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MOL, Partners Join Forces to Develop Fully Electric Vessels
Japan s Mitsui O.S.K. Lines has teamed up with compatriots, Asahi Tanker, Exeno Yamamizu Corporation and Mitsubishi Corporation, to provide new infrastructure services in the marine shipping industry that focus on electrically powered vessels.
Under the strategic partnership the parties established a new company, e5 Lab, that will work to develop and promote the greater use of these relatively clean modes of marine transport.Posted On:7-Aug-2019
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Port of Venice Wants to Develop Sustainable Cruising with European Ports
The Port of Venice has called on European ports to develop a new form of sustainable cruising and steer the future cruise market on the continent.
Pino Musolino, President of the North Adriatic Sea Port Authority, recently sent a letter to ports in Malaga, Barcelona, Marseille, Zeebrugge, Dubrovnik, Hamburg, Amsterdam and the Balearic Islands to gather together in order to discuss the economic and environmental impact of the cruise industry in Europe.
In addition, representatives the European ports have been invited to come to Venice to draw up guidelines for a new sustainable approach to maritime tourism.
"I have written to all European cities that have a similar experience of cruise ship tourism as Venice and who have to balance economic development with environmental sustainability, boosting employment levels while establishing a healthy relationship with the area," Musolino said.
Although the cruise sector is an important source of income for these historic cities, the ever-increasing size of cruise vessels and their environmental impact are creating "a situation of conflict" that could become unmanageable in the very near future.
Musolino also referred to the recent incidents in Venice, saying that they demonstrated that the risk to make "real and unrecoverable damage" is always present and cannot be avoided completely.
Two months ago, MSC Opera, a cruise ship operated by MSC Cruises, crashed into a dock in Venice, hitting a tourist boat. The incident occurred at San Basilio Pier in the Giudecca Canal on June 2. Following the incident, conservationists and environmentalists called on the Italian government to ban cruise vessels in this historic city.
According to Musolino, the industry model that has existed in the past two decades is not sustainable anymore. There is a risk that local or national authorities would limit or shut down ports and their activities in the future.
"I believe that it would be useful to combine our strengths and ideas to establish guidelines for the European cruise industry of the future, and also to convey to shipyards the need to build ships that are compatible with our infrastructure and the environment, finally creating European class cruises ," he added.
"We plan to organise a seminar-meeting in Venice shortly to discuss possible organisational, technological and operational solutions in an open and frank manner in order to preserve such an important industry for our economies, and at the same time to protect the fragility of our historic cities and their natural environment."Posted On:7-Aug-2019
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Stena Bulk Still Waiting for Approval to Access Stena Impero
The owner of the seized tanker Stena Impero, Stena Bulk, said that the continued detainment of the vessel and its crew by the Iranian authorities "remains unacceptable and unjustifiable."
"We are maintaining limited communication with the crew onboard and although they remain in good health considering the circumstances, we continue to be concerned about their welfare given the amount of time they have been in confinement," Erik Hanell, President and CEO, Stena Bulk said.
Stena Bulk and Northern Marine Management informed that they continue to work with all appropriate authorities, including UK and other national governments, to secure the release of the crew.
This has included face to face meetings with senior government representation.
"We are confident this matter is being given the high priority level it warrants, and we will do everything possible to ensure the Stena Impero remains at the forefront of their agendas," Hanell added.
"On behalf of Latvian authorities, a Finnish consulate visit to the Latvian crewmember onboard the vessel took place on Saturday 3rd August. The Finnish representative advised that the crew were in good health, however the duration of their confinement remains of considerable concern to the crew."
Stena Bulk and Northern Marine Management have yet to receive an official answer from the Iranian authorities regarding their request to attend the vessel.
The 46,575 cbm Stena Impero was seized by Iranian forces in what is perceived as a retaliatory measure after the UK detained a 300,000 dwt Iranian tanker on suspicion it was carrying a shipment of crude oil to Syria.
Following the Stena Impero seizure, the UK urged British-flagged ships to avoid the Strait of Hormuz.Posted On:7-Aug-2019
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MOL, COSCO Shipping Ink MOU on LNG, Ethane Carrier Cooperation
Japanese shipping company Mitsui O.S.K. Lines (MOL) and COSCO Shipping Energy Transportation (CSET), part of China COSCO Shipping Corporation Limited, have decided to further develop their cooperation.
Reviewing their previous joint work, the duo signed on August 6, 2019, a memorandum of understanding (MOU) covering the upcoming LNG and ethane carrier projects.
Over more than 10 years, MOL and CSET have established an extensive partnership. The duo is jointly participating in a number of ongoing projects, such as the ExxonMobil DES Project, Australia Pacific LNG Project and Yamal LNG Project.
At the same time, the two companies are aiming to advance and deepen their partnership. MOL and CSET, as a mutual strategic partner to each other, said they would continue to contribute to the development of LNG and ethane transportation industry.
Separately, MOL has also teamed up with Asahi Tanker, Exeno Yamamizu Corporation and Mitsubishi Corporation to provide new infrastructure services in the marine shipping industry that would focus on electrically powered vessels. The parties plan to build the world s first zero-emission tanker by mid-2021.Posted On:7-Aug-2019
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SAAM Continues to Benefit from New Operating Model
Despite challenging market conditions, Chilean multinational company SAAM reported a profitable first half of the year.
For the six months ended June 30, 2019, the company posted net income of USD 31 million, a 55% rise over the same period last year.Posted On:7-Aug-2019
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MacGregor Secures Contract for COSCO Fleet
MacGregor, part of Cargotec, and China s shipowning group COSCO Shipping have decided to strengthen cooperation as they signed a framework purchasing agreement.
Under the deal, MacGregor would provide spare parts and service of equipment installed on COSCO s fleet of more than 1,000 ships operating worldwide.Posted On:7-Aug-2019
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KSS Line Orders Two VLGCs from Hyundai Heavy
South Korean shipping company KSS Line has placed an order for two very large gas carriers (VLGCs) with compatriot shipbuilder, Hyundai Heavy Industries.
The new vessels were ordered for a five-year charter contract signed with Dubai-based BGN International DMCC, KSS Line said in its stock exchange filings.Posted On:7-Aug-2019
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Titanic-Builder Harland and Wolff Files for Insolvency
Irish shipbuilder Harland and Wolff is filing for insolvency at the High Court in Belfast, after its bankrupt Norwegian owner Dolphin Drilling failed to find a buyer for the shipyard.
The company informed that the insolvency request would be completed on August 6, adding that accountancy firm BDO had been appointed as administrators.Posted On:7-Aug-2019
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18% increase in arrival of vessels at Qatar ports
The ports in Qatar have registered a significant growth in July 2019 regarding number of vessels calling at Hamad Port, Doha Port and Ruwais Port when compared to June this year.
The three ports also handled more cargo in July this year when compared to June 2019 on month-on-month basis.Posted On:7-Aug-2019
Credits: www.bunkerportsnews.com |
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Lamu Port completes building its first berth
The first berth of the Lamu port is complete, the South Sudan and Ethiopia Transport (Lapsset) Corridor Development Authority says.
"The first berth of the Lamu port is 100 percent complete," the authority stated on its Facebook page.
It said berth 2 and 3 will be completed by December 2020.Posted On:7-Aug-2019
Credits: www.bunkerportsnews.com |
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KIZAD cuts fees for over 75% of its services to further attract investors
Khalifa Industrial Zone Abu Dhabi (KIZAD), an Abu Dhabi Ports subsidiary, has waived the charges for over 75% of its services, in line with the Abu Dhabi Government directive to encourage further investment into the emirate.
In an ongoing commitment to the growth and success of operations at KIZAD, three quarters of services will be offered free of charge, while fees for a significant number of the remaining services will also be reduced and streamlined to a simpler tariff structure.Posted On:7-Aug-2019
Credits: www.bunkerportsnews.com |
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British Ports Association and Port of Rotterdam launch smart ports paper
The British Ports Association is today launching a new joint smart ports paper with the Port of Rotterdam examining port digitalisation.
The paper is part of the BPA Port Futures programme. Port Futures is a thought leadership programme where the BPA teams up with industry partners, innovators and experts on exciting topics.Posted On:7-Aug-2019
Credits: www.bunkerportsnews.com |
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