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. They said 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. This could push rates up on a positional basis, they said. - (Reuters)
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.
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.
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
Shipping lines are expected to curtail cargo operations at U.S. West Coast ports again this weekend amid stalled labor talks between the companies and the union representing 20,000 dockworkers, the chief executive of the Port of Long Beach said on Wednesday. "This weekend is going to be yet another limited operating weekend, just like last weekend was," Long Beach port CEO Jon Slangerup said in an interview with Reuters in New York
A significant step in the restoration of USS Cole (DDG 67) – which was severely damaged from a terrorist attack in Aden, Yemen, last year – was achieved over the Labor Day weekend when the Aegis destroyer was rolled onto the shipyard’s floating drydock in preparation for launch on Sept. 15, 2001. Northrop Grumman Ship Systems moved the ship over land via a system of electrically powered cars traveling over rails. The shipbuilders have completed the structural replacements and repairs
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.
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
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. The BART strike service schedules will be in effect until BART formally announces the strike is called off. If a partial day mid-day strike occurs
A migrant boat pushed back to sea by Southeast Asian nations over the weekend has not been heard from for two days, raising concerns about what has happened to the 300 people on board, rights groups said on Monday. The boat was pushed backwards and forward between Malaysian and Thai
United Nations agencies urged Indonesia, Malaysia and Thailand on Tuesday to step up sea rescue operations and let desperate migrants reach land. In a joint statement, joined by the International Organization for Migration (IOM), they called on the three countries to stop trying to push boats
A new intermodal service for the Tri-State area offers a transportation alternative linking New York City, New Jersey and Connecticut with Long Island. The new service, launched in partnership between Seastreak, the Bridgeport–Port Jefferson Ferry and Hampton Jitney
The U.S. Coast Guard captain overseeing cleanup of oil spilled from a pipeline rupture that closed two California state beaches and fouled offshore waters near Santa Barbara said on Thursday it may take months to restore the area to its natural condition.
Ships carrying rescued migrants arrive in Italian ports; Eight more suspected of human trafficking detained in Sicily. As many as 5,000 migrants a week could arrive in Italy by sea from North African ports in the next five months unless something is done about the issue
At least 50 Malians from the impoverished region of Kayes were among up to 900 migrants who drowned trying to cross from Libya to Europe this weekend, the government said on Friday. The deaths triggered worldwide outrage and prompted the European Union to agree to triple the size of its naval
British and German warships made ready to sail for waters off Libya as Europe ramped up rescue operations in the Mediterranean after up to 900 desperate migrants drowned last weekend on a boat heading for Italy. Yet hours after European Union leaders agreed in Brussels on Thursday to
The bridge section of the second Queen Elizabeth Class aircraft carrier set sail today from Glasgow on its first sea voyage to Rosyth. Upper Block 07 is where HMS Prince of Wales will be commanded atop the flight deck and is known as the Forward Island
The Italian coastguard has said it had coordinated the rescue of thousands of migrants as they sailed across the Mediterranean on rickety boats, bringing the number of people rescued this weekend to 5,800. The migrants were to be taken to the Italian region of Calabria as well as
One of busiest weekends for sea crossings this year. Around 6,800 migrants were rescued from overcrowded boats crossing to Europe over the weekend, including a mother who gave birth to a baby girl on an Italian navy ship, the coast guard said.
India to build port in Iran to get more trade with CIS and Gulf India will push ahead this week with plans to build a port in southeast Iran, two sources said, with Prime Minister Narendra Modi keen to develop trade ties with Central Asia and prepared to fend off U.S
Around forty migrants died in the Mediterranean on Sunday, according to survivors of the journey who arrived on the southern Italian island of Sicily on Tuesday, local Save the Children spokeswoman Giovanna Di Benedetto said. The deaths were reported by some of the roughly 240 migrants from
German police arrested three men on Wednesday suspected of belonging to an organised criminal group that smuggles people from Africa to the European Union. Around 7,000 migrants, most from Africa, were rescued from boats in the Mediterranean last weekend and around 900 drowned last month
As agreements was signed between Singapore and Malaysia to boost the number of ferry trips between Changi Ferry Terminal, Singapore and Tanjung Belungkor in south-eastern Johor, Malaysia. The memorandum of understanding (MOU) signed was between Singapore's Maritime and Port
Portland Port celebrated the launch of its 2015 cruise program receiving more than 4,000 passengers over the early May Bank Holiday weekend. Royal Caribbean Cruise Lines’ Serenade of the Seas made her inaugural call on the Saturday and Holland America Lines’ Eurodam returned