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Euroseas to Sell Its Eldest Bulk Carrier
Greek ship owner and operator Euroseas has reached an agreement to sell its oldest dry bulk vessel, the 1998-built Monica P. The 46,667 dwt bulk carrier is to be sold to an unaffiliated third party for a gross amount of USD 6.45 million. Euroseas informed that the unit, which is chartered at a TCE rate of USD 10,000 until May, will be delivered to its buyers by the end of June 2018.Posted On:12-Apr-2018
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CMA CGM Bolsters Ties with DP World
French liner CMA CGM has extended its long-term partnership with port operator DP World Australia with regard to the servicing of CMA CGM container ships at terminals in Brisbane, Sydney, Melbourne and Fremantle. DP World Australia s CEO and Managing Director, Paul Scurrah, said the partnership extension provides both organisations with a strong platform for future growth in the Australian market.Posted On:12-Apr-2018
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ITF Highlights Trade Union Issues at APM Terminals in Latin America
Workers at certain APM Terminals, part of AP Moller-Maersk, are still facing certain challenges in their everyday work, the International Transport Workers Federation (ITF) told Maersk during the group s annual general meeting held yesterday. These, in particular, relate to the industrial relations of terminals located in Latin America, the ITF said, stressing the need for these to be addressed.Posted On:12-Apr-2018
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Ro-ro cargo ship sank on Sudan anchorage
Ro-ro cargo ship SHAHIN started to sink on Port Sudan anchorage, reportedly on Apr 8. Understood the ship, which was renamed many times, was at anchor in a lay-up, with four maintenance crew. Crew are safe. All attempts to prevent sinking failed, the ship sank on Apr 10. SHAHIN was at Sudan anchorage since April 2016. Most probably, hull started to leak, causing the ship to sink.Posted On:12-Apr-2018
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World s 1st Ferry Fitted with Wind-Powered Rotor Sail
Viking Line s passenger ship M/S Viking Grace has been fitted with a rotor sail for the utilization of wind power, becoming the world’s first passenger ship to feature the technology. The Rotor Sail Solution, developed by the Finnish company Norsepower Oy, will cut fuel consumption and reduce emissions by up to 900 tonnes annually, Viking Line said. The LNG-fueled Viking Grace will be deployed on wind-assisted voyages between Turku, Finland and Stockholm, Sweden from April 12, 2018.Posted On:12-Apr-2018
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Fluxys to Add LNG Bunkering Facility at Port of Antwerp
Belgium-based Fluxys has taken over the concession in the port of Antwerp to make liquefied natural gas (LNG) available as an alternative fuel for ships and barges. The company will add a permanent LNG bunkering facility by the end of next year to complement the existing mobile (truck-to-ship) bunkering service at the port.Posted On:12-Apr-2018
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STX Offshore Gets a Second Chance
The financially troubled shipbuilder STX Offshore & Shipbuilding got a second chance to avoid court receivership as its main creditor said it would examine the company s self-rescue plan. Korea Development Bank (KDB) opted for the move after the shipbuilder s labor union submitted an agreement on a voluntary retirement program and other reductions in work benefits, Korea Times said citing industry officials.Posted On:12-Apr-2018
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King Abdullah Port 8th fastest growing port in the world
King Abdullah Port landed the eighth spot among the world s fastest growing ports for 2017, according to Alphaliner, the global leader in analyzing maritime transport data, port capabilities and the future of vessels and shipping route development. The new ranking comes after King Abdullah Port had previously announced a 21% increase in its annual throughput in 2017, making it the second largest port in the Kingdom in terms of container handling. In a related context, King Abdullah Port moved up to 87th place among the world s 100 biggest container ports for 2017, after ranking 98th in 2016.Posted On:12-Apr-2018
Credits: www.bunkerportsnews.com |
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DP World joins Newcastle container plan
DP World is in early stage discussions with Port of Newcastle about long-stalled plans to introduce the world s biggest coalPosted On:12-Apr-2018
Credits: www.bunkerportsnews.com |
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HullWiper launches pilot scheme at Port of Southampton
Trials are underway in Southampton as part of a pilot scheme to launch the eco-friendly HullWiper hull cleaning technology at the port. HullWiper is working to test the system on a range of vessels including cruise liners, Ro-Ro ships, container ships and general cargo carriers at the south coast port.Posted On:12-Apr-2018
Credits: www.bunkerportsnews.com |
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Ports in developing countries require state-of-the-art management
Ports in developing countries must be managed efficiently using modern methods to support international trade and boost local economies, UNCTAD Deputy-Secretary General Isabelle Durand said at a coordination meeting of the French-speaking network of UNCTAD s TrainForTrade port management programme.Posted On:12-Apr-2018
Credits: www.bunkerportsnews.com |
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Energy transition in the port of Antwerp: new impetus for LNG as an alternative fuel for ships
Fluxys has taken over the concession in the port of Antwerp at quay 526-528 to make liquefied natural gas (LNG) available as an alternative fuel for ships and barges, in one of the Port Authority s key initiatives to make thePosted On:12-Apr-2018
Credits: www.bunkerportsnews.com |
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IMO Set on Slashing Industry Emissions
The International Maritime Organisation (IMO) is currently meeting at the IMO Headquarters in London to discuss the adoption of the Initial GHG strategy - a global plan for reducing emissions in the maritime and shipping industry. The Marine Environment Protection Committee (MEPC 72) is currently in session (April 9-13, 2018), working on the sector-wide adoption of the strategy, which will act as a framework for all Member States to set out the guiding principles and vision of the future for international shipping with reduced GHG emissions.Posted On:12-Apr-2018
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Ballast Water Treatment Rollout Should be Revised
After over 20 years of research and negotiations, the International Maritime Organization (IMO) and the U.S. Coast Guard (USCG) are starting to implement and enforce ballast water (BW) regulations. Based on the phase-in schedule, between now and 2024 about 60,000 ships will need to spend an average of $1 million to $2 million each to purchase and install ballast water management systems (BWMS). This is resulting in eye popping predictions about enormous growth in global BWMS markets to well over $100 billion. One global market intelligence report projects these markets "will grow at a compound annual rate of 39.4% starting in 2018 and reach $395.65 billion by 2026." Unfortunately, using insights from recent economic research results in different predictions. Based on this view, global BWMS markets will not grow significantly for as many years as it takes for the current strategies that IMO and USCG are using to implement BW regulations to fail and be replaced by ones that nurture BWMS markets.Posted On:12-Apr-2018
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Injured Bulk Carrier Crewmember Medevaced
A U.S. Coast Guard helicopter crew medevaced an injured Chinese crew member from a bulk carrier Tuesday night in the Atlantic Ocean, approximately 175 nautical miles northeast of Puerto Rico. Coast Guard watch standers in San Juan received the medevac request at 5 p.m., Monday from the Panamanian-flagged Bunun Hero for a crew member who sustained multiple broken bones and a head injury after falling from a crane on board the ship.Posted On:12-Apr-2018
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