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Ship Disposal

Adonis Sells for More Than $1m

The U.S. Department of Transportation’s Maritime Administration has sold a ship from the Beaumont Reserve Fleet for more than $1million, the first time under the current program that a ship has brought such a price.  International Shipbreaking, Ltd., in , , will pay $1,151,727 for the ship Adonis, now moored at the Beaumont Reserve Fleet site in .  Three other government-owned, obsolete ships are also being sold to the company for an additional $173,297: the , the and the Buyer. These sales stand in contrast to most ship disposal contracts in recent years, which have involved the federal government paying to have its obsolete ships recycled.  High worldwide prices for scrap steel have recently made such ships more valuable to recyclers, who sell the steel and other materials recovered from the ships. Two of the ships being sold, the and the Cape Canaveral, are breakbulk freighters and are located at the James River Reserve Fleet site in .  The was built at the Todd Shipyard in in 1961.  The Cape Canaveral was built at the Avondale Shipyard in in 1963.  When these two ships depart the site for recycling, they will be the 70th and 71st vessel to do so since January of 2001. The Adonis, a liquid-bulk tanker, was built by A.G. Wesser Seeback of in 1966.  The other ship being sold, the Buyer, is also in the Beaumont Reserve Fleet, and was built as a breakbulk vessel by National Steel & SB in in 1960.


Obsolete US Ship Recycling Target Surpassed

U.S. Transportation Secretary visits Suisun Bay in Northern California to celebrate surpassing administration's goal for recycling. Ray LaHood, US Transportation Secretary visited Shuisun Bay for the occasion. In 2010, the Department’s Maritime Administration (MARAD) committed to removing 28 ships from the fleet by September 30, 2012.  To date, MARAD has removed 36 ships, with three more vessels scheduled for removal by the end of the year.


Hearing on Disposal of Ghost Fleet

The Senate Commerce Committee released testimony of various witnesses who spoke at the hearing conducted by the Surface Transportation and Merchant Marine Subcommittee on July 7, 2003. Maritime Administrator William G. Schubert


NAVSEA Garners Awards

Naval Sea Systems Command (NAVSEA) emerged as a major force in environmental stewardship judging by its impressive showing during a recent series of environmental awards. NAVSEA and its various activities were very well represented on April 30 and May 1 at a series of environmental awards presentation ceremonies on behalf of the Chief of Naval Operations (CNO), the Secretary of the Navy (SECNAV) and the Department of Defense (OSD).


Ship Disposal Encounters Enviro, Political Hurdles

By Joan M. Bondareff and Charles T. Blocksidge In 2001, Congress directed the Maritime Administration (MarAd) to dispose of all obsolete vessels in its inventory by September 30, 2006, and to do so "in the manner that provides the best value to the Government." At present, MarAd has 104 non-retention ships not under contract in three locations around the country-James River Reserve Fleet in Virginia, Beaumont Reserve Fleet in Texas, and Suisun Bay Reserve Fleet in California


ATLAS ELEKTRONIK Enhances SeaFox Systems

Atlas_COBRA 2 web.jpg

ATLAS ELEKTRONIK enhance capabilities of its SeaFox Systems with EOD tool COBRA. Bremen/London, 13 September 2011 - ATLAS ELEKTRONIK has recently teamed with ECS Special Projects Ltd. to exclusively provide the EOD tool COBRA for the ATLAS SeaFox Sys-tem. The COBRA (Clip-On BX-90 Re-loadable Assembly) can be fitted to the re-usable SeaFox vehicle offering Explosive Ordnance Disposal (EOD) capability from surface to 300m


P&O Cruise Division Sees Strong Trading, Advances Plans For U.S Listing Next Year

The cruise arm of Peninsula and Oriental Steam Navigation Co. continues to experience excellent trading conditions, with total capacity up 14 percent this year, company officials said. P&O officials said the cruises division was fully booked at yields consistent on a like-for-like basis with last year's high levels. The outlook for the division next year is "highly positive," with capacity seen increasing by 21 percent, booking 70 percent full for the first half, and yields again good.


Agencies Reach Accord on Managing Long Island Sound Dredged Materials

Six government agencies tasked with regulating dredging activities in Long Island Sound have reached accord on a process to support the goal of reducing or eliminating open water disposal of dredged materials into the Sound while maintaining the economic viability of New York and Connecticut's working ports. The agreement ratifies the intent of three federal and three state agencies to formally administer a Regional Dredging Team to comply with the June 3, 2005, rulemaking by the U.S


'Mine-Pouncing' is Just What it Says

Mine Pouncer: Photo credit USN

Members of US Navy's Explosive Ordnance Disposal Mobile Unit (EODMU) 11 participate in a recent mine pouncing training exercise in the Indian Ocean. "Back in the day, they would jump out of a helo near a mine and attach an explosive to it," said Explosive Ordnance Disposal (EOD) Technician 2nd Class Ruben Villegas. "They would then get picked up and go on to the next one, then the next one. That's where the term mine pouncing came from."
 It seems nothing much has changed


FSL Sells Stake in Torm

Photo courtesy of Torm

FSL Trust Management has sold its entire shareholding in Denmark-based Torm, the company announced Friday.    The sale of over 18 million shares generated $2.63 million for FSL. FSL gained $1.71 million from the initial investment in the shipping company, which was part of a restructuring of nonperforming bareboat contracts in 2012.   The gain will be listed in FSL's first quarter accounts. FSL performed the disposal during a short term spike in Torm share prices between


Pirates Pillage Thai Oil Vessel

Thai  tanker Lapin (Pic by PBS)

 Pirates robbed a Thai tanker in Malaysian waters of some 2,000 tonnes of oil it was transporting from Singapore before planting a bomb on the vessel.  According to a statement from Rear Admiral Somchai Na Bangchang, the chief of staff of Thailand's Third Naval Area Command all 15 crew


Hubline Exits Container Shipping Business

Photo: Hub Shipping Sdn Bhd

 Malaysian Shipping company Hubline Bhd will discontinue its container shipping operations to focus more on breakbulk cargo and exit the industry by the end of the financial year ending Sept 30, 2015   The company cited overcapacity in the market and difficult economic operating


Maersk May Reward Shareholders as Oil Unit Suffers

Danish conglomerate A.P. Moller-Maersk may announce a second share buyback scheme in its 110-year history as early as Wednesday, analysts said, allowing it to reward shareholders as its oil unit takes a battering from a slump in prices. Further divestments from its large portfolio of companies


Strip Club Barge Accused of Dumping Sewage into Harbor

Owners of floating Kodiak strip club indicted by Federal Grand Jury; Wild Alaskan operators accused of dumping raw sewage into Kodiak Harbor, Alaska   A federal grand jury returned a three-count indictment against the owners of a floating bar and strip club barge


Bulker Chief Engineer Convicted of Environmental Crimes

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A chief engineer from the M/V Trident Navigator was convicted by a federal jury in New Orleans late yesterday after a week-long trial, of knowingly falsifying the vessel’s oil record book in violation of the Act to Prevent Pollution from Ships (APPS)


Chinese Yards Apply for EU Regulation on Ship Recycling

Two Chinese ship recycling yards have applied for inclusion of their facilities in the future EU list of Ship Recycling Facilities.    The official documents for the application were presented yesterday in Brussels to Julio Burgués


Italian Shipbuilder Pleads Guilty to Environmental Crimes

DOJ.jpg

An Italian shipping firm based in Genoa, Italy, pleaded guilty to violating the Act to Prevent Pollution from Ships by falsifying required ships’ documents to hide the fact that the ship had illegally discharged oil contaminated waste into the ocean on multiple occasions


ThyssenKrupp Sells Emden Shipyard

ThyssenKrupp and Seafort Advisors GmbH have entered into an agreement on the sale of the Emder Werft und Dockbetriebe shipyard in Emden. ThyssenKrupp began looking into alternative strategic options for the company at the end of 2013 as part of the group's strategic way forward


Fines for Polluting Turkish Waters

Turkish ports and Straits

  Pollution fines at Turkish ports and Straits have been increased with effect from January 2015. The Turkish authorities are very sensitive and aggressive on all issues concerning water pollution in the country's territorial waters.


Damen Wraps Another Cruise Repair Project

Photo: Damen

Saga Sapphire heads to the Canaries after repair and refurbishment works at Damen Shiprepair Rotterdam   The Saga Cruises-owned Saga Sapphire left Damen Shiprepair Rotterdam December 19 after receiving repair and refurbishment works as well as a scheduled Class Survey. The 199


Pacific Basin Issues Profit Warning

Image courtesy: Pacific Basin Shipping

 Dry bulk shipowner Pacific Basin Shipping announced a total of US$132 million (HK$1 billion) impairment charges on chartered-in vessel contracts and bunker fuel swaps.   The Hong Kong-listed company informed the stock exchange that  it took US$101 million provisions mainly


Britain to Ban Fracking in National Parks

Britain said on Monday it would ban fracking in national parks, reversing a policy announced last year, in a concession to the opposition Labour Party which had called for tighter controls to be written into law.   "We have agreed an outright ban on fracking in national parks


Bank of China Signs $14b Deal With China Shipping

Bank of China Tower - Image: Bank of China

Bank of China and China Shipping Group (CSG ) signed a global strategic cooperation agreement worth $14 billion (RMB90bln) in Beijing yesterday to develop cooperation opportunities worldwide, especially in the Shanghai Free Trade Zone (FTZ). 


Rolls-Royce Sets Up MTU Middle East Subsidiary

Rolls-Royce has set up MTU Middle East as a new regional sales and service subsidiary with head office in Dubai to support distributors and business partners of MTU, MTU Onsite Energy and Bergen Engines in 21 countries in the Middle East and North Africa.  


Cosco Scraps Eight Old Bulk Carriers

Image: Cosco group

Following the recent announcement ordering 10 drybulk vessels, Cosco Group announced that it has sold eight old bulkers with a total capacity of 553,798 dwt for scrapping.    The vessels were sold to different third parties for scrap for approximately RMB82.2m ($13.3m)






 
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