Latest News - page 391

 

Stronger Rates Lift Baltic Index to Three-month Peak

Jan 12, 2021

The Baltic Exchange's main sea freight index rose to its highest since October last year as capesize rates continued to firm.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was up 88 points, or 5%, to 1,849…

China Energy Terminals on Alert as Sea Ice Slows Ships

Jan 12, 2021

Chinese ports and marine safety authorities are on high alert as an expansion of sea ice makes it tougher for ships to berth and discharge at key energy product import terminals along the coast of northern Bohai Bay.A cold wave sweeping the…

Nor-Shipping Postponed to January 2022

Jan 11, 2021

Nor-Shipping has postponed its planned exhibition and activity program for June 2021, pushing the event back to January 10-13, 2022, organizers announced. The maritime trade fair is the latest in a string of international shipping events to be postponed or canceled due to the COVID-19 pandemic…

Lloyd’s Register Names Members of Its Decarbonization Panel

Jan 11, 2021

Classification society Lloyd’s Register (LR) announced the industry experts who have joined the advisory panel of its Maritime Decarbonization Hub, a dedicated center of excellence launched in October that aims to accelerate the safe, sustainable…

UltraShip to Install Wärtsilä FOS Across Its Fleet

Jan 11, 2021

Wärtsilä said its Fleet Operations Solution (FOS) will be employed by UltraShip for the Denmark-based shipowner's entire fleet of 18 liquefied petroleum gas (LPG) carrier vessels.The solution by Wärtsilä Voyage is designed to save costs while…

Baltic Index Extends Rally on Surging Chinese Coal Shipments

Jan 11, 2021

The Baltic Exchange's main sea freight index climbed about 10% to its highest level in three months on Monday as soaring coal demand from China continued to power capesize rates higher.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels…

SSY Publishes Shipping Outlook for 2021

Jan 11, 2021

After a highly volatile 2020, shipbroker Simpson Spence Young (SSY) looks at the next 12 months and highlights areas of particular interest in their 2021 Outlook Report.  The report looks at various drivers of the shipping markets, including…

Gambia Seizes Huge Cocaine Haul from Shipping Container

Jan 11, 2021

Gambian authorities seized nearly three tonnes of cocaine from a shipment of industrial salt originating in Ecuador, a spokesman said on Friday, in one of the largest ever busts in West Africa.The 118 bags of cocaine were discovered on Thursday…

Scotland's Seafood Exporters Dealt New Post-Brexit Blow

Jan 11, 2021

The post-Brexit woes facing Scotland’s fishing industry deepened on Saturday as its biggest logistics provider, DFDS Scotland, said it would halt exports to the European Union through one of its main services until at least Wednesday.Previously…

Tech Files: Breathing New Life into Old Port Cranes

Jan 11, 2021

Retrofits of new features into existing ports cranes can produce operational efficiency and safety gains not included on cranes delivered 15-20 years ago, including Ship-to-Shore (STS) Rubber Tyred Gantry (RTG) and Rail Mounted Gantry (RMG) types…

UK Ports Tap Geospatial Data to Help Solve Transport Challenges

Jan 11, 2021

The SpacePort project, funded by the Geospatial Commission and Innovate UK, will explore how novel geospatial systems can streamline port operations, improving efficiency and tackling societal disbenefits.SpacePort brings together marine sector specialist Marine South East…

Crowdfunding Helps to Keep Historic, 148-Year-Old Clyde-built Boat Afloat

Jan 11, 2021

The Scottish Maritime Museum’s 'Keep the Kyles Afloat' campaign was made possible by the #SupportOurMuseums initiative through which Crowdfunder UK and the Museums Association provide free a Crowdfunder platform to support museums as they face the huge challenges of the Coronavirus pandemic…

Training Tips for Ships - Tip #20: Training in the Age of Data

Jan 11, 2021

As we greet 2021, it seems fitting to address a “big” topic - a topic that is ultimately going to change everything, including (and perhaps especially) training. The topic is “big data”. The goal  of today’s Training Tip for Ships is to get us thinking about big data in training…

Hamworthy Names New CEO

Jan 11, 2021

Singapore-based marine and offshore pump manufacturer Hamworthy Pumps has appointed Hans Christiaan Laheij, 48, as its new CEO.The new CEO will join the company on January 15, 2021. He has recently worked with German propulsion specialist Schottel in the position of Deputy CEO & President Marine…

Ireland: Large Fire at Port of Cork Under Control

Jan 11, 2021

Firefighters have brought a large fire at the southern Irish port of Cork under control and no casualties were reported, the port authority, which recently started offering more 'Brexit-proof' direct sailings to mainland Europe, said on Saturday…

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