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.: 28-Mar-2018 :. Search News
Displaying 1 to 16 of Records.
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LR Grants Approval for HHI s LNG-Fuelled VLOC
South Korean shipbuilder Hyundai Heavy Industries (HHI) has received approval in principle (AiP) from Lloyd s Register for an LNG-fuelled 250,000 dwt class very large ore carrier (VLOC). HHI has been focusing its efforts on LNG-fuelled ships as part of its plans to meet the market s needs for environmentally friendly shipping, ahead of International Maritime Organization s (IMO) SOx emission limitations from 2020 and increased developments in the global supply of gas.

Posted On:28-Mar-2018



Bulk carrier aground on Western Scheldt
Bulk carrier SBI JAGUAR reportedly ran aground shortly after 0100 CEST Mar 28 on Western Scheldt off Perkpolder, roughly halfway between Antwerp and Vissingen, while proceeding downstream, en route from Antwerp to USA. Judging from AIS, the ship encountered troubled and strayed off course, probably mechanical failure. As of 0730 CEST SBI JAGUAR was still aground, with tugs and pilot boat nearby.

Posted On:28-Mar-2018



Cargo ship RIX MISTRAL aground, Denmark
General cargo ship RIX MISTRAL reportedly ran aground at around 1500 UTC Mar 27 shortly after leaving Nakskov, Llolland, Denmark, bound for Rotterdam. As of 0600 UTC Mar 28 the ship was still aground, according to AIS, with no tugs nearby.

Posted On:28-Mar-2018



Container ship major fire deadly dice game
Container ship PUELO, berthed at Yangshan Deep Water port, Shanghai, in the morning Mar 28 reported inflammable fluid leak from one of the 20 containers on board, understood recently loaded. Watchful crew spotted the leak, alerted authorities and drained spilled fluid with sponge and rags. It was cyclohexane, a colourless, highly flammable liquid, contained in tank or barrel inside container, leaking through faulty valve at some 40 liters per hour rate. Emergency response team dealt with the leak and container, which was offloaded. On photos provided by Shanghai Maritime Bureau dangerous container and leaking tank in it. After China, the ship was to sail to Korea and then to Canada.

Posted On:28-Mar-2018



Port of Oakland All Set for ONE
Californian Port of Oakland doesn t expect any major interruptions in its operation when Japan s newly merged shipping line Ocean Network Express (ONE) arrives at the port s terminals next month, the port officials said yesterday. The Japanese shipping lines currently visit Oakland with eight weekly vessel services and its maiden call is set for the second week of April. That number is not expected to change as they become ONE, the port officials added.

Posted On:28-Mar-2018



U.S. Quadruples LNG Exports in 2017
The United States ramped up its exports of liquefied natural gas (LNG) in 2017, quadrupling the amount of cargo shipped across the globe year-on-year. Namely, U.S. exports of LNG reached 1.94 billion cubic feet per day (Bcf/d) in 2017, up from 0.5 Bcf/d in 2016, data from the U.S. Energy Information Administration (EIA) shows. All of the exported LNG originated from Louisiana’s Sabine Pass liquefaction terminal and reached 25 countries.

Posted On:28-Mar-2018



Alphaliner: Major Capacity Boost Expected in April
An abundance of new service launches will help employ container ship newbuildings and give a further boost to the charter market in April. Alphaliner informed that over the next six weeks more than 60 vessels with a total capacity of 360,000 TEU will be needed to populate the new loops. The most significant additions will be on the Far East - West Coast South America and Far East - Caribbean routes, where next month s complete revamp of the existing carrier partnerships will see the launch of eleven new strings that will replace the current service pattern on nine weekly loops.

Posted On:28-Mar-2018



Apeejay Shipping Expands fleet
Apeejay Shipping Limited, an Apeejay Surrendra Group company, today announced the acquisition of a 76,602 MT DWT Gearless Panamax, Japanese build. The ship has been renamed 'APJ Kabir Anand'. The expansion schedule of Apeejay Shipping has seen the company acquire 3 Gearless Panamax vessels since September of last year and increase its fleet capacity by 2,27,311 MT DWT. This takes the fleet size to 9 with a DWT of 5, 94, 558.
"This is a good time to own quality assets. A positive movement in the freight market due to general increase in demand as a result of growth in world economy and a drop in the supply, freight market is expected to be favourable for the industry in the coming years. 2018 is being projected to end as a strong year for dry-bulk shipping and 2019 is expected to follow suit. We are well poised to take immediate advantage of the positive trend in the dry-bulk market with judicious addition to the fleet with second hand tonnage at good prices. We are keeping our focus on expansion and growth and are on the look out to purchase right vessels at the right time" said Karan Paul, Chairman of Apeejay Shipping.
Apeejay Shipping, one of the leading players in the country today, is constantly augmenting and upgrading its fleet to meet the requirements of global trade. Specializing in dry bulk cargo the fleet comprises a mix of panamax and supramax vessels. Even while expanding fleet, attention has been on maintaining its robustness and trading capacity with average age of vessels within 13.5 years. Currently in operation are APJ Angad 2- 76,602 DWT, APJ Uma Kismat 74,107 DWT, APJ Mahadeva 74,677 DWT, APJ Mahakali 70,296 DWT, APJ Shirin 56,556 DWT, APJ Jai 56,594 DWT, APJ Kais 56725 DWT, APJ Jad 52,461 DWT. The newly acquired panamax, APJ Uma Kismat, for instance, has traded internationally for 16 years; APJ Angad 2 has traded internationally for 13 years and the latest acquisition APJ Kabir Anand has traded internationally for a similar over 13 years and all of these are strategic buys for the Group in the current scenario.
Working towards enhancing value by improving operational efficiencies to reduce turnaround time, Apeejay Shipping has adopted an integrated management system comprising of ISO 9001, ISO 14001, OHSAS 18001 standards for Quality, Environment, Occupational Health & Safety and ISO 50001 standard for Energy management. It is one of the select few Indian shipping companies to do so.

Posted On:28-Mar-2018



Shipping in an era of digital transformation
The digitalization process taking place in every area will also determine the future of shipping. The changes will affect the structures and business models of the industry as well as production. "Shipping will be marked by much greater integration of individual business models, becoming part of overall logistics platforms," said Berenberg economist Dr Jorn Quitzau in the new "Shipping in an era of digital transformation" study put out by the Berenberg private bank and the Hamburg Institute of International Economics (HWWI).
The new technological means to process masses of data and link them intelligently with algorithms make possible an entirely new level of communication and networking. "The ability to centralize decentralized digital information on a digital platform creates great potential for organizing markets efficiently. Large platforms are inserting themselves between suppliers and purchasers, and coordinating their plans. We can expect that there will ultimately only be a few providers of logistics platforms worldwide, and that they will integrate shipping in 360° solutions much more than has been the case until now. Smaller providers, go-betweens and intermediary suppliers will come under increasing pressure," said HWWI Director Professor Dr Henning Vopel.
The networking of vessels and ports is an enormous opportunity for shipping. On both sides this will require retrofitting with high-performance digital infrastructure, glass-fibre data cables and the G5 mobile radio standard, as well as full-coverage use of sensor and satellite data. "Shipping is networking into a complex technological system through the exchange of data and digital platforms. This makes it possible to control and organize logistics chains in real time, reduce waiting times, and predict ship arrivals more accurately," said Quitzau. This increased connectivity opens up the possibility of unmanned shipping at some point in future. But the resulting economic benefits will probably be slight in comparison to those resulting from improved logistics chains, faster routes and more transparent information.
In manufacturing, great structural changes will result from 3D printing technology and the evolution of the smart factory, process automation by algorithms and robots. This will bring with it a major decentralization of production. "Bulker capacity will grow disproportionately. But the container will remain a central element of worldwide freight traffic," said Vopel.
"We expect world trade to remain on a stable growth course long-term, but the long-valid rule of thumb that 'international trade grows twice as fast as the gross world product' is a thing of the past," said Philipp Wünschmann, Head of Shipping at Berenberg. "Shipping is in the midst of a consolidation process. Shipping companies are joining up to form large providers, strategic alliances are being formed."

Posted On:28-Mar-2018



Romanian Seafarers Again Face Uncertainty
This is a historic year for Romania as it observes 100 years of the Great Union. Concerts, events, exhibitions and parades have been planned, and boats representing different regions of Romania will showcase its history and culture in various European capitals. But the pomp and pageantry of the Union Centenary may eclipse a smaller though equally important landmark - Romania s seafarers celebrate 25 years of sailing on the borderless seas since the fall of communism. As anniversaries go, this one is tinged with a touch of skepticism.

Posted On:28-Mar-2018



PH needs more work on maritime security
Defense Secretary Delfin Lorenzana yesterday said the security threat due to the dispute in the South China Sea remains a challenge despite warmer ties with China. Lorenzana made the remarks as he received three additional TC-90 aircraft donated by the Japan Maritime Self-Defense Force during rites held at the headquarters of the Naval Air Group in Sangley Point Cavite City.

Posted On:28-Mar-2018



Container ship and cargo ship collided in Great Belt, fire,
Container ship DELPHIS GDANSK collided with general cargo ship BBC NEPTUNE shortly after 0400 UTC Mar 27 in Great Belt west of Kalundborg, Denmark, while proceeding in opposite directions. Both ship were damaged, one suffered fire. Container ship DELPHIS GDANSK lost some containers. As of 0700 UTC both ships were laying dead in the water near collision site, surrounded by tugs and SAR boats. On a photo BBC NEPTUNE, which is en route from Russia to Sweden. DELPHIS GDANSK is en route from Netherlands to Russia.

Posted On:28-Mar-2018



AMSA Bans Containership from Australian Ports
The Australian Maritime Safety Authority (AMSA) has banned the Liberian-flagged containership MSC Kia Ora from entering or using Australian ports for three months. The move comes after Vega-Reederei, the ship operator, failed to ensure that crew were paid their wages in full and on time, and that critical equipment was maintained, AMSA said.

Posted On:28-Mar-2018



PhilaPort Welcomes Super Post-Panamax Cranes
PhilaPort received its first two super post-Panamax cranes at the Packer Avenue Marine Terminal after their ninety-day journey on board crane vessel Zhen Hua 16 from Shanghai, China. Manufactured by Shanghai Zhenhua Heavy Industries (ZPMC), the new cranes will be 13 feet (4 meters) taller than the neighboring Walt Whitman Bridge with its boom in the upwards position. The cranes were bought by PhilaPort and Packer Avenue Marine Terminal s operator Astro Holdings as part of Governor Tom Wolf s USD 300 million Port Development Plan to increase cargo-handling capacity and efficiency to meet the vessel size growth over the past decade. Each crane has cost USD 12 million.

Posted On:28-Mar-2018



COSCO Shipping Names Another 20,000 TEU Boxship
China s COSCO Shipping Lines has named COSCO Shipping Leo, a 20,000 TEU containership newbuild. The naming ceremony for the giant boxship was held in Nantong on March 22, 2018. Built by Nantong COSCO KHI Ship Engineering (NACKS), COSCO Shipping Leo is the second 20,000 TEU ULCV built by NACKS for COSCO. In addition, it is COSCO Shipping Lines’ third 20,000 TEU-class vessel.

Posted On:28-Mar-2018



New unique cooperation for climate smart shipping launched in Sweden
A new collaboration between six organisations, called "Electromobility for Shipping", intends to promote and enhance shipping electrification, with the aim of a more sustainable future in the maritime sector, is launched in Sweden. The organisations are expected to jointly contribute to climate-smart shipping, international competitiveness and increased export opportunities for green technologies.

Posted On:28-Mar-2018


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