TORM Sells Two Bulk Newbuilding Contracts
TORM has entered into an agreement to sell two Kamsarmax bulk newbuilding contracts. The two vessels contracted in 2007 were scheduled for delivery in the fourth…
RAmparts 3300 Class Tug Enters Service in Ningbo Port
The new tug Yong Gang Tuo 29 has recently been delivered to her owners, the Ningbo Port Group of China. This is the 7th Robert Allan Ltd. design in Ningbo's fleet and the first of the RAmparts 3300 class worldwide. The design is an evolution of the RAmparts 3200 class vessels already in Ningbo's fleet, and is a result of a recognized need to increase power and bollard pull to meet the expanding requirements of the larger ships visiting the port.
Volvo Penta IPS Power in Russian Pilot Boats
Russian state owned company Rosmorport has ordered six pilot boats powered by Volvo Penta´s Inboard Performace System (IPS) drive system. With the IPS system, the 14m pilot boats will increase performance and reduce fuel consumption. Volvo Penta launched its IPS six years. With forward facing propellers and steerable drive units, IPS delivered improved performance, reduced fuel consumption and increased onboard comfort compared to traditional shaft installations.
USCG Eases TWIC Requirements
The Coast Guard announced the publication of a policy letter that exempts a number of mariners from the requirement to obtain a Transportation Worker Identification…
Korean Stocks Fall, Shipbuilders Lead the Way Down
According to a Reuters report, Seoul shares edged down the day after Christmas as holiday celebrations from a string of positive U.S. data were cut short by lingering…
Iran Begins Navy Drills Near Strategic Strait
According to a report from AP via Xinhua, Iran's navy has begun a 10-day drill in international waters near the strategic oil route that passes through the Strait of Hormuz.
Report: Cambodian-flag Ship Sinks, Three Reported Dead
According to a report posted on http://en.ria.ru, at least three were found dead after a Cambodia-flagged ship sank in the La Perouse Strait, an international waterway…