Hanjin Sells US Terminal Stake to MSC
South Korean ocean carrier Hanjin Shipping Co. signed a deal to sell its stake in the U.S. port operator that runs Long Beach, Calif.âs, biggest container terminal to Mediterranean Shipping Co.
CMA CGM PAD Service to Add a Direct Call at Brisbane
CMA CGM has informed that Brisbane, Australia, will be added to the rotation of its PANAMA DIRECT (PAD) service as from m/v HARMONY N voy. 081RPS-082RPN, ETA Brisbane on February 1st, 2017.
Bremen Express Loses Containers at Sea
During a repair stop on the Atlantic, the âBremen Expressâ (8,750 TEU) experienced rolling for reasons yet to be determined. As a result, some containers fell overboard.
Renewal Time for CLC, Bunker, Athens and WRC Certificates
Time has come for most shipowners to apply for renewal of their CLC, Bunker, Athens and Wreck Removal Certificates from the Danish Maritime Authority. CertificatesâŠ
Bulk Carrier Secondhand Sales Booming
The festive season is here, so shoppers are out and looking to buy. However, when it comes to the bulk carrier sale and purchase market, business has been booming throughout 2016âŠ
ECSA Adopts Position on European Policy for Arctic
European shipowners welcomed earlier this year the adoption of the integrated European Union policy for the Arctic region. âWe believe that the three priority areasâŠ
DMA's New Online System for Seafarers
From 2 January 2017, Notices to Mariners will be available via a new and improved online system that also presents navigation warnings and shooting warnings. TheâŠ
The Shipping Markets In 2016
In 2016, market conditions in most shipping sectors have been highly challenging, says a report by Clyde & Co, global law firm. The ClarkSea Index, an average ofâŠ
NOIA Decries Obama Withdrawal of Offshore Areas
âPresident Obamaâs short sighted, unilateral withdrawal of Atlantic and Arctic Ocean areas from future oil and gas leasing not only risks the long-term energy security and energy leadership position of the United States, it violates the letter and spirit of the law. Such an expansive withdrawal, particularly when argued as being âpermanentâ, is clearly inconsistent with the Outer Continental Shelf Land Actâs steadfast declaration that â...
White House âPlaying Politicsâ Arctic Drilling Ban -AEC
The Obama Administration announced that it will ban offshore oil and gas development throughout much of the U.S. Arctic. Under the authority of a provision in a 1953 law, the decision designates "the bulk of the Arcticâ indefinitely off limits. Commenting, Lucas Frances, spokesperson for the Arctic Energy Center, said, âThis is a deeply frustrating development and one that will mean a bleak economic future for Alaska.
Shipbuilder: 3D Access to Real-time Data in VR+ Module
Shipbuilder has started a real virtual reality (VR) revolution that enables full visual access to new and existing maritime projects. Geert Schouten, director at Shipbuilder, said, âWe are the first organization globally that has added useful features to virtual reality for maritime projects. We know from experience that working aboard a ship with a large set of data can be extremely complex and time consuming. Because where are pump X and cable Y that need replacement located?
Obama Bans New Drilling off Alaska, Part of Atlantic Shore
U.S. President Barack Obama on Tuesday banned new oil and gas drilling in federal waters in the Atlantic and Arctic Oceans, in a push to leave his stamp on the environment before Republican Donald Trump takes office next month. Obama used a 1950s-era law called the Outer Continental Shelf Act that allows presidents to limit areas from mineral leasing and drilling. Environmental groups said that meant Trump's incoming administration would have to go court if it sought to reverse the move.
Tanker Docks at Libya's Es Sider Port to Load First Crude Cargo in Two Years
An oil tanker docked at the east Libyan port of Es Sider on Monday to load the first cargo of crude since the terminal reopened following a two-year closure, port officials said.
Israeli Police Trial its Latest Patrol Boats
The Israel Marine Police (IMP) visited SAFE Boats International (SBI) this week to inspect and sea trial the final three vessels of 10 new patrol boats under contract. The delivery finalizes an extensive multiyear vessel procurement planned by the Israel Marine Police since 2012. âOver the past three years the Israel Marine Police partnered with SAFE Boats International to construct 10 vessels for the safety and security of our community.
Power Products Acquires Lenco Marine
Power Products, LLC has acquired Lenco Marine, a designer and manufacturer of trim tabs, actuators, hatch lifts, accessories and the AutoGlide automatic trim tab control system.
USCG Mulls Removing Lenses from 2 Lighthouses
The U.S. Coast Guard has proposed removing the Fresnel classical lenses from two lighthouses in Wisconsin: the Algoma Pierhead Lighthouse in Algoma, and the Kewaunee Pierhead Lighthouse in Kewaunee. The Fresnel Classical lenses will be replaced with modern light-emitting-diode lanterns, which are more dependable and energy efficient. The lenses will be removed and preserved. Due to the harsh environmental conditions including temperature fluctuations and ultraviolet raysâŠ
Northern Shipping Fund Closes above Target
Northern Fund Management America LLC (âNorthern Shippingâ), an alternative capital provider to the shipping and offshore oil service sectors, said that it has completedâŠ
Northern Shipping Fund Closes above Target
Northern Fund Management America LLC (âNorthern Shippingâ), an alternative capital provider to the shipping and offshore oil service sectors, said that it has completedâŠ
Shippersâ Confidence at 15-month High -Survey
Shipping confidence improved for the third successive quarter in the three months to end-November 2016, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. In November 2016, the average confidence level expressed by respondents was 5.6 out of 10, equaling the highest rating since August 2015. All main categories of respondent were more confident than in August 2016, when the overall rating was 5.4.
âMega-shipâ the Largest to Ever Transit the Panama Canal
The Panama Canal welcomed the largest capacity vessel to-date to transit the Expanded LocksâHapag-Lloyd's Valparaiso Express, a 10,589 TEU Neopanamax containership built specifically to take advantage of the greater capacity offered by the Expanded Panama Canal. Todayâs passage ushers in a new era of mega-ships that are now able to transit the Expanded Canal since itâs inauguration on June 26 of this year.
