Globus Maritime CEO Steps Down
Greek dry bulk shipowner Globus Maritime announced the resignation of Georgios Karageorgiou from the position of president, CEO and interim CFO and Director of Globus Maritime Limited. Karageorgiou is leaving for personal reasons. Athanasios Feidakis, the company's current Non-Executive Director, will replace him as president, CEO and CFO. Feidakis is the son of chairman, Georgios Feidakis. Georgios Feidakis, chairman of Globus Maritime, commented: “We thank Mr.
Windstar Runs Aground in Panama, Cruise Cancelled
The luxury cruise operator Windstar Cruises will drydock ship following last week’s grounding in a remote region of Panama. Windstar reports that Star Pride experienced a grounding while coming into anchor at Isla de Coiba, Panama. As a result the ship's December 26, January 2 and January 9 voyages have been cancelled. According to a statement on the Windstar Cruises Facebook page, Star Pride was “coming into anchor” at Isla de Coiba, off the coast of Panama shortly after 6 a.m. CST on Dec.
Dry Bulkers in An Overwhelming Disappointment
Dry bulkers have been an overwhelming disappointment with the year coming to an end, while on the other side of the coin we have the tanker market that has not only kept its positve momentum but managed to outpace what most had expected thanks to low crude oil price, says a study by Allied Shipbroking Inc. As much as both of these markets have inevitably been influenced and even driven by the market demand conditons…
Wärtsilä to Power Shell's 15 LNG Barges
A series of 15 inland waterway barges being built for Belgium based Plouvier Transport N.V., and which will be chartered by Shell Trading Rotterdam (Shell), are to be powered by Wärtsilä dual-fuel main engines. The barges will operate primarily on liquefied natural gas (LNG). Wärtsilä will also supply other propulsion equipment and its LNGPac fuel gas handling system. The ships’ hulls are under construction…
CMA CGM - Adani Mundra Terminal Gets New Cranes
The first set of seven new Terminal Equipment which includes 4 QUAY and 3 RTG Cranes for its new Adani CMA Mundra Terminal ( ACMT) has reached Adani Ports and Special Economic Zone. ACMT is an equal joint venture with French container line CMA CGM SA and Adani Ports and Special Economic Zone Ltd (APSEZ), India’s biggest private port operator —the fourth—at Mundra port in Gujarat. The equipment was brought in by ZPMC vessel ZHEN HUA25 its unloading took six days.
Russia, Iran in Shipbuilding MoU
Iran Shipbuilding and Offshore Industries Complex Company (ISOICO) and Russian Krasnye Barrikady Shipyard has signed an Memorandum of Understanding (MoU) for ship building activities. According to a report by MNA, the MoU was signed by managing directors of ISOICO and the Krasnye Barrikady Shipyard with the presence of Iran’s Deputy Minister of Industry, Mine and Trade Mojtaba Khosro Taj. ISOICO Managing…
Karan Adani Takes Over as Adani Ports' CEO
Adani Group has elevated chairman Gautam Adani’s son Karan Adani to the post of chief executive officer (CEO) of Adani Ports and SEZ (APSEZ) with effect from January 1, 2016. He is currently the executive director of the company and does not hold any board-level position. The decision to appoint him as CEO was taken in a board meeting held on December 28, 2015 and he will replace outgoing CEO Sudipta Bhattacharya, who is moving to the US to take over as the chief executive — North America.
Keppel Wins $88.5M in Floating Production Contracts
Keppel Offshore & Marine Ltd (Keppel O&M)'s local and overseas subsidiaries continue to win support from repeat customers by securing four contracts worth a total of about $88.5 million.
ABS: New Guidance for Certifying Lifting Appliances
Updated Guide includes latest industry standards. [PRESS RELEASE] (Houston) ABS has published a new edition of the ABS Guide for Certification of Lifting Appliances…
Rising Mississippi Floodwaters Slow Barge Traffic
Rapidly rising floodwaters brought barge traffic to a near standstill on the middle section of the Mississippi River on Monday, halting shipments of goods such as soybeans…
Drugs Seized at Sea: HMAS Melbourne Makes 4th Drug Bust
HMAS Melbourne personnel have completed a fourth successful drug seizure for Operation MANITOU after seizing 118kg of heroin from a fishing vessel in the Indian Ocean. The ship’s boarding party completed a thorough search of the vessel on December 26 and discovered 118kg of drugs hidden inside which was subsequently transported onboard HMAS Melbourne for further analysis and disposal. Specialized equipment…
ESG Delivers Escort Tug Triton
In early December 2015 Eastern Shipbuilding Group delivered the Escort Tug TRITON for Suderman & Young Towing Company. These series of Robert Allan, LTD. (RAL) designed Z-Tech 2400 Class Terminal & Escort Tugs are currently under construction at Eastern’s Nelson Street facility. TRITON (Hull #235) is the first of a series four (4) Z-Tech Class Terminal & Escort Tugs being constructed for Suderman & Young Towing Company.
The Top Five Ships of 2015
Maritime innovation never stops, and 2015 was certainly no exception, as a number of “world firsts” hit the high seas. In its December 2015 edition Maritime Reporter & Engineering News (http://digitalmagazines.marinelink.com/nwm/MaritimeReporter/201512/) presented its “Great Ships of 2015;” MarineLink.com takes the process one step further, and here confer the “Top Five Ships” of 2015. With a gross tonnage of 168…
Hawaii Governor Tours Pearl Harbor Naval Shipyard
Hawaii's Governor David Ige visited Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility December 21 to learn more about the historic shipyard's national security mission and role as the state's largest industrial employer, marking the governor’s first visit to the shipyard since he was elected in 2014. During a tour of the shipyard's huge Inside Machine Shop, the governor met with shipyard workers…
SpeedCast Acquires NewCom
Global satellite communications service provider SpeedCast International Limited announced it has signed a definitive agreement for the acquisition of NewCom International…
Twelve Saved from Sinking Freighter in Cuban Waters
The U.S. Coast Guard (USCG) rescued 12 people from a freighter vessel taking on water in Cuban territorial seas Saturday. The rescue, performed by two USCG helicopter crews, saved one Jamaican, two Nicaraguan, one U.S., and eight Haitian crewmembers. On Saturday, Coast Guard watchstanders were notified that the Haitian Flagged, 120-ft coastal freighter Granam ST Anne was taking on water in Cuban territorial seas, and ordered the launch of two helicopters.
US Awards $3.7 Mln for Wind Project off Maine
The Maine Aqua Ventus project, an experimental floating deep-water offshore wind project off the coast of Castine, Maine, has received $3.7 million from the U.S. Department of Energy. The project was originally competing for a $47 million grant but was passed over for projects in New Jersey, Virginia and Oregon. The DOE instead awarded Maine $3.7 million for work to continue on a pilot project off the coast of Monhegan.