Coast Guard News
October 7, 2020
Kribi Multipurpose Terminal (KMT), a Cameroonian subsidiary of International Container Terminal Services (ICTSI), has started commercial operations at the multi-purpose terminal located in the Port of Kribi in Cameroon, Central Africa.... [Read More]
October 7, 2020
Robert Hvide Macleod, Chief Executive Officer of tanker major Frontline Management AS, has decided to step down from his position.
Macleod is retiring after six years leading the company through often volatile market conditions.... [Read More]
October 7, 2020
Switzerland-based energy storage company Leclanché has won a contract to provide battery energy storage systems for two hybrid ships ordered by compatriot Compagnie Générale de Navigation sur le Léman (CGN SA).
Leclanché was selected by Swiss shipbuilding company Shiptec AG and Siemens Energy SRL, Milan, for the project.
The two ships, each with a capacity of 700 passengers, will replace existing diesel-powered vessels and will be used to transport passengers between Switzerland and France with projected completion dates of 2022 and 2023.... [Read More]
October 7, 2020
Lloyd’s Register Group (LR) has entered into a deal to sell its energy business unit to Inspirit Capital, a London-based investment firm.
LR said the agreement follows a comprehensive review of LR’s business portfolio and strategic direction.
As disclosed, the deal will create a new engineering and technical consultancy offering specialist asset performance, risk management and project management expertise across complex industrial assets, the energy transition, and rail infrastructure.... [Read More]
October 7, 2020
A group of the world’s largest energy, agriculture, mining, and commodity trading companies, including Trafigura, Cargill, and Shell, have committed to report on CO2 emissions reduction of their shipping activities in line with the industry’s decarbonization goals.
The companies have joined forces within a global framework, the Sea Cargo Charter, which establishes a common baseline to quantitatively assess and disclose whether shipping activities are aligned with adopted climate goals. ... [Read More]
October 6, 2020
Norway-based OIM Wind, together with its financial partners, has signed an EPC contract with the CIMC Yantai Raffles Offshore shipyard in China for the construction of an installation vessel capable of installing giant next-generation offshore wind turbines.
The vessel, currently referred to as BT-220IU Wind Installation Unit, will enter into service by the end of 2022 and will be operated by Norwegian company OSM Maritime. ... [Read More]
October 6, 2020
Norway-based OIM Wind, together with its financial partners, has signed an EPC contract with the CIMC Yantai Raffles Offshore shipyard in China for the construction of an installation vessel capable of installing giant next-generation offshore wind turbines.
The vessel, currently referred to as BT-220IU Wind Installation Unit, will enter into service by the end of 2022 and will be operated by Norwegian company OSM Maritime. ... [Read More]
October 6, 2020
The Antwerp@C consortium has secured funding from the EU for a project that aims to study and develop CO2 infrastructure in the Port of Antwerp.
In late 2019, the Port of Antwerp brought seven chemical and energy companies together to investigate the technical and economic feasibility of building CO2 infrastructure in the port.
The consortium consists of Air Liquide, BASF, Borealis, ExxonMobil, INEOS, Fluxys, the Port of Antwerp and Total. ... [Read More]
October 6, 2020
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has obtained approval in principle (AIP) from classification society Lloyd’s Register (LR) for a 23,000 TEU ammonia-powered super large containership design.
... [Read More]
October 6, 2020
Belgian dredging specialist DEME ticked off another milestone with its LNG-fueled cutter suction dredger (CSD) Spartacus. ... [Read More]
October 6, 2020
The Panama Canal closed its 2020 fiscal year with an annual tonnage of 475.1 million Panama Canal tons (PC/UMS), a 4% drop compared to projections, mainly due to the impact of COVID-19 on global trade.
The canal authority ended its fiscal year with 13, 369 transits, a 2% lower than initially projected.
The drop in activity reflects an expected 5% contraction in world trade volumes in 2020 due to the pandemic, with an expected 8% fall in the United States, the waterway’s main client.... [Read More]
October 6, 2020
Two next-generation Maid of the Mist ferries installed with all-electric propulsion from ABB have been launched in New York.
The newbuilds — the first passenger vessels of their kind in the United States – have been approved to enter service on 6 October 2020, according to ABB.... [Read More]
October 6, 2020
MSC Gulsun; Image courtesy: MSC... [Read More]
October 6, 2020
French liquefied natural gas containment systems specialist GTT has been contracted to design tanks for LNG cargo ready VLEC quartet. ... [Read More]
October 6, 2020
French liquefied natural gas containment systems specialist GTT has been contracted to design tanks for LNG cargo ready VLEC quartet. ... [Read More]
October 5, 2020
Media and communications response to the grounding and subsequent fuel leak from MV Wakashio was insufficient, belated, and lacked in empathy with those affected by the spill, according to Navigate Response, a global crisis communications network.
The Japanese Capesize bulker ran aground on a reef off Mauritius on July 25 and the vessel broke apart on August 15, causing a major fuel spill.
The images of the wreck started emerging on the social media, and even drone footage was available.... [Read More]
October 5, 2020
Media and communications response to the grounding and subsequent fuel leak from MV Wakashio was insufficient, belated, and lacked in empathy with those affected by the spill, according to Navigate Response, a global crisis communications network.
The Japanese Capesize bulker ran aground on a reef off Mauritius on July 25 and the vessel broke apart on August 15, causing a major fuel spill.
The images of the wreck started emerging on the social media, and even drone footage was available.... [Read More]
October 5, 2020
Finnish ferry operator Finnlines, part of the Italian Grimaldi Group, has secured a loan of EUR 30 million (about $35 million) to finance the acquisition of its three new hybrid cargo vessels.
The loan was agreed with the Nordic Investment Bank (NIB). ... [Read More]
October 5, 2020
Finnish ferry operator Finnlines, part of the Italian Grimaldi Group, has secured a loan of EUR 30 million (about $35 million) to finance the acquisition of its three new hybrid cargo vessels.
The loan was agreed with the Nordic Investment Bank (NIB). ... [Read More]