First Contracts for Innovative Bulk Carrier Design
Deltamarin said that it entered into a contract with CSSC/Guangzhou Wenchong Shipyard Co. Ltd. (China) for the design of B.Delta25 bulk carriers, the first contract for the 28,000 dwt bulk carrier.
Drewry’s: Container Freight Rates Headed Higher
The recent successful implementation of significant rate restoration initiatives by carriers in the core east-west trade lanes means that most are now operating above break-even.
Hyundai Heavy Wins US$ 1.2-billion Order
The containerships, measuring 368 m in length, 51 m in width, and 29.9 m in depth, are scheduled to be delivered from the second half of 2013 to the second half of 2014.
Thailand Port Expansion Opposed by Residents
The move comes after the Transport Ministry proposed a 120-billion-baht (US$ 3.7-billion) project over seven years to expand the busy Chon Buri port. The port has undergone two development phases…
China Operating Region Set Up by Integraph
Intergraph® Process, Power & Marine (PP&M) has created a new world industry region: Greater China. It will be the division’s fourth region because of its size, success…
Samsung Deliver Suezmax Tanker to Concordia Maritime
The Stena Supreme is a crude oil tanker and with a length of 274 m, largest vessel in Concordia Maritime’s fleet. million, will be employed in the open market via the Stena Sonangol Suezmax Pool.
Cruise Ship Fires Indian Waiters
P&O Cruises have sacked 150 Indian waiters for protesting wages as low as 75 pence per hour (US$1.17) – eight times below the national minimum, reports the 'Hindustan Times'.
ASCO Acquires Safety Training & Lifting Company
With its HQ in Aberdeen, NSL is one of the industry's leading safety training companies and a supplier of specialist personnel, operating globally out of bases…
Farstad Takes Delivery of New PSV
Platform Supply Vessel (PSV) 'Far Scotsman' delivered from STX OSV Langsten shipyard to Farstad Shipping Ltd. The vessel is of PSV 08 CD design, developed in close co-operation between STX Europe and Farstad Shipping. Far Scotsman will trade the spot market in the North Sea. Eksportkreditt Norge AS financed the vessel in cooperation with DNB Bank ASA, GIEK and SpareBank 1 SMN. Farstad Shipping's fleet currently consists of 54 vessels (29 AHTS…
Portuguese Shipbuilder Delivers Workboats
These 12m workboats are built to perform services as mooring vessels but they are also able to work as a "Push/Pull" boats having W type fender at the bow and towing hook at the stern to achieve a 2.200Kgf bollard pull. ENP constructions C-983 and C-984, were certified by DNV.
dB Control Get Five-year Naval Contract
dB Control awarded $3.3M, five-year contract to supply high-power products to U.S. dB Control Corp., manufacturer of high-power microwave amplifiers, radar/electronic…
Horizon LInes Receive Devlin Safety Awards
Horizon Lines' vessels receive 2011 Jones F. Horizon Lines, Inc., one of the nation's leading domestic ocean shipping companies, has received recognition from the Chamber of Shipping of America (CSA) for its safety record, as well as for the rescue earlier this year of three stranded sailors by the Horizon Reliance. CSA presented six Horizon Lines vessels and their crews with the 2011 Jones F. Devlin Award for safety at its 2012 Annual Safety Awards luncheon last month.
Bulk Carrier Owners' Stock Price Not Up to the Mark
Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP) announce it has received written notification from The Nasdaq Stock Market (“Nasdaq”) dated June 29…
Vroon Name Subsea Support Vessel
VOS Shine was christened by Mrs Gwen Klaphake, wife of Mr Rolf de Vries, Managing Director, Blue Stream Offshore B.V.. the first charterer of the vessel. The new vessel is a DP-2 Subsea Support Vessel, built at Fujian Southeast Shipyard, Fuzhou in China.
Maersk Train Developing Country Seafarers
Twenty-five eager young seafarers will have the opportunity to acquire maritime skills and develop their potential through Maersk Supply Service's recently launched new seafaring programme for Angolans. In a first for the company, the cadets will be trained in India. The initiative will not only benefit Maersk Supply Service, but also help build capacity in the Angolan offshore industry. Angola requires…
US Dept of Defense Awards Transportation Contracts
Maersk Line, Ltd., Norfolk, Va., is being awarded a $2,100,000,000 indefinite-delivery/indefinite-quantity fixed-price contract for international ocean and intermodal distribution services.
Container Terminals Operator Makes Senior Appointment
Within the Europe, Middle East, region, ICTSI presently owns and operates container terminals at Gdynia, Rijeka, Batumi and Tartous. Before joining ICTSI, Hans-Ole Madsen was APM Terminals’ Vice President for Business Development in Africa, Middle East and Indian Sub-continent. From 2006 to 2008, he served as Chief Executive in South Asia for Maersk India. He also held various executive positions in Maersk offices in Nigeria, Pakistan, China, Hong Kong, Indonesia and Denmark from 1985 to 2005.
GE Oil & Gas, Rosneft, to Pursue Russian Energy Opportunities
Under the terms of the MOU, GE and Rosneft will form a joint working group to identify the range of potential opportunities for short and long–term opportunities…
IACS Releases Common Structural Rules for Comment
The Common Structural Rules (CSR) for Double Hull Oil Tankers and Bulk Carriers were adopted by IACS Council in December 2005 and came into force in April 2006.
Matson Begins Trading on NYSE
Matson, Inc. Matson, Inc. (NYSE: MATX), the ocean transportation and logistics company, announce that the separation of Alexander & Baldwin Holdings, Inc. into Matson, Inc.
