Maritime News from gCaptain.com

Long Drought Puts Pressure on Dutch Inland Shipping Sector

News from gCaptain - Tue, 07/24/2018 - 08:53
By Bart H. Meijer AMSTERDAM, July 24 (Reuters) – The longest drought in decades is drying out rivers in the usually wet Netherlands, hitting cargo traffic and threatening a shortage of bulk supplies ranging from hops for beer brewers to cement for the construction sector. The summer of 2018 looks set to overtake 1976 as […]
Categories: Maritime News

Team AkzoNobel completes Volvo Ocean Race with Damen Workshop Containers

News from gCaptain - Tue, 07/24/2018 - 06:54
Press Release – Damen Shipyard – Recently, team AkzoNobel completed its first Volvo Ocean Race, concluding the final leg in second place and finishing fourth overall. The team finished on the podium on six of the eleven legs. During the race, the team was supported by two Damen Workshop Containers. The two containers leapfrogged each […]
Categories: Maritime News

Interview: Jeffrey Owen, Founder and CEO of Lightning Technologies, on How Smart Pallets Are Disrupting the Logistics Supply Chain

News from gCaptain - Tue, 07/24/2018 - 06:42
Interview by Paul González-Morgan (Marine Strategy) – Jeffrey Owen is Founder, President and Chief Executive Officer of Lightning Technologies LLC, the company that has revolutionised the pallet industry. Smart TV’s, smartphones, self-driving cars, …why not a “smart pallet”? Millions of pallets are used each year to transport goods across the supply chain, with an ever-growing […]
Categories: Maritime News

U.S. Refiners Have Edge Ahead of 2020 Low Sulphur Fuel Rules

News from gCaptain - Mon, 07/23/2018 - 16:15
By Chibuike Oguh (Bloomberg) — Exxon Mobil Corp., Marathon Petroleum Corp., and Valero Energy Corp. are among the refiners that may stand to gain the most from tougher impending rules for the world’s shipping fleet. That’s because America’s refining system has the biggest capacity to turn crude oil into low-sulfur fuels, according to Jefferies Financial […]
Categories: Maritime News

Port of Savannah Handled a Record 4.2 Million TEU in FY 2018

News from gCaptain - Mon, 07/23/2018 - 15:27
The Port of Savannah handled record 4.2 million twent-foot equivalent containers (TEU) in its 2018 fiscal year for an impressive 8.4% increase year-over-year, Georgia Port Authority reported Monday. The figure marks a new record the port and the first time in its history that it has handled more than 4 million TEU in a single […]
Categories: Maritime News

Salvage Plan Approved for Cargo Ship Aground on Pentland Skerries

News from gCaptain - Mon, 07/23/2018 - 13:48
Officials in the U.K. have approved the salvage plan for the cargo ship M/V Priscilla which remains hard aground on the Pentland Skerries off the coast of Scotland. The 89-meter Netherlands registered cargo ship ran aground in the Pentland Firth off Scotland last Wednesday, 18 July 2018, and initial to refloat the vessel were unsuccessful. The vessel […]
Categories: Maritime News

Crowley Takes Delivery of First LNG-Powered ConRo for Jones Act Puerto Rico Trade

News from gCaptain - Mon, 07/23/2018 - 12:49
Crowley Maritime Corp. has taken delivery of its first of two combination container/roll on-roll off (ConRo) ships powered by LNG from shipbuilder VT Halter Marine Inc. The ConRo, named El Coquí, is the lead ship in Crowley’s Commitment Class, which will enter the Jones Act service between Jacksonville, Fla., and San Juan, Puerto Rico. Operated […]
Categories: Maritime News

Coast Guard Salvages Missouri Duck Boat After Deadly Sinking

News from gCaptain - Mon, 07/23/2018 - 12:38
July 23 (Reuters) – The U.S. Coast Guard used a floating crane on Monday to raise the “duck boat” that sank beneath storm-whipped waves in a Missouri lake last week, drowning 17 people in one of the deadliest tourist accidents in the United States in years. Workers in hard hats spent an hour or so […]
Categories: Maritime News

AIS Animation Shows Suez Canal Mayhem After Ship Grounds

News from gCaptain - Mon, 07/23/2018 - 10:36
On 15 July 2018, container ship Aeneas ran aground in the Suez Canal during a southbound transit. As a result of the grounding, the Panamax Alexander, Sakizaya Kalon and Osios David also ran into each other in convoy heading southbound through the canal. The Aeneas was the 20th ship out of 27 in the convoy. […]
Categories: Maritime News

Amid Trade War, Rare Hedge Fund Bet Targets the World’s Biggest Shipping Firm

News from gCaptain - Mon, 07/23/2018 - 10:16
By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S is in an unusual place this year as the world’s biggest shipping company finds itself the target of an attack by hedge funds. For years, there’s been no speculation against Maersk to speak of. In September, short positions represented just 0.8 percent of the Danish company’s stock. But with […]
Categories: Maritime News

Bouchard Barge Hearing: Former Bouchard VP “Shocked” at Condition of Barge 255

News from gCaptain - Mon, 07/23/2018 - 10:12
Editor’s Note: This article is part of a series focussing on the U.S. Coast Guard’s public hearing on the explosion and fire aboard the Bouchard No. 255 tank barge that claimed the lives of two people off the coast of Port Aransas, Texas on October 20, 2017. A live stream of the hearing can be found […]
Categories: Maritime News

Yamal LNG Means More Work for Europe’s LNG Ports

News from gCaptain - Mon, 07/23/2018 - 10:03
By Anna Shiryaevskaya and Elena Mazneva (Bloomberg) — On a hot sunny day in July, Europe’s largest port is busy loading super-chilled liquefied natural gas onto a tanker, creating snow flurries during a heat wave. The cargo loaded at the Gate terminal in Rotterdam, which was built to import the fuel. Around the same time, a vessel […]
Categories: Maritime News

Trump’s War of Words With Iran Shines Spotlight on Vital Oil Route

News from gCaptain - Mon, 07/23/2018 - 08:27
By Anthony DiPaola (Bloomberg) — The war of words between U.S. President Donald Trump and his counterpart in Iran over oil exports and sanctions is shining a spotlight on the narrow, twisting conduit for about 30 percent of the world’s seaborne-traded crude. The Middle East’s biggest oil exporters rely on the Strait of Hormuz, the […]
Categories: Maritime News

Spectacular Increase in Demand Defines Commuter Ferry Service

News from gCaptain - Mon, 07/23/2018 - 06:02
Press Release – Incat Crowther is pleased to announce the launch and delivery of Ocean Queen Rockstar, the first in a larger class of vessel for NYC Ferry operated by Hornblower. Built by Metal Shark Boats, Ocean Queen Rockstar is a 29m, 350 passenger vessel that will be used for the operations’ New York City […]
Categories: Maritime News

Damen Shipyards Group assumes operational control at Mangalia shipyard

News from gCaptain - Mon, 07/23/2018 - 05:58
Press Release – Damen Shipyards – To signify its first day of operations at Damen Shipyards Mangalia in Romania, Damen held a modest ceremony at the yard on Monday, July 23rd. The celebrations mark Damen’s successful completion of the transaction with Daewoo Shipbuilding & Marine Engineering (DSME) for the Mangalia shipyard, formerly known as Daewoo Mangalia […]
Categories: Maritime News

Bouchard Oil Barge Explosion Hearing: Conflicting Testimony and Disputed Phone Calls

News from gCaptain - Fri, 07/20/2018 - 08:56
Editor’s Note: This article is part of a series focussing on the U.S. Coast Guard’s public hearing on the explosion and fire aboard the Bouchard No. 255 tank barge that claimed the lives of two people off the coast of Port Aransas, Texas on October 20, 2017. A live stream of the hearing can be found […]
Categories: Maritime News

Death Toll from Duck Boat Accident Rises to Seventeen

News from gCaptain - Fri, 07/20/2018 - 07:23
By Brendan O’Brien and Andrew Hay – July 20 (Reuters) – Divers on Friday recovered the last of the bodies from the wreckage of a “duck boat” that sank on Thursday during a storm on a Missouri lake, counting among the 17 who died nine members of a single family. The World War Two-style amphibious vehicle […]
Categories: Maritime News

Sembcorp Marine Swings to Q2 Loss, Says Outlook Gloomy

News from gCaptain - Fri, 07/20/2018 - 06:26
  SINGAPORE, July 20 (Reuters) – Singaporean rig builder Sembcorp Marine Ltd swung into the red in the second quarter, and cautioned a trend of negative operating profit would continue in the near term as overall business volume remains low. It turned in a loss of S$55.6 million ($40.68 million) for the three months ended […]
Categories: Maritime News

Second MBTA Ferry Demonstrates INCAT CROWTHER’S Mass Transit Credentials

News from gCaptain - Fri, 07/20/2018 - 06:01
Press Release – Incat Crowther – is pleased to announce the delivery of Glory, the second 27m Catamaran Ferry built by Gladding Hearn for MBTA of Boston, Massachusetts, following on from sister ship Champion. When Champion was launched late last year, she was the 500th Incat Crowther-designed vessel to enter service. Following an enormously productive […]
Categories: Maritime News

Offshore Heavy Transport to Enter Wind Market with Innovative Heavy Lift Installation Vessel

News from gCaptain - Thu, 07/19/2018 - 16:26
Norway-based Offshore Heavy Transport is set to enter the offshore renewables market with a state-of-the-art heavy lift transport and installation vessel that combines semi-submersible capability with high-capacity crane operations. The ULSTEIN Alfa Lift design is developed by Dutch design company Ulstein Design & Solutions BV (UDSBV) in close cooperation with OHT. The patent-pending design combines […]
Categories: Maritime News
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