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Sunday, September 22, 2019

Pic: Algoma Central Corporation

Algoma Acquires Croatian-Built Vessel

Canadaian provider of marine transportation services Algoma Central Corporation has reached an agreement with 3Maj Brodogradiliste of Croatia under which Algoma will acquire a new Equinox Class 650’ self-unloading dry-bulk carrier upon completion of the vessel by the Shipyard.The vessel, the second of two such ships that were to be built by 3Maj for the Company, is partially built and moored at the 3Maj shipyard in Rijeka. Work on the vessel was halted in 2017 when the Shipyard entered an extended period of financial difficulties.Algoma took delivery of the Algoma Innovator…

Image: Vitol

Vitol, ENH Form LNG Trading JV

Commodity trading company Vitol and the Mozambican state-owned oil and gas company ENH have formed ENH Energy Trading, a partnership focused on trading oil products.The Dutch energy and commodity trading company said in a press note that ENH Energy Trading will initially be owned 51% by ENH and 49% by Vitol. It is anticipated ENH’s share will increase over time.ENH Energy Trading will focus on energy commodities, in particular LNG, LPG and condensate, enabling ENH to create additional…

From left: William J. "Bill" Shea, CEO of Direct ChassisLink, Inc and J. Christopher Lytle, 
recently retired Executive Director of the Port of Oakland, CA
 (Photo: CII)

Shea Awarded Annual Connie Award by CII

Some 300 transportation leaders packed a hotel ballroom Tuesday as the Containerization and Intermodal Institute presented its Connie Award to William J. "Bill" Shea, CEO of Direct ChassisLink Inc. (DCLI). J. Christopher Lytle, recently retired Executive Director of the Port of Oakland and former head of the Port of Long Beach, was given the group's Lifetime Achievement Award. The gala event was held at the Renaissance Hotel in Long Beach, CA.In his presentation remarks, Michal J.

MacGregor Secures $22 mln in Contracts

MacGregor, part of Cargotec, has secured orders to provide MacGregor products to a Naval project in Europe and TTS products to a RoRo project in Asia. The total order value is more than $22 million and the contracts include ramps, car deck and lifting platform equipment. The orders were booked into Cargotec's third quarter 2019 order intake, with deliveries planned to commence during the third quarter of 2020 and completed during the first quarter of 2027.

Pic: ENI

Boskalis Unit Scores Mozambique FLNG Gig

Dutch dredging company Royal Boskalis Westminster announced that its 50%-owned associate company Smit Lamnalco is contracted by Coral FLNG to provide marine services to the first Mozambique floating liquefied natural gas (FLNG) terminal.The 10-year contract with additional extension options marks the first terminal services contract award for the Mozambique offshore LNG developments.The contract value for Smit Lamnalco amounts to approximately USD 200 million and services will…

Sean Dalton, IUMI Cargo Committee Chair: “Exposures will continue to increase for the cargo underwriter.” (Photo: IUMI)

Marine Cargo Insurance Market Still Not Profitable

Sean Dalton, Chair of the Cargo Committee of the International Union of Marine Insurance (IUMI) has said at the organization’s annual conference in Toronto, Canada, that there has been a 2.5 percent increase in 2018 global premiums to $16.6 billion but that this increase was largely attributable to growth in global trade and exchange rate fluctuations. He added that the marine cargo market was in a state of “accelerating change” driven by underwriters taking action to address unprofitable results and to improve performance.Dalton stated: “On a global basis…

Image: Maersk Tankers

Cargill, Maersk Tankers to Run Joint Pool

Commodities trader Cargill and shipowner Maersk Tankers aim to build a joint Medium Range (MR) tanker pool with more vessels as they seek to cut emissions."The strategic partnership will improve flexibility for customers and reduce fuel consumption and emissions, whilst having a positive impact on time-charter-equivalent earnings for partners," claimed Maersk Tankers which operates 164 product tanker vessels.Cargill will enter its MR fleet into the existing Maersk Tankers MR pool…

Pic: Port of Oakland

Oakland Port Refrigerated Exports Jump 20%

The Port of Oakland’s refrigerated exports have jumped 20% in past year. The Port said it handled 119,756 20-foot containers of refrigerated exports from August 2018 through July 2019. That was up from 99,740 in the same period a year ago."The figures reinforce Oakland’s position as the largest exporter of refrigerated cargo in containers among U.S. ports," said a press release from the container ship facility located in Oakland, California, in the San Francisco Bay.“Our business partners are investing to meet increased overseas demand for U.S.

Drew Orvieto (Photo: ZF Marine Propulsion Systems)

ZF Promotes Orvieto

ZF Marine Propulsion Systems Miramar, LLC announced that Drew Orvieto has been promoted to the position of Senior Manager, Commercial Fast Craft and Engineering – North America. Orvieto, a 4+ year member of the ZF team first worked with the company as an intern in 2011.Orvieto returned to ZF in 2015 after completing a Master’s degree in engineering, followed by a period as a naval architect at a large American boat builder. Upon his return to ZF, Orvieto took a position as naval architect…

Pic: Hapag-Lloyd

Hapag-Lloyd Launches Quick Cargo Insurance

German-based global cargo container shipping line, Hapag-Lloyd AG is expanding its digital product portfolio. As one of the first container shipping companies, Hapag-Lloyd is now offering its customers an online marine insurance."Quick Cargo Insurance" provides customers with tailor-made insurance offers around the clock. The insurance cover takes effect immediately upon conclusion of the contract."Not every cargo transported by sea is insured, yet. For instance, small and medium-sized customers often do not take out insurance for cost reasons.

Image: Damen

Damen Shipyards to Hold Maritime Festival

Dutch shipbuilding and engineering conglomerate Damen Shipyards Group is once again holding its one-day-only annual industry networking event at its headquarters at Gorinchem in the Netherlands.Following three successful editions as the Damen Workboat Show, this year it has been rebranded as the Damen Maritime Festival to better reflect the full Damen product range as well as the day’s lively atmosphere and will take place on Thursday 19 September.As before, the festival will…

Frost  & Sullivan said shipbuilders and dry-docking companies should work with marine coatings specialists to ensure that high-performance, environmentally-sustainable marine coatings that can protect the environment and increase fuel efficiencies are developed for use in the maritime sector.
Photo: © helenedevun/Adobe Stock

Marine Coatings Market: Clean, Green & $9.3B by 2025

In its latest analysis of the marine coatings sector, UK-headquartered market analyst Frost & Sullivan’s has shown that increased development and adoption of more environmentally sustainable and durable antifouling coatings using higher priced chemistries is a fast-growing trend in the marine sector. In addition, Frost & Sullivan’s report, ‘Global Marine Coatings Market, Forecast to 2025’, says that the Asia-Pacific region is expected to dominate the market owing to its large…

Photo: V.Group

V.Group to Manage ADNOC's 93 Offshore Vessels

Ship management and services major V.Group has signed a contract with Abu Dhabi-based ADNOC Logistics & Services to provide crew management services to 93 offshore support vessels.The ship management company said that to support the contract, and to enable further expansion in the region, it has opened a new Abu Dhabi office, which began operations in early August.The office and service function was successfully delivered within a 90-day period, as part of a formal agreement between…

Contecon Guayaquil SA, ICTSI's terminal in Guayas, Ecuador. Image: ICTSI

ICTSI Unveils Banana Transport Insurance Program

International Container Terminal Services (ICTSI) Ecuador has launched the first transport insurance program for banana trade.Contecon Guayaquil SA, the Ecuadorian subsidiary of ICTSI, will be providing banana-exporters with a comprehensive insurance program, increasing coverage for the transport. ICTSI claims that Contecon Guayaquil SA (CGSA) is the world’s biggest banana export port.Designed according to the needs of Ecuador’s export market – SIE, Ecuador’s first integral insurance…

Port of Liverpool (Photo: Peel Ports)

Yang Ming Hails New Liverpool Service

A new express feeder service to Liverpool has smashed its initial targets almost immediately after launching in June, underlining demand for a direct Far East call at the port.The weekly Yang Ming service from Southampton is now operating at 150 boxes per week, three times more than expected, transporting mainly retail goods to distribution centers in the North West.B&M is one of the national chains driving this growth and is saying it would move 100 per cent of its cargo from…

Adobestock / © magicbones

UK Risks Losing Edge in Maritime Services

Britain's position as a top hub for maritime services is being eroded by competition, a loss of shipping finance business and the removal of tycoon-friendly tax breaks, a report said, deepening uncertainty for its financial sector as Brexit nears.The UK has been a pivotal global shipping centre for centuries, especially the City of London, and has dominated marine insurance, ship broking, shipping finance and other maritime services.These contribute $5.6 billion a year to Britain’s economy…

Japanese oil refiner Cosmo Oil is to build new storage capacity for IMO-compliant low-sulfur fuel at its Chiba facility. (Photo © Adobe Stock / show999)

Cosmo Oil Builds IMO-compliant Fuel Stocks at Chiba Port

Japan’s third-largest oil refining company, Cosmo Oil, , has started building stocks of very-low-sulfur fuel oil (VLSFO) for supply to domestic marine fuel markets from next month (October 2019) ahead of the IMO 2020 mandate requiring ships globally to reduce their bunker fuel sulfur content to 0.5% from the current 3.5% from January 2020.Cosmo Oil is using VLSFO produced at its residue desulfurizer (RDS) unit at its Chiba refinery near Tokyo to build the stocks, Cosmo Oil’sPresident Shunichi Tanaka said on Sunday…

Photo: FESCO

Russian Railways, FESCO Digitalization for Cargo

Russian Railways (RZD) and FESCO Transportation Group are launching a service for electronic document flow for intermodal shipments of import freight through the Commercial Port of Vladivostok (VMTP, is part of FESCO Transportation Group), hence being able to reduce transit time by 4 days – from 5 days to 21 hours. The first container freight shipping with the documents processed electronically was made September 4th, 2019, in VMTP in presence of Aleksandr Misharin (the first…

Image: T.S. Lines

TS Lines Adds Pan Asia Service Loop

Taiwanese ocean carrier TS Lines (TSL)  has announced the launch of the Pan Asia 1(PA1) Service that provides weekly connectively between China and Southeast Asia.The PA1 service offers one of the most comprehensive Northern China market coverage comprising seven China main ports as well as Hong Kong, Singapore and Malaysia, said a press release.The PA1 service commenced sailing from Shanghai on 30th , August with the following port rotation: Shanghai -Dalian – Xingang – Qingdao…

Aerial view of the new subsidiary in Hamburg with administration building (foreground) and workshop (background). Photo: Liebherr

Liebherr Invests in Hamburg Port

The Swiss multinational equipment manufacturer Liebherr, has officially opened its new service center in Hamburg. The center, comprising an area of 44,000 square meters in the Kuhwerder.“We are investing in a location which offers long-term potential for growth in several directions. Due to the logistic requirements, the harbour in Hamburg is our central hub for rental and buy-back machines, as well as for all kinds of repairs for the European area,” said Jörg Schmidt, Managing…

Pic: Tallink Grupp

Tallink Enters Singapore

Estonian shipping company Tallink Grupp has announced establishing a subsidiary in Singapore this week – Tallink Asia Pte Ltd – which is the group’s first subsidiary in Asia. The operator of cruise ferries and ropax ships said that the purpose of founding a subsidiary in Singapore is to simplify the development and expansion of the group’s activities in Asia."We have always been open about the fact that Tallink Grupp is continuously looking for opportunities to develop our activities and expand into new markets," Paavo Nõgene, CEO of Tallink Grupp said.

Chauncey Naylor (Photo: Resolve Maritime Academy)

Naylor Named Resolve Maritime Academy Director

Resolve Maritime Academy, the learning arm of the Resolve Marine Group, has welcomed Chauncey Naylor as the Academy’s new Director responsible for operational management, strategic course, and certification development. Naylor comes to Resolve from Williams Fire and Hazard Control in Port Arthur, Texas with extensive experience leading safety management and emergency service teams.For the past 23 years, Naylor has been a driving force behind Williams’ response teams earning himself the prestigious Red Adair Industrial Community Award.

Photo: Ports & Maritime Organization

Iran Builds Mechanized Terminal in Shahid Rajaee Port

Iran is all set to build the country's largest mineral mechanized terminal collaborating with the private sector in Shahid Rajaee port.Mohammad Ali Hassanzadeh, Deputy Director of Ports and economic Affairs of Ports and Maritime Organization said: “A contract will be signed with the private sector to build the country's largest mineral mechanized terminal in Shahid Rajaee Port within the next few days.”The final capacity of the terminal is 50 million tons and is being implemented in three phases.

Pic: Canadian National Railway

Evergreen, CN Extend Intermodal Pact

Canadian National Railway (CN) and Taiwanese container transportation and shipping company Evergreen Line announced that their long-standing relationship of 27 years will continue with a new agreement extending their intermodal partnership.Evergreen and CN have long enjoyed a mutually beneficial partnership, with Evergreen calling at CN served ports such as Vancouver, Prince Rupert, and Halifax. This new agreement furthers the privileged relationship between both companies.“We are pleased to be renewing our partnership with CN…

Liebherr container cranes in the port of Cleveland, Ohio (Port of Cleveland)

Tideworks, Liebherr, Enter Cooperation Agreement

The two companies to cooperate on offerings for the global supply chain.Tideworks Technology announced cooperation activity with Liebherr Container Cranes Ltd. (LCC).This is Tideworks’ first cooperation with an equipment manufacturer and demonstrates a progression of its efforts to provide the global supply chain with next-generation TOS solutions and innovative options that include both software and hardware in a harmonized approach. The cooperation will allow terminal operators…

Thomson onboard the Canadian Coast Guard Ship Hudson with SeaThigor mechanical face seal installed.

 (Photo: Thordon Bearings)

Polymer Pioneer Wins Sperry Award

Thordon Bearings’ founder and polymer materials pioneer George A. (Sandy) Thomson has been awarded the global transportation sector’s most distinguished accolade, the Elmer A. Sperry Award 2019 for “Advancing the Art of Transportation”.Thomson joins a long list of Sperry Award recipients, which was established in 1955, including Donald Douglas, Ferdinand Porsche, Sir Geoffrey De Havilland, Christopher Cockerell, Leonard Hobbs, Perry Pratt, Josef Becker and Malcom McLean.“I am deeply honored and humbled to win this award…

Cosco, CN Extend Intermodal Pact

Canadian National Railway (CN) announced that COSCO Shipping has chosen CN to be the exclusive rail provider for the Chinese state-owned shipping company's discharge at the Ports of Vancouver, Prince Rupert, Montreal, and Halifax to all currently served CN destinations.“We are proud that CN’s supply chain logistics and focus on growth has earned the continued trust of COSCO shipping’s business,” said Keith Reardon, senior vice-president of consumer product supply chain at CN.“This is yet another strategic contract signed recently.

AdobeStock / © Kasto

CargoSphere Launches Maersk Spot

CargoSphere, the neutral rate network for container shipping, has announced the launch of Maersk Spot on its rates platform. The Maersk Spot product offers customers a loading guarantee and a fixed price at booking. This integration will enable customers to access Maersk Spot rates together with their confidential contract rates in a single rate search on CargoSphere.Since August of 2018, Maersk has been live on CargoSphere and digitally distributing its confidential rates to shippers using CargoSphere eSUDS (electronic Smart Upload and Diagnostics Solution) and the CargoSphere Rate Mesh.

U.S. Blacklists IRG Oil Shipping Network

The United States on Wednesday sanctioned a sprawling network of firms, ships and individuals allegedly directed by Iran's Islamic Revolutionary Guard Corps that supplied Syria with oil worth tens of millions of dollars in a breach of U.S. sanctions.The individuals included a former Iranian oil minister and his son, the U.S. Treasury Department said in a statement. Also hit were subsidiaries of an Indian firm with an interest in the Adrian Darya, the Iranian tanker that has been cruising the Mediterranean since its release from detention by authorities in Gibraltar in July…

Cammell Laird's HSEQ director Tony Potter welcomes the company's new quality assurance manager Gordon Maxwell (Photo copyright: Cammell Laird)

Cammell Laird Appoints New QA Manager

Merseyside UK shipyard and engineering services company Cammell Laird has appointed a new quality assurance manager to forge closer relationships with suppliers and bring best practice from other industries to his new role.Gordon Maxwell is the new QA manager heading up a team of 19 striving to deliver the company vision of getting it right first time.He said he is looking to take a more proactive approach to quality assurance as he draws on his experience of working for the likes of television parts manufacturer Philips Components and central heating manufacturer Baxi.

Credit: Port of Cleveland

BREAKBULK SHIPPING: Breakbulk Breaks the Mold

In the cargo shipping world, there’s the bulk sector, the container segment, and then, there is “everything else.”When it comes to ‘everything else,’ breakbulk is the cargo that resides in between, comprising much of that remainder, including forest products (lumber, baled pulp) and steel. Breakbulk may, at times, share space on multipurpose vessels that also handle heavylift and project cargo, but can also be transported on vessels that handle drybulk. Prior to the advent of containerization, bales, barrels and pallets dominated.

Pic courtesy: Top Ships

TOP Ships Revenues Up by 51% for H1 2019

The international owner and operator of modern, fuel efficient "ECO" tanker vessels TOP Ships announced that its total revenues increased by 51% to $29.8 million for the six months ended June 30, 2019 compared to $19.7 million for the same period in 2018.Its net loss decreased by 91% to ($0.6) million for the six month ended June 30, 2019 compared to a net loss of ($6.6) million for the same period in 2018.The Greek company said that its adjusted EBITDA increased by 341% to $15.0 million for the six month ended June 30…

Map: Hapag-Lloyd

Hapag-Lloyd Splits European Services

German-based  cargo container shipping line Hapag-Lloyd AG is splitting its Region Europe into northern and southern parts. In doing so, the world’s fifth-largest liner shipping company will remain close to global markets and serve customers from a total of six regions effective immediately.The new Region South Europe, which will have its headquarters in the Italian port city of Genoa, aims to bolster Hapag-Lloyd’s competitive position in the Mediterranean region. It will include Area Italy…

File Image: SMM

SMM 2020 Publishes Maritime Industry Report

“Driving the maritime transition”: In times of the global climate debate and the digital transformation, SMM 2020 will once again be the focal point for decision-makers in the maritime industry.Topics that are currently high on the industry's agenda are highlighted in the new issue of the SMM Maritime Industry Report: Shipping, shipbuilding and supplier companies are especially interested in alternative propulsion technologies and attractive niche markets.The year 2020 marks a major turning point in international shipping: On January 1…

File IMage: Hapag Lloyd Reefer boxes.

Drewry: Reefer Container Equipment Availability to Remain Tight

Reefer container equipment availability will remain tight over the next few years which will impact shipping capacity supply and freight rates at seasonal peaks, according to Drewry’s latest Reefer Shipping Annual Review and Forecast 2019/20 report, published this month.After the dramatic halt in reefer equipment expenditure by cash-strapped shipping lines in 2016 which led to acute shortages in several regions, production of new refrigerated container equipment recovered during 2017 and continued to gather pace in 2018.

From left: TOSYALI Chairman Fuat Tosyali, Turkish Ambassador to Japan, H.E. Dr. Hasan Murat Mercan, MOL President & CEO, Junichiro Ikeda. Photo: MOL

Turkish Steel Giant in Logistics Pact with MOL

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has signed a memorandum of agreement with Turkish steel producer Tosyali Holding A.S.A joint press release said that the agreement is to begin the research toward a strategic partnership, and in this respect signed a memorandum of agreement in the presence of Dr. Hasan Murat Mercan, Turkish Ambassador to Japan, at the Turkish Embassy in Tokyo on August 30.The companies will study the possibility of a partnership in the transport of raw materials and steel products in Tosyalı's production networks in Turkey and overseas…

Naval architecture and marine engineering degrees can lead to major job opportunities and high-salary careers. 

(Photo: © Adobe Stock / Aleksandr)

Naval Architecture and Marine Engineering Tops for Jobs

The results of a recent survey conducted by financial services company Bankrate, LLC show that naval architecture and marine engineering take the top spot as the most valuable college degrees in which to major.A total of 162 degrees were covered in the company’s research. Drama and theater arts, on the other hand, were shown to be the least valuable degrees in terms of earning power after graduation. The survey revealed that the overall median income for those trained to build, design and maintain maritime vessels was $90,000 and that less than 2 percent of degree holders were unemployed.

File Image: AdobeStock / © Carabay

McQuilling Mid-Year Tanker Market Outlook

McQuilling Services Announces the Release of the 2019 Mid-Year Tanker Market Outlook Update.The Mid-Year Tanker Market Outlook Update provides an outlook on the global tanker market in the context of global economic growth and oil fundamentals influencing tanker demand and vessel supply. The outlook includes a view on future asset values, time charter rates, market freight rates and TCE revenues for 24 major tanker trades and four triangulated routes across eight vessel segments for the second half of 2019 through the remaining four years of the forecast period 2019-2023.

Image: eMARINE Global

eMARINE Global Wins ROK Navy Gig

The provider of information and communications technology (ICT) for the maritime industry eMARINE Global  signed a contract with the Republic of Korea Navy for the maintenance of its Anti-Submarine Warfare Team Trainer (ASWTT) at the Jin-Hae Naval Base.The contract is valued at an estimated 920 million won (US$0.76 million), said the Maritime ICT Provider based in South Korea which also have operations in the US.eMARINE has maintained the ASWTT virtual reality simulator, used to simulate battles between warships and submarines, since 2017.

Pic: Yang Ming Marine Transport Corporation

Yang Ming Launches Japan-Thailand Service

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation enhances its Intra-Asia service network by launching a new Japan–Thailand service (JT1) effective from September 11th, 2019.The JT1 service will call at Shimizu, Tokyo, Yokohama, Pusan, Laem Chabang. It will directly link Laem Chabang with Japanese ports and Pusan.The new weekly service will be added to Yang Ming’s network through a space swap program with Ocean Network Express Pte. Ltd.With the launch of JT1 complementing the existing two Japan–Thailand services…

File Image: American Patriot Container Transport LLC

Inland Container on Vessel Logistics Advance

Missouri Port Authorities Team Up To Advance Plan For Statewide Initiative That Focuses On Innovative Inland Waterway Container-On-Vessel Freight Service.Missouri Governor Michael Parson visited the Mississippi River town of Herculaneum on August 12 to find out more about statewide efforts to deliver a new option to transport freight along the inland waterways and what role an innovative waterway vessel could play in moving larger volumes of goods and commodities along both the Mississippi River and Missouri River and their tributaries.

The SENNEBOGEN 875 E Hybrid material handler offers increased working loads and reaches of up to 95 ft. (29 m) with the lowest energy consumption.

SENNEBOGEN Offers Ports More, Cleaner Material Handling Options

For decades, SENNEBOGEN has been providing customer-specific material handlers, especially in the challenging port sector. SENNEBOGEN's versatile line of port material handlers is especially valued when bulk and general cargo needs to be unloaded from the ship or barge as quickly as possible.The capabilities of SENNEBOGEN’s port specialists were on large display at the recent edition of Bauma, where the firm demonstrated its 875 E Series Hybrid model, featuring the now proven…

Sergey Frank, President and CEO, PAO Sovcomflot. Photo: Sovcomflot.

Revenues Soar at Russia’s PAO Sovcomflot

PAO Sovcomflot (SCF Group), which serves the energy shipping and offshore services to the oil and gas industries, reported in the first half of 2019 revenues rose 16.6% ($828m vs. $710.1m), TCE revenue rose 19.1% ($609m vs. $511.3m) and EBITDA rose 42.4% ($381.2m vs. $267.7m) as compared to the first half of 2018.Highlights from the first half included:• Korolev Prospect, Vernadsky Prospect and Samuel Prospect LNG-fuelled 114,000 DWT Aframax tankers added to the fleet.•In March 2019, the Group celebrated the 10th anniversary of the start of LNG shipments from the Sakhalin-2 project.

Image: Thun Tankers

Thun Orders New Tanker for Geos Charter

Swedish shipping company Thun Tankers BV has placed an order for a 4,250 dwt product tanker at Dutch Ferus Smit shipyard.The ordered tanker will be delivered October 2020 and enter into a long term agreement with UK based Geos Group Ltd, said the coastal shipping company.The vessel will be built with “NAABSA” – Not Always Afloat But Safely Aground – design being able to call tidal restricted niche ports.Thun’s long experience of building resource efficient, high quality vessels…

Pic: APM Terminals

APM Terminals Mumbai Goes Online

At APM Terminals Mumbai it is now possible to submit Additional Service Requests (ASR) via its online Customer Service Portal. Replacing a manual process, this new automated process is quicker, simpler and more transparent for customers.Around 20 import and 20 export services can now be requested online, ranging from priority delivery, seal fixing, and inter-terminals transfers to early or late gate-ins, empty container storage and break-bulk handling.Requests for additional services are activated immediately, removing the need to allow for 24 hours processing.

Pic: Grindrod Shipping Holdings

Grindrod Shipping Updates on Fleet

Grindrod Shipping Holdings, a global provider of maritime transportation services in the drybulk and product tanker sectors, announced that it took delivery of the IVS Phoenix, a Japanese-built eco ultramax drybulk carrier newbuilding in June 2019. The vessel has been chartered-in from its owner for a minimum period of three years with options to extend for up to two additional years, at Grindrod Shipping’s election, it said.The Singapore-based company said that it sold the 2005…

File Image: AdobeStock / © 14KT Gold

Tanker Owner, Operator & Officers Guilty in ECA Crimes

The owner and operator will pay a total criminal fine of $3,000,000.00.U.S. Attorney Gretchen Shappert for the District of the Virgin Islands announced that IONIAN SHIPPING & TRADING CORP., LILY SHIPPING LTD., STAMATIOS ALEKIDIS, ATHANASIOS PITTAS and REY ESPULGAR have been convicted and sentenced for various pollution, recordkeeping, and obstruction of justice crimes on the Motor Tanker (“M/T”) Ocean Princess in St. Croix, U.S.V.I. The defendants’ conduct included using fuel that exceeded the maximum allowable sulfur concentration in the U.S. Caribbean Emission Control Area (“U.S.

Photo courtesy of DCA

Dutra Launches Hydraulic Dump Scow

On August 20, 2019, Dutra’s new Jones Act built Hydraulic Dump Scow ES15 was successfully launched, christened, commissioned and will finish sea trials and additional testing this week. Next week the ES15 will head to Massachusetts to to work on the Boston Harbor Deepening Project.ES15 is a 6,000cy Hydraulic Dump Scow built in Corn Island Shipyard in Grandview, Indiana, located at 734 Mile Marker on the Ohio River. Departing from Corn Island, IN  on August 27, 2019, the vessel will head south on the Ohio River…

Pic: A probehead for taking gas samples in hot gas atmosphere, produced at the thyssenkrupp TechCenter Additive Manufacturing. It is additive manufactured from austenitic heat resistant steel, and has a longer service life due to integrated cooling channels. Image courtesy of thyssenkrupp

Thyssenkrupp Wins 3D Printing Approval

The international accredited registrar and classification society DNV GL has awarded thyssenkrupp, German multinational conglomerate, first additive manufacturing  approval of manufacturer certificateThe shipping industry is looking to take advantage of additive manufacturing (AM), also known as 3D printing, to print spare parts, thereby reducing lead times, costs, stock requirements, and environmental impacts. Certification ensures that AM part users can have the same confidence…

AdobeStock / © Gear STD

Russia's Rosneft Tenders marine bunkers in euros

Top Russian oil producer Rosneft has put up marine fuel cargos for sale with the euro as the default currency, a tender document showed on Monday, in line with its plan to sell oil products in the single currency instead of the U.S. dollar.Rosneft said it had tendered to sell up to 70,000 tonnes of low-viscosity marine fuel with sulphur content of up to 1% from its oil refineries with delivery between Sept. 1 and Oct. 31 on a freight-on-board (FOB) Black Sea basis or FOB St Petersburg…

Image: NSW Ports

NSW Ports Launches Sustainability Hub

Australia's NSW Ports launched its new Sustainability Hub and 2019 Sustainability Plan, detailing its performance across environmental, social, economic and governance measures and outlining its proactive strategy and actions for the next three years.NSW Ports CEO Marika Calfas welcomed the launch, and reiterated the company’s commitment to embedding a Port-wide culture of sustainability: “At NSW Ports, we manage the key trade gateways that connect the people and businesses of NSW to global markets.

Image: geoLOGIC systems

GeoLOGIC Acquires TOP Analysis

Canada's geoLOGIC systems announced that it has purchased TOP Analysis, a provider of Canadian thermal oilsands critical information & competitive intelligence through  an easy to use SaaS platform available to all disciplines."TOP Analysis is regarded as an industry standard for data  associated with thermal projects and all oil & gas regulatory information by engineers, geologists and other technical professionals. TOP Analysis enabled clients to be competitive in a market where the ability to make timely development decisions can make or break a company…

DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem. Photo: DP World

DP World Profits Up 27% in H1 2019

Dubai International Ports Group (DP World) announced a strong financial results for the first six months of the year ended June 30, 2019 and its profits soared by 27% to US$753.Acquisitions and growth in non-containerized revenue helped revenue climb to $3.46 billion, although on a like-for-like, constant currency basis the revenue increase was 11 percent, said the Dubai-based company.Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, said: “DP World is pleased to report like-for-like earnings growth of 22% in the first half of 2019 and attributable earnings of $753 million.

MV Baru. Pic: Klaveness Combination Carriers

Klaveness' CLEANBU Switch from Wet to Dry Cargo

Norway-based shipowner Klaveness Combination Carriers (KCC) has undertaken a wet-dry cargo switch, marking a first for one of its CLEANBU combination carriers.The vessel transported a full cargo of petroleum products (CPP) from India to Argentina, said the global owner and operator of combination carriers.After discharging the CPP, she completed the cleaning and conversion from tanker mode to dry bulk mode, loaded a grain cargo and is now enroute back to Asia. Strong cleaning capabilities with cleaning result available for online inspection on new digital application.After discharging of CPP…

AdobeStock / © rawf8

China Unveils Retaliatory Tariffs as Dispute Escalates

China unveiled on Friday retaliatory tariffs against about $75 billion worth of U.S. goods, putting an additional 10% on top of existing rates in the latest tit-for-tat exchange in a protracted dispute between the world's top two economies.The latest salvo from China comes after the United States unveiled tariffs on an additional $300 billion worth of Chinese goods, including consumer electronics, scheduled to go into effect in two stages on Sept. 1 and Dec. 15.China's commerce ministry said in a statement it would impose additional tariffs of 5% or 10% on a total of 5…

Image by Liebherr-MCCtec Rostock GmbH

BP Orders BOS 2600 Offshore Crane

Ship cranes manufacturer Liebherr-MCCtec Rostock GmbH together with China's Yantai CIMC Raffles Shipyard signed a contract concerning the delivery of a board offshore crane, type BOS 2600.The German maritime cranes maker said BP will use the crane for supply and maintenance tasks on a jack-up accommodation platform off the coast of West Africa.The BOS 2600 is a compact and function-orientated crane design within the well-known Liebherr Offshore crane series and therefore the ideal solutions for platforms where space on deck is limited.“Because of the particular requirements of this project…

Pic:  Survitec

Survitec, MRT Collaborate on Constant Wear Lifejacket

Two safety equipment specialists - Survitec and Marine Rescue Technologies (MRT) - have created a lifejacket that accommodates and complements a range of MRT personal locator beacons (PLB) and takes advantage of the two companies’ knowledge in their respective fields.Both companies have a long and respected history – MRT has 40 years’ experience in designing man overboard safety systems.While Survitec, with its 160-year heritage and complete safety and survival portfolio – has…

Photo: Azerbaijan Caspian Shipping Company (ASCO)

Azerbaijan Launches Feeder Service in Black Sea

The Azerbaijan Caspian Shipping Company (ASCO) will launch a test voyage of a feeder vessel along the Black Sea container route Batumi-Constanta by September 20.The vessel will sail every 10 days (3 times a month). If cargo volumes increase, the growth in the number of vessels and the regularity of sailings on the line is also expected.Tbilisi, the capital of Georgia, hosted  general meeting of an association of legal entities – the Trans-Caspian International Transport Corridor International Association.Rauf Valiyev…

Photo:St. Louis Regional Freightway

Missouri Plans Inland Container-On-Vessel Service

Missouri Governor Michael Parson visited the Mississippi River town of Herculaneum on August 12 to find out more about statewide efforts to deliver a new option to transport freight along the inland waterways and what role an innovative waterway vessel could play in moving larger volumes of goods and commodities along both the Mississippi River and Missouri River and their tributaries. He was joined by a group of Missouri lawmakers, Jefferson County elected officials, representatives from the port authorities of Jefferson County, Kansas City and Jefferson City, and others.

Photo: Damen

Damen Wins UX Design Award

Damen Shipyards Group won an award for the Human Machine Interface that it has been developing over the past two years for its Next Generation Tug Series. The UX Design Awards are intended to honor innovative solutions that add value to applications, technologies and services through positive experiences, thereby strengthening people's abilities, enabling novel applications and facilitating access to new fields of knowledge.The Human Machine Interface (HMI) developed by Damen in partnership with VanBerlo has won a Product 2019 Award.