Tony Abbott Guarantees Submarine Jobs
Prime Minister Tony Abbott has assured South Australians there will be more submarine jobs here even if he won’t commit to having a new fleet of vessels built there, as Liberal MPs fear voter backlash if the contract for Australia’s next-generation fleet goes to Japan. "Whatever happens, I can give an absolute, categoric guarantee there will be more sub jobs in South Australia and I think that's what South Australians understandably want…
Carnival Vista Floated Out
The Carnival Vista has completed its dry dock phase and was recently floated out to a new location at Italy's Fincantieri shipyard, Carnival Cruise Line has announced. Carnival Vista, currently under construction at the Fincantieri shipyard in Monfalcone, Italy, has been “floated out” from its dry dock facility and towed to a new location at the yard, marking a significant construction milestone in the ship’s construction progress in anticipation of its May 1, 2016, debut.
Maersk Sells Its Stake in ESVAGT
Danish conglomerate A.P Moller-Maersk said Tuesday two international infrastructure investors have agreed to buy 100% of the Danish company ESVAGT from Maersk Group and ESE-Holding A/S. The sale amounts to a value of 4.1 billion Danish kroner equaling to approximately USD $610 million. Maersk said 3i Infrastructure PLC and AMP Capital have agreed to jointly acquire ESVAGT, a company providing safety and support at sea. ESVAGT, headquartered in Esbjerg, Denmark, was founded in 1981.
Migrant Sailboat Sinks in Aegean, 17 Missing
A sailboat carrying migrants sank in in the Aegean sea between Turkey and Greece on Tuesday and at least 17 people were missing, Greek authorities said. Greece's…
As First Victims Mourned, Italian Navy Searches On
Italy held a funeral service on Tuesday for 13 migrants who died in the worst shipwreck in the Mediterranean in recent history, while the navy continued its search for other victims of the disaster.
First Gas Turbine-powered LNG Carrier Granted AIP
Hyundai Heavy Industries (HHI) announced it has jointly developed world’s first gas turbine-powered 174,000 m3 LNG carrier with GE Aviation and Marine and has secured Approval in Principle (AIP) on the vessel from the U.K.-based Lloyd’s Register. The IMO Tier III-compliant 174,000 m3 LNG carrier is equipped with GE’s gas turbine-based Combined Gas turbine Electric and Steam system (COGES 2.0). The…
Cuba Opens Up for Carnival Corp. Brand
Carnival Corp. granted U.S. Carnival Corporation & plc said that the U.S. Department of the Treasury and the U.S. Department of Commerce granted approval for the company to begin travel to Cuba. Carnival Corporation intends to take travelers to Cuba beginning in May 2016 via its newly launched fathom brand – a new social impact travel brand providing purpose-oriented, social impact experiences, initially in the Dominican Republic.
Lakes Limestone Trade Tops 4 Mln Tons in June
Shipments of limestone on the Great Lakes totaled 4,042,766 tons in June, an increase of 6 percent compared to May, and 9-plus percent compared to a year ago, according…
Dry Bulk Market Crisis: Opportunity or Threat?
The shipping industry is experiencing the biggest dry bulk market recession since the 1980s, as uncertain global economic outlook and increased imbalance between supply and demand have lead to historically low freight rates .It seems the downturn will continue until 2017 if a viable equilibrium is not achieved. The recent measures in 2013 which promoted the replacement of older tonnage with newer, in combination with the Chinese financial backing…
CMA CGM's OPDR Acquisition Approved by EU
The CMA CGM Group announced that the European Commission has approved its acquisition of OPDR. In order to finalize the acquisition, which was announced on November 25, 2014 by Jacques R.
Danish Ports Approve HullWiper
Authorities at the Danish ports of Copenhagen, Kalundborg and Fredricia have granted permission for GAC EnvironHull’s pioneering, diver-free, underwater HullWiper solution to be used within their ports and outside of holding areas. These approvals represent the latest expansion of the service into the Scandinavian region, following the approval of the Remotely Operated Vehicle (ROV) to clean hulls at Gothenburg, Sweden in 2014.
Container Shipping Lucky to Break Even in 2015
A toxic mixture of overcapacity, weak demand and aggressive commercial pricing is threatening liner shipping industry profitability for the rest of 2015, according to the Container Forecaster report published by global shipping consultancy Drewry. Earlier this year Drewry forecast that container shipping carriers would collectively generate profits of up to $8 billion in 2015, but our revised view is that it will be lucky to break even this year.
DNV-GL Approves Kongsberg Engine Room Simulators
Kongsberg Maritime has received DNV-GL certification for three of its latest engine room simulator models designed to provide in-depth training on the K-Sim Engine simulator platform. The DNV GL-ST-033:2014-08 Maritime Simulator Systems certification, which is based on the on the requirements of STCW Convention, Regulation I/12, was given to the DE88 Oil Rig, DE66 Drill Ship and M42 AHTS (Anchor Handling Tug & Supply) K-Sim Engine models in June 2015.
Wärtsilä Propulsion for New Fishing Vessel
A new fishing vessel being built by Simek AS in Norway on behalf of the U.K. operator Antares (Whalsay) Fishing Company Ltd, will feature an integrated Wärtsilä propulsion solution including main engine, controllable pitch propeller and gearbox. According to Wärtsilä, its two-speed gearbox, PTO/PTI and floating frequency solution will provide the vessel with high levels of operational efficiency and flexibility in different operating modes…
Cruise Ship Passenger Medevaced off US
A cruise ship passenger suffering stroke symptoms was medevaced by U.S. Coast Guard personnel approximately 200 miles east of Wilmington, North Carolina. The Coast Guard received a call late Monday afternoon from the 959-foot, Panama-flagged cruise ship Carnival Pride, reporting a 77-year-old female passenger was in distress. Coast Guard air crews arrived on scene and hoisted the ailing passenger along with a family member and a medical professional into a helicopter at about 7:30 p.m.
KR Overhauls Hull Structure Software
IACS member classification society the Korean Register (KR) informs it has overhauled its SeaTrust-HullScan software package, a ship design support solution that analyzes and appraises a vessel’s.
Greece Port Operations Update
An update on Greece’s port operations and local conditions was issued today by maritime services provider Inchcape Shipping Services (ISS). According to ISS, no operational delays have been reported in Piraeus container terminal operations since capital controls were enforced. The only vessel supply operation presently affected is delivery of Cash to Master for any vessel type. No Cruise issues or changes of itinerary have been reported because of capital controls.
Djibouti Training Center Build on Pace
The construction of the Djibouti Regional Training Centre (DRTC) in Doraleh, Djibouti is moving forward in earnest, with a view to completion by the end of September 2015, the International Maritime Organization (IMO) said. IMO’s Chris Trelawny and Kiruja Micheni made a site visit Tuesday, July 7, accompanied by Said Nouh Hassan, Secretary-General of the Ministry of Equipment and Transport, Djibouti.
Shell's Icebreaker Vessel Damaged in Alaska
Royal Dutch Shell Plc's icebreaker vessel Fennica returned to the Dutch Harbor in Alaska with a small breech in the hull, raising concerns about the company's plan to resume drilling in the Arctic later this month. Shell said in June it plans to restart drilling for oil in the Arctic off Alaska as early as the third week of July after a conditional approval by the United States. "Any impact to our season will ultimately depend on the extent of the repair…
Tunisia Reassures Yachters Following Terror Attack
A week after a terrorist attack in Tunisia, local superyacht businesses are reassuring yachters that security has been increased at Tunisian ports despite numerous cancellations. The attack saw a gunman with alleged links to Islamic State extremists open fire on a tourist beach near Sousse, Tunisia, killing 38, including at least 29 Britons, and injuring at least 39 others. Despite the upped security and the government’s involvement…