Concordia Increases Exposure with Tanker Contract
Concordia Maritime takes a position in the Stena Bulk’s Suezmax fleet corresponding to a 50 percent charter of one tanker. The transaction was done by Stena Bulk and the vessel will operate during one year on the open spot market in the successful Stena Sonangol Suezmax pool, which already includes Concordia Maritime’s Suezmax tanker Stena Supreme. The chartered vessel was built in South Korea in 2012 and has a deadweight of 158,000 tons. Delivery of the tanker has already taken place.
Danish Investors Investigating OW Bunker Collapse
A group of the largest Danish institutional investors has initiated an investigation of the collapse of ship fuel supplier OW Bunker, they said in a joint statement on Wednesday.
Increased NAT Ownership in Nordic American Offshore
In the NAT press release of December 1, 2014, we informed the investor market that NAT had acquired further shares in Nordic American Offshore Ltd. (NAO), increasing the ownership from 17.1% to 18.0%.
TUI AG Eyes Timing on Hapag-Lloyd IPO
BERLIN, Dec 10 (Reuters) - TUI AG is optimistic it will be able to sell its stake in Hapag-Lloyd via an initial public offering of the shipping company, although…
Proposed Rulemaking on Cruise Ship Terminal Security
The Federal Register Wednesday published the U.S. Coast Guard’s notice of proposed rulemaking amending its regulations on cruise ship terminal security. This proposed rule would standardize screening activities for all persons, baggage and personal effects at cruise ship terminals while also allowing an appropriate degree of flexibility that accommodates and is consistent with different terminal sizes and operations.
Pieter Breugel Delivered to Vloot DAB
Scheepswerf van Os has delivered the outfitted Pieter Breugel to shipping company Vloot DAB. The ship will employed in the ferry service between Hoboken and Kruibeke, Belgium. The vessel measures 28.65 x 9 meters, has a draft of 1.94 meters and is suitable for the transport of 240 passengers with or without bicycle. The Pieter Breugel is equipped with two Scania Di12 S9M diesel engines, two azimuth drives and two Stamford generator sets.
MultiNational Crews - Working in Unison
Videotel, a KVH company, has developed a new program aimed at teaching crew aboard a vessel how to work together as a cohesive unit regardless of nationality differences. Ships’ crews today invariably include seafarers serving onboard from many different nationalities and while this mix of cultures can bring great benefits, it can also have the potential to create misunderstandings and possible disharmony due to a lack of awareness of differing cultural values.
TPG Marine Acquires Chicago Dry Dock
Indiana-based TPG Mt. Vernon Marine, LLC purchased Chicago Dry Dock, a Chicago area shipyard founded in 1979. Chicago Dry Dock operates on the Calumet River and offers unencumbered access to both the Great Lakes (via Lake Michigan) and the Inland River System (via the Calumet/Des Plaines/Illinois Rivers). Founded as Kern Barge Cleaning and Repair, CDD purchased its first dry dock in 1995 and was renamed and incorporated as Chicago Dry Dock in 1996.
Glander International Bunkering Opens Geneva Location
Glander International Bunkering has acquired Valhalla Marine Sarl, Geneva as of 1st December, 2014. The new Geneva operation is Glander International Bunkering’s first office in Europe, reinforcing the company's commitment to its global growth and expansion strategy. The Glander International Bunkering group is at a pivotal point of development and in the last thirteen months the group’s growth doubled to 6 offices…
Carnival Retrofits Fleet with VDR Systems
L-3 SAM Electronics has retrofitted Carnival Cruise Lines’ fleet of 24 ships with its Voyage Data Recorder (VDR 4350) system. L-3 SAM Electronics’ VDR 4350 system provides extended recording time and ECDIS-based onboard and onshore replay features, together with options for remote control and maintenance via SATCOM. The modular Ethernet-based VDR 4350 series provides a comprehensive backup capability for the storage and downloading of recorded data.
Aegean to Acquire $11mln Fuel & Storage Contracts
Access to Busiest U.S. Container Port Significantly Enhances Aegean's Global Marine Fuel Capabilities. Aegean Marine Petroleum Network Inc. (NYSE: ANW) has announced that it has agreed to acquire 28…
Talisman Sinopec Closes North Sea Platform Ahead of Storm
Talisman Sinopec Energy UK has closed its Buchan Alpha platform in the North Sea, the company said on Wednesday, ahead of an expected severe winter storm. The Buchan…
WCI Hails Funding for U.S. Army Corps of Engineers
The Consolidated and Further Continuing Appropriations Act of 2015 released last night provides strong funding for the U.S. Army Corps of Engineers' Civil Works mission for inland navigation. The U.S. Army Corps of Engineers has fared well, with overall strong Civil Works program funding of $5.454 billion, which is $921.5 million above the Administration’s request. The Construction account funding of $1.639.5 billion is an increase of $514.5 million above the Administration's proposal…
First Images of Historic San Francisco Shipwreck
NOAA and its partners released 3D sonar maps and images of an immigrant steamship lost more than 100 years ago in what many consider the worst maritime disaster in San Francisco history. On Feb. 22, 1901, in a dense morning fog, the SS City of Rio de Janeiro struck jagged rocks near the present site of the Golden Gate Bridge and sank almost immediately, killing 128 of the 210 passengers and crew aboard the ship.
Report: Trash is Choking the World's Oceans
There are plastic shopping bags, bottles, toys, action figures, bottle caps, pacifiers, tooth brushes, boots, buckets, deodorant roller balls, umbrella handles, fishing gear, toilet seats and so much more. Plastic pollution is pervasive in Earth's oceans. Researchers unveiled on Wednesday what they called the most scientifically rigorous estimate to date of the amount of plastic litter in the oceans - about 269,000 tons - based on data from 24 ship expeditions around the globe over six years.
Kidde Fire Goes Multi-Lingual on its ARIES NETLink
Kidde Fire Systems announced the launch of a multi-language version of the ARIES NETLink Multi-Loop Intelligent Fire Alarm-Suppression Control Unit, which now supports French…
Shell: Bringing Ship to Shore Technical Services
Shell Marine Products (SMP) offers a complete portfolio of marine lubricants for almost any type of vessel, from large container ships to fishing boats. But with recent developments, such as the prevalent practice of slow steaming, new environmental regulations such as the revised vessel general permit (VGP) in US waters and the change in fuel sulphur limits in ECAs, the importance of technical service is increasingly crucial to bringing peace of mind to ship operators.
Offshore: Modern Crewboat Delivered to Brazil Supply
Fast, capable crewboat design and construction continues to be a leading edge niche in the global marine market, the latest manifestation being the BS Camburi, a 36-meter monohull crewboat built in Brazil by Arpoador Engenharia to the Petrobras type P2 specification, for Brazil Supply. Incat Crowther designed the boat. The vessel’s aft main deck features a large open deck, separated for two main purposes. The aft portion, measuring 60.5m2, is dedicated to a man-riding basket.
AAPA: FY’15 ‘Cromnibus’ Bill Supports Ports
Significant increases seen for Corps’ seaport programs & EPA’s DERA grants. In reviewing the proposed $1.01 trillion Consolidated and Further Continuing Appropriations Act of 2015 hammered out in Congress late yesterday, the American Association of Port Authorities (AAPA) noted that there are significant increases for the U.S. Army Corps of Engineers’ Harbor Maintenance Tax (HMT) operations and maintenance (O&M) activities and construction budgets…