Tsuneishi Philippines Delivers First Boxship
Tsuneishi Shipbuilding has delivered its first containership newbuilding from its yard in the Cebu, the Philippines.The Philippines yard’s first container vessel, a 1,944 teu Bangkok Max sized ship was delivered on 10 September. The Bangkok Max is the largest size of vessel that can call the port of Bangkok, and the Tsuneishi design is larger than the standard 1,800 teu capacity."Standard Bangkok Max carriers can generally be loaded with about 1,800 20-FT containers, but our new carrier can be loaded with 1…
Top Industry Bodies Preps for Sulfur Target
Leaders of the major shipping industry trade associations - international shipping associations representing shipowners BIMCO, International Chamber of Shipping (ICS), International Association of Dry Cargo Shipowners (INTERCARGO) and International Association of Independent Tanker Owners (INTERTANKO) met in London yesterday (September 13) to consider the transformational issues affecting the sector.Top of the agenda were the preparations for the implementation of the 2020 Global Sulfur Limit.
Sovcomflot, NYK Pact on Financing 2 LNG Carriers
Russian maritime shipping company specializing in petroleum and LNG shipping Sovcomflot (SCF Group) and NYK Line have announced that they have signed a new $176 million non-recourse credit facility for eight years with three leading international banks.The banks are: Sumitomo Mitsui Banking Corp. of Japan (through its German subsidiary, SMBC Bank EU AG); Société Générale of France; and Shinsei Bank of Japan. The agreement was reportedly signed through joint venture companies belonging…
IMO Emphasis on Empowering Women
International Maritime Organization (IMO)’s World Maritime theme for 2019 – “Empowering women in the Maritime Community” has featured prominently in events at the London International Shipping Week (9-13 September).A seminar co-hosted by Inmarsat and WISTA international (10 September) explored the theme of Diversity and Digitization in the Shipping Industry.Opening the event, IMO Secretary-General Kitack Lim said, “If the fundamental nature of work is changing, this is the perfect…
ABB Enables Emission-free Port Visits
French ferry operator Corsica Linea is fitting out its ferries calling Port of Marseille with equipment necessary to use electricity for power at berth using ABB’s shore connection technology.Instead of running diesel-fueled auxiliary engines, Paglia Orba, Jean Nicoli and Pascal Paoli ferrieswill use electricity for power at berth. Each of the three vessels is being modified to feature ABB’s power compensation solution Dynacomp, which allows electricity available from the local…
Do Ports Need Global Regulation?
Ports are essential for the global supply chain - but do they need more international regulation?High-level speakers engaged in a lively debate at a joint Hutchison Ports, International Maritime Organization (IMO) and IMO International Maritime Law Institute (IMLI) seminar (9 September), to address the question: "Do ports need international regulation?"IMO Secretary-General Kitack Lim reminded the audience that the IMO Convention does give the Organization a mandate to regulate…
Panama Canal Signs MoU with Rotterdam Port
The Panama Canal and the Port of Rotterdam signed a Memorandum Understanding (MOU) to promote international trade between Europe and the West Coast of South America.Through this agreement, the two organizations will work closely to optimize operations while encouraging economic growth and the exchange of information on new business development opportunities, including logistics parks and port development projects."The Expanded Canal continues to reshape global trade routes today…
IMO Course on Safe Handling of Cargoes
The safety of ships carrying bulk cargoes depends on proper implementation of International Maritime Organization (IMO) rules - and training is crucial.A new IMO Model Course on Safe Handling and Transport of Solid Bulk Cargoes is expected to be validated by IMO's Sub-Committee on Carriage of Cargoes and Containers when it meets this week (CCC 6, 9-13 September).The course will focus on the mandatory measures for handling and transport of solid bulk cargoes outlined in the International Maritime Solid Bulk Cargoes (IMSBC) Code…
RCL Executive to Keynote Cayman WISTA AGM
Cayman’s Women’s International Shipping & Trading Association – WISTA Cayman Islands – has announced that Captain Patrik Dahlgren, Senior Vice President, Global Marine Operations at Royal Caribbean Cruises, Ltd will be the keynote speaker for the 2019 WISTA International AGM & Conference which is being hosted by WISTA Cayman from October 29, to November 1. Captain Dahlgren’s responsibilities span across six cruise brands with offices in Miami, London, Hamburg, Madrid and Shanghai.
SMM 2020 Publishes Maritime Industry Report
“Driving the maritime transition”: In times of the global climate debate and the digital transformation, SMM 2020 will once again be the focal point for decision-makers in the maritime industry.Topics that are currently high on the industry's agenda are highlighted in the new issue of the SMM Maritime Industry Report: Shipping, shipbuilding and supplier companies are especially interested in alternative propulsion technologies and attractive niche markets.The year 2020 marks a major turning point in international shipping: On January 1…
India's DG Shipping Completes 70 Years
The Directorate General of Shipping of India celebrate its 70th Foundation Day today, the 3rd September, 2019. Minister of State for Shipping Mansukh Mandaviya will launch the celebrations at an event in Mumbai.The Directorate General of Shipping, India deals with implementation of shipping policy and legislation so as to ensure the safety of life and ships at sea, prevention of marine pollution, promotion of maritime education and training in co-ordination with the International…
Singapore Improves Maritime Safety
The number of major incidents in the Port of Singapore has dropped over the last 10 years, with fewer than 0.12 major incidents per 100,000 vessel movements in 2018, down from 0.8 in 2009.Dr Lam Pin Min, Senior Minister of State for Transport and Health, said, “I thank the maritime community for the good work in improving maritime safety. The use of technology and digitization can further enhance maritime safety by providing seafarers better access to critical safety-related information…
'Green' Focus for Citigroup's Shipping Finance Chair
Citigroup's veteran shipping finance banker Michael Parker is to become chairman of the bank's shipping & logistics business, a role which will include bolstering the lender's environmental focus in the sector, Citi said on Thursday.In June, Citi was among a group of leading banks who signed up to environmental commitments known as the "Poseidon Principles."These will for the first time integrate efforts to cut CO2 emissions into banks' decision making when providing loans to shipping companies.The initiative highlights how businesses are having to respond to moves by investors around the worl
Shell Charters LNG-Powered Tanker Fleet
Shell Tankers (Singapore) Private Ltd has agreed a long-term deal to charter a fleet of 10 LNG dual-fuel Aframax crude oil tankers from Sinokor Petrochemical Co Ltd, which expects to take delivery of them from Samsung Heavy Industries in South Korea in 2021."Shell has agreed to charter a fleet of new liquefied natural gas (LNG)-fueled crude oil and products tankers, as part of its drive to decarbonise shipping," said a press note.Separately, Shell has agreed long-term charters for four new LNG dual-fuel oil products tankers, from institutional investors advised by J.P.
Trafigura in Fuel JV with Frontline, Golden Ocean
Trafigura Group is joining forces with shipping firms Frontline and Golden Ocean to set up a company to supply shipping fuels ahead of a shake up in regulations next year which could disrupt fuel delivery and cause prices to spike.The three companies said on Tuesday that subject to agreement on final terms, the joint venture is expected to start operating in the third quarter.From Jan. 1, International Maritime Organization (IMO) rules will bar many ships from using marine fuel, also called bunker fuel, containing more than 0.5% sulphur in order to help reduce air pollution.
PoLB Receives Cleanest Ship to Visit U.S.
Mediterranean Shipping Company’s MSC Jewel, the cleanest container ship to visit the United States, has stopped by the Port of Long Beach (PoLB).According to a release from the second-busiest container port in the United States, after the Port of Los Angeles, which it adjoins, MSC Jewel arrived at Total Terminals International’s Pier T facility on July 12.The ship, 1,200 feet long with a capacity of 14,436 twenty-foot equivalent units, was built in 2019 and is powered by Tier III diesel engines (main propulsion and auxiliary power)…
Panama Canal starts Speed Limits to Protect Whales
Starting August 1 and until November 30, 2019, the Panama Canal will promote the implementation of the International Maritime Organization’s (IMO) annual recommendations on speed and maritime transit aimed at protecting cetaceans, which include whales, dolphins and other large aquatic mammals, during their nearby seasonal migration.With these measures, ships should proceed at a speed of not more than 10 knots in specified areas. Panama has monitored this requirement since December 1…
U.S.: Ships Should Keep AIS On
The United States wants all ships to keep their tracking transponders on to cut down on illicit activity and smuggling, and to increase transparency with movements of ships around the world, a senior State Department official told Reuters.Automatic identification systems trackers are the most accessible way of observing where ships are located.The practice of turning off AIS by some vessels from countries such as Iran has become common to evade closer scrutiny as the United States pushes to cut off Iranian oil exports.The official…
Interferry Charts a Course for Growth
Interferry CEO Mike Corrigan explains why the global trade association is poised to take its work to the next level.While I respect the mantra of cautious optimism, I can’t help feeling genuinely excited that 2019 could prove to be a milestone year in the continuing growth of Interferry’s influence as the global voice of the ferry industry. We’ve come a long way since our US origins in 1976 as what was essentially a networking movement, but developments in recent months already suggest we are on course for yet more enhancement of our present-day worldwide networking and lobbying relationships.
INSIGHTS: Noose Tightens Around Iranian Shipping
Somewhere on its journey from the waters off Iran, around Africa's southern tip and into the Mediterranean, the Grace 1 oil tanker lost the flag under which it sailed and ceased to be registered to Panama. Iran later claimed it as its own.The ship carrying 2 million barrels of Iranian crude was seized by British Royal Marines off Gibraltar, raising tensions in the Gulf where Iran detained a UK-flagged ship in retaliation.Grace 1 remains impounded, not because of its flag but because it was suspected of taking oil to Syria in breach of EU sanctions…
Singapore's Ocean Tankers tests IMO-2020 Compliant Fuel
Off the coast of Singapore, the world's largest ship refuelling centre, a bunker barge sidled next to the supertanker Pu Tuo San to fill the giant vessel with a new type of fuel that will meet global standards that start up in January.With a little over five months left until stricter marine fuel rules come into effect, shippers such as Singapore's Ocean Tankers that own the very large crude carrier (VLCC) Pu Tuo San have started testing out lower sulphur fuel to prepare their…
"IMO Joe" Angelo Honored
The International Maritime Prize for 2018 will be awarded to Joseph J. Angelo, a former United States Coast Guard (USCG) and International Association of Independent Tanker Owners (INTERTANKO) senior executive who participated in International Maritime Organization (IMO) meetings for many years, providing leadership on a number of key regulatory developments.The IMO Council, meeting for its 122nd session in London (July 15-19) decided to award the Prize to Mr. Angelo, in recognition…
Number of Indian Seafarers Grows 45%
Employment of Indian seafarers on Indian and foreign ships witnessed a growth of 45 percent in the last three years.The Minister of State for Shipping Mansukh Mandaviya informed the Parliament that the number has increased from 143940 in 2016 to 208799 globally in 2018.The Minister informed that the Government has taken several initiatives and policy decisions to help increase the share of Indian seafarers at the global level.For example, seafarers are being employed on ships through secured paths i.e.
Joseph Angelo Wins Global Maritime Prize
The prestigious International Maritime Prize for 2018 is to be awarded to Joseph J. Angelo, a former United States Coast Guard (USCG) and International Association of Independent Tanker Owners (INTERTANKO) senior executive who participated in International Maritime Organization (IMO) meetings for many years, providing leadership on a number of key regulatory developments.The International Maritime Organization (IMO) Council, meeting for its 122nd session in London (15-19 July) decided to award the Prize to Angelo…
Singapore Fuel Stocks at Eight-month Low Ahead of IMO 2020 Deadline
Oil product inventories in the Singapore storage and trading hub fell to an eight-month low in the week ended July 17, official data showed, in one of the latest signs that suppliers are gearing up for rule changes to make marine fuel cleaner.Singapore onshore stocks of petroleum products, which include gasoline, diesel, jet fuel and residual fuel oil, came in at 38.372 million barrels, down from 41.725 million barrels in the previous week and their lowest since the week ended Nov.
JIT Trial Cuts Emissions
"Just-In-Time" (JIT) operations have the potential to cut the time ships spend idling outside ports and help reduce harmful emissions as well as save on fuel costs.According to International Maritime Organization (IMO), this can be achieved by communicating in advance the relevant information to the ship about the requested time of arrival - allowing the ship to adjust to optimum speed. A desktop trial in Just-In-Time ship operations has yielded positive results, showing emissions…
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