Maritime Industry Top News
Tanker Demand Weakens, Says Euronav
Demand forecasts in the tanker sector have weakened modestly over 2019 with the three core agencies (IEA, EIA and OPEC) cutting 2019 demand growth forecasts from 1.4m bpd to 1.2m bpd…
U.S. LPG Exports Grow by 22%: Dorian LPG
U.S. liquefied petroleum gas (LPG) exports have grown year-over-year by 22% to 22.5 million tons year-to-date (YTD) and Middle East exports have grown on the same basis 3.5% to 22.6 million tons…
CSL Launches 2 Ro Pax Vessels for IWAI
India's Cochin Shipyard Limited (CSL) has launched two Ro Pax vessels designed and built for Inland Waterways Authority of India (IWAI).The vessels launched at present…
Grindrod Takes Delivery of Ultramax
Grindrod Shipping Holdings announced that it took delivery of the IVS Okudogo, the first of the two owned ultramax “eco” newbuildings that the Company agreed to…
China Trade Data Calms Jittery Investors
Stronger-than-expected Chinese export data helped push global stock markets higher on Thursday following a volatile week that had investors scrambling for safety on fears of a worldwide economic pullback.Investors were encouraged by data showing Chinese exports rose 3.3% in July from a year earlier, beating an expected decline of 2%. Chinese imports fell less than forecast, despite the U.S.-China trade…
Armstrong Marine Delivers R/V to University of AK
The 40’ x 13’ research vessel Nanuq recently entered service for the University of Alaska Fairbanks College of Fisheries and Ocean Sciences. In a competitive solicitation process last year, the University selected Armstrong Marine’s proposal to design and build the vessel.Nanuq is customized for research and teaching operations. The monohull features 28 – 32 knot cruise speed, hydraulic A-frame, overnight accommodations for five…
Baltimore CBP Hits Agriculture Threat Trifecta
CBP Intercepts Five Destructive Asian Gypsy Moth Egg Masses on Three Vessels.According to the U.S. Department of Agriculture (USDA), Asian Gypsy Moths are one of the most destructive insect pests in the world. They are not known to occur in the United States, yet they are knocking on our doorsteps. Three recent U.S. Customs and Border Protection (CBP) interceptions in Baltimore prove how hard CBP agriculture…
ABS Appoints Global Head of Cyber Security
ABS has appointed well-known cyber expert Ian Bramson as its Global Head of Cyber Security. In this role, Bramson will lead the development of a cyber security risk reduction program to meet increasing demand for improved control and visibility of cyber risks.Bramson has helped organizations solve cyber-related business challenges, such as managing the convergence of information technology with operational technology (OT), supporting risk management and enabling digital transformation.
HII Announces Leadership Changes
Huntington Ingalls Industries announced leadership changes for its Newport News Shipbuilding division.Damon Saetre has been promoted to vice president of integrated planning and production control. In this role, he oversees all direct planning, supply chain planning and production control functions across the organization. This includes leading the Navy program work plans, as well as workforce and capacity planning.Saetre…
Retail Imports at Near-Record Levels Despite Tariffs
Imports at the nation’s major retail container ports are expected to continue at near-record levels this month and the remainder of the year despite a new round of tariffs on goods from China, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.“Even with virtually everything American imports from China soon to be subject to tariffs…
Helm Partners with ACTion for subM Compliance
Helm Operations and the ACTion group of Channelview, TX have signed a new partnership agreement to help inland marine companies address the challenges of SubM and implement new software to reduce the costs of compliance. As part of the agreement, the ACTion group will begin offering safety management services via Helm CONNECT and provide consulting and training to companies moving to the industry standard platform.Based in Channelview…
Coast Guard Responds to Collision near Oahu
The Coast Guard responded to a reported collision of two vessels approximately 20 miles southeast of Oahu, Wednesday.The commercial fishing vessel, Helen, reportedly collided with the Italian-flagged Liquid Propane Gas tanker, Pertusola, carrying 2,300 metric tons of propane reportedly collided.At 1:52 p.m., Sector Honolulu watchstanders received a report from the vessel Helen’s captain via VHF radio channel 16 of the incident.The U.S.
P&O Cancels Dubai, Gulf Voyages amid Iran Tensions
P&O Cruises has cancelled cruises around Dubai and the Arabian Gulf after Iran seized a British-flagged tanker in the region.Citing increased tensions, the company said it has cancelled its planned programme in the region from October until at least March next year and all guests be issued a full refund.Last month, Iran's Revolutionary Guards seized a British tanker, Stena Impero, near the Strait of Hormuz for alleged marine violations.
Marad: Send Gulf Transit Plans in Advance
The U.S. maritime agency has told U.S.-flagged commercial vessels they should send transit plans in advance to American and British naval authorities if they intend to sail in Gulf waters following several incidents over tankers involving Iran.The seizure of commercial vessels and attacks on tankers near the Strait of Hormuz have unsettled shipping lanes that link Middle Eastern oil producers to global markets.The United States…
James Fisher Acquires SM Continental
UK's marine engineering services provider James Fisher and Sons has acquired 60% of the share capital of Continental Participação E Administração, the holding company…
MMU Studies Floating Wind Stabilization
Academics from Manchester Metropolitan University (MMU) have won a grant to develop computer models to test the best methods to stabilize and control the motions…
Ferus Smit Launches Arklow Abbey
The Arklow Abbey was successfully launched at Shipyard Ferus Smit in Westerbroek, in Netherlands.M.V. Arklow Abbey is the first vessel in a series of six that will…
Nord Stream's Last Pipe Leaves Sweden Port
The last Nord Stream 2 pipe stored within the premises of the port of Karlshamn left the storage area. Russia’s Nord Stream 2 AG is the operator of the Nord Stream 2 gas pipeline project.Nearly 39…
Cruise, Ferry Seafarers Among the Unhappiest
The seafarers working onboard cruise ships and ferries rank among the unhappiest in the industry, said a study.Seafarer happiness levels across tanker, bulk carriers…
Jan De Nul Installs Cables for Formosa
The provider of specialized services for the offshore industry, Jan De Nul Group said that its cable laying vessel Willem de Vlamingh has completed installation…
