Coast Guard News
November 17, 2020
Scorpio Bulkers Inc. has entered into agreements with two unaffiliated third parties to sell five Kamsarmax bulkers for a total of $101.5 million.
The ships that will be changing hands are the SBI Parapara, SBI Jive, SBI Swing and SBI Mazurka, Kamsarmax bulk carriers built in 2017, and SBI Reggae, a Kamsarmax bulk carrier built in 2016.
Scorpio said the delivery of the vessels is expected to take place in the first half of 2021. ... [Read More]
November 17, 2020
Five crew members have been kidnapped by pirates from a Ghana-flagged vessel in another incident in the Gulf of Guinea.
The 1,700 dwt cargo vessel, identified as Am Delta, was boarded some 44 nautical miles south of Brass, Nigeria, on 16 November, Dryad Global informed.
The ill-fated ship is operated by Ghana-based Adom Mbroso Water Transport, according to data provided by VesselsValue. ... [Read More]
November 17, 2020
Korean shipbuilding heavyweights have amassed over $1.06 billion in crude carrier orders in a single day having reported shipbuilding contracts for a total of 13 newbuilds.
Korea Shipbuilding & Offshore Engineering has won orders for ten 300,000 ton very large crude carriers (VLCCs) worth $890 million (KRW 985.7 billion), the shipbuilder said on Tuesday.
The company’s Hyundai Heavy Industries brand will be in charge of building seven VLCCs, while Hyundai Samho Heavy Industries has been entrusted with building three VLCC units.... [Read More]
November 16, 2020
Quality Liquefied Natural Gas Transport (QLNG) said its newly built 4000-cbm LNG articulated tug and Barge has completed sea trials. ... [Read More]
November 16, 2020
The Gothenburg Port Authority wants to cut carbon emissions at the port by promoting the use of greener construction equipment and methods in future construction projects.
The port announced plans to include new procurement stipulations for selected contracts in order to cut carbon emissions at the port.... [Read More]
November 16, 2020
Energy and commodity pricing service Argus has agreed to share its database of ammonia terminals with DNV GL’s Alternative Fuel Insight online platform, a website that provides information about and promotes the use of alternative fuels.
Green ammonia is emerging as a possible future fuel in the shipping sector, supported by shipowners’ efforts to identify alternatives to fossil fuels to meet growing environmental concerns. ... [Read More]
November 16, 2020
The European Commission has added new yards to the European List of ship recycling facilities suitable for the dismantling of EU-flagged vessels in an environmentally-friendly way.
These include two European yards and two more yards in Turkey.
“With the addition of these new yards, ship owners of EU-flagged vessels will now have a wider range of choices to get their vessels dismantled in the future,” the Commission said. ... [Read More]
November 16, 2020
The European Commission has added new yards to the European List of ship recycling facilities suitable for the dismantling of EU-flagged vessels in an environmentally-friendly way.
These include two European yards and two more yards in Turkey.
“With the addition of these new yards, ship owners of EU-flagged vessels will now have a wider range of choices to get their vessels dismantled in the future,” the Commission said. ... [Read More]
November 16, 2020
The UK government has launched the bidding process for the first seven Freeports in England to be created as part of the country’s post-Brexit strategy.... [Read More]
November 16, 2020
The UK government has launched the bidding process for the first seven Freeports in England to be created as part of the country’s post-Brexit strategy.... [Read More]
November 16, 2020
Joint venture companies belonging to Sovcomflot, NYK Line and Samudera, have secured a $155 million loan to finance an LNG carrier pair.... [Read More]
November 16, 2020
The interim COVID arrangements which have permitted seafarers to serve longer than 11 months on-board ships will end from February 28, 2021, the Australian Maritime Safety Authority (AMSA) said.
Under the Maritime Labour Convention, the normal maximum period that a seafarer can serve aboard a vessel without leave is 11 months. Due to the COVID-19 travel restrictions and border closures, AMSA has allowed for interim exemptions from this rule to keep the trade moving.... [Read More]
November 16, 2020
MISC Berhad’s Future Horizon and Eaglestar Shipmanagement made their maiden foray respectively as the commercial operator and ship manager of Avenir Advantage LNG bunkering vessel. ... [Read More]
November 16, 2020
Fourteen crew members are reported to have been kidnapped from a heavy lift vessel in the Gulf of Guinea.
On 13 November, the Liberia-flagged Zhen Hua 7 was boarded while drifting 78 nautical miles northwest of Sao Tome, Dryad Global said.
Built in 1998, the ship is owned by China-based company Shanghai Zhenhua Shipping.
It is understood that 27 seafarers were onboard the ship at the time of the incident. Apart from the fourteen kidnapped men, one crew member was also wounded, according to data provided by VesselsValue.... [Read More]
November 16, 2020
South Korean shipbuilding major Daewoo Shipbuilding and Marine Engineering (DSME) has inked a deal to build six containerships for an undisclosed European shipowner.
The contract is worth $652 million (KRW 722.6 billion), the shipbuilder disclosed in a regulatory filing.
The containerships are scheduled for delivery in the first half of 2023.
With the latest order, DSME’s recent sales stand at KRW 8.3 trillion ($7.8 billion).... [Read More]
November 13, 2020
Italian shipbuilder Fincantieri reported a 16% drop in revenues for the first nine months of 2020 reaching €3.53 billion, considerably impacted by the Covid-19 outbreak.
The shipbuilder’s EBITDA stood at €200 million, down from €306 million reported in the same period in 2019, with an EBITDA margin of 5.7%, up from 5.0% first-semester margin (7.3% at September 30, 2019).
The shortfall in EBITDA of about €71 million has been ascribed to the Covid-19 impact, mostly visible in the first half of the year.... [Read More]
November 13, 2020
Italian shipbuilder Fincantieri reported a 16% drop in revenues for the first nine months of 2020 reaching €3.53 billion, considerably impacted by the Covid-19 outbreak.
The shipbuilder’s EBITDA stood at €200 million, down from €306 million reported in the same period in 2019, with an EBITDA margin of 5.7%, up from 5.0% first-semester margin (7.3% at September 30, 2019).
The shortfall in EBITDA of about €71 million has been ascribed to the Covid-19 impact, mostly visible in the first half of the year.... [Read More]
November 13, 2020
Italian shipbuilder Fincantieri reported a 16% drop in revenues for the first nine months of 2020 reaching €3.53 billion, considerably impacted by the Covid-19 outbreak.
The shipbuilder’s EBITDA stood at €200 million, down from €306 million reported in the same period in 2019, with an EBITDA margin of 5.7%, up from 5.0% first-semester margin (7.3% at September 30, 2019).
The shortfall in EBITDA of about €71 million has been ascribed to the Covid-19 impact, mostly visible in the first half of the year.... [Read More]
November 13, 2020
A fire broke out on board a Togo-flagged general cargo vessel which was moored near Elafonissos, Greece, the Hellenic Coast Guard said.
The fire started in the afternoon hours of 11 November. Its origin has not been determined so far.
The ship — with fourteen crew members on board — has been identified as the 6,500 dwt Al Hani. It arrived from Libya and was on its way to Turkey at the time of the incident. ... [Read More]
November 13, 2020
A fire broke out on board a Togo-flagged general cargo vessel which was moored near Elafonissos, Greece, the Hellenic Coast Guard said.
The fire started in the afternoon hours of 11 November. Its origin has not been determined so far.
The ship — with fourteen crew members on board — has been identified as the 6,500 dwt Al Hani. It arrived from Libya and was on its way to Turkey at the time of the incident. ... [Read More]