Maersk to Boost Asia-Euro Box Rates Sharply
The world's largest container shipping company, Maersk Line, plans to raise spot freight rates sharply on main routes from ports in Asia to ports in northern Europe, with effect from Sep 1, the company said. Spot rates for twenty foot equivalent unit containers (TEU) will rise by $1,000, Maersk Line wrote in a letter to customers last week. The planned price hike corresponds to a 156 percent increase from current levels if implemented successfully.
Gibdock Strengthens Position with German Owners
Gibraltar ship repair yard Gibdock said it is strengthening its impact within the German ship owning market. Working in partnership with its local agent, Hamburg-based Combitrade, the yard has managed to win a significant amount of business from some of the country’s shipowners and managers. Peter Döhle Schiffahrts-KG recently chose Gibdock to work on one of its 1,730 teu capacity geared containerships.
Strong Supply Growth Threatens Rosy Days for Tanker Owners
A surge in crude tanker vessel capacity over the next two years will lead to a fall in ship-owner earnings from current highs, according to the latest edition of the Tanker Forecaster…
Jebel Ali Port Become Distribution Hub for Dow Chemical
Marine terminal operator DP World, UAE Region, has reached an agreement with an affiliate of The Dow Chemical Company based in Jebel Ali to support the distribution of Dow‘s products. The contract was signed recently by Mohammed Al Muallem, Senior Vice President and Managing Director of DP World, UAE Region, and Moosa Al-Moosa, President of Dow UAE in Jebel Ali in the presence of senior officials from both organizations.
Ampelmann Wins Gangway Contract in GoM
Ampelmann informs it has been awarded a contract by Boa Marine Services Inc. (BMSI) to provide a gangway solution for the ExxonMobil-operated Julia project in the Gulf of Mexico. Ampelmann’s work scope comprises transferring day- and nightshifts of personnel and 24 hours emergency evacuation standby. BMSI’s multipurpose vessel Boa Deep C. is being fitted with an Ampelmann A-type gangway, mobilized on a 23-meter pedestal so it is capable of landing at the platform at a height of 32 meters.
Arctic Drilling 'Not Worth the Risk' -Hillary Clinton
U.S. Democratic presidential candidate Hillary Clinton said in a Twitter post on Tuesday that drilling for oil and gas in the Arctic Ocean was "not worth the risk." "The Arctic is a unique treasure," Clinton said. The Obama administration on Monday gave Royal Dutch Shell final approval to resume drilling in the environmentally fragile ocean for the first time since 2012. (Reporting by Emily Stephenson and Amanda Becker)
Greece: Migrant Crisis Won't be Solved with Fences
Greece appealed to its European Union partners on Tuesday to come up with a comprehensive strategy to deal with a growing migrant crisis as new data showed 21,000…
Examining the Fate of Fukushima Contaminants
An international research team reports results of a three-year study of sediment samples collected offshore from the Fukushima Daiichi Nuclear Power Plant in a new paper published August 18, 2015, in the American Chemical Society's journal, Environmental Science and Technology. The research aids in understanding what happens to Fukushima contaminants after they are buried on the seafloor off coastal Japan.
R&D Project Targets Better Gangway Operability
Kongsberg Maritime is working with Norwegian shipping company Østensjo and the Norwegian Marine Technology Research Institute (Marintek) on a new research and development project for operations using motion compensated and telescopic gangways, typically found on accommodation vessels in the offshore sector. The project is part of the Norwegian Government’s innovation program MAROFF (Maritime Activities and Offshore Operations).
Diesel Spill in Sitka Sound
A Unified Command has been formed to respond to a release of diesel fuel from the Jarvis St. Power Plant, the U.S. Coast Guard reported Monday. Coast Guard Sector Juneau…
EnSolve Wins NSF Grant for Sox Scrubbers
Maritime equipment company EnSolve Biosystems won a $500,000 Phase IIB National Science Foundation (NSF) grant to continue commercial development of its EnScrub technology which treats particulates and petroleum hydrocarbons from the effluent of shipboard sulfur oxides (SOx) scrubber systems. The first EnScrub system was installed in early 2015 on a ship operating in the Great Lakes and is treating and legally discharging scrubber water.
Dometic to Launch Watermaker at IBEX
Dometic Marine, a division of Dometic Group, a global provider of leisure products for the marine, truck, RV and automotive markets, announced it will showcase its…
Customs Staff Strike at Brazilian Ports
A national strike action has been implemented by customs staff, potentially affecting Brazilian Ports from August 19, Inchcape Shipping Services (ISS) is advising.
G6 Alliance Axes Four Asia-Europe Sailings
Container shippers of the G6 Alliance announced four sailings within their Asia-Europe product have been cancelled in response to changes in market demand. Loop 6 service in week 40 (westbound ETA Kaohsiung, October 1, 2015). Kaohsiung will be added as a westbound call, while Jebel Ali will be inserted on the eastbound leg of Loop 7. The westbound Colombo and Xiamen calls will be added into Loop 4. Loop 7 service in week 41 (westbound ETA Qingdao October 5, 2015).
US to Open Bids for Gulf of Mexico Lease Sale
The U.S. Bureau of Ocean Energy Management (BOEM) said it is set to conduct a Gulf of Mexico Western Planning Area Lease Sale 246 on Wednesday, August 19 at the Mercedes-Benz Superdome in New Orleans.
Challenging Times Ahead for LNG Shipping
LNG carrier freight rates have come under severe pressure due to rising fleet supply and stabilizing LNG demand, as Japan prepares to restart its nuclear power plants. Despite the general market belief that new LNG supply from Australian projects will provide ample employment to the growing fleet, there are immediate challenges on freight rates. This is due to 49 million tonnes per annum (mtpa) of Australian LNG cargo supply expected to hit the market over the next two years…
Lundin Norway Exercises Safe Boreas Option
Semi-submersible accommodation vessel owner and operator Prosafe informs that Lundin Norway AS has exercised an option to prolong the provision of semi-submersible accommodation vessel Safe Boreas at the Edvard Grieg Project in the Norwegian sector of the North Sea. The one-month option extends on site operations through mid-December 2015 and has a total value of approximately $10 million. In addition, Lundin has a further one-month option.
COSCO Delivers PSV to COSL
On July 22, COSCO (Dalian) Shipyard delivered a platform supply vessel (PSV), ¡°Hai Yang Shi You 660¡±, to China Oilfield Services Limited (COSL), the Chinese shipbuilder announced.
Kvichak Building 4th Response Boat for NYPD
Kvichak Marine Industries, a Vigor Company, is currently constructing the fourth 44.5-foot Response Boat Medium – C (RB-M C) for the New York Police Department (NYPD) Harbor Unit. The first three vessels were delivered in April 2010, August 2012 and April 2013. The RB-M C’s have been providing maritime security and law enforcement along with search and rescue in the New York metropolitan area. “The RB-M C has proven itself in the most challenging missions,” said Art Parker, Vigor sales manager.
HII Awarded US Navy Sub Maintenance Work
Huntington Ingalls Industries (HII) announced today that its Newport News Shipbuilding division has been awarded a $57.8 million contract to perform planning in support of maintenance and modernization efforts on the submarine USS Columbus (SSN 762). If all contract options are exercised, the total value of the work would be $288 million. Contract work will include maintenance and restoration of the ship's hull structure…