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Vessel Hijacking Reported on Niagara River

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The U.S. Coast Guard (USCG), Customs and Border Protection, Canada's Niagara Regional Police and the Niagara County Sheriff's Office are investigating a reported hijacking of a Canadian-flagged charter vessel by two Canadian men Tuesday afternoon. About 1:30 p.m. the master of an 18-foot Canadian charter vessel took his boat to Coast Guard Station Niagara, New York, to report that just moments ago two men, both believed to be Canadian citizens, had directed him at knife point to take them to shore. The men had arrived at the Queenston, Ontario, Marina on the Niagara River earlier and paid for a fishing charter. The charter vessel captain reported that after he transited to Lake Ontario for the charter one of the men pulled a knife and demanded the master take them to shore immediately. The master cooperated with the demands and took the men to shore near Four Mile Creek State Park in New York. Both men had phones and began making calls as they fled the scene on foot. The master immediately transited to Station Niagara and reported the hijacking to station personnel. Station Niagara crews completed a shoreline search with no sightings. Once investigators gathered all the information and evidence they needed, a Station Niagara boatcrew escorted the captain and his vessel back to Queenston.   This investigation is currently ongoing, the USCG said.


Horizon Lines Reaches Agreement with CSX

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CHARLOTTE, NC, May 2, 2011 – Horizon Lines, Inc. (NYSE: HRZ) today announced that it has finalized an agreement with CSX Corporation to reduce charter payments on three vessels leased from CSX. Under the agreement, charter hire expense has been reduced by $3 million annually, retroactive to January 2011, through the January 2015 expiration of the charter. The agreement represents a total savings of $12 million for Horizon Lines over the remaining life of the charter


Cory Brothers Shipping Wins BP Hub Agency Contract

Cory Brothers Shipping has been awarded a five year Hub Agency contract by BP Shipping covering the Baltic, Europe, and Mediterranean regions. This is the largest region awarded by BP Shipping within its global system and covers some 6,000 port calls per year. Cory Brothers will be responsible for managing the agency network for BP’s own fleet and voyage chartered vessels employed on BP business. The Hub Agency system ‘ShipTrak’ developed by Cory is linked to BP’s


Offshore Solutions’ OAS, 1000 Connections

Photo courtesy Fifth Ring

Offshore Solutions B.V. (OSBV) reported that the OAS, mounted onboard the GDF SUEZ E&P Nederland B.V. (GSEPN) chartered vessel, REM Mermaid, has achieved over 1,000 operational connections without any LTIs. An OAS is a heave compensated telescopic gangway, enabling the safe transfer of personnel from a vessel to an offshore installation (wind turbine, oil or gas platform) designed to operate in 2.5 metre Hs (significant wave height) sea states


Eagle Bulk Shipping Inc. Reaches Agreement With Korea Lines Corporation

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NEW YORK, March 25, 2011 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (Nasdaq:EGLE) ("Eagle Bulk") announced today that it has reached a comprehensive agreement with the Receivers of Korea Line Corporation ("KLC") regarding twelve time-chartered vessels impacted by KLC's decision to file for protective receivership earlier this year. The agreement follows extensive and highly constructive dialogue between the two parties.


Cecon Completes Installation Offshore Nigeria

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End March Cecon has completed the installation of four flexible pipelines and umbilical’s for Broron Oil & Gas/Addax Petroleum in waters offshore Nigeria, West Africa.   The project was  initially awarded (Oct 2011) to Cecon ASA as a fast-track subsea tieback project for the management, transport, installation and tie-ins of two flexible pipelines and two umbilicals between two wells in 130 m water depth and the Okwori FPSO


N-KOM Drydock Receive First Qatargas Vessel

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Nakilat-Keppel Offshore & Marine (N-KOM) has received the first Qatargas-chartered vessel “Al Wakrah” to dry dock at the Erhama Bin Jaber Al Jalahma Shipyard, Qatar’s new, world-class offshore and marine hub at the Port of Ras Laffan. “Al Wakrah”, which is owned by a Japanese consortium led by Mitsui O.S.K. Lines, Ltd. (MOL) and managed by MOL LNG Transport Co., Ltd. (MOLLNG), will undergo general maintenance works such as main and generator turbine


Irish Ferries Increase Dublin-Holyhead Capacity

Epsilon

Irish Ferries has chartered the Epsilon (built in 2011) to supplement its existing Ireland to Britain services. The ship will provide two additional departures per day in each direction which will result in an increase in the company’s schedule to a maximum of twelve sailings between Dublin and Holyhead each day. The recently built vessel will provide significant vehicle capacity along with modern facilities on board including cabins, bar/cafeteria and self-service restaurant.


Offshore Surveyor Training: Kongsberg's New Workboat

True North: Image Kongsberg

Kongsberg Maritime says it has introduced a series of new on-water training courses for offshore surveyors and survey engineers following the launch of its own chartered vessel, 'True North'. The vessel will enable Kongsberg Maritime Ltd to introduce a practical element to the courses already offered at its training centre in Westhill, Aberdeen, on the company's products for the offshore survey industry. True North, which works out of Stonehaven just a few miles from the training centre


OAO Sovcomflot’s 9M/Q3 2014 Results

  OAO Sovcomflot (SCF Group) today reported results for the nine months and third quarter (Q3) ended 30 September 2014.   Nine months 2014 – Financial Highlights (IFRS accounts) USD millions 2014 (9 months to 30 September) 2013 (9 months to 30 September) +/-


Rodriguez Appointed Deputy Maritime Administrator

Mike Rodriguez

Mike Rodriguez, U.S. Merchant Marine Academy Alum, was sworn in as Deputy Administrator of the U.S. Department of Transportation Maritime Administration (MARAD). Rodriguez has more than 35 years experience as a maritime industry professional in both the public and private sectors


SSI Highlights the Rise of the Sustainable Shipper

Charterers’ future procurement decisions will be driven by an increasing drive to improve sustainability within shipping supply chains. The Sustainable Shipping Initiative (SSI), a pioneering coalition of companies from across the global shipping industry focused on uniting commercial


Concordia Increases Exposure with Tanker Contract

Stena Supreme

Concordia Maritime takes a position in the Stena Bulk’s Suezmax fleet corresponding to a 50 percent charter of one tanker.   The transaction was done by Stena Bulk and the vessel will operate during one year on the open spot market in the successful Stena Sonangol Suezmax pool


NRL Researchers Demo Ship-to-Shore Data Link

The TREC test assembly shown on the charter vessel as it enters the Port of Miami. Researchers established communications links with a similar terminal located on the roof of one of the buildings in the distance. (Photo: U.S. Naval Research Laboratory)

Scientists at the U.S. Naval Research Laboratory (NRL) along with Mercury Continuity (MC) have demonstrated the Tactical Reachback Extended Communications (TREC) system in the port of Miami.    The NRL-developed communications technology


Deep Sea Carriers Attracted to Intra-Asia Routes: Analysis

Intra-Asia Annual Volumes teu: Image courtesy of Drewry Maritime Research

Cargo growth on intra-Asia routes is attracting deep-sea carriers due to the availability of cheap charter vessels and economies of scale between China and SE Asia, but regional players also know how to form defensive alliances, reports Drewry Maritime Research in its latest 'Container Insight


Terntank Orders 2 More LNG Fueled Tankers

Chartering Dept of Terntank

Terntank proclaims its options on two sister ships to the two LNG powered product tankers ordered in the autumn of 2013. The oil company NEOT also confirmed that they are taking in two of these on time charter. Terntank Rederi AS now has four LNG powered 15


Great Lakes Coast Guard Rescue 9

  Coast Guard and Coast Guard Auxiliary  crews across the Great Lakes rescued 9 people during multiple cases from different locations across the Coast Guard 9th District Saturday. The names of those rescued are not being released and there is no imagery or video for any of the


Matson Increase Quarterly Dividend 6.25 %

Matson ships meet: Photo Matson

The Board of Directors of Matson, Inc. a leading U.S. carrier in the Pacific, informs it has declared a third quarter dividend of $0.17 per common share.  The dividend represents a one-cent increase, or 6.25 percent, over the previous quarter's dividend and will be paid on September 4


Search for Possible Missing Kayaker Near Kauai

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The Coast Guard is searching for a possible missing kayaker in the Kaulakahi Channel off Kauai, Sunday.   Watchstanders at Coast Guard Sector Honolulu  received notification from the charter vessel HOLO HOLO that reported sighting an unmanned 15-foot yellow


Matson to Release Q2 2014 Financial Results

Matson containerships: Image courtesy of Matson

Leading U.S. carrier in the Pacific, Matson, Inc., informs it will release its financial results for the Second Quarter 2014 on Thursday, July 31, 2014. President and Chief Executive Officer Matthew Cox and Senior Vice President and Chief Financial Officer Joel Wine will discuss the results for


USCG Assists Stranded Charter Vessel

U.S. Coast Guard (USCG) crews are assisting a disabled passenger vessel approximately 13 miles east of Nahant, Massachusetts, Monday. Watchstanders at Coast Guard Sector Boston received notification at approximately 4:30 p.m., that the 83-foot passenger vessel Cetacea had a line entangled in


VSTEP Delivers FMB Simulator to Danaos

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Danaos Corporation purchased a NAUTIS DNV Class A FMB Simulator and Instructor Station for training of its fleet members.  The simulator will be delivered and installed by VSTEP at Danaos Shipping Co Ltd. Headquarters in Piraeus, Greece.  


CMA CGM Continues Expansion, Confirms Profits

Photo: CMA CGM

The Board of Directors of CMA CGM Group, the world’s third largest container shipping company, met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive Officer, to review the financial statements for the second quarter of 2014.


Bourbon Posts Weak First Half Results

PSV Bourbon Explorer 501 (Photo courtesy of Bourbon)

Bourbon published its first half results for 2014, recording adjusted revenues up 8.9% at constant rates, reflecting an increase in the size of the fleet, despite a lower utilization rate (adjusted revenues increased 1.5% at current rates). Adjusted EBITDAR as a percentage of adjusted revenues


DNV GL, Marorka Ink Cooperation Agreement

From right to left: Dr. Torsten Büssow, head of the performance management unit at DNV GL and Albrecht Grell, head of DNV GL’s Maritime Advisory division sign a cooperation agreement with Ole Skatka Jensen, CEO of Marorka and Dr. Bjarki Andrew Brynjarsson, COO of Marorka at the SMM.

 At SMM today, a cooperation agreement was signed between DNV GL and Marorka. Under the cooperation, the companies will join forces to integrate DNV GL ECO Insight performance management portal with Marorka onboard data collection platform and decision support tools –thereby providing






 
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