Diana Shipping Charters out Coronis
Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Narina Maritime Ltd, fully guaranteed by Cerrahgil Denizcilik Nakliyat ve Tic. A.S., for one of its Panamax dry bulk vessels, the m/v Coronis. The gross charter rate is US$4…
Antwerp Port to boost Indonesia's Infrastructure
The Indonesian government has ambitious plans for major infrastructure projects in the near future in order to give a massive boost to the country’s economy, already the largest in South-East Asia. Its shopping list includes among other things the construction of dozens of ports to serve the country’s almost 14,000 islands. To achieve this the Indonesian government is looking abroad for international expertise from among others Antwerp, the second-largest port in Europe.
NOAA: Noise Affecting Marine Mammals
The National Oceanic and Atmospheric Administration (NOAA) seeks comments on proposed changes to its draft Guidance for Assessing the Effects of Anthropogenic Sound on Marine Mammal Hearing.
APM Terminals Pipavav Welcomes INDFEX Service
APM Terminals Pipavav (Gujarat Pipavav Port Ltd), one of western India’s gateway ports, today announced the commencement of the INDFEX service at Pipavav. The INDFEX ( India – Far East Express ) is run in consortium with Wanhai, K-Line, Shipping Corporation of India, Pacific International Lines ( PIL ) & Simatech, with Wan Hai deploying two vessels, and the others deploying one each. The service provides a weekly connection between the Far East and India. The first vessel m.v.
Asia-Europe Container Freight Rates Down 2.8 pct
Shipping spot freight rates for transporting containers from ports in Asia to Northern Europe fell 2.8 percent to $205 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters. It was the tenth consecutive week of falling freight rates on the world's busiest route and the average level this year is so far $435 per TEU, nearly half the average of the same period last year when it stood at $953 per TEU.
COSCO, Vale Ink 27-year Iron Ore Transport Pact
China COSCO Shipping Corporation and Vale have signed a 27-year-long agreement that will see the Chinese shipping giant carry 16 million tonnes of iron ore per year for the Brazilian miner. The agreement was signed between the two companies at a ceremony in Beijing on Friday, the Chinese company said in a statement. "The signing of the agreement marks the commencement of a new chapter of the cooperation between the two companies," it said.
U.S.: New Chinese Activity at South China Sea Shoal
The United States has seen Chinese activity around a reef China seized from the Philippines nearly four years ago that could be a precursor to more land reclamation in the disputed South China Sea…
Tandemloc Earns Quality Certificate
On February 29, 2016 Tandemloc was officially designated ISO 9001:2008 certified in the “Design, Development, Manufacture, Inspection, Testing and Distribution of Below-the-Hook Lifting and Rigging Devices; Tie Down Assemblies; ISO Shipping Container Connectors, ISO Shipping Container Construction Components, and ISO Shipping Container Mobilizing Equipment” (ISO 9001:2008 Certificate). Since safety and quality products have always been Tandemloc’s top priority…
St. Lawrence Seaway Opening Ceremony March 21st
Shipping Season to Open Two Weeks Earlier — And Ice Free. Terence Bowles, CEO of The St. Lawrence Seaway Management Corporation, will kick off the St. Lawrence Seaway’s…
Italy Rescues Hundreds of Migrants at Sea, Recovers Body
Italian ships picked up some 600 migrants and recovered one body on Friday, as European leaders met in Brussels to try to stem the flow of migrants to the continent.
Higher Capesize Rates Push up Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday, on improved rates for capesize vessels. The…
SHIPPINGInsight 2016 Dates Announced
The SHIPPINGInsight 2016 Fleet Optimization Conference & Exhibition will take place Oct. 18-19, 2016, at the Stanford Marriott Hotel & Spa in Stamford, Conn. “Now entering its fifth year, SHIPPINGInsight is the one event on the maritime calendar you can’t afford to miss,” said SHIPPINGInsight co-director Frank Soccoli. “It’s your opportunity to learn from experts and network with your peers. “The conference sessions will focus on four broad subjects: Regulatory Compliance…
SENER Exhibits FORAN V80 Version at ASNE Day
The SENER engineering and technology group was again a participant at the annual congress organized by the American Society of Naval Engineers, ASNE Day 2016. As in previous years, the meeting took place in Arlington, near Washington DC, on March 2 and 3. The event brings together a large number of military shipyards and related companies from across North America, as they gather to learn about the sector’s new developments in both the technical presentations and the exhibition area.
U.S. DOJ: Shipping Companies Fined $1.5M for Illegal Discharges
The German shipping companies Briese Schiffahrts GmbH & Co. KG and Briese Schiffahrts GmbH & Co. KG MS “Extum,” who owned and operated the cargo ship M/V BBC Magellan…
Kleven to Build Trawler for Spanish Shipowner
Kleven has signed a contract with Spanish ship-owner Pesquera Ancora S.L.U on the building of a 80 m long stern trawler. The vessel is of NVC 374 WP design from Rolls-Royce, and is scheduled to be delivered in February 2018. This will be the fourth vessel of the same Rolls-Royce design in Myklebust Verft’s order book; two vessels are ordered by DFFU in Germany, one by CDP Saint-Malo & Euronor in France, and this latest by Pesquera Ancora in Spain.
Turkish Authorities Intercept Hundreds of Migrants Trying to Cross Aegean
Turkish authorities intercepted hundreds of migrants trying to reach the Greek island of Lesbos on Friday, in a major operation involving coastguard ships and helicopters…
Shipbuilding: General Dynamics NASSCO Wins Navy Deal
General Dynamics NASSCO has been awarded a contract by the U.S. Navy to support amphibious warfare and surface combatant ships home-ported in the Port of San Diego.
Oil Spill Response: Responder Immunity Analyzed
On February 16, 2016, Judge Carl J. Barbier of the United States District Court for the Eastern District of Louisiana granted summary judgment in favor of the various…
Prices Ease Though Argentine Demand Limits Losses
Argentina tenders for 19 cargoes. Asian spot prices for liquefied natural gas (LNG) eased under pressure from growing supplies though fresh demand from Argentina limited losses, traders said.
Turkey Detains 1,734 migrants, 16 Smugglers
A total of 1,734 migrants and 16 people smugglers were detained by Turkish coastguard and gendarmerie in an operation on Friday, security forces said in a statement…