The Baltic Exchange’s main sea freight index rose on Tuesday, as higher rates for capesize vessels offset a fall in panamax and supramax segments. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, was up 27 points, or 1.8%, at 1,518. The …
Baltic index rises as rates improve for capesize vessels Read More »
The Supreme Court recently granted an owner permission to appeal in respect of the Court of Appeal’s decision in the CMA CGM Libra case. The appeal will raise issues concerning the scope of a shipowner’s obligation under Article III rule 1(a) of the Hague and Hague-Visby Rules to exercise due diligence to make the ship …
Tokyo-based shipping consortium e5 Lab Inc. has started developing the Roboship, the standard models of electrically powered vessels to realize zero emissions, as well as an integrated system called the Roboship Box which brings together telecommunications, the Internet of Things (IoT), and software. The e5 Consortium is comprised of Asahi Tanker, Idemitsu Kosan, Exeno Yamamizu Corporation, …
e5 Lab kicks off Roboship electric vessel project Read More »
JDR, owned by the TFKable Group, has signed a contract with Boskalis to provide the termination and testing of 100 array cables and two offshore substation interconnector cables for the Moray East offshore wind farm off the coast of Scotland. This award secures further UK content for the project and comes in addition to the supply of the 200km of 66kV array cable and a range of termination accessories, which are currently being manufactured …
JDR gets Boskalis contract for Moray East array cable termination and testing Read More »
Multimodal transport operator Samskip is responding to recovering North Continent-UK unitised traffic by reintroducing direct links between Amsterdam and Hull, in a service renewal that reinforces containerised short sea options ahead of finalised Brexit trade negotiations. Starting from September 5th, the three-times weekly service will depart from the TMA Terminal Amsterdam and connect into Associated …
Samskip renews Amsterdam-Hull for UK trade requirements Read More »
MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) demonstrated slight irregular changes on Aug.24: 380 HSFO – USD/MT – 309.58 (+0.21) VLSFO – USD/MT – 361.00 (-3.00) MGO – USD/MT – 440.64 (-2.60) Meantime, world oil indexes increased on Aug. 24 …
Dynamic Positioning (DP) systems are critical for many precision-driven tasks at sea. Unlike driving a vehicle on a road, there is no sure way to bring a ship to a complete and stable stop in the water, so these systems play a crucial role in helping ships remain still when necessary as well as move …
SceneScan: A laser focus on the future of dynamic positioning Read More »
The British Ports Association (BPA) has launched a new initiative looking at the implications of autonomous shipping for UK ports, including a call for evidence from interested parties. Maritime autonomous surface ships (MASS) involve the automation of vessel and onboard processes which could alter how ports and ships interface with each other. The BPA, which represents the majority of UK port …
British ports create new network to prepare for autonomous ships Read More »
Saipem has signed a Memorandum of Understanding (MoU) with AGNES and QINT’X to develop a 450 MW offshore wind farm in Italy. The project will comprise approximately 56 turbines on fixed foundations at two different sites, respectively located more than 8 and 12 nautical miles offshore Ravenna in the Adriatic Sea. According to Saipem, innovations …
DeepGreen Metals has formalized partnerships with scientific research institutions and universities in an investment into its ongoing deep-sea discovery program to characterize the potential impacts of lifting polymetallic nodules up from the bottom of the Clarion Clipperton Zone (CCZ) of the Pacific Ocean. The program will include dozens of discrete studies of pelagic and benthic …
DeepGreen formalizes partnerships with research institutions Read More »
