Fincantieri

Vard secures contract for eight marine robotic vessels

Trieste - Fincantieri subsidiary VARD has signed a contract for the design and construction of eight robotic vessels for maritime operations worldwide for Ocean Infinity. In partnership with the client, VARD has developed the VARD 9 60 design

Covid

Maersk confident about recovery beyond 2020

Shipping group Maersk said on Wednesday it is confident about the outlook for shipping beyond 2020 as a second wave of coronavirus infections has only had a limited impact on global freight volumes

Mangiarotti (MedCruise)

"Mediterranean needs a single health protocol" / INTERVIEW

Cagliari - Valeria Mangiarotti, lawyer, has recently been vice-president of MedCruise, the association that brings together the cruise ports of the Mediterranean, under the new mandate of Aris Batsoulis. Not entirely a new entry, that of Mangiarotti, who had already held this position in the past. COVID 19  and environment in her agenda

Fight against the virus

Fincantieri intalls air sanitation system on MSC ships

Trieste - Fincantieri, in close cooperation with the virology lab of the International Center for Genetic Engineering and Biotechnology, ICGEB, has developed an innovative next-generation air sanitation system called "Safe Air", which will further significantly improve the quality and cleanliness of the air on board cruise ships

More than $ 50 billion loss

UN agencies support resumption of cruise ship operations

London - The International Maritime Organization (IMO) and the World Tourism Organization (UNWTO) have expressed their support for the safe resumption of cruise ship operations following the COVID-19 pandemic. In a joint statement, the organizations also encouraged their member states and relevant national and local authorities to designate all seafarers and marine personnel within their jurisdictions as key workers

Arctic route

A $300 million order for ABB

ABB has secured a $ 300 million order from Daewoo Shipbuilding & Marine Engineering Co. to supply propulsion and power generation systems for six new vessels that will be used for the transport of liquefied natural gas 

Regulation

Pleasure craft rental: an unsolved problem / FOCUS

All the details on the new cabin charter, the new VAT regime, proof of actual navigation outside the EU and the portion of the fee that is not subject to tax. By ASLA - Associazione degli Studi Legali Associati

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

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

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

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

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

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

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

The shipyard crisis

Asia’s cruise giant receives payment from Germany

Berlin - Genting Hong Kong, the parent company of Crystal Cruises, Dream Cruises, and Star Cruises has secured a EUR 193 million, or $227 million payment from the German Government to keep its shipyards MV Werften afloat. As the owner of three major cruise lines, a casino in Manila which has been closed down, and MV Werften

In plan to end EU competition rules

UK shipbuilding set for major post-Brexit boost

London - Britain's shipbuilding industry could be in for a massive boost after Brexit with plans to end to European Union rules forbidding the Government from prioritising UK firms when handing out lucrative contracts for new vessels

After the agreement

Maersk to ship cargo between UAE and Israel

Danish shipping giant Maersk said it will now transport ocean cargo between the United Arab Emirates and Israe, a further sign of business opening up after the two countries established full ties

Cruises in the time of the coronavirus

Inside the "Costa Deliziosa" bubble / REPORTAGE

Trieste - Is it possible to return to travel carefree without worries about the world health situation? The answer is yes, thanks to the new models of protected cruises that aim to create a "security bubble" on board. We tried this experience aboard "Costa Deliziosa" during her second voyage after the resumption of operations

The ceremony

T. Mariotti cuts steel for Seabourn's second newbuild

Genova - Steel cutting at the Cimar plant in San Giorgio di Nogaro for the second of the two ultra-luxury ships commissioned by the US shipping company Seabourn to the genoese T. Mariotti shipyard. The sister ship of "Seabourn Venture", whose delivery is expected in 2021, is still waiting to receive the name and will be completed in 2022

The first yachts from Amico & Co are on their way

Darsena active even after the Genoa Boat Show event

Genova - Redevelopment has been completed of the area, left empty nearly all year long for 13 years. The shipyard managed facility will host a total of 25 superyachts up to 110m long He had said it would be October, and October it is. Just five and a half months after the final green light for the development works and four months since the agreement that finally mothballed the former disputes regarding the Darsena Nautica

Owned company Marinette Marine shortlisted

Fincantieri to design the project of US Navy unmanned fleet

Trieste - The Department of Defense and the US Navy awarded to Fincantieri’s subsidiary, Marinette Marine (FMM), a $7 million contract for design and engineering work of the Large Unmanned Surface Vessel (LUSV), the future large-size unmanned surface vessels, able to operate without crew on board. Fincantieri Marinette Marine has been shortlisted with five other companies

The Asian giant

Genting Hong Kong holds first creditors' meeting

Hong Kong - Genting Hong Kong held its first creditors meeting Monday as it pursues a restructuring. Leading up to the virtual meeting, the company paid bank fees that were due last week.Previously, Genting HK reported missing the payment of €3.7m in bank fees relating to newbuilds "Global Dream" and a sister vessel

Traffic +9,3% in the 2020 1H

As Arctic ice melts, polluting ships stream into polar waters / ANALYSIS

London - As melting sea ice opens the Arctic to navigation, more ships are plying the loosely regulated polar waters, bringing increasing amounts of climate-warming pollution, a Reuters analysis of new shipping and fuel-consumption data shows. Traffic through the icy region's busiest lane along the Siberian coast increased 58% between 2016 and 2019

Italian market

Covid-19, Costa Cruises will test passengers

To obtain certification from RINA, specific training modules for crews have been created in strict compliance with the new health protocols and with the associated shipboard management system implemented by Costa

The accident

Mauritius starts to scuttle Japanese oil-spill vessel

Environmental group Greenpeace said the action would lead to more pollution. Scientists say the full extent of the spill was still unfolding but the damage could affect Mauritius and its tourism-dependent economy for decades

World's number five

Hapag-Lloyd almost doubles H1 profit

German container shipping line Hapag-Lloyd nearly doubled net profit in the first half of 2020 and kept its full-year outlook intact but warned that the coronavirus crisis bears indiscernible risks for its operations

Toward the lowest level in 4 years

COVID-19 to weigh on U.S. seaport peak shipping season

Imports at major U.S. container seaports could hit their lowest level in four years as the novel coronavirus pandemic pummels a U.S. economy that was already grappling with negative effects of the U.S.-China trade war

World Trade

Shipping's share of global carbon emissions increases

Carbon emissions from shipping rose in the six-year period to 2018 and accounted for 2.89% of the world’s CO2, a study released on Tuesday showed, amid growing pressure on the industry to bring levels down

The COVID-19 emergency

Greece exempts seafarers from entry restriction

Athens - Greece has exempted seafarers from COVID-19-related travel restrictions, meeting its pledge to the IMO to facilitate crew change. GAC Greece said that the Greek government has allowed seafarers entry into its country together with citizens of the following countries

The operation

Polaris with Shipping of Another Rotor Set from UAE to Spain

Dubai - Polaris Shipping Agencies have shipped out a second rotor set from Khalifa Port in Abu Dhabi to Escombreras Port in Spain. The OOC cargo had shipping dimensions of 12.20 x 4.05 x 3.85m and a unit weight of 95mt. The scope of work handled by Polaris included pre-carriage from the supplier, all origin export requirements and sourcing of a suitable vessel on liner terms hook/hook

After the restrictions

Maersk to stop taking waste to China

Denmark’s A.P. Moller-Maersk, the world’s top container shipping firm, said on Wednesday it would stop accepting solid waste shipments bound for China and Hong Kong from Septembe

The Finnish group

Wartsila reports halving in Q2 profits

Wartsila on Friday reported a 51% drop in quarterly operating profit, as demand for its ship technology and power plants slumped due to the coronavirus outbreak

"high uncertainty"

Hapag-Lloyd ups profits but warns of risks

German container shipping line Hapag-Lloyd on Wednesday reported preliminary results for the first half of 2020 showing core profits above those of the same 2019 period and upholding its guidance for full year earnings

By the end of July

Hapag-Lloyd Cruises to resume cruise operations

Hamburg - Germany-based Hapag-Lloyd Cruises has announced plans to commence sailing by the end of this month with the implementation of hygiene and preventive measures. The cruises will first begin from Hamburg on the "Europa 2" luxury ship and the "Hanseatic" inspiration expedition ship

The operation

Samsung Heavy Industries unveils innovations for Nigeria's shipbuilding industry

Seoul - Samsung Heavy Industries (SHI) is developing innovative methods to facilitate smart shipping by undertaking thorough research across their multiple research centres in Geoje, Daeduk and Pangyo in Korea. According to a statement issued by the company, the aim is not only to transform Samsung's shipyard at Geoje into a smart shipyard

The analysis

Demolition activity suffers as freight rates rebound

Athens - As freight rates, particularly in the dry bulk market, ships’ recycling activity has taken a hit. In periods of a strong market environment, demolition activity tends to suffer and this has occurred once more

The deal

Israel Shipyards supplies two OPV-45 vessels to an African Navy

Tel Aviv - Israel Shipyards announced July 9 the delivery of two OPV-45 Offshore Patrol Vessels to an African navy. The agreement to supply the ships was signed in order to provide significant protection against the increasing threat of piracy in the region. The agreement includes ongoing support and training of the technical and operational teams

The sip was built in 2000

P&O Cruises has sold the "Oceana"

Southampton - P&O Cruises announced that the "Oceana" has been sold and will leave the fleet. It makes the 2000-built 2,016-guest ship the first "modern" cruise ship sold due to the COVID-19 pandemic. A buyer or a sales price was not named. P&O Cruises president Paul Ludlow said: “Whilst we and many of our guests will miss "Oceana", her departure will allow us to focus on our remaining ships in the fleet"

The rating agency

Moody's: Global shipping sector outlook remains negative as earnings forecasts fall

London - Aggregate EBITDA of rated shipping companies will fall by around 16%-18% in 2020. Road to recovery will be long and bumpy. The outlook for the global shipping sector for the coming 12 to 18 months remains negative, Moody's Investors Service said in a new report. The outlook has been negative since March 2020

Clarkson's data

Global shipbuilding orders at historic low in H1

Seoul - Global new orders of ships fell to a historic low in the first half of the year amid the coronavirus pandemic, industry sources said Tuesday. In the January-June period, global new shipbuilding orders totaled 5.75 million compensated gross tons (CGTs)

The operation

TEN announces long-term charters for up to three Suezmax DP2 tankers

Athens - TEN announced the contract for the building of up to three suezmax DP2 shuttle tankers on long-term employment to a major European end-user. The vessels will be built in South Korea and the time charter equivalent minimum revenues to be generated over the duration of the respective contacts, should all be exercised, are expected at about $250 million

The project

Costa Crociere, the cruise terminal in Genoa ready before 2025

The terminal, which could be designed by the world-renowned architect Renzo Piano, will be built in the area of ​​the ancient port, the most prestigious area of ​​the city, a few hundred meters from the largest historical center in Europe

In Denmark and abroad

DFDS to cut 650 jobs

The Danish group DFDS, which operates freight and passenger transport services with a fleet of ferries and logistics services, announced its intention to cut 650 jobs due to the impact on the activities of the Covid-19 pandemic

Tourism and Covid-19

Spain maintains ban on cruise ships

Spain is to uphold a ban on cruise liners from docking at its ports to stop the spread of COVID-19, according to a ministerial order published on Saturday

Covid-19

Oil tanker quarantined in Antwerp

The Belgian port of Antwerp has quarantined a Maltese-flagged oil tanker until at least July 4 after more than half of its crew tested positive for COVID-19, the port authority said on Thursday

The COVID-19 effect

Hyundai Heavy Industries to merge shipbuilding, offshore units, streamline by 20%

Seoul - South Korea’s Hyundai Heavy Industries Co. said on Tuesday that it will merge shipbuilding and offshore & engineering divisions to streamline its mainstay business to survive coronavirus pandemic that has dampened global demand. According to the world’s largest shipbuilder, it will merge its shipbuilding and offshore operations July 1

The statement

CLIA: cruise lines extend suspension of operations from US ports until mid-September

Miami - “Due to the ongoing situation within the U.S. related to COVID-19, CLIA member cruise lines have decided to voluntarily extend the period of suspended passenger operations,” the association said in a statement. “It is increasingly clear that more time will be needed to resolve barriers to resumption in the United States.”