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ICB Tankers Deal Boosts Weeks' Ship Sales

Greek shipowner John Angel-icoussis' acquisition of four ICB tankers last week was the highlight of a busier market, Allied Shipbroking Inc. said in its latest ship sales report. Angelicoussis paid $189 million in total for the Mindoro (1995-built, 300,294-deadweight tons), the Irian (1992, 286,006-dwt), the Ambon (1992, 285,771-dwt) and the Flores (1995, 284,410-dwt). Aegean Marine Petroleum, also of Greece, paid $2.5 million to buy the 1976 Norwegian-built tanker Maersk Ascension (60,810-dwt). Italian buyers also picked up two tankers last week. Gemarfin paid $8.75 million for the 1982 Japanese-built Meandros (40,632-dwt) while unknown Italian buyers paid $480,000 at an auction in the U.S. for the 1977 Italian-constructed Campo Duran (30,572-dwt). Other tankers sold last week were the 1993 South Korean-built Nathalie SIF (9,176-dwt) by Ramona of Sweden for $14 million and the 1970 British-constructed Stella Orion (5,093-dwt) taken by unknown buyers at an auction for $290,000. Two gas tankers were also sold last week, according to the Greek broker. Olympi of Chile purchased the 1968 French-built Mundogas Europe for $4 million including three years time charter at $9,000 a day, and MC Shipping based in Monaco bought the 1990 Japanese-built Leo Gas (4,316-dwt) for $4.8 million. Greek shipowners also bought heavily last week into bulk carriers, acquiring four of the six vessels sold.


Bulker, Freighter Collide

The Panama-flag bulker China Prospect was involved in a collision on January 2, off Flushing, Netherlands, with the German-flag freighter Veerseborg, Reuters reported. The 45,260 dwt China Prospect, bound for Flushing with a cargo of coal, had a three m hole one m below the waterline and was still outside the port. Damage to the 8,667 dwt Veersborg was unknown.


Britain Prepares For Next Anticipated Computer Glitch

British maritime authorities have reportedly chartered winter tugboats early to help head off a possible shipping disaster anticipated on Thursday - the ninth day of the ninth month, 1999. The date entry "9/9/99" is a "stop file" in some old computers - a command that could shut down systems on an unknown number of ships plying the open seas, Maritime and Coastguard Agency officials said. The failure of navigation or other operations on large ships is the main concern for the MCA when the


Impounded Ship Escapes

Egypt's Suez Canal Authority discovered on Thursday that an impounded Romanian cargo ship had escaped and its whereabouts were unknown. They said the Romanian-flagged Sapphire had been impounded under a court order in February after its owners failed to pay $204,000 in port and transit fees to the authority. There were 23 sailors aboard the 10,046-gt ship. Its cargo included timber.


Barge Capsizes

The U.S. Coast Guard issued a Press Release stating that the tank barge that struck an unknown submerged object in the Gulf of Mexico has capsized. Salvage and spill response operations continue. The agency also issued a Photo Release of the capsized barge.


Malaysia, Ship Robbed at Anchor

The ReCAAP Information Sharing Centre issued an incident alert stating that a chemical tanker anchored at night off southeast Malaysia was boarded by an unknown number of robbers, who stole some engine spare parts. Masters are reminded to maintain vigilance and to adopt precautionary measures when anchored in the area. (3/11/10). (Source: Bryant’s Maritime News)


Anchor Caused ’04 Delaware River Oil Spill

The U.S. Coast Guard announced the cause of the November 2004 oil spill in the Delaware River, saying a submerged 18,000-pound anchor of unknown origin caused the gash in the hulking Greek tanker, the Athos I. The other objects that had been suspected in the accident - a pump casing, a large concrete block, an 11-ton propeller - have been cleared of all charges. It was a costly accident, both financially and environmentally


Daewoo To Split Into Three Units

South Korea's Daewoo Heavy Industries Co apparently plans to split into three units on October 23, pending an approval from its board of directors. It's unknown at present how the spin off will effect the world's second largest shipbuilder. The company planned to divide its shipbuilding and machinery operations and form a third company to manage its debts. The machinery and shipbuilding units are expected to list separately around December 20


Japanese Fishing Boat Derelict Approaching Alaska

Fishing boat that survived Tsunami: Photo credit: USCG

Coast Guard monitoring Japanese tsunami drifter as it nears the Alaskan coast A derelict Japanese ship dislodged by last year’s massive tsunami is drifting toward Alaska, the Coast Guard said. The shrimping vessel was floating slowly northwest in the Gulf of Alaska about 125 miles west of the nearest point of land — Forrester Island outside the Dixon Entrance, a maritime transportation corridor separating U.S. and Canada jurisdictions


Drilling Rig Sinks While Under Construction

Reuters reported that a rig under construction for Odfjell Drilling sank at a Daewoo-owned shipyard in South Korea Saturday.   The drilling rig, intended for BP use at the Schiellion and Loyal fields in British Waters, had workers on board at the time of the incident, but it is unknown how many. No injuries have been reported.   The rig allegedly sunk to the seabed, but is not submerged.   Sources: Reuters


USCG Rescues 4 after Vessel Hits Breakwall

The U.S. Coast Guard (USCG) rescued four men after the 30-foot vessel they were aboard struck the breakwall on the north side of the Milwaukee Harbor entrance late Thursday evening. Just after 9:30 p.m., local time, watchstanders at Coast Guard Sector Lake Michigan in Milwaukee received


Navy Divers Note USS Houston Grave Site Disturbance

Wreath-laying: Photo USN

U.S. Navy underwater archeologists, in conjunction with Indonesian Navy divers, have assessed in an interim report that the wrecked vessel surveyed in the Java Sea in June is "consistent with the identification" of the World War II wreck of the cruiser USS Houston (CA 30)


Port of Long Beach to the Rescue of Birds

Protection  of Local Species

  The Port of Long Beach announced Tuesday that it is expanding its partnership with International Bird Rescue, a global expert in oiled wildlife emergencies and aquatic bird care, a partnership that was unofficially established during an animal cruelty case that made Southern California


Tanker Carrying Kurdish Oil Reappears Unladen off Israel

A tanker carrying crude oil from Iraqi Kurdistan reappeared unladen on Aug. 19 about 30 kilometres off the coast of Israel, ship tracking data on Reuters showed. This is the second time the Kamari has appeared in the area in the last two weeks carrying Kurdish oil.


Global Ocean Trade: Latest Shipbuilding Orders

Contract: File photo

Newbuilding activity has continued at a steady pace this week with a number of new orders reported across dry bulk ships and tankers by Clarkson Hellas in their latest S&P Weekly Bulletin, as follows: Dry bulk carriers Tsuneishi have taken an order at their Cebu facility in the Philippines


UK Divers Fined for Undeclared Shipwreck Raids

Artifacts that were taken from the wrecks (MCA photo)

In a landmark case, two divers today have been made to pay a total of £63,500 in fines and costs for not declaring valuable items from shipwrecks off the U.K. coast. David Knight and Edward Huzzey, both from Sandgate, had previously pleaded guilty to 19 offences between them


Container Shippers Battle Falling Rates

Photo: Greg Trauthwein

As freight rates keep declining, cost reductions are the top priority for box carriers. Drewry’s 2Q14 Container Forecaster highlights that there is a widening gap between the positive financials of the few carriers really focused on cutting costs and the rest of the top 20 lines


Cost-Cutting Container Carriers Forge Ahead: Analysis

Maersk Triple E: Photo CCL 3

As freight rates keep declining, cost reductions are the top priority for box carriers, according to Drewry's 2Q14 'Container Forecaster', highlighting that there is a widening gap between the positive financials of the few carriers really focused on cutting costs and the rest of the top 20 lines


Maritime Piracy Infesting SE Asia Waters: Dryad Maritime

Piracy infographic courtesy of Dryad Maritime

Dryad Maritime informs it is warning of an increasing threat from Southeast Asia piracy following the release of their Q2 figures which show that the area continues to experience the highest number of maritime crime incidents in 2014 when compared to other traditional piracy hot spots.


Dryad: Asian Piracy on the Rise

Dryad Maritime Q2 Infographic Analysis (Credit Dryad Maritime)

Dryad Maritime gives warning of increasing SE Asia piracy. The warning results from the release of their Q2 figures, containing data that shows the area experiences the highest number of maritime crime incidents in 2014 in comparison with other traditional piracy hot spots.


USCG Search for Missing Diver in the Bahamas

Courtesy USCG

   Coast Guard search-and-rescue crews are searching for a man who went missing during a commercial shark diving venture in the vicinity of West End, Bahamas, Sunday night. Missing is John E. Petty, 63, hometown unknown. Coast Guard 7 District command center watchstanders were


Navy Explains FY-15 30-Year Shipbuilding Plan

Navy explains shipbuilding plan: Photo USN

The US Navy informs that it has delivered to Congress its annual long-range plan for the construction of naval combatant and support vessels for fiscal year 2015 (FY15) in summary as follows: "Commonly referred to as the 30-year shipbuilding plan


Fire Controlled at Brazil Sugar Export Terminal

Firefighters at Brazil's Santos Port contained a blaze at two sugar warehouses operated by Cosan SA early on Monday, but the damage threatened to disrupt exports. The fire broke out at the sugar terminal's Warehouse X at 4:30 p.m. local time (1930 GMT) on Sunday


Cammell Laird Bolsters Energy Division

John Eldridge

Birkenhead-based shipyard and engineering services company Cammell Laird is ramping up its activity in the energy sector by investing more than £1.5 million in its facilities and appointing a leading nuclear sector engineer. John Eldridge has joined Cammell Laird from Sellafield Ltd


Dryad Maritime: Ocean Ambush “Game Changer”

Ian Millen

In the early hours of Saturday 9th August 2014, the radar of a product tanker transiting south, 200 nautical miles off the Nigerian shoreline detected a probable pirate mother ship lying in wait close to its track.   Shortly after detecting the vessel






 
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