Pertamina Plans to Develop South China Sea Border Areas
Energy company Pertamina plans to explore for oil and gas in areas close to Indonesia's maritime border in the South China Sea to assert the country's territorial rights…
Northwest Seaport Alliance Plans $141 Mln Terminal Upgrade
The Northwest Seaport Alliance, a marine cargo operating partnership of the ports of Seattle and Tacoma, announced that its managing members have approved $141 million worth of construction and cranes to dock two of the largest containerships simultaneously at Husky Terminal in the South Harbor. The actions also included a 20-year lease extension, allowing Husky Terminal and Stevedoring to operate the terminal until 2046.
Oceana Yard’s First Newbuild Delivered
The new Oceana shipyard in Itajai, Brazil has delivered its first newbuild, a platform supply vessel of the PX105 design from Ulstein Group. The vessel was delivered to shipowner Oceana Offshore on March 30, 2016, and on April 1, the vessel started on a six-year chart for Petrobras. A sister vessel is also under construction at the yard, and is scheduled for completion within the end of Q2 this year.
Crowley Combining Puerto Rico Facilities
Further reinforcing its commitment to the Puerto Rico market, Crowley Maritime Corp. is enhancing its total suite of shipping and logistics solutions for consumers and businesses with the consolidation of its Caribbean logistics services into a single new facility in Guaynabo, Puerto Rico. “By consolidating our non-vessel-operator-common-carrier (NVOCC) and less-than-container load (LCL) operations into a single logistics services center…
Wassmer Named CEO at Kelvion
Robert Wassmer will join Kelvion, a globally active manufacturer of industrial heat exchangers, as Chief Executive Officer (CEO) and Managing Director of Kelvion Holding GmbH effective as of July 1, 2016, the company’s shareholder committee announced. Wassmer is an experienced CEO with national and international experience. He has previously served as chairman of the executive board at Knorr-Bremse Schienenfahrzeuge GmbH, the European Rail Equipment Subgroup of Knorr-Bremse.
India, US to Soon Reach Shipping Information Deal
India and the United States will "soon" conclude a commercial shipping information exchange agreement, U.S. Defense Secretary Ashton Carter said on Tuesday in New…
Norwegian Archipelago Orders ProZero Workboat
Norwegian Archipelago Services has bought a second ProZero workboat. The vessel was sold by Tuco Marine in Denmark in close cooperation with Tuco’s Norwegian partner Provide Maritime A/S and was commissioned by Holmestrand Municipality for the Archipelago service. The vessel, a ProZero 10.5 DC Archipelago, is from Tuco´s ProZero Vessel series. And is following a previous sale of another 10.5m ProZero Archipelago Workboat to the Norwegian service provider.
SharpEye Radar for Qatari Coastguard Patrol Boats
Kelvin Hughes is to supply its SharpEye S-band radar together with its new 12kW radar for 17 patrol boats currently being built at ARES Shipyard, Turkey for Qatar’s Coast and Borders Security Department. All the electronic equipment for the vessels - which include 24m, 34.5m and 48m versions of the ARES Shipyard Hercules series - will be supplied by Elektro Deniz of Turkey which has contracted Kelvin Hughes to provide the radar systems.
CargoSmart Offers Free SOLAS VGM Solutions
CargoSmart Limited, a global shipment management software solutions provider that leverages big data for greater visibility and benchmarking, announced that it offers…
Oil Glut Leaves Supertankers in a Huge Jam
It may be the world's biggest traffic jam. As ports struggle to cope with a global oil glut, huge queues of supertankers have formed in some of the world's busiest sea lanes…
Baltic Index up on Improved Vessel Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged higher on Tuesday on steady demand across vessel segments.
Damen Ships Modular Dredger to the Andes
Reservoirs are notoriously tricky to maintain: from the surrounding area plenty of sand and silt is brought in by the river and the material deposits at the dam. As reservoirs are usually rather deep, dredging can be quite a challenge. For the Tablachaca dam in Peru another challenge was added; the location high up in the Andes required a modular dredger due to transport restrictions. The DOP Dredger proved to be the perfect solution, according to its builder.
This Day In Naval History: April 12
1861 - The Civil War begins with Confederates firing on Fort Sumter, S.C. The Union Navy plays an integral part blockading Confederates, keeping them diplomatically and economically contained from other nations. 1911 - Lt. Theodore Ellyson completes his aviator training at the Glenn Curtiss Aviation Camp at North Island, San Diego, Calif., and becomes Naval Aviator No. 1944 - USS Halibut (SS 232) sinks…
Some 18-20 Oil, Gas Fields off Norway in Danger of Shutting Output Early
Some 18-20 oil and gas fields off Norway are in danger of shutting output earlier than planned due to low oil prices, but the impact on the overall output outlook would be limited…
KB Fin Buys Hyundai Securities Stake for $1.1 Bln
South Korean banking group KB Financial Group Inc is acquiring a controlling stake in brokerage Hyundai Securities Co Ltd for 1.25 trillion won ($1.09 billion) in a high-priced bet on diversification. About two-thirds of KB Financial's 2015 net profit came from its banking unit, Kookmin Bank, and the acquisition of South Korea's sixth-largest securities brokerage by equity capital is aimed at bringing that ratio closer to a stated goal of increasing non-bank contribution to 40 percent.
Ports America Ups West Coast Investment
Ports America is continuing its business growth strategy to increase its West Coast presence through additional investments, services and expansion of its terminal capacity.
Fisherman Rescued from Capsizing Vessel [Video]
A U.S. Coast Guard aircrew from Air Facility Newport rescued a man from a capsized boat about a mile west of Devil’s Punchbowl State Park, Monday morning. The aircrew safely hoisted the man aboard the MH-65 Dolphin helicopter and transported him to the Air Facility in good condition. A video is available here. “He was wearing his lifejacket when the boat capsized and that allowed him to stay above the surface and then climb onto the boat,” said Lt. j.g. Dustin Brecher, Dolphin helicopter pilot.
EU Sets Standards for Sustainable Ship Recycling
Today, the European Commission (EC) publishes technical guidance for ship recycling facilities that want to be approved under the EU Ship Recycling Regulation. The European Union (EU) mirrors with this step the call by environmental and human rights NGOs for a relocation of ship recycling to platforms that can ensure sustainable practices. Facilities that intend to be listed as EU-approved will need to ensure safe working conditions…
First Shippers Sign on Rolls-Royce Autonomous Ship Project
The Advanced Autonomous Waterborne Applications Initiative (AAWA) project, led by Rolls-Royce, introduced the project’s first commercial ship operators: ferry operator Finferries and dry bulk cargo carriers ESL Shipping Oy. The announcement came at a conference presenting the findings of the initiative’s first year of research at Helsinki’s Finlandia Hall last week. The AAWA project brings together universities…
Rep. Joyce Named Great Lakes Legislator of the Year
Ohio Congressman David Joyce (R) has been named a 2016 Great Lakes Legislator of the Year by the largest labor/management coalition representing shipping on America’s Fourth Sea Coast. Great Lakes Maritime Task Force (GLMTF) annually presents the award to legislators who have promoted shipping on the Great Lakes and St. Lawrence Seaway. Rep. Joyce received his award at a ceremony in Washington on April 12. “Rep.