Green Marine
USCG grants 30th BWMS type approval certificate
The United States Coast Guard (USCG) Marine Safety Center (MSC) has issued its 30th ballast water management system (BWMS) type approval certificate to the US-based manufacturer Hyde Marine.
Eco Marine Power to look into installation of its zero-emission solution onto an LR2 tanker
The Japanese technology firm Eco Marine Power has launched a feasibility study into the installation of its zero-emission power and propulsion system onto an LR2 tanker. The system is known as Aquarius Marine Renewable Energy (Aquarius MRE) and it aims to enable ships to tap into renewable energy by
Maersk boxship catches fire in the Caribbean
A containership owned by Danish shipping giant Maersk suffered an engine room fire while sailing in the Caribbean on 26 April 2020.
Panama Canal tweaks payment system to help customers during the pandemic
The Panama Canal is adjusting its booking system to provide customers added flexibility and relief during the COVID-19 pandemic. Effective May 4, 2020, the waterway will implement temporary changes to the requirements for the placement of booking guarantees and advance payment of reservation fees wh
MPA Singapore unveils S$27M maritime support package
The Maritime and Port Authority of Singapore (MPA) revealed it would provide further financial support to the maritime industry in the wake of the global COVID-19 outbreak.
2020 Bulkers delays delivery of two newbuildings
Norwegian shipowner 2020 Bulkers has pushed the delivery dates for the last two of its scrubber-fitted newbuilding bulkers for the first half of June 2020. The two 208,000 dwt Newcastlemaxes are being built at New Times Shipyard in China and form part of a batch of a total of eight units built at th
ITF: COVID-19 is no excuse to cut seafarers’ wages
At a time when seafarers are keeping the world moving, COVID-19 cannot be used as an excuse to lower the wage and working conditions of seafarers, the International Transport Workers’ Federation (ITF) said.
CSSC inks deal for 12 LR2 dual-fuel tankers
Chinese shipbuilding giant China State Shipbuilding Corporation (CSSC) has won a deal for the construction of twelve dual-fuel tankers. The order was booked by Bank of Communications Financial Leasing (Bocomm Leasing) which has secured charters for the newbuilds from the energy major Shell. Shell wi
Stena Bulk’s MR tanker wraps up biofuel trial
Stena Bulk’s MR tanker Stena immortal has concluded the biofuel trial launched in March in cooperation with the Dutch biofuel supplier GoodFuels. During the ten-day trial, the bio fuel oil (BFO) was tested in the ship’s tanks, storage and it was burned in the engines. The fuel is the MR1-100 bio-fue
Vale to phase out 25 converted VLOCs
Brazilian miner Vale has decided to phase out the 25 very large ore carriers that were converted from very large crude carriers following numerous technical flaws on the ships. The ships would be phased out through early termination or amendments of contracts, Vale said in its quarterly report. Stru
Hapag-Lloyd puts ordering of mega boxships on the back burner
German liner giant Hapag-Lloyd is postponing the decision on the ordering of new ultra-large containerships until further notice due to the ongoing market uncertainty caused by the coronavirus pandemic. The container shipping major revealed its intention to order new ships back in January this year,
UNCTAD unveils ten-point action plan to save international trade
The United Nations Conference on Trade and Development (UNCTAD) has introduced a ten-point action plan to help industries involved in the movement of goods keep free-flowing trade afloat during the COVID-19 crisis and its aftermath.
Korean shipbuilding majors reveal Q1 figures as ordering plummets amid Coronavirus woes
South Korea’s two shipbuilding heavyweights, Korea Shipbuilding & Offshore Engineering Co and Samsung Heavy Industries have released their business performance figures for the first quarter of 2020. Korea Shipbuilding & Offshore Engineering Co posted a net profit of ₩ 1.64.9 billion ($ 135.3 million
IMO, WCO, UNECE and ISO partner up to support maritime digitalisation
A new partnership between IMO, WCO, UNECE and ISO has been signed to support the increased maritime digitalisation.