Products News

28 Jan 2020

Liebherr Celebrates 50 Years in the USA

Photo: Liebherr

This year Liebherr in the U.S. is celebrating 50 years as a manufacturer in North America.Liebherr has been producing and supplying construction machinery and other technically advanced, user-oriented products and services in the U.S. since 1970. The manufacturer sells and distributes products throughout its own locations and through an independent distribution network.Throughout 2020, Liebherr will focus on 10 innovative product divisions across the U.S. in addition to its commitment to the success of customers…

28 Jan 2020

Vessel Grounds in the River Danube

© Picsa / Adobe Stock

Shipping on the river Danube was blocked in northern Bulgaria on Tuesday after a Ukrainian vessel ran aground because of low water levels, the Bulgarian maritime agency said.Efforts were being made to remove the Ukrainian ship as 15 other vessels were being held up because of the incident, near the town of Belene, an agency official said. No information was available on what cargoes those vessels were carrying.Bulgarian authorities said the Ukrainian vessel's captain would be fined for not complying with a 22-decimetre depth restriction.

27 Jan 2020

Sri Lankan Supercar's Journey in Maersk

Image: A.P. Moller - Maersk

The  container logistics company A.P. Moller - Maersk has embarked on a journey that covers the end-to-end logistics of first-ever Sri Lankan made electric supercar Vega EVX that will be unveiled at the Geneva Motor Show 2020 later this year in March.The car built in Colombo, started its journey from the Vega Innovations workshop in the heart of the city and is currently en route Port Rotterdam in the Netherlands from where it will continue all the way to Geneva, Switzerland.Maersk…

27 Jan 2020

Delta 'T' Equips Governors Island Ferry

(Photo: Delta "T" Systems)

Governors 1, a 400-passenger ferry built by Blount Boats delivered in 2019, provides service between Lower Manhattan and Governors Island, a park-like respite .5 nm away from the bustle of New York City.The 132' x 40' Governors 1 has dual 800 hp engines, so maintaining optimal air pressure and temperature is critical for peak performance and efficiency. Adequate airflow is also essential for crew comfort and safety.Specified by naval architecture and marine engineering services firm Glosten…

26 Jan 2020

Hamburg Port Defends Service Losses

CMA CGM ships in Waltershofer harbour © HHM / Dietmar Hasenpusch

Germany's largest port, the Port of Hamburg not expecting reduction in container throughput caused by liner service changes announced by Ocean Alliance and Maersk.From April, the Ocean Alliance NEU 5 service handled by EUROGATE Container Terminal Hamburg – CTH is being transferred to Antwerp, said a press release from the a sea port on the river Elbe in Hamburg, Germany, 110 kilometres from its mouth on the North Sea."This service will be run by the Ocean Alliance Partner, CMA CGM as FAL 3 with an approximate annual volume of 150…

22 Jan 2020

Indian Navy Signs MoU for Offshore Data with GSI

Photo: PIB

Indian Navy has signed a memorandum of understanding (MoU) with Geological Survey of India (GSI) for ‘sharing of seabed sediments data, products and expertise for Naval application in meteorology and oceanography’.The MoU was signed on 21 January 2020 between Commodore AA Abhyankar, who heads Indian Navy’s Oceanology and Meteorology Directorate and Shri N Maran, Deputy Director General of GSI.GSI’s Marine and Coastal survey Division based at Mangaluru has mapped most of India’s…

19 Jan 2020

Aas Mek Contracts PG for Wellboat Pumps

Image: Aas Mekaniske Verksted

Norwegian shipbuilder Aas Mekaniske Verksted has awarded pump and liquid handling specialist PG Flow Solutions a contract to deliver pump systems to a wellboat the shipyard is building for Brønnbåt Nord AS.The wellboat to Brønnbåt Nord Lofoten is newbuild number 207 from Aas Mekaniske Verksted. During the past year, the shipyard awarded similar contracts to PG Flow Solutions for newbuilds 204, 205 and 206 too.“2019 was a very good wellboat year for us, largely because Aas Mek has been very successful in this segment.

19 Jan 2020

Oakland Container Volumes Down 1.8% in 2019

Image: Port of Oakland

The container ship facility located in the San Francisco Bay, Port of Oakland 2019 container volume decreased 1.8 percent from 2018. The Port attributed the decline to fewer empty containers but said loaded import and export containers were at a record high.Oakland handled the equivalent of 2.5 million 20-foot containers (TEUs) in 2019 versus 2.55 million in 2018. The Port attributed the dip to a 13 percent drop in empty container handling.On the other hand, export volume increased 3.7 percent last year, the Port said. Imports were up 1 percent.

17 Jan 2020

US Refiners Grab HSFO on Back of IMO 2020

© Fotos von Schiffen / Adobe Stock

U.S. refiners are scooping up cheap high-sulfur fuel oil for processing from Russia and the Baltic states as they take advantage of new shipping rules that have cut demand for the dirtier marine fuel, according to oil traders and shipping data.U.S. refiners Valero Corp, Chevron Corp and Phillips 66 have been buying HSFO, traders said, taking advantage of their complex operations to turn HSFO blended with crude oils into products like diesel, gasoil and gasoline.This month, 2.2 million tonnes of fuel oil…

16 Jan 2020

Kawasaki Delivers Newbuild Bulker

Image: Kawasaki Heavy Industries

Japanese shipbuilder Kawasaki Heavy Industries  (KHI) has delivered the bulk carrier FJ Viola, with a capacity of 61,000 DWT, for F.J.Lines Inc. at the Dalian Cosco KHI Ship Engineering Co., Ltd. (DACKS).DACKS is located in Dalian City, China and operated jointly with China Cosco Shipping Corporation Limited.According to a press release from KHI, The vessel has a flush deck with a forecastle and five holds that are designed for optimum transport of grains, coal, ores and steel…

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.

15 Jan 2020

China to Increase U.S. Soybean Imports

© Imago Photo / Adobe Stock

China will significantly increase imports of U.S. soybeans after the Phase 1 trade deal is signed, the Global Times reported on Wednesday, citing comments from a senior Chinese economist at a state think tank.Wang Liaowei, senior economist at China National Grain and Oils Information Center that is under the National Food and Strategic Reserves Administration, also told the paper that imports of U.S. products such as pork and cotton could also see a jump following the signing of the trade deal. (Reporting by Se Young Lee and Stella Qiu; editing by Louise Heavens)

14 Jan 2020

TORM Secures $496M for Debt Refinancing

Image: TORM

Denmark-based product tanker company TORM has obtained a commitment for a total of USD 496 million from a syndicate of lenders to refinance its debt and bolster its capital structure.The carrier of refined oil products said the total amount is a combination of two separate term facilities and a revolving credit facility, which will be used to refinance the company’s debt covering a total of USD 502 million.Following the refinancing, TORM does not have any major debt maturities until 2026 which supports TORM’s strong capital structure…

14 Jan 2020

Trelleborg Acquires Signum Technology

Photo: Trelleborg

Trelleborg has acquired Signum Technology Ltd. The acquisition of Signum and its subsidiary companies Gall Thomson, KLAW LNG, KLAW Products, and Vee Bee Filtration., provides safety-critical solutions for flow control applications, including Marine Breakaway Couplings (MBCs) and safety solutions for LNG transfer systems.The move is part of Trelleborg’s strategy to strengthen its position as a system provider in oil and gas market segments, such as ship-to-ship and ship-to-shore LNG transfer.Signum Technology is headquartered in Wiltshire…

12 Jan 2020

TMC Develops ALS Compressors

Image: TMC Compressors of the Seas (TMC)

TMC Compressors of the Seas is launching a new range compressors designed to work air lubrication systems (ALS) for the shipping and offshore industries to help ships further reduce fuel consumption and emissions to air.The Norway-based supplier of compressed air systems for marine and offshore use said in a press note that the air lubrication system is a method used to reduce the resistance between the ship’s hull and seawater by using air bubbles. The air bubble distribution across the hull surface reduces the resistance working on the ship’s hull…

10 Jan 2020

USACE Memphis District Dredging Wraps Up

The Inland Dredging Company’s cutterhead dredge Integrity, along with one of its small tugboats, works to dredge the Memphis Harbor/McKellar Lake, which was the last of 10 harbors dredged in the Memphis District during 2019. (Photo: USACE/Jessica Haas)

The Memphis District U.S. Army Corps of Engineers has several missions associated with the Mississippi River. One of the most important is to keep the river channel at a depth that allows the river barge industry to dependably transport goods up and down the river.To deliver on this charge, the Memphis District awarded a contract/task order in the amount of $7,987,200 to the Inland Dredging Company in April of 2019. On Dec. 23, 2019, Inland Dredging Co. completed all work with a total of 1…

08 Jan 2020

NOx Control: Should Certain Vessels Get a Break?

(Credit: MAN)

When it comes to the EPA’s recent proposed delay to implementation of Tier 4 marine diesel engines ‘in certain high-speed commercial vessels,’ where you stand probably depends on where you sit.On September 6, the U.S. Environmental Protection agency (EPA) proposed to delay implementation of Tier 4 marine diesel engines “in certain high-speed commercial vessels.” Specifically; EPA mentions three kinds of vessels: lobster boats, pilot boats and a third, more open-ended reference to “other high-speed vessels,” possibly including hovercraft.

07 Jan 2020

USCG, ABS Approve Wireless Helm System for ATBs

The Sea Machines SM200 Wireless Helm System (Image: Sea Machines)

U.S.-based autonomous marine systems developer Sea Machines announced on Tuesday that it has received class and regulatory approval to install its commercial wireless helm system aboard a class of U.S.-flag tugboats that support articulated tug-barge (ATB) sets, marking an industry first in wireless vessel control.The U.S. Coast Guard (USCG) and American Bureau of Shipping (ABS) approval for Sea Machines’ SM200 follows a review of the Boston-based company’s technology and the system’s applications aboard ATB tugs, deeming the system satisfactory for shipboard installation and trials.

06 Jan 2020

KHI Delivers Bulk Carrier Amis Treasure

Image: Kawasaki Heavy Industries Ltd.

Japanese shipbuilder Kawasaki Heavy Industries Ltd. announced that it delivered the bulk carrier Amis Treasure, with a capacity of 61,000 DWT  for Trobrian Wisdom SA.The delivery happened at the Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS), which is located in Dalian City, China and operated jointly with China COSCO Shipping Corporation Limited (China COSCO Shipping).The vessel has a flush deck with a forecastle and five holds that are designed for optimum transport of grains, coal, ores and steel products.

06 Jan 2020

ShipServ Appoints Hyldahn as CEO

Henrik Hyldahn (Photo: Shipserv)

ShipServ has appointed Henrik Hyldahn as its new CEO, effective January 1, 2020. Hyldahn was previously ShipServ’s Chief Solutions Officer. He replaces CEO Kim Skaarup, who will join the company's board as Vice ChairmanAs new CEO, Hyldahn will prioritize driving further collaboration with customers and partners, as well as seizing the opportunity to capitalize on the significant advancements in digitalization within the maritime industry. A key component of this will involve leading…

05 Jan 2020

HMD Confirms Evergreen Boxship Order

Image: Hyundai Mipo Dockyard (HMD)

South Korean shipbuilder Hyundai Mipo Dockyard (HMD), a unit of Hyundai Heavy Industries (HHI), has confirmed the KRW 110 billion ($100m) newbuilding order for four units of 1,800 TEU container carriers from Taiwanese shipping line Evergreen Marine Corporation.The world's No. 1 shipbuilder specializing in medium-sized ships such as product/chemical tankers, car carriers, LPG & LNG carriers, and asphalt carriers, said that The vessels, each of which will have a length of 172 meters…

03 Jan 2020

For Fireboats, The Heat is On

(Credit: Metal Shark)

These days, cost-conscious municipalities across the fruited plain, from sea to shining sea, are ordering new waterborne assets to cover their many local responsibilities. When they do, they want ‘more bang for their buck,’ combining multiple missions – and the equipment that makes it all possible – onto one hull. That’s a tall order on the typically compact patrol boat style hulls that tend to be big on performance, but short on space for equipment that can demand a significant physical footprint.

03 Jan 2020

Venezuela Alters Oil Royalty Formulas, Driven by IMO 2020

© Parilov / Adobe Stock

Venezuela has changed the formulas for calculating royalties energy companies pay the government to remove references to fuel oil and some crude grades, driven by stricter rules governing marine fuel emissions, according to a document seen by Reuters.A ban by the United Nations shipping agency, the International Maritime Organization (IMO), on the use of fuels with a sulfur content above 0.5%, aimed at reducing pollution, has roiled oil markets and caused price volatility for…

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