Vessels News

 

Bangladesh at Front of Shipbreaking Activity

May 27, 2015

There has been a firm level of ship demolition activity in the first four months of 2015 and the two largest owner regions, Asia/Pacific and Europe account for 88% of the tonnage sold for recycling, according to the latest review of shipbreaking trend by Clarkson Research…

Cruise-Container Hybrid Ship Makes Debut

May 27, 2015

Aranui 5, a cruise ship / container ship hybrid, will make its maiden voyage from Tahiti to the Marquesas Islands in the South Pacific Ocean at the end of November 2015.  The Aranui 5 is replacing its predecessor, the Aranui 3 on a dual…

Stena Sonangol Suezmax Pool Rings in 10 Years

May 26, 2015

Stena Sonangol Suezmax Pool celebrates 10 years of collaboration and trading. The 10th anniversary celebrations took place in London on May 20. Today on May 26 it is Houston’s turn and, finally, on June 3, it will be Singapore’s turn. The Stena Sonangol Suezmax pool…

ASRY in Maritime Deal with Relay

May 26, 2015

UK-based engineering firm signs service agreement to provide direct services to vessels in ASRY, expanding the list of the yard’s onsite specialist contractors.ASRY, the leading ship and rig repair yard in the Arabian Gulf, has signed…

Avance VLGCs Fixed

May 26, 2015

Avance Gas said repairs of two very large gas carriers (VLGCs) are complete, allowing the delayed ships to get to work. Both new build VLGCs recently dry-docked - Breeze (83,000dwt, built 2015) and Monsoon (83,000dwt, built 2015) - have…

Baltic Mercur II makes maiden voyage to Antwerp

May 25, 2015

This week Atlantic Ro-Ro Carriers (ARRC) celebrates the maiden voyage of the Baltic Mercur II via the port of Antwerp as part of their regular transatlantic service to the US Gulf. After long deliberation and extensive analysis, the company…

DNV GL’s Synergi to Manage Siem Offshore Newbuilding Projects

May 25, 2015

Siem Offshore has chosen DNV GL’s Synergi Project to manage nine newbuilding projects.Synergi Project softwareThe software is used to optimize the collaboration between Siem Offshore and the yards and to keep control of building processes…

KPCT Launches New Gulf Service

May 24, 2015

Containerized volumes are steadily increasing on the East Coast of India. Keeping pace with the growth, Krishnapatnam Port Co. Ltd. (KPCT) now offers a new service to the Gulf sector. Simatechin association with Evergreen Line recently launched a joint CCG Service…

Alaska, Washington to Build Arctic Icebreakers

May 24, 2015

Senator Lisa Murkowski, Alaska, and Senator Maria Cantwell, Washington, have introduced a bill that would authorize the Navy to build up six icebreakers for use by the U.S. Coast Guard.The senators believe that the Coast Guard and the…

Launch of First Future Destroyer, Hobart

May 24, 2015

Speech delivered by the Minister for Defence, Kevin Andrews during the launch of Hobart - the first future destroyer:Thank you for being here on this very important day.Today, is a significant milestone for the Air Warfare Destroyer Project…

Oil Leak Contained at MV Miner Site

May 23, 2015

On-site workers acted quickly to contain an oil leak during the final stages of removing the wreck of the MV Miner off Scaterie Island, says the government of Canada’s Nova Scotia province. About 800 litres of oil was collected after a…

Yemen-bound Aid Ship Docks in Djibouti

May 23, 2015

An Iranian ship carrying humanitarian aid for war-ravaged Yemenis has arrived in Djibouti. It will be inspected by the United Nations so its cargo can be shipped to conflict-torn Yemen. It now remains to be seen whether the ship will be boarded and inspected before continuing…

Tsakos Energy Navigation Reports 156% Increase in Q1 Profits

May 23, 2015

Greece-based Tsakos Energy Navigation Ltd (TEN) has reported first-quarter profit of $37.3 million from $14.6 million in Q1 2014 - a 156% Increase. On a per-share basis it has profit of 42 cents. The results topped Wall Street expectations…

HMAS Anzac Visits Portsmouth, UK

May 22, 2015

The Royal Australian Navy’s helicopter frigate HMAS Anzac has arrived in Portsmouth, England, as part of her NORTHERN TRIDENT 2015 deployment. Anzac departed Sydney in March 2015, and has transited the Southern Ocean, Indian Ocean, the Red Sea…

ERMA Bullish on Ballast Water Treatment

May 22, 2015

After having delivered several BWTS systems in Kita Nihon shipyard in Japan, one more ERMA FIRST BWTS was successfully installed onboard the Bulk Carrier M/V SCARABÉ(DWT: 60,000t), managed by NIOVIS SHIPPING COMPANY, which was built at Mitsui Engineering & Shipbuilding Co…

Logistics News

Algorithm Accountability

Algorithm Accountability

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Maersk Raises Full-Year Profit Forecast

Maersk Raises Full-Year Profit Forecast

World’s First Green Ammonia Bunkering Operation Completed in Dalian

World’s First Green Ammonia Bunkering Operation Completed in Dalian

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