Maritime Industry Top News
Ivar Aasen Ready for Departure
(Singapore, 22 May 2016) The topside of Ivar Aasen field was completed on Sunday at the shipyard in Singapore and sailed to Norway shortly. The tire was delivered on budget and on time…
Cheoy Lee Joins Robert Allan “Century Club”
On April 26, 2016, Cheoy Lee Shipyards launched the 100th vessel it has built to a Robert Allan Ltd. design, becoming the second shipyard worldwide to do so, after…
Pioneer Marine Sink Deeper into the Red
Pioneer Marine Inc. and its subsidiaries (OSLO-OTC: PNRM) ("Pioneer Marine," or the "Company") a leading shipowner and global drybulk handysize transportation service…
HCI Group Takes Over 13 Feeder Containerships
The HCI Group and two other investors have taken over a total of thirteen ships from the loan portfolio of HSH Nordbank. The HCI Group structured the portfolio acquisition…
DP World at China’s Belt & Road Summit
Global trade enabler DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem spoke at China’s Belt and Road Summit in Hong Kong this week highlighting the need…
Samskip, Pro-Log Double Barge Services
Multimodal network operator Samskip and inland waterway transport provider Pro-Log are celebrating the 10th anniversary of barge operations connecting Rotterdam and Duisburg by adding a second vessel…
JWA to provide ShipDC with Marine Weather Info
The database service operated by ClassNK’s wholly owned subsidiary Ship Data Center (ShipDC) has been set to receive marine weather information from Japan Weather Association.
Canada Invests $289 Mln in Harbor Improvements
Hunter Tootoo, Minister of Fisheries, Oceans and the Canadian Coast Guard announced that the Government of Canada is investing $289 million in small craft harbors across the country in 2016-2017.
Subsea 7 Secures EPCI Contract
Subsea 7 S.A. announced it has been awarded an engineering, procurement, construction and installation (EPCI) contract for offshore execution in 2017 and 2018. The…
Philly Shipyard Lays Keel for Second APT Tanker
Philly Shipyard, Inc. (PSI) held a keel laying ceremony for the second product tanker in a four vessel order for Kinder Morgan, Inc. subsidiary American Petroleum Tankers (APT).
US Navy Accepts Delivery of Future USS Zumwalt
The U.S. Navy has accepted delivery of future USS Zumwalt (DDG 1000), the lead ship of the Navy's next-generation of multimission surface combatants, May 20. DDG 1000 is tailored for sustained operations in the littorals and land attack, and will provide independent forward presence and deterrence, support special operations forces, and operate as an integral part of joint and combined expeditionary forces.
Human Remains and Belongings Found from Plane Crash at Sea
Egypt said on Friday its navy had found human remains, wreckage and the personal belongings of passengers floating in the Mediterranean, confirmation that an EgyptAir…
High Speed Support Vessel Delivered to Oman Navy
RNOV Al Mubshir, the first of two 72-meter High Speed Support Vessels (HSSVs) to be built by Austal Limited for the Royal Navy of Oman under a $124.9 million design, construct and integrated logistics support contract, has been delivered. Austal commenced construction of the HSSVs in August 2014 at its Henderson, Western Australia shipyard, with the second HSSV scheduled to be delivered later in CY2016, in line with the contract.
US Oil Rig Count Steady for First Time This Year
U.S. energy firms this week kept the number of rigs drilling for oil unchanged for the first time this year, services company Baker Hughes Inc said on Friday, as…
Crowley Awards Scholarships to Four Mass. Maritime Students
Four students from Massachusetts Maritime Academy (MMA) have been awarded Crowley Maritime Corp.’s Thomas B. Crowley Sr. Memorial Scholarships. Chosen based on their academic achievement, financial need and plans to pursue a career in the maritime industry, the four recipients are Patrick Goldsmith, Jack McMurrer, Paige Mentuck and Christina Murphy. Goldsmith, a junior from Huntington, N.Y., is majoring in marine engineering and minoring in international maritime business.
CMA CGM Aims to Cut Costs by $1 Bln
France's CMA CGM, the world's third-largest container shipping firm, reported a first-quarter net loss on Friday and targeted $1 billion in cost cuts to keep operating margins positive during the current market downturn. Weak freight rates in the past year have left many lines operating at a loss. The Marseille-based company is in the process of acquiring Singapore's Neptune Orient Lines (NOL) for $2.4 billion in its biggest-ever deal…
Libya Plans to Load Four Crude Cargoes from Hariga in May
Libya plans to load three additional crude cargoes this month from the recently reopened Marsa El Hariga terminal, after a tanker for trader Glencore departed on Friday.
This Day In Naval History - May 20
1815 - Commodore Stephen Decatur sails with his flagship USS Guerriere and a squadron of nine ships for the Mediterranean to suppress piracy. Under strict negotiations, Decatur is able to secure a treaty with the Day of Algiers, His Highness Omar Bashaw, on July 3. 1844 - The frigate Constitution, commanded by John Percival, sails from New York to depart on her 32,279 mile round-the-world cruise. Heading eastward…
New RAmparts 2400W Tug Chincha Launched
A new ASD tug designed by Robert Allan Ltd. was launched on April 26, 2016 in Jiangsu Province, China for its Peruvian owners. Based on Robert Allan Ltd.’s RAmparts 2400W class, the Chincha was built by Jiangsu Wuxi Shipyard and fully customized to meet her owner’s requirements. Chincha is the first of two RAmparts 2400W tugs to be built for the growing Peruvian maritime and port operations company, Trabajos Marítimos S.A. (Tramarsa).
Life Extension for World’s Oldest Icebreaker
A comprehensive dry docking and life extension plan has been set out for the 62-year-old Finnish icebreaker Voima, continuing its run as the world’s oldest operational icebreaker. Commissioned in 1954, Voima is part of Arctia’s icebreaker fleet and has demonstrated its reliability in the Baltic Sea over the decades, serving as model for many four-propeller icebreakers built after it. In accordance with the life extension plan agreed upon by Arctia and Turku Repair Yard…
