Braemar New System Cuts DP Trials Cost
Braemar Engineering has introduced a unique new initiative which can save on average 25-35% of the costs of carrying out annual dynamic positioning (DP) trials. The system offers savings that hard pressed vessel owners and operators in the offshore sector can utilise to increase their competitive advantage while ensuring that the highest quality standards are maintained. “Traditionally these trials are carried out using paper based systems which are time consuming to prepare and complete…
Terex STS Cranes for Tanzanian HPH Terminal
Terex Port Solutions (TPS) has received an order to supply two Terex ship-to-shore cranes (STS) to Tanzania International Container Terminal Services (TICTS), a member of Hutchison Port Holdings Limited (HPH), a leading port investor, developer and operator. The double-box boom structure STS will be manufactured at TPS’ site in Xiamen, PR China, and the machines are due to be commissioned by the end of 2016.
NYK Completes Winter Safety Campaign
The NYK Group has completed its Sail On Safety winter safety campaign, which ran from December 1, 2015, through January 31, 2016. Under the theme "Think, Act, and Be Safe," the campaign has been conducted annually by the entire NYK Group to prevent accidents that can be more frequent in turbulent seas during the winter season. In this year’s campaign, 410 NYK Group executives and employees visited 242 vessels to exchange broad opinions with onboard crews about the prevention of accidents…
APM Terminals Vado Orders 19 Straddle Carriers
APM Terminals has signed a contract for the delivery of 19 advanced container handlers which will employ advanced diesel/electric power sourcing to increase fuel efficiency and reduce emissions for Italy’s newest container terminal. Vado, Italy – APM Terminals has concluded a contract with Finnish-based container handling equipment manufacturer Kalmar for the delivery of 19 Hybrid Straddle Carriers for the new 800…
RUSCON Box Traffic Up Despite Russian Slump
RUSCON has shown strong growth in 2015 despite a significant fall in Russia’s overall container traffic. The company reported a 32% increase in export traffic, compared with the Russian total of a mere 1.6% rise in exported containers. Total Russian imports fell by 31% to fewer than 1 million containers. RUSCON import traffic fell just 4.5%. The operation at the Black Sea port of Novorossiysk continues to show RUSCON’s biggest growth…
Technip Certified Global Top Employer
Technip has been certified as a Top Employer Global 2016 for the second year in a row. The Global certification is a recognition launched last year for the first time by the Top Employers Institute. Out of the eight global organizations rewarded this year, Technip remains the only company of the energy sector. This independent certification underlines the quality and consistency of Technip’s human resources (HR) practices and policies around the globe.
Vard Slips into the Red
Singapore, 29 February 2016 – Vard Holdings Limited (“VARD”, and together with its subsidiaries, the “Group”), one of the major global designers and shipbuilders of offshore and specialised vessels, today announced its financial results for the fourth quarter ended 31 December 2015 (“4Q2015”), and full year ended 31 December 2015 (“FY2015”). With its core market for offshore oil and gas related vessels showing continued signs of weakness in the short term…
MCI Registers 11% Fleet Growth
Maritime Cook Islands (“MCI”), the leading ship registry, registered an 11% growth in the fleet last year with 201 new vessels, up from 184 in 2014. The fleet grew from 473 vessels in 2014 to 525 vessels at the end of December. In tonnage added terms in 2015, this is equal to 318,245 gross tons or a 21% increase. Our latest figures show that 149 Vessels were de-registered in 2015 and these were mainly…
Consolidations to Reshape Ship Alliances
Several of the world’s top container lines are entering in different vessel-sharing alliances following the current wave of mergers and acquisitions among carriers, reports China Daily. There has been reports that had shocked the containership transport industry - the possible mega-alliance between French liner CMA CGM and China Cosco Shipping (COSCOCS), the recently merged China’s biggest shipping line.
US-ASEAN Connect Initiative, Thanks to South China Sea
The United States and the Association of Southeast Asian Nations (Asean) are taking their relationship to a new level, thanks to heated tensions in the South China Sea. China, a key ally of North Korea, has said its committed to denuclearizing the Northth Korea, but has not been to agree with the US or the United Nations on how to achieve that goal. Asean leaders have reiterated their stand on wanting a peaceful resolution to the overlapping territorial claims in the South China Sea…
Pioneer Marine Posts Loss, Takes New Delivery
Singapore-based dry bulk operator Pioneer Marine posted a loss of $80.6m for the fourth quarter, and a yearly loss of $96.9m for 2015. Excluding the effect of the impairment loss, net loss as adjusted would have been $22.5 million for the year ended December 31, 2015 or $0.87 adjusted loss per share basic and diluted and $6.2 million for the fourth quarter of 2015 or $0.21 adjusted loss per share basic and diluted.
Euroseas Vessel Rescues 105 Migrants
Euroseas Ltd. announced today that on February 18, 2016, the crew of its container carrier, Vento di Grecale, rescued 105 Somalian, Sudanese and Egyptian migrants/refugees, including three pregnant women and a number of children from an endangered wooden boat that sank in choppy waters a few minutes after rescue. The M/V Vento di Grecale received a distress call from Malta's Marine Response Coordination Center ("MRCC Malta"), while sailing South West of Crete en route to Salerno, Italy.
NNSY Completes USS Maryland's Overhaul
Norfolk Naval Shipyard successfully completed USS Maryland's (SSBN 738) engineered refueling overhaul (ERO) on Feb. 24. EROs are complex, major shipyard availabilities that extend a submarine's service life. In addition to being refueled, nearly all of the ship's systems were overhauled or modernized. Modernization work included replacement of distilling plants with a reverse osmosis unit, installation of an upgraded 500 kilowatt motor generator, electric power plant work, and LAN upgrades.
Distressed Surfers Rescued Off Trinidad
A Coast Guard aircrew rescued two distressed surfers near Trinidad Saturday afternoon. At approximately 4:30 p.m., watchstanders at Coast Guard Sector Humboldt Bay received a call from a person ashore stating his friends needed assistance and were stranded on Camel Rock. A Coast Guard MH-65 helicopter aircrew was launched from Sector Humboldt Bay and within minutes were on scene at Camel Rock, approximately one-quarter mile offshore. They discovered two distressed surfers needing assistance.
Egypt Migrant Departures Stir New Concern in Europe
The European Union fears Mediterranean migrant smuggling gangs are reviving a route from Egypt, officials told Reuters, putting thousands of people to sea in recents months as they face problems in Libya and Turkey. "It's an increasing issue," an EU official said of increased activity after a quiet year among smugglers around Alexandria that has raised particular concerns in Europe about Islamist militants from Sinai using the route to reach Greece or Italy.
Simatech Begins Coastal Shipping Service in India
Sima Marine, a subsidiary of Dubai-based Simatech Shipping, one of the largest container feeder servicing companies in the world operating 54 ships, has launched coastal container shipping services in India. The coastal container shipping service will operate from Kochi connecting Mangalore in Karnataka, Goa and Mundra in Gujarat. Simatech Shipping is one of the largest container feeder servicing companies in the world operating 54 ships with partners, including 15 of its own.
Iran, Switzerland Sign Mou On Shipping
The Islamic Republic of Iran and Switzerland signed on Sunday a memorandum of understanding (MoU) on expansion of shipping and sea transport cooperation, Irna reported. Iran’s Ministry of Roads and Urban Development in a statement said an agreement had been signed with the MSC by means of which the global shipping giant will increase calls to Iran’s Bandar Abbas, Chabahar and Bandar Imam ports. The…
Chennai port, Belgium sign MoU
The Chennai Port Trust has signed a fresh memorandum of understanding with the Port of Zeebrugge (Belgium), reports the Hindu. "Belgium is working towards getting an agreement between the ports of Zeebrugge in Belgium and the port of Chennai as part of its efforts to take part in the development of Indian ports," Joren Vandeweyer, spokesperson for the Belgian secretary of state for Foreign Trade, Pieter De Crem said. “Zeebrugge had an agreement with the Chennai port earlier.
Abandoned Cruise Ship Sinks off Thailand
Chinese cruise ship "Ocean Dream" , anchored off Laem Chanang port in Sri Racha for over a year, sank into the sea today, raising fear by Thai environmental authorities that it could cause pollution in the sea. Ocean Dream capsized on Saturday while anchored around 2 miles off Laem Chabang port located in Sri Racha on Thailand’s east coast. Local news reports the vessel had been abandoned by the owners for over a year.
Anthem of the Seas Forced to Turn Around Again
Anthem of the Seas is forced to run around again after suffering a norovirus outbreak just weeks after being battered by 30-foot waves. Royal Caribbean's newest cruise ship, Anthem of the Seas, is cutting another trip short and heading back to Bayonne early, according to reports. Royal Caribbean tweeted that the ship is turning around to, "provide guests with a comfortable journey back home." The reason given for the return is a norovirus outbreak and possible severe storm…