U.S. Anti-Piracy Ship Crew Treatment in India 'An Outrage'
The International Organization of Masters, Mates & Pilots (MM&P), says 35 U.S. anti-piracy ship crew members are being treated unfairly, following the arrrest of their ship, 'Seaman Guard Ohio', describing it as 'an outrage' that they are being subjected to inhumane conditions in an Indian prison. MM&P inform that officials are withholding proper medical treatment, bathing facilities and adequate food and…
Latest DoD Navy Contracts
General Dynamics Electric Boat Corp. has been awarded a contract modification for NRMD tasks in support of operational nuclear submarines. Secondly, York International has been awarded a contract for shipboard air-conditioning & refrigeration system work. General Dynamics Electric Boat Corp., Groton, Conn. The company is being awarded a $36,137,340 cost-plus-fixed-fee modification to previously awarded contract (N00024-13-C-4311) to provide a Nuclear Regional Maintenance Department (NRMD).
Maersk Drilling Takes Delivery of First of Four Ultra-Deepwater Drillships
Maersk Drilling informs it has taken delivery of its first ultra deepwater drillship, 'Maersk Viking', from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. The new vessel has started its voyage to the US Gulf of Mexico where it will commence a three year contract with ExxonMobil. The owners explain that Maersk Viking is the first in a series of four ultra deepwater drillships to enter Maersk Drilling’s fleet.
Scorpio Tankers Cuts Loss in FY 2013
For the year ended December 31, 2013, Scorpio Tankers report a net loss of $3.7 million or $0.03 basic and diluted loss per share, as opposed to a net loss of $26.5 million or $0.64 basic and diluted loss per share on 31, December 2012. On February 21, 2014, the Scorpio Tankers' board of directors declared a quarterly cash dividend of $0.08 per share, payable on March 26, 2014 to all shareholders as of March 11, 2014 (the record date). There are currently 198,791,502 shares outstanding.
Big Growth in Mediterranean Transhipment Business Observed
Virtually all large Mediterranean transhipment hub ports recorded double digit growth in 2013, well above regional and global growth levels, notes the latest edition of Drewry's Container Insight Weekly. Once all full year data is collated, global container port traffic is likely to have grown by around 3.3% whilst that for the regions bordering the Mediterranean Sea will probably have grown by between 3 and 6%.
Rickmers FY 2013 Loss Impacted by Impairment Charge
Container ship owners and operators, Rickmers Trust Management, report a net loss of US$8.0 million in 4Q2013 and a lower net profit of US$23.5 million in FY2013, compared to net profits of US$2.2 million and US$27.6 million in 4Q2012 and FY2012 respectively due to a a US$2.4 million provision for vessel impairment was made for 'Kaethe C. Rickmers'. A goodwill impairment of US$18.4 million was also recognised in 4Q2013, up from US$2.1 million a year ago.
Robert Allan Z-Tech Tugboats for Galveston, Texas, Harbour
Designers, Robert Allan, inform that Leevac Shipyards has completed the construction of the second of their Z-Tech designed 2400 tugs. The latest, 'Zeus', has been delivered to its owners Suderman & Young Towing Company of Houston, Texas following the earlier delivery of her sister 'Chloe K' to her owners: Bay-Houston Towing Co. of Houston, Texas. Both tugs are operated by G&H Towing of Galveston, Texas on behalf of their owners. The Z-Tech Class tugs from Robert Allan Ltd.
Shipowners' Club P&I Offers MLC 2006 Wage Insurance
In response to specific market demand for insurance cover not formerly available, the Shipowners’ Club has launched a policy for its high net worth super yacht client base to indemnify them against Seafarers Unpaid Wages Following Abandonment (SUWFA). Although some 80% of the world’s gross tonnage of shipping has been signed up to the Maritime Labour Convention 2006 (MLC), there are still many owners and managers unsure as to the extent and applicability of some of the provisions.
Yacht Brokers & Charter Agents BYS Launch New Website
BYS, a Burger Company, has introduced its new website which includes yacht descriptions, detailed specifications, image galleries, and videos. According to the new web site BYS, located in Fort Lauderdale, Florida, serves yacht brokerage and charter clients worldwide. Absolute professionalism and discretion are assured when working with a BYS associate. A full array of new yacht construction and brokerage vessels are available through BYS and its brokers are astute…
Five Minutes With Tomas Tillberg
Modern cruise ships can cost upwards of a billion and built to last more than 25 years, so the platforms must be built for change, as evolving style & taste, material innovation & maritime regulation dictate. “Built to stand the test of time” is the mantra, so in seeking insight on modern cruise design we sought insights from a designer that also has stood the test of time, Tomas Tillberg of Tillberg Design International. Mr.
MIOX Safe Water Management for Cruise Ships
Safe water management onboard any ship is a challenge, a challenge magnified exponentially onboard the world’s largest cruise ships with thousands of passengers and crew in close quarters. Just last month it again made global headlines as Royal Caribbean’s Explorer of Seas was forced to cut its 10-day cruise short due to an estimated 700 passengers dropping ill with a with a gastrointestinal illness.
Kerry Urges for South China Sea Rules
Pressure is mounting on China and Southeast Asia to agree a code of conduct to keep the peace in the disputed South China Sea, but Beijing is warning of a long road ahead. Only last week, U.S. Secretary of State John Kerry urged China and the Association of South East Asian Nations (ASEAN) to work out rules to ease tensions after a fresh Chinese campaign of assertiveness in the region. "The longer the process takes…
All Portions of Mississippi River Reopen
Effective at 1:30 p.m. today, the U.S. Coast Guard advised that the Mississippi River is now open to all traffic. The Coast Guard will require vessels to transit…
Tampa Bay Pilots Orders Boat from Gladding-Hearn
The Tampa Bay pilot association has ordered its second Chesapeake Class launch and the first in a new generation of Gladding-Hearn Shipbuilding’s popular, smaller pilot boats.
Radioactive Ocean Website Garners Support
Woods Hole Oceanographic Institution (WHOI) has teamed up with the public to build the most comprehensive and up-to-date dataset on marine radiation levels in the…
Cruise Industry Poised for Global Growth
The global cruise industry and its fleet of increasingly large, ultra-modern ships is projected to continue its steady growth in 2014, powered by growth overseas, particularly in the German market, as well as the adoption of faster, stronger and generally better satellite communication technology that is moving toward the level of seamless, cost-effective communication connections that can be expected at a land-based vacation destination.
Gasum Boosts LNG Network with Skangass Deal
Reuters - Finnish gas company Gasum is to acquire 51 percent of Norwegian Skangass's distribution operations from Lyse Corporation as it seeks to improve the efficiency…
You Can Run, But You Can’t Hide
Windward Ltd. has taken advances in satellite communications at sea plus the massive amounts of new data available from ships, and created a satellite based maritime analytics system that provides information and insight on unusual vessel movements globally. Co-founder and CEO Ami Daniel explains. Until now. In 2010 this pair of naval officers founded Windward Ltd., a maritime analytics company that brings the power of smart analytics to the oceans.
Justices Question Obama Climate Change Regulations
The U.S. Supreme Court appeared closely divided on Monday as it weighed whether the administration of President Barack Obama exceeded its authority when crafting…
Transferring Risk for Long-term Success
Business owners put their companies at risk when a new project gets under way. With even the best advance preparation, things can still go wrong, with the potential for injury…
