GasLog LNG Services Selects E-learning Solution
LNG tanker shipmanagement company GasLog LNG Services Ltd. has selected Seagull Maritime’s e-learning material & Competence Management platform for use fleet-wide, in manning offices and online, along with the Crew Evaluation System for its main office in Greece. GasLog LNG Services Ltd. currently operates a fleet of 23 LNG tankers with an extensive new building program underway. “At GasLog we pride ourselves on our outstanding record of safety…
Egypt Rejects Russian Wheat Cargo
Egypt has finalised its rejection of 18,000 metric tons of Russian wheat that prosecutors seized at an Alexandria port in November, traders with direct knowledge of the matter said on Thursday.
Dry Bulk Back from the Brink
While the tanker industry worries about OPEC reducing output and the container industry rushes to consolidate, dry bulk values have been quietly increasing. VesselsValue senior analyst William Bennett digs through the data to uncover the reasons why. Bulker values in the last 12 months have hit rock bottom and are now looking to show considerable promise. Five-year-old handysize values are up by over 40 percent; as are 15-year-old Panamax and Supramax asset prices.
OLT Seeks up to 20 LNG Cargoes
Italy's OLT LNG import terminal moored off the Tuscan coas t is seeking up to 20 cargoes of liquefied natural gas (LNG) for delivery between April and September, two trade sources with direct knowledge of the tender said on Thursday. The Italian firm is seeking delivery of two cargoes in September, three cargoes in the months of April and June, and four cargoes in May, July and August. The tender closes on Mar. 6 and will have same-day validity, the sources added.
Vitol buys Angola LNG Shipment
Trading house Vitol purchased a liquefied natural gas (LNG) shipment from Angola's Soyo production facility following a tender, trade sources said. The vessel is currently sailing off South Africa on a heading which indicates a delivery to India or markets in Asia, the sources said. Reporting by Oleg Vukmanovic
Transas, Japan Radio Company Announce Strategic Partnership
The strategic partnership will drive growth and accelerate innovation. Industry-leading solutions and services capabilities will deliver differentiated customer value. Transas, the innovative, digital solutions company, and Japan Radio Company (JRC), a leading global marine electronics company, today announced their new strategic partnership. The two industry-leading companies will work together in research and development, product distribution and project collaboration.
Asia Dry Bulk-Capesize Rates Up on Increased Traffic
Record iron ore prices fuelling capesize chartering boom; freight rates rise by around $1 per tonne in a week. Freight rates for large capesize dry cargo vessels on key Asian routes, which hit multi-week highs on Wednesday, are set to continue to climb next week on buoyant iron ore cargo volumes, brokers said. More than 30 capesize fixtures were reported in the week to Feb. 22, almost double the number in the last two months, according to data on the Reuters Eikon terminal.
Reps. Wittman and Palazzo Visit Ingalls Shipbuilding Division
Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division hosted Reps. Rob Wittman, R-Va., and Steven Palazzo, R-Miss., on Wednesday for a tour of the shipyard, which included ships under construction at Ingalls. “Today was an informative visit to Ingalls Shipbuilding—one of our nation’s best assets,” said Wittman, who is chairman of the House Armed Services’ Seapower and Projection Forces Subcommittee.
Ultramar Takes Delivery of Catamaran Ferry
A high capacity 48m catamaran passenger ferry Ultramar has been delivered to the Mexican operator Ultramar. Designed by Incat Crowther and built by Midship Marine in Louisiana, Ultramar is specifically designed for the operator’s busy Playa de Carmen – Cozumel run, offering high capacity, high durability and a world-class passenger experience. Carrying 844 passengers on a relatively short run, turnaround is paramount.
MacGregor's Ship-to-ship compensation system Launched
MacGregor, part of Cargotec, has launched a new crane compensation system for offshore ship-to-ship load transfers, offering substantially larger operating windows as well as safer and faster load transfers. "This robustly-tested technology can offer considerable commercial advantages to the offshore industry," says Ivar Fjermeros, Senior Sales Manager, Advanced Offshore Solutions. "MacGregor understands the complexity of ship-to-ship load transfers and the limitations imposed by unpredictable…
APL launches Day-Definite Cargo Arrival with Eagle Guaranteed
APL today announced the launch of Eagle Guaranteed, a promise of day-definite arrival of shipment on the Eagle Express (EX1) service via the Global Gateway South (GGS) Terminal in Los Angeles to the rail yards of Chicago, Columbus, Dallas, El Paso, Kansas City and Memphis in the Americas. With the specific arrival date for the designated inland destinations set upon booking with APL, shippers are offered a solution to best manage their supply chain cycle.
APM Terminals Pipavav welcomes its largest RoRo carrier
APM Terminals Pipavav welcomed the Hoegh Tracer, one of the world’s largest pure car and truck Carrier (PCTC), and the largest to ever call an Indian port. At 14 decks high, the Hoegh Tracer has a capacity of 8,500 vehicles, and loaded 1,700 cars at Pipavav for export delivery on the Hoegh Middle East, India and Africa (MIAF) Service. APM Terminals Pipavav, in partnership with NYK Auto Logistics (India)…
Modus unveils Saab Sabretooth for cost effective survey, inspection
Modus Seabed Intervention has successfully completed trialling one of the subsea industry’s first commercially available hybrid unmanned underwater vehicles. It…
Higher profits for Transocean
Transocean Ltd. reported their Fourth Quarter and Full Year 2016 Results. * Operating and maintenance expense was $314 million, including $30 million in favorable items associated with litigation matters. * Adjusted net income was $239 million, $0.63 per diluted share, excluding $13 million of net unfavorable items. * Contract backlog was $11.3 billion as of the February 2017 Fleet Status Report. ZUG, SWITZERLAND-February 23, 2017-Transocean Ltd.
MES Delivers 66,000 DWT Bulk Carrier
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 60,000 dwt type bulk carrier M.V. "INDIGO BREEZE" (MES Hull No. 1926) at its Tamano Works on 22nd February, 2017 to ARIST MARITIME S.A., the Republic of Panama. This is the 22nd ship of our “neo60BC”, the third Eco-Ship line up of our “neo series”. Service Speed abt. * The vessel has four (4) cranes and five (5) cargo holds, and keeps the superior usability of “Mitsui 56”.
Harley’s Latest tug begins service
The latest addition to the Harley Marine fleet is now completing sea trials and preparing to enter service. The “M/V Earl W. Redd” will be operated under the flag of the Olympic Tug & Barge unit of Harley. The 120 foot tractor tug, built by Diversified Marine Inc. in Portland, Oregon, and named after the father of Diversified President Kurt Redd, is slated to enter service providing unrestricted coastal towing along the West Coast of the United States.
Damen Shiprepair Cuts 150 Jobs
Damen Shiprepair & Conversion (DSC) plans to lay off around 150 workers as part of its reorganisation program at three Dutch yards within its group. All employees at the three locations — Damen Shiprepair Rotterdam (DSR), Damen Shiprepair Van Brink (DSVB) and Damen Shiprepair Vlissingen (DSVl) — have been informed, along with the workers' council and trade unions. It is the intention of DSC to complete the reorganization before summer 2017.
Tauranga Port Aims to Handle a Million Cargo Containers
New Zealand's largest freight gateway Port of Tauranga says it is on track to break the country's record for transporting more than one million containers in a single year. "Our results show the Port of Tauranga is continuing to reinforce its position as the country's premier freight gateway. We have lifted revenue and earnings and moved record cargo volumes including more than 510,000 TEU containers," said chairman David Pilkington.
Davao Terminal Outfits with Navis
Navis and Davao International Container Terminal (DICT) announced that the terminal has gone live with the Navis N4 terminal system. Navis is a part of Cargotec Corporation and provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the shipping supply chain. Since opening its gate in 2013, DICT has partnered with…
China Orders 100 Loader Cranes from Hiab
Hiab, part of Cargotec, has signed a contract to supply a minimum of 100 HIAB light-range loader cranes for a leading wind turbine manufacturer in China. The order with a value of approximately EUR 1.5 million was received at the end of January 2017. The loader cranes for nacelle service are used when lifting service and maintenance parts up to the wind turbines. The agreement also includes training for operators and service personnel.