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  • info lily-shipping
    Dear Sir Good day, We have the honor to welcome shipping companies, shipping agents, Ship management companies, Recruiting agents, honorable personality and related concerns to recruit Bangladeshi seafarers. Lily Shipping Limited day by day is emerging as a giant in the country’s maritime market providing world standard seafarers for the safe and secure operation of a wide range of ships worldwide. Bangladeshi seafarers are of relatively high standards in proficiency, hardworking and able to understand various languages up to the required standards. They are well behaved, obedient, trustworthy, nonalcoholic and possess a high moral courage. They are content with reasonable wages. Crew Manning All types of crew sourcing and recruitments. Crew Welfare Our Company is quite aware about the welfare of its crews. We have the required knowledge and experience about the maritime labor laws, Maritime labor Convention MLC 2006 and international labor law (ILO) as well. We concentrate not only on the welfare of the crew members but also their family prospects and necessities. We stay close and connected with the government semen and labor welfare directorate to ensure their rights and necessities. Your kind Co-Operation will be Highly Appreciated. Thanks
    2021-06-29 09:03:17
  • PortDA
    Hi Sabashipping this is new user enquiry for my good vessel
    2021-08-05 17:06:06
  • PortDA Admin
    hello agent
    2021-08-22 19:33:51
  • PortDA Admin
    hi
    2021-08-22 20:05:59
  • PortDA
    Hi this enquiry is for Saba Shipping
    2021-08-22 20:07:12
  • PortDA
    Hi this enquiry is for Saba Shipping
    2021-08-22 20:07:34
  • PortDA Admin
    test
    2021-08-22 20:16:13
  • PortDA Admin
    2021-08-22 20:24:48
  • PortDA Admin
    test
    2021-08-22 20:28:53
  • PortDA Admin
    hello sir
    2021-08-24 15:13:48
  • PortDA Admin
    hello sir
    2021-08-24 15:16:47
  • PortDA Admin
    test msg
    2021-08-24 15:45:35
  • PortDA Admin
    hi there
    2021-08-24 15:49:37
  • PortDA Admin
    ......
    2021-08-24 15:56:07
  • PortDA Admin
    12345
    2021-08-24 16:05:58
  • PortDA Admin
    12345
    2021-08-24 16:06:51
  • PortDA Admin
    retest
    2021-08-24 16:09:52
  • PortDA Admin
    retest
    2021-08-24 16:10:05
  • PortDA Admin
    test msg
    2021-08-24 16:12:45
  • PortDA Admin
    hello
    2021-08-24 16:16:38
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    test msg
    2021-08-24 16:20:16
  • 2021-12-13 01:02:13
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  • bab al ugsa
    I would like to know more details
    2022-04-06 13:04:56
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Recent News

$25M Lawsuit Condemns Energy & Boat Firms in Fatal Capsizing

The offshore oil industry boat that overturned in a deadly Gulf of Mexico disaster last week was ordered to sea in dangerous conditions by an energy company that put amp 8220 money over safety, amp 8221 a pair of $25 million lawsuits assert, reports Star Advertiser. Lawsuits filed by vessel crew....

Mfame Published 2y-11mo-3w-5d-20h-53m ago

Mitsui Joins Copenhagen-based Coalition for Emission Reduction

Mitsui amp 38 Co. is the latest company to join the Mærsk Mc Kinney Møller Center for Zero Carbon Shipping. The center has seven founding partners and six strategic partners including Mitsui. Mitsui will plan and operate projects and also provide its knowledge throughout the entire supply chain....

Mfame Published 2y-11mo-3w-6d-1h-18m ago

[Infographic] Downward Trend in Marine Casualties in 2020

The RMI Annual Report on marine safety investigations for 2020 records a total of 726 very serious marine casualties, marine casualties, marine incidents, and occurrences, 80 less than reported during 2019, reads a Safety4sea article. Key findings Very Serious Marine Casualties involving loss of li....

Mfame Published 2y-11mo-3w-6d-2h-49m ago

Kongsberg Marks ETC’s First Client Contract

Kongsberg Maritime KM has signed a contract to provide KM’s innovative new Extended Thruster Coverage ETC service programme to support two new ice breaking escort tugs. The agreement covers the support of the tugs’ robust US255 thrusters and ND Aquapilot remote control systems. According to ....

Mfame Published 2y-11mo-3w-6d-4h-29m ago

IB’s Electronic Logbook Approved by Liberian Register

An electronic logbook made available by IB to replace the historical paper logbook has been given the green light from the Liberian Register. The software allows the chief officer and the captain of the ship to record all the parameters of edge required by international sea regulations and conventio....

Mfame Published 2y-11mo-4w-14h-47m ago

A Captain’s Eye That Could Prevent More Shipping Disasters

Israeli startup ‘Captain’s Eye’ developed an AI based ship safety and security system that prevents maritime accidents and malfunctions. The company signed partnership agreements with three of the world’s leading container shipping companies and is in the midst of a large round of financing.....

Mfame Published 2y-11mo-4w-23h-29m ago

UK Bank Joins Poseidon Principles Signatories

Standard Chartered announced today that it has become a signatory to the Poseidon Principles, a global framework that aims to align carbon emissions in the shipping industry with the international targets set by the United Nations, says an article published on their website. Contributing to climate ....

Mfame Published 2y-11mo-4w-1d-33m ago

Container Ship Attacked!

Maritime Bulletin reports of an attack aboard container ship in Gulf of Guinea. Container ship attacked Container ship CONTSHIP NEW was attacked and according to Dryad, boarded, at 0900 UTC Apr 23 in Gulf of Guinea 130 nm NW of Sao Tome island, Sao Tome and Principe. The ship is en route from Port O....

Mfame Published 2y-11mo-4w-1d-2h-23m ago

First Merchant Vessel Bags DNV Notation for ‘Quiet’ Underwater Operations

ONEX Peace, built by Hyundai Samho Heavy Industries and delivered to its owner ONEX, has become the world’s first merchant ship to receive DNV’s SILENT E notation. DNV is the first classification society to offer an underwater noise notation. Classification society DNV has announced that ONEX Pe....

Mfame Published 2y-11mo-4w-1d-2h-39m ago

Man Energy’s Analysis Envisages The Phase-Out Of Fossil Fuel

MAN has run risk analysis modelling envisaging the phase out of fossil fuels powering ships, says an article published in Splash247. Man Energy about the results of its AHOY50 study  MAN Energy Solutions said the results of its AHOY50 study should serve as a wake up call, something made all the m....

Mfame Published 2y-11mo-4w-1d-9h-20m ago

European Commision To Improve Flow Of Investment

The European Commission adopted today a Sustainable Finance package with the aim of improving the flow of investments towards sustainable activities and hence using financial instruments to make Europe climate neutral by 2050, says an article published in their website. ECSA Secretary General on shi....

Mfame Published 2y-11mo-4w-1d-12h-9m ago

6 Foreign Flagged Ships Detained in UK Ports in March 2021

The MCA announced that 6 foreign flagged ships remained under detention in UK ports during March 2021 after failing port state control PSC inspection. The MCA publishes details of the foreign flagged vessels detained in UK ports each month. This allows the ships with a high risk rating and poor de....

Mfame Published 2y-11mo-4w-1d-12h-17m ago

IMO Asked To Impose Pricing Measures On Emissions

For the first time, the International Chamber of Shipping and other groups representing over 90 per cent of maritime trade are asking the International Maritime Organisation IMO to put a price on carbon dioxide emissions, reports The Straits Times. Leaders Summit on Climate In a revolutionary join....

Mfame Published 2y-11mo-4w-1d-12h-48m ago

Carriers Grow Desperate As Containership Percentage Falls To 0.8%

Carriers are “scraping the bottom of the barrel” for available tonnage, as the percentage of the global containership fleet commercially idle and not in dry dock has fallen to just 0.8%, reports The Loadstar. Shortage of tonnage And according to the latest Alphaliner survey, the severe shortage ....

Mfame Published 2y-11mo-4w-1d-12h-49m ago

Charter Rates Surge Yet Again

Just when you thought container shipping couldn’t get any hotter, it has. Liners are desperate for more ships to handle booming cargo demand. Companies known as tonnage providers or nonoperating owners NOOs — which own ships and lease them to liners — are now achieving rates and charter dura....

Mfame Published 2y-11mo-4w-1d-12h-50m ago

System To Classify ‘Green’ Investments

The European Commission on Wednesday published its long awaited system to classify amp 8220 green amp 8221 investments in sectors from industry to transport, but delayed vexed decisions on whether to label nuclear energy and power plants fuelled by natural gas as green, reports reuters. Environm....

Mfame Published 2y-11mo-4w-1d-14h-3m ago

Maersk Offers Cargo Management Programme To Cut Costs By 50%

Study shows 50% reduction in D amp 38 D exposure. Data driven approach shapes trucker discussions nationwide to address supply chain fragmentation at destination. Full visibility of destination supply chain. Maersk North America’s Destination Cargo Management DCM product is designed to optimize....

Mfame Published 2y-11mo-4w-1d-22h-18m ago

MAN Study Explores Shipping Scenarios for A ‘Greener Future’

The use of fossil fuels in the shipping industry will need to be banned in the latter half of the decade if the industry is to meet its decarbonization efforts. The study, carried out in partnership with the Fraunhofer Institute for Systems and Innovation Research ISI , outlines 4 scenarios that ex....

Mfame Published 2y-11mo-4w-1d-22h-41m ago

IRClass Launches New Certification Service

IRClass has launched a new service to provide certification of marine containers in accordance with IMO International Convention for Safe Containers CSC . It has released Guidelines on Certification of Containers developed by the Rule Development amp 38 Associated Research team. Indian Register ....

Mfame Published 3y-5h-50m ago

UNCTAD Urged Regulators for Greater Transparency

The United Nations Conference on Trade and Development UNCTAD has urged regulators to push for greater transparency in container shipping amid a protracted period of record rates and dire on time performance by the world’s top liners, reports splash247. Freight Rates UNCTAD issued Policy Brief 8....

Mfame Published 3y-5h-58m ago

Capesize Jump Puts A 10-year Peak on Baltic Freight Index

The Baltic Exchange’s main sea freight index surged to its highest in over a decade on Wednesday, powered by a jump in the larger capesize vessel segment on increasing iron ore shipments from Brazil, reports Yahoo Finance. Baltic dry index The Baltic dry index, which tracks rates for capesize, pan....

Mfame Published 3y-6h-3m ago

Maritime Drone Estate Takes Over Deliveries To Docked Vessels

An area near Marina South Pier has now been designated as a space for maritime drone fliers to test their wares, including by delivering 3D printed shipping parts to vessels docked near Singapore amp 8217 s shores, reports The Straits Times. Replacing manual help The country amp 8217 s first Marit....

Mfame Published 3y-10h-17m ago

Singapore IPA Proposes 9 Pathways To Decarbonisation

The international advisory panel set up by Singapore amp 8217 s authorities last year has identified nine pathways to maritime decarbonisation, reports Ship amp 38 Bunker. The nine pathways The panel was arranged in July 2020 with the aim of developing a strategy to help the shipping industry meet....

Mfame Published 3y-13h-24m ago

Call for Market-based Measures To Ensure Decarbonisation Targets

The world’s major shipping organisations have called on world leaders to urgently examine the role of market based measures MBMs to ensure ambitious decarbonisation targets. These measures will be critical to incentivise the transition of the global fleet to new fuels and technologies, which wil....

Mfame Published 3y-15h-5m ago

First Engineer of Cargo Tanker Convicted of Falsifying Records

A federal jury convicted Gilbert Fajardo Dela Cruz of aiding and abetting an environmental crime and obstruction of justice in connection with the intentional dumping. This happened in February of 2019 of oily bilge water from a commercial tanker, announced Acting United States Attorney Stephanie M.....

Mfame Published 3y-16h-10m ago

ITF Members Board Ever Given To Check Crew Welfare

Representatives of the International Transport Workers’ Federation seafarers as key workers Sunday boarded the MV Ever Given  IMO: 9811000 to check on the health and welfare of the crew. The cargo vessel is currently anchored in Lake Bitter, in the Suez Canal system, as Egyptian authorities ....

Mfame Published 3y-16h-38m ago

Maersk Stops Purchase of Boxships That Don’t Meet ‘Emission Targets’

One of the world amp 8217 s largest shipping companies by fleet size, AP Moller Maersk, has halted purchase of container ships that are unable to totally eliminate carbon emissions, reports Platts. Zero carbon fuels Rene Piil Pedersen, managing director of the company amp 8217 s Singapore arm, tol....

Mfame Published 3y-20h-26m ago

Singapore Port Authority Launches $90m Decarbonisation Fund

MPA has signed a memorandum of cooperation MoC with industry heavyweights to establish a fund for a maritime decarbonization center in Singapore. The deal was signed with BW Group, Sembcorp Marine, Eastern Pacific Shipping, Ocean Network Express, Foundation Det Norske Veritas, and BHP. The Maritim....

Mfame Published 3y-22h-20m ago

Sumitomo Agreements Corvus Energy In A ESS Joint Venture

Sumitomo Corporation agreements with Corvus Energy in a joint venture. The joint venture named “Sumisho Corvus Energy amp 8221   is established as a company to sell ESS and provide the related maintenance service mainly in the Japanese market. According to an article published in Sumitomo Corpor....

Mfame Published 3y-1d-52m ago

KEH Unveils New LNG Bunkering Vessel Project

Knud E. Hansen KEH has presented its design of a series of medium capacity LNG bunkering tankers under the name of the X gas Project. With the X gas Project, the company wanted to create a new platform that will support the clean energy transition. The platform is customizable and can be tailored ....

Mfame Published 3y-1d-1h-4m ago

Bureau Veritas Certifies Singapore’s First Hybrid Electric Ship

Bureau Veritas has certified and classed Singapore’s first hybrid powered ship, says a press release published in Marine Offshore. Penguin Tenaga Built, owned and operated by Singapore based Penguin Shipyard International, Penguin Tenaga is a 15 meter, 12 passenger aluminum pilot boat capable of e....

Mfame Published 3y-1d-1h-21m ago

Alpha Ori Technologies Closed $6M Investment Round

Maritime digital solutions provider Alpha Ori Technologies has closed a $6m investment round. The round was jointly led by leading ship owners Hafnia and BW LPG, reports seanews. Diverse Range Mikael Skov, CEO of Hafnia, has now joined the Alpha Ori Technologies board of directors. With a diverse ra....

Mfame Published 3y-1d-5h-57m ago

What happens when someone is banged beyond nautical miles

It is surprisingly common for ships and their crews to be stranded and sometimes abandoned due to disappearing owners, pay disputes, and management troubles. It could be inferred in the following case. Aisha has been the custodian of the 4,000 tonne MV Aman, trapped onboard as a prolonged legal batt....

Mfame Published 3y-1d-12h-33m ago

Recycling Halts At Alang Due To Shortage Of Oxygen

The Oxyfuel process is the most widely applied industrial thermal cutting process. The scrap prices are ruling at 36,800 a ton and 12 mm re rollable steel plate is priced at 41,000 a ton. A decrease in purity of 1 per cent will typically reduce the cutting speed by 25 per cent and increase gas con....

Mfame Published 3y-1d-13h-27m ago

IoS-OP Consortium, Share Rules for Global Data Handling

amp 8220 IoS OP Seminar in Taiwan amp 8221 was held in Taipei, Taiwan on 16 April by IoS OP Consortium. 91 professionals from Taiwan’s maritime industry at the venue virtually connected to Japan. The consortium members introduced the rule and framework for sharing IoT data of ships, including ....

Mfame Published 3y-1d-15h-45m ago

Kidnapped Seafarers Return Home

A total of 10 Filipino seafarers freed from a reported kidnapping in the Gulf of Guinea arrive in the Philippines. They were part of 15 crew chemical tanker David B. The ship was in transit along the Benin coast in the Gulf of Guinea on 11th March when the incident happened. The crew had 5 amp 82....

Mfame Published 3y-2d-2h-9m ago

Singapore To Launch 2-Month Consultation on Decarbonization

amp 160 Singapore amp 8217 s government is seeking suggestions for how it should address decarbonisation in the run up to 2050. The government has launched a 2 month consultation exercise seeking suggestions and views on the city state amp 8217 s Maritime Singapore Decarbonisation Blueprint 205....

Mfame Published 3y-2d-2h-55m ago

Baltic Dry Index Sees 1.5-Year Peak With High Vessel Rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose to 1 1/2 year peak on Monday as demand improved across vessel segments, reports Yahoo Finance. Dry bulk rates  The Baltic dry index, which tracks rates for capesize, panamax and supramax....

Mfame Published 3y-2d-6h-28m ago

Ocean Carriers Invests Heavily In Container Control System

Ocean carriers are investing heavily in container control systems to maximise their box fleets, says an article published in The Loadstar. Hapag Lloyd chief executive on current market conditions  Chief executive of Hapag Lloyd, Rolf Habben Jansen said, “Current market conditions had increased co....

Mfame Published 3y-2d-10h-10m ago

What Will Happen To The GA Process With Ever Given Arrested?

The Suez Canal Authority decides to arrest the Ever Given, as leverage for its $916m insurance claim against the vessel owner, says an article published in The Loadstar. What happens to the GA process After the shipowner declares general average, the assigned average adjuster, RHL, will start assem....

Mfame Published 3y-2d-13h-46m ago

Oil Prices and Dry Bulk Stocks, Is Super Cycle Beginning?

Dry bulk stocks were the best performers up 50.3% YTD among the sectors we cover. and are pricing in 1.34x times NAV on average. The time charter rates too are at a multi year high. All these developments have created a buzz and around a potential market ‘Super cycle’. In the second week of Fe....

Mfame Published 3y-2d-14h-40m ago

Maersk & LR Guidance for Safe Use of Ammonia as Fuel

Lloyd’s Register’s Maritime Decarbonisation Hub and the Mærsk Mc Kinney Møller Center for Zero Carbon Shipping, along with A.P. Moller Maersk, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Line and Total, have formed a new project aimed at developing guidance on the safe use of ammoni....

Mfame Published 3y-2d-21h-34m ago

GTT Upgrades NO96 to NO96 Super+

GTT has developed the NO96 Super+, an evolution of the NO96 Cargo Containment System CCS , which has recently received an Approval in Principle AiP from the classification society Bureau Veritas. NO96 Super+ technology The new NO96 Super+ technology integrates insulating Reinforced Polyurethane F....

Mfame Published 3y-2d-22h-2m ago

BAR Technologies & Yara Marine To Globalize WindWings Technology

amp 160 Marine engineering consultancy BAR Technologies has partnered with Scandinavian scrubber manufacturer Yara Marine to bring WindWings technology, an alternative propulsion solution for larger vessels, to global shipping market. BAR Technologies and Yara Marine Technologies have reached an ....

Mfame Published 3y-2d-22h-17m ago

Event At A $2 Billion Vessel Launch Causes Controversy

Facing rising competition throughout the Indo Pacific and reminded that its mission is to use “lethal force”, the Australian navy’s decision to hire a group of twerking dancers for the commissioning of a naval vessel was an unexpected choice. It seems the strategic “pivot” to regional tens....

Mfame Published 3y-3d-10h-15m ago

Huge Container Order Combating The Box Shortage

amp 160 150,000 TEU of new dry and reefer boxes plus 8,000 TEU of special containers / Delivery in 2021 to help alleviate current container shortage / Approx. USD 550 million investment one of largest for boxes in company history, says a press release published on their website. Biggest Container....

Mfame Published 3y-3d-22h-49m ago

Order Book Of VLOCs Dwindles Away This Year

The VLOCs list of buy and sell orders seems to gradually decrease. 14 VLOCs are scheduled for handover this year, marking the first time annual deliveries have fallen below 25 ships in four years. The orderbook for very large ore carriers VLOCs is rapidly running out, says an article published in....

Mfame Published 3y-3d-22h-54m ago

Cruise Liners Banned, Still Ships Head To Venice

Departing June 5, the sumptuous MSC Orchestra will take a week long trip around the Adriatic and the Mediterranean, taking in Italy, Croatia and Greece. Its journey will begin and end with one of the world amp 8217 s most classic cruise experiences. Gliding past the iconic center of Venice, Italy, ....

Mfame Published 3y-3d-23h-27m ago

Which Region Records To Be The Global Piracy Hotspot In 2021?

The Gulf of Guinea accounted for nearly half 43% of all reported piracy incidents in the first three months of 2021, according to the latest figures from the ICC International Maritime Bureau IMB , reports ICC. IBM amp 8217 s Global Piracy Report IMB’s latest global piracy report records 38 in....

Mfame Published 3y-3d-23h-52m ago

Hike in Operation Cost Limits Carrier Growth

Driver recruiting problems are limiting carrier growth while the cost of operating is growing at a faster rate than ever. A similar scenario played out at the end of the 2017 18 freight boom. Cost inflation from insurance, maintenance, equipment and wages lasted beyond the yearlong freight boom that....

Mfame Published 3y-4d-13m ago

GPS Trials ‘Chemical Mist’ To Cut Methane Emissions

Texas based oilfield services and technology company GPS International has completed Phase 2 field testing of its patent pending method to cut methane from natural gas, reports OE Digital. This testing will accomplish a vast visible discharged reduction in Methane CH exhaust emissions. Eco friend....

Mfame Published 3y-4d-1h-3m ago

Ship Sinks In East China: Five Missing

Five people are missing after a ship sank in east China was rescued, says an article published in Shine. Rescued ship and missing people The provincial maritime department has said, “Five people are missing and one was rescued after a cargo vessel sank off the coast of east China amp 8217 s Zheji....

Mfame Published 3y-4d-1h-11m ago

Offshore Rig Receives World’s First DNV Smart Notation

A semi submersible drilling platform from China Merchant Heavy Industry CMHI has become the world’s first offshore unit to receive DNV’s Smart notation compliance certificate, reads the DNV website. Notation to assess vessel features The voluntary notation, awarded to SHEN LAN TAN SUO, provide....

Mfame Published 3y-4d-1h-33m ago

BHP Completes First Biofuel Refueling for Bulk Carrier

Multinational mining major BHP has completed its first refuelling of a ship with biofuel as part of a trial using sustainable biofuel supplied in Singapore, reports Yahoo News. Marine biofuel trial Together with German shipping company Oldendorff Carriers and biofuels provider GoodFuels, and with su....

Mfame Published 3y-4d-1h-46m ago

New Materials To Make Ships More Sustainable

Ships have a significant environmental impact during building, operation and when they’re scrapped, but new approaches and composite materials to replace steel – still popular due to its strength and low cost – could make vessels more sustainable, recyclable, and less noisy for marine animals,....

Mfame Published 3y-5d-12h-56m ago

Ship Scrap Prices Surge To Nearly $500/ton

Dr. Anil Sharma is a wealth of knowledge on ship scrapping, having started GMS 25 years ago, getting into the business of buying and disposing of old U.S. MarAd and Russian navy ships as a sideline while teaching as a college professor in Maryland, reports Offshore Engineer. Leader in ship recycling....

Mfame Published 3y-5d-13h-37m ago

Switch Bill of Lading, Instruments of Fraud & Risks Involved

In international trade goods are often bought and sold by traders and they often do not produce the goods. The trader earns on the price differential between his supplier and buyer. Often the trader will want to protect the identity of the supplier / shipper and may ask the carrier to switch bills o....

Mfame Published 3y-5d-14h-3m ago

FOBAS Tests High TSP Fuel Samples

FOBAS tested several samples from Las Palmas and Houston whose TSP results exceeded ISO8217 limit of 0.10% m/m, says an article published in ShipandBunker. Las Palmas and Houston fuel samples Las Palmas The Las Palmas fuel samples were all VSLFO fuels.  They had TSP results ranging from 0.16% m/m t....

Mfame Published 3y-6d-2h-25m ago

Effects of Prohibitively Expensive LNG Retrofits

Retrofits to make ships LNG capable are currently prohibitively expensive with little appetite among shipowners to follow Hapag Lloyd’s pioneering first such major conversion, reports splash247. Huarun Dadong Dockyard Company The renamed 15,000 teu Brussels Express, formerly Sajir, is making its....

Mfame Published 3y-6d-6h-14m ago

Dealing With Hard And Soft Chokepoints

How or why Ever Given became wedged between the banks of the Suez Canal is still being investigated, but one outcome will be some form of restriction or added protection for vessels whose length has the ability to block the Canal. The authorities tasked with controlling other hard chokepoints will....

Mfame Published 3y-6d-7h-19m ago

Ransomware Attacks In The Shipping Industry

Cyber hackers continue to hone in on the shipping industry, considered a vulnerable and highly lucrative target, as demonstrated by the 400% increase in attempted cyber hacks on maritime companies between February and June 20201 , reports Lexology. Cyber risks Ransomware attackers are reported to ha....

Mfame Published 3y-6d-11h-18m ago

Industry Standard On In-Water Cleaning Submitted To IMO

The Industry standard on in water cleaning with capture has been submitted to support IMO’s work on the review of the Guidelines for the control and management of ships amp 8217 biofouling to minimize the transfer of invasive aquatic species, reports BIMCO. Setting a standard BIMCO led an indust....

Mfame Published 3y-6d-13h ago

Freighter Sank After Distress Call, 1 Missing

Vietnamese freighter sank in the South China Sea after issuing a distress signal, reports Maritime Bulletin. What happened General cargo ship issued a distress signal and shortly after that, sank in South China sea at around 2100 UTC Apr 14 0400 LT Apr 15 .  The vessel was some 30 nm south of Vun....

Mfame Published 3y-6d-13h-29m ago

Wärtsilä’s Record Breaking Scrubber Deliveries in 2020

The technology group Wärtsilä managed a record breaking amount of scrubber deliveries in 2020, despite the COVID 19 pandemic. It highlights the continued interest in exhaust gas abatement systems as long term solutions for the global fleet. A significant order was booked in November 2020 with a Ja....

Mfame Published 3y-6d-14h-5m ago

Fraudulent Emails & Maritime Cyber Security Threats

Dryad and cyber partners RedSkyAlliance continue to monitor attempted attacks within the maritime sector. Here we continue to examine how email is used to deceive the recipient and potentially expose the target organizations. Red Sky Alliance, performs weekly queries of backend databases, identifyin....

Mfame Published 3y-6d-15h-28m ago

Singapore’s First Hybrid-electric Pilot Boat Delivered

Singapore recently received its first hybrid powered ship, a 15 metre, 12 pax aluminium pilot boat named as “Penguin Tenaga,” reports Safety4sea. Zero emission class notation The vessel is developed, owned and operated by Penguin, while is certified by Bureau Veritas with a “ZE” zero emissi....

Mfame Published 3y-6d-23h-13m ago

ABS Advisory Covers All the Main Systems With GHG Reducing Potential

ABS published industry leading guidance on shipping power and propulsion decarbonization technologies, says a press release published on their website. GHG emissions reduction The ABS Advisory on Decarbonization Applications for Power Generation and Propulsion Systems considers the technological com....

Mfame Published 3y-1w-57m ago

Fire-Damaged Supply Ship Resumes Trips: Delivers $529 million Icebreaker

Australia’s fire damaged Antarctic resupply ship has docked in Western Australia carrying expeditioners who haven’t seen home in more than a year, says an article published in TheNewDaily. The MVP Everest The MVP Everest started sailing after a year towards Fremantle Port on auxiliary power afte....

Mfame Published 3y-1w-2h-53m ago

Drug Smuggling In Commercial Shipping

Illicit drug producers continue to develop complex trafficking patterns, targeting commercial vessels and their crew to transit their supply through multiple stopover and transit points. The safety of the vessel, crew and their families can be at risk, and despite the existence of IMO Frameworks to ....

Mfame Published 3y-1w-8h-39m ago

Baltic Freight Index Surges With Rising Vessel Rates

The Baltic Exchange amp 8217 s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, ticked higher on Wednesday on higher activity across vessel segments, reports Yahoo Finance. Looking into the rates * The Baltic dry index, which tracks rates for capesize, panamax and....

Mfame Published 3y-1w-8h-44m ago

IMO Council Expands Under Approved Amendments

Amendments to IMO Convention will be forwarded for adoption at IMO Assembly in December 2021. The approvals were made at the 33rd extraordinary session of the Council, which was held virtually on 8 April 2021. According to an article published in IMO, The IMO Council has approved draft amendments ....

Mfame Published 3y-1w-9h-43m ago

FSRU Höegh Giant Arrives At H-Energy Terminal

India’s first floating storage and regasification unit FSRU has arrived at H Energy’s Jaigarh Terminal in Maharashtra. The FSRU Höegh Giant, which sailed from Keppel Shipyard in Singapore, berthed at India’s west coast yesterday as the giant Asian nation gears up for vast increases in the ....

Mfame Published 3y-1w-13h-32m ago

Commercial Vessel Capsizes, 1 Dead & 12 Missing

A 129 foot lift boat with 18 personnel on board caught in rough weather, capsized off Port Fourchon, La. One person was dead and six were rescued, reports The NewYorkTimes. What happened The vessel, a 129 foot commercial lift boat, capsized about eight miles off Port Fourchon, La., according to the....

Mfame Published 3y-1w-13h-39m ago

[FAQ] What Is Cold Ironing?

Lately, shipping faces more and more pressure to reduce its emissions. Responding to this pressure, the sector is trying to come up with new ideas and solutions to improve the green footprint of ships. From new fuels, to slow steaming it seems that ships have many options, but how about ports Well,....

Mfame Published 3y-1w-13h-56m ago

Size of Claim Likely To be Massive in Suez Blockade

Extensive litigation in multiple jurisdictions is likely to result from the unexpected closure of the Suez Canal in the wake of the Ever Given grounding. As cargo interests seek to dispute the value of their claims, a US lawyer says. John Ellison pointed out that many companies were impacted by the ....

Mfame Published 3y-1w-15h-6m ago

Resilient Coating System To Prevent Cavitation & Corrosion Damages

Recently the Ecospeed coating system was applied on the scrubber pipes, outlets and diffusers of several oil tankers and a bulker. This demonstrates that Ecospeed is not only the best option for the underwater hull of a ship but can also be used for a wide range of other purposes, reads a news on th....

Mfame Published 3y-1w-1d-57m ago

Monjasa Witnesses Record Highs Despite A ‘Haphazard’ Year

amp 160 Monjasa Holding managed to successfully navigate the disrupted global fuel markets in 2020. The year concluded with a 9% increase in total volumes and a net profit of USD 30m, reads the company website. Marine fuel supplier Monjasa saw an 8.9% gain in its bunker sales volumes last year an....

Mfame Published 3y-1w-1d-1h-25m ago

Wash Water Discharge is Not Marine Pollution, Says Disappointed CSA

The Clean Shipping Alliance is “disappointed” in the recent decision to restrict exhaust gas cleaning system scrubber wash water discharge, says a press release published on their website. Announcement from Turkey The Clean Shipping Alliance expressed disappointment in the 6 April announcement....

Mfame Published 3y-1w-1d-1h-42m ago

ClassNK Adds ONE To Its ISO9001 Certification Registry

ClassNK has registered Ocean Network Express Pte. Ltd. ONE to its registry of ISO9001 Quality Management System/QMS :2015 certification, says a press release published on their website. About the audit process During the QMS construction of ONE for further safety of the fleet, ClassNK had been ass....

Mfame Published 3y-1w-1d-1h-51m ago

Perps Attempt 3 Armed Robbery Injuring 1 Crew Member

In its weekly report for 6 12 April 2021, ReCAAP ISC informed of three incidents of armed robbery against ships in Asia. All three incidents occurred to ships while underway in the eastbound lane of the Traffic Separation Scheme TSS in the Singapore Strait SS . Issue of incident alert Of the thre....

Mfame Published 3y-1w-1d-2h ago

Bulker Chief Officer Dies After Falling Into Cargo Hold

Chief Officer fell into bulk carrier hold, died, Atlantic, reports Maritime Bulletin. What happened A Chief Officer of a bulk carrier died after he fell into a hold, while supervising hold cleansing works.  Tragic accident occurred on Apr 12. The bulk carrier was under way in the Atlantic, en rout....

Mfame Published 3y-1w-1d-2h-3m ago

Cargo Ship Collision, 3 Dead & 9 Missing

Cargo ship collided with a fishing boat off Mangaluru coast leaving 3 dead and 9 missing, reports The NewIndianExpress. What happened Three fishermen were killed when a cargo ship collided with a fishing boat off the Mangaluru coast on Monday night. According to reports, there were 14 workers in th....

Mfame Published 3y-1w-1d-2h-8m ago

UK Club Issues Crew Health Advice on Grief

In collaboration with I.M.E.Q., Sophia Bullard, Crew Health Director at UK P amp 38 I Club, discusses the issue of grief and its impact on crew, exploring the stages, signs and symptoms of grief, as well as coping mechanisms. Loss is an inevitable For seafarers, loss and the subsequent grief can be....

Mfame Published 3y-1w-1d-2h-20m ago

Ever Given Seized Over Financial Disputes

Egyptian authorities impounded a massive cargo vessel that blocked the Suez Canal last month amid a financial dispute with its owner, the canal chief and a judicial official said Tuesday, reports AP News. Compensation Lt. Gen. Osama Rabie said the hulking Ever Given would not be allowed to leave the....

Mfame Published 3y-1w-1d-11h-36m ago

Ultra Deep Undertakes Several Subsea Projects

Ultra Deep Solutions DSCV Picasso will continue working in the Middle East on various subsea projects for clients, reports LinkedIn. The Picasso The Picasso is 121 m LOA x 25 m Beam, Twin Bell 18 men Saturation system, Air system, 140 ton crane 1600 m2 of useable deck space, 120 POB and classed unde....

Mfame Published 3y-1w-1d-11h-37m ago

Total & Siemens Energy Partners To Reduce LNG Carbon Footprint

Total and Siemens Energy signed a Technical Collaboration Agreement to study sustainable solutions for CO2 emissions reduction, says a press release published on their website.  Collaboration’s focus The Second Largest Private Global LNG Player, Total, and Siemens Energy agreed to study sustainab....

Mfame Published 3y-1w-1d-13h-17m ago

IMO Establishes New Module on GISIS for Crew Change & Repatriation 

IMO establishes a new module on GISIS for crew change amp 38 repatriation of seafarers, reports BIMCO. Series of revisions The IMO has been issuing MSC.1/circ.1 in a series of revisions, each time a new Member State informs the IMO of their national focal point of contact for crew change and repa....

Mfame Published 3y-1w-1d-13h-36m ago

The Swedish Club Partners With CWA To Reduce Cargo Claims

The Swedish Club has partnered with CWA International to develop its new Cargo Advice series, says a press release published on their website. Cargo claims The Swedish Club has partnered with industry leading cargo consultants, CWA International, to develop its new Cargo Advice series.  The series ....

Mfame Published 3y-1w-1d-13h-41m ago

KR & HHI Ink Strategic Partnership MoU for GHG Issue

Korean Register KR signed an MOU with Hyundai Heavy Industry HHI Group to work together to address key environmental challenges facing the industry, reports Manifold Times. Key environmental challenges  South Korean classification society Korean Register KR signed an MOU with Hyundai Heavy In....

Mfame Published 3y-1w-1d-13h-45m ago

High-Speed Internet Connectivity Cuts Seafarer Isolation

High speed internet connectivity allows seafarers to feel less isolated at sea, with VSAT enabled media and entertainment applications increasingly important as mariners have deployments extended due to Covid induced travel restrictions and quarantine requirements, reports riviera. Digital Acces....

Mfame Published 3y-1w-1d-14h-32m ago

EU Maritime Carbon Pricing, Call for Fair Proposal

An alliance of Greek and Swedish shipowners, along with Transport amp 38 Environment T amp 38 E write to European Commission about amp 8216 polluter pays principle’. They have called on the European Commission to put the ‘polluter pays principle’ at the core of its emissions trading sy....

Mfame Published 3y-1w-1d-15h-27m ago

Gasoline Margins’ Improvement Slits China’s Fuel Oil Output

Recovering gasoline refining margins in Asia Pacific are expected to cut Chinese fuel oil production, which will help relieve high inventory levels at major bunkering hubs in China, according to market sources, reports Argus Media. Chinese Fuel Oil Rate Chinese refiners boosted fuel oil output durin....

Mfame Published 3y-1w-1d-21h-27m ago

Understanding the Infrastructure of Ship Recycling Facility

It is widely criticized that recycling facilities do not have adequate procedures and infrastructure to collect and dispose of the hazardous waste recovered from the ships during the recycling process. However, it is critical to know and understand the infrastructure available at Alang, reads a pres....

Mfame Published 3y-1w-1d-22h-4m ago

Sea Trials Using Biofuels Launched To Curb Emissions

The Indian Register of Shipping IRClass has undertaken successful sea trials for two vessels towards use of biofuels in concurrence with the Indian flag administration, reads the website. The two vessels, namely Ambuja Mukund and Ambuja Vaibhav, are owned by Ambuja Cements Ltd., which is a part of....

Mfame Published 3y-1w-1d-22h-27m ago

Smart Bollard Testing Hopes For Positive Results

A new Smart Bollard is under test at Hutchison Ports ECT Delta Terminal on the Maasvlakte, Rotterdam, says an article published in PortStrategy. Innovation begins to accelerate improvements The Smart Bollard will be tested over the coming months and subject to positive results will be officially lau....

Mfame Published 3y-1w-2d-1h-42m ago

U.S. Shale Production, Its Impact on Oil Prices

U.S. oil production may never return to the weekly peaks of 13 million barrels per day bpd just before last year’s market crash. Drilling activity has been on the rise since the fall of 2020, and considering the lag between rising oil prices. Large listed producers promise restraint, and the mar....

Mfame Published 3y-1w-2d-6h-34m ago

Weekly Bulk Report – Week 14, 2021

The Capesize market continued this week with its constant and relatively steady improvement in rate values, reports Baltic Exchange. Capesize The Capesize 5TC lifted 4,058 over the shortened post Easter holiday week to $23,911.  While the Transpacific C10 remains the premium paying basin at $27,221....

Mfame Published 3y-1w-2d-10h-10m ago

[FAQ] What Is The Difference Between A Panamax & An Aframax Tanker?

There are several variations related to ships sailing on high seas. Panamax vessels, Aframax vessels, and Suezmax vessels are some of the most prevalent types. But what do they mean and what kind of ships do they represent Well, the answer is relatively easy, and it lies on the area that each ship ....

Mfame Published 3y-1w-2d-13h-22m ago

Monitoring The Enforcement Of IMO’s 2020 Sulphur Regulations

The International Maritime Organization’s 2020 Global Sulphur Limit Regulation, which is a significant challenge for the shipping industry, came into effect as of 1 January 2020. It limits the sulphur in fuel oil used on board ships operating outside designated emission control areas to O.5O% m/m ....

Mfame Published 3y-1w-2d-13h-26m ago

Ban on Discharge of Scrubber Wash Water in Territorial Waters

Turkey has banned the discharge of scrubber wash water in its territorial waters following in the footsteps of a number of governments, including that of Saudi Arabia and Singapore, reports offshore energy. The move was announced by the Turkish Ministry of Environment and Urbanization on April 6, 20....

Mfame Published 3y-1w-2d-15h-7m ago

ABB Sets Course for Sustainable River Transport With Electric Ferries

ABB has won a landmark contract with Spanish shipbuilder Astilleros Gondán to supply all electric power solution for ten new ferries transporting passengers across Lisbon’s Tagus river, reads the company website. Integrated electric power The 40m ferries will be operated by the public ferry  com....

Mfame Published 3y-1w-2d-21h-12m ago

Cyber Crimes Threaten Shipping Industry In A Modern Form Of Piracy

Cyber attacks pose a serious threat to corporations generally and those involved in shipping are no exception. The Cyber Risk team at Clyde amp 38 Co has worked on over 3,000 data breaches and cyber incidents including a number of the largest, most high profile incidents globally to date. Althoug....

Mfame Published 3y-1w-2d-22h-2m ago

Independent Technology For Construction of WTIV

Samsung shipyard acquires independent technologies for wind turbine installation vessel, says a press release published on Samsung Heavy Industries. Design and approval Samsung Heavy Industries SHI said that the design of its low carbon emitting WTIV concept has obtained “Approval in Principle....

Mfame Published 3y-1w-2d-23h-49m ago

Pan Ocean – Shell Inks LNG Bunkering Deal

Pan Ocean entered a contract to charter out an LNG bunkering vessel to Anglo Dutch major Shell, says an article published in Splash 247. $55 revenue deal South Korean shipping company Pan Ocean had entered a contract to charter out an LNG bunkering vessel to Anglo Dutch major Shell. It was noted tha....

Mfame Published 3y-1w-2d-23h-59m ago

Scrubber Installation in Ships, A Solution To Decarbonize

The use of exhaust gas cleaning systems, also known as scrubbers, on board vessels, is likely to get a leg up. It can be attributed to the global marine fuel sector that works through potential solutions to decarbonize, industry sources said. Vessel owners have increasingly been considering potentia....

Mfame Published 3y-1w-3d-4h-14m ago

Seanergy To Participate In Decarbonization Forum

Seanergy Maritime Holdings Corp. the “Company” or “Seanergy” NASDAQ: SHIP is pleased to announce its participation at Capital Link’s Decarbonization in Shipping forum taking place on Wednesday amp 38 Thursday, April 14 15, 2021 from 9.30am 4.30pm UK Time, reports Globe News Wire. Ev....

Mfame Published 3y-1w-3d-8h-6m ago

4 Weeks Preparation Needed Before Sailing Cruise Ships

It takes about four weeks to prepare a cruise ship for sailing again, said President and CEO of CMI, Jim Barreiro de León, reports Cruise Industry News. Preparation  “We are on a schedule of four weeks prior to the actual activation and moving of the vessel at the moment because of the quarantin....

Mfame Published 3y-1w-3d-8h-7m ago

Seafarers Abandoned, Victimized and Depressed

A crew member from an abandoned bulk carrier told Lloyd’s List that the situation has reached a critical point. The 19, mainly Indian, seafarers are feeling neglected and helpless, and suffering from depression. The situation on board a bulk carrier abandoned since July 2019, is bleak for the 19 s....

Mfame Published 3y-1w-3d-12h-14m ago

Singapore To Extend Validity of STCW Certificates

The Singapore authorities will continue to extend the validity of STCW certificates on a case by case basis given the difficulties of renewal due to the Covid 19 pandemic. MPA and IMDA noted that some seafarers still faced difficulties renewing STCW certification due to the ongoing Covid 19 pandemic....

Mfame Published 3y-1w-3d-12h-35m ago

Plans To Extend Validity of STCW Certificates

The Singapore authorities will continue to extend the validity of STCW certificates on a case by case basis given the difficulties of renewal due to the Covid 19 pandemic. MPA and IMDA noted that some seafarers still faced difficulties renewing STCW certification due to the ongoing Covid 19 pandemic....

Mfame Published 3y-1w-3d-12h-35m ago

CMA CGM Sets New Container Record

Group amp 8217 s Jacques Saade ship sets a new world record for full containers onboard as it leaves Singapore. It has the highest number of full containers aboard a single vessel. According to an article published in Euro Fruit, CMA CGM Jacques Saade has set a new world record of the highest numb....

Mfame Published 3y-1w-3d-22h-59m ago

EMSA’s RPAS Services Monitor Ship Emissions For Lithuania

In response to a request from the Environmental Protection Department of Lithuania’s Ministry of the Environment, EMSA is providing the country with Remotely Piloted Aircraft System RPAS services to assist in monitoring ship emissions, protect the marine environment and improve maritime safety, ....

Mfame Published 3y-1w-3d-23h-21m ago

How Can Employers Support Seafarers Wellbeing?

The maritime sector is increasingly turning its attention to environmental, social and corporate governance “ESG” issues. While decarbonisation of shipping is at the top of the ESG agenda, there is also increasing awareness about crew welfare, as reflected by market analysis carried out by WFW....

Mfame Published 3y-1w-3d-23h-57m ago

CMA CGM Picks Biomethane for 1st Low-carbon Shipping 

CMA CGM launches a first low carbon shipping solution, bringing the Group a step closer toward carbon neutrality, says a press release published on their website. Low carbon shipping CMA CGM provides customers with a new and immediately available solution, bringing the Group a step closer toward car....

Mfame Published 3y-1w-4d-11m ago

Stena Bulk Targets Net Zero Emission By 2050

Stena Bulk announced a set of 5 dated decarbonization targets which form a comprehensive roadmap for the company to become a net zero business by 2050, says a press release published on their website. First milestone achieved in 2020 The first of these milestones were achieved in 2020 when Stena Bul....

Mfame Published 3y-1w-4d-17m ago

NAPA Joins Clean Propulsion Technologies Consortium 

NAPA joins Consortium that brings together leading academic bodies and industry experts in developing low carbon technologies for shipping. The total project volume is approximately 15 m euros where Business Finland supports with €7.9 m and the rest is funded by the other members.  NAPA will appl....

Mfame Published 3y-1w-4d-21m ago

Shipping Demand Stays Strong Amid Tight Sea Cargo Market

According to Hapag Lloyd CEO, a robust demand for shipping goods across the world’s oceans shows no signs of slowing down signaling that elevated rates in the tight market for seaborne cargo may extend into the second half of the year, Bloomberg Quint reports. Surging demand amid strong bookings R....

Mfame Published 3y-1w-4d-2h-10m ago

FEED Contract Awarded for Floating LNG Project

Wison Offshore amp 38 Marine has won the floating LNG FLNG unit front end engineering and design FEED contract for the Galveston LNG Bunker Port GLBP project. GLBP will feature a floating liquefaction plant and provide LNG marine fuel to vessels at the ports of Houston, Texas City, and Galv....

Mfame Published 3y-1w-4d-2h-41m ago

ICS Publishes New Maritime Security Guidance

The International Chamber of Shipping ICS has published a comprehensive guide to prepare the shipping community for threats such as piracy, kidnapping, and terrorism. Staying alert to security risks ICS said that the shipping industry continues to face threats and operators need to stay alert to c....

Mfame Published 3y-1w-4d-3h-14m ago

Seafarers Request To Appoint SRO

The Goan Seamen Association of India requested the shipping ministry to appoint a seafarer relation officer SRO mandatory for registered shipping companies. These officers will act as a single point of contact for seafarers to voice their grievances. According to an article published in Times of I....

Mfame Published 3y-1w-5d-12h-57m ago

Fire Erupts On Antarctic Supply Ship

The Australian Transport Safety Bureau ATSB has launched an investigation into a fire onboard an Antarctic resupply vessel, with the stricken ship still days from reaching Australia, reports ABC News. Key points: No one was injured in the fire, the ship amp 8217 s operator said The captain has ch....

Mfame Published 3y-1w-5d-13h-32m ago

Suez Canal Unblocked, But the Ever Green is Still Stuck!

Egyptian authorities say they won’t release ship until its owners pay compensation and an investigation is complete. Decision on vessel departure Egypt will release the giant container ship, that had blocked the Suez Canal for nearly a week, once a deal is reached on compensation for related losse....

Mfame Published 3y-1w-5d-23h-45m ago

Suez Canal Won’t Release Ever Given Till Compensation

Egyptian authorities say they won’t release ship until its owners pay compensation and an investigation is complete. Decision on vessel departure Egypt will release the giant container ship, that had blocked the Suez Canal for nearly a week, once a deal is reached on compensation for related losse....

Mfame Published 3y-1w-5d-23h-45m ago

IBIA Offers Insights on Pandemic Bunker Transition

The International Bunker Industry Association IBIA will be organising the first of its ‘Bunkering amp 38 Shipping in Transition’ series of conferences for 2021 from Monday, 12 to 13 April. Global bunkering industry comes together The digital event aims to bring together the global bunkering....

Mfame Published 3y-1w-6d-12m ago

IBIA Conference Takes on Maritime Market Developments

The International Bunker Industry Association IBIA will be organising the first of its ‘Bunkering amp 38 Shipping in Transition’ series of conferences for 2021 from Monday, 12 to 13 April. Global bunkering industry comes together The digital event aims to bring together the global bunkering....

Mfame Published 3y-1w-6d-12m ago

IBIA Conference To Discuss Bunker Transition from COVID-19 Crisis

The International Bunker Industry Association IBIA will be organising the first of its ‘Bunkering amp 38 Shipping in Transition’ series of conferences for 2021 from Monday, 12 to 13 April. Global bunkering industry comes together The digital event aims to bring together the global bunkering....

Mfame Published 3y-1w-6d-12m ago

Ship Recycling Industry ‘Stays Busy’ Even Amid Pandemic Crisis

Even with the pandemic raging over a year, the ship recycling industry isn’t getting any rest. The Hindu Business Line has reported that there is an increase in the number of ships heading for scrap yards like Alang in Gujarat, India. Alang shipbreaking yard  Alang had an unprecedented time teach....

Mfame Published 3y-1w-6d-6h-40m ago

Baltic Freight Index Falls As Panamax, Supramax Demand Dips

 The Baltic Exchange amp 8217 s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, eased on Thursday as weaker panamax and supramax rates outweighed a rise in the larger capesize segment, reports Yahoo Finance. Looking into the rates  * The Baltic dry index, which....

Mfame Published 3y-1w-6d-13h-5m ago

2 Murals Built Acknowledging The Efforts Of Seafarers During The Pandemic

To thank seafarers, port workers and other frontline maritime personnel for keeping the Port of Singapore open during the COVID 19 pandemic, the Maritime and Port Authority of Singapore MPA , together with PSA Corporation Limited PSA and Jurong Port JP , have commissioned two mural art displays,....

Mfame Published 3y-1w-6d-13h-6m ago

Stena Line Aims 30% Emission Reduction by 2030

In 2020, ferry company Stena Line continued to reduce its total CO2 emissions and is ten years ahead of the IMO international shipping emission reduction targets. The Swedish shipping company is now accelerating the transition towards fossil free shipping. It presents its plan to reduce total CO2 em....

Mfame Published 3y-1w-6d-13h-15m ago

Second Fire To Assuage Foreign Flagged Vessels

A serious fire on board the vessel MPV Everest has caused significant damage, with flames engulfing cargo on the deck says an article on HandyShpping. Opposition to management in foreign hands The Maritime Union of Australia MUA has made no secret to its strong opposition to the chartering by the....

Mfame Published 3y-1w-6d-13h-23m ago

Top Carriers Embrace Track & Trace Standards

Nine of the container shipping industry’s top carriers have adopted the open source, free track and trace T amp 38 T standards developed by the association. The members of the Digital Container Shipping Association DCSA are CMA CGM, Evergreen, Hapag Lloyd, HMM, Maersk, MSC, ONE, Yang Ming and....

Mfame Published 3y-1w-6d-13h-26m ago

DNV Suggests CCS Procedures As Energy Transition Accelerates

DNV has published new procedures designed to provide the required safety level in transporting CO2 by pipelines and strengthen the development of CCS projects. This follows the outcome of the CO2SafeArrest joint industry project JIP between Energy Pipelines CRC Australia and DNV. As energy trans....

Mfame Published 3y-1w-6d-21h-19m ago

Hapag-Lloyd’s 1st LNG Containership Retrofit Enters Service

The world’s first conversion of a large containership to LNG as fuel has been completed, German liner company Hapag Lloyd has confirmed. The 15,000 TEU vessel Sajir, now renamed Brussels Express, departed the Chinese shipyard Huarun Dadong Dockyard Co. and is now heading toward Busan, Korea. Germa....

Mfame Published 3y-1w-6d-23h-3m ago

[Watch] Tanker & Bulker Collided, Both Seriously Damaged

A brand new product tanker collided with Greek bulk carrier in Manila Bay 3 nm north of Cavite City, at 2150 LT UTC +8 Apr 7, in the Manila anchorage area, reports Maritime Bulletin.  What happened The new product tanker reportedly was leaving anchorage, she arrived there in the morning Apr 7 fr....

Mfame Published 3y-2w-1h-18m ago

Snohetta Starts Construction Of World’s First Ship Tunnel

Construction of the world amp 8217 s first mile long ship tunnel has been started at Snohetta’s entrance through norwegian coastline, says an article published in DesignBoom. Project ship tunnel The project, being first of its kind, was first commissioned in 2016 by the norwegian coastal administ....

Mfame Published 3y-2w-1h-22m ago

UK’s Updated Arrival Requirements For Seafarers

According to an article published in Superyacht News, Following the UK government’s move to exempt seafarers returning to the UK from ‘red list countries’ from travel restrictions, including hotel quarantine, some further changes have been made to the requirements for seafarers when entering t....

Mfame Published 3y-2w-1h-44m ago

Stolt Tankers Trials Biofuel At Rotterdam

According to an article published in Argus Media, Norwegian shipowner Stolt Tankers successfully trialled marine biofuel at the Dutch port of Rotterdam last week. Marine Biofuel The marine biofuel was supplied by Netherlands based GoodFuels, and was used in Stolt Tankers amp 8217 37,000 dwt chemic....

Mfame Published 3y-2w-2h-54m ago

BSAG Launches a Pilot Project to Examine Ship Generated Waste Flows

Baltic Sea Action Group BSAG launches a pilot project to examine ship generated waste flows and related information flows at the port of Oulu. The pilot aims at recognizing all stakeholders in the value chain, identifying eventual points of friction, and seeking best practices for waste management....

Mfame Published 3y-2w-3h-36m ago

Alfa Laval Ventures into Liquid Wind Project

Alfa Laval is becoming a partner in Liquid Wind. Engineering company Alfa Laval has joined a growing group of companies investigating methanol as an alternative bunker fuel, with an investment in the Liquid Wind project. Alfa Laval has become a partner in Swedish firm Liquid Wind. A recent Ship....

Mfame Published 3y-2w-4h-7m ago

Biological Invasions Continue To Put A ‘Rise’ in Economic Losses

Biological invasions are responsible for substantial biodiversity declines as well as high economic losses to society and monetary expenditures associated with the management of these invasion, reads a recent article published in Nature. Economic costs of biological invasions According to a recent r....

Mfame Published 3y-2w-23h-4m ago

US Gasoline Build Curbs Crude Futures Amid Bullish Economy

Crude oil futures were rangebound in mid morning trade in Asia April 7 as a build in US gasoline stocks countered a stronger macroeconomic outlook in two closely watched reports released late April 6, reports Platts. Lack of equilibrium At 11:27 am Singapore time 0327 GMT , the ICE Brent June contr....

Mfame Published 3y-2w-23h-33m ago

CSSC Subsidiary Delivers China’s First Low-Speed LNG DF Marine Engine

According to an article published in Offshore Energy, CSSC’s subsidiary China Shipbuilding Power Group has delivered CX40DF, China’s first low speed LNG dual fuel marine engine, in Zhenjiang, Jiangsu. Engine Delivery The official delivery to China State Shipbuilding Corporation Limited CSSC Hu....

Mfame Published 3y-2w-23h-37m ago

Sustainable Alternative For Empty Containers

The Rotterdam firm K tainer has come up with a new sustainable alternative for empty containers, says an article published on K tainer. Cause of Initiative Some twenty million sea containers move across our planet, carrying freight to every corner of the globe. After being unloaded at their destinat....

Mfame Published 3y-2w-23h-51m ago

Kogas Orders LNG Bunker From HHI

According to an article published in LNG Prime, South Korean LNG importing giant Kogas said it has ordered a liquefied natural gas bunkering vessel from compatriot Hyundai Heavy Industries. Shipbuilding Contract Kogas said in a statement its newly established LNG bunkering unit signed the shipbuildi....

Mfame Published 3y-2w-1d-7m ago

Flagships Set To Debut World’s 1st Hydrogen-powered Vessels

The European innovation project Flagships will deploy the world’s first commercial cargo transport vessel operating on hydrogen later this year. The hydrogen cargo transport vessel will be owned by French inland shipowner Compagnie Fluvial de Transport CFT , a subsidiary of the Sogestran Group. T....

Mfame Published 3y-2w-1d-34m ago

A Platform That Helps To Increase Sustainable Marine Fuels Supply

According to an article published in Safety4sea, Danish innovation project ShippingLab revealed plans to create an internationally recognized platform for testing and validating new fuel solutions that can aid in reducing or eliminating GHG emissions from shipping. Project Aim The aim of the project....

Mfame Published 3y-2w-1d-35m ago

Do Covid Survivors Suffer ‘Brain Disease’?

According to an article published in CNN, as many as one in three people infected with Covid 19 have longer term mental health or neurological symptoms, researchers reported Tuesday. Lancet Psychiatry Study They found 34% of Covid 19 survivors received a diagnosis for a neurological or psychological....

Mfame Published 3y-2w-1d-50m ago

World’s Deepest Shipwreck Discovered & Mapped

The world amp 8217 s deepest shipwreck, the USS Johnston has been discovered by a US based crew.  The team mapped and filmed the wreckage in a 16hour extensive dive.  The ship lies 21 thousand feet under the sea in the Philippines.   It sunk by the Japanese navy after a gruesome 2 and half hour....

Mfame Published 3y-2w-1d-1h-48m ago

5 Bulkers To Get Nippon Paint Marine’s New Self-polishing Antifouling Paint

amp 160 Nippon Paint Marine said it has secured a first reference for its new self polishing antifouling paint FASTAR following an agreement with Turkey’s Iskenderun Ship Management, says an article published in MarineLink. Ata M and Toros M The Panamax ships Ata M and Toros M will drydock at C....

Mfame Published 3y-2w-1d-2h-18m ago

Crew Change Enhancements by Singapore MPA

Singapore MPA will consider the certain circumstances for crew change applications in Singapore. Singapore Crew Change Work Group SGCC WG has updated the Singapore Crew Change Guidebook SGCCG to reflect the updates. Version 6 of the SGCCG along with PMC 10 of 2021 are available for download on t....

Mfame Published 3y-2w-1d-4h-13m ago

Suez Canal Authorities Plan for Expansion of Waterway

Suez Canal Chairman Osama Rabie told Reuters on Tuesday an expansion of the southern section of the waterway was under consideration. It is where the massive container ship Ever Given became stranded. The authority is also looking into procuring the kinds of cranes that could potentially offload car....

Mfame Published 3y-2w-1d-4h-19m ago

Valletta To Install Cold Ironing for Cruise Calls

Cruise ships calling at the Mediterranean port of Valletta should be able to plug in for their power when docked at the port, reports ship amp 38 bunker. Two firms, Nidec Group and Excel Sis, have landed the contract to install electric ship power for visiting ships, according to Marine Link. Wha....

Mfame Published 3y-2w-1d-5h-37m ago

Grappling with IMO’s COLREGS and Vessels Crossing at Channel Entrances

Let us assume your tug is leaving port, outbound in a narrow channel a nautical mile or two from the exit, making 8 knots. You are complying with IMO’s collision regulations COLREGS narrow channel rule 9 a and are sticking to the starboard side of the channel. You, however, observe a ....

Mfame Published 3y-2w-1d-12h-58m ago

Importance of Cyber Security Onboard Ships

 Kemedi Moara Nkwe University of Plymouth amp 8220 NCSC can play a big role amp 8221 National Cyber Security Centres NCSC critical for shipping, says an article on Riviera. Assist in cyber security implementation NCSC amp 8217 s could be central to the maritime industry’s defence a....

Mfame Published 3y-2w-1d-13h-5m ago

Gasnor To Supply LNG For Ulvan Rederi

Nowegian Gas Supplier Gasnor will supply Ulvan Rederi’s new hybrid vessel with LNG under the terms of a 5 year supply agreement, says an article published in Ship amp 38 Bunker. Ulvan Rederi amp 8217 s Ship Ulvan Rederi amp 8217 s ship the amp 8216 Oddrun With amp 8217 is under construction....

Mfame Published 3y-2w-1d-13h-9m ago

Oil Price Plunged 4.6% Amid Virus Risk

According to an article published in Bloomberg Quint, Oil plunged the most in nearly two weeks as growing delays in Europe’s reopening and looming Iranian supply dampened hopes for a swift decline in global inventories. UK amp 8217 s Global trade Futures in New York fell as much as 4.6% on Monday....

Mfame Published 3y-2w-1d-13h-30m ago

ABB Azipod Propulsion Marks 3 Decades of Excellence at Sea

According to a press release published by ABB, from its creation three decades ago to its market leading position in global shipping today, Azipod® propulsion has revolutionized marine transport with its unparalleled performance, efficiency, sustainability and reliability. Amazing Availability Rate....

Mfame Published 3y-2w-1d-13h-38m ago

HMM’s 2022 Target is 1 Million TEU Fleet Capacity

HMM celebrated the 1st anniversary of its launching company under a new mission on April 1. HMM’s initiative was promoted to provide a focal point to various newly recruited members and to create a new shipping company culture. The change of company name is not just remembered as a shipping compan....

Mfame Published 3y-2w-1d-14h-39m ago

Toyota Completes First Trial of Hydrogen Fuel Cell

Toyota has announced that it has completed its 1st sea trial of hydrogen fuel cell boat, says an article published in PlugBoats. Development of various fuel cell boats Toyota already has fuel cells working away on the Energy Observer research ship, which creates hydrogen from the sea water it travel....

Mfame Published 3y-2w-2d-1h-10m ago

Aframax Tankers Runs Aground in Suez Canal

According to GAC.com, two Aframax tankers ran aground while transiting Suez Canal near the 132 kilometer mark, reports Maritime Bulletin.  What happened Two Aframax tankers in ballast ran aground while transiting Suez Canal near the 132 kilometer mark, about to enter Great Bitter Lake in northboun....

Mfame Published 3y-2w-2d-1h-47m ago

BW Group Launches Brand New ‘Green’ Commercial Platform

Bonfils launches green tonnage chartering platform. New platform is backed by BW Group and Weco Shipping and aims to help charterers find amp 8216 greener amp 8217 tonnage. A well known name in dry bulk circles, Christian Bonfils, has formed a green tonnage chartering platform in Copenhagen, wit....

Mfame Published 3y-2w-2d-2h-22m ago

Water Logged Equipment Leads To Crew Electrocution

Following its Safety Flashes series, IMCA described a case where a crewmember experienced an electric shock due to water in electrical equipment. The Incident There was an uncontrolled spraying of fresh water from a sounding pipe in the galley, resulting in electrical equipment getting wet. As a res....

Mfame Published 3y-2w-2d-3h-23m ago

Shipping Container Crunch Shows Signs of Easing

Container xChange saw turning point in mid February. Liners have realigned containers to meet transpacific demand. Elevated rates for shipping containers have begun to ease, according to market participants from various regions, but remain well above levels seen prior to the pandemic, reports ICIS. ....

Mfame Published 3y-2w-2d-3h-47m ago

Is Suez Canal Infrastructure Upgrade Imperative?

Egypt’s Suez Canal must move quickly to upgrade its technical infrastructure if it is to avoid future shipping disruption, shipping industry sources said, as the major trade route tries to bounce back from a costly six day closured, reports Reuters. Disruption in the supply chain International sup....

Mfame Published 3y-2w-2d-6h-34m ago

Highest Quarterly Sales Volume, Alphaliner Reports

The Alphaliner Weekly Newsletter is distributed every Tuesday. Information is given in good faith but without guarantee. The last three months of 2020 saw the highest quarterly sales volume by teu since 2017. Prices have firmed at high levels in some segments, yielding good asset play. The average a....

Mfame Published 3y-2w-2d-13h-49m ago

How Complicated Salvage and Wreck Removal Can Get

If you want to know how bad the Ever Given situation in the Suez Canal could have got, look no further than the MV Golden Ray in the United States, reports gcaptain. Cutting of Section Seven The car carrier had some 4,200 vehicles on board when it lost stability near the Port of Brunswick in amp ....

Mfame Published 3y-2w-2d-17h-2m ago

CRYO Shipping Establishes Bunkering Service In South-East Asia

According to an article published in Manifold Times, Norwegian downstream liquified natural gas LNG and biogas supply company CRYO Shipping CRYO on Friday 2 April said it is establishing its LNG bunker service in South East Asia, which was marked by an LNG bunkering operation completed by CRYO....

Mfame Published 3y-2w-3d-27m ago

This New ‘Cargo-ship Based’ Technology Helps Forecast Tsunami

By using GPS data to monitor slight changes in elevation, the world’s fleet of commercial vessels could aid in forecasting incoming waves, reads an article in Wired. Swirling through Tsunami Boats steadily bob amid the waves. But a passing tsunami slightly alters the sea surface elevation, changin....

Mfame Published 3y-2w-3d-33m ago

CSSC Begins Constructing 50 LNG-Fuelled Bulkers

According to an article published in Manifold Times, China State Shipbuilding Corporation CSSC on Thursday 1 April said Guangzhou Shipyard, a subsidiary of China State Shipbuilding Corporation, in collaboration with Guizhou Shipbuilding Co, a subsidiary of CSSC Guangxi, has officially started co....

Mfame Published 3y-2w-3d-1h-7m ago

Innospec’s New Bunker Fuel Additive Package

According to an article published in Ship amp 38 Bunker, Fuel additives manager Innospec has released its new suite of new bunker fuel additives for the marine and bunker fuel market. Products amp 8217 Aim The new Trident products are aimed at improving the flow properties and operability of ULSF....

Mfame Published 3y-2w-3d-1h-23m ago

Cargo Ship Hold-up Off LA Nears 6-month Mark

The average wait for L.A. berth space rises to eight days Delays saddle importers with extra costs, supply complications Ship congestion outside the biggest U.S. gateway for Asian imports remained elevated with the wait to offload containers lengthening to eight days, reports Bloomberg. Added cost i....

Mfame Published 3y-2w-3d-1h-27m ago

Panama Maritime Authority Issues Guidelines To Fight Fatigue Onboard

As part of its latest Merchant Marine Notice, Panama Maritime Authority sheds light on the risks and concerns related to fatigue and other health risk activities on board, reports Safety4sea. Definition of fatigue According to the circular, shipowners or operating companies should pay special attent....

Mfame Published 3y-2w-3d-2h-51m ago

Why Maritime Workers Are on Protest?

Australian maritime workers will protest outside the head office of CSL Australia tomorrow, both to support Canadian seafarers who are fighting Canada Steamship Lines for job security and a fair contract, and in opposition to CSL replacing Australian crews working in the Australian coastal trade, re....

Mfame Published 3y-2w-3d-5h-19m ago

VDL AEC Installs 24 Scrubbers On Maran Vessels

VDL AEC Maritime says it has completed the Installation of 24 scrubbers on vessels of Athens based ship owner Maran Dry Management Inc, reports Ship amp 38 Bunker. Despite the challenges The programme has been underway for the last three years. amp 8220 Despite the many challenges at the various s....

Mfame Published 3y-2w-3d-5h-57m ago

Cargo Ship Collision, 17 Missing

A bulk carrier collided with local fishing vessel at around 1645 WIT UTC +7 Apr 3 northeast of Jakarta, West Java, Java sea, reports TOI. What happened A collision between bulk carrier and a fishing boat left 17 people missing off  Indonesia amp 8217 s main island of Java, officials said Sunday....

Mfame Published 3y-2w-3d-13h-23m ago

Arctic Route Gets Attention After Suez Debacle

The massive maritime traffic jam caused by Ever Given’s misadventure in the Suez Canal has highlighted the attractiveness of alternative routes via the North Pole. It implies a shift that carries strategic and commercial implications for South east Asia. Russian authorities used the opportunity to....

Mfame Published 3y-2w-3d-14h-56m ago

No Commercial Cargo Route Through Arctic, Reassures MSC

MSC Mediterranean Shipping Company has doubled down on its position to avoid considering the Northern Sea Route. It includes the Northeast and Northwest Passages on environmental grounds. An expansion of Arctic shipping could increase the emissions of so called black carbon – physical particles of....

Mfame Published 3y-2w-3d-15h-45m ago

[Watch] Out of Control Cargo Ship Scared Local Riverside Residents

Cargo ship scared sick local residents living in riverside houses in Chao Phraya river near Laem Temple, Phra Pradaeng District Samut Prakan, Bangkok, when the ship sailing downstream suddenly went out of control and landed onto riverside piers and houses, at around 1200 Bangkok time Apr 3, reports ....

Mfame Published 3y-2w-3d-22h-44m ago

Forwarders in Chaos, As Maersk Suspends Contract Bookings

Maersk’s decision to “temporarily suspend” spot and short term contract bookings from Asia following the Suez Canal blockage has left forwarders and NVOCCs scrambling for alternatives, reports the Loadstar. Spot market volatility Maersk estimated a loss of capacity across its network of up to ....

Mfame Published 3y-2w-3d-23h-17m ago

MOL Updates Its Version Of Environmental Strategy

According to an article published in Safety4sea, Japanese shipping company MOL revealed plans to further advance its environmental vision, shedding particular focus on achieving Net Zero GHG emissions through the group business to 2050. Plan Announcements  This was announced by the Group’s new Pr....

Mfame Published 3y-2w-3d-23h-21m ago

Suez Canal Finally Reopens After Giant Stranded Ship Freed

The extensive backlog caused after the Ever Given shipping container got stuck in the Suez Canal is set to finally come to an end. SCA officials said the last ships that were stranded after the massive vessel would pass through today. Osama Rabie, the chairman of the SCA, said 85 ships that were del....

Mfame Published 3y-2w-4d-6m ago

Meriaura Group Develops 100% Carbon Neutral Transport Concept

According to an article published in Meriaura Group, Meriaura has started the preparation and design of a transport concept that targets to  100% carbon neutrality. Transportation Concept The concept is based on hybrid propulsion that combines sustainably produced bio oil and battery technology. In....

Mfame Published 3y-2w-4d-21m ago

MAIB Issues Safety Warning on Laid Up Cruise Ship Anchor Failures

amp 160 The UK’s marine accident investigation branch MAIB has become concerned at the number of recently reported marine incidents involving cruise ship anchor systems failures and has published a safety bulletin to bring the issue to the attention of the cruise industry and to highlight the....

Mfame Published 3y-2w-4d-27m ago

Baleària’s First LNG-fueled Ferry To Sail New Route

Spanish ferry operator Baleària has selected its LNG fueled ferry Hypatia De Alejandria to operate the route between the Spanish town of Motril and the Spanish autonomous city of Melilla in North Africa, reports Offshore Energy. First LNG ferry The 26,000 gross ton Hypatia de Alejandría is the fir....

Mfame Published 3y-2w-4d-1h-11m ago

Noise-Reduction Crude Carrier Wins DNV’s Regulation Certificate

According to an article published in Aju Business Daily, a 115,000 ton crude carrier built by South Korea amp 8217 s Hyundai shipbuilding group with underwater radiated noise reduction technology has received regulation certification from DNV, an accredited registrar and classification society bas....

Mfame Published 3y-2w-4d-1h-33m ago

Crew Change Allowed for Foreign Seafarers

The government has allowed foreign seafarers to enter the country to board ships, Malacañang said on Tuesday. The decision was made following the recent meeting of the Inter Agency Task Force for the Management of Emerging Infectious Diseases IATF EID . Foreign seafarers would be allowed to ente....

Mfame Published 3y-2w-5d-11h-46m ago

Make Way for Ultra Clean Marine Fuel Made from Plastic Waste!

Marine fuels are turning more eco friendly as a new type of fuel made from plastic waste is set to enter the market, reports Mining.com What is it London based Clean Planet Energy announced the creation of two new ultra clean fuels manufactured to replace fossil fuels in the marine industry.  Acco....

Mfame Published 3y-2w-5d-12h-34m ago

Royal Alfred Seafarers’ Society Dedicates A Garden For Seafarers

The Royal Alfred Seafarers’ Society has established a Stella Maris Rose Garden at its specialist maritime care home to celebrate the centenary of the seafarer charity Stella Maris, formerly known as the Apostleship of the Sea, says an article published in Seanews. Garden for Seafarers The garden, ....

Mfame Published 3y-2w-5d-13h-44m ago

Ever Given Owner Declares General Average

As the investigation into the grounding of the Ever Given in the Suez Canal begins, the vessel’s Japanese owner, Shoe Kisen, this morning declared General Average, reports The loadstar. Circular From Evergreen And a customer circular from Evergreen, seen by The Loadstar, confirms that Shoe Kisen....

Mfame Published 3y-2w-5d-15h-12m ago

CDB Ship Leasing Assets Hit Record Of $5.26bn In 2020

According to an article published in Seatrade Maritime News, The total assets of ship leasing business of China Development Bank Leasing amounted to RMB34.18bn $5.26bn in 2020, hitting a record high. Growth of Ship Leasing Assets Among which the ship leasing assets amounted to CNY30.49bn and the o....

Mfame Published 3y-2w-6d-1h-15m ago

Suez Canal Block To Cause ‘Large Loss’ for Lloyd’s of London

The blockage of the Suez Canal for nearly a week will result in a “large loss” for Lloyd’s of London, its chairman said on Wednesday, reports Claims Journal. Trade block The Ever Given container ship blocked the crucial trade route for nearly a week before it was successfully refloated on Mon....

Mfame Published 3y-2w-6d-7h-35m ago

Ever Given Charterer Denies Responsibility for Cargo Delays

Evergreen risk exposure from Suez ‘very low’: President Hsieh. Company says 12 vessels it uses were impacted by shutdown of Suez. Taiwan’s Evergreen Marine Corp., which chartered the Ever Given vessel that grounded in the Suez Canal, halting marine traffic through the waterway for about six da....

Mfame Published 3y-2w-6d-7h-54m ago

US To Set New ‘VIDA’ Regulation For Discharges

The US is planning a new set of regulations for discharges from tankers and other vessels , including from ballast water and scrubber wash water, the “Vessel Incidental Discharge Act”. Steve Candito, CEO of Ecochlor, explained the implications, reports Tanker Operator. New Regulations The US En....

Mfame Published 3y-2w-6d-9h-54m ago

March JKM LNG Futures Volume Rises 8% YOY To 15.3 mmt

According to exchange and broker data, JKM LNG futures trading volumes cleared on financial exchanges in March rose 8% YOY to 15.3 million mt, or 79,804 lots, reports Platts. High MOM volume The March volume was 28% higher month on month. Total volumes traded in the first quarter of the year were at....

Mfame Published 3y-2w-6d-11h-58m ago

Wartsila Signs Minerva LNG Tankers Maintenance Deal

Wärtsilä has signed long term Optimised Maintenance agreements covering five LNG Carrier vessels owned and operated by Greece based Minerva Gas Inc., says a press release published on their website. Scope of the agreement Included in the scope of the agreements is Wärtsilä’s Expert Insight, a....

Mfame Published 3y-2w-6d-13h-19m ago

Update on Scrubber Discharge Bans in Countries & Ports

Countries and Ports to hold Restrictions on EGCS Discharges Apply, an article was published on North P amp 38 I Club. Scrubber in shipping industry It is known that the use of scrubbers has split the shipping industry. To date, several ports and regions have stated that they will not allow the disc....

Mfame Published 3y-2w-6d-13h-31m ago

MAN’s ME-GI Sets New Industrial Standard

Man Energy Solutions announced dual fuel engines more preferred in entirety, says a press release published on their website. ME GI a new industrial standard MAN Energy Solutions successful ME GI Gas Injection engine has set a new industrial standard for two stroke propulsion engines aboard. The ....

Mfame Published 3y-3w-12m ago

Inmarsat Signs Representation Agreement With SRH Marine Electronics

According to a press release published by Inmarsat, Inmarsat, the world leader in global, mobile satellite communications, has signed an agreement with SRH Marine Electronics for SRH to provide formal representation for support to customers in Greece and Cyprus, whose Inmarsat Maritime contracts wer....

Mfame Published 3y-3w-1h-19m ago

Suez Backlog Moves, But Port Congestion Expected To Follow

Almost 400 ships poised to transit key commodity chokepoint Freight rates start to dip after brief Suez boost Maersk warns of port congestion and lengthy delays Southbound and northbound traffic on the Suez Canal has recommenced a day after the stricken Ever Given container ship was freed, market so....

Mfame Published 3y-3w-1h-58m ago

Grindrod Shipping Announces Sale of Tanker Trio

Grindrod Shipping Holdings Ltd, a global provider of maritime transportation services predominantly in the drybulk sector, announced two separate transactions with respect to its fleet, reports Yahoo Finance. Sale of tanker trio On March 11, 2021, the Company contracted to sell the 2013 built medium....

Mfame Published 3y-3w-2h-49m ago

IMO Launches 8 Practical Measures To Support Low Carbon Shipping

To support the Low Carbon Shipping effort, the IMO Global Industry Alliance GIA published a guide with eight practical measures seaports can take to reduce greenhouse gas emissions from shipping. The Port of Rotterdam was actively involved in bringing about the guide and has put part of the recomm....

Mfame Published 3y-3w-3h-6m ago

CNOOC Signs Deal To Supply LNG for Bulk Carrier Fleet

China National Offshore Oil Company CNOOC has signed a deal to supply LNG to GNG Ocean Shipping’s recently ordered fleet of small bulk carriers, reports LNG Prime. LNG supply to bulk carriers CNOOC said in a statement that its gas and power unit would fuel the 50 LNG powered vessels, but the sta....

Mfame Published 3y-3w-3h-22m ago

8000 teu Icebreaker Container Ship Designed for NSR

Following the recent Suez Canal blockage situation, Aker Arctic has developed a new concept for the Northern Sea Route, an icebreaking Arctic container ship, says an article published in safety4sea. About the Container ship In fact, Aker Arctic has designed an 8000 TEU container ship for independent....

Mfame Published 3y-3w-11h-31m ago

Propulsion Analytics and DNV Joins To Develop A CBM Ship Application

According to a press release published by Propulsion Analytics, Propulsion Analytics, a Greek high tech company providing vessel and engine performance evaluation applications, and DNV have received funding from Innovation Norway to develop a Condition Based Maintenance CBM application for ships. ....

Mfame Published 3y-3w-22h-11m ago

Hanseaticsoft Launches CFM Accommodations & Emergencies To Help Shipping Companies

According to an article published in Hanseaticsoft, Hanseaticsoft has launched ‘CFM Accommodations’ and ‘CFM Emergencies’ within its fleet management system, Cloud Fleet Manager CFM to help ship managers better plan and allocate their crew’s accommodation, and to provide crew with detail....

Mfame Published 3y-3w-22h-12m ago

Viridis To Play Lead In Green Shift In Shipping

Viridis Bulk Carriers aim to play a leading role in the green transition of the industry, offering their clients competitive, carbon free logistics solutions without sacrificing the performance of the vessels, says an article published in Arena Ocean Hyway Cluster. Most Promising Alternative Fuel Ma....

Mfame Published 3y-3w-22h-14m ago

Engine Failure Causes Grounding of Bulk Carrier

In its Monthly Safety Scenario, the Swedish P amp 38 I Club describes a case of a bulk carrier grounding caused by engine failure. Shortly after departing port, a main engine slowdown alarm was triggered due to a loss of cooling water in the main engine. The Master ordered half head, but there was ....

Mfame Published 3y-3w-1d-54m ago

HHI To Complete Hydrogen Value Chain by 2030

Hyundai Heavy Industries Group will complete a hydrogen value chain from production to transport, storage and sale of fuel cell by 2030, reports Pulse. Hydrogen roadmap 2030  Hyundai Heavy Industries Group with a mainstay in shipbuilding, robotics and rolling stock, unveiled its hydrogen roadmap 20....

Mfame Published 3y-3w-1d-1h-21m ago

Owner of Ship Stuck in Suez Canal Says Received No Compensation Claims

Shoei Kisen, the Japanese owner of a giant container ship which stuck and blocked the Suez Canal for almost a week, has not received any claims or lawsuits to seek compensation for damages from the blockage, a company official said on Tuesday, reports reuters. Compensation for Damage “There have b....

Mfame Published 3y-3w-1d-2h-32m ago

Gasum Publishes Responsibility Highlights in 2020

The energy company Gasum has published its Corporate Responsibility Report and Responsibility Highlights for 2020. The report focuses on key impacts from the social, environmental and economic perspectives. Gasum takes determined steps to promote sustainable development in accordance with the princi....

Mfame Published 3y-3w-1d-2h-34m ago

KR Granted AIP for 1st 8K Ammonia Bunkering Vessel

The Korean Register KR has granted approval in principle AIP for an 8K ammonia bunkering vessel, the first of its kind in Korea, reports offshore energy. Joint Development Project The bunkering vessel is owned by KMS EMEC, a design engineering company. The ship has been developed through a join....

Mfame Published 3y-3w-1d-2h-38m ago

[FAQ] What Is Drayage & Why Is It Important?

Drayage is a key component of transporting cargos for short distances, usually within a city or region. Drayage forms a crucial part of the logistics supply chain for a host of businesses. Its the process through which your freight makes it from the port or intermodal terminal to the next mode of tr....

Mfame Published 3y-3w-1d-2h-51m ago

Djibouti in Bunkering Spotlight Amid Suez Canal Crisis

The Suez Canal blockage has delivered a significant boost to marine fuel volumes at Djibouti highlighting the country amp 8217 s potential as a bunkering location for ships passing through the Gulf of Aden and the Red Sea, reports Ship amp 38 Bunker. Bunker volumes climb high Bunker volumes were....

Mfame Published 3y-3w-1d-3h-16m ago

ICS Issues Statement on Cargo Ship Refloating

A ICS press release reports the statement from Guy Platten, Secretary General of the International Chamber of Shipping, on the refloating of the Ever Given. Traffic resumes to normal! Along with the wider shipping community, ICS is pleased and relieved by the news that the Ever Given has been succes....

Mfame Published 3y-3w-1d-4h-56m ago

Foreship Expects Scrubber Demand to Increase

Independent naval architect and marine engineering specialist Foreship on Friday 26 March said with around 60 exhaust gas scrubber references it suggests that better than expected return on investments from open loop systems will translate into further orders once coronavirus related uncertainties....

Mfame Published 3y-3w-1d-6h-5m ago

ABB’s Turbocharger Boosts Efficiency With Cleaner Fuels

Shipowners can find more efficiency and reduced emissions from their two stroke engines by applying the latest turbocharging technology, reports Riviera. New regulations Tankers and bulk carrier tonnage will have to shoulder most of the added pressure stemming from the introduction of the IMO Energy....

Mfame Published 3y-3w-1d-8h-1m ago

MOL & Enviva Ink MoU To Explore GHG Emission Reduction

Mitsui O.S.K. Lines MOL and Enviva, have signed a memorandum of understanding agreement to develop and deploy an environmentally friendly bulk carrier, says a press release published on their website. MoU signed Enviva, a global energy company specializing in sustainable wood bioenergy, and Mitsui....

Mfame Published 3y-3w-1d-12h-25m ago

MOL & Kyuden Inks LNG Fuel Supply Pact

Mitsui O.S.K. Lines, Ltd. MOL and Kyushu Electric Power Co., Inc. Kyuden announced the basic agreement for the supply of liquefied natural gas LNG to two LNG fueled ferries operated by MOL Group company Ferry Sunflower Limited Ferry Sunflower amp 8211 the Sunflower Kurenai and the Sunfl....

Mfame Published 3y-3w-1d-13h-15m ago

Ex-Glencore Trader Charged With Oil Price Manipulation

A former Glencore Plc trader was charged by U.S. authorities with conspiracy to manipulate a key oil price benchmark, the latest sign that prosecutors around the world are stepping up their scrutiny of the notoriously opaque commodity trading industry, says an article published in Bloomberg. Fede....

Mfame Published 3y-3w-1d-23h-35m ago

GE Consortium To Build HVDC System for Offshore Wind Farm

GE Renewable Energy’s Grid Solutions and Sembcorp Marine awarded the full contract for the high voltage direct current HVDC transmission system Once operational, the Sofia offshore wind farm will be able to generate enough renewable energy to meet the electricity needs of almost 1.2 million aver....

Mfame Published 3y-3w-1d-23h-48m ago

The Key Outcome of IMO’s PPR 8 Sub-Committee

The 8th session of IMO’s Sub Committee on Pollution Prevention and Response PPR 8 took place virtually on 22 26 March 2021. Below is an overview of the key outcome of the meeting published by Lloyd’s Register on their website.  Amendments to the IBC Code Among others, the meeting approved ame....

Mfame Published 3y-3w-2d-28m ago

Furgo Divest Off Seabed Solutions

According to an article published in Furgo, Fugro has reached a binding agreement with PXGEO Seismic Services Limited PXGEO to sell certain assets and the related business of its non core subsidiary Seabed Geosolutions for USD 16 million approximately EUR 14 million in cash and the transaction i....

Mfame Published 3y-3w-2d-37m ago

Norwegian Collaboration To Launch Zero Emission Dry Bulk Fleet

Amon Maritime teamed up with Navigare Logistics and Mosvolds Rederi to create a zero emissions dry bulk shipping company, says an article published in Splash 247. Zero emissions dry bulk shipping  Ammonia fuel specialist Amon Maritime has teamed up with two Norwegian shipowners  Navigare Logistics....

Mfame Published 3y-3w-2d-50m ago

Contract Signed for Largest River-sea Combined LNG Carrier

Chinese gas supplier Shenzhen Gas has signed a contract with Hudong Zhonghua Shipbuilding for one firm and one option LNG newbuildings, reports Seatrade Maritime News. Largest river sea combined LNG carrier The 79,960 cu m vessel is the largest river sea combined type of LNG carrier developed by Hud....

Mfame Published 3y-3w-2d-1h-20m ago

[Infographic] 35.4% Decline in Oil Revenues Amid Pandemic Crisis

The collective revenues of the world amp 8217 s top 14 publicly traded oil companies declined 35.4% in 2020, according to data compiled by Anadolu Agency from their financial results on Thursday. The year 2020 was a difficult year for oil markets, which saw both benchmarks record historic lows amid....

Mfame Published 3y-3w-2d-1h-34m ago

Steer Through The Suez Canal – Simulation

The post Steer Through The Suez Canal amp 8211 Simulation appeared first on mfame.guru. ....

Mfame Published 3y-3w-2d-10h-47m ago

ClassNK To Lead Autonomous Shipping Risk Assessment Study

ClassNK has begun joint investigative research with Sompo Japan Insurance Inc.on risk assessment of autonomous ships, says a press release published on their website. Technology for autonomous operation Global efforts are accelerating toward the practical use of technology for autonomous operation i....

Mfame Published 3y-3w-2d-11h-17m ago

NextDecade & Oxy Low Carbon Sign CO2 Storage Term Sheet

NextDecade Corporation and Oxy Low Carbon Ventures OLCV , announced that they have executed a term sheet for the offtake and permanent geologic storage of CO2, says a press release published on Businesswire. Terms Of Agreement Under the terms of the agreement, OLCV will offtake and transport CO2 f....

Mfame Published 3y-3w-2d-11h-26m ago

US Navy On Alert Over Potential Pirate Attacks In The Cape Of Good Hope

Multiple shipping companies are reportedly contacting the U.S Navy about the potential risks of piracy for ships traveling around Africa to avoid the blocked Suez Canal, the Financial Times reported Friday, amid growing concerns that the sky scraper sized ship may end up blocking one of the world....

Mfame Published 3y-3w-2d-11h-39m ago

Demo Rates Shot Up Surpassing $500/ LDT

Demo rates have shot up in recent days, surpassing $500 per ldt and seeing many owners have a change of minds about their vintage vessels, reports splash247. Best Oasis Weekly Report “The subcontinent market is on an aggressive buying spree with Bangladesh leading the number game,” cash buyer Be....

Mfame Published 3y-3w-2d-14h-2m ago

Global Trade Disruption in Suez, May Take Months To Stabilize

The six day blockage of the Suez Canal by a massive cargo ship has triggered a series of disruptions to global trade. It could take weeks, possibly months, to unravel, said Maersk, the world amp 8217 s largest container shipping company. The Ever Given had been partially refloated as of Monday morn....

Mfame Published 3y-3w-2d-18h-37m ago

Suez Cleared & Insurance Losses Downplayed

Analysts at Morgan Stanley believe that the insurance impact from the obstruction to the Suez Canal will be amp 8216 minimal amp 8217 . This may be attributed that to the efforts to free the grounded container ship have finally proved successful. Egypt’s vital trade waterway has been completely....

Mfame Published 3y-3w-2d-19h-2m ago

Suez Canal Blockage, Countless Businesses Hit

A huge container ship that has been wedged in the Suez Canal since Tuesday has finally been freed from the shoreline. The Ever Given had been refloated at 15:05 13:05 GMT on Monday, thereby making free passage through the Suez Canal possible again. However, it is not clear yet when full traffic in....

Mfame Published 3y-3w-2d-19h-19m ago

Asian LR2 Tanker Premium Roll Back Amid Suez Canal Crisis

LR rates hit new 2021 highs East bound naphtha cargoes stuck West bound gasoil, jet fuel delayed Long Range 2, or LR2, clean tankers rates across Asia have flipped to a premium in Worldscale points over the LR1s for the first time in 10 weeks as supply tightens and uncertainty rises over the delays ....

Mfame Published 3y-3w-3d-7m ago

LNG Spot Shipping Market To Stay Strong Amid the Suez Canal Incident

The overnight running aground of the containership, Ever Given, on both sides of the Suez Canal is unlikely to have a major impact on the LNG spot shipping market, reports ICIS. LNG spot shipping market amp 8220 Not really, amp 8221 answered a shipbroker when asked whether the grounding of the E....

Mfame Published 3y-3w-3d-30m ago

Royal Caribbean To Resume Summer Mediterranean Cruises With Restrictions

Royal Caribbean plans to resume sailings of some of its cruises with vaccinated adult guests, says a press release published on their website. Individual Cruises Announce Vaccine Mandates The announcement concerns the 311 metres long amp 8216 Adventure of the Seas amp 8217 and the 294 metres lon....

Mfame Published 3y-3w-3d-49m ago

Mega Boxship Contacts Pier

Another mega container ship in serious trouble after contacting the pier, reports Maritime Bulletin. What happened Mega container ship contacted the pier on Mar 27 at Ambarli Port, Turkey, said Turkish Maritime General Directorate.  The ship arrived at Ambarli, Istanbul, from Evyap Turkey, and con....

Mfame Published 3y-3w-3d-1h-37m ago

ClassNK, MOL & NAPA Join To Develop Navigational Risk Monitoring System

ClassNK, NAPA and Mitsui O.S.K. Lines, Ltd.  has announced that the software they have been collaborating on to intelligently monitor and mitigate grounding risks has been verified, says a press release published on their website. Monitoring system The grounding risk monitoring system is based on s....

Mfame Published 3y-3w-3d-10h-46m ago

[Watch] Megaship Free! Refloated

Egyptian workers have been able to refloat the Ever Given after it spent six days stuck in the Suez Canal. The stranded container ship blocking the crucial trade route was refloated on Monday at around 5:42am 2:42pm AEDT and is currently being secured, Inch Cape Shipping Services said in a post on....

Mfame Published 3y-3w-3d-12h-29m ago

No Clear Winner Among the Fuels for Decarbonization

Shipping amp 8217 s decarbonization goals need immediate action but choosing a winner from among the various alternative fuels is difficult as they come with their own set of advantages and limitations, with no one size fits all approach holding good anymore as impending environmental regulations l....

Mfame Published 3y-3w-3d-15h-7m ago

DNV’s New White Paper To Address Safety Risks

New safety risks associated technologies will bring undoubted benefits. A new white paper from DNV reveals safety challenges and provides possible solutions to overcome them. A new white paper from DNV reveals safety challenges and provides possible solutions to overcome them. A DNV news report writ....

Mfame Published 3y-3w-4d-6m ago

DNV Provides AiP To GTT & SDARI For A New Design Of LNG Fuelled Bulk Carrier

GTT and the ship designer SDARI1 have received Approval in Principle AiP from the classification society DNV for a new technical solution applied to LNG fueled Bulk Carriers Newcastlemax type2 fitted with GTT membrane tank, says a press release published by GTT. Tank Design GTT designed the tank....

Mfame Published 3y-3w-4d-27m ago

Yara Marine Scrubbers Can Lower CO2 Emissions

According to an article published in Tanker Operator, Operating with scrubbers + heavy fuel oil can mean a shipping company makes lower CO2 emissions than using low sulphur fuel oil, says Kai Låtun , Director Sales and Public Affairs, Yara Marine Technologies. Low sulphur product The reason is a la....

Mfame Published 3y-3w-4d-49m ago

Platts & SEA-LNG Join To Improve LNG Pricing Visibility

Platts and SEA LNG expands LNG fuel pricing visibility by a new collaboration, says a  press release published on their website. Fuel pricing visibility S amp 38 P Global Platts Platts and SEA LNG announced a new collaboration to increase visibility in fuel bunker pricing and improve decision ma....

Mfame Published 3y-3w-4d-51m ago

Cheniere & Shell Oil Tankers ‘Reroute’ To Avoid Suez Canal Block

Cheniere and Shell/BG vessels change routes to avoid congestion at the Suez Canal in Egypt. The logjam has disrupted one of the busiest trade routes in the world. At least 10 tankers and container ships are altering course. At least 10 tankers and container ships, including two that are carrying nat....

Mfame Published 3y-3w-4d-55m ago

TECO 2030 Moves To Next Phase of Marine Fuel Cell Development

TECO 2030 ASA has completed the feasibility and concept study for marine fuel cells together with its Austrian partner AVL List GmbH, says a press release published on their website. GHG emission reduction As informed, the company is now moving over to the next phase of maritime fuel cell developmen....

Mfame Published 3y-3w-4d-1h-17m ago

Panelists Discuss On Varying Fuel Qualities In Different Ships In FUJCON 2021

Panelists representing different aspects of the marine fuels supply chain on 24 March shared their perspectives on operational issues onboard vessels amidst varying bunker fuel quality at the 12th Fujairah International Bunkering and Fuel Oil Virtual Forum FUJCON 2021 , says an article published in....

Mfame Published 3y-3w-4d-1h-22m ago

UN Organizations Urge Prioritization of Seafarer Vaccinations

Unite Nations organizations last week issued a joint call for the world amp 8217 s seafarers to be prioritized for COVID 19 vaccination, stressing their key role in supporting global trade, reads the World Health Organization website. The heads of five UN organizations have called for maritime and ....

Mfame Published 3y-3w-4d-1h-32m ago

Attempts To Refloat the Grounded Vessel

amp 160 One of two dredgers working to release the Evergreen containership, has nearly completed work to free its bow and attempts to refloat the vessel will begin shortly. Nearly 240 vessels are awaiting transit through the Suez Canal as further attempts are made to release the Panama flagged, 2....

Mfame Published 3y-3w-5d-13h-27m ago

Suez Blockage A Year Late for Shipping Giants

The blockage of the Suez Canal comes a year too late for shipping giants. The massive Ever Given container vessel remains beached across the channel. Moller Maersk and others will soon have to re route via South Africa, adding time and fuel costs. A year ago, with crude prices in free fall, many did....

Mfame Published 3y-3w-5d-13h-38m ago

Maritime Authorities Detained Two Vessels for Labour Rights Breaches

Australian maritime authorities have detained two vessels owned by a controversial Qatari shipping company for serious labour rights breaches just weeks after the crew on another of Aswan Trading and Contracting’s ships were driven to hunger strike off the coast of Kuwait, reports Splash247. Black....

Mfame Published 3y-3w-5d-16h-31m ago

Blockage In The Suez Canal To Cause Container Spot Rates To Escalate

Container spot rates from Asia to Europe look set to surge again, as carriers are obliged to blank sailings in response to the Suez Canal blockage, reports The Load Star. Covering extra fuel cost The Loadstar understands that shipping lines are considering introducing a Cape surcharge for vessels t....

Mfame Published 3y-3w-5d-23h-38m ago

Suez Canal Block Puts Global Trade in ‘Deep Water.’ Hers’s How.

The cargo ship blocking the Suez Canal is holding up traffic that carries nearly $10 billion worth of goods every day, so a quick clearing of the logjam is key to limiting the economic fallout, reads an article in Money Control. Efforts continued Thursday to dislodge the Ever Given container ship an....

Mfame Published 3y-3w-6d-1h-4m ago

Suez Canal Block Puts Global Trade in ‘Deep Water.’ Here’s How.

The cargo ship blocking the Suez Canal is holding up traffic that carries nearly $10 billion worth of goods every day, so a quick clearing of the logjam is key to limiting the economic fallout, reads an article in Money Control. Efforts continued Thursday to dislodge the Ever Given container ship an....

Mfame Published 3y-3w-6d-1h-4m ago

7 LNG Tankers To Skirt Suez Canal Following Containership Block

Ever Given owner: Aim to refloat the container ship by the night of March 27 local time LNG tankers, container ships diverted Saturday March 27 high tide awaited: brokers Refined product cargoes from Persian Gulf to Europe seen delayed by up to a week According to data intelligence firm Kpler, Se....

Mfame Published 3y-3w-6d-1h-49m ago

RMI Claims The Youngest and Greenest Fleet Worldwide

The Republic of the Marshall Islands RMI Registry comprises the world’s youngest blue water fleet with an average age of 9.4 years based on Clarksons Research’s World Fleet Register, says a press release published on their website. Energy Savings Technologies Clarksons has established “green....

Mfame Published 3y-3w-6d-5h-30m ago

Ship Blockage At The Suez Canal Disrupts Global Shipping

The overnight running aground of a mega container ship that has blocked maritime traffic on both sides of the Suez Canal is delaying ship movement and will disturb trade flows in the near term, reports S amp 38 P Global Platts. The Suez Canal Market participants are already reworking itineraries fo....

Mfame Published 3y-3w-6d-8h-26m ago

Containership Aground in Suez Canal Partly Refloated

The container ship that ran aground in the Suez Canal yesterday has been partially refloated, shipping agent GAC said today. There are signs of a build up in tanker traffic at either end of the vital conduit. The Ever Given, an ultra large container carrier, was partially refloated as of 12:00 local....

Mfame Published 3y-3w-6d-14h-3m ago

Cargo Ship Fire, Firefighters Directed to Self-isolate

Fire erupts on a cargo ship berthed at Port Hedland overnight. A number of firefighters have been directed to self isolate after battling the fire. The ship’s crew had not yet been given permission to disembark under Western Australia’s COVID 19 laws. A recent news article published in the ABC N....

Mfame Published 3y-3w-6d-16h-47m ago

Dislodging Suez Canal ‘Blockage’ To Take Weeks

The Ever Given, a container ship, ran aground on March 23 after being caught in 40 knot winds and a sandstorm that caused low visibility and poor navigation. The vessel has wedged across the Suez Canal, blocking one of the world amp 8217 s busiest waterways. Authorities attempted to re float the ve....

Mfame Published 3y-4w-59m ago

Methanol Institute Join Hands With A.P. Moller Maersk

The Methanol Institute MI on March 24 announced A.P. Moller amp 8211 Maersk as the association’s newest member company, says an article published in Maersk. Vessel Plan Maersk’s first carbon neutral vessel will be a methanol dual fuel ship. It will have a capacity of around 2000 TEU and be ....

Mfame Published 3y-4w-1h-1m ago

Seaspan Corporation Partners With Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

According to an article published in Seaspan, Seaspan Corporation has signed a Partnership Agreement with the Mærsk Mc Kinney Møller Center for Zero Carbon Shipping, joining with other partners to develop carbon neutral solutions and new alternative fuels. Global emissions tackle With 70,000 ships....

Mfame Published 3y-4w-1h-11m ago

[Infographic] Ship Orders of Leading Containership Operators As of 2021

Statista Research Department has published a statistic report which represents the world amp 8217 s leading container ship operators as of March 17, 2021, based on the number of ships in their order books. Did you subscribe to our daily newsletter It’s Free! Click here to Subscribe! Source: Stat....

Mfame Published 3y-4w-1h-19m ago

ICS Launches Vaccine Guide for Seafarers

According to a recently published press release on their website, The International Chamber of Shipping ICS has coordinated a number of shipping bodies in launching a practical guide on COVID 19 vaccinations for use throughout the industry. The guide is part of an effort to ensure that seafarers ar....

Mfame Published 3y-4w-1h-20m ago

Wilhelmsen Invests US $500m for Renewables

Wilhelmsen wishes to re designs the organisation of the group portfolio to intensify growth of maritime services and renewable energy and decarbonisation, says an article published on their website. CEO of Wilhelmsen on their investment “Our strategy is very clear, we will contribute to the energy....

Mfame Published 3y-4w-1h-20m ago

HMM Takes Delivery of Second 16,000 TEU Containership

Hyundai Heavy Industries hosted a naming ceremony for the 16,000 TEU container ship HMM Gaon, at its headquarters in Ulsan on March 22, reports Offshore Energy. Second newbuild from HMM The colossal containership is the second newbuild from a batch of eight ships ordered by HMM. The start of the del....

Mfame Published 3y-4w-1h-33m ago

Estimating the Overall Cost of Injury in Shipping Sector

There is a reason that safety initiatives can struggle to achieve sufficient support. For those of us responsible for safety in our organizations haven’t consistently conveyed the total injury costs to key decision makers. Some costs associated with an injury are apparent and easy to assign to a s....

Mfame Published 3y-4w-7h-2m ago

Hapag-Lloyd AG Likely To Give A Sustainability-linked Senior Note

Hapag Lloyd AG plans to issue a sustainability linked corporate senior note in the amount of EUR 300 million. It will comply with the principles of the International Capital Market Association ICMA . To this end, a consortium of banks was engaged today to hold meetings with potential investors in t....

Mfame Published 3y-4w-8h-2m ago

[Answer] What is IMO’s Global Integrated Shipping Information System?

International Maritime Organisation and its committees specifically the Maritime Safety Committee MPC and the Technical Cooperation Committee has been continually striving for better safety standards and working conditions at sea. IMO GISIS GISIS Global Integrated Shipping Information System is ....

Mfame Published 3y-4w-22h-45m ago

Wärtsilä To Support LNG Carriers With Digital Solutions

Finland based Wartsila has entered two long term optimised maintenance agreements with Japan based NYK LNG Ship Management, reads the company website. The 15 year agreements, which were signed in December last year, came into force from January. LNG vessels with dual fuel engines Under the agreement....

Mfame Published 3y-4w-23h-57m ago

New COVID Variants Cause A Surge in Seafarers Needing Crew Change

Shipping is concerned that the numbers of seaferers being impacted by the crew change crisis are on the rise due to travel restrictions imposed by governments in response to new variants, reads a press release from ICS. Surge in crew change crisis A total of 200,000 seafarers remain affected by the ....

Mfame Published 3y-4w-1d-10m ago

Corvus Energy Offers Leasing for Energy Storage Systems

Corvus Energy, the global leading supplier of zero emission solutions for the ocean space, is now offering a global lease financing product in cooperation with Viridis Kapital, reads a news on their website. Zero emission solutions Halvard Hauso, CCO of Corvus Energy, “We are pleased to offer our ....

Mfame Published 3y-4w-1d-23m ago

NGOs Urge IMO To Switch Fuel

According to an article published on Saftey4sea, Non governmental organizations are calling on the IMO to immediately reduce climate warming emissions of black carbon from ships currently using heavy fuel oil in the Arctic by some 44%, by switching them to cleaner distillate fuels. NGOs call IMO to....

Mfame Published 3y-4w-1d-37m ago

Dorian-Kongsberg Signs Vessel Insight Installation Deal

Kongsberg Digital announced that Dorian LPG Ltd. has contracted to install Vessel Insight to its entire fleet of 22 LPG carriers, says an article published in marine insight. Purpose on installation of Vessel Insight The purpose behind installation of Vessel Insight by Dorian is to collect critical ....

Mfame Published 3y-4w-1d-49m ago

Launch of Asia’s First ship-to-containership LNG Bunkering

Singapore is now able to provide liquefied natural gas LNG bunkering to larger LNG powered vessels. This is attributed to the launch of the first ship to containership bunkering operation in Asia on Wednesday. The bunkering operation involving the containership CMA CGM Scandola and Singapore amp ....

Mfame Published 3y-4w-1d-4h-11m ago

IMO 2020 Rule & Road To Decarbonization Goals

Successful implementation of the IMO 2020 rule is attributed to the cooperation of the stake holders. It has provided a future pathway for impending stricter environmental rules and other changes in international shipping. IMO is working hard to promote the uptake of alternative fuels. It also aims ....

Mfame Published 3y-4w-1d-4h-29m ago

Seafarers Caught in the Deadlock,Crew Change Expensive

amp 160 A standoff between commodities giants and shipping companies is prolonging the labor crisis at sea. An estimated 200,000 seafarers still stuck on their vessels beyond the expiration of their contracts and past the requirements of globally accepted safety standards. In an effort to keep de....

Mfame Published 3y-4w-1d-4h-39m ago

U.K. May Include Shipping in New Emissions Trading Platform

amp 160 The U.K. government is considering whether to include the shipping industry in its new carbon market as it seeks ways to eliminate transport pollution by 2050, reports bloomberg quint. Emissions Trading System Maritime Minister Robert Courts said the U.K. may follow the European Union’s....

Mfame Published 3y-4w-1d-5h-36m ago

Oil Price Rebounds On Suez Canal Blockage

Oil climbed as investors assessed the impact on global crude flows after a ship ran aground and blocked the Suez Canal, following a sell off on Tuesday, reports Yahoo Finance. Markets reprieve  Crude was also bolstered by positive economic data as Europe posted a record increase in factory output.....

Mfame Published 3y-4w-1d-6h-27m ago

Americas Bunkers March 22-26 Key Market Indicators

West Coast ports track Asia lower Weaker US crude segments pressure Latin America Tight supply props up New Orleans premium over Houston Spot retail bunkers pricing trended lower the week of March 15 19 throughout the Americas, tracking a sharp decline in US energy futures amid demand concerns tied ....

Mfame Published 3y-4w-1d-12h-9m ago

3 Countries Compete For Global LNG Market

Last year was an unprecedented year for natural gas and liquefied natural gas LNG markets. Whereas natural gas demand declined by 3%, LNG demand proved to be more resilient and managed to grow 1%. Nevertheless, the LNG market was extremely volatile, with periods of extreme oversupply alternating ....

Mfame Published 3y-4w-1d-13h-19m ago

No Access To Vaccine for Seafarers To Affect Global Supply Chain

The International Chamber of Shipping ICS has warned that lack of access to vaccinations for seafarers is placing shipping in a ‘legal minefield’. This will as well leave the global supply chains vulnerable. ICS highlights concerns that vaccinations could soon become a compulsory requirement f....

Mfame Published 3y-4w-1d-13h-44m ago

How 2020 Bulkers Is Prospering In The Dry Bulk Market

The best fleet in the drybulk segment, outperforming peers in terms of rates while keeping a low cash breakeven. Bullish supply/demand outlook for the next years in the drybulk market. Full alignment of interests, as founders and management are the largest shareholders. Free cash flow paid monthly a....

Mfame Published 3y-4w-1d-14h-12m ago

A Look Inside The Flourishing Shipbuilding Industry

In ocean shipping, present success often breeds future failure. Across the decades, freight rate spikes have spurred newbuilding sprees, wiping out freight rates. Which brings us to today: Container freight rates are spiking and container ship newbuild orders are surging at yards in China, South Kor....

Mfame Published 3y-4w-1d-14h-19m ago

Will New $2 Billion Icebreaker Fit Under Bridge?

Officials are amp 8220 confident amp 8221 Australia amp 8217 s new $2 billion icebreaker will fit under a Tasmanian bridge it needs to pass in order to refuel. The RSV Nuyina icebreaker is set to replace the Aurora Australis, which left Hobart on its final voyage to a Dubai shipyard in December....

Mfame Published 3y-4w-1d-14h-26m ago

[FAQ] Understanding the Notion of Delivery Duty Unpaid in Shipping

amp 160 In international commercial transactions, the terms Delivery Duty Paid DDP and Delivery Duty Unpaid DDU are used to indicate two different types of sales and shipping transactions. Delivery Duty Unpaid DDU is defined as the delivery of goods to the buyer at the port of destination w....

Mfame Published 3y-4w-1d-22h ago

Hydrogen Fuel at LPG Stations To Nurture Hydrogen Ecosystem

The South Korean government will back infrastructure on hydrogen fuel supplying facilities and add hydrogen fuel at gas stations across the nation amid its push to nurture hydrogen ecosystem, reports Pulse News. Hydrogen shipping centers The Ministry of Trade, Industry and Energy announced Tuesday t....

Mfame Published 3y-4w-1d-22h-52m ago

Hyundai Heavy Discloses New CO2 Shipping Solutions

According to an article published in BM Global, South Korea’s largest shipbuilding group, Hyundai, is pushing ahead with carbon dioxide shipping solutions. New CO2 Carrier system Hyundai Mipo Dockyard outlined plans to develop a containment system for new CO2 carriers, supported by class society t....

Mfame Published 3y-4w-2d-2m ago

Qatar Petroleum Contracts With Sinopec For LNG Supply

According to an article published in AA Energy, Qatar Petroleum has inked a 10 year LNG Sale and Purchase Agreement SPA with China Petroleum amp 38 Chemical Corporation Sinopec for the supply of 2 million tons per annum of LNG to China, the company announced on Monday. Contract Ceremony The M....

Mfame Published 3y-4w-2d-41m ago

Covid19 Crew Change Crisis Still On Run, Apprises IMO Secretary General

According to an article published in IMO, the crew change crisis caused by COVID 19 restrictions continues to cause challenges, despite some improvement in the numbers, the Secretary General of the International Maritime Organization has warned.   Industry Analysis In a statement, Secretary General....

Mfame Published 3y-4w-2d-1h-41m ago

ClassNK Grants AiP for Sumitomo’s New Tanker Design

ClassNK has issued an Approval in Principle AiP for the design of a methanol dual fueled tanker developed by Sumitomo Heavy Industries Marine amp 38 Engineering Co., Ltd, says a press release published on their website. About the AiP Leading Classification Society ClassNK has issued an Approval....

Mfame Published 3y-4w-2d-4h-31m ago

Ningbo Containerised Freight Index

Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. The index is reported every Friday except Chinese holidays at 1600 Beijing . Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping Exchange Route 2021 0....

Mfame Published 3y-4w-2d-12h-29m ago

Increased Travel Restrictions Risk In Crew Change Crisis Outburst

A number of shipping bodies are concerned that the numbers of seafarers being impacted by the crew change crisis are on the rise due to travel restrictions imposed by governments in response to new variants where Calls are growing to ensure seafarers receive priority vaccines, says an article publis....

Mfame Published 3y-4w-2d-13h-23m ago

GEV Obtains AIP for Its C-H2 Ship Containment System

GEV is pleased to advise the American Bureau of Shipping has issued its Approval in Principle for the C H2 Ship containment system. It is based on a cargo capacity of 2,000 tonnes of hydrogen. The hydrogen containment system patent pending is the most critical component of the Company’s C H2 Shi....

Mfame Published 3y-4w-2d-16h-57m ago

Poorly Maintained Engine Leads To Fire Onboard Ro-Ro Vessel

The UK Maritime Accident Investigation Board reports on the investigation of the engine failure and fire on board the ro ro cargo vessel Finlandia Seaways resulting in injury to one crewman. Incident summary On 16 April 2018, the Lithuanian registered ro ro cargo vessel Finlandia Seaways suffered a ....

Mfame Published 3y-4w-2d-23h-11m ago

Maersk Seeks Biofuel Manager for Future Fuels Team

A.P. Moller amp 8211 Maersk is looking for a Biofuel Manager to join their newly established Future Fuels team and help them explore, assess and mature new carbon neutral fuels for their fleet. The future fuels team is a part of Maersk newly established Decarbonisation Group, which also covers ar....

Mfame Published 3y-4w-2d-23h-30m ago

UK Shipping Funds £20 Million To Propel Green Shipbuilding

Competition launched to develop innovations for a greener shipping future, including zero emission vessels and clean port infrastructure. Maritime investment will drive economic growth and ensure the UK builds back greener from the coronavirus COVID 19 pandemic. Comes as studies announced to suppo....

Mfame Published 3y-4w-2d-23h-40m ago

IGGS Group To Host Mediterranean Maritime Forum Online

This March, on 23rd and 24th, the eyes of the global maritime community will turn to the Mediterranean region as a well recognized maritime networking expert amp 8211 IGGS Group amp 8211 will host the virtual event amp 8211 Mediterranean Maritime Forum Online. Among the participants for thi....

Mfame Published 3y-4w-2d-23h-43m ago

Standard Club’s New Guides Tackle Key Loss Prevention Challenges

The Standard Club introduces Standard Club’s series of masters’ guides to tackle key loss prevention challenges, says an article published in Safety4Sea based on their exclusive interview with The Standard Club. Enhanced safety at sea Capt. Yves Vandenborn, Director of Loss Prevention, The Stand....

Mfame Published 3y-1mo-59m ago

FFAs To Play a Key Role in LNG Market

Shipbroker Simpson Spence Young SSY claims forward freight agreements FFAs will play an integral role in the volatile LNG market, says a press release published on their website. LNG freight futures contracts  Intercontinental Exchange ICE amp 8211 an operator of global exchanges and clear....

Mfame Published 3y-1mo-1h-26m ago

Weekly Bulk Report – Week 11, 2021

The Baltic Briefing has released a report about the dry bulk market for the 11th week of shipping activities of this year. The report dated 19th March highlights the dry bulk market conditions at the on sight of the 11th week. Capesize 5TC Capesize market  A steady build for the Capesize market saw....

Mfame Published 3y-1mo-1h-32m ago

Weekly Tanker Report – Week 11, 2021

The Baltic Briefing has issued the tanker report for the 11th week of this year. The report dated 19th March 2021 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities. VLCC Rates have firmed slightly in the Atlantic and remain unmoved in the Mi....

Mfame Published 3y-1mo-1h-40m ago

GreenVoyage 2050 & IMO Protocols

GreenVoyage2050 is a partnership project between the Government of Norway and the International Maritime Organisation. It aims to help developing countries and small island nations meet their environmental shipping target, in line with the IMO goal of cutting down CO2 emissions by 2050. Several coun....

Mfame Published 3y-1mo-11h-43m ago

Grounded Freighter Pulled Off Seabed

A freighter ran aground off northwestern Canakkale province on Thursday and was pulled off seabed on Saturday, reports AA.com. What happened Panama flagged freighter carrying cargo of silica sand ran aground near Bozcaada island off northwestern Canakkale province on Thursday and was was pulled off....

Mfame Published 3y-1mo-13h-3m ago

Swiss Government Proposes A Tonnage Tax For Maritime Activities

René Zulauf and Manuel Angehrn of Deloitte Switzerland look at how the federal government has planned to boost the country’s attractiveness as an international business hub for maritime activities, reports International Tax Review. 11th largest fleet Switzerland, located geographically in the hea....

Mfame Published 3y-1mo-13h-41m ago

Analysts Predict A Booming Global Economy in 2021

The global economy will accelerate in 2021, though with significant variation around the world, writes Bill Conerly for Forbes. Rebounds in goods trade The world will benefit from vaccinations, both directly in fewer illnesses and indirectly as lockdowns and fears subside. It will take most of 2021 ....

Mfame Published 3y-1mo-1d-4h-41m ago

Total Committed To Work Towards Singapore LNG Ambitions

Total reinforces its commitment to developing Singapore into a major LNG maritime hub for Asia, says a press release published on their website. License awarded by MPA The Maritime and Port Authority of Singapore MPA has awarded a third Liquefied Natural Gas LNG bunker supplier license to Total....

Mfame Published 3y-1mo-5d-12h-57m ago

Demolition of Cargo Ship Far from Finished

The salvage crews began cutting apart the capsized Golden Ray. It is a shipwreck the size of a 70 story office building with 4,200 cars within its cargo decks. It has been predicted the demolition could be wrapped up by New Year’s Day but it is far from completion. A recent news published in the W....

Mfame Published 3y-1mo-5d-15h-19m ago

2.5 Year Intermediate Inspection and Test If Delayed, Must be Replaced

The UN Model Regulations for the Transport of Dangerous Goods were amended to determine that if the 2.5 Year Intermediate Inspection and Test is delayed. May be beyond the allowed 3 months after the specified date of expiry, the delayed test should be replaced with a 5 year Periodic Inspection and T....

Mfame Published 3y-1mo-5d-15h-32m ago

One for Future-Proof Design – All for Cleaner Shipping!

Deltamarin, Wärtsilä and Gasum present: Future proof ship design with Paul and the three maritime musketeers The IMO’s ambitious GHG strategy calls for massive emission reductions by 2050. At the same time, the pace of digitalisation is accelerating, says a press release published on their websi....

Mfame Published 3y-1mo-5d-22h-18m ago

[FAQ] Understanding the Notion of Delivery Duty Paid in Shipping

In international commercial transactions, the terms Delivery Duty Paid DDP and Delivery Duty Unpaid DDU are used to indicate two different types of sales and shipping transactions. DDU is defined as the sale and delivery of goods to the buyer after payment of customs duties. Marine Insight descr....

Mfame Published 3y-1mo-5d-23h-19m ago

Meiji Shipping Expanding Its LNG Tanker Fleet

Meiji Shipping is expanding its fleet of LNG tankers as part of efforts to strengthen its ship management business, says an article published in Argus Media. LNG shipping demand Japanese shipowner Meiji Shipping is expanding its fleet of LNG tankers as part of efforts to strengthen its ship manageme....

Mfame Published 3y-1mo-6d-1h-2m ago

LNG-to-Power FSRU Set To Begin Sea Trials

The joint venture between Karpowership and Mitsui OSK Lines the “KARMOL”, said its first floating storage regasification unit FSRU is set to begin sea trials off Singapore, says a press release published on MOL website. Begins sea trials off Singapore  KARMOL amp 8217 s first Floating Storag....

Mfame Published 3y-1mo-6d-1h-29m ago

ClassNK Certifies KHI’s “SOPass” Service

ClassNK certifies “SOPass” as Innovation Endorsement for Product amp 38 Solutions developed by Kawasaki Heavy Industries, Ltd. KHI , says a press release published on their website. ClassNK certification “SOPass” developed by Kawasaki Heavy Industries, Ltd. KHI , has been certified by L....

Mfame Published 3y-1mo-6d-1h-44m ago

Shipping Group Says 5% Should Be Zero Emission Fuels By 2030

At least 5% of fuel used by ships around the world will need to be zero emission by 2030 if the shipping industry is to meet decarbonization goals set out in the Paris Agreement, according to an environmental coalition of industry players, says an article published in IHS Markit. Working for Decarbo....

Mfame Published 3y-1mo-6d-2h-21m ago

Singapore Bunker Fuel Volume Rose By 6.2% On Year In February

Sales of marine fuels at Singapore port rose by 6.2% on year during February 2021, according to Maritime and Port Authority of Singapore MPA data, says an article published in Manifold Times. Bunker fuel trade In total, 4.12 million metric tonnes mt exact: 4,120,101 mt of various bunker fuels ....

Mfame Published 3y-1mo-6d-2h-46m ago

Firm Vessel Rates Push Baltic Index Up By 23 Points

The Baltic Exchange amp 8217 s main sea freight index rose to 5 month peak, reports Yahoo Finance. Firm vessel rates The Baltic Exchange amp 8217 s main sea freight index rose to its highest in more than five months on Monday, as rates across vessel segments strengthened. Baltic dry index gain The....

Mfame Published 3y-1mo-6d-7h-5m ago

New NOAA Vessel To Explore Deep Oceans Launched in Newport

New NOAA ocean exploration ship to be based in Newport, Rhode Island. The state of the art ship will operate off the coasts of the U.S. and its territories. Discoverer will be able to deploy remotely operated vehicles ROVs to explore the ocean. Newport, Rhode Island, has been chosen as the future ....

Mfame Published 3y-1mo-6d-7h-12m ago

Container Shipping Sector Should Lead Maritime Industry To Decarbonization

Container shipping, with its direct exposure to retailers and consumers, should lead the maritime industry amp 8217 s journey to a zero carbon future, Morten Bo Christiansen, head of decarbonization at A.P. Moller Maersk , told S amp 38 P Global Platts in an interview, reports S amp 38 P Global. ....

Mfame Published 3y-1mo-6d-7h-30m ago

BIMCO Covid 19 Weekly Announcement

The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID 19 in relation to implementation measures imposed by governments. This is concerning sea transport including for crew change as well as from the United Nation bodies like the IMO, WHO and ILO. BIMCO ....

Mfame Published 3y-1mo-6d-12h-18m ago

Icebreaking Operations in Great Lakes At Full Speed

amp 160 Icebreaking operations in full swing on Great Lakes, Coast Guard says. Commanding Officer Travis Borchuk of the Canadian Coast Guard says the first time he was aboard an ice breaker was as an 18 year old cadet. He was aboard the CCGS Louis St Laurent on the Arctic Ocean. As per a CBC new....

Mfame Published 3y-1mo-6d-13h ago

Demolition of Capesized Ship With 4,200 Cars To Be Wrapped Up

Salvage crews in early November began cutting apart the capsized Golden Ray. A shipwreck the size of a 70 story office building with 4,200 cars within its cargo decks, they predicted the demolition could be wrapped up by New Year amp 8217 s Day. Months later, the job remains far from finished. Both....

Mfame Published 3y-1mo-6d-13h-19m ago

Protocol for Shore-Based Personnel Boarding Vessels

Any shore based personnel who is going on board a vessel in the port must produce proof that he/she has a valid COVID 19 Polymerase Chain Reaction PCR test taken. It should be taken as part of the RRT programme before boarding the vessel. The test result must be within the last 14 days for shore b....

Mfame Published 3y-1mo-6d-15h-5m ago

CMA CGM Catches Strong Shipping Market Continuing In First Half

Container shipping group CMA CGM said that it expected activity to remain strong in the first half of this year after brisk demand for consumer goods boosted its profits at the end of last year, says an article published in Reuters. CMA CGM Net profit earnings France based CMA CGM said its fourth qu....

Mfame Published 3y-1mo-1w-17m ago

Green Shipping Technologies For Cargo Ships

Shippers should invest in solar power as well as other technologies including zero emission hydrogen fuel cells and biofuels, which can be made of everything from leftover cooking oil to algae, says an article published in MH amp 38 L. Shipping industry amp 8217 s environmental menace Shipping i....

Mfame Published 3y-1mo-1w-36m ago

Asian Crude Market Amid Bullish H2 2021 Outlooks

Asia amp 8217 s crude oil market remained resolute at the start of the week beginning March 15 amid bullish sentiment fueled by improved second half 2021 outlooks, including OPEC amp 8217 s revised forecast for H2 2021 oil demand, reports Platts. Middle East Crude Trade activity in the week ahead ....

Mfame Published 3y-1mo-1w-1h-13m ago

Weekly Bulk Report – Week 10, 2021

The Baltic Briefing has released a report about the dry bulk market for the 10th week of shipping activities of this year. The report dated 12th March highlights the dry bulk market conditions at the on sight of the 10th week. Capesize It was another rollercoaster week with high activity on the west....

Mfame Published 3y-1mo-1w-1h-28m ago

Woodside & Trafigura Trade World’s First Carbon Offset Condensate Cargo

Trafigura and Woodside collaborate on first carbon offset condensate cargo from Pluto LNG, says a press release published on their website. First cargo of carbon offset condensate  Woodside Burrup Pty Ltd Woodside and its Pluto LNG joint venture participants Kansai Electric Power Australia Pty Lt....

Mfame Published 3y-1mo-1w-1h-42m ago

INSW Announces Contract To Build Dual-fuel LNG VLCC Trio

Three LNG powered VLCCs to be built through partnership with Shell Half of Shell amp 8217 s time chartered ships to be powered by dual fuel LNG Aging fleet together with ESG targets set to keep fleet supply in check US based International Seaways INSW has signed an agreement to build three dual f....

Mfame Published 3y-1mo-1w-1h-45m ago

Ningbo Containerised Freight Index

Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. The index is reported every Friday except Chinese holidays at 1600 Beijing . Weekly composite index covering 20ft, 40ft, and Hi Cube box rates by Ningbo Shipping Exchange The weekly ....

Mfame Published 3y-1mo-1w-1h-49m ago

Weekly Tanker Report – Week 10, 2021

The Baltic Briefing has issued the tanker report for the 10th week of this year. The report dated 12th March 2021 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities. VLCC Middle East region rates Overall rates slipped further downwards, for t....

Mfame Published 3y-1mo-1w-1h-55m ago

CMA CGM Anticipates Strong Demand Amid Year-end Profits

Container shipping group CMA CGM expects activity to remain strong in the first half of this year after brisk demand for consumer goods boosted its profits at the end of last year, reports Reuters. Strong Q4 earnings  France based CMA CGM said its fourth quarter earnings before interest, tax, depre....

Mfame Published 3y-1mo-1w-3h-22m ago

Shell Announces Its 10 New LNG Powered VLCCs Charter Contract

Shell will charter ten new Very Large Crude Carriers VLCCs powered by liquefied natural gas LNG , says a press release published on their website. Reduce carbon emissions  Shell will charter ten new Very Large Crude Carriers powered by liquefied natural gas as the energy giant seeks to reduce ca....

Mfame Published 3y-1mo-1w-10h-20m ago

Seafarer’s Claims & Company Doctor’s Declarations

According to a recent article published in Business Mirror, companies argue that seafarers are not eligible for benefits by pointing to the medical reports that the seafarer’s illness is not work connected. Report from company designated physician  In most of the seafarer’s cases about disabili....

Mfame Published 3y-1mo-1w-10h-45m ago

Foreign Flagged Ships Detained in the UK During February 2021

amp 160 The Maritime and Coastguard Agency MCA announced that six foreign flagged ships remained under detention in UK ports during February 2021 after failing port state control PSC inspection. New detentions During February, there were zero new detentions of foreign flagged vessels in a UK ....

Mfame Published 3y-1mo-1w-12h-45m ago

ClassNK Grants First Remote Survey Notation To Newbuilding

ClassNK has granted its Remote Survey RMSV notation for an LNG fueled PCC operated by Kawasaki Kisen Kaisha, Ltd. “K” LINE , says a press release published on their website. Remote Survey RMSV notation  Leading Classification Society ClassNK has granted its Remote Survey RMSV notation fo....

Mfame Published 3y-1mo-1w-12h-55m ago

Kiel Lock Gate Accident Restricts Canal Transits

Kiel canal transit was restricted after a general cargo ship struck Northern Lock’s Gate in Kiel, Kiel Canal at around 1800 UTC Mar 13, reports Maritime Bulletin.  What happened A general cargo ship struck Northern Lock’s Gate in Kiel, Kiel Canal at around 1800 UTC Mar 13, while entering Canal....

Mfame Published 3y-1mo-1w-13h-5m ago

[Watch] Passenger Ship on Fire

Fire erupted onboard a cruise ship, berthed at Kerkira, Corfu, Greece, in the afternoon Mar 12, reports Maritime Bulletin.  Raging fire Fire seems to be raging starboard on a lifeboat deck, one of the lifeboats seemingly engulfed in fire.   According to reports, there’s a lot of thick black smo....

Mfame Published 3y-1mo-1w-13h-9m ago

Rainbow Painted Containers To Join Maersk’s Fleet For The World Tour

In July 2020, two fully functional Maersk containers were skillfully painted with a rainbow to join Maersk’s fleet. On March 11, 2021, they will embark on their World Tour, reports Maersk. The Itinerary First part of the journey for the 40 and 20 foot rainbow containers will be aboard the Maersk E....

Mfame Published 3y-1mo-1w-22h-58m ago

The ‘Domino Effect’ Of Container Shortage Distorts The Supply Chain

Even though the one year anniversary of the COVID 19 lockdowns is upon us and our world is starting to slowly open up in a way we have not been accustom to these last several months, the negative effects of buying more goods, both on line and in store is catching up with us, reports Forbes. Disrupti....

Mfame Published 3y-1mo-1w-22h-59m ago

OPEC+ Production Cuts May Lead To A Sharp Rise In Tanker Rates

The extension of the Organisation of the Petroleum Exporting Countries plus Opec+ output cuts into April may lend strength to oil prices, but will intensify the pain felt by the tanker shipping sector, reports The Star. Production Increase Nonetheless, analysts believed this would also set the sta....

Mfame Published 3y-1mo-1w-23h-1m ago

Lloyd’s Register Takes Up Exmar’s Ammonia-Fuelled Gas Carrier

Lloyd amp 8217 s Register has approved designs for an ammonia fuelled 40,000m³ midsize gas carrier put forward by Belgium based shipowner Exmar, says an article published in Argus. Ship Design The ship was designed by China amp 8217 s Jiangnan Shipyard and Finland amp 8217 s Wartsila developed t....

Mfame Published 3y-1mo-1w-1d-18m ago

Zeaborn Ship Management Employs Wärtsilä Fleet Operations Solution For Navigational Excellence

Hamburg based third party ship manager Zeaborn Ship Management ZSM has chosen Wärtsilä Voyage’s Fleet Operations Solution FOS as the digital navigation platform for its managed tanker fleet, says a press release published by Wartsila. Wärtsilä Voyage Order Each of their 12 vessels will de....

Mfame Published 3y-1mo-1w-1d-1h-16m ago

Oil Pricing Overhaul Delays Shipping Cost Uproar

Platts defers plan to include West Texas oil prices in its basket of international crudes following pushback from industry, says an article published in The World Street Journal. Plans put on hold Plans for the biggest overhaul in decades of how international oil prices are measured are being put on....

Mfame Published 3y-1mo-1w-1d-1h-54m ago

LR1 Rates Record 2021 Highs Amid Increasing Vessel Delays

East of Suez Long Range 1, or LR1 tankers traded at the highest level seen in 2021, on the back of tight supply as more ships delay their return to the Persian Gulf, reports Platts. Tankers for cargo backhaul  More tankers are getting backhaul employment for loading cargoes in North Asia and this h....

Mfame Published 3y-1mo-1w-1d-2h-56m ago

Deferring Dry-docking Due To Surging Prices

An increasing tendency for containership operators to defer dry docking operations to keep their vessels trading could be building unseen congestion pinch points for the industry, says an article published in The Loadstar. Dry docked Ships Leading hull paint supplier Nippon Paint Marine said a numbe....

Mfame Published 3y-1mo-1w-2d-12h-24m ago

Modern Bunkering Options Transforming Panama Canal Bunker Industry

In a pioneering tanker move, Monjasa enables outer anchorage bunker supplies off Cristobal. This means significantly less idle time for larger ships taking bunkers in the Panama Canal, says a press release on their website. Sustain the Attractiveness Global oil and shipping group Monjasa brings MT M....

Mfame Published 3y-1mo-1w-2d-21h-52m ago

K Line Promotes ‘Carbon Neutrality’ As Decarbonization Strategy

K Line plans to establish a new department focusing on businesses and projects for carbon neutrality including renewable energy effective on April 1st, 2021, reads the company newsletter. Need for maritime decarbonization The requirement of de carbonization is rapidly growing in the world and it acc....

Mfame Published 3y-1mo-1w-3d-1h-54m ago

[Watch] Bunker Oil of 30Tonnes Recovered Off Historic Shipwreck

Emergency responders have recovered nearly 30 tonnes of bunker oil that continues to leak from a historic shipwreck off the west coast of Vancouver Island, reports CTV News. Historic shipwreck The 150 metre cargo ship MV Schiedyk ran aground and sank in Nootka Sound in January 1968. The wreck lay do....

Mfame Published 3y-1mo-1w-3d-2h-12m ago

Real-time Vessel Tracking & Seafarers’ Help System Launched

PM Modi inaugurates amp 8216 Maritime India Summit 2021 amp 8217 , launches e book of maritime vision 2030 aimed at making the industry at par with the top global benchmark, reports The Hindu Business Line. Benefits India launched a real time vessel tracking system that can help seafarers and fis....

Mfame Published 3y-1mo-1w-3d-4h-34m ago

Baltic Index Slips from 5-month High

The Baltic Exchange amp 8217 s main sea freight index drifted lower on Thursday, slipping from 5 month high, reports Yahoo Finance. Baltic index drift The Baltic Exchange amp 8217 s main sea freight index drifted lower on Thursday, having gained in the last seven sessions to hit a high since Octob....

Mfame Published 3y-1mo-1w-3d-5h-50m ago

Tokyo MoU Launches Guidance on Remote PSC Inspections

Tokyo MoU launches remote PSC inspections as a practical alternative in the interim, says a press release published on their website. Remote PSC inspections  In response to the impact of the pandemic to PSC activities, Tokyo MoU decided to launch remote PSC inspections as a practical alternative in....

Mfame Published 3y-1mo-1w-3d-11h-28m ago

Uniper Scaling Up Green Methanol for Emission-free Shipping

The Green Methanol Cooperation GMC wants to establish green methanol on the market. Green methanol is carbon neutral and can be extracted from the air. Environmentally friendly solution to stricter regulations in the maritime industry Germany’s Uniper has teamed up with shipping service provider....

Mfame Published 3y-1mo-1w-3d-12h-2m ago

Stena, Latsco & UECC Discuss on ‘Decarbonization Practicality’

At a webinar organised by DNV GL, senior representatives of Latsco, Stena Teknik and UECC shared perspectives on the practicality of decarbonising shipping, reports Tanker Operator. IMO2050 target Harry Robertsson, technical director of Stena Teknik, Stena’s internal technical advisory company, sa....

Mfame Published 3y-1mo-1w-3d-12h-25m ago

ReCAAP ISC Reports 3 Armed Robberies in Asia

Three incidents of armed robbery against ships in Asia in February 2021, reports ReCAAP ISC. Incidents reduced There were three incidents of armed robbery against ships in Asia in February 2021, according to ReCAAP ISC amp 8217 s monthly report. No piracy incident was reported.  The number of inci....

Mfame Published 3y-1mo-1w-3d-13h-12m ago

CARB To Crack Down on Illegal Vessel Fuels From May

The California Air Resources Board CARB staff will begin additional analysis of