Latest News - page 215

 

deugro Completes Heavy Lift Move for FPSO Project in China

Dec 11, 2023

deugro reports that it has delivered a 15.8 x 13.2 x 17.2-m, 392-metric ton CO2 removal system from Rizhao to the COSCO Shipyard Qidong, China.The journey began in Rizhao, China and concluded at the COSCO Shipyard Qidong, spanning a domestic…

Data Collaboration Demands ‘Systemic Shift’ in Shipping

Dec 11, 2023

Shipping’s journey of digital transformation is as much about cultural change - from the boardroom to onboard vessels - to adapt to new ways of working with data collaboration at the core as it is about technology adoption, according to a new Bureau Veritas-backed research study…

Jifmar Acquire Acta Marine Workboat Business

Dec 11, 2023

Jifmar Offshore Services and Acta Marine have concluded an agreement where Jifmar will acquire all workboat activities of Acta Marine, a deal with includes all 26 workboats, the crews (200 employees), the Netherlands based organisation and all existing contracts…

ABS' Wiernicki Tells COP28: Safety is a Catalyst for Decarbonization Innovation

Dec 11, 2023

“Safety is not merely a box to check but a dynamic force shaping the trajectory of our industry. It acts as both a boundary condition, defining the limits within which we operate, and a catalyst for change, propelling us toward innovative solutions…

US LNG Exports Through Panama Canal Shrink, Asia-Europe Spreads Widen

Dec 08, 2023

The number of U.S. liquefied natural gas (LNG) vessels transiting the Panama Canal to Asia halved in November compared with a year ago as Asia prices for the gas this week traded at their steepest premium to European prices in nearly two years…

OpEd: Shipping Seeks Safe Waters in Era of Deadly Geopolitics

Dec 08, 2023

As tankers, car-carriers and other merchant vessels pass through the Malacca Strait, unlit fishing boats criss-cross the shipping lanes at night, making it one of the most challenging sea areas of the world to transit, even during peacetime…

Bangladesh Puts to use China-built Crude Oil Offloading Facility

Dec 08, 2023

Bangladesh started in recent days a large crude oil receiving and offloading facility built by China that allows the south Asian oil importer to significantly reduce the cost of shipping in crude oil.The single-point mooring facility at Chattogram port last Sunday offloaded 82…

Maersk to Deploy First Large Methanol-Enabled Vessel on AE Trade

Dec 07, 2023

A.P. Moller - Maersk is about to launch the first of its 18 large methanol-enabled vessels currently on order. On February 9, 2024, it will enter service on the AE7 string connecting Asia and Europe, which includes port calls in Shanghai, Tanjung Pelepas…

Structural Safeguards in Coast Guard Suspension and Revocation Proceedings

Dec 07, 2023

This article examines 10 structural safeguards in Coast Guard Suspension and Revocation (S&R) Proceedings that ensure Coast Guard Administrative Law Judge (ALJ) decisional independence.  These safeguards separate potential agency influences…

Market Watch: Container Freight Rates Fall, Costs Soar

Dec 07, 2023

'So far this year, container volumes have fallen nearly 2% year-on-year while average freight rates have declined, reaching 2019 levels in September. Since then, they have continued to fall. However, the cost to charter a ship remains 25% higher than in 2019…

ClassNK AIP for MARIC's Alternative Fuel Vessels

Dec 07, 2023

ClassNK issued Approvals in Principle (AiPs) for four ship designs developed by Marine Design & Research Institute of China (MARIC).The four designs include:a 210k methanol dual-fueled bulk carrier, a 210k ammonia dual-fueled bulk carrier, a 210k LNG dual-fueled bulk carrier…

Maersk debuts Israel Shipments Surcharge to Cover Insurance

Dec 07, 2023

A.P. Moller-Maersk said it will introduce a risk surcharge next year on container shipments to Israel to cover rising insurance premiums due to the security situation.'Moving into 2024, insurance premiums continue to be raised for vessels bound for Israel…

Port of Oakland Names Colleen Liang Environmental Director

Dec 06, 2023

The Port of Oakland has appointed Colleen Liang as its new Director of the Environmental Programs and Planning (EP&P) division. Liang joined the port in 2000 and has served in every environmental position, most recently as Acting Director of EP&P…

New Ship-to-shore Container Gantry Cranes Arrive at Port Everglades

Dec 06, 2023

This week, Port Everglades received three additional Super Post-Panamax container gantry cranes as part of the port's $471 million project to expand its deepwater turn-around area for cargo ships. The ship-to-shore container gantry cranes are among the world's largest low-profile cranes…

DP World Targets 60% Renewable Power at Indian Terminals by 2026

Dec 06, 2023

Emirati multinational logistics company DP World announced a new sustainability target in India, aiming for at least 60% of the energy required at its terminal operations to come from renewable power sources by 2026—a mirror of the Indian government's…

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