Maritime Industry Top News
Vietnam Protests Chinese Live-firing in South China Sea
Vietnam on Tuesday issued a strong condemnation of Chinese military live-fire exercises in the disputed South China Sea, amid rising tension between the two countries.
Baltic Index Posts Best Day in Three Weeks
The Baltic Exchange's main sea freight index, which tracks rates of ships carrying dry bulk commodities, posted its best day in nearly three weeks on Tuesday, helped by higher rates for all vessel types. The index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, ended up 28 points at 1,215. The 2.36 percent rise was its biggest one-day gain since Aug. 17. The capesize index gained 70 points, or 3.12 percent, to 2,313 points.
Full-electric Autonomous Ferry Concept Launched
KONGSBERG said it has signed a Research & Innovation (R&I) contract with technology acceleration organization PILOT-E for the development of zero emission, full-electric, autonomous ferry concepts. The overall vision for the PILOT-E Autonomous Ferry concept is to develop a state-of-the-art ferry as an integrated, zero emission aspect of a total national transportation plan. The PILOT-E program, a collaboration between the Norwegian Research Councilā¦
Grieg Star Selects Sealink VSAT
Bergen headquartered Grieg Star has chosen Marlinkās Sealink VSAT Premium for its entire General Cargo Open Hatch fleet of 33 vessels. Operating on multiple routes worldwide, Grieg Starās ships will benefit from seamless, high bandwidth global VSAT services with unlimited L-band back up included in the fixed monthly fee, ensuring continuous availability of vessel and fleet efficiency enhancing applications.
TMS Tankers Selects Coldharbour Marine BWTS
U.K.-based Coldharbour Marine, a manufacturer of ballast water treatment systems based on inert gas technology, has reached an agreement with Greeceās TMS Tankers to retrofit its GLD BWT System.
ABB to Power the āAnti-cruise Shipā
ABB will provide the power and propulsion for the first in a series of vessels that mark Ritz Carltonās first foray into the maritime sector. The 190-meter long vessel has been dubbed the āanti-cruise shipā because it can accommodate just 298 passengers and is aimed at providing a more bespoke service than larger cruise ships. ABBās solutions will optimize energy efficiency and allow the vessel to be remotely monitored from shore.
Smart Ships: Inmarsat, Samsung Heavy Industries Partner
Satellite communications services provider Inmarsat said it has signed a Memorandum of Understanding (MoU) with shipbuilder Samsung Heavy Industries (SHI), establishing a relationship to leverage the āsmart shipā connectivity offered by Fleet Xpress at the vessel construction stage. The agreement envisages the South Korean yard installing Inmarsat-approved terminal hardware and offering applications to cover remote machinery diagnostics and CCTV servicesā¦
Qatar Touts New Port in Face of Sanctions
Qatar inaugurated a new $7.4 billion port along its Gulf coast on Tuesday that officials said would become a regional transport hub and help shield its economy againstā¦
Damen Launches Electrically-driven Dredge Pump
Damen Dredging Equipment has unveiled its new electrically-driven E-DOP pump, every bit as capable as its hydraulic predecessor first introduced to the dredging industry 25 years ago. The new, electrical DOP pump offers added versatility to be more applicable to even more projects. Damen Product Director Dredging, Olivier Marcus, said, āWhen Damen developed the DOP pump, over a quarter of a century ago, we did so with much collaboration from dredging contractors.
Irma Strengthens to a Category 5 Hurricane
Irma on Tuesday intensified into an extremely dangerous Category 5 hurricane on the Saffir-Simpson wind scale, the U.S. National Hurricane Center (NHC) said in its latest advisory.
Irma Barrels Toward Caribbean, U.S. Mainland
Hurricane Irma, a powerful Category 4 storm, plowed toward the Caribbean and the southern United States on Tuesday as islands in its path braced for possible life-threatening windsā¦
Vitol Signs Deal with Angola LNG
Angola LNG (ALNG) and Vitol, the worldās largest independent energy dealer, have entered into a multi-year LNG sales agreement. Under the agreement, ALNG cargoesā¦
NSB Adds 31 Ships
German ship manager NSB Group has added 31 new ships under its management. In the course of the new joint venture named PT Asia Marine Temas fleet of NSB grows up to 96 vessels in total.
MHI-MS, Jiangsu Masada Ink Boxship Crane Deal
Mitsubishi Heavy Industries Mechatronics Systems has concluded a licensing agreement with Jiangsu Masada Heavy Industries for the manufacturing and sale of hoseā¦
Campaign Focuses on Safety of Navigation
The two major Port State Control regimes ā Paris MoU and Tokyo MoU ā will focus especially on navigational safety in a so-called Concentrated Inspection Campaignā¦
CMA CGM Major Player in US Economy
The United States represent a major focus for the CMA CGM Groupās international development, said a press statement from the company. CMA CGM, in a blog said that to cover this huge marketā¦
APM Terminals Sells Paranagua Port Stake
APM Terminals announced the sale of its 5% share in Terminal de Contêineres de Paranaguá (TCP) to China Merchants Port Holdings. The share sale was initiated and led by Adventā¦
Port Security Training in Nigeria
A workshop in Lagos, Nigeria has helped train Nigerian officials in the necessary skills and knowledge to plan, conduct and assess security drills and exercises in their port facilities.
Shippingās Recovery May Not Lift Seafarer Wage Costs
Despite a recovery in cargo shipping markets, ship manning costs will remain suppressed as shipowners and operators continue to be financially challenged and the officer shortfall recedesā¦
Project to Eliminate Emissions at Norway Ports
Shore power and charging infrastructure could reduce CO2 emissions by as much as 12.5 million tonnes at ports in Norway every year ā this is one of the main conclusionsā¦
