Coast Guard News

August 4, 2020
The Panamax containership Cap Jackson reported a fire in the auxiliary engine room early July 29, 2020, while getting ready to transit Panama Canal. The crew members are reported to be safe and there have been no injuries reported. The crew is checking temperatures of all areas and are continuously monitoring the situation. The 4,600 TEU vessel, built in 2010, is at the port of Balboa, while a repair plan and contingency measures are being reviewed.... [Read More]
August 4, 2020
Cash-strapped Korean shipbuilder STX Offshore & Shipbuilding Co has won its first order for this year. The contract involving the construction of three 6,600 ton petrochemical tankers has been signed with a local shipper, Yonhap reported citing an announcement from the yard. The small product tankers are scheduled for delivery in 2022. The shipbuilder has been struggling with the ordering draft for quite some time, further aggravated by the ongoing COVID-19 pandemic.... [Read More]
August 4, 2020
Liquefied petroleum gas (LPG) transporter, Avance Gas, has agreed the sale of another one of its very large gas carriers to a third party for $35 million. ... [Read More]
August 4, 2020
Cruise shipping major Carnival Corporation & plc has signed agreements with Turkey-based maritime reclamation and recycling specialists ... [Read More]
August 4, 2020
The Hague-based LNG giant Shell has expanded its fleet with charter deals for six newbuild liquefied natural gas (LNG) carriers. ... [Read More]
August 4, 2020
Athens-based containership owner and operator Danaos has recoated seven of its managed containerships, with the last two vessels in the series, the 8,463 TEU Phoebe and the 6,500 TEU CMA CGM Moliere, leaving drydock in June. ... [Read More]
August 4, 2020
Monaco-based bulker owner and operator Scorpio Bulkers Inc. has signed a Letter of Intent with South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering Inc (DSME) to construct a wind turbine installation vessel. The total project cost is expected to be approximately $265-$290 million, subject to final design modifications.  The vessel is scheduled for delivery in 2023.... [Read More]
August 3, 2020
Marine fuel broking firm KPI Bridge Oil and oil trading company OceanConnect Marine have formally completed a merger to create a new brand and entity, KPI OceanConnect. The merger, first announced in February 2020, has secured a full regulatory approval, and creates one of the largest independent marine energy service and solutions providers in the world. ... [Read More]
August 3, 2020
Marine fuel broking firm KPI Bridge Oil and oil trading company OceanConnect Marine have formally completed a merger to create a new brand and entity, KPI OceanConnect. The merger, first announced in February 2020, has secured a full regulatory approval, and creates one of the largest independent marine energy service and solutions providers in the world. ... [Read More]
August 3, 2020
An armed security guard, who boarded a bulk carrier owned and operated by Eagle Bulk earlier this month, took control of the ship and deviated it from its course citing a payment dispute with his employer. The armed guard embarked M/V Jaeger together with two of his colleagues on July 21st, 2020, in the Indian Ocean before sailing towards the Red Sea, as the company has done for all transits through the High Risk Area (HRA) over the past 10+ years.... [Read More]
August 3, 2020
An armed security guard, who boarded a bulk carrier owned and operated by Eagle Bulk earlier this month, took control of the ship and deviated it from its course citing a payment dispute with his employer. The armed guard embarked M/V Jaeger together with two of his colleagues on July 21st, 2020, in the Indian Ocean before sailing towards the Red Sea, as the company has done for all transits through the High Risk Area (HRA) over the past 10+ years.... [Read More]
August 3, 2020
Two Spanish LNG bunkering projects have received financial backing to the tune of €27 million ($31.7 million) from the European Commission.... [Read More]
August 3, 2020
Evergreen Marine Corporation (Taiwan) Ltd. has become the eleventh shipowner to publicly disclose its approach to ship recycling through the Ship Recycling Transparency Initiative (SRTI) online platform.... [Read More]
August 3, 2020
At least 11 workers were crushed to death after a huge crane collapsed at an Indian shipyard in Vishakhapatnam, in southern India, the Indian Express reported. The incident took place at the government-owned Hindustan Shipyard Limited on Saturday afternoon, August 1, injuring several other workers at the site. The incident occurred during a load testing of the 70-tonne crane, which suddenly crumbled and crashed to the ground. As reported, the crane, used to carry shipbuilding equipment, was recently procured.... [Read More]
August 3, 2020
Norway has committed approximately $1.5 million (NOK 14 million) to support improved ship recycling in Bangladesh as part of an IMO-implemented project. The financing paves way for the third phase of the project on Safe and Environmentally Sound Ship Recycling in Bangladesh (SENSREC) launched in 2015.... [Read More]
August 3, 2020
The United Arab Emirates (UAE) has resumed crew change activities in all its ports and waters, the Federal Transport Authority said. The measure is being announced as UAE manages to contain the coronavirus pandemic, the impact of which has resulted in an unprecedented humanitarian crisis for seafarers across the globe. FTA said that UAE adopted a protocol of resuming maritime activities with safety measures as part of the procedures for the gradual return of maritime activities in the state. ... [Read More]
August 3, 2020
Route optimization is a critical tool, which could offer the shipping industry an exponential reduction of CO2 and other greenhouse gas (GHG) emissions from ships while ensuring fuel and other types of savings, Panama Canal Authority believes. The argument is being reiterated on the back of recently held virtual informal talks organized by the International Maritime Organization (IMO) on short-term and broader measures for reducing GHG from ships as part industry-wide efforts around the decarbonization of shipping.  ... [Read More]
August 3, 2020
Houston-based classification society ABS is to provide classification services to the first floating heavy lift and installation vessel to be built in Taiwan – Green Jade.... [Read More]

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