Baltic Trading Limited (NYSE: BALT), a drybulk company focused on the spot charter market, announced that it has taken delivery of the Baltic Breeze, a Handysize newbuilding. The Baltic Breeze is the final vessel to be delivered to the company under Baltic Trading's agreement previously announced on June 9, 2010 to acquire three Handysize vessels from companies within the Metrostar group of companies. The company has signed a novation agreement for the vessel's current time charter with Cargill International S.A., for an initial duration of 45.5 to 50.5 months and a minimum expiration of August 2014. The rate for the spot market-related time charter will be based on 115% of the average of the daily rates of the Baltic Handysize Index (BHSI), as reflected in daily reports. Hire will be paid every 15 days in advance net of a 6.25% brokerage commission, which includes the 1.25% commission payable to Genco Shipping & Trading Limited. Baltic Trading will not be responsible for voyage expenses, including fuel
Ferus Smit will launch newbuild bulk carrier Arklow Breeze on Friday, March 20 at Westerbroek. Arklow Breeze is the sixth and last vessel of a series to be delivered to a client from the city of Arklow, Ireland. The design is a bulk oriented general cargo ship that will be mainly employed in the shipment of wheat, corn and other bulk commodities in European waters. The hull form adapts the bulbless principle, creating a slender bow without bulb
Crewmembers from Pre-Commissioning Units (PCU) Makin Island (LHD 8) and Mesa Verde (LPD 19) wrapped up the first Pascagoula Surface Line Week (SLW) competition on Feb. 9. This week of events matched the two amphibious ships against each other for the honor of ‘Top Gator’ in events, which were divided into two categories, professional and athletic. In the professional events, participants competed in Cable Building with Soldering
The 53,000 dwt bulk carrier, 'Thor Breeze' has been delivered by Ha Long shipyard, Quang Ninh Province to Thailand ship-owners Thoresen Co. Mr. Do Van Thau – the Vice General Director of Vinashin and representatives of the ship-owner were present at the ceremony. The double-hulled bulk carrier is 190 m in length, 32.26 m in breadth, 17.50 m in depth and with a 12.60 m draught. The main engine is a MAN B&W 6S50 MC-C 9
Falmouth Coastguard has been assisting a cargo vessel which had six people on board and began sinking 12 miles east of the Lizard. The Sea Breeze is an 87m Barbados flagged cargo vessel with six crew onboard. It is carrying 2,750 tons of limestone and was bound for Shoreham at the time of the incident. Lizard and Falmouth RNLI Lifeboats and a rescue helicopter from RNAS Culdrose attempted to pump water out of vessel, the ‘Sea Breeze’, with their own pumps
The dangers of shipping and fishing should not be underestimated, said seafarers’ charity Apostleship of the Sea, following the collision of a car carrier and a fishing boat in Spanish waters. Media have reported that three crew are confirmed dead after the Baltic Breeze, a Singapore-flagged car carrier, collided with a fishing boat near the Spanish port of Vigo in the early morning of Tuesday, April 1. The Baltic Breeze and its crew are well known to the Apostleship of the Sea
A Coast Guard helicopter crew from Aviation Training Center Mobile, Ala., hoisted seven boaters who were stranded on Chandeleur Island, Miss., today. The helicopter crew diverted from a training mission after hearing the report that the 29-ft. fishing vessel, Island Gypsy, from Biloxi, Miss., with seven people onboard, was taking on water. The crew of the Island Gypsy grounded the vessel on Chandeleur Island while the helicopter crew was en route.
Blount Boats, Inc. has been awarded a contract by the Maine Department of Transportation to build a 110-ft passenger ferry for the Casco Bay Island Transit District. The design specifications are similar to the Aucocisco III, which were developed by Seaworthy Systems. The proposed 399 passenger, Sub-Chapter K vessel will operate year round ferry service to islands in Casco Bay, Portland, Maine. The vessel will be equipped with electronically controlled diesel engines that meet the latest
Dynamic modeling of sea-level rise, which takes storm wind and wave action into account, paints a much graver picture for some low-lying Pacific islands under climate-change scenarios than the passive computer modeling used in earlier research, according to a new U.S. Geological Survey report. A team led by research oceanographer Curt Storlazzi of the USGS Pacific Coastal and Marine Science Center compared passive "bathtub" inundation models with dynamic models for two of the
iSURVEY has been awarded a two-year contract with offshore vessel owner, Island Offshore Management, which will see iSURVEY AS provide positioning services to Island Offshore as part of a call off arrangement. Operations have already commenced on the first vessel, Island’s DP2 Light construction vessel, the Island Valiant. Following current well head cutting work in the Danish sector, iSURVEY will be supporting Island Offshore for further subsea work in the North Sea.
The crews of the Coast Guard Cutters Capstan, Cleat and Chock are working this winter to break ice and maintain navigable waterways from the Delaware River, through the Chesapeake and Delaware Canal, down to Tangier Island, Virginia.
There are calls for a new institution to manage Asia’s maritime disputes - a proposal for Maritime Organization for Security and Cooperation (AMOSC) is in the offing. Last year (2014) brought new tensions to the South China Sea
Police are investigating the apparent drowning of an American cruise ship passenger off at Disney’s private island in the Bahamas - Castaway Cay in the Abacos. The incident happened on Thursday afternoon, and a lot of details are not yet known about the situation.
The Director of U.S. National Intelligence, James Clapper, has expressed his concern at the progress of China in maritime zones it shares with its neighbors, accused China of expanding its outposts in the South China Sea in an “aggressive” effort to exert sovereignty.
The crew of Coast Guard Cutter Alex Haley returned to Kodiak Sunday following a successful 70-day deployment patrolling more than 10,800 miles throughout the Bering Sea and Aleutian Islands. Alex Haley, known as the “Bulldog of the Bering,” departed Kodiak on Dec
Coast Guard personnel detained the tanker Overseas Jademar in Port Angeles, Monday. Port State Control officers, from Coast Guard Sector Puget Sound, discovered several significant safety violations during a port state control exam of the Marshall Island-flagged tanker
Schettino accused over loss of cruiseship in January 2012. Charges include manslaughter, causing shipwreck, abandoning ship. The former captain of the doomed Costa Concordia on Wednesday gave his final address to a court where he is being tried over the loss of the giant cruiseliner
Greek authorities have rescued 11 crew members of a Cypriot-flagged freighter which ran aground off a Greek Aegean island early on Wednesday, the Greek coastguard said on Wednesday. The "Goodfaith" cargo ship, which was sailing empty from the port of Elefsina - close to Athens - to
U.S. Coast Guard personnel on Monday detained the oil tanker Overseas Jademar in Port Angeles after several safety violations were discovered during a port state control exam. Marshall Island-flagged tanker Overseas Jademar was en route from Malaysia to Anacortes
The captain of Hong Kong and Kowloon Ferry’s Seasmooth passenger ferry, Lai Sai-ming, was on Saturday found guilty of 39 counts of manslaughter over the 2012 Lamma island ferry disaster. He was also found guilty of endangering the lives of others at sea by a Hong Kong court
Carnival Corporation today announced it will begin welcoming guests at its new $85 million Amber Cove port in the Dominican Republic beginning in October 2015. The facility, which represents the largest cruise industry investment ever made in the Dominican Republic
Severe Tropical Cyclone Marcia is predicted to intensify to a Category 4 system as it crosses the Queensland coast between Mackay and Gladstone early on Friday morning with destructive winds with gusts of up to 270 km/h expected near the core of the system.
China's creation of artificial islands in the South China Sea is happening so fast that Beijing will be able to extend the range of its navy, air force, coastguard and fishing fleets before long, much to the alarm of rival claimants to the contested waters.
Japan and China plan to resume security talks with focus on maritime issues as early as April after a four-year hiatus amid simmering tensions over territorial disputes, AFP reports. A meeting planned for Tokyo, which would be the first since January 2011 in Beijing
New satellite imagery reveals Chinese advances in ongoing land reclamation project in the South China Sea, reports The Australian. Intensifying concerns about Beijing’s territorial ambitions, the images show a ¬dra¬matic expansion in China’s construction of