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  • info lily-shipping
    Dear Sir Good day, We have the honor to welcome shipping companies, shipping agents, Ship management companies, Recruiting agents, honorable personality and related concerns to recruit Bangladeshi seafarers. Lily Shipping Limited day by day is emerging as a giant in the country’s maritime market providing world standard seafarers for the safe and secure operation of a wide range of ships worldwide. Bangladeshi seafarers are of relatively high standards in proficiency, hardworking and able to understand various languages up to the required standards. They are well behaved, obedient, trustworthy, nonalcoholic and possess a high moral courage. They are content with reasonable wages. Crew Manning All types of crew sourcing and recruitments. Crew Welfare Our Company is quite aware about the welfare of its crews. We have the required knowledge and experience about the maritime labor laws, Maritime labor Convention MLC 2006 and international labor law (ILO) as well. We concentrate not only on the welfare of the crew members but also their family prospects and necessities. We stay close and connected with the government semen and labor welfare directorate to ensure their rights and necessities. Your kind Co-Operation will be Highly Appreciated. Thanks
    2021-06-29 09:03:17
  • PortDA
    Hi Sabashipping this is new user enquiry for my good vessel
    2021-08-05 17:06:06
  • PortDA Admin
    hello agent
    2021-08-22 19:33:51
  • PortDA Admin
    hi
    2021-08-22 20:05:59
  • PortDA
    Hi this enquiry is for Saba Shipping
    2021-08-22 20:07:12
  • PortDA
    Hi this enquiry is for Saba Shipping
    2021-08-22 20:07:34
  • PortDA Admin
    test
    2021-08-22 20:16:13
  • PortDA Admin
    2021-08-22 20:24:48
  • PortDA Admin
    test
    2021-08-22 20:28:53
  • PortDA Admin
    hello sir
    2021-08-24 15:13:48
  • PortDA Admin
    hello sir
    2021-08-24 15:16:47
  • PortDA Admin
    test msg
    2021-08-24 15:45:35
  • PortDA Admin
    hi there
    2021-08-24 15:49:37
  • PortDA Admin
    ......
    2021-08-24 15:56:07
  • PortDA Admin
    12345
    2021-08-24 16:05:58
  • PortDA Admin
    12345
    2021-08-24 16:06:51
  • PortDA Admin
    retest
    2021-08-24 16:09:52
  • PortDA Admin
    retest
    2021-08-24 16:10:05
  • PortDA Admin
    test msg
    2021-08-24 16:12:45
  • PortDA Admin
    hello
    2021-08-24 16:16:38
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    test msg
    2021-08-24 16:20:16
  • 2021-12-13 01:02:13
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  • bab al ugsa
    I would like to know more details
    2022-04-06 13:04:56
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Recent News

$25M Lawsuit Condemns Energy & Boat Firms in Fatal Capsizing

The offshore oil industry boat that overturned in a deadly Gulf of Mexico disaster last week was ordered to sea in dangerous conditions by an energy company that put amp 8220 money over safety, amp 8221 a pair of $25 million lawsuits assert, reports Star Advertiser. Lawsuits filed by vessel crew....

Mfame Published 3y-2w-4d-19h-28m ago

Mitsui Joins Copenhagen-based Coalition for Emission Reduction

Mitsui amp 38 Co. is the latest company to join the Mærsk Mc Kinney Møller Center for Zero Carbon Shipping. The center has seven founding partners and six strategic partners including Mitsui. Mitsui will plan and operate projects and also provide its knowledge throughout the entire supply chain....

Mfame Published 3y-2w-4d-23h-53m ago

[Infographic] Downward Trend in Marine Casualties in 2020

The RMI Annual Report on marine safety investigations for 2020 records a total of 726 very serious marine casualties, marine casualties, marine incidents, and occurrences, 80 less than reported during 2019, reads a Safety4sea article. Key findings Very Serious Marine Casualties involving loss of li....

Mfame Published 3y-2w-5d-1h-25m ago

Kongsberg Marks ETC’s First Client Contract

Kongsberg Maritime KM has signed a contract to provide KM’s innovative new Extended Thruster Coverage ETC service programme to support two new ice breaking escort tugs. The agreement covers the support of the tugs’ robust US255 thrusters and ND Aquapilot remote control systems. According to ....

Mfame Published 3y-2w-5d-3h-4m ago

IB’s Electronic Logbook Approved by Liberian Register

An electronic logbook made available by IB to replace the historical paper logbook has been given the green light from the Liberian Register. The software allows the chief officer and the captain of the ship to record all the parameters of edge required by international sea regulations and conventio....

Mfame Published 3y-2w-6d-13h-22m ago

A Captain’s Eye That Could Prevent More Shipping Disasters

Israeli startup ‘Captain’s Eye’ developed an AI based ship safety and security system that prevents maritime accidents and malfunctions. The company signed partnership agreements with three of the world’s leading container shipping companies and is in the midst of a large round of financing.....

Mfame Published 3y-2w-6d-22h-4m ago

UK Bank Joins Poseidon Principles Signatories

Standard Chartered announced today that it has become a signatory to the Poseidon Principles, a global framework that aims to align carbon emissions in the shipping industry with the international targets set by the United Nations, says an article published on their website. Contributing to climate ....

Mfame Published 3y-2w-6d-23h-9m ago

Container Ship Attacked!

Maritime Bulletin reports of an attack aboard container ship in Gulf of Guinea. Container ship attacked Container ship CONTSHIP NEW was attacked and according to Dryad, boarded, at 0900 UTC Apr 23 in Gulf of Guinea 130 nm NW of Sao Tome island, Sao Tome and Principe. The ship is en route from Port O....

Mfame Published 3y-3w-59m ago

First Merchant Vessel Bags DNV Notation for ‘Quiet’ Underwater Operations

ONEX Peace, built by Hyundai Samho Heavy Industries and delivered to its owner ONEX, has become the world’s first merchant ship to receive DNV’s SILENT E notation. DNV is the first classification society to offer an underwater noise notation. Classification society DNV has announced that ONEX Pe....

Mfame Published 3y-3w-1h-15m ago

Man Energy’s Analysis Envisages The Phase-Out Of Fossil Fuel

MAN has run risk analysis modelling envisaging the phase out of fossil fuels powering ships, says an article published in Splash247. Man Energy about the results of its AHOY50 study  MAN Energy Solutions said the results of its AHOY50 study should serve as a wake up call, something made all the m....

Mfame Published 3y-3w-7h-55m ago

European Commision To Improve Flow Of Investment

The European Commission adopted today a Sustainable Finance package with the aim of improving the flow of investments towards sustainable activities and hence using financial instruments to make Europe climate neutral by 2050, says an article published in their website. ECSA Secretary General on shi....

Mfame Published 3y-3w-10h-45m ago

6 Foreign Flagged Ships Detained in UK Ports in March 2021

The MCA announced that 6 foreign flagged ships remained under detention in UK ports during March 2021 after failing port state control PSC inspection. The MCA publishes details of the foreign flagged vessels detained in UK ports each month. This allows the ships with a high risk rating and poor de....

Mfame Published 3y-3w-10h-53m ago

IMO Asked To Impose Pricing Measures On Emissions

For the first time, the International Chamber of Shipping and other groups representing over 90 per cent of maritime trade are asking the International Maritime Organisation IMO to put a price on carbon dioxide emissions, reports The Straits Times. Leaders Summit on Climate In a revolutionary join....

Mfame Published 3y-3w-11h-24m ago

Carriers Grow Desperate As Containership Percentage Falls To 0.8%

Carriers are “scraping the bottom of the barrel” for available tonnage, as the percentage of the global containership fleet commercially idle and not in dry dock has fallen to just 0.8%, reports The Loadstar. Shortage of tonnage And according to the latest Alphaliner survey, the severe shortage ....

Mfame Published 3y-3w-11h-25m ago

Charter Rates Surge Yet Again

Just when you thought container shipping couldn’t get any hotter, it has. Liners are desperate for more ships to handle booming cargo demand. Companies known as tonnage providers or nonoperating owners NOOs — which own ships and lease them to liners — are now achieving rates and charter dura....

Mfame Published 3y-3w-11h-25m ago

System To Classify ‘Green’ Investments

The European Commission on Wednesday published its long awaited system to classify amp 8220 green amp 8221 investments in sectors from industry to transport, but delayed vexed decisions on whether to label nuclear energy and power plants fuelled by natural gas as green, reports reuters. Environm....

Mfame Published 3y-3w-12h-39m ago

Maersk Offers Cargo Management Programme To Cut Costs By 50%

Study shows 50% reduction in D amp 38 D exposure. Data driven approach shapes trucker discussions nationwide to address supply chain fragmentation at destination. Full visibility of destination supply chain. Maersk North America’s Destination Cargo Management DCM product is designed to optimize....

Mfame Published 3y-3w-20h-53m ago

MAN Study Explores Shipping Scenarios for A ‘Greener Future’

The use of fossil fuels in the shipping industry will need to be banned in the latter half of the decade if the industry is to meet its decarbonization efforts. The study, carried out in partnership with the Fraunhofer Institute for Systems and Innovation Research ISI , outlines 4 scenarios that ex....

Mfame Published 3y-3w-21h-16m ago

IRClass Launches New Certification Service

IRClass has launched a new service to provide certification of marine containers in accordance with IMO International Convention for Safe Containers CSC . It has released Guidelines on Certification of Containers developed by the Rule Development amp 38 Associated Research team. Indian Register ....

Mfame Published 3y-3w-1d-4h-26m ago

UNCTAD Urged Regulators for Greater Transparency

The United Nations Conference on Trade and Development UNCTAD has urged regulators to push for greater transparency in container shipping amid a protracted period of record rates and dire on time performance by the world’s top liners, reports splash247. Freight Rates UNCTAD issued Policy Brief 8....

Mfame Published 3y-3w-1d-4h-34m ago

Capesize Jump Puts A 10-year Peak on Baltic Freight Index

The Baltic Exchange’s main sea freight index surged to its highest in over a decade on Wednesday, powered by a jump in the larger capesize vessel segment on increasing iron ore shipments from Brazil, reports Yahoo Finance. Baltic dry index The Baltic dry index, which tracks rates for capesize, pan....

Mfame Published 3y-3w-1d-4h-39m ago

Maritime Drone Estate Takes Over Deliveries To Docked Vessels

An area near Marina South Pier has now been designated as a space for maritime drone fliers to test their wares, including by delivering 3D printed shipping parts to vessels docked near Singapore amp 8217 s shores, reports The Straits Times. Replacing manual help The country amp 8217 s first Marit....

Mfame Published 3y-3w-1d-8h-52m ago

Singapore IPA Proposes 9 Pathways To Decarbonisation

The international advisory panel set up by Singapore amp 8217 s authorities last year has identified nine pathways to maritime decarbonisation, reports Ship amp 38 Bunker. The nine pathways The panel was arranged in July 2020 with the aim of developing a strategy to help the shipping industry meet....

Mfame Published 3y-3w-1d-11h-59m ago

Call for Market-based Measures To Ensure Decarbonisation Targets

The world’s major shipping organisations have called on world leaders to urgently examine the role of market based measures MBMs to ensure ambitious decarbonisation targets. These measures will be critical to incentivise the transition of the global fleet to new fuels and technologies, which wil....

Mfame Published 3y-3w-1d-13h-41m ago

First Engineer of Cargo Tanker Convicted of Falsifying Records

A federal jury convicted Gilbert Fajardo Dela Cruz of aiding and abetting an environmental crime and obstruction of justice in connection with the intentional dumping. This happened in February of 2019 of oily bilge water from a commercial tanker, announced Acting United States Attorney Stephanie M.....

Mfame Published 3y-3w-1d-14h-45m ago

ITF Members Board Ever Given To Check Crew Welfare

Representatives of the International Transport Workers’ Federation seafarers as key workers Sunday boarded the MV Ever Given  IMO: 9811000 to check on the health and welfare of the crew. The cargo vessel is currently anchored in Lake Bitter, in the Suez Canal system, as Egyptian authorities ....

Mfame Published 3y-3w-1d-15h-13m ago

Maersk Stops Purchase of Boxships That Don’t Meet ‘Emission Targets’

One of the world amp 8217 s largest shipping companies by fleet size, AP Moller Maersk, has halted purchase of container ships that are unable to totally eliminate carbon emissions, reports Platts. Zero carbon fuels Rene Piil Pedersen, managing director of the company amp 8217 s Singapore arm, tol....

Mfame Published 3y-3w-1d-19h-1m ago

Singapore Port Authority Launches $90m Decarbonisation Fund

MPA has signed a memorandum of cooperation MoC with industry heavyweights to establish a fund for a maritime decarbonization center in Singapore. The deal was signed with BW Group, Sembcorp Marine, Eastern Pacific Shipping, Ocean Network Express, Foundation Det Norske Veritas, and BHP. The Maritim....

Mfame Published 3y-3w-1d-20h-56m ago

Sumitomo Agreements Corvus Energy In A ESS Joint Venture

Sumitomo Corporation agreements with Corvus Energy in a joint venture. The joint venture named “Sumisho Corvus Energy amp 8221   is established as a company to sell ESS and provide the related maintenance service mainly in the Japanese market. According to an article published in Sumitomo Corpor....

Mfame Published 3y-3w-1d-23h-28m ago

KEH Unveils New LNG Bunkering Vessel Project

Knud E. Hansen KEH has presented its design of a series of medium capacity LNG bunkering tankers under the name of the X gas Project. With the X gas Project, the company wanted to create a new platform that will support the clean energy transition. The platform is customizable and can be tailored ....

Mfame Published 3y-3w-1d-23h-39m ago

Bureau Veritas Certifies Singapore’s First Hybrid Electric Ship

Bureau Veritas has certified and classed Singapore’s first hybrid powered ship, says a press release published in Marine Offshore. Penguin Tenaga Built, owned and operated by Singapore based Penguin Shipyard International, Penguin Tenaga is a 15 meter, 12 passenger aluminum pilot boat capable of e....

Mfame Published 3y-3w-1d-23h-56m ago

Alpha Ori Technologies Closed $6M Investment Round

Maritime digital solutions provider Alpha Ori Technologies has closed a $6m investment round. The round was jointly led by leading ship owners Hafnia and BW LPG, reports seanews. Diverse Range Mikael Skov, CEO of Hafnia, has now joined the Alpha Ori Technologies board of directors. With a diverse ra....

Mfame Published 3y-3w-2d-4h-32m ago

What happens when someone is banged beyond nautical miles

It is surprisingly common for ships and their crews to be stranded and sometimes abandoned due to disappearing owners, pay disputes, and management troubles. It could be inferred in the following case. Aisha has been the custodian of the 4,000 tonne MV Aman, trapped onboard as a prolonged legal batt....

Mfame Published 3y-3w-2d-11h-9m ago

Recycling Halts At Alang Due To Shortage Of Oxygen

The Oxyfuel process is the most widely applied industrial thermal cutting process. The scrap prices are ruling at 36,800 a ton and 12 mm re rollable steel plate is priced at 41,000 a ton. A decrease in purity of 1 per cent will typically reduce the cutting speed by 25 per cent and increase gas con....

Mfame Published 3y-3w-2d-12h-2m ago

IoS-OP Consortium, Share Rules for Global Data Handling

amp 8220 IoS OP Seminar in Taiwan amp 8221 was held in Taipei, Taiwan on 16 April by IoS OP Consortium. 91 professionals from Taiwan’s maritime industry at the venue virtually connected to Japan. The consortium members introduced the rule and framework for sharing IoT data of ships, including ....

Mfame Published 3y-3w-2d-14h-21m ago

Kidnapped Seafarers Return Home

A total of 10 Filipino seafarers freed from a reported kidnapping in the Gulf of Guinea arrive in the Philippines. They were part of 15 crew chemical tanker David B. The ship was in transit along the Benin coast in the Gulf of Guinea on 11th March when the incident happened. The crew had 5 amp 82....

Mfame Published 3y-3w-3d-44m ago

Singapore To Launch 2-Month Consultation on Decarbonization

amp 160 Singapore amp 8217 s government is seeking suggestions for how it should address decarbonisation in the run up to 2050. The government has launched a 2 month consultation exercise seeking suggestions and views on the city state amp 8217 s Maritime Singapore Decarbonisation Blueprint 205....

Mfame Published 3y-3w-3d-1h-31m ago

Baltic Dry Index Sees 1.5-Year Peak With High Vessel Rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose to 1 1/2 year peak on Monday as demand improved across vessel segments, reports Yahoo Finance. Dry bulk rates  The Baltic dry index, which tracks rates for capesize, panamax and supramax....

Mfame Published 3y-3w-3d-5h-3m ago

Ocean Carriers Invests Heavily In Container Control System

Ocean carriers are investing heavily in container control systems to maximise their box fleets, says an article published in The Loadstar. Hapag Lloyd chief executive on current market conditions  Chief executive of Hapag Lloyd, Rolf Habben Jansen said, “Current market conditions had increased co....

Mfame Published 3y-3w-3d-8h-45m ago

What Will Happen To The GA Process With Ever Given Arrested?

The Suez Canal Authority decides to arrest the Ever Given, as leverage for its $916m insurance claim against the vessel owner, says an article published in The Loadstar. What happens to the GA process After the shipowner declares general average, the assigned average adjuster, RHL, will start assem....

Mfame Published 3y-3w-3d-12h-22m ago

Oil Prices and Dry Bulk Stocks, Is Super Cycle Beginning?

Dry bulk stocks were the best performers up 50.3% YTD among the sectors we cover. and are pricing in 1.34x times NAV on average. The time charter rates too are at a multi year high. All these developments have created a buzz and around a potential market ‘Super cycle’. In the second week of Fe....

Mfame Published 3y-3w-3d-13h-16m ago

Maersk & LR Guidance for Safe Use of Ammonia as Fuel

Lloyd’s Register’s Maritime Decarbonisation Hub and the Mærsk Mc Kinney Møller Center for Zero Carbon Shipping, along with A.P. Moller Maersk, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Line and Total, have formed a new project aimed at developing guidance on the safe use of ammoni....

Mfame Published 3y-3w-3d-20h-10m ago

GTT Upgrades NO96 to NO96 Super+

GTT has developed the NO96 Super+, an evolution of the NO96 Cargo Containment System CCS , which has recently received an Approval in Principle AiP from the classification society Bureau Veritas. NO96 Super+ technology The new NO96 Super+ technology integrates insulating Reinforced Polyurethane F....

Mfame Published 3y-3w-3d-20h-37m ago

BAR Technologies & Yara Marine To Globalize WindWings Technology

amp 160 Marine engineering consultancy BAR Technologies has partnered with Scandinavian scrubber manufacturer Yara Marine to bring WindWings technology, an alternative propulsion solution for larger vessels, to global shipping market. BAR Technologies and Yara Marine Technologies have reached an ....

Mfame Published 3y-3w-3d-20h-53m ago

Event At A $2 Billion Vessel Launch Causes Controversy

Facing rising competition throughout the Indo Pacific and reminded that its mission is to use “lethal force”, the Australian navy’s decision to hire a group of twerking dancers for the commissioning of a naval vessel was an unexpected choice. It seems the strategic “pivot” to regional tens....

Mfame Published 3y-3w-4d-8h-51m ago

Huge Container Order Combating The Box Shortage

amp 160 150,000 TEU of new dry and reefer boxes plus 8,000 TEU of special containers / Delivery in 2021 to help alleviate current container shortage / Approx. USD 550 million investment one of largest for boxes in company history, says a press release published on their website. Biggest Container....

Mfame Published 3y-3w-4d-21h-24m ago

Order Book Of VLOCs Dwindles Away This Year

The VLOCs list of buy and sell orders seems to gradually decrease. 14 VLOCs are scheduled for handover this year, marking the first time annual deliveries have fallen below 25 ships in four years. The orderbook for very large ore carriers VLOCs is rapidly running out, says an article published in....

Mfame Published 3y-3w-4d-21h-30m ago

Cruise Liners Banned, Still Ships Head To Venice

Departing June 5, the sumptuous MSC Orchestra will take a week long trip around the Adriatic and the Mediterranean, taking in Italy, Croatia and Greece. Its journey will begin and end with one of the world amp 8217 s most classic cruise experiences. Gliding past the iconic center of Venice, Italy, ....

Mfame Published 3y-3w-4d-22h-2m ago

Which Region Records To Be The Global Piracy Hotspot In 2021?

The Gulf of Guinea accounted for nearly half 43% of all reported piracy incidents in the first three months of 2021, according to the latest figures from the ICC International Maritime Bureau IMB , reports ICC. IBM amp 8217 s Global Piracy Report IMB’s latest global piracy report records 38 in....

Mfame Published 3y-3w-4d-22h-27m ago

Hike in Operation Cost Limits Carrier Growth

Driver recruiting problems are limiting carrier growth while the cost of operating is growing at a faster rate than ever. A similar scenario played out at the end of the 2017 18 freight boom. Cost inflation from insurance, maintenance, equipment and wages lasted beyond the yearlong freight boom that....

Mfame Published 3y-3w-4d-22h-49m ago

GPS Trials ‘Chemical Mist’ To Cut Methane Emissions

Texas based oilfield services and technology company GPS International has completed Phase 2 field testing of its patent pending method to cut methane from natural gas, reports OE Digital. This testing will accomplish a vast visible discharged reduction in Methane CH exhaust emissions. Eco friend....

Mfame Published 3y-3w-4d-23h-38m ago

Ship Sinks In East China: Five Missing

Five people are missing after a ship sank in east China was rescued, says an article published in Shine. Rescued ship and missing people The provincial maritime department has said, “Five people are missing and one was rescued after a cargo vessel sank off the coast of east China amp 8217 s Zheji....

Mfame Published 3y-3w-4d-23h-47m ago

Offshore Rig Receives World’s First DNV Smart Notation

A semi submersible drilling platform from China Merchant Heavy Industry CMHI has become the world’s first offshore unit to receive DNV’s Smart notation compliance certificate, reads the DNV website. Notation to assess vessel features The voluntary notation, awarded to SHEN LAN TAN SUO, provide....

Mfame Published 3y-3w-5d-8m ago

BHP Completes First Biofuel Refueling for Bulk Carrier

Multinational mining major BHP has completed its first refuelling of a ship with biofuel as part of a trial using sustainable biofuel supplied in Singapore, reports Yahoo News. Marine biofuel trial Together with German shipping company Oldendorff Carriers and biofuels provider GoodFuels, and with su....

Mfame Published 3y-3w-5d-22m ago

New Materials To Make Ships More Sustainable

Ships have a significant environmental impact during building, operation and when they’re scrapped, but new approaches and composite materials to replace steel – still popular due to its strength and low cost – could make vessels more sustainable, recyclable, and less noisy for marine animals,....

Mfame Published 3y-3w-6d-11h-32m ago

Ship Scrap Prices Surge To Nearly $500/ton

Dr. Anil Sharma is a wealth of knowledge on ship scrapping, having started GMS 25 years ago, getting into the business of buying and disposing of old U.S. MarAd and Russian navy ships as a sideline while teaching as a college professor in Maryland, reports Offshore Engineer. Leader in ship recycling....

Mfame Published 3y-3w-6d-12h-13m ago

Switch Bill of Lading, Instruments of Fraud & Risks Involved

In international trade goods are often bought and sold by traders and they often do not produce the goods. The trader earns on the price differential between his supplier and buyer. Often the trader will want to protect the identity of the supplier / shipper and may ask the carrier to switch bills o....

Mfame Published 3y-3w-6d-12h-39m ago

FOBAS Tests High TSP Fuel Samples

FOBAS tested several samples from Las Palmas and Houston whose TSP results exceeded ISO8217 limit of 0.10% m/m, says an article published in ShipandBunker. Las Palmas and Houston fuel samples Las Palmas The Las Palmas fuel samples were all VSLFO fuels.  They had TSP results ranging from 0.16% m/m t....

Mfame Published 3y-4w-1h-1m ago

Effects of Prohibitively Expensive LNG Retrofits

Retrofits to make ships LNG capable are currently prohibitively expensive with little appetite among shipowners to follow Hapag Lloyd’s pioneering first such major conversion, reports splash247. Huarun Dadong Dockyard Company The renamed 15,000 teu Brussels Express, formerly Sajir, is making its....

Mfame Published 3y-4w-4h-49m ago

Dealing With Hard And Soft Chokepoints

How or why Ever Given became wedged between the banks of the Suez Canal is still being investigated, but one outcome will be some form of restriction or added protection for vessels whose length has the ability to block the Canal. The authorities tasked with controlling other hard chokepoints will....

Mfame Published 3y-4w-5h-55m ago

Ransomware Attacks In The Shipping Industry

Cyber hackers continue to hone in on the shipping industry, considered a vulnerable and highly lucrative target, as demonstrated by the 400% increase in attempted cyber hacks on maritime companies between February and June 20201 , reports Lexology. Cyber risks Ransomware attackers are reported to ha....

Mfame Published 3y-4w-9h-54m ago

Industry Standard On In-Water Cleaning Submitted To IMO

The Industry standard on in water cleaning with capture has been submitted to support IMO’s work on the review of the Guidelines for the control and management of ships amp 8217 biofouling to minimize the transfer of invasive aquatic species, reports BIMCO. Setting a standard BIMCO led an indust....

Mfame Published 3y-4w-11h-35m ago

Freighter Sank After Distress Call, 1 Missing

Vietnamese freighter sank in the South China Sea after issuing a distress signal, reports Maritime Bulletin. What happened General cargo ship issued a distress signal and shortly after that, sank in South China sea at around 2100 UTC Apr 14 0400 LT Apr 15 .  The vessel was some 30 nm south of Vun....

Mfame Published 3y-4w-12h-4m ago

Wärtsilä’s Record Breaking Scrubber Deliveries in 2020

The technology group Wärtsilä managed a record breaking amount of scrubber deliveries in 2020, despite the COVID 19 pandemic. It highlights the continued interest in exhaust gas abatement systems as long term solutions for the global fleet. A significant order was booked in November 2020 with a Ja....

Mfame Published 3y-4w-12h-41m ago

Fraudulent Emails & Maritime Cyber Security Threats

Dryad and cyber partners RedSkyAlliance continue to monitor attempted attacks within the maritime sector. Here we continue to examine how email is used to deceive the recipient and potentially expose the target organizations. Red Sky Alliance, performs weekly queries of backend databases, identifyin....

Mfame Published 3y-4w-14h-4m ago

Singapore’s First Hybrid-electric Pilot Boat Delivered

Singapore recently received its first hybrid powered ship, a 15 metre, 12 pax aluminium pilot boat named as “Penguin Tenaga,” reports Safety4sea. Zero emission class notation The vessel is developed, owned and operated by Penguin, while is certified by Bureau Veritas with a “ZE” zero emissi....

Mfame Published 3y-4w-21h-49m ago

ABS Advisory Covers All the Main Systems With GHG Reducing Potential

ABS published industry leading guidance on shipping power and propulsion decarbonization technologies, says a press release published on their website. GHG emissions reduction The ABS Advisory on Decarbonization Applications for Power Generation and Propulsion Systems considers the technological com....

Mfame Published 3y-4w-23h-32m ago

Fire-Damaged Supply Ship Resumes Trips: Delivers $529 million Icebreaker

Australia’s fire damaged Antarctic resupply ship has docked in Western Australia carrying expeditioners who haven’t seen home in more than a year, says an article published in TheNewDaily. The MVP Everest The MVP Everest started sailing after a year towards Fremantle Port on auxiliary power afte....

Mfame Published 3y-4w-1d-1h-29m ago

Drug Smuggling In Commercial Shipping

Illicit drug producers continue to develop complex trafficking patterns, targeting commercial vessels and their crew to transit their supply through multiple stopover and transit points. The safety of the vessel, crew and their families can be at risk, and despite the existence of IMO Frameworks to ....

Mfame Published 3y-4w-1d-7h-14m ago

Baltic Freight Index Surges With Rising Vessel Rates

The Baltic Exchange amp 8217 s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, ticked higher on Wednesday on higher activity across vessel segments, reports Yahoo Finance. Looking into the rates * The Baltic dry index, which tracks rates for capesize, panamax and....

Mfame Published 3y-4w-1d-7h-19m ago

IMO Council Expands Under Approved Amendments

Amendments to IMO Convention will be forwarded for adoption at IMO Assembly in December 2021. The approvals were made at the 33rd extraordinary session of the Council, which was held virtually on 8 April 2021. According to an article published in IMO, The IMO Council has approved draft amendments ....

Mfame Published 3y-4w-1d-8h-18m ago

FSRU Höegh Giant Arrives At H-Energy Terminal

India’s first floating storage and regasification unit FSRU has arrived at H Energy’s Jaigarh Terminal in Maharashtra. The FSRU Höegh Giant, which sailed from Keppel Shipyard in Singapore, berthed at India’s west coast yesterday as the giant Asian nation gears up for vast increases in the ....

Mfame Published 3y-4w-1d-12h-8m ago

Commercial Vessel Capsizes, 1 Dead & 12 Missing

A 129 foot lift boat with 18 personnel on board caught in rough weather, capsized off Port Fourchon, La. One person was dead and six were rescued, reports The NewYorkTimes. What happened The vessel, a 129 foot commercial lift boat, capsized about eight miles off Port Fourchon, La., according to the....

Mfame Published 3y-4w-1d-12h-15m ago

[FAQ] What Is Cold Ironing?

Lately, shipping faces more and more pressure to reduce its emissions. Responding to this pressure, the sector is trying to come up with new ideas and solutions to improve the green footprint of ships. From new fuels, to slow steaming it seems that ships have many options, but how about ports Well,....

Mfame Published 3y-4w-1d-12h-31m ago

Size of Claim Likely To be Massive in Suez Blockade

Extensive litigation in multiple jurisdictions is likely to result from the unexpected closure of the Suez Canal in the wake of the Ever Given grounding. As cargo interests seek to dispute the value of their claims, a US lawyer says. John Ellison pointed out that many companies were impacted by the ....

Mfame Published 3y-4w-1d-13h-41m ago

Resilient Coating System To Prevent Cavitation & Corrosion Damages

Recently the Ecospeed coating system was applied on the scrubber pipes, outlets and diffusers of several oil tankers and a bulker. This demonstrates that Ecospeed is not only the best option for the underwater hull of a ship but can also be used for a wide range of other purposes, reads a news on th....

Mfame Published 3y-4w-1d-23h-32m ago

Monjasa Witnesses Record Highs Despite A ‘Haphazard’ Year

amp 160 Monjasa Holding managed to successfully navigate the disrupted global fuel markets in 2020. The year concluded with a 9% increase in total volumes and a net profit of USD 30m, reads the company website. Marine fuel supplier Monjasa saw an 8.9% gain in its bunker sales volumes last year an....

Mfame Published 3y-1mo ago

Wash Water Discharge is Not Marine Pollution, Says Disappointed CSA

The Clean Shipping Alliance is “disappointed” in the recent decision to restrict exhaust gas cleaning system scrubber wash water discharge, says a press release published on their website. Announcement from Turkey The Clean Shipping Alliance expressed disappointment in the 6 April announcement....

Mfame Published 3y-1mo-18m ago

ClassNK Adds ONE To Its ISO9001 Certification Registry

ClassNK has registered Ocean Network Express Pte. Ltd. ONE to its registry of ISO9001 Quality Management System/QMS :2015 certification, says a press release published on their website. About the audit process During the QMS construction of ONE for further safety of the fleet, ClassNK had been ass....

Mfame Published 3y-1mo-27m ago

Perps Attempt 3 Armed Robbery Injuring 1 Crew Member

In its weekly report for 6 12 April 2021, ReCAAP ISC informed of three incidents of armed robbery against ships in Asia. All three incidents occurred to ships while underway in the eastbound lane of the Traffic Separation Scheme TSS in the Singapore Strait SS . Issue of incident alert Of the thre....

Mfame Published 3y-1mo-36m ago

Bulker Chief Officer Dies After Falling Into Cargo Hold

Chief Officer fell into bulk carrier hold, died, Atlantic, reports Maritime Bulletin. What happened A Chief Officer of a bulk carrier died after he fell into a hold, while supervising hold cleansing works.  Tragic accident occurred on Apr 12. The bulk carrier was under way in the Atlantic, en rout....

Mfame Published 3y-1mo-39m ago

Cargo Ship Collision, 3 Dead & 9 Missing

Cargo ship collided with a fishing boat off Mangaluru coast leaving 3 dead and 9 missing, reports The NewIndianExpress. What happened Three fishermen were killed when a cargo ship collided with a fishing boat off the Mangaluru coast on Monday night. According to reports, there were 14 workers in th....

Mfame Published 3y-1mo-43m ago

UK Club Issues Crew Health Advice on Grief

In collaboration with I.M.E.Q., Sophia Bullard, Crew Health Director at UK P amp 38 I Club, discusses the issue of grief and its impact on crew, exploring the stages, signs and symptoms of grief, as well as coping mechanisms. Loss is an inevitable For seafarers, loss and the subsequent grief can be....

Mfame Published 3y-1mo-55m ago

Ever Given Seized Over Financial Disputes

Egyptian authorities impounded a massive cargo vessel that blocked the Suez Canal last month amid a financial dispute with its owner, the canal chief and a judicial official said Tuesday, reports AP News. Compensation Lt. Gen. Osama Rabie said the hulking Ever Given would not be allowed to leave the....

Mfame Published 3y-1mo-10h-11m ago

Ultra Deep Undertakes Several Subsea Projects

Ultra Deep Solutions DSCV Picasso will continue working in the Middle East on various subsea projects for clients, reports LinkedIn. The Picasso The Picasso is 121 m LOA x 25 m Beam, Twin Bell 18 men Saturation system, Air system, 140 ton crane 1600 m2 of useable deck space, 120 POB and classed unde....

Mfame Published 3y-1mo-10h-12m ago

Total & Siemens Energy Partners To Reduce LNG Carbon Footprint

Total and Siemens Energy signed a Technical Collaboration Agreement to study sustainable solutions for CO2 emissions reduction, says a press release published on their website.  Collaboration’s focus The Second Largest Private Global LNG Player, Total, and Siemens Energy agreed to study sustainab....

Mfame Published 3y-1mo-11h-53m ago

IMO Establishes New Module on GISIS for Crew Change & Repatriation 

IMO establishes a new module on GISIS for crew change amp 38 repatriation of seafarers, reports BIMCO. Series of revisions The IMO has been issuing MSC.1/circ.1 in a series of revisions, each time a new Member State informs the IMO of their national focal point of contact for crew change and repa....

Mfame Published 3y-1mo-12h-12m ago

The Swedish Club Partners With CWA To Reduce Cargo Claims

The Swedish Club has partnered with CWA International to develop its new Cargo Advice series, says a press release published on their website. Cargo claims The Swedish Club has partnered with industry leading cargo consultants, CWA International, to develop its new Cargo Advice series.  The series ....

Mfame Published 3y-1mo-12h-16m ago

KR & HHI Ink Strategic Partnership MoU for GHG Issue

Korean Register KR signed an MOU with Hyundai Heavy Industry HHI Group to work together to address key environmental challenges facing the industry, reports Manifold Times. Key environmental challenges  South Korean classification society Korean Register KR signed an MOU with Hyundai Heavy In....

Mfame Published 3y-1mo-12h-21m ago

High-Speed Internet Connectivity Cuts Seafarer Isolation

High speed internet connectivity allows seafarers to feel less isolated at sea, with VSAT enabled media and entertainment applications increasingly important as mariners have deployments extended due to Covid induced travel restrictions and quarantine requirements, reports riviera. Digital Acces....

Mfame Published 3y-1mo-13h-8m ago

EU Maritime Carbon Pricing, Call for Fair Proposal

An alliance of Greek and Swedish shipowners, along with Transport amp 38 Environment T amp 38 E write to European Commission about amp 8216 polluter pays principle’. They have called on the European Commission to put the ‘polluter pays principle’ at the core of its emissions trading sy....

Mfame Published 3y-1mo-14h-3m ago

Gasoline Margins’ Improvement Slits China’s Fuel Oil Output

Recovering gasoline refining margins in Asia Pacific are expected to cut Chinese fuel oil production, which will help relieve high inventory levels at major bunkering hubs in China, according to market sources, reports Argus Media. Chinese Fuel Oil Rate Chinese refiners boosted fuel oil output durin....

Mfame Published 3y-1mo-20h-2m ago

Understanding the Infrastructure of Ship Recycling Facility

It is widely criticized that recycling facilities do not have adequate procedures and infrastructure to collect and dispose of the hazardous waste recovered from the ships during the recycling process. However, it is critical to know and understand the infrastructure available at Alang, reads a pres....

Mfame Published 3y-1mo-20h-39m ago

Sea Trials Using Biofuels Launched To Curb Emissions

The Indian Register of Shipping IRClass has undertaken successful sea trials for two vessels towards use of biofuels in concurrence with the Indian flag administration, reads the website. The two vessels, namely Ambuja Mukund and Ambuja Vaibhav, are owned by Ambuja Cements Ltd., which is a part of....

Mfame Published 3y-1mo-21h-2m ago

Smart Bollard Testing Hopes For Positive Results

A new Smart Bollard is under test at Hutchison Ports ECT Delta Terminal on the Maasvlakte, Rotterdam, says an article published in PortStrategy. Innovation begins to accelerate improvements The Smart Bollard will be tested over the coming months and subject to positive results will be officially lau....

Mfame Published 3y-1mo-1d-17m ago

U.S. Shale Production, Its Impact on Oil Prices

U.S. oil production may never return to the weekly peaks of 13 million barrels per day bpd just before last year’s market crash. Drilling activity has been on the rise since the fall of 2020, and considering the lag between rising oil prices. Large listed producers promise restraint, and the mar....

Mfame Published 3y-1mo-1d-5h-10m ago

Weekly Bulk Report – Week 14, 2021

The Capesize market continued this week with its constant and relatively steady improvement in rate values, reports Baltic Exchange. Capesize The Capesize 5TC lifted 4,058 over the shortened post Easter holiday week to $23,911.  While the Transpacific C10 remains the premium paying basin at $27,221....

Mfame Published 3y-1mo-1d-8h-46m ago

[FAQ] What Is The Difference Between A Panamax & An Aframax Tanker?

There are several variations related to ships sailing on high seas. Panamax vessels, Aframax vessels, and Suezmax vessels are some of the most prevalent types. But what do they mean and what kind of ships do they represent Well, the answer is relatively easy, and it lies on the area that each ship ....

Mfame Published 3y-1mo-1d-11h-58m ago

Monitoring The Enforcement Of IMO’s 2020 Sulphur Regulations

The International Maritime Organization’s 2020 Global Sulphur Limit Regulation, which is a significant challenge for the shipping industry, came into effect as of 1 January 2020. It limits the sulphur in fuel oil used on board ships operating outside designated emission control areas to O.5O% m/m ....

Mfame Published 3y-1mo-1d-12h-1m ago

Ban on Discharge of Scrubber Wash Water in Territorial Waters

Turkey has banned the discharge of scrubber wash water in its territorial waters following in the footsteps of a number of governments, including that of Saudi Arabia and Singapore, reports offshore energy. The move was announced by the Turkish Ministry of Environment and Urbanization on April 6, 20....

Mfame Published 3y-1mo-1d-13h-42m ago

ABB Sets Course for Sustainable River Transport With Electric Ferries

ABB has won a landmark contract with Spanish shipbuilder Astilleros Gondán to supply all electric power solution for ten new ferries transporting passengers across Lisbon’s Tagus river, reads the company website. Integrated electric power The 40m ferries will be operated by the public ferry  com....

Mfame Published 3y-1mo-1d-19h-48m ago

Cyber Crimes Threaten Shipping Industry In A Modern Form Of Piracy

Cyber attacks pose a serious threat to corporations generally and those involved in shipping are no exception. The Cyber Risk team at Clyde amp 38 Co has worked on over 3,000 data breaches and cyber incidents including a number of the largest, most high profile incidents globally to date. Althoug....

Mfame Published 3y-1mo-1d-20h-37m ago

Independent Technology For Construction of WTIV

Samsung shipyard acquires independent technologies for wind turbine installation vessel, says a press release published on Samsung Heavy Industries. Design and approval Samsung Heavy Industries SHI said that the design of its low carbon emitting WTIV concept has obtained “Approval in Principle....

Mfame Published 3y-1mo-1d-22h-25m ago

Pan Ocean – Shell Inks LNG Bunkering Deal

Pan Ocean entered a contract to charter out an LNG bunkering vessel to Anglo Dutch major Shell, says an article published in Splash 247. $55 revenue deal South Korean shipping company Pan Ocean had entered a contract to charter out an LNG bunkering vessel to Anglo Dutch major Shell. It was noted tha....

Mfame Published 3y-1mo-1d-22h-35m ago

Scrubber Installation in Ships, A Solution To Decarbonize

The use of exhaust gas cleaning systems, also known as scrubbers, on board vessels, is likely to get a leg up. It can be attributed to the global marine fuel sector that works through potential solutions to decarbonize, industry sources said. Vessel owners have increasingly been considering potentia....

Mfame Published 3y-1mo-2d-2h-50m ago

Seanergy To Participate In Decarbonization Forum

Seanergy Maritime Holdings Corp. the “Company” or “Seanergy” NASDAQ: SHIP is pleased to announce its participation at Capital Link’s Decarbonization in Shipping forum taking place on Wednesday amp 38 Thursday, April 14 15, 2021 from 9.30am 4.30pm UK Time, reports Globe News Wire. Ev....

Mfame Published 3y-1mo-2d-6h-41m ago

4 Weeks Preparation Needed Before Sailing Cruise Ships

It takes about four weeks to prepare a cruise ship for sailing again, said President and CEO of CMI, Jim Barreiro de León, reports Cruise Industry News. Preparation  “We are on a schedule of four weeks prior to the actual activation and moving of the vessel at the moment because of the quarantin....

Mfame Published 3y-1mo-2d-6h-42m ago

Seafarers Abandoned, Victimized and Depressed

A crew member from an abandoned bulk carrier told Lloyd’s List that the situation has reached a critical point. The 19, mainly Indian, seafarers are feeling neglected and helpless, and suffering from depression. The situation on board a bulk carrier abandoned since July 2019, is bleak for the 19 s....

Mfame Published 3y-1mo-2d-10h-50m ago

Singapore To Extend Validity of STCW Certificates

The Singapore authorities will continue to extend the validity of STCW certificates on a case by case basis given the difficulties of renewal due to the Covid 19 pandemic. MPA and IMDA noted that some seafarers still faced difficulties renewing STCW certification due to the ongoing Covid 19 pandemic....

Mfame Published 3y-1mo-2d-11h-10m ago

Plans To Extend Validity of STCW Certificates

The Singapore authorities will continue to extend the validity of STCW certificates on a case by case basis given the difficulties of renewal due to the Covid 19 pandemic. MPA and IMDA noted that some seafarers still faced difficulties renewing STCW certification due to the ongoing Covid 19 pandemic....

Mfame Published 3y-1mo-2d-11h-10m ago

CMA CGM Sets New Container Record

Group amp 8217 s Jacques Saade ship sets a new world record for full containers onboard as it leaves Singapore. It has the highest number of full containers aboard a single vessel. According to an article published in Euro Fruit, CMA CGM Jacques Saade has set a new world record of the highest numb....

Mfame Published 3y-1mo-2d-21h-34m ago

EMSA’s RPAS Services Monitor Ship Emissions For Lithuania

In response to a request from the Environmental Protection Department of Lithuania’s Ministry of the Environment, EMSA is providing the country with Remotely Piloted Aircraft System RPAS services to assist in monitoring ship emissions, protect the marine environment and improve maritime safety, ....

Mfame Published 3y-1mo-2d-21h-57m ago

How Can Employers Support Seafarers Wellbeing?

The maritime sector is increasingly turning its attention to environmental, social and corporate governance “ESG” issues. While decarbonisation of shipping is at the top of the ESG agenda, there is also increasing awareness about crew welfare, as reflected by market analysis carried out by WFW....

Mfame Published 3y-1mo-2d-22h-33m ago

CMA CGM Picks Biomethane for 1st Low-carbon Shipping 

CMA CGM launches a first low carbon shipping solution, bringing the Group a step closer toward carbon neutrality, says a press release published on their website. Low carbon shipping CMA CGM provides customers with a new and immediately available solution, bringing the Group a step closer toward car....

Mfame Published 3y-1mo-2d-22h-47m ago

Stena Bulk Targets Net Zero Emission By 2050

Stena Bulk announced a set of 5 dated decarbonization targets which form a comprehensive roadmap for the company to become a net zero business by 2050, says a press release published on their website. First milestone achieved in 2020 The first of these milestones were achieved in 2020 when Stena Bul....

Mfame Published 3y-1mo-2d-22h-52m ago

NAPA Joins Clean Propulsion Technologies Consortium 

NAPA joins Consortium that brings together leading academic bodies and industry experts in developing low carbon technologies for shipping. The total project volume is approximately 15 m euros where Business Finland supports with €7.9 m and the rest is funded by the other members.  NAPA will appl....

Mfame Published 3y-1mo-2d-22h-57m ago

Shipping Demand Stays Strong Amid Tight Sea Cargo Market

According to Hapag Lloyd CEO, a robust demand for shipping goods across the world’s oceans shows no signs of slowing down signaling that elevated rates in the tight market for seaborne cargo may extend into the second half of the year, Bloomberg Quint reports. Surging demand amid strong bookings R....

Mfame Published 3y-1mo-3d-46m ago

FEED Contract Awarded for Floating LNG Project

Wison Offshore amp 38 Marine has won the floating LNG FLNG unit front end engineering and design FEED contract for the Galveston LNG Bunker Port GLBP project. GLBP will feature a floating liquefaction plant and provide LNG marine fuel to vessels at the ports of Houston, Texas City, and Galv....

Mfame Published 3y-1mo-3d-1h-17m ago

ICS Publishes New Maritime Security Guidance

The International Chamber of Shipping ICS has published a comprehensive guide to prepare the shipping community for threats such as piracy, kidnapping, and terrorism. Staying alert to security risks ICS said that the shipping industry continues to face threats and operators need to stay alert to c....

Mfame Published 3y-1mo-3d-1h-49m ago

Seafarers Request To Appoint SRO

The Goan Seamen Association of India requested the shipping ministry to appoint a seafarer relation officer SRO mandatory for registered shipping companies. These officers will act as a single point of contact for seafarers to voice their grievances. According to an article published in Times of I....

Mfame Published 3y-1mo-4d-11h-32m ago

Fire Erupts On Antarctic Supply Ship

The Australian Transport Safety Bureau ATSB has launched an investigation into a fire onboard an Antarctic resupply vessel, with the stricken ship still days from reaching Australia, reports ABC News. Key points: No one was injured in the fire, the ship amp 8217 s operator said The captain has ch....

Mfame Published 3y-1mo-4d-12h-8m ago

Suez Canal Unblocked, But the Ever Green is Still Stuck!

Egyptian authorities say they won’t release ship until its owners pay compensation and an investigation is complete. Decision on vessel departure Egypt will release the giant container ship, that had blocked the Suez Canal for nearly a week, once a deal is reached on compensation for related losse....

Mfame Published 3y-1mo-4d-22h-20m ago

Suez Canal Won’t Release Ever Given Till Compensation

Egyptian authorities say they won’t release ship until its owners pay compensation and an investigation is complete. Decision on vessel departure Egypt will release the giant container ship, that had blocked the Suez Canal for nearly a week, once a deal is reached on compensation for related losse....

Mfame Published 3y-1mo-4d-22h-20m ago

IBIA Offers Insights on Pandemic Bunker Transition

The International Bunker Industry Association IBIA will be organising the first of its ‘Bunkering amp 38 Shipping in Transition’ series of conferences for 2021 from Monday, 12 to 13 April. Global bunkering industry comes together The digital event aims to bring together the global bunkering....

Mfame Published 3y-1mo-4d-22h-47m ago

IBIA Conference Takes on Maritime Market Developments

The International Bunker Industry Association IBIA will be organising the first of its ‘Bunkering amp 38 Shipping in Transition’ series of conferences for 2021 from Monday, 12 to 13 April. Global bunkering industry comes together The digital event aims to bring together the global bunkering....

Mfame Published 3y-1mo-4d-22h-47m ago

IBIA Conference To Discuss Bunker Transition from COVID-19 Crisis

The International Bunker Industry Association IBIA will be organising the first of its ‘Bunkering amp 38 Shipping in Transition’ series of conferences for 2021 from Monday, 12 to 13 April. Global bunkering industry comes together The digital event aims to bring together the global bunkering....

Mfame Published 3y-1mo-4d-22h-47m ago

Ship Recycling Industry ‘Stays Busy’ Even Amid Pandemic Crisis

Even with the pandemic raging over a year, the ship recycling industry isn’t getting any rest. The Hindu Business Line has reported that there is an increase in the number of ships heading for scrap yards like Alang in Gujarat, India. Alang shipbreaking yard  Alang had an unprecedented time teach....

Mfame Published 3y-1mo-5d-5h-16m ago

Baltic Freight Index Falls As Panamax, Supramax Demand Dips

 The Baltic Exchange amp 8217 s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, eased on Thursday as weaker panamax and supramax rates outweighed a rise in the larger capesize segment, reports Yahoo Finance. Looking into the rates  * The Baltic dry index, which....

Mfame Published 3y-1mo-5d-11h-41m ago

2 Murals Built Acknowledging The Efforts Of Seafarers During The Pandemic

To thank seafarers, port workers and other frontline maritime personnel for keeping the Port of Singapore open during the COVID 19 pandemic, the Maritime and Port Authority of Singapore MPA , together with PSA Corporation Limited PSA and Jurong Port JP , have commissioned two mural art displays,....

Mfame Published 3y-1mo-5d-11h-41m ago

Stena Line Aims 30% Emission Reduction by 2030

In 2020, ferry company Stena Line continued to reduce its total CO2 emissions and is ten years ahead of the IMO international shipping emission reduction targets. The Swedish shipping company is now accelerating the transition towards fossil free shipping. It presents its plan to reduce total CO2 em....

Mfame Published 3y-1mo-5d-11h-51m ago

Second Fire To Assuage Foreign Flagged Vessels

A serious fire on board the vessel MPV Everest has caused significant damage, with flames engulfing cargo on the deck says an article on HandyShpping. Opposition to management in foreign hands The Maritime Union of Australia MUA has made no secret to its strong opposition to the chartering by the....

Mfame Published 3y-1mo-5d-11h-59m ago

Top Carriers Embrace Track & Trace Standards

Nine of the container shipping industry’s top carriers have adopted the open source, free track and trace T amp 38 T standards developed by the association. The members of the Digital Container Shipping Association DCSA are CMA CGM, Evergreen, Hapag Lloyd, HMM, Maersk, MSC, ONE, Yang Ming and....

Mfame Published 3y-1mo-5d-12h-2m ago

DNV Suggests CCS Procedures As Energy Transition Accelerates

DNV has published new procedures designed to provide the required safety level in transporting CO2 by pipelines and strengthen the development of CCS projects. This follows the outcome of the CO2SafeArrest joint industry project JIP between Energy Pipelines CRC Australia and DNV. As energy trans....

Mfame Published 3y-1mo-5d-19h-54m ago

Hapag-Lloyd’s 1st LNG Containership Retrofit Enters Service

The world’s first conversion of a large containership to LNG as fuel has been completed, German liner company Hapag Lloyd has confirmed. The 15,000 TEU vessel Sajir, now renamed Brussels Express, departed the Chinese shipyard Huarun Dadong Dockyard Co. and is now heading toward Busan, Korea. Germa....

Mfame Published 3y-1mo-5d-21h-39m ago

[Watch] Tanker & Bulker Collided, Both Seriously Damaged

A brand new product tanker collided with Greek bulk carrier in Manila Bay 3 nm north of Cavite City, at 2150 LT UTC +8 Apr 7, in the Manila anchorage area, reports Maritime Bulletin.  What happened The new product tanker reportedly was leaving anchorage, she arrived there in the morning Apr 7 fr....

Mfame Published 3y-1mo-5d-23h-53m ago

Snohetta Starts Construction Of World’s First Ship Tunnel

Construction of the world amp 8217 s first mile long ship tunnel has been started at Snohetta’s entrance through norwegian coastline, says an article published in DesignBoom. Project ship tunnel The project, being first of its kind, was first commissioned in 2016 by the norwegian coastal administ....

Mfame Published 3y-1mo-5d-23h-58m ago

UK’s Updated Arrival Requirements For Seafarers

According to an article published in Superyacht News, Following the UK government’s move to exempt seafarers returning to the UK from ‘red list countries’ from travel restrictions, including hotel quarantine, some further changes have been made to the requirements for seafarers when entering t....

Mfame Published 3y-1mo-6d-20m ago

Stolt Tankers Trials Biofuel At Rotterdam

According to an article published in Argus Media, Norwegian shipowner Stolt Tankers successfully trialled marine biofuel at the Dutch port of Rotterdam last week. Marine Biofuel The marine biofuel was supplied by Netherlands based GoodFuels, and was used in Stolt Tankers amp 8217 37,000 dwt chemic....

Mfame Published 3y-1mo-6d-1h-29m ago

BSAG Launches a Pilot Project to Examine Ship Generated Waste Flows

Baltic Sea Action Group BSAG launches a pilot project to examine ship generated waste flows and related information flows at the port of Oulu. The pilot aims at recognizing all stakeholders in the value chain, identifying eventual points of friction, and seeking best practices for waste management....

Mfame Published 3y-1mo-6d-2h-11m ago

Alfa Laval Ventures into Liquid Wind Project

Alfa Laval is becoming a partner in Liquid Wind. Engineering company Alfa Laval has joined a growing group of companies investigating methanol as an alternative bunker fuel, with an investment in the Liquid Wind project. Alfa Laval has become a partner in Swedish firm Liquid Wind. A recent Ship....

Mfame Published 3y-1mo-6d-2h-43m ago

Biological Invasions Continue To Put A ‘Rise’ in Economic Losses

Biological invasions are responsible for substantial biodiversity declines as well as high economic losses to society and monetary expenditures associated with the management of these invasion, reads a recent article published in Nature. Economic costs of biological invasions According to a recent r....

Mfame Published 3y-1mo-6d-21h-39m ago

US Gasoline Build Curbs Crude Futures Amid Bullish Economy

Crude oil futures were rangebound in mid morning trade in Asia April 7 as a build in US gasoline stocks countered a stronger macroeconomic outlook in two closely watched reports released late April 6, reports Platts. Lack of equilibrium At 11:27 am Singapore time 0327 GMT , the ICE Brent June contr....

Mfame Published 3y-1mo-6d-22h-9m ago

CSSC Subsidiary Delivers China’s First Low-Speed LNG DF Marine Engine

According to an article published in Offshore Energy, CSSC’s subsidiary China Shipbuilding Power Group has delivered CX40DF, China’s first low speed LNG dual fuel marine engine, in Zhenjiang, Jiangsu. Engine Delivery The official delivery to China State Shipbuilding Corporation Limited CSSC Hu....

Mfame Published 3y-1mo-6d-22h-13m ago

Sustainable Alternative For Empty Containers

The Rotterdam firm K tainer has come up with a new sustainable alternative for empty containers, says an article published on K tainer. Cause of Initiative Some twenty million sea containers move across our planet, carrying freight to every corner of the globe. After being unloaded at their destinat....

Mfame Published 3y-1mo-6d-22h-27m ago

Kogas Orders LNG Bunker From HHI

According to an article published in LNG Prime, South Korean LNG importing giant Kogas said it has ordered a liquefied natural gas bunkering vessel from compatriot Hyundai Heavy Industries. Shipbuilding Contract Kogas said in a statement its newly established LNG bunkering unit signed the shipbuildi....

Mfame Published 3y-1mo-6d-22h-43m ago

Flagships Set To Debut World’s 1st Hydrogen-powered Vessels

The European innovation project Flagships will deploy the world’s first commercial cargo transport vessel operating on hydrogen later this year. The hydrogen cargo transport vessel will be owned by French inland shipowner Compagnie Fluvial de Transport CFT , a subsidiary of the Sogestran Group. T....

Mfame Published 3y-1mo-6d-23h-9m ago

A Platform That Helps To Increase Sustainable Marine Fuels Supply

According to an article published in Safety4sea, Danish innovation project ShippingLab revealed plans to create an internationally recognized platform for testing and validating new fuel solutions that can aid in reducing or eliminating GHG emissions from shipping. Project Aim The aim of the project....

Mfame Published 3y-1mo-6d-23h-11m ago

Do Covid Survivors Suffer ‘Brain Disease’?

According to an article published in CNN, as many as one in three people infected with Covid 19 have longer term mental health or neurological symptoms, researchers reported Tuesday. Lancet Psychiatry Study They found 34% of Covid 19 survivors received a diagnosis for a neurological or psychological....

Mfame Published 3y-1mo-6d-23h-25m ago

World’s Deepest Shipwreck Discovered & Mapped

The world amp 8217 s deepest shipwreck, the USS Johnston has been discovered by a US based crew.  The team mapped and filmed the wreckage in a 16hour extensive dive.  The ship lies 21 thousand feet under the sea in the Philippines.   It sunk by the Japanese navy after a gruesome 2 and half hour....

Mfame Published 3y-1mo-1w-23m ago

5 Bulkers To Get Nippon Paint Marine’s New Self-polishing Antifouling Paint

amp 160 Nippon Paint Marine said it has secured a first reference for its new self polishing antifouling paint FASTAR following an agreement with Turkey’s Iskenderun Ship Management, says an article published in MarineLink. Ata M and Toros M The Panamax ships Ata M and Toros M will drydock at C....

Mfame Published 3y-1mo-1w-54m ago

Crew Change Enhancements by Singapore MPA

Singapore MPA will consider the certain circumstances for crew change applications in Singapore. Singapore Crew Change Work Group SGCC WG has updated the Singapore Crew Change Guidebook SGCCG to reflect the updates. Version 6 of the SGCCG along with PMC 10 of 2021 are available for download on t....

Mfame Published 3y-1mo-1w-2h-48m ago

Suez Canal Authorities Plan for Expansion of Waterway

Suez Canal Chairman Osama Rabie told Reuters on Tuesday an expansion of the southern section of the waterway was under consideration. It is where the massive container ship Ever Given became stranded. The authority is also looking into procuring the kinds of cranes that could potentially offload car....

Mfame Published 3y-1mo-1w-2h-54m ago

Valletta To Install Cold Ironing for Cruise Calls

Cruise ships calling at the Mediterranean port of Valletta should be able to plug in for their power when docked at the port, reports ship amp 38 bunker. Two firms, Nidec Group and Excel Sis, have landed the contract to install electric ship power for visiting ships, according to Marine Link. Wha....

Mfame Published 3y-1mo-1w-4h-13m ago

Grappling with IMO’s COLREGS and Vessels Crossing at Channel Entrances

Let us assume your tug is leaving port, outbound in a narrow channel a nautical mile or two from the exit, making 8 knots. You are complying with IMO’s collision regulations COLREGS narrow channel rule 9 a and are sticking to the starboard side of the channel. You, however, observe a ....

Mfame Published 3y-1mo-1w-11h-33m ago

Importance of Cyber Security Onboard Ships

 Kemedi Moara Nkwe University of Plymouth amp 8220 NCSC can play a big role amp 8221 National Cyber Security Centres NCSC critical for shipping, says an article on Riviera. Assist in cyber security implementation NCSC amp 8217 s could be central to the maritime industry’s defence a....

Mfame Published 3y-1mo-1w-11h-41m ago

Gasnor To Supply LNG For Ulvan Rederi

Nowegian Gas Supplier Gasnor will supply Ulvan Rederi’s new hybrid vessel with LNG under the terms of a 5 year supply agreement, says an article published in Ship amp 38 Bunker. Ulvan Rederi amp 8217 s Ship Ulvan Rederi amp 8217 s ship the amp 8216 Oddrun With amp 8217 is under construction....

Mfame Published 3y-1mo-1w-11h-45m ago

Oil Price Plunged 4.6% Amid Virus Risk

According to an article published in Bloomberg Quint, Oil plunged the most in nearly two weeks as growing delays in Europe’s reopening and looming Iranian supply dampened hopes for a swift decline in global inventories. UK amp 8217 s Global trade Futures in New York fell as much as 4.6% on Monday....

Mfame Published 3y-1mo-1w-12h-6m ago

ABB Azipod Propulsion Marks 3 Decades of Excellence at Sea

According to a press release published by ABB, from its creation three decades ago to its market leading position in global shipping today, Azipod® propulsion has revolutionized marine transport with its unparalleled performance, efficiency, sustainability and reliability. Amazing Availability Rate....

Mfame Published 3y-1mo-1w-12h-14m ago

HMM’s 2022 Target is 1 Million TEU Fleet Capacity

HMM celebrated the 1st anniversary of its launching company under a new mission on April 1. HMM’s initiative was promoted to provide a focal point to various newly recruited members and to create a new shipping company culture. The change of company name is not just remembered as a shipping compan....

Mfame Published 3y-1mo-1w-13h-14m ago

Toyota Completes First Trial of Hydrogen Fuel Cell

Toyota has announced that it has completed its 1st sea trial of hydrogen fuel cell boat, says an article published in PlugBoats. Development of various fuel cell boats Toyota already has fuel cells working away on the Energy Observer research ship, which creates hydrogen from the sea water it travel....

Mfame Published 3y-1mo-1w-23h-45m ago

Aframax Tankers Runs Aground in Suez Canal

According to GAC.com, two Aframax tankers ran aground while transiting Suez Canal near the 132 kilometer mark, reports Maritime Bulletin.  What happened Two Aframax tankers in ballast ran aground while transiting Suez Canal near the 132 kilometer mark, about to enter Great Bitter Lake in northboun....

Mfame Published 3y-1mo-1w-1d-23m ago

BW Group Launches Brand New ‘Green’ Commercial Platform

Bonfils launches green tonnage chartering platform. New platform is backed by BW Group and Weco Shipping and aims to help charterers find amp 8216 greener amp 8217 tonnage. A well known name in dry bulk circles, Christian Bonfils, has formed a green tonnage chartering platform in Copenhagen, wit....

Mfame Published 3y-1mo-1w-1d-57m ago

Water Logged Equipment Leads To Crew Electrocution

Following its Safety Flashes series, IMCA described a case where a crewmember experienced an electric shock due to water in electrical equipment. The Incident There was an uncontrolled spraying of fresh water from a sounding pipe in the galley, resulting in electrical equipment getting wet. As a res....

Mfame Published 3y-1mo-1w-1d-1h-59m ago

Shipping Container Crunch Shows Signs of Easing

Container xChange saw turning point in mid February. Liners have realigned containers to meet transpacific demand. Elevated rates for shipping containers have begun to ease, according to market participants from various regions, but remain well above levels seen prior to the pandemic, reports ICIS. ....

Mfame Published 3y-1mo-1w-1d-2h-23m ago

Is Suez Canal Infrastructure Upgrade Imperative?

Egypt’s Suez Canal must move quickly to upgrade its technical infrastructure if it is to avoid future shipping disruption, shipping industry sources said, as the major trade route tries to bounce back from a costly six day closured, reports Reuters. Disruption in the supply chain International sup....

Mfame Published 3y-1mo-1w-1d-5h-9m ago

Highest Quarterly Sales Volume, Alphaliner Reports

The Alphaliner Weekly Newsletter is distributed every Tuesday. Information is given in good faith but without guarantee. The last three months of 2020 saw the highest quarterly sales volume by teu since 2017. Prices have firmed at high levels in some segments, yielding good asset play. The average a....

Mfame Published 3y-1mo-1w-1d-12h-25m ago

How Complicated Salvage and Wreck Removal Can Get

If you want to know how bad the Ever Given situation in the Suez Canal could have got, look no further than the MV Golden Ray in the United States, reports gcaptain. Cutting of Section Seven The car carrier had some 4,200 vehicles on board when it lost stability near the Port of Brunswick in amp ....

Mfame Published 3y-1mo-1w-1d-15h-38m ago

CRYO Shipping Establishes Bunkering Service In South-East Asia

According to an article published in Manifold Times, Norwegian downstream liquified natural gas LNG and biogas supply company CRYO Shipping CRYO on Friday 2 April said it is establishing its LNG bunker service in South East Asia, which was marked by an LNG bunkering operation completed by CRYO....

Mfame Published 3y-1mo-1w-1d-23h-2m ago

This New ‘Cargo-ship Based’ Technology Helps Forecast Tsunami

By using GPS data to monitor slight changes in elevation, the world’s fleet of commercial vessels could aid in forecasting incoming waves, reads an article in Wired. Swirling through Tsunami Boats steadily bob amid the waves. But a passing tsunami slightly alters the sea surface elevation, changin....

Mfame Published 3y-1mo-1w-1d-23h-8m ago

CSSC Begins Constructing 50 LNG-Fuelled Bulkers

According to an article published in Manifold Times, China State Shipbuilding Corporation CSSC on Thursday 1 April said Guangzhou Shipyard, a subsidiary of China State Shipbuilding Corporation, in collaboration with Guizhou Shipbuilding Co, a subsidiary of CSSC Guangxi, has officially started co....

Mfame Published 3y-1mo-1w-1d-23h-42m ago

Innospec’s New Bunker Fuel Additive Package

According to an article published in Ship amp 38 Bunker, Fuel additives manager Innospec has released its new suite of new bunker fuel additives for the marine and bunker fuel market. Products amp 8217 Aim The new Trident products are aimed at improving the flow properties and operability of ULSF....

Mfame Published 3y-1mo-1w-1d-23h-59m ago

Cargo Ship Hold-up Off LA Nears 6-month Mark

The average wait for L.A. berth space rises to eight days Delays saddle importers with extra costs, supply complications Ship congestion outside the biggest U.S. gateway for Asian imports remained elevated with the wait to offload containers lengthening to eight days, reports Bloomberg. Added cost i....

Mfame Published 3y-1mo-1w-2d-2m ago

Panama Maritime Authority Issues Guidelines To Fight Fatigue Onboard

As part of its latest Merchant Marine Notice, Panama Maritime Authority sheds light on the risks and concerns related to fatigue and other health risk activities on board, reports Safety4sea. Definition of fatigue According to the circular, shipowners or operating companies should pay special attent....

Mfame Published 3y-1mo-1w-2d-1h-26m ago

Why Maritime Workers Are on Protest?

Australian maritime workers will protest outside the head office of CSL Australia tomorrow, both to support Canadian seafarers who are fighting Canada Steamship Lines for job security and a fair contract, and in opposition to CSL replacing Australian crews working in the Australian coastal trade, re....

Mfame Published 3y-1mo-1w-2d-3h-54m ago

VDL AEC Installs 24 Scrubbers On Maran Vessels

VDL AEC Maritime says it has completed the Installation of 24 scrubbers on vessels of Athens based ship owner Maran Dry Management Inc, reports Ship amp 38 Bunker. Despite the challenges The programme has been underway for the last three years. amp 8220 Despite the many challenges at the various s....

Mfame Published 3y-1mo-1w-2d-4h-32m ago

Cargo Ship Collision, 17 Missing

A bulk carrier collided with local fishing vessel at around 1645 WIT UTC +7 Apr 3 northeast of Jakarta, West Java, Java sea, reports TOI. What happened A collision between bulk carrier and a fishing boat left 17 people missing off  Indonesia amp 8217 s main island of Java, officials said Sunday....

Mfame Published 3y-1mo-1w-2d-11h-59m ago

Arctic Route Gets Attention After Suez Debacle

The massive maritime traffic jam caused by Ever Given’s misadventure in the Suez Canal has highlighted the attractiveness of alternative routes via the North Pole. It implies a shift that carries strategic and commercial implications for South east Asia. Russian authorities used the opportunity to....

Mfame Published 3y-1mo-1w-2d-13h-31m ago

No Commercial Cargo Route Through Arctic, Reassures MSC

MSC Mediterranean Shipping Company has doubled down on its position to avoid considering the Northern Sea Route. It includes the Northeast and Northwest Passages on environmental grounds. An expansion of Arctic shipping could increase the emissions of so called black carbon – physical particles of....

Mfame Published 3y-1mo-1w-2d-14h-20m ago

[Watch] Out of Control Cargo Ship Scared Local Riverside Residents

Cargo ship scared sick local residents living in riverside houses in Chao Phraya river near Laem Temple, Phra Pradaeng District Samut Prakan, Bangkok, when the ship sailing downstream suddenly went out of control and landed onto riverside piers and houses, at around 1200 Bangkok time Apr 3, reports ....

Mfame Published 3y-1mo-1w-2d-21h-20m ago

Forwarders in Chaos, As Maersk Suspends Contract Bookings

Maersk’s decision to “temporarily suspend” spot and short term contract bookings from Asia following the Suez Canal blockage has left forwarders and NVOCCs scrambling for alternatives, reports the Loadstar. Spot market volatility Maersk estimated a loss of capacity across its network of up to ....

Mfame Published 3y-1mo-1w-2d-21h-52m ago

MOL Updates Its Version Of Environmental Strategy

According to an article published in Safety4sea, Japanese shipping company MOL revealed plans to further advance its environmental vision, shedding particular focus on achieving Net Zero GHG emissions through the group business to 2050. Plan Announcements  This was announced by the Group’s new Pr....

Mfame Published 3y-1mo-1w-2d-21h-57m ago

Suez Canal Finally Reopens After Giant Stranded Ship Freed

The extensive backlog caused after the Ever Given shipping container got stuck in the Suez Canal is set to finally come to an end. SCA officials said the last ships that were stranded after the massive vessel would pass through today. Osama Rabie, the chairman of the SCA, said 85 ships that were del....

Mfame Published 3y-1mo-1w-2d-22h-41m ago

Meriaura Group Develops 100% Carbon Neutral Transport Concept

According to an article published in Meriaura Group, Meriaura has started the preparation and design of a transport concept that targets to  100% carbon neutrality. Transportation Concept The concept is based on hybrid propulsion that combines sustainably produced bio oil and battery technology. In....

Mfame Published 3y-1mo-1w-2d-22h-57m ago

MAIB Issues Safety Warning on Laid Up Cruise Ship Anchor Failures

amp 160 The UK’s marine accident investigation branch MAIB has become concerned at the number of recently reported marine incidents involving cruise ship anchor systems failures and has published a safety bulletin to bring the issue to the attention of the cruise industry and to highlight the....

Mfame Published 3y-1mo-1w-2d-23h-2m ago

Baleària’s First LNG-fueled Ferry To Sail New Route

Spanish ferry operator Baleària has selected its LNG fueled ferry Hypatia De Alejandria to operate the route between the Spanish town of Motril and the Spanish autonomous city of Melilla in North Africa, reports Offshore Energy. First LNG ferry The 26,000 gross ton Hypatia de Alejandría is the fir....

Mfame Published 3y-1mo-1w-2d-23h-47m ago

Noise-Reduction Crude Carrier Wins DNV’s Regulation Certificate

According to an article published in Aju Business Daily, a 115,000 ton crude carrier built by South Korea amp 8217 s Hyundai shipbuilding group with underwater radiated noise reduction technology has received regulation certification from DNV, an accredited registrar and classification society bas....

Mfame Published 3y-1mo-1w-3d-8m ago

Crew Change Allowed for Foreign Seafarers

The government has allowed foreign seafarers to enter the country to board ships, Malacañang said on Tuesday. The decision was made following the recent meeting of the Inter Agency Task Force for the Management of Emerging Infectious Diseases IATF EID . Foreign seafarers would be allowed to ente....

Mfame Published 3y-1mo-1w-4d-10h-22m ago

Make Way for Ultra Clean Marine Fuel Made from Plastic Waste!

Marine fuels are turning more eco friendly as a new type of fuel made from plastic waste is set to enter the market, reports Mining.com What is it London based Clean Planet Energy announced the creation of two new ultra clean fuels manufactured to replace fossil fuels in the marine industry.  Acco....

Mfame Published 3y-1mo-1w-4d-11h-10m ago

Royal Alfred Seafarers’ Society Dedicates A Garden For Seafarers

The Royal Alfred Seafarers’ Society has established a Stella Maris Rose Garden at its specialist maritime care home to celebrate the centenary of the seafarer charity Stella Maris, formerly known as the Apostleship of the Sea, says an article published in Seanews. Garden for Seafarers The garden, ....

Mfame Published 3y-1mo-1w-4d-12h-20m ago

Ever Given Owner Declares General Average

As the investigation into the grounding of the Ever Given in the Suez Canal begins, the vessel’s Japanese owner, Shoe Kisen, this morning declared General Average, reports The loadstar. Circular From Evergreen And a customer circular from Evergreen, seen by The Loadstar, confirms that Shoe Kisen....

Mfame Published 3y-1mo-1w-4d-13h-48m ago

CDB Ship Leasing Assets Hit Record Of $5.26bn In 2020

According to an article published in Seatrade Maritime News, The total assets of ship leasing business of China Development Bank Leasing amounted to RMB34.18bn $5.26bn in 2020, hitting a record high. Growth of Ship Leasing Assets Among which the ship leasing assets amounted to CNY30.49bn and the o....

Mfame Published 3y-1mo-1w-4d-23h-50m ago

Suez Canal Block To Cause ‘Large Loss’ for Lloyd’s of London

The blockage of the Suez Canal for nearly a week will result in a “large loss” for Lloyd’s of London, its chairman said on Wednesday, reports Claims Journal. Trade block The Ever Given container ship blocked the crucial trade route for nearly a week before it was successfully refloated on Mon....

Mfame Published 3y-1mo-1w-5d-6h-11m ago

Ever Given Charterer Denies Responsibility for Cargo Delays

Evergreen risk exposure from Suez ‘very low’: President Hsieh. Company says 12 vessels it uses were impacted by shutdown of Suez. Taiwan’s Evergreen Marine Corp., which chartered the Ever Given vessel that grounded in the Suez Canal, halting marine traffic through the waterway for about six da....

Mfame Published 3y-1mo-1w-5d-6h-30m ago

US To Set New ‘VIDA’ Regulation For Discharges

The US is planning a new set of regulations for discharges from tankers and other vessels , including from ballast water and scrubber wash water, the “Vessel Incidental Discharge Act”. Steve Candito, CEO of Ecochlor, explained the implications, reports Tanker Operator. New Regulations The US En....

Mfame Published 3y-1mo-1w-5d-8h-30m ago

March JKM LNG Futures Volume Rises 8% YOY To 15.3 mmt

According to exchange and broker data, JKM LNG futures trading volumes cleared on financial exchanges in March rose 8% YOY to 15.3 million mt, or 79,804 lots, reports Platts. High MOM volume The March volume was 28% higher month on month. Total volumes traded in the first quarter of the year were at....

Mfame Published 3y-1mo-1w-5d-10h-33m ago

Wartsila Signs Minerva LNG Tankers Maintenance Deal

Wärtsilä has signed long term Optimised Maintenance agreements covering five LNG Carrier vessels owned and operated by Greece based Minerva Gas Inc., says a press release published on their website. Scope of the agreement Included in the scope of the agreements is Wärtsilä’s Expert Insight, a....

Mfame Published 3y-1mo-1w-5d-11h-55m ago

Update on Scrubber Discharge Bans in Countries & Ports

Countries and Ports to hold Restrictions on EGCS Discharges Apply, an article was published on North P amp 38 I Club. Scrubber in shipping industry It is known that the use of scrubbers has split the shipping industry. To date, several ports and regions have stated that they will not allow the disc....

Mfame Published 3y-1mo-1w-5d-12h-6m ago

MAN’s ME-GI Sets New Industrial Standard

Man Energy Solutions announced dual fuel engines more preferred in entirety, says a press release published on their website. ME GI a new industrial standard MAN Energy Solutions successful ME GI Gas Injection engine has set a new industrial standard for two stroke propulsion engines aboard. The ....

Mfame Published 3y-1mo-1w-5d-22h-48m ago

Inmarsat Signs Representation Agreement With SRH Marine Electronics

According to a press release published by Inmarsat, Inmarsat, the world leader in global, mobile satellite communications, has signed an agreement with SRH Marine Electronics for SRH to provide formal representation for support to customers in Greece and Cyprus, whose Inmarsat Maritime contracts wer....

Mfame Published 3y-1mo-1w-5d-23h-54m ago

Suez Backlog Moves, But Port Congestion Expected To Follow

Almost 400 ships poised to transit key commodity chokepoint Freight rates start to dip after brief Suez boost Maersk warns of port congestion and lengthy delays Southbound and northbound traffic on the Suez Canal has recommenced a day after the stricken Ever Given container ship was freed, market so....

Mfame Published 3y-1mo-1w-6d-33m ago

Grindrod Shipping Announces Sale of Tanker Trio

Grindrod Shipping Holdings Ltd, a global provider of maritime transportation services predominantly in the drybulk sector, announced two separate transactions with respect to its fleet, reports Yahoo Finance. Sale of tanker trio On March 11, 2021, the Company contracted to sell the 2013 built medium....

Mfame Published 3y-1mo-1w-6d-1h-24m ago

IMO Launches 8 Practical Measures To Support Low Carbon Shipping

To support the Low Carbon Shipping effort, the IMO Global Industry Alliance GIA published a guide with eight practical measures seaports can take to reduce greenhouse gas emissions from shipping. The Port of Rotterdam was actively involved in bringing about the guide and has put part of the recomm....

Mfame Published 3y-1mo-1w-6d-1h-41m ago

CNOOC Signs Deal To Supply LNG for Bulk Carrier Fleet

China National Offshore Oil Company CNOOC has signed a deal to supply LNG to GNG Ocean Shipping’s recently ordered fleet of small bulk carriers, reports LNG Prime. LNG supply to bulk carriers CNOOC said in a statement that its gas and power unit would fuel the 50 LNG powered vessels, but the sta....

Mfame Published 3y-1mo-1w-6d-1h-58m ago

8000 teu Icebreaker Container Ship Designed for NSR

Following the recent Suez Canal blockage situation, Aker Arctic has developed a new concept for the Northern Sea Route, an icebreaking Arctic container ship, says an article published in safety4sea. About the Container ship In fact, Aker Arctic has designed an 8000 TEU container ship for independent....

Mfame Published 3y-1mo-1w-6d-10h-7m ago

Propulsion Analytics and DNV Joins To Develop A CBM Ship Application

According to a press release published by Propulsion Analytics, Propulsion Analytics, a Greek high tech company providing vessel and engine performance evaluation applications, and DNV have received funding from Innovation Norway to develop a Condition Based Maintenance CBM application for ships. ....

Mfame Published 3y-1mo-1w-6d-20h-47m ago

Hanseaticsoft Launches CFM Accommodations & Emergencies To Help Shipping Companies

According to an article published in Hanseaticsoft, Hanseaticsoft has launched ‘CFM Accommodations’ and ‘CFM Emergencies’ within its fleet management system, Cloud Fleet Manager CFM to help ship managers better plan and allocate their crew’s accommodation, and to provide crew with detail....

Mfame Published 3y-1mo-1w-6d-20h-48m ago

Viridis To Play Lead In Green Shift In Shipping

Viridis Bulk Carriers aim to play a leading role in the green transition of the industry, offering their clients competitive, carbon free logistics solutions without sacrificing the performance of the vessels, says an article published in Arena Ocean Hyway Cluster. Most Promising Alternative Fuel Ma....

Mfame Published 3y-1mo-1w-6d-20h-50m ago

Engine Failure Causes Grounding of Bulk Carrier

In its Monthly Safety Scenario, the Swedish P amp 38 I Club describes a case of a bulk carrier grounding caused by engine failure. Shortly after departing port, a main engine slowdown alarm was triggered due to a loss of cooling water in the main engine. The Master ordered half head, but there was ....

Mfame Published 3y-1mo-1w-6d-23h-29m ago

HHI To Complete Hydrogen Value Chain by 2030

Hyundai Heavy Industries Group will complete a hydrogen value chain from production to transport, storage and sale of fuel cell by 2030, reports Pulse. Hydrogen roadmap 2030  Hyundai Heavy Industries Group with a mainstay in shipbuilding, robotics and rolling stock, unveiled its hydrogen roadmap 20....

Mfame Published 3y-1mo-1w-6d-23h-56m ago

Owner of Ship Stuck in Suez Canal Says Received No Compensation Claims

Shoei Kisen, the Japanese owner of a giant container ship which stuck and blocked the Suez Canal for almost a week, has not received any claims or lawsuits to seek compensation for damages from the blockage, a company official said on Tuesday, reports reuters. Compensation for Damage “There have b....

Mfame Published 3y-1mo-2w-1h-8m ago

Gasum Publishes Responsibility Highlights in 2020

The energy company Gasum has published its Corporate Responsibility Report and Responsibility Highlights for 2020. The report focuses on key impacts from the social, environmental and economic perspectives. Gasum takes determined steps to promote sustainable development in accordance with the princi....

Mfame Published 3y-1mo-2w-1h-10m ago

KR Granted AIP for 1st 8K Ammonia Bunkering Vessel

The Korean Register KR has granted approval in principle AIP for an 8K ammonia bunkering vessel, the first of its kind in Korea, reports offshore energy. Joint Development Project The bunkering vessel is owned by KMS EMEC, a design engineering company. The ship has been developed through a join....

Mfame Published 3y-1mo-2w-1h-13m ago

[FAQ] What Is Drayage & Why Is It Important?

Drayage is a key component of transporting cargos for short distances, usually within a city or region. Drayage forms a crucial part of the logistics supply chain for a host of businesses. Its the process through which your freight makes it from the port or intermodal terminal to the next mode of tr....

Mfame Published 3y-1mo-2w-1h-27m ago

Djibouti in Bunkering Spotlight Amid Suez Canal Crisis

The Suez Canal blockage has delivered a significant boost to marine fuel volumes at Djibouti highlighting the country amp 8217 s potential as a bunkering location for ships passing through the Gulf of Aden and the Red Sea, reports Ship amp 38 Bunker. Bunker volumes climb high Bunker volumes were....

Mfame Published 3y-1mo-2w-1h-51m ago

ICS Issues Statement on Cargo Ship Refloating

A ICS press release reports the statement from Guy Platten, Secretary General of the International Chamber of Shipping, on the refloating of the Ever Given. Traffic resumes to normal! Along with the wider shipping community, ICS is pleased and relieved by the news that the Ever Given has been succes....

Mfame Published 3y-1mo-2w-3h-31m ago

Foreship Expects Scrubber Demand to Increase

Independent naval architect and marine engineering specialist Foreship on Friday 26 March said with around 60 exhaust gas scrubber references it suggests that better than expected return on investments from open loop systems will translate into further orders once coronavirus related uncertainties....

Mfame Published 3y-1mo-2w-4h-40m ago

ABB’s Turbocharger Boosts Efficiency With Cleaner Fuels

Shipowners can find more efficiency and reduced emissions from their two stroke engines by applying the latest turbocharging technology, reports Riviera. New regulations Tankers and bulk carrier tonnage will have to shoulder most of the added pressure stemming from the introduction of the IMO Energy....

Mfame Published 3y-1mo-2w-6h-36m ago

MOL & Enviva Ink MoU To Explore GHG Emission Reduction

Mitsui O.S.K. Lines MOL and Enviva, have signed a memorandum of understanding agreement to develop and deploy an environmentally friendly bulk carrier, says a press release published on their website. MoU signed Enviva, a global energy company specializing in sustainable wood bioenergy, and Mitsui....

Mfame Published 3y-1mo-2w-11h-1m ago

MOL & Kyuden Inks LNG Fuel Supply Pact

Mitsui O.S.K. Lines, Ltd. MOL and Kyushu Electric Power Co., Inc. Kyuden announced the basic agreement for the supply of liquefied natural gas LNG to two LNG fueled ferries operated by MOL Group company Ferry Sunflower Limited Ferry Sunflower amp 8211 the Sunflower Kurenai and the Sunfl....

Mfame Published 3y-1mo-2w-11h-51m ago

Ex-Glencore Trader Charged With Oil Price Manipulation

A former Glencore Plc trader was charged by U.S. authorities with conspiracy to manipulate a key oil price benchmark, the latest sign that prosecutors around the world are stepping up their scrutiny of the notoriously opaque commodity trading industry, says an article published in Bloomberg. Fede....

Mfame Published 3y-1mo-2w-22h-10m ago

GE Consortium To Build HVDC System for Offshore Wind Farm

GE Renewable Energy’s Grid Solutions and Sembcorp Marine awarded the full contract for the high voltage direct current HVDC transmission system Once operational, the Sofia offshore wind farm will be able to generate enough renewable energy to meet the electricity needs of almost 1.2 million aver....

Mfame Published 3y-1mo-2w-22h-23m ago

The Key Outcome of IMO’s PPR 8 Sub-Committee

The 8th session of IMO’s Sub Committee on Pollution Prevention and Response PPR 8 took place virtually on 22 26 March 2021. Below is an overview of the key outcome of the meeting published by Lloyd’s Register on their website.  Amendments to the IBC Code Among others, the meeting approved ame....

Mfame Published 3y-1mo-2w-23h-4m ago

Furgo Divest Off Seabed Solutions

According to an article published in Furgo, Fugro has reached a binding agreement with PXGEO Seismic Services Limited PXGEO to sell certain assets and the related business of its non core subsidiary Seabed Geosolutions for USD 16 million approximately EUR 14 million in cash and the transaction i....

Mfame Published 3y-1mo-2w-23h-13m ago

Norwegian Collaboration To Launch Zero Emission Dry Bulk Fleet

Amon Maritime teamed up with Navigare Logistics and Mosvolds Rederi to create a zero emissions dry bulk shipping company, says an article published in Splash 247. Zero emissions dry bulk shipping  Ammonia fuel specialist Amon Maritime has teamed up with two Norwegian shipowners  Navigare Logistics....

Mfame Published 3y-1mo-2w-23h-26m ago

Contract Signed for Largest River-sea Combined LNG Carrier

Chinese gas supplier Shenzhen Gas has signed a contract with Hudong Zhonghua Shipbuilding for one firm and one option LNG newbuildings, reports Seatrade Maritime News. Largest river sea combined LNG carrier The 79,960 cu m vessel is the largest river sea combined type of LNG carrier developed by Hud....

Mfame Published 3y-1mo-2w-23h-56m ago

[Infographic] 35.4% Decline in Oil Revenues Amid Pandemic Crisis

The collective revenues of the world amp 8217 s top 14 publicly traded oil companies declined 35.4% in 2020, according to data compiled by Anadolu Agency from their financial results on Thursday. The year 2020 was a difficult year for oil markets, which saw both benchmarks record historic lows amid....

Mfame Published 3y-1mo-2w-1d-9m ago

Steer Through The Suez Canal – Simulation

The post Steer Through The Suez Canal amp 8211 Simulation appeared first on mfame.guru. ....

Mfame Published 3y-1mo-2w-1d-9h-22m ago

ClassNK To Lead Autonomous Shipping Risk Assessment Study

ClassNK has begun joint investigative research with Sompo Japan Insurance Inc.on risk assessment of autonomous ships, says a press release published on their website. Technology for autonomous operation Global efforts are accelerating toward the practical use of technology for autonomous operation i....

Mfame Published 3y-1mo-2w-1d-9h-53m ago

NextDecade & Oxy Low Carbon Sign CO2 Storage Term Sheet

NextDecade Corporation and Oxy Low Carbon Ventures OLCV , announced that they have executed a term sheet for the offtake and permanent geologic storage of CO2, says a press release published on Businesswire. Terms Of Agreement Under the terms of the agreement, OLCV will offtake and transport CO2 f....

Mfame Published 3y-1mo-2w-1d-10h-1m ago

US Navy On Alert Over Potential Pirate Attacks In The Cape Of Good Hope

Multiple shipping companies are reportedly contacting the U.S Navy about the potential risks of piracy for ships traveling around Africa to avoid the blocked Suez Canal, the Financial Times reported Friday, amid growing concerns that the sky scraper sized ship may end up blocking one of the world....

Mfame Published 3y-1mo-2w-1d-10h-15m ago

Demo Rates Shot Up Surpassing $500/ LDT

Demo rates have shot up in recent days, surpassing $500 per ldt and seeing many owners have a change of minds about their vintage vessels, reports splash247. Best Oasis Weekly Report “The subcontinent market is on an aggressive buying spree with Bangladesh leading the number game,” cash buyer Be....

Mfame Published 3y-1mo-2w-1d-12h-38m ago

Global Trade Disruption in Suez, May Take Months To Stabilize

The six day blockage of the Suez Canal by a massive cargo ship has triggered a series of disruptions to global trade. It could take weeks, possibly months, to unravel, said Maersk, the world amp 8217 s largest container shipping company. The Ever Given had been partially refloated as of Monday morn....

Mfame Published 3y-1mo-2w-1d-17h-13m ago

Suez Cleared & Insurance Losses Downplayed

Analysts at Morgan Stanley believe that the insurance impact from the obstruction to the Suez Canal will be amp 8216 minimal amp 8217 . This may be attributed that to the efforts to free the grounded container ship have finally proved successful. Egypt’s vital trade waterway has been completely....

Mfame Published 3y-1mo-2w-1d-17h-38m ago

Suez Canal Blockage, Countless Businesses Hit

A huge container ship that has been wedged in the Suez Canal since Tuesday has finally been freed from the shoreline. The Ever Given had been refloated at 15:05 13:05 GMT on Monday, thereby making free passage through the Suez Canal possible again. However, it is not clear yet when full traffic in....

Mfame Published 3y-1mo-2w-1d-17h-55m ago

Asian LR2 Tanker Premium Roll Back Amid Suez Canal Crisis

LR rates hit new 2021 highs East bound naphtha cargoes stuck West bound gasoil, jet fuel delayed Long Range 2, or LR2, clean tankers rates across Asia have flipped to a premium in Worldscale points over the LR1s for the first time in 10 weeks as supply tightens and uncertainty rises over the delays ....

Mfame Published 3y-1mo-2w-1d-22h-42m ago

LNG Spot Shipping Market To Stay Strong Amid the Suez Canal Incident

The overnight running aground of the containership, Ever Given, on both sides of the Suez Canal is unlikely to have a major impact on the LNG spot shipping market, reports ICIS. LNG spot shipping market amp 8220 Not really, amp 8221 answered a shipbroker when asked whether the grounding of the E....

Mfame Published 3y-1mo-2w-1d-23h-6m ago

Royal Caribbean To Resume Summer Mediterranean Cruises With Restrictions

Royal Caribbean plans to resume sailings of some of its cruises with vaccinated adult guests, says a press release published on their website. Individual Cruises Announce Vaccine Mandates The announcement concerns the 311 metres long amp 8216 Adventure of the Seas amp 8217 and the 294 metres lon....

Mfame Published 3y-1mo-2w-1d-23h-24m ago

Mega Boxship Contacts Pier

Another mega container ship in serious trouble after contacting the pier, reports Maritime Bulletin. What happened Mega container ship contacted the pier on Mar 27 at Ambarli Port, Turkey, said Turkish Maritime General Directorate.  The ship arrived at Ambarli, Istanbul, from Evyap Turkey, and con....

Mfame Published 3y-1mo-2w-2d-13m ago

ClassNK, MOL & NAPA Join To Develop Navigational Risk Monitoring System

ClassNK, NAPA and Mitsui O.S.K. Lines, Ltd.  has announced that the software they have been collaborating on to intelligently monitor and mitigate grounding risks has been verified, says a press release published on their website. Monitoring system The grounding risk monitoring system is based on s....

Mfame Published 3y-1mo-2w-2d-9h-22m ago

[Watch] Megaship Free! Refloated

Egyptian workers have been able to refloat the Ever Given after it spent six days stuck in the Suez Canal. The stranded container ship blocking the crucial trade route was refloated on Monday at around 5:42am 2:42pm AEDT and is currently being secured, Inch Cape Shipping Services said in a post on....

Mfame Published 3y-1mo-2w-2d-11h-5m ago

No Clear Winner Among the Fuels for Decarbonization

Shipping amp 8217 s decarbonization goals need immediate action but choosing a winner from among the various alternative fuels is difficult as they come with their own set of advantages and limitations, with no one size fits all approach holding good anymore as impending environmental regulations l....

Mfame Published 3y-1mo-2w-2d-13h-42m ago

DNV’s New White Paper To Address Safety Risks

New safety risks associated technologies will bring undoubted benefits. A new white paper from DNV reveals safety challenges and provides possible solutions to overcome them. A new white paper from DNV reveals safety challenges and provides possible solutions to overcome them. A DNV news report writ....

Mfame Published 3y-1mo-2w-2d-22h-42m ago

DNV Provides AiP To GTT & SDARI For A New Design Of LNG Fuelled Bulk Carrier

GTT and the ship designer SDARI1 have received Approval in Principle AiP from the classification society DNV for a new technical solution applied to LNG fueled Bulk Carriers Newcastlemax type2 fitted with GTT membrane tank, says a press release published by GTT. Tank Design GTT designed the tank....

Mfame Published 3y-1mo-2w-2d-23h-3m ago

Yara Marine Scrubbers Can Lower CO2 Emissions

According to an article published in Tanker Operator, Operating with scrubbers + heavy fuel oil can mean a shipping company makes lower CO2 emissions than using low sulphur fuel oil, says Kai Låtun , Director Sales and Public Affairs, Yara Marine Technologies. Low sulphur product The reason is a la....

Mfame Published 3y-1mo-2w-2d-23h-25m ago

Platts & SEA-LNG Join To Improve LNG Pricing Visibility

Platts and SEA LNG expands LNG fuel pricing visibility by a new collaboration, says a  press release published on their website. Fuel pricing visibility S amp 38 P Global Platts Platts and SEA LNG announced a new collaboration to increase visibility in fuel bunker pricing and improve decision ma....

Mfame Published 3y-1mo-2w-2d-23h-27m ago

Cheniere & Shell Oil Tankers ‘Reroute’ To Avoid Suez Canal Block

Cheniere and Shell/BG vessels change routes to avoid congestion at the Suez Canal in Egypt. The logjam has disrupted one of the busiest trade routes in the world. At least 10 tankers and container ships are altering course. At least 10 tankers and container ships, including two that are carrying nat....

Mfame Published 3y-1mo-2w-2d-23h-30m ago

TECO 2030 Moves To Next Phase of Marine Fuel Cell Development

TECO 2030 ASA has completed the feasibility and concept study for marine fuel cells together with its Austrian partner AVL List GmbH, says a press release published on their website. GHG emission reduction As informed, the company is now moving over to the next phase of maritime fuel cell developmen....

Mfame Published 3y-1mo-2w-2d-23h-52m ago

Panelists Discuss On Varying Fuel Qualities In Different Ships In FUJCON 2021

Panelists representing different aspects of the marine fuels supply chain on 24 March shared their perspectives on operational issues onboard vessels amidst varying bunker fuel quality at the 12th Fujairah International Bunkering and Fuel Oil Virtual Forum FUJCON 2021 , says an article published in....

Mfame Published 3y-1mo-2w-2d-23h-57m ago

UN Organizations Urge Prioritization of Seafarer Vaccinations

Unite Nations organizations last week issued a joint call for the world amp 8217 s seafarers to be prioritized for COVID 19 vaccination, stressing their key role in supporting global trade, reads the World Health Organization website. The heads of five UN organizations have called for maritime and ....

Mfame Published 3y-1mo-2w-3d-7m ago

Attempts To Refloat the Grounded Vessel

amp 160 One of two dredgers working to release the Evergreen containership, has nearly completed work to free its bow and attempts to refloat the vessel will begin shortly. Nearly 240 vessels are awaiting transit through the Suez Canal as further attempts are made to release the Panama flagged, 2....

Mfame Published 3y-1mo-2w-4d-12h-2m ago

Suez Blockage A Year Late for Shipping Giants

The blockage of the Suez Canal comes a year too late for shipping giants. The massive Ever Given container vessel remains beached across the channel. Moller Maersk and others will soon have to re route via South Africa, adding time and fuel costs. A year ago, with crude prices in free fall, many did....

Mfame Published 3y-1mo-2w-4d-12h-14m ago

Maritime Authorities Detained Two Vessels for Labour Rights Breaches

Australian maritime authorities have detained two vessels owned by a controversial Qatari shipping company for serious labour rights breaches just weeks after the crew on another of Aswan Trading and Contracting’s ships were driven to hunger strike off the coast of Kuwait, reports Splash247. Black....

Mfame Published 3y-1mo-2w-4d-15h-7m ago

Blockage In The Suez Canal To Cause Container Spot Rates To Escalate

Container spot rates from Asia to Europe look set to surge again, as carriers are obliged to blank sailings in response to the Suez Canal blockage, reports The Load Star. Covering extra fuel cost The Loadstar understands that shipping lines are considering introducing a Cape surcharge for vessels t....

Mfame Published 3y-1mo-2w-4d-22h-13m ago

Suez Canal Block Puts Global Trade in ‘Deep Water.’ Hers’s How.

The cargo ship blocking the Suez Canal is holding up traffic that carries nearly $10 billion worth of goods every day, so a quick clearing of the logjam is key to limiting the economic fallout, reads an article in Money Control. Efforts continued Thursday to dislodge the Ever Given container ship an....

Mfame Published 3y-1mo-2w-4d-23h-39m ago

Suez Canal Block Puts Global Trade in ‘Deep Water.’ Here’s How.

The cargo ship blocking the Suez Canal is holding up traffic that carries nearly $10 billion worth of goods every day, so a quick clearing of the logjam is key to limiting the economic fallout, reads an article in Money Control. Efforts continued Thursday to dislodge the Ever Given container ship an....

Mfame Published 3y-1mo-2w-4d-23h-39m ago

7 LNG Tankers To Skirt Suez Canal Following Containership Block

Ever Given owner: Aim to refloat the container ship by the night of March 27 local time LNG tankers, container ships diverted Saturday March 27 high tide awaited: brokers Refined product cargoes from Persian Gulf to Europe seen delayed by up to a week According to data intelligence firm Kpler, Se....

Mfame Published 3y-1mo-2w-5d-24m ago

RMI Claims The Youngest and Greenest Fleet Worldwide

The Republic of the Marshall Islands RMI Registry comprises the world’s youngest blue water fleet with an average age of 9.4 years based on Clarksons Research’s World Fleet Register, says a press release published on their website. Energy Savings Technologies Clarksons has established “green....

Mfame Published 3y-1mo-2w-5d-4h-6m ago

Ship Blockage At The Suez Canal Disrupts Global Shipping

The overnight running aground of a mega container ship that has blocked maritime traffic on both sides of the Suez Canal is delaying ship movement and will disturb trade flows in the near term, reports S amp 38 P Global Platts. The Suez Canal Market participants are already reworking itineraries fo....

Mfame Published 3y-1mo-2w-5d-7h-1m ago

Containership Aground in Suez Canal Partly Refloated

The container ship that ran aground in the Suez Canal yesterday has been partially refloated, shipping agent GAC said today. There are signs of a build up in tanker traffic at either end of the vital conduit. The Ever Given, an ultra large container carrier, was partially refloated as of 12:00 local....

Mfame Published 3y-1mo-2w-5d-12h-38m ago

Cargo Ship Fire, Firefighters Directed to Self-isolate

Fire erupts on a cargo ship berthed at Port Hedland overnight. A number of firefighters have been directed to self isolate after battling the fire. The ship’s crew had not yet been given permission to disembark under Western Australia’s COVID 19 laws. A recent news article published in the ABC N....

Mfame Published 3y-1mo-2w-5d-15h-22m ago

Dislodging Suez Canal ‘Blockage’ To Take Weeks

The Ever Given, a container ship, ran aground on March 23 after being caught in 40 knot winds and a sandstorm that caused low visibility and poor navigation. The vessel has wedged across the Suez Canal, blocking one of the world amp 8217 s busiest waterways. Authorities attempted to re float the ve....

Mfame Published 3y-1mo-2w-5d-23h-34m ago

Methanol Institute Join Hands With A.P. Moller Maersk

The Methanol Institute MI on March 24 announced A.P. Moller amp 8211 Maersk as the association’s newest member company, says an article published in Maersk. Vessel Plan Maersk’s first carbon neutral vessel will be a methanol dual fuel ship. It will have a capacity of around 2000 TEU and be ....

Mfame Published 3y-1mo-2w-5d-23h-37m ago

Seaspan Corporation Partners With Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

According to an article published in Seaspan, Seaspan Corporation has signed a Partnership Agreement with the Mærsk Mc Kinney Møller Center for Zero Carbon Shipping, joining with other partners to develop carbon neutral solutions and new alternative fuels. Global emissions tackle With 70,000 ships....

Mfame Published 3y-1mo-2w-5d-23h-47m ago

[Infographic] Ship Orders of Leading Containership Operators As of 2021

Statista Research Department has published a statistic report which represents the world amp 8217 s leading container ship operators as of March 17, 2021, based on the number of ships in their order books. Did you subscribe to our daily newsletter It’s Free! Click here to Subscribe! Source: Stat....

Mfame Published 3y-1mo-2w-5d-23h-55m ago

ICS Launches Vaccine Guide for Seafarers

According to a recently published press release on their website, The International Chamber of Shipping ICS has coordinated a number of shipping bodies in launching a practical guide on COVID 19 vaccinations for use throughout the industry. The guide is part of an effort to ensure that seafarers ar....

Mfame Published 3y-1mo-2w-5d-23h-55m ago

Wilhelmsen Invests US $500m for Renewables

Wilhelmsen wishes to re designs the organisation of the group portfolio to intensify growth of maritime services and renewable energy and decarbonisation, says an article published on their website. CEO of Wilhelmsen on their investment “Our strategy is very clear, we will contribute to the energy....

Mfame Published 3y-1mo-2w-5d-23h-55m ago

HMM Takes Delivery of Second 16,000 TEU Containership

Hyundai Heavy Industries hosted a naming ceremony for the 16,000 TEU container ship HMM Gaon, at its headquarters in Ulsan on March 22, reports Offshore Energy. Second newbuild from HMM The colossal containership is the second newbuild from a batch of eight ships ordered by HMM. The start of the del....

Mfame Published 3y-1mo-2w-6d-9m ago

Estimating the Overall Cost of Injury in Shipping Sector

There is a reason that safety initiatives can struggle to achieve sufficient support. For those of us responsible for safety in our organizations haven’t consistently conveyed the total injury costs to key decision makers. Some costs associated with an injury are apparent and easy to assign to a s....

Mfame Published 3y-1mo-2w-6d-5h-38m ago

Hapag-Lloyd AG Likely To Give A Sustainability-linked Senior Note

Hapag Lloyd AG plans to issue a sustainability linked corporate senior note in the amount of EUR 300 million. It will comply with the principles of the International Capital Market Association ICMA . To this end, a consortium of banks was engaged today to hold meetings with potential investors in t....

Mfame Published 3y-1mo-2w-6d-6h-37m ago

[Answer] What is IMO’s Global Integrated Shipping Information System?

International Maritime Organisation and its committees specifically the Maritime Safety Committee MPC and the Technical Cooperation Committee has been continually striving for better safety standards and working conditions at sea. IMO GISIS GISIS Global Integrated Shipping Information System is ....

Mfame Published 3y-1mo-2w-6d-21h-21m ago

Wärtsilä To Support LNG Carriers With Digital Solutions

Finland based Wartsila has entered two long term optimised maintenance agreements with Japan based NYK LNG Ship Management, reads the company website. The 15 year agreements, which were signed in December last year, came into force from January. LNG vessels with dual fuel engines Under the agreement....

Mfame Published 3y-1mo-2w-6d-22h-33m ago

New COVID Variants Cause A Surge in Seafarers Needing Crew Change

Shipping is concerned that the numbers of seaferers being impacted by the crew change crisis are on the rise due to travel restrictions imposed by governments in response to new variants, reads a press release from ICS. Surge in crew change crisis A total of 200,000 seafarers remain affected by the ....

Mfame Published 3y-1mo-2w-6d-22h-45m ago

Corvus Energy Offers Leasing for Energy Storage Systems

Corvus Energy, the global leading supplier of zero emission solutions for the ocean space, is now offering a global lease financing product in cooperation with Viridis Kapital, reads a news on their website. Zero emission solutions Halvard Hauso, CCO of Corvus Energy, “We are pleased to offer our ....

Mfame Published 3y-1mo-2w-6d-22h-58m ago

NGOs Urge IMO To Switch Fuel

According to an article published on Saftey4sea, Non governmental organizations are calling on the IMO to immediately reduce climate warming emissions of black carbon from ships currently using heavy fuel oil in the Arctic by some 44%, by switching them to cleaner distillate fuels. NGOs call IMO to....

Mfame Published 3y-1mo-2w-6d-23h-12m ago

Dorian-Kongsberg Signs Vessel Insight Installation Deal

Kongsberg Digital announced that Dorian LPG Ltd. has contracted to install Vessel Insight to its entire fleet of 22 LPG carriers, says an article published in marine insight. Purpose on installation of Vessel Insight The purpose behind installation of Vessel Insight by Dorian is to collect critical ....

Mfame Published 3y-1mo-2w-6d-23h-25m ago

Launch of Asia’s First ship-to-containership LNG Bunkering

Singapore is now able to provide liquefied natural gas LNG bunkering to larger LNG powered vessels. This is attributed to the launch of the first ship to containership bunkering operation in Asia on Wednesday. The bunkering operation involving the containership CMA CGM Scandola and Singapore amp ....

Mfame Published 3y-1mo-3w-2h-47m ago

IMO 2020 Rule & Road To Decarbonization Goals

Successful implementation of the IMO 2020 rule is attributed to the cooperation of the stake holders. It has provided a future pathway for impending stricter environmental rules and other changes in international shipping. IMO is working hard to promote the uptake of alternative fuels. It also aims ....

Mfame Published 3y-1mo-3w-3h-5m ago

Seafarers Caught in the Deadlock,Crew Change Expensive

amp 160 A standoff between commodities giants and shipping companies is prolonging the labor crisis at sea. An estimated 200,000 seafarers still stuck on their vessels beyond the expiration of their contracts and past the requirements of globally accepted safety standards. In an effort to keep de....

Mfame Published 3y-1mo-3w-3h-15m ago

U.K. May Include Shipping in New Emissions Trading Platform

amp 160 The U.K. government is considering whether to include the shipping industry in its new carbon market as it seeks ways to eliminate transport pollution by 2050, reports bloomberg quint. Emissions Trading System Maritime Minister Robert Courts said the U.K. may follow the European Union’s....

Mfame Published 3y-1mo-3w-4h-12m ago

Oil Price Rebounds On Suez Canal Blockage

Oil climbed as investors assessed the impact on global crude flows after a ship ran aground and blocked the Suez Canal, following a sell off on Tuesday, reports Yahoo Finance. Markets reprieve  Crude was also bolstered by positive economic data as Europe posted a record increase in factory output.....

Mfame Published 3y-1mo-3w-5h-2m ago

Americas Bunkers March 22-26 Key Market Indicators

West Coast ports track Asia lower Weaker US crude segments pressure Latin America Tight supply props up New Orleans premium over Houston Spot retail bunkers pricing trended lower the week of March 15 19 throughout the Americas, tracking a sharp decline in US energy futures amid demand concerns tied ....

Mfame Published 3y-1mo-3w-10h-45m ago

3 Countries Compete For Global LNG Market

Last year was an unprecedented year for natural gas and liquefied natural gas LNG markets. Whereas natural gas demand declined by 3%, LNG demand proved to be more resilient and managed to grow 1%. Nevertheless, the LNG market was extremely volatile, with periods of extreme oversupply alternating ....

Mfame Published 3y-1mo-3w-11h-55m ago

No Access To Vaccine for Seafarers To Affect Global Supply Chain

The International Chamber of Shipping ICS has warned that lack of access to vaccinations for seafarers is placing shipping in a ‘legal minefield’. This will as well leave the global supply chains vulnerable. ICS highlights concerns that vaccinations could soon become a compulsory requirement f....

Mfame Published 3y-1mo-3w-12h-19m ago

How 2020 Bulkers Is Prospering In The Dry Bulk Market

The best fleet in the drybulk segment, outperforming peers in terms of rates while keeping a low cash breakeven. Bullish supply/demand outlook for the next years in the drybulk market. Full alignment of interests, as founders and management are the largest shareholders. Free cash flow paid monthly a....

Mfame Published 3y-1mo-3w-12h-48m ago

A Look Inside The Flourishing Shipbuilding Industry

In ocean shipping, present success often breeds future failure. Across the decades, freight rate spikes have spurred newbuilding sprees, wiping out freight rates. Which brings us to today: Container freight rates are spiking and container ship newbuild orders are surging at yards in China, South Kor....

Mfame Published 3y-1mo-3w-12h-54m ago

Will New $2 Billion Icebreaker Fit Under Bridge?

Officials are amp 8220 confident amp 8221 Australia amp 8217 s new $2 billion icebreaker will fit under a Tasmanian bridge it needs to pass in order to refuel. The RSV Nuyina icebreaker is set to replace the Aurora Australis, which left Hobart on its final voyage to a Dubai shipyard in December....

Mfame Published 3y-1mo-3w-13h-1m ago

[FAQ] Understanding the Notion of Delivery Duty Unpaid in Shipping

amp 160 In international commercial transactions, the terms Delivery Duty Paid DDP and Delivery Duty Unpaid DDU are used to indicate two different types of sales and shipping transactions. Delivery Duty Unpaid DDU is defined as the delivery of goods to the buyer at the port of destination w....

Mfame Published 3y-1mo-3w-20h-36m ago

Hydrogen Fuel at LPG Stations To Nurture Hydrogen Ecosystem

The South Korean government will back infrastructure on hydrogen fuel supplying facilities and add hydrogen fuel at gas stations across the nation amid its push to nurture hydrogen ecosystem, reports Pulse News. Hydrogen shipping centers The Ministry of Trade, Industry and Energy announced Tuesday t....

Mfame Published 3y-1mo-3w-21h-28m ago

Hyundai Heavy Discloses New CO2 Shipping Solutions

According to an article published in BM Global, South Korea’s largest shipbuilding group, Hyundai, is pushing ahead with carbon dioxide shipping solutions. New CO2 Carrier system Hyundai Mipo Dockyard outlined plans to develop a containment system for new CO2 carriers, supported by class society t....

Mfame Published 3y-1mo-3w-22h-38m ago

Qatar Petroleum Contracts With Sinopec For LNG Supply

According to an article published in AA Energy, Qatar Petroleum has inked a 10 year LNG Sale and Purchase Agreement SPA with China Petroleum amp 38 Chemical Corporation Sinopec for the supply of 2 million tons per annum of LNG to China, the company announced on Monday. Contract Ceremony The M....

Mfame Published 3y-1mo-3w-23h-17m ago

Covid19 Crew Change Crisis Still On Run, Apprises IMO Secretary General

According to an article published in IMO, the crew change crisis caused by COVID 19 restrictions continues to cause challenges, despite some improvement in the numbers, the Secretary General of the International Maritime Organization has warned.   Industry Analysis In a statement, Secretary General....

Mfame Published 3y-1mo-3w-1d-17m ago

ClassNK Grants AiP for Sumitomo’s New Tanker Design

ClassNK has issued an Approval in Principle AiP for the design of a methanol dual fueled tanker developed by Sumitomo Heavy Industries Marine amp 38 Engineering Co., Ltd, says a press release published on their website. About the AiP Leading Classification Society ClassNK has issued an Approval....

Mfame Published 3y-1mo-3w-1d-3h-7m ago

Ningbo Containerised Freight Index

Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. The index is reported every Friday except Chinese holidays at 1600 Beijing . Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping Exchange Route 2021 0....

Mfame Published 3y-1mo-3w-1d-11h-5m ago

Increased Travel Restrictions Risk In Crew Change Crisis Outburst

A number of shipping bodies are concerned that the numbers of seafarers being impacted by the crew change crisis are on the rise due to travel restrictions imposed by governments in response to new variants where Calls are growing to ensure seafarers receive priority vaccines, says an article publis....

Mfame Published 3y-1mo-3w-1d-11h-58m ago

GEV Obtains AIP for Its C-H2 Ship Containment System

GEV is pleased to advise the American Bureau of Shipping has issued its Approval in Principle for the C H2 Ship containment system. It is based on a cargo capacity of 2,000 tonnes of hydrogen. The hydrogen containment system patent pending is the most critical component of the Company’s C H2 Shi....

Mfame Published 3y-1mo-3w-1d-15h-33m ago

Poorly Maintained Engine Leads To Fire Onboard Ro-Ro Vessel

The UK Maritime Accident Investigation Board reports on the investigation of the engine failure and fire on board the ro ro cargo vessel Finlandia Seaways resulting in injury to one crewman. Incident summary On 16 April 2018, the Lithuanian registered ro ro cargo vessel Finlandia Seaways suffered a ....

Mfame Published 3y-1mo-3w-1d-21h-47m ago

Maersk Seeks Biofuel Manager for Future Fuels Team

A.P. Moller amp 8211 Maersk is looking for a Biofuel Manager to join their newly established Future Fuels team and help them explore, assess and mature new carbon neutral fuels for their fleet. The future fuels team is a part of Maersk newly established Decarbonisation Group, which also covers ar....

Mfame Published 3y-1mo-3w-1d-22h-6m ago

UK Shipping Funds £20 Million To Propel Green Shipbuilding

Competition launched to develop innovations for a greener shipping future, including zero emission vessels and clean port infrastructure. Maritime investment will drive economic growth and ensure the UK builds back greener from the coronavirus COVID 19 pandemic. Comes as studies announced to suppo....

Mfame Published 3y-1mo-3w-1d-22h-16m ago

IGGS Group To Host Mediterranean Maritime Forum Online

This March, on 23rd and 24th, the eyes of the global maritime community will turn to the Mediterranean region as a well recognized maritime networking expert amp 8211 IGGS Group amp 8211 will host the virtual event amp 8211 Mediterranean Maritime Forum Online. Among the participants for thi....

Mfame Published 3y-1mo-3w-1d-22h-19m ago

Standard Club’s New Guides Tackle Key Loss Prevention Challenges

The Standard Club introduces Standard Club’s series of masters’ guides to tackle key loss prevention challenges, says an article published in Safety4Sea based on their exclusive interview with The Standard Club. Enhanced safety at sea Capt. Yves Vandenborn, Director of Loss Prevention, The Stand....

Mfame Published 3y-1mo-3w-1d-23h-35m ago

FFAs To Play a Key Role in LNG Market

Shipbroker Simpson Spence Young SSY claims forward freight agreements FFAs will play an integral role in the volatile LNG market, says a press release published on their website. LNG freight futures contracts  Intercontinental Exchange ICE amp 8211 an operator of global exchanges and clear....

Mfame Published 3y-1mo-3w-2d-2m ago

Weekly Bulk Report – Week 11, 2021

The Baltic Briefing has released a report about the dry bulk market for the 11th week of shipping activities of this year. The report dated 19th March highlights the dry bulk market conditions at the on sight of the 11th week. Capesize 5TC Capesize market  A steady build for the Capesize market saw....

Mfame Published 3y-1mo-3w-2d-7m ago

Weekly Tanker Report – Week 11, 2021

The Baltic Briefing has issued the tanker report for the 11th week of this year. The report dated 19th March 2021 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities. VLCC Rates have firmed slightly in the Atlantic and remain unmoved in the Mi....

Mfame Published 3y-1mo-3w-2d-15m ago

GreenVoyage 2050 & IMO Protocols

GreenVoyage2050 is a partnership project between the Government of Norway and the International Maritime Organisation. It aims to help developing countries and small island nations meet their environmental shipping target, in line with the IMO goal of cutting down CO2 emissions by 2050. Several coun....

Mfame Published 3y-1mo-3w-2d-10h-19m ago

Grounded Freighter Pulled Off Seabed

A freighter ran aground off northwestern Canakkale province on Thursday and was pulled off seabed on Saturday, reports AA.com. What happened Panama flagged freighter carrying cargo of silica sand ran aground near Bozcaada island off northwestern Canakkale province on Thursday and was was pulled off....

Mfame Published 3y-1mo-3w-2d-11h-38m ago

Swiss Government Proposes A Tonnage Tax For Maritime Activities

René Zulauf and Manuel Angehrn of Deloitte Switzerland look at how the federal government has planned to boost the country’s attractiveness as an international business hub for maritime activities, reports International Tax Review. 11th largest fleet Switzerland, located geographically in the hea....

Mfame Published 3y-1mo-3w-2d-12h-17m ago

Analysts Predict A Booming Global Economy in 2021

The global economy will accelerate in 2021, though with significant variation around the world, writes Bill Conerly for Forbes. Rebounds in goods trade The world will benefit from vaccinations, both directly in fewer illnesses and indirectly as lockdowns and fears subside. It will take most of 2021 ....

Mfame Published 3y-1mo-3w-3d-3h-17m ago

Total Committed To Work Towards Singapore LNG Ambitions

Total reinforces its commitment to developing Singapore into a major LNG maritime hub for Asia, says a press release published on their website. License awarded by MPA The Maritime and Port Authority of Singapore MPA has awarded a third Liquefied Natural Gas LNG bunker supplier license to Total....

Mfame Published 3y-1mo-4w-11h-32m ago

Demolition of Cargo Ship Far from Finished

The salvage crews began cutting apart the capsized Golden Ray. It is a shipwreck the size of a 70 story office building with 4,200 cars within its cargo decks. It has been predicted the demolition could be wrapped up by New Year’s Day but it is far from completion. A recent news published in the W....

Mfame Published 3y-1mo-4w-13h-54m ago

2.5 Year Intermediate Inspection and Test If Delayed, Must be Replaced

The UN Model Regulations for the Transport of Dangerous Goods were amended to determine that if the 2.5 Year Intermediate Inspection and Test is delayed. May be beyond the allowed 3 months after the specified date of expiry, the delayed test should be replaced with a 5 year Periodic Inspection and T....

Mfame Published 3y-1mo-4w-14h-8m ago

One for Future-Proof Design – All for Cleaner Shipping!

Deltamarin, Wärtsilä and Gasum present: Future proof ship design with Paul and the three maritime musketeers The IMO’s ambitious GHG strategy calls for massive emission reductions by 2050. At the same time, the pace of digitalisation is accelerating, says a press release published on their websi....

Mfame Published 3y-1mo-4w-20h-54m ago

[FAQ] Understanding the Notion of Delivery Duty Paid in Shipping

In international commercial transactions, the terms Delivery Duty Paid DDP and Delivery Duty Unpaid DDU are used to indicate two different types of sales and shipping transactions. DDU is defined as the sale and delivery of goods to the buyer after payment of customs duties. Marine Insight descr....

Mfame Published 3y-1mo-4w-21h-55m ago

Meiji Shipping Expanding Its LNG Tanker Fleet

Meiji Shipping is expanding its fleet of LNG tankers as part of efforts to strengthen its ship management business, says an article published in Argus Media. LNG shipping demand Japanese shipowner Meiji Shipping is expanding its fleet of LNG tankers as part of efforts to strengthen its ship manageme....

Mfame Published 3y-1mo-4w-23h-37m ago

LNG-to-Power FSRU Set To Begin Sea Trials

The joint venture between Karpowership and Mitsui OSK Lines the “KARMOL”, said its first floating storage regasification unit FSRU is set to begin sea trials off Singapore, says a press release published on MOL website. Begins sea trials off Singapore  KARMOL amp 8217 s first Floating Storag....

Mfame Published 3y-1mo-4w-1d-4m ago

ClassNK Certifies KHI’s “SOPass” Service

ClassNK certifies “SOPass” as Innovation Endorsement for Product amp 38 Solutions developed by Kawasaki Heavy Industries, Ltd. KHI , says a press release published on their website. ClassNK certification “SOPass” developed by Kawasaki Heavy Industries, Ltd. KHI , has been certified by L....

Mfame Published 3y-1mo-4w-1d-20m ago

Shipping Group Says 5% Should Be Zero Emission Fuels By 2030

At least 5% of fuel used by ships around the world will need to be zero emission by 2030 if the shipping industry is to meet decarbonization goals set out in the Paris Agreement, according to an environmental coalition of industry players, says an article published in IHS Markit. Working for Decarbo....

Mfame Published 3y-1mo-4w-1d-56m ago

Singapore Bunker Fuel Volume Rose By 6.2% On Year In February

Sales of marine fuels at Singapore port rose by 6.2% on year during February 2021, according to Maritime and Port Authority of Singapore MPA data, says an article published in Manifold Times. Bunker fuel trade In total, 4.12 million metric tonnes mt exact: 4,120,101 mt of various bunker fuels ....

Mfame Published 3y-1mo-4w-1d-1h-22m ago

Firm Vessel Rates Push Baltic Index Up By 23 Points

The Baltic Exchange amp 8217 s main sea freight index rose to 5 month peak, reports Yahoo Finance. Firm vessel rates The Baltic Exchange amp 8217 s main sea freight index rose to its highest in more than five months on Monday, as rates across vessel segments strengthened. Baltic dry index gain The....

Mfame Published 3y-1mo-4w-1d-5h-41m ago

New NOAA Vessel To Explore Deep Oceans Launched in Newport

New NOAA ocean exploration ship to be based in Newport, Rhode Island. The state of the art ship will operate off the coasts of the U.S. and its territories. Discoverer will be able to deploy remotely operated vehicles ROVs to explore the ocean. Newport, Rhode Island, has been chosen as the future ....

Mfame Published 3y-1mo-4w-1d-5h-47m ago

Container Shipping Sector Should Lead Maritime Industry To Decarbonization

Container shipping, with its direct exposure to retailers and consumers, should lead the maritime industry amp 8217 s journey to a zero carbon future, Morten Bo Christiansen, head of decarbonization at A.P. Moller Maersk , told S amp 38 P Global Platts in an interview, reports S amp 38 P Global. ....

Mfame Published 3y-1mo-4w-1d-6h-5m ago

BIMCO Covid 19 Weekly Announcement

The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID 19 in relation to implementation measures imposed by governments. This is concerning sea transport including for crew change as well as from the United Nation bodies like the IMO, WHO and ILO. BIMCO ....

Mfame Published 3y-1mo-4w-1d-10h-53m ago

Icebreaking Operations in Great Lakes At Full Speed

amp 160 Icebreaking operations in full swing on Great Lakes, Coast Guard says. Commanding Officer Travis Borchuk of the Canadian Coast Guard says the first time he was aboard an ice breaker was as an 18 year old cadet. He was aboard the CCGS Louis St Laurent on the Arctic Ocean. As per a CBC new....

Mfame Published 3y-1mo-4w-1d-11h-35m ago

Demolition of Capesized Ship With 4,200 Cars To Be Wrapped Up

Salvage crews in early November began cutting apart the capsized Golden Ray. A shipwreck the size of a 70 story office building with 4,200 cars within its cargo decks, they predicted the demolition could be wrapped up by New Year amp 8217 s Day. Months later, the job remains far from finished. Both....

Mfame Published 3y-1mo-4w-1d-11h-54m ago

Protocol for Shore-Based Personnel Boarding Vessels

Any shore based personnel who is going on board a vessel in the port must produce proof that he/she has a valid COVID 19 Polymerase Chain Reaction PCR test taken. It should be taken as part of the RRT programme before boarding the vessel. The test result must be within the last 14 days for shore b....

Mfame Published 3y-1mo-4w-1d-13h-41m ago

CMA CGM Catches Strong Shipping Market Continuing In First Half

Container shipping group CMA CGM said that it expected activity to remain strong in the first half of this year after brisk demand for consumer goods boosted its profits at the end of last year, says an article published in Reuters. CMA CGM Net profit earnings France based CMA CGM said its fourth qu....

Mfame Published 3y-1mo-4w-1d-22h-52m ago

Green Shipping Technologies For Cargo Ships

Shippers should invest in solar power as well as other technologies including zero emission hydrogen fuel cells and biofuels, which can be made of everything from leftover cooking oil to algae, says an article published in MH amp 38 L. Shipping industry amp 8217 s environmental menace Shipping i....

Mfame Published 3y-1mo-4w-1d-23h-11m ago

Asian Crude Market Amid Bullish H2 2021 Outlooks

Asia amp 8217 s crude oil market remained resolute at the start of the week beginning March 15 amid bullish sentiment fueled by improved second half 2021 outlooks, including OPEC amp 8217 s revised forecast for H2 2021 oil demand, reports Platts. Middle East Crude Trade activity in the week ahead ....

Mfame Published 3y-1mo-4w-1d-23h-48m ago

Weekly Bulk Report – Week 10, 2021

The Baltic Briefing has released a report about the dry bulk market for the 10th week of shipping activities of this year. The report dated 12th March highlights the dry bulk market conditions at the on sight of the 10th week. Capesize It was another rollercoaster week with high activity on the west....

Mfame Published 3y-1mo-4w-2d-3m ago

Woodside & Trafigura Trade World’s First Carbon Offset Condensate Cargo

Trafigura and Woodside collaborate on first carbon offset condensate cargo from Pluto LNG, says a press release published on their website. First cargo of carbon offset condensate  Woodside Burrup Pty Ltd Woodside and its Pluto LNG joint venture participants Kansai Electric Power Australia Pty Lt....

Mfame Published 3y-1mo-4w-2d-17m ago

INSW Announces Contract To Build Dual-fuel LNG VLCC Trio

Three LNG powered VLCCs to be built through partnership with Shell Half of Shell amp 8217 s time chartered ships to be powered by dual fuel LNG Aging fleet together with ESG targets set to keep fleet supply in check US based International Seaways INSW has signed an agreement to build three dual f....

Mfame Published 3y-1mo-4w-2d-20m ago

Ningbo Containerised Freight Index

Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. The index is reported every Friday except Chinese holidays at 1600 Beijing . Weekly composite index covering 20ft, 40ft, and Hi Cube box rates by Ningbo Shipping Exchange The weekly ....

Mfame Published 3y-1mo-4w-2d-25m ago

Weekly Tanker Report – Week 10, 2021

The Baltic Briefing has issued the tanker report for the 10th week of this year. The report dated 12th March 2021 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities. VLCC Middle East region rates Overall rates slipped further downwards, for t....

Mfame Published 3y-1mo-4w-2d-31m ago

CMA CGM Anticipates Strong Demand Amid Year-end Profits

Container shipping group CMA CGM expects activity to remain strong in the first half of this year after brisk demand for consumer goods boosted its profits at the end of last year, reports Reuters. Strong Q4 earnings  France based CMA CGM said its fourth quarter earnings before interest, tax, depre....

Mfame Published 3y-1mo-4w-2d-1h-57m ago

Shell Announces Its 10 New LNG Powered VLCCs Charter Contract

Shell will charter ten new Very Large Crude Carriers VLCCs powered by liquefied natural gas LNG , says a press release published on their website. Reduce carbon emissions  Shell will charter ten new Very Large Crude Carriers powered by liquefied natural gas as the energy giant seeks to reduce ca....

Mfame Published 3y-1mo-4w-2d-8h-55m ago

Seafarer’s Claims & Company Doctor’s Declarations

According to a recent article published in Business Mirror, companies argue that seafarers are not eligible for benefits by pointing to the medical reports that the seafarer’s illness is not work connected. Report from company designated physician  In most of the seafarer’s cases about disabili....

Mfame Published 3y-1mo-4w-2d-9h-20m ago

Foreign Flagged Ships Detained in the UK During February 2021

amp 160 The Maritime and Coastguard Agency MCA announced that six foreign flagged ships remained under detention in UK ports during February 2021 after failing port state control PSC inspection. New detentions During February, there were zero new detentions of foreign flagged vessels in a UK ....

Mfame Published 3y-1mo-4w-2d-11h-21m ago

ClassNK Grants First Remote Survey Notation To Newbuilding

ClassNK has granted its Remote Survey RMSV notation for an LNG fueled PCC operated by Kawasaki Kisen Kaisha, Ltd. “K” LINE , says a press release published on their website. Remote Survey RMSV notation  Leading Classification Society ClassNK has granted its Remote Survey RMSV notation fo....

Mfame Published 3y-1mo-4w-2d-11h-31m ago

Kiel Lock Gate Accident Restricts Canal Transits

Kiel canal transit was restricted after a general cargo ship struck Northern Lock’s Gate in Kiel, Kiel Canal at around 1800 UTC Mar 13, reports Maritime Bulletin.  What happened A general cargo ship struck Northern Lock’s Gate in Kiel, Kiel Canal at around 1800 UTC Mar 13, while entering Canal....

Mfame Published 3y-1mo-4w-2d-11h-41m ago

[Watch] Passenger Ship on Fire

Fire erupted onboard a cruise ship, berthed at Kerkira, Corfu, Greece, in the afternoon Mar 12, reports Maritime Bulletin.  Raging fire Fire seems to be raging starboard on a lifeboat deck, one of the lifeboats seemingly engulfed in fire.   According to reports, there’s a lot of thick black smo....

Mfame Published 3y-1mo-4w-2d-11h-44m ago

Rainbow Painted Containers To Join Maersk’s Fleet For The World Tour

In July 2020, two fully functional Maersk containers were skillfully painted with a rainbow to join Maersk’s fleet. On March 11, 2021, they will embark on their World Tour, reports Maersk. The Itinerary First part of the journey for the 40 and 20 foot rainbow containers will be aboard the Maersk E....

Mfame Published 3y-1mo-4w-2d-21h-34m ago

The ‘Domino Effect’ Of Container Shortage Distorts The Supply Chain

Even though the one year anniversary of the COVID 19 lockdowns is upon us and our world is starting to slowly open up in a way we have not been accustom to these last several months, the negative effects of buying more goods, both on line and in store is catching up with us, reports Forbes. Disrupti....

Mfame Published 3y-1mo-4w-2d-21h-35m ago

OPEC+ Production Cuts May Lead To A Sharp Rise In Tanker Rates

The extension of the Organisation of the Petroleum Exporting Countries plus Opec+ output cuts into April may lend strength to oil prices, but will intensify the pain felt by the tanker shipping sector, reports The Star. Production Increase Nonetheless, analysts believed this would also set the sta....

Mfame Published 3y-1mo-4w-2d-21h-36m ago

Lloyd’s Register Takes Up Exmar’s Ammonia-Fuelled Gas Carrier

Lloyd amp 8217 s Register has approved designs for an ammonia fuelled 40,000m³ midsize gas carrier put forward by Belgium based shipowner Exmar, says an article published in Argus. Ship Design The ship was designed by China amp 8217 s Jiangnan Shipyard and Finland amp 8217 s Wartsila developed t....

Mfame Published 3y-1mo-4w-2d-22h-53m ago

Zeaborn Ship Management Employs Wärtsilä Fleet Operations Solution For Navigational Excellence

Hamburg based third party ship manager Zeaborn Ship Management ZSM has chosen Wärtsilä Voyage’s Fleet Operations Solution FOS as the digital navigation platform for its managed tanker fleet, says a press release published by Wartsila. Wärtsilä Voyage Order Each of their 12 vessels will de....

Mfame Published 3y-1mo-4w-2d-23h-51m ago

Oil Pricing Overhaul Delays Shipping Cost Uproar

Platts defers plan to include West Texas oil prices in its basket of international crudes following pushback from industry, says an article published in The World Street Journal. Plans put on hold Plans for the biggest overhaul in decades of how international oil prices are measured are being put on....

Mfame Published 3y-2mo-29m ago

LR1 Rates Record 2021 Highs Amid Increasing Vessel Delays

East of Suez Long Range 1, or LR1 tankers traded at the highest level seen in 2021, on the back of tight supply as more ships delay their return to the Persian Gulf, reports Platts. Tankers for cargo backhaul  More tankers are getting backhaul employment for loading cargoes in North Asia and this h....

Mfame Published 3y-2mo-1h-32m ago

Deferring Dry-docking Due To Surging Prices

An increasing tendency for containership operators to defer dry docking operations to keep their vessels trading could be building unseen congestion pinch points for the industry, says an article published in The Loadstar. Dry docked Ships Leading hull paint supplier Nippon Paint Marine said a numbe....

Mfame Published 3y-2mo-1d-11h ago

Modern Bunkering Options Transforming Panama Canal Bunker Industry

In a pioneering tanker move, Monjasa enables outer anchorage bunker supplies off Cristobal. This means significantly less idle time for larger ships taking bunkers in the Panama Canal, says a press release on their website. Sustain the Attractiveness Global oil and shipping group Monjasa brings MT M....

Mfame Published 3y-2mo-1d-20h-28m ago

K Line Promotes ‘Carbon Neutrality’ As Decarbonization Strategy

K Line plans to establish a new department focusing on businesses and projects for carbon neutrality including renewable energy effective on April 1st, 2021, reads the company newsletter. Need for maritime decarbonization The requirement of de carbonization is rapidly growing in the world and it acc....

Mfame Published 3y-2mo-2d-30m ago

[Watch] Bunker Oil of 30Tonnes Recovered Off Historic Shipwreck

Emergency responders have recovered nearly 30 tonnes of bunker oil that continues to leak from a historic shipwreck off the west coast of Vancouver Island, reports CTV News. Historic shipwreck The 150 metre cargo ship MV Schiedyk ran aground and sank in Nootka Sound in January 1968. The wreck lay do....

Mfame Published 3y-2mo-2d-47m ago

Real-time Vessel Tracking & Seafarers’ Help System Launched

PM Modi inaugurates amp 8216 Maritime India Summit 2021 amp 8217 , launches e book of maritime vision 2030 aimed at making the industry at par with the top global benchmark, reports The Hindu Business Line. Benefits India launched a real time vessel tracking system that can help seafarers and fis....

Mfame Published 3y-2mo-2d-3h-10m ago

Baltic Index Slips from 5-month High

The Baltic Exchange amp 8217 s main sea freight index drifted lower on Thursday, slipping from 5 month high, reports Yahoo Finance. Baltic index drift The Baltic Exchange amp 8217 s main sea freight index drifted lower on Thursday, having gained in the last seven sessions to hit a high since Octob....

Mfame Published 3y-2mo-2d-4h-26m ago

Tokyo MoU Launches Guidance on Remote PSC Inspections

Tokyo MoU launches remote PSC inspections as a practical alternative in the interim, says a press release published on their website. Remote PSC inspections  In response to the impact of the pandemic to PSC activities, Tokyo MoU decided to launch remote PSC inspections as a practical alternative in....

Mfame Published 3y-2mo-2d-10h-4m ago

Uniper Scaling Up Green Methanol for Emission-free Shipping

The Green Methanol Cooperation GMC wants to establish green methanol on the market. Green methanol is carbon neutral and can be extracted from the air. Environmentally friendly solution to stricter regulations in the maritime industry Germany’s Uniper has teamed up with shipping service provider....

Mfame Published 3y-2mo-2d-10h-37m ago

Stena, Latsco & UECC Discuss on ‘Decarbonization Practicality’

At a webinar organised by DNV GL, senior representatives of Latsco, Stena Teknik and UECC shared perspectives on the practicality of decarbonising shipping, reports Tanker Operator. IMO2050 target Harry Robertsson, technical director of Stena Teknik, Stena’s internal technical advisory company, sa....

Mfame Published 3y-2mo-2d-11h-1m ago

ReCAAP ISC Reports 3 Armed Robberies in Asia

Three incidents of armed robbery against ships in Asia in February 2021, reports ReCAAP ISC. Incidents reduced There were three incidents of armed robbery against ships in Asia in February 2021, according to ReCAAP ISC amp 8217 s monthly report. No piracy incident was reported.  The number of inci....

Mfame Published 3y-2mo-2d-11h-48m ago

CARB To Crack Down on Illegal Vessel Fuels From May

The California Air Resources Board CARB staff will begin additional analysis of fuel samples taken during the inspection of ocean going ships to verify compliance with the local environmental regulations, starting in May 2021, reports safety4sea. Scrubber compliance not allowed! According to the S....

Mfame Published 3y-2mo-2d-21h-30m ago

BIMCO & RINA Propose New Method To Calculate Ships’ Energy Efficiency

BIMCO and the RINA have identified a need for an alternative method to determine an accurate reference speed. The aim is to secure that older ships also can obtain a reliable energy efficient design index. BIMCO and the Royal Institution of Naval Architects RINA proposed an alternative method in o....

Mfame Published 3y-2mo-2d-21h-56m ago

Industry Leaders Back $5b UN Proposal To Decarbonise Shipping

Industry partners welcome “moon shot” proposal from governments to set up a $5 billion USD fund to help shipping meet UN decarbonisation goals. Governments controlling a major share of world shipping to submit detailed proposals to the United Nations International Maritime Organization. Shipping....

Mfame Published 3y-2mo-2d-22h-25m ago

Why Supertankers Are Losing Almost $7,000 a Day?

Daily earnings slumped to the lowest since at least 2017. Rates hit by OPEC production cuts and an oversupply of vessels. Supertanker amp 8217 s loss deepened to $6,779 a day amid OPEC cuts, writes Alex Longley for an article published in Bloomberg. What is the reason With too many vessels to haul....

Mfame Published 3y-2mo-2d-23h-48m ago

Singapore Ratifies Convention on the International Organization for Marine Aids to Navigation

Singapore is the first country to ratify the Convention on the International Organization for Marine Aids to Navigation, says a press release published on the MPA website. Ratifying the Convention  On 9 March 2021, Singapore ratified the Convention on the International Organization for Marine Aids ....

Mfame Published 3y-2mo-2d-23h-50m ago

Cargo Demand To Boost 2021 Dry Bulk Rates, Says Goodbulk

GoodBulk Ltd., a leading owner, and operator of dry bulk vessels announces its financial results for the fourth quarter of 2020, says an article published on their website. 4th Quarter Highlights Generated $7.6 million of net profit resulting in earnings per share EPS of $0.25. EBITDA for the peri....

Mfame Published 3y-2mo-2d-23h-53m ago

[Watch] Cargo Ship Sinks, 2 Dead

General cargo ship sank in stormy weather east of Constanta, Romania, with cargo of coal, reports Maritime Bulletin.  What happened A general cargo ship loaded with cargo of coal sank in stormy weather east of Constanta, Romania, early in the morning Mar 11. She was en route from Rostov, Azov sea,....

Mfame Published 3y-2mo-3d-34m ago

TERNA S.A. Awarded MAN Energy Solutions LNG Project

Greek Construction Company, TERNA S.A., a 100% subsidiary of the GEK TERNA Group, has awarded MAN Energy Solutions the contract for the engineering of, and supplying services to, an LNG truck loading infrastructure project, says a press release published on their website. About Development Programme....

Mfame Published 3y-2mo-3d-3h-33m ago

Dry Bulk Market To Witness ‘Perfect Rainbow’ Amid Healthy Outlook

US based dry bulk owner is bullish on the sector this year, and is even more so for 2022 due to a continuing shrinking fleet. The capsize rates should bounce back by April. The market was hit by supply issues rather than any demand concerns. GENCO, a US listed bulker owner, is positive on freight ra....

Mfame Published 3y-2mo-3d-6h-46m ago

Major Exporters In Asia Take Measures To Curb Container Shortage

Some of the world amp 8217 s biggest exporters in Asia are intervening to alleviate a shipping container shortage that jeopardizes their overseas trading,  reports Bloomberg Quint. Container Shortage  Government owned Indian Railways has moved empty boxes to inland depots like Delhi from seaports....

Mfame Published 3y-2mo-3d-7h-43m ago

Additional Fuel Analysis Starts in May 2021, Announces CARB

Members may recall the club’s recent update on the requirements for complying with the California Ocean Going Vessel OGV Fuel Regulation. The OGV Fuel Regulation requires the use of marine distillate grade fuel marine gas oil or marine diesel oil with a maximum sulfur level of 0.1%. This is po....

Mfame Published 3y-2mo-3d-12h-37m ago

Intermittent Winch Use Leads To Remote Control Failure Onboard

As part of its Safety Flashes, IMCA analyzes a failure of the winch remote control and emergency stop, during recovery of a rescue boat to the davit onboard. The Incident There was a failure of the winch remote control and emergency stop during recovery of the rescue boat to the davit. The incident ....

Mfame Published 3y-2mo-3d-22h-43m ago

Fujairah Oil Stocks Record 18-months Low Amid Demand Recovery

Heavy distillates inventories plunge 20% Drop in light distillates seen short lived OPEC+ cuts also contributing to shrinking stocks Inventories were at record 30.71 mil barrels in June Oil products stockpiles at the UAE amp 8217 s Port of Fujairah slumped to an 18 month low, with fuel oil recordin....

Mfame Published 3y-2mo-3d-23h-1m ago

Stena Bulk Unveils InfinityMAX Vessel Design Concept

Leading tanker shipping company Stena Bulk has unveiled its concept InfinityMAX hybrid bulk carrier design, pushing the boundaries for zero carbon, multi modal vessel design in shipping, says an article published in Stena Bulk. Bulk Carrier Design The InfinityMAX concept, which is designed to carry ....

Mfame Published 3y-2mo-3d-23h-21m ago

Round Table of International Shipping Address Major Maritime Issues

The Round Table of International Shipping Associations RT consists of BIMCO, INTERCARGO, ICS and INTERTANKO. Leaders of the round table debated over the key issues in the maritime industry. Leaders of the Round Table of International Shipping Associations amp 8211 BIMCO, INTERCARGO, Internation....

Mfame Published 3y-2mo-3d-23h-24m ago

Phenols In Singapore Bunker Fuel Samples, Alerts Testing Firm

amp 160 Maritec Pte Ltd Maritec said it has tested and has evidence of Phenols appearing in several Singapore VLSFO samples in Jan/Feb 2021, says an article published in Ship amp 38 Bunker. Two consecutive instances recorded Maritec reports it has recorded two consecutive instances of the sa....

Mfame Published 3y-2mo-3d-23h-44m ago

Maritime Giants Sign MoU To Explore Ammonia

Maritime industry leaders announced their Memorandum of Understanding MoU to jointly explore ammonia as marine fuel in Singapore, says a press release published on Maersk website. Who are working together The below companies announced that on Wednesday 10 March , the parties have entered into a ....

Mfame Published 3y-2mo-3d-23h-51m ago

[FAQs] What Happens When a Ship Is Too Old To Sail?

Every ship owner should and will know what happens to a ship when it’s too old to sail anymore. An article published in Safety4Sea explains the same. Let’s look at the possible scenarios in this article.  What is a ship’s average lifespan The average lifespan of a ship is 25 30 years. After ....

Mfame Published 3y-2mo-4d-4m ago

ClassNK Releases Guidelines for ROV/AUV

ClassNK released its “Guidelines for ROV/AUV” to meet industry needs related to the establishment of safety standards for innovative technologies and third party certification, says a press release published on their website. Guidelines for ROV/AUV Leading classification society ClassNK has rele....

Mfame Published 3y-2mo-4d-12m ago

MOL Upgrades AR Navigation System

MOL enhances the function of the AR Navigation System to support vessel navigation inorder to help navigators avoid dangerous shallow areas, says a press release published on their website. AR navigation system upgrade  TOKYO Mitsui O.S.K. Lines, Ltd. announced an upgrade to the AR navigation syste....

Mfame Published 3y-2mo-4d-15m ago

Kamsarmax Fleet Hits the 100m dwt Milestone

The kamsarmax fleet has hit the 100m dwt milestone capacity and stretches away from panamax, reports Splash 247. Kamsarmax a strong start  According to Braemar ACM data, the kamsarmax fleet has hit the 100m dwt milestone, with a strong start to the year in terms of newbuild deliveries. 16 kamsarmax....

Mfame Published 3y-2mo-4d-25m ago

Mysterious Tanker and Its Connections To UK

When a mysterious tanker crashed off an Odesa beach two years ago, oil came rushing out of its hull and so did the UK’s complicity in lax corporate oversight around the world. At the start of February 2021, the Ukrainian government took Mister Drake to court. Its aim was to strip the UK entity of ....

Mfame Published 3y-2mo-4d-12h-10m ago

Getting To Zero Coalition By 2030, Shipping Decarbonization

The ambition of the Getting to Zero Coalition is to have commercially viable zero emission vessels operating along deep sea trade routes by 2030. But at what degree of adoption do zero emission fuels become “commercially viable” An S curve based analysis suggests that zero emission fuels need t....

Mfame Published 3y-2mo-4d-12h-43m ago

DNV GL Bestows Hyundai Mipo Dockyard (HMD) with AiP

DNV GL presented Hyundai Mipo Dockyard HMD with an Approval in Principle AiP . It recognizes the technical feasibility of the new Con Green 2000 vessel design under the new DNV GL rules. In preparing the AiP, DNV GL has worked with HMD to verify the performance of the design and assess the compli....

Mfame Published 3y-2mo-4d-13h-6m ago

LPG Shipping Firm Orders for 3 Dual Fuel LPG Carriers

Petredec Holdings opts to construct an additional three 93,000 cu m LPG carriers with dual fuel LPG propulsion at China’s Jiangnan Shipyard, reports Splash 247. Construction of LPG carriers LPG shipping and trading firm Petredec Holdings has exercised its option to construct an additional three 93....

Mfame Published 3y-2mo-4d-14h-17m ago

Carbon Neutral LNG Buyers Alliance Formed To Offset Emissions

Japan amp 8217 s city gas supplier Tokyo Gas and 14 firms across different industries established the Carbon neutral LNG Buyers Alliance to promote the use of the sustainable LNG. The 14 companies are those that signed an agreement to purchase carbon neutral city gas from Tokyo Gas. The alliance ai....

Mfame Published 3y-2mo-4d-21h-55m ago

Electronic Lookout Technology Launched for Better Vessel Safety

A Riviera Maritime white paper evaluates the possibilities and challenges of substituting the function of the lookout with a technology based system. Functional descriptions for lookout When assessing the possibilities of defining a machine based visual lookout for use in ships in international comm....

Mfame Published 3y-2mo-4d-22h-12m ago

Shell Expands LNG Bunkering Fleet With New Charter

Shell, in their website, has announced the charter of a new LNG bunkering supply vessel, currently being constructed in Spain, as it looks to expand its LNG marine fuel business. Expanding LNG bunker infrastructure Tahir Faruqui, general manager of Shell Global Downstream LNG said, “Shell plans to....

Mfame Published 3y-2mo-4d-22h-56m ago

World’s First Ship Tunnel Gets a Go Ahead

The much debated giant engineering work, the world’s first shipping tunnel, gets go ahead with state funding, says an article published in Splash 247. Ship Tunnel in 2022  The Norwegian Coastal Administration Kystverket will compete a tender process this year with construction to start on the S....

Mfame Published 3y-2mo-4d-23h-4m ago

Impacts of Seafarer’s 72 Hours Strike

A 72 hour strike by Greek seafarers February 23 25, had limited impact of ships outside the country but caused considerable disruption to vital sea transportation domestically as ferries remained at berth and congestion in ports built up, reports Seatrade Maritime. Constructive Talks Also, what thre....

Mfame Published 3y-2mo-5d-33m ago

Maritime Bodies Plans For Road Shows In Promotion Of Indian Seafarers

Leading maritime bodies plan to conduct road shows in Europe to promote Indian seafarers, taking a cue from the Maritime India vision document that was recently released by the Indian government, says an article published in Outlook India. India Vision 2030 Document Last week, Prime Minister Modi un....

Mfame Published 3y-2mo-5d-49m ago

Seafarers To Have More Support, Counselling & Internet Access

The Seafarers Welfare Board has been providing counselling, access to books, the internet and toll calls to seafarers for years and a charity providing support services to visiting seafarers will be able to increase resources following a funding boost from the government, says an article published i....

Mfame Published 3y-2mo-5d-1h-35m ago

CNPC Made New Oil Discovery in Northeastern Upper Nile State

A consortium led by China’s state run CNPC has made a new oil discovery in South Sudan’s northeastern Upper Nile state with more than 300 million barrels of recoverable oil, the country’s oil minister Awow Daniel Chuang said Tuesday, reports  NeighborWebSJ. Awow Daniel Chuang Comments An expl....

Mfame Published 3y-2mo-5d-4h-31m ago

LR Acquired C-MAP Commercial from Navico Group

LR has acquired the C MAP commercial marine business from Navico Group, reports LR. About The Transaction The transaction for the leading provider of commercial marine cartography and digital publications, shore side and shipside voyage optimization, cloud based fleet management and fleet analytics ....

Mfame Published 3y-2mo-5d-4h-41m ago

How Shuttle Tankers Work In The Piercing Cold Waters Of The Arctic Seas

The work of shuttle tanker crews in the Arctic is significantly influenced by environmental conditions and navigators have to deal with phenomena such as icing, reports Riviera. Exploring in sub zero temperature  Captain Alexander Andreev has vast experience in Arctic waters and explains the metho....

Mfame Published 3y-2mo-5d-5h-55m ago

Weekly Tanker Report – Week 9, 2021

The Baltic Briefing has issued the tanker report for the 9th week of this year. The report dated 05th March 2021 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities. VLCC OPEC seemed to be the focus of most players this week, with production q....

Mfame Published 3y-2mo-5d-10h-52m ago

Ningbo Containerised Freight Index

Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. The index is reported every Friday except Chinese holidays at 1600 Beijing . Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping Exchange The weekly N....

Mfame Published 3y-2mo-5d-11h-54m ago

Weekly Bulk Report – Week 9, 2021

The Baltic Briefing has released a report about the dry bulk market for the 9th week of shipping activities of this year. The report dated 05th March highlights the dry bulk market conditions at the on sight of the 9th week. Capesize The market has surged during the last couple of days of the week t....

Mfame Published 3y-2mo-5d-12h-4m ago

Creation of Global Digital ISO Standard for Data Transfer

Public and private players accept maritime NGOs’ invitation to co create global digital ISO standard for the exchange of administrative and operational data. The culmination of well over three years’ work by NGO’s and key maritime players in both private and private sectors received a major bo....

Mfame Published 3y-2mo-5d-12h-14m ago

DAMEN Launches New Financial Services Division

Damen Shipyards Group launches a specialised Financial Services division, says a press release published on their website. Specialised Financial division As of April 1, 2021, Damen Shipyards Group will start a specialised Financial Services division.  This unit is designed to support clients in the....

Mfame Published 3y-2mo-5d-12h-22m ago

Piled Up Empty Containers, Create Chaos in Global Shipping

Empty containers are piled up at ports in Australia and New Zealand containers are scarce at India’s port of Kolkata. It is forcing makers of electronics parts to truck their wares more than 1,000 miles west to the port of Mumbai, where the supply is better. Off the coast of Los Angeles, more tha....

Mfame Published 3y-2mo-5d-12h-45m ago

Bulk Carrier Convicted for Garbage Discharge Overboard

The chief officer and owner of a bulk carrier were convicted and fined in Australia for dumping trash overboard, reports the Maritime Executive. While the fines were small dollar amounts, Australian authorities said it was the principle of dumping trash into protected waters and that it would send a....

Mfame Published 3y-2mo-5d-19h-56m ago

Shipping’s ‘Big Three’ Dominate Emissions, IMO Report Says

IMO data for 2019 shows that the bigger ships in the global fleet emitted more than 600m tonnes of carbon dioxide. Containers, bulkers and tankers made up the vast majority of both global emissions and voyages. The global shipping fleet emitted 614m tonnes of carbon dioxide in 2019, according to the....

Mfame Published 3y-2mo-5d-21h-23m ago

Diana Shipping Anticipates $38.65M Sales This Quarter

Wall Street brokerages expect Diana Shipping Inc. to announce sales of $38.65 million for the current quarter, reports Marketbeat. Negative year growth Two analysts have made estimates for Diana Shipping amp 8217 s earnings. The highest sales estimate is $38.77 million and the lowest is $38.54 mill....

Mfame Published 3y-2mo-5d-21h-59m ago

Social Intelligence Needed Onboard

The workload of a seafarer leaves few time for social interaction thus achieving some social quality time is even more important when onboard, says an article published in Safety4sea with some social intelligence amp 8217 s practical points. Socially intelligent onboard Life onboard the ship is a....

Mfame Published 3y-2mo-6d-2h-32m ago

JMC Sets Up A Self Propelled 53 Foot Tankship

A self propelled, 53 by 18 foot, 10,000 gallon, USCG inspected, double hull tankship designed by JMS Naval Architects, Mystic, Conn., is unique for its compact size and diesel outboard propulsion, says an article published in Marine Log. St. Johns Ship Building Vessel Currently under construction a....

Mfame Published 3y-2mo-6d-3h-2m ago

Stranded Seafarers’ Passionate Plea For COVID-19 Vaccinations

Larry Pineda is among hundreds of thousands of seafarers adrift in a world transfixed by the fear of the coronavirus pandemic and bound by strict government rules that trap them on their ships for which the Filipino seafarer has a simple but passionate plea: “Please sir, do not forget us,” says....

Mfame Published 3y-2mo-6d-3h-31m ago

10 Key Points To Be Remembered During Mooring Operation On Ships

Mooring operation is one of the important tasks that seafarers have to perform on ship’s deck, and an article published in Marine Insight gives 10 Important Points to be remembered during it on ships. Dangers in mooring operation Technically, the operation may seem simple but there are several dan....

Mfame Published 3y-2mo-6d-4h-39m ago

Two Cruise Ships Scrapped on Beach

Two UK cruise ships have been scrapped on an Indian beach despite assurances they would continue to be operated, reports BBC. End of Hazardous Waste Ships at the end of their lives are considered hazardous waste and it is illegal to send them to developing countries from the UK. But months after bei....

Mfame Published 3y-2mo-6d-11h-24m ago

How Texas Law Affected Shipping Industry

A Texas law that has largely pitted the energy and container trades against each other at the Port of Houston has sparked interest from the Federal Maritime Commission, reports freightwaves. Letter Statement In a letter sent Tuesday addressed to the Port of Houston Authority Port Commission and the ....

Mfame Published 3y-2mo-6d-11h-47m ago

Vessul Offers Solutions for Marine Crew Management Challenges

In response to the Covid 19 pandemic, global lockdown restrictions have been put in place that have caused large scale disruption within the marine industry. Disturbance within the supply chain and a lack of shipping container availability are just some of the issues the industry has been facing. Th....

Mfame Published 3y-2mo-6d-14h-35m ago

RightShip Partners with Sustainable Shipping Initiative

RightShip has announced a new partnership with the Sustainable Shipping Initiative SSI after a long standing relationship. To formalise the partnership, RightShip made a charitable donation to its ‘Delivering on Seafarers’ Rights’ project, part of a working group focused on the human side of....

Mfame Published 3y-2mo-6d-15h-44m ago

Never A Wrong Time To Review Enclosed Space Procedures

The Gard P amp 38 I Club has reiterated the need for ship managers to constantly review their enclosed space entry procedures and revise them if needed, says a recent update published on their website. Enclosed space entry  Following the continuing occurence of enclosed space incidents on ships, t....

Mfame Published 3y-2mo-1w-5h-8m ago

Aurora Expeditions Names New Ship After Renowned Women

Aurora Expeditions will name its second purpose built expedition ship after the acclaimed marine biologist and oceanographer, Dr. Sylvia Earle, reports Cruise Industry News. Names of passionate explorers Earle is the first woman to become chief scientist of the U.S. National Oceanic and Atmospheric ....

Mfame Published 3y-2mo-1w-1d-27m ago

Women in Maritime: Facing the Challenges of “Boy’s Club!”

An article in Subsea UK reviews the status of women in Engineering and Maritime sector. Women in Maritime sector Today women represent only two per cent of the maritime industry, while only twelve percent of employees in engineering are women. This is in stark contrast to the UK workforce as a whole....

Mfame Published 3y-2mo-1w-1d-50m ago

Hot Sea-cargo Market Urges Shippers To Flip Vessels

Monaco based owner reportedly quadruples return on ‘Crete I’ Sale symbolizes demand strength in container shipping market. A variation on that buy low, sell high strategy is exactly what some container shipowners are opting to do, capitalizing on a hot ocean freight market that shows few signs o....

Mfame Published 3y-2mo-1w-1d-1h-23m ago

Tokyo MoU Releases Interim Guidance Amid COVID-19 Crisis

Tokyo MoU has adopted the interim guidance relating to COVID 19 circumstances, in order to protect PSCOs and prevent spread of COVID 19 and for facilitating port State Authorities to apply pragmatic flexibility amid pandemic. Shipping sector under pandemic crisis The move is in accordance with a dec....

Mfame Published 3y-2mo-1w-1d-1h-42m ago

The US Manufacturing Industry Expands Quickly Even With Supply Chain Shortages

U.S. manufacturing expanded in February at the fastest pace in three years and a gauge of materials costs accelerated the most since 2008 as supply shortages challenge the industry, reports Bloomberg Quint. Increased activity A gauge of factory activity increased to 60.8 from 58.7 a month earlier, a....

Mfame Published 3y-2mo-1w-1d-11h-20m ago

SMG Shipyard Places A Dry Cargo Ship Under Saint Kitts And Nevis flag

Shipbuilding Smart Maritime Group SMG of Smart Holding, which unites Kherson and Mykolaiv shipyards, has modernized and put into operation dry cargo vessel Gelius 1 under Saint Kitts and Nevis flag , reports Open For Business. The modernized features According to a Wednesday press release of SMG,....

Mfame Published 3y-2mo-1w-1d-11h-30m ago

F-drones Announced Success in Raising Seed Capital Led by EPS

The drones for maritime logistics company F drones today announced its success in raising its seed capital led by Eastern Pacific Shipping EPS , an international ship management company, along with participation from the Schulte Group, a shipowner and manager with over 135 years of experience, thro....

Mfame Published 3y-2mo-1w-1d-12h-7m ago

[Watch] Decommissioned Ship on Fire, Crews Respond

Firefighters responded to a fire on board a decommissioned ship in the Duluth harbor Monday afternoon. According to KARE 11 sister station KBJR, crews were trying to dismantle the ship when a spark caught some wood on fire. The 112 year old J.B. Ford was towed to the Duluth scrapyard in October 2015....

Mfame Published 3y-2mo-1w-1d-15h-59m ago

Rigged Commercial Vessel Could Reduce 30% Emissions

An appropriately rigged commercial vessel could achieve savings of fuel and reduce emissions by at least 30% per year, says an article published in Safety4Sea. Extensive testing Test results The University of Southampton conducted extensive testing at the Wolfson Unit and confirmed that an appropria....

Mfame Published 3y-2mo-1w-2d-3h-17m ago

MAN ES To Test ‘This’ Alternative in Place of Marine Fuel

German ship engine manufacturer MAN Energy Solutions is pushing for climate neutral fuels to replace marine diesel, reports Clean Energy Wire. Zero carbon coalition “Climate neutral shipping has long been technically feasible,” Uwe Lauber, CEO of MAN Energy Solutions, told. “We have set oursel....

Mfame Published 3y-2mo-1w-2d-4h-8m ago

Maritime UK Introduces Mental Health In The Maritime Pledge

Maritime UK, the umbrella body for the maritime sector, is delighted to today 2 March launch the Mental Health in Maritime Pledge, reports Maritime UK. The Maritime Pledge The pledge forms a key pillar of the Diversity in Maritime Programme, alongside the Gender Pledge. The new pledge is part of t....

Mfame Published 3y-2mo-1w-2d-4h-48m ago

6 Cruise Ship Spots For Nature Lovers

Have you ever walked into a space on a cruise ship and felt an immediate sense of calm It could be the solarium, a peaceful sundeck away from the busyness of the lido deck, the spa, or any manner of serene venues, says an article published on Cruise Radio. One thing that I think helps amp 8230 ....

Mfame Published 3y-2mo-1w-2d-4h-49m ago

Global Shipping Companies Discuss The Sluggish Cargo Flow at TPM

Shippers have been told they’ll need to wait through to the second half of the year before any semblance of normality returns to container trade flows, reports Splash247. The container crunch The CEOs of three of the world’s leading global carriers – Ocean Network Express ONE , Hapag Lloyd an....

Mfame Published 3y-2mo-1w-2d-4h-49m ago

3 Lakh Crore Maritime India Vision-2030 Investments Promises 20 lakh Jobs

The Maritime India Vision 2030, a 10 year blueprint with the aim of overhauling the Indian maritime sector, envisages Rs 3 lakh crore investment in port projects that in turn promises to generate employment for 20 lakh persons, reports Economic Times. Maritime India Vision Prime Minister Narendra ....

Mfame Published 3y-2mo-1w-2d-4h-50m ago

United Wind Logistics will Rely on ABB Advisory System

United Wind Logistics’ module deck carrier VestVind will rely on ABB Ability™ Marine Advisory System – OCTOPUS to support real time decision making as it transports large windfarm components such as turbines, foundations and blades to offshore installation sites, reports ABB. About OCTOPUS Sof....

Mfame Published 3y-2mo-1w-2d-4h-58m ago

Sinopec Delivers Wholesale Bunker Fuels to Hambantota

Chinese state energy company Sinopec has begun making wholesale deliveries ot bunker fuel to Sri Lanka to supply the Hambantota market, says an article published in Ship amp 38 Bunker. Sinpec amp 8217 s first buyer Local supplier Lanka Marine Services LMS was Sinopec amp 8217 s first buyer, H....

Mfame Published 3y-2mo-1w-2d-10h-58m ago

Mere Lab Level Tests Scant for New VLSFO Lubricants, Says Viswa Group

Importance of lubricant testing for low sulphur bunker fuel. Mere lab level tests are not enough for newly formulated lubricating oils. Lubricant amp 38 additive companies developing new cylinder oils with new additive packages to take care of new VLSFOs. Bench tests need modification to accommod....

Mfame Published 3y-2mo-1w-2d-11h-5m ago

Pertamina Aims On VLSFO Bunker Blendings At Sambu By 2023

Pertamina International Marketing and Distribution PIMD , the trading arm of Indonesia amp 8217 s state owned Pertamina, aims to produce its own very low sulphur fuel oil VLSFO bunkers for the Singapore bunker market by 2023 at its terminal on Sambu Island, according to market participants, says....

Mfame Published 3y-2mo-1w-2d-12h-31m ago

Inland Container To Run On Hydrogen By Year-End

An inland container vessel will be running exclusively on hydrogen power by the end of this year, says an article published in Future Proof Shipping. Retrofitting contract Future Proof Shipping FPS has contracted Holland Shipyards Group HSG to retrofit the 110 m long Maas to run off a zero emiss....

Mfame Published 3y-2mo-1w-2d-12h-55m ago

California Increases Penalties for Oil Spill-related Offenses

In September 2020, the state legislature in California enacted a statutory amendment to its marine oil pollution law AB 3214 , which greatly enhanced the monetary penalties that can be imposed after such incidents, reads a Gard article. The law came into effect in January 2021. Criminal penalties r....

Mfame Published 3y-2mo-1w-2d-21h-50m ago

Maersk Tankers Makes Million Dollar Investment To Cut Emissions

Leading shipping group Maersk Tankers is investing tens of millions of dollars in digital technology to speed up cuts in carbon emissions across the industry, its chief executive told Reuters. Need to clean shipping sector Global shipping accounts for nearly 3% of the world’s CO2 emissions, puttin....

Mfame Published 3y-2mo-1w-2d-22h-9m ago

UK Stays At Top in Crew Welfare With New Guidance

The UK continues to lead the way in seafarer welfare during the pandemic, with new, detailed information issued to ship owners and managers to understand the long term wellbeing impacts of COVID 19 on their crew, reports the UK Ship Register. Mental health and seafarer wellbeing The COVID 19 pandemi....

Mfame Published 3y-2mo-1w-2d-22h-29m ago

Charterers Condemned As ‘No Crew-change Clause’ Mount Seafarer Crisis

Charterers of vessels have found increasingly sophisticated ways to avoid crew changes and compound misery for hundreds of thousands of seafarers stuck at sea by the pandemic, reports Lloyd amp 8217 s List. No crew change clause Seafarer unions, United Nations organisations and the shipowners’ gl....

Mfame Published 3y-2mo-1w-2d-23h-3m ago

World’s First Deep Sea WiFi Trialled 

Deep sea WiFi boxes trialed The 10kg suitcase contains a WiFi modem device for internet connectivity at sea Seafarer organizations hail the new initiative.  Work on reducing the weight and cost of the WiFi box.  Further remote area operation to be explored  Seafarers stuck on ships are always loo....

Mfame Published 3y-2mo-1w-2d-23h-13m ago

DNV Backs Hapag-Lloyd’s Green Loan

DNV supported Hapag Lloyd’s green financing for six of its highly efficient containership newbuildings, says an article published on their website. Transactions fulfil the requirements  DNV has supported Hapag Lloyd in obtaining financing for six of its highly efficient containership new building....

Mfame Published 3y-2mo-1w-2d-23h-35m ago

Global Container Shortage Has Led To A Surge In Container Shipping Rates

With long term rates on the rise, bonds, technology/growth stocks, and even precious metals have been under pressure. Last week saw a relatively significant increase in volatility across the financial markets, causing many investors to wonder if it is time to take profits. Indeed, with most stocks t....

Mfame Published 3y-2mo-1w-3d-4h-52m ago

Strange Q1 For Dry Bulk Shipping As Smaller Bulkers Earned More Than Capesizes

It has been a particularly strange Q1 for dry bulk shipping. Usually, the larger ships — Capesizes with capacities of around 180,000 deadweight tons DWT that carry iron ore and coal — do poorly all quarter. This year, they did better in January than they had in a decade before succumbing to th....

Mfame Published 3y-2mo-1w-3d-4h-53m ago

Global Emission Levels Rebound As Economies Continue To Grow

The Covid 19 crisis in 2020 triggered the largest annual drop in global energy related carbon dioxide emissions since the Second World War, according to IEA data released today, but the overall decline of about 6% masks wide variations depending on the region and the time of year, reports IEA. A inc....

Mfame Published 3y-2mo-1w-3d-4h-55m ago

Baltic Exchange Adds New Indices for LNG Powered Seaborne Trade

Baltic Exchange adds new LNG powered seaborne gas assessments, reports Market Screener. Indices for LNG seaborne trade  A new set of independent indices for the Liquified Natural Gas LNG seaborne trade went live this week 2 March , based on the carriers burning LNG, rather than marine fuel oil o....

Mfame Published 3y-2mo-1w-3d-10h-59m ago

Nigeria Will Spend $195 Million To Combat Piracy

Responding to the growing outcry over the increasing security risks for mariners in West Africa and the repeated reports of Nigerian pirates being at the center of the activity, the Nigerian government is reportedly taking actions to enhance security. The transport minister is speaking out saying hi....

Mfame Published 3y-2mo-1w-3d-12h-6m ago

Piracy on Rise, International Stakeholders Take No Action

The international community is on the spot for slow action against the rising menace of piracy in the Gulf of Guinea. It has become the most dangerous environment for commercial maritime operations in the world. Large international organizations like United Nations, NATO and the European Union have ....

Mfame Published 3y-2mo-1w-3d-13h-52m ago

Carrier Profits Assured in 2021, Container Shipping Disrupted

After a down and up year in container volumes, the current logjams in the system and unbalanced trades will take months to resolve. It allows carriers to profit from high freight rates, and tonnage providers to enjoy lofty charter rates. Once the situation normalises, however – and consumers begin....

Mfame Published 3y-2mo-1w-3d-14h-43m ago

Wärtsilä Ups Investment in Carbon Capture Technology

Wärtsilä has invested a further €1 million in Soletair Power Oy, a Finnish CO2 direct air capture technology company following an original €500,000 investment in Soletair Power made in 2019, reads a press release by the company. Carbon capture technology Soletair Power has developed a solution....

Mfame Published 3y-2mo-1w-3d-21h-45m ago

The Largest and Greatest Self-unloading Ship

In the winter, roads require salt to melt ice so that drivers don’t lose control of their cars. And in eastern Canada, salt for the byways of places like Quebec City and Montreal comes from a mine on the Magdalen Islands in the Gulf of St. Lawrence. But salt from the Mines Seleine can’t just a....

Mfame Published 3y-2mo-1w-3d-22h-25m ago

India Rebounds In March With Gasoil Loadings To Europe

Gasoil loadings of spot cargoes from the Middle East and India with options for delivery in Europe have risen in March, with shipping brokers tracking such deals saying about 10 cargoes have chartered LR2s while one has taken a newbuild Suezmax that can load up to 140,000 mt, says an article publish....

Mfame Published 3y-2mo-1w-3d-22h-58m ago

IMO Publishes Onboard Fuel Oil Sampling Guidelines

Amendments to MARPOL Annex VI have been adopted, introducing procedures facilitating PSC amp 8217 s sampling from fuel oil tanks to verify the sulphur content. The amendments will enter into force on 1 April 2022. The 75th session of International Maritime Organization’s IMO Marine Environment ....

Mfame Published 3y-2mo-1w-3d-23h-2m ago

CMA CGM Builds Med Terminal Footprint

CMA CGM Group builds up its terminal footprint position in the Mediterranean through an equity stake in the TTIA container terminal in Algeciras, says a press release published on their website. TTIA port terminal The CMA CGM Group announced that its CMA Terminals subsidiary has acquired a 50% inter....

Mfame Published 3y-2mo-1w-3d-23h-45m ago

Ex-seafarer Pays Off With His Empathy In Work

Arvin Peralta, an inspector for the global welfare group, International Transport Workers Federation ITF shares his bounded experiences to help other seafarers and gives a payoff to it, says an article published in The Manila Times. Empathy at work Inability to help others can feel overwhelmingly ....

Mfame Published 3y-2mo-1w-4d-1h-41m ago

Why Scrubber Ships Moving From Two To Five Fuel Types?

Copenhagen listed shipowner TORM on Monday 1 March reported not all ports allowing the use of 3.5% HFO with scrubbers for its EGCS equipped vessels, reports Manifold Times. Solution  As such, its solution is to move from using two bunker fuel types onboard scrubber equipped ships to five differen....

Mfame Published 3y-2mo-1w-4d-4h-58m ago

Queues of Vessels Building Up At Key Container Hubs

A shortage of empty containers is bringing delays of as much as a week to boxships visiting Singapore, according to price reporting agency S amp 38 P Global Platts. Long Queue For 18,000 TEU ships visiting Singapore the wait time is now five to seven days, up from a maximum of two previously, Platt....

Mfame Published 3y-2mo-1w-4d-5h-30m ago

How MBM Can Assist IMO’s Initial GHG Strategy

A new report, published by the Technical University of Denmark DTU and commissionned by Danish Maritime Authority, provides an overview and discussion of potential Market Based Measures under IMO’s Initial GHG Strategy, under a relevant DMA DTU project on Market Based Measures MBMs , reports Sa....

Mfame Published 3y-2mo-1w-4d-5h-31m ago

Shipping Companies Conduct Performance Reviews Due To Missed Targets

With performance targets continuing to be missed, shippers are re evaluating processes to keep tabs on carrier service delivery and accountability, reports Drewry. The need for monitoring  Terminal congestion is pushing vessel ‘on time performance’ to all time lows, compromising international s....

Mfame Published 3y-2mo-1w-4d-5h-32m ago

Slashing Restrictive Trade Policies Enhance Global Economy by 3.4%

Reducing restrictions on maritime trade could lead to GDP gains of up to 3.4% for national economies, says International Chamber of Shipping. Non tariff restrictions, such as anticompetitive licensing laws and discriminatory treatment of foreign companies, found to be up to five times worse than tar....

Mfame Published 3y-2mo-1w-4d-17h-45m ago

Global Maritime Leaders To Exchange Ideas at Singapore’s Annual MPLP

Global maritime leaders to exchange ideas at Singapore’s Annual Maritime Public Leaders’ Programme, says a press release published on the MPA website.  MPLP virtual programme Around 19 distinguished participants from Asia and the Pacific Islands will attend the 10th Maritime Public Leaders’ P....

Mfame Published 3y-2mo-1w-4d-23h-4m ago

Restore Clean Energy Transition, Urges Leading Global Renewable Bodies

Global renewables bodies urge Mexico to restore clean energy transition, says an article published on the GlobalSolarCouncil website. Away from polluting fossil fuels The Global Wind Energy Council and The Global Solar Council, jointly called Mexico to urgently restore the country’s transition awa....

Mfame Published 3y-2mo-1w-4d-23h-6m ago

Singapore MPA Grants Third LNG Bunker Supply Licence

Total Marine Fuels Private Limited has been awarded LNG bunker supply licence by MPA, says a press release published on their website. Third LNG bunker supplier licence The Maritime and Port Authority of Singapore MPA has awarded a third LNG bunker supplier licence to Total Marine Fuels Private Li....

Mfame Published 3y-2mo-1w-4d-23h-10m ago

Preparing Account To KPI Cost Categories

A core benefit of the BIMCO Shipping KPI system is the option to compare expense and performance at ship level, says an article published on their website.  The Shipping KPI  Presently, the system only allows for internal benchmarking but once a critical mass has been reached, the Shipping KPI wil....

Mfame Published 3y-2mo-1w-4d-23h-14m ago

[FAQ] Computer Programs To Address Container Stowage Issues

North P amp 38 I Club has launched a guidance, focused on the importance of correctly using computer programs for container stowage, reports Safety4sea. Loading computers for stowage related issues The club explained that loading computers can prove invaluable in preventing stowage related issues, ....

Mfame Published 3y-2mo-1w-5d-1h-14m ago

Container Shipping Contracts To Expect Highs Amid Season Surcharges

Shorter timeline to return containers amid Asia equipment shortage. Peak season surcharges rolled out for more shippers. Spot market activity expected higher as hedge against higher contract rates. Companies negotiating annual container shipping contracts with shipping lines before the end of the fi....

Mfame Published 3y-2mo-1w-5d-1h-36m ago

cFlow States 9 Coal Carriers Departure From Baltimore on Feb.28

Nine coal laden ships departed from Baltimore in  Feb. 28, up from seven from a week earlier, according to cFlow, Platts amp 8217 trade flow software, says an article published in S amp 38 P Global. Dead weight tonnage The total dead weight tonnage of the departures was 1.04 million dwt, up from....

Mfame Published 3y-2mo-1w-5d-2h-27m ago

IMO’s Round Table Meeting Discusses Regional Crew Change & Repatriation

The concept of “hub” ports to receive, quarantine, test for COVID 19 and potentially vaccinate seafarers in the Pacific region was explored at a recent roundtable meeting  25 February  involving representatives from States in the region, UN agencies, the shipping industry, the relevant....

Mfame Published 3y-2mo-1w-5d-3h-1m ago

2021 Starts Off Well For Shipping Companies With High Shipping Rates

Shipping companies have steamed out of 2020 in ship shape as freight rates hit highs. The rollout of vaccines around the world will eventually tame high shipping costs, but even then the industry may fare better than in previous down cycles, reports The Wall Street Journal. Surge in shipping rates S....

Mfame Published 3y-2mo-1w-5d-5h-44m ago

2 Men Arrested For Selling Fake CDCs And Identity Cards

Mumbai Crime Branch arrested two people who were allegedly creating fake seafarer documents and selling it for profit to those looking for jobs in the sector, an official said on Friday, reports Outlook India. The Trap Acting on a tip off that one of them would come to Reay Road area to deliver a co....

Mfame Published 3y-2mo-1w-5d-5h-45m ago

Angriya Currently At Port of Galle As floatel for Seafarers

Completely inactive all through 2020 due to the worldwide Covid 19 pandemic, India’s first cruise ship Angriya is being currently used at the southern Sri Lankan port of Galle as a floating hotel to quarantine seafarers who are either leaving or joining duty, reports Seatrade Maritime. Sea Travel ....

Mfame Published 3y-2mo-1w-5d-12h-32m ago

ANDRITZ Delivers the Largest Hybrid Scrubber

Even in the current, difficult times, ANDRITZ has succeeded in delivering a scrubber right on time to Chengxi shipyard for the Dole Food Company. The multi inlet hybrid scrubber supplied was the largest ever installed at Chengxi shipyard. It is with an outer diameter of 4.1 m and an overall footprin....

Mfame Published 3y-2mo-1w-5d-13h-17m ago

UK Releases Seafarer Statistics for 2020

UK government has released the statistics of active seafarers at sea and non UK seafarers qualified to work on UK registered vessels in 2020. Documents Seafarers in the UK Shipping Industry: 2020 report Seafarer Statistics: Background Quality Report Seafarers in the UK Shipping Industry: 2020 tables....

Mfame Published 3y-2mo-1w-5d-21h-25m ago

Mission To Seafarers Launches New e-Learning Modules for Seafarers

International seafarer welfare charity, The Mission to Seafarers has launched its new e learning modules as an extension to its WeCare programme. In response to the added pressures on seafarers during COVID 19, the two face to face programmes are being moved online to provide greater accessibility. ....

Mfame Published 3y-2mo-1w-5d-22h ago

Who Said Ships Can’t Fly?

Nicholas Mathioudakis, the Head of Operations/Chartering Dep at AB Maritime Inc. has uploaded a post to LinkedIn ing amp 8220 Who said ship amp 8217 s can amp 8217 t fly!!! amp 8221 The photo is that of a ship crossing the Argentina AR upriver. Did you subscribe to our daily newsletter It’....

Mfame Published 3y-2mo-1w-5d-23h-4m ago

MOL To Expand Ship Data Sharing on IoS Platform

amp 160 Mitsui O.S.K. Lines, Ltd. and Ship Data Center Co., Ltd. have agreed to share the data of about 180 MOL’s ships in operation. The data is targeted for MOL’s “FOCUS Project” through IoS Open Platform IoS OP , the ship IoT data sharing platform promoted by ShipDC. Mitsui O.S.K. Lin....

Mfame Published 3y-2mo-1w-5d-23h-16m ago

[Infographic] Significant New Trends in Annual Cargo Theft Report

A report compiled by leading international transport and logistics insurer, TT Club, and global provider of supply chain intelligence, BSI, summarizes the new trends in annual cargo thefts, reads a Marine Insight article. New trends The report reflects whole year data from 2020 which highlights sign....

Mfame Published 3y-2mo-1w-5d-23h-36m ago

7 In 10 Bulk Carriers Not Ready For EEXI

Seven out of 10 bulk carriers are ‘non eco’ with the Energy Efficiency Existing Ship Index EEXI likely coming into existence in just two years’ time, something that will require urgent modifications to the existing fleet or significant scrapping, says an article published in Splash247. IMO A....

Mfame Published 3y-2mo-1w-5d-23h-55m ago

Foreign Flagged Ships Detained in the UK During January 2021

The Maritime and Coastguard Agency MCA announced that six foreign flagged ships remained under detention in UK ports during January 2021 after failing port state control PSC inspection. New detentions During January, there were zero new detentions of foreign flagged vessels in a UK port. In resp....

Mfame Published 3y-2mo-1w-5d-23h-59m ago

Maritime Firm Calls for Private Might Off Nigeria 

According to a maritime firm report, Nigeria needs to review its maritime security rules and enlist the support of private companies to tackle rampant piracy in its waters, says an article published in Bloomberg Quint.  No private armed guards  The seas off the West African country’s coast are t....

Mfame Published 3y-2mo-1w-6d-13m ago

Ningbo Containerised Freight Index

Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. The index is reported every Friday except Chinese holidays at 1600 Beijing . Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping Exchange The weekly N....

Mfame Published 3y-2mo-1w-6d-21m ago

Weekly Tankers Report – Week 8, 2021

The Baltic report has issued the tankers report for the 8th week of this year. The report dated 26th February 2021 provides a valuable insight into this week amp 8217 s tanker market dealing, freight rates and charter activities. VLCC The return of Chinese charterers to the market after the Lunar N....

Mfame Published 3y-2mo-1w-6d-29m ago

Crowley Merges Jensen Maritime with New Engineering Services Group

Crowley aims at complete depth and breadth of services to maritime clients seeking design build operate solutions. As a result, the company has now fully integrated Jensen Maritime into the Crowley Engineering Services group. The new group will seamlessly combine Crowley’s diverse business portfol....

Mfame Published 3y-2mo-1w-6d-13h-41m ago

Global LNG Demand To Reach 700 mt By 2040, Says Shell

Shell, in its latest LNG Outlook published on their website, says Global LNG trade increased to 360 million tonnes in 2020 despite the unprecedented volatility caused by the COVID 19 pandemic. Prediction on LNG demand Global LNG trade increased to 360 million tonnes in 2020 despite the unprecedented....

Mfame Published 3y-2mo-1w-6d-22h-56m ago

ABS Publishes Guidance on Methanol As Marine Fuel

ABS has published guidance on Methanol fuelled vessels, evaluating the challenges in design and their operations, says an article published in ShipInsight. Guidance on Methanol as Marine Fuel US classification society ABS has published guidance on Methanol as Marine Fuel.   The latest in an ongoin....

Mfame Published 3y-2mo-1w-6d-23h-3m ago

Cattle Ship Onboard Spain Should Not Be Allowed For Transportation, Says Vets

Spanish officials recommend 864 cows that have been at sea for two months are no longer fit for transport, says an article published in The Guardian. Adrift cattle onboard More than 850 cattle that have spent months adrift in the Mediterranean are no longer fit for transport and should be killed, ac....

Mfame Published 3y-2mo-2w-12m ago

Maersk Ramps Up Alternate Fuel For Decarbonisation Agenda

Maersk is ramping up its anti LNG message in a bid to get regulators and banks more onside to its own decarbonisation agenda, says an article published in Splash247. A sizeable investment Having announced plans to have the world’s first carbon neutral methanol fuelled containership in operation by....

Mfame Published 3y-2mo-2w-1h-47m ago

Wärtsilä & Ocean Technologies Group Partner To Improve Maritime Safety

The leading provider of maritime smart Simulation and Training solutions Wärtsilä Voyage, and the leading maritime knowledge and technology solutions provider Ocean Technologies Group OTG , have agreed to share their expertise and resources via a strategic partnership that will significantly enha....

Mfame Published 3y-2mo-2w-1h-56m ago

Minerva Bunkering Rolls Out Advanced Delivery Platform At 3 Hubs

Long term contract with Hafnia commences with ADP service now available for all customers. Emerson published white paper details the data integrity and innovative solution set of the ADP. Continued rollout of ADP service to additional ports across the Minerva network. Marine fuel supplier Minerva Bu....

Mfame Published 3y-2mo-2w-2h-12m ago

MOL Car Carrier Earns ClassNK’s 1st Remote Survey Notation

Japanese classification society ClassNK has granted its remote survey RMSV notation for Orca Ace, a car carrier operated by Mitsui O.S.K. Lines, Ltd. MOL and managed by MOL Ship Management Co., Ltd. MOLSHIP , reads a MOL press release. Vessel for remote surveys  As informed, this is the first ....

Mfame Published 3y-2mo-2w-2h-25m ago

Saudi Ranks 5th Position In Handling Container Ship Per Hour Globally

Saudi Arabia ranked fifth as the world amp 8217 s fastest in container ship handling per hour, according to the UNCTAD annual index issued by the United Nations Conference on Trade and Development, says an article published in Zawya. One in Top 10 With an average of 16.8 hours for container handlin....

Mfame Published 3y-2mo-2w-2h-51m ago

48 Ships with Coal Stranded in China

The number of coal carriers stranded off China with banned Australian coal has ducked under the 50 mark. But still around 1,000 seafarers remain marooned thanks to the ongoing spat between Australia and China. Canberra and Beijing have seen relations sour significantly over the past year with Austra....

Mfame Published 3y-2mo-2w-1d-11h-15m ago

JDP Partners Name Expanded Coalition And Prioritize Decarbonization

 Ammonia fuelled tanker Joint Development Project JDP partners amp 8211 MISC Berhad MISC , Lloyd’s Register LR , Samsung Heavy Industries SHI and MAN Energy Solutions MAN announced the entry of two new partners – the Maritime and Port Authority of Singapore MPA and Yara Internation....

Mfame Published 3y-2mo-2w-1d-12h-12m ago

Work Boat Interviews Marine Architects Regarding The Future Of Harbor Tugs

When the writer asks members of the maritime industry to help him out with a story for the magazine and/or website, he does so humbly. He wants to tell the story fairly and accurately. The best way to do that is to get information from people in the industry who are experts on whatever topic amp ....

Mfame Published 3y-2mo-2w-1d-12h-12m ago

Centre Makes A Fresh Attempt To Build Transhipment Hub

The Centre is making a fresh attempt to build a greenfield port and container transhipment hub near Kanyakumari through the public, private, partnership PPP route. V O Chidambaranar Port Trust has sought expression of interest from developers to build the 6.5 million TEU capacity transhipment hub.....

Mfame Published 3y-2mo-2w-1d-22h-51m ago

$3 Million Environmental Fine Slapped On Shipping Company

A federal judge on Guam on Wednesday outlined the allocation of a Singaporean shipping company’s $3 million environmental fine. $500,000 is designated as a criminal fine as a violation of the Clean Water Act and shall be paid to the Oil Spill Liability Trust Fund. This fine will provide immediate ....

Mfame Published 3y-2mo-2w-2d-10h-43m ago

RMT Demands To Stop Shipowner Exploitation of Seafarers

SEAFARERS UNION RMT today responded to the latest Government statistics on the number of UK seafarers working in the shipping industry in 2020, says a press release published on their website. Mick Cash Comments “The shipping industry says it is seeking a level commercial playing field but today....

Mfame Published 3y-2mo-2w-2d-19h-54m ago

Global Container Rates To Fare Well Following Profitable 2020

Global container shipping companies’ performance will be strong in 2021 after a profitable 2020, Fitch Ratings says. Surging spot freight rates Spot freight rates will remain high in the short term, which will flow through to contracted rates for 2021. However, we consider the current rates unsust....

Mfame Published 3y-2mo-2w-2d-22h-4m ago

METIS Launches First Predictive Poseidon Principles Emissions INDEX

A Greek technology firm has come up with a predictive tool to determine the best path for ships financed under environment friendly Poseidon Principles. The firm amp 8217 s data analytics tool amp 8212 called Metis Poseidon Principles Emissions Index amp 8212 allows shipowners to predict what....

Mfame Published 3y-2mo-2w-2d-23h-7m ago

Oil Market Strengthens With Lowering Of Floating Storage

The volume of crude oil and condensate in tankers worldwide has fallen to a one year low as the market amp 8217 s recovery gathers pace, and with a strongly backwardated structure in the Brent crude market discouraging storage, says an article published in S amp 38 P Global. Floating storage Float....

Mfame Published 3y-2mo-2w-3d-30m ago

Cattle Onboard In Ships Suffers Hell Or Likely Dead

One of two livestock ships at sea since mid December with thousands of cattle on board is now at the Spanish port of Cartagena, but the fate of its cargo is unclear, says an article published in The Guardian. Disease fears The two vessels left from different ports in Spain before Christmas to delive....

Mfame Published 3y-2mo-2w-3d-1h-19m ago

Maersk Lost 3,000 Containers in Last 3 Months

Maersk updated information on Tuesday that its two ships lost 1,010 containers overboard in the Pacific Ocean recently. Adding the total loss by transpacific ships to almost 3,000 since from last November. The 13,100 TEU capacity container ship Maersk Eindhoven lost some 260 containers overboard aft....

Mfame Published 3y-2mo-2w-3d-3h-56m ago

Transpacific Ships Lost 3,000 Containers in Last 3 Months

Maersk updated information on Tuesday that its two ships lost 1,010 containers overboard in the Pacific Ocean recently. Adding the total loss by transpacific ships to almost 3,000 since from last November. The 13,100 TEU capacity container ship Maersk Eindhoven lost some 260 containers overboard aft....

Mfame Published 3y-2mo-2w-3d-3h-56m ago

EU Maritime Security Factsheet of The Gulf of Guinea

The Gulf of Guinea is a vast and diverse region stretching from Senegal to Angola, covering approximately 6,000 km of coastline. It is an important shipping zone transporting oil and gas, as well as goods to and from central and southern Africa. On any one day there are around 1,500 fishing vessels,....

Mfame Published 3y-2mo-2w-3d-4h-58m ago

Caught in Sea for 3 Years, Seafarers Mentally Hurt

A shipping company from the United Arab Emirates hit financial trouble in 2017. It abandoned an oil tanker off the coast of Dubai, it left a small crew still aboard, stranded at sea without pay or a way home. Those men have been on the tanker ever since, but a chance at repatriation for the amp 8....

Mfame Published 3y-2mo-2w-3d-5h-36m ago

Maine Maritime Training Ship Gets An Alumnus As Master

Maine Maritime Academy MMA , Castine, Maine, has a hired alumnus Capt. Gordon “Mac” MacArthur to serve as master aboard the academy’s training ship State of Maine. With over 30 years of experience in the maritime field, MacArthur served most recently as a Senior Dynamic Positioning Officer f....

Mfame Published 3y-2mo-2w-3d-5h-52m ago

Physical Connection of Ships is the Essence of Shipping

The pandemic has demonstrated the value of remote working but the industry must recognise the importance of physical connection to the ship. Idwal is the leading provider of ship inspection services. It is calling on the industry to recognise the positive contribution that physical surveys make to v....

Mfame Published 3y-2mo-2w-3d-12h-12m ago

Shipping Industry’s Urging Demand For Ammonia Fuelled Engines

Ammonia engines and fuel cells could slash carbon emissions which make them demanding in Shipping Industry, says an article published in IEEE Spectrum.  The Colorless fuel amp 8217 s true colors There’s a lot to like about ammonia. This colorless fuel emits no carbon dioxide when burned. It’s....

Mfame Published 3y-2mo-2w-3d-22h-23m ago

Crude Oil Market Concern Heightens As Price Fall on Inventory Decline

According to a Platts report, crude oil futures fell during midmorning trade in Asia Feb. 24 after data from the American Petroleum Institute showed an unexpected build in US crude inventories, and as fears of an overbought market stemmed further buying activity. At 11:07 am Singapore time 0311 GMT....

Mfame Published 3y-2mo-2w-3d-23h-30m ago

Growing Optimism in Tanker Market

With oil prices taking a turn upwards and demand expected to pick in the second half of the year, shipbrokers are examining whether this trend is a sign of a more bullish market ahead, which could benefit tankers as well, reports Gibson shipbrokers ltd. Robust oil demand In its latest weekly report,....

Mfame Published 3y-2mo-2w-4d-23m ago

ITS Researcher Plans To Introduce iStow in Shipping Sector

A researcher from ITS is planning to bring in iStow software in to the maritime industry, reports QS Wow News. Dr. Ing. Setyo Nugroho of Institut Teknologi Sepuluh Nopember ITS has developed iStow since 2006 for various types of ships and purposes, a.o. for container ships, LNG/ LPG/ chemical/ pro....

Mfame Published 3y-2mo-2w-4d-51m ago

Foreship To Embrace Scrubber Technology

Expectations are high that exhaust gas scrubber technology demand will soon be resurgent. But what lessons have been learned from installations and which type will dominate, analyzes an Ship amp 38 Bunker article. Scrubber systems on ships Installing scrubber systems on ships that were never envi....

Mfame Published 3y-2mo-2w-4d-2h-8m ago

[Answer] What is a Marine Sextant?

An article in Marine Insight helps us understand the working principle, readings and maintenance of a Marine Sextant. What is Sextant The sextant is an instrument used to measure angles. Mainly used at sea, the tool is so named because its arc is one sixth of a circle – 60 degrees. It adheres to ....

Mfame Published 3y-2mo-2w-4d-2h-38m ago

Crew Sustain Serious Injury During Onboard Lathe Operation

Transport Malta MSIU issued an investigation report on the serious injury of a fitter while operating the lathe onboard the vehicle carrier MV Titania, in February 2020. The report found that a rod slipped from the tailstock while the lathe was rotating at a very high speed. The incident On 04 Febru....

Mfame Published 3y-2mo-2w-4d-3h-8m ago

Increased Seafarers Suicides Calls for Mandatory Suicide Reporting by Ships

Shipping organizations are calling for International data on seafarers suicide as the problem heightens. The pandemic has doubled suicidal incidents amongst seafarers. However there amp 8217 s still no concrete data on this as companies don amp 8217 t speak out of fear. Companies are devoting time....

Mfame Published 3y-2mo-2w-4d-4h-58m ago

AMSA To Undertake FIC For Livestock Ships

From 1 March to 31 August 2021, AMSA undertake a focused inspection campaign FIC on livestock ships departing Australian ports, says an article published in marine insight. Focused Inspection Campaign The purpose of the focused inspection campaign is to ascertain the level of compliance with the ....

Mfame Published 3y-2mo-2w-4d-7h-44m ago

(FAQs) Flotsam & Jetsam –  Legal Terms for Maritime Salvage 

Shipping is governed by a plethora of technical terms that seafarers need to be well versed in. While some are used regularly and well known others are quite often used making it hard to understand. Keeping that in mind, the Marine Insight sought to educate people about the Nautical terms Flotsam an....

Mfame Published 3y-2mo-2w-4d-9h-17m ago

Shipowners Call for Target Based Decarbonization Funds for Fuel Suppliers 

The European Commission should address fuel suppliers by introducing sub targets to make low and zero carbon fuels available for shipping and by increasing the multiplier for renewable fuels used in the maritime sector under the Renewable Energy Directive RED , says an article published in ECSA. A....

Mfame Published 3y-2mo-2w-4d-10h ago

Gasum To Supply LNG To Wasaline & Wärtsilä’s New Tech Hub

Gasum has inked an agreement with the City of Vaasa, NLC Ferry Oy and Wärtsilä Finland Oy to supply liquefied natural gas LNG to Wasaline and for use in Wärtsilä’s new Smart Technology Hub, says a press release published on their website.  New local LNG customer terminal  Nordic energy com....

Mfame Published 3y-2mo-2w-4d-11h-26m ago

How To Be IMO 2020 Compliant Amid High Sulphur Warnings

Tested VLSFO manifold samples have recorded a sulphur content of between 0.51 to 0.53%m/m, exceeding the mandatory allowable 0.50%m/m. Since the implementation of IMO 2020, there is confusion as to whether the ISO 4259 upper limit of 0.53%mm still applies or not. Maritec emphasizes that in use and o....

Mfame Published 3y-2mo-2w-4d-11h-32m ago

Is Ship Design To Blame for Falling Containers?

A spate of recent container losses due to container stack collapses has brought increased scrutiny to container ship loading and design. These container incidents represent a safety threat to the crew, ship and the environment, and significant financial losses for shippers and insurers. A large....

Mfame Published 3y-2mo-2w-4d-22h-3m ago

MCTC’s Conference Reveals The Health Factors Of Seafarers Caused By Poor Nutrition

According to an article published in Splash247, MCTC’s recent health and nutrition conference discusses the poor nutrition health in seafarers. MCTC amp 8217 s Virtual Conference Poor nutrition is not about how much food is being consumed but more about what food we are putting into our bodies. T....

Mfame Published 3y-2mo-2w-4d-23h-3m ago

Container Shortage Crisis Puts A Dry Spell on Trade Activity

The recent Budget has proposed subsidy support to vessels that register in India. More than 85% of global trade happens in containers. Containerised imports have seen a sharp decline since July August 2021. An article in CNBC TV18 reports of the ongoing container shortage crisis in the post pandemic....

Mfame Published 3y-2mo-2w-4d-23h-23m ago

IEC Telecoms Predicts Customized Vessel Connectivity Future

Maritime communications are set to move away from the ‘one size fits all’ approach to become fully customisable, predicts connectivity specialist IEC Telecom. IEC Telecom says having the flexibility to provide individual, customised solutions across fleets and even for individual vessels is the ....

Mfame Published 3y-2mo-2w-5d-3m ago

22 years Imprisonment for Moving Meth & Heroin Aboard Cargo Ship

U.S. District Judge Steven D. Merryday sentenced Yolanda Herrera 43, Rex, GA to 22 years in federal prison for conspiracy to distribute methamphetamine and heroin, and attempted possession with the intent to distribute methamphetamine and heroin, says an article published in Shore News Network. Th....

Mfame Published 3y-2mo-2w-5d-1h-22m ago

What Will Be The Cost To Consumers Of Shipping Going Green?

About six cents per pair of Vietnamese made running shoes, according to the boss of the world’s largest containerline, says an article published in Splash247. Skou amp 8217 s interview to BBC Interviewed by the BBC on Friday, Soren Skou, the CEO of A.P. Moller Maersk, discussed shipping’s decar....

Mfame Published 3y-2mo-2w-5d-1h-48m ago

Weekly Tankers Report – Week 7, 2021

The Baltic report has issued the tankers report for the 7th week of this year. The report dated 19th February 2021 provides a valuable insight into this week amp 8217 s tanker market dealing, frieght rates and charter activities. VLCC Another stagnant week in this market with Worldscale fixing rate....

Mfame Published 3y-2mo-2w-5d-5h-8m ago

Maersk Targets To Become Carbon Neutral In Three Decades

Shipping giant AP Moller Maersk is one of the largest corporate consumers of oil on the planet, and has set itself the target of becoming carbon neutral in the next three decades, says an article published in Ship amp 38 Bunker. The company amp 8217 s boxships got through 10.3 million mt of bunk....

Mfame Published 3y-2mo-2w-5d-7h-5m ago

2 Seafarers In Critical Condition, Cargo Ship Repairs Over

Repairs to the Hong Kong flagged cargo ship damaged by an explosion on Friday night are now completed. The Gibraltar Government confirmed on Monday, as two seafarers injured in the blast remained in critical condition in Seville. The bulk carrier CSSC Cape Town will remain in British Gibraltar Terri....

Mfame Published 3y-2mo-2w-5d-9h-30m ago

Piracy and Its Ugly Side, Seafarers Targeted

Piracy in the Gulf of Guinea has its roots in Nigeria amp 8217 s Niger Delta where oil wealth has failed to reach local populations and deep poverty has stoked militancy and armed unrest. Gangs speed out from swamps to raid passing vessels, snatch crews and spirit them back to Nigeria amp 8217 s s....

Mfame Published 3y-2mo-2w-5d-10h-18m ago

Weekly Bulk Report – Week 7, 2021

The Baltic Briefing has released a report about the dry bulk market for the 7th week of shipping activities of this year. The report dated 19th February highlights the dry bulk market conditions at the on sight of the 7th week. Capesize As one of the more wild weeks in the first quarter for the Cape....

Mfame Published 3y-2mo-2w-5d-11h-7m ago

Samsung Heavy Wins A $1b Order

Samsung Heavy won a close to $1 billion LNG powered ship order this week, reports PulseNews. Winning streak South Korea’s Samsung Heavy Industries Co. extends its winning streak in the order book on LNG power, landing near $1 billion deals on vessels running low carbon gas fuel. According to Samsu....

Mfame Published 3y-2mo-2w-5d-11h-18m ago

Ningbo Containarised Freight Index

Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. The index is reported every Friday except Chinese holidays at 1600 Beijing . Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping Exchange Route 2021 0....

Mfame Published 3y-2mo-2w-5d-11h-36m ago

Standard Club Amends Regulations for Customs Breach

Standard Club International Group has amended the Pooling Agreement so that as of 20 February 2021, P amp 38 I cover in respect of fines for smuggling and breach of customs regulations will no longer provided as of right, but only on a discretionary basis. Smuggling fines and discretionary cover Pr....

Mfame Published 3y-2mo-2w-5d-20h-55m ago

Refinery Closures To Affect Bunker Fuel Supply

The recent earthquake in northeast Japan has interrupted refinery operations which could impact the supply of bunker fuel. Rough sea conditions during the week have also pressured the country amp 8217 s bunker fuel stocks. Transfer delays caused by a temporary suspension of berthing operations have....

Mfame Published 3y-2mo-2w-5d-21h-21m ago

Bunker Fuel Market Facing Crisis Even After Covid Recovery

According to an article published in S amp 38 P Global, marine fuel quality issues could likely escalate once the world starts to recover from the coronavirus pandemic while continued margin pressures may hurt bunker suppliers more, necessitating the industry to stay vigilant and adapt themselves p....

Mfame Published 3y-2mo-2w-5d-21h-52m ago

Finland Extends Seafarer Certificate Validity Due To COVID

Finland’s government is proposing that the validity of fixed term ships’ crew certificates of competency and certificates of proficiency be extended due to the effects of the COVID 19 epidemic, says an article published in Shipping Insight. Temporary Derogations A derogation permitting a special....

Mfame Published 3y-2mo-2w-6d-9m ago

NAVTOR’s Acquisition Of Tres Solutions For Vessel Analytics & Performance Optimisation

Tres Solutions’ core expertise and digital products will now integrate into NAVTOR’s offering, creating a unified platform to help shipowners and operators enhance operations and achieve competitive advantage, says an article published in NAVTOR News. Purchase Regard  NAVTOR looks to extend it....

Mfame Published 3y-2mo-2w-6d-44m ago

Wallenius Wilhelmsen’s New Carrier Will Have 90% Reduced Emission

Shipping company Wallenius Wilhelmsen has announced its plans to build a full size wind powered pure car and truck carrier, named Orcelle Wind, that will be capable of achieving up to 90% reduced emissions compared to contemporary vessels, reports Ship Technology The new vessel Shipping company Wall....

Mfame Published 3y-2mo-2w-6d-5h-5m ago

Container Shortage Adds Impetus To Commodity Prices

Shipping container shortage has made it expensive to move sugar, coffee and copper around the world by sea, says an article published in The Wall Street Journal. High freight rates Ocean freight rates began to soar last summer, and haven’t let up.  What is the reason That is partly because consu....

Mfame Published 3y-2mo-2w-6d-10h-58m ago

U.S. Petroleum Imports Will Be More Than Exports, Forecasts EIA

EIA forecasts the U.S. will import more petroleum than it exports in 2021 and 2022, says an article published on their website. Status changed in 2020  Usually, the United States has imported more petroleum than it has exported. That status changed in 2020.  The U.S. Energy Information Administrat....

Mfame Published 3y-2mo-2w-6d-11h-14m ago

Ship Stowaway Hiding Among Cargo Arrested

Border Force descend on Hull docks to find ship stowaway hiding among cargo, reports HullDailyMail. Stowaway found onboard Border Force officers were called to a jetty at Salt End Chemicals Park at around 10.30am after workers found a man hidden away on board a boat that had just arrived.  Processe....

Mfame Published 3y-2mo-2w-6d-11h-33m ago

Shipping Magnet Arrested, Seafarers On Hunger Strike

Turkish police arrested shipping magnate Mübariz Mansimov Gurbano lu at his Istanbul home one Sunday last March. His legal woes set off a chain of events that have decimated Palmali Shipping, his once flourishing maritime empire. Now a dozen of its ships sit abandoned in ports around the Mediterran....

Mfame Published 3y-2mo-2w-6d-11h-59m ago

The First Large-Ship Cruise’s New Vaccine Requirement

When luxury cruise line Crystal Cruises resumes operations on its river and ocean sailings later this year, all of its passengers will be required to be fully vaccinated against Covid 19 at least two weeks prior to setting sail, says an article published in Forbes. Resuming Operations Crystal has pa....

Mfame Published 3y-2mo-3w-1h-23m ago

Cruise Ship Repeats Its Record By Sailing Through 24m-Wide Passage

Fred Olsen amp 8217 s cruise ship Braemar is set to repeat its record breaking journey through the Corinth Canal and the latter which is just 24m wide at its narrowest point, says an article published in Mirror. Past Records The company made history in 2019 when Braemar broke the world record for....

Mfame Published 3y-2mo-3w-1h-45m ago

TECO 2030 To Build First Hydrogen Fuel Cell Gigafactory

TECO 2030 is about to establish Norway amp 8217 s first large scale production of fuel cells, optimized to be the heart of hydrogen powered ships and other heavy duty installations. The company goals to build an advanced innovation centre combined with a giga factory, in order to produce fuel cells....

Mfame Published 3y-2mo-3w-4h-51m ago

Hackers Get Indicted in Massive $1.3b Cryptocurrency Theft

3 North Korean computer programmers have been indicted for conducting a series of cyberattacks to steal and extort more than $1.3 billion in cash and cryptocurrency. The hackers are accused of creating and deploying multiple malicious cryptocurrency applications, and to develop and fraudulently mark....

Mfame Published 3y-2mo-3w-5h-10m ago

IMO Ship Recycling Treaty Welcomes Their 16th Member

Croatia has become the latest country to accede to the IMO amp 8217 s treaty for safe and environmentally sound ship recycling, the Hong Kong Convention. Under the treaty, ships to be sent for recycling are required to carry an inventory of hazardous materials, specific to each ship. Croatia is the....

Mfame Published 3y-2mo-3w-5h-33m ago

The Eco-friendly Cruising Solution is Here

French shipyard Chantiers de l’Atlantique is planning to construct cruise ships topped by striking 80 meter “eco friendly” paneled sails, made of fiberglass and carbon. The Solid Sail/AeolDrive concept would reduce cruise emissions by up to 50%, according to the shipyard. The sail’s mast can....

Mfame Published 3y-2mo-3w-1d-9h-31m ago

Piracy in Gulf of Guinea Needs Immediate Action

The number and severity of attacks on vessels by pirates in the Gulf of Guinea are increasing. It is posing a threat to global trade and the safety of seafarers working in the region, according to the International Maritime Organization IMO . Mozart, a Liberian flagged vessel, had been on its way f....

Mfame Published 3y-2mo-3w-1d-9h-49m ago

Time Charter Rates More Than Triple In Two Weeks

Time charter rates for Panamax and post Panamax dry bulk ships were heard fixed in the market at $100,000/d or more Feb. 16, causing a stir among market participants, says an article published in S amp 38 P Global. Low Levels of Spot Tonnage Freezing temperatures across Europe have driven up coal d....

Mfame Published 3y-2mo-3w-1d-11h-52m ago

Wear A Mask Aboard Cruise Ship To Avoid Being Fined, Says CDC

The Centers for Disease Control and Prevention CDC passed a new order that requires people to wear masks on public transportation, which includes aircraft, train, road vehicle, vessel or other means of transport, reports Royal Caribbean Blog. CDC order on cruise ships Passengers who refuse to wear....

Mfame Published 3y-2mo-3w-1d-19h-49m ago

Top Trending Signature Pizzas Onboard

Signature pizzerias are a growing trend onboard and an article published in Cruise Industry News reveals the selection of some of the most popular pizza choices in the industry. 1. Sorrento’s – Royal Caribbean Free of charge, Sorrento’s is a hit on Royal Caribbean’s newest ship classes. Acco....

Mfame Published 3y-2mo-3w-1d-22h-19m ago

Maersk’s Methanol Feeder Vessel Receives A Huge Welcome

The Methanol Institute has welcomed the announcement that A.P. Moller amp 8211 Maersk will operate the world’s first carbon neutral liner vessel by 2023. Maersk’s methanol feeder vessel will have a capacity of around 2000 TEU and be deployed in one of its intra regional networks. While the ve....

Mfame Published 3y-2mo-3w-2d-4h-36m ago

A New App To Monitor The Well-being of Seafarers

Marking a significant step forward in seafarer welfare, a group of established maritime entities have joined forces to build a digital platform. It is aimed at improving the emotional well being of the world’s 1.7 million seafarers. The Safebridge CrewCare app is a joint venture developed by vario....

Mfame Published 3y-2mo-3w-2d-4h-51m ago

Pandemic Driving Owners To Move Towards Digital Crew Payments

The global coronavirus pandemic driving owners and managers to move towards operating cashless vessels, says an article published in riviera. Thome’s Integrated Maritime Services The ShipMoney service will be used to pay a global crew pool of around 12,000 seafarers on a fleet of more than 400 ves....

Mfame Published 3y-2mo-3w-2d-4h-53m ago

Stella Maris Brings First Live Mass To Isle of Man Registered Ships

Fr Paulo Prigol, Stella Maris Manila Port Chaplain celebrated the first live streamed Mass broadcast direct to seafarers on Isle of Man registered ships. Mass was beamed through the Isle of Man Ship Registry’s new seafarer welfare app. Mass will be available live to 10,000 seafarers and 400 ships ....

Mfame Published 3y-2mo-3w-2d-5h-32m ago

Maersk Takes A Big Decision on Fuels for Propulsion

A century after the global shipping fleet ran largely on coal, the world’s largest shipping line is taking a historic step toward not using fossil fuels for propulsion. All newly constructed vessels owned by A.P. Moller Maersk will have to be able to use carbon neutral fuels. The shift comes just ....

Mfame Published 3y-2mo-3w-2d-10h-2m ago

Companies That Enjoyed High Dry Bulk Shipping Prices

Prices for dry bulk shipping keep inching higher, but not everyone amp 8217 s benefiting. Author Rich Smith shares his view on why safe Bulkers and Golden Ocean Group stocks are up, but Castor Maritime and Diana Shipping are down for an article published in TheMotleyFool. What happened Good for dr....

Mfame Published 3y-2mo-3w-2d-10h-21m ago

Classification Society’s Maritime CEO Dismayed For Seafarers Crisis

Speaking at the launch of a DNV GL white paper on ship safety in the context of digitalisation and decarbonisation, the classification society’s maritime CEO Knut Ørbeck Nilssen expressed shock that nearly 70% of IMO member states have still not recognised seafarers as “key workers”, says an ....

Mfame Published 3y-2mo-3w-2d-23h-3m ago

Supreme Court Acquits Monjasa in São Tomé Bunker Cargo Dispute

Bunker company Monjasa will not have to pay compensation of DKK 40 million in an unusual dispute with Stena Oil, rules Denmark amp 8217 s Supreme Court. Stena Oil filed a court case for Monjasa to relinquish profits it made from the fuel in question as it sees itself to be the owner of the confisca....

Mfame Published 3y-2mo-3w-2d-23h-39m ago

Call To Prioritize Seafarers for Vaccination Getting Stronger

Malaysia’s seafarers will be given priority to receive the vaccination in the first phase of the National Covid 19 Immunisation Programme, reports MalayMail. Continue to support after the vaccine The Association of Malaysia’s Maritime Professionals IKMAL said seafarers who have been vaccinated....

Mfame Published 3y-2mo-3w-2d-23h-46m ago

Fujairah Oil Stocks Drop With Fuel Oil Exports High In 2021

Oil products stockpiles at the Port of Fujairah dropped to the lowest level of 2021, with exports of fuel oil setting a record high, says an article published in S amp 38 P Global. Data Release Total inventory was 20.854 million barrels on Feb. 15, down 1.6% from a week earlier and the lowest since....

Mfame Published 3y-2mo-3w-2d-23h-50m ago

UK MCA Issues Guidance on Self-mooring Operations

The guidance recognizes that the act of mooring or unmooring a vessel with the exclusive use of the vessel’s crew self mooring . The guidance will be added into the next COSWP Amendment 2021, as a new Section 26.7 and new Annex 26.3 examples of mooring arrangements. UK Maritime Coastguard Agency ....

Mfame Published 3y-2mo-3w-3d-2m ago

Blackout On Mega Boxship Causes Another Major Mishap

Another Maersk ship loses hundreds of boxes overboard in the Pacific reports Splash 247. Casualty on the Pacific The Maersk Eindhoven 13,100 teu, became the latest boxship casualty in the Pacific. She suffered a blackout while en route to California and a subsequent loss of hundreds of containers ov....

Mfame Published 3y-2mo-3w-3d-14m ago

IMO & WISTA Launch Women in Maritime Survey

IMO amp 38 WISTA International have launched the Women in Maritime Survey to examine the proportion and distribution of women working in the maritime sector. The launch of the study follows the 2020 signing of the IMO WISTA MoU on promoting greater diversity and inclusion through enhanced coopera....

Mfame Published 3y-2mo-3w-3d-16m ago

New PCR Test Mandatory for Seafarers Disembarking In Singapore

Seafarers getting off ships in Singapore will now need to take a Covid 19 polymerase chain reaction PCR test at the port where the ship last stopped and test negative before arriving, says an article published in The Straits Times. MPA amp 8217 s Circular This new requirement applies to all appli....

Mfame Published 3y-2mo-3w-3d-26m ago

FSL Trust To Sell Two LR2 Newbuilds

First Ship Lease Trust FSL Trust announces its memoranda of an agreement to sell two LR2 product tanker new buildings, reports The Edge. About the agreement FSL Trust said its wholly owned subsidiaries have executed memoranda of agreement to sell two LR2 product tanker newbuilding, the FSL Suez an....

Mfame Published 3y-2mo-3w-3d-27m ago

Shipbuilding and Repair To Get A Facelift With Landmark Project

Polar fabricated, tested, installed functional additive manufactured parts on board the oil tanker Endeavor. Traditionally, parts used in shipbuilding and repair are manufactured via casting or forging techniques. the consortium aimed to utilize Additive Manufacturing AM to fabricate three types o....

Mfame Published 3y-2mo-3w-3d-4h-31m ago

Maersk’s First Carbon Neutral Liner To Be Ready By 2023

Maersk to start carbon neutral vessel operation in 2023, 7 years ahead of target.  The 2000 teu vessel will run on vlsfo and carbon neutral methanol Methanol fuel feeder and dual fuel engine will be installed on the ship In a major development, A.P. Moller amp 8211 Maersk has announced that they....

Mfame Published 3y-2mo-3w-3d-10h-54m ago

Marine Fuel Trader Premium Bunkering To Halt Operations

Greek marine fuel trader and broker Premium Bunkering has been shut down following the departure of its managing director, reports Ship amp 38 Bunker. Premium bunkering shuts down The firm has been closed now that its founder and managing director, Panayotis Bachtis, has taken up a new job runnin....

Mfame Published 3y-2mo-3w-3d-21h-17m ago

KPI OceanConnect Warns of Bunker Quality Issues Amid Price Surge

Some of the bunker quality problems anticipated before the IMO 2020 transition may now come to pass as oil prices surge this year. The collapse in demand for jet fuel and for road fuels caused by COVID 19 meant that some of these could have made their way into the marine fuel blending pool. Bunker f....

Mfame Published 3y-2mo-3w-3d-21h-55m ago

Containerships Takes Delivery of 5th LNG-powered Newbuild

CMA CGM subsidiary Containerships has taken delivery of a new LNG powered vessel from China’s Guangzhou Wenchong Shipyard. The Handysize vessel has been named Containerships Borealis. It has a length of 170 metres, a beam of 27 metres, and capacity for 1,400 TEUs. The newbuild is the fifth LNG pow....

Mfame Published 3y-2mo-3w-3d-22h-16m ago

Hydrogen Viking Equipped With Ecoflow Propulsion System

Hydrogen Viking will be equipped with a hydrogen cell that will deliver energy to a battery bank on board which in turn will supply gears and propellers with sufficient power to move the ship over 30 knots, says an article published in Servogear. Past Official Announcement In January, it was officia....

Mfame Published 3y-2mo-3w-3d-23h-13m ago

Rhenus Expands, Takes Over BLG Freight Forwarding Sites 

Rhenus takes over BLG freight forwarding sites and opens up new markets, says a press release published on their website. The strategic decision  The BLG LOGISTICS GROUP has made a strategic decision to focus on its domestic and international business in its Contract, Automobile, and Container divi....

Mfame Published 3y-2mo-3w-3d-23h-42m ago

DNV GL’s White Paper Pins Out A Looming Safety Gap

The white paper identifies a looming “safety gap” between shipping’s existing approach to safety risks and its ambitions for greater digitalisation and the adoption of alternative fuels, says an article published in DNV GL. DNV GL amp 8217 s White Paper DNV GL, the world’s leading classific....

Mfame Published 3y-2mo-3w-4d-48m ago

Kalmar And TLC Vostochny Continue Long-Term Collaboration

Kalmar, part of Cargotec, has concluded a deal to supply Terminal and Logistics Center Vostochny TLC Vostochny with a total of six Kalmar Essential Reachstackers for use at the rail intermodal terminal in Electrougly in Russia’s Moscow Oblast district. The order was booked in Cargotec’s 2021 Q....

Mfame Published 3y-2mo-3w-4d-5h-25m ago

A Valentine’s Day Story From Royal Caribbean Cruise

Quantum of the Seas may be the only Royal Caribbean cruise ship sailing right now, but she amp 8217 s got a lovely story fit for Valentine amp 8217 s Day, says an article published in Royal Caribbean Blog. About The Cruise Currently, Quantum of the Seas is offering 3 and 4 night cruises with no p....

Mfame Published 3y-2mo-3w-4d-5h-39m ago

Shipping Costs Shoot Up Due To Shortage of Containers

Containers stay piled up in Europe and the US rather than been sent back to Asia. British businesses heavily hit which move and sell imported goods. The average cost of shipping a 40 foot container rose from $1,752 last Feb to more than $8,000 at the end of last week. Continuing shipping chaos cause....

Mfame Published 3y-2mo-3w-4d-9h-40m ago

2021 GREEN4SEA Awards Shortlisted Nominees

SAFETY4SEA amp 8217 s 2021 GREEN4SEA Awards shortlisted nominees announced. Award to recognize those organizations that demonstrated outstanding performance. SAFETY4SEA announced the shortlisted nominees for 2021 GREEN4SEA Awards, says an article published on their website. GREEN4SEA Awards SAFETY4....

Mfame Published 3y-2mo-3w-4d-11h-12m ago

IMO Sets Options To Ensure Shipping’s Decarbonization

IMO sets the low and zero carbon fuel options to ensure shipping’s path to decarbonization at online symposium. The symposium explored the technical aspects of various fuels, safety issues, regulation, pricing. Kitack Lim stresses the need for new technologies, new fuels and innovation to reach a ....

Mfame Published 3y-2mo-3w-4d-11h-36m ago

IOSH Urges Stronger Support for Seafarers

A declaration calling for seafarers to be designated as key workers was signed by more than 300 firms and organsiations. Further, IOSH says there needs to be a cross industry push to protect them. IOSH has previously identified the need for more action to protect seafarers’ wellbeing, with resear....

Mfame Published 3y-2mo-3w-4d-13h-27m ago

World Leader in Certification Gives Approvals in Principle (AiP) for GTT

GTT has obtained two Approvals in Principle AiP from Bureau Veritas, a world leader in testing, inspection and certification. The first Approval is related to the « NH3 Ready » classification of Mark III membrane tanks. The second Approval obtained from Bureau Veritas relates to the higher desig....

Mfame Published 3y-2mo-3w-4d-14h-34m ago

IMO Calls for Action To Counter Piracy in the GoG

Enhanced cooperation and implementation of best practices needed to avoid, deter and report attacks threatening ships and crew. Implementation of Best Management Practices on ships as well as good coordination onshore can help deter and resolve attacks on ships. IMO Secretary General Kitack Lim has ....

Mfame Published 3y-2mo-3w-4d-21h-49m ago

Surging Ocean Cargo Demand Fuels $10b Spree for New Vessels

Trend to continue as carriers eye replacing older vessels. Order book rebounds from a more than 30 year low in 2020. Few of the world’s largest container shipping lines are ordering new vessels amid surging demand for ocean cargo services, giving a long awaited boost to the outlook for shipyards i....

Mfame Published 3y-2mo-3w-4d-22h-50m ago

What Does Force Majeure Do If It Is Declared?

The development of a new BIMCO Force Majeure Clause is progressing and continued last week as the subcommittee met to draft a bolt on provision relating to situations when cargo has been loaded onto the ship and a party declares force majeure, says an article published in Bimco. Contract Termination....

Mfame Published 3y-2mo-3w-4d-22h-50m ago

Poor Bridge Management Leads To LPG Tanker Hitting Wharf

A National Transportation Safety Boa rd Marine Accident Brief says that an 83,000 cubic meter LPG tanker struck a Washington State wharf on December 15, 2019, because the pilot approached with excessive speed and at too steep an angle, resulting from poor bridge resource management by the pilot and ....

Mfame Published 3y-2mo-3w-4d-23h-38m ago

FOBAS Alerts on Off-spec Sediment Bunker Fuel from Singapore

FOBAS proceeded on testing a number of samples from Singapore, which were ordered as ISO F RMG380 grade. Fuels with high sediments can result in excessive sludge deposition in tanks and throughout the handling and treatment/fuel injection systems. In addition, when using this kind of fuels, it will ....

Mfame Published 3y-2mo-3w-5d-6m ago

BIMCO Promotes JIT Arrival Concept for Efficient Shipping

BIMCO new clause will promote JIT arrival concept in the bulk sector for efficient shipping. The new clause creates a contractual framework to overcome the primary obstacle to just in time arrivals. JIT Arrival Clause for Voyage Charter Parties gives charterers the right to ask owners to optimise th....

Mfame Published 3y-2mo-3w-5d-24m ago

The 2021 ICS Leadership Insights Highlights Cyber Risk Management

Shipping has taken important steps in cyber security, but leaders must continually address cyber risks that are unique to their organisations and operating environments, reports International Chamber Of Shipping. 2021 ICS Leadership Insights This was a clear message from all speakers at the latest I....

Mfame Published 3y-2mo-3w-5d-5h-17m ago

DNV GL Updates Its GRAB Notation

DNV GL updates its GRAB notation for cargo hold reinforcements that will save owners money, says an article published on their website. GRAB notation  In response to technical advances resulting in lower weight bulk cargo grabs with reduced damage potential, DNV GL has revised its GRAB notation for....

Mfame Published 3y-2mo-3w-5d-8h-25m ago

Weekly Bulk Report – Week 6, 2021

The Baltic Briefing has released a report about the dry bulk market for the 6th week of shipping activities of this year. The report dated 12th January highlights the dry bulk market conditions at the on sight of the 6th week. Capesize The market was predictably quiet by the end of the week with man....

Mfame Published 3y-2mo-3w-5d-8h-42m ago

Weekly Tanker Report – Week 6, 2021

The Baltic Briefing has issued the tanker report for the 6th week of this year. The report dated 12th February 2021 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities. VLCC VLCC sector seems quiet ahead of the Chinese Lunar New Year Holiday.....

Mfame Published 3y-2mo-3w-5d-11h-56m ago

[Watch] Cargo Ship Engine Room Fire

A general cargo ship suffered fire in the engine room on Feb 8 in Caspian sea, while en route from Baku to Aktau, reports Maritime Bulletin.  What happened According to the report from the master, funnel insulation cover was the source of the fire.  Ship disabled Fire was extinguished by sealing ....

Mfame Published 3y-2mo-3w-5d-12h-7m ago

ICS Leadership Insights Dialogues On Cyber Security

Shipping has taken important steps in cyber security, but leaders must continually address cyber risks that are unique to their organisations and operating environments. This was a clear message from all speakers at the latest ICS Leadership Insights dialogues on 10 February 20201, focusing on cyber....

Mfame Published 3y-2mo-3w-5d-14h-19m ago

ECSA Mandates Bunker Suppliers To Sell Zero-carbon Fuels

Industry body the European Community Shipowners amp 8217 Associations ECSA has recommended that the EU makes it mandatory for bunker suppliers to sell zero carbon fuels as it starts to charge the shipping industry for its carbon emissions, reports Ship amp 38 Bunker. Making Zero carbon fuels ....

Mfame Published 3y-2mo-3w-5d-21h-50m ago

MAN ES Two-stroke Business Hits Major Milestone

MAN Energy Solutions’ Two Stroke Business has surpassed 1,000 orders for Tier III compliant, emission reduction technology for its portfolio of MAN B amp 38 W branded, low speed engines, reads the company press release. Tier III requirements Under the Tier III standard, NOx emissions must be redu....

Mfame Published 3y-2mo-3w-5d-22h-9m ago

Singapore Updates COVID Protocols on Crew Change & Repatriation

The Maritime and Port Authority of Singapore, in their recent circulars, has updated the  requirements for sign off crew from ocean going cargo ships that require COVID 19 pre departure testing in Singapore. Updated requirements MPA notes that some countries require traveller amp 8217 s to take a ....

Mfame Published 3y-2mo-3w-5d-22h-47m ago

Wärtsilä To Provide Predictive Maintenance for Siem Offshore Vessels

The technology group Wärtsilä has signed a Wärtsilä Optimised Maintenance Agreement covering two offshore Well Intervention Vessels owned by Norway based Siem Offshore, reads the company website. Optimization of fuel consumption  The 5 year agreement will ensure the optimal maintenance required....

Mfame Published 3y-2mo-3w-5d-23h-5m ago

With Severe Piracy Attack Highlights, ECSA Launches New Security Concept In Gulf Of Guinea

The European shipping industry welcomes the EU’s political commitment to a first pilot of the new Coordinated Maritime Presences CMP concept in the Gulf of Guinea off the coast of West Africa, but cautions that the situation remains very precarious for European and international merchant vessels....

Mfame Published 3y-2mo-3w-5d-23h-52m ago

The First-All Electric Vessel To Be Launched In Tokyo Next Year

According to an article published in IEEE Spectrum, a new ship powered only by lithium ion batteries is coming to Japan’s coastline and the 60 meter long tanker will be the first all electric vessel of its kind when it launches in Tokyo Bay next year, its developers say. The e5 Vessel The “e5....

Mfame Published 3y-2mo-3w-6d-44m ago

Maersk Posts Optimistic 2021 Outlook Despite Sizeable Bottleneck

Container shipping firms are locked in a “significant bottleneck” as resurgent global demand stretches capacity and drives up freight rates, Maersk CEO Soren Skou told CNBC Wednesday. amp 8216 A challenging quarter amp 8217 Maersk, the world’s largest container shipping firm, missed its ow....

Mfame Published 3y-2mo-3w-6d-3h-49m ago

Tensions Continue To Rise With The Deteriorating Security In The Gulf Of Guinea

The recent news headline said it all: “Pirates kidnap 15 Turkish sailors in attack on container ship” off the Nigerian coast in the Gulf of Guinea. A vast maritime zone of 2.3 million square kilometers and 5700 kilometers of coastline with considerable economic wealth, the Gulf of Guinea has rec....

Mfame Published 3y-2mo-3w-6d-3h-50m ago

Technical Report on Ammonia Fueled Ships Shows Potential

According to a Cyprus Shipping News article, the Korean Register KR has published a technical report outlining the safety regulations and resulting design implications for ammonia fueled ships. The report provides essential information for industry stakeholders such as shipowners, shipyards, and e....

Mfame Published 3y-2mo-3w-6d-4h-50m ago

California Box Ship Traffic Jam Shows the Scope of the Region

A newly released U.S. Coast Guard video offers visceral proof of just how extreme the congestion has become at the ports of Los Angeles and Long Beach, reports Freight Waves. The new view from above reveals a vast armada of container ships scattered at anchor across California’s San Pedro Bay. The....

Mfame Published 3y-2mo-3w-6d-5h-1m ago

SSI Published White Paper To Reduce Carbon And Improve Sustainability

The Sustainable Shipping Initiative SSI on 8 February published a white paper setting out sustainability issues and principles surrounding marine fuels under consideration for shipping’s decarbonisation, says an article published in Manifold Times. The White Paper The paper, titled Defining sust....

Mfame Published 3y-2mo-3w-6d-23h-28m ago

Seaspan Orders 10 Dual-fuel LNG Boxship Newbuilds

Seaspan announced its agreements with a major shipyard for 10 – 15,000 TEU dual fuel liquefied natural gas LNG containership newbuilds , says a press release published on their website.  LNG powered investment The ultra modern containerships are anticipated to begin deliveries in the first half....

Mfame Published 3y-2mo-3w-6d-23h-38m ago

ONE’s Biofuel Trial Hailed As Successful

Ocean Network Express ONE trials GoodFuels’s biofuel, says a press release published on their website. The 2 month trial The two month trial was carried out on the 4,803 teu MOL Experience. Bunkering was carried out at the port of Rotterdam in November. About the mixture During this first trial,....

Mfame Published 3y-2mo-3w-6d-23h-44m ago

Hyundai FSO Vessel Design Secures ABS Approval

ABS has granted approval in principle AIP to Hyundai Heavy Industries’ HHI Group design for a floating storage and offloading FSO vessel that is intended for operations in Mexican waters, reports OE Digital. ABS compliance review The two million barrel cargo tank capacity design 2 MMbbl wa....

Mfame Published 3y-3mo-2h-45m ago

EU Energy Majors Partner on Green Hydrogen Consortium

30 energy players initiate an integrated value chain to deliver green hydrogen across Europe at the price of fossil fuels. The ambition is to achieve 95 GW of solar and 67 GW of electrolysis capacity by 2030 to deliver 3.6 million tonnes of green hydrogen per year. Following two years of research an....

Mfame Published 3y-3mo-2h-59m ago

RINA & SDARI Collaborate on First ‘Dual-fueled’ Tanker Design

RINA and SDARI have signed a Joint Development Project Agreement to develop a ship design capable of being fueled by either ammonia or methanol. SDARI will focus on the ship concept development and design while RINA will verify the compliance with the applicable rules, including those for the use of....

Mfame Published 3y-3mo-3h-24m ago

ReCAAP ISC Reports 7 Armed Robberies in Asia

Seven incidents of armed robbery against ships were reported in Asia in January 2021, reports ReCAAP ISC. Incidents in the Singapore strait The ReCAAP ISC is concerned with the continued occurrence of incidents on board ships while underway in the Singapore Strait. In January 2021, three incidents w....

Mfame Published 3y-3mo-3h-48m ago

[Watch] LPG Tanker Fire & Explosion

A LPG tanker under repairs at Samarinda PT Barokah Perkasa shipyard, East Kalimantan, Indonesia, reportedly caught fire, followed by an explosion, on Feb 11, reports Maritime Bulletin.  Did you subscribe to our daily newsletter It’s Free! Click here to Subscribe! Source: Maritime Bulletin The po....

Mfame Published 3y-3mo-1d-10h-31m ago

These Photos Capture Beautiful Moments Of Seafarers’ Lives At Sea

ITF Seafarers have created a photographic archive of crew members’ experiences at sea during this extraordinary time, with vivid impressions of what it is like to sail the oceans during the Covid 19 pandemic, reports South China Morning Post. Here is a selection of photos depicting the realities o....

Mfame Published 3y-3mo-1d-11h-28m ago

Failed Valve Caused An Oil Spill In Bay of Gibraltar

A valve problem on a bulk carrier anchored in British waters in the Bay of Gibraltar caused an oil spill on Friday, some which drifted into the harbour basin, says an article published in Gibraltar Chronicle. Spill Damaging Boats As boat marinas inside the harbour deployed booms to stop the spill da....

Mfame Published 3y-3mo-1d-11h-36m ago

Over-riding Issues Dealt in Maritime Transportation Sub-committee

A meeting of the Coast Guard and Maritime Transportation Sub committee discussed some of the important maritime issues. They include stevedores as key workers for vaccinations, queues of containerships on the US West Coast, and the country’s shipyards in focus. The sub committee within the House C....

Mfame Published 3y-3mo-1d-13h-40m ago

Extraordinary Sonar Images Map 2 Deadliest Shipwrecks in History

Survey ship HMS Echo has investigated shipwrecks at the heart of two of the greatest losses of life at sea in history, reports the Maritime Executive. Devonport based Echo has been on operations in the Baltic and recently studied the wrecks of Second World War vessels Wilhelm Gustloff and Goya. More....

Mfame Published 3y-3mo-1d-19h-42m ago

MSC Unveils First ‘Humanoid’ Bartender

MSC Cruises has unveiled the first humanoid, robotic bartender that will debut on their newest cruise ship, reports Fox News. First humanoid bartender Rob, the first humanoid, robotic bartender at sea, will be the feature in the MSC Starship Club and exclusively on MSC Virtuosa. Rob will mix and se....

Mfame Published 3y-3mo-1d-20h-23m ago

2020 Marked Highest Piracy Rates In 5 Years

Pirates have continued to launch attacks in the Singapore Strait, with three reported incidents last month in the 105km long stretch of water south of Singapore which serves as a key waterway for trade, says an article published in Straits Times. Increasing Piracies Last month amp 8217 s incidents ....

Mfame Published 3y-3mo-1d-22h-11m ago

BIMCO Urges Industry To Tackle Fake Contracts

BIMCO urges shipping players to help combat the industry’s often unknowing use of counterfeit copies of BIMCO forms, says a press release published on their website. Proof checking agreements In an effort to reduce risks and save time in proof checking agreements, BIMCO urges shipping players to h....

Mfame Published 3y-3mo-2d-5h-16m ago

Nautilus Urges Governments To Rethink on Quarantine Policy

Nautilus International, the trade union for maritime professionals, has urged the government to rethink its policy to refuse key worker seafarers from hotel quarantine, says an article published in Sea News. Mark Dickinson Comments ‘I am dismayed that the government has not followed its own policy....

Mfame Published 3y-3mo-2d-6h-57m ago

Ships Heading To China Hit 6 Month High

The number of oil tankers sailing to China, world amp 8217 s largest importer of crude oil, jumped to a six month high of 127 on Friday according to data from Bloomberg. It estimated that if fully laden, the vessels would deliver in excess of 250 million barrels, says an article published in Global....

Mfame Published 3y-3mo-2d-11h-43m ago

Asian Fuel Margin Hits 1 Year High Amid Clenching Supply

Supported by shrinking supplies and firm demand, Asian refiners amp 8217 profit from producing very low sulphur fuel oil VLSFO rose to a one year high this week, setting the stage for a trend that could persist throughout the year, reports Business World. Crude market tightness amp 8220 Tightn....

Mfame Published 3y-3mo-2d-21h-51m ago

Maersk Witness 6.9% Drop in Bunker Consumption Amid Pandemic

Logistics giant AP Moller Maersk saw a 6.9% drop in its bunker consumption last year as the COVID 19 pandemic hit container freight demand, reports Ship amp 38 Bunker. Plunging bunker consumption Maersk amp 8217 s total bunker consumption was 10.3 million mt in 2020, according to its annual repo....

Mfame Published 3y-3mo-2d-23h-10m ago

Yara Steps Into The Low-carbon Ammonia Sector

Yara is stepping into the low carbon ammonia sector, announcing a new division focused on green ammonia as a marine fuel and fertilizer, says an article published in Maritime Executive. Yara Clean Ammonia Svein Tore Holsether, President and Chief Executive Officer of Yara said, amp 8220 I am . . .....

Mfame Published 3y-3mo-2d-23h-37m ago

MOL Names New LNG Carrier To Import Clean LNG from USA

Mitsui O.S.K. Lines, Ltd. held the naming ceremony for an LNG carrier, ordered through a wholly owned subsidiary of MOL online on February 9, 2021, says a press release published on their website. The online ceremony The LNG carrier was named amp 8220 GAIL BHUWAN amp 8221 in the presence of Mr. ....

Mfame Published 3y-3mo-2d-23h-43m ago

BIMCO Urges IMO To Reconsider Draft Sewage Regulation 

Along with other international organizations and member states of IMO, BIMCO has asked the International Maritime Organization to reconsider its new draft sewage regulation. Together with a number of member states and international organizations, BIMCO has proposed that the IMO should reconsider the....

Mfame Published 3y-3mo-2d-23h-56m ago

Charterers To Go Picky Over New IMO Carbon Rules  

New efficiency standards to squeeze tonnage supply Charterers may embrace only efficient ships Onus on shipowners to face carbon conundrum Draft amendments to the International Maritime Organization amp 8217 s mandatory rules on reducing carbon in existing ships by 2023 are likely to result in new ....

Mfame Published 3y-3mo-2d-23h-58m ago

ABB Software To Improve Efficiency And Cut Fuel Consumption In Ships

Insights into ship’s operational data, amplified by Artificial Intelligence AI can help save up to 10 percent fuel and cut costs and unlocking the value of advanced analytics can increase vessel uptime and reduce essential service visits by up to 30 percent, says an article published in ABB. Dig....

Mfame Published 3y-3mo-3d-5m ago

GEODIS Charters Boxships To Ease Ultra-tight Sea Freight Market

GEODIS, a leading global supply chain operator, provides its customers with guaranteed space in an ultra tight sea freight market from China to Europe. Vessel schedules Arrive Hamburg on 28th The first 1,000TEU1 capacity vessel, operated exclusively by GEODIS, is scheduled to arrive in Hamburg on 28....

Mfame Published 3y-3mo-3d-3h-43m ago

Sea Oil Petroleum Acquires Pro Fuels AS’s Trading Business

Bangkok based Sea Oil Public Company Limited’s Singapore subsidiary, Sea Oil Petroleum Pte Ltd, acquires Pro Fuels AS’s trading business and operations. As part of the acquisition, Sea Oil Petroleum AS has been established and the former Pro Fuels team will transfer as new employees to the compa....

Mfame Published 3y-3mo-3d-5h-45m ago

Young Seafarer Takes His Own Life Onboard An Asphalt Tanker

With express permission, it is with great sadness that Tanker Operator reports the tragic and premature death of a young seafarer onboard the MT SEA PRINCESS IMO 8607634 , an asphalt bitumen tanker owned by Global tanker Pvt Ltd India and operated by Prime Tankers UAE , which occurred on the after....

Mfame Published 3y-3mo-3d-6h-27m ago

Container Shipping Fiasco Puts A Continuance on Air Freight Service

Current modal shift from ocean to air by Seko Logistics is expected to continue as chaos in the container shipping industry is expected to continue beyond the Chinese New Year, reports Air Cargo News. Airfreight due to ongoing delays Seko Logistics chief growth officer Brian Bourke said that this ye....

Mfame Published 3y-3mo-3d-22h-10m ago

[Answer] How Operators Can Protect Seafarers’ Health During COVID-19

An article in Safety4sea explains how ship operators can protect seafarers’ health during COVID 19. According to the ISM Code, ship operators are required to assess all identified risks to their ships and personnel and take the necessary measures. Therefore, shipping companies should develop plans....

Mfame Published 3y-3mo-3d-22h-35m ago

Fujairah Oil Stocks 2 Month Low Over Category Shrinkage

Fujairah delivered 0.5% bunkers prices rose 7% in the week to Feb 9. Middle distillate stocks showed the biggest % drop. Light distillates stocks at a three week low. According to a Platts report, oil products stockpiles at the Port of Fujairah outside of the Strait of Hormuz in the Persian Gulf dro....

Mfame Published 3y-3mo-3d-23h-16m ago

Rotterdam Won’t Allow Ships Without Bunkering License

In a major development, IBIA has come out in the support of Rotterdam bunker fuel transport license, reports Port News. Rotterdam is an important bunkering hub and any change in their fuel licensing will have a major impact on maritime trade. Bunkering Vessels Need License As of 1 February 2021, bun....

Mfame Published 3y-3mo-3d-23h-20m ago

Glencore Faces $6m Claim From Maersk Over Off-spec Fuel

Container shipping giant Maersk has filed suit alleging that fuel supplied to it as part of an oil swap deal was contaminated. The suit filed seeks to hold commodities trader Glencore liable for supplying the off spec fuel to the company’s vessels. Maersk claims an approximate USD 6.1 million in t....

Mfame Published 3y-3mo-3d-23h-31m ago

Peninsula Completes Its First LNG bunkering

Peninsula Petroleum completed a record breaking first LNG bunker supply to its customer H Line in Malaysian waters, says an article published in OffshoreEnergy. First LNG bunker supply Peninsula Petroleum, in partnership with Petronas Marine, completed its first LNG bunker supply. Bulk carrier’s i....

Mfame Published 3y-3mo-3d-23h-43m ago

China’s 5,000 Ton Patrol Rescue Ship Launched

A patrol ship in the Taiwan Straits, developed by the China Shipbuilding Industry Corp CSIC , held its launching ceremony, says an article published in Global Times. Largest maritime patrol rescue vessel  The patrol ship launched will become China amp 8217 s largest maritime patrol rescue vessel ....

Mfame Published 3y-3mo-3d-23h-47m ago

Abandoned Seafarers Crew Ship Still Stuck Abroad After 4 Years

With nearly four years into their odyssey at sea, the five member crew of oil tanker MT Iba is tantalisingly close to shore and yet still unable to set foot on dry land, says an article published in Reuters. The Calm after the Storm Bleary eyed and wearing tattered clothes, the men are exhausted fro....

Mfame Published 3y-3mo-4d ago

KaMin | CADAM To Levy Container Service Surcharge

CADAM SA announces a temporary container service surcharge of $300 per container on all export shipments effective February 10, 2021. KaMin amp 124 CADAM are implementing a variety of solutions to minimize delivery delays amid turmoil in the international freight markets. This temporary surchar....

Mfame Published 3y-3mo-4d-4h-54m ago

RightShip Launches New Safety Score

Shipping risk management organization RightShip launched its new Safety Score and Platform says a press release published on their website.  About the old Qi platform RightShip’s old Qi platform has been made ‘read only’ and the Risk Rating removed, before Qi will go offline on February 15. A....

Mfame Published 3y-3mo-4d-5h-18m ago

Ship Operators Seek Calmer U.S. Trade Waters

The global shipping industry is hoping that President Biden’s “America is back” declaration means the U.S. is returning to free trade principles, and away from Trump administration protectionist policies that often dragged ocean vessels into efforts to enforce sanctions, reports WSJ. What Happ....

Mfame Published 3y-3mo-4d-9h-26m ago

What Are Navigation Sounds?

Just as lights play a significant role in understanding what other boats are doing, so do sounds. Understanding what you hear is another step towards being a amp 8220 complete mariner amp 8221 , reports BoatUS. Virtually every boat is required to have some sound producing device. There is a great....

Mfame Published 3y-3mo-4d-9h-43m ago

How Digitalization Can Help Promote Transparency In The Maritime Industry

Digitalization can enhance transparency, accountability and disclosure throughout the ship recycling supply chain, reports Riviera.  Data Issues Data quality and fastidious administration is vital to ensuring compliance with the latest hazardous material requirements in the European Union EU and ....

Mfame Published 3y-3mo-4d-9h-45m ago

European Hi-5 Bunker Spread Hits Triple Digits

The European fuel oil Hi 5 spread has risen to triple digits for the first time since the end of March 2020, reports Platts. The widened spread Reason behind the rise The rise is said to be due to the low sulfur fuel oil supported by demand from the East and limited domestic production. Highest spre....

Mfame Published 3y-3mo-4d-10h-52m ago

24 Seafarers Face Job Cuts,Appeal To Save Their Jobs

Dutch seafarers face job cuts after Maersk Line announced the sale of its Dutch ships. The seafarers appeal to the shareholders of A.P. Moeller – Maersk to intervene to help save their jobs. In an open letter to the Maersk shareholders, they appealed for intervention with management. The campaign ....

Mfame Published 3y-3mo-4d-12h-17m ago

Crew Need To Watch Forecasts, To Avoid Collision

Transportation Safety Board issues a safety message due to a collision. The collision took place between two bulk carriers anchored while waiting for cargo at the Port of Vancouver. The crash happened between the Green K Max and the Golden Cecilie. It happened on March 30 last year in the water betw....

Mfame Published 3y-3mo-4d-12h-35m ago

Hapag-Lloyd Secures Green Financing for 25% Less Emissions

Six new container ships being built for Hapag Lloyd will deliver emissions savings of as much as 25%. As a result it wins the liner green financing for its order. Hapag Lloyd amp 8217 s six new 23,500 TEU boxshipswill be able to run on LNG as well as conventional bunkers, and are due for de....

Mfame Published 3y-3mo-4d-12h-52m ago

Swedish Ferry Operator To Launch Fossil Free Vessel Before 2030

Swedish ferry operator Stena Line plans to start operating two fossil free battery powered vessels on the route between Gothenburg and Frederikshavn in Denmark no later than 2030, says an article published in Ship Insight. The Collaboration Project In an effort to speed up the transition to fossil f....

Mfame Published 3y-3mo-4d-22h-31m ago

High & Low Sulphur Fuels Expected To See Quieter Demands This Week

Both high sulfur and low sulfur bunker fuel markets are expected to see quieter demand in the week leading up to the Lunar New Year holidays in Singapore, market participants said, although the cargo markets have seen slightly diverging fundamentals, says an article published in S amp 38 P Global. ....

Mfame Published 3y-3mo-4d-23h-3m ago

Eyesea Completes Tests for First Deep Sea ‘Pollution-mapping App’

The not for profit organisation Eyesea has successfully tested its pollution mapping app on ocean going vessels, reports the Maritime Executive. The test was conducted when proof of concept readings using the prototype app were taken last month by crew members of an Oldendorff Carriers vessel near F....

Mfame Published 3y-3mo-4d-23h-15m ago

Windship & DNV Unveils New Zero-emission Ship

Windship Technology has created a new zero emission ship that could help to revitalise the industry, says an article published in Environment Journal. The Zero Emission Ship The True Zero Emission ship uses a new diesel electric drive system that helps to eliminate carbon dioxide, nitrogen oxide and....

Mfame Published 3y-3mo-5d-23m ago

CMA CGM Issues First Quarter Equipment Imbalance Surcharge

The CMA CGM group, in their website, informs its customers of the Equipment Imbalance Surcharge applicable as follows as from March 1st, 2021 until further notice. Empty Equipment Imbalance Surcharge Origin Range: From Bata, Equatorial Guinea Destination Range: To all destinations Equipment/Cargo: a....

Mfame Published 3y-3mo-5d-38m ago

LNG Buyers Rethink Procurement Plans Due To Surge In Spot Prices

 This winter amp 8217 s LNG supply constraints and the associated surge in Asian spot LNG prices in mid January have prompted buyers to rethink their procurement strategies, given sellers amp 8217 opportunity to market long term deals with renewed vigor, and may trigger some lasting changes in ....

Mfame Published 3y-3mo-5d-2h-49m ago

How Autonomous Shipping Can Change The Maritime Industry

Autonomous ships are good for business, for the environment and improves safety both at sea and on land. Autonomy introduces a new competition area for short sea shipping and opens a larger market for maritime players – on the expense of polluting, congested and accident prone truck transportation....

Mfame Published 3y-3mo-5d-2h-51m ago

Pan Ocean Shares To Rise in 2021, Uptrend BDI

Ocean shipping in favor in 2021, shipbuilding in 2022 top pick is Pan Ocean. Shipbuilding and ocean shipping stocks have been following a similar pattern as in the market upturn of 2017. The economic recovery in 2021 will be driven by fiscal policies and stimulus measures implemented by developed c....

Mfame Published 3y-3mo-5d-4h-26m ago

Towards Ammonia Fueled Ship Commercialization

Introducing 3 mil mt/year of fuel ammonia by 2030 with cost cut target Finalizing detailed ammonia procurement plans in next several years: official Aims to develop 100 mil mt/year fuel ammonia supply networks by 2050 According to a Platts report, Japan has estimated its demand for fuel ammonia in t....

Mfame Published 3y-3mo-5d-8h-43m ago

How Ship Safety Onboard Containerships Are Changing

A new class notation from DNV GL attests to special fire detection and firefighting measures implemented on board a containership. The notation was first given to the 23k class MSC FEBE, the winner of the 2020 Seatrade Shanghai “Ship of the Year” award, says an article published on their website....

Mfame Published 3y-3mo-5d-8h-49m ago

NYK Line To Build LPG Dual-fueled VLGC Duo

NYK announces the order of its first two liquefied petroleum gas LPG dual fueled very large gas carriers VLGCs to Kawasaki Heavy Industries Ltd, says a press release published on their website.  Both ships will be built at the KHI Sakaide Works shipyard and are set for delivery in 2022. Benefit....

Mfame Published 3y-3mo-5d-9h-26m ago

Submarine Collides With Bulk Carrier

A Japanese submarine collided with a commercial ship while surfacing in Pacific coast on Monday, reports CNN. What happened According to government officials, a Japanese submarine collided with a commercial ship as it attempted to surface off the country amp 8217 s Pacific coast on Monday. The acc....

Mfame Published 3y-3mo-5d-9h-55m ago

Weekly Bulk Report – Week 5, 2021

The Baltic Briefing has released a report about the dry bulk market for the 5th week of shipping activities of this year. The report dated 05th January highlights the dry bulk market conditions at the on sight of the 5th week. Capesize The market began to meet increased resistance to the recent slid....

Mfame Published 3y-3mo-5d-11h-33m ago

UK Seafarers Have To Apply for New Style Certificates

This Marine Information Note MIN provides information on the change to the format of STCW Certificates of Competency CoC . It also gives information on Flag State Endorsement / Certificates of Equivalent Competency FSE/CEC . The information is issued by the Maritime and Coastguard Agency MCA , ....

Mfame Published 3y-3mo-5d-11h-52m ago

Ammonia Ships and Decarbonization, Expert View

amp 160 ABS had awarded a newbuild with the world amp 8217 s first amp 8216 ammonia ready amp 8217 designation from a classification society. The vessel, ordered by Avin International, will initially be conventionally powered.  The vessel will be given the current outlook for ammonia uptak....

Mfame Published 3y-3mo-5d-12h-11m ago

Maersk Sues Glencore Over Contaminated Bunkers

Maersk accuses Glencore of having supplied low quality bunker for two of its container ships in 2018. The ships subsequently experienced engine problems, and Maersk wants millions of dollars in compensation for the damages. Logistics giant AP Moller Maersk is suing global commodity trader Glencore o....

Mfame Published 3y-3mo-5d-22h-54m ago

INTERTANKO Updates Guidance on Crew Welfare Management

Following extensive use and feedback, the amp 8216 Crew Welfare Management and Mental Wellness amp 8217 guide of INTERTANKO has now been updated and is presented as a second edition. The updated guidance includes advice on helping seafarers to deal with emotional stress and overcome negative fee....

Mfame Published 3y-3mo-5d-23h-21m ago

Major Bunkering Hubs Witness ‘Record’ Post-pandemic Price Spread

The price spread between low VLSFO and high HSFO sulphur fuel oil continues to widen across the world, reports Splash247. Surge in fuel spread  Lorentzen amp 38 Stemoco noted in an update to clients that the spread – often called the Hi5 – is now above $100 per ton in all the major bunke....

Mfame Published 3y-3mo-5d-23h-39m ago

Singapore Receives Accolade for ‘Green Port’

The MPA of Singapore announced the Port of Singapore has been recognised as an Asia Pacific Economic Cooperation APEC Port Services Network APSN Green Port in 2020. This is the third consecutive time that MPA has received the accolade since it was launched in 2016. Regional shipping and bunkerin....

Mfame Published 3y-3mo-6d-1m ago

BIMCO Issues Weekly COVID19 Report Focusing Crew Change Rules

The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID 19 in relation to implementation measures imposed by governments for sea transport including for crew change as well as from the United Nation bodies like the International Maritime Organization IMO....

Mfame Published 3y-3mo-6d-39m ago

Exxon Make Amends But Not Much Change Exxon Mobil’s Strategy

Exxon reported its first annual loss in at least three decades, reports Bloomberg Quint. Within that, it took a $19 billion impairment.  Free cash flow swung negative to the tune of almost $5 billion, or almost $20 billion after dividends were paid out.  Net debt to capital, 19% at the start of la....

Mfame Published 3y-3mo-6d-5h-22m ago

Maersk Essen To Rejoin Regular Service After Weather Related Accident

Maersk has given clients hope their delayed shipments on the 13,100 teu Maersk Essen may get to Los Angeles within a couple of weeks, reports Splash247. Boxes lost due to the storm The ship suffered the fourth reported box spill in the Pacific this winter, losing around 750 boxes overboard in a st....

Mfame Published 3y-3mo-6d-6h-16m ago

China’s Shipping Industry Experiences Extreme Shortage Of Containers

Chinese exporters suffer from extreme shortage and rising costs of shipping containers, which strand in America and Europe due to the COVID 19 pandemic, reports CGTN. Rising shipping prizes  East China amp 8217 s Yiwu, also known as China amp 8217 s commodity exporting hub, bore the brunt when co....

Mfame Published 3y-3mo-6d-9h-13m ago

Ballard & GEV Signs MoU To Develop Compressed Hydrogen Ship

Ballard signs MoU with Global Energy Ventures for the development of fuel cell powered ship, says a press release published on their website. About the MoU Ballard Power Systems announced signing a non binding Memorandum of Understanding MOU with Global Energy Ventures GEV .  GEV is a provider o....

Mfame Published 3y-3mo-6d-10h-54m ago

BIMCO To Update SHIPMAN & CREWMAN Agreements

BIMCO has decided to revise and update SHIPMAN 2009 and CREWMAN A and B 2009 – the ship management sector’s “go to” standard agreements, says a press release published on their website. Third party management agreements In recent years, these industry stalwarts have spawned several other sta....

Mfame Published 3y-3mo-6d-11h-25m ago

Stena To Make Port of Gothenberg Fossil-free

Stena Line joins forces with transport giants to make Scandinavia’s largest port fossil free, says a press release published on their website. Cut emissions by 70% Stena Line, Volvo Group, Scania and the Port of Gothenburg have joined forces in an effort to speed up the transition to fossil free f....

Mfame Published 3y-3mo-6d-12h ago

Maritime Informatics Book Explores Digital Technology In Shipping

Digitalization has already unveiled its promising nature for shipping, but how does this translate in practice A new book entitled ‘Maritime Informatics’ comes to provide a vivid example of how decision making in the industry can be improved by digital technology, says an article published in s....

Mfame Published 3y-3mo-6d-22h-26m ago

Swedish Technology Provider Explains Their Project’s Usage In Shipping Emissions Reduction

According to an article published in Shipping Technology, a Q amp 38 A on the research project of Alfa Laval amp 8217 s use of fuel cell technology to decrease shipping emissions, has been conducted by Ilaria Grasso Macola IGM . The Research Project Swedish technology provider Alfa Laval has laun....

Mfame Published 3y-3mo-1w-1h-14m ago

SOFC Technology in Shipping Emissions Reduction

According to an article published in Shipping Technology, a Q amp 38 A on the research project of Alfa Laval amp 8217 s use of fuel cell technology to decrease shipping emissions, has been conducted by Ilaria Grasso Macola IGM . The Research Project Swedish technology provider Alfa Laval has laun....

Mfame Published 3y-3mo-1w-1h-14m ago

Titan LNG Secures Long-term Charter of NYK Vessel

Titan LNG is chartering the 5,200 cbm capacity Green Zeebrugge bunker vessel – formerly known as the Engie Zeebrugge – for ‘several years.’ The Green Zeebrugge joins Titan LNG’s two bunker barges already in operation, FlexFuelers 001 and 002, and will provide ‘better loading economics’....

Mfame Published 3y-3mo-1w-1h-37m ago

Crew Rotations With Seafarers Struggles

According to an article published in Lowy Institute, due to the heavy crisis of pandemic, some countries have banned crew rotations, some have tight limits and few are open, which implies the crisis continuing. Seafarer Crisis When a business manager is willing to spend US$200,000 to send home five ....

Mfame Published 3y-3mo-1w-1h-56m ago

Yara Marine Shifts To Crew Training Amid Pandemic Downtime

Experts in Yara Marine Technologies now have their hands full with online training to help superintendents and chief engineers invest downtime in their crew, reads the company website. Crew training courses on the rise The number of training courses has nearly doubled owing to the coronavirus pandem....

Mfame Published 3y-3mo-1w-18h-54m ago

[Infographic] EU Approves Shipping Inclusion Into ETS

The European Parliament recently approved the inclusion of shipping into the EU Emissions Trading Scheme ETS which could dent shipowners amp 8217 profits, reports Platts. Strong resistance The shipping sector, which represents 13% of total EU greenhouse gas emissions, is likely to be under EU ET....

Mfame Published 3y-3mo-1w-21h-12m ago

BIMCO Launches New Clause To Tackle AIS Abuse

Industry group BIMCO is seeking to take on the problem of ships tampering with satellite tracking to avoid being spotted breaking sanctions. The new BIMCO clause will address not only the use of the AIS during the charter party but also prior to the contract. The BIMCO AIS “Switch Off” Clause fo....

Mfame Published 3y-3mo-1w-21h-42m ago

Total Joins Maersk-led Project for Maritime Decarbonization

French energy major Total has joined the Mærsk Mc Kinney Møller Center for Zero Carbon Shipping as a strategic partner. The partnership will allow Total to join forces with leading players across the shipping sector to develop new low carbon alternative fuels and carbon neutrality solutions. Total....

Mfame Published 3y-3mo-1w-22h-8m ago

Volunteers Eager To Sign Up For Royal Caribbean’s Exciting Test Cruises

More than 250,000 have signed up for a Royal Caribbean program that might still be months away, reports Bloomberg. Eager to volunteer  When Royal Caribbean International announced it was looking for volunteers to help test its post pandemic health and safety protocols, Melody Wiggins was among the ....

Mfame Published 3y-3mo-1w-1d-10h-41m ago

Shipping Industry Facing Humanitarian Crisis

Terence Tsai started hearing about the growing labor crisis in shipping in a roundabout way. First, in March, an official at a ship management company in Hong Kong let slip that a captain had purposefully diverted a vessel under its control into the middle of the ocean to protest the treatment of hi....

Mfame Published 3y-3mo-1w-1d-12h-3m ago

Post-COVID Era and Working in Shipping

Guests of the inaugural CAREER4SEA Talk, Iris Baguilat, President, Döhle Seafront Crewing Manila Inc., John Dolan, Deputy Director of Loss Prevention, Standard Club and Gisa Paredes, Chief Operating Officer, WellAtSea discussed about the new trends in the post pandemic industry, says an article ....

Mfame Published 3y-3mo-1w-1d-23h-24m ago

2 Recruitment Agents ‘Blacklisted’ for Duping Seafarers

The Seamen’s Employment Office has debarred and blacklisted 2 seafarers’ recruitment and placement agents and their directors from conducting any maritime activity associated with the Directorate General of Shipping and its allied offices, reports the Hindu Business Line. The blacklisted agents ....

Mfame Published 3y-3mo-1w-2d-4h-4m ago

TDoS Partners With SDARI To Take Ship Designs To a Higher Level

Shanghai Ship Design amp 38 Research Institute signs partnership on joint ship design projects with Tillberg Design of Sweden, says an article published in Seatrade Cruise News. Ship design projects  Tillberg Design of Sweden TDoS and Shanghai Ship Design amp 38 Research Institute SDARI h....

Mfame Published 3y-3mo-1w-2d-10h-10m ago

G20 Business Body Chooses ICS As Official Network Partner

ICS selected by G20 business body as its official network partner to highlight the key role of shipping in global trade and the need to end the ‘crew change crisis’, says a press release published on their website.  Network partner in B20 In an industry first, ICS selected as network partner fo....

Mfame Published 3y-3mo-1w-2d-11h-32m ago

LNG A Prime Pathway To Carbon Neutrality

amp 160 SEA LNG released a new report showing that LNG is no longer a niche option but a marine fuel of the future, says an article published in Offshore Energy. LNG Fuelled shipping 2020 was a year of positive developments for LNG fuelled shipping. It saw a record number of ships using and ports....

Mfame Published 3y-3mo-1w-2d-11h-50m ago

19 Seafarers Go On Hunger Strike for Third Week

19 seafarers aboard the 1982 built bulker Ula launch a hunger strike to protest their abandonment at the port of Shuaiba, Kuwait. The crew demands back pay totaling more than $400,000, along with immediate repatriation. Since January 7, they refuse all food, and they told the ITF that they will no....

Mfame Published 3y-3mo-1w-2d-12h-46m ago

Ammonia The Alternative Fuel in the Shipping Industry

Ammonia as bunker fuel can play a key role in business strategy as shipping companies focus on how best to meet the greenhouse gas emission goals set by the IMO. According to the ammonia report, amp 8216 strong strategic planning can enable maritime companies to thrive through a multi decade peri....

Mfame Published 3y-3mo-1w-2d-13h ago

Temporary Bans On International Crew Change End

The Philippines has ended its temporary ban on international crew change for seafarers from vessels which had called at a list of 36 nations. According to shipping agency GAC new guidelines have been issued for crew change from 1 February. This is with reference to the Resolutions Nos.96 amp 38 9....

Mfame Published 3y-3mo-1w-2d-13h-23m ago

[Watch] Corvus Collaborates With Toyota On Hydrogen Fuel Cells

Norway’s Corvus Energy has announced the development and production of sustainable, large scale maritime certified hydrogen fuel cell systems, reports Electrive.com. Production will be located in Bergen, Norway with Toyota onboard as key partner and supplier of mass produced fuel cell technology. ....

Mfame Published 3y-3mo-1w-2d-22h-9m ago

Stowaways On Cargo Ships A Continual Problem for Carriers

The many industries that make up the world of freight have undergone tremendous change over the past several decades. Each week, FreightWaves explores the archives of American Shipper’s nearly 70 year old collection of shipping and maritime publications to showcase interesting freight stories of l....

Mfame Published 3y-3mo-1w-3d-4h-34m ago

New Measures To Reduce Carbon Dioxide Emissions in Vessels

Today’s shipowners face a simultaneous battle on two fronts, states leading paint and coatings manufacturer Jotun. A growing pressure to comply with ever more stringent environmental regulations is matched by a need to control costs, and enhance efficiency, in competitive marketplace. Confronted w....

Mfame Published 3y-3mo-1w-3d-4h-47m ago

Secondhand Bulker Prices Firm Despite Softening Spot Rates

Secondhand bulk carrier prices are firming despite a week of softening spot rates, says an article published in Splash 247.  Smaller tonnage purchase Despite softening spot rates, secondhand bulk carrier prices are firming with buying interest increasingly focused on smaller tonnage. Clarksons Rese....

Mfame Published 3y-3mo-1w-3d-11h-26m ago

CSSC Inks Kamsarmax Sale & Leaseback Deal With Tongli

Tongli Shipping has signed a kamsarmax sale and leaseback deal with CSSC Shipping, says an article published in Splash 247. Sale and leaseback deal  CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation, has entered into a sale and leaseback deal with Singapore based Ton....

Mfame Published 3y-3mo-1w-3d-11h-40m ago

World’s First LNG-powered Bulker Competes Eco-friendly Operation

POSCO, in their press release, announce the first completion an “eco friendly” operation by their LNG powered bulk carrier for overseas raw material transport. Eco friendly vessel On January 20, HL Green, an eco friendly vessel that departed Mokpo, South Korea last December, arrived at Gwangyang....

Mfame Published 3y-3mo-1w-3d-21h-14m ago

Fuel Premiums Run Astray Despite Approaching Holidays

The delivered premium of the very low sulphur fuel oil VLSFO bunker grade to its cargo price assessments in Singapore is largely rangebound, writes Sammy Six for Argus Media. The premium remains flat despite the fast approaching lunar new year holiday and additional COVID 19 measures imposed on th....

Mfame Published 3y-3mo-1w-3d-21h-33m ago

One of the Asyad Group Companies Launches the Giant Oil Tanker

The Oman Shipping Company launched the giant oil tanker Dhalkot , which was built at the DSME shipyard in South Korea and is the last ship out of 3 other tankers that were recently launched last year Tire, Bahla , says an article published in Arabian Daily. Developing Market This is to enhance its....

Mfame Published 3y-3mo-1w-3d-23h-3m ago

BIMCO To Publish Charter Party Clause Protecting Vessel’s AIS

BIMCO is working on a charter party clause that will help the shipping industry deal with potential abuse by sanctions busters of the Automatic Identification System AIS which is mandatory for all ships to carry under SOLAS. What is AIS In general, AIS transmits data about a vessel including its....

Mfame Published 3y-3mo-1w-3d-23h-55m ago

The End of The EU Vessel Owner Recycling Conundrum?

Taking part in the ship recycling in the EU discussion, sponsored by Wirana Shipping, was the company’s vice president amp 8211 Middle East amp 38 green recycling co ordinator, Hitesh Vyas. He was joined by ADS Insight Scandinavia managing director and ADS Insight Belgium senior adviser Lott....

Mfame Published 3y-3mo-1w-4d-14m ago

ITPCO Discussed Practical Obstacles Facing JIT Operations

International Taskforce Port Call Optimization ITPCO chairman Ben van Scherpenzeel discussed the practical obstacles facing JIT operations including charterparty contractual clauses, says an article published in riviera. Communicating JIT Operations The clauses stipulate that masters are expected ....

Mfame Published 3y-3mo-1w-4d-46m ago

EPS Surpassed Its CO2 Reduction Target Two Years Ahead of Schedule

EPS, which operates a diverse fleet of over 15m dwt, revealed the achievement as it published its Environmental, Social amp 38 Governance ESG Policy for 2021, says an article published in seatrade maritime. EPS Disclosing Its Fleetwide CO2 Emissions EPS started disclosing its fleetwide CO2 emis....

Mfame Published 3y-3mo-1w-4d-4h-24m ago

The Urgent Need Of Setting Up Crew Change Hubs For Seafarers

The establishment of a global network of crew change hubs would help alleviate the humanitarian crisis seafarers face at present, according to the Maritime Authority of Jamaica MAJ , reports Seatrade Maritime News. Crew Changes  The hubs could offer a short term solution to the barriers presented ....

Mfame Published 3y-3mo-1w-4d-7h-29m ago

The Agenda For This Year’s GreenTech Virtual Forum

Major shipowners, service providers, research and government bodies will gather for two days of knowledge sharing and networking at the 3rd GreenTech in Shiping Virtual Forum on March 2 and 3, 2021, reports The Maritime Executive. The event schedule The forum will cover a rich variety of topics and ....

Mfame Published 3y-3mo-1w-4d-7h-30m ago

(FAQ) Difference Between Demurrage and Detention

Demurrage and Detention are 2 crucial things seafarers face at ports on a regular basis yet most of them aren amp 8217 t that much aware of the difference between them and often get tangled in legal issues. To remedy that Green Worldwide has done a thorough article explaining the terms.  Let amp ....

Mfame Published 3y-3mo-1w-4d-9h-26m ago

Ship Crew Needs Better Training of Lifesaving Equipment, Says Manufacturer

The number of accidents that happen onboard a ship while at sea underlines the importance of safety equipment training for the seafarers and Safety4sea understood that so they spoke to Mr Iasonas Lalizas, Marketing Communication Manager at Lalizas Hellas. Today we are going to put forward that insi....

Mfame Published 3y-3mo-1w-4d-9h-42m ago

 CMA CGM Operates New Box Terminal

As competition for Mediterranean container traffic heats up, CMA CGM is set to operate a new container terminal at Egypt’s port of Alexandria, reports the LoadStar. The French shipping group will manage the multipurpose, 1.5m teu capacity facility, Pier 55, with operations commencing next year. Fa....

Mfame Published 3y-3mo-1w-4d-9h-52m ago

Foreign Flagged Ships Detained in the UK During December 2020

The Maritime and Coastguard Agency MCA announced that six foreign flagged ships remained under detention in UK ports during December 2020 after failing port state control PSC inspection. Six new detentions During December, there were four new detentions of foreign flagged vessels in a UK port. I....

Mfame Published 3y-3mo-1w-4d-10h-39m ago

K Line & ShipDC Agrees To Share Operational Data

amp 160 K Line and ShipDC have agreed to share operational data of the entire K Line fleet equipped with Kawasaki Integrated Maritime Solutions, says a press release published on ClassNK website. Operational data sharing Japanese shipping major Kawasaki Kisen Kaisha K Line and Ship Data Center ....

Mfame Published 3y-3mo-1w-4d-12h-2m ago

Covid Drives Leading Oil Company To First Loss In A Decade

BP has reported a loss of $5.69bn £4.15bn for last year after a collapse in global oil demand during the Covid 19 pandemic, compared with a profit of almost $10bn in 2019, says an article published in The Guardian. Tumbled Prices The company’s first full year financial loss in a decade came aft....

Mfame Published 3y-3mo-1w-4d-12h-10m ago

Platts Launches A New Dry Bulk Weighted Average Index

Platts has launched a new dry bulk weighted average index – APSI 5 – for Supramax class bulkers, effective February 1, 2021. Platts is the leading independent provider of information, analytics and benchmark prices for the commodities and energy markets. APSI 5 is the dry bulk freight market amp....

Mfame Published 3y-3mo-1w-4d-14h-56m ago

Dry Bulk Sector Welcomes New Safety Standards

INTERCARGO and RightShip are founding partners of DryBMS, a quality standard for the dry bulk sector. Safety, environmental  and operational excellence are promoted through company self assessment. Both RightShip and INTERCARGO have strongly and consistently advocated the need for significant impr....

Mfame Published 3y-3mo-1w-4d-15h-8m ago

Crew Member Has A Fatal Fall From Portable Ladder

The Britannia P amp 38 I Club, in its BSafe campaign, reports the incident where an AB had a fatal fall from a portable ladder onboard a product tanker. The AB was conducting maintenance work on the launching system for the ship’s free fall lifeboat and later tragically died from his injuries. Th....

Mfame Published 3y-3mo-1w-4d-23h-13m ago

Demand Surge in Container Shipping Depletes Charter Market

The unexpected demand recovery in the container shipping sector driven primarily by the US based demand surge has seen the charter market depleted of available capacity, reports Offshore Energy. Increase in delays due to demand upturn The demand upturn has lead to increasing delays and heavy port co....

Mfame Published 3y-3mo-1w-5d-4m ago

Ultramax Stays Strong Amid Slipping Capesize

Baltic Exchange has released a report about the dry bulk market for the 4th week of shipping activities of this year. The report dated 29th January highlights the dry bulk market conditions at the on sight of the 4th week. Capesize The Capesize routes endured a week of slippage on rates, bringing th....

Mfame Published 3y-3mo-1w-5d-44m ago

Comfort for Crew A Good Sign for Seafarers

It is a good sign for seafarers and the industry that there is so much rallying around behind the Neptune Declaration and pressure is being applied to ensure the messages about the importance of seafarers are being heard. It is vital seafarers get back home, that those stuck at home can return to wo....

Mfame Published 3y-3mo-1w-5d-4h-14m ago

ONE Containership Fleet Makes Extra Calls To Conduct Crew Change

Around 15% of containerships fleet of Ocean Network Express ONE made extra calls last year to conduct crew changes, reports Seatrade Maritime News. Crew change crisis The crew change crisis, which engulfed the shipping industry left over 400,000 seafarers stranded on vessels after their contracts ....

Mfame Published 3y-3mo-1w-5d-5h-22m ago

Global Leaders Warned Off ‘Key Workers’ & Supply Chain Disruption

The fate of more than 200,000 seafarers who play a crucial role in keeping global trade flowing is being labelled a amp 8220 humanitarian crisis at sea amp 8221 . More than 300 firms and organisations are urging for them to be treated as amp 8220 key workers amp 8221 , so they can return home ....

Mfame Published 3y-3mo-1w-5d-8h-27m ago

U.S. Oil Industry Concerned, Biden Focuses On Clean Energy

Biden takes steps to pause sales of oil and gas leases on federal land, cancel the Keystone XL pipeline amp 38 expand the government’s fleet of clean energy vehicles. The U.S. oil industry is concerned about limiting access to resources on federal acreage in New Mexico, Wyoming, Alaska and the ....

Mfame Published 3y-3mo-1w-5d-9h-35m ago

Salvors Prepare For Third Slicing Of Capsized Carrier

Salvors continued last week to prepare for the third chain cut through the hull of capsized vehicles carrier Golden Ray IMO 9775816 , reports Insurance Marine News. Work at the wreck site  Divers were removing debris and sediment that was blocking the cutting chain from entering the cut groove fo....

Mfame Published 3y-3mo-1w-5d-10h-41m ago

IMO 2050, Decarbonization & Digital Technologies Challenges

There has been an increasing pressure for shipowners to sharpen their environmental performance, driven by IMO 2050, regional regulations. As a result, market pull from charterers, banks and investors, the decarbonization challenge is here to stay. DNV GL sees the adoption of new digital technologie....

Mfame Published 3y-3mo-1w-5d-13h-17m ago

Neptune Declaration for Maritime Vision 2030, Says Maritime Body MUI

Maritime body MUI urged the government to take cognisance of amp 8216 Neptune Declaration on Seafarer Wellbeing and Crew Change amp 8217 in the formulation of Maritime India Vision 2030. The Ministry of Ports, Shipping and Waterways of India will be formulating amp 8216 Maritime India Vision a....

Mfame Published 3y-3mo-1w-5d-13h-37m ago

Maritime Academies Should Include Environmental Aspects Of Shipping

David Hume, the founder of The Liquid Grid, looks at how America’s next generation of seafarers could lead world shipping to a greener future, reports Splash247. Low carbon energy technologies Maritime decarbonisation won’t happen without adoption of low carbon energy technologies. Unfortunately....

Mfame Published 3y-3mo-1w-6d-9h-32m ago

Shipping Companies Oppose EU’s New Emission Regulations

Shipping companies are crying foul over EU plans to regulate the sector’s emissions. But the industry’s claim that new rules would break international law has no legal basis, write Faïg Abbasov and Aoife O’Leary in their article published on Euractiv. EU extends ETS After thirty years of regu....

Mfame Published 3y-3mo-1w-6d-9h-33m ago

IMO 2020 Reaps 70% Cut in Sulphur Oxide Emissions

On 1 January 2020, new reduced limits on sulphur in fuel oil brought about a 70% cut in total sulphur oxide emissions from shipping. It is ushering in a new era of cleaner air in ports and coastal areas by using less polluting fuels. One year on, indications are that the transition has been extremel....

Mfame Published 3y-3mo-1w-6d-10h-7m ago

Global Container Shortage Implies Signs of Normalcy, Index Confirms

What does the global shortage of shipping containers that’s sent ocean freight rates skyrocketing show Is it signs of easing! Yes, according to an index that tracks the steel boxes used to transport 90% of the global trade in goods, there  is a sign of easing. The Container Availability Index sh....

Mfame Published 3y-3mo-1w-6d-10h-39m ago

U.S. Vows To Help SE Asian Nation Against Maritime Attacks

U.S. President Joe Biden’s government has vowed to extend support to the Philippines, in case of any armed attack in the South China Sea, reports BloombergQuint.  1951 Mutual Defense Treaty  U.S. Secretary of State Antony Blinken told Philippine Foreign Affairs Secretary Teodoro Locsin in a call....

Mfame Published 3y-3mo-1w-6d-10h-45m ago

Methanol Holds Promise as Alt Bunker Fuel: Executive

Much of global methanol production goes to industry leaving little left over for shipping, a methanol industry executive has said. Interviewed by price reporting agency Platts, Methanex amp 8217 s Stuart McCall said that lack of fuelling infrastructure was holding back the fuel amp 8217 s emergenc....

Mfame Published 3y-3mo-1w-6d-23h-58m ago

Uniper Expands LNG Fleet Amid Growing Asian Demand

German utility Uniper took delivery of a new LNG tanker in South Korea amid efforts to boost its presence in the burgeoning Asian LNG market, reads the company website. Service contract for multiple trips The LNG tanker LNG Rosenrot is now complete and will be delivered to Uniper in South Korea. Uni....

Mfame Published 3y-3mo-2w-23h-41m ago

MOL Scraps ‘Oldest LNG Carrier’ in Fleet Modernization

Mitsui OSK MOL has sold its first and oldest LNG carrier, Senshu Maru, for scrap after 37 years with the company. VesselsValue data shows that the 69,594 dwt ship was sold for green recycling in India at a price of $523 per LDT. The portal shows the vessel status as dead as of January 26. amp 8....

Mfame Published 3y-3mo-2w-1d-1h-11m ago

Sulfur Cap Transition ‘Extremely Smooth,’ Says IMO

New limits on fuel oil sulfur brought about a 70% cut in total sulfur oxide emissions from shipping, ushering in a new era of cleaner air by using less polluting fuels. One year on, indications are that the transition has been extremely smooth, a testament to the preparations of all stakeholders pri....

Mfame Published 3y-3mo-2w-1d-1h-41m ago

Biden Administration Renews Ties With Allies In Asia And Europe

The United States has pledged to support its allies involved in maritime disputes over both the South and East China seas – where China is locking horns with its neighbours – as the newly installed US administration is renewing alliances in Asia and Europe, reports South China Morning Post. Defe....

Mfame Published 3y-3mo-2w-1d-9h-42m ago

Government To Address Maritime Challenges To Boost Economy

PRESIDENT Muhammadu Buhari  has embarked on  all encompassing policy at the national level that will holistically address all the  challenges that are facing the  nation’s martime sector to boost the economy, it was learnt, says an article published in The Nation. National Maritime Transpot Po....

Mfame Published 3y-3mo-2w-1d-11h-16m ago

US Maritime Industry Going Gaga Over Biden’s Buy American Push

According to a MarineLink report, Monday amp 8217 s unprecedented decision taken by the new US President was created with cheer by the maritime sector of America. Strengthening US Manufacturing President Joe Biden on Monday signed an executive order aiming to use government spending to strengthen d....

Mfame Published 3y-3mo-2w-1d-12h-17m ago

Will Biden’s Administration Make an Impact on U.S. Maritime Industry?

amp 160 In the next four years, issues related to climate change will pose the greatest challenges for the domestic maritime industry. Neither President elect Biden nor his team have offered specifics on a maritime environmental agenda. Given the expectation of dramatic departure from the Trump A....

Mfame Published 3y-3mo-2w-1d-14h-28m ago

Piracy Attack Demands Tougher Laws To Protect Seafarers in ‘Bay of Blood’

Pirates in the Gulf of Guinea killed a seafarer and took another 15 seafarers hostage in an attack on Saturday. Governments called on for immediate action to prevent more seafarers being murdered in the Gulf of Guinea. After the recent piracy incident off Gulf of Guinea, where pirates killed a seafa....

Mfame Published 3y-3mo-2w-1d-20h-52m ago

Mission Possible Aims To Accelerate Pathways for Decarbonization

Run by the World Economic Forum, Energy Transitions Commission, Rocky Mountain Institute, the We Mean Business coalition, the amp 8220 Mission Possible Partnership amp 8221 aims to accelerate several pathways for decarbonizing heavy industry and transport by unifying the critical actors needed t....

Mfame Published 3y-3mo-2w-2d-5h-14m ago

This Innovative Robot Cleans Ships To Reduce Emissions

The build up of marine plants and animals on ship hulls is an age old problem. This ‘biofouling’ can increase fuel consumption by up to 40% and boost emissions. Now a robot has been invented that cleans ship hulls every time they anchor. An article in World Economic Forum reports of Jotun robot ....

Mfame Published 3y-3mo-2w-2d-6h-37m ago

Future of Seafarers in Times of Automated Ships

Automated ships are gaining momentum these days and the shipping industry is staring at an automated future but the question that amp 8217 s on everyone amp 8217 s mind these days is the future of seafarers.  How will seafarers fare once automated ships take over What will be the life of a seafa....

Mfame Published 3y-3mo-2w-2d-8h-35m ago

The Disheartening Situation Of Seafarers On Board

The latest benchmark Seafarers amp 8217 Happiness Index from Mission to Seafarers sounds a dark note as the COVID 19 pandemic and the crew change crisis drag on, reports The Maritime Executive. amp 8216 Losing Faith amp 8217 Overall index scores last quarter were up slightly, but individual wr....

Mfame Published 3y-3mo-2w-2d-8h-36m ago

Seafarers Hassled Trying to Curb COVID-19 Spread And Pirate Attacks

Seafaring ranks as one of the toughest, most emotionally taxing jobs in global transportation. Saturday’s deadly pirate attack off Africa’s west coast is just the latest reminder — one that further compounds the toll from COVID and geopolitics, reports Freight waves. Attack on The Mozart Pirat....

Mfame Published 3y-3mo-2w-2d-8h-38m ago

Maersk Sells Product Tanker Equipped With Rotor Sails

Maersk Tankers sold its 2008 built product tanker, the world’s first product tanker to test the use of wind propulsion technology, reports Splash 247. About the sold product tanker Rotor sails were installed onboard the vessel Maersk Pelican in 2018 and the company claimed that it showcased an 8.2....

Mfame Published 3y-3mo-2w-2d-8h-39m ago

Shipping Executives Reveal Why They Signed the Neptune Declaration

Shipping industry is abuzz with the Neptune Declaration signed by more than 300 firm amp 8217 s to help stranded seafarers and now shipping executives have voiced their opinion on it, says a Seatrade Maritime News report. The Call for Action Declaration On Tuesday 327 companies and organisations pu....

Mfame Published 3y-3mo-2w-2d-8h-56m ago

Container Shortage Madness Drives Breakbulk, MPVs Uptake

According to a LoadStar report, the “madness” of ex Asia container rates is driving more un boxing of containerised cargo.  And the resulting bounceback for breakbulk is providing a boon for secondary ports and shortsea shipping, reveals chartering specialist Ahlers.  The New Horizon  “New ....

Mfame Published 3y-3mo-2w-2d-9h-13m ago

The Rising Issue of Pirates In The Gulf of Guinea

The latest report by the International Chamber of Commerce’s International Maritime Bureau IMB has shown that piracy in the Gulf of Guinea recorded the highest number of crew kidnapped in 2020, reports The Guardian.  Deploying an effective military The report indicated that the Gulf of Guinea a....

Mfame Published 3y-3mo-2w-2d-9h-23m ago

ClassNK Updates “Guidelines for Remote Surveys”

Leading Classification Society ClassNK has released “Guidelines for Remote Surveys Ver. 2.0” including a class notation requirement for the ship with advance preparation for remote surveys, says a press release published on their website. Use of digital technology ClassNK has been working on the....

Mfame Published 3y-3mo-2w-2d-11h-1m ago

IMF Predicts 21% Rise in Oil Prices in 2021

Oil prices will average just above $50/b in 2021, a more than 21% rise from 2020 amp 8217 s depressed level. This may be attributed to the rollout of vaccines, and fiscal stimulus programs will help the global economy post a stronger than expected recovery from the pandemic. The IMF now expects glo....

Mfame Published 3y-3mo-2w-2d-12h-45m ago

IPO Expected From SM Line in 2021

SM Line announces that it is preparing for an initial public offering IPO in the second half of the year. The shipping company has recently selected NH Investment amp 38 Securities as the lead manager. The company said it will invest the funds raised through the IPO in ships and container equip....

Mfame Published 3y-3mo-2w-2d-12h-57m ago

Oldendorff Carriers Signs A Major Fuel Saving Technology Project

Oldendorff Carriers OC sign a Joint Development Project JDP with Anemoi Marine Technologies Anemoi , LR and SDARI. The JDP is to develop a wind assisted propulsion solution for Dry Bulk Carriers. The project, scheduled for completion in 2022, breaks down significant barriers for the installatio....

Mfame Published 3y-3mo-2w-2d-13h-29m ago

Debunking Pirate Attack, Plight of Seafarers

Pirates are stepping up attacks on ships in West Africa’s Gulf of Guinea, defying regional navies. On Saturday, pirates off Nigeria kidnapped 15 sailors from a Turkish container ship and killed one. Pirates in the Gulf of Guinea kidnapped 130 seafarers in 22 separate incidents last year, accountin....

Mfame Published 3y-3mo-2w-2d-14h-6m ago

This Amazon-backed Startup To Make Net-zero Transportation Fuels

Infinium, an electrofuels solution provider, closed the funding bringing together a consortium of investors including Amazon’s Climate Pledge Fund, Mitsubishi Heavy Industries MHI , AP Ventures, Neuman amp 38 Esser, and the Grantham Environmental Trust, reports Bloomberg. The proceeds will be ....

Mfame Published 3y-3mo-2w-2d-19h-54m ago

Oil Majors To Tackle Rising Crude Prices Amid Muted Demand

Indian majors have to balance between rising crude prices, muted demand and heavy central and state levies on retail prices, reports the Business Standard. Crude oil cuts When Saudi Arabia announced a crude oil production cut on January 5, it took the world of petroleum by surprise and created a deg....

Mfame Published 3y-3mo-2w-2d-21h-16m ago

HMM’s First Extra Loader in Korea-Europe Route

On Jan 27, HMM announced that it will deploy its first extra loader on the Korea Europe route on Jan 31 to help Korean companies ship their export products on schedule, says an article published in Business Korea. Extra Loader Deployments The shipping company has recently deployed its 9th extra load....

Mfame Published 3y-3mo-2w-2d-23h-39m ago

Restricted Availability Hampering Methanol Bunkering Uptake

Recently Platts spoke with Stuart McCall from Methanex about the prospect of methanol as a bunker fuel. Today we are going to take a look at that interview. Methanol Hurdle Methanol offers significant greenhouse gas savings as a bunker fuel but demand for its use in other sectors along with limits o....

Mfame Published 3y-3mo-2w-3d-4h-20m ago

BIMCO Adopts New Time Charter for Accommodation Support Vessels

BIMCO has published a new standard time charter party for accommodation support vessels ASVTIME , reads the club amp 8217 s press release. Contract to meet oil and gas sector needs As highlighted in the club’s previous news item, ASVTIME aims to provide a suitable contracting framework for those....

Mfame Published 3y-3mo-2w-3d-6h-25m ago

(Answer) What Happens When Cargo Ships Ventures Into Terrible Ice Conditions?

An Arctic cargo ship, Sparta III, violated safety rules and sailed into unsafe ice conditions. It took nearly four weeks, several icebreakers and rescue ships to escort it to safety, reports High North News. Today we are chronicling that dreadful incident to understand how unsafe ice conditions harm....

Mfame Published 3y-3mo-2w-3d-9h-8m ago

Guide To Safe Confined Space Entry Onboard Ships

Confined space entry is a matter of great discussion in the maritime industry as a number of lives are lost in these restricted areas. Marine Insight, in effort to provide guidance has published a pocket guide to Safe Confined Space Entry Onboard Ships. Here’s an excerpt from that guide. Enclosed ....

Mfame Published 3y-3mo-2w-3d-9h-54m ago

Why Shippers Built Massive Vessels?

amp 160 Unless you’re involved with international commerce in some way, you might not have heard that the cost of shipping goods out of China is absolutely soaring right now, says an article published in Bloomberg. What Happened Six months ago, the Shanghai Containerized Freight Index of spot ....

Mfame Published 3y-3mo-2w-3d-10h-2m ago

Isle of Manship Launches ‘Crew Matters’ Application For Seafarers

The Isle of Man Ship Registry has officially launched its “Crew Matters” welfare app developed with training company Tapiit Live, says an article published in Seatrade Maritime News. Spotlight to Seafarers With the crew change crisis that left up to 400,000 seafarers stranded on vessels beyond t....

Mfame Published 3y-3mo-2w-3d-12h-1m ago

DSME Bags ABS Approval for Solid Oxide Fuel Cell Technology

Classification society ABS has granted approval in principle AIP to solid oxide fuel cell SOFC technology developed by South Korean shipbuilder Daewoo Shipbuilding amp 38 Marine Engineering DSME , reports Offshore Energy. Joint projects between ABS and DSME The granting of the AiP follows tw....

Mfame Published 3y-3mo-2w-3d-19h-5m ago

Singaporean Consortium To Explore Ammonia As A Marine Fuel

A joint study is underway in Singapore to explore the potential for ammonia to be used as a marine fuel. ABS, Singapore’s NTU, and the ASTI are collaborating on a study on using ammonia as marine fuels in the port of Singapore. ABS, Nanyang Technological University NTU , Singapore, and the Ammoni....

Mfame Published 3y-3mo-2w-3d-19h-39m ago

ICS Launches New Flag State Performance Table

The International Chamber of Shipping ICS has published the latest Flag State Performance Table 2020/2021 which finds that many of the largest flag states – including the Marshall Islands, Hong Kong China , Singapore as well as the Bahamas and Cyprus– continue to perform to an exceptionally....

Mfame Published 3y-3mo-2w-3d-20h-13m ago

State-of-the-art Software for Seafarers, Online Marine Library

Witherbys, the maritime publishing experts, has put cyber security, flexible access and increased data at the heart of its new ereader software, Witherby Connect. It allows seafarers to access the latest information and guidance instantly and easily. The software enables mariners to continue to refe....

Mfame Published 3y-3mo-2w-3d-20h-57m ago

Foreign Flagged Ships Detained In The UK

Four foreign flagged ships were detained in the United Kingdom in December for failing Port State Control inspections, according to the Maritime Coastguard Agency, says an article published in ship amp 38 bunker. What Happened Among a slew of defects found on the Ayress, ballast, fuel and other....

Mfame Published 3y-3mo-2w-4d-5h-5m ago

Yara Announces The Winner of Yara Marine X’s Accelerator Program

According to an article published in Yara Marine, the company started the Yara Marine X program in September last year and after months of search, they finally found a winner amongst the many applicants. CEO amp 8217 s Points “Phoenician Energy’s use of aluminum air battery technology for the m....

Mfame Published 3y-3mo-2w-4d-5h-34m ago

Oil Market Positive Under Biden and Covid Cloud

Traders swung back towards cautious optimism with regards to the impending U.S. economic stimulus package and supply concerns. It caused oil prices to rise about 1 percent  amp 8211 however, the perpetual worry over government mandated lockdowns to combat rising Covid infections limited the ga....

Mfame Published 3y-3mo-2w-4d-11h-50m ago

SSA Clarifies Doubts On Latest Covid 19 Measures At Singapore Port

The Singapore Shipping Association SSA clarifies doubts raised by bunker suppliers amp 38 surveyors regarding the latest Covid 19 measures introduced at Singapore port. The SSA says that several industry players believe the latest changes could adversely affect waterfront operations. Caroline Y....

Mfame Published 3y-3mo-2w-4d-12h-16m ago

A Lineage of 50 Years of Oil Spill, How Governments Responded?

Christian Ingvorsen is an oil expert and marine engineer in DESMI oil spill response. He gives a big picture view on oil spills and their impact on how governments and the private sector have learned to respond to them over five decades. Let us see the drastic improvements of oil spill response over....

Mfame Published 3y-3mo-2w-4d-12h-41m ago

US President’s Next Step Crucial for Asian Oil Market

Japan amp 8217 s 2021 crude oil imports seen falling 5 10%. US President Joe Biden amp 8217 s next steps on Iran, Venezuela sanctions in focus. JKM closes below $9/MMbtu as LNG cargo shortage eases. China amp 8217 s domestic thermal coal prices set to ease as demand slows. A recent news article p....

Mfame Published 3y-3mo-2w-4d-13h-55m ago

Chaos, Container Shortage & Delay Push Shipping Cost by 300%

Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. Ikea’s Singapore operations called it a “global transport crisis” and estimates 850 of its 8,500 products are affected by shipment delays. Chinese....

Mfame Published 3y-3mo-2w-4d-14h-11m ago

Container Shipping Sanction Clauses Published By BIMCO

A new time charter sanctions clause specifically designed for the container shipping sector has been published as a press release by BIMCO in their website. Clause Details The BIMCO Sanctions Clause for Container Vessel Time Charter Parties 2021 is part of an initiative to create a library of sancti....

Mfame Published 3y-3mo-2w-4d-22h-25m ago

BASF Commissions Low Water Tanker for Rhine Waterway

Chemicals company BASF has commissioned Stolt Tankers to help design and build a new tanker that can operate at extreme low water levels in the river Rhine, reads the company news release. The ship will be built by Mercurius Shipping Group and after scheduled delivery in 2022, Stolt Tankers will ope....

Mfame Published 3y-3mo-2w-5d-18m ago

[Infographic] Asian Winter Drives Fuel Demand

Winter temperatures in North Asia fell to their lowest in decades in early January, sending fuel demand for heating and power generation through the roof, reports Platts. Fuel supplies in high demand A Platts infographics shows that the shortages sent countries scrambling to shore up supplies. Utili....

Mfame Published 3y-3mo-2w-5d-54m ago

Strengthening the Shipping Industry from Within

According to an India Seatrade News article India amp 8217 s scope at Seatrade is ever increasing because of its geographical advantage of lying close to the sea but the competition from other Seatrade hubs dampens its spirits. However, that is altering with time. Let amp 8217 s check out how. Ind....

Mfame Published 3y-3mo-2w-5d-4h-38m ago

Panama Canal Signs MoUs To Optimize Supply Routes for COVID-19 Vaccine

The Panama Canal has signed memorandums of Understanding with Panama Ports Company PPC and PSA Panama International Terminal PSA Panama to help optimize supply routes for the distribution of the COVID 19 vaccine and supplies to Latin America, says an article published on PanCanal. About the Agre....

Mfame Published 3y-3mo-2w-5d-5h-37m ago

Weekly Tanker Report – Week 3, 2021

The Baltic Briefing has issued the tanker report for the 3rd week of this year. The report dated 22nd January 2021 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities. VLCC The market weakened even further this week with rates dropping and the....

Mfame Published 3y-3mo-2w-5d-8h-9m ago

Refiners Go For Carbon Capture Renewables

Refiners using offsets from renewable fuels. The switch to renewables using carbon capture programs comes from companies like Valero, ExxonMobil, Chevron Emissions per barrel of crude processed to drop further Increased use of solar, wind and cogeneration power Now refiners are making the big switch....

Mfame Published 3y-3mo-2w-5d-9h-14m ago

Way Ahead for IMO from 2021 Cyber Guidelines

The seaports are important avenues when it comes to cyber security risks and the last year targeting of IMO and several other shipping companies websites underline how crucial the upcoming IMO cyber guidelines. Keeping that in mind, the Maritime Executive has analysed the new guidelines and what it ....

Mfame Published 3y-3mo-2w-5d-9h-30m ago

Wärtsilä Extends Maintenance Agreement With Golar

The technology group Wärtsilä has signed a five year extension to its Optimised Maintenance agreement with Golar Management Norway. The operator and manager of a fleet of LNG Carrier and Floating Storage and Regasification Unit FSRU vessels. The agreement covers a total of 16 ship installations....

Mfame Published 3y-3mo-2w-5d-10h-8m ago

Wärtsilä Enters a Long-term Partnership with Golar Management

The technology group Wärtsilä has signed a five year extension to its Optimised Maintenance agreement with Golar Management Norway. The operator and manager of a fleet of LNG Carrier and Floating Storage and Regasification Unit FSRU vessels. The agreement covers a total of 16 ship installations....

Mfame Published 3y-3mo-2w-5d-10h-8m ago

KSOE Gets AiP For Wing Sail Propulsion System

DNV GL has awarded an Approval in Principle AIP to Korea Shipbuilding and Offshore Engineering KSOE for a wing sail auxiliary propulsion system for ships – the result of a joint research project between KSOE and SK Shipping, says an article published in Marine Insight. Virtual Award Ceremony T....

Mfame Published 3y-3mo-2w-5d-10h-36m ago

Seri Everest Records To 911000 Barrels Of Ethane

Dallas based Energy Transfer LP announced the first Very Large Ethane Carrier VLEC , has been loaded under its previously announced joint venture with Satellite Petrochemical USA Corp., says an article published in Marine Insight. Maiden Voyage The Seri Everest, the world’s largest VLEC, departed....

Mfame Published 3y-3mo-2w-5d-11h-10m ago

Weekly Bulk Report – Week 3, 2021

The Baltic Briefing has released a report about the dry bulk market for the 3rd week of shipping activities of this year. The report dated 22nd January highlights the dry bulk market conditions at the on sight of the 3rd week. Capesize The Capesize market rocked and rolled these past few days. But ....

Mfame Published 3y-3mo-2w-5d-11h-54m ago

Crude Shipments Boost Corpus Christi Port To 2020 Tonnage Record

Corpus December exports at 1.9 million b/d. Corpus export activity around 4.41 million b/d end 2020. Houston exported 685,250 b/d in December. The Port of Corpus Christi ended 2020 with record tonnage, mainly due to a 65% increase in crude oil shipments from the previous year, reports Platts. New qu....

Mfame Published 3y-3mo-2w-5d-19h-57m ago

IMSA Launches Remote Cyber Vulnerability Scanning for Ships

In response to the IMO amp 8217 s cyber security requirements, the International Maritime Security Associates IMSA has developed a suite of cyber security tools and services for the maritime industry, reports Superyacht News. Remote assessment tool The company has recently launched the capability....

Mfame Published 3y-3mo-2w-5d-21h-11m ago

MSC Bags Maritime Sustainability Certificate

MSC has been awarded the Maritime Sustainability Passport certificate and seal by the North American Marine Environment Protection Association NAMEPA , recognising the company’s responsible business operations and approach to sustainability, the company said in its release. Maritime Sustainabilit....

Mfame Published 3y-3mo-2w-5d-21h-45m ago

Sudden Waves Over Poop Deck Puts Crew Overboard

Transport Malta amp 8217 s MSIU issued an investigation report on two man overboard from the bulk carrier MV Stara Planina, in January 2020. The two crew members were lost overboard when unexpected waves washed over the poop deck, as they were not secured to the vessel. The incident On 02 January 2....

Mfame Published 3y-3mo-2w-5d-22h-4m ago

Carnival Opts for Wärtsilä Waste Treatment

Technology group Wärtsilä has signed a framework agreement with Carnival Corporation, the global cruise ship operator, covering the supply and installation of Wärtsilä’s advanced wastewater and dry waste treatment systems for up to 32 vessels across many of its operating brands, says an articl....

Mfame Published 3y-3mo-2w-6d-4h-51m ago

The CHEK Project Conducts Tests To Develop Energy Efficient Ships

A new research effort, which is focusing on combining emerging technologies to promote low carbon shipping, will test its technologies on in service vessels, reports The Marine Executive. The CHEK project  The project, which is named CHEK deCarbonizing sHipping by Enabling Key technology symbiosis....

Mfame Published 3y-3mo-2w-6d-8h-20m ago

Better Results Expected for the Global Bunker Market in 2021

The World Bunker Index MABUX displayed irregular fluctuations over a week due to COVID 19 pandemic’s spread related worries. Border closures amp 38 shutdowns continue to constrain fuel demand. 380 HSFO index fell from 367.25 USD/MT to 365.95 USD/ MT 1.30 USD ,  VLSFO added 1.00 USD: from 461....

Mfame Published 3y-3mo-2w-6d-9h-50m ago

New Hydrogen Cargo Ship Concept from Havyard

Havyard Group ASA along with a European player partners in order to develop hydrogen zero emission vessels, says a press release published on their website. Climate goal target Europe is devoting extensive resources to achieving the climate goals, and the maritime industry is part of the solution. H....

Mfame Published 3y-3mo-2w-6d-11h ago

Measures To Minimize Hazardous Electrical Shocks On board

An electrical shock is the worst of all kinds of accidents on board ships. Author Anish lists out precautionary steps to minimize such on board risks for an article published in MarineInsight. Reason for an electrical shock Electrical wires and connections are present everywhere on ships and it is i....

Mfame Published 3y-3mo-2w-6d-11h-26m ago

$14,000 To Ship a Container To the UK, But the Usual Price is $2,500

The founder of start up Houseof.com, which imports lighting from China, says the rise in shipping costs means she amp 8217 s making a loss on what she sells. The six fold increase in shipping costs is hard to take, especially when getting hold of a container amp 8220 is like gold dust amp 8221 .....

Mfame Published 3y-3mo-2w-6d-14h-35m ago

Two No Connection Events Connects to a Concerning Message

According to an article published in Shipping Insight, two separate and unconnected events took place might have a disconcerting message for ship operators who may have far more on their mind than preparing for a future that is still shrouded in fog. First Event At an ICS webinar, Graham Westgarth t....

Mfame Published 3y-3mo-2w-6d-22h-9m ago

Can Shipping Absorb the Cost of Emission On Top of A Technology Levy?

According to an article published in Shipping Insight, two separate and unconnected events took place might have a disconcerting message for ship operators who may have far more on their mind than preparing for a future that is still shrouded in fog. First Event At an ICS webinar, Graham Westgarth t....

Mfame Published 3y-3mo-2w-6d-22h-9m ago

DESMI BWMS Gets USCG & IMO Type Approval

A new configuration of DESMI Ocean Guard’s CompactClean BWMS has been approved by both the US Coast Guard and the Danish Maritime Authority. CompactClean Bulker is designed for higher flow rates during deballasting, solving one of the main operational issues faced by bulk carriers. DESMI Ocean Gua....

Mfame Published 3y-3mo-3w-44m ago

TFG Marine To Kick Start UK Bunkering Operations

TFG Marine Pte Ltd will start bunkering operations at the Falmouth Anchorage, off the South West Coast of the United Kingdom. TFG Marine will provide bunker operations from this month with two SIRE inspected barges and plans to add further barges to this operation over time. The agreement will allow....

Mfame Published 3y-3mo-3w-1h-27m ago

Maersk Institute Seeks Economist To Abet Shipping Decarbonization

The Maersk Mc Kinney Møller Center for Zero Carbon Shipping has posted a job advertisement for a chief economist in Copenhagen, reports Ship amp 38 Bunker. Shipping decarbonization The Maersk Mc Kinney Møller Center is a non profit independent research centre, working across the whole of shippi....

Mfame Published 3y-3mo-3w-1h-43m ago

IMO 2020 And Its Impact On The Oil And Gas Industry Report

The amp 8220 International Maritime Organization IMO 2020 and its impact on Oil and Gas Industry amp 8211 Thematic Research amp 8221 report has been added to Research And Markets website offering, says an article published in finance. IMO 2020 The International Maritime Organization IMO i....

Mfame Published 3y-3mo-3w-2h ago

OOCL Profits Plummet Amid Soaring Rates & Demand Spike

OOCL enjoys rich profits following a demand spike despite pandemic. OOCL’s liftings improved by an above market 7.3% on 2019 with revenue gaining 18.9% on the year. Tradelanes also record substantial gains and no end in sight to the bull run of container lines. A strong Q4 2020 operational update ....

Mfame Published 3y-3mo-3w-2h-4m ago

Drugs Worth £76million Were Seized At Southampton Port

Forbidden fruit! Police seize nearly a TON of cocaine with £76million street value hidden in shipment of bananas at Southampton port, reports Daily Mail. Seized Drugs Cocaine with a street value of £76 million has been seized after being found in a shipment of bananas at Southampton. The class A d....

Mfame Published 3y-3mo-3w-1d-9h-37m ago

Oil Market Bullish, Post Biden Inauguration

amp 160 As expected, Wednesday amp 8217 s inauguration of Joe Biden as president of the U.S. had a beneficial effect on oil but the gains were minimal, says an article published in ship amp 38 bunker. Experts Comments John Kilduff Still, the analytical community was buoyant over the change i....

Mfame Published 3y-3mo-3w-1d-9h-47m ago

Call for Creation of Dedicated Seafarers Support Fund

Maritime body MUI demands announcement of a support fund for seafarers in the forthcoming Budget. Maritime Union of India MUI is the country amp 8221 s oldest union of merchant navy officers. It has urged the government to allocate substantial corpus towards creation of a amp 8216 seafarers sup....

Mfame Published 3y-3mo-3w-1d-13h-47m ago

Royal Caribbean Group Extends Suspension Of Cruising

Royal Caribbean Group continues to focus on the healthy and safe return to cruising for guests, crew, and the communities we visit, says an article published in Marine Insight. Sailings Suspensions As the Royal Caribbean Group work closely with the U.S. Centers for Disease Control and Prevention and....

Mfame Published 3y-3mo-3w-2d-1h-23m ago

Royal Caribbean Extends Cruise Suspensions

Royal Caribbean Group continues to focus on the healthy and safe return to cruising for guests, crew, and the communities we visit, says an article published in Marine Insight. Sailings Suspensions As the Royal Caribbean Group work closely with the U.S. Centers for Disease Control and Prevention and....

Mfame Published 3y-3mo-3w-2d-1h-23m ago

Holland Shipyards Group Secures Order for Hybrid Ferry Trio

Dutch ship designer and builder Holland Shipyards Group has secured a contract to build three additional hybrid ferries for towing and ferry company Schlepp und Fährgesellschaft Kiel SFK , reads the company news release. Hybrid drivetrain system The contract follows the delivery of hybrid ferry G....

Mfame Published 3y-3mo-3w-2d-4h-30m ago

Dry Bulk Shipping ETF Stays At Top in 2021

A targeted dry bulk shipping exchange traded fund has rallied in the new year, breaking from traditionally weak seasonal trends. Among the best performing non leveraged ETFs of Friday, the Breakwave Dry Bulk Shipping ETF NYSEArca: BDRY  jumped 6.9%. BDRY has already surged 36.0% so far in 2021. A....

Mfame Published 3y-3mo-3w-2d-4h-54m ago

China Steps Up To Stabilize Freight Rates

China’s Ministry for Commerce is again looking to step in to stabilise the container shipping market. Media speculation indicates that shipping lines could be called to a series of meetings to discuss the container shortage and high rates. Ministry is in talks with the ministry of transport and ot....

Mfame Published 3y-3mo-3w-2d-9h-19m ago

Bring The Vaccination Document To Sail On Saga Cruise Ships

The UK travel company Saga Cruises has become the first cruise line to announce that it is requiring all passengers to be vaccinated for COVID 19 to sail on its cruise ships, says an article published in The maritime executive. Saga’s announcement While there have been rumors that the cruise indus....

Mfame Published 3y-3mo-3w-2d-9h-59m ago

Transparency The Key To Crew Change Challenge, Says BIMCO

A recent article published on BIMCO website says transparency and dialogue between owners amp 38 charterers is the key to crew change challenge. Freedom of contract Shipping is essentially a marriage between the commercial interests of charterers who hire ships to transport cargoes, and shipowner....

Mfame Published 3y-3mo-3w-2d-10h-27m ago

Increase In Rollover Rates Reported In World’s Top 20 Ports

Container cargo rollovers at the world’s top 20 ports in jumped 75% in December 2020 compared to the previous month as lines struggle with a huge surge in volumes and equipment shortages, according to analysts Ocean Insights, reports Seatrade Maritime News. Rollover rates Average rollover rates at....

Mfame Published 3y-3mo-3w-2d-11h-2m ago

Shipping Industry’s Initiatives for Seafarers Wellbeing

Since the start of the pandemic, crew wellness has topped the industry agenda with international shipping bodies, unions and associations vowing for a fairer treatment of seafarers, reports Safety4Sea. What actions has the industry taken to resolve this humanitarian crisis While crews remain trappe....

Mfame Published 3y-3mo-3w-2d-11h-22m ago

U.S. Shale Gas Market in 2021, The Highs and Lows

amp 160 U.S. crude oil exports have maintained high levels despite reductions in domestic supply and international demand for crude. Kpler points out that amp 8216 2020 US shale grades departures increased 11.9% compared to a year ago in spite of decreased global demand. amp 8217 Barring unf....

Mfame Published 3y-3mo-3w-2d-12h-46m ago

Supply Cuts Hit Oil Tanker Market Badly

Saudi Arabia’s oil production cuts have hit the tanker market so hard that owners of the biggest vessels effectively subsidize cargo deliveries on the industry’s main trade route. Supertankers delivering 2 million barrel shipments of the kingdom’s oil to China are losing $736 a day for the pri....

Mfame Published 3y-3mo-3w-2d-13h-9m ago

Cargill Trials Wind Sail Technology on Bulk Carrier

A wind energy project for ships has taken a step forward as the technology is to be installed on a Kamsarmax dry bulk carrier, reports Ship amp 38 Bunker. Rigid wind sails Commodities trader Cargill formed a partnership with Bar Technologies and Deltamarin to develop the rigid wind sails that are....

Mfame Published 3y-3mo-3w-2d-19h-18m ago

Steamship Mutual Club Highlights Safe Access of Ro-Ro Spaces

Safety4sea reports about a series of infographics highlighting the safety risks onboard RO RO vessels amp 38 PCTC carriers. The infographics were first published by Steamship Mutual Club. Proper access of RO RO spaces In the infographic, the club focuses on how to properly access RO RO spaces and....

Mfame Published 3y-3mo-3w-2d-19h-45m ago

MPA Issues Crew Change Requirements for Cargo Ships

The Maritime and Port Authority of Singapore MPA Singapore issued an update concerning the requirements on crew change for cargo ships in the port of Singapore. Crew change requirements MPA Singapore will keep in mind the following: crew whose employment contract has expired additional crew on bo....

Mfame Published 3y-3mo-3w-2d-20h-5m ago

MSC Teams Up With Hydrogen Council To Reach Zero-carbon Goals

Mediterranean Shipping Company MSC has joined the Hydrogen Council, a global industry body, as a steering member to foster cross sector collaboration that will accelerate R amp 38 D related to clean hydrogen derived fuels and solutions, says an article published in Logistics Update Africa. The In....

Mfame Published 3y-3mo-3w-2d-22h-26m ago

Capesize Market Starts Off 2021 With A Boom, Says BIMCO

BIMCO says the year 2021 has started strongly for the capesize market with 1,427 journeys completed or underway in the first 20 days of the year, a 10.4% increase compared to the same period last year, according to figures from VesselsValue. This counter seasonal upswing stands in contrast to the de....

Mfame Published 3y-3mo-3w-2d-22h-39m ago

Blended Maritime Training To Revolutionize Seafarers Life

The maritime industry has taken a further step into online and blended training with the appointment of Andrea Lodolo as the new CEO of Seably – the marketplace for maritime training, reports the Maritime Executive. The online platform has already reached more than 20,000 maritime professionals. A....

Mfame Published 3y-3mo-3w-3d-8h-4m ago

WMU Report Shows Crew Changes Affect Seafarers Most

According to a World Maritime University report focusing on the experiences of seafarers during the COVID 19 pandemic, addressing the challenges they face and identifying factors that may mitigate the negative impact of the pandemic is crucial as there are severe shortfalls and challenges to seafare....

Mfame Published 3y-3mo-3w-3d-8h-10m ago

Highest Number of Seafarer Abandonment in 2020

Abandonment of seafarers is on the rise this year, exacerbated by the pandemic, with reported cases at a record high of more than double the 2019 levels, reports the Lloyd amp 8217 s List Highest Abandonment  This year, 76 cases have been recorded, involving more than 1,000 seafarers, data shows. ....

Mfame Published 3y-3mo-3w-3d-8h-48m ago

Minimum Taxations Key To Reverse Tax Avoidance in Shipping

The Organization for Economic Cooperation and Development recently released a blueprint for an internationally coordinated minimum tax for multinational enterprises. It aims at reaching a global agreement on this in 2021. It is not certain that any agreement would cover global shipping. The plan wou....

Mfame Published 3y-3mo-3w-3d-8h-59m ago

Carriers Forced To Conclude Fixtures Months Into The Future

The absence of open containerships on the charter market has resulted in carriers being forced to conclude fixtures months into the future, says an article published in The loadstar. Long bull run for the liner industry Moreover, the duration of time charters has lengthened considerably, it is becom....

Mfame Published 3y-3mo-3w-3d-9h-2m ago

Mega Boxship Loses 750 Containers Overboard

According to a W K Webster and Co Ltd post, a mega containership lost up to 750 containers in the Pacific Ocean. What happened It has been reported that a containership lost a very significant number of containers overboard in the Pacific Ocean on 16 January 2021.  The incident occurred on passage....

Mfame Published 3y-3mo-3w-3d-10h-29m ago

ABS Classed Suzemax Converted to Run on Ammonia for the First time

An ABS classed Suezmax tanker ordered by Avin International LTD, the first vessel of a potential order of three vessels, is to be the first ammonia fuel ready vessel in the world, says an article published in Seanews. The Vessel The landmark 274 meter long vessel, hull number 0315852, is now under c....

Mfame Published 3y-3mo-3w-3d-16h-14m ago

[FAQ] What’s The Importance Of Bulbous Bow in Ships?

An article in Safety4sea explains the importance of bulbous bows in ships. What is a bulbous bow The metal in front of the ship is called the bulbous bow. The name origin is simple, as this structure generally resembles the shape of the bulb, and is always placed at the bow of the ship. Hence, bul....

Mfame Published 3y-3mo-3w-3d-20h-16m ago

Container Freight Demand To Remain Buoyant Amid Surging Rates

Container freight demand to escalate throughout the Lunar New Year. A delay in the return of containers to dockside in the US and Europe in Q2 2020 led to equipment shortages. The global economy is expected to recover amid the COVID vaccine administration. Demand for container freight looks set to r....

Mfame Published 3y-3mo-3w-3d-21h ago

Crew Change Issues Turns Up to be Covid Mutates

According to an article published in Sea4sea, the following several months of restricted crew mobility which has left thousands of seafarers stranded onboard ships beyond contract limits, the crew change issue is now becoming more complicated with much of the world locking down again in light of the....

Mfame Published 3y-3mo-3w-4d-38m ago

Crew Change Crisis Complicates Amid New COVID Mutations

Crew changes are once more becoming difficult as much of the world locks down again following the emergence of several new and more transmissible variants of Covid 19, reports Safety4sea. Crew Transitions With travel corridors being closed and new travel restrictions imposed, airlines are once again....

Mfame Published 3y-3mo-3w-4d-38m ago

Chinese Shipbuilding Industry Emerged At The Top In 2020

China amp 8217 s 2020 new shipbuilding orders exceeded those of South Korea and returned the country to the No.1 spot after two years, CCTV reported on Sunday, says an article published on Global Times. Data From MIIT According to data released by the Ministry of Industry and Information Technology....

Mfame Published 3y-3mo-3w-4d-7h-57m ago

Carriers Gone Too Far With Prices As Rates Soar

According to a LoadStar report written by Mike Wackett, there are signs that spot rates from Asia to Europe might be beginning to cool at last. Today’s Shanghai Containerized Freight Index SCFI comprehensive index inched up just half a percentage point this week to 2,885, which is 190% higher th....

Mfame Published 3y-3mo-3w-4d-9h-23m ago

Panama 2020 Bunker Volumes To Drop Further

Last year amp 8217 s fall for Panama bunker volumes was the sharpest in at least a decade. A sharp decline at the end of the year took Panama amp 8216 s 2020 bunker volumes to the biggest annual drop on record. Total volumes for December saw a 19.8% decline from the same month a year earlie....

Mfame Published 3y-3mo-3w-4d-9h-33m ago

Maersk Highlights Poor Security for Vessels & Crews In GoG

The world’s biggest shipping company demanded a more effective military response to surging pirate attacks and record kidnappings off the coast of West Africa. The number of attacks on vessels globally jumped 20% last year to 195, with 135 crew kidnapped, the International Maritime Bureau’s Pira....

Mfame Published 3y-3mo-3w-4d-9h-41m ago

40% of VLCCs To Don Scrubber by December 2021

Despite a massive drop in premium earnings for ships fitted with scrubbers during 2020, the scope for scrubber cancellations has been limited. This can be attributed to contractual obligations with shipyards and scrubber manufacturers, Gibson Shipbrokers said in its latest weekly report. This might ....

Mfame Published 3y-3mo-3w-4d-9h-56m ago

IEA’s Report States The Impact Of Reducing Methane Emissions

Reducing methane emissions from oil and gas operations is among the most cost effective and impactful actions that governments can take to achieve global climate goals, said the International Energy Agency IEA in a new report, says an article published on Safety4Sea. Methane Although methane has a....

Mfame Published 3y-3mo-3w-4d-10h-41m ago

Value Maritime & Yard Energy Speed Up Scrubber Technology

Dutch scrubber manufacturer Value Maritime intends to accelerate the installation of clean exhaust filters on ships. It has teamed with Yard Energy, a private investor in onshore wind and clean energy projects. Yard Energy will assist Value Maritime in speeding up growth, with capital and specialist....

Mfame Published 3y-3mo-3w-4d-10h-42m ago

New Package of Measures To Promote the Greek Flag

The Greek government is prompting a new package of measures to stop amp 8216 leakage amp 8217 of ships and tonnage and to strengthen the competitiveness of the Greek seafarers, reports Safety4Sea. Steps to modernise institutional framework  According to the Greek Shipping Ministry, the governme....

Mfame Published 3y-3mo-3w-4d-11h-23m ago

Shell and ITF Corporate in Partnership

Royal Dutch Shell joined forces with the International Transport Forum’s ITF Corporate Partnership Board to work on sustainability, decarbonization, innovative mobility and workforce diversity within the shipping industry, says an article published in Sea4sea. Working towards Greener Industry Ac....

Mfame Published 3y-3mo-3w-4d-23h-51m ago

Shell Partners With ITF To Work On Sustainability

Royal Dutch Shell joined forces with the International Transport Forum’s ITF Corporate Partnership Board to work on sustainability, decarbonization, innovative mobility and workforce diversity within the shipping industry, says an article published in Sea4sea. Working towards Greener Industry Ac....

Mfame Published 3y-3mo-3w-4d-23h-51m ago

Global Investors Call on UN To Protect Seafarers’ Welfare

A group of 85 institutional investors representing over $2 trillion in assets, joined forces calling on the United Nations to take further action to address the ongoing humanitarian crisis for seafarers brought on by the global restrictions enacted to control the coronavirus, reports the Maritime Ex....

Mfame Published 3y-3mo-3w-5d-16m ago

Unplanned ROV Maintenance Leads To Crew Injury

In the latest version of safety events, IMCA has described a case where a crewmember broke his finger during ROV maintenance. The incident A worker broke his finger whilst working on an ROV. The incident occurred during ROV maintenance when he was single handedly removing a bumper bar located above ....

Mfame Published 3y-3mo-3w-5d-1h-18m ago

Chevron Lubricants Help Run Engines Despite VLSFO Setbacks

Chevron Marine Lubricants, in their press release, sum up how they helped their customers identify and manage a distinctive engine condition challenge associated with the widespread switch to low sulphur fuels. Scuffing due to fuel switch Some ship owners using very low sulphur fuel oil VLSFO have....

Mfame Published 3y-3mo-3w-5d-1h-38m ago

Suppliers in Fujairah Hesitant About Qatari Demand Rebound

Marine fuel traders in the Middle East amp 8217 s main bunkering centre — Fujairah in the UAE — are uncertain about a demand boost. This mainly due to the UAE amp 8217 s decision last week to open sea, land and air borders with Qatar. Vessels of state owned Qatargas were major buyers of bunker....

Mfame Published 3y-3mo-3w-5d-2h-21m ago

Singapore Attains Higher Sales in Bunker, Despite Lesser Vessels

Total bunker sales in Singapore for 2020 rose 5% year on year to 49.83 million mt. 13 by Singapore amp 8217 s Maritime and Port Authority showed. This represents the second highest volume of sales that the world amp 8217 s largest bunkering destination has notched up since 2017, when sales posted ....

Mfame Published 3y-3mo-3w-5d-2h-39m ago

New Ventilation Guide On Bulk Carrier Ventilation

Proper ventilation is essential to preventing damage to the cargo and to ensure the safety of the crew and vessel in bulk carriers. To provide ship’s masters and crew with an understanding of different ventilation requirements for bulk cargoes, INTERCARGO, The Standard Club and DNV GL, the world....

Mfame Published 3y-3mo-3w-5d-4h-28m ago

Why Electronic Bills of Lading Should Ensure Interoperability?

Regulators should adopt common format for eBOLs, says an article published on Freight Waves. The Digital Container Shipping Association The Digital Container Shipping Association DCSA , a nonprofit formed in 2019, has been at the forefront of helping the ocean vessel sector pivot from paper to digi....

Mfame Published 3y-3mo-3w-5d-4h-28m ago

China, Hong Kong Stocks Climb Indicating Economic Recovery

According to a recent Reuters report, China and Hong Kong shares climbed on Monday, as investors cheered better than expected gross domestic product data GDP pointing to a solid recovery in the world’s second largest economy. The CSI300 index rose 0.8% to 5,504.17 by the end of the morning sessi....

Mfame Published 3y-3mo-3w-5d-8h-58m ago

Proactive Vs Reactive – The Way Out for Shipping Companies from Cyber Attacks

2020 has put maritime organisations in the firing line for cyber attacks, and they can no longer afford to bury their head in the sand and to counter this Lloyd amp 8217 s Register spoke to Nettitude’s Tim Percival who discusses what actions needs to be taken to stay ahead of this rising tide in ....

Mfame Published 3y-3mo-3w-5d-9h-25m ago

MSC Joined Hydrogen Council Vowing To Accelerate R&D

Joining global shipping giants like NYK and CMA CGM, number two ocean carrier MSC has recently joined the Hydrogen Council. MSC joined as a steering member, vowing to accelerate R amp 38 D on clean hydrogen derived fuels, says an article published in The maritime executive. Other big names that are....

Mfame Published 3y-3mo-3w-5d-10h-6m ago

Cargo Ship Splits Into Two & Sinks, 3 Dead

According to Turkish authorities, a cargo ship sank off Turkey amp 8217 s Black Sea coast leaving at least 3 people dead, reports ABCNews. What happened A cargo ship sank off Turkey amp 8217 s Black Sea coast on Sunday, leaving at least three people dead and six others were rescued. The transport....

Mfame Published 3y-3mo-3w-5d-11h-15m ago

97 Incidents of Piracy and Armed Robbery Reported in 2020

As piracy remains a hot topic of discussion and a challenging issue for the shipping industry, ReCAAP ISC launches its annual report for 2020. It reports 97 incidents in Asia, which reveals a 17% increase year on year. According to the report, there was an increase of piracy incidents the year that ....

Mfame Published 3y-3mo-3w-5d-11h-18m ago

Revised IMSBC Code for Bauxite Cargoes Mandatory

A need to draw a distinction in the IMSBC Code between bauxite cargoes that liquefy, those that do not, led to the development of a new cargo schedule for bauxite fines in the Code. January 2015, the vessel BULK JUPITER, carrying bauxite, sank off Vietnam taking the lives of 18 seafarers. At that ti....

Mfame Published 3y-3mo-3w-5d-13h-31m ago

How Skilled Seafarers Contribute To Cost Efficiency?

The leading international catering manager and training provider MCTC suggests that, effective training programmes are the key to help ship operators and owners to generate cost efficiencies within their business, says an article published in Ship Insight. Quality Training The company which offers c....

Mfame Published 3y-3mo-3w-5d-23h-17m ago

MCTC Offers Leading International Catering Services and Trainings

The leading international catering manager and training provider MCTC suggests that, Effective training programmes are the key to help ship operators and owners to generate cost efficiencies within their business, says an article published in Ship Insight. Quality Training The company which offers c....

Mfame Published 3y-3mo-3w-5d-23h-17m ago

Cargo Ship Makes ‘First Call’ on New MARAD Marine Highway

The new M 10 Marine Highway Jones Act service gives the South Florida market ready shipping access to Puerto Rico. The new service avoids trunk road shipments over Jaxport, and offers an alternative to trucking between South Florida and Houston. Port Everglades has welcomed the first cargo ship to....

Mfame Published 3y-3mo-3w-6d-2h-34m ago

INTERTANKO Updates Crew Welfare & Mental Wellness Guidance

INTERTANKO has recently updated its recommendatory guidance, Crew Welfare Management and Mental Wellness, reports the American Club. Guidance to deal with stress The updated guidance includes advice on helping seafarers to deal with emotional stress and overcome negative feelings. Additional guidanc....

Mfame Published 3y-3mo-3w-6d-3h-5m ago

Singapore’s Maritime Industry Comes Out On Top Despite COVID-19 Hurdles

 The Port of Singapore has performed well despite the challenges posed by the global coronavirus pandemic, and is on track to achieve its targets around maritime decarbonization while also promoting digitalization and enhancing inter modal connectivity, Chee Hong Tat, Senior Minister of State, Mini....

Mfame Published 3y-3mo-3w-6d-6h-36m ago

Class NK Certification for Kawasaki Integrated Maritime Solutions

Leading Classification Society ClassNK certified “Kawasaki Integrated Maritime Solutions”. It is jointly developed by Kawasaki Kisen Kaisha, Ltd. “K” LINE and Kawasaki Heavy Industries Group. Also its first Innovation Endorsement*1 for Products amp 38 Solutions, the Society’s new cert....

Mfame Published 3y-3mo-3w-6d-6h-49m ago

Oceaneering Makes A Generous Donation To Global Ocean

US based ocean science nonprofit Global Oceans, has acquired, via a donation from Oceaneering, three deep sea exploration vehicles rated to 6000 meters of operational depth, reports Offshore Engineer. About the donation  The donation includes the Magellan 725 ROV, the Ocean Discovery ROV, and the O....

Mfame Published 3y-3mo-3w-6d-8h-39m ago

Carriers ‘Booking Stops’ Remedy for Container Shortage Increases Rates

According to a LoadStar article by Mike Wackett, carriers are imposing booking stops around Europe, as well as tightening the time allowed to pick up equipment prior to vessel departure dates. The moves come as exporters from North Europe to Asia continue to struggle to secure equipment and vessel s....

Mfame Published 3y-3mo-3w-6d-9h-20m ago

Maersk Eyes Improved Flow of Goods in Land and Sea

Demand for ocean shipping services is likely to remain unusually high. Supply will remain tight for some time as shippers and carriers adapt to shifts in supply chains driven by the coronavirus pandemic. Manufacturers have boosted output as their customers in the rest of the world rebuild inventorie....

Mfame Published 3y-3mo-3w-6d-9h-31m ago

Asia-Europe Rates To Go Below $10,000 Over Forwarders Bidding War

According to a LoadStar article written by Mike Wackett, major forwarders are engaged in fierce bidding wars in China, in order to secure equipment and space to North Europe. And several carriers are reported to have opened first and second round tenders with the highest bidders for guaranteed ship....

Mfame Published 3y-3mo-3w-6d-9h-52m ago

Scorpio Tankers Updates its Financial Activities

Scorpio Tankers Inc. announced today that it has received a commitment to sell and leaseback three MR product tankers. The three tankers are STI Memphis, STI Soho, and STI Osceola and one LR2 product tanker STI Lombard to AVIC International Leasing Co., Ltd. Upon completion. The Company’s li....

Mfame Published 3y-3mo-3w-6d-10h-17m ago

Maersk Extends Partnership With The Ocean Cleanup

A.P. Moller Maersk, an integrated container logistics company and The Ocean Cleanup comes into a new 3 year partnership as extending their relationship, says a press release published on their website. Extended Support Besides Maersk Supply Service support with vessel operations and offshore projec....

Mfame Published 3y-3mo-3w-6d-12h-9m ago

LNG Congestions at Panama Canal Could Last Until March

The Congestion delaying LNG shipments through Panama Canal is expected to last through the peak demand winter months, although the canal’s regulator said that the traders close to the situation had made changes to speed up transit, reports Reuters. High price rates The price of liquefied natural g....

Mfame Published 3y-3mo-3w-6d-12h-52m ago

Singapore Fuel Oil Inventories Slip Amid Rare Exports

Singapore amp 8217 s residual fuel oil inventories slipped 0.1 per cent in the week to June 24, inching away from a more than three year high hit the week before. Singapore’s residual fuel oil inventories fell 1% in the week ended Jan. 13, reflecting a slight decrease in net import volumes and st....

Mfame Published 3y-3mo-3w-6d-21h-26m ago

Euronav Joins Neptune Declaration for Seafarer Wellbeing

A new Global Maritime Forum task force to tackle the ongoing crewing crisis has secured Euronav as a signatory, reports Lloyd amp 8217 s List. Neptune Declaration on Seafarer Wellbeing and Crew Change Euronav has become a signatory to the Neptune Declaration on Seafarer Wellbeing and Crew Change, w....

Mfame Published 3y-3mo-3w-6d-22h-26m ago

Shell Unit Tops Singapore Bunker Supplier List

Global energy major Shell has been named as Singapore amp 8217 s top bunker supplier by volume in 2020. The demise of Hin Leong subsidiary Ocean Bunkering Services appearing to benefit a number of the largest global oil firms. Shell’s Singapore bunkering unit, Shell Eastern Trading Pte Ltd, becam....

Mfame Published 3y-3mo-3w-6d-22h-43m ago

Maersk Refutes IT Failure Being Another Cyber-attack

Maersk has denied that a communication failure today was a new cyber attack. The employees are experiencing issues with logging on to the central IT network and the service centers. The provider believes they have identified and fixed the issue and, currently recovering globally. Maersk has denied t....

Mfame Published 3y-3mo-3w-6d-23h ago

Piracy & Armed Robbery Report 2021

Live Piracy amp 38 Armed Robbery Report 2021 published on icc ccs website. Pointe Noire North Anchorage, The Congo Date and time Incident Received by PRC : 2021 01 04 Attack Number: 001 21 Type of Attack : Boarded Type of Vessel : Container Attack Posn Map : Location detail: Pointe Noire North An....

Mfame Published 3y-3mo-4w-1d-10h-8m ago

Ship Owners Tempted To Take Advantage of the Strong Offer Demolition Prices

According to Clasrksons, scrapping activity to be driven this year by the accelerating ‘green transition’, says an article published in Splash 247. Jumping prices A busy start to the year, led principally by eager Bangladeshi yards, has seen prices jump above $450 per ldt with many owners now ac....

Mfame Published 3y-3mo-4w-1d-10h-34m ago

[Watch] Capsized Cargo Ship Leaks Petroleum Amid Salvage Operations

It took a year to plan, but the salvage efforts started in earnest in November 2020. The first massive chunk was cut off of the ship and schlepped to shore, but it took until January 2 to get the stern separated and removed as operations continue. The crew is preparing to slice the next section am....

Mfame Published 3y-3mo-4w-1d-22h-54m ago

Pandemic Leads To Luxury Liners Queuing Up At Alang Shipbreaking Yard

In the last 50 days, three luxury liners have queued up at Alang to be broken, reports The Indian Express. Alang Shipbreaking Yard The Alang Shipbreaking Yard in Bhavnagar district of Gujarat is often seen a mirror of the global economy. When the economy is robust and ships sail, the yard sees a slu....

Mfame Published 3y-3mo-4w-2d-4h-13m ago

KBRA Research Reveals The Positive Effect Of The Pandemic On The Shipping Industry

Kroll Bond Rating Agency KBRA continues to engage with its rated issuers in the shipping space as the industry rides the waves of COVID 19, reports Business Wire.  Growth in demand  Despite the impact of the pandemic on the general economy, KBRA notes a favorable trend for the container shipping....

Mfame Published 3y-3mo-4w-2d-4h-29m ago

IAPH & Green Award Foundation Up ESI To Next Stage

IAPH signs an agreement with the Rotterdam based Green Award Foundation to administer and expand the formula based Environmental Ship Index ESI . It allows port authorities and maritime administrations to reward vessels for improved energy efficiency and reduced emissions. The agreement is to take ....

Mfame Published 3y-3mo-4w-2d-8h-38m ago

ONE With 2 New Direct Services from North Europe

Ocean Network Express ONE is pleased to announce two new direct services from North Europe to the East Med Levant and Marmara regions. The North Europe East Mediterranean Express NEX and North Europe Turkey Express NTX , is the first direct services between two regions in ONE’s network. The n....

Mfame Published 3y-3mo-4w-2d-9h-17m ago

Insurers Raising Rates for Ships Taking the Red Sea Route After Attacks

According to a Reuters report, Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, industry sources said. More Attacks Likely in the Future The possibility of more attacks on comme....

Mfame Published 3y-3mo-4w-2d-9h-26m ago

High Hopes on Dry Bulk Trade in 2021, As Chinese Imports Dominate

Overall, total tonnes transported by the dry bulk shipping industry fell by 1.3% to 5.49 billion tonnes, from 5.56b in 2019. It is however still higher than the 5.46b tonnes shipped in 2018. China cements its position as the dominant player in dry bulk shipping with its imports now accounting for ju....

Mfame Published 3y-3mo-4w-2d-10h-7m ago

Maersk Witnesses Scant Relief in Congested Supply Chains

With little excess shipping capacity amid high demand, there is scant relief on the horizon in congested supply chains, reports the Wall Street Journal. Demand to stay at the top Demand for ocean shipping services is likely to remain unusually high and supply will remain tight for some time as shipp....

Mfame Published 3y-3mo-4w-2d-18h-24m ago

Shipping Sector Succumbs To Cyber Threats With Malicious E-mails

Dryad and cyber partners RedSkyAlliance monitor attempted attacks within the maritime sector, reports Safety4sea. They examine how email is used to deceive the recipient and potentially expose the target organizations. The following update regards the first week of January 2021. Users enticed using ....

Mfame Published 3y-3mo-4w-2d-18h-47m ago

Global Economy Crises To Crumble Amid Surging Shipping Rates

Supply chains are getting hit again by curbs to control virus. Chinese new year holidays, strong demand adding to the crunch. Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade led recovery just as soaring freight ....

Mfame Published 3y-3mo-4w-2d-20h-14m ago

[Watch] World’s First Vessel With Tilting Rotors Arrives In Rotterdam

The SC Connector arrived at Matrans Rotterdam Terminal in Eemhaven on Tuesday, 12 January, at 7:00 am, reads a press release by Port of Rotterdam. Modern sailing ship Last year, this vessel from shipping company Sea Cargo was converted into a modern sailing ship. On behalf of Sea Cargo, it is deploy....

Mfame Published 3y-3mo-4w-2d-20h-52m ago

Total Acquires Leading Biogas Producer in Green Push

French energy company Total amp 8217 s acquisition of a major biogas producer in the country will help boost its ability to supply bio LNG as a marine fuel, reports Ship amp 38 Bunker. LNG for maritime decarbonization On Monday, Total announced the acquisition of Fonroche Biogaz, the largest pro....

Mfame Published 3y-3mo-4w-2d-21h-9m ago

Scrubber Repair Industry To Bloom With Rising Demand

After the rapid growth in scrubber installations in the years before 2020, the industry providing repairs to the emissions cleaning systems is starting to expand. US based Logan Industries announced this week that it would now offer scrubber overboard pipe repairs from its facility in Hempstead,....

Mfame Published 3y-4mo-4h-38m ago

ABB & Hyundai Sign A High Turbocharging Service Deal

A new agreement between ABB Turbocharging, HGS and Hyundai Heavy Industries’ Engine amp 38 Machinery Division HHI EMD has established a ‘total service solution’. The main purpose of this total service solution is for ABB and Hyundai customers, delivering optimal efficiency and emissions p....

Mfame Published 3y-4mo-4h-48m ago

Seafarer Explains What Goes Into the Making of A Seafarer

Gard explores the modern day training regime of seafarers with Oliver Bailey, a 25 year old on his way to be a Deck Officer. Let amp 8217 s take a look at his insights of seafarers amp 8217 training.  For what could be better than knowing it from a seafarer himself.  The Life At Sea For the pas....

Mfame Published 3y-4mo-9h-11m ago

Angry Clients Question Shipping Line Reliability & Accountability As Rates Pile Up

Shipping lines are facing increasingly angry customers as rates continue to soar and service levels plunge. Many are noting their frustrations on LinkedIn as the debate over whether carriers are profiteering rumbles on, reports the LoadStar. Is Reliability A Thing Of the Past In one typical example....

Mfame Published 3y-4mo-9h-31m ago

Scorpio Bulkers Announces Its $18.65m Vessel Sale

Scorpio Bulkers has sold an ultramax bulk carrier to an an unaffiliated third party, says a press release published on their website. The Vessel value Scorpio has sold the 2017 built ultramax SBI Libra, which has been on long term charter from Ocean Yield, to an unnamed third party with delivery sc....

Mfame Published 3y-4mo-9h-47m ago

Gard Issues Amendments To Rules 2021

This circular outlines the amendments to the Rules for P amp 38 I and Defence cover for ships and other floating structures “Rules for Ships” and the Rules for P amp 38 I and Defence cover for mobile offshore units “Rules for MOUs” for both Assuranceforeningen Gard – gjensidig – an....

Mfame Published 3y-4mo-9h-53m ago

[FAQ] Different Ship Types & Their Roles

Throughout history ship design has been dictated by the demands of trade and local conditions and available materials. Wood and sail have been the dominant choices through most of history until the 19th century when iron and steel replaced wood and mechanical power began to displace sail. There are ....

Mfame Published 3y-4mo-12h-44m ago

Following A 0.50% Sulfur Limit, Trident Alliance Wound Up in 2020

Emissions enforcement lobbying group the Trident Alliance was wound up at the end of 2020, a year after the 0.50% sulfur limit came into force. The organisation was wound up and its website shut down at the end of last year, Roger Strevens, formerly chairman of the Trident Alliance, has confirm....

Mfame Published 3y-4mo-13h-15m ago

UK Funds Project To Track Maritime Shipping Emissions

An initiative aiming to help track and reduce shipping amp 8217 s carbon emissions is among five projects recently awarded U.K. government funding through the country amp 8217 s Space Agency, reports Marine Link. Emission audits of shipping fleets The collaboration between Redshift Associates Ltd ....

Mfame Published 3y-4mo-23h-48m ago

Aon Launches Fuel Price Insurance To Help Shipping Risks

Insurance broker Aon has launched a new policy aimed at sectors for which fuel purchasing constitutes a significant cost, with major interest expected to come from shipping. The new policy enables to lock in an agreed price limit for bunker purchases  and which will pay out on a monthly basis if th....

Mfame Published 3y-4mo-1d-8m ago

Hapag Lloyd Makes A Switch To LNG

The Hapag Lloyd owned 15,000 TEU container ship, Sajir, is currently being upgraded to run on LNG liquefied natural gas instead of fuel oil. It is the first retrofit of this scale, reports Cyprus Shipping News. Singapore’s first LNG bunkering vessel According to the industry publication Ship am....

Mfame Published 3y-4mo-1d-4h-13m ago

Active Shipping Companies Working On the NSR

There are few Asian shipping companies and operators working on the Northern Sea Route compared to the number of European companies. Much more frequent voyages are also taking place between the NSR and European ports than ports in the Asian Pacific region, a new study by senior researcher Björn Gun....

Mfame Published 3y-4mo-1d-8h-36m ago

Oil Prices Fall Over New COVID Strain Lockdown & Stronger Dollar

According to a Reuters report, oil prices steadied on Monday after strong gains last week, as tough coronavirus lockdowns around the world renewed concerns about global fuel demand, while a stronger U.S. dollar also weighed on prices. Brent fell 33 cents to settle at $55.66 a barrel, after bouncing ....

Mfame Published 3y-4mo-1d-9h-22m ago

Newbuild Order Spike Probably Won’t Lead To Rate Relief

Q4 2020 container ship orders were the highest since Q3 2015, reports Freight Waves. A jump in newbuilding orders In virtually any ocean shipping market, a big jump in newbuilding orders is a headwind for future freight rates. More capacity spread among competing owners strengthens the negotiating h....

Mfame Published 3y-4mo-1d-9h-57m ago

[Answer] What are the Symptoms of Hypothermia?

The US Coast Guard explains which are the symptoms of hypothermia, highlighting that body heat can be lost 25x faster in cold water than in air, says an article published in safety4sea. What is Hypothermia USCG explains that frost nip, frost bite, and hypothermia are medical conditions associated w....

Mfame Published 3y-4mo-1d-10h-5m ago

Ship Repair is All About Fine Act of Financial Balancing

Shipowners have limited options to access financing for ship repair, given the capital intensive nature of vessel repairs also represents a financial risk for shipyards. Typically, a shipowner must fund the entire capital cost of vessel repairs from its own cash resources. Although it may in excepti....

Mfame Published 3y-4mo-1d-10h-7m ago

LNG Bunkering Supporters Top Amidst IBIA Association

Bunker industry association IBIA announces its list of candidates to join its board, including two strong supporters of LNG bunkering. Both Prokopakis and Rosenkrans are prominent advocates of LNG bunkering. They could be expected to bring this growing segment of marine fuel demand closer to IBIA a....

Mfame Published 3y-4mo-1d-10h-34m ago

Full PPE Required With Immediate Effect for Crew Changes, Says MPA

Crew change in Singapore port authority implements full Personal Protective Equipment requirement, says an article published in BIMCO website. MPA PPE announcement The Singapore Maritime Port Authority announced full personal protective equipment required with immediate effect, for personnel facilit....

Mfame Published 3y-4mo-1d-10h-43m ago

American Bunker Market Witness Spike in Spot Fuel Prices

Key ports throughout the Americas saw spot retail marine fuel pricing climb during the week January 4 8, with bunkers values tracking stronger US energy futures higher, reports Platts. Latin America Latin America bunker prices are starting the week supported by an energy complex that saw ICE Brent f....

Mfame Published 3y-4mo-1d-21h-34m ago

US Fuel Prices Hit An ‘Year High’ Amid Limited Supplies

USGC marine fuel reached its highest level in nearly a year January 7 on a rebound in the underlying crude complex along with limited blending components, reports Platts. US marine fuels climb high USGC marine fuel 0.5%S was assessed at $401/mt, its highest since February 25 when it was assessed at ....

Mfame Published 3y-4mo-1d-22h-3m ago

Shippers Embrace ‘Tough Times’ Amid Spiraling Bunker Surcharges

With the oil prices heading north again, ocean carriers are preparing to ramp up low sulphur fuel surcharges to add to the misery of shippers struggling with sky high freight rates, surcharges and premium fees, reports the Loadstar. Brent crude amp 38 HSFO prices take a hike The price of Brent cr....

Mfame Published 3y-4mo-1d-23h-9m ago

World’s Largest Shipbreaking Stretch Goes Green

Ship recycling plots in Alang beached 196 ships in calendar year 2020 for dismantling, benefiting from the green recycling policies of global ship owners for their end of life ships, reports the Hindu Business Line. In comparison, sub continent rivals Bangladesh beached 150 ships and Pakistan 95 shi....

Mfame Published 3y-4mo-2d-5h-19m ago

COSCO SHIPPING Energy Wins SDG Excellence Award 2020

COSCO SHIPPING Energy won the Excellence Award in SDG Solutions, says a press release published on their website. The excellence award  COSCO SHIPPING Energy won an excellence award with the LNG dual fuel VLCC cooperation project. About amp 8220 Golden Key SDG Solutions amp 8221   The launching....

Mfame Published 3y-4mo-2d-8h-32m ago

Singapore Maritime Port Authority Issues New Crew Change Procedure

The Singapore Maritime Port Authority has announced a new enhanced crew change procedure to be effective from January 8 which implements sea launch transfer, says an article published by BIMCO.  Singapore Shipping Association urges the industry to amp 8220 comply with COVID 19 Protocols amp 8221....

Mfame Published 3y-4mo-2d-9h-41m ago

JKM LNG Price at Six-year Highs

According to Price agency Platts, JKM LNG price has risen to record high, reports Reuters. LNG at six year high price The Japan Korea Marker JKM price for liquefied natural gas LNG assessed by S amp 38 P Global Platts has risen to a record high of $20.705 per million British thermal units mmBt....

Mfame Published 3y-4mo-2d-10h-27m ago

[Watch] Maersk Sets Dedicated Team for Its Decarbonization Efforts

According to a recent Maersk twitter post, Maersk is setting up a dedicated team to accelerate decarbonization efforts. Team for decarbonization efforts Danish shipping giant A.P. Moller Maersk announced it is setting up a dedicated team to accelerate decarbonization efforts, both of its own and of ....

Mfame Published 3y-4mo-2d-10h-42m ago

Weekly Bulk Report – Week 1, 2021

The Baltic Briefing has released a report about the dry bulk market for the 01st week of shipping activities of this year. The report dated 08th January 2021 highlights the plight of the dry bulk market at the on sight of the 01st week. Capesize The market surprised many this week after sparking int....

Mfame Published 3y-4mo-2d-11h-1m ago

Hot Sludge Splash Causes Fatal Injury of Engineer Onboard

The Britannia P amp 38 I Club analyzes a fire incident as part of its BSafe campaign. A third engineer onboard an anchored capesize bulk carrier was splashed by hot sludge while opening the manhole cover of a settling tank and subsequently died from a septic shock having sustained 2nd degree burns ....

Mfame Published 3y-4mo-2d-20h-11m ago

Ship Owners Bewildered by Deadlines To Use Less-polluting Fuels

Ship owners facing looming deadlines to use less polluting fuels have slashed the number of new vessels on order as they don’t know which alternative to switch to. Ammonia, hydrogen, biofuels and electrification are some of the many contenders to power the world’s future merchant fleet. But most....

Mfame Published 3y-4mo-2d-21h-10m ago

‘Cold Spell’ Across Northeast Asia Push LNG Prices To Record Highs

As an early winter chill grips China, South Korea and Japan, prices for coal, liquefied natural gas LNG and power are rising due to supply crunches and a surge in demand with more cold weather expected, reports Argus Media. LNG prices hit 6 year highs Chinese benchmark coal is at the highest in ei....

Mfame Published 3y-4mo-2d-23h-26m ago

Schulte Groups Upgrades It’s Hospitality Software On Acquiring Resco

The Schulte Group has acquired Rescompany Systems Resco , a provider of advanced hospitality software to the cruise industry, reports Riviera. MariApps Marine Solutions Resco will now partner with MariApps Marine Solutions – a Schulte Group member – to offer the cruise sector a range of maritim....

Mfame Published 3y-4mo-3d-5h-18m ago

The New Initiatives Undertaken By The Shipping Industry To Help With Decarbonization

It’s the moment climate finance professionals live for: when an idea — an initiative — is turned into real world action by real world actors. A year after the Poseidon Principles were signed, 15 banking signatories last month disclosed their ship loan portfolios’ climate alignment scores fo....

Mfame Published 3y-4mo-3d-6h-48m ago

Crude Oil Production Cut Down Slows Down Tanker Recover To Second Half

According to a Freight Waves article written by their Senior Editor Greg Miller, Analysts have warned that the tanker recovery will be  a distant dream  as rates are unlikely to recover before the second half of the year over crude oil production cut down  “It feels a bit like someone stole our....

Mfame Published 3y-4mo-3d-8h-56m ago

[Watch] Seafarer Facing COVID Violation Charges for Swimming To Port from Ship

A seafarer is facing charges for violating covid rules and swimming at the port from a bulk carrier ship, reports the Daily Mail UK. What happened A Vietnamese man, 37, has been charged with breaching quarantine directions.  The man was a crew member on a bulk carrier berthed at Albany Port, in WA....

Mfame Published 3y-4mo-3d-9h-2m ago

Scorpio Bulkers Announces Its $22.25m Vessel Sale Deal

Scorpio Bulkers Inc. has announces the sale of a Kamsarmax vessel, says a press release published in their website. Sale of vessel Scorpio Bulkers Inc. NYSE: SALT the “Company” announced that the company has entered into an agreement with an unaffiliated third party to sell the SBI Lynx, a K....

Mfame Published 3y-4mo-3d-9h-37m ago

Avenir LNG Launches Its Third Bunkering Vessel

Avenir LNG Limited launches its third 7,500 cbm dual purpose, LNG supply and bunkering vessel, says a press release published on their website.  Launch of 3rd vessel Avenir LNG Limited NOTC: AVENIR announces the launching of its third 7,500 cbm dual purpose, liquefied natural gas supply and bunke....

Mfame Published 3y-4mo-3d-9h-50m ago

For Steady Future LNG Need To Ensure De-carbonization

A large box must be ticked before LNG can be considered a cornerstone of the 21st century energy basket – and that is its de carbonization. LNG has fairly been heralded as a coveted jigsaw piece in the global energy transition. An energy market to bridge the traditional fossil fuel industry of the....

Mfame Published 3y-4mo-3d-10h-30m ago

LNG Needs To Ensure De-carbonization for Better Future

A large box must be ticked before LNG can be considered a cornerstone of the 21st century energy basket – and that is its de carbonization. LNG has fairly been heralded as a coveted jigsaw piece in the global energy transition. An energy market to bridge the traditional fossil fuel industry of the....

Mfame Published 3y-4mo-3d-10h-30m ago

MOL, Bombora Focus on Wave Energy Opportunities

MOL has entered into an agreement with Bombora to identify Marine energy potential across Japan, says a press release published on their website. About the collaboration Internal technical review  MOL has completed an internal technical review of Bombora’s mWave, which is a wave energy converter.....

Mfame Published 3y-4mo-3d-10h-35m ago

Baltic Exchange Hits Highest Index in Nearly 3 Months

Baltic Exchange’s main sea freight index jumped 11% on Friday as high Chinese coal demand drove up capesize rates, reports Baltic NewsDesk. Coal demand and Capesize rates The Baltic Exchange’s main sea freight index jumped about 11% to its highest in nearly three months on Friday as high Chinese....

Mfame Published 3y-4mo-3d-23h-27m ago

HMD Bags AiP for LNG Carrier With Prismatic IMO Type-B Tank

The Korean Register KR has awarded Approval In Principle AIP for an LNG carrier with a prismatic IMO type B tank built by Hyundai Mipo Dockyard. The ship is a small to medium sized LNG carrier with a B type cargo tank developed as a result of a technical collaboration project between KR and HMD.....

Mfame Published 3y-4mo-4d-57m ago

MISC Bags Delivery of Second VLEC

MISC Berhad has taken delivery of Seri Erlang, its second very large ethane carrier VLEC at the Samsung Heavy Industries SHI shipyard. Seri Erlang will join its sister vessel, Seri Everest, to transport ethane from the U.S. to China to support STL’s ethane cracker facility in China. Seri Erlan....

Mfame Published 3y-4mo-4d-1h-31m ago

Christmas On Board The Royal Caribbean Cruise

Merry Christmas! While most of us are unable to be on a Royal Caribbean cruise this year, the author wanted to share a look at some of the Christmas fun aboard the only cruise ship in the fleet sailing right now, reports Royal Caribbean Blog. Special Christmas cocktails Quantum of the Seas is sailin....

Mfame Published 3y-4mo-5d-9h-24m ago

The 15-year Search for The Mahogany Ship

Did a 16th century Portuguese vessel run aground here Doubtful, but why not celebrate it anyhow The afternoon is overcast, the ocean churning, between Port Fairy and Warrnambool, on the Shipwreck Coast of Victoria, Australia. A man and woman carry shovels and a metal detector along the beach. I as....

Mfame Published 3y-4mo-5d-9h-29m ago

Comply With COVID-19 Protocols, Urges Singapore Shipping Association

Singapore Shipping Association urges the industry to comply with Covid 19 protocols, says an article published on BIMCO website. Industry under spotlight COVID 19 transmissions  Crew change facilitation has come in the spotlight of the Singapore Ministry of Health, following cases of COVID 19 trans....

Mfame Published 3y-4mo-5d-9h-53m ago

Q&A: Role of Scrubber Technologies In Green Shipping

The shipping industry facilitates much of the world’s trade but also contributes significantly to global emissions. Ship Technology spoke with Daphne Technology’s CEO Mario Michan about how innovations in scrubber technologies could play a huge role in decarbonising shipping, and how future proo....

Mfame Published 3y-4mo-5d-10h-43m ago

Leading Oil Trader Teams Up With Singapore Fund Manager for Energy Projects

As per the report article published in Marine Link, Trading house Mercuria and Singapore based asset manager Envysion Wealth Management, have agreed to co invest in mining and energy projects, for a commodity investment to balance the default tights made up by banks. The deal The deal, signed on Wed....

Mfame Published 3y-4mo-5d-11h-24m ago

Cruise Industry Progressing Towards Cleaner & Greener 2050

According to a new poll from Mundy Cruising, Luxury cruise customers believe the sector is making progress towards a sustainable future reports Travel Weekly. Survey results The below findings were the latest from the agency’s Cruise Expert Panel, launched in October to coincide with the company....

Mfame Published 3y-4mo-6d-8h-35m ago

Cruise Ships Invest in Various Features To Attract Passengers

In recent years, cruise lines have done much to reshape the sailing experience: exploring partnerships with star level chefs to elevate the food. As result they are investing heavily in luxury spa and wellness programs, and even revamping entertainment to include live DJs and drag brunches on boar....

Mfame Published 3y-4mo-6d-8h-42m ago

Carnival’s Next Largest Ship To Run On LNG

Mardi Gras, Carnival Cruise Lines’s largest “Fun Ship” ever, is ready to set sail. Of course, it will be months before even the first traveler steps on board. Questions abound as to when the Centers for Disease Control and Prevention will lift its no sail orders and allow ships to resume oper....

Mfame Published 3y-4mo-6d-9h-4m ago

Container Shipping Growth In 2020 Not the Best

Growth in the global container fleet has dropped to the slowest pace in four years, according to shipping intelligence service Alphaliner. The global fleet saw growth of 2.9% last year, rising to 23.9 million TEU, Alphaliner said in an emailed note Wednesday. That compares with growth of 4% i....

Mfame Published 3y-4mo-6d-10h-12m ago

DAMEN Rejuvenates Seven CMA CGM Vessels

Damen Shiprepair and Conversion DSC recently carried out a series of works on 7 CMA CGM owned vessels, says a press release published on their website. About the project The projects took place between June and December last year at Damen Shiprepair Amsterdam DSAm in the Netherlands and Damen Sh....

Mfame Published 3y-4mo-6d-11h-11m ago

JMU Hands Over Third SmartShip To Wan Hai

Japan Marine United has delivered a new 3,055 TEU container ship to Wan Hai Lines as the third in an eight ship series, says an article published in ShipInsight. About The New Container Ship The newly developed 3,055teu container ships can carry containers with a maximum of 12 rows x 6 tiers in the ....

Mfame Published 3y-4mo-6d-11h-51m ago

Tanker Market Hits A Shaky H2 2021 With COVID Resurgence

Fundamentals point to slow recovery in freight rates Slower inventory stock draws to dampen tanker demand Marine bunker spreads to provide little support to scrubber installations Tanker markets are facing a tough first half of the year, with crude oil demand forecasts for 2021 reflecting further do....

Mfame Published 3y-4mo-6d-20h-19m ago

Wilson Sons To Kickstart Building of 6 New Tugboats

From the first quarter of 2021, Wilson Sons will start the construction of six tugboats, at the Group’s shipyards in Guarujá SP , reports Sea News. Addition to the largest fleet in Brazil The new vessels will be added to the Company’s fleet, the largest in Brazil, with 80 tugboats, spread acro....

Mfame Published 3y-4mo-6d-22h-8m ago

How Shipping Lines Are Dealing With Empty Container Congestion at Ports

Ocean shipping lines are deploying sweeper and extra loader vessels to Australia, at a high financial cost, to help clear the empty container build up, reports Shipping Australia Limited.  The willingness of shipping lines to make direct cost outlays and forego revenue to reduce the empty container....

Mfame Published 3y-4mo-1w-4h-35m ago

Singapore To Strengthen Its LNG Supply, Attracts Suppliers

Singapore is seeking to attract more LNG bunker suppliers to expand supply of the alternative marine fuel. The Singapore government brings in one of the managers of LNG bunker supplier FueLNG to help develop its technical standards for bunkering gas powered ships. According to a recent news report ....

Mfame Published 3y-4mo-1w-4h-56m ago

The Potential for Biodiesel As a Marine Fuel

As the industry looks to prove the technical feasibility and commercial viability of fuels like ammonia, hydrogen and methanol – and ensure the safe application of electro fuels – biodiesel is another option becoming more readily available that could provide short term emission reductions, repor....

Mfame Published 3y-4mo-1w-5h-10m ago

ClassNK Releases Guideline for LNG Bunkering Ships

ClassNK releases guidelines for Survey and Facilities/Equipment of LNG Bunkering Ships, says a press release published on their website. Guideline outline ClassNK in its publication released its Guideline for Survey and Facilities/Equipment of LNG Bunkering Ships, outlining the additional safety req....

Mfame Published 3y-4mo-1w-8h-58m ago

High Shipping Rates To Continue Despite New Lockdowns, Says Maersk

High shipping rates are set to continue for at least several weeks, despite new coronavirus lockdowns in Europe, boosted by demand for furniture, exercise equipment and home improvement goods, shipping group Maersk said on Wednesday. A surge in demand from shoppers sheltering at home in a worsening ....

Mfame Published 3y-4mo-1w-9h-56m ago

A Glimpse of How ETS Functions To Fight Climate Change

Europe’s emission trading system ETS is amp 8216 a cornerstone of the EU’s policy to combat climate change amp 8217 according to the European Commission EC . It operates in all EU countries plus Iceland, Liechtenstein and Norway. It is intended to limit emissions from heavy energy using i....

Mfame Published 3y-4mo-1w-10h-3m ago

Bunker Sales in Panama Fell by 19.2% in November 2020

According to Panama Maritime Authority PMA , bunker sales in Panama fell by about 19.2% on year in November 2020, says an article published in Manifold Times. Fall in bunker sales Following several months of continued growth, bunker sales in Panama fell sharply in November 2020. According to the la....

Mfame Published 3y-4mo-1w-10h-49m ago

Petronas To Resume Oil Production in Q3

Malaysia amp 8217 s Petronas says it expects to resume full production at its Baram facilities in the third quarter after halting output in October, reports Reuters. Firm halted after accident Malaysia’s state energy firm Petronas said on Monday it expects to resume full production at its Baram f....

Mfame Published 3y-4mo-1w-11h-46m ago

Grimaldi Group Adds Eco-friendly Vessels To Cut Emissions

Shipping company Grimaldi Group is seeking to cut its bunker consumption and emissions as it adds new eco friendly vessels to its fleet, reports Ship amp 38 Bunker. Delivery of zero emission vessel The company has taken delivery of the ro ro ship Eco Barcelona. The ship is equipped with batteries....

Mfame Published 3y-4mo-1w-22h-37m ago

Abandoned Ship To Turn Into ‘Floating Restaurant’

The government of Andhra Pradesh of India has set in motion efforts to convert MV Maa, to a floating restaurant. The ship was abandoned in Andhra Pradesh following denial of permission to refloat and tow it to a dry dock. Indian state Andhra Pradesh government has set in motion efforts to convert MV....

Mfame Published 3y-4mo-1w-1d-1m ago

[Watch] Stena Line’s Newest Ropax Ship Arrives in Belfast

Stena Line amp 8217 s brand new Stena Embla ferry has arrived in Belfast, reports Port News. Stena Embla joins the Liverpool route Stena Embla is the third E Flexer ferry to be commissioned for Stena Line’s Irish Sea routes in the last 12 months, three of the most modern ferries in the world. Ste....

Mfame Published 3y-4mo-1w-1d-4h-58m ago

What’s in Store for Shipping Industry in 2021?

There has been plenty of advice on how to recognise weaknesses in systems onshore and onboard and also on how to react. There will doubtless be much more advice to come as the cyber criminals always manage to be one jump ahead of their victims. The bigger problem is that there is only a requirement ....

Mfame Published 3y-4mo-1w-1d-5h-2m ago

LSFO Demand To Increase As Global Economies Regain

According to a Platts report, Asian low sulfur marine fuel market is expected to witness gradual yet steady incremental demand growth in 2021, with sales likely to top pre pandemic levels going into the second quarter of the year. LSFO Demand Increase Expected amp 8220 Economic activities will rec....

Mfame Published 3y-4mo-1w-1d-5h-23m ago

Innocent Lives Lost Due To Lockdown Isolation On Cruise Ships

Confined mostly to tiny cabins as the pandemic unfolded, crew members struggled to cope, writes Austin Carr. Jozsef Szaller At first, Jozsef Szaller’s crewmates didn’t think much of his absence. Szaller, after all, usually skipped going to dinner on the Carnival Breeze, the cruise ship where the....

Mfame Published 3y-4mo-1w-1d-8h-42m ago

[Answer] How Ships Should Navigate Through Dangerous Marine Fauna?

Marine fauna poses a grave danger for shippers and as such they need to acquire the skills of navigating through them. Keeping that in mind, the Gard has published a detailed guideline how to master this.  Impact of Marine Fauna on Shipping While shipping traffic is one of many human activities in ....

Mfame Published 3y-4mo-1w-1d-9h-52m ago

Singapore Gets Its First LNG Bunkering Vessel

Keppel Offshore amp 38 Marine Ltd Keppel O amp 38 M has delivered Singapore’s first Liquefied Natural Gas LNG bunkering vessel, FueLNG Bellina, to FueLNG with a perfect safety record, says a press release published on their website. The second LNG bunkering vessel LBV FueLNG Bellina is th....

Mfame Published 3y-4mo-1w-1d-10h-23m ago

Elevated Dry Bulk Demand Pushes Baltic Index Up By 44 Points

The Baltic Exchange amp 8217 s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Tuesday to its highest level since mid October last year, reports Reuters. Gains extended The Baltic Exchange amp 8217 s main sea freight index, climbed on Tuesday to its high....

Mfame Published 3y-4mo-1w-1d-10h-57m ago

Shipping Sector Reels Under Cybersecurity Threats in 2021

amp 160 A new report warns of increasing cybersecurity threats to the maritime industry. The Global Maritime Consultants Group’s GMCG Marine Cyber Security white paper, published on December 24, warns of cyber attacks. It may originate via email, denial of service, impersonation or various ot....

Mfame Published 3y-4mo-1w-1d-13h-54m ago

Cyprus Shipping Condemns Piracy Crisis in GoG

The Cyprus Shipping Chamber CSC expressed its concern over the continuing piracy at the Gulf of Guinea, stressing that despite the efforts being made by the whole industry the situation remains dangerous for ships sailing there, reports Seatrade Maritime News. Specifically, in a statement CSC expr....

Mfame Published 3y-4mo-1w-1d-20h-14m ago

IMO Denounces “No Crew Change” Clauses in Charterparties

IMO secretary general Kitack Lim, in an IMO release, has spoken out against ’no crew change’ clauses in charter parties. He has pointed out that such clauses contribute to the ongoing seafarer crew change crisis and undermine the efforts undertaken to resolve the problem. Demand for amp 8216 n....

Mfame Published 3y-4mo-1w-1d-21h-35m ago

Drewry Highlights the Impact of Congestion on Port Industry

Drewry has published a report to demystify the current situation of port congestions and explore its possible impact on the port sector valuation. Supply chains generally tend to be well orchestrated for moving goods across global networks. Any short term disruption can lead to bottlenecks as is the....

Mfame Published 3y-4mo-1w-2d-4h-21m ago

Cargo Shipper Files For A $100 Million US IPO

ZIM Integrated Shipping Services, an Israeli container shipping company with over 320K TEU capacity, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering, reports an article published on Nasdaq. Niche markets The company states that it is a global, asset light co....

Mfame Published 3y-4mo-1w-2d-5h-33m ago

New Improved COVID Disinfection Service To Protect Ship & Crew

According to a Marine Insight article, the Rotterdam based company DisinfectYour.com has launched a new service to help vessel owners and crew respond to COVID 19 outbreaks. Vessel Disinfection Service The service includes complete disinfection of closed areas on a vessel, as well as care for the cr....

Mfame Published 3y-4mo-1w-2d-7h-59m ago

Covid Hit Crude Oil Prices Less Optimistic in 2021

The year 2020 was a roller coaster ride for commodities and especially for crude oil. WTI crude prices fell into negative territory for the first time ever questioning the general market caveat that commodities price cannot be zero. The second half has been equally remarkable as prices surged by lea....

Mfame Published 3y-4mo-1w-2d-9h-18m ago

KR Revises Structural Rules for LNG Carriers

Classification society Korean Register KR revises existing structural rules for membrane type LNG carriers, says an article published in Riviera Maritime Media. About the new structural rule The new rules have been developed to fully comply with the existing IGF code and cover LNG carriers from 21....

Mfame Published 3y-4mo-1w-2d-10h-54m ago

Port of Rotterdam Prepares for the Brexit change

Midnight on 31 December will mark the end of the Brexit transition period. Earlier, no customs formalities were required for freight transport from and to the United Kingdom. As from 1 January, customs formalities will apply. The trade deal recently entered into between the UK and EU will not change....

Mfame Published 3y-4mo-1w-2d-11h-10m ago

MPA Singapore Tightens Covid-19 Testing Rules After Recent Cases

According to Singapore Ministry of Health MOH a marine surveyor and a harbour pilot had tested positive for COVID 19 infection on 30 and 31 December 2020 respectively, reports SeaNews. COVID 19 safe management Shore  Recent COVID 19 infection  The Ministry of Health MOH had earlier reported th....

Mfame Published 3y-4mo-1w-2d-11h-33m ago

Oil Prices Mount Amid COVID-related Fuel Demand

Oil prices are unlikely to mount much of a recovery in 2021 as a new coronavirus variant and related travel restrictions threaten already weakened fuel demand, a Reuters poll showed on Thursday. COVID impact on gains The poll of 39 economists and analysts conducted in the second half of December for....

Mfame Published 3y-4mo-1w-2d-21h-36m ago

Oil Outlook Spikes Amid COVID-related Fuel Demand

Oil prices are unlikely to mount much of a recovery in 2021 as a new coronavirus variant and related travel restrictions threaten already weakened fuel demand, a Reuters poll showed on Thursday. COVID impact on gains The poll of 39 economists and analysts conducted in the second half of December for....

Mfame Published 3y-4mo-1w-2d-21h-36m ago

Oil Outlook Hit Amid COVID-related Fuel Demand

Oil prices are unlikely to mount much of a recovery in 2021 as a new coronavirus variant and related travel restrictions threaten already weakened fuel demand, a Reuters poll showed on Thursday. COVID impact on gains The poll of 39 economists and analysts conducted in the second half of December for....

Mfame Published 3y-4mo-1w-2d-21h-36m ago

POSCO To Expand Steel Supply for LNG Fueled Vessels

Business Korea reported that POSCO is focusing on liquid natural gas powered vessels as global demand for these eco friendly ships is expected to grow fast. The fuel tanks of these vessels are built with special steel as they store ultra low temperature LNG. Steel supply for LNG fuel tanks POSCO exp....

Mfame Published 3y-4mo-1w-3d-32m ago

Comparison of Bunker Prices HSFO vs VLFSO

A dramatic slowing of the global economy this year as a result of the coronavirus pandemic has ensured the previously predicted 20% to 40% increase in bunker costs. It is due to the factor that IMO 2020 has failed to materialize. Instead, while the global bunker market in 2020 saw a considerably w....

Mfame Published 3y-4mo-1w-3d-2h-38m ago

Top Port Extends the 3 Year Tariff Arrangement by 1 Year

The three year arrangement on port tariff increases that exists between the Port of Rotterdam Authority and the relevant market parties. It is represented by Deltalinqs and VRC, is to be extended by one year. As has been the case from 2018 to 2020, port tariffs will be increased by 1% in 2021. This ....

Mfame Published 3y-4mo-1w-3d-3h-9m ago

The Top priorities of the 2020 Regulatory Agenda Updates

2020 has been the year that all the maritime industry anticipated with mixed feelings due to the implementation of sulphur cap. Although all lights were shed on COVID 19 , once again the regulatory agenda was busy within 2020 in order the maritime industry to stay on the pulse and remain sustainable....

Mfame Published 3y-4mo-1w-3d-7h-58m ago

US Bunker Supplier Acquires The Marine Lubricants Arm Of MMP

Veteran US bunker supplier John W Stone Oil Distributor has acquired the marine lubricants arm of Martin Midstream Partners MMP , reports Ship amp 38 Bunker. Sold Assets  The sold assets, Mega Lubricants, cover amp 8220 the business of blending manufacturing and delivering various marine applic....

Mfame Published 3y-4mo-1w-3d-9h-17m ago

Oil & Scrubbers Picks Up Again

Bank of Communications Financial Leasing BoComm added to the recent orders for newbuild mega boxships by placing its own order for four 24,000 TEU capacity vessels, says an article published in Ship amp 38 Bunker. Long term charter commitments  According to industry specialists Alphliner, BoCo....

Mfame Published 3y-4mo-1w-3d-10h-50m ago

Bunker Prices To Reach $600/mt in 2021, Suggests Analysts

According to Ship amp 38 Bunker data, the bunker prices at major ports have doubled in the last nine months. 20 Ports VLSFO Average  Specifically, Ship amp 38 Bunker amp 8217 s Global 20 Ports Average for VLSFO hit a low of $210/mt on April 28, 2020. On December 30, 2020 the VLSFO average wa....

Mfame Published 3y-4mo-1w-3d-11h-49m ago

Ship Recycling Guidance in Relation To Hazardous Materials Launched

The Maritime amp 38 Coastguard Agency has issued guidance on ship recycling requirements in relation to hazardous materials on ships, reports Gov.UK. The Marine Guidance Note provides guidance and clarification on certain aspects of both the EU Regulation and the UK Ship Recycling Regulations. Sh....

Mfame Published 3y-4mo-1w-4d-1h ago

Northwest Seaport Alliance Accepts Grant for ‘Green Fuel’ Project

The Northwest Seaport Alliance NWSA has accepted a $782,482 grant from the U.S. Environmental Protection Agency’s Diesel Emissions Reduction Act DERA grant programme as part of its efforts to cut emissions, reports Safety4sea. Deployment of battery electric tractors The DERA grant program will....

Mfame Published 3y-4mo-1w-4d-1h-40m ago

Vital Solution To Reduce Air Pollution in Shipping Industry

There is an immediate need for improvement of air quality of ports and cities of the Mediterranean Sea, by using better quality fuels and greener technologies, says an article published in Safety4Sea. Pollution in the Mediterranean Sea  Shipping emissions and heavy air pollution in the Mediterranea....

Mfame Published 3y-4mo-1w-5d-10h-43m ago

[Watch] Sailors Stuck On 2 Ships Off Chinese Coast Cry for Help

According to a recent article published in MSN, Indian sailors stuck on 2 ships off Chinese coast cry for help. The 2 stuck vessels 23 Indian sailors on bulk carrier MV Jag Anand, which has been stuck off the Jingtang port on the cold waters of the Bohai Sea in northern China since June, amp 8....

Mfame Published 3y-4mo-1w-5d-11h-21m ago

Pandemic Disruptions On 500th Anniversary of 1st Global Voyage

Disease, mutinies and uncharted waters nearly sabotaged the global circumnavigation of the expedition led by Portuguese mariner Ferdinand Magellan. Five centuries later, the pandemic looms as a Spanish navy tall ship sails to commemorate the feat, says an article published in Independent. Juan Se....

Mfame Published 3y-4mo-1w-5d-11h-21m ago

Industry Voices: Goodbye 2020, Hello 2021

This time of the year is always a good opportunity to consider lessons learned and set new year’s resolutions for a new start. Our special column Industry Voices: amp 8216 Goodbye 2020, hello 2021 amp 8217 aims to provide an overview of this challenging year and set new targets for 2021 to mov....

Mfame Published 3y-4mo-2w-5h-1m ago

Positive Stories from the Shipping Industry in 2020

With the pandemic and the 2020 sulphur cap, the shipping industry had a challenging time this year but despite all odds it sailed through it rather well. So, here we are chartering some success stories from the shipping industry as presented by Safety4sea. Chronicling Stories That Shaped the Year Li....

Mfame Published 3y-4mo-2w-9h-9m ago

Top Maritime Stories in 2020

What a year! With 2020 coming to a close, gCaptain reports the top maritime stories that continued to make headlines all year long. IMO 2020 The year started with one of the most monumental shifts in modern shipping history with the entry into force of the IMO 2020 regulations limiting the amount of....

Mfame Published 3y-4mo-2w-10h-4m ago

Panama Canal Opening in 2021 Offering 50 Feet of Draft

A year ago the Panama Canal faced with low rainfall in the basin, had to take measures to maintain operations, says an article published in newsroom panama. About The Draft It will begin in 2021 offering 50 feet of draft, the highest level for neo Panamax locks, announced administrator Ricaurte Vás....

Mfame Published 3y-4mo-2w-10h-24m ago

Great Eastern to Become India’s Top Ship Owner

The Great Eastern Shipping Co Ltd has overtaken Shipping Corporation of India Ltd SCI to become India’s biggest ship owner by fleet size. It ceded the higher market capitalisation slot to SCI as its scrip galloped in the run up to the issue of expression of interest for the privatisation of the ....

Mfame Published 3y-4mo-2w-17h-40m ago

Technologies That Will Transform The Salvage Sector

New technologies and innovations are needed as the salvage sector tackles ever more complex projects with larger ships to protect mariners, assets and the environment, reports Riviera. The capsized carrier This has been publicly demonstrated with the gradual removal, in Q4 2020, of the Golden Ray ....

Mfame Published 3y-4mo-2w-1d-4h-41m ago

ISM Code Amendment To Include Cyber Risk Management

Norwegian cruise and ferry operator Hurtigruten is recovering from a comprehensive ransomware virus data attack in mid December. This forced the company to close down its servers and online booking services. Its websites were out of action, but were back in operation by 18 December, says an article ....

Mfame Published 3y-4mo-2w-1d-5h-47m ago

The Ranking & Scores of Top 12 Largest Container Carriers

Gliese Foundation has published twelve independent reviews of the largest container carriers. The table presents the ranking, name, score, number of pages of the Sustainability Report. It also deals with the month of release of the report, number of years producing sustainability reports, and countr....

Mfame Published 3y-4mo-2w-1d-9h-52m ago

10 Stories That Shook The Cruise Industry

Crew members readied for a year of working at sea, and those at the helm of the cruise industry anticipated another successful year, with profits sure to continue on an upward trajectory and bigger and better ships ready for launch. Then, in the space of a few disastrous weeks, everything changed. C....

Mfame Published 3y-4mo-2w-1d-10h-50m ago

Upcoming Regulation Updates in Relation To Ship Recycling

A Standard Club article provides an overview of some of the important international regulations that will enter into force in end 2020 and 2021, including the European Union EU requirement in relation to ship recycling. Coronavirus overshadows IMO2020 fallout The year 2020 marked the implementatio....

Mfame Published 3y-4mo-2w-1d-20h-39m ago

MOL ‘Stands Tall’ in the World’s Most Valuable Fleet of LNG Carriers

An article in Riviera Maritime Media breaks down the amp 8216 Top five LNG carrier owners. amp 8217 Mitsui OSK Lines Japan’s Mitsui OSK Lines MOL has the world’s most valuable fleet of LNG carriers, worth close to US$6Bn, according to UK based ship valuation firm VesselsValue. With 45 vess....

Mfame Published 3y-4mo-2w-1d-22h-6m ago

Rising Piracy Amid Pandemic Cause Great Concern for Sailors

Amidst the rising incidents of piracy among the world suffering from the global pandemic, the sea transport organization MUI said that it is a major cause of concern for more than two lakh Indian sailors, reports Daily Excelsior. Rise in piracy The Maritime Union of India MUI , the oldest organizat....

Mfame Published 3y-4mo-2w-1d-22h-39m ago

Blue Ammonia Value Chain Joint Feasibility Study

amp 160 Japanese firms study the possibility of producing and shipping blue ammonia produced in Russia, reports Argus Media. Blue ammonia production Backed by state owned energy agency Jogmec, Japanese firms plan to study the possibility of producing and shipping blue ammonia produced in Russia a....

Mfame Published 3y-4mo-2w-2d-3h-48m ago

Mission in China Continues To Help 23 Stranded Sailors

amp 160 Two Indian ships continue to be stranded in Chinese waters for over six months. The Ministry of External Affairs MEA said that the Indian Mission in Beijing is in touch with the Chinese authorities to seek facilitation and assistance for the Indian crew. The bulk cargo vessel MV Jag Ana....

Mfame Published 3y-4mo-2w-5d-11h-21m ago

Ranking of 12 Largest Container Carriers on Sustainability Report

Giles Foundation has come up with a Maritime Environmental Reports. They assess the quality of the environmental reporting presented by the twelve largest container carriers in the world in their sustainability reports. They present the results with the lowest rated company and will end with the com....

Mfame Published 3y-4mo-2w-5d-11h-53m ago

UECC Teams Up With Gasum For First Ever LNG-LBG Bunkering

On December 16th, the UECC PCTC M/V Auto Energy received the first ship to ship bunkering of Liquefied Natural Gas LNG blended with 10% renewable Liquefied Biogas LBG , says a press release issued by UECC. Gasum’s LNG bunker vessel Coralius performed the bunkering operation at anchorage outside....

Mfame Published 3y-4mo-2w-5d-12h-6m ago

RMI Issues Guidelines For Installing RFAs Onboard Yachts

The Republic of Marshall Islands shared the requirements for the design, installation, and operation of Recreational Fire Appliances RFAs onboard RMI flagged yachts, says an article published by Safety 4 Sea. Recreational Fire Appliances RFAs means fireplaces that use wood, ethanol, or LPG as a ....

Mfame Published 3y-4mo-2w-5d-12h-21m ago

Hapag-Lloyd Signs $1 Billion Deal for 6 LNG Powered ULCVs

Order placed at Korean ship yard Daewoo Shipbuilding amp 38 Marine Engineering. Vessels will be powered by LNG Dual Fuel. Delivery starts in April 2023. 1 billion USD investment. German liner giant Hapag Lloyd has ordered six ultra large container vessels from Korean shipyard Daewoo Shipbuilding ....

Mfame Published 3y-4mo-3w-3h-51m ago

Zoom Turns Santa & Goes Free for Celebrations, Limitless Talktime

Although there are many video calling services, Zoom has been by far the most popular choice in 2020 and just announced impressive financial results for Q3, reports Tech Advisor. No 40 minute Limit But the company has announced a nice surprise for its users: it’s ditching the usual 40 minute call ....

Mfame Published 3y-4mo-3w-7h-29m ago

2020 CAREER4SEA Awards Honours The Best Maritime Experiences

Every year SAFETY4SEA honours the best employment opportunities in maritime with a glorious award. This year amp 8217 s  CAREER4SEA awards was announced virtually on December 16th and it recognized the  industry’s outstanding practices for attracting and supporting the younger generation in the....

Mfame Published 3y-4mo-3w-9h-17m ago

Who Should Pay for a “Black Blob” Left by Ship Delivery

In an article published Energy amp 38 the Law, Charles Sartain highlights the legal issues concerning black blog in ship delivery. He follows a celebrated case to highlight what could be the legal implications of it.  What is it Enterprise Products Operating v. Trafigura, A G. asks, Who should....

Mfame Published 3y-4mo-3w-9h-25m ago

Volkswagen’s New Innovative Strategy To Reduce Carbon Emissions

The Volkswagen Group on Thursday 26 November said it is planning to use certified fuel from vegetable residues for certain new car shipments via marine routes. The fuel is produced from materials such as used oil from restaurants and the food industry. The first car freighter was re fuelled for th....

Mfame Published 3y-4mo-3w-10h-23m ago

Cargo Ships Banned from Paris MoU Region

amp 160 Two cargo ships were detained in the Paris MoU region within December. Both vessels flied flags that are black on the current Paris MoU list. One was detained in Port Ravenna, Italy, on 1st December 2020. This is the fourth detention in the Paris MoU region within the last 36 months. Anot....

Mfame Published 3y-4mo-3w-17h-43m ago

Dream Come True for Entrepreneurs Towards a Net Zero Future

Carbon13 and Maritime UK joined forces on an eight month program supporting people to launch highly scalable and investable ventures for a net zero future. Accordingly, the partners launch the Carbon13, the Venture Builder for the Climate Crisis. The eight month programme supports extraordinary indi....

Mfame Published 3y-4mo-3w-17h-53m ago

[FAQ] Safety Protocols To Address Electrical Equipment Mishaps

The Coast Guard has seen a number of instances where there was lack of knowledge regarding the installation, training, maintenance and inspection of these certified systems. At this juncture, the USCG has issued a Safety Alert to emphasize the importance of properly installed and maintained listed o....

Mfame Published 3y-4mo-3w-20h-4m ago

Pilotage Claims Surpass US$1.8b in the Last Two Decades

Claims arising from incidents involving vessels under pilotage have exceeded US$ 1.8 billion in the 20 years between 1999 and 2019, reports data by the International Group of P amp 38 I Clubs IG Clubs . Vessel pilotage In a new report, IG Clubs records 1,046 such incidents in this period and each ....

Mfame Published 3y-4mo-3w-20h-45m ago

Wartsila To Retrofit 3 LPG Ships With Their LPG Fuel Supply System

In a major development, the technology group Wärtsilä’s industry leading R amp 38 D investments in enabling liquefied petroleum gas LPG to become a viable marine fuel has resulted in a further order for the company’s LPG Fuel Supply System LFSS , says a press release published on their web....

Mfame Published 3y-4mo-3w-1d-5h-27m ago

US- Asia Pacific Arbitrage Drives VLGC Demand & Rates

amp 160 According to an Argus Media report, arbitrage economics between the US and the Asia Pacific region must remain attractive to support Very large gas carriers VLGCs freight rates at the higher levels recorded in the fourth quarter of this year. The EIA has cut its 2021 forecast for domest....

Mfame Published 3y-4mo-3w-1d-5h-34m ago

Onboard World’s First Fully Electric Zero Emission Container Vessel

According to a Hard article written by their Senior Loss Prevention Executive Jarle Fosen, the year ahead looks forward to growing zero emission trends as witnessed by Fosen in a visit to the Yara Birkeland, the first fully battery operated container vessel designed for autonomous operation.  Here ....

Mfame Published 3y-4mo-3w-1d-5h-46m ago

Shipping’s Oldest Mode Emerged Stronger in Tumultuous 2020

Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....

Mfame Published 3y-4mo-3w-1d-8h-59m ago

How Increased Freight Rates Led To A Worldwide Supply Chain Dysfunction

Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....

Mfame Published 3y-4mo-3w-1d-12h-6m ago

LR Awards AiP To Pioneering LNG Carrier With Type B Tank Design

Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....

Mfame Published 3y-4mo-3w-1d-22h-10m ago

Suez Canal Announces 48% Discount for Giant Tankers

Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....

Mfame Published 3y-4mo-3w-1d-22h-34m ago

VLCC & Clean Rates Remain Static in the Weekly Tanker Market

Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....

Mfame Published 3y-4mo-3w-2d-2h-59m ago

e5 Lab Inc. and ClassNK Sign a Joint Research Agreement on Cybersecurity

Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....

Mfame Published 3y-4mo-3w-2d-4h-3m ago

IMO Commends Captain for His Exceptional Bravery at Sea

Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, Exceptional Bravery....

Mfame Published 3y-4mo-3w-2d-4h-3m ago

Top 9 Ocean Stories of 2020

Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....

Mfame Published 3y-4mo-3w-2d-4h-11m ago

Study Result on Expectation for 2021 Cruise Restart is Out

Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, study....

Mfame Published 3y-4mo-3w-2d-4h-23m ago

MOL Issues A Guidance To Prevent Mauritius Oil Ship Grounding Incident

Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, MOL....

Mfame Published 3y-4mo-3w-2d-8h-48m ago

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