IMO Confirms No-Go Yet for BWM Convention
Criteria for entry into force of BWM Convention not yet reached – further ratifications needed. Insufficient tonnage to trigger entry into force despite recent ratifications…
What is the Scrapping Potential of the Crude Fleet?
Tanker owners are currently doing fairly well, certainly compared to their colleagues in the dry bulk market, says a reserach report from Poten & Partners. However…
Port of Rotterdam Sets Record Throughput in 2015
The Port of Rotterdam reported record volumes 466.4m tonnes in 2015 boosted by increased oil trade. Goods throughput in Rotterdam increased by a total 4.9%. “Low…
Algoma Signs JV with Nova Marine for Global Cement Carrier Fleet
Canada-based Algoma Central Corporation has signed a joint venture (JV) agreement with Nova Marine Holding of Luxembourg to establish a fleet of cement carriers…
Chief of Naval Research Helps Steer New Tech for the Fleet
When discussing the Navy’s top science and technology (S&T) priorities with military, government and industry leaders, Chief of Naval Research Rear Adm. Mat Winter reflected on his college days at the University of Notre Dame. “When I graduated from Notre Dame 30 years ago, many of the things that the Navy had in the ‘petri dish’ back then, so to speak, are being used today throughout the fleet,” said Winter. On Jan.
Israeli finds Another Large Offshore Gas Field
An Israeli exploration group reported on Sunday it has discovered another large natural gas field off Israel's Mediterranean coast. The group, led by Isramco Negev and Modiin Energy…
TUI Cruises Launches Mein Schiff 5
Six months to the day ahead of the naming ceremony, Mein Schiff 5 was launched today at the Meyer Turku Oy shipyard. Following a construction period of 14 months…
SwissMarine Hires Diana's Capesize Bulker
Diana Shipping Inc. today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with SwissMarine Services S.A., Geneva…
BWM Convention - Further Ratifications Needed
Following the spate of ratifications in November 2015 of the Ballast Water Management (BWM) Convention, IMO and partner IHS Maritime & Trade have been engaged in…
USNS Carson City Christened
Austal celebrated the christening of Expeditionary Fast Transport USNS Carson City (EPF 7) with a ceremony this morning at its state-of-the-art shipyard here. USNS…
ESG Delivers Tractor Tug to Bisso Offshore
Eastern Shipbuilding Group (ESG) delivereed the Reverse Tractor Tug Archie T. Higgins to Bisso Offshore, LLC in late 2015. Upon arrival in Louisiana and at the mouth of the Mississippi River, the vessel went right to work escorting its first ship northbound to New Orleans. The vessel names honors Archibald (Archie) Thomas Higgins, Jr., who passed away earlier this year. Higgins helped lead the company’s operations from 1973 until 1995. Higgins also served on the Board of Directors of E.N.
Austal Delivers U.S. Navy Ship
Austal USA delivered the nation’s sixth Expeditionary Fast Transport vessel, USNS Brunswick (EPF 6), to the U.S. Navy here Jan. 14, 2016. The Expeditionary Fast Transport (EPF) program, formerly named the Joint High Speed Vessel (JHSV) program, provides the Navy with a high-speed intra-theater transport capability. The Brunswick is a 338-ft. long aluminum catamaran capable of transporting 600 tons 1…
USCG Helps Release 130 Sea Turtles
The Coast Guard assisted with the release of 130 sea turtles Thursday into Gulf Stream waters off the Outer Banks. The crew of the Coast Guard Cutter Cushing, along with their family members…
Medeiros Elected Member of UNCLOS Tribunal
Mr Antonio Cachapuz de Medeiros was elected today at a Special Meeting of States Parties to the United Nations Convention on the Law of the Sea in New York. The…
Ice Restrictions Enforced in Sweden
Restrictions may vary.
Port Dues Concession for Box Ships at Singapore
In light of the current shipping downturn and to demonstrate the government’s commitment to maintain Singapore as a global hub port, MPA will grant an additional…
Long Beach Tops 7 Mln TEUs
Propelled by six consecutive months of rising cargo volumes in the final two quarters of 2015, the Port of Long Beach recovered from systemic congestion and cargo…
Petrobras Average Daily O&G Output Rose 4.3% in 2015
Oil and natural gas output at Petróleo Brasileiro SA rose 4.3 percent last year, the second annual increase after two years of declines, as long-delayed offshore production systems came on line.
Two Cargoes of Argentine Wheat Due to Arrive in U.S.
Two cargoes of Argentine wheat were scheduled to arrive at port in Wilmington, North Carolina, shipping data showed on Friday, indicating a rare situation where U.S.
U.S. Drillers Cut Rigs to Lowest Number in Almost 6 Years
U.S. energy firms this week continued to cut the number of rigs drilling for oil to the lowest in nearly six years, data showed on Friday, suggesting drillers were…
