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OCEAN TRANSPORT

SeacorHoldings OrderTwo LPG Carriers

Seacor Holdings Inc. (SEACOR) announced  that it has executed an agreement with Hyundai Heavy Industries Co., Ltd. (HHI), through a subsidiary of SEACOR Ocean Transport Inc., for the construction of two Liquefied Petroleum Gas tankers (Very Large Gas Carriers, otherwise known as VLGCs) with expected deliveries in 2014 with an option to purchase up to three additional VLGCs with delivery in 2015.  These vessels will be equipped to meet current and expected environmental and regulatory requirements and feature substantially improved performance and consumption due to a new hull design and the latest generation MAN B&W G-type engines. Seacor anticipates that the new vessels will be managed by Dorian (Hellas) S.A. in a pool together with three VLGCs owned by affiliates of Dorian. Dorian also has an option to acquire or co-invest in up to 50% of the vessels under contract and option with HHI.


Ho Named to LASCO Board

Lasco Shipping Co.’s Chief Executive Officer Kenneth M. Novack announced that Steven T. Ho has joined the Lasco Board of Directors. Ho, President of Fairmont Shipping (Canada) Limited, headquartered in Vancouver, B.C., Canada, joins George Wood and Anthony Gurnee as outside directors of Lasco. “We’re extremely pleased that Steven Ho has joined our Board,” commented Novack, calling attention to Ho’s over twenty-five years of global shipping experience


Quality of Ocean Carriers “Poor to Average”

Image: Drewry Shipping Consultants Limited

 The service provided by container shipping lines is rated as poor to average and has deteriorated in the past year, according to a survey of exporters, importers and freight forwarders conducted jointly by Drewry and the European Shippers’ Council (ESC).   The ESC and Drewry contacted several hundred shippers and forwarders from all over the world in March 2017 and asked them how satisfied they were with 16 price and non-price related attributes of the services provided by


Demand Rising to Keep Stuff Cool on Ocean Voyages

Søren Skou, CEO of container shipping giant Maersk Line is keynote speaker at the 4th Cool Logistics Global conference, 24-26 September in Antwerp, Belgium. Mr. Skou will outline Maersk’s position on the critical actions now needed to sustain the future of global refrigerated transport. Over the past decade and more, expansion of refrigerated container ocean services has underpinned growing world trade in an ever-widening range of perishable commodities


Navy Transport Dock Ship Tests Spacecraft Recovery

Spacecraft Orion recovery trial: Photo courtesy of USN

The first installment of a new and historic partnership between the Department of Defense and National Aeronautics and Space Administration begins as the amphibious transport dock 'USS Arlington' (LPD 24) conducts a stationary recovery test of the Orion crew module while berthed at Pier 12, Naval Station Norfolk. During this test, a waterborne Orion crew module (a 16-foot, four-personnel upgrade of the Apollo capsule, which was half the size and carried a crew of three)


AAL Fleet to Expand, Surpass 500,000 DWT in 2015

  The AAL Bangkok (Photo courtesy of AAL)

  Global ocean transport operator AAL today announced plans to increase the size of its fleet to over 500,000 dwt in 2015.    Comprising owned and chartered vessels, the move will add needed capacity to the multi-purpose sector’s youngest and most advanced fleet, in support of growing global demand, the company said.   The company also announced it had doubled revenues in the past two years


Qatar Navigation (Milaha) Increases Net Profit in H1 2012

Qatar Navigation (Milaha) Q.S.C. announce its financial results for the first half of 2012, ending June 30th. Summary financial results are as follows:     •    Operating revenues of QR 1.164 billion vs. QR 1.159 billion for the same period in 2011, an increase of 0.4% year over year.     •    Operating Profit of QR 320 million vs. QR 300 million for the same period in 2011, an increase of 6.6% year over year.


Two 171 MW Floating Power Plants for Venezuela

Photo courtesy Waller Marine, Inc.

Waller Marine, Inc of Houston, Texas will soon launch and christen what will become the world’s largest floating power generation facility when installed at a designated site in Venezuela. The two power barges, which Waller has under construction at the Signal International Shipyard in Orange, Texas, will be transferred from their land based construction locations to the water during the next few days and christened by Venezuelan dignitaries at a ceremony at the shipyard on August 21


WWH Q3 2013 Results Impacted by Weak Shipping Market

Photo courtesy of Wilhelmsen

Reduced volumes of high and heavy cargo and seasonally lower demand for maritime services negatively affected Wilh. Wilhelmsen Holding ASA (WWH) total income and result in the third quarter of 2013. Current activity level for group entities is expected to continue. Operating profit for the third quarter of 2013 was USD 96 million (USD 260 million) based on a total income of USD 873 million (USD 1 075 million). Income and results for the third quarter of 2012 were positively impacted by a


New MC-275D Flagship Dredge Launched

MC-275D auger dredge (Image: Mud Cat)

 Ellicott Dredge Technologies (EDT) has introduced its new Mud Cat MC-275D as the flagship auger dredge to lead its Mud Cat product line.   The modernized Mud Cat MC-275D is a modular system that offers unique cutting, pumping, and propulsion features at an affordable price, the manufacturer said.   “We designed a dredge system that can work in both hard and soft materials, dredge abrasive material and harvest vegetation, operate at 25 ft. (7


Ocean Conservancy Calls for Clean Arctic

Photo: Ocean Conservancy

 The following statement was issued by Sarah Bobbe, Arctic Program Specialist at Ocean Conservancy, at the conclusion today of the International Maritime Organization’s Marine Environmental Protection Committee meeting where member states supported a proposal to identify mitigation


Maritime Drives Ireland's Blue Economy

Photo:  Irish Maritime Development Office

 Ireland’s marine economy is outperforming Ireland’s general economy according to the latest Ocean Economy Report by the Socio-Economic Marine Research Unit (SEMRU) of NUI Galway, with shipping and maritime transport playing a key role in driving growth.  


MOL-MES Joint Development Next-generation Vessel Monitoring System

Image: Mitsui O.S.K. Lines

 Mitsui O.S.K. Lines (MOL) announced an agreement with Mitsui Engineering & Shipbuilding (MES) to jointly develop next-generation vessel monitoring and support systems for practical applications and commercialization.   Based on the real time data


Malta Hosts European Shortsea Network Meeting

Photo: European Shortsea Network

 European Shortsea Network (ESN) meeting was held in Malta with representatives from 11 European countries at the head office of Malta Freeport Terminals, says a report in Times of Malta.   The presidency of the European Shortsea Network is currently held by Malta which also hosts the


LNG COGES-powered 20,000 TEU Ship Closer to Reality

Computer model of the proposed LNG COGES-powered 20,000 TEU vessel (Image: DNV GL)

A joint industry project (JIP) examining the potential of developing an electric-driven 20,000 TEU ultra large container vessel (ULCV) with an LNG-fuelled combined cycle gas and steam turbine (COGES) electric power plant aims to utilize LNG as a primary fuel for an ultra-low emissions profile


MOL Introduces Autonomous Ocean Transport System

Image: Mitsui O.S.K. Lines

 Mitsui O.S.K. Lines (MOL) has announced that its joint project with Mitsui Engineering & Shipbuilding Co., Ltd. on developing a technological concept for autonomous ocean transport system, was selected by Japan's Ministry of Land, Infrastructure


Canada Rolls Out Oil Tanker Moratorium Act

Infographic: Transport Canada

 The transportation system is something Canadians rely on every day, from getting us to work, or bringing us the products we use in our homes.    The Government of Canada is working to ensure that goods are transported in a safe and responsible way while protecting our marine


DHL Says Ocean Freight Rates at Turning Point

© dbvirago / Adobe Stock

Demand for ocean and air freight has been better than expected this year, with increasing volumes and rates finally improving after years in the doldrums, executives from freight forwarding company DHL, part of Deutsche Post DHL Group, said.


Spot Freight Rates Soar from North Europe to Asia

Photo: Maersk Line

 Spot container freight rates from North Europe to China increased by 45 percent this week, reaching a four-year high.   The “World Container Index assessed by Drewry” market reading on the route from Rotterdam to Shanghai jumped to $1,076 per 40ft dry container today


Port of Oakland Mulls $600m Upgrade

Image: Port of Oakland

 A Port of Oakland executive outlined a $600 million spending plan here today for growth at his West Coast trade gateway.  Maritime Director John Driscoll told a maritime audience that Oakland would increase trade volume by investing in new facilities and better infrastructure


Expedition to Glaciers of Antarctic

Iceberg near Pine Island (Photo Jan Grobys)

How has the West Antarctic Ice Sheet changed in response to alternating warm and cold time periods? And what does it mean for the sea level – today and tomorrow? Pursuing answers to these key questions, 50 researchers on board the Alfred Wegener Institute’s research vessel Polarstern


School of Shipping, INTTRA Team up to Enhance Students' Readiness

Logo

South Africa-based School of Shipping, which offers adults an education in maritime studies specifically relating to importing and exporting, and INTTRA, the world's ocean shipping electronic marketplace, announced a collaboration through which School of Shipping students will make use of INTTRA's


Benchmarking Against Peers Upheld Among BCOs

Image: World Shipping Council

 International transport and logistics executives are increasingly benchmarking their companies’ costs and supplier terms in ocean transport contracts, according to data gathered by Drewry Supply Chain Advisors.   In the past 6 months


Cosco Rolls Out Largest Semi-Submersible Ship

Photo: COSCO

 Breakbulk carrier COSCO Shipping has rebranded as COSCO Shipping Special Transport and launched its largest semi-submersible vessel to date, the Xin Guang Hua, reports Xinhua News Agency.   Xin Guang Hua, capable of carrying 100,000 tonnes of cargo


Cargo Ship Crew Awarded for Heroism at Sea

Capt. Chris Hill from the Intermarine Fleet accepting the Admiral of the Ocean Sea (AOTOS) Mariner’s Plaque during the annual United Seamen’s ‘s Services (USS) Annual Gala Event (Photo courtesy of Crowley)

Officers and crewmembers of the Crowley Maritime Corp.-managed cargo ship M/V Ocean Glory were recently honored with a 2016 Admiral of the Ocean Sea (AOTOS) Mariners’ Plaque for demonstrating heroism at sea during the United Seamen’s Service’s (USS) annual AOTOS awards ceremony






 
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