Seattle Propeller Club Honors Veentjer and Dwyer
The Seattle Propeller Club announced the winner of the 2013 Puget Sound Maritime Achievement Award as Captain John Veentjer, Puget Sound Marine Exchange Executive Director…
Global Freight Rates Plunge, Report Finds
Average global freight rates have fallen to a 15-month low, according to Drewry’s new online Container Freight Rate Insight. Drewry’s Global Freight Rate Index fell 12% in April to reach its lowest level since February 2012, when container shipping was still recovering from the last ocean carrier price war. The Index, which is a weighted average of freight rates across the 600 trade routes covered by Drewry’s Container Freight Rate Insight…
Maris Enhances U.S. ECDIS Expertise
Marine electronics specialist Maris AS has completed an ECDIS (electronic chart data information systems) technical training program to enhance support services covering North America and the Caribbean. The initiative is part of its commitment to the global distribution and service agreement with IMTECH Marine. Engineers in IMTECH Marine’s service network covering U.S. and Caribbean ports have been trained and certified by MARIS to install, commission and support the MARIS ECDIS900-series.
Great Lakes Ore Trade Down Nine Percent in April
Shipments of iron ore on the Great Lakes totaled 5.6 million tons in April, a decrease of 9% compared to a year ago. However, loadings were 11% ahead of the month’s five-year average.
Transas Updates Ship Security Alert System
Transas Marine launched its latest ship security alert system ShipGuard 4 SSAS, utilizing the SkyWaveIsatData Pro transceiver. The IsatDataPro(IDP) series operates on the Inmarsat I-4 constellation which provides improved network speed. Polling request and response times now takes 30-45 seconds, which Transas says is four times faster than its predecessor. Transas ShipGuard 4 SSAS is type-approved by Germanischer Lloyd and provides regulatory SSAS functionality.
Safe Bulkers Reports $44.2 Million Revenue, 1Q13 Results
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced its unaudited financial results for the quarter ended March 31, 2013.
JonRie Supplies Equipment for New Great Lakes ASD
JonRie InterTech was commissioned for the supply of deck equipment for the new ASD Aura from Great Lakes Shipyard, Cleveland, Ohio. The new Tug is a Jensen designed ASD 4650 HP complete with a JonRie Series 220 Double Drum hawser winch on the bow with a capacity of 150M of 60 mm line, a line pull of 15 Tons, a line speed of 30 M/m and a brake with capacity of 200 Tons. The winch features JonRies hands free foot control…
Shell: Gas Leak Impacts Supplies to NLNG
Shell Petroleum Development Company Limited (SPDC) has declared force majeure on gas supplies to Nigeria LNG, effective 09:00 hrs (Nigerian time) on Wednesday, May 15 2013.
Teijin SCR Helps Ships Cut NOx Emissions
Teijin Engineering Ltd. announced its development and launch of a selective catalytic reduction (SCR) denitration device for midsized ship engines to ensure compliance…
Jamaica Seeks Logistics Hub Development
International investors are expressing serious interest in Jamaica’s plans to develop as a world-class logistics hub with potentially millions of dollars being lined up to back the Government’s proposals. Jamaica Minister of Industry, Investment and Commerce, the Hon Anthony Hylton, said, “With each passing day Jamaica moves one step closer to the imminent transformation of the economy and the job creation, via the vehicle of the Global Logistics Hub.
"Most Powerful" Rescue Vessel Commissioned
Aberdeen-based standby vessel operator Atlantic Offshore Rescue said it has commissioned what will be the U.K.’s most powerful emergency response and rescue vessel (ERRV). The Ocean Troll – which recently completed a long term charter with Statoil – has undergone a £2 million conversion and overhaul at MMS in Hull to become a U.K. Class A ERRV with tanker assist and firefighting capabilities. Its home…
E.N. Bisso Selects MarineCFO Software
MarineCFO, a provider of software solutions to the marine transportation industry and a division of Verticalive Inc., announced that E.N. Bisso & Son, Inc., has chosen to implement the full MarineCFO Enterprise software suite, including personnel, pperations, maintenance, and vessel live. For over 100 years, E.N. Bisso & Son, Inc. has been a leading provider of harbor tug, offshore towing and heavy lift derrick services.
Cargotec Wins €22 Million Order
Cargotec's MacGregor received €22 million order to deliver a 900-ton active heave-compensated (AHC) MacGregor subsea crane to the South Korean shipyard, Hyundai Heavy Industries Co Ltd.
London International Shipping Week Set to Benefit Seafarer Charities
Four leading charities supporting seafarers and their families are set to benefit from the inaugural London International Shipping Week (LISW), taking place in the U.K. capital this September. Apostleship of The Sea, Mission To Seafarers, Sailors’ Society and Seafarers U.K. have been chosen by the LISW Steering Group to be the beneficiaries of fund-raising efforts during the week-long shipping showcase.
Baumim Wins Maritime Personality of the Year Award
Khamis Juma Buamim was selected as Maritime Personality of the Year at the sixth Marine BizTV International Maritime Awards held as part of the ShipTek 2013 International Conference & Expo on Offshore & Marine Industry. He was nominated by Nippon Kaiji Kyokai, (ClassNK). Buamim was selected for this award by a combination of online public voting and by a jury comprising globally renowned personalities in the industry.
Keppel FELS Delivers Second Jackup Rig to Oro Negro
Keppel FELS delivered a second KFELS B Class jackup rig to offshore Mexican oil field services company, Integradora de Servicios Petroleros Oro Negro. Named Laurus at Keppel FELS today…
By the Numbers: Subchapter M Statistics
The Coast Guard and Maritime Transportation Act of 2004 (Aug. 9, 2004), established new authorities for towing vessels. Out of that came a proposed regulatory scheme…
MAN G-Type Engine Achieves Type Approval
At the end of April, 2013 in Korea, MAN Diesel & Turbo’s latest G-type engine passed its Type Approval Test at HHI-EMD, the engine and machinery division of Hyundai Heavy Industries. The ultra-long-stroke G60ME-C9 engine went through its paces under the watchful eye of many interested observers, including representatives from the major classification societies. MAN Diesel & Turbo reports having close to 200 G-type engines on order…
Jumping Off the Fiscal Cliff?
You are not alone if you are bewildered by the talk in Washington about “sequester,” “continuing resolution”, “fiscal cliff,” “budget resolutions,” and “debt ceilings.” Even those of us who think we understand what’s going on have trouble keeping up. This article will break down the talk into segments on the continuing resolution that funds the government for the rest of this fiscal year: the House and Senate budget resolutions…
MHI : Landmark LNG Carrier Shipbuild Contract
On May 17, 2013, Mitsubishi Heavy Industries Ltd. (MHI) will sign an agreement with Mitsui O.S.K. Lines Ltd. (MOL) to build a Sayaendo series new-generation liquefied natural gas (LNG) carrier. Sayaendo series ships feature a unique structure that integrates the LNG tank cover with the ship hull, resulting in significantly improved fuel consumption and maintainability. From 2020 the new ship will be…