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LONG WEEKEND

Pacific Panamax Rates Remain Steady

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.


Panamax Trades Firm

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


USCG Issues High Water Warnings

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.


LRAD Deployment Thwarts Pirate Attack

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.


SF Bay Ferry's Re-schedule After BART Strike Ends

Image courtesy of SF Bay Ferry

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


San Francisco Ferry Plans for Possible Transit Strike

Photo: SF Bay Ferry

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


More AHL Shipping Tankers Facing Arrest

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)  


Royal Caribbean Cruise Ship Rocked in Heavy Seas

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 Voyager of the Seas Meets Legend of the Seas in Singapore

Photo: Royal Caribbean

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


SSV Oliver Hazard Perry Scheduled for Newport Appearance

Recent aft view of the hull of SSV Oliver Hazard Perry at Senesco Marine in North Kingstown, R.I. (Photo Credit Rod Smith)

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


Port of Long Beach Uses Education to Boost its Competitiveness

Photo: Port of Long Beach

The Port of Long Beach said it has not lost sight of the significance of professional development in supporting the Port‘s decade-long, $4 billion investment in upgrades and efficiency improvements. The port’s commitment to boosting its competitiveness in the long term extends beyond


Iran, Six Powers Agree to Extend Nuclear Talks - Envoys

  Iran and six world powers on Friday agreed to a four-month extension of negotiations on a long-term nuclear deal that would gradually end sanctions on Tehran  in exchange for curbs on its nuclear programme, diplomats close to the talks said.


Italy Rescues 1,800 Refugees, Five Bodies Recovered

Italy's navy said it rescued nearly 1,800 migrants in overcrowded boats in the Mediterranean over the weekend, and a merchant ship recovered five bodies from a sinking rubber raft off the coast of Libya. Calmer summer seas have led to a surge in people trying to reach Italy from North Africa


Pier Damaged at Port Canaveral

North Cargo Piers 1 and 2 (Photo courtesy of Port Canaveral)

Undergoing Repairs While Coast Guard Investigates   The U.S. Coast Guard is investigating a weekend incident that caused pier damage and scattered concrete debris in the harbor on Sunday. No injuries occurred and cleanup continues today.


First Cargo Transhipped at Rotterdam's Sheltered Waters Facility

Maasvlakte 2 facility: Photo Port of Rotterdam

The Port of Rotterdam says that the first commercial cargo has been transhipped on the inner waters of Maasvlakte 2. At one of the two specially designed berths, oil products were transhipped from the ‘Blue Marlin’ to the ‘Chemtrans Sea’.


Crude Falls Below $114 as Iraq Supply Fears Ease

U.S. Secretary of State John Kerrylanded in Baghdad on Monday. (Photo: http://www.state.gov)

Sunni insurgents capture three towns in Iraq's Anbar Iraq's oil exports near record rates in June U.S. Secretary of State John Kerry lands in Baghdad   Brent crude dipped below $114 a barrel on Monday as worries about disruptions to Iraqi crude supplies began to look


Ocean Safety Sees Big Boost in Gas Business

Gas refilling and service centre at Ocean Safety, Southampton

Ocean Safety said it has been busy since gaining Lloyds Register approval to carry out hydrostatic pressure testing in accordance with TPED (Transportable Pressure Equipment Directive) and things are only set to get busier. During the past year Ocean Safety has noticed a steady increase in business


Hurricane Arthur Weakens to Tropical Storm

Hurricane Arthur

  Hurricane Arthur weakened on Saturday to leave New England and was felt in parts of southeastern Canada with heavy rains and winds, where he left some 250,000 homes and business premises without power. Arthur weakened to a tropical storm on Saturday morning after landfall in the Outer


First SEAL Appointed Navy War College President

Rear Adm. Howe: Official USN photo

Rear Adm. P. Gardner Howe III relieved Rear Adm. Walter E. "Ted" Carter Jr., as the 55th president and first Navy SEAL in command of the U.S. Naval War College (NWC) in Newport, Rhode Island, during a change of command ceremony with the Chief of Naval Operations (CNO) Adm


U.S., Iran Says Nuclear Talks Big Differences Persist in Vienna

Secretary of State John Kerry

  Secretary of State of the United States, John Kerry said Sunday that there are still large differences between Iran and six world powers negotiating over Tehran's nuclear program, comments echoed by the Islamic Republic, while the deadline approaches to reach an agreement.


Amistad Replica Brings Drama to Tall Ships Fest

Photo: Amistad America Inc.

A top draw for some of the hundreds of thousands of visitors to New England's weekend Sailfest was surely the Freedom Schooner Amistad, replica of the United States' most famous slavery vessel, even as many were unaware of the suspense behind its eventual appearance at the annual tall ships


Huge Hull for HMS Prince of Wales Ready for Delivery

Photo courtesy of BAE Systems

BAE Systems informed that a huge section of the U.K. Royal Navy’s second Queen Elizabeth Class aircraft carrier, HMS Prince of Wales, was loaded onto a barge in Glasgow over the weekend ahead of its departure to Rosyth later this month.


Harbor Commission Approves Port Budget - Long Beach

Capital improvement projects move ahead with $579 million in funding for Long Beach Port

  The Long Beach Board of Harbor Commissioners on Monday, July 14, approved an $858 million budget for the Port of Long Beach in the upcoming fiscal year, with two-thirds of the spending set aside for a robust building and modernization program.


Historic Navy Ship Baylander Shortly Open to New Yorkers

ex-USS Baylander: Photo credit Baylander

An historic U.S. Navy vessel that was originally deployed during Vietnam and later used to train U.S. helicopter pilots will temporarily dock at Pier 5 of Brooklyn Bridge Park (BBP) and for the first time be open for public tours. Free walk-up tours of the 'Baylander' are currently scheduled for


Typhoon Slams into Southern China, One Dead

A super typhoon slammed into China on Friday killing one person, as the government ordered an all-out effort to prevent loss of life from a storm that has already killed at least 64 people in the Philippines. Typhoon Rammasun, with winds of up to 180 kph (112 mph)






 
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