Inchcape Shipping Services Celebrates 300+ Offices
Maritime services provider Inchcape Shipping Services (ISS) is celebrating the further expansion of its global footprint, following the opening of a new office in Map Ta Phut, Thailand.
āCold-Treatedā Produce Approved for U.S. Import
APL said it has brought in the first cargo of Peruvian grapes here, clearing local pest control import requirements through cold treatment technology applied on the fruit during their transit from Paita to Miami. Consigned by Complejo Agroindustrial Beta, a producer of table grapes in Peru, some 1,600 boxes of Thomson seedless grapes arrived at the Port of Miami as part of a six-month long cold treatmentā¦
Eastern Shipbuilding Blood Drive a Success
Eastern Shipbuilding Group said it partnered with OneBlood to host a four-day blood drive at the shipbuilderās Allanton and Nelson locations from November 19-22. Over the four-day drive, Eastern employees donated 342 units of blood, besting the previous record of 292, with 203 from Allanton and 139 from Nelson. OneBlood, formally known as Northwest Florida Blood Bank, collects donations across theā¦
Clearlake Charters Diana Bulk Vessel
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that yesterday through a separate wholly-owned subsidiary, it entered into a time charter contract with Clearlake Shipping Pte., Ltd., Singapore, a member of the Gunvor Group, for one of its Capesize dry bulk vessels, the m/v Houston. The gross charter rate is $20,500 per day, minus a 4.75% commission paid to third parties, for a period of about 11 months to about 14 months.
Swissco Orders Two AHTS Vessels
Mainboard-listed Swissco Holdings Ltd., a marine service provider for the shipping and offshore Oil and Gas industries, announced that it has placed orders for twoā¦
New Lubricant Minimizes Risk of Cold Corrosion
Marine lubricant provider, Total Lubmarine today launched its latest product, TALUSIA UNIVERSAL 100. The lubricant is designed to reduce the risk of cold corrosionā¦
Northrop Grumman Introduces New ECDIS-E
Northrop Grumman Corporation is introducing the VisionMaster FT Electronic Chart Display and Information System-E (ECDIS-E), a new cost-effective navigation solution for commercial tankersā¦
Changing Patterns in World Trade Bring Unforeseen Liabilities
In a speech to be given at the TOC Container Supply Chain: Middle East Conference on December 9, Andrew Kemp, Regional Director EMEA of the freight transport insuranceā¦
BOEM Proposes Eastern Gulf of Mexico Lease Sale
As part of President Obamaās all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, the Bureau of Ocean Energy Managementā¦
BMT Surveys Expands Into Switzerland
BMT Surveys (BMT), a subsidiary of BMT Group Ltd, an international design, engineering and risk management consultancy, has announced the opening of a new office in Geneva, to support its rapid expansion across Europe. Providing further support to clients in Switzerland, the office will focus on P&I, Hull and Machinery, Cargo Insurance and maritime law through BMTās global survey network, based in more than 250 ports worldwide.
Aker Solutions Bullish on Future Financial Returns
On its capital markets day, Aker Solutions' Executive Chairman Øyvind Eriksen says: "While we will continue to build Aker Solutions, the focus on topline growth will be toned down and more attention will be paid to growing our profit and share price," Executive Chairman Øyvind Eriksen says. The company announce that all business areas are committed to improvement programmes that will start translating into double-digit profit margins for Aker Solutions and an improved return on equity.
New Report on Canada's Marine Oil Spill Response Capabilities
The report aims to improve Canada's system for ship-source oil spill preparedness and response in order to better protect the public and the environment. "I want to thank the panel for its detailed, thoughtful work, and the invaluable expertise they have brought to this critical issue," said The Honourable Lisa Raitt, Minister of Transport. "I look forward to studying the report, speaking with stakeholders about their views, and discussing it with my cabinet colleagues.
Atlantic Basin Crude Oil Surplus Bound for Asian Markets Says Report
The growth in crude production in the Atlantic Basin will have a profound impact on regional crude supply/demand balances. According to PIRA Energy Group, a sizeable crude surplus will develop within the region, and crude will be forced to seek markets elsewhere, primarily in the rapidly growing countries in Asia. The Atlantic Basin is broadly defined as including the Americas, Europe, and Africa.
NZ Safety Agency Alotted Extra Funds on Back of Shipwreck Report
New Zealand Government Transport Minister Gerry Brownlee has announced a $2 million package to help Maritime New Zealand (MNZ) improve New Zealandās wider maritime response capability following an independent review of its response to the grounding of the container ship 'Rena' off the coast of Tauranga in October 2011. Conducted by former Secretary of Foreign Affairs and Trade Simon Murdoch, the review identified several areas for improvement.
Global Dry Bulk Carrier Newbuilding Orders on the Rise
Starting with the large sizes in dry, Oldendorff Carriers are reported to have declared the sixth in a series of 207,000 DWT Newcastlemax at HHI, with delivery in the second quarter of 2015. Clarkson Hellas report that at Hanjin Subic, STX Pan Ocean have contracted two firm 150,000 DWT Capesize, planned for delivery in the second half of 2016 and for charter to KEPCO. One order to report in the Kamsarmax sectorā¦
Russia Increases LNG Export Potential
Russian President Vladimir Putin has signed a law on the liberalization of exports of liquefied natural gas (LNG). According to the document, two new categories of license holders are entitled to the right to export LNG, in addition to Gazprom, reports Arctic-Info. The authorisation gives the right to export LNG to license holders of subsoil resources of federal importance, which are licensed for constructionā¦
General Dynamics Awarded US$74-million Navy Contract
General Dynamics Bath Iron Works, Bath, Maine, is listed by the US Department of Defense, as having been awarded a $73,913,646 Navy contract modification to previouslyā¦
Scorpio Bulkers Confirm Further Dry Bulkship Newbuildings
Scorpio Bulkers Inc. Shanghai Waigaoqiao Shipbuilding Co. Shanghai Waigaoqiao Shipbuilding Co. Jiangsu Yangzijiang Shipbuilding Co. Jiangsu Yangzijiang Shipbuilding Co. Jiangsu Yangzijiang Shipbuilding Co. Jiangsu Yangzijiang Shipbuilding Co. Mitsui Engineering & Shipbuilding Co. Mitsui Engineering & Shipbuilding Co. The total purchase price for the vessels is approximately $242 million. Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities. Scorpio Bulkers Inc.
Transocean Executive V-P Resigns
Transocean Ltd. say that Executive Vice President, Chief of Staff. Ihab Toma, has resigned with effect from 31, December 2013. Transocean adds that with Mr. Toma's departure, the position of Chief of Staff will be eliminated and responsibilities redistributed. Effective immediately, the company's Board of Directors has designated the Chief Executive Officer, Steven L. Newman; the Executive Vice President and Chief Financial Officerā¦
Ship Performance Monitoring: SDARI & NAPA to Collaborate
Shanghai Ship Research and Design Institute (SDARI), the leading ship design company in China and NAPA, the global leader in maritime software solutions and services for ship design and operationsā¦
