Maritime Economy
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2018 May 18
Hamina LNG Terminal
Financial closing gives Wärtsilä the go-ahead for building the new Hamina LNG terminal
The LNG terminal to be built at the Finnish Port of Hamina by the technology group Wärtsilä under a turnkey contract has reached financial close and received the necessary building permits.
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2018 May 17
d'Amico
d’Amico CEO: Scrubbers Don’t Make Sense for Smaller Ships
In less than two years, all ships trading outside of sulphur Emission Control Areas (ECAs) will be required to use fuel with a sulphur content of up to 0.5 pct, a considerable reduction from the currently permitted maximum of 3.5 pct.
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2018 May 16
Bulk carrier
Intercargo: Bulker Casualties Claimed 202 Seafarer Lives in Last 10 Years
A total of fifty-three bulk carriers over 10,000 dwt have been identified as total losses over the past ten years, according to the latest edition of International Association of Dry Cargo Shipowners’ (Intercargo) Bulk Carrier Casualty Report.
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2018 May 15
Haifa port
Israeli Port Strike Ends, For Now
Stevedores at the ports of Ashdod and Haifa returned to work after a court ordered them to end a four-day strike. However, shipping interests report that operations remain slow, and the local union leaders have threatened to resume their walkout.
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2018 May 11
Navios Maritime
Navios Partners Takes Delivery of Panamax Bulker
Greek owner and operator of container and dry bulk vessels Navios Maritime Partners has expanded its fleet with a 2005-built Panamax vessel.
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2018 May 10
Bahri
Bahri celebrates another key milestone with the delivery of its 46th VLCC, ‘Amad’
Celebrating the addition of its 46th Very Large Crude-oil Carrier (VLCC), Bahri, a global leader in logistics and transportation, today welcomed ‘Amad,’ from South Korea-based Hyundai Samho Heavy Industries (HSHI), the world’s largest shipbuilding company, bringing the total number of VLCCs in Bahri’s fleet to 46 and vessels to 93.
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2018 May 09
TOTE Maritime
TOTE Pushes Back LNG Conversions
This week, Washington-based shipping company TOTE Maritime announced that it has pushed back the conversion of its two Orca-class ships to LNG propulsion.
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2018 May 07
Panama Canal
Central America, the Caribbean Strong Drivers of Panama Canal’s LNG Trade
Central America and the Caribbean are taking an ever-growing role in the Panama Canal’s trade of liquefied natural gas (LNG) amid increasing interest in the environmentally friendly and cost-efficient cargo to meet their energy needs.
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2018 May 04
Top Ships
BP Shipping Keeps M/T Eco Fleet Busy for 6 More Months
BP Shipping Limited will keep M/T Eco Fleet tanker employed for six more months, Nasdaq-listed TOP Ships, owner of the vessel, said.
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2018 May 03
Milaha
Milaha launches Qatar-Iraq direct container feeder service
Milaha has announced the launch of a direct container feeder service between Qatar and Iraq, with the first vessel set to depart from Hamad Port on May 7 and reach Umm Qasr Port in Iraq on May 9.
