Coast Guard News
November 19, 2020
The Finnish technology group Wärtsilä has secured engines order for two CGN hybrid ferries.
The company will supply the engines and related emissions control after-treatment systems.... [Read More]
November 19, 2020
The world’s largest container shipping company Maersk is likely to opt for a zero-emission alternative to fossil fuels rather than choosing LNG as a bridging fuel for the company’s fleet.... [Read More]
November 19, 2020
Global CO2 emissions from shipping will continue to rise and track fleet growth, a new analysis by Swedish big data firm Marine Benchmark shows.
As explained, this is because most of the efficiency gains possible by the shipping industry to drive down its carbon footprint over the past decade have already been made, the proportion of eco-ship newbuildings entering the global fleet are projected to drop to historic lows and the use of LNG as a transitory fuel remains relatively small.... [Read More]
November 18, 2020
The sale of an almost 25-year-old crude oil tanker marks the end of the 4th longest streak of zero VLCC demolitions in history, lasting 512 days, BIMCO said.
The 300,500 dwt VLCC named Sam (formerly Zoya 1) experienced a fire while undergoing maintenance in January this year.
As Offshore Energy – Green Marine reported, two Indian seafarers lost their lives in this fire and four were missing including two Indians.
The cause of the fire is yet to be determined.... [Read More]
November 18, 2020
South Korean shipbuilder Hyundai Mipo Dockyard has terminated a contract for four pure car truck carriers (PCTC) worth $155 million (KRW 171.8 billion).
The contract for the 7,500-ceu car carriers with an unnamed Marshall Islands-based company had been signed in 2015.
In 2016, the shipowner inked a deal with Hyundai to change the delivery dates for the newbuilds from 2018 to 2020. A year after, the contract was changed from four PCTC units to two vehicle carriers and two PC ships.... [Read More]
November 18, 2020
The Isle of Man Ship Registry has been selected as the flag state to oversee the construction of two rail-enabled roll-on roll-off passenger ( RoPax) ferries that will connect New Zealand’s North and South Islands.... [Read More]
November 18, 2020
Jeddah Port’s Red Sea Gateway Terminal has taken delivery of two remote-controlled Ship-to-Shore (STS) cranes, and 10 hybrid-Rubber-Tyred Gantry Cranes (RTGs), as part of its planned expansion.
Namely the terminal aims to double its annual container throughput capacity to 5.2 million TEUs by 2023. ... [Read More]
November 18, 2020
A seafarer has been medevaced after suffering serious injuries onboard its vessel, the Australian Maritime Safety Authority (AMSA) said.
The yet unidentified vessel was travelling to Port Hedland and located approximately 1,850 km off the Western Australia coast in the Indian Ocean when the seafarer sustained serious burns.
From the initial call on Saturday evening to the successful medical transfer of the seafarer to hospital, the AMSA Response Centre, located in Canberra (ACT), coordinated the multiagency medical evacuation. ... [Read More]
November 18, 2020
UK Prime Minister Boris Johnson has released a £12 billion plan for a ‘green industrial revolution’ that is expected to support up to 250,000 jobs.... [Read More]
November 18, 2020
The Nordic energy company Gasum has extended its LNG bunkering services to the ARA region with its new deal with Equinor. ... [Read More]
November 18, 2020
A total of 41 Indian seafarers have been stranded on two ships for months unable to dock in Chinese ports and carry out crew changes amid heated tensions between the governments of China and Australia.
The seafarers got in the middle of a debate between the two countries exacerbated by the calls from Australia for an independent inquiry into the origins of the coronavirus.
In response, Beijing reportedly imposed trade embargos on Australia, targeting coal, one of Australia’s key exports, the AFP writes.... [Read More]
November 18, 2020
Danish container shipping major A.P. Moller – Maersk managed to grow earnings and cash flow in the third quarter of this year, despite the negative effect of the COVID-19 pandemic on global economies. ... [Read More]
November 18, 2020
The International Maritime Organization (IMO) has approved a number of measures aimed at cutting the shipping sector’s carbon emissions in the next decade.
The measures adopted at the IMO’s Marine Environment Protection Committee (MEPC) taking place virtually from 16-20 November included amendments to the International Convention for the Prevention of Pollution from Ships (MARPOL) to strengthen the “phase 3” requirements of the Energy Efficiency Design Index. ... [Read More]
November 18, 2020
NextDecade Corporation has selected Great Lakes Dredge & Dock Corporation to perform essential improvements to the Brownsville Ship Channel.... [Read More]
November 17, 2020
Technology company ABB has secured an order worth around $150 million to deliver a comprehensive scope of technologies to power next-generation cruise ships being built by Italian shipbuilder Fincantieri
As informed, ABB will equip five newbuild vessels with Azipod electric propulsion, which is said to reduce fuel consumption on board.... [Read More]
November 17, 2020
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November 17, 2020
Norwegian shipowner Grieg Star has set up a separate company, named Grieg Edge, to drive innovations within sustainable maritime services.
As informed, the new subsidiary has already taken over the practical follow up of Grieg Star’s participation in the Zero Emission Energy Distribution at Sea (ZEEDS) initiative that envisions making zero-emission fuels available to the shipping industry. ... [Read More]
November 17, 2020
Japanese engineering major Mitsubishi Heavy Industries (MHI) is set to issue a $239 million (JPY 25 billion) green bond on November 24 as it aims to raise funds to support the decarbonization challenge.
MHI revealed its green bond issuance plans at the end of October saying the funds raised would target investments in existing or new renewable energy and clean energy businesses and projects related to wind power, hydrogen, and geothermal power systems. ... [Read More]
November 17, 2020
The Bureau International des Containers (BIC) and the Digital Container Shipping Association (DCSA) said they have completed their collaboration to standardize the codes used to identify facilities such as depots, container yards, M&R vendors and other supply chain container facilities. ... [Read More]
November 17, 2020
Hong Kong-listed China Development Bank Financial Leasing is buying six vessels from German shipowner Oldendorff Carriers GmbH & Co for $137 million.
The vessels include six 60,000-ton bulkers, CDB Leasing said, adding that upon the completion of the transaction the vessels would be leased back to Oldendorff.
CDB Leasing plans to finance the purchase from its own funds and/or commercial bank loans. ... [Read More]