Container Shipping Embattled
War of attrition in the container shipping market Too many container ships chasing fewer cargoes and unsteady oil prices lead A.P. Moller-Maersk to say the company's outlook for 2012 is subject to considerable uncertainty, citing the global economy and 'sensitivity' in several key areas.
Pocket Luxury Cruise Ship Docks
Swan Hellenic’s Minerva sailed into Portsmouth, UK, following its multi-million pound winter upgrade programme. With a maximum passenger capacity of just 350, popular amongst a discerning band of vacationers, the ship is soon off on a 15 day cruise calling at Oporto and Lisbon (Portugal), Cadiz (Spain), Casablanca (Morocco) and Lanzarote, Tenerife, La Gomera, Santa Cruz de la Palma (Canary Islands) and Funchal (Madeira).
Floating LNG Storage/Gasification Plant for Lithuanian Terminal
Höegh LNG has entered into a ten year time charter for a floating LNG storage and regasification unit to be used as an LNG import terminal in Lithuania, subject…
Pirate Hostages Released by German Warship
Gernan warship FGS Berlin attempts rescue 25 Indian hostages in the Gulf of Aden. EUNAVFOR Warship FGS BERLIN received a call from a merchant vessel reporting that they had successfully repelled a pirate attack in the Gulf of Aden. The warship dispatched one of its helicopters to the scene and quickly located a skiff and an Indian flagged and crewed dhow. It was established that the dhow had been pirated and its crew of 25 Indian nationals were being held hostage.
NY to Keep BWT Rules in Place
In comments filed today with the Environmental Protection Agency, DEC Commissioner Joseph Martens indicated that New York will pursue a uniform, national ballast…
System Control Cameras for RCN Halifax-class
The HALIFAX class frigate (hull designation FFH) is a class of 12 multi-role patrol frigates that has served the Canadian Forces since 1992. In 2007, the Canadian government announced a planned refit of the HALIFAX class known as the HALIFAX Class Modernization Project. The cameras will be provided to prime contractor L-3 MAPPS for installation in its integrated management system upgrade of control systems for propulsion plant…
Multi-purpose Deck Cargo Ship Launched
STX Finland Oy Turku shipyard has launched a multipurpose deck cargo vessel built for Gaiamare Ltd. due delivery later in the year. With a LOA of 105.4 m and a breadth…
Star Polaris Damaged Entering Turkish Port
Star Bulk Carriers Corp. (Nasdaq: SBLK) announced that one of its vessels, the STAR POLARIS, sustained bottom damage when entering the port of Eregli, Turkey. Following a survey of the damages…
Newly Launched Transas Wave Saves Fuel
ECDIS manufacturer Transas Marine has launched its fuel efficiency monitoring system, Transas Wave. Designed for commercial shipping, Transas Wave provides al solution…
Ribcraft Delivers Patrol Boats to Vermont State Police
Ribcraft, the United States manufacturer of professional grade rigid inflatable boats for law enforcement, safety professionals, and military agencies, announced…
U.K. Could Save $5.6 Billion by Linking Offshore Wind Farms: Report
Bloomberg reports that the U.K. could save as much as $5.6 billion by connecting offshore wind farms to each other, cutting down on construction and operating costs.
This Day in Naval History - March 02
1859 - The first Navy ship built on the West Coast of the United States, Saginaw, is launched at Mare Island, Calif. 1867 - The Navy Civil Engineering Corps is established.
Vicel Group, Aqua-Chem Create Joint Venture
Vicel Group, a Brazilian representative of global freshwater and wastewater treatment equipment suppliers and an engineering services company for oil platforms and ships, will meet with Aqua-Chem Inc.
JFE, IHI Shipbuilding Target $6.2 Billion in Sales: Report
Bloomberg reported that JFE Holdings and IHI Corp. will seek to increase sales of their combined shipbuilding units by about 30 percent in five years to fend off…
STX to Carry Out Conversion on Multipurpose Cargo Vessel
STX Finland Oy and Gaiamare Ltd. have signed a conversion contract on extensive modification work on the multipurpose deck cargo vessel Aura I. Modification work…
Steep Growth in Hamburg’s Container Throughput for Poland
Following a slight downturn in 2010, volumes in container handling between the Port of Hamburg and Poland recovered notably in 2011. Feedership container traffic with Poland grew by 33.3 percent…
Delta Power Secures Order From Irish Coastguard
In 2011, the Irish Coastguard placed a contract with Delta Power Group (builder of Delta RIBs) to supply 12 highly specified RIBs as part of a five year program…
FSA Hosts Lunch for New IMO Secretary General
The Filipino Shipowners Association (FSA) Joint Manning Group (JMG) honored IMO Secretary General Koji Sekimizu at a welcome lunch, held at the Manila Peninsula Hotel in Makati.
MOL Launches Performance Management Program
Tokyo - Mitsui O.S.K. Lines Ltd. (MOL) announced the launch of a plan to regularly publish the results of several key performance indicators (KPI) for its Containership…
Acteon Appoints Punnett as President of OIS
Offshore Installation Services (OIS) Ltd., an Acteon company, has appointed Jeremy Punnett to global president. He will be based in Aberdeen, UK, at Acteon’s Tern Place facility.