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LONG WEEKEND

Pacific Panamax Rates Remain Steady

Freight rates for panamaxes trading the Pacific remained firm due to a flurry of business ahead of the Lunar New year, shipbrokers said on Tuesday. In the Far East, owners of larger panamax sizes have been negotiating firm returns recently and continue to do so. Chinese charterers told shipbrokers that business there will grind to a halt between January 24 and 30 in observance of the Lunar New Year celebrations. Brokers added that the impending holiday will start to affect the panamax markets by the end of the week and added that demand during the following week could be limited. Meanwhile, despite a firmer tone in the Atlantic panamax sector, many shipbrokers believe that in the near term, the sector will be at best steady, due to a recent sentiment that Atlantic rates could see a revival was based more on optimism than fact. Brokers pointed out that only limited orders were emerging in the U.S. Gulf due to a long weekend in the U.S. and saw no reason to hint that rate trends would change sharply for the better. However, severe weather patterns on Atlantic trading routes could cause disruption and delays in the weeks ahead for the panamax market, thus pushing rates up on a positional basis, brokers added. The Baltic Panamax Index saw fractionally better rates for Atlantic trades on Tuesday, hinting the sector is tending towards a more stable position.


Panamax Trades Firm

Freight rates for Panamaxes trading the Pacific remained firm due to a flurry of business ahead of the Lunar New year, shipbrokers said on Tuesday. In the Far East, owners of larger Panamax sizes have been negotiating firm returns recently and continue to do so. Chinese charterers told shipbrokers that business there will grind to a halt between January 24 and 30 in observance of the Lunar New Year celebrations. Brokers added that the impending holiday will start to affect the Panamax


USCG Issues High Water Warnings

The U.S. Coast Guard issued a safety travel advisory for sections of the upper Mississippi and Missouri rivers due to rising water levels near St. Louis. The Coast Guard said barges traveling on the upper-Mississippi River near Alton, Illinois, to Cape Girardeau, Missouri, (mile markers 205.0 to 55.2) and on the Missouri River near St. Louis (mile markers 0.0 to 150.0) were advised to watch for sudden changes in river conditions over the next several days.


SF Bay Ferry's Re-schedule After BART Strike Ends

Image courtesy of SF Bay Ferry

With the ending of the BART workers' strike, SF Bay Ferry say they were pleased to do their part, having carried triple the number of commute passengers. Boats carried more than 54,000 passengers‹triple their pre-strike daily average. Below is a cumulative overview of total SF Bay Ferry ridership from July 1-3, 2013. UPDATED SCHEDULE: This weekend, July 6 and 7, SF Bay Ferry will be running regular weekend service between Vallejo and San Francisco


San Francisco Ferry Plans for Possible Transit Strike

Photo: SF Bay Ferry

With the announcement that BART Unions and BART management have requested an extension of their negotiations for another day, the SF Bay Ferry will continue with its regular weekday schedule Wednesday, October 16. If a partial day midday strike occurs, San Francisco Bay Ferry will operate its strike schedule for the whole day and will return to its regular schedule the next morning. Weekend BART strike service will be provided to/from the Vallejo, Oakland


Long Beach CEO Expects Port Cutbacks This Weekend

Jon Slangerup (Photo courtesy of the Port of Long Beach)

Shipping lines are expected to curtail cargo operations at U.S. West Coast ports again this weekend amid stalled labor talks between the companies and the union representing 20,000 dockworkers, the chief executive of the Port of Long Beach said on Wednesday.   "This weekend is going to be yet another limited operating weekend, just like last weekend was," Long Beach port CEO Jon Slangerup said in an interview with Reuters in New York


LRAD Deployment Thwarts Pirate Attack

American Technology Corporation (ATC) (NASDAQ:ATCO), announced that its LRAD 1000X directed sound system was used by the Japanese Maritime Self-Defense Force to help prevent a pirate attack on a Singaporean tanker off the coast of Somalia on the weekend of April 4. Responding to a distress call from the tanker, a Japanese destroyer used LRAD’s powerful voice commands to identify itself and warn the pirates away.


SSV Oliver Hazard Perry Scheduled for Newport Appearance

Recent aft view of the hull of SSV Oliver Hazard Perry at Senesco Marine in North Kingstown, R.I. (Photo Credit Rod Smith)

Fundraiser, dedication ceremony and public visits to highlight ship’s visit over July 4 weekend. It’s not just Rhode Island but the whole of North America that is watching as the SSV Oliver Hazard Perry becomes a reality. The 196-foot, three-masted, square rigged tall ship, currently under construction and designated by the legislature and the Governor of Rhode Island as the state’s official “Sailing Education Vessel


San Francisco Bay Ferry Strike Service in Effect

With the announcement that the BART Strike is on, the SF Bay Ferry has implemented increased service on most routes. Enhanced service will begin with a 5 a.m. Vallejo departure to San Francisco on Friday, October 18. See sanfranciscobayferry.com for all BART strike schedules.   The BART strike service schedules will be in effect until BART formally announces the strike is called off. If a partial day mid-day strike occurs


Boat Migrant Found Dead in Mediterranean, 354 Rescued

Rescuers found one migrant dead and saved 354 on a fishing boat in rough seas near the southwestern shore of Italy, the coast guard said on Monday.   The body was found on Sunday night, adding to the weekend's Mediterranean death toll after 49 people were found dead, probably from suffocation, on an overcrowded fishing boat.   Two Italian coast guard ships, a Croatian coast guard vessel deployed under the European Union's Triton maritime mission and a merchant ship carried out


IEEE Honors Retlif Testing Laboratories

Top row left to right: Owen W. Watford, Business Development Mgr.; Walter A. Poggi, President; William K. Hayes, Executive Vice President; Mike Hull, Environmental Laboratory Supervisor; Ron Hull, EMI Laboratory Supervisor. Bottom row left to right: Scott Poggi, Director of Operations; Raymond Daugherty, Sales Consultant; Donald Dwyer, Security Officer; Donald Lerner, EMC Test Engineer (Photo: Retlif)

Independent Electromagnetic Compatibility testing (EMC) and Environmental Simulation testing (ESS) company Retlif Testing Laboratories said it has received an award from technical professional organization the Institute of Electrical and Electronics Engineers (IEEE). 


More than 120 Migrants Feared Dead after Boat's Motor Stolen

More than 120 migrants are feared to have died at the weekend when the motor of their boat was stolen, causing it to sink, the International Organization for Migration (IOM) said, citing testimony from survivors brought to Italy.   Two Sudanese men who arrived with around 1


Madrid Maersk Call at Antwerp Port Sets New Record

Photo: Port of Antwerp

 The Madrid Maersk, the largest container carrier ever to call at the port of Antwerp, moored in the Deurganck dock on 9 June.    This record-breaking ship with a capacity of 20,568 TEU unloaded 3,000 containers and loaded another 4,000 in the port of Antwerp in just 48 hours


Search Continues after Colombia Tourist Boat Accident

Rescue workers searched on Monday for 13 people believed to be missing after a tourist boat sank the previous day in a reservoir in north-central Colombia, killing seven.   The cause of the accident was still unclear, officials said. Use of the Penol-Guatape reservoir


May LNG Cargo Prices Fall on Waning Demand

File Image: a typical LNG carrier at sea (CREDIT: MISC)

Asian spot LNG prices edged lower this week amid thin trade for May cargoes and as focus shifts towards June supplies.   Spot prices for May delivery of LNG in Asia fell by 35 cents to $5.40 per million British thermal units (mmBtu), as interest for May cargoes weaken because most end-users


Warship Open Day in Cairns

HMAS Parramatta fires its 5 inch gun onto Lancelin Range as part of a naval gunfire support serial during Exercise Ocean Explorer 17. Photo: Royal Australian Navy

 The people of Cairns will have a rare opportunity to tour HMAS Parramatta comes alongside Trinity Wharf and opens its gangway to the public on Monday, 17 April, says a press release of Royal Australian Navy.   One of the sailors who will be on board to show people around is former


FMC's Mario Cordero to be POLB Executive Director

Mario Cordero. Photo: Port of Long Beach

 The Long Beach Board of Harbor Commissioners is all set to name Mario Cordero, a former chairman and current member of the Federal Maritime Commission(FMC), as the Port of Long Beach’s (POLB) new Executive Director.   Cordero, a Long Beach resident and attorney


Nearly 9,000 Med Migrants Rescued over Weekend

Nearly 9,000 mainly African migrants were rescued in the Mediterranean this past long weekend after being put by smugglers in Libya onto unseaworthy boats heading toward Italy, U.N. aid agencies said on Tuesday.   The migrants, many from Nigeria and Senegal with some from Bangladesh


Low Water hinders Rhine, Danube River Shipping

File Image: A typical Danube River pushboat and barge arrangement. (CREDIT: AdobeStock / (c) digitalstock)

Water levels on the Rhine and Danube in Germany remain low despite recent rain and freight vessels cannot sail fully loaded on the German sections of the rivers, traders said on Tuesday.   The Rhine is too shallow for normal sailings south of Duisburg and Cologne to Switzerland, traders said


Iraq's Oil Exports Fall in April Amid Port Work, OPEC Cut

Oil shipments from Iraq's southern terminals have fallen so far in April, according to loading data and an industry source, reflecting a temporary drop in export capacity and Iraqi efforts to comply with OPEC production cuts. OPEC's second-largest producer has curbed output this year as part of


Weaker Vessel Rates Weigh on Baltic Index

© Eugene Sergeev / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the tenth straight session on Tuesday, hurt by weaker rates across all vessel segments. The overall index, which factors in rates for capesize, panamax


Sri Lanka Denies Chinese Request for Sub Visit

Sri Lanka has rejected China's request to dock one of its submarines in Colombo this month, two senior government officials said on Thursday as the Indian prime minister landed in the island nation.   Sri Lanka last allowed a Chinese submarine to dock in the capital of Colombo in October


Ships Combine for Moreton Anniversary

HMAS Darwin glides up the Brisbane River during a recent port visit. Photo: Royal Australian Navy.

 In the middle an intense training and systems check period, HMAS Darwin slipped into the Brisbane River and berthed across from Navy’s home in southern Queensland, HMAS Moreton.   The frigate’s arrival in Brisbane coincided with the first anniversary since the local base


Dozens of Migrants Rescued from Burning Rubber Dinghy

Dozens of migrants were rescued at the weekend after jumping from a rubber dinghy that had burst into flames as they tried to get to Spain across the Mediterranean Sea. A Portuguese Air Force plane spotted the boat and managed to save all 34 migrants with the help of the sea rescue service from


New Modular Approach for Scrubber Retrofits

Stena Scotia - artist impressions (Photo: DGS)

Damen Green Solutions (DGS) in partnership with Damen Shiprepair & Conversion (DSC) and AEC, the scrubber supplier, is trialling a new technique for retrofitting scrubbers.   Designated the Modular Approach, this new process is designed to cut the time that a vessel typically needs to






 
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