Maritime Industry Top News
NYK Distributes Digital Version of Safe Cargo Operation Guidelines
NYK has released a digital version of its “Essential-15” safe cargo operation guidelines for the high quality transport of dry bulk cargo. The new, multilingual…
Brazil to Stop Beaching Ships in South Asia
Brazilian authorities plan to implement legislation to help prevent that vessels owned by exporters such as Petrobras and Vale wind up on South Asia's beaching yards, Bloomberg reported.
New US 7th Fleet Commander Arrives in Japan
Vice Adm. Phil Sawyer, commander of U.S. 7th Fleet, arrived in Yokosuka Aug. 25, after assuming command Aug. 23. Prior to arrival, he participated in the International…
Keel Laid for Australia's New Antarctic Supply/Research Vessel
Construction of Australia's new Antarctic Supply Research Vessel (ASRV) has taken an important step forward with an official keel laying ceremony carried out at Damen Shipyards Galati, Romania. Damen is building the ASRV for Serco Defence on behalf of the Australian Department of the Environment and Energy. Damen Schelde Naval Shipbuilding in the Netherlands is responsible for engineering and project management, and Damen Shipyards Galati will perform vessel construction and outfitting.
Carnival Cruise Ships Blocked from Port by Hurricane Harvey
Carnival Corp said on Friday that three of its cruise ships are unable to return to the Port of Galveston, Texas, which is closed ahead of Hurricane Harvey. Two of the ships…
Residents Flee South Texas Ahead of Harvey
Residents fleeing most powerful storm on U.S. mainland since 2005. Businesses closed and lines of cars streamed out of coastal Texas as officials called for residents…
Port of Long Beach Achieves Record Pollution Reductions
The Port of Long Beach notched clean air records in its latest study of air pollution emissions, including an 88 percent reduction in diesel particulate matter,…
Chevron: Harvey Should Not Impact GoM Operations
Chevron Corp said on Friday it does not expect Hurricane Harvey to affect its U.S. Gulf of Mexico production. The company, which pumped on average about 128,000…
Trump Prohibits Dealings in New Venezuelan Government, PDVSA Debt
U.S. President Donald Trump signed an executive order prohibiting dealings in certain Venezuelan public sector debt on to pressure the government of President Nicolas Maduro to halt its "tyranny…
HMS Queen Elizabeth Sets Sail with Dellner Brakes
U.K. Royal Navy aircraft carrier HMS Queen Elizabeth arrived at her home port of Portsmouth last week, fitted with two Dellner Brakes ‘stopping, turning, locking’ (STL) systems that, weighing in at 11,000 kg each, are the biggest STL systems that Dellner Brakes has ever built. Each of the carrier’s two propeller shafts is fitted with a custom-designed Dellner Brakes STL system that allows operators to stop…
ST Engineering Buys US Rig Repair Assets
Singapore Technologies Engineering Ltd (ST Engineering) said it has acquired the rig repair assets of World Marine of Mississippi LLC (WMM) adjacent to its existing yard, VT Halter Marine, Inc.
Baltic Index Edges Higher on Firmer Capesize Vessel Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, inched up on Friday, after declining for three-consecutive sessions, as rates for capesize vessels gained. The overall index — which factors in rates for capesize, panamax, supramax and handysize shipping vessels — was up 9 points, or 0.75 percent, at 1,209 points. The capesize index gained 73 points, or 3.13 percent, at 2,406 points.
Ferus Smit Launches Symphony Spirit
On Friday, August 25, shipbuilder Ferus Smit launched newbuild 421, Symphony Spirit, in Leer. The 122.5-meter, 10,500 dwt Symphony Spirit is the fifth vessel in…
Bulker Owner Fined for US Ballast Water Discharge
The U.S. Coast Guard said it has issued a $5,000 fine to the owners of a foreign freight vessel for unauthorized ballast water discharge into the Willamette River in Portland, August 16.
MST, Reederei Indicted for Falsifying Pollution Records
The U.S. Justice Department announced a federal grand jury in Portland, Maine, returned a nine-count indictment today charging MST Mineralien Schiffarht Spedition…
Hurricane Harvey Strengthens, Threatens US
Hurricane Harvey intensified early on Friday into potentially the most powerful hurricane to hit the U.S. mainland in more than a decade, as authorities warned locals to shelter from what could be life-threatening winds and floods. Harvey is set to make landfall late Friday or early Saturday on the central Texas coast where Corpus Christi and Houston are home to some of the biggest U.S. refineries. Oil and gas operations have already been disrupted and gasoline prices have spiked.
S-Oil, Petronas Ink Long-term LNG Deal
South Korea's third-largest refiner S-Oil Corp signed a long-term liquefied natural gas (LNG) supply contract with Malaysia's Petronas for 15 years starting from next year…
Second Body Recovered from USS McCain
U.S Navy and Marine Corps divers have recovered and identified a second body in the search for ten sailors missing after a collision between a guided-missile destroyer and merchant vessel near Singapore earlier this week, the U.S. Navy said on Friday. The USS John S. McCain collided with the merchant tanker in waters near Singapore and Malaysia on Monday, which led to an international search-and-rescue operation for the missing sailors.
Asia VLCC Rates Fall to Four-year Low
Freight rates for very large crude carriers (VLCCs) on Asian routes show little sign of reviving although Hurricane Harvey, which threatens to ravage the U.S. Gulf coast oil refining industry over the weekend, could provide a fillip, brokers said. That came as average weighted VLCC freight rates on all routes sank to their lowest in four years this week to around $9,000 per day. Rates are even lower…
Huntington Ingalls Steel-Cut for Aircraft Carrier Enterprise
Huntington Ingalls Industries has cut a 35-ton steel plate at its Newport News Shipbuilding division to kick off advance construction of the aircraft carrier Enterprise (CVN 80).