Austal Cyber Hack Probe May Take Years
Australia's chief cyber security chief said on Tuesday an investigation into the hacking of defense contractor Austal Ltd could take years, rejecting a local media report that his agency had concluded the attack originated from Iran.Austal said earlier this month hackers had breached its defenses to gain access to ship designs and that some staff email addresses and mobile phone numbers were accessed.The attack triggered an investigation by the Australian Cyber Security Centre (ACSC), the country's top cyber security unit.
First U.S. LNG Cargo Since Trade Tariffs Arrives in China
A liquefied natural gas (LNG) cargo from the United States has arrived in China, the first such cargo since Beijing imposed a tariff on U.S. imports, shipping data from Refinitiv Eikon showed on Monday.The cargo was shipped on the tanker Ribera Duero Knutsen from the Sabine Pass terminal operated by Cheniere Energy .It arrived at the Zhejiang Ningbo LNG terminal in China on Nov. 11, the data showed.This is the first U.S. LNG cargo to be shipped to China since Sept. 10, according to the data. China imposed a 10 percent tariff on U.S. LNG in September.Reporting by Jessica Jaganathan
China Becomes Top Natural Gas Importer
China has overtaken Japan to become the world's top importer of natural gas, as Beijing's crackdown on pollution boosts its demand for the more environmentally friendly fuel, while the restart of nuclear reactors in Japan reduces its LNG imports.China's total natural gas imports over January to October this year via pipeline and as liquefied natural gas (LNG) were at 72.06 million tonnes, up a third from the same period last year, according to Reuters calculations based on General Administration of Customs data.Japan…
Iranian Military Ready to Protect Oil Tankers
Iran's armed forces will protect Iranian oil tankers against any threats, an Iranian military official said on Monday after the United States called the ships a "floating liability" and warned ports operators not to allow them to dock.The United States resumed sanctions on Iran's oil, shipping and banking industries last Monday after U.S. President Donald Trump pulled out of a 2015 international agreement curbing Iran's nuclear programme in May."Iran's armed forces...are prepared…
Kirby to Acquire CGBM's Inland Tank Barge Fleet
Kirby Corporation has announced the signing of an agreement to acquire substantially all of CGBM 100, LLC's inland marine tank barge fleet for an undisclosed amount.Under the terms of the agreement, Kirby will acquire 27 of CGBM's 10,000 barrel inland marine tank barges which have a total capacity of approximately 270,000 barrels. The closing of the acquisition is expected to occur in the 2018 fourth quarter and is subject to customary closing conditions.Kirby Corporation, based in Houston…
First Aloha-Class Ship Delivered to Matson
Matson, Inc. took delivery of the first of two new Aloha Class containerships built for Matson's Hawaii service at Philly Shipyard.Christened 'Daniel K. Inouye' in honor of Hawaii's late senior U.S. Senator, the vessel is the largest containership ever built in the United States. Weighing in at over 51,400 metric tons, the 850-foot long and 3,600 TEU capacity Daniel K. Inouye is Matson's largest ship and also its fastest, with a top speed in excess of 23 knots."This new ship, our fifth delivered by Philly Shipyard…
U.S. DOJ Announces Environmental Crimes Conviction
German Shipping Operator Sentenced to Pay $3.2 Million for Obstruction of Justice and Falsifying Official Logs to Hide Deliberate Oil Pollution. The previously Convicted Company Committed Environmental Crimes While on Probation.A German shipping company, MST Mineralien Schiffahrt Spedition und Transport GmbH (MST), pleaded guilty and was sentenced today in Portland, Maine, for obstruction of justice and for maintaining false official records to conceal deliberate pollution from one of its ships, the M/V Marguerita, announced Assistant Attorney General Jeffrey B.
Maersk Ousts Danske Bank Chairman after Scandal
Danske Bank's largest shareholder, the Maersk family, has ousted the lender's chairman after a money laundering scandal that has also forced out its chief executive.A.P. Moller Holding, which controls about 21 percent of the share capital in the bank, has nominated Karsten Dybvad, who currently heads the Confederation of Danish Industry, to replace Ole Andersen as chairman of Denmark's largest bank.The move is a rare example of Denmark's Maersk family, which controls shipping giant A.P. Moller-Maersk through A.P. Moller Holding, openly flexing its muscles to seek change at one of its investments."Danske Bank requires new leadership and changes to its board to strengthen its position as a leading Nordic bank," Robert Uggla, chief executive of family-owned A.P.
Moody’s: U.S.-China Trade War Means 'Dip' in Global Growth
Credit rating agency Moody’s warned on Thursday that global economic growth was likely to slow in the next two years and that it expected the trade war between the United States and China to escalate further."We expect global growth to slow to under 3.0 percent in 2019 and 2020, from an estimated 3.3 percent in 2017-18," the agency said in a new report.It added that the recently imposed tariffs on $200 billion worth of Chinese goods were likely to rise to 25 percent in January from their current 10 percent level."In both countries, the overall direct macro impact on growth will be manageable.
NBBB to Build Four Foss Tractor Tugs
Foss Maritime of Seattle has entered into contract with Nichols Brothers Boat Builders (NBBB) of Freeland, Wash. for the construction of four new 90-ton bollard pull tractor tugs, with an option for six additional tugs to follow. The contract marks the first between Foss Maritime and Nichols Brothers Boat Builders.Foss has selected a design by Jensen Maritime Consultants of Seattle. The 100’ x 40’ Z-Drive tractor tugs will be built to United States Coast Guard Subchapter “M” regulatory standards, with ABS loadline certification, and UWILD notation.
Corpus Christi Port to Build Oil Export Terminal
Port to build oil export terminalPrivate equity firm Carlyle Group will partner with the Port of Corpus Christi, the top oil export hub in the United States, to develop a major crude oil export terminal on Harbor Island.Carlyle's announcement comes as infrastructure in the U.S. oil industry struggles to keep up with record levels of production, driven by the Permian shale patch in West Texas. Both international buyers and American producers are waiting for export capacity to increase.Corpus Christi has its own plan to expand operations to handle larger export tankers.
VT Halter Marine Launches Bouchard ATB Tug
The ocean-going petroleum barge company Bouchard Transportation said that ATB tug M/V Evening Breeze was launched at US-based medium-sized ships builder VT Halter Marine's Pascagoula shipyard.The launch of the M/V Evening Breeze marks a milestone achievement in Bouchard’s most recent expansion efforts; with the launch of sister ATB tug M/V Evening Stroll not far behind.Bouchard’s Safety First philosophy remains at the forefront of their operation, and is powerfully supported through VT Halter Marine…
WISTA International Elects New Board Members
Women's International Shipping and Trading Association (WISTA) elected Connie Roozen, Director of C&B More as Treasurer and Angie Hartmann, Vice President Crew Affairs, Starbulk as Board Member, to the WISTA International Executive Committee.Sanjam Gupta, Director Sitara Shipping, was re-elected to a third term on the Executive Committee. Kathy Metcalf, CEO of the Chamber of Shipping of America, was honored as the 2018 WISTA International Personality of the Year.Connie Roozen is Director at C& B More, a tax consultancy firm. Roozen has served as Treasurer for WISTA the Netherlands since 2014.
No Waiver for Japan on Iran Sanctions
Japan said on Thursday it had not yet been granted a waiver from a U.S. plan to reimpose sanctions aimed at cutting Iran out of international markets, while the top two customers for Iranian oil, China and India, were awaiting word on possible exemptions.The United States has said it is considering waivers on sanctions for countries that are reducing their imports of Iranian oil. The renewed U.S. sanctions on Iran are set to come into effect on Nov. 4."Japan-U.S. talks have been conducted four times so far on U.S.
Shipbuilder Austal Reports Data Breach
Shipbuilder Austal Ltd said on Thursday its Australian business had detected and responded to a data breach in which some staff email addresses and mobile phone numbers were accessed.The breach, which affected the company's data management systems, has had no impact on Austal's ongoing operations, it said in a statement.The attacker tried to sell certain materials on the internet and engage in extortion. However, the company does not intend to respond to such threats, Austal said."There…
Port of Los Angeles Issues Statement on Box Incident
The following information was released by the Port of Los Angeles:Because our facilitation of a safe and secure supply chain is top priority at the Port of Los Angeles, the incident involving an export-bound shipping container that exploded inside a marine terminal storage area here on October 30 is of paramount concern to the Los Angeles Harbor Department and Los Angeles Port Police. Preliminary analysis by the Los Angeles Port Police Hazardous Materials Unit, Los Angeles Police…
Energy Storage - Now Relevant for Any Vessel Type
A primer on the quickly evolving topic of on board battery technology.Energy storage itself is actually old news. Since the sails were taken down for good, merchant vessels have crossed the oceans using some kind of energy safely stored on board. Be it Coal, Diesel, Gasoline or Natural Gas, and regardless of energy type, safe storage onboard has been vital for safety and completion of the planned trip. On the other hand, active use of batteries in propulsion systems is relatively new.
U.S. Coast Guard Clarifies U.S. Citizenship Requirement for U.S. Flag Vessels
Rules regarding 'Employment of Non-U.S. Credentialed Personnel On board Certain U.S.-Documented Vessels' defined.An analysis of recent arrival notifications has revealed several cases of U.S.-documented vessels calling on U.S. ports with non-U.S. credentialed personnel in lieu of U.S. citizens. The intent of this MSIB is to provide information and guidance regarding the provisions for employment of non-U.S. credentialed personnel on board certain U.S. documented vessels. Please…
Eastern Shipbuilding Group Resumes Operations, all OPC Workers Back to Work
Eastern Shipbuilding Group, a family-owned and operated shipbuilder that is involved in both government and commercial vessel construction and repair, resumed operations at both of its two main shipbuilding facilities just two weeks after Hurricane Michael devastated Panama City Florida and the surrounding communities.The most powerful storm to ever make landfall in the Florida Panhandle, Hurricane Michael currently stands as the third most powerful hurricane to make landfall in the United States…
Port of Bellingham Announces Shipping Terminal Contract
International cargo vessels are expected to arrive at the Bellingham Shipping Terminal on a regular basis as the result of a new service contract between the Port of Bellingham and Ports America.Ports America entered negotiations with the port after several of its shipping customers requested use of the Bellingham Shipping Terminal. Ports America is the largest terminal operator and stevedore in the United States.“This is a major turning point for the Bellingham Shipping Terminal,” said Port Commission President Ken Bell.
Bouchard Names Fieldman as Risk Manager
Bouchard Transportation has announced that Mr. Rick Fieldman has joined the Company as Risk Manager.As Risk Manager, Rick will oversee the day to day handling of all marine insurance matters, while also assisting management with the renewal process for marine insurance coverage. In addition, Rick will be responsible for the day to day handling of all marine insurance claims matters, as well as assisting management with any incidents that may arise.Rick Fieldman has over forty years of experience in the marine insurance field…
US Grants Temporary Iran Oil Waivers to Eight Countries
The United States has granted exemptions to eight countries allowing them to temporarily continue buying Iranian oil, Secretary of State Mike Pompeo said on Monday, as Washington reimposed sanctions on Iran's banking, energy and shipping industries.Some of the eight countries - China, India, Greece, Italy, Taiwan, Japan, Turkey and South Korea - include OPEC member Iran's top customers.Pompeo said more than 20 countries have already cut their oil imports from Iran, reducing purchases by more than 1 million barrels per day.(Reporting by Lesley Wroughton, Susan Heavey and Humeyra Pamuk; Editing
WISTA Elects New BoD, Honors 2018 Personality of the Year
Kathy Metcalf, CEO of the Chamber of Shipping of America, was honored as the 2018 WISTA International Personality of the Year.New WISTA BoardWomen's International Shipping and Trading Association (WISTA) elected Connie Roozen, Director of C&B More (WISTA the Netherlands) as Treasurer and Angie Hartmann, Vice President Crew Affairs, Starbulk S.A. (WISTA Hellas) as Board Member, to the WISTA International Executive Committee at their 38th International Annual General Meeting in TromsØ, Norway on October 24, 2018.