NYK Holds dry bulk safety Conference

NYK held its annual Dry Bulk Safety Conference at the company’s headquarters in Tokyo recently to review safety awareness and share updated guidelines for safe cargo operations. A total of 70 participants from 50 Japanese shipowners and ship management companies attended. This conference has been held every year since 2010 to promote safety through the
Complete Reading

The world’s largest steel market is about to go into reverse. Production in China will peak in 2018 and then shrink next year as local demand drops, according to forecasts from the Australian government, which says the shift will add to headwinds for core ingredient iron ore. Mainland steel production is “forecast to peak in
Complete Reading

LR announced during a presentation at SMM – the leading international maritime trade fair held 4-7 September in Hamburg, Germany – an Approval in Principle (AiP) with Jiangnan Shipyard (Group) Co., Ltd (Jiangnan). LR and Jiangnan have agreed to jointly develop an LNG dual-fuelled Newcastlemax 210K bulk carrier design. Jiangnan prepared the concept design for
Complete Reading

Roughly 80 kilometers long, the Panama Canal connects the Atlantic and Pacific oceans. A wonder of modern engineering and design, 13,000 to 14,000 vessels pass through the canal each year. By reducing the distance ships need to travel to reach their destination, the canal helps to reduce fuel consumption and, in turn, greenhouse gas emissions.
Complete Reading

India is likely to export 7 million bales of cotton in 2018-19, down 30 per cent from an earlier estimate, as scanty rainfall and an attack of pink bollworms are likely to squeeze crop yields. Lower shipments from the world’s biggest producer of the natural fibre amid rising demand from top consumer China could support
Complete Reading

The Duclos family is iconic in boatbuilding circles, as the Somerset, Mass.-based Gladding-Hearn, Duclos Corporation, has built a strong heritage in the pilot boat and fast ferry sectors, and in total more than 425 vessels have been delivered since it was founded in 1955. Today a trio of second-generation siblings run the yard, brothers and
Complete Reading

Yang Ming Marine Transport Corp. (Yang Ming) signed a contract with CSBC CORPORATION, TAIWAN (CSBC) for the construction of a total of ten 2,800 TEU class full container vessels. The contract was signed by Yang Ming’s Chairman Bronson Hsieh and CSBC’s Chairman Cheng Wen-Lon. The new ships are due for delivery starting in the second quarter
Complete Reading

OPEC still has to show the market more crude oil barrels if it wants to avoid a supply squeeze later this year, the producer group’s own analysis shows. In its closely watched monthly oil market report, OPEC’s analysis arm forecast global demand for OPEC’s crude at 33.40 million b/d for both the third and fourth
Complete Reading

Newport Shipping has inked cooperation agreements with several marine equipment suppliers and service companies as part of the London-headquartered company’s commitment to providing shipowners with quality turnkey shiprepair and retrofit solutions across its partner shipyards. Recent agreements with hatch cover specialist Navitech, machinery specialist IngeJov, and ShipParts.com for turnkey spares supply, allows Newport Shipping to
Complete Reading

Create Account



Log In Your Account