Maritime Industry Top News
Vessels Separated After Collision off Corsica
Tunisian roll-on/roll-off ferry Ulysse has separated from the Cyprus flagged containership CSL Virginia on Thursday following a collision earlier this week in the Mediterranean Sea.CSL Virginia was at anchor approximately 17 miles off the island of Corsica when it was struck broadside by cargo and passenger ferry Ulysse early Sunday morning. The ferry's bow penetrated the hull of the containership…
Interview: Jeong-kie Lee, Chairman, Korean Register & IACS
This month we caught up with Jeong-kie Lee, Chairman and CEO of the Korean Register and also the Chairman of the International Association of Classification Societies (IACS), for his insights on the dominant trends moving the maritime industry into the future.The maritime industry has been challenged, to say the least. Today, where do you see challenge? Where do you see opportunity?The maritime industry is in a state of extreme upheaval…
Coast Guard reopens North Carolina, Virginia ports
The Captain of the Port for Hampton Roads has reopened the port without restrictions Friday morning.The COTP for North Carolina reopened the Ports of Wilmington and Morehead City Friday morning. Mariners in North Carolina are advised to exercise extreme caution when transiting due to possible shoaling, debris, and aids to navigation that may be off station or unreliable.North Carolina ports have been impacted twice within the past two months…
ACL Christens Its New Vessel Atlantic Sun
Atlantic Container Line (ACL) held a christening ceremony for its new G4 vessel, the Atlantic Sun, on Wednesday, at FAPS Port Newark Auto Marine Terminal at the Port of New York & New Jersey. The ACL G4 vessels are the first of their kind and the largest multipurpose RoRo/Containerships ever built. They incorporate an innovative design that increases capacity without significantly changing the dimensions of the vessel. The G4s are bigger, greener and more efficient than their predecessors.
Firmer Capesize Rates Prop Up Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday, helped by strong demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 5 points, or 0.3 percent, to 1,584 points.The capesize index rose 20 points, or 0.9 percent, to 2,189 points.Average daily earnings for capesizes…
Hurricane FPSO Leaves Dubai After Upgrade, Shetlands First Oil Seen in H1
The Aoka Mizu floating production, storage and offloading (FPSO) vessel ordered by Hurricane Energy has left Dubai following a series of upgrades, the company said, another milestone for the group as it seeks to extract so-called fractured basement oil in Britain.Hurricane specializes in recovering oil from fractures in hard and brittle rock known as fractured basement reservoirs, which some see as a risky way to obtain crude.It expects first oil from its Greater Lancaster Area (GLA) project…
USCG Posts Recap of Ballast Water Management & Technology Conference
Extensions, type approvals and next steps were all prominent on the agenda.September’s Ballast Water Management and Technology North America conference saw USCG staff from the Office of Operating and Environmental Standards and the Marine Safety Center giving conference attendees an update on various aspects of the Coast Guard’s ballast water program. Following is a recap of those presentations for our readers who were unable to attend:Ms. Regina Bergner and Mr.
Alliance Marine Group Acquires 3SI
France-based Alliance Marine Group has acquired Safety and Survival Systems International (3Si Group).Europe’s leading supplier and manufacturer of marine equipment…
Abu Dhabi Ports, Etisalat Annouce Partnership
Abu Dhabi Ports and Emirates Telecommunication Group Company(Etisalat) have signed a memorandum of understanding (MoU) focused on advancing technological capabilities…
Pérez y Cía Acquires Harren & Partner's Caribbean Feeder Services
Spanish shipping and logistics company Pérez y Cía has agreed to acquire CFS Caribbean Feeder Services from the German shipping company Harren & Partner.A press release from CFS quoted Peter Harren…
Two VLCCs Join Navig8 VL8 Pool
Navig8 VL8 pool is to take delivery of two VLCCs from Cosco Shipping Energy Transportation (CSET). The VL8 pool is one of the largest VLCC tanker pools in the world managed by Navig8.The 322…
Algoma Central Cancels Croatian New Build Contracts
Canadian shipping company Algoma Central Corporation has decided to cancel all four newbuild construction contracts with Croatian shipbuilder Uljanik.The provider…
Adidas Partners with APM Terminals
APM Terminals opened the most advanced container terminal in Mexico. Adidas has since moved the bulk of its inbound goods flow to the terminal in Lazaro Cardenas…
Azerbaijan Caspian Shipping Expands Operations
The issue of expanding the activities of the Azerbaijan Caspian Shipping Company (ACSC) in foreign waters commissioned by President of the Republic of Azerbaijan…
Antwerp Port on Track to Record Sixth Year
Belgian port Antwerp said that throughput continues to register growth in the port. After record semi-annual figures, the total throughput after nine months stands at 177…
Hyundai Samho Heavy Bags LNG Capesize Pair Order from H-Line
South Korean midsized shipping company H-Line, owned by local private equity firm Hahn & Co, has ordered two liquefied natural gas (LNG)-powered 180,000 dwt capesizes…
OOCL Begins Transition to Meet IMO 2020 Regulation
Hong Kong-based container shipping and logistics service company Orient Overseas Container Line (OOCL) fleet moves forward to meet IMO 2020 regulation.Over the years…
MarineTraffic Appoints Nikos Psaltopoulos as its First COO
Global ship tracking and intelligence company MarineTraffic has appointed Nikos Psaltopoulos as its first ever Chief Operating Officer (COO) to bolster the firm’s…
Standard Club and Strike Club to Merge
The London-based marine insurers the Strike Club and the Standard Club have announced plans for the Strike Club to join the Standard Club group.According to a press…
Saia Opens New Missouri Terminal
American trucking company Saia announced the recent completion of its new Saia LTL Freight cross-dock facility in Strafford, Missouri. Strafford is part of the Springfield…
