Monthly Archives: May 2022

India’s port of Gangavaram is building a new container terminal

Gangavaram Port in Andhra Pradesh, India is planning to build its first container terminal. The new terminal is scheduled to start operations next year and will drive the growth of cargo business in Andhra Pradesh and the surrounding industrial hubs. It is also expected to reduce lead time and logistics …

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Posidonia 2022: Crucial issues for the shipping community on the conference agenda

The Posidonia international marine fair, one of the most important calendar events of the marine industry, is preparing to open its doors 6th of June In the Athens Metropolitan Expo. Running through June 10, the exhibition will offer delegates and hosts a much-anticipated platform for learning, sharing and networking after …

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Global Marine Laundry Equipment Market Insights Report 2022, Trends & Opportunities to 2028|Miele Marine, METOS, Loipart, Deyuan, DanUni Marine & Offshore etc

marine washing machines market Marine Laundry Equipment Market Report Coverage: Key Growth Drivers and Challenges, Segmentation and Regional Outlook, Top Industry Trends and Opportunities, Competitive Analysis, COVID-19 Impact analysis and projected recovery as well as market size and forecast. Latest started research related to Global Marine Washing Machine Market, it …

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How to build a huge wind farm

Along the Atlantic Seaboard, off New York and New Jersey, a stretch of sea 2.5 times the size of New York City has just been leased by the US government to six energy companies. These developers have one goal: to convert the 488,000 hectares of water into offshore wind farms …

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India delivers over 2 billion humanitarian aid shipments to Sri Lanka

ANI | Updated: May 22, 2022 20:03 IS Colombo [Sri Lanka]MAY 22 (ANI): As Sri Lanka grapples with a massive economic crisis, India handed the island nation a large batch of humanitarian supplies worth over Rs. 2 billion which reached Colombo on Sunday.The High Commissioner of India in Colombo, Gopal …

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Guide to selecting lighting for offshore wind energy applications

Lighting for offshore wind energy applications Offshore wind farms present a lighting challenge as they are constantly exposed to salt, wind and water. You need to specify a quality, heavy-duty fixture to withstand these conditions. lighting for one offshore wind farm must take into account a number of important considerations. …

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Russian citizen and ship’s chief engineer pleads guilty to dumping oily waste in US waters; Retaliation against whistleblowers and cover-up

Kirill Kompaniets, a Russian citizen and chief engineer of a Marshall Islands-registered commercial bulk carrier, pleaded guilty to dumping waste in US waters and then attempting to cover up the wrongdoing. A crew member initially reported the illegal activity to the US Coast Guard via social media. Kompaniets “was charged …

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Supply Chain: Tiger Logistics Launches Pricing Platform to Automate Supply Chain

MUMBAI: The international logistics and freight service provider (India) on Thursday announced it would launch a pricing and supply chain automation platform to ensure efficiency and transparency in the highly fragmented domestic shipping industry. The full-stack platform will offer cross-border solutions for ocean and air transportation, as well as first-mile …

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Eastern Pacific tests first plug-and-play CO2 capture on tankers

Pacific Cobalt will be the first tanker equipped with the plug-and-play approach to carbon capture (Eastern Pacific) Published May 17, 2022 20:29 by The Maritime Executive Singapore-based Eastern Pacific Shipping is trying to accelerate the decarbonization of the shipping industry …

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Ørsted christens the first SOV in Asia Pacific

Ørsted held a ceremony with Taiwanese shipping company Ta San Shang Marine Co. Ltd. at Taichung Port. off to christen and christen the first-ever purpose-built Service Operation Vessel (SOV). TSS pioneerin the Asia-Pacific region. TSS pioneeris the ‘home away from home’ for Ørsted’s O&M team and crew. It …

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POLA, POLB postpone the examination of the container residence fee again to May 20th

The Port of Los Angeles (POLA) and the Port of Long Beach (POLB) announced late last week that they have again pushed back the implementation date for their container dwelling fee for their shipping line, which will now not be taken into account until May 20th. This follows previous joint …

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Increasing demand for high-tech fittings in the marine sector

UNITED STATES, ROCKVILLE, MD, May 16, 2022 (GLOBE NEWSWIRE) — The marine valves and actuators market is expected to reach a rating of uS$5.8 billion until 2032 $3.7 billion in 2022 and increased at a CAGR of 4.5% over the forecast period. Rapid globalization, increasing demand for marine valves and …

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Production Size, Share, Trends, Business Insights and Analysis Growth Forecast to 2031 – SMU Daily Mustang

Rockville, USA May 15, 2022 (Smudailymustang) – The Offshore Pipelines market report aims to provide an industry insight through detailed market segmentation. The report provides detailed information on the market overview and scope, its drivers, restraints and trends. This report aims to include qualitative and quantitative aspects of the industry …

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All-female merchant fleet sets sail

An all-female merchant officer fleet set out for the high seas Saturday aboard Mt Swarna Godavari en route to the International Day of Women in Seafarers 2022, which will be observed on May 18. Organized by the Navratna National Shipping Company, the Shipping Corporation of India Ltd (SCI), the flag-raising …

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Marine species flee to cooler waters – A third could be at risk of extinction, according to Daily Editorials

Some of the worst damage being done today by human-caused climate change is happening in environments that humans never see. A new report warns that hundreds of marine species could disappear in the future as rising water temperatures cause oxygen to be leached from Earth’s oceans. Readers can be forgiven …

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Norway is turning its back on gas and oil to become a renewable superpower

Norway has announced plans to significantly expand its offshore wind power production by 2040, aiming to turn a country that has built its wealth on oil and gas into an exporter of renewable electricity. The centre-left government, which has been criticized by environmentalists for continuing to support the oil and …

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These ships go to sea for sustainable coffee

That De Gallanta large, centuries old ship, stands at odds with the other ships bobbing up and down in Penzance harbour. She has no engine. Only swooping sails drove them and their cargo here, thousands of miles across the Atlantic – from the mountains of Colombia to this small port …

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The global weather forecast services industry is expected to reach $4.19 billion by 2030

DUBLIN, May 12, 2022 /PRNewswire/ — The “Weather Forecasting Services Market by Forecast Type and End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2021-2030” Report has been added ResearchAndMarkets.com Offer. According to this report, the global market size for weather forecasting services has been assessed $1.63 billion in 2020 and …

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Biden scraps three offshore oil lease sales and limits new drilling this year

Placeholder when loading item promotions The Interior Department confirmed Wednesday it will not go through with three proposed oil and gas lease sales in the Gulf of Mexico and off the coast of Alaska, taking millions of acres off the auction block. The decision, made as US gas prices have …

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Growing demand for cargo ship repair and conversion market to 2028 with top key players like CSIC, Hyundai Mipo Dockyard and Yiu Lian Dockyards

Repair and conversion market for cargo ships The Cargo Ship Repair and Conversion Market research provides comprehensive studies on the current market phase, covers the market size in terms of evaluation as sales volume, and offers an accurate forecast of the market scenario over the estimated period. Also focuses on …

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CA Offshore Wind Energy: Energy Commission drafts targets

California’s Energy Commission has released a draft report outlining what some are calling “aggressive” goals for offshore wind power development in the Pacific Ocean — and Morro Bay is likely to play a key role in helping the state meet its goals. The draft report, which was posted to the …

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Alarm.com’s bottom line is impacted in Q1 due to supply chain issues

Although Alarm.com’s first-quarter revenue rose 19% to $205 million, hardware and shipping costs rose dramatically, leading to a price increase for the second quarter. TYSONS, Va. – Sharp increases in component costs and higher logistics costs, including air freight and fuel prices, hurt Alarm.com’s (Nasdaq: ALRM) bottom line in its …

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Crew of 18 rescued after leaking cargo ship sank off Indonesia

Indonesian authorities have rescued 18 seafarers after their general cargo ship sank on Saturday. Antara News Agency quoted police as saying the 1,400 dwt Permata Asia (built in 1992) had developed a leak in her engine room north of Sangiang Island in West Nusa Tenggara. The ship had a cargo …

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Climeon introduces next generation WHR technology: HeatPower 300 Marine

Climeon’s latest waste heat recovery solution, HeatPower 300 Marine, was well received when it was unveiled to the industry at Seatrade Cruise Global in April. Developed by marine engineers for use in the maritime industry, the low-temperature waste heat recovery (WHR) system heralds a new era in sustainable shipping. What …

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Global EMI Webinar Series

Learn about the latest development trends and hot topics in the energy, mining and infrastructure industries. Financing the Energy Transition: Global Trends in Renewables (7 April 2022)Access the webinarRenewable energy, which includes wind, solar and other renewable energies, hit a new investment record of $366 billion in commitments in 2021 …

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CDC investigating outbreak of Covid-19 aboard Carnival cruise ship – Boston News, Weather, Sports

(CNN) — The Centers for Disease Control and Prevention is investigating a recent Covid-19 outbreak on a Carnival cruise ship that docked in Seattle after a two-week voyage. The Carnival Spirit, which sailed through the Panama Canal, left Miami on April 17 and arrived in Seattle on May 3, the …

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Startups are applying artificial intelligence to supply chain disruptions

By Nick Carey / Reuters, LONDON Over the past two years, a series of unexpected events has disrupted global supply chains. COVID-19, the war in Ukraine, Brexit and a container ship stuck in the Suez Canal have all combined to delay shipments of everything from bicycles to pet food. In …

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Ocean Freight Forwarding Market Size to Grow by $10.78 Billion | 40% of the market growth is said to come from Europe

The sea freight forwarding market includes the following areas: Market size for sea freight forwardingSea Freight Forwarding Market ForecastMarket analysis for sea freight forwarding driver and challenge That growing global cross-border e-commerce market driving LCL volume is one of the key factors driving the growth of ocean freight forwarding market. …

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Standard ETC acquires 25% interest in Dolphin Drilling

Standard ETC, an Oslo Stock Exchange-listed company formerly known as Standard Drilling, has acquired 25% of offshore drilling operator Dolphin Drilling for $10 million through a share offering. Martin NesStandard ETC Chief Executive, said: “We are delighted to announce our investment in Dolphin Drilling, a company with deep industrial roots …

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Dockers block Russian shipping

As the chattering classes tweet and write for Ukraine, a less visible auxiliary corps steps in: longshoremen. In ports in the UK, the Netherlands, Sweden, the United States and elsewhere, dockers have simply refused to handle cargo from Russian ships. And without dockers, the cargo isn’t going anywhere. It’s a …

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Sport collides with shipping in battle over proposed Oakland Ballpark

It’s finishing ninth in a clash between the shipping industry and baseball’s Oakland Athletics. With less than two years left on the lease at their run-down home stadium, the A’s face tough decisions in their year-long search for a new stadium this summer, including whether to move out of the …

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500 sailors on board 100 ships remain trapped in Ukraine

Bangladeshi seafarers are repatriated after their ship was attacked and an officer killed (Bangladesh Merchant Marine Officers’ Association) Posted on May 3, 2022 4:54 PM by The Maritime Executive More than two months after the invasion of Ukraine, the International …

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A cargo ship sailor pleads guilty to fatal stabbing while en route to the Port of Los Angeles

A sailor aboard a large cargo ship off the coast of California has pleaded guilty in federal court to fatally injuring another crew member and said he feared for his life. Michael Dequito Monegro, 43, of the Philippines, stabbed his supervisor 17 times in the face and body with a …

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Bunker supplier Delta Energy introduces carbon offsetting in ARA and UK

Carbon offsetting is increasingly being seen by the shipping industry as a way to make near-term decarbonization progress. File Image / Pixabay marine fuel supplier delta energy has introduced a carbon credit counter and can now offer customers carbon offsetting Amsterdam-Rotterdam-Antwerp hub. Delta supports the growing ESG requirements of shipowners …

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China contagion threatens to derail world’s emerging markets

A widespread sell-off in China is rippling through emerging markets, threatening to wipe out growth and drag everything from stocks to currencies and bonds lower. Fresh Covid outbreaks – and the government’s tough policy to contain them – are worrying global investors who fear lockdowns in China will resonate around …

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BUNKER JOBS: Maersk Oil Trading is looking for Business Development Manager

The role is based in Maersk’s Copenhagen offices. Photo credit: Maersk Oil Trading Maersk oil tradingthe bunker supply branch of the container shipping company AP Moller-Maerskis looking for a Business Development Manager in Copenhagen. The company is looking for candidates with at least 5 years Experience in shipping, logistics, oil …

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With 4,000 miles of open ocean ahead, the rower plans to embark on a solo voyage from Virginia Beach to France – The Virginian-Pilot

Peter Harley still has around 2.1 million rowing strokes ahead of him. That’s the equivalent of 4,000 miles on the open ocean – or about 3-4 months of paddling the Atlantic. The 61-year-old native of South Africa, who lives in Cary, North Carolina, will be boarding this week in a …

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Freight market volatility is the new/old normal

The Cass Freight Shipments Index shows broader areas of less predictability over the past six years Chart of the week: Cass Freight Shipments – United States SONAR: CFIS.USA After experiencing one of the most stable stretches in modern history from 2010 to 2015, the freight market was on a wild …

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