05 APRIL 2019 Simon Bennett, Deputy Secretary General of the International Chamber of Shipping (ICS) has warned that avoiding overcapacity and unsustainably low freight rates is still a major challenge 10 years after the massive downturn of 2008. “In that time shipping companies needed to show restraint when ordering new …
Read More »MALAYSIA TO BUILD SHIP-TO-SHIP FACILITY IN JOHOR STRAIT
04 APRIL 2019 Malaysia has announced plans to build a ship-to-ship transfer facility near Johor’s Port of Tanjung Pelepas. The 1,200 hectare (3,000 acre) facility, estimated to cost up to $180 million, will be build in the Strait of Johor opposite Singapore’s Port of Tuas and is touted as the …
Read More »GPS ROLLOVER HAPPENS APRIL 6
03 april 2019 The IMO has reminded maritime users of the Global Positioning System Standard Positioning Service (GPS-SPS) to check their systems ahead of the week counter roll over on April 6, 2019. Some outdated GPS receiver systems may cease to function properly – with potentially serious impacts on navigation. …
Read More »GLOBAL TRADE GROWTH COULD REBOUND IN 2020
02 APRIL 2019 World trade will continue to face strong headwinds in 2019 and 2020 after growing more slowly than expected in 2018 due to rising trade tensions and increased economic uncertainty, according to the World Trade Organization (WTO). WTO economists expect merchandise trade volume growth to fall to 2.6 …
Read More »PIRATES KIDNAP FOUR BOXSHIP CREWMEMBERS IN GULF OF GUINEA
01 april 2019 Four crewmembers from the container feeder Contship Oak have been kidnapped off the coast of Cameroon, vessel operator Contship has confirmed. The attack occured shortly after the U.S. and other allied forces conducted large-scale anti-piracy drills in the region. In an attack on March 30, pirates boarded the Oak at the …
Read More »DEAD PEOPLE AND PETS ARE BEING FORGED INTO PRETTY BLUE DIAMONDS – HERE’S HOW IT WORKS
31 MAR 2019 When a person dies, cremation is an increasingly popular option. The practice eclipsed burials in the US in 2015 and is expected to make up more than half of all body disposals by 2020, according to the Cremation Association of North America. But instead of storing a loved one’s …
Read More »WHAT ARE THE DOLDRUMS ?
30 MAR 2019 The “doldrums” is a popular nautical term that refers to the belt around the Earth near the equator where sailing ships sometimes get stuck on windless waters. Known to sailors around the world, the Inter-Tropical Convergence Zone, (ITCZ, pronounced and sometimes referred to as the “itch”), is …
Read More »MAIB: POOR WATCHKEEPING LED TO COLLISION BETWEEN RO-RO AND CRUISER IN THE SOLENT
28 MAR 2019 The UK Maritime Accident Investigation Branch (MAIB) says that poor watch keeping contributed to last September’s collision between the ro-ro passenger ferry and a recreational cruiser in the Solent near Southampton, England. On 29 September 2018, the UK registered roll-on roll-off passenger ferry Red Falcon and the …
Read More »SCIENTISTS CREATE AN ARTIFICIAL CELL THAT MAKES ITS OWN ENERGY BY PHOTOSYNTHESISING
28 MAR 2019 Artificial cells created inside the lab have taken another major step forward, with scientists developing cells that are able to produce their own chemical energy and synthesise parts of their own construction. That makes these artificial cells a lot more like real, biological cells – cells that can …
Read More »LNG CARRIERS AND FSRUS – WHERE ARE WE NOW, AND WHERE ARE WE HEADING?
28 MAR 2019 To gain some insight on how LNG Carriers and FSRUs are operated in today’s market, Young@Nor-Shipping has been fortunate to talk to Erik Folkeson, Vice President IR & Strategy of Höegh LNG, to answer all our questions, and give a temperature check on the LNG market. Höegh …
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