Category archives for: Shipping News

Top News of the Week April 14 – April 19, 2014

Top News of the Week April 14 – April 19, 2014

NYK Introduces Eight New Boxships NYK has reached time charter agreements for eight new containerships, to be built at the Kure shipyard of Japan Marine United Co. Ltd., each capable of carrying 14,000 TEUs. UAE: Drydocks World to Build Two Unique Jack-Up Rigs Drydocks World has signed an Agreement with Malta Oil & Gas Ltd. […]

CMA CGM Group Bolsters Its Presence in Madagascar

CMA CGM Group Bolsters Its Presence in Madagascar

Since the creation of CMA CGM Madagascar in 2003, the CMA CGM Group, the world’s third largest container shipping company, has continued to develop on the island to move closer to its customers and partners and meet economic growth forecasts in the Malagasy industrial market. The CMA CGM Group is opening two news agencies in […]

Tsuneishi to Build Four Feederships for SIPG

Tsuneishi to Build Four Feederships for SIPG

Tsuneishi Group has received orders for four 1,020 TEU container carriers from the Hong Kong-based subsidiary of Shanghai International Port (Group) Co., Ltd. (SIPG). The four ordered vessels feature latest improvements in fuel efficiency. Reductions in both fuel consumption and nitrogen compounds contained in gas emissions are achieved by applying an engine in which fuel […]

‘Oleg Strashnov’ Bound for DanTysk OWF

‘Oleg Strashnov’ Bound for DanTysk OWF

The heavy lift vessel “Oleg Strashnov” is steaming its way toward Vattenfall’s DanTysk offshore wind farm in the North Sea. The vessel is delivering the jacket structure for the Tennet Sylwin Alpha platform, the converter station of the project’s grid access, according to Vattenfall’s Holger Grubel. The “Oleg Strashnov” will be assisted by a number of  […]

EU Parliament Adopts Maritime Spatial Planning Directive

EU Parliament Adopts Maritime Spatial Planning Directive

The European Parliament endorsed on April 17th a Directive for Maritime Spatial Planning which should help the EU Member States develop plans to better coordinate the various activities that take place at sea, ensuring they are as efficient and sustainable as possible. In coastal and maritime areas, many activities compete for the same space and […]

Carrier Transicold Reaches 1 Millionth Unit Milestone

Carrier Transicold Reaches 1 Millionth Unit Milestone

Forty-six years after pioneering the first front-wall, or “picture-frame,” refrigeration unit, Carrier Transicold Pte Ltd presented its 1 millionth unit during a ceremony at its Singapore manufacturing facility. The milestone unit, a PrimeLINE unit with XtendFRESH atmosphere control system, was presented to CMA CGM, the world’s third-largest container shipping company. Carrier Transicold, which helps improve […]

Grounded Bulk Carrier Ornak to Be Moved Today

Grounded Bulk Carrier Ornak to Be Moved Today

U.S. Coast Guard is in the final stages of reviewing a salvage plan, that is scheduled to begin Friday morning, to move the 751-foot bulk carrier, Ornak, that is aground near First Landing State Park in Virginia Beach, Va. “Moving a vessel of this size off the beach is a complicated and dynamic operation, requiring […]

UPDATE: Recovered Oil Slick Sample Not Related to MH370

UPDATE: Recovered Oil Slick Sample Not Related to MH370

Preliminary analysis of the oil slick sample collected by the Australian Defence Vessel (ADV) Ocean Shield on Sunday has confirmed that it is not aircraft engine oil or hydraulic fluid, Australian Joint Agency Coordination Centre (JACC) said on Thursday. The sample arrived in Perth yesterday where it was tested and analyzed.  Additionally, Phoenix International, with […]

Dynagas in Charter Deal with Gazprom

Dynagas in Charter Deal with Gazprom

Dynagas LNG Partners LP, an owner and operator of LNG carriers, has entered into a new 13-year time-charter contract with Gazprom Marketing & Trading Singapore for the Clean Force, a fully winterized, 149,700 cbm Ice Class LNG carrier built in 2008. In addition, the company has entered into an agreement with BG Group Plc., the […]

Platts: Spot LNG Prices Cool Off ahead of Summer

Platts: Spot LNG Prices Cool Off ahead of Summer

Prices of liquefied natural gas (LNG) for May delivery to Asia fell 11.8% to an average $15.559 per million British thermal units (/MMBtu) as the market continued to cool off ahead of the summer peak demand season, according to the latest Platts Japan/Korea Marker (JKM) for month-ahead delivery. The data reflects the daily Platts JKM […]

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