UltraStrip Systems, Inc. announced the signing of a five year exclusive agreement with BAE Systems ship yard subsidiaries in San Francisco and San Diego to provide its patented robotic automated waterjetting technology equipment and services. UltraStrip's robotic technology will perform high speed coating removal services to the shipyard's customers, including U.S. Navy vessels, oil tankers, cruise ships, bulk carriers, and container ships. BAE Systems San Francisco and BAE Systems San Diego are subsidiaries of BAE Systems Ship Repair, Inc., a group of companies owned by U.K. based BAE Systems.
Xinhua reported that COSCO Group, China's leading shipping and logistics service provider, inked in Boao, Hainan Province on Saturday contracts with four domestic shipyards to build 66 ships. Zhang Fusheng, a COSCO spokesman, did not disclose the total value of these shipbuilding contracts but said they summed up to a record amount for the shipping giant. The move is to help meet China's strong demand for shipping as the country's fast economic development gives rise to more imports of
Eagle Bulk Shipping Inc. announced that it has taken delivery of the Jaeger, a 2004 built 52,265dwt Supramax dry bulk vessel. The Company has now taken on-schedule delivery of the three vessels as per the acquisition agreement announced on June 23. The Jaeger will continue its existing 11 to 13 month time charter, begun in May 2006, at a rate of $18,500 per day. The Eagle Bulk Shipping Inc. fleet consists of 16 dry bulk vessels including 12 Supramax and 4 Handymax vessels
Eagle Bulk Shipping Inc. announced that it has taken delivery of the Jaeger, a 2004 built 52,265dwt Supramax dry bulk vessel. The company has now taken on-schedule delivery of the three vessels as per the acquisition agreement announced on June 23. The Jaeger will continue its existing 11 to 13 month time charter, begun in May 2006, at a rate of $18,500 per day. The Eagle Bulk Shipping Inc. fleet consists of 16 dry bulk vessels, including 12 Supramax and 4 Handymax vessels
Star Bulk Carriers Corp. has entered into a definitive agreement to acquire a Capesize bulk carrier of approx. 180,000 dwt, built in 1991 in Japan, for approximately $83.7 million from Japanese interests. The vessel will be financed through a combination of company cash and bank debt. The vessel to be renamed the M/V Star Sigma, is scheduled to be delivered to Star Bulk within April/May 2008. It comes with a one-year time charter back to its present owners which will commence on the day of
The U.S. Naval Sea Systems Command has awarded a contract to Northrop Grumman Corporation to supply integrated bridge systems (IBS) for three U.S. Navy cruisers. The indefinite-delivery indefinite-quantity contract, valued at $2.72m, was awarded to Northrop Grumman’s Sperry Marine business unit. Under the contract, the new-generation IBS, running on Sperry Marine’s Voyage Management System (VMS) software, will be back-fitted onto three guided-missile cruisers (CG).
Diana Shipping Inc. has taken delivery today of a newbuilding Panamax dry bulk carrier, the Coronis, from Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., Shanghai China. The Coronis is a Panamax dry bulk carrier of 74,381 dwt. With the delivery of the Coronis, Diana Shipping has increased its fleet to thirteen vessels (twelve Panamax dry bulk carriers and one Capesize dry bulk carrier). With the delivery of this vessel the Diana Shipping fleet will have a combined carrying capacity of
A series of new vessels will be built in China for the Far-Eastern Shipping Company (FESCO). According to reports, the contract on building of four bulk carriers at the Chinese shipyard Quingshan Shipyard in the city Ukhan was made. Every bulk carrier will be 623 x 104 ft., deadweight 57,000 tons. Every vessel will be equipped with four loading cranes. The bulk carriers will work at transportation of bulked cargo - corn, coal, ore, pipes and others.
Vroon has ordered four 92,500 DWT bulk carriers at Cosco's Dalian Shipyard in China. The four new vessels are expected to join the fleet in 2009 and 2010. Vroon already has two Panamax bulk carriers on order at Tsuneishi Shipyard in Japan and three Supramax bulk carriers at Vinashin Nam Trieu in Vietnam.
Star Bulk Carriers Corp. has taken delivery of the Star Cosmo, a Supramax bulk carrier of approximately 52,247 dwt, built in 2005. The vessel comes with a staggered 3-year charter to Korea Line that commenced on March 17, 2008, at a gross daily rate of $55,900, $41,900 and $27,900 for the first, second and third year respectively. With the delivery of Star Cosmo, Star Bulk's operational fleet currently consists of twelve dry bulk carriers
Guidance circular to be issued for ships calling at ports without reception facilities for Harmful to the Marine Environment (HME) waste, including Hold Washing Water (HWW). Shipowners pleas for greater clarity on what to do when there are no adequate port reception facilities to receive residues
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
Georgia Ports Authority (GPA) moved 2.4 million tons of cargo in April, a 4.7 percent increase – or 108,532 tons – over the same month a year ago. This figure was boosted by a strong performance in containers, bulk and Roll-on/Roll-off cargo.
When bulk cargoes shift, liquefy, catch fire or explode as a consequence of poor loading procedures, the consequences can be massive. Ships may capsize, lose stability or sustain severe structural damage. Such happenings enhance the risks and occurrence of death, injury, insurance claims
Star Bulk Carriers Corp. announced that its Board of Directors approved a backstopped equity rights offering, which will allow the company to raise equity capital through the sale of its commonshares. The proceeds are expected to be primarily used for orders for fuel-efficient dry bulk vessels
Singapore’s Berge Bulk to sign a LOI for the constructions with CSSC Guangzhou Longxue Shipbuilding & CSIC Bohai Shipbuilding Heavy Industry. Singapore’s Berge Bulk is planning to place an order for up to eight very large ore carriers (VLOC) at China’s two state-owned
The Group achieved $9.7 million net profit on turnover of $733.0 million in Q1 2013, but shipyard & drybulk operations contributions down. In Q1 2013, turnover from shipyard operations decreased by 25.5% to $719.2 million from $965.9 million in Q1 2012
$1 Million Settlement Enhances Land and Sea in the Eastern District of Texas. BEAUMONT, Texas — U.S. Attorney John M. Bales announced a settlement reached with a European shipping corporation has resulted in significant enhancements to nature conservation groups in the Eastern
The Coast Guard medevaced a 46-year-old man Monday from a 968-foot bulk carrier while the ship was anchored near Cape Charles. The ship's agent of the KM Osaka contacted Coast Guard Sector Hampton Roads watchstanders at approximately 6:45 p.m
Classification society ClassNK receives the Technical Innovation Award from a Seatrade Sri Lanka Ports, Trade & Logistics Awards panel. The distinguished panel of judges awarded ClassNK with the Technical Innovation Award for its work in developing the Guidelines for the Safe Carriage of
Recent amendments to Annex V of the International Convention for the Prevention of Pollution from Ships (MARPOL) have created a tougher regime for shippers and crews over discharges into the sea. The U.K. P&I Club received numerous enquiries from members concerned about their obligations under
The latest batch of orders for Deltamarin's B.Delta design bulk carriers comes from international shipowners, all to be built in China. The B.Delta43 order by the German ship owner HBC Hamburg Bulk Carriers at CSC Qingshan Shipyard and the B
PC Maritime’s Navmaster ECDIS has been chosen by China Shipping Group to be fitted to 50 newbuild bulk carriers. This large ECDIS fleet contract was negotiated by Bogerd Martin NV’s subsidiary company, Bogerd Martin China, based in Shanghai.
The Port of Los Angeles contract Ports America to provide operation, management & maintenance of the Port of Los Angeles Cruise Terminal at Berth 90-43 in San Pedro, Calif. The five-year agreement, commencing April 2013, includes two 5-year options
At 32.8 million tons, total seaborne cargo throughput for the first three months of 2013 put the Port of Hamburg back on a growth course. The trend in bulk cargo handling, especially, fuelled the increase in seaborne cargo handling: In the first quarter of the year a total of 10