Maritime Industry Top News
Strike Disrupts Spanish Ports and Trade Routes
Some of Spain's biggest port terminals came to a standstill on Monday as shipping companies redirected cargos to avoid a dockers' strike. After months of talks between unions, companies and the Spanish government over a reform of port hiring practices, dockers held the first of several planned strikes to protest against possible job losses. Some container shipping firms such as Maersk re-routed boats destined for the southern port of Algeciras to get around the strikeâŠ
Baltic Index Down for 15th Straight Day
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, on Monday fell for the 15th straight session, hurt by weak rates across all vessel segments. The overall index â which considers rates for capesize, panamax, supramax and handysize shipping vessels â fell 9 points, or 1.08 percent, to 821 points, its lowest level in over three months. The capesize index shed 21 points, or 1.53 percent, to end at 1,353 points.
Boat Hits Cargo Ship in Lake St. Clair
The U.S. Coast Guard responded to reports of a collision between a 17-foot recreational boat and a 406-foot cargo vessel in Lake St. Clair approximately two miles offshore east of Grosse Pointe WoodsâŠ
Recent Vessel Sales: May 2017
Vessel sales for May 2017 (as of June 1) as prepared by Shipping Intelligence, Inc., New York.
Saudi, UAE Ports Bar Qatari Flagged Ships
Ports in Saudi Arabia and the United Arab Emirates' barred ships flying Qatari flags after the two countries broke off diplomatic ties with Doha, in a move thatâŠ
U.S. Natural Gas Prices Tumble as Coal Surges
U.S. natural gas prices have tumbled by more than 10 percent since late May as hedge funds start to liquidate a near-record bullish position accumulated in the expectationâŠ
Rosneft, Hyundai Samho Strengthen Technological Cooperation
Rosneft and Hyundai Samho Heavy Industries Co. Ltd. (HSHI) signed an agreement under which the South Korean company will provide technical support in the designâŠ
Belships Signs Ultramax Deal with Imabari
Belships ASA, a bulk ship operator and management company, has signed an agreement to charter in an Ultramax bulk carrier of 63,000 dwt to be delivered from Imabari Shipbuilding first half 2020.
Worldâs First Ice-breaking LNG Carrier Christened
The world`s first icebreaking liquefied natural gas (LNG) carrier was named Christophe de Margerie in St. Petersburg, Russia. Russiaâs President Vladimir Putin,âŠ
Panama Canal to Modify Tolls Structure
Panama Canal Authority (ACP) has published a proposal for modifications to its current tolls structure, signaling the beginning of a 30-day formal consultation period for industry feedbackâŠ
USS Nimitz, USS Shoup and USS Kidd Depart for Deployment
USS Nimitz (CVN 68), USS Kidd (DDG 100) and USS Shoup (DDG 86) departed their homeports of Naval Base Kitsap and Naval Station Everett, respectively, for a regularly scheduled deployment.
Combating Organized Crime at Sea
Skills necessary in dealing with maritime transnational organised crimes at sea, including, piracy, armed robbery against ships, drug trafficking, marine terrorismâŠ
Battery Pioneers AKASOL , ZEM Set Sail Together
The German expert for lithium-ion battery systems AKASOL and the Norwegian pioneer of maritime energy storage solutions ZEM have worked together on the development of AKAZEM.
Indian Maritime Associations Join Task Force
Concerned with declining market of Indian seafarers industry despite having high population in comparison to its rival countries, representatives of leading shippingâŠ
Submersible, Magnetic Robot Performs Hull Inspections
Canadian company Deep Trekker has launched a new inspection vehicle at Nor-Shipping 2017: the Deep Trekker DT640 Utility Crawler, the first three-wheeled vehicle of its kind. Equipped with an HD camera, magnetic wheels and a multitude of application specific add-ons, the Utility Crawler can perform an array of tasks, making it versatile and easy to deploy at a momentâs notice, the manufacturer said.
Deltamarin Integrates Floating Construction Arm
The operations and personnel of Deltamarin Floating Construction (DMFC) were integrated into Deltamarin Ltd. on June 1, 2017, in a move that aims to help simplify the groupâs structure.
New MTU Engines Make Their Debut
At the international maritime exhibition Nor-Shipping in Oslo from May 30 to June 2 2017, MTU, part of Rolls-Royce Power Systems, presented its propulsion and systems portfolio, primarily for offshore supply vessels, workboats and ferries. This included Series 2000, 4000 and 8000 propulsion engines in an output range from 400 to 10,000 kW, hybrid propulsion solutions and diesel electric propulsion systems and diesel gensets for the supply of on-board power.
New Containerships for Eimskip, Arctic Line
Icelandâs Eimskip Ltd. and Greenland-based Royal Arctic Line A/S have ordered three new Arctic-capable 2,150 TEU containerships to be built at the Guangzhou Wenchong Shipyard in China. The new vessels, designed by Deltamarin to fit the two ship ownersâ trading routes, will measure 180 meters in length and 31 meters breadth, larger than the current vessels in the trade. The ice class ships will comply with the newly adopted IMO Polar Code.
Arcadia Receives EU MRV Monitoring Plans
Greek company Arcadia Shipmanagement Co Ltd became the first to receive verification from classification society DNV GL for compliant monitoring plans for its entire fleet under the new EU emissions monitoring, reporting and verification (MRV) regulation. The company was presented with a certificate recognizing the achievement at DNV GLâs Piraeus office. âWe are very proud to be the first shipping company to have been awarded the verified EU MRV management plansâŠ
Delfin Project Gains US Approval to Export LNG
The U.S. Department of Energy (DOE) has approved a long-term application to export liquefied natural gas (LNG) from the first offshore project, Delfin LNG, LLC. Exports in the amount of 1.8 billion cubic feet per day (Bcf/d) of natural gas are approved from Delfinâs proposed offshore Louisiana floating LNG terminal in the Gulf of Mexico. Development of the Delfin project offshore of Cameron Parish, La. will include the construction of floating liquefaction and storage vessels.