Diana Shipping Charters Bulk Vessel to RWE
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that it has entered into a time charter contract with RWE Supply & Trading GmbH, Essen, Germany, through a separate wholly-owned subsidiary, for one of its Capesize dry bulk vessels, the m/v JK Pioneer, to be renamed P. S. Palios. The gross charter rate is $18,350 per day, minus a 5% commission paid to third parties, for a period of about 22 months to maximum December 31, 2015.
Transatlantic Rower Briefs UN Ambassador
Victor Mooney of Queens briefed H.E. Anatolio Ndong Mba, Ambassador for Equatorial Guinea to the United Nations on his upcoming 5,000-mile solo transatlantic row on Thursday. Afterwards, Mr. Mooney went into detail on his preferred rowing route and discussed the importance of having a formative support team. The Head of State, H.E. Obiang Nguema Mbasogo, President of Equatorial Guinea, is the principal sponsor for the Goree Challenge.
Millionth TEU in DCT Gdansk
DCT Gdansk is now officially a member of a club of container terminals handling 1 million TEU annually and more. After only 6 years of operating, DCT Gdansk became a hub port for Central - Eastern Europe and Russia, serving as a true gateway leading to Poland and other Baltic states. DCT handled millionth TEU of the year on November 15, 2013 while operating Mærsk Mc-Kinney Møller. This is a great milestone not only for the terminal, but for the entire Polish container business in particular.
Port Chaplain RecountsTyphoon Haiyan Devastation
Apostleship of the Sea (AoS) Cebu port chaplain has spoken of the devastation caused by the typhoon and efforts to provide assistance. Across the globe the charity’s port chaplains have come out in full force to support Filipino seafarers and fishing communities affected by Typhoon Haiyan. “It was only when I arrived on the island that I saw the extent of the damage for myself; almost all the houses have collapsed, trees have been uprooted and debris is all over the place.
Lloyd’s Register Funds Arctic Shipping Research Center
Aalto University, together with three other universities, has received significant funding for an international Research Center of Excellence for Arctic Technology from Lloyd’s Register Foundation (LRF). After an extensive international tendering process for fundamental research projects, LRF has established a Research Center of Excellence in Arctic Shipping and Operations. The Center will be headed by Aalto University.
Japanese Ship Recycling Facility Earns ClassNK Certification
Classification society ClassNK issued the first Statement of Compliance for a ship recycling facility in Japan to Miyaji Salvage Co. Ltd.. certifying that the facility…
NYK Presents Model Vessel to ICS to Honor Chairmanship
To mark the Chairmanship of Masamichi Morooka, the International Chamber of Shipping was last night presented with a scale model of the award-winning NYK car carrier Auriga Leader, the world’s first solar-assisted vessel to be put into commercial service. The model was formally presented to ICS by Yasumi Kudo, President of NYK, in the presence of the ICS Chairman. The 60,000-metric-ton vessel is fitted with 328 solar panels which can generate as much as 40 kilowatts of power.
Seadrill Acquires High-end Jack-up Rig 'Prospector 3'
Seadrill Limited has entered into an agreement to acquire the company that owns the yard construction contract of the newbuild high specification jack-up rig 'Prospector…
Airborne Lifesaving Drone Prototype Tested in Iran
The RTS Lab in Tehran, Iran, has successfully tested its Pars Rescue Robot which has the ability to quickly locate drowning victims in the ocean and launch life-preserver floats to them, reports Robots.Net. The robot’s tests were carried out in August 2013 over the Caspian Sea, and thirteen tests in all were made in a four day period. Pars was able to fly for ten minutes with its present design and…
Boskalis Reports Exceptionally Good 2013 Third Quarter
Royal Boskalis Westminster N.V. (Boskalis) raises its 2013 net profit outlook to at least EUR 360-million. Boskalis says it has concluded an exceptionally good third quarter. Revenue, adjusted for the sale of the 40% stake in Archirodon, and earnings were higher than in the first and second quarter of 2013 against stable market conditions. The order book increased compared to the end of the first half of the year and adjusted for the sale of the 40% stake in Archirodon, to EUR 4.3 billion.
FSL Trust Making the Best of It in Q3 2013
Despite a caveat by auditors as to whether FSL Trust may continue as a going concern, due to the conditions of a loan covenant, the ship-owning trust has continued to ensure that its vessels have generated a return in the third quarter of 2013. The Trust suffered a 3QFY13 loss of US$8.9 million. This was partly due to recognition of an impairment loss of US$3.6 million caused by the lease defaults for two dry bulk carriers.
Shanghai's New Cruise Terminal Plans FTZ Link-up
Shangai's Baoshan District Committee aims to see the Wusongkou Interational Cruise Terminal become the flagship cruise terminal in China and even in Asia, by proactively connecting to the new Shanghai Free Trade Zone. Ultimately, the developers of the Wusongkou Interational Cruise Terminal, Baoshan District, say they intend to expand the definition of what is meant by 'cruise industry', by making the terminal the pioneer of the cruise industry in China.
'Pirates Plunder W.Africa Oil & Gas Riches' Says Analyst
West Africa is experiencing a surge in piracy, with well-organised hijackers targeting the region's growing oil and gas industries, writes national security expert Dr James Jay Carafano in 'World Review'. Although efforts to combat crime at sea have been having an impact - for example hijackings off Somalia fell by half in 2012 compared with 2011 with only 14 ships successfully boarded - the International…
ISS Appoint Romi Kaushai Asia Pacific Operations V-P
International maritime services provider, Inchcape Shipping Services (ISS), has appointed Romi Kaushal as Executive Vice President of Operations for their Asia Pacific region. With extensive experience in operations and shore based management, Romi has worked in senior commercial and operational positions across the globe. He was also a Principal Consultant for KPMG, CEO for the Emirates Shipping Line in Hong Kong and has held shipping roles in Hamburg, New York, Dubai and Montreal.
UASC's New Mega-Container Ships to Have Kongsberg 'Full Picture'
Kongsberg Maritime has secured contracts with a value of NOK 150 Million to deliver fully integrated navigation and automation systems for a series of 10 container vessels ordered by United Arab Shipping Company (UASC) and under construction at HII. The five 14,000 TEU class and five 18,800 class vessels will be among the largest, most technologically advanced and environmentally friendly containerships ever built.
China Shipyards Secure US$380-Million Contracts for COSCO
1. COSCO (Dalian) Shipyard Co. Ltd has secured contracts from a Bermuda company for two LeTourneau Super 116E jackup drilling rigs, scheduled for delivery in 1H2016 and 2H2016 respectively. The same buyer has also secured options for two additional jackup drilling rigs. 2. COSCO (Zhoushan) Shipyard Co. Ltd has been contracted to build a dry bulk carrier of 64,000dwt for a European buyer, with delivery scheduled in the second half of 2014.
Navy's 'USNS Bowditch' Checking Philippine Pilotage Waters
As U.S. Navy assets steam towards the Philippines to provide humanitarian assistance and disaster relief to the victims of Typhoon Haiyan, Navy hydrographers are busy charting safe passages through potential navigation hazards created by the receding storm surge. 'USNS Bowditch', a Navy survey vessel, was one of the first ships on station and began immediately surveying the approaches to San Pedro Bay.
Global Ship Lease Profits Slip in Q3 2013
Container ship charter owners Global Ship Lease (GSL) announce its unaudited results for the 3 months and 9 months ended September 30, 2013. The 17 vessel fleet generated revenue from fixed rate long-term time charters of $36.1 million in the three months ended September 30, 2013, down $3.4 million on revenue of $39.5 million for the comparative period in 2012. Reported revenue of $36.1 million for the third quarter 2013.
RCI Cruise Ship Propulsion Repairs Necessitate Docking
Owners, of the giant 'Allure of the Seas', Royal Caribbean International say that a mechanical issue obligates performance of unscheduled repairs to their cruise ship 'Allure of the Seas', and the repairs will take place at Grand Bahama Shipyard, in Freeport, Bahamas, the week of February 24, 2014. As a result of coming out of service RCI say it will be necessary to cancel the February 23, 2014, sailing of Allure of the Seas…
ABB to Talk Productivity, Energy Efficiency, Investment, at Shangai's Marintec 2013
The power of integration - Sevan project, a case study. ABB will outline a complete solution for power, propulsion, automation and vessel control, including advances in power technology…
