XL Catlin Unveils Cargo Insurance Policy
XL Catlin’s Americas Marine business has introduced its first new marine product, an insurance policy to offer cargo insurance coverage on a domestic, foreign or worldwide basis. According to Anne Marie Elder, Chief Underwriting Officer of XL Catlin’s Americas Marine business, “To move assets, goods and products from point A to point B, businesses are contending with complex logistics, compliance issues and increasing threats of theft – to name a few. “Cargo risks are complex enough.
RV Neil Armstrong Arrives in Woods Hole
The research vessel Neil Armstrong arrived to its home port at the Woods Hole Oceanographic Institution (WHOI) dock for the first time Wednesday, escorted by the WHOI coastal research vessel R/V Tioga, two Coast Guard vessels and fireboats from neighboring towns. “What a wonderful day for Woods Hole, for the Commonwealth of Massachusetts, for Woods Hole Oceanographic Institution, and the entire ocean science community,” enthused WHOI President and Director Mark Abbott.
Stakeholders Voice Opposition to Proposed Waterway Tolls
A group of 75 companies and organizations have collectively voiced opposition to a Public Private Partnership (P3) project that would seek to toll the Illinois Waterway and that could make its way into the Water Resources and Development Act (WRDA) of 2016. The group consisting of a variety of stakeholders across the logistics chain and led by the Waterways Council, Inc. “We are not opposed to appropriate…
Canada Commits $51.9 Mln to Ferry Services
The Canadian Government has committed $51.9 million to support Atlantic Canada ferry services, announced Canada’s Transport Minister Marc Garneau. The funding, announced as part of Budget 2016, will support operations, maintain and repair ferry assets and dispose of the MV Princess of Acadia, which was taken out of service in July 2015 and replaced by the MV Fundy Rose. The funding has enabled the one year extension of contracts for interprovincial ferry services in Atlantic Canada…
US Military Christens Self-piloting Ship
The U.S. military on Thursday christened an experimental self-driving warship designed to hunt for enemy submarines, a major advance in robotic warfare at the core of America's strategy to counter Chinese and Russian naval investments. The 132-foot-long (40-metre-long) unarmed prototype, dubbed Sea Hunter, is the naval equivalent of Google's self-driving car, designed to cruise on the ocean's surface for two or three months at a time - without a crew or anyone controlling it remotely.
Hospital Ships’ Equipment List Standardized
For providers deployed aboard a hospital ships, making sure all the right equipment is on board is vital. The Naval Health Research Center (NHRC) completed a year-long project to optimize and standardize combat support Authorized Medical Allowance Lists, April 5. "The goal of this project was to develop standard AMALs for both hospital ships [USS Mercy and USS Comfort]" said Capt. Rita Simmons, NHRC's commanding officer.
Port of Long Beach Studies Land Use Options
The Port of Long Beach said it is conducting a comprehensive Land Use Study to eventually create well-informed land use strategies. Work on the Land Use Study began in 2015 and is expected to continue through 2016. Focusing efforts and resources on creating a process to evaluate future land use options will allow the Port to proactively address major challenges and balance its role as a facilitator of international trade…
Caterpillar Honors Napier for ‘Supplier Excellence’
Napier Turbochargers has been awarded Caterpillar’s Supplier Quality Excellence Process (SQEP) Certification. Caterpillar’s SQEP program is designed to place emphasis on supplier performance excellence: to earn SQEP, suppliers must provide superior performance in several categories including product quality, delivery, customer service, process control and continuous improvement. This certification…
Training toward Greater Maritime Security
Extensive maritime security training involving countries operating under the Djibouti Code of Conduct (DCoC) has taking place from March 20-April 7 in Jeddah, Saudi Arabia. Maritime law enforcement officials from 17 DCoC signatory States (the Comoros, Djibouti, Egypt, Ethiopia, Jordan, Kenya, Madagascar, Maldives, Mauritius, Mozambique, Oman, Saudi Arabia, Seychelles, Somalia, South Africa, the Sudan…
Nauta Bags Two Fishing Vessel Orders
Nauta Shiprepair Yard in Poland has signed two contracts in recent days for building partially outfitted fishing trawlers for its Danish client Karstensens Skibsvaerft AS. Within the first order Nauta will produce a partly outfitted vessel with length 69.9 meters and beam 14.2 meters. The B – 436 unit will be ready to hand over in March m2017. This vessel will be similar to the other seiners – Kvannoy and Beinur – which Nauta has built for Karstensens Skibsvaerft AS.
Baltic Index Rises as Capesizes Continue to Support
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday, on surging capesize demand and improved activity across vessel segments.
KOTUG, Boskalis Begin Harbor Towage Joint Venture
KOTUG International B.V. and Royal Boskalis Westminster N.V. have formalized a joint venture for the companies’ European harbor towage operations. The joint operations are transferred to a 50/50 joint venture, combining the European harbor towage activities of KOTUG and Boskalis’ subsidiary SMIT. The merged operations will operate under the entity KOTUG SMIT Towage, with operational integration beginning April 7, 2016.
Cape Henry Associates Awarded US Navy Training Contract
The U.S. Navy has awarded Cape Henry Associates, along with five other companies, a curriculum analysis and planning services task order contract worth a projected…
Chronopost Inks $2.8 Mln Deal with Reftrade
Reftrade has secured a $2.8 million contract with international shipping and delivery company Chronopost International, to install refrigerated cold rooms on multiple platforms and distribution hubs throughout France. Reftrade’s French division, market leaders in lease of refrigerated containers and temperature controlled units, secured the 60 month contract in Q1 of 2015 on the back of Chronopost launching its Chronofresh line.
This Day In Naval History: April 7
1776 - The Continental brig Lexington, commanded by John Barry, captures the British tender Edward near the Virginia Capes after a fierce fight that takes nearly an hour. 1944 - USS Saufley (DD 465) sinks the Japanese submarine I 2, west-northwest of New Hanover, while USS Champlin (DD 601) is damaged after intentionally ramming German submarine U-856 380 miles off Nova Scotia, Canada. Champlin then teams with USS Huse (DE 145) to sink U-856.
Demand Boosts Container Market Outlook -MSI
The latest Container Shipping Forecaster from MSI suggests a more positive market outlook for the container shipping sector in 2016 than the analysis of most of its peers. Though its supply-side predictions are broadly aligned with those of Drewry and Alphaliner, MSI makes a more optimistic forecast on the demand side – indeed its trade growth estimates for 2016 are more than double those of the others.
Response to Barge Breakaway on the Mississippi Ongoing
The U.S. Coast Guard siad it is continuing its response to an allision resulting in a barge breakaway on the Mississippi River near Thebes, Ill., Wednesday. An Incident…
Jotun’s HPS Delivers Fuel, Emission Savings
Jotun has analyzed the first ever five year dry-docking of a vessel treated with its Hull Performance Solutions (HPS) system. The data revealed that Gearbulk’s Penguin Arrow, coated with Jotun’s SeaQuantum X200 in September 2010, recorded a staggering estimated fuel saving and CO2 emission reduction of $1.5 million and 12,055 metric tons respectively, across the 60-month period. Jotun’s proprietary HPS offer combines the application of an advanced antifouling coating…
Hundreds of Migrants Arrive in Italy from Egypt
Italy's coast guard said on Thursday it had rescued more than 300 migrants from a packed boat in which they had travelled hundreds of kilometres (miles) from Egypt to the Strait of Sicily.
OSC’s New Feeder Service Links Oman to UAE
Oman Shipping Company (OSC) is launching a new freight service linking all Omani ports to the United Arab Emirates by mid-April, 2016, in a move that aims to boost trade links. OSC’s new fortnightly Oman Express Service will be the first freight feeder operator to connect all Omani ports. It will be run by OSC subsidiary Oman Container Lines (OCL). OSC chief executive Tarik Mohamed Al Junaidi said…