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Tag: shipping


Shipping

Frontline: Tanker Market Has Exited the Cycle Trough

November 16, 2018

Via: World Maritime News

Frontline added that during the quarter net loss attributable to the company adjusted for certain non-cash items was USD 8.4 million. According to Robert Hvide Macleod, Chief Executive Officer of Frontline Management AS, tanker markets are beginning to rebalance following […]


Shipping

Finnlines to Build More Green Ships

November 7, 2018

Via: World Maritime News

The new order would follow a number of initiatives launched by the company to promote environmental sustainability, including the order of three new RoRo vessels. “Further resources will be invested in a new series of modern large green RoPax vessels […]


Shipping

Report: Global Alliances in Container Shipping Could Raise Competition Concerns

November 5, 2018

Via: World Maritime News

In 2018, the top four container carriers accounted for 60 pct of the global container shipping market. Nowadays, the market share of the biggest carrier (19 pct) is larger than the market share of any global liner alliance before 2012, […]


Shipping

Delivery of World’s 1st LNG-Powered Cruise Ship Postponed

October 26, 2018

Via: World Maritime News

The shipbuilder explained that it would need more time to thoroughly test all of the ship’s systems in order to ensure smooth operation of this technologically complex vessel. As such the ship’s sea trials and scheduled delivery had to be […]


Shipping

UK Chamber of Shipping: UK Needs a Deal, Not Chartered-In Ships

October 24, 2018

Via: World Maritime News

The plan is being considered as a contingency measure, but the transport authorities remain optimistic a sensible trade agreement with the EU, UK’s largest source of food imports, would be made. According to Brexit secretary Dominic Raab, cited by the […]


Impact & Regulations, Shipping

BW Green Carriers Takes World Fuel Services to Court over Contaminated Fuels

October 24, 2018

Via: World Maritime News

The company filed a complaint at Florida Southern District Court on October 19, 2018, seeking compensation for damages caused by contaminated bunkers to two of its LPG tankers, M/V BW Kyoto and M/V BW Leo, court documents show. The fuel […]


Shipping

ABB to Plug More Holland America Line Ships into Shore Power

October 23, 2018

Via: World Maritime News

Namely, the cruise company hired Swiss-based power and automation technology group ABB for the work, that will allow the ships to draw on land-based electrical grids when docked in port. With ABB’s shore connection technology, ships can turn off all […]


Shipping

MethaShip: Renewable Methanol Is ‘Fuel with a Future’

October 22, 2018

Via: World Maritime News

The MethaShip partners found that methanol can offer a dramatic improvement in emissions reduction across multiple ship types once the IMO has established the statutory framework conditions necessary for an industry-wide reduction of CO2 emissions. “The whole shipping sector is […]


Shipping

Scorpio Agrees Scrubber Deals for Tanker, Bulker Fleets

October 16, 2018

Via: World Maritime News

The LOIs were inked with suppliers, engineering firms, and ship repair facilities and are subject the execution of definitive documentation, according to the two companies. Following its entry into an agreement to retrofit fifteen of its LR2s with exhaust gas […]


Shipping

Port of Gothenburg Starts Building New Terminal

October 12, 2018

Via: World Maritime News

The 220,000 square metre terminal, scheduled for completion around 2025, will be constructed using 350,000 cubic metres of dredge spoils from the river, the Göta Älv. The first phase of the project started with piling earlier this week. “It feels […]