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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

lloyds life.jpg

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


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


Port of Antwerp Throughput up 4.3%

Antwerp port

  The port of Antwerp handled 199,012,082 tonnes of freight in 2014, a rise of 4.3% compared with the previous year. The new record that was already announced at the end of December is put into sharper focus by these figures. The record growth has been driven by the volume of containers (up 5.9%) and liquid bulk (up 5.6%). Negative performance was turned in by conventional breakbulk (down 2.0%) and dry bulk (down 6.1%). Containers and breakbulk


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


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


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


Jawaharlal Nehru Port Aims High

Courtesy: Jawaharlal Nehru Port

India’s largest container port, the Jawaharlal Nehru Port (JNPT), said it aims to grow as one of the top 10 global container ports in the next five years.   After announcing his 'Make in India' vision plan, the Prime Minister Narendra Modi's first port of call was JNPT, the biggest port for handling container traffic in the country.   The foundation stone for the first leg of the $800 million multi-product Special Economic Zone SEZ project was laid on August 16


Panama Canal Authority Holds Hearing on New Toll Structure

       Photo courtesy of the Panama Canal Authority

  The Panama Canal Authority (ACP) is holding a public hearing today on a proposed toll structure change. The proposed restructuring, which the ACP Board of Directors approved on December 24, calls for each ship segment to be priced based upon different units of measurement


Ferus Smit to Launch Newbuild Bulker

Arklow Breeze (Photo: Ferus Smit)

Ferus Smit will launch newbuild bulk carrier Arklow Breeze on Friday, March 20 at Westerbroek.   Arklow Breeze is the sixth and last vessel of a series to be delivered to a client from the city of Arklow, Ireland. The design is a bulk oriented general cargo ship that will be mainly employed


“Jag Arjun” Delivered to Buyers

G E Shipping

  The Great Eastern Shipping Company Ltd. (G E Shipping) delivered its 1996-built Capesize Dry Bulk Carrier “Jag Arjun” (164,796 dwt) to the buyers on 26th February, 2015. The company had contracted to sell the ship earlier this month.


Jinhui Shipping Plummets to Loss

Image: Jinhui Shipping

 Norway listed dry bulk shipper Jinhui Shipping said the tough market that owners faced last year will become tougher in 2015.   Dry bulk shipping market Environment continued to be weak despite global economic confidence has been improving in the fourth quarter of 2014.  


China Shipping Development Orders Four VLCCs

Pic by China Shipping Development Company Limited

 Hong Kong unit of China Shipping Development, the oil and dry bulk shipping arm of state conglomerate China Shipping Group, has booked four very large crude carriers (VLCCs) at a compatriot yard.   The worth a total of $375.92m was placed with Dalian Shipbuilding Industry Co (DSIC)


Liquefaction – Potential Dangers of Bauxite

Bulk Jupiter (Pic by Veus)

 The recent total loss of the "Bulk Jupiter", which capsized and sank off Vietnam, prompted marine insurers to issue warnings about the risk of shipping bauxite in case excess moisture liquefies the cargo and makes it unstable. 


Shipping Corporation of India Turns Black in Q3

Photo: Shipping Corporation of India

 Shipping Corporation of India reported net profit of Rs 31.35 crore ($5.2 milion) in Q3 December 2014 as compared with net loss of Rs 65.67 crore ($10.94 mln) in Q3 December 2013.   Sales declined 1.48% to Rs 983.33 crore in the quarter ended December 2014 as against Rs 998


Taiwanese Captain Arrested in Australia

Photo: China Steel Developer

The Australian Federal Police have arrested the captain of a Chinese coal ship -China Steel Developer- for sailing through part of the Great Barrier Reef Marine Park without a pilot.    Sources said that the captain — a Taiwanese national by the name of Lu — will plead


Founder Stolt-Nielsen Passes Away

Jacob Stolt-Nielsen

Jacob Stolt-Nielsen, 83, passed away today in the company of his family at his home in Oslo.   An entrepreneur and visionary of boundless enthusiasm and energy, Jacob Stolt-Nielsen founded Parcel Tankers, Inc. in 1959 and pioneered the global trade for liquid chemicals


Great Eastern Shipping to Sell Large Cargo Ship

Picture: Great Eastern Shipping Company Ltd

 India's largest private sector shipping firm Great Eastern Shipping Company Ltd. (GE Shipping) has signed a contract to sell a 1996-built capesize dry bulk carrier Jag Arjun by this March-end.  "The vessel will be delivered to the buyers during the fourth quarter (January-March)


Yangzijiang Diversifies into LNG Vessel Buildiing

Courtesy Yangzijiang Shipbuilding (Holdings) Limited

Yangzijiang Shipbuilding (Holdings) Limited “Yangzijiang” or “the Group”  one of PRC’s leading and most enterprising shipbuilder listed on the SGX Main Board, is pleased to announce that the Group has secured new shipbuilding orders from JHW Engineering &


Second Bulk Shipper Files for Bankruptcy

Photo: Winland Ocean Shipping Corp

Dozens of iron ore and coal carriers idled as Baltic dry index falls to all-time low. A second dry cargo shipper has filed for bankruptcy following a collapse in freight rates that has forced many companies to idle vessels used to haul iron ore


S. Korea's Daebo Int. is 3rd Dry-Bulk Shipper to File for Bankruptcy This Month

A third dry cargo shipper has filed for bankruptcy this month following a collapse in freight rates to historic lows in what shippers call the worst market conditions since the 1980s. South Korea's Daebo International Shipping Co Ltd filed a court receivership, a form of corporate bankruptcy


Maybulk to Build Five More Ships

Pic: Malaysian Bulk Carriers Bhd

 Unfazed by the tough market conditions that the shipping industry is faced with, Malaysian Bulk Carriers Bhd (Maybulk) said it will move forward with fleet renewal activities.    Maybulk is building five new ships to expand its fleet size to 27 vessels by 2018


SCI's Worldwide Agents Meet

SCI’s Worldwide Agents Meet 2015

  The Shipping Corporation of India’s (SCI) Worldwide Agents Meet 2015 was this year held in the Auditorium of  it's Maritime Training Institute at Powai. The meet was attended by about 102  delegates from various agency houses  representing Far East, Indian Subcontinent






 
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