USS Indianapolis Wreckage Located
A team of civilian researchers led by entrepreneur and philanthropist Paul G. Allen have found the wreck of the World War II cruiser USS Indianapolis (CA 35), which was lost July 30, 1945. This is a significant discovery considering the depth of the water in which the ship was lost - more than 18,000 feet. Around 800 of the ship's 1,196 Sailors and Marines survived the sinking, but after four to five days in the water - suffering exposure…
Bahri Completes Registration Of ASLAF Under Saudi National Flag
National Shipping Company of Saudi Arabia Bahri announced that the Ministry of Transport under the supervision of the Public Transport Authority (PTA) has completed the registration of ASLAF, a Very Large Crude Carrier (VLCC) owned and operated by Bahri, under the flag of Saudi Arabia. The move reinforces Saudi Arabia’s position in the global maritime industry and gives a further boost to Bahri’s…
Hafnia Says Product Tanker Market Weakened
The overall product tanker market weakened further during the second quarter of 2017, reflecting the ongoing imbalance between supply and demand of tonnage, said Denmark based Hafnia Tankers. High inventories and reduced trading activity did not support any additional increase of freight rates, however we did see the start of reduced oil inventories by the end of Q2, which in combination with a reduced orderbook, as well as growing oil consumption, are needed for an improved market.
Fujairah Terminals Welcomes First Container Feeder Vessel
The newly established Fujairah Terminals, under the management of Abu Dhabi Ports, has welcomed its first container feeder vessel, the Dubai Alliance, reported Gulf News. This is the first ship to arrive at the terminal, which is wholly owned by Abu Dhabi Ports, the master developer, operator and manager of commercial and community ports within the emirate of Abu Dhabi, Fujairah Port and Khalifa Industrial Zone Abu Dhabi (KIZAD)…
Nakilat, Shell Completes First Phase of LNG Carrier Management Transition
Nakilat Shipping Qatar Limited (NSQL) a wholly owned subsidiary of Nakilat and Shell International Trading and Shipping Company Limited (Shell), have completed the first phase of what will be the world’s largest management transition of LNG carriers. The Q-Max LNG carrier Al Mafyar was the 10th vessel to transition from Shell to NSQL management in 10 months, bringing about the successful completion of the first phase.
Four Killed in Explosion at South Korean STX Shipyard
Four workers were killed Sunday in an explosion at an oil tanker being built in a South Korean shipyard, Reuters reported quoting authorities. Fire officials said the workers were painting the interior of the tanker at an STX Offshore & Shipbuilding plant in the southeastern city of Changwon and died almost instantly. The workers in their 30s to 50s were painting inside a 12-meter-deep oil tank at the time of the accident. The fire agency recovered the bodies of the three victims.