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BP s Aframax sheltered in Venezuela to avoid court seizure
Crude oil tanker BRITISH CYGNET with cargo of Russian crude, loaded at Primorsk port, Russia, was diverted to Venezuela waters to avoid seizure, and brought to anchor in Gulf of Venezuela on May 7. At least two Caribbean courts ordered seizure of PDVSA (Petroleos de Venezuela, S.A. - Venezuelan state-owned oil and natural gas company) assets, after CONOCO Phillips claim, seeking for compensation of company s $2 billion losses inflicted by nationalization of its project in Venezuela in 2007. Russian and the US crude are bought by PDVSA to supply Curacao refinery, where Russian and US crude are mixed with crude from Orinoco Belt oil fields.Posted On:9-May-2018
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FSL Trust Eyes Refinancing for Tanker Duo
FSL Trust Management, the trustee-manager of Singapore-based First Ship Lease Trust, is looking to secure refinancing for the Trust s two chemical tankers, FSL New York and FSL London. After considering sale or refinancing options, the trustee-manager informed that the company is exploring the refinancing "in view of the current poor market conditions for vessel disposals."Posted On:9-May-2018
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SMT Shipping, CSL Set Up Cement Shipping JV
Montreal-based owner of self-unloading ships CSL Group has entered into an agreement with Cyprus-based counterpart SMT Shipping to acquire 50 pct of Eureka Shipping Ltd., SMT s pneumatic cement vessel business. "The new joint venture will allow Eureka and CSL to combine expertise, resources and innovative technologies to expand services to customers in the seaborne cement powder and fly ash transportation markets around the world," a joint press statement reads.Posted On:9-May-2018
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2.8 tons of cocaine found on arrested container ship, Guatemala
Container ship TIAMAT reportedly was intercepted in waters off Guatemala coast in the Pacific by Guatemala Navy, and taken to Puerto Quetzal on May 4, where she was berthed and thoroughly checked. Some 2.8 tons of allegedly, cocaine, were found - understood hidden not in containers, but somewhere inside the ship. The ship was en route from Ecuador to Ensenada Mexico, drugs were destined for North America. 13 people were already detained, not clear if crew members among those arrested as suspect in drug trafficking. As of May 8, the ship was in the same position docked at Puerto Quetzal. Available AIS websites don t have AIS records earlier than April 2018.Posted On:9-May-2018
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Yamal LNG Ships Two Million Tons of LNG
OAO Yamal LNG has reached a milestone as it shipped two million tons of liquefied natural gas produced at its first LNG train. Yamal LNG hit two million tons on the 27th cargo loaded and dispatched at the Sabetta seaport.
The first LNG train commenced LNG production in the fourth quarter of 2017 with the loading of the inaugural tanker on December 8, 2017. Since than, Arc7 ice class carriers, each holding 170 thousand cubic meters or around 74 thousand tons of LNG, have shipped over two million tons of LNG from the facility.Posted On:9-May-2018
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DNV GL to Class RCL s Icon Class Newbuilds
DNV GL has secured a classification contract for Royal Caribbean International s new Icon Class vessels. The contract, signed with the vessels builder, Finnish Meyer Turku Shipyard, covers two vessels with delivery scheduled for 2022 and 2024.
"These ships are set to push the envelope of what we can expect from a modern cruise vessel in terms of environmental performance, and we are looking forward to supporting Royal Caribbean and Meyer Turku to realise a successful delivery," Knut Orbeck-Nilssen, CEO of DNV GL - Maritime, said.Posted On:9-May-2018
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Trade War Would Hurt the Fronthaul Transpacific Leg
A potential trade war between the world s top trading partners could lead to a drop in container shipping industry s volumes on the essential leg of a transpacific voyage from China into the US, according to BIMCO.
"The shipping industry is concerned with a lower level of US containerised imports which may become a result of a trade war between the US and China. If fronthaul volumes go down, oversupply of ships develops causing utilisation to drop alongside freight rates and earnings on the transpacific networks," Peter Sand, BIMCO s Chief Shipping Analyst, said.Posted On:9-May-2018
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Marine Cranes market to grow at a CAGR of 10-15% till 2024
According to Market Insights Reports, Marine Cranes Market provides a comprehensive analysis of the emerging point of care tests market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities for instrument and consumable suppliers. This report also provides market landscape and market share information in the Marine Cranes market. The report brings together major merger & acquisition, distribution agreement, licensing deals and collaboration deals information in point of care testing market. The report also entails major drivers and challenges of Marine Cranes market.Posted On:9-May-2018
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Windserve Marine Formed to Support US Offshore Wind Industry
The Reinauer Group of Companies has added a new member company, Windserve Marine, LLC, to provide support services to the U.S. offshore wind industry. Joining its affiliate companies Boston Towing & Transportation, BTT Marine Construction, Erie Basin Bargeport, Reicon Group, Reinauer Transportation Companies and Senesco Marine, Windserve starts a new chapter in the Group s rich history. Windserve s mission is as follows:
"Windserve Marine seeks to be the premier offshore wind support services provider on the Atlantic Coast. Building upon more than 95 years in the maritime industry, Windserve is committed to providing excellence in all stages of the offshore wind farm lifecycle and supports industry stakeholders in project commencement and construction, operation and maintenance, and logistics."Posted On:9-May-2018
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India: Major port workers unions plan indefinite strike
Major port workers unions plan to go on an indefinite strike at all the 12 major ports on or after 30 May to press their demands, according to T Narendra Rao, general secretary of the Water Transport Workers Federation of India.
The national co-ordination committee of six federations of major port workers also decided to call for a nation-wide One-day protest strike on 28 May against "the casual attitude of the ministry of shipping and Indian Ports Association (IPA) in settling the demands of the port workers for revising the existing wage structure and other service conditions, including pensionary benefits with effect from January 2017 consequent to the expiry of the existing wage settlement".Posted On:9-May-2018
Credits: www.bunkerportsnews.com |
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A World First in the Port of Amsterdam
In the port of Amsterdam the construction has started of a new facility that will convert non-recyclable plastic into fuel for the transport sector, which will cut down CO₂ emission by 57,000 tonnes per year. It is the first project of Bin2Barrel, a Dutch company focusing on the development of Plastic-to projects. This is how synthetic materials that could not be reused otherwise will now become reusable in a useful application, while at the same time offering a more sustainable alternative for traditional transport fuels. The ultimate goal is application of the produced substances in the production of new synthetic materials, in other words chemical recycling. This brings the mission of Bin2Barrel fully in line with the targets of the Dutch government, who recently added chemical recycling to its national waste management plan. The plant will be built in collaboration with Port of Amsterdam and is expected to be up and running by the end of this year.Posted On:9-May-2018
Credits: www.bunkerportsnews.com |
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Operators promote safety at ports
To celebrate the Global Safety Day, APM Terminals Apapa Limited has embarked on initiatives that will promote safety at Lagos ports. The Global Safety Day is an annual international awareness-raising campaign to promote safe and secure working environment for workers. APM Terminal Apapa Managing Director Martin Jacob, who spoke with The Nation, said safety has been the company s watchword over the years, assuring that the company will continue to focus on enhancing safety standards. For APM Terminals, safety is the licence to operate and we have kept that as our watchword and we will continue in that focus.Posted On:9-May-2018
Credits: www.bunkerportsnews.com |
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Digitisation saves more than just time at APM Terminals Pipavav
With more than 500 trucks per day passing through the gates at APM Terminals Pipavav, even the smallest efficiency improvement quickly adds up to 100s of hours saved per day. The terminal s latest digital solution also offers significant environmental benefits, cost savings and improved safety.
APM Terminals Pipavav have developed an online version of Form 13 (gate-in permits issued by terminals) required for each import/export container. Known as e-form 13, it will save close to 3 million kilometres of road trips and their associated carbon emissions each year.Posted On:9-May-2018
Credits: www.bunkerportsnews.com |
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