Maitland Pinpoints Global Shipping's Woes, Solutions
Clay Maitland is a ubiquitous figure in the global shipping circuit, never shy to share his accrued maritime experience of more than 40 years, ask the tough questions or supply the blunt opinion. Set to celebrate his 70th birthday later this year but not slowing a step, Maritime Reporter & Engineering News caught up with Maitland in his Manhattan office late last month. Most anyone who has seen Clay Maitland address a crowdā¦
Report: Maersk to Reduce Capacity, Raise Rates
According to a report in the Wall Street Journal, A.P. Moller-Maersk A/S is set to address the continued sluggish global trade numbers by reducing its capacity and raising ratesā¦
Shipping Operating Costs Rise 2.1%
The findings are set out in OpCost 2012, Moore Stephensā unique ship operating costs benchmarking tool, which reveals that total operating costs for the three main tonnage sectors covered ā bulkers, tankers and container ships ā were all up in 2011, the financial year covered by the survey. Both the bulker and tanker indices increased by 3 index points (or 1.7 per cent) on a year-on-year basis, while the container ship index (with a 2002 base yearā¦
Rickmers-Linie Transports Three LPG Storage Tanks
Rickmers-Linieās 19,100dwt Baltic Winter has recently completed the transportation of three LPG storage tanks, each weighing 475 tons, from Kuantan in Malaysia to Shuaiba in Kuwait.
Business 'Doctors' Honored for Work on Deep Ocean Group
Business advisory specialists, AlixPartners, honored by TMA for 'International Turnaround of the Year' for their work at DeepOcean Group. AlixPartners, the global business-advisory firmā¦
Live-fire Weapons Shoot by USS Cowpens
The Ticonderoga-class guided-missile cruiser 'USS Cowpens (CG 63)' carries out a live missile shoot in the W. Pacific. Standard Missiles (SM) 2 were fired at an airborne drone during the live-fire weapons shoot. USS Cowpens is part of the George Washington Carrier Strike Group, the U.S. Navy's only forward deployed carrier strike group, and is conducting a routine patrol of the western Pacific region. The excellent photo was taken by U.S.
Charter Extended on Seabird's 'Hawk Explorer'
SeaBird Exploration Plc announce that the contract for 'Hawk Explorer' has been extended by Spectrum ASA for a minimum of 2 months. Hawk Explorer is a 2D seismic survey vessel of LOA 66 m, breadth 14.5 m. and draft of 5.8 m with a transit speed of 12 kts. SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic data, and associated products and services to the oil and gas industry.
Scientists Strive to Make Fuel from Seawater
The U.S. Naval Research Laboratory (NRL) is developing the chemistry for producing jet fuel from renewable resources. Refueling U.S. Navy vessels, at sea and underway, is a costly endeavor in terms of logistics, time, fiscal constraints and threats to national security and sailors at sea. In Fiscal Year 2011, the U.S. Navy Military Sea Lift Command, the primary supplier of fuel and oil to the U.S.
Fuel-Saving New Tidal Model of Malacca Straits
A new high-resolution tidal model for the Malacca and Singapore Straits will potentially save ships thousands of dollars in bunker fuel costs. Simulations have shown that transit time savings of between three and 12 per cent can be made depending on vessel type, speed and tidal phase. The high-resolution (up to 800m) Malacca and Singapore Straits commercial tidal model, developed by applied oceanography specialist Tidetechā¦
Energy Supply Not Sustainable for Next Three Generations Says BP CEO
In a speech at the Kansas Renewable Energy Conference the President & CEO of BP's wind energy business advocates energy supply alternatives. "The rules for energyā¦
Offshore Living Quarter Modules Delivered by SAL Heavy Lift
SAL Heavy Lift recently transported two living quarter modules from the fabrication yard in Stord, Norway to their destination in Onne, Nigeria. In addition to the sea transportation of the modules, SAL arranged a multi-modal pre-carriage from the manufacturer to the berth where MV āLoneā loaded the Living Quarters. For the pre-carriage, SAL and Norwegian agents Alex Birger Grieg mobilized a 9,000ā¦
C.H. Robinson Worldwide to Acquire Phoenix International
C.H. Robinson Worldwide to acquire Phoenix International for $571.5 million in cash & about $63.5 million in newly-issued C.H. Robinson stock. Founded in 1905, C.H.
Halt Arctic Oil Drilling Urges UK Parliamentary Committee
The Environmental Audit Committee has published the report of its inquiry into Protecting the Arctic. "The oil companies should come clean and admit that dealingā¦
New Offshore Turbine Service Catamaran Joins CTruck Fleet
The third CTruk 20T multi-purpose catamaran to join the expanding Offshore Turbine Services fleet is now operational on the London Array. The new vessel, named Admiral P, joins sister workboats Cardinal P and Captain P, all resin-infusion composite vessels designed and built by CTruk at its base in Brightlingsea, Essex, UK. Offshore Turbine Servicesā aim was to enter and make their mark on an increasingly competitive offshore wind support market.
Siem Car Carriers at Houston Texas Break Bulk Expo
Siem Car Carriers to exhibit at upcoming Breakbulk Americas Transportation Conference & Exhibition. Siem Car Carriers operates a transpacific liner service, specializing in the movement of cars, roll on roll off (RO-RO), high, wide and heavy (OHW), break bulk & project cargo to provide a North America Pacific Asia (NAPA) liner service between Mexico, the US West Coast, China, Japan, Korea and Russia.
Rolls-Royce to Sell Tidal Generation Ltd to Alstom
The sale is expected to complete within the next few months, subject to closing conditions. About Tidal Generation Ltd. 1. Rolls-Royce will sell TGL to Alstom UK Holdings Ltdā¦
DP World Orders Operating System for Jebel Ali Terminal
CyberLogitec, a Korea-based IT company to provide its OPUS Terminal Operating System (TOS) for Terminal 3, at the expanding port complex. OPUS TOS has modules to support the sophisticated operational requirements of the new terminal as well as interfaces to other existing systems at the port to provide seamless services to customers. Container Terminal 3, with a quay length of 1,860 metres, a draft of 17 metresā¦
US Coast Guard Hero Wins AFRAS Gold Medal
The Association for Rescue at Sea, Inc. (AFRAS) will hold its annual awards ceremony and reception on 4 October 2012 on Capitol Hill. The event will be co-hosted by the Honorable Howard Cobleā¦
Troy Container Line Partners with Spain's International Forwarding
Troy Container Line, one the worldās largest American-owned NVOCCs, announce a new partnership with International Forwarding S.L. (IFS) of Spain. Founded in 1984 as a Non-Vessel Operating Common Carrier (NVOCC) Troy has become one of the largest companies in its industry. From 21 strategically placed warehouses, Troy Container Line serves the needs of thousands of customers with 700 destinations on six continents. Troyās COO of exports, Patricia L.
Panama Canal Expansion 5-Year Update
Five years ago, the Panama Canal Expansion broke ground at Paraiso Hill & the latest update shows progress estimated at 44.5%. "The Panama Canal Expansion Program is moving forward at a good pace.
