L.A. Council Rejects Shipyard Plan, Protects Port Dredging
According to a Feb. 1 report from the Los Angeles Times, there will be no new ship-building and repair yard at the Port of Los Angeles at this time. The City Council…
Indian Shipbuilding Industry Positioned for Growth
According to a Feb. 2 report from the Machinist, a research study by Export-Import Bank of India (Exim Bank) assessed that the shipbuilding industry in the country…
CMA CGM, YILDIRIM $500M Equity Note, New Board
In accordance with the agreements signed on 25 November 2010 between CMA CGM Group and the Yildirim Group, CMA CGM announced that it has issued $500 million in Redeemable bonds…
Inchcape Shipping: Bell Rock Lighthouse Bicentenary
Eleven miles off the coast of Arbroath in Scotland, the Bell Rock Lighthouse, standing on the Inchcape Reef, has withstood two centuries of vicious storms and powerful North Sea surges to safely guide ships away from the dangers beneath. The Feb. 1 marked the 200th anniversary of the lighting of the beacon and sponsored by Inchcape Shipping Services, the anniversary will be celebrated with a series of events in Edinburgh, Arbroath and beyond.
Argentine Grains Strike Delays Ships
shipments from one of the world's biggest food suppliers. Argentina is a leading exporter of soy, corn and wheat. their cargoes at ports near the central city of Rosario.
TEN Sells Aframax Tanker Opal Queen
Tsakos Energy Navigation Limited (NYSE: TNP) today announced the sale of the 2001-built aframax tanker Opal Queen to an international operator. The delivery of the…
This Day in U.S. Coast Guard History – February 1
1871- Using his administrative authority Secretary of the Treasury George S. Boutwell re-established a Revenue Marine Bureau within the Department and assigned Sumner I.
This Day in U.S Naval History – February 1
1941 - United States Fleet reorganized, reviving Atlantic and Pacific Fleets 1942 - USS Enterprise and Yorktown make first WW II air strike, Japanese Marshall Islands 1955 - Operation Deep Freez
Do Propellers Sing?
Yes, sometimes they sing: Some propellers in service produce a high-pitched noise, often referred to as “singing.” This sound typically is a clear harmonic tone much like a humming or a ringing wine glass. More of an annoyance than anything harmful, the causes of singing are not completely understood. Many theories have been put forward to account for the phenomenon of singing, but it appears to be affected by critical factors for which the theories make no allowance.
Liberian-Flag Fleet Doubles in 10 Years
The Liberian-flag fleet posted record growth figures in 2010 and has now doubled in size in the ten years since the management of the Liberian Registry was assumed…
USCG Safety Alert: Inspection of Fuel Oil Quick-Closing Valves
U.S. Coast Guard Port State Control Officers (PSCOs) are discovering Fuel Oil Quick-Closing Valves (QCVs) intentionally blocked, modified, and poorly maintained preventing them from operating as designed during an emergency. QCVs are positive shutoff valves on fuel oil systems serving to isolate fuel tanks in the event of a fire and also prevent “fueling” of a fire in circumstances where system piping and components are compromised.
Maritime Coalition’s Congressional “Sail-In,” May 4, 2011
The U.S. Maritime Coalition has announced that this year’s Congressional “Sail-In” will take place on Capitol Hill on May 4, 2011. The Sail-In will look to build…
Costamare Invests in Fleet Expansion
Costamare Inc. (NYSE: CMRE) announced that it has contracted with Sungdong Shipbuilding & Marine Engineering Co., Ltd. for the construction and purchase of two newbuild containerships…
Report: Ship Delivery Underperformance in 2010
Industry concerns over the glut of newbuilding deliveries last year may have been overplayed as the three major shipping market segments - dry bulk, container and…
Veson Nautical Expands, Opens Oslo Office
Veson Nautical expanded its corporate HQ and opened a new office in Oslo, Norway, to accommodate growth of more than 410% over the past five years and 70% in the past year, according to the company.
NITC: Piracy Prevention is Priority One
While the National Iranian Tanker Company (NITC) is a proponent of weapons on commercial ships as a means to thwart piracy, it respects and stays in compliance with international and port-state mandates that reject lethal force in the hands of mariners, and pushes the use of non-lethal methods to stop potential attacks. NITC currently has a fleet of 43 ships (including 28 VLCCs) totalling 10.6mdwt, but aims to grow its fleet to 74 ships and 18mdwt by 2013. According to A.R.
NITC: Aims to Grow Fleet to 18mdwt by 2013
The National Iranian Tanker Company (NITC) based in continues to invest significantly in its fleet of ships, aiming to grow its fleet to 74 ships and more than 18mdwt by 2013, said Captain R. Ghareh, Area Manager based in the company’s Dubai, UAE office, during a recent interview. This level is a sharp increase from its current fleet, which includes 43 ships (including 28 VLCCs) total 10.6mdwt. Making up the bulk of the new fleet is an existing order for 22 new VLCCs costing a cumulative $3.3b.
Construction Begins on Washburn & Doughty Hull 101
On January 4, 2011, Washburn & Doughty Associates, Inc. of East Boothbay, Maine began construction of a 93-ft by 38-ft, 6,000 hp Z-Drive tug for Moran Towing Corporation of New Canaan, Conn. Washburn & Doughty is building the vessel to its newest in-house design based upon the yard’s previous 92-ft by 32-ft design, of which there are 22 tugs in operation. The increased length and beam will allow for increased horsepower while maintaining the maneuvering characteristics and handling capabilities.
Sungdong Shipbuilding Wins $583M Order
According to a Jan 31 report from Reuters, South Korea's small and medium-sized shipbuilder Sungdong Shipbuilding and Marine Engineering Co Ltd won orders worth…
First Kongsberg K-Chief 600 Equipped Vessel Delivered
The first vessel to sail with Kongsberg Maritime's new K-Chief 600 marine automation system was delivered to its owner on 10th January 2010. The Korean Built VLCC features an extensive Kongsberg Maritime package, led by the K-Chief 600 with integrated Vessel Performance System (VPS), which supports reduced fuel consumption and lower emissions. The new K-Chief 600 was announced early in 2010 with a pilot project aboard 'MV Sia' completed in May 2010.