Coast Guard News

June 3, 2020
Over the past couple of years, the maritime industry has witnessed numerous new engine designs receiving design approvals from classification societies, including those running on LNG, methanol, and most recently ammonia. ... [Read More]
June 3, 2020
Royal Niestern Sander shipyard and a joint-venture between Mercury Sakhalin and Pola have signed an agreement for the construction of the world’s first shallow draft ice-breaking walk to work vessel. Wagenborg was an intermediary between the parties and has contributed to the project with its operational experience of sailing in shallow waters with ice-breaking vessels in the Caspian Sea and walk to work operations in the North Sea.... [Read More]
June 3, 2020
Hutchison Ports BEST container terminal in the Port of Barcelona has become the port’s first terminal to welcome a 23K+ TEU vessel. The milestone was marked with the arrival of the 23,656 TEU MSC Sixin, the second biggest vessel in the world. The ship is operated by Mediterranean Shipping Company, and deployed on an Asia-North Europe service under the 2M Alliance.... [Read More]
June 3, 2020
China will build its first liquefied natural gas bunkering center for international vessels in the city of Shenzhen as part of a deal signed on Wednesday.... [Read More]
June 3, 2020
The stricken Chinese-flagged crude oil tanker Yua Hua Hu has arrived in the Port of Durban, where it is moored, based on the latest information from the Marine Traffic. The ship was towed a week after experiencing problems while sailing through South Africa’s Wild Coast on the Indian Ocean, reportedly on its way from Singapore to Libya on the west coast of Africa.... [Read More]
June 3, 2020
Sokana, a tanker management company operating in the chemical and product segments, was relaunched on 2 June as a joint venture. The joint venture commercial management company has been created by Sokana’s founder Lars Ebbesen and Interunity Group. As informed, Sokana already has 880,000 dwt of committed tonnage under management and will be pursuing further controlled growth.... [Read More]
June 3, 2020
2 June 2020 saw the launch of Zero Emission Services B.V. (ZES), a new company that helps increase the sustainability of the inland shipping sector by leasing exchangeable battery containers — known as ZES-Packs — to businesses in inland shipping. ... [Read More]
June 3, 2020
Malaysian liquefied natural gas shipping firm MISC has appointed former minister Tan Sri Noh Omar as its new chairman.... [Read More]
June 3, 2020
French container shipping major CMA CGM is joining Maersk in committing to an industry goal of becoming carbon neutral by 2050. Speaking at the UN Global Compact on June 2, Rodolphe Saadé, the company’s CEO, announced CMA CGM’s plans of switching 10 % of its energy supply to alternative fuels by 2023 and attaining carbon neutrality by 2050.... [Read More]
June 2, 2020
With COVID-19 still a concern and climate change being a major talking point all around the world, drone operators and innovators are trying to test and push the limits of usefulness of drones in the offshore industry both here and now and in the future. Source: Sky-Futures Drones – what are tThe post Drones flying off into brighter offshore future appeared first on Offshore Energy. ... [Read More]
June 2, 2020
U.S.- based tanker company Overseas Shipholding Group (OSG) has taken delivery of the OSG 204, a 204,000 barrel capacity oil and chemical tank barge, built by Greenbrier Marine, a division of The Greenbrier Companies. The Jones Act barge has been built in compliance MARPOL Annex VI Regulation 13 Tier III standards regarding nitrogen oxide emissions within emission control areas. Under the Tier III standard, NOx emissions must be reduced by approximately 75% when compared to Tier I engines. ... [Read More]
June 2, 2020
Denmark’s Svitzer, the world’s largest tugboat operator, said Tuesday it has won a contract extension to support operations at Egypt’s Idku LNG export plant.... [Read More]
June 2, 2020
Ferry shipping company Stena Line has cut its total CO2 emissions by 1.7 %, corresponding to 24,000 tonnes of CO2 in total, the company said in its sustainability report for 2019. The report further indicates that ferry owners and operator managed to reduce its CO2 emissions per transported ton freight and passenger vehicles onboard its vessels by 3.6%.... [Read More]
June 2, 2020
The European Commission has approved a €600 million (about $671 million) Finnish guarantee scheme to support the maritime companies in the context of the coronavirus outbreak. The scheme was approved under the state aid Temporary Framework first adopted in March 2020. As explained, the scheme will be accessible to those maritime operators that are essential for maintaining the security of supply to Finland during the coronavirus outbreak.... [Read More]
June 2, 2020
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has placed an order for the first commercial unit of a new Corvus Energy high-density lithium-ion capacitor energy storage system (ESS). Branded Blue Marlin, the product uses lithium-ion capacitor (LiC) cells that sustain very high charge/discharge rates of 550 C peak and 200 C continuous, enabling both energy recapture and fast discharge for high-power load handling, Norway-based ESS supplier explained.... [Read More]
June 2, 2020
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has obtained a green syndicated loan worth ₩480 billion ($388 million) from the Korea Development Bank (KDB) and other banks. On 29 May 2020, HHI signed an agreement in Seoul with South Korea state bank KDB; its affiliate KDB Capital; Industrial and Commercial Bank of China’s (ICBC) Seoul branch and HSBC Korea. Specifically, KDB has provided a sum of ₩350 billion, while HSBC, ICBC and the KDB affiliate have awarded ₩ 130 billion to HHI, Yonhap News Agency reported.... [Read More]
June 2, 2020
China Merchants Port Group, the biggest port operator in China, has signed a strategic cooperation agreement with e-commerce giant Alibaba, and its affiliate Ant Financial Group to create a new smart port platform.... [Read More]
June 2, 2020
Shares of South Korean shipbuilders surged on Tuesday following a landmark deal for Qatari liquefied natural gas carriers.... [Read More]
June 2, 2020
The shipbreaking industry in the Indian sub-continent is starting to exhibit some signs of phased reopening following weeks of shutdowns caused by the Coronavirus. However, the reopening doesn’t mean the pandemic is over, far from it, as the subcontinent continues experiencing infection cases. What is more, India reported a spike in daily infection cases that reached 8,000 on Saturday, May 30. The total infection tally in India has passed 173,000 since the country announced its nation-wide lockdown at the end of March.... [Read More]

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