Latest News - page 180


China's Coal Seaborne Imports Surge 73%

Jun 28, 2023

“Despite China’s strategy of pursuing increased domestic coal production, which has meant that year-to-date production stands 5.8% higher than last year, its seaborne imports of coal have nevertheless surged 73% y/y so far,” said Niels Rasmussen…

LNG Bunker Carrier Paolina Cosulich Launched

Jun 28, 2023

Fratelli Cosulich Bunkers (S) Pte Ltd. christened and launched its second Small Scale LNG carrier - the Paolina Cosulich - at the CIMC SOE shipyard in China.The event  was attended by Diana Mok - Managing Director at Fratelli Cosulich Bunkers (S) Pte Ltd…

Engine Air Compression System Boosts Fuel Efficiency 3-6%

Jun 28, 2023

NYK will install a variable compression ratio system (VCR system) on two large LNG-fueled coal carriers to be built at Oshima Shipbuilding. The vessels are scheduled to be delivered by the end of 2025, and NYK reports this will be the first time for VCR systems to be installed on vessels…

AiP for Aurelia's Bulk Carrier "Green Retrofit" Solution

Jun 27, 2023

RINA awarded an Approval in Principle (AiP) for a green retrofit package solution designed by Aurelia, in partnership with Econowind, Wattlab and Vertom, aimed to meet CO2 reduction targets in compliance with CII. The retrofit package can be…

Port of Redwood City Names Coats Director of Operations

Jun 27, 2023

The Port of Redwood City announced that Christie Coats has joined its executive leadership team as director of operations, effective June 12.  Coats will have a wide range of responsibilities related to the port’s daily activities, including…

Report: Gulf-to-Europe Hydrogen Pipeline Feasible

Jun 27, 2023

RINA and Consultant AFRY have undertaken an initial study of how the Gulf region and Europe could be linked directly with a pipeline to transport low-carbon hydrogen. The results indicate a transformative opportunity to unlock the Gulf's immense…

Armstrong Joins WCI in Government Relations Role

Jun 26, 2023

Jen Armstrong joins Waterways Council, Inc. as Director, Government Relations.She joins Dustin Davidson in this role for WCI.Armstrong was most recently Director of Navigation Policy and Legislation for the American Association of Port of Authorities (AAPA)…

Canada Clamps Down on Cruise Liners Dumping Sewage

Jun 26, 2023

Canada on Friday banned cruise ships from dumping sewage and dirty water close to shore, and said it would impose fines of up to C$250,000 ($190,000) for offending vessels.A range of anti-pollution measures introduced on a voluntary basis in April 2022 will become obligatory with immediate effect…

Taylor Named Austal USA COO for Transformation

Jun 26, 2023

Austal USA promoted Christy Taylor to the newly established position of Chief Operating Officer for Transformation. She will report to Austal USA president Rusty Murdaugh, and oversee Human Resources, Production Control, IT and Supply Chain…

Global Container Freight Stuck in Doldrums

Jun 26, 2023

Global trade remained in the doldrums during the second quarter as China’s post-lockdown rebound proved slower than expected and was offset by continued weakness in North America and Europe.Seasonally-adjusted trade volumes were no higher in…

Carrix to Acquire Ceres Terminals

Jun 26, 2023

Marine terminal operator Carrix announced it has agreed to purchase Ceres Terminals from Macquarie Infrastructure Partners III, a fund managed by Macquarie Asset Management. Financial terms of the transaction were not disclosed.Ceres was established…

Ullbro Named CEO of Evac Group

Jun 26, 2023

Evac Group appointed Björn Ullbro CEO effective July 1, 2023, taking over alongside his current role as the President of Evac Business Line. With more than a decade of experience in the maritime industry, Ullbro has brought a wealth of knowledge to Evac Group after joining the company in late 2021…

Panama Canal Postpones Depth Restrictions after Much-needed Rain

Jun 26, 2023

The Panama Canal will postpone depth restrictions that were set to affect the largest ships crossing the key waterway, the canal authority said, after much-needed rain provided relief to the strained maritime passage.A series of measures were…

Maritime Transport in 2040: How FutureTechnologies Will Impact Seafarers

Jun 26, 2023

On 26 June, the International Transport Workers’ Federation (ITF) and the World Maritime University (WMU) launched a flagship report entitled, Transport 2040 - Impact of Technology on Seafarers - The Future of Work, during the International…

U.S. House Committee Green-Lights Strong Funding - WCI

Jun 23, 2023

The House Committee on Appropriations approved by a vote of 34-24 the Fiscal Year (FY) 2024 Energy and Water Development (E&W) Appropriations Bill. Included in the bill are Community Project Funding (CPF) requests for Inland Waterways Trust Fund (IWTF) construction projects…

Current News

Russian Oil Freight Rates to India Ease Further With Increased Tanker Availability

Russia Grain Exports Plummet 63%

Singapore Ship Bunker Sales hit 16-month High

Unresolved Issues Plague Vietnam-US Trade Talks

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