Latest News - page 518

 

Total Lubmarine Opens Chicago Lab

Jun 17, 2020

Total Lubmarine has extended the global reach of its technical support services with the opening of a new Diagomar Plus Laboratory in Chicago, Ill.The new lab opening means the marine lubricant specialist now has five centers around the world – with Chicago joining Ertvelde (Belgium)…

New Report Outlines Big Potential for Offshore Wind

Jun 16, 2020

Offshore wind currently represents just a small piece of the world’s energy supply. But that’s changing faster than ever before as new and existing players look to tap the huge resource potential—and market opportunities—being unlocked by shrinking costs and technological advances…

Djibouti Offers Crew Change Support

Jun 16, 2020

Djibouti announced at the United Nations Monday its readiness to facilitate crew change operations for any ships passing through the Bab el Mandeb strait, with the necessary support provided by the Djibouti Ports and Free Zones Authority (DPFZA)…

Offshore Wind Will Bring Jobs, Growth to New Jersey, Other Coastal States

Jun 16, 2020

NOIA President Erik Milito issued the following statement after New Jersey Governor Phil Murphy announced the creation of the nation's first purpose-built marshalling and manufacturing port dedicated to the offshore wind industry:'New Jersey is making a smart move by betting on offshore wind…

Waterways Council, Inc.’s 2020 Vision

Jun 16, 2020

Waterways Council, Inc. (WCI) is the national public policy organization that advocates for a modern, efficient inland waterways system. Abiding by our mission has meant success over our 17-year history. In 2020, WCI’s top priority is to conform…

Market Insights: Cruise Shipping ... Now What?

Jun 16, 2020

Heading into 2020 the cruise industry was booming. The number of passengers who went on cruises in 2019 was at an all time high, a trend mirrored by the exponential fleet growth since the 1950s. However, COVID-19 caused an industry wide shut down…

Baltic Index Rises to Over 6-month High

Jun 16, 2020

The Baltic Exchange's main sea freight index rose to more than a six-month high on Tuesday, boosted by stronger demand for capesize and panamax vessels.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…

IMarEST Names Lewis Chief Executive

Jun 16, 2020

The Insitute of Marine Engineering, Science & Technology  (IMarEST) has appointed a new chief executive - Gwynne Lewis - who will begin the role on June 29.David Loosley, the IMarEST’s current chief executive, previously announced that he will be stepping down in June of 2020…

COVID-19 Measures Prove Costly for Crewing Sector

Jun 16, 2020

Measures being taken by ship operators in an effort to to ensure the safety of seafarers around the globe and the trade of vital food and supplies amid COVID-19 are proving costly as well as tricky warns a crew specialist.Henrik Jensen of Danica…

NORDEN, Diamond S Partner in Product Tanker Market

Jun 16, 2020

Two of the world’s largest owners/operators of product tankers, Denmark-based NORDEN and U.S.-based Diamond S Shipping, have created a strategic partnership, DiaNor, to facilitate the commercial consolidation of the product tanker industry.Diamond…

Weary Sailors Pose Risk to World Merchant Fleet -Kitack Lim

Jun 16, 2020

Hundreds of thousands of weary seafarers stuck on ships for many months and unable to go home due to the coronavirus pose a risk to the safe operation of the world’s merchant fleet, the UN’s shipping chief said on Tuesday.About 90% of world…

Suez Canal Ship Transits Rise Amid COVID-19

Jun 16, 2020

Transits through the Suez Canal, the beating heart of the Egyptian economy, have stayed remarkably resilient to the fallout of the COVID-19 pandemic if judging by total transits of the three commercial shipping sectors which are up 8% year-on-year…

The Four Dominant Criteria of Yacht Insurance

Jun 16, 2020

It is generally understood that the insurance coverage of a luxurious Yacht can be a headache for her owner, not having the necessary knowledge and sufficient information to make an educated decision with confidence, especially in a changing and challenging international insurance market…

COVID-19 Slams Vehicle Carrier Market

Jun 15, 2020

COVID-19 has hit the vehicle carrier market hard. The world vehicle demand has dropped by c.35%. Consequently, shipping these vehicles has fallen considerably.The only order to take place earlier this year is one from NYK line for a large LCTC for $95 million…

Autonomous ANTX: Seismic Survey Tech and Port Security

Jun 15, 2020

Geophysical seismic surveys and port security may appear to have little in-common. However, it turns out that managing complex marine seismic operations, where 10km-long seismic streamers have to be deployed harmoniously alongside other offshore marine assets…

Logistics News

Port of Corpus Christi: Deep Water and Big Energy

Port of Corpus Christi: Deep Water and Big Energy

Western Russian Ports See Increase in Oil Exports in First Half of May

Western Russian Ports See Increase in Oil Exports in First Half of May

Cocoa Falls to Two-Week Low Alongside Sugar

Cocoa Falls to Two-Week Low Alongside Sugar

The Updated Maritime Labour Convention Highlights the Role of Women at Sea

The Updated Maritime Labour Convention Highlights the Role of Women at Sea

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Ryanair does not expect a rise in summer peak fares but the risk of fuel shortages has receded
FAA claims it did not address warning signals prior to fatal collision
Data from traders and LSEG show that oil exports from Russia’s western ports rose in the first half of May despite drone strikes.