718-ton absorption tower discharged at Louisiana Ave. wharf Fracht USA/Germany, a global freight forwarder, completed one of the heaviest project cargo lifts in the Port of New Orleans’ history January 12, discharging a 718-ton, 164-foot-long absorption tower from ship-to-barge. The SAL Amoenitas arrived at the port’s Louisiana Avenue Terminal January 10 after a 45-day trip from Shanghai, China. The lift was completed January 12 by SAL Heavy Lift, Fracht, Roll-Lift, McDonough Marine and the terminal’s stevedore - Coastal Cargo Company LLC. “This lift underscores the Port of New Orleans’ ability to handle the largest and most complex cargo in the industry,” said Port President and CEO Gary LaGrange. “Our stevedores have realized a real boost in project cargo in the past year, due to the historic industrial expansions and new construction both on the Lower Mississippi River and along the Gulf Coast.” The absorption tower is destined for a major plant project in Donaldsonville, La. “This is great business for Coastal as well as for the Port of New Orleans,” said Dan Hauser, President and CEO of Coastal Cargo Company LLC. “Project cargo of this type and magnitude has not been traditional in the Port of New Orleans. It’s wonderful to have this type of diversity added to the port’s cargo mix.”
OW Bunker highlighted the potential safety issues that ship owners and operators will face in Turkish waters when new local sulfur legislation comes into force from January 1, 2012. The ruling, delivered by the Turkish Chamber of Shipping and the Turkish General Directorate of Marine Transport states that: ‘…marine fuels whose sulfur content exceeds 0.1% by mass cannot be used as of 01.01.2012 in the inland vessels and in the vessels on the quay.’
Farrell Lines announced the addition of two U.S. flag roll-on, roll-off vessels into its fleet, the Alliance Beaumont and Alliance Charleston. These ships complement the Alliance St. Louis and Alliance Norfolk, which have been U.S. flag vessels since February 2008. The Farrell Lines fleet now consists of four roll-on, roll-off vessels. The Alliance Beaumont was brought under the U.S. flag on February 21 in Dubai, and this vessel will participate in the Maritime Security Program (MSP)
Globe Wireless has been selected by “K” Line to provide a turnkey implementation of the Inmarsat FleetBroadband service. “K” Line is a large ship owner/operators, which includes container ships, car carriers, bulk carriers, gas carriers and tankers. The signed agreement between “K” Line and Globe Wireless entails the up gradation of its service in the vessels presently using the Globe Wireless network
Ship Finance International Limited (NYSE:SFL) has agreed to terminate chartering agreements with Horizon Lines, LLC relating to five of its vessels. Ship Finance will receive as termination compensation $40 million in second lien notes issued by Horizon Lines and warrants exercisable into ten percent of the common stock of Horizon Lines, Inc. as part of the restructuring outlined below. The 2,824teu vessels were built in Korea in 2006 and 2007
Maersk Line announced it has today ordered 11 new ultra-large second generation Triple-E containerships from Daewoo Shipbuilding & Marine Engineering (DSME). Ordered to replace smaller, less efficient ships in the Maersk Line fleet, the new vessels will be the shipper’s largest and are intended to enter Asia - Europe service between April 2017 and May 2018. They will sail under Danish flag.
Carnival Corporation reached an agreement with Italian shipbuilder Fincantieri for the construction of four new cruise ships worth more than $2 billion, along with options for two additional vessels. The agreement calls for the construction of four new vessels (one each for Costa Crociere, Holland America Line, Carnival Cruise Lines, and Princess Cruises); the two additional vessel options are for Carnival Cruise Lines and Holland America Line.
Three further K Line vessels to install ClassNK-NAPA GREEN eco-efficiency software after reporting fuel savings during trials on an 8,600 TEU container vessel NAPA and ClassNK announced a deal with Kawasaki Kisen Kaisha Ltd. (K Line) to install an eco-efficiency and operational optimization solution, ClassNK-NAPA GREEN, on three additional vessels. The vessels will be fitted with the software in June 2015 after the ClassNK-NAPA GREEN suite of systems proved itself on a
Export hulls – through the FMS Program, as well as Direct Sales – are a key piece of the business model. Even as the crash in energy prices feeds the oversupply of offshore support vessels – a key staple of U.S. boatbuilding diets – and the dwindling backlogs of some so-called ‘second tier’ yards, a number of U.S. boat builders are still seeing robust demand for security vessels
The maritime industry often presents unusual hazards to those who perform the wide variety of work associated with the business of shipping – especially at waterfront facilities. A pickup truck was recently dragged into a harbor by a mooring line that was being hauled in by a ship’s mooring winch. The shore-side line handler that was using the truck to assist with the evolution narrowly escaped injury and possible death by quickly jumping out of the truck before it was
Purpose-built oceanographic research and survey vessel New Horizon has been sold from the Scripps Institute of Oceanography to private interests, announced ship broker Marcon International, Inc. New Horizon will continue to work under her new ownership as a U.S
SSI has hired CAD/CAM specialist Robert Holder as part of its sales force in the U.S. market. According to SSI, the hiring is intended to meet the expanding demand for SSI's design and manufacturing solutions in the shipbuilding and offshore industries.
The world's biggest container-ship operator Maersk Line has confirmed market talk that it has temporarily idled one of its largest vessels - yet another sign that the industry is in dire straits, says a report in the The Straits Times.
The CMA CGM's move to buy Singapore’s Neptune Orient Lines (NOL), could lead to one of the biggest acquisitions in the shipping container industry in years. If it goes through, NOL and CMA's merger would be the biggest container shipping deal in years
In third-quarter 2015, CMA CGM once again outperformed the market average in an industry shaped by a sharp fall in freight rates and overcapacity in certain markets. Freight rates were especially weak on certain lines, including Asia-Europe
A new Polar Logistics Vessel being built for Terre Australes et Antarctiques Françaises (TAAF) and the French Polar Institute (IPEV), and which will be operated by the French Navy, is to be powered by Wärtsilä propulsion solutions
South Africa’s ports are ramping up for a bumper cruise season with at least eight luxury cruise lines and over ten passenger vessels of varying sizes set to ferry international and domestic tourists across the country’s port cities.
Press release - Global marine terminals operator DP World’s flagship Jebel Ali Port has received the world’s largest container vessel, the Magleby Maersk, which is on its maiden visit to the region. The management and operations team at Jebel Ali rolled out a well-drilled
In a container freight market challenged by volatility and facing the prospect of further consolidation, member shipping lines in the Transpacific Stabilization Agreement (TSA) have announced a phased increase in rates and a package of 2016-17 service contract guidelines intended to ensure
The world's largest container shipping company, Maersk Line, plans to raise spot freight rates sharply on main routes from ports in Asia to ports in northern Europe, with effect from Dec. 1, the company said on Tuesday. Spot rates for twenty foot equivalent unit containers (TEU) will rise by $1
The Barbados-registered cargo vessel Skog, which was adrift off Orkney after encountering engine problems, is now under tow, the U.K. Maritime and Coastguard Agency (MCA) reported. The 99-meter cargo vessel, laden with a cargo of paper
Sydney is the stage for the biggest get-together of a fleet of cruise ships ever seen in the harbor city. Five P&O cruise ships have created a V-formation at sea then sailed toward Sydney abreast in a single line, to celebrate the fleet's newest additions
Kuwait-headquartered United Arab Shipping Company (UASC) said that marked drop in Asian imports to Europe, made worse by a strong dollar, has heaped pain on container lines already struggling with massive over capacity, reports Reuters.
Maritime Cook Islands (“MCI”), the leading ship registry, has recently established its presence in India with the appointment of two deputy registrars (“DR”), Mr Faust Pinto Jr and Ms Fereshte D Sethna, to serve the growing yacht owning community in the Indian
Abu Dhabi Ports─the master developer, operator and manager of ports and industrial zones in the Emirate―has started welcoming cruise liners at Sir Bani Yas Island, the Arabian Gulf’s first cruise beach stopover in Abu Dhabi. Two prominent luxury cruise vessels made their maiden calls