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OCEAN TRANSPORT

SeacorHoldings OrderTwo LPG Carriers

Seacor Holdings Inc. (SEACOR) announced  that it has executed an agreement with Hyundai Heavy Industries Co., Ltd. (HHI), through a subsidiary of SEACOR Ocean Transport Inc., for the construction of two Liquefied Petroleum Gas tankers (Very Large Gas Carriers, otherwise known as VLGCs) with expected deliveries in 2014 with an option to purchase up to three additional VLGCs with delivery in 2015.  These vessels will be equipped to meet current and expected environmental and regulatory requirements and feature substantially improved performance and consumption due to a new hull design and the latest generation MAN B&W G-type engines. Seacor anticipates that the new vessels will be managed by Dorian (Hellas) S.A. in a pool together with three VLGCs owned by affiliates of Dorian. Dorian also has an option to acquire or co-invest in up to 50% of the vessels under contract and option with HHI.


Ho Named to LASCO Board

Lasco Shipping Co.’s Chief Executive Officer Kenneth M. Novack announced that Steven T. Ho has joined the Lasco Board of Directors. Ho, President of Fairmont Shipping (Canada) Limited, headquartered in Vancouver, B.C., Canada, joins George Wood and Anthony Gurnee as outside directors of Lasco. “We’re extremely pleased that Steven Ho has joined our Board,” commented Novack, calling attention to Ho’s over twenty-five years of global shipping experience


Two 171 MW Floating Power Plants for Venezuela

Photo courtesy Waller Marine, Inc.

Waller Marine, Inc of Houston, Texas will soon launch and christen what will become the world’s largest floating power generation facility when installed at a designated site in Venezuela. The two power barges, which Waller has under construction at the Signal International Shipyard in Orange, Texas, will be transferred from their land based construction locations to the water during the next few days and christened by Venezuelan dignitaries at a ceremony at the shipyard on August 21


Qatar Navigation (Milaha) Increases Net Profit in H1 2012

Qatar Navigation (Milaha) Q.S.C. announce its financial results for the first half of 2012, ending June 30th. Summary financial results are as follows:     •    Operating revenues of QR 1.164 billion vs. QR 1.159 billion for the same period in 2011, an increase of 0.4% year over year.     •    Operating Profit of QR 320 million vs. QR 300 million for the same period in 2011, an increase of 6.6% year over year.


Demand Rising to Keep Stuff Cool on Ocean Voyages

Søren Skou, CEO of container shipping giant Maersk Line is keynote speaker at the 4th Cool Logistics Global conference, 24-26 September in Antwerp, Belgium. Mr. Skou will outline Maersk’s position on the critical actions now needed to sustain the future of global refrigerated transport. Over the past decade and more, expansion of refrigerated container ocean services has underpinned growing world trade in an ever-widening range of perishable commodities


Navy Transport Dock Ship Tests Spacecraft Recovery

Spacecraft Orion recovery trial: Photo courtesy of USN

The first installment of a new and historic partnership between the Department of Defense and National Aeronautics and Space Administration begins as the amphibious transport dock 'USS Arlington' (LPD 24) conducts a stationary recovery test of the Orion crew module while berthed at Pier 12, Naval Station Norfolk. During this test, a waterborne Orion crew module (a 16-foot, four-personnel upgrade of the Apollo capsule, which was half the size and carried a crew of three)


APL Launches 53-foot Containers into the Market

The first 53-foot ocean-capable containers from shipping leader APL have rolled off the assembly line and were loaded onto the vessel APL Philippines for their initial voyage across the Pacific. Major retailers have snapped up the containers to take advantage of “big-box economics” on the Transpacific Trade from Asia to the U.S. “We took the first order of 53-foot containers from our manufacturer in China and immediately put them to work,” said Bob Sappio


Colle Shipyard Contract, New ASD Tug

Photo courtesy Signet Maritime

John H. Colle, Jr., President of Colle Towing Company, Inc., Pascagoula, Miss., announced that Signet Maritime Corporation has awarded a new-build contract to Colle Shipyard for construction of Signet Weatherly, a Robert Allan designed RAmparts 3200 105-ft x 38-ft by 17.7-ft ASD tug.  The vessel will be built and classed to ABS Maltese Cross, AMS, Ocean Towing Service standards. She will be employed in Signet’s expanding US Gulf and overseas harbor


Dockwise to Finance New Type 0 Vessel

Dockwise Ltd. Board of Directors approved of the commissioning of a newbuild vessel to serve the emerging demand for ocean transports with capacity of above 100,000 metric tons, and the notice of the same date for a special general meeting (SGM) to authorize the proposed rights issue to part-finance the investment.   The SGM of the company was held on Nov. 23 in Amsterdam, the Netherlands, and all items were resolved in accordance with the Board of Directors' proposals as set out in


WWH Q3 2013 Results Impacted by Weak Shipping Market

Photo courtesy of Wilhelmsen

Reduced volumes of high and heavy cargo and seasonally lower demand for maritime services negatively affected Wilh. Wilhelmsen Holding ASA (WWH) total income and result in the third quarter of 2013. Current activity level for group entities is expected to continue. Operating profit for the third quarter of 2013 was USD 96 million (USD 260 million) based on a total income of USD 873 million (USD 1 075 million). Income and results for the third quarter of 2012 were positively impacted by a


Response Firm Coordinates Indian Ocean Rower Rescue

Rescue of injured rowboat crew member: Image courtesy of K Line

Global Rescue, a crisis response firm providing medical, security, evacuation, and travel risk management services, says it has coordinated the rescue of a rower from the middle of the Indian Ocean after he sustained severe burns. Ocean Row Events (ORE) crew member Shane Usher was successfully


Biogas Plant from Sweden to Denmark

Swedish clean-tech company Malmberg is a market leader in the field of biogas.

  Blue Water Gothenburg has handled an industrial transport project for the Swedish clean-tech company Malmberg which is a market leader in the field of biogas. The items being transported was equipment for a biogas plant in Horsens, Denmark


2H Offshore Joins Deepwater Mining Consortium

2H Offshore.jpg

2H Offshore, an Acteon company, has joined an international European consortium comprising nineteen industry and research organizations to develop deepwater mining solutions. Over the next four years, the European Commission funded project, known as Blue Mining


Crowley Christens New DP2 Tugboat 'Ocean Sky'

Jennifer Legg christens Ocean Sky: Photo Crowley Maritime

Crowley Maritime Corp. says that the third of four tugboats in the Ocean-class series, 'Ocean Sky' has been christend  in Houston.  The ceremony served to formally welcome the third dynamic positioning (DP) tugboat to the company’s expanded ocean towing fleet


ISP, Ocean Signal Equip Schooner with Safety Products

ISP, Ocean Signal signers (Credit Polaris Media).jpg

UK-based maritime firms, International Safety Products and Ocean Signal, have collaborated to equip Britain’s last remaining three-masted top-sail schooner with essential marine safety equipment.   The two firms have supplied lifejackets and an EPIRB (Emergency Position Indicating


MH370 Indian Ocean Search Extended South

MH370 Search Area: Imagae JACC

Australia, Malaysia and China have decided to extend the search area in the southern Indian Ocean, which represents the highest priority for future search efforts for missing Malaysia Airlines flight MH370, informs Australia’s JACC.


MOL (America) Inc. Announces May 2014 KPI Results

 MOL (America) Inc. announces the May 2014 results of its Regional Key Performance Indicators (KPI) in the following categories:  operations, customer service, and electronic data interchange (EDI).  The results are available on a monthly basis and posted in greater detail at www


Ocean Freight Contract Management Post-P3

Intermodal container lift: File photo

The recent decision by Chinese antitrust authorities to block approval of the P3 Ocean Carrier Alliance has increased the demand for Ocean Contract Management. In response, Freightgate is offering free demonstration of its award winning Rate & Tender Management Tariff-Trek! Solution.


K-Line Welcomes 'Galaxy River'

“K”-Line Welcomes Galaxy River

  Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called "K" Line) announced delivery of "GALAXY RIVER", an 82,200 cbm-type LPG Carrier at Sakaide Shipyard of Kawasaki Shipbuilding Co., Ltd., Japan on June 27, 2014.


NOAA Reports 2011 Ocean, Great Lakes Economy Data

ENOW_economic_sectors_photos.jpg

NOAA’s newest output includes a feature on economics. The National Ocean Watch site features facts, charts, story maps and videos. It turns out that our maritime economy – commercial, recreational and everything in between – really matters.


Ocean Safety Sees Big Boost in Gas Business

Gas refilling and service centre at Ocean Safety, Southampton

Ocean Safety said it has been busy since gaining Lloyds Register approval to carry out hydrostatic pressure testing in accordance with TPED (Transportable Pressure Equipment Directive) and things are only set to get busier. During the past year Ocean Safety has noticed a steady increase in business


Maersk, UltraAqua Divest DESMI Stakes

DESMI Ocean Guard OxyClean ballast water treatment system (Photo courtesy of DESMI)

The partners behind DESMI Ocean Guard A/S today announced that A.P. Moller - Maersk A/S and UltraAqua A/S have sold their shares in DESMI Ocean Guard A/S to DESMI A/S. The transaction gives DESMI A/S full ownership of the company, which presently has two Ballast Water Treatment systems in its


MMX Board Approves Lease, Possible Sale of Corumba Iron Ore Mine

Brazil's MMX said late Wednesday it approved the lease and possible sale of its Corumba, high-grade iron ore unit, part of efforts to raise cash and restructure the troubled mining company controlled by Brazilian tycoon Eike Batista. The Rio de Janeiro-based company


MOL to Launch Arctic Ocean LNG Route

MOL Arctic.jpg

Japan's Mitsui OSK Lines Ltd (MOL) said on Wednesday that it will start transporting liquefied natural gas (LNG) through the Arctic Ocean in 2018 using icebreaker LNG tankers. MOL, with its joint venture partner China Shipping, has ordered three icebreaker LNG carriers from South Korea's Daewoo


Kenya Seizes 341-kg Heroin Haul on Ship in Mombasa

Kenyan police on Tuesday seized 341.7 kg of heroin hidden in the diesel tank of a ship, the biggest ever single seizure of drugs at the Indian Ocean port of Mombasa. Police said they did not know the departure point of MV Bushehr Amin Darya






 
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