Italian Ship Rescues 26 Migrants off Libya
An Italian merchant ship rescued 26 migrants off the coast of Libya in rough seas and others were feared missing, the Coast Guard said on Saturday. The Coast Guard received a call from a satellite telephone on Friday but no voice was heard. It tracked the signal to a location about seven miles off the Libyan coast, a spokesman said. An Italian merchant vessel in the area was diverted and on Friday night rescued the 26 from a rubber boat that had taken on water.
Symphony Sun’ Launched in Leer
On Friday the 29th of April, Nb. 420 was launched in Leer. She was christened ‘Symphony Sun’ and is the fourth vessel in a series of 6 that will be delivered to Symphony Shipping. Symphony Sun is a vessel of our ‘Ecobox’ design, which is characterized by its flexibility of loading combined with very economical and ecological performance. – Main dimensions (Loa X B X T) 122.5 X 17.0 X 7.8 mtr. – 10500 DWT, 429.000 cft hold volume. – Iceclass 1A with 3000 kW main engine.
ACR to Debut Pathfinder PRO SART at OTC
An important addition to any commercial vessel’s survival gear kit, the Pathfinder PRO SART is introduced by ACR Electronics, Inc. at this year’s OTC. The new search and rescue transponder expands the broad range of commercial maritime survival products offered by ACR, global leader in safety and survival technology. The Pathfinder PRO is a fully-approved SART that complies with IMO SOLAS regulations and is suitable for all commercial vessels that are mandated to carry a SART…
Great Lakes Inks M.E., N.C. Coastal Protection Project Deals
Great Lakes Dredge & Dock Corporation (“Great Lakes”) (NASDAQ:GLDD), the largest provider of dredging services in the United States and a major provider of environmental and infrastructure services, announced today the signing of two subcontracts valued at approximately $55 million for work in the Middle East as well as the receipt of a $38 million award for a coastal protection project in North Carolina.
India's Highest non-coking coal discharge at Gangavaram Port
Gangavaram Port, the deepest and the most modern port in the country, has created yet another historical milestone record by discharging 1,56,339 metric tons of Non-Coking Coal from the vessel M.V. Cape Asia in 24 hours. This achievement stands out as the fastest discharge rate in the history of any port in India & possibly in the world. The vessel M.V. Cape Asia carrying 1,59,966 metric tons non-coking coal for Hindalco Industries called at Gangavaram Port on 27th April , 2016.
Holland America Line Kicks off Seattle's Record Cruise Season
The Port of Seattle begins the 2016 cruise season welcoming the first ship call, Holland America Cruise Line’s Nieuw Amsterdam. Larger vessels and more cruises will make this the biggest cruise season ever with nearly one million revenue passengers. Each homeported cruise vessel is estimated to bring in $2.6 million for the local economy. “Cruising to Alaska continues to be an economic driver for our region," said Port of Seattle Commissioner John Creighton.
Floating Products Storage in Focus
For much of 2015, talk of floating storage was dominated by speculation that the contango in crude futures might support crude floating storage, says Gibson Tanker Report. However, at the same time, much of the oil surplus was being absorbed by refiners chasing some of the best margins seen since the financial crisis, pushing much downstream into product stocks. It was therefore little surprise to see product stocks swell and floating products storage emerging in the latter stages of 2015…
Panama Canal Dismisses ITF Claims
The Panama Canal has dismisses claims by the International Transport Workers’ Federation (ITF) that questions industry standards and the operation of the Expanded Panama Canal’s new locks. Claims made by ITF that new locks built for the Panama Canal expansion will be unsafe in operation have been strongly rejected by the Panama Canal Authority (ACP) as lacking scientific accuracy and credibility. Following the publication of an ITF-commissioned study…
Shipping, Key Ingredient of EU’s Africa Agenda
The African economy has become one of the most promising global growth markets. Shipping is taking care of the largest part of international trade and in Africa this is even more the case due to less developed land infrastructure. European shipowners strongly believe that maritime services are enablers of trade and development, particularly in Sub-Saharan Africa. This is the core message European Community…
Ocean Economy Set to Double in Size by 2030
The world’s oceans must be managed well to ensure the potential of an “ocean economy” that was worth US $ 1.5 trillion in 2010. "Calculations based on the OECD’s Ocean Economy Database value the ocean economy’s output (measured in terms of the ocean-based industries’ contribution to economic output and employment) in 2010 at USD 1.5 trillion, or approximately 2.5% of world gross value added (GVA)," says a new Organisation for Economic Co-operation and Development (OECD) report.
Chevron Suffers Loss, Plans Job Cuts
Chevron Corp. reported a first-quarter loss as slumping oil prices continued to drag down revenue. The company said that it is "on target" to lay off a total of 8000 workers by the end of 2016, up from a previously stated goal. Chevron reported a net loss of $725 million, or 39 cents per share, compared with a net profit of $2.57 billion, or $1.37 per share, in the year-ago period. Revenue tumbled 31% to $23.55 billion.
Olympic Subsea Vessel Bags Contract
Olympic Shipping has secured a contract for Olympic Delta, an inspection, maintenance and repair (IMR) vessel, with an international client to work on a renewable energy project. The vessel, with the length of 92.55 meters, will be employed in the renewable energy sector. The value of the contract was not disclosed. Olympic Delta will start work in August for a fixed period of 120 days, plus a further 80 days or more if extension options are exercised.
Mercury Marine Expands Manufacturing Capacity
Mercury Marine is adding a 53,000 square foot manufacturing capacity expansion to its global headquarters in Fond du Lac, Wisc. The expansion will consist of 45,000 square feet of manufacturing capacity and an additional 8,000 square feet of office space. In addition, Mercury is investing in state-of-the-art manufacturing equipment to better streamline the manufacturing process and meet the growing demands in the marketplace. The new space will be completed in January, 2017.
Conquest Installs 850t Crane on Allseas Solitaire
Conquest Offshore was contracted by Allseas to remove a 300-ton crane and transport and install a 850-ton Huisman crane on board of one of the largest pipe-lay vessels in the world, Allseas Solitaire. The 397-meter vessel MV Solitaire is the largest ship ever to have passed IJmuiden’s massive sea lock after which the ship was berthed at Dutch Offshore Base in Amsterdam. The pipe-laying vessel is used for the construction of natural gas pipeline systems and oil pipelines.
Russia Diesel Exports from Primorsk to Rise in May
Russia is set to export 1.256 million tonnes of ultra-low sulphur diesel from the Baltic Sea port of Primorsk in May, slightly up from 1.209 million tonnes in April, trading sources said on Friday.
MARAD: $5 Mln Available for Marine Highway Projects
The Maritime Administration (MARAD) has announced the availability of $5 million in Federal funding to expand marine highway service by creating new or expanding…
Norovirus Outbreak on Fred. Olsen Cruise Ship
An outbreak of the norovirus stomach bug has sickened 160 people aboard a Fred. Olsen Cruise Lines ship docked at Norfolk, Virginia, U.S. health officials and the company said on Friday. The norovirus outbreak took place aboard the Britain-based line's Balmoral during a transatlantic cruise, the Centers for Disease Control and Prevention (CDC) said in a statement. The CDC said 153 passengers and six crew members had fallen ill from norovirus, whose symptoms include vomiting and diarrhea.
New Shipping Firm Sets up in Vancouver
A new shipping company has established itself in Vancouver as the Vancouver International Maritime Centre (VIMC) completes its Asia tour, launching in Tokyo, Singapore and Hong Kong.
Canadian Navy Frigate Refit Program Completed
Seaspan joined Harjit S. Sajjan, Canada’s Minister of National Defense, at an official ceremony today to celebrate the completion of the Halifax-Class Modernization/Frigate…
Drug Interception at Red Hook Container Terminal
Approximately 121 pounds of heroin and eight pounds of cocaine were discovered in a shipping container of vegetables that was moving from Ecuador to Miami, Fla. through the Red Hook Container Terminal in Brooklyn, N.Y. During a routine container inspection on January 7, U.S. Customs and Border Protection (CBP) K-9 officers discovered 257 boxes that contained a combined 970 packages that contained a light brown powdery substance. A field test of the substance proved positive for heroin.