CMA-CGM to the Rescue of Kito de Pavant
On Tuesday morning (December 06, 2016), the navigator Kito de Pavant suffered a serious damage following a collision with an unidentified floating object while sailing in the North of the Crozet Islands. The crew CMA CGM Marion Dufresne then immediately modified its route in order to come to rescue the skipper as soon as possible. The ship was then the boat closest to the sailboat in distress, and will be on site in about ten hours of sailing.
TEN Announces Four New Time Charter Contracts
Tsakos Energy Navigation Limited (TEN), a leading diversified tanker owner, has announced new time charter contracts for four vessels, an aframax, two panamaxes, and a handysize product tanker, all to major end users. The average contract length of all four fixtures is 14 months which bring the aggregate fleet gross revenues to a minimum of $1.4 billion. "The new time charters increase TEN's fleet under secured revenue employment to 68%.
Hapag-Lloyd's Hanseatic to Remain in Fleet Until September 2018
The popular five-star expedition ship, the MS HANSEATIC is set to remain in the Hapag-Lloyd Cruises fleet for six more months, until the end of September 2018. The first of the Germany-based cruise provider’s two new expedition ships will be launching in April 2019. The international preview brochure, due to be published in mid-December, will contain two international cruises on board the HANSEATIC, as well as three international expedition cruises on board the BREMEN.
Yang Ming May Merge with Port
Taiwanese container carrier Yang Ming Marine Transport Corp should merge with state-owned port company Taiwan International Port Corp. (TIPC), report local media quoting a member of Taiwan's parliament. Legislator Chen Ou-po of the Democratic Progressive Party (DPP) proposed that Yang Ming, which is 33% government-owned, can merge with state-owned TIPC, Taipei Times reported. Taiwan’s ministry of transportation…
DP World Partially Monetizes Canadian Assets
DP World will partner with a Canadian pension fund in a $3.7 billion investment vehicle that primarily looks at brownfield projects in investment-graded countries, says Drewry Maritime Equity Research. The terminal operator will retain operational control of the fund with 55 percent stake, after seeding it with two west coast Canadian terminals (Prince Rupert and Vancouver). The pension fund Caisse…
Alps Named Distributor of Petersen Stainless Rigging
Chicago based Alps Wire Rope Corporation has been appointed as a distributor for U.K.-based stainless steel shackle and wire rope fitting manufacturer Petersen Stainless Rigging Ltd.
Interview: Morton S. Bouchard III Pulls No Punches
Morton S. Bouchard III pulls no punches discussing the maritime business and the spate of over-regulation infecting U.S. industry. Morton S. Bouchard III has served as President of Bouchard Transportation Co., Inc., the nation’s largest independently-owned oceangoing petroleum barge company, since 1996 and CEO since 1999, the fourth generation of the Bouchard family to helm the company since its incorporation in 1918. The Bouchard name is iconic in North American maritime circles, and Mr.
Fuel Talk: Greener Ships 'Abandoned'
In the immortal words of one Kermit the Frog, “it’s not easy being green.” Nor inexpensive. Offshore ship owners managing the demand “fallout” of the past year and navigating myriad environmental strictures say their leap of faith toward greener fuels has taken its toll. The idealism of a decade ago has eroded, they say, in the face of lost offshore business, especially long-term contracts. Oil company clients that once insisted on high-spec…
McAllister Sells Two Tugs to Port City Marine
The 4,300HP tugs Colleen McAllister (ex-Ellena Hicks, Hull 685) and Katie G. McAllister (ex-Libby Black, Hull 671) have been sold and delivered to new owners Port City Marine Services of Muskegon, Mich., reported Marcon International, Inc. The 124’ x 33.1’ x 19.9’ depth / 18’ loaded draft tugs were built in 1967 and 1966 respectively by Gulfport Shipbuilding Corp. of Port Arthur, Texas for Gulf Coast Transit Company, subsidiary of TECO Transport & Trade, of Tampa, Fla.
Digital Technology Enhances Marine Communications
On a warm summer morning last July, boat owners and passersby were drawn to a craft not often seen in the sleepy harbor of Wickford, Rhode Island. Tied up at the dock was the new, 37-foot, Multi-Mission Interceptor (MMI) recently produced by SAFE Boats International, where it was making a stop along its promotional run down the east coast. The craft features a sleek, state of the art design and is fully equipped with best-of-breed technology and products from a variety leading marine companies…
From Across the Big Pond
With familiar faces, new partnerships and Houston office, Damen widens its North American profile with a flurry of new work orders. With a flourish and a flurry of new business, Damen’s new U.S.-based office officially opened in Houston, Texas on July 1, 2016. Registered as Damen Area Support North America BV Co., it has been established to provide a local presence and work hand-in-hand with the North American market…
[Op/Ed] WRDA: Dredging up Progress
Digging out the small ports and harbors that serve as the on-ramps to the maritime super highway is important work. We support the WRDA language that makes our water commerce system work productively. The Presidentially-appointed Mississippi River Commission in its public meetings alongside the members of Big River Coalition and the MVFCA has heard from interests, discussed and supported this approach for more than five years.
US Fines 'Duck Boat' Manufacturer in Fatal Crash
The U.S. Transportation Department said on Tuesday the company that built a Seattle amphibious "duck boat" involved in a deadly 2015 collision between the vehicle…
Survitec Group Completes Merger with WMS Safety Business
Survitec Group, a provider of critical safety and survival technology to the marine and defence markets, has announced the completion of its merger with Wilhelmsen’s marine safety business.
First Dual-fuel LNG Car Carrier Christened
United European Car Carriers (UECC), daughter company of Nippon Yusen Kabushiki Kaisha (NYK) and Wallenius Lines, signed a contract in 2014 for the construction of two dual fuel LNG Pure Car and Truck Carriers. The first vessel, de ms AUTO ECO, left the shipyard in China in September and arrived in November in Zeebrugge. On November 21, the ms AUTO ECO was christened at the terminal of International Car Operators (ICO) in the Zeebrugge inner port.
Lloyd’s Register’s Acquires Seasafe
Lloyd’s Register (LR), a global engineering, technical and business services organization has added to its portfolio of advanced data, digital and software solutions…
Cargo Ship Crew Awarded for Heroism at Sea
Officers and crewmembers of the Crowley Maritime Corp.-managed cargo ship M/V Ocean Glory were recently honored with a 2016 Admiral of the Ocean Sea (AOTOS) Mariners’ Plaque for demonstrating heroism at sea during the United Seamen’s Service’s (USS) annual AOTOS awards ceremony in New York. The mariners were recognized for their August 2016 rescue of an Indonesian fisherman in the vicinity of the Bali Strait while en route to Banyuwangi, Indonesia.
Wiswall Receives International Maritime Prize
Maritime lawyer Dr. Frank Lawrence Wiswall Junior, former Chair of the International Maritime Organization (IMO) Legal Committee and Vice President (Honoris Causa) of the Comité Maritime International (CMI), has received the International Maritime Prize for 2015 for his contribution to the work of IMO over many years. Presenting the Prize, during a ceremony at IMO Headquarters on Monday, December 5, IMO Secretary-General Kitack Lim highlighted Dr.
Cobham, SpeedCast Partner to Grow Maritime Broadband
Cobham SATCOM and SpeedCast International Limited have concluded a global framework agreement covering the provision of maritime stabilized antennas, which offers high speed connectivity at sea. The commercial framework was awarded following a multi-vendor selection process by SpeedCast, based on a technical, commercial and supply chain evaluation criteria and will run three years. It is expected to generate a double-digit million-dollar figure in revenue for Cobham.
Scottish Ferries Contract for Parker Bestobell Marine
Parker Bestobell Marine, part of Parker Hannifin, has won a contract to supply cryogenic globe and check valves for two Caledonian MacBrayne Ferries (Calmac) being built at Ferguson Marine Engineering in Glasgow. The valves will be installed in the liquid natural gas (LNG) fuel gas systems of these vessels, which are the first U.K. built ships that will run on this environmentally friendly fuel. The new ferries will be ‘dual-fuel’ vessels so they can operate on both LNG and marine diesel.