Maritime Industry Top News
Hapag-Lloyd Boosts Direct EAX Service Between Europe and Australia
German liner company Hapag-Lloyd has further improved the Europe Australia Express service (EAX), one of its prime products. New port calls in Fos sur Mer and Pointe…
New Facility for Virginia-Class Submarine Sailors at Newport News Shipbuilding
Huntington Ingalls Industries (HII) announced today that its Newport News Shipbuilding division has opened a new facility that provides workspace for the crews of…
RasGas to Waive $1bln Penalty on LNG Deal
Qatar-based natural gas producer RasGas will not penalise Petronet LNG for lower offtake of the fuel, says a report by PTI. Qatar has agreed to waive $1 billion…
Transpacific Container Lines Address Economic Pressures Ahead in 2016
In a container freight market challenged by volatility and facing the prospect of further consolidation, member shipping lines in the Transpacific Stabilization…
Pioneer Marine Plunges into Red Again, Cancels Ship Orders
Singapore-based Pioneer Marine reported a $5.4m loss for the third quarter of 2015, about even with a $5m loss in the same quarter last year. It canceled orders…
GBP1mln Grant to Create 100 Jobs at Ferguson Shipyard
The last commercial shipyard on the Clyde, Scotland, has secured grant to help safeguard 125 jobs and create a further 100. Ferguson shipyard has been awarded a…
Metal Shark Delivers Port Security Fireboat
Louisiana-based shipbuilder Metal Shark announced it has delivered a 55-foot multipurpose port security vessel to the Plaquemines Port Harbor and Terminal District in Louisiana. Based on Metal Shark’s Defiant-class monohull pilothouse design, the welded aluminum vessel is designed to support port security efforts and firefighting missions at the port district, located 20 miles south of New Orleans at the mouth of the Mississippi River.
Putin Says Eyes Trade Boost with Iran
Russian President Vladimir Putin said on Monday he wants to boost trade ties with Iran after meeting with leaders of the Islamic Republic in Tehran. Putin, speaking at joint briefing with Iranian President Hassan Rouhani, also said there are plans to create a free trade zone between the Moscow-led economic union of former Soviet Union countries and Iran, as well as increased use of national currencies in trade with Tehran.
Commodities Hit 2002 Lows Before Rebounding on Oil
Commodities hit 13-year lows before rebounding on Monday after Saudi Arabia's pledge to work toward crude price stability bolstered oil and France's first wheat…
Somali Pirates Hijack Iranian Fishing Vessel
Somali pirates have hijacked an Iranian fishing vessel with 15 crew members, a Somali official and a maritime expert said on Monday amid warnings that piracy might…
Thordon Wins Environmental Award
COMPAC, Thordon Bearings’ seawater lubricated propeller shaft bearing system, won the Tanker Shipping & Trade Environment Award following a verdict that the system allows shipowners to cost-effectively comply with stringent marine pollution rules. Dr. Karen Purnell, the Managing Director of the International Tanker Owners Pollution Federation (ITOPF), who sat on the award judging panel alongside representatives from INTERTANKO…
Magleby Maersk Calls at Jebel Ali
Press release - Global marine terminals operator DP World’s flagship Jebel Ali Port has received the world’s largest container vessel, the Magleby Maersk, which is on its maiden visit to the region. The management and operations team at Jebel Ali rolled out a well-drilled operation to welcome, berth and service the mammoth liner with the clockwork-like precision that has made the container port the most productive in the world.
Cadmatic Used for Alaska Ferry Design
The Alaska Marine Highway System (AMHS) has awarded the Alaska Class Ferry project to Vigor Alaska shipyard in Ketchikan, Alaska, where construction is currently underway.
Lightering Operations Begin for Sunken Lake Barge
Lightering operations has begunn for the tanker barge Argo sunken in Lake Erie as Unified Command responders took advantage of a favorable weather window, the U.S. Coast Guard reported. The first of Argo’s eight tanks are being tapped and offloaded. The product will be pumped into a specialized container on a work barge where it will be run through a series of carbon filters to separate and remove the flammable vapors from the product.
SSI Urges IMO for Action on Reducing CO2 Emissions
The Sustainable Shipping Initiative (“SSI”), a pioneering coalition of companies from across the global shipping industry, today released - ahead of discussions at COP21…
Halul Brings OSV Ship Handling Simulator to Qatar
Halul Offshore Services Company, a wholly-owned subsidiary of Milaha, has recently procured an offshore support vessel (OSV) ship handling simulator, which is reportedly the first of its kind in Qatar. Halul said it is now one of the few companies in the Gulf region to own the Netherlands-built simulator, which is normally used in training schools. Chairman of Milaha, HE Sheikh Ali bin Jassim Al Thani…
Panama Canal Takes Steps to Shrink Wait Times
Aiming to help accommodate unseasonably high demand, the Panama Canal Authority (ACP) announced it has taken a number of steps to expedite traffic and decrease Canal Waters Time (CWT). The ACP has postponed noncritical maintenance work, modified bookings and assigned additional operations personnel. As a result, the canal has made steady progress, according to ACP. ACP said current wait times for transiting ships have been reduced and now stands at four days or less.
New Charges in 2012 Fatal Platform Blast
Black Elk Energy Offshore Operations LLC, Grand Isle Shipyards Inc., Wood Group PSN Inc., as well as Don Moss, 46, of Groves, Texas, Curtis Dantin, 50, of Cut-Off, La., and Christopher Srubar, 40, of Destrehan, La., have been charged with crimes for a November 2012 explosion on an oil production platform that resulted in the death of three workers, the injury of others and an oil spill, announced the Department of Justice’s Environment and Natural Resources Division and the U.S.
IMC to Design New Catamaran for Bali Hai Cruises
Marine tourism operator Bali Hai Cruises has selected International Maritime Consultants (IMC) for the design of its next generation day cruise catamaran. Working closely with Bali Hai Cruises, IMC has developed a design that aims to support the operator’s wide range of operations, which includes a variety of tourism experiences from Benoa Harbour, such as day cruises to a water activities pontoon off Nusa Lembongan…
Cammell Laird Seals the Deal for UK Polar Ship
The deal has been finalized for marine and engineering services company Cammell Laird to begin work on the U.K.’s new £200 million polar research ship. The Birkenhead shipyard Cammell Laird said it saw off competition from Europe and beyond including Korea and Singapore to be selected as the preferred bidder to build the new vessel for the government-funded Natural Environment Research Council (NERC).
