Latest News - page 415


OMNI Launches Asset Integrity Management Software

Nov 10, 2020

OMNI (an ICR company) launched a new digital full lifecycle asset integrity management solution designed to enable companies to manage, predict, plan and optimize their asset integrity management programs. Unique features built throughout the software include automation…

Partners Aim to Help Shipowners Meet Hazardous Materials Regulations

Nov 10, 2020

Maritime and offshore specialist IT firm SRO Solutions is launching a new partnership with international inspection agency SGS and maritime digitization specialist NautilusLog to help shipowners meet this year’s Inventory of Hazardous Materials (IHM) deadline…

ABS Launches Infectious Disease Mitigation Notation

Nov 10, 2020

A new notation and new guidance launched by ABS amid the COVID-19 pandemic aims to help marine and offshore operators reduce transmission of disease, the classification society said Tuesday.The ABS Guide for Mitigation of Infectious Disease…

Phantom Buyers in Russia, Advice from Iran Help Venezuela Skirt Sanctions

Nov 10, 2020

On Aug. 21, a tanker called the Otoman docked at the Jose oil terminal on Venezuela’s coast in the Caribbean to load 1.82 million barrels of heavy crude, according to the state oil company’s internal documents.Yet no tanker with that name is registered in major global shipping databases…

LNG to FSU Conversion Completed at Sembcorp

Nov 10, 2020

Ship managers Synergy Group converted a 1992-built, 126,000 cubic meters capacity Liquefied Natural Gas (LNG) carrier into a Floating Storage Unit (FSU). The conversion was performed at Sembcorp Marine’s Admiralty Yard in Singapore.Synergy will manage…

Argentina Grains Port Workers Strike Over Wages

Nov 09, 2020

Argentine grain port workers launched surprise strikes to protest stalled wage talks, their labor union said on Monday, delaying shipments from one of the world's top exporters.'We are going to make surprise halts as much as we consider it necessary…

Report Highlights Regulators' Failure to Protect Seafarers

Nov 09, 2020

Seafarers are left unprotected by systemic failures in the implementation of the regulatory regime for work and rest hours at sea, a newly published report finds.The World Maritime University's (WMU) new report,  'A Culture of Adjustment', by Dr…

JAXPORT Hires Collins as Security Director

Nov 09, 2020

The Jacksonville Port Authority (JAXPORT) announced Monday that retired United States Coast Guard (USCG) Captain Dwight Collins has joined the port as Director of Public Safety and Security.Captain Collins directs all law enforcement, physical security…

China October Iron Ore Imports Dip

Nov 09, 2020

China’s iron ore imports slipped 1.7% in October from a month earlier, but still hovered well above 100 million tonnes, official customs data showed on Saturday, propped up by firm demand at Chinese mills and shipments from major miners.The world’s top iron ore consumer imported 106…

Baltic Index Edges Higher on Stronger Capesizes Rates

Nov 06, 2020

The Baltic Exchange's main sea freight index, which tracks rates for capesize, panamax and supramax vessels, edged up on Friday on stronger rates for the capesize vessel segment.The Baltic dry index was up 2 points, or 0.2%, at 1,196.However…

Bunker Demand Returns to Pre-pandemic Levels

Nov 05, 2020

Asian refiners' profit from producing very low sulphur fuel oil (VLSFO) climbed to six-month highs this week as output cuts keep supplies tight while demand for the shipping fuel at most ports are back at pre-pandemic levels, traders and analysts said…

ONE to Launch New Europe-West Africa Service

Nov 05, 2020

Singapore-based container line Ocean Network Express (ONE) is to launch a new weekly Europe - West Africa Service (EWX) commencing in February 2021.ONE said the port rotation is subject to change, but is currently planned as follows: Hamburg…

ABS Reaches an IHM Century with Seaspan

Nov 05, 2020

Classification society ABS reports it has scheduled its 100th Inventory of Hazardous Materials (IHM) Certification for Seaspan Ship Management, 98% of which are remote surveys.ABS says it is on course to ultimately certify more than 100 vessels…

Oil Tanker Transits Through the Suez Canal Drop 27% YOY -BIMCO

Nov 05, 2020

The number of oil tankers passing through the Suez Canal in October has declined sharply, down 27% for the month year-on-year amid persisting subdued demand for oil transport since the April crash in oil prices that fueled high demand for oil tankers…

Norwegian Shipyard Downsizes, Flips Focus to Repair and Service

Nov 05, 2020

One Norwegian shipyard has opted to focus on ship repair and service versus newbuild -- and downsize too -- to ride out COVID-19 and its impact on the world economy.New Havyard Ship Technology announced that it will restructure its operations…

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