Maritime Vessels Directory

The coronavirus lockdown has accelerated a digitalization drive in a global shipping and logistics sector that still routinely delivers many documents by bike messenger in some countries, according to industry leaders.Ports operator DP World said on Thursday it would join shipping company Maersk and other peers in a blockchain platform aimed at limiting the sector's costly paper trail."The situation around the coronavirus is a very good catalyst for making sure everyone in the supply chain can communicate with each other digitally," Mike Bhaskaran, DP World's chief operating officer for logistics and technology, told Reuters.

Record Engine Powers World’s Largest Containership

39 minutes ago

Everything about the HMM Algeciras is big, including the power output of its MAN B&W 11G95ME-C engine – the mightiest ever built by Germany-based MAN Energy Solutions.The 23,964 TEU containership is the largest ever built, recently launched for South Korean shipping company HMM at the Daewoo Shipbuilding and Marine Engineering (DSME) Okpo shipyard in Geoje, Korea. The newbuild measures 400 metres in length and 61 meters in beam, and has recently entered service between Asia and Europe via the Suez Canal.The record-setting containership is the first of a dozen 24,000 TEU class vessels ordered in August 2018 for delivery this year.

Svitzer Names Kasper Friis Nilaus CEO

an hour ago

Towage operator Svitzer announced its Board of Directors has appointed Kasper Friis Nilaus, VP and current Managing Director (MD) of Svitzer Europe, to succeed Henriette Thygesen as global CEO of Svitzer A/S, effective June 15.Going forward, Nilaus will continue to report to Thygesen in her capacity as CEO of Maersk Fleet and Strategic Brands. Svitzer A/S remains a fully-owned AP Moller-Maersk company.Nilaus joined Svitzer as Business Development Manager in 2007 and has since held various global and regional positions within commercial and general management, latest as MD of Svitzer Europe -- a role he will hold until a successor is appointed.

Parched Parana River Likely to Hit Argentine Grain Exports through September

10 minutes ago

Shallow water in Argentina's Parana River will slow exports and hurt the country's soy crushing margins at least through September, officials said, as more cargo ships are needed to carry the same amount of commodities.Drought has pushed the Parana to its lowest level in decades, complicating transportation and soymeal production.An increasing number of ships are running aground and higher costs are pressuring margins at the giant soy crushing plants that make Argentina the world's top exporter of livestock feed, used to fatten hogs and poultry from Southeast Asia to Europe."The Parana is at its lowest level in 50 years.

EPS Orders Gas Carrier Trio from Hyundai Mipo Dockyard

an hour ago

South Korean shipbuilder Hyundai Mipo Dockyard has secured an order for three medium sized gas carriers (MGC) from Singapore's Eastern Pacific Shipping (EPS).EPS says it has reached an agreement with Norwegian energy company Equinor for the time charter of three liquefied petroleum gas (LPG) dual-fuel propulsion newbuilds, which are scheduled to be delivered in 2022.The three vessels will add to EPS' existing fleet of 11 vessels including the three LPG tankers acquired from Neu in September 2019 and the delivery of two MGCs from Hyundai Mipo Dockyard earlier this year.

Maritime Reporter and Engineering News (May 2020)

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