Seacor Holdings Inc. (SEACOR) announced that it has executed an agreement with Hyundai Heavy Industries Co., Ltd. (HHI), through a subsidiary of SEACOR Ocean Transport Inc., for the construction of two Liquefied Petroleum Gas tankers (Very Large Gas Carriers, otherwise known as VLGCs) with expected deliveries in 2014 with an option to purchase up to three additional VLGCs with delivery in 2015. These vessels will be equipped to meet current and expected environmental and regulatory requirements and feature substantially improved performance and consumption due to a new hull design and the latest generation MAN B&W G-type engines. Seacor anticipates that the new vessels will be managed by Dorian (Hellas) S.A. in a pool together with three VLGCs owned by affiliates of Dorian. Dorian also has an option to acquire or co-invest in up to 50% of the vessels under contract and option with HHI.
Lasco Shipping Co.’s Chief Executive Officer Kenneth M. Novack announced that Steven T. Ho has joined the Lasco Board of Directors. Ho, President of Fairmont Shipping (Canada) Limited, headquartered in Vancouver, B.C., Canada, joins George Wood and Anthony Gurnee as outside directors of Lasco. “We’re extremely pleased that Steven Ho has joined our Board,” commented Novack, calling attention to Ho’s over twenty-five years of global shipping experience
Søren Skou, CEO of container shipping giant Maersk Line is keynote speaker at the 4th Cool Logistics Global conference, 24-26 September in Antwerp, Belgium. Mr. Skou will outline Maersk’s position on the critical actions now needed to sustain the future of global refrigerated transport. Over the past decade and more, expansion of refrigerated container ocean services has underpinned growing world trade in an ever-widening range of perishable commodities
Qatar Navigation (Milaha) Q.S.C. announce its financial results for the first half of 2012, ending June 30th. Summary financial results are as follows: • Operating revenues of QR 1.164 billion vs. QR 1.159 billion for the same period in 2011, an increase of 0.4% year over year. • Operating Profit of QR 320 million vs. QR 300 million for the same period in 2011, an increase of 6.6% year over year.
Waller Marine, Inc of Houston, Texas will soon launch and christen what will become the world’s largest floating power generation facility when installed at a designated site in Venezuela. The two power barges, which Waller has under construction at the Signal International Shipyard in Orange, Texas, will be transferred from their land based construction locations to the water during the next few days and christened by Venezuelan dignitaries at a ceremony at the shipyard on August 21
Dockwise Ltd. Board of Directors approved of the commissioning of a newbuild vessel to serve the emerging demand for ocean transports with capacity of above 100,000 metric tons, and the notice of the same date for a special general meeting (SGM) to authorize the proposed rights issue to part-finance the investment. The SGM of the company was held on Nov. 23 in Amsterdam, the Netherlands, and all items were resolved in accordance with the Board of Directors' proposals as set out in
Horizon Lines, LLC announced that it will file a General Rate Increase with the Surface Transportation Board to raise its ocean freight rates for the company's Hawaii service effective January 2, 2006. The amount of increase to be filed varies depending on a number of factors, including rate basis of the ocean freight and the direction and mode of transport.
The first 53-foot ocean-capable containers from shipping leader APL have rolled off the assembly line and were loaded onto the vessel APL Philippines for their initial voyage across the Pacific. Major retailers have snapped up the containers to take advantage of “big-box economics” on the Transpacific Trade from Asia to the U.S. “We took the first order of 53-foot containers from our manufacturer in China and immediately put them to work,” said Bob Sappio
John H. Colle, Jr., President of Colle Towing Company, Inc., Pascagoula, Miss., announced that Signet Maritime Corporation has awarded a new-build contract to Colle Shipyard for construction of Signet Weatherly, a Robert Allan designed RAmparts 3200 105-ft x 38-ft by 17.7-ft ASD tug. The vessel will be built and classed to ABS Maltese Cross, AMS, Ocean Towing Service standards. She will be employed in Signet’s expanding US Gulf and overseas harbor
The IMO and the European Commission (EC) issued a Joint Communiqué reporting on the recent meeting between IMO Secretary-General Mitropoulos and EC Commissioner for Transport Barrot. During the meeting, the parties discussed the EC’s Third Maritime Safety Package; EU competencies and IMO treaties; the Green Paper on Ocean and Seas; and EC membership of IMO and relations between the two institutions. Source: HK
The call for Mandarin and English submissions to present talks for the Intermodal China 2013 - Shippers' Summit is now open until July 12, 2013. Organized by UBM China, Intermodal China - Shippers' Summit will be held at Sheraton Hongkou Hotel, Shanghai, China from September 24 to 25, 2013
Philippine navy divers battled strong ocean currents in a desperate hunt for seven missing passengers of a ferry that sank with dozens on board. The Lady of Mount Carmel ferry mysteriously went down in calm weather on Friday about 1.2 miles from central Burias island
Ocean Rig UDW Inc, a global provider of offshore deepwater drilling services, announced that it has received a Letter of Award for its ultra deepwater drillship “Ocean Rig Skyros,” from a major oil company. The Letter of Award is for five wells or a minimum of 275 days contract for
Maersk Container Industry has joined the United Nations' SAVE FOOD Initiative to help make international food logistics more efficient. "Food should not be wasted, but too often it is, and we believe our technologies can help improve the food logistics chain," says Peter K
Further ordering activity seen in the tanker market in the period up to 10, June 2013, according to Clarkson Hellas Weekly S+P report. Clients of Consolidated Marine Management have contracted three firm 115,000 DWT LR2s at Hyundai Samho. Understood to have been signed earlier this year
A cargo ship, MV Fri Ocean, has run aground approximately 2.5 miles south of Tobermory, Sound of Mull. Stornoway Coastguard received a 999 call just after 6 a.m. this morning reporting that a 90-meter vessel carrying wood had run aground on rocks.
Heeding the call to join “An Ocean in Common,” authors flooded the Oceans ‘13 MTS/IEEE San Diego technical program committee with a record number of abstracts in a single day. Special topics include an Ultra-deep track discussing current and prospective robotic technologies
Maersk Container Industry has joined the United Nations' Save Food Initiative to help make international food logistics more efficient and reduce global food waste. "Food should not be wasted, but too often it is, and we believe our technologies can help improve the food logistics chain
E-Navigation has been a hot topic in the maritime industry for some time, and it is likely that it will continue to be into the future. But for many in the industry, the subject remains an abstraction that everybody is talking about but few can properly explain.
China's manned submersible 'Jiaolong', aboard its support ship 'Xiangyanghong-9', leaves Jiangyin on a marine science expedition. During the 103-day mission, the submersible will submerge for scientific research in the South China Sea, the northeast Pacific Ocean and the west Pacific.
Researchers at the Monterey Bay Aquarium Research Institute (MBARI) find that trash is not only cluttering beaches, but is accumulating deep sea, notably in the Monterey Canyon. Surprisingly large amounts of discarded trash end up in the ocean
Thousands of students are flocking to 'Ocean Talent Camp' in Oslo every day to get a taste of the most exciting ocean Industry careers. Located at Rådhusplassen (City Hall Square) in Oslo, the camp gives students the chance to talk to people who work in professions they are interested in
The new Damen CSD250 dredger delivered to Nigeria has already started on making its own pond, eventually to become a canal. The CSD250 has started creating a canal, which will flow eventually in the Benin River, and through to the Atlantic Ocean
Mitsubishi Heavy Industries to build a 7th pea-pod superstructure shape "Sayaendo" LNG carrier for a "K" Line/INPEX subsidiary joint venture. Sayaendo series ships feature a unique structure that integrates the LNG tank cover with the ship hull
The International Chamber of Shipping (ICS) explained the serious economic challenges presently confronting shipping to 50 transport ministers. ICS explained its position on the financing of sustainable maritime transport at this year’s Organisation for Economic Co-operation and Development