Coast Guard News
May 15, 2020
Singapore’s ST Engineering has launched a new design for a dual fuel LNG-powered catamaran fast crew boat optimised for crew transfer in the offshore sector.... [Read More]
May 15, 2020
Singapore’s ST Engineering has launched a new design for a dual fuel LNG-powered catamaran fast crew boat optimised for crew transfer in the offshore sector.... [Read More]
May 15, 2020
Singapore’s ST Engineering has launched a new design for a dual fuel LNG-powered catamaran fast crew boat optimised for crew transfer in the offshore sector.... [Read More]
May 15, 2020
Russia’s largest shipping company Sovcomflot logged an almost 66 per cent rise in quarterly net profit on the back of a strong performance of its conventional fleet.... [Read More]
May 15, 2020
Russia’s largest shipping company Sovcomflot logged an almost 66 per cent rise in quarterly net profit on the back of a strong performance of its conventional fleet.... [Read More]
May 15, 2020
Russia’s largest shipping company Sovcomflot logged an almost 66 per cent rise in quarterly net profit on the back of a strong performance of its conventional fleet.... [Read More]
May 14, 2020
Evac Group’s Evac Evolution ballast water treatment system (BWTS) has been selected for installation on the ILV Granuaile, an aids to navigation vessel operated by the Commissioners of Irish Lights. ... [Read More]
May 14, 2020
Hong Kong-based containership manager and owner Seaspan Ship Management has opted for low-sulphur fuels for its ships as part of its strategy to meet the IMO 2020 sulphur cap.
However, like most container vessels, the Seaspan-owned ships have only a single oil-fired boiler and a waste heat recovery boiler on board. This provides no redundancy, which is problematic when using sulphur-compliant fuels. ... [Read More]
May 14, 2020
Classification society ClassNK has granted approval in principle (AiP) to Japanese shipping major Nippon Yusen Kabushiki Kaisha (NYK Line) and its group company MTI Co., Ltd. for their joint project on the concept design of an autonomous ship framework being developed under the name of APExS.
The Japan-based classification society reviewed the safety of the framework and certified the concept design on 20 February 2020 — the first time for an autonomous ship framework to be approved in Japan. ... [Read More]
May 14, 2020
Russia’s huge new shipbuilding complex Zvezda has launched its first vessel, an Aframax tanker named Vladimir Monomakh.
The dual-fuel tanker, running on traditional fuel and liquified natural gas, is designed to carry oil in unrestricted navigation.... [Read More]
May 14, 2020
Seven people died after an Aframax tanker undergoing maintenance at a shipyard in Indonesia caught fire on 11 May 2020.
The fire broke out on board the 105,100 dwt Jag Leela docked at the Belawan shipyard in Sumatra, the Directorate General of Sea Transportation of the Indonesian Ministry of Transportation said.
It was reportedly preceded by several explosions on board the vessel.
Local agencies managed to extinguish the fire in a joint effort later that day. However, thick smoke was hampering rescue and evacuation attempts. ... [Read More]
May 14, 2020
A Spanish-flagged LPG tanker is anchored in Manilla Bay, the Philippines without a rudder and a crew of 15 seafarers running low on supplies, electricity, and wi-fi, the International Transport Workers’ Federation (ITF) informed.
The ITF said that the 7,600 gross tonnage MV Celanova, owned by GLOBALGAS SA, from Madrid, Spain, has been abandoned by the shipowner, leaving the crew without pay for months.... [Read More]
May 14, 2020
An Iranian-registered container ship Shahraz and Indonesian-registered bulk carrier Samudra Sakti I ran aground at Batu Berhanti within Indonesian territorial waters on Monday, May 11.
The ships ran aground in close proximity, which could indicate that the vessels were either trying to avoid a potential collision with each other or a third vessel. The cause of the grounding is yet to be officially determined.... [Read More]
May 14, 2020
The company
Wärtsilä means business when it comes to sustainable solutions. “We are taking
a pioneering role when it comes to sustainability. But we cannot do it alone.
The whole logistic chain needs to be involved. Only together we can make a real
impact.” ... [Read More]
May 13, 2020
Yard workforce employed by Singapore’s offshore builder Sembcorp Marine has been reduced from 20,000 to only 850 workers following movement restriction measures implemented due to the coronavirus pandemic.
Sembcorp Marine has been adversely affected by the global spread of the COVID-19 pandemic as lockdown measures have severely disrupted transportation, supply chains, manpower access and plant operations, with a resulting reduction in the demand for oil and energy.... [Read More]
May 13, 2020
Yard workforce employed by Singapore’s offshore builder Sembcorp Marine has been reduced from 20,000 to only 850 workers following movement restriction measures implemented due to the coronavirus pandemic.
Sembcorp Marine has been adversely affected by the global spread of the COVID-19 pandemic as lockdown measures have severely disrupted transportation, supply chains, manpower access and plant operations, with a resulting reduction in the demand for oil and energy.... [Read More]
May 13, 2020
Monaco-based dry bulk shipping company Scorpio Bulkers has decided to postpone the installation of exhaust gas cleaning systems on thirteen of its vessels until at least 2021 as part of its cost-cutting measures.
The bulk carrier owner said that the move is expected to delay the payment of between $20 million and $25 million of expenditures until 2021 at the earliest.
The move is being announced amid an anticipated hard impact of the COVID-19 pandemic on the demand for bulk carriers.... [Read More]
May 13, 2020
Monaco-based dry bulk shipping company Scorpio Bulkers has decided to postpone the installation of exhaust gas cleaning systems on thirteen of its vessels until at least 2021 as part of its cost-cutting measures.
The bulk carrier owner said that the move is expected to delay the payment of between $20 million and $25 million of expenditures until 2021 at the earliest.
The move is being announced amid an anticipated hard impact of the COVID-19 pandemic on the demand for bulk carriers.... [Read More]
May 13, 2020
Cargotec’s MacGregor has received orders to provide equipment to four offshore wind service vessels for Edda Wind, Østensjø Group’s offshore wind business unit.
Two of the equipment packages were awarded by the Spanish Astilleros Gondán, who is building the zero-emission prepared commissioning service operation vessels (CSOVs).... [Read More]
May 13, 2020
French container shipping major CMA CGM has secured a €1.05 billion ($1.1. billion) syndicated loan, the company announced.
As disclosed, the loan will be arranged by a consortium of banks BNP Paribas, HSBC France and Société Générale and it would be 70% percent guaranteed by the French Government.
It is part of France’s State-guaranteed loan scheme established at the end of March in response to the COVID-19 pandemic. The loan has an initial one-year maturity and an extension option for up to five additional years.... [Read More]