With Costa Cruises

The era of eco fuel for ships begins also in Italy

La Spezia - It took five hours yesterday to complete the first refueling of LNG in Italy on the quay, from ship to ship. La Spezia, the only national port to make the operation possible, will be replicated in three weeks. Always with "Costa Smeralda", the flagship of the Genoese company, which points its bow on the Gulf of Poets every Sunday until mid-November

Laura Ivani
Short of last year’s total

Rotterdam's throughput in first three quarters falls 8.8%

Rotterdam - The port of Rotterdam handled a total of 103.4 million tonnes of freight in the third quarter of 2020. Total throughput over the first nine months of the year stands at 322.3 million tonnes. This is 8.8% lower than the volume recorded in the equivalent period last year. The main throughput categories to record a decline in volumes were crude oil, iron ore, coal and mineral oil products

Project cargo

Fortune Italy load heavy lift cargo at Marghera

Venezia - Fortune International Transport in Italy have recently loaded a complete new high pressure separator including all equipment at Marghera in Venice with the destination of China. The heaviest piece weighed 90tn with three additional pieces at 40tn each as well as other cargo in cases totalling 500cbm as a whole shipment

With "Serena"

Costa may have green light for December Asia start

Genova - Is Costa Cruises mounting a comeback in Asia? It would appear so, as multiple Taiwan-based travel agencies have listed departures aboard the "Costa Serena" out of Taiwanese homeports this coming December. Pulled from service in China in January, the Asia-based "Serena" has been sitting idle since

Strategies

Israel venture capital firm JVP in talks for potential UAE innovation centre

Dubai - Israeli venture capital firm Jerusalem Venture Partners (JVP) is in talks with potential partners in the United Arab Emirates to set up an innovation hub there, its chairman said on Monday. JVP Chairman Erel Margalit has met with potential partners and looked at at least one possible site for a hub during a visit to the UAE this week

Alexander Cornwell
The operation

Delta Maritime with transport of tram trains in Greece

Piraeus - Delta Maritime report an ongoing project they are assisting with involving the transport of tram trains from Piraeus Port to Elliniko Tram Station. The project will help the flow of traffic throughout the Athens and Piraeus network

In Piraeus

Propeller Club cleans the Votsalakia Beach

Athens - In an original and socially responsible way, the Propeller Club celebrated the 85th anniversary of its founding, by symbolically cleaning the Votsalakia Beach in Piraeus, on Sunday, October 25th. More than 60 volunteers, led by President Mr. Costis Frangoulis and Members of the Board of Governors, participated in the cleanup, meticulously following the protection measures taken due to the pandemic

Delivery at the end of 2022

Helsinki Shipyard wins order for hybrid expedition cruise vessel

Helsinki - Finnish shipbuilding company Helsinki Shipyard Oy has won an order from the British cruise line Swan Hellenic for a luxury expedition cruise vessel. The order comes at a very difficult situation for the global cruise and shipbuilding industry due to the impact of COVID-19 on traveling and demand for cruises

Died at 78

Lee Kun-Hee, force behind Samsung’s rise

Seoul - Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics but whose leadership was also marred by corruption convictions, died on Sunday

The technology maker

Wartsila's Q3 earnings per share below forecast

Wartsila posted third-quarter earnings per share below market forecasts on Friday, saying the COVID-19 pandemic continued to limit investments in both its marine and energy markets

Nobody injuried

Ship hits dock at Port of Port of Spain

Port of Spain - A container ship, the "Kourou", ran into the dock at the Port of Port of Spain on Saturday night, Seamen and Waterfront Workers trade Union (SWWTU) head Michael Annisette confirmed to Newsday on Sunday

Genoa, Italy

Joint venture between Premuda and Columbia Shipmanagement

Premuda will be a shareholder of the new company, which will be called CSM Italy and will be based in Genoa. Within the framework outlined, once concluded the due trade-unions consultation’s procedures, CSM Italy will provide ship management and it’s maritime services

Ramaphosa

South Africa unveils infrastructure, jobs plan after COVID-19 hit

Cape Town - South Africa will roll out a big infrastructure spending programme and large-scale employment stimulus to revive an economy that was ailing even before the coronavirus crisis, President Cyril Ramaphosa said on Thursday. Unveiling a COVID-19 economic recovery plan in parliament, Ramaphosa said the government would unlock more than one trillion rand ($60 billion) in infrastructure investment over the next four years

Duterte

Philippine approve resumption of energy projects in South China Sea

Manila - Philippines President Rodrigo Duterte has lifted the moratorium on petroleum exploration in the South China Sea, paving the way for three projects to resume, including a possible joint venture with China. Energy Secretary Alfonso Cusi said on Thursday that service contractors were notified to resume energy-related activity in the area

Financial problems

Ocean Tankers wants to return most ships to owners

The court-appointed manager for Ocean Tankers Pte Ltd has applied to the Singapore court to return most of the ships the company manages to the shipowners, as cash is running low and Ocean Tankers will not be able to maintain the fleet

Florence Tan, Anshuman Daga
Diplomacy

Cargo from Dubai arrives in Haifa, cementing Israel-UAE trade route

Haifa - The ship-to-shore crane paused above the cargo ship just arrived from Dubai, then set its load down on the pier in Israel. One after another, eight containers filled with electronics, cleaning supplies, iron and firefighting equipment were unloaded off the "MSC Paris", one of the first cargo ships to make the voyage between the United Arab Emirates and Israel

Rami Amichay
IHS Markit

Carriers throwing capacity at booming trade lanes

London - Carriers since July have been rapidly reinstating high levels of capacity blanked in the second quarter as demand began to return rapidly, most notably on the trans-Pacific where US imports are setting records. The capacity management strategy that has kept freight rates at record levels is being tested by the rapid recovery in demand on the trans-Pacific and Asia-Europe trades

From Meyer Werft

P&O Cruises takes delivery of its new LNG-powered flagship

Papenburg - German shipbuilder Meyer Werft has handed over "Iona", a 180,000-ton LNG-powered cruise ship, to the British shipping company P&O Cruises. With the delivery, the new flagship of the cruise line will be integrated into the P&O Cruises fleet in order to be ready for service when the Biritsh cruise industry restarts

Newbuilds

Korea’s shipbuilding industry picks up thanks to Greece

Athens - On recent orders from Greek shipping companies, South Korea’s shipbuilding industry regained the No. 1 spot from China in the third quarter of this year, data showed Sunday. According to UK-based market research firm Clarksons Research, Greece placed orders for 18 ships worth 589,421 compensated gross tonnage from Korean shipbuilders this year

Green policy

France to rein in export guarantees for oil and gas industry

Paris - France will stop providing state export guarantees to projects involving dirty forms of oil such as shale from next year, followed by all types of oil from 2025 and gas from 2035, the finance ministry said on Monday. The French state stopped giving export guarantees, which companies often need to get bank credit, to projects this year where fracking and flaring were involved and also dropped its financial support for coal developments

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