New LNG Carrier Delivered to Sovcomflot
Russian shipping company PAO Sovcomflot (SCF Group) on Friday took delivery of SCF Timmerman, a new 174,000-cubic-meter-capacity liquefied natural gas (LNG) carrier. The ship embarked on its maiden commercial voyage the same day, and is operated under a long-term time charter agreement with Shell…
Coles Resigns as CEO of Wallem Group
The board of Wallem Group announced that chief executive Frank Coles has resigned and will be leaving the company shortly.As many will be aware, Coles has been very active in highlighting the plight of seafarers during the COVID-19 pandemic, and he now wishes to become more involved in promoting the
Video: Costa Toscana Floated Out at Meyer Turku
The liquefied natural gas (LNG)-powered, 185,000 GT cruise ship Costa Toscana was floated out to the outfitting pier at Meyer Turku shipyard on Friday. Due to harsh weather conditions, the filling of the dry dock started on Thursday.“As this is also the start of the final stage of shipbuilding…
Cass Freight Index ends 2020 with solid growth
The report’s December shipments reading—at 1.122—saw a 6.7% annual increase, and December freight expenditures—at 3.077—saw a 13% annual increase, turning in its highest reading on record.
Shipbuiding: New LNG Carrier delivered to Sovcomflot
On 15 January 2021, PAO Sovcomflot (SCF Group) took delivery of SCF Timmerman, a new 174,000-cbm LNG carrier. The ship embarked upon its maiden commercial voyage the same day, and is operated under a long-term time charter agreement with Shell…
Fuel, Propulsion, Emissions & the Decision to Scrap or Refit
When the maritime history books are written, 2020 will be viewed as a year of pivots, re-invention and new paradigms. By February 2020, concerns about marine fuel’s sulfur content quickly shifted to near-term disruptions induced by the COVID-19 pandemic.
VIDEO: Huisman's Crane for OIM Wind's Offshore Wind Installation Vessel
Dutch crane specialist Huisman has signed a letter of intent with China's Yantai CIMC Raffles Offshore for the delivery of a 2,600mt Leg Encircling Crane (LEC) for OIM Wind’s BT-220IU offshore wind installation unit.OIM Wind last year signed an EPC contract with CIMC for the construction of 1 + 1…
AAR reports mixed U.S. rail carload and intermodal volumes, for week ending January 9
Rail carloads—at 235,404—saw a 1.6% annual decrease, and intermodal containers and trailers saw a 10.4% annual gain, to 289,849 units.
SEACOR Marine Completes Sale of Windcat to CMB
New York-listed offshore vessel owner SEACOR Marine has completed the previously announced sale of its offshore crew transfer subsidiary Windcat Workboats to the Belgian shipping and logistics group Compagnie Maritime Belge (CMB).Windcat is headquartered in Lowestoft…