Maritime Industry Top News
Digital Marine Communications in ‘Fast Attack’ Mode
Among the most important considerations in outfitting any fast attack craft is the critical nature of crew-to-crew communications. With David Clark, MetalCraft has long had that box ‘checked.’There are many obstacles facing boat manufacturers involved in the design and outfitting of patrol interceptor type vessels. This workboat segment is characterized by incessant demands for advanced design and…
First U.S. LNG Cargo Since Trade Tariffs Arrives in China
A liquefied natural gas (LNG) cargo from the United States has arrived in China, the first such cargo since Beijing imposed a tariff on U.S. imports, shipping data from Refinitiv Eikon showed on Monday.The cargo was shipped on the tanker Ribera Duero Knutsen from the Sabine Pass terminal operated by Cheniere Energy .It arrived at the Zhejiang Ningbo LNG terminal in China on Nov. 11, the data showed.This is the first U.S. LNG cargo to be shipped to China since Sept. 10, according to the data.
Capesize Rate Drag Baltic Index Down for Tenth Straight Session
The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, declined for the tenth straight session on Monday on weakening demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 22 points, or 1.9 percent, to 1,125 points.The capesize index slipped 4.3 percent, or 63 points, to 1,398 points, its lowest since May. 30.
Iranian Military Ready to Protect Oil Tankers
Iran's armed forces will protect Iranian oil tankers against any threats, an Iranian military official said on Monday after the United States called the ships a "floating liability" and warned ports operators not to allow them to dock.The United States resumed sanctions on Iran's oil, shipping and banking industries last Monday after U.S. President Donald Trump pulled out of a 2015 international agreement…
Ice-breaking Tanker Heads for Russia to Load Yamal LNG
A new ice-breaking tanker capable of navigating the Arctic on its own is set to load its first liquefied natural gas (LNG) shipment from Russia's fast-expanding…
Golar FSRU Wins LNG Croatia Project
State-owned LNG Croatia has selected Golar Power, a joint venture between Golar LNG and Stonepeak Infrastructure Partners, to deliver a floating storage and regasification…
Algoma Central Buys Product Tanker
Canadian dry-bulk shipper Algoma Central Corporation announced the purchase of a 2008 built product tanker which will become the seventh tanker within the Algoma…
China to Develop Multi Billion Dollar Deep Sea Port In Myanmar
China and Myanmar are moving ahead with a China-backed deep-sea port project in Kyauk Phyu Special Economic Zone (SEZ) , 250 miles northwest of Yangon.The framework…
Afghan Launches India-Iran Shipping
Afghan Ministry of Transportation will soon launch a commercial shipping line with the assistance of the Islamic Republic of Iran to conduct business activities…
Contship Expands Intermodal Service
Contship Italia Group has been pulling all the stops to increase its intermodal offering during the past months.Italy’s leading service provider for integrated global…
Total Wins 40% Stake in Unconventional Gas Concession
Abu Dhabi National Oil Company (Adnoc) has awarded a 40 per cent stake in the Ruwais Diyab gas concession to French energy major Total.Adnoc group, for which the…
Ampelmann Strengthens Foothold in the Middle East
Ampelmann, the global leader in offshore access solutions, has opened its second office in the Middle East in a move to further expand its presence in the region.
Port of Oakland Cargo Volume Up Despite Tariff Battle
A U.S.-China tit-for-tat over tariffs hasn’t dampened cargo volume growth at the Port of Oakland. In fact, the Port is on track for its third straight year of record container volume in 2018…
Navios Maritime Containers Fleet Update
Navios Maritime Containers Inc. (Navios Containers) took delivery of Navios Miami, a 2009-built, 4,563 TEU containership in the last month.According to a press note…
Kalmar Helps Port of Long Beach to Meet Green Objectives
Kalmar's new all-electric terminal tractor is helping the Port of Long Beach (POLB) meet its eco-efficiency objectives while satisfying the commercial demands of…
NYK Carrier Rescues Yachtsman
Shiosai, a bulk carrier operated by NYK Bulkship (Atlantic) NV., rescued a distressed yachtsman on October 23 (local time) off the coast of Western Australia.While…
Amsterdam Intros Day Tourist Tax for Cruise Ships
Day Tourist Tax for cruise passengers will apply to sea cruise and river cruise passengers effective 1 January 2019 in Amsterdam.According to a release from the Port of Amsterdam…
TORM, ME Production and GSI JV for Production for Scrubbers
Danish shipping company TORM has established a joint venture with scrubber manufacturer ME Production and Guangzhou Shipyard International (GSI).The joint venture…
HH Ferries Launches Battery-powered Passenger Vessels
Swedish HH Ferries Group has inaugurated the two ferries Aurora and Tycho Brahe as the world’s largest battery-powered passenger ferries on the route between Helsingborg…
Poseidon Containers Inks TC with CMA CGM
The containership charter owner Global Ship Lease (GSL) announced that Poseidon Containers, with which it has entered a definitive merger agreement, has agreed five…