Coast Guard Rescues 10 from Disabled Cargo Ship
The U.S. Coast Guard picked up 10 crewmembers who had been stranded at sea for nearly three weeks after their cargo ship became disabled approximately 1,380 miles southeast of Bermuda."We were conducting a law enforcement patrol near Puerto Rico when we were assigned to assist the crew of the motor vessel Alta,” said Cmdr. Travis Emge, the commanding officer of the Coast Guard Cutter Confidence. “We traveled over 1…
Caterpillar Marine Rolls Out New Azimuth Thrusters
Caterpillar Marine announced that its latest generation of azimuth thrusters, the new MTA v3, is now on the market.The MTA v3 lineup currently covers the entire Cat 3500 range with the MTA 524, 627 and 628 from a power range of 1,500-2,525kW. It provides the large savings in maintenance costs, lower maintenance and service risks, and simple FiFi installation, the manufacturer said.“The addition of…
Yangzijiang Shipbuilding, Mitsui in Shipbuilding JV
A Japanese and a Chinese shipbuilding group have today signed a joint venture, set to start in April 2019, to build and sell merchant ships. Mitsui E&S Shipbuilding Co., Ltd. (Head Office: Tokyo, President and CEO: Tetsuro Koga), in partnership with Yangzijiang Shipbuilding (Holdings), Ltd. (Head Office: Jiangsu Province, Chairman: Ren Yuanlin) and Mitsui & Co., Ltd. (Head Office: Tokyo, President and CEO: Tatsuo Yasunaga)…
Hurricane Michael Races Northeast, Leaving Devastation in Florida
Hurricane Michael, the third most powerful storm ever to strike the U.S. mainland, headed northeast on Thursday, weakened but still set to soak Georgia and the Carolinas after devastating the Florida Panhandle.By 6 AM on Thursday, heavy rain and wind had reached as far north as Charlotte, North Carolina and the Western North Carolina mountains. The center of the storm was located over Augusta, Georgia, moving north rapidly at more than 20 MPH in a north / northeast heading.
Stena Bulk Forms Chemical Tanker JV with Bay Crest Management
Golden-Agri Stena, a joint venture between Sweden based tanker shipping company Stena Bulk and Indonesia’s largest palm oil producer Golden Agri-Resources, has started a new joint venture with Japan's Bay Crest Management for the the operation and commercial management of chemical tankers.The new joint venture, GSB Tankers, will commence operation on January 1, 2019, managing 18 chemical tankers to start…
ABB’s Next Generation DP System
Your marine pilot of the future, here today.At this year’s SMM trade event in Hamburg, Germany, industrial digital technology specialist ABB introduced what could be the future of dynamic positioning, not just for traditional DP users, but also for the full spectrum of navigation tasks. ABB Ability Marine Pilot Control is a next-generation dynamic positioning (DP) system that simplifies ship maneuvering with an intuitive touch screen-based user interface and enables safer…
EPA: VGP Will Not be Reissued This Year
The EPA has provided updated advice on the reissuance of the U.S. Environmental Protection Agency's National Pollutant Discharge Elimination System (NPDES) Vessel General Permit (VGP).The 2013 VGP will not be reissued prior to its December 18, 2018 expiration date, but will be administratively continued and remain in effect until a new permit is issued. Owners/operators of vessels operating under the…
New Seafarer Training Center Opens in Phuket
Galileo Maritime Academy has this month announced the completion of its new architect designed professional crew training center and crew residence in Phuket, Thailand.The “T” shaped buildings comprise state-of-the-art training and recreation rooms, a seafarer medical center, a culinary arts and hospitality school, a three meter deep survival training pool and first class accommodation for 30 students.This central complex is located just above Yacht Haven Marina…
Saam Smit Towage Adds Escort Tug Duo
Saam Smit Towage Canada (SST Canada) has purchased two new RAstar 3200 escort tugs from Hong Kong’s Cheoy Lee Shipyards.SST Grizzly and SST Orca, which are designed by Robert Allan Ltd, has departed Cheoy Lee’s Hin Lee shipyard, will arrive Vancouver in early November of this year.The two new escort-rated tugs will join SST Canada’s fleet and begin operations in the southern waters of British Columbia.
Lady Washington Opens for Public Visit
Tall Ship Lady Washington will be docked at Jack London Square at the foot of Broadway, Saturday and Sunday, informed a press release from Port of Oakland.Visitors can experience maritime history by taking a vessel tour for a small donation to the floating museum. There are also ticketed sailing trips on San Francisco Bay.Lady Washington was built in Aberdeen, Washington, by the Grays Harbor Historical Seaport Authority and launched in 1989.
FLEX LNG Orders Five LNG Carrier Newbuilds
Flex LNG, the shipping company controlled by billionaire John Fredriksen, is entering into a transaction for the acquisition of five 5th generation LNG newbuildings comprising three MEGI LNG carriers and two X-DF LNG carriers.According to a release from the shipping company, that owns and operates LNG carriers, and floating storage and regasification units, the MEGI LNG carriers are currently under construction at Daewoo Shipbuilding and Marine Engineering Co. Ltd.
Optimism in Multipurpose Shipping: Drewry
Surging growth in renewable energy generation around the world and a construction boom in South East Asia that is expected to run for the next 10 years bode well for the once ailing multipurpose shipping fleet.In the latest edition of Drewry’s Multipurpose Shipping Forecaster report we declare that we remain cautiously optimistic on the outlook for the sector. There are some caveats to this optimism as global general cargo demand is forecast to grow at a rate of just 2% per year to 2022…
Vietnam to Build Two Terminals in Lach Huyen Port
Vietnam National Shipping Lines (Vinalines), the state-owned marine transporter, won approval recently to build two large container terminals at Lach Huyen Port in northern Hai Phong City in a 7 trillion dong ($302 million) project.According to Nguyen Canh Tinh, director of the state-run Vietnam National Shipping Lines (Vinalines), said its subsidiary, Haiphong Port JSC, would build terminals No.3 and No.4 at the port.He said the Haiphong Port JSC used to work mainly at Hoang Dieu terminal…
Scorpio Bulkers Invests $100 mln in Scorpio Tankers
Scorpio Bulkers has agreed to invest $100.0 million in a related party, Scorpio Tankers. The investment is part of a larger $300.0 million equity raise through a public offering of common shares by Scorpio Tankers announced yesterday (October 10). As a result of this investment, the Company will own approximately 54.1 million, or 10.9%, of Scorpio Tanker’s issued and outstanding common shares. The…
Marine Lubricants Market to Reach USD 3.3 Bln by 2024
The global marine lubricants market is anticipated to expand a robust CAGR of 4.17% during the forecasts period 2016 - 2024, says a study.According a recent study done by Transparency Market Research marine lubricants market which was valued US$2.3 bn is predicted to touch US$3.3 bn by the end of assessed period.On the basis of type of product, the global marine lubricants market is segregated into bio-based oil, mineral oil, and synthetic oil.
Star Bulk Carriers Adds MV Star Bright to its Fleet
Athens, Greece-based Star Bulk Carriers Corp took delivery of the first of the three firm dry bulk vessels, the ER Brighton, renamed to Star Bright, from an entity affiliated with E.R. Capital Holding GmbH & Cie. KG.The global shipping company focusing on the transportation of dry bulk cargoes announced that, the delivery is in pursuant to the previously announced transaction of August 28, 2018. The Vessel was acquired for a combination of cash and shares.
Maersk Drilling Wins Semi-Submersible Rig Contract Offshore Timor-Leste
Maersk Drilling signed on semi-submersible rig Mærsk Deliverer with Eni for exploration well offshore Timor-Leste.Maersk Drilling and Eni JDPA 11-106 B.V. (Eni) as operator of the JPDA 11-106 Joint Venture have signed a one-well contract for the semi-submersible rig Mærsk Deliverer for exploration drilling in the Timor Sea.The estimated duration of the firm contract is two months, expected to commence in March 2019.
HHI to Build FPS for LLOG Exploration
South Korean shipbuilder Hyundai Heavy Industries (HHI) has been awarded a contract to build a floating production system(FPS) for LLOG Exploration of the U.S..HHI, the world's biggest shipbuilder by orders, said in a stock exchange announcement that the offshore facility order is worth $454 million from the Louisiana-based, privately-held LLOG Exploration.The floating production storage and offloading…
Ancient Shipwrecks Found in Greek Waters Tell Tale of Trade Routes
Archaeologists in Greece have discovered at least 58 shipwrecks, many laden with antiquities, in what they say may be the largest concentration of ancient wrecks ever found in the Aegean and possibly the whole of the Mediterranean.The wrecks lie in the small island archipelago of Fournoi, in the Eastern Aegean, and span a huge period from ancient Greece right through to the 20th century. Most are dated to the Greek…
Port Condition Zulu Set for North Carolina Ports
The Captain of the Port for North Carolina set Port Condition Zulu for the Ports of Morehead City and Wilmington at 3 a.m., Thursday, due to winds from Hurricane Michael.Port Condition Zulu is a dangerous condition in which tropical storm force winds are possible within 12 hours. In Port Condition Zulu the port is closed, and all port operations are suspended. In the messy wake of Florence, North Carolina's…
