Latest News - page 396


Shipbuilding: Steel Cut for New Methanol-Fueled Tanker Stena Pro Patria

Jan 19, 2021

Proman Stena Bulk Ltd confirmed that steel cutting has commenced for its state-of-the-art IMOIIMeMAX methanol-fuelled 49,900 DWT vessel Stena Pro Patria, which is due for delivery in early 2022. Stena Pro Patria will be the first of the three…

SeaTac Marine Boosts Barge Capacity on Alaska Route

Jan 19, 2021

Seattle-based SeaTac Marine Services announced it has acquired a new heavy deck cargo barge. The 2010-built barge can haul up to 11,000 tons and with nearly 30,000 square feet of deck space, making it one of the larger barges in the Pacific cargo trade…

Valmet Tech Enhances Scrubber, Exhaust Gas Recirculation Systems

Jan 19, 2021

Valmet is enhancing emission control with its patented and fully automatic water treatment solution for the marine scrubber system and exhaust gas recirculation system. Valmet Marine Water Treatment system consists of four different modules…

Austal Launches 46m Fully Electric Ferry Design

Jan 19, 2021

Austal Australia launched the VOLTA series of electric-powered high speed ferry solutions, with the introduction of the Passenger Express 46V, a fully electric-powered 46-meter catamaran ferry design.The VOLTA series is distinct in the burgeoning…

Wärtsilä's New CEO to Take Over on Feb. 1

Jan 19, 2021

Håkan Agnevall will take over the position of CEO of the Finnish marine equipment maker Wärtsilä on February 1, 2021.Back in September 2020, Wärtsilä first announced that Agnevall, president of Volvo's bus division, would become its new CEO…

DP World Antwerp Gateway Orders Fleet of Automated Stacking Cranes

Jan 18, 2021

DP World Antwerp Gateway has ordered a fleet of 34 Automated Stacking Cranes for its container terminal in Antwerp, Belgium. The Konecranes Gottwald ARMGs will be an expansion to the current fleet of 20 currently in operation. The first batch will be delivered in Q2 2022…

Baltic Index Drifts Lower as Capesize Rates Weigh

Jan 18, 2021

The Baltic Exchange's main sea freight index dropped on Monday, as weaker rates for the larger capesize segment offset gains in panamax and supramax vessel rates.The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…

Beirut Blast Chemicals Possibly Linked to Syrian Businessmen

Jan 18, 2021

The company that bought the ammonium nitrate which exploded in Beirut last August had possible links to two Syrian businessmen under U.S. sanctions for ties to President Bashar al-Assad, according to a report by a Lebanese journalist and London company filings…

VLSFO Plus Older Engines Can Presents New Maintenance Challenges

Jan 18, 2021

As shipowners mull the pros and cons associated with new fuels to meet tightening emissions rules, Chevron Marine is finding that some ship owners that switched older engines to  very low-sulfur fuel oil (VLSFO) are reporting build-up of red deposits on piston crowns and top edges…

Singapore Prioritizes Vaccinations to Frontline Maritime Workers

Jan 18, 2021

More than 10,000 frontline maritime personnel to receive COVID-19 vaccinations by end of January.In the global seafarer crisis created by COVID-19, Sinagapore has emerged as a world leader in the treatment of seafarers and frontline maritime personnel…

US Imposes Fresh Sanctions on Iran

Jan 15, 2021

The United States on Friday sanctioned companies in Iran, China and the United Arab Emirates for doing business with the Islamic Republic of Iran Shipping Lines and on three Iranian entities over conventional arms proliferation.They are the…

Heddle Shipyards Hires Newcombe as Chief Strategy Officer

Jan 15, 2021

Heddle Shipyards, the largest Canadian ship repair company on the Great Lakes, said it has hired Jared Newcombe as Chief Strategy Officer.Newcombe, an accomplished shipyard executive with over 30 years of experience in the industry, began his…

UK's Portland Port Freezes Tariffs for 2021

Jan 15, 2021

Portland Port has frozen its fees for customers in 2021 after the country has been heavily impacted by the coronavirus pandemic.There had been high hopes that the start of 2021 would see the country starting to return to normal business, however…

Coles Resigns as CEO of Wallem Group

Jan 15, 2021

The board of Wallem Group announced that chief executive Frank Coles has resigned and will be leaving the company shortly.As many will be aware, Coles has been very active in highlighting the plight of seafarers during the COVID-19 pandemic…

Asian Market, Fuel Prices Drive Freight Rates in Valenciaport

Jan 15, 2021

The Valencia Containerized Freight Index (VCFI) of December experienced a growth of 4.19% with respect to the previous month, confirming the trend of the last five months of the year of increased freight rates. The high demand for traffic with…

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