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.: 30-Aug-2019 :. Search News
Displaying 1 to 11 of Records.
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Three crew injured by blast on board of Chilean amphibious assault ship
Blast and following fire injured three crew of Chilean amphibious assault ship LSDH 91 SARGENTO ALDEA in the morning Aug 29 off Talcahuano Navy Base, Concepcion, Chile. According to official statement, three injured crew were carrying out maintenance works on oxygen system of ship s medical unit. They suffered burns, and were transferred to Talcahuano Navy Base by helicopter. Navy Command said, that the ship didn t sustain damages and continues her activities.

Posted On:30-Aug-2019



Drewry: Tanker Scrapping Activity to Revive before Surging in 2020
Scrapping activity in the crude tanker market this year, as well as in 2020, is expected to rise with the implementation of new rules from the International Maritime Organization.
Namely, the IMO s Ballast Water Management Convention (BWMC) is likely to rekindle tonnage scrapping in the remainder of 2019, although the real impact of the regulation will be seen only after the implementation of the IMO 2020 regulation on sulphur cap, according to shipping consultancy Drewry.
The convention contains two standards, D-1 and D-2. As per the D-1 standard vessels have to exchange their ballast water in open seas, at least 200 nautical miles away from the coast, while the D-2 standard puts a cap on the number of viable organisms that are allowed to be discharged by ships. The D1-standard entered into force on September 8, 2017, but the implementation of the D-2 standard - which effectively means installing ballast water treatment systems (BWTS) - will be staggered.
According to the convention all the ships built from the September 8, 2017 onwards will have been fitted with BWTS on delivery. However, vessels built before this date will have to retrofit BWTS at their next special survey from September 8, 2019. Effectively, owners of these vessels have a five year window between 2019 and 2024 to comply with the regulation, with the actual installation date based on the due date for the vessel s next special survey.
"For the moment it would appear that the majority of owners are trying to delay retrofitting of BWTS to the last possible minute because of the high capex involved," Drewry said, adding that close to 590 crude tankers, about 32% of the existing fleet, is currently equipped with BWTS, with most of these vessels built after the convention came into force in 2017.
"Apart from this, about 11% the vessels in the fleet are fitted (or pending retrofit) with scrubbers but not equipped with BWTS. We expect all these vessels will eventually retrofit BWTS as they have already invested in expensive scrubbers."
Owners of the remaining 57% of vessels in the fleet, which are neither fitted with BWTS nor scrubbers, will have to decide on whether or not to retrofit BWTS before their next special survey.
Drewry explained that owners of vessels older than 15 years are more likely to scrap these ship due to pressure to comply with the IMO’s 2020 regulation on sulphur cap on bunker fuels from the beginning of 2020.
"About 21% of vessels in the existing fleet fall within this category, which suggests that scrapping activity will surge in the coming years. However, the impact of BWMS on scrapping activity in the remaining months of 2019 will be modest, as out of 100 crude tankers (without BWTS) due for special survey in 2019, only 25 crude tankers (1% of the fleet) are 15 years or older. Nonetheless, scrapping activity, which has been subdued so far this year, will rekindle before surging in 2020."

Posted On:30-Aug-2019



Fednav Welcomes Its Latest Handy Bulker
Canadian bulk shipping company Fednav Limited has taken delivery of Federal Montreal, its newest Great Lakes-suitable Handysize vessel.
The delivery ceremony for the 34,500 dwt bulker took place at the Oshima Shipyard in Japan on August 29.
The Marshal Islands-flagged Federal Montreal is an ice-class bulk carrier, built to trade in the St. Lawrence River and the Great Lakes. It is certified by DNV GL and is equipped with the latest environmental protection technology, according to Fednav.
The 41,591 cbm newbuild features a length of 200 meters and a breadth of 23.8 meters.
Named in honour of the city Fednav calls home, Federal Montreal is the company s first ship ever to bear the name of a city.
In late July 2019, the shipping company also took delivery of Federal St Laurent, a 34,500 dwt Handy bulk carrier.
Fednav s fleet is comprised of close to 125 bulk carriers trading worldwide, 65 of these are owned.

Posted On:30-Aug-2019



COSCO Shipping Ports Container Volumes Keep Rising
Despite the ongoing trade war between China and the US, Hong Kong-based port operator COSCO Shipping Ports ended the first six months of this year with a total throughput rise of 5.4 percent year on year (yoy).
The total container throughput increased to 59.8 million TEUs in H1 2019 from 56.7 million TEUs recorded in H1 2018.
As explained, the growth was backed by the increased calls from the shipping alliances at the group s container terminals and the contributions from newly acquired terminals.
In particular, the total throughput from terminal companies in which the group has controlling stake increased by 14.6 percent to 12.4 million TEUs, accounting for 20.8 percent of the group s total, and the total throughput from non-controlling terminals rose by 3.2 percent to 47.3 million TEUs, accounting for 79.2 percent of the group s total.
Moreover, COSCO Shipping Ports saw a 4.5 percent increase in its revenue. The group reported a revenue of USD 517.9 million in H1 2019, against USD 495.5 million posted in the corresponding period a year earlier.
What is more, total comprehensive income for the period surged to USD 162.5 million in H1 2019 from USD 94.9 million seen in H1 2018.
Prospects
Looking ahead, despite the fact that challenges do remain in the second half of 2019 with various uncertainties, global economic growth is supported to an extent by the market expectation that the low-interest rate policy will be sustained, according to the group.
COSCO Shipping Ports said it would continue to leverage on the synergies with the Ocean Alliance and its parent company, seize opportunities to cooperate with major shipping companies and ports companies to keep boosting throughput.
Given the macroeconomic uncertainties, the group said it is "cautiously optimistic" for the whole year, expecting the high single-digit growth in equity throughput for 2019.
Additionally, COSCO Shipping Ports said it would remain committed to building its global terminal network and searching for opportunities to acquire overseas terminals.
Finally, the group intends to step up the development of its terminal extended business to other terminals in an effort to further improve profitability.

Posted On:30-Aug-2019



Two Ultramax Newbuilds to Join Belships Fleet
Norway s shipping company Belships ASA has agreed seven-year bareboat charters for two 61,000 dwt Ultramax bulk carrier newbuilds.
As informed, the vessels will be delivered by a Japanese shipyard during the fourth quarter of 2019 and the first quarter of 2020.
The estimated cash breakeven for the bulkers upon delivery is about USD 11,000 per day including operational expenses, Belships said.
Belships will pay a sum of USD 3 million per ship prior to delivery. The agreements come with purchase options below current market values and can be exercised as from the fourth year until the end of the charter, the company added.
"We are very pleased to continue the growth and fleet renewal of the company with two vessels of the highest quality being delivered straight into a strong market," Lars Christian Skarsgard, Belships CEO, commented.
Following the transactions, the Belships fleet will count 22 Supramax/Ultramax bulk carriers, including the four newbuildings.

Posted On:30-Aug-2019



Odfjell Takes Delivery of World s Largest Stainless Steel Chemical Tanker
Norwegian tanker owner and operator Odfjell Tankers has taken delivery of the first of four newbuild stainless steel chemical tankers from China’s Hudong-Zhonghua shipyard.
Delivered on August 26, tanker Bow Orion is the world s largest in its class according to the company.
The vessel started its maiden voyage two days after delivery, heading for Ulsan, South Korea, to load first cargo.
The new 49,000 dwt ships have 33 cargo tanks in duplex stainless steel, a cargo capacity of approximately 55,000 cubic meters, and engines that consume 14% less fuel compared to the older vessels in the fleet, according to Odfjell.
Bow Orion and sister ship Bow Olympus were named in July this year, as the first two of four vessels the Chinese shipbuilder is to deliver to the shipping company. Odfjell also has two smaller 38,000-dwt vessels on order from the yard.
Also referred to as the Hudong series, the four ships are expected to be delivered by the second quarter of 2020. They will measure 82.88 meters in length, 32.2 meters in width and will have a design draft of 11 meters, as disclosed by the shipbuilder.

Posted On:30-Aug-2019



HaiSea Marine to Build Tugs for LNG Canada Terminal
HaiSea Marine, a joint venture partnership between the Haisla First Nation and Seaspan ULC, has been awarded a contract to build and operate escort and harbor tugs required for LNG Canada s LNG export facility in Kitimat, British Columbia.
The value of the 12-year contract is approximately CAD 500 million (USD 376.6 million).

Posted On:30-Aug-2019



Fincantieri Launches Silversea Cruises Second Muse Ship
Italian shipbuilder Fincantieri has launched Silver Moon, the second of three Muse-class ships to be built for Silversea Cruises.
Silver Moon was launched on August 29 at Fincantieri s Ancona yard and is set to enter the ship owner s fleet in 2020.
Ordered in September 2017 for a reported price of USD 372 million, Silver Moon is a sister ship to the Silver Muse which was christened by the cruise company in April 2017.

Posted On:30-Aug-2019



Kalmar s proven RTG technology selected by DP World for Nhava Sheva International Container Terminal in India
Kalmar, part of Cargotec, is to supply DP World with a total of 15 Kalmar rubber-tyred gantry cranes (RTGs) for the Nhava Sheva International Container Terminal (NSICT) in Mumbai, India. The order, which also includes 24 months of on-site maintenance support, was booked in Cargotec s 2019 Q2 order intake with delivery scheduled to be completed during Q4 2020.

Posted On:30-Aug-2019



Credits: www.bunkerportsnews.com

Chu Lai port welcomes biggest-ever container ship
Chu Lai port, in coordination with the Maritime Administration and Quang Nam Border Guard Force, have recently welcomed SITC HEBEI, the largest and longest container ship to ever berth at the port, with goods it brought from the Republic of Korea.
The Hong Kong-flagged ship is 172 metres in length and has a deadweight tonnage of 22,000 tonnes.

Posted On:30-Aug-2019



Credits: www.bunkerportsnews.com

Drop in Major Incidents in the Port of Singapore
The number of major incidents[1] in the Port of Singapore has dropped over the last 10 years, with fewer than 0.12 major incidents per 100,000 vessel movements in 2018, down from 0.8 in 2009.
Speaking at the fourth International [email protected] Conference held today, Dr Lam Pin Min, Senior Minister of State for Transport and Health, said, "I thank the maritime community for the good work in improving maritime safety. The use of technology and digitalisation can further enhance maritime safety by providing seafarers better access to critical safety-related information and early warning of potential incidents."

Posted On:30-Aug-2019



Credits: www.bunkerportsnews.com
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