba-1 gas exploration well in the Cooper Basin, with stabilised flow rates of approximately eight million standard cubic feet per day, plus associated liquids…
ScanOcean, Neste Pact for Low-Sulfur Bunker Fuel
Finland oil refining and marketing company Neste Corporation and Swedish bunker and marine fuels provider ScanOcean AB enter into cooperation in delivering Neste’s low-sulfur marine fuel. ScanOcean AB is now an official reseller for Neste’s 0.1% marine fuel products on the East Coast of Sweden. The low-sulfur marine fuel is one of Neste’s high quality products."The re-seller partnership with ScanOcean is part of our marine fuel strategy as it is our aim to continually offer customers better services both locally and globally.
Moody's Rated Panama Canal with Stable Outlook
Moody's Investors Service reaffirmed the Panama Canal Authority's (ACP) A2 long-term rating with a stable outlook, based on its distinctive position as an infrastructure asset with a unique geographic advantage and business model, and its strong historical operational and financial performance.According to Moody's, the ACP's strong financial performance has resulted in better than anticipated financial metrics, driven by the successful operations of the Expanded Panama Canal.
INSIGHTS: Lorry Wagner, Ph.D., President, LEEDCo
Dr. Lorry Wagner has served as president of the Cleveland-based Lake Erie Energy Development Corporation (LEEDCo) since May of 2010.LEEDCo is the public private partnership behind the effort to construct Icebreaker Wind, a 6 turbine 20.7 megawatt offshore wind energy demonstration project in Lake Erie, 8 miles off the shore of Cleveland. LEEDCo has received funding from the U.S. DOE under its Advanced Technology Demonstration Projects award and has partnered with Fred. Olsen Renewables of Norway. Dr.
Seaway Offshore Cables Wins US Job
Subsea 7 associate Seaway Offshore Cables has won a contract to supply and install array cables for the 12-megawatt Coastal Virginia Offshore Wind (CVOW) projects in the U.S."SOC in combination with Subsea 7, has been awarded its first US offshore wind project by Ørsted Wind Power North America who are constructing the project for Dominion Energy. This turnkey cable supply and cable installation contract for CVOW Project marks the continued success of a global renewables strategy for Subsea 7 in the U.S.…
Scientist Pool Data to Create the $3B Ocean Map
For experts in the field of ocean mapping it is no small irony that we know more about the surfaces of the Moon and Mars than we do about our planet's sea floor."Can you imagine operating on the land without a map, or doing anything without a map?" asked Larry Mayer, director of the U.S.-based Center for Coastal and Ocean Mapping, a research body that trains hydrographers and develops tools for mapping."We depend on having that knowledge of what's around us - and the same is true for the ocean…
GREAT WORKBOATS: The Very Best 10 of 2018
MarineNews showcases the ten best of North America’s 2018 workboat deliveries. Domestic shipyard production is robust, innovative and getting greener. And, that translates into two kinds of ‘green.’As the domestic offshore energy support sector slowly awakens, other sectors have been happy to take the spotlight in its absence. As always, and if a hull was delivered in 2018, we took a look at it, with several areas as a focus for inclusion into this edition. For my part, I’m always excited when the U.S. boatbuilding sector can deliver for a foreign buyer. We’ve checked that box here.
The Top 10 Maritime Stories for 2018
Choosing the ‘top stories of 2018’ was, this year, a difficult task. Many compelling story threads played out, dramatically impacting the North American waterfront, and in particular, the workboat sector – each in their own unique way. Read on to find out how and why.Autonomous Vessels: Ready or Not, Here They ComeFuturistic, remote-controlled autonomous marine vehicles aren’t coming. They are here. As the pace of change quickens, autonomous vessels are already providing service and value on the water.