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International Shipping News

TotalEnergies, MOL Group complete first ship refueling with biofuel in Singapore

Mitsui O.S.K. Lines, Ltd. (MOL) and TotalEnergies Marine Fuels have completed the first refueling of a ship with biofuels in Singapore, the shipping company said on Wednesday. The ship, a car and truck carrier named Heroic Ace, was refueled using biofuel supplied by TotalEnergies via a ship-to-ship transfer on June 11, MOL said in a statement. The biofuel blend that was used in the trial comprised of very low sulfur fuel oil (VLSFO) blended with 20% second-generation, waste-based and ISCC-certified used cooking oil methyl ester (UCOME), MOL said. ISCC is ...

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Seafarers Hospital Society partners with Ocean Technologies Group to improve seafarer physical health

Seafarers Hospital Society (SHS) has developed a new physiotherapy video to empower seafarers to avoid work-related injuries through exercise. As part of their ongoing collaboration with Ocean Technologies Group (OTG), this video will be freely available to seafarers with access to OTG’s Ocean Learning Platform. Repetitive strain injuries and musculoskeletal issues, often caused by heavy lifting, are common long-term health issues reported by seafarers. The risks of experiencing a work-related injury are high and accessing treatment while at sea is difficult. Preventative exercises are a vital means to help avoid ...

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MABUX: Slight downward correction in Global bunker market on June 30

MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO in the main world hubs) finished the trading day with no any firm trend on June 29: 380 HSFO – USD/MT – 734.52(+3.69) VLSFO – USD/MT – 1 069.54 (-3.09) MGO – USD/MT – 1 378.31 (-11.62) MABUX Market/Digital Bunker Index (MDI) (comparison of market bunker prices and digital bunker price benchmark MABUX) on June 29 remained the phase of multidirectional fluctuations. In particular, 380 HSFO fuel was undervalued in three out of four ...

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StormGeo Partners with DNV to Offer Anti-Roll Assistance and Seakeeping Services

Unlike ship motions such as pitch, roll, and heave, which most masters can estimate accurately, synchronous and parametric rolling events can catch even the most experienced captain by surprise. They are often difficult to predict, and when they occur, they are notoriously difficult to control. To help captains mitigate the risks of resonant rolling and container losses, StormGeo recently partnered with DNV to offer anti-roll assistance and provide seakeeping information to onboard vessel crews already at the voyage planning stage. Through close collaboration, StormGeo recently implemented DNV’s Anti-Roll Assist application ...

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Berge Bulk vessel to sail with WindWings in 2023

Berge Bulk, BAR Technologies, and Yara Marine Technologies have reached an agreement to install four BAR Tech WindWings by Yara Marine Technologies (WindWings) on board the 210,000 DWT bulk carrier Berge Olympus. “This partnership with BAR Tech and Yara Marine is a great step towards our transition to zero-emissions operations. Preserving our planet’s resources is fundamental to Berge Bulk’s sustainability vision and goals,” says James Marshall, CEO of Berge Bulk. “At Berge Bulk, we believe in the results that can be achieved by harnessing wind power. Evaluating this groundbreaking technology, ...

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Kongsberg Martime supply waterjets for “smart saver” a search and rescue vessel of the future

Kongsberg Maritime (KM) has been contracted to supply waterjet propulsion and control systems for what has been dubbed ‘the world’s most technically advanced and environmentally friendly Search and Rescue (SAR) vessel’ The SAR vessel with project title “Smart Saver”, being built for Redningsselskapet, Norway’s Sea Rescue Society, has prime focus on innovation of future-oriented solutions within digitalisation and sustainability. A donation from the Tom Wilhelmsen Foundation has funded the project and it is hoped that the build of this first in class vessel will start a new generation of SAR ...

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Baltic dry bulk index down as smaller vessel rates retreat

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, slipped on Wednesday as a dip in panamax and supramax vessels overshadowed an uptick in the larger capesize segment. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 18 points, or about 0.8%, at 2,186 points, its lowest in more than two months. The capesize index rose for the first time since June 23, gaining 48 points, or over 2.2%, to 2,200 points. Average daily earnings ...

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Why are LNG shipping stocks resilient?

LNG shipping stocks are proving resilient despite uncertainties about growth in global GDP, high inflation and the ongoing geopolitical crisis caused by the Russia-Ukraine conflict. Drewry’s LNG shipping equity index increased by 12.7% YTD as of 28 June 2022, outperforming S&P 500 which declined by 19.8% during the same period. Golar LNG stock price surged the most (up 87.9%), while Flex LNG increased by 24.8% and Nakilat by +18.2.%. LNG stocks have mainly benefited from the rising European LNG demand as the region switches away from Russian natural gas. We ...

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IACS unified requirements for cyber security mandatory from 1 January 2024

The new IACS Unified Requirements (URs) are based on recognized international standards for the cyber security of industrial automation and control systems, such as IEC 62443. In brief, the new IACS URs cover the following main topics: • Scope of applicability, including OT systems for important vessel functions • Identification and protection against cyber threats • Detection of incidents • Means to respond and recover • Hardening and security capabilities of systems and components The URs will be mandatory for classed ships and offshore installations contracted for construction on or ...

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Global seaborne coal supply in Q2 forecast to surge 12% on increased exports from Indonesia and Russia

According to Commodities at Sea, S&P Global Market Intelligence, global seaborne coal shipments for the first 26 days of June 2022 increased by 13% year on year (y/y) to 100.7 million metric tons (mt). While the shipments showed a considerable increase from Indonesia, Russia and Australia, the figures were lower from Colombia. Shipments of seaborne coal to mainland China declined during the same period, mainly due to higher domestic production and Covid-19 related lockdowns. Global seaborne shipments in the second quarter of 2022 are forecast to increase 12% y/y to ...

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TotalEnergies Marine Fuels and MOL Group Complete First Biofuel Bunker Operation of a Vehicle Carrier in Singapore

TotalEnergies Marine Fuels and Mitsui O.S.K. Lines, Ltd. (MOL) have successfully completed the first biofuel bunker operation for a vehicle carrier in Singapore. The local operation was made possible with support from the Maritime and Port Authority of Singapore. The MOL-operated car and truck carrier, Heroic Ace, was refueled by TotalEnergies-supplied biofuel on 11th June 2022 via ship-to-ship transfer, while the carrier performed cargo operations simultaneously. The biofuel has been consumed during the carrier’s voyage to Jebel Ali, in the United Arab Emirates. The biofuel blend used in this trial ...

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6 Things Seafarers Wish You Knew

We have all propably come across lists like the “10 Truths hotel Employees Wish Guests Knew” or “45 Things pilots Wish Airline Passengers Knew;” ever seen a similar list for seafarers? In celebration of the Day of the Seafarer, Oceans Arena Stage hosted the panel “Welcome on board: What seafarers wish you knew,” on a mission to create a seafarers “wish list” of what they wish people knew, understood and appreciated about life at sea. Opening remarks made by Esben Poulsson, Vice-President of The Mission to Seafarers set the tone ...

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PROSTEP expands cooperation with Siemens Digital Industries Software

PROSTEP has been developing standards-based integration solutions for the Siemens Digital Industries Software product family for many years. The two companies have now expanded their long-standing collaboration so that Siemens’ Polarion ALM™ software and Teamcenter® Manufacturing, from the Siemens Xcelerator portfolio of software and services can be connected to PROSTEP’s integration platform OpenPDM. The aim is to provide customers with even greater support for end-to-end digitalization. As a result of a new partner agreement, PROSTEP gains access to additional Siemens technologies, enabling the company to develop sustainable and easy-to-maintain standard ...

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ENGINE: Europe & Africa Fuel Availability Outlook

Northwest Europe Availability of VLSFO and LSMGO are normal in ARA ports, while HSFO is tight for prompt deliveries, sources say. Recommended lead times for VLSFO and LSMGO are 3-5 days in ARA, but some suppliers can offer LSMGO on prompt dates, sources say. HSFO requires a longer lead time of 5-7 days Independently held gasoil stocks in the ARA increased last week and scaled to their bulkiest level so far in June, while fuel stocks declined slightly. Gasoil stocks increased by 720,000 bbls to 11.33 million bbls in the ...

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Stream Marine Training gains Bahamas Maritime Authority (BMA) approval to deliver training courses to seafarers working on vessels using alternative fuels

Stream Marine Training (SMT) is demonstrating its commitment to leading the way in alternative fuels by offering Bahamas Maritime Authority- (BMA) approved Basic (BIGF) and Advanced (AIGF) Training for Service on Ships using Fuels covered within the IGF Code. The BMA has approved the UK-based global training course provider to deliver the STCW BIGF and AIGF course by webinar. The courses are designed to give both basic and advanced training to seafarers responsible for designated safety duties associated with the care, use, and emergency response to the fuels on board ...

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