Freight rates for panamaxes trading the Pacific remained firm due to a flurry of business ahead of the Lunar New year, shipbrokers said on Tuesday. In the Far East, owners of larger panamax sizes have been negotiating firm returns recently and continue to do so. Chinese charterers told shipbrokers that business there will grind to a halt between January 24 and 30 in observance of the Lunar New Year celebrations. Brokers added that the impending holiday will start to affect the panamax markets by the end of the week and added that demand during the following week could be limited. Meanwhile, despite a firmer tone in the Atlantic panamax sector, many shipbrokers believe that in the near term, the sector will be at best steady, due to a recent sentiment that Atlantic rates could see a revival was based more on optimism than fact. Brokers pointed out that only limited orders were emerging in the U.S. Gulf due to a long weekend in the U.S. and saw no reason to hint that rate trends would change sharply for the better. However, severe weather patterns on Atlantic trading routes could cause disruption and delays in the weeks ahead for the panamax market, thus pushing rates up on a positional basis, brokers added. The Baltic Panamax Index saw fractionally better rates for Atlantic trades on Tuesday, hinting the sector is tending towards a more stable position.
Freight rates for Panamaxes trading the Pacific remained firm due to a flurry of business ahead of the Lunar New year, shipbrokers said on Tuesday. In the Far East, owners of larger Panamax sizes have been negotiating firm returns recently and continue to do so. Chinese charterers told shipbrokers that business there will grind to a halt between January 24 and 30 in observance of the Lunar New Year celebrations. Brokers added that the impending holiday will start to affect the Panamax
The U.S. Coast Guard issued a safety travel advisory for sections of the upper Mississippi and Missouri rivers due to rising water levels near St. Louis. The Coast Guard said barges traveling on the upper-Mississippi River near Alton, Illinois, to Cape Girardeau, Missouri, (mile markers 205.0 to 55.2) and on the Missouri River near St. Louis (mile markers 0.0 to 150.0) were advised to watch for sudden changes in river conditions over the next several days.
American Technology Corporation (ATC) (NASDAQ:ATCO), announced that its LRAD 1000X directed sound system was used by the Japanese Maritime Self-Defense Force to help prevent a pirate attack on a Singaporean tanker off the coast of Somalia on the weekend of April 4. Responding to a distress call from the tanker, a Japanese destroyer used LRAD’s powerful voice commands to identify itself and warn the pirates away.
With the ending of the BART workers' strike, SF Bay Ferry say they were pleased to do their part, having carried triple the number of commute passengers. Boats carried more than 54,000 passengers‹triple their pre-strike daily average. Below is a cumulative overview of total SF Bay Ferry ridership from July 1-3, 2013. UPDATED SCHEDULE: This weekend, July 6 and 7, SF Bay Ferry will be running regular weekend service between Vallejo and San Francisco
With the announcement that BART Unions and BART management have requested an extension of their negotiations for another day, the SF Bay Ferry will continue with its regular weekday schedule Wednesday, October 16. If a partial day midday strike occurs, San Francisco Bay Ferry will operate its strike schedule for the whole day and will return to its regular schedule the next morning. Weekend BART strike service will be provided to/from the Vallejo, Oakland
According to an April 19 report from Lloyd’s List, two more vessels owned by AHL Shipping face arrest after bunker suppliers brought lawsuits at the weekend. (Source: Lloyd’s List)
According to a Dec. 13 report from CBS, a Royal Caribbean cruise ship carrying about 1,000 Americans was jolted by high seas in the Mediterranean over the weekend, causing some damage and minor injuries onboard. (Source: CBS News)
Royal Caribbean International’s two Asian-based cruise ships Voyager of the Seas and Legend of the Seas both arrived at Marina Bay Cruise Center Singapore in the morning and were berthed side by side for the first time here. Voyager of the Seas, the largest cruise ship based in Asia, was starting on her eight-night cruise to Shanghai while her sister ship Legend of the Seas was leaving for a two-night Malacca weekend cruise as part of her Singapore season. www.royalcaribbean.com
Fundraiser, dedication ceremony and public visits to highlight ship’s visit over July 4 weekend. It’s not just Rhode Island but the whole of North America that is watching as the SSV Oliver Hazard Perry becomes a reality. The 196-foot, three-masted, square rigged tall ship, currently under construction and designated by the legislature and the Governor of Rhode Island as the state’s official “Sailing Education Vessel
The U.S. Coast Guard contracted the removal of any fuel or hazardous substances that may be aboard the 65-foot motor vessel Wanderer Monday, after the vessel sank in the Intracoastal Waterway at Osprey Marina in Myrtle Beach, S.C., Saturday morning.
With the announcement that the BART Strike is on, the SF Bay Ferry has implemented increased service on most routes. Enhanced service will begin with a 5 a.m. Vallejo departure to San Francisco on Friday, October 18. See sanfranciscobayferry.com for all BART strike schedules.
Eighteen Northrop Grumman Corporation employees received awards for their achievements at the 2013 Women of Color STEM (science, technology, engineering and mathematics) Conference in Dallas this weekend. The conference recognizes outstanding women in the STEM fields and provides opportunities for
Greenpeace International said it has already posted bail for nine of the Arctic 30, but does not expect them to be released before the weekend. Lawyers say they are making bail payments - set at 2 million rubles (€45,000) for each detainee - as quickly as they can.
In its continuous drive to meet the growing needs of its existing and future customers, UASC has teamed up with China Shipping to offer new weekly Intra Asia container service (IAC1) covering Japan, South Korea, Central and South China and Thailand.
Offshore wind developer Forewind’s second of two planned meteorological masts was erected at Dogger Bank during the weekend using the innovative suction installed Bucket Foundation and a “human free” technique for the steel tower placement.
The largest Canadian Flag Con/Ro ship will set sail tomorrow from Flensburg, Germany destined for St. John’s, Newfoundland and Labrador. Following a series of successful sea trials, Oceanex Inc. accepted delivery of the vessel today as originally scheduled
Third terminal berth for large cruise ships in operation. When the “AIDAcara” is heading out to Copenhagen at around 5 p.m. today, October 2, Kiel’s cruise shipping season will find its preliminary finish for the current year
Vessel traffic to vease at Southwest Pass at 6 a.m. Friday, but cargo operations at Port of New Orleans terminals will continue as scheduled Friday, despite the impending closure. The Associated Branch Pilots, the pilots that guide ships through the mouth of the Mississippi River
Cargo operations at Port of New Orleans terminals will continue as scheduled Friday, despite the impending closure of the Mississippi River at Southwest Pass due to potential affects from Tropical Storm Karen. The Associated Branch Pilots, the pilots that guide ships through the mouth of the
Australian Minister for Defense Senator David Johnston announced the entry of the Royal Australian Navy Fleet into Sydney Harbor for the International Fleet Review. Senator Johnston said the International Fleet Review was planned in partnership with the NSW Government and the City of Sydney and
A statement by Secretary Hagel on the Pay Our Military Act, indicates that most, but not all, DoD civilians placed on emergency furlough during the government shutdown are to be asked to return to work. Mr Hagel stated: "Immediately after President Obama signed the Pay Our Military Act
In the course of a busy weekend Coast Guard Houston crews suspended their search for two missing wade fishermen near the mouth of the Brazos River Sunday afternoon, rescued four with the Galveston Fire Department from a sinking boat near Sea Wolf Park Sunday morning and assisted five people in
While the advent of gas as power in the marine market is growing increasinly common, most every installation is actually "dual fuel", meaning the vessel is able to use LNG or traditional diesel fuel to power the boat. This weekend in Turkey, however
San Francisco Bay Ferry will operate its regular schedule Friday, October 11 through the weekend as BART Unions and Management continue negotiations. With the announcement that BART Unions and BART management have requested an extension for their negotiations through the weekend