Alaska Marine Line Alters Fuel Surcharge
Beginning on February 2, 2014 Alaska Marine Lines (AML) said it will utilize a different method for calculating fuel surcharge related to pick up, delivery and trucking in the Lower 48 and Alaska.
Viking Refits Four NGSCO Vessels with LRRS Systems
The National Gas Shipping Company (NGSCO) of Abu Dhabi said new Lifeboat Release and Retrieval Systems (LRRS) are being installed in advance of new IMO regulations coming into force this year. The combination of the innovative Nadiro Drop-in-Ball technology and Viking UAE’s certified lifeboat service technicians were the perfect solution to achieve compliance. New IMO regulations call for major and…
Z. David Completes Construction of MV Z Sharon
Deloach Marine Services, LLC, and A & Z Marine, LLC, announced the completion of the “M/V Z Sharon.” Z. David Deloach is the sole owner of Deloach, which provides…
NMRA Extends 2014 Scholarship Opportunities
The National Marine Representatives Association (NMRA) is offering scholarships to students pursuing education and training in the maritime trades. Interested high school seniors and college students can request an application from NMRA at firstname.lastname@example.org. NMRA will award two $500 scholarships to outstanding students seeking careers in marine-related fields. Applications are due on May 1, 2014, and winners will be announced in the summer.
Recent Vessel Sales
12/09/13 C.P. Data prepared by Shipping Intelligence, Inc., New York.
Oldest Great Lakes Freighter to Operate as a Barge
November 2013 marked the final voyage of historic freighter St. Marys Challenger, a 1906-built cement carrier regarded as the oldest operational vessel on the Great Lakes. But the ship is now being prepped to enter a new life—as a barge. The 562-foot steamship, which operated for more than 100 years on the Lakes, has already been stripped of its fuel tanks, pilot house and a portion of its deck as part of the conversion process, according to the Chicago Tribune.
Algoma Refunded for Cancelled Tanker Contracts
Algoma Central Corporation announced earlier this week that it has received payments totaling $41.7 million from two Chinese banks on refund guarantees related to…
Two Workers Killed in Shipbuilding Blast
Multiple sources reported that a natural gas explosion at Huarun Dadong Dockyard Co. Ltd.'s shipbuilding facility in Chongming County left two workers dead and another…
Tecton Acquires Endurance Exploration
Tecton Corporation (TTNC) has acquired Endurance Exploration Group, LLC, a development stage company that specializes in subsea shipwreck research, search and survey…
BP Norway, Maersk Extend Drilling Rig Contract
BP Norway has extended the contract for the jackup Maersk Reacher by two years from September 2014 to September 2016, for an estimated value of $222 million. BP…
Drilling Rig Sinks While Under Construction
Reuters reported that a rig under construction for Odfjell Drilling sank at a Daewoo-owned shipyard in South Korea Saturday. The drilling rig, intended for BP use…
New Mobile App from Marine Response Alliance
Marine Response Alliance (MRA), an association of the top U.S. emergency responders providing OPA 90 Salvage Marine Firefighting (SMFF), has launched an exclusive mobile app, providing ship owners/operators, qualified individuals (QIs) and the U.S. Coast Guard with immediate access to the MRA's resources for Salvage Marine Fire Fighting as per OPA 90 compliance as well as the ability to report incidents through TITAN Salvage (MRA partner) around the world.
Siem PSV Chartered by Petrobras
Siem Offshore and Petrobras have entered into a charter agreement for the Platform Supply Vessel (PSV) Siem Atlas. The charter period has commenced and is for a firm period of two years. Petrobras has an option to extend the charter for two additional years, upon terms to be mutually agreed. The gross contract value for the firm period is approximately $26 million. siemoffshore.com
CSBC to Build Two Containerships for Iseaco
Taiwan's CSBC Corp. inked a deal to build two 1,800 teu containerships for Iseaco Holdings of Singapore. The ships were reportedly ordered at a price of $25 million each.
U.S. Export Reform: New Year, New Rules
Early in the coming year, the U.S. export control regime governing the shipbuilding supply chain will undergo a sea change with the implementation of export reform…
U.S. Port Security and the Impact of Sequester & Budget Woes
This article describes the impact of the “sequester” and budget showdowns on ports and port security, and also gives a preview of the House-Senate Conference on the Water Resources Development Act (WRDA). On the one hand, ports and port security have been severely hampered by the ongoing budget battles, as has the rest of the U.S. Government and economy. On the other hand, Congress appears to be on the brink of reauthorizing the Water Resources Development Act for the first time in six years.
Global Port Security and BMT Isis
The operational complexities and changing landscape of ports and terminals continue to present ongoing challenges for port authorities and operators globally. In particular, changing legislation, diversification, security concerns, higher traffic density, larger vessel sizes, as well as movements of hazardous cargoes, reflect on a port’s required level of traffic management, vessel scheduling and navigational planning. This can, in some instances become a very complex task.
BW Offshore: VLCC Acquired for Future Projects
BW Offshore announced that it has exercised an option to acquire the tanker Blue Opal for $83.4 million from Daewoo Shipbuilding & Marine Engineering (DSME). Blue…
Winter Work Kicks Off at Great Lakes Shipyard
The start of the winter layup season at Great Lakes Shipyard is marked by the arrival of Interlake Steamship Company’s articulated tug-barge Dorothy Ann and Pathfinder. The ATB will remain berthed in the yard for planned repairs and routine maintenance, as well as various inspections and miscellaneous renewals. Other winter layup and repair work scheduled for this winter will include Inland Lakes Management’s S/S Alpena…
Ship Preps for Chemical Weapon Mission
According to a recent report on Reuters, a U.S.-owned cargo ship is being prepared for deployment in about two weeks ... it's mission: to destroy Syria's chemical weapons.