Panama News

21 Feb 2019

Port Tampa Welcomes CMA CGM

Image: Port Tampa Bay

Florida's largest port Port Tampa Bay welcome the announcement by the CMA CGM Group, that it will begin serving Port Tampa Bay in late May 2019 on its Pacific Express 3, or PEX3 service.With a presence in 160 countries and a fleet of 506 vessels, CMA CGM serves over 420 ports across the globe and is a member of the Ocean Alliance. The PEX3 port service rotation will be as follows: Singapore – Vung Tau – Hong Kong – Shekou – Ningbo – Shanghai - Busan – Panama Canal - Houston – Mobile – New Orleans – Tampa – Miami – Singapore."We are delighted with this announcement by CMA CGM…

19 Feb 2019

Algoma Conveyor Heading for Canada

Image: Algoma Central Corporation

The provider of marine transportation services Algoma Central Corporation announced that the recently completed Algoma Conveyor, the third Seawaymax Equinox Class 740’ self-unloading dry-bulk carrier, has begun its delivery voyage from China to Canada.The vessel began its two month journey home, departing the Yangzijiang shipyard on February 16, 2019.After taking fuel in the Philippines the vessel will cross the Pacific Ocean, travelling through the Panama Canal and from there will make its way to Canada.

18 Feb 2019

Two Bangladeshi Workers Killed in Shipbreaking Yard

Pic from NGO Shipbreaking Platform video

Two Bangladeshi workers were killed Monday in a fire that started in the engine room of an end-of-life tanker being dismantled at a shipbreaking yard in Chittagong, Bangladesh, the NGO Shipbreaking PlatformMd Jamil, 23 years old cutter man, and Bipul lost their lives while scrapping the ship GREEK WARRIOR (IMO 9191412) at Shagorika Ship Breaking Yard. According to local media, Jamil was burned and rushed to Chittagong Medical College Hospital. He died before reaching the hospital.

17 Feb 2019

KHI Delivers New LNG Carrier

Image: Kawasaki Heavy Industries

Japanese manufacturer Kawasaki Heavy Industries (KHI) delivered the Shinshu Maru, a 177,000 m3 capacity liquefied natural gas (LNG) transport vessel for use by Trans Pacific Shipping 7 Limited.Trans Pacific Shipping 7 is a joint venture between JERA Co., Inc. and Nippon Yusen Kabushiki Kaisha (NYK Line)."This large-scale LNG carrier is equipped with four independent Moss LNG tanks for a total cargo capacity of 177,277 m3. By increasing the LNG tank diameter to the maximum installable limit and utilizing stretched tanks…

17 Feb 2019

Panama Canal Appoints New Administrator

Ricaurte Vasquez. Pic: Florida State University

The Panama Canal Board of Directors announced the appointment of Ricaurte Vasquez as the next Panama Canal Administrator.According to a press note from the artificial 82 km waterway in Panama that connects the Atlantic Ocean with the Pacific Ocean, Vasquez will take office on September 4, 2019, succeeding current Administrator Jorge L. Quijano, who concludes his seven-year term at the helm of the waterway.The decision was made by the Board of Directors in accordance to an independent…

03 Feb 2019

Maersk Container Ship Fire

Pic: Maersk Line

A fire broke out in the engine room on board Maersk’s Panamax containership Olga Maersk last week. The incident happened while the vessel was en route from Panama to Cartagena.An official press release from the operator of the ship Hamburg Süd said: "We regret to advise that on January 29th a fire in the engine room on board the vessel “Olga Maersk” was reported while the vessel was on route from Panama to Cartagena. All crew on board the vessel are safe and accounted for."The fire…

31 Jan 2019

Turkey Consents to Ship Recycling Convention

Pic: International Maritime Organization (IMO)

Turkey, one of the five major ship recycling countries in the world, has ratified the International Maritime Organization (IMO) Hong Kong Convention, the treaty for safe and environmentally sound ship recycling.The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009, covers the design, construction, operation and maintenance of ships, and preparation for ship recycling in order to facilitate safe and environmentally sound recycling…

31 Jan 2019

Ice and Easy: The next level of hybridization

MS Viikki: the world’s first LNG-fueled bulk carrier (Photo: Yaskawa Environmental Energy / The Switch)

The demanding conditions of the Baltic Sea and the Gulf of Bothnia are plain sailing for MS Viikki, the world’s first LNG-fueled bulk carrier. The solution, built around WE Tech’s variable frequency drive technology WE Drive and The Switch direct drive permanent magnet shaft generator, helps the vessel achieve Ice Class 1A propulsion, while still slashing fuel consumption, costs and emissions. It is a game-changer for ice-class operations.Demanding high standardsESL Shipping is…

27 Jan 2019

Port NOLA Sets Container Record in 2018

 Pic: The Port of New Orleans

The Port of New Orleans (Port NOLA) moved more containers in 2018 than at any time in its history, totaling 591,253 twenty-foot equivalent units (TEUs), up 12.3 percent compared to one year ago.The deep-draft multipurpose port at the center of the world's busiest port system -- Louisiana's Lower Mississippi River said in a press release that the record marks the fifth year in a row Port NOLA has surpassed the half million TEU-mark at its Napoleon Avenue Container Terminal, which…

26 Jan 2019

India: Seafarer Jobs Growth whopping 42.3%

Pic: Directorate General of Shipping, India

The last four years saw an unprecedented growth of 42.3 per cent shipboard jobs for Indian seafarers.The seafarers employed on ships worldwide increased from 108446 in 2013 to 154349 in 2017.India now provides 9.35 per cent of the global seafarers and ranks third in the list of the largest seafarer supplying nation to the world maritime industry."The Ministry of Shipping has strived to improve employment generation in the Shipping sector during the last four years," said Union Minister of State for Shipping Mansukh Mandaviya.He further added…

21 Jan 2019

Monjasa Moves Bunker Tanker to Panama

Image: Monjasa

Danish bunker group Monjasa has transferred a ship from West Africa to Panama, where it carried out its first fuel supply off the coast of Balboa."As part of a fleet reshuffle, Accra arrived in Panama after forming part of Monjasa’s West Africa bunker operation. The tanker fast received all safety and operational approvals from the Panama Maritime Authorities and completed her first fuel supply at Balboa Anchorage on 18 January," said a statement from the marine fuels supplier.Accra is a 2010-built and 8,800 dwt tanker.

14 Jan 2019

MSC Cruises Begins First Round the World Relay Race at Sea

 Image:  MSC Cruises

The Swiss-based cruise company MSC Cruises  has waved ‘bon voyage’ to MSC Magnifica as the final guests embarked today in Barcelona for the Company’s first world cruise.For many, the idea of seeing the world is just a dream, but a world cruise is an easy way to make this dream a reality, and the only way to circumnavigate the globe without having to unpack a suitcase more than once! On this first world cruise, MSC Cruises guests will visit 49 different destinations, checking off 32 countries from their bucket lists.From the Mediterranean…

07 Jan 2019

Six Killed as Cargo Ship Sinks Off Turkey's Coast

Pic: Turkish Navy

A cargo ship sank in rough waters off Turkey's Black Sea coast on Monday, killing six crew members including its captain, officials and media reports said.Seven other crew members were rescued  by Turkish Coast Guard teams after a Panama-flagged vessel sank in the Black Sea off Turkey's northern Samsun province.According to a statement released by the Interior Ministry, coastguard teams were dispatched off 77 miles Samsun after receiving a distress call from the Volgo Balt 214.Thirteen crew members…

07 Jan 2019

Two Dead as Bulker in Distress in the Black Sea

Two people died and another four were missing on Monday after a ship carrying coal sent a distress signal off the northern coast of Turkey, the coast guard and the local governor's office said.The Panama-flagged vessel, which departed from Russia's Azov port, sent out a distress signal around 148 kilometers (92 miles) off the northeastern Black Sea province of Samsun, the coast guard said.Thirteen crew members were on the bulk carrier including nine Ukraine nationals, two Azerbaijan nationals and two Russians, the Samsun governor's office said.The coast guard said the distress signal was received regarding a "possible sinking" of the ship.Seven members of the crew had been rescued so far while a search and rescue operation continued for the other four, the coast guard said.

03 Jan 2019

Moore Stephens: Leaner, Greener Shipping Will Attract Investment in 2019

Richard Greiner (Photo: Moore Stephens)

Accountant and shipping adviser Moore Stephens says shipping will continue to attract investors in 2019 if it fulfills its ESG (environmental, social and governance) responsibilities.In the latest issue of Bottom Line, the Moore Stephens shipping sector newsletter, Richard Greiner, a partner in the firm’s Shipping & Transport team, says, “It has been suggested that the future is very much like the present, only longer. Should that prove to be the case for the shipping industry…

03 Jan 2019

Imabari Confirms Newbuilding Order for 12 Container Carriers from Evergreen

Anchor Chang / Chairman of Evergreen Line & Yukito Higaki/President of Imabari. Image: Imabari Shipbuilding

Japanese ship building marine engineering and service company Imabari Shipbuilding, with the cooperation of Marubeni Corporation,has secured a newbuilding order of twelve units of 11,000TEU Container Carriers for Evergreen Line, Taiwan.Having dimensions of about 334m in length with about 48.4m breadth service speed in about 23 knots, loading capacity is over 11,000TEU, said a press release."Like our other Ultra large-size containers with track record, this Vessel is adopted with eco-friendly hull form design and Twin-Islander enhancing more loading capacity to compare with our former design…

02 Jan 2019

MSC Zoe Begins Clean-up Ops

Pic: MSC

MSC Mediterranean Shipping Company has started a clean-up operation in response to a substantial spill of containers in the North Sea.The Panama-registered MSC Zoe shed 270 containers containing mostly toys, furniture and auto spare parts while battling a storm off the Frisian Islands, an archipelago off the northwestern Dutch coast also known as the Wadden Islands."The cargo ship MSC Zoe encountered heavy weather while sailing toward Bremerhaven, Germany, on 2 January. Unfortunately…

27 Dec 2018

Great Ships 2018: BP's British Partner

Photos: BP Shipping

BP Shipping took delivery of British Partner, the first of a half dozen new 173,400 cu. m. capacity liquefied natural gas (LNG) carriers to be delivered through 2018 and 2019 from the DSME shipyard in South Korea. BP Shipping, which launched a fleet rejuvenation program in 2016 that includes 32 new vessels for delivery over a three-year period, said the six new Partnership class ships will increase its ability to transport LNG in emerging new markets, such as Pakistan, Jordan, Egypt and Bangladesh, in addition to established markets, such as India, China, the U.S.

17 Dec 2018

Simulation Exercises on Port Security in Panama

Pic: International Maritime Organization (IMO)

Simulation exercises are proving to be a valuable tool to assist countries and port authorities to prepare for a wide range of potential threats and security situations.According to a press release, an interactive port facility/port security officer workshop in Panama City, Panama (13-14 December) presented a series of possible scenarios which were deliberately varied, from the easiest problems to solve, to others that may require greater participation and analysis to reach a solution.Participants discussed needs…

18 Dec 2018

Top 10 Ships of 2018: #1 - Diamond Gas Orchid

Diamond Gas Orchid. Photo: Mitsubishi Shipbuilding Co.

The first Sayaringo STaGE type LNG carrierMitsubishi Shipbuilding Co., Ltd. (MHIMSB) delivered the first Sayaringo STaGE type liquefied natural gas (LNG) carrier, named Diamond Gas Orchid in June, 2018. The Sayaringo STaGE, which was developed based on MHIMSB's cutting-edge technology, has a continuous cover over the cargo tanks, a feature inherited from its predecessor the “Sayaendo”, and while keeping this merit, incorporates apple-shaped MOSS-type cargo tanks and a twin-shaft hybrid propulsion system “STaGE” plant, enhancing economic efficiency, environment friendliness, and versatility.

14 Dec 2018

Moody's Rated Panama Canal with Stable Outlook

Pic: Panama Canal Authority

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.

14 Dec 2018

LPG Carrier "Laurel Prime" Christened at MHI

Laurel Prime  (Photo: Mitsubishi Shipbuilding)

Mitsubishi Shipbuilding Co.held a christening ceremony for a liquefied petroleum gas (LPG) carrier currently under construction for Astomos Energy Corporation. The christening ceremony was held at the Koyagi Plant of MHI's Nagasaki Shipyard & Machinery Works for the ship named “Laurel Prime” by Seiya Araki, president of Astomos Energy Corporation.NYK has traditionally given LPG carriers two-word names that begin with the letters “L” and “P” respectively. This ship was named Laurel Prime with the wish that it will represent superior achievement and honor…

13 Dec 2018

Brazil’s Itaqui Port and Panama Canal Sign MOU

Photo: Panama Canal Authority (ACP)

The Panama Canal has signed a memorandum of understanding with the Port of Itaqui to promote the shipment of grains and other cargoes in the commercial route from Brazil through the Panama Canal to destinations located in the Pacific Ocean.Itaqui, located in São Luís, Maranhão, is the Brazilian port closest to the Panama Canal. It  has the infrastructure and connectivity necessary to move these exports to markets in Asia."With this agreement, the Panama Canal looks to promote…

Maritime Reporter Magazine Cover Feb 2019 - Ferry Builders

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’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.

Subscribe
Maritime Reporter E-News subscription

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

Subscribe for Maritime Reporter E-News