Diana Containerships Sheds Panamax Boxship
Press release - Diana Containerships has signed a Memorandum of Agreement to sell to an unaffiliated third party the 1995-built vessel "Garnet" (formerly "APL Garnet") for demolition, with delivery due to the buyer by the end of September 2015, for a sale price of approximately $7.85 million before commissions. Upon completion of the aforementioned sale, Diana Containerships Inc.'s fleet will consist of 13 container vessels (5 Post-Panamax and 8 Panamax).
FLNG Birth of a Market
FLNG deal-making has been sporadic since Woodside Petroleum at the end of 2013 delayed a final investment decision for the giant Browse FLNG project off Northwest Australia. The previous year had seen go-aheads for most of the floating liquefied natural gas projects (FLNG) underway today, including Shell’s Prelude FLNG — Woodside’s choice, it seems, of a liquefaction solution for fields 200 kilometers offshore. Yet Prelude, “the first project out”, might not be first to produce.
Container Growth Up at GPA
Geargia Port Authority Executive Director Curtis Foltz reported a 16.6 percent calendar year to date increase in container volumes, as well as capital projects necessary for future growth. The Port of Savannah has moved 2.55 million twenty-foot equivalent container units since the start of the calendar year, an additional 365,097 TEUs. Twenty-foot equivalent container units grew by 4.4 percent (13,353 TEUs) in August alone, for a total of 315,175 TEUs.
EU-bound Jet Fuel Stays at Sea
Tankers anchored off Europe, extend voyage seeking buyers; outlook dim as imports to the region rise. A jet fuel market in Europe saturated by imports from Asia…
NMA Prohibits CO2 Firefighting on MODU's
Statutory Alert: The Norwegian Maritime Authority (NMA) has updated Regulation No.227 on precautionary measures against fire and explosion on mobile offshore units, with effect from 1 January, 2015. Section 10.2.1 prohibits using carbon dioxide or other gases which are toxic to humans in the concentrations necessary to extinguish fires in machinery spaces and other spaces of high fire risk. foreign-registered mobile offshore units requiring a Letter of Compliance (LOC).
OP/ED: e-logs & Saas to Transform Marine Recordkeeping
The USCG has poised e-logs and SaaS to transform U.S.-flagged shipboard recordkeeping. The United States Coast Guard frequently appears behind the times when it comes to rulemaking involving shipboard technological advances. Often, by the time the USCG has a Final Rule approved for publication in the Code of Federal Regulations, the technology which that Final Rule was expected to address has been superseded by a newer form of technology.
AAL Canada Opens Vancouver Office
Press release - AAL has announced the opening of a new office in Vancouver, Canada. This continues the company’s global expansion strategy, which has, in the same month, seen the opening of AAL Korea. The move strengthens the company’s on-the-ground presence and customer support function in a region experiencing growth and development. AAL is also one of the first global shipping operators established…
Norden to Exit Capesize Bulker Markets
Danish shipping company D/S Norden plans to cut the number of vessel types it operates to help it through a long-depressed shipping market that could be about to get worse due to a slowdown in China…
Singapore's Record Fuel Stocks Move to Floating Storage
Record high stocks of fuel oil in Singapore are pushing traders to store the shipping and feedstock fuel into tankers temporarily as demand slows regionally. At…
Damen Tugs Renew Towmar Baltic UAB fleet
Towage operator Towmar Baltic UAB recently renewed its fleet with two new Damen ASD Tugs 2810. The ship assistance and marine service company provides services to customers calling at the Port of Klaipeda (Lithuania) and the Port of Liepaja (Latvia) in the Baltic Sea region. TAK 10 and TAK 11 will operate in both ports. Managing Director of Towmar Baltic, Tomas Zabulionis, explains why the company chose Damen. “We have had a lot of experience with Damen tugs over the years.
Transas e-Logbook Gets Panama Flag Approval
The Panama Marine Authority has confirmed the Transas Electronic Logbook as equivalent to the paper version for use on board the ships registered under the Panamanian Flag. Successful approval of the Transas e-Logbook by the largest shipping flag state is an important milestone in executing company's strategy to develop and deliver high-quality reliable e-Navigation products to its customers. The Transas…
Wärtsilä Adds Thruster to Inland River Portfolio
Wärtsilä introduces the latest addition to its thruster product portfolio, the Wärtsilä WST-14 steerable thruster, which represents state-of-the-art azimuthing propeller technology. It is aimed primarily at inland waterway cargo vessel applications. The new thruster will provide increased reliability and efficiency, while also lowering costs. Among the many innovations incorporated into the WST-14 are its space-saving compact design…
Greyman Express Launched
China’s COSCO Guangdong Shipyard today launched Greyman Express, the sixth newbuilding livestock carrier to be constructed for Dutch company Vroon at this yard. Four newbuilding livestock carriers have already been delivered to Vroon and have entered service. The fifth vessel, Gloucester Express, will be delivered later this year, with the final two vessels - Greyman Express and Gudali Express – joining the fleet in 2016.
Fire in Urea carrier Otong Kosasih
Urea carrier Otong Kosasih suffered fire in superstructure, vessel is docked in Kalidoni Palembang, South Sumatra. The 1975-built, 11,196 dwt urea carrier Otong Kosasih owned by a local fertilizer company PT. Fire started in one of the cabins at around 1000 LT Sep 20, and spread up to other floors, engulfing captain’s cabin and threatening the bridge. All 32 crewmembers escaped unharmed. The crew which were on board went ashore, five fire trucks and four tugs were engaged in fire fighting.
China Pushes Maritime Silk Road to Asean
China made its pitch to ASEAN members to promote its Maritime Silk Road plans. China has said it will finish negotiations on upgrading the China-ASEAN Free Trade Area called CAFTA by the end of this year, said Vice-Premier Zhang Gaoli. He said economic and trade cooperation is the base and guide of the construction of the Belt and Road Initiative. "China and the Association of Southeast Asian Nations…
Crowley Offers LNG Training at JaxPort
Crowley Maritime Corporation recently participated as one of several Gas Technology Institute (GTI) funding collaborators to bring liquefied natural gas (LNG) awareness training to 150 stakeholders and first responders in Jacksonville. GTI, in conjunction with the Florida State College at Jacksonville Fire Academy of the South (FAS), developed the first-of-its-kind training specifically for Port of Jacksonville area stakeholders including Jacksonville Fire and Rescue Departments, U.S.
Gener8 Maritime Acquires ECO VLCC
Gener8 Maritime, Inc. involved in international seaborne crude oil transportation services, today announced that it took delivery of the ECO VLCC Gener8 Neptune from Daewoo Shipbuilding & Marine Engineering on September 11, 2015. The Gener8 Neptune represents the first of 21 "ECO" VLCCs expected to be delivered into Gener8 Maritime's fleet. Upon delivery, the Gener8 Neptune will be entered into Navig8's VL8 Pool.
AUSINDEX15 a Success
The inaugural bilateral maritime exercise between India and Australia, AUSINDEX15, has concluded in Visakhapatnam, India. The activity brought together ships and aircraft from both countries to strengthen defence co-operation under the Framework for Security Cooperation announced by the Australian and Indian Prime Ministers, Abbott and Modi, in 2014. Head Navy Capability, Rear Admiral Jonathan Mead…
WWII Catalina Aircraft Wreckage Confirmed
The Royal Australian Air Force has confirmed that aircraft wreckage found in waters south of Cairns is that of RAAF Number 11 Squadron Catalina A24-25 that crashed on 28 February 1943, killing all 11 personnel on board. Chief of Air Force, Air Marshal Leo Davies AO, CSC, praised the work of all those involved in locating and confirming the identity of the aircraft. “The discovery of this Number 11…
NAVTOR Opens Japan Office
Less than a year after opening its first office in Asia, Norwegian e-navigation specialist NAVTOR is expanding in the region again - this time with a dedicated presence in Japan. NAVTOR Japan K.K. will help the firm, known for its simple, efficient and cost effective ENC distribution solutions, continue to roll out its European success worldwide, securing an important foothold in this key shipping arena.