Excel Maritime Carriers Ltd, an owner and operator of dry bulk carriers and a provider of worldwide seaborne transportation services for dry bulk cargo has announced today that it has taken physical delivery of two vessels, MV Princess I at the port of Izmit in Turkey and MV Angela Star at the port of Taean in South Korea. MV Princess I is a Handymax bulk carrier of 38,858 dwt built in 1994 and MV Angela Star is a Panamax bulk carrier of 73,798 dwt built in 1998. Both vessels were built in Japan. The company agreed to acquire MV Princess I on February 21, 2005 and MV Angela Star on March 23, 2005. CEO Christopher Georgakis commented: "We are very pleased to have taken delivery of MV Princess I and MV Angela Star. With these deliveries in place the company has successfully taken physical delivery of 14 vessels within the past six months."
Fednav, a Canadian-owned company and world leader in Arctic navigation, today announced that its vessel, the MV Nunavik sailed from Deception Bay en route to China via Canada's Northwest Passage, with a full cargo of nickel concentrate. The Nunavik will be one of the first commercial vessels to transit the Northwest Passage completely, and the first to do so unescorted with an Arctic cargo, and with Canadian expertise.
According to CBC, a group of Arctic oil spill experts who recently met in Halifax say they plan to create artificial spills in northern waters to learn how to clean them up. Six oil companies are backing a series of international experiments aimed at improving technology for cleaning up spills. Norwegian scientist Evor Sinksus says more oil production and shipping traffic in the Arctic has During the next three years
Samsung Heavy Industries and the Russian shipowner JSC Sovcomflot have signed a contract for the construction of three high ice class 70.000 tdw Arctic shuttle tankers. This contract is based on a conceptual design developed by Aker Arctic. SHI will work under a co-operation and licence agreement with Aker Arctic, according to which Aker Arctic has given and will give support to SHI in designing and constructing these vessels.
Yellow line: Northwest Passage. Blue line: Northern Sea Route The International Ice Charting Working Group (IICWG), meeting at ESRIN in Frascati, issued the following statement on October 26, 2007: “In September 2007, the Arctic sea ice reached the minimum extent in the history of ice charting based on satellite, aircraft and surface observations, continuing a recent trend of diminishing sea ice that began in the 1980’s and has accelerated
With the Aug. 9 return of Military Sealift Command-chartered dry cargo ship MV American Tern to Naval Station Norfolk, Va., the resupply mission to remote Thule Air Force Base, Greenland, successfully concluded. This year, two vessels - American Tern and tanker USNS Samuel E. Cobb - delivered fuel, heavy vehicles and containerized cargo to Thule as part of Operation Pacer Goose, the annual resupply of the base. Civilian contract mariners aboard ships like these have provided key support in
Frontier Drilling USA Inc, Houston, has engaged Aker Arctic of Helsinki, Finland to proceed with the initial design and conceptual development of the modification work for their turret moored Drillship Frontier Discoverer. The work includes development of a modified hull form and protection to the riser to suit the harsh environment of the Beaufort Sea. Aker Arctic will also conduct a series of ice model tests in their brand new model testing facility
Knowledge, responsibility, engagement: the EU outlines its policy for the Arctic The European Commission and the EU High Representative for Foreign Affairs and Security Policy have outlined the way forward for the EU's constructive engagement in the Arctic. The Arctic region is a vital component of the Earth's environment. Climate change in the Arctic is advancing dramatically, with change visible on a yearly basis
A new study about crucial risk management issues relating to Arctic operations is released by DNV and the Fridtjof Nansen Institute (FNI). The study concludes that, in order to safely develop Arctic resources, there is a need for improved technology, oil spill preparedness and close cooperation between the authorities, industry and society. DNV’s CEO, Dr Henrik O. Madsen, presented the study entitled ‘Energy and the environment – Arctic resource development
Canada’s Transport Minister, John Baird, today introduced legislation in the House of Commons to enhance Canada’s sovereignty over Arctic waters and protect them from pollution. This coverage will give Canada greater and more effective control over marine activity in the Canadian Arctic while enhancing environmental protection in Canada's North. This marks an important step forward in the federal government's integrated Northern Strategy.
Bourbon plans to enter the growing Arctic Offshore market in 2016 with a new Anchor Handling Tug Supply (AHTS) vessel built by the Vard shipyard. This AHTS (Anchor Handling Tug Supply) was specially designed for operations in polar waters, and more specifically in arctic zones
Aberdeen Harbor has welcomed the largest vessel to have docked in the city, as its latest plans for the proposed expansion at Nigg Bay continue on public display. The MV Pacific Adventure, a general cargo and container vessel, which is 160 meters in length and 27 meters wide
Despite high hopes for Arctic business from mining to shipping as the ice melts rapidly and temperatures rise twice as fast as the global average, few firms say the sums still make sense. An oil price slump and cheaper commodities, including iron ore
Commentary by Paul Crowley For northern communities and economies, the expected growth of Arctic shipping has the potential to bring new jobs and industries, lower cost of living, and new infrastructure and investment. But with these exciting opportunities come certain risks that must be
Russia's biggest oil producer Rosneft will continue drilling in the Arctic Kara Sea on its own after the departure of its partner, U.S. oil major ExxonMobil, due to sanctions, the company's head Igor Sechin said on Friday.
U.S. Coast Guard personnel and Canadian federal agencies, including the Canadian coast guard, Transport Canada and Environment Canada, are monitoring a 134-foot barge drifting in the Beaufort Sea after it broke free from its tow in Canadian waters during a severe storm Monday.
Inchcape Shipping Services (ISS) announced it has completed another complex heavy-lift project in Africa, this time at the Port of Mombasa in Kenya. ISS was appointed as port and discharging agents for the COSCO-owned MV DADE, which arrived at the port in September 2014 with seven RTG cranes
During the open lecture on Russia’s foreign policy, Foreign Minister Sergei Lavrov stated that he could see no need for NATO presence in the Arctic. ‘From time to time, we have heard talks on NATO wishing to grow its presence in the region, long before the events in Ukraine
Draft Polar Code approved by IMO’s Marine Environment Protection Committee A key step on the way to a mandatory Polar Code for ships operating in Arctic and Antarctic waters has been reached with the approval by the Marine Environment Protection Committee (MEPC) of the International
The regional Environmental Center of the Northern Fleet will be established in the Arctic in the near future. The news agency TASS reported the news with reference to the Deputy Russian Defense Minister Army General Dmitry Bulgakov.
The “hard work and dedication” of a 25-year old Merchant Navy officer cadet has been recognized with an award that will be presented by the U.K. Shipping Minister at a ceremony in London tomorrow, Wednesday, October 15, 2014. Jonty Turnbull of Blackpool and the Fylde College
Norwegian Arctic discovery could be game changer; Lundin Petroleum shares rise 7 percent. Noreco, Det Norske shares also rise on news. Swedish oil firm Lundin Petroleum has made a big oil and gas discovery in the Norwegian Arctic, sending its shares more than 7 percent higher and raising hopes
Senior leaders from the U.S. Coast Guard (USCG) and the National Oceanic and Atmospheric Administration (NOAA) signed a Fleet Plan and Officer Exchange memorandum of understanding Wednesday at a ceremony at U.S. Coast Guard Headquarters.
Norwegian oil firm Statoil has made a small gas discovery in the Arctic, near its Johan Castberg oil discovery, the Norwegian Petroleum Directorate said on Friday. The find contains between 1 and 2 billion standard cubic metres of recoverable gas, it said
South Korean shipbuilder Samsung Heavy Industries plans to build three Arctic tankers for Russian oil company Gazprom Neft, which has been targeted by Western sanctions, sources familiar with the deal said. The sanctions imposed on Moscow over its role in the crisis in Ukraine have complicated