Daewoo Shipbuilding Wins $590 million Greek Deal
Daewoo Shipbuilding & Marine Engineering Co. (DSME) has bagged a combined 700 billion won (US$590 million) in potential orders from Maran Tankers Management, a unit of Angelicoussis Shipping Group, reported Yonhap. Under the agreement with the Greece's largest shipper the troubled South Korean shipbuilder will provide a liquefied natural gas-floating storage and regasification (LNG-FSRU) ship. The…
Maersk Line Scraps 8 Panamaxes
Ship recyclers in India and China will recycle eight vessels owned by Maersk Line. The ship recyclers have agreed in full to the A.P. Moller - Maersk Responsible Ship Recycling Standard. The deal gives Maersk Line greater fleet flexibility and vessels will be transferred to the recycling yards within coming months. In the coming years, Maersk Line expects to recycle a larger number of vessels than in previous years as more vessels are coming to their economical end of life.
Gulf Navigation, Mena Energy Sign Strategic Deal
GulfNav has marked another milestone by entering into strategic alliances with MENA ENERGY. The strategic alliances for mutual co-operation in ship acquisition, chartering and commercial management aims to set out a platform for the parties to have an enhanced commercial relationship and to further strengthen their existing business ties. The parties have agreed that Gulf Navigation would acquire vessels that would be time-chartered to MENA Energy for carrying Crude and the petroleum products.
Mass Flow Meters Will Now Be Mandatory in Singapore
As a top bunkering port, Singapore will, from 1 January 2017, implement the mandatory use of the Mass Flow Metering (MFM) system which involve devices installed on all bunker vessels licensed by the Maritime and Port Authority of Singapore (MPA) to deliver Marine Fuel Oil (MFO) to vessels bunkering within the Singapore port waters. The automated MFM system is meant to dispense with conventional sounding…
Expanded Panama Canal Welcomes its 500th Neopanamax Transit
Less than six months after the inauguration of the Expanded Panama Canal, the waterway welcomed its 500th transit of a Neopanamax ship on Wednesday, highlighting the trust that Canal customers have placed in the route. Performing the 500th transit was the container vessel YM Unity, which first began its passage through the Cocoli Locks in the Pacific and then headed north towards the Agua Clara Locks.
King Abdullah Port Hits New Milestone
The infrastructure works for Berth 5 and Berth 6 are about to be finished in a few weeks, King Abdullah Port announced. The two berths are part of the port’s strategic expansion plan, which aims to significantly uprate the port’s capacity, thus boosting its standing in the maritime industry, both regionally and internationally. “With the two new berths, the port’s annual capacity will rise to four million TEU as of the beginning of the first quarter of 2017,” said Eng.
NASSCO Christens New ECO Tanker
On Saturday, December 17, General Dynamics NASSCO christened the Liberty, the third ECO Class tanker under contract with customer SEA-Vista LLC. Mrs. Debora Denning, wife of SEACOR vice president Tom Denning, christened the ship with the traditional break of a champagne bottle on the side of the ship. Designed for improved fuel efficiency, the 610-foot-long, 50,000 deadweight ton, LNG-conversion-ready ECO Class tanker symbolizes the emerging direction of the shipping industry in the U.S.
Security Council lifts N. Korea Sanctions on five ships
The United Nations Security Council said on Saturday it had lifted sanctions on five ships that were blacklisted in March for ties to North Korea's arms trade. The…
Disoriented Mariner Rescued in Charleston, Ore
Coast Guard and local fire department crews responded to a mariner who had become lost while attempting to walk back from his vessel after it went soft aground in the Charleston South Slough, Friday. An MH-65 Dolphin helicopter crew from Coast Guard Sector North Bend safely hoisted and transported the mariner to emergency medical personnel waiting at sector. Watchstanders at sector received an initial report at 2:49 p.m.
DMA Powerboat license: Yes or No?
Now it has become easier to find out whether a powerboat license is required for your boat. The Danish Maritime Authority has added a new function, making it possible for you to insert your boat's length and output and then see whether a powerboat license is required for your boat. The function is available for boats below 15 metres. Director Rasmus Høy Thomsen from the Danish Maritime Authority, "It…