Concordia Maritime Signs Time Charter Contract for P-MAX Tanker
Concordia Maritime signed a contract to charter out another P-MAX tanker. The contract, which comes into effect at the beginning of February 2016, is for one year with an option for a further year.
Polar Expedition Vessel to be Built in Croatia
Bureau Veritas (BV) is to class a new concept luxury expedition cruise vessel to be built for Australia’s Scenic group. The 165m vessel will be built at Croatia’s Uljanik shipyard for delivery in summer 2018. It will have lower berth accommodation for 228 passengers and 172 crew and will meet the requirements of the newly adopted Polar Code allowing operation for a certain period of the year in Polar waters.
COSCON Selects CargoSmart’s Carrier IT Solutions
CargoSmart Limited, a shipment management software solutions provider that leverages big data for greater visibility and benchmarking, announced that COSCO Container Lines Co. Ltd.
Maritime Simulation: Transas launches THESIS
More than 400 delegates representing maritime training centres, shipping companies, certification societies, maritime administrations, and suppliers from all over the world, gathered in Singapore for the IVth Simulation User Conference hosted by Transas. During his keynote speech, Frank Coles introduced THESIS, the Transas Harmonized Eco System of Integrated Solutions. “Ship, ship operations office…
Fredriksen forms ship broker with Arctic Securities
Norwegian-born billionaire John Fredriksen has teamed up with investment bank Arctic Securities to form a ship broking company aimed at taking on bigger rivals and…
Boxship Fleet Growth is Slowest in 25 Years
Global container ship capacity is expected to increase by 4.6 percent in 2016, the slowest growth rate in more than 25 years, giving some relief to an industry hammered by oversupply, consultancy firm Alphaliner forecast on Tuesday. Freight rates have plunged, driving many shipping companies into losses, as global trade has failed to keep pace with the number of new vessels entering the market in recent years.
Spanish Court Sentences Prestige Master to Prison Term
Spain's Supreme Court sentenced the captain of the Prestige oil tanker, which sank off Spain's northwestern coast in 2002, covering thousands of kilometres of coastline in fuel oil…
GE Marine Powered Tugs Delivered to SAAM
SAAM has taken delivery of its first two tugs to be powered by GE Marine. These new 80-ton RAstar 3200 terminal support tugs include two 8L250 GE Marine diesel engines. Designed by Robert Allan Ltd. and built at Guangdong Bonny Fair Heavy Industry Limited in China, the tugs will operate out of Uruguay. “Arriero,” reached its new home port of Montevideo on November 16 and the second tug, “Maneador,” is currently en route.
Yamal Project’s First Ice-going LNG Carrier Launched
The first of 15 ice-going LNG carriers for the Yamal project has been launched and is set to sail the arctic waters from Siberia to Europe and Asia. Built by Daewoo Shipbuilding and Marine Engineering (DSME) in its Okpo South Korea yard, the new vessel, SCF Yamal, features three azimuthing thrusters from ABB and has been labeled the world’s most powerful LNG carrier. Booked in the first quarter of 2014…
Baltic Index Resumes Losses, Ends Below 350 Points
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, resumed its fall on Tuesday to touch a new all time low…
SUPSALV & Finding El Faro
Last month we were offered an in-depth discussion on marine salvage with Captain Gregg W. Baumann, U.S. Navy, Director of Ocean Engineering, Supervisor of Salvage and Diving. Captain Baumann and his team have a long history regarding difficult missions accomplished, including most recently the location and filming of the lost TOTE containership El Faro. What is the scope of the responsibility of the Supervisor of Salvage & Diving; Director of Ocean Engineering?
Fincantieri Inks Shipbuilding Deals with Iran
Shipbuilding group Fincantieri said it has signed a number of framework agreements with some primary Iranian companies. The preliminary understandings were reached…
Coast Guard Hearing on El Faro Sinking
The U.S. Coast Guard will conduct a public Marine Board of Investigation hearing into the loss of the United States-flagged steam ship EL FARO, and its 33 crewmembers. The first hearing session will focus on the pre-accident historical events relating to the loss, the regulatory compliance record of the EL FARO, crewmember duties and qualifications, past operations of the vessel and the Coast Guard’s Search and Rescue operations.
New Industrial Director at Port of Rotterdam
Yvonne van der Laan will commence her duties as Director of Process Industry & Bulk Goods at the Port of Rotterdam Authority starting February 1, 2016. Van der Laan will succeed Bas Hennissen, who left in 2015. She brings to the role more than 20 years of experience in the petrochemical industry, the last 12 years in various management positions. Van der Laan began her career in 1995 at DSM Specialty Intermediates.
Norway Trials New Age of E-navigation
The Norwegian Coastal Administration (NCA) initiated the first full-scale trial of e-navigation in Norwegian waters in conjunction with e-navigation technology and services company NAVTOR. The project focuses on the way NCA receives vessel data. Until now, ships had to contact the authority via maritime VHF radio to verbally communicate routing information before both departure and arrival. NCA could…
Brown of International Paint to Retire
Jim Brown, a ubiquitous figure in the global maritime coatings world for decades as the Market Development Manager of AkzoNobel’s Marine Coating’s brand, International, announced he is retiring effective the end of January 2016.
Maersk's Samba Service Switches Ports
Maersk Line, container shipping line, has switched the UK call of its Samba service from Tilbury to DP World London Gateway Port. The first call on the service will be made by the Maersk Lanco on Monday, March 21. The rotation of the service includes calls at Santos, Paranagua, Itajal, Buenos Aires, Montevideo, Rio Grande, Santos, Pecem, Algeciras, Rotterdam, DP World London Gateway Port, Bremerhaven, Antwerp, Algeciras and Santos.
Oil Rises Towards $31 on Hopes of Deal
Oil rose on Tuesday to above $31 a barrel on hopes that OPEC and non-OPEC producers were inching closer to a deal to reduce output in the face of one of the biggest supply gluts in decades.
San Jacinto Maritime Technology and Training Center Now Open
The San Jacinto College Maritime Technology and Training Center on the Maritime Campus is now open for maritime training along the Port of Houston. Located at 3700 Old State Highway 146 in La Porte, Texas, the 45,000-square-foot Maritime Technology and Training Center sits 14 feet above ground and is home to more than 40 maritime courses. The ground level of the Maritime Technology and Training Center showcases a training dock with lifeboats…
Jensen Maritime wins Design & Engineering Contract for U.S. Cruise Ships
Jensen Maritime was recently selected to provide detailed design and production engineering services for two, 100 passenger, U.S. flagged, coastal cruise ships for Lindblad Expeditions Holdings, Inc. The twin screw diesel ships, will be built at the Washington state shipyard of Nichols Brothers Boat Builders (NBBB) and have planned delivery dates of second quarter 2017 and 2018. Once complete, the $94.8 million duo will operate tours between Baja…