Author Archives: admin

NYK to Team with ClassNK and Others to Develop Technologically Advanced Exhaust Gas Cleaning System

Nippon Yusen Kabushiki Kaisha(NYK Line),the Monohakobi Technology Institute (MTI),which is an NYK Group company, and ClassNK have teamed up with Singapore-based Nanyang Technological University and Sembcorp Marine Technology Pte.Ltd. for research on an exhaust gas cleaning system(EGCS)*intended to be used … Continue reading

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Grant helps Mass Rescue Operations library project

The Corporation of Trinity House is supporting a Mass Rescue Operations (MRO) project with a grant to help completion of a comprehensive online reference library to be used as a source of best practice by maritime professionals across the world. … Continue reading

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TSA to introduce US$1,000/FEU rate hike and surcharge January 15

MEMBER lines of the Transpacific Stabilisation Agreement (TSA) will levy a US$600 per FEU general rate increase (GRI) for all origin and destination points as well as a $400 per FEU peak season surcharge ahead of the Chinese New Year … Continue reading

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Long Beach volume up 2.1pc – thanks to 30.2pc increase in empties

CONTAINER throughput at the Port of Long Beach grew 2.1 per cent in November to 581,514 TEU, making it the busiest November since 2007. But the increase was the result of a 30.2 per cent spike in empties, rising to … Continue reading

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India joins iron ore output surge

China already ore than two-thirds of the 1.2 billion seaborne trade, a proportion that continues to rise. The price of iron ore, down nearly 50% this year, slid to a fresh 2009 low on Wednesday after worries about Chinese demand … Continue reading

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Saudi crude oil exports rise to almost 6.9 mln bpd in Oct -data

Top oil exporter Saudi Arabia shipped more crude oil in October than a month earlier while volumes used by domestic refineries remained high allowing more oil products exports, official data showed on Thursday. The OPEC member exported 6.897 million barrels … Continue reading

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SINWA appoints Alex van Zuijlen as Group Sales & Marketing Director

SINWA, Asia Pacific’s leading marine, offshore supply and logistics company, has appointed Alex van Zuijlen as Group Sales & Marketing Director with effect from January 5th 2015. Alex, a familiar face, previously worked for Sinwa as Marketing Director from 2003 … Continue reading

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Monitoring of CO2 emissions from ships: the Council reaches a political agreement

The Council reached a political agreement on the regulation setting out new EU-wide rules for monitoring, reporting and verification of CO2 emissions from ships. The new mechanism for monitoring reporting and verification of CO2 emission from ships is a building … Continue reading

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Japan: Shipbuilders rejecting orders amid labor shortage

The depreciation of the yen is boosting demand in industries like shipbuilding, where companies are scrambling to hire enough workers, especially in areas where the number of working-age individuals is declining. The number of people in Japan aged 15 to … Continue reading

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ICS changes position on ratification by governments of imo ballast water management convention

The global trade association for merchant shipowners, the International Chamber of Shipping (ICS), has modified its stance towards the ratification by governments of the International Maritime Organization (IMO) Ballast Water Management Convention, which has still not yet entered into force … Continue reading

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Bunkering in S Korea’s Incheon, Daesan ports halted on bad weather: traders

Bunkering activities in South Korea’s western ports of Incheon and Daesan came to a halt Wednesday morning due to poor weather conditions, particularly strong winds, traders said Wednesday. “Western ports [of South Korea] are closed,” a Seoul-based trader said. “The … Continue reading

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ClassNK Register Tops 230 Million Gross Tons

Leading classification society ClassNK (Chairman and President: Noboru Ueda) announced that its register topped 230 million gross tons for the first time at the end November 2014. The announcement was made following a meeting of the Society’s Classification Committee, which … Continue reading

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ITF Calls On Australian Government To Do Better On Labour Rights

ITF Calls On Australian Government To Do Better On Labour Rights The International Transport Workers’ Federation (ITF) is calling on the Australian Government to improve labour regulations after the Federal Court found two Fijian workers had been exploited. Two men who were … Continue reading

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“Top 25 (2014) Container Liner Operators”

World’s largest carriers Dynamar has issued the 12th edition of its annual Top 25 Container Liner Operators publication. It offers an exclusive insight into world’s largest container shipping companies, their histories, natures, characteristics, developments, strategies, relationships and performances.   The … Continue reading

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India imports 38 pct more Iranian oil in Jan-Nov -trade

India imported about 38 percent more oil from Iran in the eleven months to November as an easing of Western sanctions earlier in the year over Tehran’s disputed nuclear activities helped boost shipments, trade sources said. Iran and six powers, … Continue reading

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Largest LNG-powered ferry will feature flexible MacGregor RoRo cargo access package

MacGregor, part of Cargotec, has received a contract from German shipbuilder Flensburger-Schiffbau-Gesellschaft (FSG) for a comprehensive RoRo cargo access equipment package. It is destined for an LNG-powered RoRo ferry that will be constructed at the yard for the Australian owner, … Continue reading

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Port of Antwerp showcases barge transport initiatives with Instream

Each week more than 915 barges call at the port of Antwerp carrying project cargo, containers and dry and liquid bulk to and from northern France, the Netherlands, Germany, Switzerland and Austria. Keeping this barge traffic flowing smoothly requires efficient … Continue reading

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Falling crude oil prices fuel tanker rates

The crash in crude oil prices has come to the aid of the beleaguered shipping sector because of higher demand for oil tankers. The Baltic Dirty Tanker Index (BDTI) and the Baltic Clean Tanker Index (BCTI), which are indices for … Continue reading

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Rotterdam low sulfur fuel oil bunker premiums surge on lack of prompt fuel: traders

Rotterdam-delivered LSFO bunker premiums surged on a lack of prompt availability in the ports of Rotterdam and Antwerp, traders said. 380 CST LSFO premiums moved to $24/mt against 1% ex-wharf ARA barge market, assessed at $330.50/mt on an outright basis, … Continue reading

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Greek Shipowners Splash the Cash on Liquefied-Natural-Gas Carriers

Greek shipowners, closely followed in the shipping industry for their investment choices, have splashed a record $1.8 billion this year to buy 11 new LNG carriers. The owners are betting that falling energy prices will spur demand for such vessels … Continue reading

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India to increase annual Iron Ore output to 75mt by 2018-19

Narendra Singh Tomar, India Minister of Steel and Mines, has directed National Mineral Development Corporation (NMDC) to enhance production incrementally and aim for annual production of 75 million tonnes iron ore by 2018-19 and 100 million tonnes by 2020-21, to … Continue reading

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CMB diversifies into container shipping

Today the Board of Directors of CMB approved the acquisition of the fleet of containerships of Delphis. Delphis is a fully-owned subsidiary of SAVERCO, one of CMB’s reference shareholders. Pursuant to the provisions of the Belgian Code of Companies concerning … Continue reading

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Europe-America box up 13pc in October, but west-east volume falls 4.6pc

CONTAINER volumes on services from Europe to North America increased by 12.9 per cent in October compared with a year earlier, to reach 348,900 TEU, but carriers travelling in the opposite direction had a tougher time with volumes down 4.6 … Continue reading

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Hong Kong down 5.7pc in November to 1.79 million TEU, Singapore up 6pc

FIGURES from the Hong Kong Marine Department showed the port handled 1.79 million TEU in November, representing a year-on-year decrease of 5.7 per cent from 1.9 million TEU in November last year. Singapore’s Maritime and Port Authority reported a 6pc … Continue reading

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