Port of L.A. Container Volumes up for December
The Port of Los Angeles has released its December 2013 cargo volumes. December overall volumes increased 11.09 percent compared to December 2012. The increase is due in part to shippers moving cargo in advance of the Chinese New Year, which this year falls on January 31. Imports increased 8.63 percent, from 296,874 Twenty-Foot Equivalent (TEU) containers in December 2012 to 322,500 TEUs this December.
Spill Forces Channel Closure at Corpus Christi
The Harbor Master's office at the port of Corpus Christi stopped ship traffic at approximately 8:30 a.m. today, January 15, due to a spill at the Bulk Material Dock No.2.
Philippine Coast Guard Recover Cadaver of Overboard Crewman
The personnel of Coast Guard Sub-Station (CGSS) Olutanga have retrieved the cadaver of a crewman who fell overboard from MV Evert Sweet last Saturday, January 11.
VLCC Luxembourg Sold, to Undergo FPSO Conversion
Euronav NV today announced that it has sold its oldest double-hulled VLCC Luxembourg (1999 – 299,150 dwt), for $28 million (USD). The vessel is wholly owned by Euronav. The capital gain on that sale of about $6 million will be recorded at delivery. The net cash proceeds available to Euronav after the mandatory repayment of its debt obligation will be $5 million. The vessel is foreseen to be delivered to its new owner between May 1…
Omnibus Bill Boosts Funding for USACE Projects
Upon review of the Consolidated Appropriations Act of 2014, Waterways Council, Inc. (WCI) is pleased with the FY 2014 Energy & Water Development Appropriations funding level of $5.467 billion, a $748 million increase over the FY 2013 post-sequester enacted level. Within the Civil Works budget, the Construction General Account receives $1.656 billion and provides $163 million for the Olmsted Lock and Dam project.
Malta Opens Investigation into Libya Tanker Incident
The Maltese Government and Transport Malta said they are are investigating the alleged accident involving the Malta registered ship MT Baku, in international waters, off the coast of Libya.
Maritime Reporter @ 75: The Daily Cartoon
Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners, ship and boat builders, naval architects and marine engineers. Today Maritime Reporter heads a group of four print and 10 websites serving the global maritime, offshore and subsea sector.
EBDG Designs Tank Barge for Maxum Petroleum
The Seattle office of Elliott Bay Design Group (EBDG) today announced the completion of a new 15,000-barrel tank barge design package for Maxum Petroleum, Inc. Designed to balance performance with fabrication cost, the new 15,000-barrel tank barge features a state-of-the-art tankerman's office, recessed machinery space aft for improved visibility, a dimensionally identical cargo tank, plus bulkhead stiffener and plate seams arranged to maximize material usage and simplify fabrication.
DSNS Cuts Steel for Indonesian Navy Frigate
In June 2012, the Ministry of Defense of Indonesia and Damen Schelde Naval Shipbuilding (DSNS) signed the contract for the first SIGMA 10514 Perusak Kawal Rudal (PKR) Frigate. In accordance with the agreed planning for the construction of this frigate, the Steel Cutting Ceremony took place simultaneously on 15 January 2014 at PT PAL (Persero) Shipyard in Surabaya (Indonesia) and DSNS in Vlissingen (the Netherlands). DSNS will build two modules and subsequently ship them to the yard in Surabaya.
V.Ships Signs with Spill Center for Global Vessel Spill Support
Spill Center, a North American leader in environmental claims management and emergency response support for transportation clients at risk for releases of hazardous materials…
Silver Ships to Build 36 Navy Boats over Five Years
Silver Ships, Inc. was awarded an Indefinite Delivery Indefinite Quantity (IDIQ) contract to provide the U.S. Navy with the follow on variant of the 11-meter Naval…
Georgia Ports Authority wins EPA Award
Christopher Grundler, director, office of transportation and air quality for the U.S. Environmental Protection Agency and Stan Meiburg, acting regional administrator for the EPA’s Southeast Region…
Doyle Votes for Additional Information from G6 Parties
Citing consumer interests, U.S.-flag international fleet, small businesses, suppliers and third parties such as terminals, vendors and bunker operators, Doyle submits additional questions to the G6 parties. Federal Maritime Commissioner William P. Doyle voted to approve a request for additional information from the filing parties to the G6 Alliance Agreement. Now approved by a vote of the Commission, this request has stopped the 45-day regulatory waiting period.
MES Delivers 66,000 DWT Bulk Carrier
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 66,000 dwt type bulk carrier M.V. Draftslayer (MES Hull No. 1878) at its Tamano Works on 15th January, 2014 to Kinissis Navigation E.N.E./Niovis Shipping Co., S.A., Greece. This is the second ship of the "wide beam shallow draft vessel" called "neo66BC", the new generation ship of our line up "neo series".
GTT Opens U.K. Branch Office
GTT opened a U.K. branch office to continue providing the LNG Industry with additional services and support. GTT said it plans to utilize its expertise and experience…
Today in U.S. Naval History: January 15
Today in U.S. 1865 - In largest amphibious operation of war, Union forces capture Ft. Fisher, Wilmington, N.C., by joint amphibious force. 1997 - Navy physician Capt. Jerry Lineger joined the crew of the MIR space station after being launched on Atlantis during space Shuttle Mission STS-81. Prior to the mission, he was trained at the Cosmonaut Training Center in Star City, Russia for over a year. For more information about naval history…
Hypertherm is Now Fully Employee-owned
Hypertherm, a U.S. based manufacturer of plasma, laser and waterjet cutting systems, has announced the transfer of all its common stock into an Employee Stock Ownership Plan (ESOP), making the company 100 percent employee owned under an S-Corporation structure. Previously, Hypertherm’s ESOP, known internally as the Hypertherm Stock Ownership Plan or HSOP, held approximately one-third of the company’s stock.
IMB: Somali Pirate Clampdown Caused Piracy Decline
Piracy at sea has reached its lowest levels in six years, with 264 attacks recorded worldwide in 2013, a 40% drop since Somali piracy peaked in 2011, the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) said. Just 15 incidents were reported off Somalia in 2013, down from 75 in 2012, and 237 in 2011. IMB’s annual global piracy report shows more than 300 people were taken hostage at sea last year and 21 were injured, nearly all with guns or knives.
Intelsat Announces Preferred Stock Dividend
Intelsat S.A., a provider of satellite services, has announced a quarterly cash dividend of $0.71875 per share, to be paid to holders of its 5.75% Series A Mandatory Convertible Junior Non-voting Preferred shares, in accordance with the terms of the preferred shares. The dividend will be paid on February 3, 2014, to holders of record as of January 15, 2014.
Wells, Georgiopoulos to Keynote HACC/NACC Ship Conference
The conference committee of the 20th annual Hellenic-American and Norwegian-American Chambers of Commerce conference, often called the New York Shipping Conference, announced today the luncheon keynote speakers will be and George Wells of Cargill and Peter Georgiopoulos. Entitled “Today’s Vision- Tomorrow’s Reality”, the conference will present a Macro Shipping and Economic Overview, a look at Shipping 2020…
