Maritime Industry Top News
RINA Awards Carnival Maritime with Environmental, Safety
RINA recently awarded Carnival Maritime GmbH ISO 14001 and BS OHSAS 18001 certificates. Now the Carnival Maritime office in Hamburg as well as 26 ships in Carnival Maritime’s fleet have been awarded environmental management ISO 14001 and occupational health and safety management BS OHSAS 18001 certifications. The certified fleet includes Costa and AIDA ships. Initially only ships belonging to Costa Crociere were included in RINA Services scope of work.
Transneft to Reroute Oil if Turkey Closes Straits
Russia's oil pipeline monopoly Transneft has the capacity to reroute oil from Russia and the Caspian Sea to other destinations if Turkey shuts the Bosphorus or Dardanelles straits…
Baltic Index Dips on Capesize Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Tuesday on weaker capesize vessel rates. The overall index…
BP's Foreign-Flag ANS Charter Signals Export Intentions
British oil company BP Plc has chartered a foreign-flagged vessel to transport Alaskan crude, the company said on Monday, the latest sign that producers of Alaskan North Slope…
Sarir Output Suspended due to Hariga Port Protest
A protest over wages that has shut the eastern Libyan oil terminal of Hariga has forced the operator of the Sarir oil field to suspend production of 100,000 barrels per day…
North Korea Fires Missiles in Show of Force
Missiles flew far enough to reach any part of S.Korea. North Korea fired three ballistic missiles on Tuesday which flew between 500 and 600 km (300-360 miles) into the sea off its east coast…
CMA CGM Adds Weekly India Port Calls
CMA CGM Group announced the launch of two new weekly services, EPIC 1 and EPIC 2, between the Arab Gulf, Pakistan, North West India and North Europe. The current…
US, Chinese Navies Chiefs: Cooperation Needed
Chief of Naval Operations (CNO) Adm. John Richardson met with People's Liberation Army (Navy) (PLA(N)) Commander Adm. Wu Shengli during professional and social events…
25 Ports Win AAPA’s Comms Competition
The American Association of Port Authorities (AAPA) will recognize 25 seaports for exemplary communications projects and programs at its annual convention and awards luncheon this fall.
40% Cruise Ships Use Outdated Sewage Treatment Plants
ACO Marine has welcomed the findings reported in the Friends of the Earth 2016 Cruise Ship Report Card, the annual survey of cruise shipping’s impact on the environment…
A Painful Shipping Record – Vessel Scrapping
More containership capacity is being demolished than ever before, including old-design ships made redundant by the new Panama Canal. Drewry checks if this end the current capacity surplus?
Shift in Shipping Market Direction
It has been a year full of turmoil and poor market performance in the shipping markets, yet over the past couple of months both sentiment and real market direction…
DNV GL Commissions OVRT Test Unit for Wind Turbines
DNV GL adds to its service offering offers in the field of electrical measurement for renewable energy producers with a mobile test laboratory for carrying out…
Security Check List for Internet Access at Sea
An increase in internet access at sea will lead to an increased risk of suffering a cyber-attack, says a research report by Protection Vessels International. However…
Capesize Index Weakens
Upward moves in the Capesize index are now starting to stall, according to Freight Investor Services (FIS). "Last week we witnessed some short covering in the market…
Hyundai to Build ITER Vacuum Vessel
Hyundai Heavy Industries (HHI), the world’s largest shipbuilder and a leading industrial plant EPC contractor,won $101.6 million worth of order to supply two vacuum vessel sectors (No.7…
Hapag-Lloyd, UASC Signs Merger Agreement
Hapag-Lloyd AG (Hapag-Lloyd) and United Arab Shipping Company S.A.G. (UASC) have signed a Business Combination Agreement (BCA) to merge both companies, subject to…
BP Fixes ANS Lifting on Foreign Flagged Vessel
British oil company BP has chartered a foreign flagged vessel to transport Alaskan North Slope (ANS) crude, pending regulatory approvals, a spokeswoman for the company said by email on Monday.
Ghana cuts GDP Forecast
Ghana has cut its 2016 economic growth forecast sharply to 4.1 percent from 5.4 percent due to lower export prices and irregular oil production, Finance Minister Seth Terkper told Reuters on Monday. Oil output was halted between March and May at the offshore Jubilee field due to a breakdown on a production ship, and the country lost millions of dollars in revenue. It has since restarted at a lower rate.
Dark Cloud of Offshore Storage Looms
Glencore books the STI Grace tanker to store fuel at sea-traders. This has not been the summer many oil traders had expected after last year's bumper profits. Banking on more of the same…