Canada's Ferry Sector Welcomes 2016 Budget
With the release of today’s federal budget, Canada’s ferry sector is praising the actions taken by the government to improve fleet renewal across Canada. This includes waiving the tariff on the importation of vessels of all sizes and making strategic investments in locations throughout the country. “Today’s budget will have a real impact on passengers throughout the country,” said Serge Buy, CEO of the Canadian Ferry Operators Association (CFOA).
Fincantieri Delivers Viking Sea in Ancona
Viking Sea, the second of six cruise ships Viking Ocean Cruises has ordered from shipbuilder Fincantieri, has been delivered today at the shipyard in Ancona. Viking Sea, as its sister ships, is placed in the small cruise ship segment. In fact, with a gross tonnage of about 47,800 tons, it has 465 cabins with accommodation for 930 passengers, with a total capacity of over 1,400 people, including the crew.
Shipping Confidence is Low -Moore Stephens
Overall confidence levels in the shipping industry fell to a record low in the three months to February 2016, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. The average confidence level expressed by respondents in the markets in which they operate was 5.0 on a scale of 1 (low) to 10 (high). This compares to the 5.6 recorded in November 2015…
Minerva Marine Turns to BMT for Monitoring
BMT SMART (BMT), the specialist fleet and vessel performance management company of BMT Group, has announced the successful installation of its vessel performance monitoring system on board two of Minerva Marine’s chemical tankers, MINERVA LEO and MINERVA TYCHI. For the most accurate Performance Management, the BMT SMART system combines data collected automatically on-board, from the navigation and automation systems, with data only available on shore, such as accurate Hindcast Metocean data.
Sea IT Inks ICT Deal with Veritas Tankers
Sea IT has signed a long-term ICT agreement with Veritas Tankers including installation of the BlueCLOUD Office platform at Veritas Tankers’ headquarters. BlueCLOUD…
Baltic Sea Freight Index Up on Higher Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday, helped by higher rates for bigger vessels.
GE Propels the US Navy with Increased Resilience
Approximately 80,000 tons (fully loaded) and 784 feet in length, with a beam of 164 feet—more than a third wider than most ships—Expeditionary Base Mobile (ESB)…
Panama Canal Expansion Inauguration Set for June
The Panama Canal Authority (ACP) has announced that the Panama Canal Expansion will be officially inaugurated on Sunday, June 26, 2016. The announcement was made this morning during the inauguration ceremony of the Canal’s state-of-the-art Scale Model Maneuvering Training Facility, which will provide additional hands-on experience to pilots and tugboat captains to operate in the Expanded Panama Canal.
Selektope Shortlisted for Marine Engineering Award
Gothenburg-based I-Tech’s Selektope antifouling system has been shortlisted in the Environmental Performance category by the judging panel for the European Marine Engineering Awards.
USCG Sees Rise of Electrical Deficiencies on Commercial Vessels
Due to an increase in reported electrical deficiencies on commercial vessels, the Coast Guard is warning commercial vessel owners to inspect their vessels' wiring before getting underway in the spring. Coast Guard marine inspectors have discovered that a number of vessels have significant electrical deficiencies that can pose safety hazards and cause marine-engine causalities, and inspectors will spend additional time during inspections examining electrical systems as a result.
Repair Job Completed at Durban Dry Dock
The 35-meter-long, 900-ton outer caisson at the Port of Durban’s Prince Edward Graving Dock has now been commissioned after being refurbished at a cost of R30 million. This was the third and final phase of Transnet National Ports Authority’s (TNPA) comprehensive repair program on the structure which was deemed unsafe and in need of repair. Work involved structural repairs to the first of two steel…
Trafigura Clinches $5.1 Bln Loan as Trading Grows
Swiss commodities trader Trafigura has signed a $5.1 billion European revolving credit facility aimed at financing its growing operations. Trafigura, which reported…
GMS Launches Korean Operation
GMS, a cash buyer of ships and offshore structures, has launched a new operation in Korea. The office will be headed by Gyungbae Gil, a trader who was based in Dubai.
US Helps Micronesia Boost Port Security
A U.S. Coast Guard International Port Security team in cooperation with officials from the Federated States of Micronesia’s Department of Transportation, Communication and Infrastructure completed three days of port facility security seminars in March. The engagement involved sharing best practices for conducting drills and exercises and to observe the implementation of the International Ship and Port Facility Security Code at Kosrae Okat Commercial Dock port facility in the Port of Kosrae.
This Day In Naval History: March 24
1898 - The battleship USS Kentucky (BB 6) is launched in Newport News, Va. 1903 - Adm. George Dewey is commissioned Admiral of the Navy, the only person to hold this rank. Upon his death Jan. 16, 1917, Congress deactivates the rank. 1919 - The battleship USS Idaho (BB 42) is commissioned. Idaho serves with the Pacific fleet, participating in gunfire support of the Aleutian, Marianas, Iwo Jima, and Okinawa Campaigns, and is in Tokyo Bay Sept. 2, 1945 when Japan formally surrenders.
EPA Proposes Ban on Sewage Dumping in St. Lawrence River
The U.S. Environmental Protection Agency (EPA) has determined that a “no discharge zone” can be established for the New York State portion of the St. Lawrence River.
US Drillers Cut Rigs for 14th Week in a Row
U.S. energy firms this week cut oil and natural gas rigs for a 14th week in a row to the lowest level since at least 1940, data showed on Thursday, as energy firms…
BOEM Approves Virginia’s Offshore Wind Research
The Bureau of Ocean Energy Management (BOEM) announced its approval of the first wind energy Research Activities Plan (RAP) for a facility to be located in U.S.
Crowley Awards Scholarships to Four SUNY Maritime Cadets
Crowley Maritime Corporation’s 2016 Thomas B. Crowley Sr. Memorial Scholarships have helped to further educational opportunities for four students of State University of New York (SUNY) Maritime College. The recipients, who will each sail with Crowley this summer, were chosen based on their demonstrated leadership skills, financial need and plans to pursue a career in the towing or petroleum shipping industries after graduation.
US, Canadian Coast Guards Leaders Discuss Partnership
Rear Adm. June E. Ryan, commander of the U.S. Coast Guard Ninth District, was welcomed aboard the Canadian Coast Guard Ship Samuel Risley by Assistant Commissioner Julie Gascon and Captain Signe Gotfredsen of the Canadian Coast Guard, Central and Arctic Region Monday. After a relatively mild winter on the Great Lakes escorting ships through ice and preventing ice jams, the Samuel Risley was upbound through the Soo Locks and the St.