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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.


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


Star Bulk Adds Three Vessels

Photo: Star Bulk Carriers Corp

 Star Bulk Carriers Corp. announced that on July 15, 2015 it took delivery of M/V Goliath and M/V Maharaj, two 209,000 dwt Newcastlemax bulk carriers built by Nantong COSCO KHI-Ship Engineering Co.   In addition, on July 22, 2015 Star Bulk took delivery of M/V Star Aquarius, a 61,000 dwt Ultramax bulk carrier built by Japan Marine United.   Following these deliveries, Star Bulk owns seventy-two dry bulk vessels on the water, consisting of three Newcastlemax, eighteen Capesize


Suezmax Tanker Delivered to NAT

Nordic American Tankers Limited (NAT) has today taken delivery of the first of two recently purchased secondhand Suezmax tanker vessels.   NAT announced in July that it had agreed to acquire two 2010-built ships for delivery in September and October 2015. The first of these ships was taken over by NAT today and renamed Nordic Light.   Upon delivery of Nordic Light’s sister ship in October, NAT will have a fleet of 26 Suezmax vessels including two new builds scheduled to be


Refugees Give Greek Tour Operators an Extended Season

Placards in hand, travel agent Iakovos Bouchoris and his team scout for customers at Greece's busy Piraeus port, near Athens, where some 5,000 people arrived on Tuesday in a single day on ships from outlying islands close to Turkey.   Instead of the usual groups of German, Italian and Korean tourists, the tour operators were waiting for Syrian refugees; and rather than touring the ancient ruins of the Greek capital, they were heading north to the Greek-Macedonian border.  


Newcastlemax Duo Joins Diana Shipping’s Fleet

M/v San Francisco. Photo: Diana Shipping Inc

 Diana Shipping has taken delivery of the m/v San Francisco (formerly Hull No. H2548)  and the m/v Newport News (formerly Hull No. H2549), two new building Newcastlemax dry bulk vessels that were contracted in May 2013.   The m/v San Francisco has been time chartered to Koch


Tug Huron Goes to Work in Duluth

Photo: Kenneth Newhams / Great Lakes Towing Company

The Great Lakes Towing Company said it has repositioned its Tug Huron to Duluth, Minn. on Monday, January 2, 2017 to enhance capabilities for icebreaking, harbor assist and other services essential to commercial shipping in the Duluth-Superior region.  


Wärtsilä CSSC JV Opens Factory in China

Inaguration of the new factory in China Photo Wärtsilä

CSSC Wärtsilä Engine Co Ltd (CWEC), the joint venture company formed between Wärtsilä and China State Shipbuilding Corporation (CSSC), has formally opened its new production facilities located at Lingang, Shanghai. The opening ceremony took place on 9 January


Pirates Attack in Philippine south Leaves 8 Dead

Armed men killed eight fishermen in what appeared to be an attack by pirates in dangerous waters in the southern Philippines, a coast guard spokesman said on Tuesday.   The apparent act of piracy came as Philippine soldiers were given a six-month deadline to end Islamist militant threats


Six Migrants Die in Mediterranean, 300 Rescued

Rescuers saved around 300 migrants from rubber and wooden boats in the Mediterranean on Wednesday but recovered six dead bodies during the operations, the Italian coastguard said.   Coastguard and naval ships as well as two privately owned tugs rescued the people from four boats in the


SFL Takes Delivery of 19,200 TEU Containership

Ship Finance International Limited (SFL) said it has taken delivery of MSC Anna, the first of two 19,200 TEU container vessels from Huyndai Heavy Industries, Korea. The vessel is chartered out for a period of 15 years, and lease financing has been secured for the full term of the charter.


China: Civil Charter Flights to South China Sea Outpost

China has begun daily civilian charter flights to Woody Island in the disputed South China Sea after approved the airport there for civil operations, state news agency Xinhua said on Thursday.   China claims almost all of the South China Sea


Two Medevaced from Tanker off Sabine, Texas

CRUDE OIL TANKER UNITED AMBASSADOR PHOTO USCG

Coast Guard crews medevaced two men after they were struck by a pressurized object and suffered injuries aboard a tank ship about 20 miles off the Texas Point Wildlife Refuge Wednesday afternoon. The crew of the tanker United Ambassador contacted Coast Guard Marine Safety Unit Port Arthur


Lamprell Delivers Jackup Rig to NDC

Photo of the Naming ceremony Courtesy Lamprell

Lamprell announced the completion of construction on the jackup drilling rig, “Al Gharbia”, and its delivery to Abu Dhabi’s National Drilling Company (‘NDC’).  Completion and delivery of the jackup rig, on time and on budget


Father, Daughter Rescued from Vessel Taking on Water

The Coast Guard rescued Jonathan Mason and his 5-year-old daughter from their pleasure craft near the north end of Lake Borgne, Louisiana, Tuesday. Coast Guard Sector New Orleans watchstanders received a report at 4:10 p.m. from the St. Bernard Sheriffs Office that a 17ft pleasure craft was


FMC Green Lights Miami Terminal Partnership

File photo: South Florida Container Terminal

An agreement between two marine terminal companies located at the Port of Miami will go into force on December 31, 2016, permitting those parties to seek cooperation and commonality in both business and operating matters.   The U.S. Federal Maritime Commission (FMC) voted Thursday not to


Nigeria to Pursue peace in restive Oil-producing Delta Region

Nigerian President Muhammadu Buhari Photo Nigerian goverment website

Nigeria's government will seek a lasting peace settlement with militants in the oil-producing southern Niger Delta region in 2017, President Muhammadu Buhari said in a New Year's message on Saturday. Attacks on oil facilities in Nigeria's energy hub, coupled with low oil prices


US FMC approves Miami Marine Terminal conference agreement

Federal Maritime Commission Chairman Mario Cordero Photo FMC

An agreement between two marine terminal companies located at the Port of Miami went into force yesterday, permitting those parties to seek cooperation and commonality in both business and operating matters. The Federal Maritime Commission (FMC) voted today not to prevent the "Miami Marine


Wärtsilä, MOL Sign maintenance Deal for Two LNG Carriers

Wärtsilä increases operational safety and predictability for two LNG carriers of MOL LNG Transport (Europe) Ltd. Photo Wartsila

Wärtsilä has signed a ten-year maintenance agreement with MOL LNG Transport Europe Ltd., an affiliate of the Japanese MOL Group. The agreement, which covers two LNG carriers, increases the predictability of the vessels' operations, enhances safety and reduces operational costs


New Research Vessel Delivered to State of California

The innovative and efficient Incat Crowther design will ensure Sentinel will be on the job for decades (Photo: Vigor)

A new 60-foot research vessel has been delivered to the California Department of Water Resources (DWR).   The rugged and utilitarian catamaran, Sentinel, was designed by Incat Crowther and built at Vigor’s specialized aluminum fabrication facility in Seattle.  






 
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