Greek shipowner John Angel-icoussis' acquisition of four ICB tankers last week was the highlight of a busier market, Allied Shipbroking Inc. said in its latest ship sales report. Angelicoussis paid $189 million in total for the Mindoro (1995-built, 300,294-deadweight tons), the Irian (1992, 286,006-dwt), the Ambon (1992, 285,771-dwt) and the Flores (1995, 284,410-dwt). Aegean Marine Petroleum, also of Greece, paid $2.5 million to buy the 1976 Norwegian-built tanker Maersk Ascension (60,810-dwt). Italian buyers also picked up two tankers last week. Gemarfin paid $8.75 million for the 1982 Japanese-built Meandros (40,632-dwt) while unknown Italian buyers paid $480,000 at an auction in the U.S. for the 1977 Italian-constructed Campo Duran (30,572-dwt). Other tankers sold last week were the 1993 South Korean-built Nathalie SIF (9,176-dwt) by Ramona of Sweden for $14 million and the 1970 British-constructed Stella Orion (5,093-dwt) taken by unknown buyers at an auction for $290,000. Two gas tankers were also sold last week, according to the Greek broker. Olympi of Chile purchased the 1968 French-built Mundogas Europe for $4 million including three years time charter at $9,000 a day, and MC Shipping based in Monaco bought the 1990 Japanese-built Leo Gas (4,316-dwt) for $4.8 million. Greek shipowners also bought heavily last week into bulk carriers, acquiring four of the six vessels sold.
The Panama-flag bulker China Prospect was involved in a collision on January 2, off Flushing, Netherlands, with the German-flag freighter Veerseborg, Reuters reported. The 45,260 dwt China Prospect, bound for Flushing with a cargo of coal, had a three m hole one m below the waterline and was still outside the port. Damage to the 8,667 dwt Veersborg was unknown.
British maritime authorities have reportedly chartered winter tugboats early to help head off a possible shipping disaster anticipated on Thursday - the ninth day of the ninth month, 1999. The date entry "9/9/99" is a "stop file" in some old computers - a command that could shut down systems on an unknown number of ships plying the open seas, Maritime and Coastguard Agency officials said. The failure of navigation or other operations on large ships is the main concern for the MCA when the
Egypt's Suez Canal Authority discovered on Thursday that an impounded Romanian cargo ship had escaped and its whereabouts were unknown. They said the Romanian-flagged Sapphire had been impounded under a court order in February after its owners failed to pay $204,000 in port and transit fees to the authority. There were 23 sailors aboard the 10,046-gt ship. Its cargo included timber.
The U.S. Coast Guard issued a Press Release stating that the tank barge that struck an unknown submerged object in the Gulf of Mexico has capsized. Salvage and spill response operations continue. The agency also issued a Photo Release of the capsized barge.
South Korea's Daewoo Heavy Industries Co apparently plans to split into three units on October 23, pending an approval from its board of directors. It's unknown at present how the spin off will effect the world's second largest shipbuilder. The company planned to divide its shipbuilding and machinery operations and form a third company to manage its debts. The machinery and shipbuilding units are expected to list separately around December 20
The U.S. Coast Guard announced the cause of the November 2004 oil spill in the Delaware River, saying a submerged 18,000-pound anchor of unknown origin caused the gash in the hulking Greek tanker, the Athos I. The other objects that had been suspected in the accident - a pump casing, a large concrete block, an 11-ton propeller - have been cleared of all charges. It was a costly accident, both financially and environmentally
The ReCAAP Information Sharing Centre issued an incident alert stating that a chemical tanker anchored at night off southeast Malaysia was boarded by an unknown number of robbers, who stole some engine spare parts. Masters are reminded to maintain vigilance and to adopt precautionary measures when anchored in the area. (3/11/10). (Source: Bryant’s Maritime News)
Coast Guard monitoring Japanese tsunami drifter as it nears the Alaskan coast A derelict Japanese ship dislodged by last year’s massive tsunami is drifting toward Alaska, the Coast Guard said. The shrimping vessel was floating slowly northwest in the Gulf of Alaska about 125 miles west of the nearest point of land — Forrester Island outside the Dixon Entrance, a maritime transportation corridor separating U.S. and Canada jurisdictions
The Coast Guard has identified a sunken fishing vessel missing since 1972. The Schmidt Ocean Institute research vessel Falkor in concert with Bureau of Ocean Energy Management found an unknown sonar target object December 2012, and sent a remote operating vehicle (ROV) to investigate. The fishing vessel Katmai was discovered in 8,920 feet of water approximately 200 miles offshore. After receiving data of the discovery from BOEM, the U.S
The US Waterways Council Inc. (WCI) has mixed feelings about the impact on their sector of President Obama's FY 2014 budget proposals. WCI's initial views were as follows: This budget is steady-state with the overall funding level essentially the continuation of the post-sequester level
Waterways Council, Inc. (WCI) reacted to the FY 2014 budget request made by President Obama as follows: • This budget is steady-state with the overall funding level essentially the continuation of the post-sequester level for the U.S. Army Corps of Engineers’ Civil Works Program at $4
The Coast Guard is responding to a report of a barge explosion on the ship channel in Mobile Bay Wednesday. Coast Guard Sector Mobile watchstanders received the initial notification at 8:40 p.m. reporting the barge explosion between the George Wallace Tunnel and the Bankhead Tunnel in
Project Launched to Size-Up Offshore Workers Research to measure offshore workers’ body size with 3D scanners to inform the future design of safety equipment, survival clothing and space requirements on offshore installations has been launched in Aberdeen.
After completing the world’s first solar-powered journey around the world, 'PlanetSolar' has a marine science mission. The unique ocean-going catamaran has found a new occupation for the New Year. PlanetSolar is intended to be the mode of transport for the Deepwater Project
Resolve Salvage & Fire, the salvage, emergency response and wreck removal subsidiary of Resolve Marine Group, Inc., has completed the removal of the grounded 202-foot freighter Jireh from Mona Island. Mona Island lies 35 miles off the western coast of Puerto Rico and is a 22-
The Mission to Seafarers’ Chaplain in Rotterdam, Holland, worked around the clock with rescue crews following the collision. The 24-man crew of the Baltic Ace immediately abandoned ship, outside Rotterdam port at 1815 GMT on 5 December
A series of new MacGregor offshore winch orders, secured in October, will serve the strong demand for maintenance, hook-up and commissioning services for existing oil platforms within the shallow water region of the Malay basin, says Francis Wong, Director, Segment Sales and Marketing, Offshore.
Vice-Admiral Tom Copeman pronounces on 'Surface Forces Priorities in an Ever-Changing Maritime Environment', sees LCS playing crucilal Navy role. In an article for the US Navy News Service, the Admiral writes: "Twenty-five years ago
Armed men hijack a tankship carrying 5,000 tons of oil from an Ivory Coast port and force it to sail to offshore Ghana. The precise whereabouts of the tanker are presently unknown to government authorities and maritime officials, reports the Maritime Security Review.
US Coast Guard's unified command is dealing with a crude oil spill from a damaged barge in Vicksburg, Miss. The barge had earlier been damaged through contact with a bridge support while in tow, and the Mississippi River remains closed to all traffic for a 16-mile distance between mile
Intelsat S.A., the world's leading provider of satellite services, has announced that at 1:57 a.m. EST, the launch of the Intelsat 27 satellite failed approximately 40 seconds after liftoff. A Zenit 3SL launch vehicle was carrying the satellite built by Boeing
Maersk Line’s largest container vessel, had an ingress of water into the engine room & terminated the voyage at Suez Container Terminal. According to a statement issued by Maersk, the vessel had just commenced its southbound voyage through the Suez Canal en route to Asia when water
A U.S. Coast Guard helicopter located the debris and a male body about 22 east of the entrance to the St. Johns River. A Florida Fish and Wildlife Conservation Commission aircrew reported the debris, including two large pieces of a vessel; 10 life jackets; flares; and an oil sheen.
Greece-based shipowners Excel Maritime reports results for the second half and year-ended December 31, 2012, re-n For the year ended December 31, 2012, Excel reported voyage revenues of $242.0 million compared to voyage revenues of $353.4 million for the year ended December 31, 2011.