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ESL Shipping Welcomes LNG-Fueled Bulker into Its Fleet

ESL Shipping Welcomes LNG-Fueled Bulker into Its Fleet

Finnish dry bulk shipping company ESL Shipping has taken delivery of LNG-fueled bulk carrier named Haaga. Thanks to the innovative technologies incorporated in the vessel’s design, the 160-meter, 25,600 …
Aug 21, 2018 /  Vessels
Noatum invests €26.5 million to expand its terminal in Valencia port

Noatum invests €26.5 million to expand its terminal in Valencia port

The recently-announced extension of Noatum Ports’ concession licence for its Valencia container terminal to 2041 will be accompanied by an investment of €26.5 million in the facility by Noatum owner, …
Aug 21, 2018 /  Finance
Spotted: HMM’s New Scrubber-Fitted Boxship Visits DP World Santos

Spotted: HMM’s New Scrubber-Fitted Boxship Visits DP World Santos

HMM Promise, an 11,000 TEU containership completed in June, berthed at DP World Santos on August 17 on its maiden voyage to the Port of Santos in Brazil. DP World Santos is the country’s largest private multimodal …
Aug 21, 2018 /  Curious
First North America-Built LNG Bunker Barge Delivered

First North America-Built LNG Bunker Barge Delivered

US shipbuilder Conrad Industries has delivered the Clean Jacksonville, the first LNG bunker barge built in North America. The Clean Jacksonville, which was constructed at Conrad Orange Shipyard in Texas, …
Aug 21, 2018 /  Vessels
Drewry: Turkey Lira Crisis May Affect Asia-Med Growth

Drewry: Turkey Lira Crisis May Affect Asia-Med Growth

Rising Asia to Mediterranean freight rates might not last long as economic crisis engulfs Turkey, Europe’s fifth largest importer of goods from Asia, according to Drewry’s latest weekly insight. As …
Aug 21, 2018 /  Finance
Maersk Line Starts Digital Rate Distribution

Maersk Line Starts Digital Rate Distribution

Danish container shipping giant Maersk Line has gone live with digital, fully-automated distribution of its contract rates and amendments, CargoSphere said. The shipping company is now digitally distributing its …
Aug 21, 2018 /  Finance
Rolls-Royce Launches New Vessel Energy Storage System

Rolls-Royce Launches New Vessel Energy Storage System

Rolls-Royce has launched a new lithium-ion-based energy storage system for vessels. Rolls-Royce said that the energy storage system (ESS) was a major “green investment” for a shipowner. The company has …
Aug 21, 2018 /  Vessels
Morandi Bridge Collapse Hit a Main Artery of one of Italy’s Largest Ports – Genoa

Morandi Bridge Collapse Hit a Main Artery of one of Italy’s Largest Ports – Genoa

The collapse of the Morandi Bridge has hit a main artery to one of Italy’s largest ports - Genoa port. The President of Autorita’ di Sistema Portuale del Mar Ligure Occidentale (AdSP – Western Ligurian …
Aug 20, 2018 /  Accidents
Port Klang Authority Hikes Container Tariffs

Port Klang Authority Hikes Container Tariffs

Port Klang Authority (PKA) announced that the 2nd phase of the increase in Port Klang’s container tariff which was due to be implemented on 1st September 2018, will be deferred to 1st March 2019. The tariff review …
Aug 20, 2018 /  Finance
Kongsberg Maritime wins contracts for nine hybrid Ro-Ro vessels

Kongsberg Maritime wins contracts for nine hybrid Ro-Ro vessels

Kongsberg Maritime has been awarded significant contracts with Nanjing Jinling Shipyard Co., China to deliver power and hybrid systems to nine (9) Roll on – Roll off (Ro-Ro) vessels ordered by Grimaldi Group, …
Aug 20, 2018 /  Vessels