Oil is Down, Not Out: BOEM Proposes 40-Million-Acre GOM Lease Sale
Despite the continued depressed price of oil and gas, the U.S. Bureau of Ocean Energy Management (BOEM) via Director Abigail Ross Hopper announced that BOEM will…
Kenya's Railway Opening to Traffic in Mid-2017
The tracks for a new, faster railway linking the Indian Ocean port of Mombasa to Kenya's capital will be laid by the end of 2016 and will open for commercial traffic on target in June 2017…
Neelsen to Succeed Ahlers as Buss Port Logistics CEO
Press release - On October 1, Marco Neelsen will assume Heinrich Ahlers' position as Chief Executive Officer (CEO) at Buss Port Logistics (BPL). Ahlers will stay with Buss Group until at least the end of 2016. Neelsen is a trained navigational officer. In his career up to now Neelsen took on operational management positions within the AP Möller Terminals Group in places like Oman, Nigeria and Aqaba, Jordan. Most recently and since 2012, he was the CEO of the Khalifa Bin Salman Port in Bahrain.
France's DCNS, Fincantieri Discuss Joint Venture
French naval shipbuilder DCNS and Italian rival Fincantieri are in discussions about creating a joint venture, latribune.fr website reported on Friday. The two companies…
Diana Containerships Adds Post-Panamax Ship
Diana Containerships Inc. announced it has taken delivery of the 2008-built Post-Panamax container vessel m/v Rotterdam yesterday through a separate wholly-owned subsidiary.
BSM Explores 'LNG as a Marine Fuel'
Press release - Bernhard Schulte Shipmanagement (BSM) highlighted the issues and solutions surrounding LNG as a marine fuel at its industry forum, LNG as a Marine Fuel: Addressing the Challenges. Attended by close to 100 delegates from the ship owning, equipment manufacturing, brokering and media segments of the industry, the session was held in conjunction with London International Shipping Week 2015, which opened this Monday.
NASBLA Expands Patrol Edition Vessel Offering
Press Release -- The National Association of State Boating Law Administrators (NASBLA) Enforcement & Training Committee voted to expand its Patrol Edition Boat Program…
Svitzer Orders Six ASD Tugs from Sanmar
Press release - Svitzer has awarded a contract for six Robert Allan Ltd. designed RAstar 2800 Class ASD tugs to the Turkish Shipbuilder Sanmar, operators of two custom-built, modern shipyards located in Tuzla and Altinova, Turkey. Robert Allan Ltd. said it continues to enhance its RAstar Offshore/Escort Tug design of a unique series of high-performance ASD Tugs. Designed primarily for terminal work…
Bumi Armada Awaits Triple Delivery
Specialized shipbuilder Keppel Singmarine Pte Ltd, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), says it is on track to deliver three ice-class vessels to Bumi Armada Offshore Holdings Ltd, a subsidiary of Bumi Armada Berhad in September. The new vessels, two supply vessels and one multipurpose duty-rescue vessel, were named Bumi Uray, Bumi Pokachi & Bumi Naryan-Mar, respectively, at a ceremony at Keppel Singmarine Thursday.
Asia-Europe Box Rates Plunge 23 pct
Shipping freight rates for transporting containers from Asia to Northern Europe fell 23 percent to $588 per 20-foot container (TEU) in the week ended Friday, a source…
Record Cargo Numbers Continue at Long Beach Port
For the second month in a row, the Port of Long Beach broke its own record for cargo volume in its 104-year history. In a clear sign that customers are confident in the Port, overall cargo volume grew by 22.8 percent in August compared to the same month last year. Cargo volume, measured by the number of containers moving through the Port, reached 703,652 twenty-foot equivalent units (TEUs). The amount beats July’s cargo volume and marks two consecutive months of record-breaking volumes.
New Compact Ferry Design from Deltamarin
A new compact ferry design was launched by Deltamarin during the BaltExpo 2015 exhibition in the beginning in September in Gdańsk, Poland. The new ferry design, entitled DeltaLinx, is engineered for short coastal routes to link small neighboring towns with an emphasis on minimal environmental footprint, according to the designer. At 80 meters in length, DeltaLinx’s compact dimensions enable operations in small ports and congested harbors.
Richmond Now Destination for CMA CGM
CMA CGM has signed an agreement with the Port of Virginia to add the Port of Richmond as a destination for shippers booking cargo on its ships. The Port Virginia announced a cooperative effort with ocean carrier CMA CGM that will greatly enhance service at the Port of Richmond, an upriver barge terminal located on Interstate 95 that extends the port’s inland reach by 90 miles. The growing, world-wide ocean carrier is offering a Richmond bill of lading to the shipping public…
Cosco's Ambitious $1.5Bln Megaship Plan
Chinese shipping behemoth Cosco Holdings has confirmed it will order 11 container megaships for $1.5 billion, despite an estimated 30 percent overcapacity in container shipping having sent freight rates to levels that at times don't even cover the fuel cost of moving containers across oceans, The Wall Street Journal reported. It has placed an order for 11 19,000 TEU containerships at four domestic shipyards. This is the largest single order for container ships Chinese yards have ever received.
IUMI Want Maintenance of Vessel Ownership Records
The International Union of Marine Insurance (IUMI) is calling for vessel owners and technical managers to make records available that provide important information on the condition of the ship and its machinery when a ship changes owner. “The current trend to remove these records has the potential to impact on the new owner’s ability to operate the vessel effectively on takeover”, says Helle Hammer, Chairman of IUMI’s Political Forum.
VIKING's Helpline for New Coastal Safety Rules
With just a few months to go, VIKING has all hands on deck to ensure coastal vessel operators don’t risk their ability to sail under the US Coast Guard’s upgraded coastal vessel safety regulations. Marine safety equipment manufacturer and servicing provider VIKING Life-Saving Equipment A/S says it’s worried that commercial vessels operating in North American coastal waters and waterways simply won’t be able to sail when new USCG safety regulations come into force on 26 February 2016.
SIU sues CBSA Over Permits to Foreign Sailors
The Seafarers’ International Union of Canada (SIU) has launched a lawsuit challenging repeated decisions by the Canadian Border Services Agency (CBSA) to grant temporary work permits to foreign maritime workers crewing foreign ships operating in Canadian waters. Canadian law requires that ships carrying passengers or goods between Canadian ports (“cabotage”) may only use foreign workers if no qualified Canadian workers are available.
Fully Electrical Ferry Wins Efficiency Award
The first purely battery-driven car and passenger ferry Ampere has won the Ship Efficiency Award in the category Environmental Technology. The award recognizes innovative solutions which have contributed to reducing the environmental impact of shipping operations. The 80 metre long DNV GL classed vessel is one of three ferries operated by the Norwegian shipping company Norled between Lavik and Oppedal and is able to carry 120 cars and 360 passengers.
Taylor Made Group President & COO to Retire
The Taylor Made Group has announced that President and Chief Operating Officer, Andy Jobbins, will retire at the close of the company’s current fiscal year, effective October 1, 2015. Jobbins was promoted to his current position in 2010, after serving as Trend Marine Products Managing Director and Taylor Made Group’s International Managing Director — responsible for their facilities in the United Kingdom, Ireland, Australia and New Zealand.
DryShips to Sell 17 Vessels for a Huge Loss
DryShips Inc. a global provider of marine transportation services for drybulk cargoes, and through its affiliate, Ocean Rig UDW Inc., of off-shore contract drilling oil services, announced today that it has entered into firm sales agreements with entities controlled by the Company’s Chairman and Chief Executive Officer, George Economou, to sell 17 vessels. The 17 vessels, comprised of 13 Capesize and 4 Panamax bulk carriers…