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
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
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.
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
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)
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.
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
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
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
Inlecom Systems Ltd., the transport and logistics research and innovation company, has launched the first ever guide and checklist to enable maritime authorities and trade organizations to fulfill their obligation to deliver ship reporting formalities in electronic format via a Single Window
Hawaiian Ocean Transport, Inc. has strengthened its core management team by hiring Julian Velez as the new business development manager. As the new development manager, Velez will bring new perspectives and extensive knowledge from his seven years of experience as a leader in the transportation
Upon completion of the expansion of the Panama Canal, the cost to transport grain from the U.S. corn belt to Asia will drop by an estimated 12%, thus increasing the cost competitiveness of the U.S. as a grain exporter to Asia, Rabobank forecasts.
Hawaiian Ocean Transport (HOT) say it has strengthened its core management team by hiring Julian Velez as its new business development manager. The company inform that as the new development manager, julian Velez will bring new perspectives and extensive knowledge from his 7 years of experience
Aker Philadelphia Shipyard, Inc. (APSI) has held a ceremonial keel laying for the second of two Aframax tankers that it is building for SeaRiver Maritime, Inc., a Exxon Mobil Corporation’s U.S. marine affiliate. When completed in 2014
The National Science Board has authorized the National Science Foundation to enter into a cooperative agreement with Texas A&M University to continue managing the International Ocean Discovery Program (IODP) and operating its scientific research vessel 'JOIDES Resolution'
When it came to the hull coating for its newest tug, the TundRA 100, the most powerful harbor tug ever to be built in Canada, Group Ocean chose Ecospeed, a nontoxic, hard, long-lasting coating with very high abrasion resistance, suited to tugs and to ice-going vessels of all types.
Matson, Inc., a U.S. carrier in the Pacific, announced that Matson Navigation Company, Inc. (Matson) will raise its rates for the company's Guam/Commonwealth of the Northern Marianas Islands (CNMI) and Micronesia services by $275 for both westbound and eastbound containers, effective January 26
The Australian Antarctic Division has rescheduled its early season voyages with the icebreaker Aurora Australis delayed in heavy ice conditions off the Antarctic coast. The ship is in heavy ice about 180 nautical miles off Davis station, returning from resupplying the station and delivering
The Department for Transport (DofT) must become a keener advocate for UK ports, urges the Transport Committee, in a new report looking at policy for improving road and rail access to ports. Launching the report, Louise Ellman, Chair of Transport Committee, said:
Stephen Hammond, Parliamentary Under-Secretary of State for Transport, United Kingdom, welcomed delegates to the 28th IMO Assembly, the Organization's highest governing body, on behalf of the host Government. In his opening address
Planet Ocean inform that they are supporting the UK Met Office and Plymouth Marine Laboratory to gather real-time Met-Ocean Data with their AXYS Watchman (WM-500) data acquisition and telemetry systems. The WM-500 can be configured to control a large variety of
Regarded by many as the only gateway to the Asian maritime market, Marintec China 2013 has opened with due ceremony in Shanghai. With a significant increase in the floor area from 2011, this year's Marintec China covers more than 70,000 square metres
Finnish-headquartered Navis has installed and commissioned its first dynamic positioning (DP) simulator with Chinese language interface, at the renowned Dalian Maritime University, one the world’s largest training facilities for seafarers.
Classification society ClassNK and Rio Tinto Iron Ore (part of the Rio Tinto Group, one of the world’s largest metal and mining companies), announced that they have signed a collaborative agreement focused on the safe carriage of iron ore.