Philippine, Vietnamese Navies To Unite Against China
Philippine navy will soon return to a South China Sea island it lost to Vietnam 40 years ago to drink beer and play volleyball with Vietnamese sailors, symbolising…
EBDG-designed aluminum ferry to be Constructed
by Nichols Bros Boat Builders for Wahkiakum County. ft. x 47 ft. run between ferry terminals in Cathlamet, Wash. Westport, Ore. reversing reduction gears with two fixed-pitched propellers. 2015.
Wärtsilä enters Paraguayan Inland Market
A new pushboat used to push barges convoys along the Paraguay River will be powered by a Wärtsilä integrated propulsion solution. The vessel is being built at the "Astillero la Barca del Pescador" (Shipyard SA) yard in Paraguay on behalf of Naviera Yeruti, a Paraguayan company with extensive barge construction and vessel operating interests. This vessel will be the company's first pushboat and it is scheduled to be delivered in the second quarter of 2015.
Sick Ship: More Than 100 Reported Ill on Cruise
A cruise ship with more than 100 passengers and crew suffering from a gastrointestinal ailment caused by Norovirus, have arrived in San Diego, a cruise line spokeswoman said on Thursday.
Stalwart Tankers Postpones U.S. IPO
Greece-based chemical transportation company Stalwart Tankers Inc has postponed its U.S. IPO plans due to "market conditions," an underwriter told Reuters. The company filed with U.S. regulators in February to raise up to $100 million in an IPO of its common stock. Stalwart Tankers later said it expected to price its IPO of 12.5 million common shares at between $11 and $13 per share. The decision to postpone the IPO comes on the heels of Greece returning to the bond market on Thursday…
Box Ships announces Prices Public Offering
Box Ships Inc.,ATHENS, today announced that it has priced its public offering of 5,000,000 units consisting of its common shares and warrants at $2.05 per unit.
Libya's Coastguard Detains 400 Immigrants
Libya's coastguard has detained more than 400 immigrants, mostly from the Horn of Africa, in its waters in the past two days as they tried to illegally cross to Europe in small boats…
Debt-Laden Bulk Shipper to be Liquidated
A Chinese court has ordered a unit of debt-laden dry bulk goods shipper Chang Jiang Shipping Group Phoenix Co Ltd to liquidate its assets, displaying further evidence…
Navy Cuts One Littoral Combat Ship in 2015
U.S. WASHINGTON, April 10 (Reuters) - The U.S. Navy hopes to smooth out the impact on Lockheed Martin Corp and Australia's Austal of a budget-driven decision to…
Padbury Mining Secures $6.5 Bln Port Funding
Australia's Padbury Mining Ltd said it had secured almost $6.5 billion in funding to build a new deepwater port and railway at Oakajee in Western Australia, potentially opening a new export hub for the region's iron ore riches. Plans for a port at Oakajee in Western Australia's Midwest region have been in the works under various companies for decades but have so far failed to get off the ground due to volatility in commodity markets and difficulty securing the massive investment needed.
USCG Responds to Sailing Vessel Allision
Coast Guard Station Mayport crewmembers responded to a report of a sailing vessel that allided with the Main Street Bridge Thursday in Jacksonville, Fla., in the St. Johns River.
MERPAC to Meet on IGF Code Training Requirements
A working group of the Merchant Marine Personnel Advisory Committee (MERPAC) will meet to work on Task Statement 80, concerning crew training requirements onboard…
Torm Confirms Tanker Sale
Torm announced today the confirmation of its March 7, 2014 agreement in principle to sell 13 product tankers to entities controlled by Oaktree Capital Management. All necessary approvals have now been obtained, the company said, and the agreement has subsequently become unconditional as per the outlined terms and conditions. torm.com
New Orleans’ Largest Cruise Ship Prepares for Departure
The Port of New Orleans announced that arrival of its largest cruise ship, the 3,646-passenger Carnival Dream, to launch year-round Caribbean service. Carnival Dream’s New Orleans debut will be commemorated with a traditional maritime plaque exchange between Carnival and Port of New Orleans officials. Carnival Dream builds upon Carnival’s position as New Orleans’ number one cruise operator with two year-round ships carrying more than 400,000 passengers annually.
IMO Closer to Polar Environmental Regulation
Last week, the Marine Environment Protection Committee (MEPC) of United Nations’ International Maritime Organization (IMO) agreed which ships are to be covered by the future environmental regulations for voyages in polar areas, The Danish Maritime Authority said. An international set of regulations on navigation in polar areas, referred to as the Polar Code, is still at the top of the IMO agenda. The…
Agreement Reached on Hong Kong Pellet Spill
Regarding the massive spill of polypropylene plastic pellets into the Hong Kong waters from a cargo ship during typhoon Vicente in July 2012, and following active negotiations amongst the parties concerned, a Hong Kong Marine Department spokesperson said a settlement agreement was reached for a sum to be paid by the party concerned to the government to compensate the costs it incurred in cleaning up the plastic pellets.
GasAtacama has US LNG Providers Lined Up
GasAtacama, energy provider to metal producers in Chile's Atacama desert, has lined up eight potential U.S. natural gas suppliers for a proposed import terminal on its Pacific Coast, but uncertainty about energy demand has delayed deals, CEO Rudolf Araneda told Reuters on Thursday. GasAtacama plans to build a $350 million offshore liquefied natural gas (LNG) import terminal that would take shipments…
Med Crude Urals Weaken on April Cargo Overhang
Russian Urals crude weakened on Thursday in a flurry of deals as traders rushed to place end-of-April cargos. Eni sold a cargo of Urals to Total in the Baltic at…
Ship Ready to Destroy Syria's Chemical Arms at Sea
Experts on board a cargo ship transformed into a multimillion dollar chemical weapons destroyer said on Thursday they were ready to start working on Syria's stock of toxic arms in the middle of the Mediterranean as early as May. Now they just have to hope the weather holds and Damascus delivers on time. Former container vessel Cape Ray, docked in southern Spain, has been fitted out with at least $10…
Townsville Opts for a Liebherr LHM 420
Australian-based Northern Stevedoring Services (NSS) has placed an order for a Liebherr mobile harbor crane, type LHM 420, to operate on Berth 3 and 4 in the Port of Townsville, Queensland. The operations of the stevedoring company span all of regional Queensland’s major port facilities, providing the full range of stevedoring and logistics solutions. The new crane is the third LHM crane for NSS, which has been operating an LHM 550 and an LHM 1300.