May, 2009 Maritime News

Frontline Cancels Tanker Orders

May 29, 2009

According to a May 28 Associated Press report, Frontline Ltd., which owns and operates one of the world's largest fleet of crude oil tankers, said Thursday it canceled

Dryships Agreement on $1.1b of Debt

May 29, 2009

DryShips Inc. (NASDAQ:DRYS) announced that it has reached agreement on waiver terms with Deutsche Bank AG, lender and Mandated Lead Arranger on $1.125b facility.

Eriksen, Wilhelmsen Ships Service Switzerland

May 29, 2009

Wilhelmsen Ships Service has further strengthened its presence in Switzerland by appointing Eivind Eriksen as General Manager for Wilhelmsen Ships Service Switzerland.

CHKY Alliance Reorganizes Far East Srvcs

May 29, 2009

The CKYH Alliance (COSCON, “K” Line, Yang Ming and Hanjin Shipping) has reorganized its CNEU Far East service, and is once again offering two independent services.

Peter M. Palermo Passes Away

May 29, 2009

The Ship Structure Committee (SSC) announced that Peter M. Palermo died on 20 May in Alexandria. Palermo was the Navy's Principal Member from 1976-1987. Palermo

Wagner Joins Capilano Maritime Design

May 29, 2009

Capilano Maritime, a naval architecture design firm based in North Vancouver, BC, Canada, announced that Richard Wagner has recently joined the firm as Senior Mechanical Engineer.

Hartings U.S., Canada Manager, PPG Coatings

May 29, 2009

PPG Industries’ (NYSE:PPG) protective and marine coatings (PMC) business has appointed Michael T. Hartings as general manager, PMC, United States and Canada (USCA).

UK EEMS Reporting No Longer Free

May 29, 2009

All operators on the UK Continental Shelf (UKCS) may soon have to pay to report their energy, emissions, waste and chemical data to the Department for Energy and

T&T Bisso New Singapore Office

May 29, 2009

The T&T Bisso Response Network is expanding its global reach by announcing the opening of its office in Singapore. T&T Bisso Salvage Asia Pte. Ltd. is located at 12A Jalan Samulun in Jurong,

Changes in Vessel Operations Protects Whales

May 29, 2009

Years of study and effort by NOAA and the U.S. Coast Guard will pay off this summer when two changes to shipping lanes into Boston are implemented. Both changes

Rolls-Royce Marine Tech Off Brazil’s Coast

May 29, 2009

Rolls-Royce has secured a $61.3b contract to supply a newly-developed anchor handling system that will enable floating oil platforms to be secured to the seabed

20 Kalmar Shuttle Carriers to Algeciras

May 29, 2009

Cargotec's Kalmar business area has been awarded a contract to provide a fleet of shuttle carriers to TTI Algeciras S.A. in Spain. These 20 Kalmar SHC240H shuttle

NAIAD Acquires VT Motion Control Group

May 29, 2009

USA Naiad Maritime Group, Inc. and VT Group plc (VT) announced Naiad Maritime Group’s completion of the acquisition of the collection of businesses known as the VT Motion Control Group,

Drewry Shipping Predicts Tanker Doldrums

May 29, 2009

Rising oil prices will not help the tanker sector, according to the latest Tanker Forecaster from Drewry Shipping Consultants. “The economic turbulence and the

New Sloshing Guidelines for LNG Cargo

May 29, 2009

Lloyd's Register, the world leader in the classification of LNG carriers, has published a new guidance document for the design of membrane-technology liquid natural gas containment systems.

This Day in Naval History – May 29

May 29, 2009

1781 - Frigate Alliance captures HMS Atalanta and Trepassy off Nova Scotia 1991 - Amphibious Task Force in Bangladesh for cyclone relief redeployed (Source: Naval News Service)

BW Fleet Management Repair Deal at ASRY

May 28, 2009

Tanker operator, BW Fleet Management, expanded its Fleet Repair Agreement with ASRY’s Bahrain yard. The new repair agreement was signed by Morten Steen Martinsen,

North P&I Club Loss-Prevention Campaign

May 28, 2009

The A rated, 100 million North of England P&I club is stepping up its loss-prevention campaign by identifying opportunities within its entered fleet to develop

Çiçek Delivers First of Four 3100 DWT Tankers

May 28, 2009

The Turkish shipbuilder Çiçek Shipyard has delivered the 3,087dwt double-hull tanker Frecciamare to the Italian shipowner Ciane Anapo Spa. Based in one of Italy's major ports,

Dryships Completes “ATM” Equity Offering

May 28, 2009

DryShips Inc. (NASDAQ:DRYS), a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced the

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