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Category: Shipping


Shipping

Total Launches Its 1st Boxship Giant-Ready LNG Bunker Vessel

October 18, 2019

Via: World Maritime News

Slated for delivery in 2020, the vessel will operate in Northern Europe where it will supply LNG to commercial ships including CMA CGM’s nine ultra large container vessels (ULCVs) for a period of at least ten years. In February 2018, […]


Shipping

Port of Virginia: Ship Channel Deepening to Begin in January 2020

October 18, 2019

Via: World Maritime News

On October 9, 2019, John F. Reinhart, CEO and executive director of the Virginia Port Authority, signed a contract with New Jersey-based Weeks Marine to begin the deepening of the western side of the Thimble Shoal Channel. In late September, […]


Impact & Regulations, Shipping

British Ports ‘Cautiously’ Welcome Brexit Deal

October 17, 2019

Via: World Maritime News

Under the new deal, Northern Ireland will remain part of the UK’s customs territory but also an entry point into the EU’s customs zone. Commenting on the withdrawal agreement, Richard Ballantyne, Chief Executive of the BPA, said: “We cautiously welcome […]


Impact & Regulations, Shipping

Ship Owner, Operator Fined USD 1.8 Mn for Covering Up Vessel Oil Pollution

October 17, 2019

Via: World Maritime News

Vessel owner Nederland Shipping Company and operator Chartworld Shipping Company pled guilty on October 15 in federal court in Wilmington, Delaware, to failing to notify the US Coast Guard of a hazardous condition on one of their vessels and to […]


Shipping

IBM Joins Mayflower Autonomous Ship Project

October 16, 2019

Via: World Maritime News

A new Mayflower will set sail 400 years after the historic voyage, this time using AI and other advanced technologies. The Mayflower Autonomous Ship (MAS) will use IBM’s AI, advanced servers, cloud and edge computing technologies to navigate autonomously and […]


Shipping

Shipping Costs Are Soaring as LNG Vessels Drop Out of Service

October 11, 2019

Via: Transport Topics

The cost of chartering a liquefied natural gas vessel on the short-term market has jumped the most since at least 2013. The day rate for a standard tanker east of the Suez Canal jumped 57% in the week to Oct. […]


Shipping

VV: Growth of Large LNG Sector to Continue into 2020

October 10, 2019

Via: World Maritime News

The sector is being driven by increasing demand as more countries prioritize LNG as an energy source, replacing oil and coal, combined with increasing supply as more projects continue to come online. China is at the forefront of this growth […]


Impact & Regulations, Shipping

Hyundai Heavy Obtains Second USCG BWMS Type Approval

October 10, 2019

Via: World Maritime News

The approval is for the company’s EcoBallast BWMS which consists of filtration with UV treatment during uptake and discharge. This is the 22nd certificate issued by the Coast Guard so far and the second one obtained by HHI. In October […]


Shipping

BDO: Shipping Confidence Drops as Trade Wars Intensify

October 9, 2019

Via: World Maritime News

Yet owners, charterers and managers were more confident than they were at the time of the previous survey in May 2019. The average confidence level recorded by the survey in the three months to end-August 2019 was 5.8 out of […]


Shipping

K Line to Start Research on Shipping Market Using AI

October 7, 2019

Via: World Maritime News

The company added that the purpose of this research is to estimate maritime logistics by combining data and technology, and to explore the possibility of developing predictive models with high accuracy. “The shipping market is one of the more difficult […]