Top

Tag: shipping


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

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 […]


Shipping

Port Commission Greenlights Houston Ship Channel Expansion Work

September 27, 2019

Via: World Maritime News

The widening and deepening of the ship channel, the busiest in the United States, is needed for improved safety and the future growth of regional and national commerce. Specifically, the ship channel expansion work approved by the port commission includes […]


Shipping

Evergreen to Order Ten 23,000 TEU Containerships

September 12, 2019

Via: World Maritime News

According to the company’s stock exchange filing, the new vessels would be built at three shipyards. Namely, six units would be built by South Korea’s Samsung Heavy Industries, while two each would be constructed at China’s Jiangnan Shipyard and Hudong […]


Shipping

South Korean Shipbuilders Reign Supreme in New Orders

September 10, 2019

Via: World Maritime News

According to data published by the South Korean Ministry of Trade, Industry and Energy, the country’s shipbuilders received orders totaling 735,000 compensated gross tons (CGTs) in the past month. When it comes to the first eight months of the year, […]


Shipping

Iran: Adrian Darya 1 Unloaded Cargo on Mediterranean Coast

September 9, 2019

Via: World Maritime News

Iran’s state news agency IRNA quoted Foreign Ministry spokesman Abbas Mousavi as saying that the vessel reached its destination on the Mediterranean coast where it offloaded the cargo, without providing details on the ship’s exact port of call. The 300,579-dwt […]


Impact & Regulations, Shipping

New Administrator Takes the Helm at Panama Canal

September 5, 2019

Via: World Maritime News

Vásquez was sworn-in during a ceremony held at the Panama Canal Administration Building in Panama City, becoming the fourth Panamanian Administrator of the waterway shortly before it celebrates its 20th year under Panamanian administration on December 31, 2019. With more […]