MarineLink News
https://anonymouswire.com/wp-content/plugins/WPRobot5/full-text-rss/makefulltextfeed.php?format=rss&url=https%3A%2F%2Fanonymouswire.com%2Fwp-content%2Fplugins%2FWPRobot5%2Ffull-text-rss%2Fmakefulltextfeed.php%3Fformat%3Drss%26url%3Dhttps%253A%252F%252Fwww.marinelink.com%252Fnews%252Frss Maritime, Marine Industry, Shipbuilding, Shipping News Leadership Change at NYK Group Europe
https://www.marinelink.com/news/leadership-change-nyk-group-europe-502518 https://www.marinelink.com/news/leadership-change-nyk-group-europe-502518 [unable to retrieve full-text content][unable to retrieve full-text content][unable to retrieve full-text content][unable to retrieve full-text content]Svein Steimler, president and CEO of NYK Group Europe Ltd., will retire on March 31, 2023, and will subsequently become a special advisor of the company. Steimler’s successor as president and CEO will be Carl-Johan Hagman.Sat, 28 Jan 2023 17:19:04 +0000en text/html https://www.marinelink.com/news/leadership-change-nyk-group-europe-502518
Sat, 28 Jan 2023 16:53:07 +0000en text/html https://www.marinelink.com/news/new-company-lehmann-marine-offers-cobra-502517
Baltic Dry Index Records Fourth Consecutive Weekly Drop
https://www.marinelink.com/news/baltic-dry-index-records-fourth-502512 https://www.marinelink.com/news/baltic-dry-index-records-fourth-502512 <div><img src=”https://images.marinelink.com/images/maritime/w800/elena-adobe-stock-138312.jpeg” class=”ff-og-image-inserted”></div><p>The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, marked its fourth consecutive weekly fall on Friday as capesize demand remained numb.</p><p>The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down one point to 676, levels last seen during June 2020. The index was down 11.4% for the week.</p><p>The capesize index lost 15 points, or about 2.7%, at 534, a near five-month low. It was down 32% for the week, also a fourth consecutive weekly fall.</p><p>Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, were down $118 to $4,433.</p><p>The panamax index was up nine points, or about 0.9%, at 1,054. However, it edged down 0.6% on its second consecutive weekly drop.</p><p>Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 to 70,000 tonnes, rose by $78 to $9,487.</p><p>Among smaller vessels, the supramax index rose five points to 650.</p><p><em>(Reuters – Reporting by Harshit Verma; Editing by Krishna Chandra Eluri)</em></p>
Fri, 27 Jan 2023 17:22:51 +0000en text/html https://www.marinelink.com/news/baltic-dry-index-records-fourth-502512
Ship Traffic Resume at Turkey’s Dardanelles Strait After Brief Suspension
https://www.marinelink.com/news/ship-traffic-resume-turkeys-dardanelles-502511 https://www.marinelink.com/news/ship-traffic-resume-turkeys-dardanelles-502511 <div><img src=”https://images.marinelink.com/images/maritime/w800/bstefanov-adobe-stock-138311.jpeg” class=”ff-og-image-inserted”></div><p>Ship traffic at Turkey’s Dardanelles Strait is set to resume after a brief suspension due to a vessel’s engine failure, the Tribeca Shipping Agency said on Friday.</p><p>Northbound traffic will resume at 1500 GMT and southbound traffic will resume at 1545 GMT, it said. Traffic was suspended in both directions at 1335 GMT.</p><p>The vessel whose engine failed was proceeding to the strait exit with two tug escorts, it said in an earlier not.</p><p><em>(Reuters – Reporting by Can Sezer; Writing by Ali Kucukgocmen; Editing by Alex Richardson and Louise Heavens)</em></p>
Fri, 27 Jan 2023 17:02:11 +0000en text/html https://www.marinelink.com/news/ship-traffic-resume-turkeys-dardanelles-502511
Anglo American’s First LNG Dual-fuel Bulk Carrier Enters Service
https://www.marinelink.com/news/anglo-americans-first-lng-dualfuel-bulk-502510 https://www.marinelink.com/news/anglo-americans-first-lng-dualfuel-bulk-502510 <div><img src=”https://images.marinelink.com/images/maritime/w800/photo-anglo-american-138310.jpg” class=”ff-og-image-inserted”></div><p>Mining company <strong>Anglo American</strong> announced that its newly launched liquefied natural gas (LNG) dual-fueled Capesize+ vessel, the Ubuntu Harmony, has loaded its first cargo of iron ore from its Kumba operations in South Africa.</p><p>The 190,000 tonne bulk carrier, flagged in Singapore, is the first of 10 LNG dual-fueled newbuilds that Anglo American will introduce to its chartered fleet during the course of 2023 and 2024, delivering an estimated 35% reduction in CO2 emissions compared to ships fueled by conventional marine oil fuel. The use of LNG will also lead to a significant reduction of nitrogen oxides and particulate matter from vessel exhausts, while new technology also eliminates the release of unburnt methane.</p><p>Anglo American aims to achieve carbon-neutrality for its controlled ocean freight by 2040 – with an interim target to reduce emissions from these activities by 30% by 2030 – as part of the company’s wider ambition to halve Scope 3 emissions by 2040.</p><p>Peter Whitcutt, CEO of Anglo American’s marketing business, said, “We are proud to see the Ubuntu Harmony begin its voyage transporting future-enabling products from our mines to our customers around the world. This milestone cements our vision to be a leader in low carbon shipping, a natural extension of our commitment to achieve carbon neutrality across our operations by 2040.”</p><p><span>Built by <strong>Shanghai Waigaoqiao Shipbuilding</strong> and owned by <strong>U-Ming Marine Transport</strong>, the vessel completed bunkering in Singapore in early January with LNG provided by Shell Eastern LNG. It arrived in Saldanha Bay, South Africa on January 19 to load a full cargo of iron ore that will be transported to customers in China. The Ubuntu Harmony will be followed by its sister ship Ubuntu Equality, the fleet’s second vessel, which is expected to load her first cargo in February in South Africa.</span></p><p>Nolitha Fakude, group director of Anglo American for South Africa, said, “The metals and minerals we provide play an important role in helping key industries decarbonize. Transporting them in a sustainable way is a key part of this effort and the introduction of the Ubuntu fleet – named after the Zulu word meaning ‘humanity to others’ – helps us accelerate our transition to sustainable ocean freight.”</p><p>Anglo American has a number of initiatives underway for the decarbonization of its maritime activities, including energy saving devices fitted to existing vessels, the use of voyage optimization software and a focus on exploring, trialing and adopting alternative, sustainable fuel options – such as LNG, sustainable biofuel, green methanol and ammonia and hydrogen.</p>
Fri, 27 Jan 2023 16:10:24 +0000en text/html https://www.marinelink.com/news/anglo-americans-first-lng-dualfuel-bulk-502510