COSCO introduces Far East to South America West Coast service
COSCO SHIPPING Chancay Port commenced trial operations on 14 November, marked by the successful unloading of new energy vehicles and other transportation products from COSCO SHIPPING HONOR and COSCO TENG FEI at the Peruvian port. Peruvian COSCO terminal commences operations The maiden voyage of COSCO TENG FEI, carrying 2,756 vehicles, embarked from China’s port of […]
‘From the doghouse to the outhouse’: VLCCs’ tricky Q4 voyage
The VLCC market has gone “from the doghouse to the outhouse” with rates plummeting across the board in all areas in the week gone by, according to Norwegian broker Fearnleys. Nevertheless, the tanker segment remains in profitable territory, however owners are frustrated that there has been no sustained earnings bump in Q4 with spot VLCCs […]
Geneva Dry Dialogues: Heidelberg Materials Trading
The dry bulk fleet is rapidly ageing and new orders will be vital next year, even if yards are overflowing with contracts for other types of ships. That’s the view of Willem Vermaat, shipping director at cement giant Heidelberg Materials Trading, who will be joining the minor bulks session at next April’s Geneva Dry, the […]
Hengli Heavy wins first ammonia carrier orders
Hengli Heavy Industry has entered the field of gas ship construction with its parent placing an order for four very large ammonia carriers (VLACs). No price has been revealed for the order. Hengli Group, which acquired STX Dalian more than two years ago and rebranded it into Hengli Heavy Industry, has lined up more than […]
Guenther Siemens appointed head of Briese Chartering
Guenther Siemens, who has been with BBC Chartering in varying positions for more than 25 years, will take over the role of the managing director at sister firm Briese Chartering from January 1. He succeeds Ilona Lazareva, who is leaving the position at her own request but will remain with Briese Chartering as a chartering […]
Schulte forms Chinese crew joint venture
The Schulte Group, Huayang Maritime Center, and Haikou Xinhaina Port and Shipping Technology Co have formed a joint venture on Hainan Island in the far south of China. Called BSM-HMC Maritime Services, the aim of the new joint venture is to build a strong local network to cultivate a new generation of Chinese crew. “Together, […]
ONE buys into Jakarta terminal
Japanese liner Ocean Network Express (ONE) has bought a minority stake in New Priok Container Terminal One (NPCT1) in Jakarta, Indonesia for an unspecified price. Built in 2016, NPCT1 has an annual capacity of 1.5m teu and can accommodate the largest ships afloat today. Other shareholders in the terminal are shareholders Pelindo II, Mitsui & Co […]
EMS Chartering takes on Enercon’s wind-assisted MPP
Germany’s EMS Chartering and compatriot Enercon have teamed up for the chartering of the wind turbine maker’s wind-assisted multipurpose vessel E-Ship 1. The tie-up increases the presence of the wind-assisted cargo ship on the charter market and leads to improved utilisation of its capacity, the companies said. In addition to wind turbine components, the E-Ship […]
See which way the wind blows
In the first of a two-part contribution, Henrik Alpo Sjöblom from Kongsberg Maritime identifies the main wind-assisted propulsion systems. At Kongsberg Maritime, we integrate various systems onboard ships, from the bridge to the propeller. For wind, we don’t have this in our product range, but as an integrator and also a ship designer, the potential […]
DEME wins German offshore wind terminal contract
Belgium-based marine contractor and one of the largest dredging groups, DEME, has won a contract to build an offshore wind terminal in the Port of Cuxhaven in Germany. The terminal will boost Cuxhaven’s position as a key offshore industrial hub to support handling heavy-duty loads, particularly components for offshore wind farms. Operated by Niedersachsen Ports […]