Euroseas Acquires Vessels and Full Ownership of Euromar
Euroseas announced that it signed a memorandum of agreement to purchase the M/V EM Athens and EM Oinousses, both feeder size containership vessels of 2,506 teu built in 2000. The Company also announced that it acquired the option to purchase from Euromar two additional container vessels, the M/V EM Corfu, a feeder size containership vessel of 2,556 teu built in 2001, and the M/V Akinada Bridge, a post-panamax size container vessel of 5,600 teu built in 2001 until September 30, 2017.
Konecranes Pact with MPET in Antwerp
Konecranes signed a major service agreement in which its Antwerp-based service organization will perform all of the maintenance and repair work on more than 150 Konecranes Noell Straddle Carriers of different generations for MSC PSA European Terminal (MPET), the single largest container terminal in Europe. The purpose of this service agreement is to achieve consistently high availability of the entire machine fleet.
ABS, GasLog Study to Simulate LNG Boil-off
ABS, a leading provider of classification and technical services to the marine and offshore industries, and GasLog LNG Services (GasLog) have completed a joint development project demonstrating a new approach to evaluating LNG boil-off rate (BOR). GasLog is an international owner, operator and manager of LNG carriers, providing support to international energy companies as part of their LNG logistics chain.
US Navy Buoys into the Arctic Ocean
The U.S National Ice Center (USNIC) in coordination with the Office of Naval Research, Office of the Oceanographer of the Navy, the Danish Joint Arctic Command, Environmental and Climate Change Canada and University of Washington deployed buoys into the Arctic Ocean during a joint mission. The joint mission was conducted to collect weather and oceanographic data to enhance forecasting and environmental models thereby reducing operational risk for assets in the Arctic.
UK Shipping Industry Takes its Cause to Government
The UK Chamber of Shipping's CEO Guy Platten and its president Dr Grahaeme Henderson were among a delegation of international shipowners and major figures from the shipping industry that visited 10 Downing Street on Monday as part of London International Shipping Week 2017. The delegation, led by Maritime UK, took part in a round-table debate with government ministers to discuss both the challenges and opportunities facing the UK's maritime industry…
Hazards of Bauxite on Cargoes
New research considered by International Maritime Organization (IMO) this week about the behaviour of an aluminium ore that featured in a high-profile shipping casualty in 2015 could lead to changes in industry rules about how such cargoes should be handled. IMO’s Sub-Committee on Carriage of Cargoes and Containers (CCC 4, 11-15 September) this week is considering the latest research results on the potential instability of bauxite when carried as a ship’s cargo.
Japanese Navy Ship Teruzuki Visits India
Japan Maritime Self-Defense Force (JMSDF) Ship Teruzuki visited Kochi from 09 to 11 September 2017. Captain Masashi Kondo, Commander Escort Division Six is sailing onboard JS Teruzuki, a destroyer which is being commanded by Commander Seiichi Hashimoto. Captain Masashi Kondo, Commander Escort Division Six accompanied by the Commanding Officer of Japanese Ship Teruzuki had called on Rear Admiral Krishna Swaminathan…
DryShips Commences 5 Year TC for Second VLGC
DryShips, a diversified owner of ocean going cargo vessels, announced today that, its second Very Large Gas Carrier commenced its time charter on a fixed rate with five years firm duration to an oil major. The charterer has options to extend the firm employment period by up to three years. The Company expects a total gross backlog associated with this time charter of up to USD 92.7 million including the optional periods.
Indo-Pacific Endeavour 2017 Completes
The Australian Defence Force Joint Task Group, Indo-Pacific Endeavour 2017, has completed the first international engagement activity of the deployment. HMAS Adelaide, one of the Royal Australian Navy’s Canberra class amphibious ships, reached the milestone after recently conducting aviation training with the USS Bonhomme Richard off the east coast of Australia. The training involved both the SH60S Seahawk helicopter and a United States Marine Corps MV-22 Osprey tilt-rotor…
Jamaica, Malta Accede to BWMC
Jamaica and Malta have become the latest States to sign up to International Maritime Organization (IMO)'s Ballast Water Management Convention – the international treaty requiring ships to manage their ballast water to help stop the spread of invasive aquatic species across the globe. The Convention entered into force earlier this month (8 September) and a total of 65 signatories now represent 73.92% of the world's merchant fleet tonnage.
India, Ukraine to Partner in Shipbuilding
A Ukrainian delegation led by its Deputy Minister of Economic Development and Trade Ms. Nataliya Mykolska, met Secretary, Ministry of Shipping Shri Ravikant in New Delhi to discuss the potential for developing sustainable partnership between the two countries in the area of shipbuilding. Giving an overview of ship building industry in their country, the Ukrainian delegation invited senior officials…
Port Canaveral Resumes Operations
As of 12 noon today, the U.S. Coast Guard Captain of the Port (COTP) approved restricted commercial vessel transit through Port Canaveral to allow the port to support…
Ingalls Launches Guided Missile Destroyer DDG 51
The new Arleigh Burke-class (DDG 51) guided missile destroyer Delbert D. Black (DDG 119) was launched by Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division on Friday, September 8, in Pascagoula, Miss. “A quality launch is a critical milestone in a ship’s life,” said Ingalls Shipbuilding President Brian Cuccias. “Our world-class shipbuilders have once again met this goal in launching DDG 119.
Wärtsilä: Turning Raw Data into Meaningful Insight
Capitalizing on big data is a hot topic within the marine industry, and skilled data scientists are one of the most sought after professionals in the job market. Hardcore data analysis knowledge materializes at expertise centers, where hundreds of ships sailing on the seas of the world are tracked, monitored and supported. Big data combined with analytics and human expertise results in optimized ship lifecycle efficiency – and better performance for marine industry players.
Germany Awards $2.4 Bln Naval Shipbuilding Contract
The German defence procurement agency said on Tuesday it has awarded a contract valued at nearly 2 billion euros ($2.4 billion) to a consortium of shipbuilders led…
Hong Kong and UK Strengthen Maritime Ties
Representatives of the British and Hong Kong maritime business sectors have agreed to forge a closer working relationship. Under the terms of a new Memorandum of Understanding, Maritime London and the Hong Kong Maritime & Port Board (HKMPB) will cooperate in a range of areas including promotional activity, training and sharing of best practice for maritime business services. The agreement was signed in London during London International Shipping Week by Chan Fan…
Sentinel Marine’s New Rescue Vessel Christened
Sentinel Marine’s latest new-build emergency response and rescue vessel (ERRV) has been deployed to service in the North Sea after being christened at Aberdeen Harbor. The new vessel, Mariner Sentinel, is operating on behalf of Statoil at its Mariner field to the east of Shetland – the sixth of nine vessels to join the firm’s fleet since 2015. Statoil’s Aberdeen-based offshore logistics and services supervisor…
New Orleans' Big Plans Showing Dividends
A Container-on-Barge service intended to be an integral part of the regional intermodal equation is gathering momentum – and customers. Quietly, the Port of New Orleans (NOLA) has marked some important accomplishments in the past two years, across multiple business sectors. For example, in April 2016, NOLA’s Board dedicated a $25 million Mississippi River intermodal terminal, capable of handling 160,000 twenty-foot-equivalent (TEU) units per year by rail.
Giaever to Take Over as CFO at NAT, NAO
Bjorn Giaever will take up his position as the new chief financial officer (CFO) at Nordic American Tankers Limited (NAT) and Nordic American Offshore Ltd. (NAO) from October 16, 2017.
Great Lakes Limestone Trade Rose in August
Shipments of limestone on the Great Lakes totaled 3,991,471 tons in August, an increase of 18.6 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported. August’s loadings were also nearly 12 percent ahead of the month’s five-year average. LCA said loadings from U.S. quarries totaled 3,358,064 tons, an increase of 21.4 percent compared to a year ago, while shipments from Canadian quarries totaled 633,407 tons, a slight increase over a year ago.