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LONG WEEKEND

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 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)


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.


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


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.


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


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.


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


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


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)


USS Cole is Making Its Way Back

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


Deadliest Weekend Ever in the Mediterranean: UNHCR

Boat rescue: File photo

More than 700 people fleeing Africa and the Middle East may have drowned in shipwrecks in the Mediterranean over the last week, bringing the death toll this year to almost 3,000, the International Organisation for Migration (IOM) said on Monday.


700 Migrants Feared Drowned in Mediterranean

More than 700 people fleeing Africa and the Middle East may have drowned in shipwrecks in the Mediterranean over the last week, bringing the death toll this year to almost 3,000, the International Organisation for Migration (IOM) said on Monday.


Oil Inventories Higher, Crude Demand Lower: PIRA

Oil tanks: File image

NYC-based PIRA Energy Group reports that oil inventories are higher and crude demand is lower. In the U.S., stock surplus to last year is roughly flat. In Japan, crude stocks draw amid peak run rates. Specifically, PIRA’s analysis of the oil market fundamentals has revealed the following:


US Mulls Stronger Sanctions Against Russian Energy

The United States is considering limiting hi-tech exports to Russia's Arctic oil and gas industry as part of plans to strengthen sanctions against Moscow over the crisis in Ukraine, a U.S. envoy said on Wednesday. On the eve of a NATO summit in Wales


USCG Shares Safety Tips for Labor Day, Riverfest

COAST GUARD SHARES SAFETY TIPS, ESTABLISHES OHIO RIVER SAFETY ZONES

Labor Day weekend marks the unofficial end of the boating season and is known as one of the busiest recreational boating weekends on the Ohio River. With approximately 2,000 boaters taking to the water, the increased recreational traffic presents additional safety hazards.


Six More Migrants Dead, says Italy

At least 25 migrants die during weekend Mediterranean crossings; Italy says has rescued almost 4,000 in last 48 hours. Italy's search and rescue services have found six more bodies in the Mediterranean to add to the death toll of 19 over the weekend, the navy said on Monday


US’ Largest Floating Drydock Heads to Portland

Image: Vigor

The country’s largest floating drydock, the Vigorous, is headed for Portland this weekend. The drydock, a piece of equipment used to lift vessels as large as cruise ships out of the water, is scheduled to arrive at the mouth of the Columbia Sunday


Storm near Lesser Antilles Could Develop into cyclone

An elongated area of low pressure located about 350 miles east of the Lesser Antilles has a 50 percent chance of becoming a tropical cyclone in the next 48 hours, the U.S. National Hurricane Center (NHC) said on Thursday. "Environmental conditions are expected to be conducive for


China Rejects Manila Protests, Laments Detentions

China rejected Philippine complaints on Wednesday about Chinese survey vessels operating in a gas-rich area of Manila's exclusive economic zone, and has lodged a separate complaint about the detention of Chinese workers, as tensions persist.


NOC to Load First Oil in a Year from Es Sider

Libya is due to start loading its first crude oil tanker in a year from top port Es Sider on Tuesday following a year-long blockade by eastern federalists, a Libyan oil official and trading sources said. Germany's Wintershall has also resumed production for the 220


Indonesia Tourist Boat Sinking: Update

Lombok strait in distance: Photo Wiki CCL

Bad weather was hampering a desperate search on Monday for two foreign tourists still missing after a boat travelling between two Indonesian islands sank at the weekend, although 13 more people had been plucked from the water alive, officials said.


Indonesian Miners Demand Longer Transition for New Rule

Indonesian Miners demand more time

  Coal miners have called on the government to extend the transition period for implementing a new coal-export rule that creates longer procedures before shipment.   In a change to previous arrangements, from Sept. 1 Indonesia, the world’s biggest exporter of thermal coal


CMMI, SPNM & ICS Focus on Container Weights

the Company of Master Mariners of India, the Institute of Chartered Shipbrokers and Shipping Professionals Network-Mumbai teamed up to focus on the recent International Maritime Organization’s (IMO) initiative on container

  Three major maritime organizations, the Company of Master Mariners of India, the Institute of Chartered Shipbrokers and Shipping Professionals Network-Mumbai teamed up to focus on the recent International Maritime Organization’s (IMO) initiative on container weight verification


Brent Slips below $105

HFO: File image

Brent crude slipped under $105 a barrel on Monday, dropping from a one-week high hit on Friday, as U.S. intervention in Iraq eased concerns over the risk of disruption to supply from OPEC's second-largest producer. * U.S. conducts air strikes on Islamic State targets in north Iraq


Superlative Cruising Encounter

BCS Media, Manuel Lebowsky (Photo courtesy of Hamburg Cruise Center)

A fleet of seven cruise ships attract 600,000 visitors to the fourth Hamburg Cruise Days. It was ‘time to say goodbye’ to the Deutschland and AIDAstella last Sunday, not only for the cruise passengers, but also for the many visitors to the fourth Hamburg Cruise Days.






 
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