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Coronavirus: Cargo Loss Prevention Measures
The pandemic has brought about sudden changes for cargo transportation, impacting shippers and transport companies around the world and potentially increasing the risk environment, particularly for high-value and temperature-sensitive goods. In a new risk bulletin AGCS highlights steps for cargo owners to consider when developing contingency plans.While in most cases initial government directives have established cargo transportation as an essential activity…
Wärtsilä Designs New Cruise Ships for Amundsen Expeditions
Wärtsilä said it has developed a customized design for up to six new luxury expedition cruise vessels for owner and operator Amundsen Expeditions, targeted primarily at the Chinese market.Wärtsilä, which booked the design order in the third quarter of 2019, said its in-house ship design team worked in close cooperation with Amundsen Expeditions to develop the concept. Each vessel will be capable of…
MetalCraft Delivers Patrol Boat to Port of LA
MetalCraft Marine has delivered a new patrol boat to the Port of Los Angeles. The new vessel is one of a new breed of chemical, biological, radiological and nuclear (CBRN) detection patrol boats.According to the builder, the bow entry is the critical design feature of all Interceptor models. Its high-speed rough water performance allows the operators to go offshore to inspect incoming ships before…
Fire Protection with Turbine
The Italian company EmiControls has been working on innovative fire protection solutions worldwide since 2011. With the FT10e water mist turbine, EmiControls has launched a product that gives companies more safety in the fight against fires. This is a brief Case Study of an FT10e installation at the Recycling Center Santini in Northern Italy.EmiControls develops stationary and mobile firefighting turbines.
Adm. Schultz Delivers State of the Coast Guard Address
U.S. Coast Guard Commandant Adm. Karl Schultz outlined his vision for the service Thursday during the State of the Coast Guard Address in Charleston, highlighting the organization’s top initiatives, accomplishments over the past year, and challenges facing the service today and on the road ahead.The 26th Commandant stressed the importance of America's marine transportation system and highlighted Coast…
Passenger Vessel Operator Fined for Reckless Operation
The company which owned Spirit of 1770, a passenger vessel that caught fire and burnt to the waterline with 42 paying customers and four crew members on board while…
Royal Caribbean Pledges 28 Ships as Collateral in $3.3 bln Bond Offer
Royal Caribbean Cruises on Wednesday launched a $3.3 billion bond offering, pledging 28 of its ships as collateral and forecast heavy losses for the first quarter as the COVID-19 pandemic brings the sector to a virtual standstill.Royal Caribbean, which was forced to suspend its cruises globally and cut about 26% of its U.S. workforce, said the health crisis has dented its first-quarter net income by about $453 million.The cruise operator’s shares…
B-QUA for Ballast Water Surveillance
The Government of Canada is testing aqua-tools’ B-QUA ballast water sampling and monitoring kit for possible use in the Canadian ballast water surveillance program. The program is being led a research scientist from Fisheries and Oceans Canada out of the Great Lakes Laboratory for Fisheries and Aquatic Sciences, in Burlington, Ontario. The research scientist leading the program was also involved in…
Shipbuilding: Container Ship Order Book Soars to New Heights
“At the end of 2024, the container ship order book was 8.3m TEU, a new record compared with the previous high of 7.8m TEU in early 2023,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.As 4.4m TEU were contracted during 2024, the second highest ever, the order book grew despite deliveries hitting a new record high of 2.9m TEU.“Making up 92% of the order book capacity, ships 8k TEU or larger dominate the order book.
Russia Boosts Seaborne Diesel Exports
Russia increased its sea-borne diesel exports by 12% month-on-month in March to 4.5 million tonnes, boosting shipments to other destinations after its products were banned from the EU market, Refinitiv data and Reuters calculations showed.A full EU embargo on Russian oil products went into effect on Feb. 5.Turkey remains the top destination for Russian diesel and gasoil supplies, with its shipments almost doubling last month to about 1.6 million tonnes…
Soybeans, Corn Fall on Improved US Crop Rating; Wheat Down for Third Session
Chicago corn and soybean futures slid on Tuesday after a weekly report from the U.S. government showed better-than-expected conditions for both crops.Wheat fell for a third consecutive session on increasing estimates for Russia’s production and exports.The most-active soybean contract on the Chicago Board of Trade (CBOT) lost 0.2% to $13.23-3/4 a bushel, as of 0401 GMT, and corn fell 0.7% to $4.84-1/2 a bushel. Wheat gave up 0.2% to $6.15 a bushel.Weekly condition ratings for the U.S.
Natural Gas as Bridge Fuel
Following a recent UN report on climate change mitigation, which laid out a raft of potential changes to the global energy system, headline writers concentrated on the massive shift to renewable energy outlined in the report. Douglas Westwood points out, however, there was also a notable shift in tone on natural gas. The UN report expressly talks about the potential for clean-burning natural gas to be used as a “bridge fuel”…
What Will COVID-19 Mean for US Offshore Wind?
What will COVID-19 mean for the offshore wind industry? An industry not yet spinning on its own.Epitomized by the roller coaster ride that defined the stock market over the last few weeks, unpredictability has emerged as one of the few certainties of the coronavirus disease 2019 (COVID-19) crisis. Every industry has seen the effects of the pandemic, from hospitality, to travel, and even to the renewable energy sector.
Jeff Bezos Invests in Digital Freight Forwarder Beacon
Amazon.com Inc Chief Executive Jeff Bezos has picked British startup Beacon, a digital freight forwarder, for his latest investment.Beacon said on Sunday it raised over $15 million in Series A fundraising, from investors including Bezos and venture capital firm 8VC.The startup, formed by two former Uber Technologies Inc executives two years ago, is already backed by Uber founders Travis Kalanick and Garrett Camp, along with former Google CEO Eric Schmidt.Beacon is also a supply chain finance fir
Chinese Demand Lifts Baltic Index to Record Weekly Gain
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry commodities around the world, posted its biggest weekly gain ever, underpinned by a rebound in global commodities trading as iron ore demand from China picked up.The 35-year old index, which reflects rates for capesize, panamax and supramax ships, has now surged nearly 300% since tumbling to a low of 393 points…
Volunteer Fire Department in Indiana Gets Its First Boat
A volunteer fire department in western Indiana has increased its capabilities to respond to incidents on lakes and waterways after getting an unexpected grant.The Bellmore Volunteer Fire Department purchased its first boat through funding from Marathon Pipe Line (MPL), a subsidiary of Marathon Petroleum’s midstream segment, MPLX.The department’s chief said he had considered budget cuts to make the…
Inside Project Perfect Storm
The latest high-tech rigid hull inflatable boat (RHIB) from Annapolis, Md. based boatbuilder Ocean Craft Marine (OCM), the 11.5-meter Offshore Interceptor, is the result of an innovation push involving some of the industry’s top players.“The design itself is an evolution of existing designs we've done, but taking it to the next level,” said Todd Salus, OCM vice president of operations. “It’s the latest and greatest innovation.”The company’s founder and CEO…
MAO to Support ACO Marine's Projects in Canada
ACO Marine has appointed a new distributor in Canada to help meet increasing demand in the region for wastewater treatment solutions capable of exceeding stringent environmental protection requirements. Ontario-based Marine and Offshore (MAO) Canada will provide sales and technical support across ACO Marine’s range of products, including the MEPC227(64) compliant Clarimar MF and Maripur NF biological sewage treatment plants.
CMMI, SPNM & ICS Focus on Container Weights
Three major maritime organizations, the Company of Master Mariners of India, the Institute of Chartered Shipbrokers and Shipping Professionals Network-Mumbai teamed…
Roll-iT Reacts to Growing Demand
Roll-iT from Stabroek, Belgium is a co-partnership of Aertssen Kranen (Aertssen Group) and Ivens Transport & Kraanbedrijf (Ivens Group), two players in the construction, transport and crane rental sectors. The company said it has been steadily acquiring more SPMT axle lines since 2007, and business is continuing to boom. “Last week was the busiest week since our start with SPMTs. For three of the five days, we had 168 axles on the move, of which 104 where rented to various parties.
