DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2018 – 113

Number 113 *** COLLECTION OF MARITIME PRESS CLIPPINGS *** Monday 23-04-2018 News reports received from readers and Internet News articles copied from various news sites.

The Kotug Smit operated tug RT ADRIAAN inbound for Antwerp Photo : Willem Kruit ©

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The YM ESSENCE outbound from Antwerp heading for London Gateway Photo : Willem Kruit © Dry Bulk Market: Grain Season Might Not Bear the Gifts It Usually Does for Ship Owners Traditionally, spring marks a rebound in dry bulk fixtures’ activity, on the back of increased grain trade and high ton-mile demand. However, according to shipbrokers, things might not be that smooth this time around. In its latest weekly report, Allied Shipbroking said that “at the very start of this month, the BDI was easing back below this aforementioned psychological benchmark, leaving many to doubt the recent upward trends that had been noted in the final quarter of 2017 and the first couple of months of 2018, while also doubting the validity and robustness of any proposition of a market recovery. This can be seen as a mere reflection of the recent disruptions in the international seaborne trade scene and the increased sentiment of uncertainty that has grappled most” “Moreover, this came to curb the overenthusiasm noted amongst market participants, something that was clearly reflected in both the second hand and newbuilding markets and came as a reminder of the fragility and volatility that characterize this industry, an industry, prone to exaggerations and to rapid changes. On the face of a 25% import tariff, many feared and focused on the impact of the Soybean market, given the huge export volumes that are involved in the US to China trade route. However, let’s not forget the importance the US plays in the overall grain market and more

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specifically in the wheat and maize trade”, said the shipbroker. According to Allied’s research analyst, Thomas Chasapis, “what’s more is that most tend to look upon the peaks in the seasonal grain trade as a strong driver in the market, helping boost momentum and drive the freight market forward. Yet, given that the wheat market is more fragmented from that of other commodities, with the total production being distributed in different regions and several different harvests periods, the market direction one can take is never really as clear as most would hope for. At the same time, it is a market that is also wildly susceptible to the byproducts of the random patterns in weather conditions, leaving limited room for any robust and serious forecasting of the market dynamics and how the trade will be shaped even in the short term”. Chasapis adds that “at this point, we seem to be within the main window of activity seen for wheat and maize exports out of the US, however with so much geopolitical turmoil it seems as though things have not been moving as smooth as we would like. The overall indications taken form recent fixture activity has already shown for a relatively lackluster start for the month of April, while it looks as though export volumes may well stretch out for a bit longer than usual and more normalized as to the share of the trade we will see concluded each month. We are still one month away from the main peak in the trade, when the combination of exports of several different grain commodities starts to really provide ample support in the market and we are already looking at potentially serious disruptions taking place. US represents 8% of the total wheat production, but close to 30% of the total trading in terms of tonne-miles. The US gulf plays a vital role in all of this and is the feeding ground for most of the freight rate spikes noted in the Panamax, Supramax and Handysize size segments in the past. Where we to experience a more subdued US grain season this year, most of these markets would likely be faced with a considerable demand shock. While at the same time and given that it is only of recent that the overall market forces have found a relatively sound balance between tonnage supply and tonne-mile demand, it could well bring for a severe setback for the overall trends of the dry bulk market as a whole”, Allied’s analyst concluded. Source : Nikos Roussanoglou, Hellenic Shipping News Worldwide

The AIDA STELLA arrived from Aqaba in Haifa Photo : Peter Szamosi ©

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The NORWEGIAN SUN about to depart Victoria BC Canada Photo : David Thomson - Orcades Marine © World’s biggest container ship stops over at Port Klang By M. Mageswari

CMA CGM Antoine de Saint Exupery berthed at Container Terminal 8, Westports container wharf, during its maiden voyage." THE world’s biggest container ship flying the French flag, CMA CGM ANTOINE DE SAINT EXUPERY , made a stop at Westports in Port Klang as part of its maiden voyage. Named after a French writer and a poet, the container vessel with a capacity of 20,600 TEUs (or 123km of containers) is 400m in length or longer than four football fields and 59m wide, bigger than The Empire State Building and the Eiffel Tower.It was berthed at Container Terminal 8, Westports container wharf that was completed last year. Westports has earmarked nine new high performance ship-to-shore cranes to handle Antoine de Saint Exupery’s containers. After this trip, the ship would be making Westports one of her regular ports of call using the same sea route service. Westports Malaysia Sdn Bhd chief executive officer Eddie Lee enthused that “Westports has forged a partnership with CMA CGM since 1998 and we have grown significantly over the past two decades”. “CMA CGM is now the third largest global container shipping company while Westports has emerged as one of the mega transhipment hubs and container terminal

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in South-East Asia,” he said. In recent years, Westports has invested more than RM2bil in enhancing its container terminal facilities and equipment to handle ultra-large container vessels such as CMA CGM ANTOINE DE SAINT EXUPERY The container vessel also has a new-generation engine that significantly reduces oil consumption and fuel consumption for a 3% average reduction of carbon dioxide emissions.vIt called at Westports on its French Asia Line 1 service, which is one of the longest sea routes in the world, connecting Asia to Northern Europe.vThis line offers a weekly service to 16 ports of call for a duration of 84 days. In his speech, CMA CGM vice- president for Asia regional office Mathieu Girardin said it is a technologically- advanced ship for the protection of the environment “We are clearly leading in protecting our environment,” said Girardin, who said that the company found Malaysia to be a strong base for its business activities. Port Klang Authority chairman Tan Sri Kong Cho Ha also commended the state-of-the-art technology deployed for the ship which has 30 crew members. Kong encouraged the company, a leading worldwide shipping group, to grow its business in Port Klang. “We will also make sure your business grows globally,” he added. Lee later revealed that Westports was in the midst of conducting a technical study for its future expansion plan, which is expected to take nine months to complete. He added that Westports, which has nine container terminals handling 14 million TEUs, has future plans to increase its container handling capacity to 30 million TEUs. Plans to build 10 more container terminals are being studied by the company. Source: The Star

The Indonesian flagged PACIFIC DEFIANCE anchored off Singapore Photo : Capt Jelle de Vries – Aqualis Offshore © Shipping Market Overview: Spring 2018 Six months ago we described the shipping markets as experiencing “improvements filtering through after hitting rock bottom in 2016”. This trend has continued with the ClarkSea Index averaging $10,767/day in 2017, up 14% y-o-y, but still 8% below trend since the financial crisis. The bulkcarrier and container market picked up significantly, with earnings increasing 77% and 25% y-o-y in 2017. Conditions in the LNG carrier market also improved last year, whilst the cruise, Ro-Ro and ferry markets have remained firm. However, tanker earnings fell by another 35% in 2017, to a 20 year low, with market conditions also depressed in 2018 so far. The LPG carrier sector also remains below trend, and whilst the offshore sector appears to have bottomed out, major challenges remain.The economic upswing we reported six months ago continues, with growth of 3.6% reported in 2017 and expansion of 3.9% projected in 2018 and 2019. There has been improved economic performance across the developed and developing world, including the maritime important Chinese economy. Improved commodity prices have also supported a number of regional economies. Seaborne trade grew by 3.9% in 2017, encouragingly the fastest rate of expansion in five years. Volumes totalled 11.6bt, equivalent to 1.5t per capita and 85% of world trade. Our forecast for 2018 suggests trade will reach 12bt tonnes, healthy growth of 3.5% and with a tonne-mile trend of 4.1%. Dry bulk trade grew 3.7% in 2017, with 3% growth projected in 2018. Container trade is projected to grow robustly in 2018 at 5%, following expansion of 5.4% in 2017. Oil trade growth slowed in 2017, although crude tonne-mile trade expanded by 5%, with similar trends projected in 2018. Chemicals trade has picked up (5% in 2017), whilst LNG trade is projected to grow by over 10% in 2018. Risks to seaborne trade remain, including from the recent protectionist policies proposed, but there are a range of positive drivers, including underlying Asian growth, with China’s ‘Belt & Road’ programme a potentially important factor.Newbuild ordering picked up in 2017, albeit from historical lows, with orders placed for 80m dwt. Just 150 yards took an order (ships 1,000+ GT) in 2017, down from over 600 in 2008. The orderbook now stands at 200m dwt (and $226bn), down 37% from start 2016 levels and to a manageable 10% of the fleet. ‘Non-delivery’ fell in 2017 but remained significant at 29%. Yard output is projected to slow by 20% in 2018 to 79m dwt, and by a further 14% in 2019, with further consolidation in shipbuilding capacity likely. In 2018 we expect Chinese yards to output 38% (by CGT) of global production.

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Recycling activity slowed in 2017, with 35.4m dwt scrapped, down 20% from 2016. Bulkcarrier and boxship scrapping slowed alongside improved market conditions, but tanker recycling picked up and in Q1 2018 reached the highest quarterly total in almost 20 years. The world fleet, now 1.9bn dwt, is projected to grow by 2.5% in 2018, the slowest pace for 16 years, and by just 2.2% in 2019. A record 93.1m dwt was sold on the sale and purchase market in 2017. Bulkers accounted for 50% of this volume, with strong investor interest, led by Greeks, whilst bulker and boxship values increased. Changes to the financial landscape continue to impact owners’ access to capital, while capital market activity rose slightly in 2017. Consolidation amongst owners remains an underlying trend. Focus on the environmental regulatory timetable continues to accelerate ahead of the 2020 global sulphur cap. Uptake of scrubbers and LNG as a fuel is picking up, but most owners are still taking a ‘wait and see’ approach on both ‘timing and technology’. SOx emissions limits came into force at the start of 2018 at ports within proposed Chinese ECAs, whilst uncertainty remains over how the industry will meet carbon emission targets. Digital technology continues to develop and is expected to have an increasing influence. Overall, whilst some shipping markets continue to face challenges, clear improvements are apparent elsewhere. At a broad level, shipyard capacity, environmental regulation, demand trends and finance availability remain key issues to monitor. While risks remain, sentiment has generally become more positive, and building blocks for further improvement seem to be in place as we move into the next phase of the cycle. Source: Clarksons

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The BRILLIANCE OF THE SEAS outbound from Amsterdam heading for Hamburg Photo : Simon Wolf © Solutions extends cable storage contract with one of Europe’s biggest cable manufacturer

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In 2017, Oceanteam Solutions was awarded a long-term contract to supply its client with port facilities, loadouts and storage of cables at Oceanteam’s own cable storage facility in Velsen Noord, The Netherlands. The 4-months extension follows a smooth cable transpooling from the client’s cable lay vessel to Oceanteam’s own cable storage carousels and a successful first year of storage For this long-term storage project, Oceanteam delivered two demountable carousels of which one has been upgraded and customised from 4000t to 5300t, according to the client’s cable specifications. Oceanteam also provides experienced cable handling crew Our cable storage facility is situated immediately behind the North Sea locks of IJmuiden, in the direct proximity of Amsterdam. The harbour is only 1.5 NM inward from sea and berths are safe and free of tidal movement. Another major benefit of the area is the easy accessibility for all modalities, such as good shipping possibilities to the inlands of Europe. Cable storage units (static tanks, turntables, cable baskets, reels) can be placed at every desired position and in every size. About Oceanteam ASA The Company is comprised of two operating segments, Oceanteam Shipping and Oceanteam Solutions. Oceanteam Shipping owns, charters and manages deep-water offshore support vessels and fast support vessels. Oceanteam Solutions' focus is to provide its clients with complete offshore solutions. Oceanteam ASA has been active in the industry as an offshore solutions provider for over twelve years. For more information: www.oceanteam.no

The DEEP ORIENT anchored at the Pasir Gudang Anchorage Photo : Capt Jelle de Vries – Aqualis Offshore © VLCCs, Place your bets! In 2018 so far, some 17 VLCCs have been ordered, which has expanded the orderbook by 17.0% in terms of vessel numbers, according to Alibra data. Of these ships, all but two are to be built at South Korean yards. One has been ordered in China and another in Japan. Almost 80.0% of the overall VLCC orderbook is scheduled to arrive this year and next, which could pose a problem if charter markets do not improve dramatically in the short term. VLCC earnings have, generally speaking, been on a downward trajectory since last year, although in the past two months much sharper falls in spot rates have been observed on MEG-US Gulf routes than those for MEGJapan as the US ramps up increased domestic production (and exports). The period market, meanwhile, has held steady. One-year timecharter rates are currently hovering at around the $22,000/day level, which is around $5,000/day less than what was being achieved this time last year. By looking at newbuilding prices reported in 2018 so far, it would seem that low prices are tempting owners back to builders. In March, Kuwait Oil Tanker Co reportedly signed a one-vessel contract at China’s Bohai Shipbuilding for just $79.7m. In South Korea, VLCC contracts have been going for around $87.0m since 2018 began. In contrast, three years ago China-built VLCCs were contracting at prices of close to $94.0m per vessel. While newbuildings have been getting cheaper during the past two years, secondhand prices have remained more or less flat. The Baltic Exchange’s five-year-old VLC (310,000 dwt) benchmark has been valued at around the $64.0m mark since June 2016 with only slight fluctuations. With the price differential between new and nearly-new ships having closed so rapidly in the intervening period, what better reason to say “to hell with it” and see what bargains shipbuilders can offer? Add to this the

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influx of “other people’s money” into shipping again. Funds have reportedly renewed their interest in investing in shipping, putting their money behind speculative asset plays and helping to fuel the VLCC newbuilding spree seen this year to date. Private equity previously had its fingers burned by shipping when it entered the space en masse from 2013 onwards. Let’s hope things are better this time around. Source: Alibra Shipping

The TSHD NORDSEE operating at the river Elbe Photo : Franky Moens ©

Passenger /roro SNAV ADRIATICO (ex Prinses Beatrix) arriving in Naples Photo : Jim Prentice © http://caledoniantransportphotos.blogspot.com http://caledoniantransportphotos-buses.blogspot.com http://caledoniantransportphotos-railways.blogspot.com http://caledonianmodelwarships.blogspot.com

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Motorjacht in brand nabij Terneuzen

De reddingboten van Breskens en Hansweert zijn vrijdagmorgen uitgerukt voor een brandend motorjacht. De opvarenden werden in veiligheid gebracht en er werd ondersteuning gegeven aan de brandweer. Iets voor half elf gaan de piepers af van de reddingbootbemanningen uit Breskens en Hansweert. In vaarwater Zuid-Everingen op de Westerschelde is er brand ontstaan op een motorjacht. Beide reddingboten spoeden zich richting Terneuzen. Ook Rijkswaterstaat patrouillevaartuig RWS 78 en de MULTRASHIP RESCUE 2 gaan ter plaatse. Wanneer de hulpdiensten ter plaatse komen blijkt het jacht droog op de zandplaat te liggen. De twee opvarenden staan veilig op afstand van het brandend motorjacht.

Twee opstappers van reddingboot ZEEMANSHOOP (Foto : Willem Kruit ) worden op de plaat afgezet om met de opvarenden te praten. Besloten wordt om de personen van de plaat te evacueren. De reddingboot haalt de mensen van de zandbank af en zet ze vervolgens af op de RWS 78. Reddingboot JAN VAN ENGELENBURG vaart terug naar Hansweert om daar de speciale maritieme brandweereenheid, MIRG, op te halen. Zij zullen ter plaatse de brand gaan bestrijden.Rijkswaterstaat blijft ter plaatse voor coördinatie. Bergingsbedrijf Multraship zal later het jacht bergen.Reddingboot ZEEMANSHOOP gaat retour naar Breskens.

The MULTRASHIP RESCUE 2 returning to the port of Terneuzen Photo : Willem Kruit ©

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The Kooijman built pusher tug VEERHAVEN X underway from Rotterdam to Duisburg, Germany, with 15000 tonnes of Iron ore and coal. Photo : Bas van Hoorn © Sanchi oil tanker investigations will be through by late May

Investigations uncovering the real causes of SANCHI oil tanker tragic incident in which the tanker burned and sank off the coast of China on January 6 will be completed by late May, MP Mohammad Reza Rezaei has said The Sanchi oil tanker carrying

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136,000 tons of Iran’s light crude oil was heading to South Korea when collided with a Chinese freighter off east coast of China. The collision set fire to the oil tanker and after days of burning. The taker eventually sank on January 14. Following the tragic incident all those aboard, including 30 Iranian sailors and two Bangladeshi ones were announced dead. There are four parties at fault including, Iran, Panama, China and Hong Kong as the Panamanian-flagged Iranian-owned tanker has collided with a Hong Kong-flagged Chinese-owned freighter, ISNA news agency qouted Rezaei as saying on Friday. So, once a ship fly a flag of another country - in this case Panama and Hong Kong - they must be accountable for the losses incurred on the vessels, crews and the cargos, he explained. Therefore, each country’s share in the Sanchi’s incident will be determined by the end of the Iranian calendar month of Ordibehesht, falling on May 21, the MP said, adding, both ships were insured and will be reimbursed accordingly by the international insurance companies. The back box is also retrieved and is being analyzed with representative from all for aforesaid countries in attendance, he said, stating, as per the primary investigations human error was the leading cause of the incident, however, the main party at fault is not decided yet. An team of experts from the Ports and Maritime Organization of Iran will travel to China next week and will follow-up on the issue to assert and stand up for the rights of the Islamic Republic of Iran and those who lost their lives in the accident, he highlighted. Source: tehrantimes Pinocchio Busy at La Reunion In the French Region of La Reunion, DEME Group’s backhoe dredger PINOCCHIO continues the works for the Nouvelle Route du Littoral DEME is executing the dredging, gravel bed installation and backfilling works of the 48 gravity-based foundations for the 5,400 m highway viaduct. The Nouvelle Route du Littoral program, being executed for the account of La Réunion, consists of preparation and foundation works for a dike offshore the existing ‘Route du Littoral’ between the regional capital Saint-Denis and La Possession. According to DEME, a trench has to be dredged wherein consequently rocks are placed using a side stone-dumping vessel. Also part of the project is the installation of a scour protection. Source: dredgingtoday

Monopiles on transport to the SIF situated on Maasvlakte II near to Futureland. Monoplies wil be used for installation of windturbines at sea. In the picture from Landtong Rozenburg passing Nieuwe Waterweg opposite to Hoek van Holland before crossing Breeddiep to destination. Photo ; Arie van Oudheusden © ALSO INTERESTED IN THIS FREE MARITIME NEWSCLIPPINGS ? CLICK HERE AND REGISTER FOR FREE !

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Vehicle Carrier HOEGH TRAVELLER navigating the Noordzee Canal coming from Amsterdam bound for Rotterdam Photo : Patrick Deenik © Vopak to invest in new storage capacity at its Rotterdam terminal Vopak Rotterdam Botlek is investing in 63.000 cbm state-of-the-art stainless steel capacity (15 tanks) for the storage of Styrene and other hazardous chemicals, the company said in its press release. Styrene is a vital product used in manufacturing of a wide variety of consumer goods serving markets such as packaging, construction (for example isolation) and automotive. The new infrastructure will be fully insulated to allow for product temperature control and is designed to prevent any emissions to the environment. The new storage capacity connects seaborne trade flows via barges, block-trains and trucks to the European hinterland. Source : Portnews SPS strengthens decks of offshore Côte d’Ivoire FPSO SPS has helped reinstate deck areas on-board MODEC’s FPSO Baobab Ivoirien MV10 while the vessel was on station, 25 km (16 mi) offshore Côte d’Ivoire. The contractor applied a reduced heat input method to reinstate steel in various areas on decks B, C, D, the top of the wheel house, and the upper deck. It used structural adhesives to fix perimeter bars to the deck and welded

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new top plates, 6-8 mm thick, to the bars to form air-tight cavities into which a 25-mm elastomer core was injected. Work on the three-month campaign finished in late February 2018. The vessel remained in-service throughout the project and according to SPS, operations were not impacted. SPS licensee, ASOM installed the steelwork while an SPS engineer supervised the injection of the elastomer core. “We proposed…an SPS low heat solution for the FPSO MV10 for a safe, rapid repair,” said Reagan Lim, project manager, ASOM. SPS operations manager Mohammad Farihim added that the solution adopted involved minimal heat input into the existing deck: “The associated risks were accessed and the use of SPS eliminated below deck work. This significantly reduced downtime and costs.” Source : offshore-mag

CLV SIEM AIMERY and CSC SIEM BARRACUDA as seen in Beatrice Offshore Windfarm Photo : Offshore Consultancy Groep (c) LOCATIONS MENTIONED IN THE NEWSLETTER ARE HYPERLINKED TO GOOGLE-MAPS FOR YOUR EASY REFERENCE OF THE LOCATION

The SILVER KENNA inbound for the IJmuiden locks Photo : Peter Maanders Port Towage Amsterdam © Seaspan Announces Senior Management Change Seaspan Corporation the world's largest independent containership owner operator, announced that Mark Chu has notified the company that he plans to step down from his roles as General Counsel and Chief Operating Officer to pursue other opportunities. Mr. Chu will remain in his current roles through August 31st, 2018 to help facilitate a seamless transition. Bing Chen, President and Chief Executive Officer of Seaspan said, "I would like to thank Mark for his many contributions to Seaspan over the years. I am pleased that he will remain in place for the next four months to ensure a smooth transition, and on behalf of the full management team, I wish him all the best in his future endeavors." David Sokol, Chairman of Seaspan's Board of Directors, said, "Mark has been a true professional in all aspects of his roles at Seaspan. I cannot thank him enough for his efforts since I joined the Board and through the transition over the past nine months. I wish Mark continued success moving forward." Mark Chu stated, "It has been a pleasure working at Seaspan with a team of dedicated and talented professionals, and I remain confident in the company's outlook under the leadership of David Sokol and Bing Chen. I look forward to spending Distribution : daily to 39.250+ active addresses 23-04-2018 Page 13 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2018 – 113

the coming months helping the team in any way possible to ensure an effective transition." Seaspan provides many of the world's major container shipping liners with alternatives to vessel ownership by offering long-term leases on large, modern containerships combined with industry-leading ship management services. Seaspan's operating fleet, including 4 newbuilding containerships on order scheduled for delivery to Seaspan by mid-2018, consists of 112 containerships representing a total capacity of over 900,000 TEU. Excluding newbuilds, Seaspan's operating fleet of 108 vessels has an average age of approximately 5 years and an average remaining lease period of approximately 5 years, on a TEU weighted basis.

The 2008 built norwegian tug BB SERVER, outbound from Rotterdam bound for Stavanger, passing Maassluis. Photo : Kees van der Kraan ©

Hurtigruten to Install LNG-Fueled Hybrid Power on Nine Cruise Ferries Norwegian cruise ferry operator Hurtigruten has announced a major investment in environmentally-friendly propulsion. Together with Rolls-Royce, it will repower as many as nine of its conventionally-powered cruise ships with LNG-fueled hybrid propulsion systems. The agreement is among the largest retrofit orders for LNG propulsion ever announced in the passenger vessel sector. Hurtigruten's arrangement with Rolls-Royce includes hybrid power systems, battery packs and LNG-fueled engines for six existing passenger cruise vessels, with an option for a further three. The upgrade will enable the former diesel-

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powered ships to reduce their CO2 emissions by at least 25 per cent. “This is an investment for the future, and a historic day for us, for the environment and for the whole, long Norwegian coastline," said Hurtigruten CEO Daniel Skjeldam. "The combination of battery packs with the most environmentally friendly and effective gas engines in the market will provide a huge gain for the environment. Hurtigruten was recently awarded licenses by the Norwegian government for seven out of 11 coastal ferry routes. One of the key requirements from the government was a reduction in CO2-emissions. With its plans for a major upgrade, Hurtigruten will be able to continue operating its existing fleet on the route and meet these environmental standards at the same time. The new contract for the coastal route starts on January 1, 2021. The agreement includes two of Rolls- Royce's gas-fueled main engines for each ship. Rolls-Royce will also supply its SAVe Cube power system, which uses a single integrated drive switchboard for the whole vessel. Additional battery power will also be installed, making the ships hybrid powered and reducing their fuel consumption. The retrofit will also include the Rolls-Royce Promas system, which combines rudder and propeller into one unit for efficiency gains of roughly two to eight percent, depending upon vessel type and speed.Newbuild LNG-fueled passenger vessels are rapidly gaining traction: Carnival Corporation and Royal Caribbean have more than a dozen LNG-powered ships on order for delivery over the next five years, and in the ferry segment there are countless examples, including LNG-fueled hybrid vessels. However, retrofits of LNG-fueled propulsion on existing passenger vessels are somewhat less common, and Hurtigruten's order is among the largest announced. While LNG and hybrid propulsions systems can be integrated into a newbuild's structure from the start of the design process, retrofits require the naval architect to work within an existing layout. Challenges for conversions include finding space for LNG fuel tanks, avoiding stability issues with the addition of new equipment and minimizing the risk of gas leaks. Recent passenger vessel LNG retrofits include the BC Ferries Spirit-class ferries, the Spirit of British Columbia and the Spirit of Vancouver Island, which will be converted to dual-fuel capability as part of a $140 million midlife refit. Source : MAREX

The BANGKOK HIGHWAY moored at Bonaire Photo : Henk Ram © EUROPE: GRUPO LOTOS AND PGNIG JOIN FORCES ON LNG BUNKERING PLANS LOTOS Asphalt and the Polish state-controlled oil and gas company PGNiG have signed an agreement to offer LNG bunkering services from the Świnoujści gas terminal in Poland. The companies inked the deal on 19 April at a conference dedicated to the use of LNG of a bunker fuel in the Baltic Sea region. The companies have already worked together on the provision on marine LNG, having undertaken over 30 LNG bunkering operations at the Stocznia Remontowa shipyard in Gdansk over the past year. Maciej Wozniak, vice president of the management board of PGNiG SA, commented on the new partnership: ‘The LNG terminal gives us very wide opportunities to use a price-competitive natural gas imported from various sources. We are convinced that the popularity of this organic fuel in the following years will grow. ‘Bunkering of ships LNG is not only an ecology, but also a business with optimistic prospects of development for both companies.’ ‘Lotus is engaging in an increasing number of alternative fuel projects,’ said Mateusz A. Bonca, Acting President of the Grupo Lotos S.A. ‘We know the Polish fuel market, including this for shipping, so cooperation with PGNiG on the LNG trade is part of the strategy for the development of our capital group. ‘Lotos strives to take a leading position in the implementation of the next generation of alternative fuels, which include CNG and LNG.’ According to an EU Directive, LNG bunkering points in European ports should be established by 2025,

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and the selected locations in Poland are at Gdańsk, Gdynia, Szczecin and Świnoujście. In January, Grupa LOTOS and Remontowa LNG Systems signed a letter of intent for the construction of a pilot LNG distribution system. This would be based on providing bunker supply through the use of LNG tanks and a system valves and pumps contained within a forty-foot- equivalent unit (FEU). Source : Bunkerspot

The COSTA FASCINOSA outbound from Malta Photo : Mario Schembri © Port of Seattle Kicks off Another Record Season By John Stansfield Over one-million passengers expected, with larger ships leading the way

The Port of Seattle embarks on another record cruise season with the arrival of the first ship – Norwegian Cruise Line (NCL) Sun, making it the biggest cruise port on the West Coast for the second year in a row. The Port expects 1,100,468 revenue cruise passengers this year, breaking last year’s record of 1,071,594. Larger cruise vessels to Alaska destinations are leading the way toward higher passenger counts. “The Port of Seattle welcomes the cruise season every year, as it provides over a half a billion in economic value to our region,” said Port of Seattle Commission President Courtney Gregoire. “These dollars reach businesses of all sizes, and we look forward to having more visitors stay and enjoy the beautiful state of Washington.” Port of Seattle Commissioners also approved the Port Valet program last week, a complimentary cruise luggage program where Seattle cruise passengers will be able to get their airline boarding pass and check their bags before leaving the cruise ship, so they can check out Seattle before flying home. “Port Valet is a wonderful way for visitors to leave their baggage and explore the great things Seattle has to offer,” said Tom Norwalk, CEO of Visit Seattle. “You can visit Pike Place Market, see the Space Needle, or even taste some wine in Woodinville before catching your flight home.” The Port will also welcome the NCL Bliss on May 30. At 4,000 passengers, Bliss will be the largest cruise ship on the West Coast this season. Source: Port of Seattle

Waiting in Plymouth Sound for space at the Cattewater wharves is the 2820 ton Antigua flagged cargo vessel KARIN LEHMANN, Photo : Raymond Wergan, Newton Ferrers (c)

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Jan de Nul’s dredger PINTA executing maintenance dredging works in the approaches to the port of Nieuwpoort when this works are completed Nieuwpoort is accessible for the largest yachts starting this summer season Photo : Dirk Neyts (c) Kreuz Challenger starts IRM duties for Shell offshore Brunei Kreuz Subsea's newbuild dive support vessel Kreuz Challenger

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Kreuz Subsea has mobilized the newbuild dive support vessel KREUZ CHALLENGER to support the company’s contract with Brunei Shell Petroleum BSP, which runs until 2022. This involves provision of inspection, repair, and maintenance services on offshore oil and gas structures in Negara Brunei Darussalam’s territorial waters, typically located in water depths of up to 80 m (262 ft). These include drilling platforms, production stations, mini-production stations with combined drilling and production functions, gas compression stations, vent jackets, two single buoy moorings, Brunei’s LNG loading jetty, and various pipelines.The DP-2 KREUZ CHALLENGER was purpose-built by the Vard shipyard in Norway to meet BSP’s standards and requirements, along with the current industry-recognized diving system assurance, DNV class standards, and IMCA regulations. It can accommodate 105 personnel and features a 100-ton active heave compensation crane, a 12-man saturation diving system, and a self-propelled hyperbaric lifeboat.Kreuz Subsea has formed a joint venture with Bruneian offshore marine services company SPHI Marine. Terms of the venture include developing local personnel with competencies in offshore commercial diving and ROV services and transfer of technical knowledge over the remainder of the BSP contract. Source: Offshore Mag

The SIEM BARRACUDA is at the moment working in the Beatrice OWF for Siem Offshore Contractors. She is assisting the SIEM AIMERY with her cable lay activities as well as her trenching activities. The SIEM BARRACUDA is seen transferring personnel specialized in HV Terminations and Testing as well as cable pull-in operations by a gangway system provided by Ampelmann. at OTM1 BE-G7 Photo: Master “Siem Barracuda” © VOS Napoleon commences Baltic-Sea charter Vroon announced on Thursday (Apr 19) that VOS NAPOLEON (MPI Napoleon), one of its larger crew-transfer vessels (CTV), has secured a charter in the German sector of the Baltic Sea. The vessel was delivered to her charterers Wednesday (Apr18) in Sassnitz on the German island of Rügen, ready to start operations in the coming days. In what will be her first charter in this sector, will be engaged in crew-transfer operations, shuttling technicians from port to their worksite at a nearby offshore wind farm. VOS NAPOLEON is a 22m alloy catamaran, has a passenger capacity of 12 and is able to reach a cruising speed of 24 knots. She is one of 13 owned and managed CTVs currently in service. Source: Vroon

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The BALMORAL inbound for Amsterdam heading fro the IJmuiden locks Photo : Simon Wolf © Norwegian Cruise Line takes delivery of its biggest ship ever, Norwegian Bliss By : Gene Sloan Add Norwegian Cruise Line to the list of cruise companies with a giant new ship.

Just three weeks after Royal Caribbean unveiled its biggest ship ever and two weeks after Carnival Cruise Line added a sizable new vessel of its own, Norwegian has taken delivery of its largest ship ever, the 168,028-ton NORWEGIAN BLISS. German shipbuilder Meyer Werft on Thursday handed over the 20-deck-high, 1,082-foot-long vessel to Norwegian during a ceremony in Bremerhaven, Germany. Capable of holding 4,004 passengers at double occupancy, Bliss has been under construction for more than a year at the Meyer Werft shipyard in Papenburg, Germany. It's the third ship in Norwegian's Breakaway-Plus series, which also includes the 165,157-ton NORWEGIAN ESCAPE and 167,725-ton NORWEGIAN JOY. The two earlier vessels debuted in 2015 and 2017, respectively. Completed in April 2017, Norwegian Cruise Line's NORWEGIAN JOY was one of the 10 biggest cruise ships in the world at the time of its debut. It was the first Norwegian vessel custom-designed for the Chinese market. Bliss isn't nearly as big as Royal Caribbean's new vessel, SYMPHONY OF THE SEAS — at 228,081 tons, the world's biggest cruise ship. But it ranks among the 10 largest cruise vessels of all time and is significantly larger than Carnival's new ship, the 133,500-ton CARNIVAL HORIZON. Bliss sailed from Germany to Southampton, England, where its maiden voyage with paying passengers was scheduled to begin last Saturday. Twelve nights long, the maiden voyage is a trans-Atlantic sailing to New York that comes in advance of a series of voyages in the Americas. Designed to have all the trappings of a major mega-resort, Bliss features such over-the-top amusements as a two-deck-high racing course where passengers compete against each other in electric go- carts — a first for a vessel based in North America. Like Joy and Escape, Bliss also has a sprawling water park with multistory water slides; a restaurant-lined boardwalk; Tony Award-winning production shows, including Jersey Boys; and a giant spa. Dining options include a modern Texas barbecue eatery called Q that will feature live pop country music — a new concept for the line. Bliss will spend the coming summer sailing to Alaska out of Seattle. It's also scheduled to sail out of Miami and New York over the next two years.

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The NORWEGIAN BLISS heading for Southampton for her first trans Atlantic cruise Photo : Flying Focus Aerial Photography www.flyingfocus.nl © The deployment to Alaska is notable in the cruise industry as Bliss will be the largest cruise ship ever to sail in the state. In a nod to the deployment, the vessel is adorned with hull art by marine artist Wyland that includes a giant image of a mother humpback whale and her calf. It's called Cruising with the Whales. Source: UStoday

The NHO PADRE BENJAMIN moored in the port of Santiago / Cabo Verde Photo : Hermann Hazenberg (c) Emas Offshore wins appeal against Oslo delisting By ; Janice Heng Emas Offshore's appeal against being delisted from the Oslo Stock Exchange has succeeded, the offshore gas and oil services provider said in a filing on Friday (April 20). On Feb 16, the Oslo Stock Exchange passed a resolution to delist Emas, which is dual-listed in Singapore and Norway, with effect from Apr 27. This was due chiefly to the company's inability to disclose financial information within the Oslo Stock Exchange's prescribed deadlines, Emas told the Singapore Exchange then. Emas appealed against the decision. As stated in an announcement by the Oslo Stock Exchange on Wednesday, the Stock Exchange Appeals Committee has repealed the original resolution to delist Emas, the company said on Friday Emas will thus remain listed on the Oslo Stock Exchange. A unit of Ezra Holdings, Emas is undergoing restructuring. Source : Straitstimes

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Pullmantur’s HORIZON outbound from Malta Photo : Mario Schembri © Diana Shipping announces time charter contract for m/v Arethusa with Glencore Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, through a separate wholly- owned subsidiary, has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Arethusa, the company said in its press release. The gross charter rate is US$12,600 per day, minus a 5% commission paid to third parties, for a period of minimum twelve (12) months to maximum fifteen (15) months. The charter is expected to commence on April 25, 2018. The m/v Arethusa is currently chartered, as previously announced, to Noble Resources International Pte. Ltd., Singapore, at a gross charter rate of US$7,200 per day, minus a 5% commission paid to third parties. The “Arethusa” is a 73,593 dwt Panamax dry bulk vessel built in 2007. This employment is anticipated to generate approximately US$4.54 million of gross revenue for the minimum scheduled period of the time charter. Diana Shipping Inc.’s fleet currently consists of 50 dry bulk vessels (4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax and 22 Panamax). As of today, the combined carrying capacity of the Company’s fleet is approximately 5.8 million dwt with a weighted average age of 8.66 years. Diana Shipping Inc. is a global provider of shipping transportation services through its ownership of dry bulk vessels. The Company’s vessels are employed primarily on medium to long-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.

The COASTAL RENAISSANCE navigating Active pass Photo : John Attersley Quay Marine Associates Inc. (c)

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ROTTERDAM LAUNCHES PORT CALL EFFICIENCY PLATFORM The Port of Rotterdam Authority has launched the first version of a digital application which, it claimed, allows vessels calling on the Port of Rotterdam to reduce their waiting time by an average of 20%The Port of Rotterdam Authority has launched the first version of a digital application which, it claimed, allows vessels calling on the Port of Rotterdam to reduce their waiting time by an average of 20% Pronto, whose name refers to the port information standards as established by the International Taskforce on Port Call Optimisation (of which the Port of Rotterdam is a member), is a platform for shipping companies, agents, terminal operators and other service providers for the exchange of port call-related information. According to the Port of Rotterdam Authority, the application combines public data, data from participating companies and predictions created by artificial intelligence to maximise the accuracy of information given related to a port call. This information is presented via a customised dashboard which lets the user filter the data and zoom in on timelines of individual port calls. In Pronto, when a vessel’s estimated time of arrival becomes known, the ship is given its own timeline, which specifies every activity that it will be involved in during its port call. The different events’ status and progress are continually updated in the dashboard, with users also able to program the application to automatically alert them if there is a relevant status update or a change of plan. The Port of Rotterdam Authority’s chief financial officer, Paul Smits, said that the platform had been extensively trialled across the last year during a development stage and that it will see further development and new features in the near future. He also explained that the port body will be making the application available to members of the Port of Rotterdam community, for either a fee or data, and that it anticipates that an increasing number of terminals in the port will begin using the platform, which will in turn boost the accuracy of its data. “The application allows all users to optimally plan, execute and monitor activities throughout the entire port call,” he said. “This yields concrete benefits for all parties involved.” Ed Barsingerhorn, general manager for Shell Shipping & Maritime for Europe and Africa — with Shell being one of the parties that took part in Pronto’s pilot last year — said that the trial convinced them of the platform’s added value, and that they had lowered departing vessels’ waiting time up to 20%. “It is essential that all parties involved in the process, including terminal and agent, work closely together and share relevant data,” he said. “When we exchange time stamp data not only in Rotterdam but also between ports, the improvement potential increases significantly.” Source : Port Strategy

Going strong as ever, TAKLIFT 4, being geared up for the next assignment in Rotterdam-Waalhaven Photo : Dirk van Uitert (c) 2 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on April 19-20

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2 vessels were escorted by icebreakers in the eastern part of the Gulf of Finland during 24 hours on April 19-20, says Ice Operations Headquarters of the Baltic Sea Ports Administration. Since the beginning of this winter navigation season icebreakers performed 2254 operations including 1199 operations at Big Port St. Petersburg, 366 operations at the port of Vyborg and Vysotsk, 202 operations at the port of Primorsk and 487 operations at the port of Ust-Luga. According to Ice Operations Headquarters, the convoy meeting point is cancelled from 16 April 2018. When waiting for the permit to enter seaports of Vysotsk and Primorsk, the vessels are recommended to use anchorage No 16 at the south-east of the Hogland island. Between the entrance buoy and the Dock-Gate Building C-1: mostly ice-free water. Between Dock-Gate Building C-1 and 1the Golden Gate: mostly ice-free water as well as in the water area, basins and harbors of the port. Between the port of Vyborg and the port of Vysotsk: rotten shore ice of 10-20 cm thick. On the canal: brash ice with concentration of 1/10ths to 3/10ths. Between the port of Vysotsk and the Rondo island: 10-20 cm thick rotten shore ice. On the fairway: brash ice with concentration of 1/10ths to 3/10ths. Between the Rondo island and Buoy No. 4 of Big Ship Channel: mostly ice-free water. At port Primorsk: rotten shore ice of up 10-20 cm thick. On the canal: ice-free water. Between buoys No 3-4 and buoy No 6 of the Big Ship Channel: 5-15 cm thick ice with concentration of 5/10ths to 7/10ths. Further westwards: mostly ice-free water. At the port of Ust-Luga: ice-free water. Between buoy No 1 of the Big Ship Channel and the entrance buoy of Big Port St. Petersburg: mostly ice-free water. Source: portnews

Beira Port Entrance: UACC SILA, 49999 dwt, draft 12.15 m, passing buoy 23 inbound. From left to right dredger ARUANGUA, dredger SAGAR MANTHAN (van OORD), UACC SILA and dredger ALCANTARA SANTOS. Photo: Pilot Marthan Klein © Wärtsilä welcomes global shipping’s agreement to cut greenhouse gas emissions The technology group Wärtsilä announces its strong support for the agreement reached last week at the International Maritime Organization (IMO) in London. The agreed plan is for shipping to reduce its greenhouse gas (GHG) emissions by 50 percent from 2008 levels by 2050, the company said in its press release. “This long-awaited agreement represents an important milestone for global shipping. It is critical that we have an industry-wide framework for reducing emissions, and this sends a clear signal that we should all join forces in promoting carbon-free shipping,” says Jaakko Eskola, Wärtsilä’s CEO. “The next extremely important step must be to define concrete abatement measures, and to establish a clear roadmap together with the industry and decision-making bodies.” Maritime transport has always played a major role in making it possible for a truly global economy to function. Shipping connects countries and markets, thus forming the backbone of international trade. The sector has, therefore, a responsibility to strive for sustainable performance in its operations so that emissions and pollutants are minimised. Wärtsilä has long focused its development work on introducing technologies that enable shipping to significantly lower its environmental load. “It is vital to note that there is no single solution for decarbonising the shipping sector while also controlling the other pollutants,” Eskola points out. “A clean-shipping future must be based on the combining of different technologies and various solutions. These will include cleaner fuels, efficient vessel designs, hybrid propulsion technologies, and intelligent vessels.” Increased adoption of liquefied natural gas (LNG) as a marine fuel will be needed to accelerate the reduction in GHG. The progress already made in LNG-related innovations can lower emissions of GHG from vessels by as much as 30 percent. The potential for even further reductions is being created by the constant development of new technologies. LNG as a marine fuel has a crucial role in GHG reduction roadmap, and provides the basis for other actions to even further reduce the emissions of shipping. Wärtsilä puts a great effort to create offering enabling effective utilisation of LNG. Digitalisation is benefitting society at large and will have a positive impact on shipping. Wärtsilä’s Smart Marine vision, which utilises high levels of digitalisation and connectivity, aims at increasing overall resource efficiency, minimising the environmental burden, and increasing the safety and reliability of maritime transport. “We should look beyond just vessel-level emissions. To be truly effective, we need to target everything involved in moving goods and passengers. At Wärtsilä, we envision a Smart Marine

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Ecosystem wherein smart vessels sail between smart ports in an environment of optimal efficiency and minimised emissions,” comments Jaakko Eskola. In welcoming this IMO agreement, Wärtsilä urges all relevant parties to join forces in making shipping more sustainable. Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2017, Wärtsilä’s net sales totalled EUR 4.9 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki. Source: Portnews

The JASMINE KNUTSEN off Macduff Photo : Alan Soutar © SEA\LNG reiterates LNG’s central role in meeting IMO’s decarbonisation goals SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, supports the level of ambition outlined by the IMO’s Initial Strategy. It believes that the accelerated uptake of LNG as a marine fuel can play a significant role in the decarbonisation of the shipping sector while enabling it to comply with short- term regulatory demands of the IMO 2020 global sulphur cap, SEA\LNG said in its press release. LNG, in combination with efficiency measures being developed for new ships in response to the IMO’s Energy Efficiency Design Index (EEDI), will provide a way of meeting the IMO’s decarbonisation target of a 40% decrease by 2030 for international shipping. It far outperforms conventional marine fuels in terms of minimising local emissions to improve air quality and can significantly reduce GHG emissions. LNG emits zero sulphur oxides (SOx) and virtually zero particulate matter (PM). Compared to existing heavy marine fuel oils, LNG emits 90% less nitrogen oxides (NOx), and through the use of best practices and appropriate technologies to minimise methane leakage, realistic reductions of GHG by 10-20% with a potential for up to 25% compared with conventional oil-based fuels can be expected. Advancements in dual fuel technology and propulsion, enhanced control systems, and future use of gas turbine technologies present further opportunities for increased GHG reductions. It is a future-fit local emissions solution for shipping companies and the associated supply chain. Due to its minimal local emissions, LNG effectively insulates companies from the impact of future, more demanding national, regional, and global air quality regulations. LNG is a proven marine fuelling solution and is available now. Alternative fuels such as hydrogen and ammonia are not economic, not available at scale, and unproven for shipping operations. They will require huge investments by industry and governments over decades to realise their potential. By contrast, LNG provides a commercially viable means to address key environmental needs today. It

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is in use now and has proven itself to be an effective and safe marine fuel and has the capacity to scale rapidly to meet the needs of the marine industry. SEA\LNG believes that LNG offers a commercially viable bridging solution to a zero-emissions shipping industry, with immediate local and GHG emissions benefits. LNG-fuelled vessels and bunkering infrastructure can easily switch from fossil-fuel LNG to renewable, or zero-emissions LNG, meaning that investment in LNG-fuelled ships and bunkering infrastructure today does not lock the shipping industry into a high GHG emissions trajectory. LNG offers a bridge to a zero- carbon future – bioLNG (from biogas) can be used as a ‘drop-in’ fuel, significantly reducing GHG emissions. While longer term, ‘power-to-gas’ is a key technology with the potential to produce large volumes of renewable LNG. SEA\LNG brings together key players from across the supply chain, including shipping companies, classification societies, ports, major LNG suppliers, downstream companies, infrastructure providers and OEMs (original equipment manufacturers) to address market barriers and transform the use of LNG as a marine fuel. SEA\LNG is a not for profit collaborative industry foundation serving the needs of its member organisations. SEA\LNG’s members include: ABS, Carnival Corporation & plc, Clean Marine Energy, DNV GL, Eagle LNG Partners, ENGIE, Gas Natural Fenosa, GE, GTT, JAX LNG, Keppel Gas Technology, “K” LINE Group, Lloyd’s Register, MAN Diesel & Turbo, Marubeni Corporation, Mitsubishi Corporation, Mitsui & Co., Ltd., Novatek Gas & Power, NYK Line, Petronet LNG, Port of Rotterdam, Qatargas, Shell, Société Générale, Sumitomo Corporation, Total, TOTE Inc., Toyota Tsusho, Uyeno Group of Companies, Yokohama-Kawasaki International Port Corporation (YKIP), and Wärtsilä. SEA\LNG is guided by a board, which is led by chairman Peter Keller. Each member organisation commits mutually agreed human resources, data analysis and knowledge sharing in support of SEA\LNG initiatives and activities and financially contributes via a membership fee. The SEA\LNG coalition was established by Xyntéo, an advisory body which works with global companies to identify and implement collaborative initiatives that enable businesses to grow in a new way, fit for the resource, climate and demographic realities of the 21st century. Source: Portnews

the LIAMARE, having arrived from Rekefjord, offloading rock onto a barge with the works vessel SARAH GREY and tug NEW ROSS alongside. The operation is taking place off Port Mulgrave, North Yorks Coast of the North Sea, with the rock being ferried into Runswick Bay to be used to strengthen the sea defences there Photo: Alastair Smith © WMU supports IMO climate change strategy for shipping The World Maritime University welcomes and supports the International Maritime Organization’s climate change strategy for shipping that was announced on 13 April 2018. IMO’s Marine Environment Protection Committee (MEPC), during its 72nd session at IMO Headquarters in London, adopted the Initial IMO strategy on the reduction of greenhouse gas (GHG) emissions from ships and aims to eradicate them by the end of this century. “I wish to congratulate the IMO and its member States on this important and necessary response to the threat of climate change in line with the 2015 Paris Agreement on Climate Change. The fact that more than 100 member States agreed on the significance of action in reducing GHG from international shipping speaks more than words. WMU has an important role to play through education, research and capacity building, in achieving IMO’s vision for a GHG-free shipping industry,” stated WMU President Doumbia-Henry on the occasion of the adoption of the Initial GHG Strategy. Climate change affects all aspects of human life and rising sea levels, erosion, sedimentation patterns and a multitude of factors, including GHG emissions from international shipping, have a negative impact on ports and ship channels. IMO’s Initial GHG Strategy constitutes a framework for member States, setting out the future vision for international shipping, the levels of ambition to reduce GHG emissions and guiding principles; and includes candidate short-, mid- and long-term further measures with possible timelines and their impacts on States. The Initial Strategy also identifies barriers and supportive measures including capacity building, technical cooperation and research and development. The 2018 IMO Initial GHG Strategy marks a high point in a long-standing effort to adopt mandatory energy-efficiency measures for an entire industry sector. From the beginning, the World Maritime University (WMU) has been a firm supporter of IMO’s efforts to

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develop a suite of technical and operational requirements for new and existing vessels that entered into force in 2013 with the objective for new ships built in 2025 to be 30% more energy efficient than those built in 2014. WMU has been at the forefront of maritime energy management education offering a Master of Science specialization on the subject and in January 2017 the University hosted the International Conference on Maritime Energy Management. Further, WMU contributes to comprehensive training courses on Energy Efficient Operation of Ships and the organization of IMO-WMU train-the-trainer workshops on energy efficient operation of ships under the IMO-GEF-UNEP “The Global Maritime Energy Efficiency Partnerships Project” (GloMEEP Project). In addition, the newly established WMU-Sasakawa Global Institute has a specific interest in undertaking oceans and climate change research and capacity-building as a central strand in its research mission. Source: portnews

ATLANTIC TERN heads out of Halifax Harbour as SUNSHINE ACE arrives from New York City, Photo : René Serrao © NAVY NEWS

The patrol vessel P 264 moored in port of Santiago / Cabo Verde Photo : Hermann Hazenberg © South China Sea: Australian Navy Vessels En Route to Vietnam Received Warnings From Chinese Navy Australian warships found themselves in a confrontation with the People’s Liberation Army-Navy in the South China Sea. By Ankit Panda Earlier this week, reports emerged in the Australian press that three Royal Australian Navy vessels en route to Vietnam for a three-day goodwill port call were involved in a confrontation with the Chinese People’s Liberation Army-Navy (PLAN) in the South China Sea Per reports, two Anzac-class frigates, HMAS ANZAC and HMAS TOOWOOMBA, and one Durance-class replenishment ship HMAS SUCCESS received warnings from unspecified PLAN vessels in the disputed waters. According to ABC, which first reported on the encounter, interactions between the Australian and Chinese sailors were polite, but “robust.”

It’s unclear precisely where the Australian vessels were at the time of their encounter with the Chinese ships. According to a statement given to ABC from the Australian Defense Department, the three Australian vessels had previously visited Subic Bay and were en route to Vietnam, putting them on a course to traverse the northern reaches of the Spratly Islands to their

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eventual destination of Ho Chi Minh City. The vessels may have come near one of China’s artificial islands, but this is not clear from what’s so far been reported in the Australian press. Nothing indicates that the Australian vessels were tasked with conducting a freedom of navigation operation near a China-occupied feature, but Beijing has grown sensitive to so-called presence operations by foreign navies, including the U.S. Navy, in recent months. “The Australian Defence Force has maintained a robust programme of international engagement with countries in and around the South China Sea for decades,” the Australian Defense Department told ABC. Meanwhile, the Chinese Ministry of Defense released a statement contesting the facts of the encounter. “On April 15 China’s naval vessels encountered Australian naval ships in the South China Sea. China’s ships used professional language to communicate with the Australian side. China’s operation is lawful and conforms to conventions. It is professional and safe,” the statement noted. Asked about the reports on Friday, Australian Prime Minister Malcolm Turnbull provided little additional detail. “All I can say is we maintain and practice the right of freedom of navigation, and overflight, throughout the world,” he told reporters. “And in this context we’re talking about naval vessels on the world’s oceans, including the South China Sea, as is our perfect right in accordance with international law.” Australia has seen a robust domestic debate on the extent to which its naval forces should support efforts by the United States and other states to assert freedom of navigation rights in the South China Sea, where China maintains a capacious claim under its nine-dash line. Canberra has conducted aerial and surface operations in the South China Sea, but has not joined the United States in joint freedom of navigation operations. Under the Trump administration, the U.S. Navy has increased the frequency of these operations, drawing Chinese criticism. This week’s encounter between the Australian and Chinese navies also comes shortly after the PLAN staged a massive fleet review in the South China Sea. Chinese President Xi Jinping surveyed as many as 48 warships and 76 fighters from the PLAN’s North, East, and South Sea Fleets. In addition to China, five other regional states maintain claims in the South China Sea, including the Philippines, Vietnam, Brunei, Malaysia, and Taiwan. Source: the diplomat

Serco's personnel vessels SD PADSTOW and SD NEWHAVEN bring training and support crew out to an Astute class nuclear submarine on a brief visit to Devonport April 19 during working up to deployment ....she is probably the fourth in the 7400 ton class ,"AUDACIOUS , launched last year and due to be commissioned into the fleet later this year. Photo : Raymond Wergan, Newton Ferrers.(c)

Russia’s Shipbuilding Program: Postponed Blue- Water Ambitions Publication: Eurasia Daily Monitor Volume: 15 Issue: 59 By: Ihor Kabanenko Russia’s shipbuilding program for 2011–2020, under which the country plans to build over 100 new warships (Military Paritet, February 7, 2012), is reportedly causing “a very bad feeling” among some Russian naval experts (Topwar.ru, August 10, 2016). They describe the current status of the Russian Navy as a “ceremonial fleet” and have suggested that one third of the shipbuilding program has resulted in little more than a “donut hole” (Nezavisimoe Voennoe Obozrenie, December 22, 2017; March 3, 2018). The ongoing production difficulties appear linked to insufficient naval shipbuilding capacity and a problematic manufacturing process. The country’s largest shipbuilding complex is the more-than-300-hectare Sevmash Production Association, located in Severodvinsk, which features 100,000 square meters’ worth of covered slipways (Flotprom.ru, accessed April 17). The yard has already transferred to the navy four early-model Borei-class nuclear-powered ballistic-missile submarines (Regnum, March 18). Additionally, 11 fourth-generation improved nuclear submarines—the pride of the Russian nuclear fleet—are currently under construction (five Borei-A-class and six Yasen-M-class subs). However, only two are expected to be commissioned before the end of 2020. Sevmash is presently undergoing reconstruction to modernize its obsolete facilities and address chronic personnel shortages as well as labor discipline violations (Izvestia, March 20, 2018; Flotprom.ru, November 18, 2015).

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Four more shipbuilding complexes are based in St. Petersburg. The most capable is arguably the Admiralty Shipyards, which has already built six improved Kilo-class conventional submarines between 2010 and 2016; two more are planned to be commissioned by 2020. A couple modestly capable Lada-class diesel-electric submarines have been under construction since 2005, and both are planned to be commissioned by 2020 (Rossiyskaya Gazeta, March 21, 2018). The shipyard is also building an Ivan Papanin–class Arctic-zone patrol ship, but it will not be ready earlier than 2023–2024, because of ongoing financing problems (RIA Novosti, March 21). The enterprise’s profits in 2017 decreased by 40 percent compared to 2016 due to modernization efforts. Another St. Petersburg naval shipyard, the Severnaya Verf, is continuing to fulfill defense contracts for two multi-purpose ocean-going Admiral Gorshkov–class frigates. Defense Minister Sergei Shoigu has determined that these frigates will form the backbone of Russia’s blue-water fleet (see EDM, May 12, 2017). But twelve years after construction began on the original Admiral Gorshkov (which lends its name to the ship class), this frigate has yet to be commissioned because of the absence of a domestic-made analog to the gas turbines Russia used to purchase from Ukraine. Additionally the Polyment-Redut air-defense complex, designed to be outfitted on the vessel, continues to exhibit technical problems (RIA Novosti, February 27). The Severnaya Verf shipyard is also building five Steregushchiy-class missile corvettes; in total, six to eight such ships are supposed to enter service by 2020. The other two major shipbuilding facilities on the Neva River, in St. Petersburg, are the Sredne- Nevsky Shipyard and the JSC Leningrad Shipyard Pella. The first specializes in producing Georgie Kurbatov–class minesweepers. The initial of these has already been handed over to the Navy, while the second was laid down in 2017 and is planned to be commissioned before the end of 2020 (Snsz.ru, accessed April 18). The shipyard has been working on slip reconstruction since 2016. The Leningrad Shipyard Pella builds 23-ton Raptor-class fast boats. According to the defense order, twelve such boats have already been commissioned (RIA Novosti, October 10, 2017), and two more are planned to be built in 2018 (Topwar.ru, December 13, 2017). The shipyard has also signed a contract to build four Karakurt-class small missile ships, but apparently they will not be ready before the end of 2020 (TASS, November 24, 2017). OJSC “Zelenodolsky Plant named after A. M. Gorky” (located in Tatarstan Republic) builds small Buyan-M-class missile ships and Nikolay Sypyagin–class patrol ships. Five Buyan-Ms have already been built, and six more are currently under construction (Zdship.ru, February 23), including two or three that will likely be transferred to the navy by 2020. Six patrol ships, destined for the Black Sea Fleet, are in the process of being built; a couple are scheduled to be commissioned by 2020 (Topwar.ru, March 27). Five small Karakurt-class missile ships are also supposed to be constructed by this shipyard, and at least a pair may be commissioned before the end of 2020 (Lenta, June 29, 2017). Two more shipyards, Amur Shipyard (Komsomolsk-on-Amur) and Baltic Shipyard “Yantar” (Kaliningrad), appear to be less overburdened by orders. The Amur Shipyard has nine docks inside closed heated slipways, but the facility needs modernization. Only three Steregushchiy-class missile corvette hulls were laid there, and the building process met with serious lags (Izvestia, February 2, 2018). Three Karakurt-class missile ships are also under construction in Komsomolsk-on-Amur, but problems with financing and engine procurement call into question whether these ships will be ready by 2020 (Flotprom.ru, February 6). The Yantar Shipyard has been building a large amphibious Ivan Gren–class vessel since 2004. This ship has yet to be commissioned due to ongoing issues with the shipbuilding process and financing (TASS, April 4). In 2011, the Yantar also began construction of six Krivak V–class frigates. Three have already been commissioned, but construction of the next three was frozen because of Ukrainian gas turbine sanctions. Reportedly, at least of two of the incomplete frigates will be sold to India (Interfax, February 28). Moscow is also trying to build new naval vessels at shipyards in illegally annexed Crimea. Three Karakurt-class corvettes have already been laid down in the More shipyard (TASS, December 19, 2017). Several of these vessels are planned to be built at the Zaliv shipyard as well. But likely, those corvettes will not be commissioned before the end of 2020. Russia’s naval construction program continues to suffer from multiple problems, including the shortage or obsolesce of Russian shipbuilding facilities, financial and management problems, as well as technological flaws and lack of access to foreign components—notably Ukrainian-made engines. As a result, a serious gap exists between planned and expected warships. Up to 2020, Russia is likely to operate 5 out of 20 new nuclear submarines, 9 of 20 frigates, 4 of 14 small missile ships, 16–18 out of 41 corvettes and patrol ships, 1 of 6 amphibious ships, 2 minesweepers, and 14 out of 14 fast boats. Such limited numbers of new ocean-going vessels, problems with modernizing older ships (Vz.ru, February 26, 2018), along with reductions to military expenditures (Wek.ru, March 27) may compel Moscow to postpone its blue-water ambitions. Nonetheless, several hundred more long-range cruise and anti-ship missiles deployed to its forthcoming small naval platforms will still likely increase security threats to littoral countries within Russia’s neighborhood. Source: Jamestown Foundation ALSO INTERESTED IN THIS FREE MARITIME NEWSCLIPPINGS ? CLICK HERE AND REGISTER FOR FREE !

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❄ HMS TRENCHANT Having burst through the ice of the North Pole Photo : Royal Navy SHIPYARD NEWS

Sungdong Shipbuilding placed under court receivership A South Korean court on Friday placed a financially troubled midsize shipbuilder under its receivership, a spokesman said. Shin Sung-hoon, spokesman of the Changwon District Court, said Deloitte Anjin LLC, an auditing company, will carry out due diligence on Sungdong Shipbuilding & Marine Engineering Co. to determine the company’s value of liquidation and its going concern value. “We will decide whether to continue the court receivership or liquidate the company after reviewing a report by Deloitte Anjin,” Shin said by phone from the industrial city of Changwon, about 400 kilometers southeast of Seoul. The court decision came more than a month after the Export-Import Bank of Korea, the main creditor bank of Sungdong Shipbuilding, warned that the Tongyeong-based yard could face bankruptcy during the second quarter following a severe credit crunch. “Given its current financial status, any fresh injection of funds into the company will be irrecoverable due to its deteriorating competitiveness,” Eun Sung-soo, chairman and president of Korea Eximbank, said at a news conference last month. EY Han Young accounting-consulting firm has said Sungdong may be able to survive if the company cuts 40 percent of its workforce and creditors are persuaded to inject fresh funds. Under the creditor-led restructuring that began in April 2010, a total of 2.7 trillion won (US$2.5 billion) was poured into the shipbuilder, resulting in no tangible results. It won only five ships in 2017, sharply down from 43 in 2013, amid a slump in oil prices and a slowing global economy Source: Yonhap

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As the last barge rolls off the line, Jeffboat workers say goodbye to an era and their jobs By : Pat McDonogh, It's a centuries-old profession that will no longer be a part of our community. Jeffboat, one of the largest inland shipbuilders in the country, is closing its doors. The closure comes in the midst of a heavy lull in the barge industry, according to a March statement announcing the company closure. At its peak during World War II, Jeffboat hired more than 1,300 employees. As the work comes to a close the head count is around 80 workers. Glen McMahan, 64, a gantry crane operator, has worked at Jeffboat for 42 years. "This place has meant a whole lot to me. I always loved my job here and I hate losing it, but that's what's happening," McMahan said. "I ain't made up my mind yet what I'm going to do. My knees are kinda wore out from over the years. This work is rough on you after so many years." Many of the traditions of boat building have not changed at Jeffboat over the years. Barges are still launched by hand, men with axes cutting the vessels free. There are no robot welders building these ships — only men. But constantly shifting and changing technology has put a damper on the work done at Jeffboat. Source: courier-journal. Cochin Shipyard sees Rs 185 mn loss due to ONGC ship fire incident However, CSL has an insurance cover for the vessel under Ship Repairer's liability policy worth Rs 150 million The expected loss due to the fire onboard SAGAR BHUSHAN, the oil rig of Oil and Natural Gas Corporation Ltd (ONGC) at the ship repairing facility of Cochin Shipyard Ltd (CSL) in Kochi, which claimed the lives of five people, is Rs 185.1 million. In a regulatory filing on Saturday, CSL said that the company has completed a damage survey on the ship and has estimated the expected loss to the shipyard on account of the fire accident to be Rs 185.1 million. "However, CSL has an insurance cover for the vessel under Ship Repairer's liability policy for Rs 150 million. The claim has been lodged with the insurance company," it said. The incident occured on February 13, and the preliminary assessment has been that it was caused by momentary explosion of high impact near the A/C plant, situated above the ballast tank. This left five people dead immediately and seven injured. Source : Business Standard ROUTE, PORTS & SERVICES

Petrobras starts production of Búzios field, Santos Basin Petrobras started (20/4) the production of the Búzios field, in the pre-salt of the Santos Basin, through the platform P-74. Búzios is the first field in production under an Onerous Assignment regime. The P-74 is located about 200 km off the coast of the state of Rio de Janeiro, at a water depth of 2,000 meters and is the thirteenth platform to enter into operation in the Brazilian pre-salt. Due to the high production potential of Búzios, in addition to the P-74, between 2018 and 2021 four more platforms will be destined for this field, each with the capacity to process daily up to 150,000 barrels of oil and 6 million cubic

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meters of gas. Búzios is one of Petrobras' main pre-salt projects and will contribute to the company's production increase in the horizon of the 2018-2022 Business and Management Plan. Source : Marinelink

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Bulkcarrier Earnings: How Far Have We Come? Following the historically challenged market seen in 2016, earnings in the bulkcarrier sector improved substantially in 2017, with more positive demand side trends across a number of dry bulk commodities seeing the erosion of some excess capacity. Trends in 2018 so far have been mixed, so just how far along the road to rebalancing has the bulkcarrier sector come? Having fallen to a 17-year low of just $6,218/day in 2016, average bulker earnings increased 77% y-o-y to $10,986/day in 2017, driven largely by an acceleration in dry bulk trade growth. In 2018 so far, the bulkcarrier sector has seen further gains from last year, with average earnings in Q1 up 24% y-o-y at $11,393/day. While the percentage increases sound impressive, how does recent market performance compare historically? One way of putting this into context is to look at how far earnings have come from their lows in Q1 2016 compared to long-term averages. Using this approach, average bulker earnings in March 2018 of $11,928/day were 64% of the way back to the historical average (based on Jan-2000 to Mar-2018 data) from the bottom of the cycle in February 2016 (when average bulkcarrier earnings fell below $4,000/day). While market conditions are still below the long-term trend, the more positive fundamentals over the last 18 months or so have driven a significant overall improvement. However, this improvement has not been uniform across all size sectors recently. Average Capesize spot earnings stood at just $8,719/day in March 2018, down 38% y-o-y, reflecting weak Chinese iron ore demand in Q1 as well as a number of seasonal factors. This represents an upwards movement of just 23% from the March 2016 low of $1,071/day towards the historical average of $34,123/day. However, just three months previously in December, Capesize earnings stood at $23,737/day, the highest monthly average in four years, and representing a level around 64% of the way back towards today’s historical average. In contrast to the Capesize sector, the smaller bulker sectors have seen further gains so far this year. Panamax and Supramax earnings both reached multi-year highs of almost $14,000/day in March 2018, equivalent to over 70% of the way back to historical average levels from the lows seen in early 2016. The Handysize sector has also seen a clear improvement, with average earnings of $10,082/day in March representing an upwards movement of more than 80% of the way back to the historical average. In general, the smaller sectors have benefitted from improved growth in coal, grain and minor bulk trade over the last year. So, even while the Capesize market is currently taking a partially seasonal pit stop, average earnings in the bulker sector are now statistically more than half of the way back towards the historical average. While there have already been twists and turns along the road towards rebalancing, it is clear that the bulker sector as a whole has come quite a way from the historical lows seen back in 2016. Source: Clarksons Ship owners Active on Specialized Product Markets Are Finding Themselves Cornered These Days The market for specialized trades has taken a turn for the worst of the past period, as a result of negative fundamentals. In its latest report, shipbroker Intermodal noted that “the return of traders and charterers from the Easter festivities came along with a slight increase in activity across the edible oil markets. However, in most cases tonnage supply has been more than enough to meet demand and rates have been moving sideways as a result. At the same time the CPP markets are not supporting the situation at all, while a trade war between China and USA is having its own effect in certain routes. Additionally, changes on import/export taxes in the regional palm oil market are also shaping the cargo flow”. According to Intermodal’s specialized products expert, Mr. Stelios Kollintzas, “as things stand, fundamentals in the veg oil market ex- South America are in charterers favour. CPP freights in the West have been in the doldrums and this is having an effect on veg oil freights as well, as several CPP owners try to find leverage on alternative markets. In addition, an increased import of CPP into Argentina/Brazil is building a long tonnage list in the South Atlantic”. Kollintzas added that “as if there were not enough negative factors in the market, the threat of China imposing import taxes on US agricultural products, including soy beans, is causing additional headache to traders. The tax, which is considered a countermeasure on taxes already imposed by US on several products imported from

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China, is making traders cautious. This is to say that while soybean price from US has depreciated, the premium gained on the back of it by the soybean price from Argentina and Brazil, has in many cases made the product too expensive for the local crushers to buy. For the record, freight rates are still moving sideways at last done levels, USD mid-30s pmt bss 2/2 (South America/ India) on min 40,000mt. Freight rates from the Black Sea are currently under pressure”. “While there is a steady flow of cargoes, the poor CPP market is pushing more Handy and MR tankers to look at loading sunflower oil from the Black Sea, however, shipments for the latter size are becoming scarcer lately. The 30- 35,000mtons parcels to India are currently paying about USD high-30s/low40s, while 35-40,000mtons parcels to China are paying about USD mid-40s, depending on port combination. The long-haul palm oil market has generated some decent rates during the past month. However, given that the tonnage list for May is longer, unless there is an increase in activity, the positive trend is unlikely to continue. The rates for FOSFA MR ships on a TC Trip Far East/Europe are currently between 15,500-16,500 USD/pd. Looking into the regional market, it is evident that the increased tax by 14% on India’s palm oil imports has had a significant impact on the country’s buying interest. On the contrary, Malaysia’s decision to suspend export taxes on CPO until the end of April has been partly offsetting the lack of activity in the region. Moreover China’s recently imposed 25% tariff on US soybean imports could generate a growth in demand for regional palm oil, as CPO can be used as an alternative in certain circumstances”, Intermodal’s analyst concluded. Source: Nikos Roussanoglou, Hellenic Shipping News Worldwide Recently Biuro Okrętowe BAOBAB (Baobab NavalConsultancy) published the third edition of DICTIONARY OF MARINE TECHNOLOGY, Compiled by the Naval Architect Jan Babicz supported by his daughter Katarzyna, the English Translater & Consultant.

The new version is the result of nearly 20 years of studies and experience with writing and publishing maritime dictionaries. It contains the enlarged “classic dictionary”, set of specia lglossaries, list of acronyms and abbreviations, as well as 190 full color pages of picture dictionary: 428 pages all together.

DICTIONARY OF MARINE TECHNOLOGY (ISBN 978-83-925155-3-1) The price is 40 EUR plus postage. Ordering directly via the publisher, e-mail: [email protected]

Yinson, Japan's Sumitomo to collaborate in FPSO, FSO biz By : Erika Benjamin Yinson Holdings Bhd and Japan's Sumitomo Corp plan to jointly pursue and collaborate in the leasing and operation of floating production storage and offloading (FPSO) and floating storage and offloading (FSO) projects worldwide. Yinson said the collaboration will provide an opportunity for the two companies to establish collaboration based on the respective party's expertise and strengths, for venturing into the targeted business. "The new collaboration will potentially enhance the capacity of Yinson to take on larger FPSO and FSO projects and provide access to Sumitomo's global business network and local expertise," it added. In a filing with Bursa Malaysia today, Yinson said both companies have entered into a long-term and binding memorandum of understanding (MoU) for the purpose. Under the collaboration, Yinson will oversee and conduct the overall project implementation while Sumitomo is tasked to seek competitive logistics and financing on top of enhancing the overall value chain from upstream to downstream of any selected projects. Yinson and Sumitomo will also work on a best effort basis in relation to other potential collaboration in the field of energy infrastructure business. This includes liquefied natural gas (LNG) related projects such as LNG regasification for the power industry, and other similar offshore energy infrastructure opportunities. The MoU will be valid for a period of 10 years. In a separate statement, Yinson said Sumitomo has participated in 26% equity in Yinson Production (West Africa) Pte Ltd (YPWAPL) through a Japanese consortium which is nearing completion. YPWAPL is the owner of FPSO JOHN AGYEKUM KUFUOR , which is currently operating at Offshore Cape Three Point Block in

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Ghana. "We trust that, with the combination of Yinson's knowledge and expertise in FPSO and FSO business and Sumitomo's financial strength and network, the collaboration is likely to have higher potential in winning new projects," said Yinson group chief executive officer Lim Chern Yuan. At 3.21pm, Yinson shares were down 6 sen or 1.47% at RM4.02, with 103,100 shares done, bringing a market capitalisation of RM4.37 billion. Source: the Edgemarkets Geen extra haltes voor waterbus in Schiedam, Maassluis en Vlaardingen Schiedam, Vlaardingen en Maassluis worden voorlopig niet aangesloten op het net van de waterbus. De gemeenten hadden graag een halte gezien, maar dat is te duur blijkt na onderzoek in opdracht van de Metropoolregio Rotterdam Den Haag. Voor reizen over water is te veel subsidie nodig en het is nog onzeker of er genoeg reizigers zouden zijn om de kosten te dekken. Daarom kiest de RET er voorlopig voor te investeren in de metro, laat een woordvoerder zaterdag aan RTV Rijnmond weten: "Met de metro kunnen meer mensen worden vervoerd en het is ook sneller." Momenteel geeft de metropoolregio ieder jaar 2 miljoen euro subsidie voor vervoer over water. Voorlopig wordt dat vervoer in Rotterdam en omgeving niet uitgebreid. Wel wordt onderzocht of een sneldienst tussen Dordrecht en Rotterdam kan worden gerealiseerd. Ook zou een extra halte bij bedrijventerrein het Rivium bij Capelle aan den IJssel een optie zijn. Source: RTVRijnmond © MARITIME ARTIST CORNER

‘Oilpainting of m.v. KROONBORG in Delfzijl harbour in the sixties. Painting is owned by Wagenborg. For more information please visit the website www.nicompeeters.nl ‘

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…. PHOTO OF THE DAY …..

The CROSBY ENDEAVOR getting ready to connect to the Crowley barge moored alongside Heerema’s DCV BALDER at the Shell Appomattox location Photo : Fred Mos ©

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