IMO Helps to Prevent Stowaways
International Maritime Organization (IMO) is continuing to assist countries with the highest number of stowaway incidents by spreading the knowledge of effective port security measures, and, thereby, helping to facilitate the free flow of international maritime traffic. At workshops in the ports of Abidjan, Côte d'Ivoire (11-15 December) and Dakar, Senegal (18-22 December) participants from the relevant…
Diana Shipping Updates on Time Charter Contracts
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Phaethon International Company AG, for one of its Panamax dry bulk vessels, the m/v Erato. The gross charter rate is US$10,500 per day, minus a 5% commission paid to third parties, for a period of minimum 14 months to maximum 17 months.
Dynagas Announces TC for LNG Carrier Pair
Dynagas LNG Partners has announced that a Partnership has entered into a new three year charter agreement with Statoil ASA (Statoil) for the employment of the Arctic Aurora, its 2013-built, 155,000 cubic meter, tri-fuel diesel engine, ice class liquefied natural gas (LNG) carrier. The Arctic Aurora is currently, and has been since 2013, on charter to Statoil. The Extended Charter is expected to commence…
Alabama, APM Invest in Port of Mobile
The Alabama State Port Authority (ASPA) and APM Terminals boards of directors in separate actions have approved a $49.5 million expansion of the container facility at the Port of Mobile. The Port Authority and APM Terminals jointly will deliver a Phase 3 expansion that includes a dock extension and an additional 20 acres of improved yard to maintain excess capacity to accommodate new business opportunities.
Singapore Steps Up Safety At Sea
The Maritime and Port Authority of Singapore (MPA) has stepped up efforts to enhance safety at sea during the year-end festive season. As everyone unwinds during this period, MPA urges the public and all port users to remain vigilant and safe at sea. Typically, the Port of Singapore sees as much as a 15 per cent increase in the number of passengers during the months of November to January. This period coincides with the Northeast monsoon season, which may create unfavourable conditions at sea.
Algoma Purchases Four U.S. Flag 'Lakers'
Algoma Central Corporation, a provider of marine transportation services, today announced it has reached an agreement with American Steamship Company to acquire four vessels. The Company has acquired the M.V. Buffalo, the M.V. Adam E. Cornelius, the S.S. American Valor and the S.S. American Victory. The availability of these vessels presented an opportunity to expand Algoma’s vessel fleet and capacity at extremely attractive values. Both the M.V. Buffalo and the M.V. Adam E.
Australia Finds Wreck of First Allied Submarine to Sink in WW I
Australia has discovered the wreck of its first submarine off the coast of Papua New Guinea, authorities said on Thursday, resolving one of the country’s oldest naval mysteries after more than a century. The submarine, AE-1, was the first Allied vessel to sink during World War One, while patrolling for German warships in 1914, in circumstances that have never been established. The Australian Navy and…
Navigating Through The Dark Winter Months
We are fast approaching the shortest day of the year, when we can begin to look forward to longer days and shorter nights. However, winter is far from over, and we’ve still got many more dark, overcast and gloomy days and nights ahead. Having high performance navigation lights at this time of year is essential. Of course there is navigation during the nights to consider, and then you need to ensure the safety of those travelling by your offshore assets and through your harbors…
KOTUG: Flying Drones for Safer Tug Operations
Netherlands based towage operator KOTUG said it is exploring new ways to use aerial drone technology in its tug operations, as part of a plan to achieve safer and more efficient working conditions. While interest in drone technology has been gaining momentum in the maritime sector, stakeholders continue to explore new applications, from aerial deliveries to surveying and inspection. KOTUG has applied for a patent for its new plan…
Vessel Salvage Ops Continue in Puerto Rico
The Hurricane Maria ESF-10 Puerto Rico response team continued Wednesday assessing and removing storm-ravaged vessels from targeted sites throughout the island. Crews conducted boater outreach in Isleta Maria, and surveys in Ponce and Cabo Rojo. Salvage crews also conducted dive assessments in Isleta Maria and crane-barge operations in Puerto Chico. Additionally, the team on Monday removed the last of five vessels targeted for removal in Las Croabas.
Diana Announces Time Charter
Diana Containerships Inc. (NASDAQ: DCIX), has, through a separate wholly-owned subsidiary, entered into a time charter contract with Wan Hai Lines (Singapore) Pte Ltd.
Cars Transported by Sea up 5% in '17
Clarksons Research on the oceangoing car carrier sector finds that 20.5 million cars were expected to be traded by sea in 2017, up by 5% year-on-year. Further Clarksons found that the overall global car carrier fleet was expected to grow slowly in full year 2017, to 781 vessels or 3.96 million car equivalent capacity. The current car carrier orderbook is at 6% of the fleet in capacity terms and $2.1 billion in contract value…
Meet the "GadCooler"
Ship cooling technology has a new name. Eminating from Finland, Gadcooler is a new ship cooling tech that is designed to save energy. Targeting the ferry and cruise ship sectors to start, the company recently announced its first installation success onboard Eckerö Line's cruise ferry m/s Finlandia over a period of two years. To help savve fuel the system uses existing onboard excess waste heat sources to provide chilled cooling water for the vessel's air-conditioning needs…
VARD Wins Shipbuilding Contract
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of specialized vessels, has announced that it has secured contracts for the construction…
Maritime Cyber Security: The Wrong Formula
For many industries, cyber security is about target hardening and perimeter defense. This makes sense, as cyber security is implemented in much the same way that physical security is implemented. We often think of it in terms of the medieval castle design, which translates to defense in depth in modern vernacular. This formula makes sense, as we can see and touch perimeter defense in physical security.
Wärtsilä’s ESS Reduces North Sea Giant's Costs
The technology group Wärtsilä has agreed to retrofit the world’s first energy storage solution on board a large offshore supply vessel. The North Sea Giant, one of the world’s largest and most advanced subsea construction vessels, will be fitted with an energy storage system that reduces the vessel’s energy consumption, operating costs and exhaust emissions. The retrofit energy storage system improves the operational efficiency and environmental footprint of the North Sea Giant…
UN: Fresh Oil Import Sanctions on North Korea
(Reuters) -- The U.N. Security Council on Friday unanimously imposed new sanctions on North Korea following its latest intercontinental ballistic missile test, a move that analysts said could have a significant impact on the isolated country's struggling economy. The resolution seeks to ban nearly 90 percent of refined petroleum product exports to North Korea by capping them at 500,000 barrels a year and demands the repatriation of North Koreans working abroad within 12 months.
Driver-less Ships: Autonomy in the Maritime Sector
In a show of prototypes, a pod of unmanned sailboats from around the world competes to cross “The Atlantic” test tank in Horten, Norway. Cross the real ocean, and the Sail Bots race similarly challenges scholarly robotic-vessel designers to North America for a bit of station-keeping, collision-avoidance and “cargo moves”. For all, the future seems bright — the first commercial runs of unmanned vessels are underway or scheduled worldwide.
Transocean Gets Statoil Contracts
Transocean announced that the harsh environment semisubmersible Transocean Spitsbergen was awarded a 22-well contract with an estimated duration of 33 months; plus two one-well options in the Norwegian North Sea with Statoil Petroleum ASA. The estimated firm backlog associated with the contract is approximately $286 million, which excludes opportunities for performance incentives. The contract is expected to commence in the third quarter of 2019.
APL Receives Silver Sustainability Rating from EcoVadis
APL has been awarded the silver rating for its 2017 Corporate Social Responsibility performance by EcoVadis, a trusted name that provides supplier sustainability ratings for global supply chains. As the rating places APL among the top 30 percent of companies evaluated, it acknowledges APL’s continual sustainability achievements since earning a bronze rating for the same assessment in 2015. Nicolas Sartini…