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Rates Set

NCL First with Onboard Cell Service

NCL Corporation will be the first cruise line to bring passengers on North American cruises the ability to use their cell phones even when communications towers are oceans away. The company is providing the innovative new offering through Wireless Maritime Services, a joint venture of AT&T Wireless and Maritime Telecommunications Network (MTN). Leading the way in shipboard technology, NCL pioneered the industry's first Internet access on the high seas with its Internet cafe in 1999. In 2002, NCL became the first cruise line to provide remote wireless Internet (also known as Wi-Fi) to its guests. Both services are now standard throughout NCL's entire fleet. "Cutting-edge onboard technology is important to our guests," said Colin Veitch, NCL's president and CEO. "While we recognize that some guests traveling with us choose to disconnect, others need to stay connected to loved ones or business associates in order to get away - it's just another choice offered to our guests as part of the Freestyle Cruising experience." The new technology is expected to be introduced on the Norwegian Sun as soon as next month and could be available fleet-wide within a year. The offering combines satellite and wireless services, enabling passengers to make and receive calls on their own cell phones with their own phone numbers while in international waters.


CAT 3500 D-F Gensets Power Rio Fast Ferries

Fast ferry for Rio Olympics: Photo courtesy of Cat Marine

Caterpillar Marine with Cat Dealer Pon Power are pleased to announce the first Cat 3512C marine generator sets with Dynamic Gas Blending (DGB) have been selected to power Assessoria Transporte Aquaviaro fast ferries for the 2016 Olympics in Rio de Janeiro, Brazil. A total of 28 Cat generator sets will be installed on 7 aluminum-hull fast ferries, with 14x Cat 3512 generator sets and 14x Cat 9 generator sets providing prime and auxiliary power


Container Ship Charter Rates Seen Surging In 2001

Container ship charter rates are reportedly set to recover from their current depression by 2001, according to shipping analysts.


Panamax Rates Firmer

Panamax freight rates in the Atlantic were firmer March 13 and may edge up further due to a seasonal boost, brokers said. They said the market was seeing steady increases and that fixtures for Panamax voyage charters had risen slightly with the timecharter sector looking better. However, the Capesize freight rate declined and has made some cautious about the sector. Brokers said the 1990-built 69,306 dwt Ispat Umang had attracted a healthy rate of $11,400 daily for prompt delivery Ghent


Cat Power Solution for Teekay Offshore

Image: Caterpillar Marine

Caterpillar Marine announced that Cat power and propulsion offerings have been selected to provide complete propulsion solutions for four ocean-going towing vessels designed by Ulstein Design and Solutions. Each vessel will have four 9 M 32 C propulsion engines, rated at 4,500 bkW at 600 rpm. Also onboard each vessel will be three Cat C32 auxiliary generator sets rated at 940 ekW at 1,800 rpm as well as one Cat C9 generator set to provide emergency power


Ins and Outs of Tanker Spot Rate Analysis Revealed

Analysis: Image credit McQuilling Services

Marine Transport Advisors, McQuilling Services, explain important elements of their forecasting process when they develop the final forecast set out in their recent '2014-2018 Tanker Market Outlook' analysis. The Outlook is synthesized from the following six components: Quantitative Modeling Sensitivity (reference, high and  low cases) Experiential Adjustments Tonnage Supply & Demand Bias (Capacity index) Previous Outlook & Market Performance


Four Shipping Companies Upgraded By ING

It looks as though the notoriously cyclical shipping sector is heading back up the mountain, as last week one of the world's prestigious financial firms stamped four companies with an investment ratings uprade. ING Barings last Wednesday raised its ratings on four shipping companies to strong buy from buy. Analyst Stephen Gengaro raised his ratings on shares of Frontline Ltd., OMI Corp., Overseas Shipping Group and Teekay Shipping.


Container Carriers Set Reliability Record

(Source: Drewry)

Container service reliability reached a new high in the final quarter of 2011 with an on-time average of 69% across all the trades covered by Drewry’s Schedule Reliability Insight report, just published. The latest result was up by 6 percentage points over the previous quarter, meaning that schedule reliability has improved for three consecutive quarters, a feat only equalled once before between 4Q08 and 2Q09. Despite the positive results


Bordelon: Growth in the Gulf

September 15, 2005 will see the addition of yet another in Bordelon Marine's growing fleet of offshore supply vessels that make their owner's leaders in the mini-supply and mega-mini supply class of vessels. With hefty day rates and diverse requirements in the Gulf of Mexico oil fields, Bordelon has been developing its fleet to provide these vessels that are smaller than the standard OSV, but large enough to meet their clients' needs at more competitive rates than the big boats have to charge


Dinner Cruise Vessel for Fort Lauderdale

Sir Winston, a 120 x 33 ft. dinner cruise vessel was delivered by her owner, Winston Knauss, to Fort Lauderdale, Fla. Designed by DeJong & Lebet, Inc., the vessel is USCG-certificated under Subchapter K (less than 1,000 gt) for 400 passengers on a partially protected route. The vessel features four passenger decks, a large galley and an elevator. The hull level contains crew staterooms and the engine room. Powering Sir Winston is a pair of Cummins 6CTA diesels rated for 350 hp @ 2,500 rpm


Ebola & the Shipping Industry: Latest McQuilling Analysis

Ebola outbreak distribution map: Image credit McQuilling/CDC

Although the Ebola epidemic has remained predominantly in West Africa, fears about the virus have spread globally and it is becoming a cause for concern in the transportation industry. From air to sea, companies are beginning to take precautionary measures including suspending flights to various


J D Neuhaus Adds New Hydraulic Hoists

A CAD representation of the new J D Neuhaus 100 metric ton Profi super silent hydraulic hoist unit. (Image courtesy of J D Neuhaus)

Hoists incorporating the latest generation of super silent hydraulics have now been added to the J D Neuhaus range of high performance lifting and handling equipment. In both their Profi and EH monorail hoist ranges, units providing 75 and 100 metric ton lift capacities have been added


Scorpio Tankers Receive 7 More Newbuildings

Scorpio tankship: Photo courtesy of the owners

Scorpio Tankers Inc. say it has recently taken delivery of seven newbuilding vessels as follows: STI Madison and STI Park, LR2 product tankers, were delivered from Hyundai Samho Heavy Industries in September 2014. Upon delivery, each vessel began a voyage for 45 days at approximately $30


Greek Owners CPP Charter Out Three Tankships

MT Avax: Image courtesy of CPP

Capital Product Partners L.P. (CPP) an international diversified shipping company, says it has secured time charter employment for the M/T ‘Avax’, M/T ‘Agisilaos’ and M/T ‘Alkiviadis’. M/T ‘Alkiviadis’ (36,760 dwt


Upcoming Winter Tanker Market Same as Last Year?

Winter oil demand versus average annual demand: Image Poten & Partners

Will the 2014/15 winter tanker market be a repeat of the previous one? Poten & Partners consider the question in their latest 'Poten Tanker Opinion'. As the regular US baseball season is winding down, the fans are looking forward to the playoffs


Mideast Crude Tanker Rates Near 3-month Low

Crude oil tanker earnings on the major Middle East route fell to their lowest in nearly three months as a slowdown in business in recent days battered rate sentiment. The world's benchmark VLCC export route from the Middle East Gulf (MEG) to Japan <DFRT-ME-JAP> on Monday reached W37


Brent Oil Hits 26-month Low Under US$97

HFO: File image

 Brent crude oil on Monday slumped to its lowest in over two years, below $97 per barrel as lacklustre economic data from China, the world's top energy consumer, cast a shadow over the outlook for oil demand at a time of abundant supply.


US Imports Above Average as Port Contract Talks Continue

Container lift: File photo

Retailers concerned by the lack of a West Coast longshoremen’s contract will continue to bring merchandise into the country at above-average levels this month but volume will drop from the record set in August, according to the monthly Global Port Tracker report released by the National


Asia-Europe Container Freight Rates Fall 6.6%

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 6.6 percent to $1.055 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.


SmartGrip: An ‘Evolution’ in Bulk Handling

Liebherr Maritime Cranes launched SmartGrip for its  mobile harbor crane product range.

Liebherr Maritime Cranes launched what it is calling a ‘game-changing’ technology: SmartGrip for its mobile harbor crane product range. This technology is designed to operate as an intelligent system which optimizes grab filling rates in a self-learning manner


Caterpillar Delivers 100th Generator Set in Brazil

Cat 3512 Diesel Electric Propulsion (DEP) Generator Set

Caterpillar Oil & Gas announce the successful delivery of the 100th offshore generator set featuring Brazilian local content from the company’s Piracicaba, Brazil manufacturing facility. The 100th unit, a Cat 3512 Diesel Electric Propulsion (DEP) Generator Set was packaged


Caterpillar Launches Electronic Generator Set

Cat C4.4 ACERT generator set

Caterpillar Marine will launch the Cat C4.4 ACERT generator set for commercial vessels at the 2014 SMM Exhibition, held September 9 -12 in Hamburg, Germany. Designed to provide essential, nonessential or emergency power across a wide range of commercial platforms, the new C4


Offshore Oil Drilling Market to Suffer through 2015

Photo: Seadrill

A sluggish offshore drilling market could deteriorate further next year due to weak demand and a flood of new vessels, even though a few places such as Mexico and Brazil remain promising for exploration, industry executives said on Wednesday.


DHT Holdings to Acquire Samco Shipholding

Photo: Samco Shipholding

DHT Holdings, Inc. announced today that it has entered into an agreement to acquire all the outstanding shares of Samco Shipholding Pte. Ltd., a private company incorporated under the laws of the Republic of Singapore. Samco owns and operates a fleet of seven very large crude oil tankers (VLCCs)


MN 100: NAMJet, LLC

NAMJet cutaway-full-side-white EH.jpg

4965 Kingston Denver, CO, USA 80239 Telephone: 501 778 4151 E-mail: info@namjet.com Website: namjet.com General Manager (NAMJet, LLC): Jim Ducker Number of employees: 22 The Company: NAMJet’s advanced marine propulsion systems have set the standard for thrust






 
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