Maguro Shipping Inc.

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MAGURO

Tanker for Oil | Flag: Marshall Islands | Port: MAJURO

Maritime News

Canada Joins LNG Export Nations as First Cargo Sets Sail

Canada Joins LNG Export Nations as First Cargo Sets Sail

an hour ago
LNG Canada has loaded the first cargo of liquefied natural gas that is now destined for global markets, marking the start of operations at Canada’s first large-scale LNG export facility.Located in Kitimat, British Columbia, the LNG Canada facility will export LNG from two processing units or trains with total capacity of 14 million tonnes per annum (mtpa).Shell Canada Energy, an affiliate of Shell, has the largest working interest in the LNG Canada joint venture, holding 40%, with other partners including Petronas, through its wholly owned subsidiary North Montney LNG with 25% share, PetroChina Company, through its subsidiary PetroChina Canada (15%), Mitsubishi Corporation
Oil Tanker Explodes off Libya, No Injuries Reported

Oil Tanker Explodes off Libya, No Injuries Reported

yesterday
An oil tanker carrying about 1 million barrels of crude oil suffered an explosion off Libya on June 27 but no injuries or pollution were reported, a spokesperson for the operator TMS Tankers said on Monday.The Marshall Islands-flagged tanker Vilamoura had left Libya's Zuetina port and was en route to Gibraltar when there was an explosion in the engine room, the operator said.The vessel is now being towed to Greece where it is expected to arrive by July 2, it added.(Reuters - Reporting by Angeliki KoutantouEditing by Gareth
Autonomous Ships Must Have Search and Rescue Capabilities

Autonomous Ships Must Have Search and Rescue Capabilities

yesterday
The 110th session of the Maritime Safety Committee (MSC 110) was held from June 18 to 27, with significant progress on a new non-mandatory code of safety for autonomous ships (MASS Code).The code addresses the emerging need for a regulatory framework to ensure the safe, secure and environmentally sound operation of autonomous and remote-controlled key functions.DNV reports that MSC 110 made significant progress, finalizing 18 chapters in the MASS Code, leaving mainly the chapter on the human element to be finalized.A key decision made was that unmanned MASS should be capable of assisting persons in distress.
Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

4 days ago
Rates for shipping cargo containers from China to the U.S. have dropped by more than half since earlier this month, as imports rebounded less than expected after the slump that followed President Donald Trump slapping 145% tariffs on China.Trump quickly reversed course by lowering the rate to 30%. That cost increase on goods from the nation's No. 1 ocean trading partner remains significant, especially at a time when U.S. economic data is signaling weakness.Rates on the closely watched Shanghai-to-U.S.
Fincantieri Delivers Cruise Ship Viking Vesta

Fincantieri Delivers Cruise Ship Viking Vesta

4 days ago
Viking Vesta, the second of a new series of cruise ships that Fincantieri is building for the shipowner Viking, was delivered today at the Ancona shipyard.The ceremony was attended by Torstein Hagen, Chairman and CEO of Viking, and Luigi Matarazzo, General Manager of the Merchant Ships Business Unit of Fincantieri.The vessel belongs to the segment of small cruise ships. With a gross tonnage of approximately 54,300 tons, Viking Vesta has 499 cabins and can accommodate 998 passengers on board. The vessel is the 14th ship delivered by Fincantieri to Viking, including the two expedition units built by the Norwegian subsidiary Vard.