UASC Sees Big Drop on Asian-Europe Route
Kuwait-headquartered United Arab Shipping Company (UASC) said that marked drop in Asian imports to Europe, made worse by a strong dollar, has heaped pain on container lines already struggling with massive over capacity, reports Reuters. Jorn Hinge, president and chief executive of UASC stated that the container market, which ships retail goods from IPhones to designer clothes and food products, has been hit by a slowdown in demand for goods from Asia, especially China.
Hague Court Begins Hearing On South China Sea Issue
A United Nations arbitral tribunal in The Hague heard some of the Philippines’ territorial claims over the disputed Spratly Islands in the South China Sea on Tuesday. A delegation of nearly 50 lawyers and representatives for the Philippines gathered to present their case for territorial claims and usage rights in the South China Sea. The move to bring the issue to court was prompted by China’s program of building airstrips and defenses on some of the islands.
Maritime Cook Islands Expands Network to India
Maritime Cook Islands (“MCI”), the leading ship registry, has recently established its presence in India with the appointment of two deputy registrars (“DR”), Mr…
First Cruise Ships Dock at Abu Dhabi’s New Stopover
Abu Dhabi Ports─the master developer, operator and manager of ports and industrial zones in the Emirate―has started welcoming cruise liners at Sir Bani Yas Island, the Arabian Gulf’s first cruise beach stopover in Abu Dhabi. Two prominent luxury cruise vessels made their maiden calls at the Island last week as part of their international itinerary. Sir Bani Yas Island, an award-winning nature and wildlife island reserve, has long been a popular leisure destination.
South Korean Orders for MacGregor's Pusnes Deck Machinery
MacGregor, part of Cargotec, has secured orders for a series of Pusnes deck machinery packages for various shipowners. The Pusnes equipment has been specified for different ship types that are going to be built by the Hyundai Group and Sungdong Shipbuilding & Marine Engineering, in South Korea. "These orders clearly show the confidence our customers have for MacGregor and our equipment," says Nils Jørgen Walle, Sales Manager for Pusnes deck machinery at MacGregor.
Terex Cranes for ICTSI
Terex Port Solutions (TPS) has received an order from a subsidiary of International Container Terminal Services, Inc. (ICTSI) in Iraq for two Terex shiptoshore cranes (STS) and three Terex rubber-tyred gantry cranes (RTG). With this order including comprehensive services, TPS and ICTSI, a leading global port operator, are writing the next chapter in the history of their successful cooperation. Previously TPS has supplied 24 RTG to three different terminals operated by ICTSI in Madagascar…
Ship Conversion: Offshore Survey Vessel to Become a Flotel
Dutch shipowner C-Bed has contracted Wärtsilä Ship Design to supply the design for rebuilding its Seismic Survey Vessel, the Viking II, for use as a hotel vessel to accommodate and transfer service personnel working on offshore wind farms. The rebuild project is being carried out at the Fayard AS shipyard in Denmark and is expected to be completed during the first quarter of 2016. The contract with Wärtsilä was signed in September.
BWM Convention Doesn't Resolve U.S. Issues - ICS
ICS notes that the IMO Secretary General has announced that the Ballast Water Management Convention will enter into force worldwide from 24 November 2016, following ratification by Indonesia (subject to IMO’s verification of the gross tonnage data relating to Indonesia’s registered fleet). ICS believes it is now incumbent upon IMO to finalise the revision of the G8 Type Approval Guidelines as soon as possible…
Greek Shipowners Fiercing Protect Tax Breaks
Shipping minister says current measurement method not effective. On the day he took office as Greece's shipping minister in June 2012, Kostis Moussouroulis received…
Egypt to Complete East Port Said Side Channel in 2016
Egypt plans to complete a side channel in East Port Said, near the Suez Canal, that would speed up shipping and allow ships direct entry into the port by the end of June 2016…
Asia Fuel Oil-Cracks, Spreads Tight; Bunker Prices Climb
Asia's fuel oil crack for benchmark 180-centistroke rebounded to a discount of $6.79 a barrel on Wednesday, gaining as bunker prices firmed on the possibility of…
U.S. Ups Philippines Aid as South China Sea Turmoil Builds
The United States has raised its military aid to the Philippines this year to $79 million, the U.S. ambassador said on Wednesday, as tension rises in the region…
BTӦ Orders Damen ASD Tug
Sweden-based BogserTeam Ӧresund (BTӦ), part of MarCon gruppen, recently signed a contract with the Damen Shipyards Group for the delivery of a Damen ASD Tug 2810. MarCon gruppen is currently experiencing growth and is undertaking a program of renewal and expansion to its fleets. The ASD 2810 is currently being built on series at Damen Shipyards Galati in Romania. The completed vessel will be delivered to the client in June 2016, after which she will sail under her own keel to Sweden.
Two New Crewboats for ISS
Maritime and logistics service provider Inchcape Shipping Services (ISS) has expanded its launch fleet with two more fast crewboats, bringing its total fleet size to 18 vessels. The two newbuild 42-meter vessels have been added in response to a growing demand in the oil and gas sector for faster crew/supply boats to increase operational efficiencies and will assist in the safe and fast transfer of offshore personnel, cargo and liquid payloads, ISS said.
R-22 Phase-out Presents Dangers and Expense -WSS
The shipping industry is facing price, supply and safety risks in the run-up to the global ban on R-22 (chlorodifluoromethane or HCFC) refrigerant, warns Wilhelmsen Ships Service, a global provider of services and products. The colorless gas, which has high ozone depletion and global warming potential, is still said to be in use on between 6,000 and 8,000 vessels worldwide. R-22 was outlawed throughout the EU in a process that ran from 2010 to January 1, 2015.
MacGregor Wins Orders for Pusnes Deck Machinery
MacGregor, part of Cargotec, announced it has secured orders for a series of Pusnes deck machinery packages for several shipowners. The Pusnes equipment has been specified for different ship types that are going to be built by the Hyundai Group and Sungdong Shipbuilding & Marine Engineering, in South Korea. MacGregor's Pusnes deck machinery has been specified for the following ship types: twelve very large crude carriers (VLCC)…
Scripps Sells Oceanographic Research Vessel
Purpose-built oceanographic research and survey vessel New Horizon has been sold from the Scripps Institute of Oceanography to private interests, announced ship broker Marcon International, Inc. New Horizon will continue to work under her new ownership as a U.S. flag research and survey vessel. The 170' loa x 36' beam x 15' depth / 12.76' draft New Horizon was specially built as a dedicated oceanographic research ship for Scripps…
SSI Hires Holder for US Sales
SSI has hired CAD/CAM specialist Robert Holder as part of its sales force in the U.S. market. According to SSI, the hiring is intended to meet the expanding demand…
Available: 300 Free Systems; Wanted: 300 Ships
Which will be the first 300 ships in the world to test and validate Sea Traffic Management (STM) with updated systems free-of-charge? As the shipping domain is takes steps in information technology…
Royston Appoints New US Distributor
Diesel power engineering specialist Royston has appoint a new U.S.-based distributor, citing growing interest in its advanced Enginei marine fuel management and monitoring systems. The Houma, La.-based Bow 2 Stern Technologies LLC will provide sales and technical service support for the Enginei system, which uses powerful data collection software to significantly expand the range of fuel, engine performance and voyage data used for crucial fuel analysis and optimization decisions.