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World 19S First

Hong Kong Port Losing Ground to Shenzen

HK Container Port Road:Photo credit Wiki Baycrest CC-BY-SA-2.5

In China's container terminal league table Shenzhen is overhauling HK, Dalian is the fastest growing & Yingkou vaults into top 25. Shanghai is still ahead of Singapore for top spot in the world – by some half a million boxes in the first three quarters – 24.2m teu versus 23.7m. Hong Kong, until 2005 the busiest boxport in the world, is likely to relinquish third spot to Shenzhen this year based on numbers from Alphaliner as reported by SinoShip news. Hong Kong volumes dropped 3.9% in the first nine months, making it the worst performer in the list, while nearby Shenzhen has seen growth of 3.1%. Also of note is the rapid rise of Yingkou, which on the basis of the first nine months of this year, has crept into the top 25. Chinese ports account for 11 of the top 25 ports in the world with Dalian the strongest grower, clocking a whopping 26.2% growth to jump to number 17 in the rankings. Source: SinoShip News  


This Day in Naval History - Nov. 29

From the Navy News Service 1775 - Capt. John Manley in schooner Lee captures British ordnance ship Nancy with large quantity of munitions. 1890 - First Army-Navy football game (Navy won 24-0). 1929 - Cmdr. Richard Byrd makes first flight over South Pole. 1944 - USS Archerfish (SS 311) sinks Japanese carrier Shinano, world's largest warship sunk by any submarine during World War II.


This Day in Naval History – Sept. 11

1814 - In Battle of Lake Champlain, Commodore Thomas Macdonough defeats a British Squadron. 1939 - Bear (AG-29) is commissioned by the U.S. Navy for Antarctic operations under command of RADM Richard Byrd, USN (Ret.). 1941 - President Franklin D. Roosevelt announces order to the Navy to "shoot on sight" vessels threatening U.S. shipping or ships under U.S. escort. 1942 - Pharmacist's Mate First Class Wheeler B


This Day in U.S. Naval History – December 10

1941 - Guam surrenders to Japanese. 1941 - Aircraft from USS Enterprise attack and sink Japanese Submarine I-70 north of Hawaiian Islands. A participant in the Pearl Harbor Attack, I-70 is the first Japanese combatant ship sunk during World War II. 1941 - PBY piloted by LT Utter of VP-101 shoots down Japanese ZERO in first Navy air-to-air kill during World War II. 1950 - Evacuation operations at Wonson, North Korea, completed.


ClassNK Marks Historic World Milestone

ClassNK Chairman and President Noboru Ueda.

First in Class to Hit 200 Million Gross Ton Record.   ClassNK officially announced that its register had surged past the 200 million gross ton mark on 28 May 2012. ClassNK Chairman and President Noboru Ueda announced the historic achievement at a party celebrating the 50th anniversary of the establishment of the London office, which was attended by many of the leaders of the maritime community, including IMO Secretary General Koji Sekimizu and IMIF Chairman Jim Davis CBE


Third Damen PSV Delivered to World Wide Supply

World Pearl (Photo: Damen)

Damen Shipyards Galati has handed over the third Platform Supply Vessel in a series of six to World Wide Supply of Norway. This six-ship order heralds a new era in offshore construction for Damen Shipyards Group. World Pearl is built to Damen’s entirely new PSV 3300 design. The first of the Class PSV 3300, World Diamond, was delivered in July to the Norwegian company. “Delivery of the first PSV 3300 represents a new era in Damen’s continuing offshore supply vessel


Correct Craft Celebrates 75th Anniversary at Turn of the Millennium

Correct Craft, Inc., based in Orlando, manufacturer of the world-famous Nautique brand of water ski and wakeboarding boats, is preparing to launch a major celebration as it enters model year 2000 with its 75th Anniversary. Coming off the eve of major industry recognition - the company claimed the Innovation of the Year Award from Boating Writers International - Correct Craft has proven its continued reputation within the markets it serves


Rutter Receives Wheelmark for VDR

Rutter Technologies Inc. has received authority to affix the Mark of Conformity (wheelmark) that is granted by the EU to its voyage data recorders (VDRs). The wheelmark signifies that the Rutter VDR-100 is compliant with the EU Council Directive 96/98/EC on marine equipment, also known as the Marine Equipment Directive (MED). Now that the first date for mandatory carriage has passed (July 1st, 2002), the VDR has moved from Annex 2 to Annex 1 of the MED and the wheelmark will be required to


This Day in Naval History - March 01

From the Navy News Service 1942 - Patrol Wing (VP) 82 aircraft sinks German submarine, U-656. It is the Navy's first submarine kill of World War II. 1954 - The first of six detonations takes place during Operation Castle nuclear test. 1980 - USS Vulcan (AR 5) completes first six-month deployment with women as part of its crew.


Hiab Crowns World's First Crane Champ

WCC winner Johnny Jensen (Denmark) operating the crane

  Hiab, part of Cargotec, declared Johnny Jensen from Denmark as the first ever World Crane Champion. The Competition was held today at the Commercial Vehicle Show in Birmingham, U.K. with a winning time of 2 minutes 18 seconds. Mr Jensen is taking away a prize of €25,000.   The first runner up was Tobias Bergström from Sweden, with a finishing time of 2:30, and Martin Utpatel from Germany came in third place, with a time of 2:37.  


Dryad Maritime Unveil WxConnect

A suite of weather and vessel tracking services for the safe and efficient voyage management of vessels and fleets. Image Dryad Maritime WxConnect

Today, 5th May 2016, Dryad Maritime release WxConnect, a new scalable, managed weather forecasting service for ships and fleets. The launch of the service comes as latest figures from the International Union of Marine Insurance show that losses due to weather are on the increase.*


Daewoo Shipyard Posts Q1 Operating Loss

Photo: Daewoo Shipbuilding & Marine Engineering Co

 South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. posted a first-quarter loss after incurring more costs to finish some offshore projects.   First-quarter operating loss came to 26.3 billion won ($22.8 million) , sharply narrowing from an operating loss of 1


Maersk Returns to Liverpool

(Photo: Peel Ports)

Maersk has been welcomed to the Port of Liverpool with a formal reception for its feeder vessel Antwerp. The event on April 27 was attended by Seago and Maersk representatives along with customers, and was followed by a port tour, including a trip to the top of the 90m Grain Tower.  


This Day In Naval History: May 5

USNS Cesar Chavez (T-AKE-14) was christened and launched at General Dynamics National Steel and Shipbuilding Companys shipyard in San Diego, May 5, 2012 (U.S. Navy photo by MCSN Jasmine Sheard)

1943 - USS Permit (SS 178), USS Snook (SS 279) and USS Sawfish (SS 276) damage two Japanese ships and sink two freighters and a gunboat.   1944 - The hospital ship, USS Comfort (AH-6), is commissioned at San Pedro, Calif., and is the first ship to be manned jointly by U.S. Army and U.S


Samsung Heavy Loses $4.6-bln FLNG Order

Photo: Samsung Heavy Industries Shipyard

 South Korea’s shipbuilder Samsung Heavy Industries (SHI), the world’s third-largest shipbuilder,  has received a contract termination for three floating liquefied natural gas (FLNG) units from oil and gas giant Royal Dutch Shell Plc.  


ExxonMobil 1Q Profits Plunge 63%

Rex W. Tillerson, chairman and chief executive office ExxonMobil

Highlights   * Earnings of $1.8 billion decreased 63 percent from the first quarter of 2015.   * Earnings per share were $0.43 assuming dilution.   * Cash flow from operations and asset sales was $5 billion, including proceeds associated with asset sales of $177 million.


Cyberhawk Sinks Claws into US O&G Market

Courtesy Cyberhawk

Cyberhawk Innovations, the world leader in aerial inspection and survey using Unmanned Aerial Vehicles (UAV), is set to boost its international credentials with the launch of a Houston office in the USA.   The new office comes as a result of increasing demand from existing oil and gas


NAT Acquires Four 150,000dwt Tankers

Courtesy Nordic American Tankers Limited

Nordic American Tankers Limited ("NAT" or the "Company") announced today that it has entered into an agreement to acquire four existing Suezmax sister vessels built in Japan at a world-class shipyard. The aggregate price is $106 million


Asia-N.Europe Box Rates Jump 170 pct

File Image: a Maersk containership underway (Maersk)

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 170 percent to $732 per 20-foot container (TEU) in the week ended on Friday, data from the Shanghai Containerized Freight Index showed. Spot freight rates on the world's busiest routes soared as a


Cruise Ship Makes Historic Trip from US to Cuba

Adonia sails into Havana (Photo: Carnival Corporation)

Cruise ship MV Adonia sailed into Havana this morning, completing the first leg of its historic inaugural voyage to Cuba that began on May 1, 2016, from Miami, marking the first time in over 50 years that a U.S. cruise line has sailed from the U.S. to Cuba.  


Barge Master Wins Innovation Award at OTC

Photo: Barge Master

The Barge Master T40 motion compensated knuckle boom crane has been recognized for technological innovation, winning the Spotlight on New Technology Small Business Award at this year’s Offshore Technology Conference (OTC) in Houston.  


This Day In Naval History: May 3

Overhead view of the Nimitz-class (US Navy photo)

1777 - During the American Revolution, the Continental lugger Surprise, led by Capt. Gustavus conyngham, captures the British mail packet Prince of Orange and the brig Joseph in the North Sea. 1898 - During the Spanish-American War, U.S. Marines from cruisers Baltimore and Raleigh (C 8)


Chinese Seaborne Coal Imports Under Pressure

Graph: Clarksons Research

 Chinese coal imports decreased significantly in 2014-15, and so far in 2016 the pace of decline appears to have slowed, with imports even recording positive y-o-y growth in March, says Clarksons Research.   The recent improvement has partly been supported by a reduction in domestic


Maersk Profit Plunges

Photo: Maersk Line

 Danish shipping and offshore energy conglomerate Maersk Group reported its profit at US$ 224 million for the first quarter of 2016, a drop of 86 percent compared to $ 1.6 billion seen in the same period a year earlier.   Hit by low oil prices and freight rates


Fisherman Medevaced off Gloucester Coast

U.S. Coast Guard stock image

 A U.S. Coast Guard crew medevaced a 47-year-old fisherman suffering from chest pains off the coast of Gloucester, Mass.   Watchstanders at Sector Boston’s command center received the report at approximately 11:40 a.m. Wednesday from a crew member aboard the commercial fishing






 
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