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KSS Line, HHI Team Up on New LPG Carrier Designs
South Korean shipping company KSS Line has signed a memorandum of understanding (MOU) with compatriot shipbuilder Hyundai Heavy Industries (HHI) to develop two new LPG carrier designs.
The MOU between the two parties was signed on March 14, 2019.Posted On:29-Mar-2019
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Euronav Picks Current CFO for CEO Role
Belgian tanker owner Euronav has selected a new CEO following a search and assessment process.
The company announced that the current CFO Hugo De Stoop would succeed Paddy Rodgers as CEO of Euronav.Posted On:29-Mar-2019
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EIA: Sulphur Cap to Extensively Affect Shipping, Refining
The International Maritime Organization s (IMO) 2020 sulphur cap will have wide-ranging repercussions for the global refining and shipping industries as well for petroleum supply, demand, trade flows, and prices.
According to a report by the U.S. Energy Information Administration, the reduction of sulphur content in marine fuels from the previous limit of 3.5%, established in 2012, to 0.5% as of 2020, already saw the shipping and refining industries start making preparations and investments to varying degrees to accommodate IMO 2020 regulations.Posted On:29-Mar-2019
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Poor Watchkeeping Leads to Ferry, Motor Vessel Collision
The UK-registered RoRo passenger ferry Red Falcon collided with a privately-owned motor cruiser off Southampton, England, due to poor navigational watchkeeping practice.
Red Falcon collided with the cruiser Phoenix on September 29, 2018, in the Thorn Channel, Southampton, England.Posted On:29-Mar-2019
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Tanker Hijacked by Migrants Reaches Malta
A Palau-flagged small tanker which was hijacked by migrants in Libyan waters has arrived at a port in Malta.
The 846 dwt ship, El Hibru 1, had rescued more than a hundred migrants in rubber boats off Libya. After attempting to turn back to Libya, the tanker was allegedly captured by a group of migrants and diverted to Malta.Posted On:29-Mar-2019
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Adani becomes first Indian port operator to record 200 MMT cargo movement
Adani Ports and Special Economic Zone (APSEZ) said on Wednesday that it has recorded cargo movement of more than 200 million metric tonnes (MMT) at nine ports along the east and west coasts, becoming the first Indian port operator to achieve the milestone.
"Our projections were to reach this milestone by 2020 but we could achieve it ahead of schedule, courtesy the tech-driven operational efficiency and enhanced asset utilisation," said APSEZ Chief Executive Officer Karan Adani.Posted On:29-Mar-2019
Credits: www.bunkerportsnews.com |
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Germany changes regulation to support construction of LNG terminals
The German cabinet passed an amendment to the law that regulates gas network access (GasNZV) on Wednesday which seeks to improve the economic conditions for the country s liquefied natural gas (LNG) infrastructure.
"For the security of gas supplies, it is important for Germany to be able to use as many supply routes and sources as possible. LNG, which is extracted abroad and transported to us by ship, can contribute to this," said German Economy Minister Peter Altmaier.Posted On:29-Mar-2019
Credits: www.bunkerportsnews.com |
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Takoradi Port welcomes biggest ship
The biggest ship ever to anchor at the Takoradi Port since its construction in 1928, has arrived at the port to load a consignment of 175,000 tons of manganese destined for China.
The Chinese vessel, christened the SIMIRIO, measuring 295 metres, will load the stock while three other ships were waiting to load 166 tons each of manganese.Posted On:29-Mar-2019
Credits: www.bunkerportsnews.com |
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Kolkata Port planning to set up a barge terminal at Balagarh
Kolkata Port Trust (KoPT) is planning to set up a barge terminal at Balagarh in West Bengal s Hooghly district, a top KoPT official said.
The cost of the project would be 300 crore, KoPT chairman Vineet Kumar said.
Kumar speaking at the Bharat Chamber of Commerce here, said the idea for setting up the barge terminal was to decrease the congestion at the Kolkata port.Posted On:29-Mar-2019
Credits: www.bunkerportsnews.com |
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