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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.

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

Long Beach CEO Expects Port Cutbacks This Weekend

Jon Slangerup (Photo courtesy of the Port of Long Beach)

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

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

San Francisco Bay Ferry Strike Service in Effect

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 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

Boat Migrant Found Dead in Mediterranean, 354 Rescued

Rescuers found one migrant dead and saved 354 on a fishing boat in rough seas near the southwestern shore of Italy, the coast guard said on Monday.   The body was found on Sunday night, adding to the weekend's Mediterranean death toll after 49 people were found dead, probably from suffocation, on an overcrowded fishing boat.   Two Italian coast guard ships, a Croatian coast guard vessel deployed under the European Union's Triton maritime mission and a merchant ship carried out

Bumi Armada Berhad Names Its News FPSO

Naming Ceremony of Armada Olombendo (Photo: Bumi Armada)

Bumi Armada Berhad, Malaysia-based international offshore energy facilities and services provider celebrated the naming ceremony of the Armada Olombendo Floating Production Storage and Offloading (FPSO) last weekend. Armada Olombendo FPSO represents Bumi Armada’s largest FPSO and it will

Damen Delivers Stock Dredger in Shortest Time

CSD450 was delivered from stock within days Photo Damen

On Monday the 19th of September, a Damen CSD450 started winning sand at the Frisian motorway project contractor Van der Lee is working on. The ink on the sales contract was not even dry yet – it being signed on Thursday only. The stock dredger was prepared for transport on Friday and towed

Dredger Delivered on Record Timeline

Photo: Damen

Damen delivers stock CSD450 dredger within three working days   On Monday, September 19, a Damen CSD450 started winning sand at the Frisian motorway project contractor Van der Lee is working on, just days after the sales contract was signed the previous Thursday

Mediterranean Three Times More Deadly Than 2015

File photo: IMO

The death toll on the Mediterranean has nearly matched that of all last year, with more than 3,740 migrants and refugees having drowned on their way to Europe, and perilous winter months still to come, aid agencies said on Tuesday.   Smugglers are now sending thousands of people on flimsy

Salvors to Remove Fuel from Capsized Riverboat

Spirit of Sacramento capsized near Bethel Island, Calif. (U.S. Coast Guard photo by Adam Stanton)

Efforts to prepare the capsized riverboat Spirit of Sacramento for fuel removal operations are being conducted by the U.S. Coast Guard, California Department of Fish and Wildlife's Office of Spill Prevention and Response and other partner agencies.  

USS Zumwalt Arrives in Norfolk

Guided-missile destroyer Pre-Commissioning Unit (PCU) Zumwalt (DDG 1000) departs from Naval Station Newport, R.I. following its maiden voyage from Bath Iron Works Shipyard in Bath, Maine. (U.S. Navy photo by Haley Nace)

The U.S. Navy’s newest and most technologically advanced surface ship, future USS Zumwalt (DDG 1000), pulled into Naval Station Norfolk Wednesday for another port visit as part of its three-month journey to its new homeport in San Diego.  

Julia Achieves Tropical Storm Status Again

Julia regained its designation as a tropical storm as it milled off the southeast coast of the United States on Friday, the National Hurricane Center said in an advisory. The center of the storm, which drenched parts of northeast Florida, Georgia and South Carolina earlier this week

Operation Render Safe Brings Safety to Solomon Islands

The ongoing menace of explosive remnants of war will again be tackled in the Solomon Islands by the multinational team assigned to Operation Render Safe 16

The dangers posed by explosive remnants of war in the Solomon Islands will again be tackled with the commencement of Operation Render Safe 16 over the weekend.   The annual ADF-led Operation Render Safe deployment is Australia’s enduring commitment to the removal of unexploded and

Shipping Partnerships Create Economic Opportunity in Everett

Courtesy Port of Everett

Every month Eastern Car Liner (ECL) loads aerospace containers for transport back to Japan to be reloaded with new airplane parts. Typically, this is the only cargo loaded on this vessel at the Port of Everett – until recently.  

Harvest Halts as Rains Douse Midwest, Could Impact Barge Loading

File Image (AWO)

Heavy rains and flooding swamped a broad swathe of the northern Midwest this week, halting the harvest of corn and soybeans and forcing the closure of at least two Iowa crop processing plants, traders and farmers said on Friday. Farmers' concerns grew that standing water in fields could damage

Scandlines' Volume Zooms

New Ferries on the Rostock-Gedser Route Photo Scandlines

Scandlines can look back at a very good high season in 2016. Especially the new hybrid ferry of the shipping company, the M/V Berlin, which was put into service in May on the route Rostock-Gedser, contributed to the growth in the number of transported vehicles.  

APL Bags Quest For Quality Award

Photo: APL and APL Logistics Corporate Image Video Production

 APL, part of the CMA CGM Group, received the 2016 Quest for Quality Award for its outstanding performance in the transportation and logistics industry in Orlando, Florida, USA.    Ranked amongst the top 10 Ocean Carriers by Logistics Management

UAE Calls Houthi Ship Attack an Act of Terrorism

The United Arab Emirates said on Wednesday Yemeni Houthi forces had attacked a UAE civilian vessel in a strategic Red Sea shipping lane off the coast of Yemen at the weekend and called the incident an act of terrorism.   The UAE foreign ministry

Asia Dry Bulk-Capesize Rates to Remain Steady

File Image (Credit BSM)

Owners seeking to push rates higher, close to year-long highs; dry bulk sector to see greater consolidation - BIMCO. Freight rates for large capesize dry cargo ships on key Asian routes are likely to remain steady next week even as owners try to push rates up close to year-highs

Arctic Shipping a Reality for Asia

Image by The Arctic Institute

 As Western firms wait to for Arctic shipping to show its worth, Asian countries are already betting on the emergence of an Arctic economic rim, reports The Arctic Journal.   For centuries, a harsh climate and ice-choked seas dashed the dreams of sailors attempting to cross the

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