Vroon, Jisco Extend Nautical Aisya AWB Partnership
JISCO Marine and Vroon Offshore Services Singapore have signed a two-year extension agreement for the management of the Accommodation Work Boat (AWB) Nautical Aisya. This renewal will extend the JISCO and VOS Singapore cooperation until at least the end of February 2022, Vroon said Monday.The extension follows a recent contract award to Jisco marine by Brunei Shell Petroleum (BSP) for AWB Nautical Aisya. The new charter started on February 1, 2020.
Obituary: George R. Duclos, 1933-2020
George Raymond Duclos, age 86, died peacefully on February 15, 2020 surrounded by his family. The son of the late Raymond and Albertine (Bertha Chenard) Duclos. Born in 1933 in Fall River, MA, George spent most of his life in Westport, MA spending summers on the Watuppa Pond and moving to the Pond permanently in the 1960's.George is survived by his wife and life-long partner in adventure, Pauline D.
WFW Advises TUI on $1.3Bn Take Over
London-based international law firm Watson Farley & Williams has advised TUI Cruises GmbH on its acquisition of Hapag-Lloyd Cruises from TUI AG for US$1.3bn, excluding…
Chrysaor Backs Mocean Subsea
Mocean Energy, global wave energy player, has teamed up with energy major Chrysaor, subsea energy storage experts EC-OG and AUV specialist Modus in a project to…
Kiel Intros Germany's Largest Shore Power System
The Port of Kiel commissioned Siemens to build Germany’s largest shore power system to date which is capable of supplying two ships simultaneously.With a power of 16 megavolt amperes (MVA)…
Johan Röstin Resigns as CEO of ForSea
ForSea (formerly HH Ferries Group), the operator linking Denmark and Sweden via Helsingør and Helsingborg, announced that Chief Executive Officer (CEO) Johan Röstinwill…
Vado Gateway Welcomes First Ship
APM Terminals said that its new deep-sea container terminal, Vado Gateway terminal, located in Vado Ligure, Italy, received its first commercial service on 11 February 2020.The ship…
HHLA Meets Targets
German logistics and transportation company Hamburger Hafen und Logistik AG (HHLA) said that it has achieved targets for the year as the revenue and operating result…
PIL Exits Transpacific Market
Singapore shipping company Pacific International Lines (PIL) has announced that it is quitting the Transpacific market as part of an optimization strategy. The shipping…
BPER Banca Finances Marittima Emiliana
BPER Banca SpA has completed a naval financing for ME Marittima Emiliana SpA to a second-hand tanker built by the Chinese shipyard in Guangzhou in 2012.The tanker…
Diana Shipping Cancels Dry Bulker Sale
Diana Shipping announced that it has received a notice of cancellation of the Memorandum of Agreement (MoA), between a separate wholly-owned subsidiary and an unaffiliated third party…
Oil Firms to Spend $53Bn at Stabroek Block
Global oil firms are preparing to spend more than $53 billion in Guyana’s coveted Stabroek Block during the coming decade.According to Rystad Energy research, recent…
Repower of the Tug Gretchen H
As sometimes happens with boats in the maritime world, the recent repower of a tug shone a light on a pair of well known independent companies. The tug Gretchen H. (ex Harry Olsen, Polar Breeze) was built by Rodriguez Shipbuilding of Coden Alabama in 1997 and is currently owned, since 2005, by Boyer Towing.The Gretchen H is a good solid boat and her owners decided she was well worth a new set of engines. At 80 by 30 feet she has an eleven foot depth.
France, Australia Downplay Tensions over Submarine Deal
France and Australia reaffirmed their commitment to a A$50 billion ($34 billion) submarine deal on Friday, seeking to defuse tensions after French shipbuilder Naval Group raised concerns over the capability of Australian contractors.Australia signed a production contract with Naval Group in February 2019 for a fleet of 12 attack-class submarines, ending a two-year wrangle over one of the world's most…
US Ports Get More Than $280 Mln in MARAD Grants
The U.S. Department of Transportation’s (USDOT) Maritime Administration (MARAD) announced that it has awarded more than $280 million in discretionary grant funding through the new Port Infrastructure Development Program. This funding is designed to improve port facilities at or near coastal seaports.The Port Infrastructure Development Program supports efforts by ports and industry stakeholders to improve facility and freight infrastructure to ensure our nation’s freight transportation needs…
Baltic Index Inches Up Amid Virus Outbreak
The Baltic Exchange's main sea freight index inched up on Friday and registered its first weekly gain in ten weeks as firm panamax vessel rates outweighed losses in the coronavirus-hit capesize segment.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, edged up 4 points, or 1.0%, to 425.For the week, the main index gained over 2.4%, breaking nine straight weeks of declines.The capesize index fell 10 points to negative 294…
Stowage Deficiencies Caused YM Efficiency Containers Loss -Report
Deficiencies in the cargo stowage arrangement ultimately caused the YM Efficiency to lose 81 containers while sailing in heavy seas off Australia in June 2018, the Australian Transport Safety Bureau's (ATSB) investigation revealed.The Liberian-flagged vessel was en route from Taiwan to Sydney when it suddenly rolled heavily in strong gale force winds and rough seas, causing the ship to lose 81 containers overboard and another 62 containers to be damaged.
Coronavirus Leaves China-bound Tankers Stranded
The coronavirus's effect on energy markets is worsening, as the sharp fall in demand in China, the world's largest importer of crude, is stranding oil cargoes off the country's coast and prompting shippers to seek out other Asian destinations.More than 1,360 people have died from the coronavirus in China, which has disrupted the world's second largest economy and shaken energy markets, with international…
Cruise Industry Seeks to Limit Coronavirus Risks
The plight of the cruise ship off Japan with more than 200 coronavirus infections and the shunning of another by five ports despite no known cases has led to a sharp change in tack for an industry in shock: avoid Asia.To that end, many cruises in the region are being cancelled while others currently sailing are being re-routed, skipping originally scheduled stops in China, Hong Kong and Singapore.Royal…
Tech File: Grain Monitoring System for Loaded Barges
Purpose-built for storage challenges brought on by climate change and geopolitical tensions, TeleSense has introduced its cellular SensorSpear Monitors to protect post-harvest grain.TeleSense…