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Takes Two

AEP MEMCO LLC Doubles Headquarters

AEP MEMCO, a dry cargo barge operator will be growing its business in a new Class A office building emerging at Chesterfield Village in Chesterfield, Mo. AEP MEMCO LLC will more that double the size of its headquarters by taking two floors in the five-story, 100,600-sq. ft. Central Park Square Office I being developed by Sachs Properties. AEP MEMCO, based at Chesterfield Village since 1995, will occupy 42,000 square feet when the new building opens next year. The start of Central Park I marks the 40th anniversary of Chesterfield Village and opens the next chapter – Downtown Chesterfield – in the 1,500-acre development. Downtown Chesterfield will include a second six-story, 150,000-square-foot office structure and four pedestrian-oriented retail buildings totaling 26,000 square feet. AEP MEMCO employs 1,100 people nationwide, including 115 at it current headquarters. Knoy anticipates adding another 35 employees after the firm occupies its new headquarters taking shape on a 20-acre site in the 16000 block of Chesterfield Parkway West. The company currently operates out of 18,000 square feet of space in the Roosevelt Building at 16090 Swingley Ridge Rd.


Stena Bulk, Concordia Team to Order 10 Chemical Parcel Tankers

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As shipyards around the world struggle for business, Stena Bulk and Concordia Maritime confirmed an order of up to 10 in-house designed chemical tankers. The ships will be built at Guangzhou Shipyard International (GSI) in China with deliveries beginning from spring 2014. When delivered, the 50,000-dwt vessels will be the most sophisticated in the Stena Bulk and Concordia Maritime fleet. The value of the order is $400 million if all ten ships are declared


Russians Take Journalist To Kursk Site

Nearly a year after the Kursk submarine sank in the Barents Sea with the loss of all on board, Russia packed 99 journalists onto a ship and took them to the site of the catastrophe. The Kremlin says it wants to make the lifting of the 18,000 ton nuclear-powered warship a model of multi-media openness, after weathering fierce criticism last summer for its handling of an accident that is still shrouded in mystery. Horror at the loss of one of Russia's most modern submarines and her 118 crew


Capesize Momentum Likely To Continue Through End Of Year

The momentum in the Capesize shipping markets is likely to continue across the next month, shipping brokers said. However, continued rate strength in the New Year will depend on sentiment concerning Bocimar's intentions for the vessels it has on short term charters coming up for renegotiation from February. Current optimism in rates being maintained is based on recent timecharter fixtures of $20,500 a day for a modern bulk carrier East and $17,600 on a return trip to Europe, a broker said


Graig Group Secures Orders For Bulk Carriers

Cardiff-based Graig Group has secured seven firm orders for its modern double-hull ultra handymax Diamond 53 bulk carrier. Graig has ordered two Diamond 53's from Shanghai's New Century yard, Athens-based Thenamaris has taken two Graig orders from the same yard, and Scandinavian interests have confirmed, through Graig, three orders at Shanghai's Chengxi yard. First deliveries will begin in January 2005. A total of nine options have been granted by the two shipyards.


GAC Mersey Installs UK Offshore Platform

Conwy Platform: Photo credit GAC

GAC Shipping UK completes the successful installation of the Conwy platform 40 miles off the port of Liverpool in good time The successful installation was completed only two months after a tug carrying the rig's jacket and topside - each weighing in at over 700 MT - set off from Rotterdam. GAC's Liverpool office was appointed by Dutch heavy civil engineering company HSM Offshore BV to provide an integrated package of support services to construct and hook-up the platform.


WSF Port Townsend-Keystone Route to Continue Full Servcie

Washington State Ferries (WSF) said that the Port Townsend-Keystone route will continue to operate on a two-boat regular schedule, despite reports that the Nisqually may be taken off the route and service reduced to one vessel. The Nisqually and the Klickitat will operate on the published summer schedule, which is available online at http://www.wsdot.wa.gov/ferries/. On Sunday, July 29, a slow leak was discovered in the stern tube (part of the vessel steering system) of the Illahee


Maersk Pirate Deserves 27-Years According to His Lawyers

According to a report from Bloomberg, Abduwali Muse, a Somali pirate who pleaded guilty to hijacking the container ship Maersk Alabama, should get 27 years in prison when he is sentenced this month, his lawyers said, citing his youth and poverty. Muse admitted in May to two counts of hijacking maritime vessels, two counts of kidnapping and two counts of hostage taking. He faces 27 years to 33 years and nine months in prison under a range agreed to by his lawyers and the U.S.


Offshore Platform/ROV Support Vessel Delivered

Singapore's Greatship Global Offshore Services Pte. Ltd. takes delivery of the vessel from Colombo Dockyard, Sri Lnaka. Greatship Global Offshore Services Pte. Ltd. (GGOS), a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), which is a wholly owned subsidiary of The Great Eastern Shipping Company Limited has taken delivery of a Platform/ROV  Support Vessel, Greatship Ragini. Greatship Ragini is a DP2 vessel


As Interest in LNG Surges, Regulators Struggle to Keep Pace

Joan M. Bondareff

The use of Liquefied Natural Gas (LNG) as a transportation fuel for ships, barges and ferries has surged in recent months.  This surge is due, in large part, to the boon in the production of natural gas in the U.S.; new low sulfur rules for the North American Emission Control Area (ECA), which go into effect on January 1, 2015; and new technologies for the construction of engines capable of running on LNG.  Regulatory regimes both in the U.S


Damen ASD 2810 Hybrid Tug Delivered to Multraship

Multratug 28 (Photo: Damen)

Multraship took delivery of a Damen ASD 2810 Hybrid tug vessel, built at Damen Shipyards Galaţi, in Romania. The delivery is part of Multraship’s fleet expansion program, which involves a number of Damen vessel orders.   The new vessel, named Multratug 28


This Week's Top Stories

     Concept art for the Shearer Group and Conrad Shipyards LNG powered towboat

  The top stories this week covered everything from a DP system failure, a facelift for a WWII torpedo boat, and some mysterious tankers off the coast of Philadelphia.   The tanker Olympic Flag was carrying 650,000 barrels of Angolan crude when it dropped anchor seven miles off the


Spanish Boat Wins Leg of Ocean Race

Mapfre (Pic by Volvo Ocean Race)

 Spanish boat Mapfre has claimed victory in the Auckland leg of the of the round-the-world Volvo Ocean Race from Sanya, China, to Auckland.   The Alicante-based yacht Mapfre edged out Abu Dhabi Ocean Racing - skippered by Briton Ian Walker - by just four minutes 25 seconds


Canadian Submarines Ready to Hit the Sea

Photo credit: Royal Canadian Navy

 For the first time since they were purchased in 1998, the Royal Canadian Navy has reached a stage where three of its four diesel-electric submarines are now shipshape and available for operations.   Canada's Navy is marking what it calls a milestone for its controversy-plagued


BWMC's Entry Into Force Imminent

Jacqueline Tan, Senior Claims Executive at the UK P&I Club, commented on the ballast water management controls coming into force:  “The coming into force of the Ballast Water Management Convention 2004 (“BWMC”) is now imminent


CMA CGM Launches West Africa Logistics Hub

Picture by the CMA CGM Group

 French maritime transporter CMA CGM has opened a logistics complex, between the port and city of Douala, Cameroon, and set up a new firm to handle inland transportation in West African markets.   Christened 3CTC (CMA CGM Cameroon Container Terminal)


James Fisher Wind Farm Support Vessel Named

Chris Compton, Jim Hey, Adrian Went, Maria McCaffery, Sue Blacthford and Arthur Todd (Photo: JFMS)

James Fisher Marine Services’s (JFMS) multipurpose wind farm support vessel, Dart Fisher, has been formally named by the vessel’s Godmother Maria McCaffery MBE, CEO of RenewableUK at a dedication service held at Griffon Hoverwork, Southampton.  


Oil Tankers Idle for Months off US, Puzzling Some

Late last November, the tanker Olympic Flag carrying 650,000 barrels of Angolan crude dropped anchor about 7 miles off the coast in Delaware Bay, a seemingly routine shipment destined for a nearby Philadelphia refinery.   What happened next was anything but routine


Indonesia Upbeat Ahead of IORA Chair

Pic: Indian Ocean Rim Association (IORA)

 Indonesia is gearing up to turn its foreign policy focus westward when its role as Indian Ocean Rim Association (IORA) chair begins later this year, reports Jakarta Post.   The country is ready to expand the promotion of President Joko “Jokowi” Widodo’s


SCI's Worldwide Agents Meet

SCI’s Worldwide Agents Meet 2015

  The Shipping Corporation of India’s (SCI) Worldwide Agents Meet 2015 was this year held in the Auditorium of  it's Maritime Training Institute at Powai. The meet was attended by about 102  delegates from various agency houses  representing Far East, Indian Subcontinent


Atlantic Gas Swings Keep LNG Traders Guessing

MILAN, Feb 26 (Reuters) - Atlantic natural gas markets are seeing some of the biggest price swings in years as volatile European trade, freezing U.S. weather and Brazilian demand leave tankers torn over where to sail. The region's gas markets


Tall Ship Docked for Repairs

Tall ship Stavros S Niarchos in for general maintenance and repairs

The largest brig to be built in the U.K. in a century sailed into in a Greenock dry dock yesterday for general maintenance and essential winter repairs.   The Stavros S Niarchos has arrived at the Garvel Clyde site, which is owned by Aberdeen-based Dales Marine Services


Keels Laid for Two Aluminum OSVs

Image: Triangle Marine Services

Triangle Marine Services and Marine Core & Charter host keel laying ceremony for two Aluminum Fast Offshore Support Vessels   UAE-based shipbuilder Triangle Marine Services has laid the keels of two new 45-meter Aluminum Fast Offshore Support Vessels


NATO Maritime Commander Visits IMO Antipiracy Training

Photo: IMO

NATO Maritime Commander Vice Admiral Peter Hudson, CBE Royal Navy, visited the two-week Advanced Maritime Law Enforcement/Training of Trainers course taking place at NATO Maritime Interdiction Operational Training Centre (NMIOTC), in Souda Bay, Crete, Greece.  


Davie Building LNG-powered Ferries

Photo courtesy of Davie

Canadian shipbuilder Davie held a keel laying ceremony for MV Armand-Imbeau II, marking the beginning of the hull assembly for this first of two sisterships under construction at Davie for the Société des traversiers du Québec (STQ).






 
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