Crowley Adds Houston-Caribbean LCL Service
Starting July 1, Crowley Maritime Corporation will offer weekly, fixed-day, less-than-container-load (LCL) shipping services from Houston to 33 port destinations throughout the Caribbean Basin, the shipper announced today. The new logistics service is designed to enhance supply chain options for those shipping directly into the Caribbean Basin from the West and Gulf Coasts of the U.S., Crowley said.
Brazil AG Minister Opposes Proposed Farm Export Tax
Brazil's Agriculture Minister Blairo Maggi said on Thursday before the Senate's Agriculture Committee that he would oppose a government proposal to tax farm exports as a way to cover a growing deficit in the country's social security program. The president's Chief of Staff Eliseu Padilha told the Estado de S. Paulo newspaper published on Thursday the tax was part of a proposal to reform Brazil's social security program. (Reporting by Leonardo Goy; Writing by Reese Ewing)
Strong Demand Across Vessel Segments Pushes Up Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday as demand strengthened across all vessel segments.
Maersk Chairman: Company Could Be Split Up
A. P. Moller-Maersk's chairman says that the Danish shipping and oil conglomerate could be split up in several companies, after it on Thursday appointed the head of its container business as new chief executive. "The question is whether we should be a large group, or whether we should be a number of independent companies," Michael Pram Rasmussen told Danish online media Finans. "It is a possibility for us, but it is not something you just do. It would be a huge task," he said.
Ulstein Delivers for BS Offshore
The first of two service operation vessels (SOV) ordered in 2015 by Bernhard Schulte Offshore (BS Offshore) and its client Siemens from Ulstein Verft in is now completed, and was delivered on June 23, 2016. The vessel is built to the ULSTEIN SX175 design, which according to Ulstein, emphasizes optimization of the vessel’s movements in order to ensure the safe transfer of technicians and equipment for the maintenance and servicing of wind turbines.
PGS, Radio Holland Expand Service Agreement
Norwegian marine geophysical company PGS has extended its non-exclusive service agreement with Radio Holland for navigation and communication services onboard nine seismic vessels in its global fleet. Radio Holland is known in the maritime industry for its NavCom and Maintenance services through its global network of more than 80 offices. Radio Holland Norway has worked with two PGS’ vessels (Ramform Atlas and Ramform Titan) on a Service Agreement for several years already.
RBS Receives Bids for Greek Shipping Business
The Royal Bank of Scotland has received bids for its Greek ship finance business, banking and financial sources familiar with the matter said, following a leap in…
Final Agenda for Marad’s Sexual Assault Summit Unveiled
The Maritime Administration’s ‘Call to Action’ will address Sexual Assault and Sexual Harassment in the Maritime Industry. Obtained this morning from reliable industry sources, the final agenda for what promises to a lively and possibly contentious meeting set up by the U.S. Maritime Administration and its U.S. Merchant Marine Academy leaders for industry stakeholders has been released. U.S. Maritime Administrator Paul ‘Chip’ Jaenichen will kick off the meeting with opening remarks…
Lenders Deny BHP Port Debt on Coal Worries
Australian mining giant BHP Billiton pulled a $500 million debt refinancing plan at one of Australia's biggest coal export terminals after banks were reluctant to lend to the sector…
VIDEO: WinGD X-DF Engine Powered Chem Tanker Passes Test
The first dual-fuel two-stroke engine employing the low-pressure X-DF gas admission technology developed by Winterthur Gas & Diesel (WinGD) passed the final milestone…
Skou Replaces Andersen as Maersk CEO
Danish shipping and oil company A. P. Moller-Maersk has appointed Soren Skou, head of its container shipping unit Maersk Line, as new chief executive for the group replacing Nils Smedegaard Andersen who has been in the job since 2007. Soren Skou will remain as CEO of Maersk Line in addition to his position as CEO for the Maersk Group. Andersen will leave the group, Maersk said in a statement. "The…
Asia Dry Bulk-Capesize Rates Could Rise in Short Term
Shipowners seeking $10 per tonne from Brazil-China; dry cargo demand to remain subdued this year. Freight rates for large capesize dry cargo ships on key Asian routes may firm up next week on increased chartering activity, tighter tonnage supply and possible port disruption caused by bad weather in China, ship brokers said on Thursday. "The general consensus is there will be an improvement in rates next week," a Singapore-based capesize broker said.
China Dismisses South China Sea Support Doubts
China's Foreign Ministry on Thursday brushed off doubts about how many countries have offered support for its position in a case brought by the Philippines over Chinese claims in the South China Sea…
InterManager Welcomes Seafarers Awareness Week
InterManager, the international trade association for in-house and third party ship management, is giving its full support to this week’s Seafarers Awareness Week (20-26 June), co-ordinated by Seafarers UK. “Maritime Jobs for Future Generations” is the theme, aiming to raise awareness of the many career possibilities the maritime world offers young people. The shipping industry employs 1.5 million…
AkzoNobel Wins Major Environmental Award
AkzoNobel’s pioneering methodology for rewarding ship owners who use sustainable hull coatings has been named Environmental Leader Product of the Year for 2016. The award recognizes the introduction of the shipping industry’s first carbon credits methodology, which was developed by the company’s Marine Coatings business. Launched in 2014 in conjunction with The Gold Standard Foundation and Fremco Group…
First Damen Tug for Bugsier
Bugsier, the German towage and maritime service provider, has boosted its already extensive fleet with the addition of a Damen ASD 2411 tug. The tug represents the first purchase of a Damen vessel for Bugsier. Bugsier holds an established position in the German maritime sector: the company is celebrating its 150-year anniversary this year. This operational knowledge brought mutual benefits to the vessel construction process.
TEN Sends New Aframax Tanker to Work for Statoil
Tsakos Energy Navigation Ltd. (NYSE:TNP) has taken delivery of the aframax tanker Elias Tsakos, part of the 15-vessel newbuilding program and the first of the nine…
Simrad Tech for Sydney Fast Ferries
Four new fast ferries, owned and managed by Manly Ferries and operating in the busy waters of Sydney Harbour, will use Simrad technology for safe navigation. The owner has specified a range of Simrad bridge equipment for its latest vessels, including an NSO Evo2 quad-core marine processor, a 4G broadband radar with beam sharpening and target separation, an Autopilot AP28, and Simrad MO16T widescreen monitors with sunlight viewable screens and multi-touch capability.
Viscometer Helps Coating Process
Oxfordshire based Chiltern Connections specialist is a provider of conformal coating machines and associated solutions for a wide range of industrial customers. Applications for their coating machines are generally highly specialised and a means of preventing corrosion or protecting important components from various environmental challenges and thereby helping to extend their working life. Viscosity…
Demand for Helm CONNECT Software Soars ahead of Subchapter M
Helm Operations signed on more than 50 commercial maritime companies to its maritime software, Helm CONNECT, many of whom are trying to prepare for the publication of Subchapter M. Helm CONNECT’s customers come from a variety of commercial maritime industries, such as fishing, ferries, research vessels, inland / coastal barging and pilotage vessels. The reason for the broad appeal of Helm CONNECT is its simplicity.