World Court to Draw up Nicaragua-Colombia Maritime Boundary
The International Court of Justice on Thursday said it would consider a claim by Nicaragua to expand its maritime boundaries in a mineral-rich part of the Caribbean Sea toward Colombia…
Flood Risk to Persist in Mississippi River Basin
Heavy winter rains have left the Missouri and Mississippi River basins, from Iowa to Louisiana, at an elevated risk of moderate flooding through June, U.S. government forecasters said on Thursday. The risk extends to eastern Texas and the southeastern Coastal Plain, the National Oceanic and Atmospheric Administration (NOAA) said in issuing its spring outlook. Early spring storms fueled by El Nino have already drenched areas of Louisiana…
Transocean Defeats Shareholder Appeal over Gulf Spill
Transocean Ltd on Thursday won the dismissal of an appeal by shareholders accusing the owner of the doomed Deepwater Horizon drilling rig of deceiving them about…
Panama Canal Workers Receiving Lock Ops Training
The Panama Canal Authority (ACP) announced that it is training over one thousand workers on the operations of the new locks of the Panama Canal Expansion. Once these first training phase is completed, the courses will be standardized and offered to additional members of the workforce. The training of Panama Canal workforce is a requirement under the new locks’ contract. The different project’s subcontractors, responsible for the electromechanical equipment, will offer the courses.
Argentina Awards 15-Cargo LNG Tender
Argentina has awarded a tender to buy 15 liquefied natural gas (LNG) cargoes for delivery April through May, picking suppliers which include Trafigura, Statoil, BP and Gazprom…
Port of Long Beach to See 5% Cargo Growth in 2016
The Port of Long Beach, the second largest port in the United States, will see 5 percent growth in cargo volume this year as a weak U.S. dollar spurs consumer demand…
World Court Allows Nicaragua-Colombia Maritime Mineral Rights Case
The International Court of Justice ruled on Thursday that it had jurisdiction over a maritime dispute between Colombia and Nicaragua concerning the legal boundaries…
DNV GL’s Debuts New Survey Reporting System
Classification society DNV GL introduced a new form of reporting that it claims revolutionizes survey reporting for fleet managers. The newly structured report defines safety barriers and trends, using DNV GL's experience with barrier management in the offshore oil and gas industry. In collaboration with a major cruise line, DNV GL implemented the new barrier management reporting program. Survey data from 23 cruise ships was included in the pilot program.
Oil Price Rise: Perhaps Wrong, Not Irrational
The oil futures curve is flattening as a wave of bullishness washing across the market raises the price of near-dated contracts faster than that of contracts for deferred delivery.
Green Shipping: Wessels Reederei Takes the Lead
International trade relies on transportation by sea, as about 85 percent of the freight volumes are shipped globally by vessels. But while maritime is widely regarded as the most environmentally benign of any transport system, maritime transport can cause a diverse environmental burden: It includes, beside the potential for damages and leaks, the inflow of waste water and, in particular, the emissions of air pollutants.
Iran Shipping Lines resumes N Europe Service
With the call by the AZARGOUN in Hamburg on 17 March 2016, IRISL – Islamic Republic of Iran Shipping Lines – is reopening its regular liner service “European Container…
USCG-approved Tests of Alfa Laval PureBallast on Track
Following the United States Coast Guard (USCG) decision not to accept the most probable number (MPN) method in assessing ballast water treatment systems, tests of Alfa Laval PureBallast are underway using the USCGA-approved 5 chloromethylfluorescein diacetate (CMFDA) staining method. With completion expected during Q2 of 2016, the tests will enable a new USCG type approval application after receiving the results.
U.S. Petro Exports Continue to Grow
Total U.S. petroleum product exports continued to increase in 2015, up 467,000 barrels per day (b/d) from 2014 to 4.3 million b/d, driven by increased exports of distillate fuel…
Alaska Oil Spill Protection: Crowley Bid for Alyeska Deal Unsuccessful
Press Release: Crowley Marine Services will not be providing oil spill prevention and response services in Valdez and Prince William Sound when its contract expires June 30, 2018. Crowley has provided marine services in Prince William Sound since 1990. Despite bidding aggressively for the SERVS contract extension, Crowley was not chosen by Alyeska to retain the entire scope of the current contract.
Two Maritime Veterans Create Avalon Freight Services
Avalon Freight Services co-founded by Greg and Tim Bombard and Harley Franco, will debut freight service on Friday, April 1, 2016. Currently scheduled to operate a minimum of five days a week, year round, the company will transport freight from Berth 95 in San Pedro and the Pebbly Beach freight facility in Avalon. In addition to scouring the country seeking the best Landing Craft and Tug and Barge systems…
Grandweld Shipbuilding Grows in Middle East
United Arab Emirates shipyard Grandweld has secured its position as the number one regional shipyard for the offshore segment, completing construction of a total of 17 vessels over the space of the last year. Latest projects include advanced crew boats, dive maintenance and support vessels, and work crane boats for a who’s who of Middle East energy firms and offshore contractors. Grandweld, which has been operating from its Dubai base since 1984…
18 New Ferries Needed for New NYC Ferry Service
New York City Mayor Bill de Blasio announced that the Citywide Ferry Service is on track to launch in 2017, with the selection of Hornblower, Inc. as its operator. The new service, which will include up to 20 boats and connect 21 New York City eighborhoods for the price of a single subway ride ($2.75) is scheduled to be fully operational by 2018, and is estimated to carry 4.6 million trips per year across six routes.
Modulift Below-the-Hook Equipment for Bern Bridge Project
Two 70t Modulift spreader beams were integral to the reinstallation of a bridge, lowered back into position by two mobile cranes lifting in tandem. Swiss crane rental company Senn AG used two Liebherrs, each rigged with below-the-hook equipment, to return the refurbished bridge across the Aare river in Bern, Switzerland’s capital. Oftringen, Switzerland-based Senn is a multifaceted business, which is also a specialist in the provision of steel construction and infrastructure projects.
Finland Sells Stake in Patria to Kongsberg
The Finnish government said on Thursday it would sell 49.9 percent of the shares in defence group Patria to Norway's state-controlled Kongsberg Gruppen for 272 million euros ($308 million).
Baltic Index Down on for Panamax Vessels
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday, hurt by weaker rates for panamax vessels.