Multi-purpose survey vessel coated with Ecospeed in Poland In November Ecospeed was applied on the hull of the multi-purpose research vessel Imor in Gdansk, Poland. The 32,5-meter catamaran is owned by the Maritime Institute in Gdansk and was designed to perform a range of tasks such as oceanographic measurements, hydrographic or geophysical operations and bottom inspection. Due to...
Fishers Pulse 8X metal detector rated #1 by Homeland Security JW Fishers Pulse 8X has been rated the best underwater metal detector by the US Department of Homeland Security's SAVER program. The System Assessment and Validation for Emergency Responders (SAVER) program was established to assist emergency responders making procurement decisions. Located within the DHS Science and Technology Directorate, the SAVER...
Surprise Gift: Port Everglades Breaks Its Own Single-Day Passenger World Record BROWARD COUNTY, FL -- Officials at Broward County's Port Everglades knew Sunday, December 20,2015, was a busy cruise day, but they didn't realize how busy. Port Everglades actually broke its own world record for the most cruise passengers to embark and debark in a single day - 53,485 guests. The...
APM Terminals Pier 400 Los Angeles Sets New Record with the Largest Container Ship Call ever at a US Port The newly launched 18,000 TEU-class capacity CMA CGM Benjamin Franklin deployed on maiden voyage for French-based line's trans-Pacific Pearl River Express Service linking major ports in China with US West Coast. - 11,200 containers handled during 56 hours of port operations, including one shift of nine cranes at 29 gross moves...
Small, Thin Genset Muffler Fits In The Tightest Of Spaces Fitting a generator and its exhaust system into a new build or a retrofit can be challenging, especially in a confined engine room. Marine Exhaust Systems solves the space problem with its new whisper-quiet Series 4 Thinline Wall Pack Generator Muffler. Currently designed for up to 35 kW gensets, the muffler...
RINA - QinetiQ Maritime Innovation Award Innovation is key to success in all sectors of the maritime industry, and such innovation will stem from the development of research carried out by engineers and scientists in universities and industry, pushing forward the boundaries of design, construction and operation of marine vessels and structures. The Royal Institution of...
Cruise ship Marco Polo leaves Damen Shiprepair Vlissingen after 10th Special Survey Damen Shiprepair Vlissingen (DSV), part of Damen Shiprepair & Conversion (DSC), has said farewell to Marco Polo, the 800 passenger cruise ship owned by Global Maritime and operated by Cruise & Maritime Voyages. Launched in 1964 as the Aleksandr Pushkin, she was in for her 10th special survey and general...
Adani to expand its JV terminal with MSC outfit at Mundra Port Adani Ports and Special Economic Zone Ltd (APSEZ) has announced expansion of the container terminal it runs at Mundra port in India's northwestern state of Gujarat through an equal joint venture with Terminal Investment Ltd S A and convert it into a transhipment hub for the Middle East and South...
Jaya settles dispute with MMA Singapore-listed Jaya Holding has entered a settlement deed with MMA Offshore Asia (MMA) over alleged breach of warranties in the purchase of its offshore marine businesses. Both parties have reached a full and final settlement of the arbitration proceedings, effective today. According to Jaya's filing to Singapore stock exchange, the company and...
Havila Shipping seeks way out of financial difficulties Havila Shipping, the listed Norwegian offshore services company, has entered into an agreement with its secured and unsecured bank lenders to reduce amortisation for three years, postpone maturities and replace all existing covenants, subject to bondholder approval and a minimum NOK 200 million equity issue. The agreement calls to cut annual...
NYK to shed assets as volatile markets bite Credit: Daniel FerroJapan's Nippon Yusen Kaisha could sell or scrap more ships as its chief Tadaaki Naito declared the company would keep assets light in volatile businesses, in his New Year message. Naito alluded to the container and dry bulk sectors, which are grappling with structural overcapacity. He said, "The outlook for...
Weaker Chinese fuel oil demand to weigh on tankers A VLCC, pictured. Photo: Southern Cross MaritimeVolumes of fuel oil imported to China are expected to continue to fall, reducing long-haul fuel oil trades on VLCCs and suezmax tankers, according to a report issued by Italian shipbroker Banchero Costa. China is the third-largest global importer of fuel oil but imports have...
Oriental Energy sets up Singapore office Chinese LPG importer Oriental Energy has opened an office in Singapore as it looks to expand trading and chartering operations. China is set to import high amounts of LPG to feed its propane dehydrogenation plants, with imports expected to top 8 million tonnes of LPG for 2015. Representatives of LPG shipping companies and trading...
Chinese shipyard declared bankrupt State-run shipyard Zhoushan Wuzhou Ship Repairing & Building Co Ltd has been declared bankrupt by a local court in Zhejiang province. According to sources, Zhoushan Immediate People's Court has accepted a filing by Zhejiang Shipping Group regarding the bankruptcy of its subsidiary shipyard, following an accumulation of debts of about RMB911...
MSC restarts Iran service Photo: AffeldtMediterranean Shipping Co has resumed calls to Iran after suspending services in 2012 in response to trade sanctions imposed on Tehran for its nuclear programme. The Geneva-based carrier partially restarted operations in April 2014, using a third-party feeder service that enabled cargo to be transhipped at Jebel Ali, Dubai...
Port productivity not a priority for lines, says terminal operator Photo: PAShipping lines are showing more interest in working with terminals to improve port productivity but it is not prioritised and there is a huge opportunity for improvement in the area, according to a major multi-location terminal operator. The operator introduced pricing incentives for better productivity to its commercial contracts with...
Crew is safe and ship ready to go, says Swiber Singapore-listed offshore services provider Swiber Holdings has confirmed with IHS Fairplay that no crew was injured from its ship running aground in Mexico. Moreover, Swiber told IHS Fairplay that the 1,475 dwt anchor handling tug supply, Swiber Torunn, did not sustain any damages after encountering strong winds and rough sea swells on...
China's Honghua enters Middle Eastern market with rig order Hong Kong-listed rig-builder Honghua Group has secured an order of an ultra-deep drilling rig with Kuwait Drilling Company (KDC) worth HKD194 million (USD25 million). The contractual price for the construction of the rig is relatively low after taking account of its specification and capability for operating in harsh environments. The contract...
Box ship sales to pick up in January, says shipbroker London-headquartered shipbroker, Braemar ACM, expects sale and purchase activities of container ships to pick up in January. Braemar ACM said that the anticipated low pricing for the container vessel market will attract more buyers. According to the shipbroker, one of the telling signs for the increased activities is in the 2,000...
Panamax steady amid fresh BDI lows Despite slight rebound at end of 2015, fundamentals kick in to draw down rates
Prime Shipping orders two chemical tankers with Chinese shipyard Tanker company has an option to add two more to its orderbook
Baltic Dry Index hits record low second day in row Oversupplied markets drag overall index down
Product tanker rates mostly up on light distillates flows But market not yet in full action after holidays
CMES secures $76m time charters with BP and CPC China Merchants Group unit also sells six ageing handymax bulkers
Polarcus agrees debt restructuring with stakeholders Low case forecasts still see cash exhausted in 2017
Ningbo Zhoushan Port Group to complete restructuring Zhejiang province eyes further consolidation of the regional port industry
Challenging year blunts share traders' preferences Shipping companies' preferred shares fell during 2015 with most dry cargo issues ending at steep discounts to par value
Asian shipping lines resume calls to Iran Hanjin, HMM, Evergreen started Iran port calls in 2015
Lloyd's List most read stories 2015 A strong showing by the ever-popular Lloyd's List Top 100 and Next Generation, while the world's biggest ship MSC Oscar continued to turn heads, the Costa Concordia master continued to raise eyebrows and Hoegh Osaka just simply turned over
Mitsubishi-led consortium sells stake in Brazil shipyard amid slowdown and scandals Price tag for sale of the 30% stake is said to be 'symbolic'
Angelicoussis confirmed as buyer of Star Bulk and Scorpio capes Fresh seven-vessel haul puts Greek owner at forefront of industry 'big guns' snapping up big bulkers in distress
Gener8 Maritime sells MR tanker for $17.5m Gener8 Consul will be delivered to buyer next month
North Europe container volumes forecast to continue decline in 2016 The way only a few industries are still shifting sourcing and output to Asia may be contributing to the slowdown, says Hackett report
'Agreement in Principle' for recycling plant in Abidjan Ecoslops on course to meet its growth objectives.
Oil prices losing ground Brent touches an 11-year low.
Platts Report: China Oil Demand Grew 1.5% Year over Year in November Fuel oil, gasoil demand contracts.
Falling bunker prices help drag down freight rates But some of the fall was the result of carriers granting shippers reductions to secure cargo.
Japan's JX settles Q4 fuel oil prices down around 17-19% on lower costs JX's fuel oil prices are used as benchmarks by industrial buyers in Japan.
High sulfur fuel oil Med-North arbitrage seen open on weaker NWE Increased bunker demand in the Med to be partially covered by NWE cargoes, sources have said.
Port of Rotterdam sees record number of VLCCs for fuel oil in 2015 'Demand for fuel oil is slightly lower.'
OW: Ship arrest denied US court spurns ING move.
Bomin's bid for to buy bankrupt bunker player collapses But Bomin has purchased some of the company's bunker inventory.
External: Global Risk Management Bunkerworld Latest News / 21h
Danish sniffer data suggest better ECA compliance than EU average However, data for EU non-compliance figures are calculated differently.
South Korea orders bunker tanker registration Vessels have until mid-2017 to comply.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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