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Category: Shipping


Shipping

COSCO Shipping Lines Welcomes Another 14,500 TEU Boxship

June 20, 2018

Via: World Maritime News

China’s COSCO Shipping Lines has welcomed to its fleet another 14,500 TEU newbuild, COSCO Shipping Denali. The naming and delivery ceremony for the ultra large container vessel (ULCV) was held at Jiangnan Changxing Shipbuilding on June 13, 2018. Flying the […]


Shipping

Nordic American Tankers Abandons Bond Offering

June 19, 2018

Via: World Maritime News

Bermuda-incorporated Suezmax owner Nordic American Tankers (NAT) has decided to abandon its previously planned bond offering. The company informed that the decision was made as the offering is not in the best interest of NAT shareholders. NAT explained that its […]


Shipping

Port of Oakland, SSA Terminals Agree New Lease to 2027

June 18, 2018

Via: World Maritime News

The deal, which was approved on June 14, includes a 19-acre expansion at SSA’s Oakland International Container Terminal (OICT); purchase of three new ship-to-shore cranes by the terminal operator for cargo handling; and options that would extend the new lease […]


Shipping

Panama Canal Ups Maximum Draft for Neopanamax Locks

June 14, 2018

Via: World Maritime News

The Panama Canal Authority (ACP) increased the maximum allowable draft for vessels transiting the Neopanamax locks on June 13. The maximum authorized draft for vessels transiting these locks was set at 14.94 meters tropical fresh water (TFW). The ACP informed […]


Shipping

South Carolina Ports Break May Volume Record Despite Key Bridge Closure

June 13, 2018

Via: Transport Topics

Despite the partial closure of an important interstate bridge in the Charleston area, South Carolina ports broke their May record for the volume of containers handled. The South Carolina Ports Authority announced June 11 the ports handled 197,437 containers that […]


Impact & Regulations, Shipping

Charleston Harbor Gets USD 49 Mn for Deepening Project

June 12, 2018

Via: World Maritime News

The Charleston Harbor Deepening Project will receive USD 49 million in federal funding, that will be coupled with financial support from the State of South Carolina to further the progress of deepening the Charleston Harbor to 52 feet. “This funding […]


Shipping

ITF: ACP Plans to Further Reduce Crew on Panama Canal Tugs

June 11, 2018

Via: World Maritime News

The Panama Canal Authority (ACP) has informed the Union de Capitanes y Oficiales de Cubierta (UCOC) that it plans to reduce the tug’s crew to minimum manning established by the Panama Maritime Authority. The ACP has informed the UCOC that […]


Shipping

NRF: US Container Imports to Hit Record despite Tariffs Debate

June 8, 2018

Via: World Maritime News

Ports covered by Global Port Tracker handled 1.63 million TEU in April. That was down 5.8 percent from March and up 0.3 percent year-over-year. “Despite an environment where the U.S. administration is enacting measures that could well lead to a […]


Shipping

Interview: New Rules to Impact Ship Repair Market from 2019

June 6, 2018

Via: World Maritime News

The new environmental regulations, such as Ballast Water Management Convention and the 2020 Sulphur Cap, which set to make great changes in the shipping industry, are expected to impact the ship repair market as well. Newport Shipping Group, a UK-registered […]


Shipping

LR: Zero Emission Ships’ Main Challenge Lies in Fuel Storage

June 4, 2018

Via: World Maritime News

The move, considered as a potentially game-changing development, envisages at least halving the shipping sector’s greenhouse gas emissions over the period, however, without a clear plan of action, many questions have arisen as to how this would be accomplished. Katharine […]