Maritime Industry Top News
Mercury Levels in Fish on the Rise
Warming oceans are leading to an increase in the harmful neurotoxicant methylmercury in popular seafood, including cod, Atlantic bluefin tuna, and swordfish, according…
Wilhelmsen Bags Stove Shipping Contract
Norway-based Wilhelmsen Ship Management (WSM) announced that we have been selected as the technical manager for the Stove Shipping AS (Stove) vessels, Stove Friend…
China Launches Intermodal to Hungary
A new freight train service has been launched linking Jinan, capital of east China's Shandong Province, and Budapest, capital of Hungary, making it the newest China…
HII Announces Leadership Changes At Shipyards
Huntington Ingalls Industries announced today leadership changes at its Ingalls Shipbuilding and Newport News Shipbuilding divisions.Premo Sabbatini has been promoted to vice president of central planning and process excellence at Ingalls Shipbuilding. He succeeds Rick Spaulding, who has accepted a position as vice president of business process standardization at Newport News Shipbuilding.Sabbatini will transition from Ingalls’ amphibious assault ship (LHA) program…
HRH The Princess Royal becomes Patron of BOAM Campaign
The charity behind the campaign to build the UK’s national memorial to the Battle of the Atlantic in Liverpool has announced that HRH The Princess Royal, has become its Patron.In a letter to the campaign Her Royal Highness said:“The Battle of the Atlantic, a six-year long campaign, was enormous in its scale, both geographically and logistically. In total over 100,000 people lost their lives in this epic struggle between the convoys and the U Boat packs.
Norsepower’s Rotor Sail on Hybrid Ferry
Ferry operator Scandlines has announced that it has signed an agreement with Norsepower Oy Ltd, leading clean technology and engineering company pioneering modern wind propulsion technology, to install Norsepower’s Rotor Sail Solution on board the M/V Copenhagen, a hybrid passenger ferry.Operating between Rostock in Germany and Gedser in Denmark, the M/V Copenhagen belongs to the world’s largest fleet of hybrid ferries, which combines diesel and battery power.
BIMCO: US Soya Bean Exports - Up or Down?
The trade war has brought increased attention to the soya bean trade between the US and China with 2019 offering conflicting narratives. On one hand, soya bean exports to China in the first six months of 2019 are up 10.9% compared with the first half of 2018, while on the other, exports to China in the 2018/2019 marketing year are down 68.7%.With the 2019/2020 marketing year now just round the corner, this trade is unlikely to return to pre-trade war levels.
63 Begin Apprenticeship at Hapag-Lloyd
At the beginning of August, 63 young colleagues began their apprenticeship program at Hapag-Lloyd.Thirty of them are learning the typical seafaring jobs like ship mechanic, nautical officer or technical officer, while the other 33 are training to become shipping merchants or to work in office management and in the areas of transport and logistics. In addition, 11 dual-track students are beginning their studies with Hapag-Lloyd.
Iberdrola Sells Stake in East Anglia One to GIG
Spanish public multinational electric utility company Iberdrola has entered into an agreement with Green Investment Group (GIG), part of Macquarie Group, to sell…
Tekmar Bags Formosa 1 Phase 2 Gig
UK-based Tekmar Energy has been selected as the cable protection system (CPS) and hang off supplier for the 120-MW Formosa I Phase II offshore wind project in Taiwanese…
ICTSI Posts Strong H1
Philippines-based international container terminal operator ICTSI has reported a massive increase in profit and a substantial increase in revenues for the first…
Cruise Ships Dump 90% of Grey Water in BC
1.54 billion liters of grey water were generated by ships off the British Columbia coast in 2017 - the equivalent of more than 600 Olympic-size swimming pools, said…
UNHCR Urges Europe to Allow Immigrants to Dock
The United Nations High Commissioner for Refugees (UNHCR) has sent an appeal to the European governments to allow 507 people recently rescued from the Mediterranean…
Hepburn to Provide RAS for Canada’s JSS
Toronto-based naval technology company Hepburn Engineering has won a contract to provide Replenishment-at-Sea (RAS) systems for the Royal Canadian Navy’s new Joint…
DHT Holdings Bags 3-Year Time Charter
Bermuda-based crude oil tanker company announced that it has entered into a three year time charter with a leading refining company for one of its 2012 built very…
UAE Presence Grows in the Maritime World
Over recent years the United Arab Emirates has emerged as an important maritime hub with grand ambitions. Mark Venables visited the region to discover what is driving that growth.When the UAE was elected to the IMO Council as a Category B member, it immediately raised its profile within the maritime community. The Emirates have taken a significant step forward in the maritime world.Despite this success, the region remains a challenging market for shipping and logistics.
Baltic Index at 2-week High on Capesize, Panamax Strength
The Baltic Exchange's main sea freight index climbed to a near two week high on Tuesday propelled by strong demand across capesize and panamax vessel segments.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, gained 90 points, or 5.1%, to 1,864 points, a high since July 31.The capesize index added 188 points, or 5.8%, to 3,454 points, its highest in more than a week. Average daily earnings for capesizes…
DNV GL's ShipManager for Saipem 7000
Saipem, a energy and infrastructure solution provider, is implementing DNV GL’s hull planned maintenance system, ShipManager Hull, based on 3D digital twins of crane and pipelaying vessels.DNV GL will supply its advanced software, ShipManager Hull, for implementation on five vessels of the Saipem fleet. It will start with Saipem 7000, one of the world's largest crane vessels with a lifting capability of 14,000 tonnes at 42 meters.
U.S.-Flag June Laker Cargo Up 2.3 PCT
U.S.-flag Great Lakes freighters (lakers) moved 9.9 million tons of cargo in June, an increase of 2.3 percent from a year ago. The June float was, however, a near mirror image of the month’s 5-year average.Iron ore cargos for steel production totaled 5.1 million tons, an increase of 10.5 percent from 2018, but a 7.6 percent decrease from June’s 5-year average. Coal loads totaled 1.3 million tons, a…
Wallem Introduces Collaborative Inboxes
Wallem Group is introducing collaborative inboxes to its agency business line, in a move designed to enhance responsiveness in communications by overcoming the limitations of conventional end-to-end email. The rethink on how communication takes place between Wallem’s agents and its counterparties is part of a broader digital transformation championed by CEO Frank Coles aimed at streamlining interactions…
