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Wednesday, October 16, 2019

Industry News

Paul Shrieve (Photo: BVS)

BV Calls for Higher Ship Recycling Standards

Bureau Veritas Solutions Marine & Offshore is encouraging the shipping industry to embrace higher standards in ship recycling and offering its guidance to help meet the challenge of compliance. BVS, with a network of trained experts world-wide, provides ship owners, ship managers and ship recycling facilities with a full scope of services to support compliance. This is both during the operational life of a vessel and through the end-of-life phase, in order to enable all parties…

Caption: Accumulated container volumes on the Far East – Europe trade lane are up 4.6% y-o-y. The CCFI has fallen to an index level of 987, down -9% from the same period last year. 2 (Chart: BIMCO)

BIMCO’s Sand to Offer Boxship Insight in Athens

BIMCO’s Chief Shipping Analyst, Peter Sand, will be speaking and providing the audience with unique insights on the container market at the European Shipping Seminar on November 27, 2019 in Athens, Greece.The European Shipping Seminar, hosted by S&P Global Platts, will discuss the various topics relating to the commercial shipping markets and take a deep dive into how the shipping industry will navigate its way through the uncertain environment of the IMO 2020 Sulphur Cap.Container shipping outlookBIMCO has persistently stressed that trade wars and protectionism are negative for shipping.

Image: DFDS

DFDS Selects NaturaLINE Refrigeration Units

Danish international shipping and logistics company DFDS Logistics said that it is purchasing 50 Carrier Transicold NaturaLINE units, which claimed to be the industry’s only natural refrigerant-based container refrigeration system.Carrier Transicold is a part of Carrier, a leading global provider of innovative heating, ventilating and air conditioning (HVAC), refrigeration, fire, security and building automation technologies.The NaturaLINE units use carbon dioxide, also known as R-744, a non-ozone depleting refrigerant with an ultra-low global warming potential (GWP) of 1.

Photo: PIB

India to Develop 204 Minor Ports

The government of India will put in place a comprehensive plan to develop 204 minor ports in the country in the next six months to boost coastal shipping and inland waterways, Union Minister Mansukh Mandaviya said. These minor ports will be developed so that it can support 12 major ports in India. Small cargo will reach to major port from minor ports and boost EXIM cargo, the minister said.All these ports have been centers of maritime activity in the past, and if revived, they can once again become important centers of sea trade.

Pic: MOL

MOL, Tohoku Trial Hard Sail on a Coal Carrier

Mitsui O.S.K. Lines (MOL) and Tohoku Electric Power have announced that they intend to move ahead with a joint study to install the Wind Challenger telescopic hard sail system on a coal carrier.MOL said that the two companies have been studying the feasibility of using the Wind Challenger on ships carrying coal to Tohoku Electric’s thermal power plants and it was recently confirmed that a Wind Challenger-equipped vessel would be 'acceptable' in the port facilities serving the plants.Wind Challenger is a telescoping hard sail to convert wind energy to propulsive force…

Dr. Catherine Warner, Director, NATO CMRE. Photo: CMRE

Interview: Dr. Catherine Warner, Director, NATO CMRE

At CMRE, it’s not just about the science. It’s about building trust and confidence in resilient systems. An interview with Dr. Catherine Warner, Director, NATO Center for Maritime Research and Experimentation, La Spezia, ItalyTell us a little about yourself and CMRE. What does CMRE do, and how do you see your mission evolving?I came here from the Pentagon, where I was the science advisor for the director of operational test and evaluation. My experience has been working with operators on systems that they’re getting ready to field.

© denisismagilov/Adobe Stock

Cyber Hack: Fortifying Maritime, Port Security

The United States Coast Guard Marine Safety Alert 06-19 (USCG MSA 06-19) outlines a February 2019 incident aboard a deep draft commercial vessel that called on the Port of New York / New Jersey after experiencing a significant cyber incident that impacted their shipboard network. The Safety Alert stated in part:“An interagency team of cyber experts, led by the Coast Guard, responded and conducted an analysis of the vessel’s network and essential control systems. The team concluded that although the malware significantly degraded the functionality of the onboard computer system…

Image: Grandweld

Grandweld Shipyards Completes 35 Years

Grandweld, a fully integrated shipyard providing shipbuilding, ship repair, and engineering solutions to serve the offshore and marine industry, has celebrated its 35th anniversary, which marked their continued excellence since its inception in 1984.The ceremony was attended by major industry key players, who have trust in the company’s outstanding deliveries and designs. Grandweld owns the most selling vessels, selling more than 60 Crew Boats of its GW42M design.In addition, the company employs over 800 professional engineers and technicians in shipbuilding and maintenance…

Image: Hudson Shipping Lines

Hudson Shipping Joins Trident Alliance

United States based commodities trader Hudson Shipping Lines (HSL) became a member of the Trident Alliance as part of the company’s ongoing ‘green’ initiatives.The shipping company is increasing its commitment to cleaning up the shipping industry in conjunction with two environmental organizations. Hudson has recently joined the Trident Alliance as a member.“The shipping industry has a tremendous opportunity to improve its impact upon the world with the IMO 2020 sulfur cap. Hudson…

Image: Qatar Petroleum

Korean Shippers Jointly Pitch for Qatari LNG Newbuilds

Five South Korean shipping companies - Korea Line, Pan Ocean, SK Shipping, Hyundai LNG Shipping and H-Line Shipping -  could partner up to secure liquefied natural gas transportation services for Qatar’s LNG production capacity expansion project.Qatar Petroleum is expected to put up shipping contracts for at least 40 LNG carriers by the end of the year for its North Field Expansion project, which aims to increase the nation’s LNG production capacity from 77 million tons to 110 million tons per annum starting in 2024.According to Yonhap, the Qatari state-run company will need an additional 60 L

Pic:  International Maritime Organization (IMO)

Australia Hosts GloFouling Event

The GEF-UNDP-IMO GloFouling Partnerships project has concluded its inaugural Research and Development Forum and Exhibition on Biofouling Management, in Melbourne, Australia (1 to 4 October).Bringing together experts, regulators and industry representatives to discuss the latest advances in research, regulations and technologies related to marine biofouling across all maritime sectors, this is set to become the project’s biennial “signature event”.Over 170 participants and 40 speakers took part in a program that focused on how biofouling affects different maritime industries…

Photo: AIDA Cruises

AIDA Cruises to Pilot Trial of Fuel Cell System

Carnival Corporation announced its Germany-based brand, AIDA Cruises, has partnered with leaders from the maritime and engineering sectors to pilot the world’s first fuel cell system designed to power large passenger vessels. As early as 2021, AIDA Cruises will trial this innovative fuel technology on AIDAnova, becoming the cruise industry’s first brand to trial fuel cells on a large cruise ship.The research project, named “Pa-X-ell2,” is designed to develop fuel cells that are powered by hydrogen derived from methanol…

Photo: Danfoss

Danish Suppliers Facilitate Sustainable Transport

The global shipping industry is facing requirements for substantial reductions in emissions and for creating a more sustainable transport in order to meet UN’s Sustainable Development Goals. At Kormarine 2019, 15 Danish suppliers of marine technology and services will be exhibiting their solutions that can help shipowners accelerate the move towards sustainability. According to Mark Lerche, Head of Marine, Danish Export Association, organizer of the Pavilion of Denmark at Kormarine 2019…

Bird's-eye view of the Asaka Maru using "FlyingView". Image: MOL

MOL Trials 360 Birds-Eye-View Tugboat

Japanese shipping line Mitsui OSK Lines (MOL) collaborated with Oki Electric Industry (OKI), to launch a joint study on the use of OKI's bird's-eye view monitoring system to monitor a 360° field of view around a tugboat.The system was installed on the tugboat Asaka Maru and a preliminary experiment was conducted, said a press release.As a tugboat approaches a large vessel for assistance, only a small part of the vessel's hull can be seen from tug's bridge, and therefore, the tugboat…

Pic: Hapag-Lloyd

Hapag-Lloyd Opens New South Europe HQ

German cargo container shipping line, Hapag-Lloyd AG, officially opened its headquarter for the new region.CEO Rolf Habben Jansen presented the keys of the office complex in Genoa (Italy) to the new Senior Managing Director Juan Pablo Richards.During the opening event, Habben Jansen explained the motivation to create a new region: “After our merger with UASC in 2017 the Mediterranean region has gained more importance for us. That's why we are eager to bolster our competitive position…

AdobeStock / © Jose Gill

U.S. Sanctions Bite; Traders Shun 300 Tankers

Nearly 300 oil tankers globally have been placed off limits as companies fear violating U.S. sanctions against Iran and Venezuela, driving freight rates to new highs, industry sources said.The move has taken roughly 3% of the global oil tanker fleet out of the market, according to industry sources and data on Refinitiv Eikon, sending rates soaring to secure tankers to ship oil, particularly to Asia."Freight rates are going through the roof and people are getting very nervous with the cost of shipping…

AdobeStock / © Kasto

CNOOC Seeks Replacements for Sanctioned COSCO LNG Tankers

China National Offshore Oil and Gas Company (CNOOC) is on the hunt for liquefied natural gas (LNG) tankers to charter, several industry sources told Reuters, looking to replace ships it had previously hired that are linked to a Chinese company sanctioned by the United States for allegedly transporting Iranian oil.The company, COSCO Shipping Tanker (Dalian), is one of four Chinese firms on which the Trump administration imposed sanctions on Sept. 25, in what it described as the biggest sanctions taken by the U.S.

Photo by Global Energy (Group) Limited

Global Energy Takes Over Nigg Oil Terminal

Global Energy Group has reached an agreement with Repsol Sinopec Resources UK to take over the long-term operation of the Nigg Oil Terminal jetty under a new lease with Crown Estates Scotland.Since cessation of production from the Beatrice oil field, Repsol Sinopec has been exploring reuse options for the facilities at Nigg Oil Terminal, including the jetty.Under the agreed deal, the jetty will be operated as an extension to the Port of Nigg which has already established itself as a leading deep-water port servicing oil and gas…

Pic: Huntington Ingalls Industries

HII Expands Shipbuilder Academy Program

America’s largest military shipbuilding company Huntington Ingalls Industries (HII) said that its Ingalls Shipbuilding division hosted a ribbon-cutting ceremony on Tuesday for its new Shipbuilder Academy site in Gulfport.Shipbuilder Academy was established in 2016 at Ingalls’ Maritime Training Academy with a mission to provide enrolled students with a strong foundation in the maritime industry and fill the current industry skills gap.Through a partnership with the Gulfport School District…

New Online Marine License Insurance Program

Mariners looking for insurance have a new option that is touted as being fast and affordable, cared for immediately in an online format that is designed to be more expedient than ever.360 Coverage Pros launched a new Marine License Insurance Program for mariners that offers an entirely online buying experience combined with low monthly payment options and instant proof of coverage.Until now, the process of securing a marine license insurance policy involved requesting quotes,…

Karno Tenovuo, CEO, Awake.AI (Photo: DIMECC)

ONE SEA Adds Awake.AI to Autonomous Ecosystem

ONE SEA, an industry alliance bringing together leading exponents of autonomous ship technology, has made a significant addition to its growing membership, after signing up Awake.AI - a company led by an experienced team of maritime digital innovators.Awake.AI is aiming to create a new platform and ML models (Machine learning) based on transparent data sharing to break down the barriers between ships, ports and other actors in the maritime logistics chain. The ‘virtual infrastructure’ will be vital if ports are to handle autonomous ships successfully from pre-arrival…

Graph: BIMCO

BIMCO Offers Bunker Fuel Price Monitoring

BIMCO has developed a monitoring service for bunker prices, with data provided by MABUX, which is now available to all BIMCO members. The new interactive graphs allow price fluctuations in the major bunkering hubs of Singapore and Rotterdam to be tracked. They will show the bunker prices for 380cST HSFO (high sulphur fuel oil) and MGO LS (marine gas oil low sulfur), both in USD per metric ton, as well as the spread between the two fuel types, with data available since June 2017.

Martin Kits van Heyningen, CEO, KVH, on the manufacturing floor on the day KVH shipped its first TracPhone V11-HTS in April 2019. Photo: KVH

Interview: Martin Kits van Heyningen, CEO, KVH

Connectivity is the backbone of modern maritime operations as ships and boats at sea increasingly become connected. We recently met with Martin Kits van Heyningen, CEO, KVH, to discuss the evolution of communication in the maritime sector and so much more, as KVH is diverse and engaged in a number of markets -- including autonomy for 10 years with work on about 30 different  platforms for self-driving vehicles.To start, give us a “State of KVH” today.We started originally in the leisure market…

Image: ICE

ICE Reports Milestone Trading of LNG Contracts

Intercontinental Exchange, operator of global exchanges and clearing houses and provider of data and listings services,  reported new milestones in the trading of the TTF natural gas and JKM LNG (Platts) contracts.In September, TTF Futures and Options hit an all-time monthly volume record of more than two million lots (2,023,848), equivalent to 1,484 TWh. TTF Futures set a new daily volume record on September 10 of 193,695 lots, equivalent to 142.1 TWh.TTF is the most liquid European natural gas benchmark…

Kalmar One open automation system. Pic: Kalmar

Kalmar Rolls-out New Automation System

Kalmar, a provider of cargo-handling solutions and services to ports, introduces Kalmar One, the first open automation system for container terminals.Kalmar One is a modular and scalable system that provides a robust foundation for automating container handling operations regardless of the vendor, equipment type, operation mode or automation level at the terminal."Kalmar One is the next step on our journey to promote openness in our industry. We want to speed up the industry transformation…

Igor Strukov / Adobe Stock

BIMCO: Shipping Hurt by Soya Bean Trades

Combined soya bean exports from Brazil and the US are down 7.8% in the first eight months of this year, as the main Brazilian soya bean export season disappointed. The fall in volumes from the two countries has also led to an 8.5% drop from last year in the tonne mile demand generated by the two dominant soya bean exporters.In particular falling exports from Brazil have hurt the shipping industry, with accumulated soya bean exports from Brazil in the first eight months of this year 7.8 million tonnes lower than the first eight months of 2018.