People-smuggling Scams Reemerge Globally -ITIC
Scams to smuggle illegal migrants aboard ships are reemerging globally, warns International Transport Intermediaries Club (ITIC). ITIC is urging ship agents worldwide to be extra vigilant when approached to carry out crew changes by unknown owners or crew managers, as people-smugglers scams are becoming more prevalent. According to ITIC, agents are approached by scamming owners or managers (usually…
DNV GL Publishes 2050 Maritime Forecast Report
A transitioning energy industry will change the shape of shipping, but not its importance to the global economy, says DNV GL. In its recently published Maritime Forecast to 2050, DNV GL analyzes a changing global energy system’s impact on the shipping industry through to 2050, exploring how factors such as expected shifts in energy production and demand, GDP growth, industrial production and regional manufacturing might affect the maritime industry and individual ship segments.
Crowley Shipping Announces Management Team
Crowley Maritime Corp. appointed four industry veterans to oversee the consolidated lines of business under the recently formed Crowley Shipping group, which provides petroleum and chemical transportation, commercial ship management, offshore energy support and ship assist and tanker escort services in the U.S. and international markets. Crowley said the new business unit structure better aligns vessel operations and services with customers…
Marine News' Top 10 Stories of 2017
Plucked from the headlines, the top stories of 2017 were compelling, and each provided impact to the domestic waterfront and in particular – the workboat sector.
Metal Shark Bags Pilot Boat Build Contracts
Metal Shark said it has its sights locked on the pilot boat market, with two new vessels from its range of custom-configurable pilot boat offering currently under construction. The Louisiana-based shipbuilder is building a 45-foot Defiant Pilot Boat for the Virgin Islands Port Authority at its Jeanerette, La. production facility. At its shipyard in nearby Franklin, La., Metal Shark is building a 64-foot Defiant Pilot Boat for the Brazos Pilots Association of Freeport, Texas.
Seychelles Charges Six Somali Pirates
Six Somali nationals have been charged in the Republic of Seychelles for attempting and committing acts of piracy in the Indian Ocean, the Seychellois Attorney General announced on December 18. The suspected pirates were apprehended in November by EU antipiracy forces following alleged attacks on containership MV Ever Dynamic and fishing vessel Galerna III in the Southern Somali Basin, an area known for piracy.
Qatargas Inks Deal to Deliver LNG to Austria's OMV
State-run Qatargas on Wednesday agreed a sale and purchase deal with Austrian oil and gas group OMV to deliver up to 1.1 million tonnes of liquefied natural gas annually for five years.
SBM Offshore Completes FPSO Liza Financing
SBM Offshore said it has secured the $720 million project financing for FPSO Liza through a consortium of 12 international banks, completed on December 19, 2017. SBM Offshore said it expects to draw the loan in full, phased over the construction period of the FPSO. The financing will become non-recourse once the FPSO is completed and the pre-completion guarantees have been released. The post completion project loan has a tenor of 10 years…
Wah Kwong Maritime's Chao is 2018 CMA Commodore
Award to be presented March 14, 2018 at the conclusion of the CMA’s Shipping 2018 Annual Conference and Exposition. Ms. Sabrina S. M. Chao, Executive Chairman of…
China, Australia Ports Clogged as Coal, Ore Demand Soars
Around 300 ships caught in jam that would stretch 40 miles; freight rates for biggest coal, ore carrier hit 3-yr high. More than 300 large dry cargo ships are having…
Saudi-led Coalition: Air Strikes Keep Port Open
More than 10,000 people killed in Yemeni conflict. The Saudi-led coalition fighting in Yemen said on Wednesday it would keep Yemen's Houthi-controlled Hodeidah port open for a month…
ESL Enters Smaller Vessel Class
As a part of its growth strategy, ESL Shipping has successfully entered into smaller vessel class with ice classed 3,000 dwt vessels. Baltic Carrier, Baltic Skipper…
CJ Logistics to Merge with Affiliate
CJ Logistics Corp. (CJL), South Korea’s largest parcel delivery service company under food and entertainment conglomerate CJ Group, will merge with the group’s construction arm, Yonhap said.
ABS to Class LNG Bunker Barge
ABS, a leading provider of classification and technical services to the marine and offshore industries, was selected by Q-LNG, LLC, to class an Articulated Tug Barge…
Professionalism on Display in Australian Fleet Divisions
With great fanfare, more than 1,500 officers and sailors have lined the decks of HMAS Canberra in the Australian Fleet’s 2017 Ceremonial Divisions. Sydney Harbour…
HMM Holds a “2018 Sales Strategy Meeting”
South Korea's Hyundai Merchant Marine (HMM) has held a “2018 Sales Strategy Meeting” to prepare sales strategies for the next year. At the meeting being held on 18-22 December 2017…
Eagle Bulk Buys Ultramax Bulkcarrier
Eagle Bulk Shipping announced that it has acquired a 2015-built CROWN-63 Ultramax bulkcarrier for a purchase price of USD 21.275 million. The vessel was constructed…
Ocean Alliance Launches Day Two Product
The Ocean Alliance has launched its new Day Two Product with an estimated 3.6 million TEU carrying capacity provided by approximately 340 containerships deployed on 41 services.
New Women in Maritime Network Launched
Central and Latin America celebrated the launch of a new women in the maritime network in Valparaíso, Chile (13-15 December), which joins the International Maritime…
Port of Seattle Names Metruck Executive Director
The Port of Seattle Commission has appointed retired U.S. Coast Guard Rear Admiral Stephen P. Metruck as its new Executive Director, effective February 1, 2018. Metruck will succeed interim executive director Dave Soike, who took over following the resignation of port CEO Ted Fick in February 2017. Metruck brings 34 years of executive experience in maritime, security and financial leadership to his new role.
