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OCEAN TRANSPORT

Ho Named to LASCO Board

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, including senior management positions in New York, Tokyo and Hong Kong. Over the years Ho has been involved in many aspects of shipping, from sales to brokering, technical management to operations, project development to financial management. Novack went on to note that Ho’s background in privately owned shipping companies engaged in world-wide ocean transport brings additional expertise and depth to the Lasco board as Lasco continues to strategically position itself in the twenty-first century global market-place. This announcement is seen as the latest in a series of initiatives this past year by Lasco to strengthen its core management and Board, to strengthen its commercial flexibility through selective alliances and pool arrangements, and to renew its fleet through an active newbuilding program.


SeacorHoldings OrderTwo LPG Carriers

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


Demand Rising to Keep Stuff Cool on Ocean Voyages

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


Navy Transport Dock Ship Tests Spacecraft Recovery

Spacecraft Orion recovery trial: Photo courtesy of USN

The first installment of a new and historic partnership between the Department of Defense and National Aeronautics and Space Administration begins as the amphibious transport dock 'USS Arlington' (LPD 24) conducts a stationary recovery test of the Orion crew module while berthed at Pier 12, Naval Station Norfolk. During this test, a waterborne Orion crew module (a 16-foot, four-personnel upgrade of the Apollo capsule, which was half the size and carried a crew of three)


Qatar Navigation (Milaha) Increases Net Profit in H1 2012

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.


Two 171 MW Floating Power Plants for Venezuela

Photo courtesy Waller Marine, Inc.

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


AAL Fleet to Expand, Surpass 500,000 DWT in 2015

  The AAL Bangkok (Photo courtesy of AAL)

  Global ocean transport operator AAL today announced plans to increase the size of its fleet to over 500,000 dwt in 2015.    Comprising owned and chartered vessels, the move will add needed capacity to the multi-purpose sector’s youngest and most advanced fleet, in support of growing global demand, the company said.   The company also announced it had doubled revenues in the past two years


WWH Q3 2013 Results Impacted by Weak Shipping Market

Photo courtesy of Wilhelmsen

Reduced volumes of high and heavy cargo and seasonally lower demand for maritime services negatively affected Wilh. Wilhelmsen Holding ASA (WWH) total income and result in the third quarter of 2013. Current activity level for group entities is expected to continue. Operating profit for the third quarter of 2013 was USD 96 million (USD 260 million) based on a total income of USD 873 million (USD 1 075 million). Income and results for the third quarter of 2012 were positively impacted by a


Dockwise to Finance New Type 0 Vessel

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


Colle Shipyard Contract, New ASD Tug

Photo courtesy Signet Maritime

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


New Binding Law of The Sea Agreement Advanced

  WOC Sustainable Ocean Summit (Singapore, 9-11 November 2015) Will Enable Industry to Organize its Input to this Major New Ocean Treaty Development The U.N. General Assembly (UNGA) last week adopted a formal resolution to develop a legally-binding treaty for the conservation of marine


Oceans Can’t Take Any more: Researchers Fear Fundamental Change

To date, the oceans have essentially been the planet’s refrigerator and carbon dioxide storage locker.

  Our oceans need an immediate and substantial reduction of anthropogenic greenhouse gas emissions. If that doesn’t happen, we could see far-reaching and largely irreversible impacts on marine ecosystems, which would especially be felt in developing countries


Ocean Safety, Richard Irvin Marine Safety Merger

David Hale (left) and Aidan Morrissey (right) at their new facility

  Ocean Safety has today announced the merger with Richard Irvin Energy Solutions Marine Safety Division and their Aberdeen branch.   This merger follows the 3Si Group’s recent acquisition of both companies, which are set to combine premises in Aberdeen to operate from a single


China Says Indian Ocean Not Backyard of India

Image: US Navy

 The perception that Indian Ocean is India's "backyard" may result in clashes, Chinese military officials and experts have cautioned.    The Indian Ocean cannot be a backyard of India which navies of other countries could not visit


Huge Yacht Carrier Headed for South Pacific

DYT Yacht Transport’s largest semi-submersible ship, Yacht Express, will make its first trip to Sydney, Australia. (Photo credit: Onne van der Wal)

New policies making it easier for foreign-flagged vessels to explore the coastlines of Australia have lead DYT Yacht Transport (DYT) to schedule its largest semi-submersible yacht carrier, the 686-foot (209-metre) Yacht Express, to deliver yachts to the South Pacific


Ocean Safety Inks Rescue Boat Distributor Deal

Photo courtesy of Ocean Safety

Ocean Safety, a company in the worldwide supply, distribution, service and hire of marine safety equipment, announced its appointment as sales and service agents for the full range of Narwhal SOLAS approved Rescue Boats.   Narwhal models include the SV-420, SV 480


Wave Power Unit for Victorian Waters

prototype wave power unit

  BioPower Systems Pty Ltd (BioPower) has finished constructing its prototype wave power unit to be installed off the coast of Port Fairy, Victoria, later this year. ARENA CEO Ivor Frischknecht congratulated BioPower on the achievement


WOC Provides Industry Comments on U.S. NOP

WOC Logo

  The World Ocean Council (WOC) has submitted a paper synthesizing the common themes from industry comments on the U.S. National Ocean Policy (NOP). Initiated in 2010, the NOP calls for the protection, maintenance, and restoration of the health of ocean, coastal


Maritime Ireland Comes of Age

Flumill helical corkscrew tidal device Image Mike Brookes Roper 2 WEB.jpg

Even though the struggle for independence from Britain finally resulted in Ireland being declared “a sovereign, independent, democratic state” in 1937 there was little interest being shown in the maritime affairs of the country. This


'Corporate Ocean Responsibility'

Paul Holthus

Recently in its New York City office Maritime Reporter sat with Paul Holthus, CEO of the World Ocean Council, for a discussion of the trend toward corporate ocean responsibility and his organization’s contribution to that end. Can you tell us a bit about your meeting at the United


MOL Inaugurates Ikeda as President

Mitsui O.S.K. Lines, Ltd. (MOL) inaugurated Junichiro Ikeda as its new president on June 23, 2015.   “The world economy continues to expand, and demand for ocean transport is growing steadily. On the other hand, the world political and economic situations and the environment


Australian Bio-Robots to Explore in the Indian Ocean

Nick Hardman-Mountford from CSIRO checks a BioArgo’s satellite communication link. Photo Credit: CSIRO

 CSIRO will be releasing a fleet of floating bio-robots between Christmas Island and Madagascar next week to measure biological indicators in the Indian Ocean including dissolved oxygen, nitrate, organic matter and particles.   A bio-robot is a robot which can measure properties


Crowley Vessels Receive AMVER Awards

Crowley Maritime Corp. announced that 65 of its vessels were recently recognized for participation in the Automated Mutual-Assistance Vessel Rescue (AMVER) program, a computer-based voluntary global ship reporting system used worldwide by search and rescue authorities to arrange for assistance to


Clean Ocean Access Partners Newport Boat Show

  Newport Exhibition Group, owners and producers of the Newport International Boat Show, announced today that Clean Ocean Access is its Official Charitable Partner for the 45th Annual Newport International Boat Show. A 501(C)3non-profit organization


Canada Introduces Regulations to Address Aquatic Invasive Species

Photo: Canada Fisheries and Oceans

New regulations will help prevent the introduction, spread and establishment of aquatic invasive species in Canada   The entry into force of new regulations to strengthen the prevention of aquatic invasive species (AIS) in Canadian waters was announced today by Canada’s Minister of






 
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