This Day In Naval History: June 24
1833 - The frigate Constitution is the first vessel to enter the newly-built dry dock at the Charlestown Navy Yard, Boston, Mass. for overhaul. A false rumor circulates in Boston in 1830 that the U.S.
UK First to Accept Marine Geoengineering Amendments
The United Kingdom has become the first state to formally accept the 2013 marine geoengineering amendments to the 1996 “London Protocol”, the treaty covering dumping of wastes at sea. The amendments support the precautionary approach by providing for specific marine geoengineering activities to be permitted only when the activity is assessed as constituting legitimate scientific research. Currently, only ocean fertilization for research purposes may be permitted.
New Zealand: Maritime Trade is Key
Globally, shipping is on the rise – already 80-90 percent of the world’s trade is by ship; that is more than 12 billion metric tons of goods annually, shipped by 1.5 million seafarers on 50,000 merchant ships. Without shipping, the import and export of goods on the scale necessary to sustain the modern world simply would not be possible. Shipping is especially important to New Zealand, an island that relies heavily on its vibrant maritime sector.
Kiel is First German Port of Call for Mein Schiff 5
The brand-new TUI Cruises newbuilding Mein Schiff 5 has arrived in Kiel – her first German port of call since being handed over in Turku, Finland, a few days ago. The 99,500GT, 295-meter-long cruise ship sailed into the Kiel Fiord early this morning, escorted by a Kiel tug and to a water fountain welcome. Thousands of visitors to the Kieler Woche sailing regatta watched from the shore as the Mein Schiff 5 berthed at the Ostseekai Cruise Terminal.
World Stocks Tumble as Britain Votes for EU Exit
Global capital markets reeled on Friday after Britain voted to leave the European Union, with $2 trillion in value wiped from equity bourses worldwide, while money…
The American Club Reports Solid Progress in 2015
The American Club reported solid progress during 2015 at the annual meeting of its members held in New York yesterday. Despite a challenging economic climate, the Club’s business developed respectably, and 2016 had started on a positive note. The Club’s tonnage and revenue experienced some attenuation in 2015 as global trade slowed and freight markets continued to struggle. Following the 2016 renewal…
ST Marine Delivers 4th Patrol Vessel to Oman
Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), has held the Interim Acceptance ceremony for the Patrol Vessel (PV) RNOV Khasab. This is the final, in a series of four vessels, designed and built for the Royal Navy of Oman (RNO). The Guest-of-Honour was the Consul General for the Oman Consulate for the Republic of Singapore, HE Zakariya Hamed Hilal Al Saadi.
Seven Indonesian Sailors Kidnapped in Philippines
Seven Indonesian sailors have been taken hostage in the Sulu Sea in the southern Philippines, Indonesia's foreign minister said on Friday, the latest in a string…
Baltic Index up for Third Straight Session
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday, for a third straight session, on rising demand across all vessel segments.
Asia Tankers-VLCC Rates to Climb Slowly
Around 47 MidEast charters fixed for July loading so far; older tonnage and new vessels a drag on freight rates. Freight rates for very large crude carriers (VLCCs)…
MSC Jade Sails with MAN's Biggest Engine
The largest and most powerful engine from MAN Diesel & Turbo’s portfolio ever designed and built has entered service. Built by Doosan Engine in Korea and rated at 75…
Statoil’s 50 years to be Recorded
Statoil has decided to launch a large project to write the story about the company for its 50th anniversary in 2022. The University of Oslo has been chosen the main…
MISC Publishes its 2015 Sustainability Report
MISC Berhad (MISC) today announces the publication of its 2015 Sustainability Report, covering the Company’s commitment, strategy and performance for the year ended…
Countdown Begins for Expanded Panama Canal opening
History will be made in Panama on Sunday, June 26, when the first-ever Expanded Panama Canal is inaugurated. The COSCO Shipping Panama will transit through the new locks on this significant day…
Vandermeiren is CEO, Antwerp Port
Jacques Vandermeiren (52) has been appointed CEO of Antwerp Port Authority as of 1 January 2017. He succeeds Eddy Bruyninckx who after 25 years at the head of the…
OSG Joins NYSE "Big Board"
Overseas Shipholding Group, Inc. (NYSE:OSG) (the “Company” or “OSG”) announced today that it has been approved by the New York Stock Exchange (“NYSE”) to transfer…
Admiral of the Ocean Sea Award Recipients Named
The United Seamen's Service (USS) 2016 Admiral of the Ocean Sea Awards (AOTOS) will be presented to Arthur E. Imperatore, Founder and President of New York Waterways…
Orca Energy ESS to Power Fish Farm Support Vessel
Grovfjord Mek. Verksted AS (GMV) has selected Corvus Energy as the supplier of the lithium ion based energy storage system (ESS) for a fish farm support vessel called GMV ZERO.
Terntank's first 15000DWT Chemical Tanker Passes Sea Trials
The first dual-fuel two-stroke engine employing the low-pressure X-DF gas admission technology developed by Winterthur Gas & Diesel (WinGD) has passed the final…
Slowing Shipping Fleet Growth to Ease Officer Shortage
Slowing growth in the size of the shipping fleet will reduce the shortage of officers over the coming years, according to the latest Manning report published by global shipping consultancy Drewry.