Category archives for: Americas

Global Tanker Fleet Shying Away from ECDIS

Global Tanker Fleet Shying Away from ECDIS

The majority of ships in the global tanker fleet have yet to adopt ECDIS, according to data published for the first time by the United Kingdom Hydrographic Office (UKHO). The SOLAS regulations on the mandatory carriage of ECDIS will come into force from July 1, 2015 for all tankers over 3,000 gross metric tonnes, apart […]

Tubbataha Damage Compensation Talks Still in Progress

Tubbataha Damage Compensation Talks Still in Progress

Talks are still underway between the US and the Philippines on compensation for damages inflicted by grounding of the USS Guardian, the Phillippine Department of Foreign Affairs said Tuesday. The US Navy minesweeper USS Guardian (MCM 5) ran aground on Tubbataha Reef Jan. 17, while transiting the Sulu Sea. Damages caused by the grounding are estimated […]

Port of New Orleans Ebola Scare False Alarm

Port of New Orleans Ebola Scare False Alarm

Three crew members from Liberia-flagged cargo vessel Marine Phoenix were transferred to a hospital by US health officials and coast guard after the ship docked in Belle Chasse, Port of New Orleans on Wednesday, September 17th. The ill crewmembers were feared to had been infected by Ebola since the vessel’s itinerary included calls to West Africa, hit by an outbreak of the Ebola […]

South Carolina Ports Exceeding Projections

South Carolina Ports Exceeding Projections

South Carolina Ports Authority has kicked off the new fiscal year with a 13 percent rise in container volumes handled in the first two months of the fiscal calendar. The SCPA handled 163,970 twenty-foot equivalent units (TEUs) in August, an increase from 144,649 TEUs moved during the same month last year and 153,916 handled in July, […]

BW Orders LNG Carriers

BW Orders LNG Carriers

BW Group, a global maritime company involved in oil and gas transportation, floating gas infrastructure, environmental technologies and deepwater production, has signed shipbuilding contracts with Daewoo Shipbuilding and Marine Engineering Co. Ltd. (DSME) for two Liquefied Natural Gas (LNG) carriers plus options for additional vessels on September 17, 2014. The two firm 173,400 m3 newbuildings will be delivered […]

Infograph: Tanker Sizes 101

Infograph: Tanker Sizes 101

The global crude oil and refined product tanker fleet uses a classification system to standardize contract terms, establish shipping costs, and determine the ability of ships to travel into ports or through certain straits and channels, T. Mason Hamilton of U.S. Energy Information Association explains. This system, known as the Average Freight Rate Assessment (AFRA) […]

Arctic Ice Dwindling, Antarctica Levels Reach 30-Year Highs

Arctic Ice Dwindling, Antarctica Levels Reach 30-Year Highs

The area of sea ice in the Arctic fell to a summer minimum of around 5.0 million square kilometres this year, which is about 1.6 million square kilometres more than the record low in 2012. However, according to sea ice physicist Marcel Nicolaus from the Alfred Wegener Institute (AWI) and Lars Kaleschke from the Hamburg […]

DP World, HPH Jointly Tackle Global Warming

DP World, HPH Jointly Tackle Global Warming

An estimated 11.2 billion tonnes of solid waste is collected worldwide every year and its degeneration contributes to about five per cent of global greenhouse gas (GHG) emissions. DP World and Hutchison Port Holdings Limited (HPH) have joined forces to combat global warming in a Waste Reduction Campaign that will multiply the effect of their individual […]

Knightsbridge Fleet Merger Half-Way There

Knightsbridge Fleet Merger Half-Way There

Knightsbridge Tankers Limited has completed the first stage of its previously announced shares for vessels transaction with Frontline 2012 Ltd. Knightsbridge has issued 31 million shares in exchange for 11 Cape size bulk carrier newbuildings, and two Newcastlemax newbuildings. Back in April 2014, Knightsbridge Tankers and Frontline 2012 agreed to combine Frontline 2012′s remaining fleet of 25 vessels […]

Port Owners and Operators Overwhelmingly Optimistic

Port Owners and Operators Overwhelmingly Optimistic

The latest Barometer Report from Trelleborg, which discusses the issues impacting ports and terminals around the globe, has revealed the most optimistic outlook on investment since the annual industry survey began in 2010. 93% of port owners and operators are expecting capital expenditure budgets to increase over the next twelve months and 88% are expecting operational […]

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