This Day In Naval History: August 25
1864 - CSS Tallahassee, commanded by Cmdr. John Taylor Wood, returns to Wilmington, N.C. to refuel on coal. During her more than two week raid, CSS Tallahassee destroys…
El Faro Captain Ordered Crew to Abandon Ship before Sinking
The captain of the doomed El Faro cargo ship sounded an alarm for his crew to abandon the vessel shortly before it sank last fall in a hurricane near the Bahamas, killing all 33 onboard, the U.S.
China COSCO Falls to H1 Net Loss
China COSCO Holdings Co Ltd fell to a first-half loss hurt by a persistent slump in the global container market, the world's fourth largest container shipper said on Thursday.
Weak Freight Rates push Grindrod to H1 loss
Africa's biggest shipping group Grindrod reported a first-half loss on Thursday, pressured by low global growth and declining dry bulk shipping rates but it expects…
J.F. Lehman Acquires Oldenburg's Heavy Equipment Group
J.F. Lehman & Company (JFLCO) informs it has signed a definitive agreement with Oldenburg Group Incorporated to acquire its Heavy Equipment Group, including both its defense and mining business units.
Wärtsilä Re-gasification system for Norwegian Ship Conversion
Wärtsilä has been contracted to supply the re-gasification system for an FSRU (Floating, Storage, Re-gasification Unit) conversion project that Höegh LNG plans to carry out on a modern LNG vessel.
Foreship Establishes Tallinn Subsidiary
Naval architect and marine engineering company Foreship has created a wholly-owned subsidiary located in Tallinn to strengthen ties with shipowners, shipyards and…
New Crane Orders for Huisman
• 1 x 5,000mt Tub Mounted Crane for Allseas. The cranes will be built at the Huisman production facilities in The Netherlands, Czech Republic and China. Deliveries are scheduled for end 2017…
Restricted Area around Submarine Wreck in North Sea Reduced
The Danish Maritime Authority has changed the size of the area of prohibition that was established on 17 August in the North Sea off the coast at Esbjerg in connection…
New Container Equipment Prices to Fall to Record Lows
Cheaper production and material costs as well as weaker demand has driven the price of new container equipment down to record lows and is forecast to fall further during 2016…
South Asia Meet on Oil, Chemical Spill Contingency Plan
A meeting to update South Asia’s regional plan for oil and chemical pollution preparedness and response is underway in Male, Maldives (22-25 August), informs International…
Cosco Eyes Spanish port of Algeciras
Algeciras Bay Port Authority in southern Spain has put up a tender for its third container terminal, and China's Cosco Shipping Ports is already being mentioned as a fore runner candidate…
COSCO Delivers PSV and Two Jack-up Rigs
Cosco (Dalian) Shipyard Co., Ltd., a subsidiary of its 51 percent owned Cosco Shipyard Group Co., Ltd., has delivered two jackups to the Foresight Group of companies…
UASC's Dismal Performance
United Arab Shipping Company (UASC), which is close to merging with Hapag-Lloyd, revealed enormous deficits and a massive debt in its key financial figures, says Alphaliner.
Navy Discovers Malaysian Tanker
Indonesia's navy has found a tanker carrying almost US$400,000 worth of diesel that was taken by its own crew last week due to a commercial dispute, says a report in AFP.
US Navy Ships Conduct Astern Replenishment-at-sea
“While replenishments-at-sea are routine, astern refueling is unique and requires precise navigation and coordination,” said Lt. Cmdr. Jason Ileto, fleet replenishment scheduler for Commander, Logistics Group Western Pacific. An astern replenishment-at-sea was conducted by Avenger-class mine countermeasures ship Pioneer and Lewis and Clark-class dry cargo ship USNS Richard E. Byrd (T-AKE 4) in waters south of Japan, August 24.
US Offshore Lease Sale Yields $18 Mln in High Bids
Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced…
MN100: MarineCFO
Founded in 1992, UA Business Solutions was a pioneer in the field of Enterprise Resource Planning (ERP) and an early Microsoft Partner. The ERP evolution into the maritime industry found UA developing industry specific solutions for marine clients. These UA marine solutions became commercially available in 2007 under the UA proprietary brand, MarineCFO. UA Business Solutions, along with the MarineCFO brand, was purchased by VerticaLive in 2013.
Another Hurdle for The Ocean Alliance
Commissioner William P. Doyle of the U.S. Federal Maritime Commission today voted in favor of requesting additional information from The Ocean Alliance parties. The Request for Additional Information (RFAI) effectively stops the clock on the agreement until such time as the filing parties answer the questions proposed in the RFAI. Once those questions are answered and filed with the Commission, a new 45-day clock commences.
26 Hours of Information Recovered from El Faro's VDR
A group led by the U.S. National Transportation Safety Board (NTSB) has gathered information from the recovered voyage data recorder (VDR) of sunken cargo ship El Faro to develop a detailed transcript of the sounds and discernible words captured on the ship’s bridge before sinking during Hurricane Joaquin in October 2015. In all about 26 hours of information was recovered from the VDR, including bridge audio, weather data and navigational data.
