When the Venta Maersk sailed out of Vladivostok late last month, the container ship was laden with far more than just a load of seafood. With its route across Russia’s frigid Arctic coast, the vessel also carried the promise of a new route across the globe that would shave time off major trade...
https://www.hellenicshippingnews.com/shippings-new-arctic-routes-wont-thaw-cold-economic-reality/
NYK has completed a new concept for a ship’s bridge and employed it on a large containership currently being managed by the NYK Group. The new bridge concept has been given the name “Integrated information and bridge system,” and the space and nautical instruments on this new bridge have been...
The number of bunkering operations at the Mediterranean hub of Gibraltar fell to 463 in August, the lowest since March and down from 504 in July, according to data from the Gibraltar Port Authority. Tight product availability — an issue through out the summer, with limited supplies of HSFO in the...
Knutsen NYK Offshore Tankers (“KNOT”) has been awarded a contract to build two new Shuttle Tankers. The two 153,000 DWT DP2 shuttle tankers will be built by Hyundai Heavy Industries at their shipyard in South Korea and delivered in 2020. The vessels will operate in Brazil, under a long-term charter...
Scorpio Bulkers Inc. announced that the Company has entered into a financing transaction in respect of one of the Company’s Ultramax vessels with an unaffiliated third party. As part of the transaction, the Company will sell a 2016 Japanese built Ultramax dry bulk vessel, SBI Hermes, for a...
New rules forcing ships to use cleaner marine fuels may deal yet another blow to cash-strapped Petroleos de Venezuela SA, an exporter of high-sulfur fuel oil. From Jan. 1, 2020, vessels will have to switch to less-polluting bunker fuel or be fitted with equipment to curb emissions, under new...
German public-sector bank NordLB, which aims to boost its capital by about 3 billion euros ($3.5 billion) to cope with bad ship loans, is considering a stake sale to a mix of private equity investors and savings banks, sources close to the matter said. NordLB said in a statement on Wednesday that...
New “Know Your Customer, Due Diligence and Maritime Supply Chain Integrity” Best Practices Paper launched at Global Intellectual Property Crime Conference in Dubai. Representatives from major global brands and maritime companies have developed a set of best practices for the maritime industry to...
Charities operating the last search and rescue ship aiding migrants in the central Mediterranean made an appeal to France this week for help after Panama revoked the vessel’s registration. Now, migrants aboard the charity rescue ship called Aquarius 2 will be transferred to a patrol boat in...
https://www.hellenicshippingnews.com/explained-why-is-it-difficult-to-get-rescue-ships-registered/
Transocean Ltd. (NYSE:RIG) announced today that the ultra-deepwater drillship Petrobras 10000 was awarded a 790-day contract extension offshore Brazil with Petrobras. The contract is extended through October 2021 and includes a blend and extend modification to the previous contract dayrate,...