Oil Spill at Port of Los Angeles
The U.S. Coast Guard is investigating a report of an oil spill in the Los Angeles Harbor, Thursday morning. Watchstanders at Coast Guard Sector Los Angeles/Long…
Obama Calls on China to 'Peacefully' Address South China Sea
U.S. President Barack Obama urged China to peacefully resolve its maritime disputes with neighboring countries and to maintain freedom of navigation in the region, a reference to the ongoing dispute in the South China Sea, the White House said in a statement on Friday. In talks with Chinese President Xi Jinping alongside the Nuclear Security Summit on Thursday, Obama discussed U.S. support for human rights in China and called for the ability of companies to be able to compete fairly in China…
Baltic Index Boosted by Better Big Vessel Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains on Friday, helped by higher rates for bigger vessels.
Smugglers Use Facebook to Advertise Boat Trips to Italy After EU-Turkey Deal
Smugglers based in Turkey are offering to take migrants to Italy instead of Greece where they are likely to be deported under a deal between the Ankara government and European Union…
Maritime Museum Moving to Port of Houston
Niels Aalund, Chairman of the Houston Maritime Museum, announced plans for the museum’s new home located at the Turning Basin at the Port of Houston. “Expanding the current museum and moving to the Port of Houston will allow us to better fulfill our mission,” Aalund said. Features of the new 38,000-square-foot maritime museum include a high tech interactive touch wall, extensive exhibit halls, classrooms…
SUNY Maritime Students Fundraise for Cancer Research
Research for finding cures to childhood cancers got a little help from SUNY Maritime College students last week. A group of students raised more than $5,500 for St. Baldrick’s Foundation, a charity that funds childhood cancer research. One evening last week, more than 20 young men lined up in the barbershop to shave their heads. Since during their first year at the college, all male members of the regiment of cadets…
Lockheed, Austal Win U.S. Navy LCS Awards
Lockheed Martin Corp and Australia's Austal have each won contracts worth up to $564 million to build one Littoral Combat Ship (LCS) for the U.S. Navy, the U.S.
Asia-N.Europe Box Rates Jump 37 pct
Shipping freight rates for transporting containers from ports in Asia to Northern Europe soared 37.2 percent to $339 per 20-foot container (TEU) in the week ended on Friday…
Asia Tankers-VLCC Rate Direction Uncertain
MidEast VLCC rates rise by more than $24,000 per day; China and Saudi Arabia fuel chartering surge. Freight rates for very large crude carriers (VLCCs), which hit a two-week high on Thursday…
USN Awards Austal Contract for LCS 26
The U.S. Navy has modified Austal USA’s Littoral Combat Ship (LCS) block-buy contract to include an eleventh ship, LCS 26, the Navy announced today. LCS 26 will be the 13th Independence-variant Littoral Combat Ship built by Austal. “The Austal LCS team has demonstrated exceptional work in providing an affordable sea frame that is not only capable of meeting the Navy’s needs of today but extremely capable of meeting future requirements,” Austal USA President Craig Perciavalle said.
Navy to Christen Guided Missile Destroyer
The Navy will christen its newest Arleigh Burke-class destroyer, Ralph Johnson (DDG 114), Saturday, April 2, during a 10 a.m. CDT ceremony at Ingalls Shipbuilding in Pascagoula, Mississippi.
MacGregorto Optimize Cargo Handling for 5 Container Ships
MacGregor, part of Cargotec, has received an order to provide loose lashings for five 10,500 TEU Hapag-Lloyd container ships under construction in South Korea by Hyundai Samho Heavy Industries.
SHI Delivers Gaslog Greece
GasLog Ltd. an international owner, operator and manager of liquefied natural gas ("LNG") carriers, announces the delivery of the GasLog Greece. The GasLog Greece…
V-Ships, Empros Team Up on Bulk Carrier Management
V.Ships, part of the V.Group, has entered into a partnership with Empros Lines to create a dedicated bulk carrier management cell in Greece. The cell will be staffed…
Philippines to Acquire Subs Amid China Sea Row
Philippines government is looking into forming a submarine force to strengthen maritime defense amid China's expansive claims over the South China Sea. President…
MSC Introduce 'Lone Star Express' and 'Amberjack' to the Transpacific Trade
Swiss headquartered Mediterranean Shipping Company (MSC) has announced two new services alled the ‘Lone Star Express’ which will operate between Asia and the US Gulf.
COSCO orders 10 Valemaxes from CSSC
China Cosco Shipping Group has inked a contract with China State Shipbuilding Corp to build 10 valemaxes. The contract was signed on Thursday. The giant bulk carriers…
MS Europa 2 in Sharjah
International cruise liner MS Europa 2 reached the Khorfakkan Port with more than 500 tourists on board. The luxury liner is the latest making a cruise call at the emirate's east coast ports…
Dynagas Clinches New Time Charter Contracts
Dynagas LNG Partners, the owner and operator of LNG carriers, has signed an extension and two new charter deals with Gazprom for the 2007-built Ob River until May 1, 2018. In addition, the Partnership has entered into a new long-term time charter agreement with Gazprom Marketing and Trading Pte. Ltd., an affiliate of Gazprom, for the Ob River, which is expected to commence immediately following the vessel's redelivery from its current charter with Gazprom…
Petrobangla, Excelerate Energy Deal for LNG terminal
Petrobangla has signed an agreement with Excelerate Energy Singapore Pte Ltd to establish a floating storage and re-gasification unit (FSRU) at Maheshkhali to facilitate…