Maritime Industry Top News
Diana Shipping Fixes Two Bulkers
Diana Shipping Inc. today announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A., Geneva…
GIA Wins in Admiralty Proceedings
Clasis LLC has successfully gained costs for the arrest, appraisement and sale of a vessel for client GOH IGS Automation Pte Ltd (GIA). GIA was being represented…
Better CFD Process with Rapid Design Space Optimization
HydroComp, Inc. of Durham, N.H. Rapid Design Space Optimization (RDSO) with HydroComp NavCad Premium allows a naval architect to focus CFD resources on high-value computations and avoid irrelevant time and expense. HydroComp NavCad provides resistance and propulsion prediction for naval architects. With the recent introduction of the Premium Edition, NavCad is now able to provide integrated support for design optimization.
Baker Hughes Deal Likely to Close in 2016 -Halliburton Exec
Oilfield services company Halliburton's proposed $35 billion acquisition of rival Baker Hughes Inc will likely close in 2016 instead of this year as talks with U.S.
Shipping, Aviation Dropped from Paris Climate Text
The global airline and shipping industries appeared to win a symbolic reprieve from the growing global drive to reduce carbon emissions on Wednesday, cut from a…
Bollinger Shipyards Agrees to Settle False Claims Act Suit
Bollinger Shipyards will pay the United States $8.5 million and release contract claims to settle a False Claims Act action filed against it in the Eastern District of Louisiana…
Historic Cannon Returned to its Dutch Home
An official ceremony marking the handing back by the U.K. Maritime and Coastguard Agency of a bronze cannon to the city where it was first made, has been held in Zierikzee, Netherlands. The cannon had been brought ashore by commercial diver Vincent Woolsgrove from off the Kent coast but was recovered by the MCA during a search warrant executed in 2011. Woolsgrove was charged with fraud offences relating to other Dutch cannons and is currently serving a two year sentence after pleading guilty.
Miller Boat Awards Drydock Work to Great Lakes Shipyard
Great Lakes Shipyard announced it has been awarded a contract from regular customer Miller Boat Line to complete the five-year U.S. Coast Guard inspection and main engine repowering for its ferry William Market. The work is scheduled to be completed by February 2016. Previously, Great Lakes Shipyard completed unscheduled work and the five-year U.S. Coast Guard inspection for Miller Boat Line M/V Islander in May 2014 and most recently drydocking and maintenance for M/V Put-In-Bay in April 2015.
Authorities Recover 11 Bodies After Migrant Boat Sinks
Moroccan authorities have recovered the bodies of 11 African migrants whose boat sank apparently due to bad weather as they tried to cross to the Canary Islands, officials said on Wednesday.
WCA Announces Leadership Changes
Dan March has been appointed Chief Executive Officer (CEO) of the independent forwarder network WCA, with founder David Yokeum becoming Chairman, and Ram Menen joining a new global Supervisory Board. Based in London, March, who has been WCA Communications Director for over five years, will oversee the day-to-day operations and work closely with Yokeum and the new non-executive Supervisory Board – comprising Eric Fady, Philip Bilney, and Jim Barnhart, as well as Menen.
Sonardyne Demonstrates Vessel Navigation Capabilities
Maritime security technology company, Sonardyne International Ltd, has demonstrated the capabilities of its Navigation and Obstacle Avoidance Sonar, NOAS, during three days of water borne demonstrations in Plymouth, south-west England. More than 25 equipment specifiers, owners’ representatives and vessel operators from the European superyacht industry, commercial shipping and naval community attended…
Azeri Oil Loadings From Ceyhan Port Set to Rise
Azeri Light oil loadings from the Turkish port of Ceyhan are expected to increase to 695,000 barrels per day in January from 603,000 bpd in December, a loading programme showed on Wednesday.
Industry Coalition Clarifies Container Weighing Regs
The World Shipping Council (WSC), the TT Club, the International Cargo Handling Coordination Association (ICHCA) and the Global Shippers’ Forum (GSF) jointly released a new Frequently Asked Questions (FAQ) document to address issues arising from the new container weighing regulations due to take effect globally on July 1, 2016. The amendments to the SOLAS (Safety of Life at Sea) Convention require…
BMT to Aid Nicaragua Canal Developers
BMT Group Ltd subsidiaries BMT Asia Pacific and BMT ARGOSS have been appointed by Hong Kong Nicaragua Canal Development Group (HKND) to undertake a series of marine and port assessments for the Nicaragua Canal. BMT will assist the development and validation of the canal’s design and operations through a structured framework, the group announced today. “Our study will seek to articulate a solution that minimizes canal excavation while ensuring adequate canal capacity and safety,” commented Dr.
First Type Approval Awarded for Portable Pilot Unit
DNV GL said it has developed a new industry standard for the type approval of Portable Pilot Units (PPUs); the ORCA Pilot G2 unit, created by SevenCs, a navigation equipment and software expert from Hamburg, is the first product worldwide to achieve compliance with the new standard. “In summer 2015, we developed the Type Approval for PPUs, in order to allow ports, terminal operators and pilot organisations to assure a minimum standard in the selection process of their equipment…
KPI Bridge Oil Opens Athens Office
KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has opened a new office in Athens, Greece. The new venture comes as part of the group’s broader growth strategy and desire to further develop its key markets. KPI Bridge Oil has been covering Mediterranean ports through its Istanbul and London offices for over four decades but the need for a physical presence in the important Greek market has become stronger in recent years.
Containers Overboard; Response Continues
The U.S. Coast Guard said it continues to respond to the loss of containers from the barge Columbia Elizabeth, which reported losing multiple containers into the sea between Cape Canaveral and Palm Beach, Florida, Sunday. Marine prevention teams from Coast Guard Sector Miami and Marine Safety Detachment Lake Worth have been dispatched to the Port of Palm beach where the barge is currently being unloaded, according to the Coast Guard.
Kohler Power Systems Announces Promotions
Kohler Power Systems has announced two promotions within its marine segment. Patrick Kline has been promoted to Global Marine, Americas, KPS; and Frank Formas has…
Vale Completes Sale of 4 Ore Carriers to Chinese Consortium
Brazilian iron ore miner Vale SA said late on Tuesday in a filing it had completed the sale of four very large ore carriers (VLOC), also known as Valemax class ships…
Damen Trading Launches New Website
The new website for Damen Trading, the brokerage department of the Damen Shipyards Group, integrates Damen corporate house-style as well as an improved profile of services that includes registration, transport and even vessel modifications if required. It also offers trade-in terms for owners looking to buy a new Damen vessel. Damen Trading specializes in tugs and workboats with a global network consisting of ship owners, ship operators and co-brokers.