BWTS will be installed on three Capesize bulkers in 2019 and on eight ships in 2020 during their scheduled drydocks, the company said. The installation of the systems will be evaluated on a case by case basis depending upon age of each ship and the market conditions. The estimated drydock expense and off hire days…
Ulstein Group’s dedicated ship designers share a mission of innovation; to challenge the established truth and to come up with new solutions that enhance the customers` value. Recently, Ulstein launched a series of fish trawlers with state-of-the-art ship solutions for sustainable fishing methods and processing. Ulstein Group has a long tradition of cooperating with different…
Ocean Network Express (ONE) announced the details of its Intra-AsiaJapan service network for 2019, offering improved service coverage, comprehensive port connections and competitive transit times. Of which, ONE will operate 7 of these services, and coloading 5 of the services ensured through slots. ONE will introduce a Shimizu call on the Japan Straits Malaysia (JSM)…
Logos Hope, the fourth ship the organisation has operated and the world’s largest floating book fair, is a unique vessel and concept: a platform to promote literacy and education, cross-cultural harmony and service of others. The 400 volunteers making up Logos Hope’s crew represent the world’s diversity; having come from more than 60 different nations…
The Office of the Additional Commissioner of Customs has named GAC India the Top Steamer Agent at the Krishnapatnam Port for the financial year 2018-2019. This recognises the company’s outstanding performance as a ship agent, as well as the fact that it handled the most port calls throughout the period. From April 2018 to January…
Namely, the company said that the new vessels would, upon delivery, enter into minimum 5 maximum 12-year contracts to an undisclosed oil major. According to data provided by Asiasis, the 158,000 dwt tankers were ordered from Hyundai Samho Heavy Industries in late January. The company would reportedly build the units at USD 65 million per…
The STS transfer was carried out using Excelerate’s 150,900 cbm floating storage regasification unit (FSRU) Exemplar and Equinor’s 142,759 cbm LNG carrier Arctic Voyager. A full LNG cargo was transferred using the double-banked LNG transfer system while moored at Equinor’s South Riding Point storage and transshipment terminal, strategically located for storage and transshipment of crude,…
The association proposed that the GHG study does not include unrealistically high gross domestic product (GDP) growth projections to predict future transport demand – and thereby emissions – of the shipping industry. The proposal has been made to the expert workshop preparing for the study, which is meeting in London 12-14 March. “It is imperative…
As informed, the fire was located on the stern of the 44,800 dwt St Clair moored in the Ohio port for winter season repairs. No one was aboard, and there was no cargo on the vessel at the time of the fire, according to the USCG. On Saturday, the USCG was notified of the incident…
The two vessels were sold for USD 7.2 million each, according to the company. “The sale of the vessels was approved by disinterested directors of the company and were sold at a price equal to the higher of two independent broker valuations,” Diana Shipping said. The 75,106 dwt Danae is expected to be delivered to…
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