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FRYING PAN

Coast Guard Secures Adrift Barge

A Coast Guard crew secured an adrift double-hulled barge carrying 5.5 million gallons of petroleum product off the southern coast of North Carolina. Members of Coast Guard Sector North Carolina's prevention department hooked towing gear to the tug Justine Foss, with the help of a rescue boat from Station Wrightsville Beach. Justine Foss is the same tug that responded to the original distress call of the tug Valour's crew. The Coast Guard team was lowered from a Marine Corps helicopter based in Cherry Point, N.C. The Marine helicopter was requested because of its proximity to the operating area. While adrift, the barge hit and displaced the #16 red buoy near Frying Pan Shoals off Wrightsville Beach, N.C. It does not appear that the buoy caused any damage to the barge. The barge was originally set adrift after its tug, the Valour, turned around to recover a crewember that fell overboard in heavy seas. During the search for the crewman, the tug began taking on water and later sank. The search continues for one crewman. Of the other eight, one crewman is confirmed dead, one is believed to have gone down with the tug, one is in Wilmington, N.C., one is en route to Elizabeth City, N.C, and four are safe aboard the Justine Foss. The Coast Guard suspended the search for the last missing crewman of the tug Valour just after midnight this morning. Coast Guard crews searched more than 1700 square nautical miles over a period of 16 hours.


General Dynamics Names Marzilli President of C4 Systems

General Dynamics announced that, effective January 1, 2006, Chris Marzilli will become president of subsidiary General Dynamics C4 Systems. He will report to Jerry DeMuro, General Dynamics executive vice president and group executive for Information Systems and Technology. Marzilli will succeed Mark A. Fried, 59, who is retiring. Marzilli has worked in the defense information systems and technology industry for more than 20 years


STX Pan Ocean to spend $810

STX Pan Ocean a South Korean shipping firm, said on Wednesday it would spend about $810 million in 2008 on new vessels including bulk ships and containers. STX Pan Ocean , listed in Seoul and Singapore, also said in a filing to the Korea Exchange it would buy four bulk ships for 143.9 billion won ($153.2 million) by 2010.


STX Pan Ocean Orders $215M LNG Carrier

STX Pan Ocean has ordered an LNG carrier from Korean shipbuilder Hanjin Heavy Industries and Construction. The vessel will be built at a cost of $215 million. Delivery is expected before 2010. STX Pan Ocean recently reported a 71 percent jump in full-year earnings to $279.8 million on a 20 percent increase in sales to $2.7 billion. Source: ChannelNewAsia


Pan-United Marine Wins $64m Contracts

Pan-United Marine , a Singapore shipbuilder, has won two shipbuilding contracts worth a total of $64m. Delivery of the vessels is expected to be at the end of 2009, Pan-United said.


Pan United Tugboat Goes Missing

According to an April 21 report from ChannelNewsAsia.com, Pan United tugboat, P-U 2007, went missing in waters off Kuantan in Malaysia the night of April 19. Nine crew members were on board the tugboat, which belongs to Pan United's wholly-owned subsidiary, P.U. Vision. The tugboat which was towing a barge, also owned by P.U. Vision, was en route to Thailand. (Source: ChannelNewsAsia.com) According to the ReCAAP Information Sharing Centre Incident Alert and Bryant’s Maritime News


Panamax Dry Bulker Delivered to STX Pan Ocean

Bulk Ship STX Horizon: Photo credit STX Pan Ocean

STX Pan Ocean takes over the 83,000 dwt class Panamax, 'STX Horizon', its first new-build delivery of the year. Having concluded strategic contracts for long-term transportation with domestic and international shippers including POSCO, Hyundai-Steel, KEPCO subsidiaries, Vale and Fibria in Brazil, STX Horizon will be added to the the owner's list of vessels to service these various contracts. A company official said: “Although current dry bulk shipping market is depressed


Alion Awarded CG(X) Contract

Alion Science and Technology has been awarded a contract to support the Navy in managing the design and acquisition of the Navy's next generation Guided Missile Cruiser, CG(X). The award, a delivery order under the NAVSEA SeaPort Enhanced (SeaPort-e) contract, has a potential value of $127.8m over five years. The base year value is approximately $18.6m. CG(X) will be a surface combatant tailored for joint air and missile defense and joint air control operations providing airspace dominance


Global Industries Wins Safety Award

Global Industries was awarded the 2009 National Ocean Industries Association (NOIA) Safety-in-Seas Award on April 16, recognizing their contribution to the safety of life offshore for energy workers. Global Industries was selected by a panel of judges from the U.S. Coast Guard, the Minerals Management Service and the National Academy of Science's Marine Board. NOIA President Tom Fry said, "Global Industries demonstrated that safety is priority number one


Germanischer Lloyd Inaugurates Office Facilities in Dalian

With an open day and a ceremonial dinner Germanischer Lloyd has opened its new office facilities in Dalian last week. More than 150 representatives of new building and repair shipyards, ship owners and manufacturers of materials and components from Dalian and the surrounding area attended the event hosted by Station Manager Tian Tao. Vice director of Tian Jin Xingang Shipyard, Mr. Pan Yan Zhong, congratulated Germanischer Lloyd Dalian on the occasion and highlighted the technical support


Syscorp Focuses on Domestic Routes

Image: Shin Yang Shipping Corp Bhd

 Shin Yang Shipping Corp Bhd (Syscorp) has shifted the focus of its container shipping business to domestic routes in the face of continued volatility in the international container shipping market, reports the Star.   The leading Malaysian shipping company has realigned its focus to


Kongsberg Installs CCTV System for USCG Icebreaker

USCGC Polar Star (Photo: USCG)

Kongsberg Maritime has delivered a complete new CCTV system to the U.S. Coast Guard for its heavy icebreaker vessel Polar Star (WAGB-10). The delivery follows a CCTV System upgrade on Polar Star’s sister vessel, the USCGC Healy Polar Ice Breaker, in 2013.


DP World Tops Middle Eastern Index

DP World Chairman HE Sultan Ahmed Bin Sulayem

  For the third year running, DP World is the top stock in the S&P/Hawkamah Pan Arab ESG Index. The index is the first ever of its kind in the Arab world and ranks the transparency and disclosure of regional listed companies based on Environmental


Energy Firms Partner to Cut Costs in the North Sea

Photo: Petrofac

Petrofac, Faroe Petroleum and Eni Hewett have established a cost-saving partnership to drive efficiencies and commercial synergies across U.K. operations in the Southern North Sea.   The tripartite agreement sees collaboration between Petrofac (Duty Holder) and the respective equity owners


DBR Enters Cruise Vessel Market

Image: DBR

DBR announced its expansion into the cruise ship industry following a partnership with a Dutch engineering and installation company in the marine and offshore industry. The latter company is currently working on a project that involves the upgrade of the electrical safety system onboard two cruise


CG Sets Port Condition Whiskey in Preparation for Hurricane Joaquin

The Coast Guard set Port Condition Whiskey Wednesday for all navigable waters in the North Carolina Captain of the Port Zone in preparation for the anticipated weather impact of Hurricane Joaquin. Gale-force winds of 39 mph are predicted to reach Frying Pan Shoals Lighted Buoy 16 (LLNR 8355)


Asia Dry Bulk-Capesize Rates to Climb

Shipowners confident rates will climb on tighter tonnage supply; Shipowners seek rates premium for Australian coal cargoes. Freight rates for capesize bulk carriers could continue to recover as ship owners scent the possibility of higher cargo volumes on tighter tonnage supply, ship brokers said


Nan Tsing Suspends Operations

Image: Kwai Tsing Container Terminals

 Chinese domestic container carrier Nan Tsing Container Lines has ceased operations of its entire shipping fleet as it struggled with mounting debts, says local media.   This leaves more than 40 containerships operated by the shipping lines have been detained at several major ports in


CMMI Establishes Kolkata Chapter

Members of the Kolkata Chapter

  The formation of a chapter of The Company of Master Mariners of India (CMMI) last week in Kolkata comes as a major break-through. Though CMMI was formed in India in 1956, with its Head office at Mumbai, it was able to establish in 12 chapters at various cities in India such as


Titanic's Last Luncheon Menu Heading to Auction

Image: Lion Heart Autographs

More than a century after first-class passengers aboard the ill-fated Titanic ate grilled mutton chops and custard pudding in an elaborate dining room, the ship's last luncheon menu is expected to fetch up to $70,000 in an online auction, a curator said on Monday.  


Ecopetrol, JX Nippon Team Up to Explore Brazil Offshore

BLOQUE BRASIL FZAM320

  Ecopetrol reports it has established an Alliance with Japan’s JX Nippon Oil & Gas Exploration through its affiliate in Brazil, Ecopetrol Óleo e Gás to explore the FZA-M-320 block, located in shallow waters of the Foz Amazonas basin on the equatorial margin of the


French Cruise Company PONANT Signs GAC UK

PONANT’s ‘Le Boréal’ will be seen at ports around the UK and Ireland under GAC UK’s agency in May & June 2016

PONANT Yacht Cruises & Expeditions has appointed GAC UK as its agent for all United Kingdom and Ireland port calls in 2016. PONANT’s 142m and 132 cabin megayachts Le Boréal and L’Austral will cruise around the British Isles and Ireland, including the Scilly Isles


Intelsat 34 Satellite Launched Successfully

Satellite Launch aboard an Ariane 5 vehicle

  Intelsat S.A. today reported that its Intelsat 34 satellite was launched successfully from French Guiana aboard an Ariane 5 vehicle. Liftoff occurred at 4:34 pm EDT.  The Intelsat 34 satellite separated from the rocket’s upper stage 40 minutes after launch, at 5:14 pm EDT


Allcargo Acquires 2 Vessels for Coastal Operations

Allcargo Leela

  Allcargo Logistics has announced the acquisition of two additional vessels aggregating 24000 DWT. for its coastal shipping business. Post this acquisition Allcargo now owns a total of five cargo vessels making it one of the largest players in the logistics industry


Adani Ports Consolidated PAT for Q1FY16 Up 13%

Photo Adani Port

  Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and part of Adani Group, today announced the financial results for the quarter ended June 30, 2015. Consolidated cargo across all ports handled by the company was 40 MMT in Q1FY16






 
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