Suezmax Tanker Delivered to NAT
Nordic American Tankers Limited (NAT) has today taken delivery of the first of two recently purchased secondhand Suezmax tanker vessels. NAT announced in July that…
Leaders Call on Canadian Marine to Grow Economy
The Federal Election is an important opportunity to boldly support the marine industry as a means to sustainable Canadian growth. During this election and post-election period, political leaders are urged to build upon Canadian domestic shipping for the Canadian economy and sustainable economic growth. "The Canadian marine industry connects Canada's economic capacity with the rest of the world," says Robert Lewis-Manning, President of the Canadian Shipowners Association (CSA).
Great Lakes Cargo Volumes Down in August
Foreign steel, vessel repairs and a broken lock combine to cut U.S.-flag Great Lakes float 10 percent in August, according to the Lake Carriers’ Association (LCA). Continued high levels of steel imports, coupled with three large vessels idled for repairs and a lengthy closure of the MacArthur Lock at Sault Ste. Marie, Michigan, cost U.S.-flag Great Lakes fleets more than 1.1 million tons of cargo in August, the LCA said.
New CEO Takes the Helm at Transas
Frank Coles has been appointed as Chief Executive Officer and member of the Board of Directors for Transas Marine, a provider of equipment, software and system integration for the maritime industry. A maritime business professional, Coles brings to the position leadership experience in maritime operations and technology. Coles recently served as an advisor to a number of blue chip private equity companies on maritime opportunities.
Cat’s C280 Engines Meet EPA Tier 4, IMO Tier III
Caterpillar Marine now offers its Cat C280 medium-speed diesel engines for U.S. Environmental Protection Agency (EPA) Tier 4 and International Maritime Organization (IMO) Tier III service. The EPA Tier 4 standards applied to all new U.S. flagged vessels starting in January 2014 and IMO III standards will apply to all new vessels entering IMO NOx Emissions Control Areas (NECA) starting in January 2016.
Megaships Worsen Overcapacity in Boxship Trades
Container shipping lines are poised to take delivery of a new generation of "megaships" over the next two years, just as the growth of world trade is slowing down, contributing to massive overcapacity in the market. Megaships, which can be up to 400 metres long, seem to be here to stay, not least because so many more are already on order, the product of high fuel costs and low interest rates. But the…
China Shipping Firms, Dynagas Mull Arctic LNG Vessel Deal
China Merchants Energy Shipping, Sinotrans Shipping and Greek shipping firm Dynagas are in talks to form a joint venture to build five vessels to ship liquefied natural gas (LNG) from the Arctic…
Shipping Delivering Real CO2 Reduction
In advance of the United Nations Climate Change Conference in December, the global shipping industry, as represented by the International Chamber of Shipping (ICS), has launched some key messages to government negotiators, explaining the impressive progress the industry is making to reduce its carbon footprint. According to ICS, the global industry is already delivering carbon neutral growth having reduced total CO2 emissions by more than 10% since 2007, despite an increase in maritime trade.
Changes in Swire Pacific's Top Deck
Swire Pacific Offshore (SPO) announces a change in leadership with the appointment of a new Managing Director in Singapore. Mr Ron Mathison has taken over the helm as the new Managing Director on Monday, 21st September 2015. Mr Mathison has also been appointed as Director of John Swire & Sons (S.E. Asia) Pte Ltd, with effect from 1st August 2015. Mr Mathison embarked on his career with John Swire &…
Shipbuilding: Crowley's First LNG ConRo Ship on Schedule
Construction of the first of two liquefied natural gas (LNG)-powered, combination container – Roll-On/Roll-Off (ConRo) ships for Crowley Maritime Corporation’s liner services group is now 25 percent complete, the company announced. The two ships, which will be named El Coquí and Taíno, are currently under construction at VT Halter Marine, Inc., a subsidiary of VT Systems, Inc., a project that began in November 2013.
Aker to Sell Product Tanker JV Interest
Aker Philadelphia Shipyard ASA announced today that its wholly-owned U.S. subsidiary, Aker Philadelphia Shipyard, Inc. (APSI), has entered into definitive agreements with a subsidiary of Marathon Petroleum Corporation (MPC) for the buy-out of APSI's interest in its joint venture with Crowley Maritime Corporation (Crowley) related to the operation and chartering of four 50,000 dwt product tankers. The transaction is based on an enterprise value of $150 million per vessel.
SSL, Streamlines Join Forces in Nordic, Baltic Regions
StreamLines, a specialist carrier between Europe and the Caribbean and from the Caribbean, Colombia and Costa Rica to Europe, has appointed Scandinavian Shipping & Logistics as its agent in Norway, Denmark, Finland, Estonia, Latvia and Lithuania. The two companies have been working together in Sweden since January 2014 and now expand the cooperation and partnership to a much wider range of countries.
UK's First Boat with Duplex Silicone Coating
A Blyth Workcat patrol boat nearing completion for the Kent and Essex Inshore Fisheries Conservation Area (KEIFCA) has become the first vessel in the UK to be treated with Duplex fouling release. The silicone coating is manufactured by Fuji Smart Surfaces and was chosen by KEIFCA for its new 17-metre boat, the FPV Nerissa, because it is able to prevent the adhesion of fouling without the use of toxins that would be harmful to the fisheries.
Navigation Accidents and Causes
The Nautical Institute’s latest book looks at major casualties and the lessons that can be learned, setting out good practice to avoid them in future. The book, launched yesterday (Monday), examines nearly 30 casualties and the problems of fatigue, bridge resource management, Colregs and other issues where human factors contributed to the accidents. In his Foreword to the book, Koji Sekimizu, Secretary-General…
2 Mobile WROVs with LARS for Swire Seabed
Subsea operation specialist, Swire Seabed, has placed an order for the acquisition of two Kystdesign Supporter Work-Class Remotely Operated Vehicles (WROVs) with Lidan Launch and Recovery Systems (LARS), for delivery in February 2016. Swire Seabed has the option to purchase two more WROVs. Swire Seabed prides itself on its strong track record of undertaking a wide range of subsea operations and its team of highly experienced onshore and offshore specialists.
Li to Head MacGregor's China business
MacGregor develops operations in China and strengthens its organisation by appointing Zhengyu Li (Frank) as Vice President, Head of China as of 1 October 2015. Mr Li drives the development of MacGregor business in the most important market in the marine industry. He will be a member of the MacGregor Group Executive Team and based in Shanghai. Mr Li has over 25 years of international business experience…
America's First Female Cruise Ship Captain on Maiden Voyage
An American woman Kate McCue is on her maiden voyage at the helm of the Celebrity Summit. She's leading the 14-day cruise with more than 2,100 passengers and a crew of about 950. Kate McCue, 37, took the helm of her maiden voyage on the Celebrity Summit ship on Sunday as the 91,000 ton cruise vessel set sail to New England and Canada. Captaining cruise ships still remains a profession dominated by men.
Silver Cloud to Join Polar Exploration Fleet
Silver Cloud is to move Silversea Cruises’ luxury expedition fleet in November 2017. Destined mostly for polar waters, the elite 296-guest ship that launched the ultra-luxury cruise line will be converted into an ice-class ship during an extensive refurbishment scheduled to start in August 2017, Silversea Cruises said. As an expedition ship, the all-suite Silver Cloud will accommodate 260 guests and also sail on itineraries to non-polar regions.
Cheniere to Ship LNG Cargoes to France
Cheniere Energy agrees to send 24 cargoes of liquefied natural gas (LNG), or 89T BTUs, from its Sabine Pass Terminal in Louisiana in 2017 and 2018 to French state-controlled power utility Electricite de France (EDF), its second deal in two months to ship the fuel to France after EDF agreed to buy as many as 26 cargoes last month. Cheniere Marketing International LLP, wholly owned subsidiary of Cheniere Energy…
Bulker Runs Aground in Sweden
Liberian-flagged bulk carrier MV Victoria is reportedly stuck on a shoal off the west coast of Sweden with a 3-meter gash in its hull after running hard aground Saturday night. According to local reports, the 190-meter ship was en route from Rostock, Germany to Guinea in West Africa with a cargo of wheat when it ran aground at about 11:30 p.m. local time Saturday night off the coast of Varberg, Sweden. No leaks or oil spills have been reported. So far no pollution has been reported.