First post-quake cargo cleared in U.S.
LOS ANGELES, MARCH 24, 2011: U.S. Customs and Border Protection gave global shipping line APL an all-clear here this week for the first shipment of containerized cargo from post-earthquake Japan. According to Customs, technicians conducted radiation tests on 355 containers discharged at the Port of Los Angeles from the vessel APL Korea. All containers were cleared for delivery to locations throughout the U.S.
Eagle Bulk Shipping Inc. Reaches Agreement With Korea Lines Corporation
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.
TSAKOS Announces The Completion Of Sale Of The Aframax Tanker Opal Queen
ATHENS, GREECE – March 24, 2011 - Tsakos Energy Navigation Limited (“TEN” or the “Company”) (NYSE:TNP) today announced the delivery of the 2001-built aframax tanker Opal Queen to her new owners. The capital gain of over $5 million while the free cash of over $16 million from this sale will be recorded in the first quarter of 2011, while the free cash to be generated will be used for future vessel opportunities.
Petrobras Awards Lankhorst Ropes Dyneema Deepwater Mooring Line Contract
Leading deepwater rope manufacturer, Lankhorst Ropes, has secured the first-ever, worldwide order for Dyneema synthetic mooring rope for deepwater MODU (Mobile Operating Drilling Unit) projects from Brazilian oil and gas producer Petroleo Brasileiro SA (Petrobras). Gama 98 is a rope construction developed by Lankhorst Ropes specifically for deepwater mooring, and used on a number of major deepwater projects in the Gulf of Mexico. The rope will feature up to 12 Dyneema SK78 yarn sub-ropes.
Shipping Industry Needs to Leave Comfort Zone to Reduce Piracy
Reducing the number of ships that are hijacked by Somali pirates is a realistic prospect in the near‐term if shipowners and operators are willing to adopt a security…
Marinette Marine Seeks Contractors
According to a report from the Greenbay Press Gazette, on March 23 the Marinette Marine Corp. Small Business Industry Day was held in Wisconson for prospective contractors…
Japan's Quake May Boost Korean Industry
According to a report from Bloomberg, with the prospect of less competition from Japan due to the earthquake and tsunami that hit the country, and increased demand when the Japanese start rebuilding…
Sungdong Shipbuilding Wins $550M Order
According to a report from Reuters South Korean small and medium-sized shipbuilder Sungdong Shipbuilding and Marine Engineering Co Ltd said it had won a combined…
S Korea Won Up, $816M Shipbuilding Order
According to a report from The Wall Street Journal the South Korean won rose against the dollar, buoyed by news that shipbuilder Samsung Heavy Industries (010140.SE)…
BOEMRE Approves Fifth Deepwater Drilling Permit
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) approved a fifth deepwater drilling permit on March 24 that complies with rigorous new…
German Shipbuilder Uses Leica Geosystems
According to a report from Manufacturingtalk.com, the surveying team at Meyer Werft, a shipbuilder based in Northern Germany, uses instruments only from Leica Geosystems…
S Korean Shipbuilders Ask Posco to Raise Output
According to a report from The Wall Street Journal, South Korean shipbuilders have asked Posco to increase production of shipbuilding plates as a hedge against a…
Resolve Marine Group Refloats Drydock in Guam
Resolve Marine Group has successfully raised and refloated the “Machinist” drydock at Guam Shipyard in Apra Harbor, Guam. The 825-ft drydock sank on January 2, 2011 during a rough weather event. Resolve began the salvage job on January 31 and successfully refloated the drydock on March 3. Resolve’s Salvage Master, Salvage Engineer, and salvage divers first conducted a comprehensive casualty assessment…
BOEMRE, USCG to Conduct Seventh Session of Investigation into Deepwater Horizon
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE)/U.S. Coast Guard (USCG) Joint Investigation Team, which is examining the Deepwater Horizon explosion and resulting oil spill…
One-of-a-Kind Navy Ship in U.S./Republic of Korea Exercise
In 2009, the Military Sealift Command offshore petroleum distribution system ship MV Vice Adm. K.R. Wheeler (foreground) and Military Sealift Command tanker USNS Lawrence H. Gianella (background) practice running a float hose between the two ships during a one-day exercise off the coast of Yeosu, South Korea. (U.S. Navy photo by Edward Baxter, taken off Yeosu, South Korea on Aug. Military Sealift Command offshore petroleum distribution system ship MV Vice Adm. K.R.
Rhothetha Shows SAR, Tracking Solutions in Brazil
Rhothetha, with headquarters in Murnau, Germany and sales and service centers in Utah and Florida, will be exhibiting at LAAD 2011 in Rio de Janeiro, Brazil. The…
First Tier-III-Compliant, Two-Stroke Engine Unveiled in Japan
The engine, an MAN B&W 6S46MC-C8 type capable of an output of almost 7 MW, was constructed in autumn 2010 by Hitachi Zosen Corporation at its Ariake works in southern Japan. The engine is bound for a general cargo carrier, to be built at the Nakai shipyard and scheduled to enter active service later this year. The vessel was ordered by Japanese customer, BOT Lease Co. Ltd., and is operated by Nissho Shipping Co. Ltd. The first engine-start took place in January 2011.
Piracy Likely to Escalate into Small Wars Says Expert
It is likely that Somali pirates will soon raise the level of lethal violence with the result that there will be “small wars” on the open sea, according to security expert Casey Christie.
Night Navigator SOS Demonstrations
The Night Navigator SOS (Safety On Seas) provides image night and day in adverse weather conditions. high-resolution thermal imager. Active gating allows you to see through heavy rain…
This Day in U.S. Coast Guard History - March 24
1909- Muskeget, Massachusetts: the schooner Vigilant parted moorings, and stranded one mile south of the station. The owner applied to the keeper at 10:30 p.m. for assistance.
