Baltic Index Rises to Over Five-Year High
The Baltic Exchange's main sea freight index climbed to its highest since December 2013 on Monday, pushed by higher demand for vessels ferrying iron ore in the Atlantic.* The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose about 1%, or 21 points, to 2,191, a peak since Dec.
Pirates Rob Korean Bulk Carrier
Pirates attacked a South Korean-flagged cargo ship in the South China Sea early on Monday, stealing thousands of dollars in cash and even the sailors' shoes, South Korean authorities said.Two people s
Last Yamal LNG Arctic Ships on Sea Trials
The last of 15 Arc7-classed tankers ordered for the liquefied natural gas (LNG) production plant Yamal LNG in Russia's Arctic north are undergoing sea trials around a South Korean shipyard, Refinitiv Eikon shipping data showed on Monday.The Georgiy Ushakov and Yakov Gakkel LNG tankers are both in water at the Daewoo Shipbuilding and Marine Engineering (DSME) Okpo shipyard in South Korea and indicating they are performing sea trials, the data showed.
Offshore wind: One-stop power conversion
With the United States and China about to start their respective offshore wind build-ups, grid operators wondering about the efficiency of their turbines or the emissions-areas compliance of their wind-service vessels will be warmed to know there’s someone they can talk to. Yaskawa’s The Switch — a Japanese industrial giant’s European environmental tech business — is offering one-stop wind-energy shopping.
SGRE Bags Largest U.S. OWP Order
The Spanish wind energy giant Siemens Gamesa Renewable Energy (SGRE) has received an order for 1,714 MW from Orsted and Eversource.Encompassing three offshore wind power projects…
World First: High-Wave Floating Solar Park
A Belgian consortium has launched a project in high-wave offshore solar technology with the aim of building floating solar parks in the North Sea.Large maritime market players Tractebel…
AWT Adds Three New Vectrons
Czech freight transport operator Advanced World Transport (AWT), a member of PKP CARGO Group, which is a leading logistics operator in Europe, on 1st July 2019…
China Maintains Shipbuilding Leadership
China’s accomplished shipbuilding output in the first half of this year stood at 19.66 million deadweight tonnes, up 4.2 percent year on year.Xinhua news agency…
Meyer Group in JV with Stengel
German shipyard Meyer Werft GmbH is intensifying a strategic relationship with long-standing tube manufacturing partner Stengel.The two companies have joined forces…
Sanlorenzo Americas Names New CEO
Marco Segato has been appointed CEO of Sanlorenzo Americas, the division that has aided in the Italian superyacht-builder’s expansion in North, Central and South…
Advanced Whale Watching Vessel Delivered
Australian naval architect and engineering service firm Incat Crowther announced the delivery of Spirit of Migaloo II, a 24m Catamaran Whale Watch vessel, built by Aluminium Marine in Queensland…
Kawasaki Begins Hydrogen Project
Japanese public multinational corporation Kawasaki Heavy Industries and its subsidiary company based in Melbourne Hydrogen Engineering Australia announced commencement…
Klaipeda LNG in Full Capacity
Lithuania's liquefied natural gas (LNG) terminal Klaipėdos Nafta (KN) said that its terminal capacities are now fully booked for the rest of the Gas Year, following…
Stena Bulk Asks to Visit Crew of Seized Tanker
The British operator of the tanker seized by Tehran, Stena Bulk, made a request on Sunday, July 21st, to visit the 23 crew members of the seized tanker Stena Impero…
ICS Concern Over Strait of Hormuz Crisis
The International Chamber of Shipping (ICS) is receiving reports that a British registered vessel - Stena Impero - has been diverted from its original course in…
Bergur-Huginn Gets Finance for 6 Trawlers
Icelandic fishing company Bergur-Huginn has been issued a loan from Export Credit Norway in connection with delivery of the Vestmannaey stern trawler from Vard’s…
Canada Fines Ship on Whale Safety
Transport Canada has issued a $6,000 fine to a vessel that allegedly breached mandatory speed limits introduced by the federal government in parts of the Gulf of St.
TecnoVeritas Wins Approval for UOPV
TecnoVeritas, a marine engineering consultancy company, announced that its UOPV (Unmanned Oceanic Patrol Vessel) project was approved by the Fundo Azul, run by the…
ChartCo Names Malaika D’souza for Americas
ChartCo, the provider of navigation and compliance solutions shipping, named Malaika D’souza as its new representative for the North and South American regions.According…
JaxPort Reaches Record Numbers
Florida's Jacksonville Port Authority (JaxPort) has achieved a record number of container and auto moves during the first three quarters of fiscal year 2019.According to a press note…
