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
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
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
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
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
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.
Opal Marine, the UK’s largest sailboat distributor has collected a host of awards for outstanding sales of Island Packet yachts in the UK. The awards were presented to Island Packet Sales Director, Bob Stokes during the recent annual Island Packet dealer’s banquet and awards ceremony in Annapolis, USA. For the third year in a row Opal picked up the “Million Dollar Club” award which is aimed at an elite group of dealers who have succeeded in
Island Offshore has agreed a new 2-year contract for the SCV Island Pioneer with Ocean Mexicana SA de CV. The sub-sea construction vessel (SCV) has been working for OM since delivery in April 2006 and the new contract will run in direct continuation with the current contract. Island Pioneer is of P101 Ulstein Design and is equipped with DP II, a 140 ton offshore crane and accommodation for 87 persons. The vessel will perform a variety of subsea and light construction work during this
The US Coast Guard says that its crewmembers are responding to a fuel spill in the vicinity of Government Cut in Miami, following a leak discovered aboard the 95-foot tugboat 'Neptune'. Upon further investigation, it has been determined that an estimated 2
A passenger ferry carrying about 470 people was listing badly off South Korea's southwest coast and had sent a distress signal, a Korean coast guard official said on Wednesday, and a rescue mission was underway. Korean television news reports said the ferry was sinking and that many of the
Van Oord has been awarded a contract for dredging and maintenance work for the western access channel to the port of Surabaya in Indonesia. The client is Indonesian port company PT Pelabuhan Indonesia III (Persero). The contract is worth over EUR 50
Four Mexican nationals, who were illegally fishing in U.S. waters off South Texas were rescued, after their lancha began taking on water during a pursuit by the crew of the Cutter 'Brant', informs the US Coast Guard. The Coast Guardsmen spotted a lancha crew recovering long-line fishing gear
Approximately 34 yachts are expected to participate in a race from Hong Kong to the Philippines will take place from April 16-21, GAC said in its daily Hot Port News report. The race will commence on Wednesday, April 16 at 1:20 p.m. off the Causeway Bay Typhoon Shelter
Philippine navy will soon return to a South China Sea island it lost to Vietnam 40 years ago to drink beer and play volleyball with Vietnamese sailors, symbolising how once-suspicious neighbours are cooperating in the face of China's assertiveness in disputed waters.
The U.S. Coast Guard said continues its search for a skiff with two people aboard near Ujae Atoll, Wednesday. Assisting in the search is an HC-130 Hercules airplane crew from Coast Guard Air Station Barbers Point, Oahu, the Republic of Marshall Islands’ Pacific Patrol Boat RMIS Lomor and
The Philippine navy will soon return to a South China Sea island it lost to Vietnam 40 years ago to drink beer and play volleyball with Vietnamese sailors, symbolizing how once-suspicious neighbors are cooperating in the face of China's assertiveness in disputed waters.
The U.S. Coast Guard and Mexican Navy held a seminar Tuesday in South Padre Island, to update the MEXUSGULF plan for a future coordinated response to a spill in the Gulf of Mexico that would impact both countries. MEXUSGULF is a joint contingency plan between the United States and Mexico
U.S. Coast Guard crews are responding to a second grounded barge near Long Boat Key, Fla., from a tugboat that was beset by heavy weather Tuesday. Due to deteriorating weather, the barge spuds were unable to keep the 140-foot barge from drifting to the beach
A 180-foot barge ran aground on Anna Maria Island after breaking free from a tug boat early Tuesday morning. Coast Guard watchstanders at Sector St. Petersburg received notification at 2 a.m., Tuesday, that the operator of tug Abe H was having difficulty steering due to weather and was unable
The U.S. Coast Guard (USCG) sets the standards passenger vessels, such as the Staten Island Ferry, must meet and then inspects the vessels regularly to ensure that they are in compliance. For large passenger vessels, the Coast Guard conducts four safety inspections each year
The U.S. Navy Maritime Liaison Office in Bahrain has advised that the Master of a merchant vessel reported being approached by a suspicious skiff north-east of Socotra Island, in position 13.14.20 N/056.34.10 E on or about 1530 UTC on Saturday (5 April).
Effective shoreline clean-up efforts are on-going, Saturday, along Mustang, South Matagorda and North Padre islands in response to the Texas City oil spill. As of sunset Friday, response workers have removed a total of 200,775 pounds of oiled sand and oiled debris from the shorelines of Mustang
When Imtech Marine was asked to supply a hybrid propulsion system to the first ever diesel electric, hybrid seagoing ferries to the Scottish state-owned ferry operator, Caledonian Maritime Assets Ltd. (CMAL) in 2011, fuel savings of around 20% were expected, the company said