U.S. Coast Guard, Industry Respond to GoM Ro/Ro Fire
The Coast Guard and good Samaritans are responding to the report of a vessel on fire approximately 150 miles south of Southwest Pass, Louisiana, Monday. Watchstanders…
2017 Med Migrant Deaths Up Sharply
At least 219 migrants and refugees are believed to have drowned in the Mediterranean already this year, more than double than during the same period a year ago, the International Organization for Migration (IOM) said on Tuesday. Following interviews with four survivors of a weekend shipwreck, the agency said nearly 180 people were feared to have been aboard a boat that capsized off the coast of Libya, not 110 as earlier thought.
Standard Chartered Closes $1.6 bln+ in Shipping Finance
Standard Chartered said on Tuesday it had completed three shipping deals worth more than $1.6 billion in recent months. The deals include in December a $684.5 million…
Pertamina Looks to U.S. for LPG
Indonesia expected to import 70 pct of LPG in 2017. Country seen shipping in around 5 mln T of LPG this year. Indonesian state energy company Pertamina expects to…
OSM & Forland Shipping Extend Cooperation
OSM has announced that Norwegian operator of offshore construction vessels (OCV), Forland Shipping of Bergen, has awarded the company full technical management of their two OCV’s, Fugro Saltire and Lewek Inspector. OSM already provides the crew to the vessels. Says Forland Shipping’s managing director, Bjørn Kristian Jæger: “Being a small shipping company operating in a very challenging market, we have to minimalize our operational cost…
Navios Partners Sheds 13,100 TEU Boxship
Navios Maritime Partners L.P. announced the completion of the previously announced sale of the MSC Cristina, a 2011 South Korean-built Container vessel of 13,100 TEU.
HMS Global Maritime Appoints Jaenichen as Chief Operating Officer
HMS Global Maritime, owner and operator of the American Queen Steamboat Company as well as 85 other U.S. flagged vessels, welcomes former Maritime Administrator Paul “Chip” Jaenichen, Sr. of the U.S. Department of Transportation as the new Chief Operating Officer (COO). After a decorated career with the U.S. Navy and the Maritime Administration (MARAD), Jaenichen joined HMS Global Maritime on January 12, 2017.
Oil Steady; Record High Russian Output Forecast Offsets Weak Dollar
Oil prices were little changed on Tuesday as forecasts for record production out of Russia in 2017 helped offset earlier gains related to a decline in the U.S. dollar…
MoU Centered on Australian Future Submarines
Flinders University and four of France’s leading Graduate Schools of Engineering have entered into an academic and research cooperation agreement relating to Australia’s Future Submarine Program. The agreement between Flinders and a consortium comprised of ENSTA ParisTech, École Centrale de Nantes, CentraleSupélec and École Polytechnique will be signed at a ceremony to be witnessed by South Australia’s Minister for Higher Education and Skills…
PDVSA Operations Impacted by Crude Spill
Shipping operations at one of three docks of Venezuela's main crude exporting port were halted after an oil spill occurred while loading a vessel bound for India…
Algerian Troubles Impact LNG Liftings for France
French gas grid operator GRTgaz said a force majeure in Algeria and tensions in the global gas market were reducing deliveries of liquefied natural gas (LNG) to southern France, just as winter demand for heating intensifies. Deliveries to the Fos-sur-Mer terminal were at about 40 gigawatt-hour (GWh) per day, compared with the 70 GWh per day needed to meet increased winter demand for power and heating, GRTgaz chief executive Thierry Trouve told journalists on Tuesday.
LNG Ferry Megastar Nears Completion
The construction of Tallink’s new LNG-powered fast ferry Megastar is nearing completion at the Meyer Turku shipyard, where the vessel is receiving finishing touches before transporting its first passengers January 29, 2017. The €230 million ferry is powered by three 12-cylinder Wärtsilä 12V50DF and two six-cylinder Wärtsilä 6L50DF four-stroke dual-fuel gensets. Megastar will run primarily on LNG, though it is also able to run on marine diesel.
Detyens Wins Medgar Evers Overhaul Contract
Detyens Shipyards Inc. said it was awarded a $13.6 million firm-fixed-price contract for a 60-calendar day shipyard availability for the regular overhaul and dry-docking of U.S. Navy’ Military Sealift Command (MSC) cargo ship USNS Medgar Evers (T-AKE 13). According to the shipyard, work will include clean and gas-free tanks, voids, cofferdams and spaces, deckhouse preservation, main generator maintenance and cleaning…
DSME CEO Questioned over Accounting Fraud
The chief executive of struggling Korean shipbuilder Daewoo was questioned by state prosecutors on Tuesday over allegations that the yard tried to cover a major deficit in 2015 by underreporting losses. According to a report in Yonhap, Jung Sung-leep, 66, appeared before the Seoul Central District Prosecutors' Office as a suspect on charges of violating the Act on External Audit of Stock Companies.
First TTS Shipset Delivered to COSCO Shanghai Shipyard
TTS Group announced the delivery of the first of four shipset of TTS deck equipment to COSCO Shanghai Shipyard. In April 2015, Shanghai Shipyard Co. Ltd., part of the China State Shipbuilding Corporation (CSSC), ordered various TTS deck equipment for four 28.000 DWT Multipurpose Heavy Lift Vessels. The first official hand over took place this week end. The vessels are part of the ongoing fleet extension program of China Ocean Shipping (Group) Company (COSCO).
Successful Cooperation for Safe Sea Transport of Oil
The story of how that incident served as a catalyst for positive change is told in a new exhibition which was launched on Monday (16 January) at the headquarters of the IMO, the United Nations agency with responsibility for the safety and security of international shipping and the prevention of pollution from ships. A series of panels chart the collaborative work which has resulted today in a comprehensive regulatory framework…
CMA CGM Strengthens Asia-East Coast South America Links
French container shipping major CMA CGM has upgraded its SEAS1 and SEAS2 services, now providing two departures per week between Asia and the East Coast of South America.
DNV GL Certifies Siemens’ 8 MW Offshore Wind Turbine
DNV GL has assessed the market’s new offshore turbine in development and awarded Siemens Wind Power with the Prototype Certificate for its 8 megawatt (MW) offshore wind turbine SWT-8.0-154. The prototype certification confirms all relevant safety features on the turbine according to the Danish Executive Order BEK 73:2013 and IEC 61400-22, allowing installation of the prototype to demonstrate its performance.
Euroseas Takes Delivery of Newbuilding Ultramax
Euroseas Ltd, an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today that it took delivery of the previously announced acquisition of the newbuilding. The newbuilding Hull DY 160, to be renamed Alexandros P, is a 63,500 dwt Ultramax dry bulk carrier built in January 2017. Aristides Pittas, Chairman and CEO of Euroseas commented: "We are very pleased to complete the acquisition of Alexandros P…
Antwerp Finishes 2016 with 2.7% Growth
The port of Antwerp handled over the past year 214 057 529 tons of goods. Which is 2.7 more than the previous year. Container volume up 4.1%: At 4.1% the growth in container volume is even more pronounced: after 12 months the figure stood at 117,909,533 tonnes of containerised freight. Expressed in terms of standard containers (twenty-foot equivalent units) the total of 10,037,318 TEU has risen above the 10 million TEU mark for the first time in the history of the port.