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New Tug Delivered to Vane Brothers
Marine transportation provider Vane Brothers has taken delivery of the newly built tugboat Delaware, the fourth of eight vessels in Vane’s Elizabeth Anne Class of 4,200-horsepower tugs contracted through St. Johns Ship Building in Palatka, Fla. Designed by Frank Basile, P.E., of Entech Designs, LLC, the Delaware is a steel-hulled, model bow tug measuring 100 feet long with a 34-foot beam and 13-foot draught.
Tanker Docks at Libya's Es Sider Port to Load First Crude Cargo in Two Years
An oil tanker docked at the east Libyan port of Es Sider on Monday to load the first cargo of crude since the terminal reopened following a two-year closure, port officials said.
China Seizes US Underwater Drone in South China Sea
A Chinese warship has seized an underwater drone deployed by a U.S. oceanographic vessel in the South China Sea, triggering a formal diplomatic protest and a demand for its return, U.S.
Asia Dry Bulk-Capesize Rates to Slip Further
Chartering activity falls as holidays loom; Rio Tinto offering rates 5.5 pct lower than index level. Freight rates for large capesize dry cargo ships on key Asian…
Fuel Talk: Greener Ships 'Abandoned'
In the immortal words of one Kermit the Frog, “it’s not easy being green.” Nor inexpensive. Offshore ship owners managing the demand “fallout” of the past year and navigating myriad environmental strictures say their leap of faith toward greener fuels has taken its toll. The idealism of a decade ago has eroded, they say, in the face of lost offshore business, especially long-term contracts. Oil company clients that once insisted on high-spec…
Kleven Delivers 116 m Superyacht
Norway’s Kleven has delivered a 116 m superyacht to its owner, Graeme Hart. The vessel left Kleven Verft in Ulsteinvik, Norway this weekend, heading for Germany…
Scandlines’ New Hybrid Ferry Named MV Copenhagen
The second of Scandlines’ two new hybrid ferries for the Rostock-Gedser route was named M/V Copenhagen during a ceremony at the Danish shipyard FAYARD A/S on October 28, 2016. In his speech to the some 180 guests in attendance, Thomas Andersen, CEO of FAYARD A/S, thanked Scandlines for the confidence which the shipping company has shown the yard and he compared the new ferry with Hans Christian Andersen’s ugly duckling that finally turned into a beautiful swan.
Towing Industry Safety: AWO & USCG Joint Analysis … By the Numbers
For 16 years, the National Quality Steering Committee has used three measures to track overall trends in safety and environmental protection. While not all-encompassing, the measures are considered to be useful indicators of towing industry trends. Crew fatalities per 100,000 towing industry workers. Gallons of oil spilled from tank barges per million gallons transported. The number of vessel casualties (overall or by incident severity).
South Korean Yards Eyed for $3.8 Bln LNG Shipbuilding Deal
A little-known investment company said it intends to order up to 20 liquefied natural gas (LNG) carriers, probably from South Korean shipbuilders. The contracts would be worth as much as $3.8 billion…
NYK Steams Ahead
Tokyo-based Nippon Yusen Kaisha (NYK) Group is not only one of the world’s largest ship owners with a diverse fleet of more than 800 ships, it is a growing global maritime logistics powerhouse. Maritime Reporter & Engineering News visited with Yasuo Tanaka, Senior Managing Corporate Officer, Naval Architect, in Tokyo for his insights on the company’s continued efforts to invest in operational efficiency.
US Rig Count Recovery Hinges on $50 Oil Post-OPEC Meeting
U.S. oil drilling has seen its best quarter since crude prices tumbled two years ago mainly due to small operators returning to the well pad, but analysts say the…
Ecospeed Pays Dividends for Interscan
Trading in ice is the toughest challenge for a hull coating. Regular anti-fouling paints or simple epoxies are usually scraped off by the constant abrasion of the ice…
GT USA Adds Warehouse At Port Canaveral
GT USA, operators of Canaveral Cargo Terminal, has expanded its supply chain capabilities to serve shipping lines, along with domestic customers, with the addition of more than 40,000 square feet of covered storage now available at the Marlin Street Warehouse at Port Canaveral. The facility serves as a secure location for general warehousing, providing a full range of logistics services, including trucking, cross docking, storage and inventory control and last mile distribution.
Newbuild Contracts at Lowest Level in 20 Years -BIMCO
Shipyards have become the next victim of the deteriorating conditions in the dry bulk, container and offshore markets as 2016 looks to set the record for the lowest newbuilding contracts in more than 20 years, according to international shipping association Baltic and International Maritime Council (BIMCO). After a decline from 2010 to 2012, shipbuilding had a rebound in 2013 and was expected to level out over the next few years.
MN100: Patterson Manufacturing, Inc.
The Patterson Company provides a full product line for an array of industries – from winches to ratchet turnbuckles to tensors and beyond. Every day, Patterson seeks out new ways to improve its products through innovative teamwork with customers and partners throughout every market sector they touch. Patterson’s winches, turnbuckles, and tensors are designed and manufactured with an eye toward innovation.
Hanjin files for Receivership, Ports Turn Away Vessels
Hanjin says asks court for its assets to be frozen; Hyundai Merchant looking to buy Hanjin's "good" assets. South Korea's Hanjin Shipping Co Ltd filed for court…
Subchapter M: Slow Walking the Inspection of Towing Vessels
On June 20, 2016, the U.S. Coast Guard promulgated its long awaited or dreaded (depending on your perspective) final rule regarding inspection of towing vessels. The new regulations, which will enter into effect on July 20, derive from a 2004 legislative amendment which added towing vessels to the list of ‘vessels subject to inspection’. That statute also authorized regulations to establish a safety…
Moody's: Challenges Ahead for Asian Port Operators
Moody's Investors Service says lackluster global growth, weak commodity prices, high capital expenditure commitments and a liner industry struggling with overcapacity…
Libyan Oil Exports to Resume from Closed Ports
Libyan oil exports from closed ports should resume in no more than one to two weeks after a deal was signed between the government and an armed brigade controlling the terminals…
US Oil Drillers Add Rigs for 5th Week in a Row
U.S. drillers this week added oil rigs for a fifth consecutive week, Baker Hughes Inc said on Friday, but the oilfield services provider and some analysts cast doubts…
