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.: 14-May-2019 :. Search News
Displaying 1 to 11 of Records.
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Stena Line Eyes New Initiatives in Sustainable Shipping
Swedish ferry company Stena Line has described initiatives, improvements and challenges in the operations from the sustainability perspective as well as results on targets in its third sustainability review.
The review titled A Sustainable Journey also highlighted the main initiatives the company has worked on during the past year, which include AI assisted vessels to save fuel, battery power propulsion, huge reduction of single use plastic on board, continued low level of crew and passenger accidents and an increased rate of female leaders.
"The past year we have had exiting developments pairing artificial intelligence with the know-how of our experienced employees on-board as well as increased focus on electrification. We have continued our efforts within crew and passenger safety as well as launched a new initiative for more diversity in our operations," Niclas Martensson, Stena Line CEO, said.
Stena Lines sustainability strategy is divided into five focus areas tied to the UN Global Goals for sustainable development with ambitious targets set in each focus area. These are equality & inclusion, good health & wellbeing, clean energy, responsible consumption, life below water.
"Our industry has a big challenge with our fossil dependence and our total carbon emissions increased in line with freight volumes so we have more to do in this area. The initiatives started within electrification are relatively new to our industry but extremely important going forward as we gradually move to low-carbon operations," said Erik Lewenhaupt, Head of Sustainability, said.

Posted On:14-May-2019



DSME Wins Its Fifth LNG Carrier Order This Year
South Korea s Daewoo Shipbuilding & Marine Engineering has received an order for a 174,000 cubic meter LNG carrier, the shipbuilder confirmed on May 14.
Under the contract, received from an undisclosed Oceania shipowner, the vessel would be constructed at DSME s Geoje Okpo shipyard.
The shipyard is scheduled to deliver the LNG carrier, which is DSME s fifth gas order this year, in the second half of 2021.
So far in 2019, the Korean shipbuilding major secured an orderbook of 14 units with a value of USD 2.5 billion, representing 30% of its order target for this year.
Apart from the five LNG carriers, the currents orderbook includes six crude oil carriers and three submarines.

Posted On:14-May-2019



IMO Members Urged to Reduce Shipping s Black Carbon Emissions
The Clean Arctic Alliance (CAA) has called on IMO member states to reduce the impact of black carbon emissions from international shipping on the Arctic environment.
The non-governmental organization pointed to the issue as the IMO gathers in London for a meeting of its Marine Environmental Protection Committee (MEPC74).

Posted On:14-May-2019



US Sanctions Two Tankers, Owners for Venezuela Ties
The U.S. Department of the Treasury has blacklisted two vessels, which transported oil from Venezuela to Cuba, and their respective owners.
The ships in question are the crude oil tanker Ocean Elegance and the chemical and oil tanker Leon Dias. Both vessels delivered crude oil from Venezuela to Cuba from late 2018 through March 2019.

Posted On:14-May-2019



International Seaways Benefits from TCE Rates Revival
The US-based tanker shipping company International Seaways reported a profitable first quarter of this year, positively impacted by higher TCE rates.
Net income for the first quarter of 2019 was USD 10.9 million, compared to a net loss of USD 29.3 million seen in the corresponding quarter of 2018.

Posted On:14-May-2019



Panama Canal Welcomes Its Largest LNG Tanker to Date
Less than three years since its inauguration, the Expanded Panama Canal welcomed Qatargas Al Safliya, the first Q-Flex and the largest liquefied natural gas (LNG) carrier to ever transit the waterway.
The tanker, which has an overall cargo capacity of 210,000 cbm of LNG, transited northbound from the Pacific to the Atlantic Ocean on May 12, 2019.

Posted On:14-May-2019



New venture to enhance multimodal transport options at Shanghai Port
A joint venture focusing on multimodal transport is being established this month at the port of Shanghai, as part of efforts to increase transport efficiency and lower carbon emissions, according to a top company executive.
Sea and rail transport should have played a greater role in container shipping. But it has grown slowly due to the insufficient railway network at Shanghai s major port area of Waigaoqiao and Yangshan.

Posted On:14-May-2019



Credits: www.bunkerportsnews.com

Port Of Wilmington Takes Delivery Of New Cargo Handling Equipment
GT USA Wilmington, the US arm of Gulftainer, the world s largest, privately owned, independent ports and logistics company, has taken delivery of three fully electric and eco-friendly 45-ton reach stackers from KoneCranes Inc. This delivery is part of a larger order, which includes nine 41-ton Rubber Tired Gantry (RTG) cranes, and is part of the $500 plus million investment into the Port of Wilmington and a new container terminal development at Edgemoor.

Posted On:14-May-2019



Credits: www.bunkerportsnews.com

Kaduna Dry Port Opens New Opportunities for Businesses, Says FG
The federal government has stated that with the commencement of cargo delivery by rail to the Kaduna Inland Dry Port, a new vista of commercial opportunities has been opened not only for northern businessmen, but also neighbouring countries.
The Minister of Transportation, Mr. Chibuike Rotimi Amaechi, said this while inaugurating the port in Kakuri, Kaduna state.

Posted On:14-May-2019



Credits: www.bunkerportsnews.com

Kalmar to extend AutoRTG system at Dublin Ferryport Terminals to further improve operational efficiency
Kalmar, part of Cargotec, has concluded an agreement with Dublin Ferryport Terminals (DFT) to extend the Kalmar AutoRTG system at the terminal with two new AutoRTG cranes. The order was booked in Cargotec’s 2019 Q2 order intake, with delivery of the machines scheduled to be completed during Q2 of 2020.

Posted On:14-May-2019



Credits: www.bunkerportsnews.com

Sharjah Container Terminal welcomes M.V. MAG Pearl
Gulftainer has announced that it welcomed M.V. MAG Pearl from MAG Container Lines (MCL) on a maiden call at its flagship gateway, Sharjah Container Terminal (SCT), marking the port operator s third new service within the first quarter of 2019.
The M.V. MAG Pearl offers a direct service between Sharjah s Port Khalid and the Port of Abu Al Fulus in Iraq, contributing to the strengthening of business links between the two regional trade hubs.

Posted On:14-May-2019



Credits: www.bunkerportsnews.com
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