Search results for: masdar

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  • ICS: Non-conformity incidents dropped by 25% over the past year

    22 May 2020
    Human Capital

    Non-conformity incidents with the IMO and ILO regulations on board ships have dropped by 25% over the past year, according to the latest survey conducted by the International Chamber of Shipping (ICS). The information was collected via the users of the Chamber’s ISF Watchkeeper software, which tracks over 25 million hours of work on board […]

  • DCSA: eBL standard – the holy grail of global trade

    21 May 2020
    Innovation, IT & Software, Technology

    The Digital Container Shipping Association (DCSA) believes that the potential of eliminating paper from trade and digitising bills of lading might be sped up in the post-COVID-19 reality. As explained, despite the enormous potential in savings of time and money, the promise of an electronic bill of lading (eBL) for the container shipping industry has […]

  • P4G Getting to Zero Coalition Partnership to map the business case for shipping’s sustainable energy shift

    19 May 2020
    Business & Finance, Collaboration, Innovation, Transition

    Global Maritime Forum, World Economic Forum, Friends of Ocean Action, International Association of Ports and Harbors, Environmental Defense Fund, and University College London Energy Institute have partnered with global network P4G. The new P4G Getting to Zero Coalition Partnership builds on the Getting to Zero Coalition, which unites more than 130 public and private organizations […]

  • Ardent to wind down business after deciding not to take any new salvage work

    19 May 2020
    Business & Finance

    Emergency management and wreck removal company Ardent, announced that it will no longer enter into new contracts from May 2020 on. The decision emerges five years after the company’s establishment in 2015, following the merger of Svitzer Salvage and Titan Salvage. Over the past five years, Ardent has completed over 300 contracts worldwide for the […]

  • UK’s new unaccompanied roro terminal at Tilbury2 passes ship trial

    19 May 2020
    Ports & Logistics, Project & Tenders

    The UK’s newest and largest unaccompanied freight roll on/roll off (ro-ro) terminal at Tilbury2 took a step closer to opening with the successful completion of ship trials at the weekend. Two of P&O’s chartered freight ferry fleet, the Bore Song and the Norstream, arrived at the new ro-ro terminal on the Thames on Sunday, May 17, where the […]

  • Study: Existing retrofittable solutions can secure double-digit savings

    18 May 2020
    Vessels

    Retrofittable solutions have the potential to bring double-digit savings for owners with a return on investment period of less than three years, according to a project carried out under Green Ship of the Future (GSF), an independent non-profit organization which explores the road towards emission-free maritime transport. Some 20 partner organizations participated in the project […]

  • New cluster of coronavirus cases emerges at Keppel Shipyard

    3 April 2020

    A new cluster of coronavirus infected people has been identified at Singapore-based Keppel Shipyard, Singapore’s Ministry of Health informed. At least three people with confirmed infections have been linked to the cluster. According to the local media, about 100 shipyard employees who have had direct contact with the infected people have been placed on a […]

  • Watch: ULCV crashes into a crane at Busan port

    7 April 2020
    Vessels

    Ultra large containership Milano Bridge toppled a crane at a container terminal in the Port of Busan on Monday, April 6. According to Korean media reports, the 13,900 TEU containership derailed cranes 81-84 and caused the crane 85 at the Busan New Port to collapse. As informed, the collision occurred while the empty boxship was […]

  • Hyundai Heavy-DSME merger probe in EU back on track

    4 June 2020
    Research & Development

    The European Union’s anti-trust body has resumed its in-depth investigation into the proposed acquisition of Koran shipbuilder Daewoo Shipbuilding & Marine Engineering CO., Ltd (DSME) by its compatriot Hyundai Heavy Industries Holdings (HHIH). The European Commission stopped the clock on the merger investigation on April 1, 2020, after establishing that the Coronavirus pandemic was impacting the […]

  • DNV GL’s new certification targets infection prevention for the maritime industry

    3 June 2020
    Certification & Classification, Vessels

    DNV GL has launched a new certification in infection prevention for the maritime industry aimed at facilitating industry players to resume operations better prepared for COVID-19 or other emerging pathogens.  This is especially important for the passenger transport industry, which needs to reassure the public the ships are safe for travel again. Cruise liners continue […]

  • Giant Tier III-compliant ATB joins OSG’s fleet

    2 June 2020
    Vessels

    U.S.- based tanker company Overseas Shipholding Group (OSG) has taken delivery of the OSG 204, a 204,000 barrel capacity oil and chemical tank barge, built by Greenbrier Marine, a division of The Greenbrier Companies. The Jones Act barge has been built in compliance MARPOL Annex VI Regulation 13 Tier III standards regarding nitrogen oxide emissions […]

  • AMSA detains APL England over inadequate lashing arrangements

    29 May 2020
    Vessels

    APL England, a Singapore-flagged 5,780 TEU containership, which lost around 40 containers in heavy weather off Sydney last week, has been detained by the Australian Maritime Safety Authority (AMSA). Inspections of APL England have found inadequate lashing arrangements for cargo and heavily corroded securing points for containers on the deck, AMSA said. “These inspection findings […]

  • US Coast Guard grants BWM extension amid COVID-19 disruptions

    13 April 2020
    Authorities & Government, Regulation & Policy, Rules & Regulation

    Due to the ongoing disruptions caused by the COVID-19 pandemic, the United States Coast Guard has given owners more time to meet the Ballast Water Management Regulation for vessels with compliance dates before April 1, 2021. Specifically, closed drydocks, travel restrictions in many parts of the world, as well as social distancing requirements and the […]

  • ABB: Large ships powered by fuel cells are on the horizon

    20 May 2020
    Innovation, Research & Development, Technology, Vessels

    The development of the zero-emission ships will require continuous technological innovation to get the industry to its ultimate objective of decarbonizing shipping. As such, the path toward a green future will not be unified as the industry would have to rethink the ways it has been building ships so far and come up with alternatives. […]

  • UAE to Ease Restrictions on Crew Changes

    6 April 2020
    Human Capital

    The United Arab Emirates (UAE) has decided to gradually lift the restrictions on crew changes enabling seafarers stuck in UAE to return to their homes. The move is being announced in the wake of growing concerns for seafarers and their mental health as their transfer has been banned as part of measures aimed at curbing […]

  • Damen Shiprepair Harbour & Voyage teams up with Verolme Special Equipment on scrubber maintenance

    15 May 2020
    Business & Finance

    Damen Shiprepair Harbour & Voyage (DSHV), part of the Dutch Damen Shipyards Group, has signed a joint partnership cooperation deal with compatriot equipment manufacturer Verolme Special Equipment for the provision of services to exhaust gas cleaning systems (EGCS), widely known as scrubbers. The agreement comes as a response to the increasing demand for availability of […]

  • HAROPA Le Havre becomes IPCSA member

    29 May 2020
    Ports & Logistics

    France’s Le Havre port has become a member of the International Port Community Systems Association (IPCSA), an international association of sea and airport community operators, authorities, and single window operators championing the electronic exchange of information across borders and throughout the supply chain. Le Havre is a multipurpose port hub and at the centre of a […]

  • Carnival to put majority of its ships in prolonged layups

    3 April 2020
    Business & Finance, Vessels

    Carnival Corporation expects to put a vast majority of its ships in prolonged layups during the global pause of its cruise operations resulting from the coronavirus pandemic. During the prolonged ship layups, the ships will be manned by a limited crew, costing approximately USD 1 million per month. The cruise liner major said that some […]

  • Hyundai Mipo Dockyard hands over 1st of four new bulkers to Bahri

    15 May 2020
    Vessels

    Hyundai Vietnam Shipbuilding (HVS), a subsidiary of Hyundai Mipo Dockyard Co. Ltd. (HMD), has delivered a new dry-bulk carrier to the national shipping carrier of Saudi Arabia Bahri. The bulk carrier, named Sara, increases the company’s fleet of dry-bulk carriers to six ships in line with its efforts to expand its marine capabilities. The ship […]

  • DNV GL: We haven’t seen any serious incidents involving scrubbers

    27 May 2020
    Equipment, Rules & Regulation, Vessels

    Exhaust gas cleaning systems, better known as scrubbers, have been under the spotlight in the shipping industry for a few years now, as owners debated the pros and cons of their installation. One of the most compelling drivers behind the installation of the technology as a means of cutting sulphur emissions was a quick return […]

  • Maersk braces for 20-25% volume decrease in Q2 amid COVID-19 uncertainties

    13 May 2020
    Business & Finance

    Copenhagen-based shipping major A.P. Moller-Maersk has emerged strongly from the first quarter of 2020, having reported an underlying profit of $197 million from continuing operations. The results are being reported despite a strong impact of the COVID-19 which started to be felt in February amid extended lockdown in China, moving into March as the outbreak […]

  • Eagle Bulk installs scrubbers on 82% of its fleet

    11 May 2020
    Business & Finance, Equipment, Rules & Regulation

    US-based shipowner Eagle Bulk Shipping has completed its scrubber installation program in early April, fitting exhaust cleaning systems on 41 ships, the equivalent of 82 percent of the company’s fleet. As such, the company expects its off-hire days to be historically low as ships continue trading without obstruction. Eagle Bulk has assigned a total of […]

  • NRF: US container ports brace for double-digit imports decline

    11 May 2020
    Business & Finance, Ports & Logistics

    Imports at major U.S. retail container ports are expected to see double-digit year-over-year declines this spring and summer as the economic effects of the coronavirus pandemic continue, according to the Global Port Tracker report released by the U.S. National Retail Federation and Hackett Associates. “Factories in China are largely back online and stores that closed […]

  • Schottel propels six new live fish carriers built by Sefine

    8 May 2020
    Equipment, Vessels

    German manufacturer of propulsion systems Schottel has secured a deal to deliver propulsion equipment for six new live fish carriers being built by Turkish shipyard Sefine. The vessels feature Salt Ship design and are being built for DESS Aquaculture Shipping AS in Grimstad, Norway. The latest one to be delivered is Aqua Skilsøy, the third […]

  • CDB Leasing splashes $417.6 million on eight bulkers

    5 May 2020
    Business & Finance

    China Development Bank Financial Leasing (CDB) has signed contracts with three compatriot shipbuilders for the purchase of eight 210,000-ton bulkers. As disclosed in a stock exchange filing, two ships from the batch would be built by Qingdao Beihai Shipbuilding Heavy Industry, while Yangzhou COSCO Shipping Heavy Industry and Shanghai Waigaoqiao Shipbuilding would build three bulkers […]