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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

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

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

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


55 Waugh Dr, #1000 Houston, TX 77007 Tel: (713) 435-1000   Email: Website: 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

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

Antwerp Port Sees Record Growth

Image Antwerp Port

  The port of Antwerp handled 156,515,552 tonnes of freight in the first nine months of this year, up 5.5% on the same period last year. The steady growth in the volume of container freight (up 8.0% in TEU, 5.4% in tonnage) and of liquid bulk (up 7.9%) means that the port of Antwerp is poised to close the year with a total volume of 200 million tonnes. Containers and breakbulk Expressed in TEU (twenty-foot equivalent units, i.e

Rotterdam Port Throughput Slips

Courtesy Port of Rotterdam Authority

Compared to the excellent first three quarters of 2015 (+5.4%), cargo throughput in the same period this year fell by 1.9%. The decrease was particularly strong in coal and iron ore. Allard Castelein, CEO of the Port of Rotterdam Authority: “Each of the different sectors in the port has its

Reliance Inaugurates New Ethane Carriers

A Type C Tank being installed on World’s first very large ethane carrier of Reliance

In a ceremony held in Geoje (South Korea), Indian's largest private sector company Reliance Industries Limited (Reliance) inaugurated its very first two VLEC (Very Large Ethane Carrier), in the presence of the shipyard Samsung Heavy Industries (SHI) and other key partners of the project

KONGSBERG Integrated Automation for LNG Fuelled Bulker

Kongsberg Maritime systems chosen for LNG Fuelled bulk carrier vessel under construction at Hyundai Mipo in South Korea (existing Ilshin bulk carrier pictured). Image courtesy Ilshin Shipping Company

Kongsberg Maritime has been chosen to supply a full integrated automation solution including the first delivery of its advanced new Fuel Gas Supply System (FGSS) for a newbuild 50,000 DWT LNG Fuelled bulk carrier, ordered by South Korean ship owner, Ilshin Shipping Company

Japanese Shippers Jolted as Strong Yen Pummels Bottom Line

a 14,000 TEU K Line boxship (CREDIT: K Line)

Japan's big three shippers will report earnings on Monday as yen strength threatens to widen annual loss estimates, in a sector shaken by shrinking demand and over capacity that has already sunk a major carrier. Nippon Yusen KK (NYK), Mitsui OSK Lines Ltd (MOL) and Kawasaki Kisen Kaisha Ltd

Cochin Port Begins Coastal Shipping of Cars

M V Dresden. Photo:  Wilhelmsen Marine Personnel (Ukraine)

 Cochin Port, one of the top 12 major ports in the country, has begun coastal transportation of cars, with carrier ship M V Dresden carrying 500 vehicles reached with first consignment.   The first call of a Car Carrier ship, M. V

FreeSeas Sells M/V Free Maverick

Logo: FreeSeas Inc.

 FreeSeas Inc.  announced that on September 26, 2016, it sold to unrelated third parties the M/V ‘Free Maverick’, a 1998-built, 23,994 dwt Handysize dry bulk carrier for a sale price of $1,925,000. The vessel’s mortgage has now been discharged.

Diana Shipping Delays Newcastlemax Delivery

Courtesy Diana Shipping

Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through two separate wholly-owned subsidiaries, it signed two addenda with China Shipbuilding Trading Company

Ailing Crewman Medevaced from Bulk Carrier

The MH-65 air crew that performed the medevac. (U.S. Coast Guard Photo by Sector Corpus Christi)

A U.S. Coast Guard aircrew medevaced a 34-year-old man from a 600-foot bulk carrier 10 miles offshore in the Brownsville Anchorage, off South Padre Island, Texas on Monday morning.   At approximately 9 p.m. Sunday, the vessel shipping agent contacted Sector Corpus Christi watchstanders and

New Japanese Coal Carrier Enters Service

Noshiro Maru. Photo: NYK Line

A new coal carrier Noshiro Maru was delivered on September 30 at Oshima Shipbuilding Co. Ltd. in Saikai city, Nagasaki prefecture. A delivery and naming ceremony was held at the shipyard on the same day and attended by Makoto Kaiwa, chairman of Tohoku Electric Power; his wife; and NYK Chairman

No Reprieve for Multipurpose Shipping Until 2018: Drewry

Graph: Drewry

 The last three months have been some of the worst the multipurpose and project carrier sector has endured in living memory.    The breakbulk and project cargo sector remain weak, with little suggestion that volumes will improve significantly until the end of 2017

Japan's NYK Line Warns of $1.9 bln hit to Earnings

NYK Line may book losses as shipping slump slashes asset values. Nippon Yusen, Japan's biggest shipper by sales, warned it would book a $1.9 billion hit to first-half income, after the industry's deepening slump forced it to write down the value of container ships and other assets.

Arctic Shipping a Reality for Asia

Image by The Arctic Institute

 As Western firms wait to for Arctic shipping to show its worth, Asian countries are already betting on the emergence of an Arctic economic rim, reports The Arctic Journal.   For centuries, a harsh climate and ice-choked seas dashed the dreams of sailors attempting to cross the

Oldendorff Acquires 8 Vessels

Babycape Photo Oldendorff

Oldendorff reported that it is continuing its fleet expansion and have acquired eight more vessels, including three Babycapes and five Post-panamax bulk carriers, as follows: 119,000 tdw, built 2011 – UBC Onsan 119,000 tdw, built 2011 – UBC Ohio

Odfjell Sells Its Share in Oman Tank Terminal

Odfjell SE announced that Odfjell Terminals B.V. (OTBV), the joint venture holding company that owns and operates substantially all of Odfjell's tank terminals worldwide, has entered into an agreement to sell its 29.75 percent indirect ownership in Oiltanking Odfjell Terminals & Co

Antwerp Port Volume up 3.3% in 9 months

Courtesy Antwerp Port

The port of Antwerp continues its excellent performance, handling 161,671,573 tonnes of freight in the first nine months of this year, up 3.3% on the same period last year. The container volume in the first three quarters came to more than 7.5 million TEU. This represents growth of 4

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