Maritime Transportation News

20 Mar 2020

Dredging: Essential Critical Infrastructure Workforce

(Photo: Dredging Contractors of America)

On Thursday, the U.S. Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) released guidance to help state and local jurisdictions and the private sector identify and manage their essential workforce while responding to COVID-19.The Dredging Contractors of America (DCA) helped the federal government develop this first-of-a-kind guidance on Essential Critical Infrastructure Workers.“This is why Government Coordinating Councils and Sector Coordinating Councils are so important.

18 Mar 2020

Opinion: Maritime Freedom & the Global Commons

Freedom of Navigation: The guided-missile destroyer USS Lassen (DDG 82) escorts the merchant vessel Tomahawk through the Strait of Hormuz.
(U.S. Navy photo by Mass Communication Specialist 2nd Class Michael H. Lehman/Released)

“Freedom” – the absence of subjection to foreign domination or despotic governmentIt has been decades since international relations in the world order dictated true competition for sea control, sea lines of communication, access to world markets, and diplomatic partnerships. However, it is becoming increasingly alarming that nations such as Iran, China and Russia seek to accumulate/consolidate power and re-define international maritime norms, potentially at the peril of diplomatic…

12 Mar 2020

24/7 Voyage Security Risk Assessment … at the click of a mouse

Risk Intelligence System data being assessed at the company’s Hellerup offices, near Copenhagen, Denmark: together with its centers in North America and Singapore, Risk Intelligence provides worldwide maritime transportation security intelligence on a 24/7/365 basis. (Photo: Risk Intelligence)

Risk Intelligence provides security data, information, analysis and assessment to enable safe navigation in areas of risk in an increasingly uncertain worldSince its founding in 2001, Denmark-headquartered security information specialist Risk Intelligence has developed a fully integrated risk assessment and planning tool that provides valid, actionable intelligence to any fleet, on land, in port or at sea, 24/7/365. The company has three information and intelligence products that together assess security risks at sea…

16 Mar 2020

The National Freight Strategic Plan and the Inland Waterways

© Gerard Corprew / Adobe Stock

The Fixing America’s Surface Transportation (FAST) Act was enacted in December 2015. The FAST Act required the U.S. Department of Transportation (DOT) to develop a National Freight Strategic Plan to address multimodal freight transportation. In the Federal Register of December 27, 2019, DOT requested information from the public, including industry trade groups, to aid development of the National Freight Strategic Plan.This article summarizes certain of the comments that were submitted by Inland Rivers, Ports and Terminals, Inc. (IRPT) in response to DOT’s request.

10 Feb 2020

Grindrod Shipping Acquires IVS Bulk Stake

Image: Grindrod Shipping Holdings Ltd

The global provider of maritime transportation services in the drybulk and product tanker sectors Grindrod Shipping Holdings announced acquisition of an additional 33.25% stake in its IVS Bulk joint venture and the sale of the 2010-built small product tanker Kowie.A subsidiary of the company, Grindrod Shipping Pte. Ltd (GSPL) has agreed to acquire the 33.25% ordinary and preferred equity shares held by one of its two JV partners in IVS Bulk for a total consideration of $44.1 million, thereby increasing its stake to 66.75%.

09 Feb 2020

Iran, Syria Ink Maritime Agreement

Photo:  Ports & Maritime Organization

Iran and Syria have signed an agreement on mutual maritime cooperation during  the sixth round of joint maritime committee meeting on the maritime and port cooperation.The Managing Director of Iran's Maritime and Port Organization (PMO) Mohammad Rastad, and the Syrian Deputy Minister of Maritime Transportation Mohammad Ammar Kamal Al-Din, signed the agreement.The agreement has emphasized the expansion of maritime cooperation, as well as maritime education and training together…

06 Feb 2020

Risk Management with a Mouse Click

Risk Intelligence provides security data, information, analysis and assessment to enable safe navigation in areas of risk in an increasingly uncertain world.Since its founding in 2001, Denmark-headquartered security information specialist Risk Intelligence has developed a fully integrated risk assessment and planning tool that provides valid, actionable intelligence to any fleet, on land, in port or at sea, 24/7/365. The company has three information and intelligence products that together assess security risks at sea…

04 Feb 2020

Vessel Safety: US House Subcommittee Seeks Faster Implementation

The diving boat Conception burns off the coast of Santa Cruz island on September 2, 2019. (Photo released by the Santa Barbara Sheriff's Office)

In November the U.S. House of Representatives’ Transportation & Infrastructure Committee, Coast Guard and Maritime Transportation Subcommittee held a hearing on “Commercial and Passenger Vessel Safety: Challenges and Opportunities.” Testimony covered a range of issues, from recent tragedies such as the Conception dive-boat disaster to antiquated maritime laws.Hearing witness list:Rear Admiral Richard V. Timme, Assistant Commandant for Prevention Policy, United States Coast GuardThe Honorable Richard Balzano…

30 Jan 2020

FESCO Transports RTG Cranes Via NSR

Image: FESCO

FESCO Transportation Group, the largest intermodal transport operator in Russia,  has performed relocation of four Liebherr rubber tyred gantry (RTG) cranes from Petrolesport (part of Global Ports Group) in St. Petersburg to Vostochnaya Stevedoring Company (part of Global Ports Group) in Vrangel (Primorsky Krai)."To ensure minimum transit time, the transportation of RTG cranes was carried out along the Northern Sea Route. The sea passage took 28 days, while transit time on the route through the Suez Canal would take about 52 days…

15 Jan 2020

Pyxis Tankers Sells MR2 Ship Pyxis Delta

Image: Pyxis Tankers

Greek pure play product tanker company announced that it has completed the sale of the Pyxis Delta, a 2006-built 46,616 dwt product tanker.The maritime transportation holding company said in a press note that the sale proceeds will be used to repay outstanding indebtedness secured by the vessel and for general corporate purposes.Valentios Valentis, our Chairman and CEO said: “This transaction furthers our operating strategy to focus on modern eco-MR tankers and reflects a more efficient allocation of capital resources to improve our financial condition.

02 Jan 2020

Grindrod Eyes Stake in IVS Bulk JV

Image: Grindrod Shipping

Singapore-headquartered provider of maritime transportation services in the drybulk and product tanker sectors, Grindrod Shipping Holdings is planning acquisition of an additional 33.25% stake in its IVS Bulk joint venture."Grindrod Shipping is progressing negotiations to acquire all of the 33.25% ordinary and preference shares in IVS Bulk held by one of its two JV partners for approximately $44.2 million, thereby increasing our stake in the JV to 66.75%," said a press release from the provider of dry-bulk and liquid shipping services.

27 Dec 2019

INSIGHTS: Niels Aalund

Niels Aalund was elected President of the International Propeller Club at their 93rd International Convention and Conference. The prominent maritime industry stakeholder will serve a two-year term, commencing from October 17th. Aalund, a well-known maritime subject matter expert and executive, also serves as an Officer and as Senior Vice President of the West Gulf Maritime Association (WGMA). WGMA communicates and coordinates with various governmental entities throughout the West Gulf…

23 Dec 2019

Iran-Muscat Ferry Soon

Image:  Ports & Maritime Organization

A direct Chabahar-Muscat ferry line between Iran and Oman is planned to resume operation within a month, said Iran's official news agency.Ferries with the capacity of transporting 240 people and 40 vehicles will operate between Iran’s Chabahar port and Oman capital will be operational within a month, according to Hassan Ebrahimi, a deputy with the Ports and Maritime Department of Sistan-Baluchestan Province (where Chabahar port lies).After launching services to Qeshm Island and Bandar Abbas in Iran in 2016…

12 Dec 2019

Iran, Oman Pact to Expand Maritime Transportation

Image:  Ports & Maritime Organization

Iranian and Omani officials have signed a cooperation agreement aimed at boosting maritime navigation, trade and transportation between the two Persian Gulf countries.The agreement was signed in a ceremony attended by senior officials from both sides including the Iranian Minister of Transport and Urban Development Mohammad Eslami and Oman’s Minister of Commerce and Industry Ali bin Masoud al Sunaidy, and heads of the two countries’ ports and maritime organizations.Iranian Transport…

29 Nov 2019

Mitsubishi Christens Cargo-Passenger Ship

Image: Mitsubishi Shipbuilding

Yokohama-based Mitsubishi Shipbuilding Co has launched a cargo-passenger ship currently under construction for Tokai Kisen Co., Ltd.The new vessel will inherit the name Salvia Maru, replacing the second ship bearing the name that is currently operated by the company.The formal christening was conducted by Tokai Kisen President Junichi Yamazaki, with a ceremonial rope cutting by the fourth Tokai Kisen Mascot Girl, Natsumi Koike.The handover is scheduled for June 2020 upon completion of rigging work…

28 Nov 2019

Gasum Makes its 1st Cruise Ship STS LNG Bunkering

Image: Gasum

The Nordic energy company Gasum said that its liquefied natural gas (LNG) bunker vessel Coralius conducted first ever ship-to-ship (STS) bunkering to a cruise ship - Carnival Corporation's cruise vessel Costa Smeralda.During the bunkering operation, LNG was supplied to the newbuild Costa Smeralda at the Meyer Turku shipyard. Costa Smeralda is the first cruise ship in a series of newbuilds at Meyer Turku that will be fitted with LNG propulsion.LNG is the cleanest available marine fuel…

30 Oct 2019

Grindrod Announces Finance Arrangement

Image: Grindrod Shipping Holdings

Grindrod Shipping Holdings, a global provider of maritime transportation services in the dry-bulk and product tanker sectors, announced a number of transactions relating to a new financing arrangement, its fleet and share repurchases."Further to the previously-announced financing arrangements in respect of IVS Knot and IVS Kinglet, we expect to enter into a similar financing arrangement with a Japanese shipowner in respect of the 2011-built handy-size dry-bulk carrier, IVS Magpie…

28 Oct 2019

Diversity, Tech on Tap at WISTA Conference

Despina Theodosiou (Photo: WISTA International)

A top hostage negotiator, the CEO of a company which supplies environmental products to ship owners and operators and the heads of two maritime technology firms are all part of an impressive line-up of speakers scheduled to speak at the 2019 Women’s International Shipping & Trading Association (WISTA) AGM & Conference which takes place next week from Tuesday, October 29, to Friday, November 1. The four-day event is being hosted by WISTA Cayman Islands and is expected to bring over 200 maritime experts from 30-plus countries.

24 Oct 2019

Maritime Risk Symposium, Nov. 12-15 at SUNY Maritime

© Oleksii Fadieiev/Adobe Stock

The State University of New York Maritime College, in collaboration with the U.S. Coast Guard, National Academy of Sciences, academic institutions, industry partners, and federal, state and local agencies, will host the 10th Annual Maritime Risk Symposium (MRS 2019) Nov. 13-15, 2019, at New York Maritime College located in the Bronx, New York.MRS 2019 will bring together academics, government and commercial entities to discuss the threats, challenges and risks associated with the Marine Transportation System with a focus on current and future marine transportation challenges and threats.

18 Oct 2019

Total’s First LNG Bunker Vessel Launched

Photo: Total

Total said its first large liquefied natural gas (LNG) bunker vessel has been launched, following the signature of a long-term charter contract between Total and Mitsui O.S.K Lines (MOL) in February 2018.After delivery in 2020, the bunker vessel will operate in Northern Europe, where it will supply LNG to commercial vessels, including 300,000 tons per year for CMA CGM’s nine ultra-large newbuild containerships in Europe-Asia trade, for a period of at least 10 years.The LNG bunker…

17 Oct 2019

GTT LNG Carrier Orders at Record Highs

Pic: Gaztransport & Technigaz

Gaztransport & Technigaz (GTT), a company specialised in the design of membrane containment systems for maritime transportation and storage of liquefied gas, said its business activity was marked by a number of successes during the first nine months of 2019, particularly in the field of LNG carriers.In addition to the 26 orders for LNG carriers booked during the first half of the year, there were an additional 14 bookings in the third quarter of 2019, i.e. a total of 40 LNG carrier orders during the first nine months of 2019.GTT's core business activity is…

17 Oct 2019

U.S. Congressman Elijah Cummings Passes Away at 68

Congressman Elijah E. Cummings (CREDIT: Congress.gov)

At approximately 6:20 AM this morning, the Office of Congressman Elijah E. Cummings Released the Following Statement:At approximately 2:30 A.M. on Thursday October 17, 2019, Congressman Elijah E. Cummings (MD-07) passed away at Gilchrist Hospice Care, a Johns Hopkins affiliate, due to complications concerning longstanding health challenges. More details will be forthcoming.The energetic Cummings was best known in maritime circles for his time spent as chair of the Subcommittee on Coast Guard and Maritime Transportation where…

11 Oct 2019

Flawed CRS Dredging and Jones Act Report Under Fire

Dredging operations underway in U.S. inland rivers (Source: Port NOLA)

Congressional Leaders Rebuke Fatally Flawed Congressional Research Service Reports on Dredging and U.S.-flag Shipping.The Chairman and Ranking Members of the U.S. House of Representatives Transportation and Infrastructure Committee (T&I) and the Chair and Ranking Members of T&I’s Subcommittee on Coast Guard and Maritime Transportation sent a letter to the Library of Congress refuting a recent Congressional Research Service (CRS) report on the American dredging industry as “filled with misleading…

Maritime Reporter E-News subscription

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week

Subscribe for Maritime Reporter E-News