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Ocean Shipholdings

Ocean Shipholding Security Ops Agreement

The Maritime Administration has approved the award of a new Maritime Security Program operating agreement to Ocean Shipholdings, Inc., a U.S. citizen-owned company.  The new agreement, MA/MSP-108, provides for the operation of the product tanker Baltic Mariner in the MSP.  Under the agreement, the vessel is required to re-flag under U.S. documentation and employ U.S. citizen merchant mariners. In addition to other specific commercial and military criteria, Ocean Shipholdings qualified for the award based on its status as a U.S. citizen-owned company as defined in Section 2 of the Shipping Act of 1916.


First LNG Containership Receives ME-GI Engine

Photo: TOTE

Late last month, NASSCO engineers placed the world’s first dual-fuel slow speed engine into the World’s First Liquefied Natural Gas (LNG) powered containership. The ME-GI engine represents the next generation of technology that will open the door to a cleaner and safer shipping industry, particularly in the United States. Doosan Engine built the 8L70ME-C8.2GI under license from the designer MAN Diesel and Turbo. The engine weighs 539 tons.


Sustainable Ocean Summit 2013

Photo: World Ocean Council

The Sustainable Ocean Summit 2013 (SOS 2013), organized by the World Ocean Council (WOC), is an international ocean business community gathering dedicated to industry leadership and collaboration in developing solutions to ocean sustainability challenges. Washington D.C. - April 22-24, 2013 The theme of SOS 2013 is “Oceans 2050–The Ocean Business Community and Sustainable Seas.” The SOS is designed for the diverse range of ocean industries: shipping, oil and gas


XPRIZE Opens Registration for $2M Ocean Health Competition

WSOHXP_Art.jpg

XPRIZE announced that team registration is open for the $2 million Wendy Schmidt Ocean Health XPRIZE, a competition to incentivize breakthroughs in ocean pH sensor technology that will radically transform our understanding of ocean acidification. Teams are expected to come from diverse backgrounds, ranging from nanotechnology and biotechnology to industrial chemistry and marine science -- from academic institutions, nonprofit organizations and small and medium enterprises


The Sustainable Ocean Summit set for Singapore

(© Silke Stuckenbrock/Silke Photo 2008/Marine Photobank.)

 “Sustainable development” has gone from buzz word to business imperative in the two decades since the initial Earth Summit in Rio de Janeiro in 1992. Companies are increasingly evaluated on how well they address sustainability as a critical measure of their commitment to the triple bottom line – people, planet and profit.  Stakeholders expect companies to develop sustainability and corporate responsibility programs and reporting as part of efforts to take up civil


Ocean Economy Set to Double in Size by 2030

Image: Organisation for Economic Co-operation and Development (OECD)

 The world’s oceans must be managed well to ensure the potential of an “ocean economy” that was worth US $ 1.5 trillion in 2010.   "Calculations based on the OECD’s Ocean Economy Database value the ocean economy’s output (measured in terms of the ocean-based industries’ contribution to economic output and employment) in 2010 at USD 1.5 trillion, or approximately 2.5% of world gross value added (GVA)


Public Comment Period Open

Charting the Course for Ocean Science in the U.S.: Research Priorities for the Next Decade The public comment period is now OPEN for Charting the Course for Ocean Science in the United States: Research Priorities for the Next Decade, a draft document that outlines the national ocean research priorities for the United States for the next ten years. All interested parties are encouraged to review the document and provide input during this 45 day public comment period (scheduled to close


New Esri Ocean Industry Manager: Drew Stephens

Drew Stephens: Photo credit Esri

Drew Stephens to lead Esri's Geographic Information Systems (GIS) for Ocean and Coastal Environments Industry. Esri has hired Drew Stephens to expand the market for GIS within the ocean industry. Esri, the world leader in GIS, has accelerated the development of its ocean technologies via the Esri Ocean GIS Initiative. As Esri's industry manager for ocean and coastal environments , Stephens will play a key role in this effort through his diverse background and GIS experience.


Wendy Schmidt Ocean Health XPRIZE Offers $2 Million Award

XPRIZE announced the launch of its next major competition: the $2 million Wendy Schmidt Ocean Health XPRIZE. On the heels of the successful Wendy Schmidt Oil Cleanup XCHALLENGE, the Wendy Schmidt Ocean Health XPRIZE aims to spur global innovators to develop accurate and affordable ocean pH sensors that will ultimately transform our understanding of ocean acidification, one of the gravest problems associated with the rise in atmospheric carbon dioxide (CO2).


Crowley Christens New Ocean Class Tugboat

Photo: Crowley

Crowley christens new ocean class, DP2 tugboat, Ocean Sun, in Louisiana As part of the company's new vessel build program, Crowley Maritime Corp. christened the latest of its four tugboats in the ocean class series, Ocean Sun, today in Lake Charles. The ceremony served to formally welcome the fourth dynamic positioning 2 (DP2) tugboat to the company’s expanded ocean towing fleet, which has been involved in most of the major offshore oil production installations in the U.S


First Ocean Vessel of 2017 Arrives at Port of Indiana

Photo: Port of Indiana-Burns Harbor

The first ocean vessel of the year arrived at the Port of Indiana-Burns Harbor marking the official opening of the international shipping season. Port officials welcomed the 413-foot general cargo carrier BBC Mont Blanc and presented the captain with the Ports of Indiana Steel Stein.


Western Towboat Signs with MobileOps

Image: MobileOps Inc.

MobileOps, Inc., a Redmond, Washington software comapny that specializes in the design and development of maritime software applications (dispatch, safety, compliance, vessel maintenance, timecards, analytics) announced that it has signed a contract with Western Towboat Company of Seattle.


Viking Ocean Cruises Extends Order at Fincantieri

Viking Ocean Cruises and Fincantieri signed a memorandum of agreement for the construction of two additional cruise ships, with an option for another two.   The new builds will be sister ships to the six already ordered and will enter Viking fleet in 2021 and 2022, respectively


Shanghai Grapples with Traffic Congestion

File Image (CREDIT: AdobeStock / (c) zhu difeng)

The world's busiest container port, Yangshan in China's business hub of Shanghai, is battling severe congestion wrought by dense fog, higher-than-usual volumes and the aftermath of a shake-up in shipping alliances, ocean carriers and port officials say.  


New Mississippi Container Terminal Planned

Image: Plaquemines Port Harbor & Terminal District

Plans have been put in motion to develop a new intermodal container terminal on the lower Mississippi River.   Designed to service the largest ocean carriers, the new 1,000 acre container terminal will be capable of docking vessels up to 20,000 TEU with deep-water access and 21


Working for Africa

Photo: International Maritime Organization (IMO)

 International Maritime Organization (IMO) has contributed to the latest meeting of United Nations bodies working in Africa – the RCM-Africa forum.    The forum, which held its 18th session in Dakar, Senegal (25-26 March)


OCEAN Alliance Launch Announced

File Image (CREDIT: Marad)

CMA CGM, a leading worldwide shipping group, launches Saturday April 1st the 40 new maritime services of its new operational alliance OCEAN Alliance.    Combining this new offer of maritime services with a global intermodal and logistics offer


HMAS Darwin Farewells the West

HMAS Darwin at Fleet Base West for the last time. Photo: Royal Australian Navy

The call of 'last line!' meant a little more than normal as HMAS Darwin slipped from the wharf at Fleet Base West and set sail for Sydney recently.   It signalled the end of the warship's long association with the west coast of Australia


NOIA Applauds Proposed Repeal of Royalty Valuation Rule

NOIA President Randall Luthi. Photo provided by NOIA

 National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement on DOI’s proposal to repeal recent amendments to the Federal Royalty Valuation Rule:   “NOIA supports repeal of Interior’s 2017 Royalty Valuation Rule


Seized Indian Vessel Moved to Undisclosed Location

Pirates who hijacked an Indian cargo dhow with 11 crew on board have moved the vessel to an undisclosed location within Galmudug waters off the Somali coast until their ransom demands are met, a pirate leader told Reuters on Tuesday. The vessel, Al Kausar, was initially taken to El Hur


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.


FMC Oks Virginia/Georgia Port Agreement

Photo: Georgia Ports Authority / Stephen B. Morton

Port authorities in Virginia and Georgia will be allowed to engage in discussions about a variety of commercial and operational topics as a result of the U.S. Federal Maritime Commission (FMC) voting to allow the "East Coast Port Gateway Terminal Agreement" to go into effect.  


INS Shardul on Surveillance in South India Ocean

INS Shardul Entering Port Victoria  Photo: Indian Navy

 In keeping with India’s national objective of ensuring a secure and stable regional environment to allow unhindered economic and social development, not just in India, but also in the Indian Ocean Region, Indian Naval Ship Shardul is on a two month long deployment in the South Indian


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).  


DryShips Enters into Newcastlemax Contract

Pic: DryShips

 DryShips Inc has entered into a one year time charter with a major grain house for one of its 206,000 dwt Newcastlemax drybulk vessels for an expected duration of about one year.   The Company anticipates a total gross backlog of $7






 
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