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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.


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.


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


Engineer Pleads Guilty to Pollution Charge

Duk Jo Jeong, a first assistant engineer of a Toyota car carrier ship, pled guilty to making a false statement to the United States Coast Guard concerning the disposal of waste oil aboard the Cygnus. The Cygnus car carrier ship which transported automobiles between Japan and the United States. Jeong was immediately sentenced to two years of probation by Judge Garr M. King; he will then be deported to Korea. Judge King noted that Jeong, a Korean national


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


More Ghost Fleet Vessels to be Removed

The U.S. Maritime Administration (MARAD) today announced a contract award for the disposal of obsolete ships in the James River Reserve Fleet. Post-Service Remediation Partners (PRP) of New York will be awarded a payment of $14.8 million to remove a total of 15 ships from the James River Reserve Fleet. This is the largest removal of obsolete ships in a single year from the National Defense Reserve Fleet since 1993. "As stewards of the environment


News: More Ghost Fleet Ships Contracted for Scrap

The U.S. Maritime Administration (MarAd) recently awarded a contract for the disposal of obsolete ships in the James River Reserve Fleet. Post-Service Remediation Partners (PRP) of New York will be awarded a payment of $14.8 million to remove a total of 15 ships from the James River Reserve Fleet. This is the largest removal of obsolete ships in a single year from the National Defense Reserve Fleet since 1993. "As stewards of the environment


Cleaning Up Ship Recycling

Photo by DNV GL

 When a ship is sent to die, 95 per cent of its components live on. But the safety and sustainability record of ship recycling yards could be improved. MARITIME IMPACT explains how EU regulations aim to achieve this.   Every year up to 1


GAC Dubai Wins Group HSSE Award

Stuart Bowie Managing Director of GAC Dubai receiving the trophy Courtesy GAC

  GAC Dubai’s introduction of a suite of practical innovations to improve safety in working conditions and reduce the company’s carbon footprint has won it the Group Chairman’s Award for HSSE (Health, Safety, Security and Environment) Excellence for 2015.


Shippers Urged to Use Transitional Measures for Ship Recycling

Photo courtesy of ICS

Shipping companies are being strongly encouraged to use new ‘Transitional Measures for Shipowners Selling Ships for Recycling’ launched by a coalition of international shipping industry organizations. The purpose of the new ‘Transitional Measures’ – developed by an


FSL Trust Divests Two Containerships

FSL Trust Management Pte. Ltd., as the trustee-manager of First Ship Lease Trus, announced that the Trust has completed the disposal of Ever Radiant and Ever Respect for a cash consideration of approximately $10,800,000. Ever Radiant and Ever Respect are Japanese-built, 4


U.S., Korea Conclude Exercise Clear Horizon

Exercise Clear Horizon is an annual bilateral exercise between the U.S. and Republic of Korea navies that focus on increasing capabilities and coordination between ships, and aircraft in mine countermeasures in international waters surrounding the Korean peninsula Photo USN

   Helicopter Mine Countermeasures Squadron (HM) 14, Detachment 1, and Mine Countermeasure Squadron (MCMRON) 7, completed the bilateral mine countermeasures exercise Clear Horizon with the Republic of Korea (ROK) Navy, Nov. 13.  Exercise Clear Horizon is an annual bilateral


Second Quake hits North Oklahoma

  A magnitude 4.1 quake hit near the north Oklahoma town of Medford on Friday, the second temblor in two days to hit the area where energy extraction takes place. The U.S. Geological Survey said the quake, initially reported as a magnitude 4.6, struck at 4:40 p.m. at a shallow depth of 4


Ecoslops Produces First Marine Fuel Prodcuts

Photo: Ecoslops

Ecoslops' refinery in the Port of Sinès, Portugal, has commenced industrial production and delivered the first volume of marine fuel products compliant with ISO8217, validating the company’s commercial proposition, the company announced today


Moore Stephens Highlights Potential Tax Issues for Shipping

Image: Moore Stephens UK

 As part of the Government’s drive to encourage voluntary compliance with the tax rules, it will legislate to introduce a new requirement that large businesses publish their tax strategies as they relate to or affect UK taxation, as well as a special measures regime to tackle businesses


Subsea 7 Wins North Sea Decommissioning Work

Subsea 7 will provide decommissioning services for the second phase of Centrica’s Rose and Stamford gas field decommissioning programs, located in the southern North Sea.   The project is the latest call-off contract under a partnership frame agreement signed in 2005


Moody's changes outlook on CMA CGM's B1 ratings to stable

Photo: CMA CGM

 Moody's Investors Service has today changed to stable from positive the outlook on CMA CGM S.A.'s B1 corporate family rating, B1-PD probability of default rating and B3 senior unsecured rating.    Concurrently, Moody's has affirmed the ratings assigned to the company


Petrobras Offers to Sell up to 10% of Libra Field

Brazil's state-run oil company Petrobras is offering up to a quarter of its 40 percent stake in the huge Libra offshore oil prospect as its seeks to reduce the largest debt in the global oil industry, two industry sources said on Tuesday.  


Petrobras Offers Stake in Coveted Offshore Block

Petrobras plans to reduce its 40 pct stake in Libra field. Brazil's state-run oil company Petrobras is offering up to a quarter of its 40 percent stake in the huge Libra offshore oil prospect as its seeks to reduce the largest debt in the global oil industry, two industry sources said on Tuesday


Ship Officers Charged in Oil Discharge Cover Up

A federal grand jury in Greenville, North Carolina, has returned a nine-count indictment charging two engineering officers employed by Oceanfleet Shipping Limited with crimes relating to the illegal discharge of oily wastes directly into the sea, announced Assistant Attorney General John C


Argo Response Completed

Unified Command responders perform salvage operations for the Lake Erie sunken tanker barge Argo, hot-tapping and pumping the barges tanks on November 29, 2015. (U.S. Coast Guard photo courtesy of Kurt Kollar, Ohio EPA)

The response effort to remove a hazardous cargo from the 104-year-old sunken tank barge Argo in Lake Erie officially ended Monday afternoon with the demobilization of all remaining equipment.   Contracted by the U.S. Coast Guard as part of a Unified Command effort


Drugs Seized at Sea: HMAS Melbourne Makes 4th Drug Bust

HMAS Melbourne Narcotics seizure: HMAS Melbourne is conducting Maritime security Operations under the authority of Combined Task Force (CTF) 150 in the Persian Gulf and Indian Ocean during her deployment in the Middle East Region on Operation MANITOU, Australians contribution to the US-led Combined Maritime Forces (CMF). (Copyright: Australian Department of Defence; Photographer ABS Bonny Gassner)

HMAS Melbourne personnel have completed a fourth successful drug seizure for Operation MANITOU after seizing 118kg of heroin from a fishing vessel in the Indian Ocean.   The ship’s boarding party completed a thorough search of the vessel on December 26 and discovered 118kg of drugs






 
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