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Liquid Bulk Carriers

Imtech Renews VSAT Connectivity Contract With Algoma

Photo courtesy of Imtech Marine

Canadian shipping company Algoma Central Corporation has renewed and upgraded its VSAT Connectivity contract with technology solutions provider Imtech Marine. The agreement now provides VSAT satellite coverage and airtime Connectivity to 34 vessels which are owned or managed by Algoma. Algoma Central Corporation owns and operates the largest Canadian flag fleet of dry and liquid bulk carriers operating on the Great Lakes - St. Lawrence Waterway, including 18 self-unloading dry-bulk carriers, seven gearless dry bulk carriers and seven product tankers. Algoma also has interests in ocean dry-bulk and product tanker vessels operating in international markets. Algoma provides ship management services for other ship owners and owns a diversified ship repair and steel fabricating facility active in the Great Lakes and St. Lawrence regions of Canada. In addition, Algoma owns and manages commercial real estate properties in Sault Ste. Marie, St. Catharines and Waterloo, Ontario. For the past six years the shipping company had a VSAT Connectivity package together with two other Great Lakes operators, American Steamship Company and CSL. But Algoma decided that it would like an independent VSAT Connectivity package.   Private network & increased bandwidth Peter Winkley, Algoma Central Corporation Vice President, Finance and CFO


Lloyd's Register: Statutory Alert

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Statutory alert: Design, testing and location of devices to prevent the passage of flame into cargo tanks in tankers. Applicabilty: Builders, owners and managers of tankers carrying IBC Code Chapter 17 and 18 products. New requirements for the design, testing and location of devices to prevent the passage of flame into cargo tanks in tankers will come into force on January 1, 2013. These apply to both new and existing tankers and will require that devices are tested to ensure that the


Kinder Morgan to Purchase Terminal Assets at Port of Vancouver

Kinder Morgan Energy Partners, L.P. announced it has entered into an agreement to purchase and operate Vancouver Wharves, a bulk marine terminal, from British Columbia Railway Company, a crown corporation owned by the Province of British Columbia. The Vancouver Wharves facility, located at the entrance to the Port of Vancouver, consists of five vessel berths situated on a 139-acre site. The terminal assets include significant rail


Bulk Carrier into Unithai for Fix

The largest ship currently under repair at Thailand’s Unithai Shipyard is the 140,532 dwt bulk carrier Eurydice D, owned by Marmaras. Other ships in the yard include the 35,224 dwt bulk carrier Maris, owned by Trust Shipping Enterprise, Piraeus, the 22,857 dwt part containership Med Lerici, owned by B Navi, World CI’s 3,043 dwt lpg vessel Gas Eurasia, the 22,531 dwt general cargo vessel Everise Glory, owned by Everise Maritime, Kuala Lumpur, and Baba Kaiun’s 10


TOP Ships Shares Fall Below NASDAQ Par

Greek-based shipowners TOP Ships Inc. announces receipt of Nasdaq notice. TOP SHIPS Inc. is engaged in the worldwide transportation of liquid and petroleum cargoes as well as dry bulk cargoes through the ownership of a fleet of 6 tankers and 1 dry bulk carrier. TOP Ships Inc. announce  that it has received written notification from the Nasdaq Stock Market ("Nasdaq"), indicating that because the market value of the Company's publicly held shares for the previous 30


MN 100: Kirby Inland Marine

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55 Waugh Dr, #1000 Houston, TX 77007 Tel: (713) 435-1000   Email: customerservicerep.klm@kirbycorp.com Website: www.kirbycorp.com President: William G. Ivey The Company: Kirby Corporation is a premier tank barge operator in the United States, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, along all three U.S. Coasts, and in Alaska and Hawaii


Diana Shipping Time Charter Contracts

Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the transportation of dry bulk cargoes, announced that it has entered into a time charter contract with Louis Dreyfus Commodities Suisse S.A., for one of its Panamax dry bulk carriers, the m/v Nirefs, at a gross charter rate of $21,000 per day for a period of about 23 to about 25 months. The charter is expected to commence in the middle of February 2010.


China COSCO Shipyards Deliver Two More Bulk Carriers

COSCO (Guangdong) and COSCO (Dalian) Shipyards have each recently delivered bulk carriers to European owners. COSCO (Guangdong) Shipyard Co., Ltd has delivered a bulk carrier of 35000 dwt, “CHIOS LUCK”, to its European buyer. The bulk carrier measures 179.99 meters in LOA, 30 meters in breadth and 14.7 meters in depth. COSCO (Dalian) Shipyard Co., Ltd has delivered a bulk carrier of 92500 dwt, “OCEAN TOPAZ”, to its European buyer. The bulk carrier measures 229


Antwerp Port off to good start after record year

Port of Antwerp

  The port of Antwerp handled 48,166,806 tonnes of freight in the first three months of this year, 2.5% more than in the same period last year. Container freight did well, while ro/ro and liquid bulk also produced good growth figures. Containers and breakbulk The container volume rose once more during the first quarter by 2.1%, to 26,004,571 tonnes. This corresponds to 2,146,392 TEU (up 0.9%). Ro/ro also did well during the past three months, with 1,184,608 tonnes or an increase of 5


Containers, Cruises Help Boost Marseilles Fos

Photo: Marseilles Fos

Container throughput at French port Marseilles Fos reached 876,711 teu for the period January to September, an increase of 6% on the first nine months last year. The performance - driven by a 9% rise at the Fos 2XL deep sea terminals - was two points better than the trend at other French ports, the port authority said. Container tonnage contributed 8.5 million metric tons to the general cargo total of 13.3MT, with the balance coming from 2


Panama Canal's Tonnage Up

Canal

  The Panama Canal registered an increase in tonnage to 326.8 million Panama Canal tons (PC/UMS) during fiscal year 2014 which concluded on September 30. This figure represents a 2 percent increase compared to the 320.6 million PC/UMS tons registered in FY 2013.


Eagle Bulk Cuts Debt by 80%, Shares Skyrocket

Eagle Bulk Shipping Inc's shares shot up to as much as $15.46 from 68 cents as the company cut its borrowings by about 80 percent after converting debt into equity under a financial restructuring program. The stock was the top percentage gainer on the Nasdaq, with more than 14


Vancouver Welcomes Bulker on Her Maiden Voyage

M/V Jobst Oldendorff

The Port of Vancouver USA welcomed the M/V Jobst Oldendorff, commanded by Capt. Baisie of Ghana, on her maiden voyage October 16. Capt. Baisie and his 21-member multinational crew were welcomed to Vancouver by Oldendorff Port Captain Russell D’Souza


MEPC Approves Draft Polar Code

Photo: IMO

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


G E Shipping Acquires a Supramax Bulk Carrier & Sells "Jag Prachi"

Jag Prachi

  The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of a 2006-built Supramax Bulk Carrier of about 52,454 dwt. The company had contracted to buy the ship earlier this month. Earlier yesterday the company reported having delivered its 1991 built General Purpose Product


'Flag Zannis' Delivered

  The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Dalian) Shipyard Co., Ltd ("COSCO Dalian"), a subsidiary of the Company's 51% owned COSCO Shipyard Group Co., Ltd, has delivered a 80,000 DWT bulk carrier, "FLAG ZANNIS"


GTT Earns Five AIPs for Multi-gas Membranes

Gaztransport & Technigaz (GTT), designer of membrane containment systems for the maritime transportation and storage of LNG (Liquefied Natural Gas) announced five AIPs for transportation of liquefied gases other than LNG. As an outcome of the shale gas revolution in the U.S


GAC Opens New Office In Antwerp, Belgium

A new office in Antwerp, Belgium, is the latest addition to global shipping, logistics and marine services provider GAC Group's global network of more than 300 offices. Antwerp is the second largest port in Europe in terms of cargo throughput, particularly for liquid bulk


Recent Vessel Sales: September 2014

Vessel sales for September 2014 (as of October 1) as prepared by Shipping Intelligence, Inc., New York. Date Reported – Vessel Name – DWT – Built (Age) – Price in Millions USD Bulk Carriers 9/3/14 - CELAL AMCA - 12,274 - 01 (13) - $4.9


MES Expands Gas Carrier Lineup

Mitsui Engineering & Shipbuilding Co., Ltd. (MES), foreseeing the effects of the shale gas revolution to maritime industries, has been developing new type medium size multi gas carrier for sea transport of liquefied natural gas (LNG) and co-product of shale gas such as ethane and ethylene gas


Star Bulk Collects $8.016m From Sale of Its Claim Against Pan Ocean

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Star Bulk Carriers Corp. (NASDAQ: SBLK) announced that following the settlement and adjudication of the company's subsidiary Star Borealis LLC claim for damages and due hire related to the repudiation of the long-term time charter of the M/V Star Borealis by charterer Pan Ocean  Co Ltd


Dry Bulk Drought: Asia Rates Fall

(Photo - Vale do Rio Doce)

Rates for capesize bulk carriers on key Asian routes could continue to fall next week in the absence of major charterers although lower freight rates could tempt top iron ore miners back into the market and potentially buoy rates, brokers said.


Intercargo Appoints New Secretary General

David Tongue

Intercargo has appointed David Tongue as its new Secretary General.   Mr. Tongue, took up the role on 8 October, following confirmation of the appointment by Intercargo’s Executive Committee which met in London on 7 October. Mr. Tongue brings with him a wealth of maritime experience


Panama Canal Registers Tonnage Increase

The Panama Canal registered an increase in tonnage to 326.8 million Panama Canal tons (PC/UMS) during fiscal year 2014 which concluded on September 30. This figure represents a 2 percent increase compared to the 320.6 million PC/UMS tons registered in FY 2013.


Dayang Shipbuilding Delivers 200th Ship

An IMR GPA696 was recently christened and delivered at Dayang Shipbuilding Co. on October 15, 2014, a significant milestone in that the ship is the 200th ship built since the company was founded 10 years ago.

An IMR GPA696 was recently christened and delivered at Dayang Shipbuilding Co. on October 15, 2014, a significant milestone in that the ship is the 200th ship built since the company was founded 10 years ago. Representatives from the government, banks, Bourbon, BV






 
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