Baltic Index Dips on Weak Demand for Smaller Vessels
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Friday due to weak demand for smaller vessels. The…
Piraeus Port Shareholders Approve COSCO Deal
Piraeus Port shareholders approved a new concession agreement with Chinese shipping giant COSCO on Friday, bringing Greece a step closer to concluding the sale of a majority stake in the port. Greece agreed in April to sell a 67 percent stake in the port to COSCO for 368.5 million euros. With the concession agreement approved, the deal now needs the green light from parliament and the competition watchdog to go through.
S.Korea, UN Join Patrols to halt Illegal Chinese Fishing
South Korea and the U.N. Command, which overseas the Korean War armistice, said on Friday they had begun a joint operation to keep Chinese fishing vessels from operating illegally off the west coast.
Greek Workers Protest Port Selloff
Dozens of demonstrators blocked the entrance to Greece's privatisation agency offices in central Athens on Friday and planned more protests during the day against…
U.S. Navy Admiral Pleads Guilty to Bribery
A U.S. Navy rear admiral pleaded guilty on Thursday to a charge of lying to federal investigators, making him the highest-ranking officer to be convicted in the expanding "Fat Leonard" bribery case.
Damen Delivers Shoalbuster 2609 for SAFEEN
SAFEEN, the subsidiary of Abu Dhabi Ports formerly known as Abu Dhabi Marine Services, has taken delivery of a Damen Shoalbuster 2609 named Maqtaa to join its existing fleet. The delivery comes just two months after the order was placed by SAFEEN. Like all the vessels in Damen’s Shoalbuster range, the new vessel is a multipurpose, shallow draught workboat capable of undertaking a range of roles including towing…
[Op-Ed] Ballast Water Facts, Not Hype
An Op-Ed issued by the Lake Carriers’ Association, American Great Lakes Ports Association and Great Lakes Maritime Task Force addresses the “exaggerations and inaccuracies” surrounding the Vessel Incidental Discharge Act (VIDA), and explains how the legislation will best protect the Great Lakes from aquatic nuisance species. Recently, several articles, editorials and letters have perpetuated exaggerations and inaccuracies about the Vessel Incidental Discharge Act (VIDA).
Volvo Penta Powers Njord Offshore Crewboats
Njord Offshore’s two latest 26m offshore crew vessels (24 pax), equipped with Volvo Penta’s IPS900 Quad drives, are now ready for heavy-duty use in the North Sea. After a year operating four new 26m crew transfer vessels (CTVs) fitted with Volvo Penta’s IPS900 Quad drives, Njord Offshore – which transports crew to and from offshore wind farms – has added another two new 24 pax vessels with the same propulsion system to its fleet. The U.K.
In-port Container Weighing Introduced at Liverpool
Construction is complete on weighbridges at the port of Liverpool to help cargo owners comply with the new SOLAS (Safety of Life at Sea) international regulations on container weights. The multi-lane, in-process capability involved considerable work to install multiple dynamic axle weighbridges at the terminal AutoGates. It is linked with the terminal operating system and is able to automatically provide a verified gross mass (VGM) record for the container.
Marlink Integrates Inmarsat’s Fleet Xpress
Maritime communication and maritime VSAT operator Marlink has signed a strategic alliance with Inmarsat, which will see Inmarsat’s new Fleet Xpress service integrated…
Russia: We Will Respond to Entry of US Navy Ship into Black Sea
The Russian Foreign ministry said Moscow would respond to a U.S. naval ship's entry into the Black Sea with unspecified measures, saying it and other deployments were designed to ratchet up tensions ahead of a NATO summit, the RIA news agency reported. Russian state media reported that the USS Porter, a U.S. naval destroyer, entered the Black Sea a few days ago on a routine deployment, a move it said raised hackles in Moscow because it had recently been fitted with a new missile system. U.S.
Hong Kong Eyes Shipping Boost from China's New Silk Road, Iran
Hong Kong's crucial shipping trade is hoping China's overseas infrastructure plan and closer business ties with Iran will enable the city to tackle the downturn in the seaborne sector and tougher competition, officials said. The global container sector, which transports everything from bananas to iPhones, as well as the dry bulk shipping market hauling commodities including iron ore and coal, is struggling with a glut of ships…
Norden Sells 4 Post-Panamax Bulk Carriers
Further tightening its ownership focus within the dry cargo segment to medium-sized Supramax and Panamax vessels, Dampskibsselskabet NORDEN A/S has sold its final four Post-Panamax bulk carriers. Following the sale, which involved Nord Delphinus (114,167 tdw built in 2010), Nord Dorado (114,167 tdw built in 2010), Nord Pisces (114,167 tdw built in 2010) and Nord Pyxis (114,500 tdw built in 2010), Norden no longer owns Post-Panamax vessels…
This Day In Naval History: June 10
1854 - The first formal graduation exercises are held at the U.S. Naval Academy at Annapolis, Md. Previous classes graduated without a ceremony. Rear Adm. Thomas O. Selfridge and Rear Adm. Joseph N. Miller are two of the six graduates that year. 1896 - Authorization is given for the first experimental ship model basin, which was under the supervision of Chief Constructor of the Navy, Capt. David W. Taylor.
Irving Shipbuilding Commits $2 Mln for Arctic Research
Irving Shipbuilding Inc. has committed $2 million in funding in partnership with the Nunavut Arctic College for an applied research project with a northern focus.
US Oil Drillers Add Rigs for 2nd Week in a Row
U.S. energy firms this week added rigs drilling for oil for a second week in a row for the first time since August, energy services firm Baker Hughes Inc said on Friday…
Peru Accedes to Ballast Water Management Convention
Peru has become the latest country to accede to the International Maritime Organization (IMO) Ballast Water Management Convention (BWM Convention), a treaty designed to counter the threat to marine ecosystems by potentially invasive species transported in ships’ ballast water. On June 10, Ambassador of Peru to the United Kingdom, Claudio de la Puente Ribeyro, met IMO Secretary-General Kitack Lim at IMO headquarters in London to hand over the instrument of accession.
Gov’t Officials Tour Great Lakes Shipyard
U.S. U.S. Secretary of Labor Thomas E. Perez traveled to Cleveland on Monday, June 6, to meet with Cuyahoga County Executive Armond Budish, Chairman Ronald Rasmus of The Great Lakes Towing Company and members of the Cleveland-Cuyahoga County Workforce Investment Board to discuss the crucial role that sector strategic partnerships play in equipping workers with the skills they need to compete in today’s labor market.
Port of Oakland’s Export Rally Rolls On
It’s official; a containerized export rally is underway at the Port of Oakland. The port reported that export volume increased 5.1 percent in May over the same period a year ago. It was the fifth-straight month of export gains in Oakland and the highest volume in 17 months. The port said that it shipped the equivalent of 83,969 loaded 20-foot export containers last month, the most since October 2014 when it shipped 86,065 boxes.
Hearing to Address US Coast Guard Needs
The U.S. Coast Guard and Maritime Transportation Subcommittee, chaired by U.S. Rep. Duncan Hunter (R-Calif.), will hold a hearing next week on U.S. Coast Guard mission…