Conley Marine names Laura Martin Director of Sales St. Louis, Mo., headquartered Subchapter M compliance specialist Conley Marine Services has appointed Laura Martin as its new Director of Sales and Business Development. Martin was previously VP of Sales at maritime
Huntington Ingalls awarded $1.4 billion for LPD 30 design and construction Huntington Ingalls Industries, Pascagoula, Mississippi, has been awarded a $1,471,290,677 modification to a previously awarded contract for the procurement of the detail design and construction of Landing Platform Dock (LPD) 30, the
VIDEO: RCN to test Mixed Reality vessel M&R solution The Royal Canadian Navy is to test a Mixed Reality Remote Assistant Support (MIRRAS) system as part of a project that aims to improve maintenance and repairs aboard active naval vessels. The
CMA-CGM splits ten-ship order 50/50 between LNG and scrubbers CMA-CGM Group Chairman and CEO Rodolphe Saadé, yesterday signed two strategic agreements covering construction of 10 new 15,000 TEU containerships, five of them LNG fueled and five fitted with hybrid scrubbers. The
Turkish tugboats deliver big bollard pull on trials The first of two new tugboats being built for the Turkish Directorate General of Coastal Safety delivered exceptional results on sea trials that included a bollard pull certified at 75 tons by
First Chinese-built cruise ship will feature ABB propulsion package ABB has been awarded a contract by Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS), that will see it supply a comprehensive power and propulsion package for China's first domestically built cruise ship, which
Steamship drops Rotterdam for Cyprus in hub plan International Group affiliates both among number of UK-based P&I clubs effectively forced to set up subsidiaries within EU to guarantee...
VLCCs reshape crude flows as US Gulf becomes net exporter The established global trading patterns of very large crude carriers appear poised to change significantly during 2019 as the US...
World Shipping Council attacks 'flawed' ITF report on BER Carrier lobby group says report on impact of consortia on shippers and ports is flawed and suffers from deficient analysis
Insurers await outcome of Viking Sky inquiries Too soon to estimate extent of likely payout after evacuation of passengers in the wake of engine damage over weekend...
Box traffic may further slow in 2019 Lower reported throughput at some ports and slowing manufacturing in Europe and Asia may pull back container throughput growth this...
Box freight contract negotiations face headwinds Front-loading and low-sulphur rules weigh on shippers' and carriers' minds as they seek to establish contract rates for the year...
DP World enhances UK feeder offering DP World's two UK facilities have seven shortsea services calling its berths with the addition of the Cosco loop
Singamas chief sets out asset sale strategy Hong Kong-listed box maker sees its net profit rise 66.6% to $73.4m for 2018
Daily Briefing Yildirim shortlisted for Long Beach Container Terminal | Viking Sky: Questions are raised over engine failure | Clean trading dries...
Sapura Energy returns to profit For the year ahead, Sapura Energy aims to remain focused on growing and executing the orderbook as well as delivering...
Oil tanker and LNG carrier collide off Fujairah Both vessels suffered bow damage but there were no reports of injuries or pollution
Hurtigruten signs deal to power cruiseships with biogas Norway may emerge as home to the world's first large passenger ships that run on biogas derived from organic waste
Shell advances Lake Charles LNG plan with Energy Transfer The 50:50 JV partners plan to issue an invitation to tender in the weeks to come for the engineering, procurement...
Bahrain LNG to receive first shipment in May Bahrain LNG has reportedly signed agreements with more than 25 companies and gas-producing countries around the world to import the...
CMA CGM orders 10 mega ships in China Marseilles-based company says five ships will be fuelled by LNG and the rest will be fitted with scrubbers, while the orders...
Stena RoRo orders ninth newbuild Per Westling-led owner has option for two more ships.
Fritz Heidenreich: Chartering platform not needed for bulk cargo Boss of information technology provider Q88 says market works 'extremely well' with brokers serving a unique purpose
Cruise sector sails into digitalised realm Ship designers create 'digital twin' while vessel operations and guest experiences enter cyber realm
Seafarer's punitive damages claim argued before US Supreme Court Opening statements heard in Dutra v Batterton case that will determine if crew can sue errant employers
US orders marine insurers to help snare sanctions busters Switching off AIS should not be permitted under marine insurance cover, says US government agency
Nakilat hints at Q-Flex LNG carrier transits on Panama Canal Qatar's largest shipowner talks up benefits of using expanded waterway
Performance Shipping starts with a clean slate The containership player is free from debt and has cash to spend after a successful issuance of warrants
Horizon Tankers sells aframax pair in asset play Horizon Tankers has capitalised on the rising tanker market by selling two 16-year-old aframaxes. US brokers said the Greek shipowner has offloaded the Hyundai Heavy Industries-built, 115,000-dwt Gardenia (built 2003) to a South East Asian buyer for $13.2m, while the Samsung Heavy industries-built, 104,000-dwt Voyager C (built 2003) has gone for $13.25m. Anthony Comninos-led Horizon did not res
Cargo insurers want more say on salvage in wake of fires Underwriters say they pay out the most for boxship fire salvage but are often left out of decision-making
The 'psychological problem' facing autonomous shipping Technology makes turning over some of a ship's operations to computers possible, but shipowners have to get comfortable, too
UK to reassess seafarers after test "discrepancy" The UK's Maritime & Coastguard Agency (MCA) is having to reassess about 500 seafarers after discrepancies were discovered with a course provider. The crew in question completed safety-critical courses governed by the requirements of the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW). Affected seafarers will be contacted within five working
Canada admits defeat in bulker spill case Canada will not appeal a court verdict clearing a Greek bulker of responsibility for a 2015 fuel spill. In February, the 81,000-dwt Marathassa (built 2015) was acquitted of pollution charges after 2,700 litres of oil leaked into English Bay. Greek bulker cleared of fuel spill as yard defects blamed The court blamed defects in building the vessel at Japan Marine United. After the verdict, the P
HHI-DSME mega-merger could hit roadblock The mega-merger between Korean shipbuilders Hyundai Heavy Industries and DSME could face difficulty in winning competition clearance. The Korea Herald reported that the deal must gain approval from about 30 countries, including Asian rivals and European clients. Riots and new CEO for DSME as HHI merger sealed A combination, signed earlier this month, will give the group a 21% market share, but
Carnival posts lower first-quarter earnings The Arnold Donald-led cruise major posts higher revenue but sees higher fuel costs.
UK and US to join Norway's Viking Sky investigation More countries interested in finding out what caused engine failure on cruiseship.
New boss of Total Marine Fuels 'very positive' about future of LNG fuelling Jerome Leprince-Ringuet, managing director of Total Marine Fuels Global Solutions, believes more companies will opt for LNG as a fuel this year, as the industry looks to IMO 2020 compliance. "For 2019, I'm betting that there will be new ones and I'm very positive," he told TradeWinds. Leprince-Ringuet said LNG fuelling is more applicable for newbuildings, however, orders were low in 2018. But
d'Amico banking $26m from MR sale Italy's d'Amico International Shipping (DIS) is banking $25.7m from selling a modern MR tanker. The company said it has signed a deal to offload the 46,000-dwt High Voyager (built 2014) on a sale and leaseback basis to a "reputable Japanese charterparty." The transaction will generate $9.6m in cash and will pay off the ship's existing loan. This contributes to the "liquidity required to complet
Klaveness back in profit after market boost Norway's Torvald Klaveness has returned to profit for 2018 as markets improved. The bulker, boxship and combination carrier player said pre-tax earnings were $10.1m against a $2.1m loss in 2017. Net profit was $6m, against a loss of $6.1m in 2017. KCC appoints IPO advisors KCC hit by Brazilian alumina plant force majeure It added that the result improved due to "somewhat" better underlying ma
Norden confirms sale of four bulkers as it goes asset-light Norden has confirmed it has sold four bulkers during the past month, which it says is part of its strategy to become a more asset-light business. Two 77,200-dwt geared panamaxes, Nordkap and Nordpol (both 2002), have been sold, the Danish company confirmed. Brokers last week reported the vessels were picked up by unknown Chinese buyers at a price of $7.25m each. Norden also confirmed it has
UK Club wins Dutch clearance for Brexit bolthole The UK P&I Club has won clearance in the Netherlands to trade there after the UK leaves the European Union. It said approval for a licence has been confirmed by the Dutch financial regulator for its Rotterdam-based subsidiary UK P&I Club NV (UKNV). "The new subsidiary will ensure the UK Club, together with other Thomas Miller-managed clubs for which UKNV is fronting, can continue to serve member
UK warns drivers after lorries toppled on ro-pax UK accident investigators have warned drivers to leave their vehicles while at sea following a dangerous incident on a P&O ro-pax last year. The 20,600-gt European Causeway (built 2000) encountered heavy weather and seas en route from Northern Ireland to Scotland on 18 December. Six lorries tip over on P&O ferry The UK Marine Accident Investigation Branch (MAIB) said the roll caused nine of 40
Equinor hires Shearwater for more 4D survey work Shearwater GeoServices has won another two-month contract to undertake more survey work for Equinor. The Oslo-listed company's 126-metre survey vessel Amazon Conqueror (built 2015) will conduct a 4D seismic survey at Equinor's Troll Unit, around 65 kilometres west of Kollsnes, off the west coast of Norway. Shearwater wins Equinor and Aker BP survey deals Shearwater wins more 4D seismic survey w
Annual profit slashed at Evergreen Taiwanese boxship line Evergreen has seen annual profit shrink away as costs rose. The company said net earnings for 2018 were just TWD 78.5m ($2.54m), down from TWD 6.66bn in 2017. Revenue was up at TWD 169.23bn, against TWD 150.58bn the year before. But operating expenses rose more quickly, reaching TWD 161.77bn from TWD 139.69bn.
Ostensjo reveals Viking Sky rescue drama Norwegian owner Ostensjo Rederi has told how it sent the first tug to the scene of the stranded cruiseship Viking Sky in a storm off Norway on Saturday. The 48,000-gt Viking Ocean Cruises vessel (built 2017) was carrying more than 1,300 passengers when it got into difficulty off the west coast. Viking counts 25 injured in Norwegian cruise ship drama Ostensjo said its 500-gt tug Vivax (built 200
Kristin Tidemand says family is fully committed to Stove 'Equally strong engagement' in all three main shipping segments
Questions abound as shipping takes tiny steps towards autonomous shipping The opportunity for un-crewed ships seems set to make a big splash - but there are no shortage of questions to be answered first
Bernhard Schulte wins cruiseship contract Bernhard Schulte Cruise Services (BSCS) has clinched a technical management deal for a new Indian cruise venture. It will oversee Jalesh Cruises' 70,000-gt Karnika (built 1990), which was previously P&O's Pacific Jewel. BSM: working with Venezuela 'almost impossible' The Crown Princess-class vessel is undergoing comprehensive refurbishment at Sembcorp Marine Admiralty Yard in Singapore before e
Fuel spilled after boxship hits tanker and bulker A containership has collided with a bunker tanker and a bulker after going off course in Germany. Local police said in a statement that the incident involving the 1,578-teu boxship Calisto (built 2005), operated by Peter Dohle Schiffahrts, happened on Sunday on the Elbe near Brunsbuttel. LNG carrier and VLCC in collision off Fujairah The 39,000-dwt bulker Interlink Affinity (built 2016), manage
German bulker probed after crew complaints A German bulker is being investigated in Australia following complaints by crew about the conditions on board. The 58,000-dwt Anna-Elisabeth (built 2008) is docked at Port Kembla for an inspection by the Australian Maritime Safety Authority (AMSA). This was prompted by complaints made to the The International Transport Workers' Federation (ITF) by 17 Sri Lankan seafarers. They said there was no
Tankers back up after Houston Ship Channel spill Shipping has been disrupted and refinery production cut after a petrochemical fire and spill near the Houston Ship Channel. Shell and LyondellBasell Industries reduced output due to the incident at Mitsui & Co Inc's Intercontinental Terminals Co (ITC) storage facility in Deer Park, Texas, last week. France to inspect Grande America wreck for pollution risk Reuters reported that petrol, water an
Robbers target crew of crude tanker in Venezuela Latest incident sees knife-wielding attackers strike off country's main oil export terminal.
Louis Dreyfus "profits" from US-Chinese trade dispute French commodities giant posts improved financial performance after tough first half.
Spanish coal mine closures boost bulker tonne mile demand Country looks to the other side of the world to make up for shortfall of domestic supply.
OOCL parent company reports smaller profit in 2018 OOIL reported a profit attributable to equity holders of $108.2 million in 2018 compared to $137.7 million the previous year despite higher operating profits and revenues.
Yilport in running to take over Long Beach terminal The Turkish port operator is one of the finalists trying to become the operator of one of the largest and most automated terminals in the U.S.
Europe proposes 33.5 billion euros for transport projects
Focus on supply fundamentals drives oil complex higher Crude and product futures settled higher Tuesday as the market eyed a tightening global supply outlook
Oil trading houses look for bigger role in US export boom Global oil traders are looking to grow their exposure to the surging flows of US shale oil, taking stakes in pipelines, storage tanks and export terminals as the world's biggest oil producer wins
European LSFO market to come under further pressure on bearish fundamentals Europe's low sulfur fuel oil market is set to come under further pressure on a confluence of factors, including sweet crude arbitrage movements from the US, the arrival of Brazilian product and increased production of LSFO
Strikes at Greece's Hellenic refineries causing bunker loading delays A strike planned at Hellenic Petroleum's refineries in Greece on March 28-30, has already limited prompt availability for bunker fuel at the Greek port of Piraeus
Middle East refineries ramp up investments as IMO 2020 approaches
Demand for 0.5% marine fuel in Fujairah currently muted: Vitol director Muller At full capacity the refinery could produce around 40,000 b/d of IMO 2020-compliant LSFO.
TANKERS: VLCC, LNG tanker collide off Fujairah coast "It is heard the VLCC suffered serious damages in the front bow," a broker said.
Bunker traders set to play bigger role in facilitating credit, information as IMO 2020 approaches "I would expect large and established traders to play an important role," Cosulich said.
INTERVIEW: Marine gasoil, MDO set to be main short-term fuel choices for IMO 2020 -Glander CEO "We have a high level of awareness in all corners of our organization as to how it [IMO 2020 rule] may impact each part of our business," Ladekj'r said.
New ISO specs for IMO 2020 compliant fuel expected mid-2019 "Categorically there will be no delay in implementing this rule; I would urge [shipowners] to get ready now," Hughes said.
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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