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
The Russian tall ship Kruzenshtern collided with the Icelandic Coastguard patrol ships Þór and Týr, which were docked at the quayside. Both Icelandic vessels sustained damage. “These things can happen when a big ship is approaching the quay, or leaving it
Tropical Storm Bill punched the Texas coast with heavy rains and strong winds on Tuesday, the National Weather Service said, just three weeks after floods killed about 30 people in the state. The second named tropical storm of the 2015 Atlantic hurricane season made landfall near Matagorda
Port workers who run Argentina's Rosario grains hub met on Monday with export companies for wage talks aimed at avoiding an open-ended strike that labor leaders had announced for Tuesday, a union official said. A strike at Rosario would slow soy and corn exports in the middle of Argentina's
Royal Australian Navy frigate HMAS Newcastle patrolling with the Combined Maritime Forces in the Middle East region has seized another 581kg of illegal narcotics with an estimated street value of approximately $520 million. The half-tonne heroin haul is Newcastle’s fifth in two
The U.S. Navy's next Virginia-class attack submarine will bear the name USS New Jersey, says AP reports. U.S. Secretary of the Navy Ray Mabus hosted a ship-naming ceremony over the weekend in Jersey City, New Jersey, to announce that SSN 796, a Virginia-class attack submarine
The Norwegian Dawn, the cruise liner that ran aground as she left Bermuda this week, has arrived in Boston. A story in the Boston Herald says, “Passengers on a cruise ship that ran aground on a reef near Bermuda during a seven-day vacation shrugged their shoulders and said the
Avance Gas said repairs of two very large gas carriers (VLGCs) are complete, allowing the delayed ships to get to work. Both new build VLGCs recently dry-docked - Breeze (83,000dwt, built 2015) and Monsoon (83,000dwt, built 2015) - have completed warranty repairs related to
China has outlined a first ever "white paper" on military strategy that outlined a more robust posture for its blue-water navy, and warned of threats to its security from "still smouldering" boundary disputes over land.
A customs strike in Chile that began last week has started to affect exports and imports, although miners in the top copper producer said this week they have not yet been significantly impacted. The strike by customs officials, who say they want the government to approximately double
The American Association of Port Authorities (AAPA) applauded Senate passage over the past weekend of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA-2015), and today sent a letter to House leadership to urge making passage of TPA-2015 a priority.
Long Beach forges on with modernization, green programs The Long Beach Board of Harbor Commissioners has approved an $829 million budget for the Harbor Department’s next fiscal year, including more than a half a billion dollars for capital improvements at the Port of Long Beach.
UMassDartmouth Site of Fifth National SeaPerch Challenge This year the SeaPerch Program will celebrate a half decade of national underwater robotic championships. On the last Saturday in May, the fifth National SeaPerch Challenge will be held on the University of Massachusetts Dartmouth (UMassD)
U.S. Coast Guard (USCG) Sector Puget Sound investigating officers initiated civil penalties, Friday, against four individuals who entered an established safety-zone around a Shell-contracted vessel in Bellingham during Memorial Day weekend.
The Washington State Ferries (WSF) summer 2015 sailing schedule will take effect Sunday, June 14, with a new Olympic Class vessel, additional sailings, vehicle reservations to the San Juan Islands and increased service hours on many routes, the state’s transportation department announced.
Darwin Port Corporation has advised that, effective 1 July 2015, port charges will be indexed by 0.8% applying the Darwin All Groups CPI for the March 2015 quarter. With the low percentage change of less than 1% most standard port charges will see a very minimal increase and some