Canadian dry-bulk shipping company Fednav Limited on Thursday announced it has signed an agreement with Sumisho Marine Co., Ltd. (Sumitomo Corporation Group) and Oshima Shipbuilding to build 10 new oceangoing lakers. The ships will be built at Oshima shipyard in Japan, with the first vessel expected to be delivered in mid-2023.
At least 57 people drowned on Monday after a boat capsized off the Libyan coast near Khums, the latest tragedy in the central Mediterranean, the U.N.'s International Organization for Migration (IOM) said. "According to survivors brought to shore by fishermen and the coast guard, at least 20 women and two children were among those who drowned," IOM spokeswoman Safa Msehli said in a tweet.
Japanese steelmaker JFE Steel has signed long-charters shipping firms NYK Line, Kawasaki Kisen Kaisha and Mitsui O.S.K. Lines to charter three 210,000-ton LNG-fueled bulk carriers for transporting iron ore and coal from overseas locations to JFE Steel’s steelworks in Japan. JFE Steel said the charters would make it the first company in Japan to deploy LNG-fueled ships in the 210,000-ton class
The United States is working with Norway, Denmark and other countries to develop zero-emissions fuel options for ships as part of a push to de-carbonize the industry, officials involved said.With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world's CO2 emissions.In April, U.S.
Russia’s first ship designed to run on liquefied natural gas (LNG) and fuel other vessels with LNG has completed its sea trials, energy firm Gazprom Neft reported on Friday.The Dmitry Mendeleev is expected to enter Gazprom Neft’s fleet in the second half of this year, the company said.“The next stage will be the testing of systems for loading, storing and discharging of LNG,” it said.
A Bangladesh ferry carrying around 50 passengers collided with a cargo vessel and sank on Sunday in the Shitalakhsya River south of the capital Dhaka, leaving at least 26 people dead and a few still missing, officials said.Twenty one bodies had been recovered on Monday. The ferry sank just after it departed from the industrial Narayanganj district about 20 km (12 miles) from Dhaka, to Munshiganj
In two major pieces of legislation passed by Congress at the end of 2020 and the beginning of this year, Congress addressed the difficulty that many smaller inland and coastal ports have in obtaining funding for their infrastructure projects. First, on December 11, 2020 Congress passed the William M.
A Bangladeshi woman whose husband died dismantling an oil tanker in a local shipyard was given the green light this week to keep pursuing a claim for compensation from a UK company linked to the vessel in a test case for the shipbreaking industry.Britain’s Court of Appeal threw out a request by London-based shipbroker Maran (UK) Ltd for the negligence case to be dismissed
At least 39 migrants died when two boats sank off Tunisia on Tuesday as they tried to cross the Mediterranean to the Italian island of Lampedusa, the Tunisian defense ministry said.The coast guard rescued 165 others, and searches for more survivors are still ongoing off the coast of Sfax, ministry spokesman Mohamed Zekri said. All the dead migrants were from sub-Saharan Africa, he added.
The U.S. Navy seized thousands of weapons from two stateless dhows during a maritime security operation off the coast of Somalia last week.A boarding team from guided-missile destroyer USS Winston S. Churchill’s (DDG 81) discovered the illicit cargo during a flag verification boarding in international waters, and the confiscation took place February 11 and 12.
High shipping rates are set to continue for at least several weeks, despite new coronavirus lockdowns in Europe, boosted by demand for furniture, exercise equipment and home improvement goods, shipping group Maersk said on Wednesday.A surge in demand from shoppers sheltering at home in a worsening COVID-19 pandemic has upended normal trade flows and triggered a spike in the cost of moving goods
Amazon seller Bernie Thompson shifted half of his production out of China to reduce his business risks and still found himself in the crosshairs of logistical chaos besetting the movement of goods around the globe.A surge in demand for furniture, exercise equipment and other goods for shoppers sheltering at home in a worsening COVID-19 pandemic has upended normal trade flows.