Maritime Industry Top News
Kim Heng Offshore Inks Pact with Iran Marine
The Singapore-based offshore services provider Kim Heng Offshore & Marine has signed a memorandum of understanding with the Iran Marine Fund (IMF)to provide its…
Argentine Grains Port Workers Return after Brief Strike
A one-day strike at the Rosario grains export hub in Argentina ended on Friday after the government compelled union and company officials to enter into wage negotiations for 15 days…
Turkey Ratifies FAL Convention
On May 13, 2016, Turkey became the latest country to ratify the Convention on Facilitation of International Maritime Traffic, or FAL Convention. According to the International Maritime Organization (IMO), the FAL Convention's main objectives are to prevent unnecessary delays in maritime traffic, to aid cooperation between governments and to secure the highest practicable degree of uniformity in formalities and other procedures.
Port of Long Beach Sponsors Logistics Academy
At its third annual Celebrating Education event, held at McBride High School on Thursday, May 12, the Port of Long Beach recognized scholarship and high school internship recipients and announced a new initiative to broaden its educational outreach through a specialized academy at Cabrillo High School, which is located in the vicinity of the Port. The Port of Long Beach Academy of Global Logistics was announced by Harbor Commission Vice President Lou Anne Bynum at the event.
Denmark, US to Partner on Offshore Wind
Denmark and the United States have signed a memorandum to strengthen cooperation on offshore wind energy projects, the U.S. Bureau of Ocean Energy Management (BOEM) announced. On May 4, 2016 at the Embassy of Denmark in Washington, D.C., Danish Ambassador Lars Gert Lose and BOEM Director Abigail Ross Hopper signed a Memorandum of Understanding (MOU) to recognize their countries' common interests in developing offshore wind as a clean and sustainable energy source.
MarineNews' MN100 Edition Looms Large in the Porthole
The annual edition of MarineNews MN100 Market Leaders will soon be upon us. The August edition of MarineNews as always takes a close look at the Top 100 companies in the north American, brown water, shallow draft marine industry. Last year’s honorees came from every sector of the waterfront; from naval architects to vessel operators and all the way to OEM providers of every type. Is your firm a Top 100 caliber maritime stakeholder?
US Oil Drillers Cut Rigs for 8th Week to Oct 2009 Lows
U.S. oil drillers cut rigs for an eighth week in a row to the lowest level since October 2009, oil services company Baker Hughes Inc said Friday, even with futures…
Norway Helicopter Crash Investigation Focuses on Rotor Blade Mounting
An investigation into the cause of a fatal North Sea helicopter crash is focusing on the parts of the aircraft that connected the rotor blades to the main body of the helicopter…
Greece to Evaluate Deep-sea O&G Exploration Bids
Greece will conclude the evaluation of deep-sea oil and gas exploration bids in the coming weeks and will name the preferred bidders soon after, its energy minister said on Friday…
Hundreds Show Support for SUNY Maritime
More than 500 people attended SUNY Maritime College’s annual Admiral’s Scholarship Dinner to honor Tom Higgins, chief administrative officer of First Data, and astronaut Capt. Scott Kelly.
Baltic Index Rises as Larger Vessels Lend Support
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday, supported by higher rates for capesize and panamax vessels.
Vane Bros. Continues Fleet Expansion
Vane Brothers, a marine transportation provider headquartered in Baltimore, has added two vessels to its fleet: the 4,200-horsepower tugboat Hudson and 55,000‐barrel barge Double Skin 601. The Hudson is the second of eight vessels in Vane’s Elizabeth Anne Class of 4,200‐horsepower tugboats contracted through St. Johns Ship Building in Palatka, Fla. The Elizabeth Anne was delivered in January, while the third in the series, the Baltimore, is scheduled for completion this summer.
Danish Government Says Wind Power Became Too Expensive
The Danish government said on Friday it wanted to scrap plans to build five offshore wind farms as their output would become too expensive for consumers. The government…
Antofagasta Express: New Name, New Flag
Last month, the second of the two ships recently purchased from the Dutch shipping company NileDutch officially changed hands. The 222-meter-long and 35-meter-wide vessel will now sail for Hapag-Lloyd as the Antofagasta Express under the Chilean flag. The new ship, with a capacity of 3,500 TEU, was rechristened by Hapag-Lloyd and takes its new name from the Chilean port city of Antofagasta. Together with the second new acquisition…
IMO Ushers New Era for Shipbuilding Rules
Ship construction rules for oil tankers and bulk carriers submitted by 12 classification societies conform to the goals and functional requirements set by the International Maritime Organization (IMO), marking a new development in how international standards for ship construction are determined and implemented. For the first time, IMO has been given a role in auditing and verifying the structural rules developed by the classification societies for newbuild oil tankers and bulk carriers.
This Day In Naval History: May 13
1846 - Congress declares war against Mexico. Commodore David Conner is responsible for the landing of the Army at Vera Cruz. In April 1847, Commodore Matthew C. Perry relieves Conner. On Feb. 2, 1848, the Treaty of Guadalupe Hidalgo is signed ending hostilities. 1908 - The Navy Nurse Corps is established by Public Law No. 115, though nurses have been volunteering onboard Navy ships prior to the Civil War.
Shipping Alliances Demand Aggressive Oversight -FMC Chairman
The restructuring of the ocean carrier alliance system, triggered by merger and acquisition activities by shipping companies, is a logical business development, but if not carefully monitored and regulated, could also represent a move toward reduced services for shippers, said Mario Cordero, Chairman of the Federal Maritime Commission (FMC). Cordero articulated this concern during remarks he made at the 2016 International Trade Symposium hosted by the Virginia Maritime Association in Norfolk.
OceanSaver Completes USCG Testing
OceanSaver informs it has finalized all testing required for the U.S. Coast Guard (USCG) type approval application of ballast water management systems. OceanSaver…
Concordia Settles: $9.25m for Grounding
Concordia Maritime entered into a settlement agreement regarding a dispute associated with Stena Primorsk’s grounding in the Hudson River in December 2012. According to the settlement agreement…
Port of LA Imports Increase in April
Import cargo volumes at the Port of Los Angeles increased 4.7 percent in April compared to the same period last year while overall cargo volume for the first four months of 2016 has increased 8 percent compared to 2015. Total April 2016 volumes registered at 656,177 Twenty-Foot Equivalent Units (TEUs), a decrease of 1 percent compared to the same period last year. April loaded imports increased 4.7 percent to 343,574 TEUs. Loaded exports decreased 1 percent to 144,103 TEUs.
