World’s First Polar Tanker Built For Condensate Transportation
Condensate arising from the Yamal LNG project will be shipped to export markets by a new build.
The Yamal LNG project partners entered a long-term charter agreement on the ship with Greek owner...
Electrical Fault Grounded a Tanker with Tonnes of Alkylate off Morrisburg
Damaged electrical components in the steering system caused a tanker loaded with tonnes of alkylate to run aground on the St. Lawrence Seaway.
What happened?
In May 2018, the tanker 'Chem Norm' ran aground on the St....
[Watch] Bolivian River Port Provides New Route To Sea
Bolivia granted an international classification to Central Aguirre, Gravetal and Jennefer, on 30 October. These three river ports are on the Paraguay-Paraná waterway that connects Bolivia with Argentina, Brazil, Paraguay, Uruguay and the Atlantic...
[Watch] How are Ships Launched into Water?
Ships are undoubtedly the heaviest vehicle that human beings use today. It takes about two years to build a big ship. The biggest challenge that await shipbuilders is how to launch them into water.
Ships...
IMO 2020 – Will You Be Ready?
In 2020, change is coming to the industry with new global sulphur limits for bunker fuel as a result of the IMO’s MARPOL Annex VI regulation.
Uncertainty comes to an end
The regulation will see new,...
$270 Million Lease for 3 Vessels Under Time Charter to Maersk
In a recent development, Ship Finance International Limited announced that it has entered into lease financing agreements totaling $270 million with an Asian-based institution to finance three 10,600 TEU container vessels acquired in 2018, says...
Toyota Hits the Water by Investing in Robo-Ships
Toyota will participate in a $10 million Series A investment in Sea Machines Robotics.
Modern technology could reduce the cost of human labor and accidents caused by human error.
Sea Machines aims to...
Ports Embracing to Face More Cascading Loops
Drewry has announced that Ports will have to deal with more cascading loops with implications including a need for more berth space.
Vessel Cascading Scenario
Speaking during Drewry’s container ports briefing ‘What container vessel cascading is...
Tanker Report – Week 50
VLCC
Middle East Gulf rates shed 11 points to WS 85/86 for 270,000mt to China, with South Korea fixed at WS 84. Going west, 280,000mt to the US Gulf went at WS 38, but is...
[Answer] It’s an Active Fin Stabilizer
The answer to yesterday's question is Active-fin Stabilizers. The rolling device in picture enhances the safety and efficiency of vessels in the rough sea.
How does it do that?
The reduction of rolling provides better fuel/speed...