COSCO Says Vale Giving its Bulkers the Cold Shoulder
Bloomberg News reports that China Ocean Shipping (Group) Co., the nation’s biggest operator of dry-bulk ships, has said Vale SA (VALE3) was refusing to use its…
Sanlorenzo Introduce ‘Experienced Yachts’ Program
Italian motorboat builder Sanlorenzo has presented its first comprehensive program dedicated to the management of pre-owned boats, called ‘Experienced Yachts’. The program includes severe controls…
Braemar Announce Year Financial Results
"This has been a challenging year for shipping with a significant surplus of tonnage in many sectors. While activity remained strong, chartering rates and vessel…
Maersk Exits Chile, Peru, NW Europe Container Service
In a release, the company said the last Andean vessel from Latin America to North Europe would be the Marianne Schulte, which is set to leave Chilean port San Antonio…
Horizon Yachts Introduce Ice-class Megayacht
Measuring 148 feet in length, the EP148 Horizon Polaris is built with a steel hull, aluminum superstructure and bulbous bow, and her design is the result of collaboration between interior design consultant Birgit Schannese of Germany; U.S. designer J.C. Espinosa and the Horizon R&D team. With a 29’ beam, Horizon Polaris features a well-designed and spacious layout with five en-suite staterooms, including an on-deck master with an office and a large crew area with room for 10 crew.
Damen Delivers Fire Fighting Vessel to City of Bremen
Damen Shipyards has recently delivered the ‘Bremen 1’ to the City of Bremen (Germany) to replace its 1975-built predecessor. Both the local police force and the fire brigade will use the Damen Fire Fighting Vessel 2406 (FFV) for emergency response. The police will patrol the Port of Bremen and the Weser River with the newbuild. The Bremen 1 measures 24m x 6m. Its three waterjets and single bow thruster…
NOL Group: $254m 1Q Loss
NOL Group, the Singapore-based container shipping and logistics company, reported a first quarter 2012 net loss of 254 million compared to a net loss of $10 million in the same period last year. NOL said high fuel costs and low freight rates in container shipping affected first quarter 2012 performance. NOL said that in the first quarter of 2012 it achieved about $100 million of cost savings under its ongoing programme and it is on track to achieve $500 million worth of savings for 2012.
American P&I Club 100 Day Initiative
The American P&I Club is this month launching an ambitious initiative aimed at feeding 100 needy families for 100 days in embattled Greece, as well as supporting children with special needs. In a link-up with three long-established charities in Greece, the club will launch its campaign at an evening roof garden reception in central Athens on Thursday, May 31, to mark the start of Posidonia 2012 that will take place the following week.
ITIC Says: Ship Managers Must Beware of Increase in Claims by Owners
International Transport Intermediaries Club (ITIC) says it has seen a noticeable increase in claims against ship managers by shipowners who are going through difficult financial times. In the latest issue of its Claims Review, ITIC notes that, as result of their financial difficulties, owners resist paying for the full maintenance of their ships and also end up owing ship managers not only for their own fees but also for disbursements paid on owners’ behalf.
Hanjin Deploys Mega-Containerships on NE6 East Asia-Europe Service
During her maiden voyage the HANJIN SOOHO, the Korean shipping company HANJIN’s largest containership to date, berthed in the Port of Hamburg on 4 May 2012. With a slot capacity of 13…
"Sail-In" to Congress on Benefits of U.S. Maritime Industry
An estimated 155 American maritime industry representatives from throughout the country are gathering today in Washington, D.C. This eclectic group of maritime professionals is gathering to update Congress a day after the release of a new study from the Navy League of the United States that says a unified domestic maritime industry plays a “unique and extraordinary” role in promoting U.S. economic, national and homeland security.
On-site Bow Thruster Overhaul Avoids Drydocking
When the bow thruster unit of a 348-meter container vessel needed to be overhauled, Hydrex sent a diver/technician team to the ship to remove the unit on-site and reinstall it again two months later after it had been overhauled. The operation was performed in stages at several locations to allow the vessel to keep to its sailing schedule. Together with all the necessary equipment, the team first travelled…
GL Noble Denton Appoints Head of Marine Casualty Investigation
Mr John Walker has been appointed as head of GL Noble Denton's growing Marine Casualty Investigation practice for the Americas region. Based in the New York office, John leads a team of expert marine engineers, master mariners and naval architects. His team play a key role in determining the cause and extent of machinery damage, fires, collisions, groundings, salvage operations and other marine incidents.
Coast Guard Evacuates New Bedford Fisherman
Coast Guard crews medically evacuated a fisherman at approximately 8:00 a.m., Wednesday, approximately two miles west of Block Island, R.I. Watchstanders at Coast…
HAL Taps Camarena For Fleet Training Post
Lance Camarena joined Holland America Line and Seabourn as director, fleet training and performance management. He is responsible for the fleet training program of deck and engine staff, performance management and developing technology solutions that support fleet performance. Camarena will oversee the deck and engine fleet training team and report to Michiel Versteeg, director, safety and environmental compliance. Camarena previously spent 14 years with Holland America Line from 1995 to 2009.
Oman Shipyard Delivers Two OSV's for BP
The two sister vessels — Topaz Dignity and Topaz Triumph — will be operated by Topaz Marine on behalf of BP, the oil and gas major, on a long-term contract basis in the Caspian Sea.
Horizon Lines' Jones Act Ships for Asian Drydocking
Horizon Lines reports Q! "Horizon Lines generated slightly improved revenue container volume and higher EBITDA and adjusted EBITDA in the first quarter relative to a year ago…
Giant Container Terminal Expansion for U.S. Port
Global Container Terminals Inc. Global Container Terminals Inc., a leading North American marine terminal operator with facilities on both coasts, has unveiled final…
SatCom Povider Immarsat Reports Growth in Maritime Data Revenue
Rupert Pearce, Inmarsat's Chief Executive Officer, said: "The results for the first quarter are in line with our expectations and give us confidence in our outlook.
Esri GPS Base Station Joins National Network
Esri recently installed a GPS base station to assist its GIS developers and to support surveyors, engineers, scientists, and those in public works and public safety…