Recope Tenders to Buy Two Fuel Oil Cargos
Costa Rica's refining company Recope has launched a tender to buy two 90,000-100,000 barrel cargos of fuel oil for delivery from September to December at Port Caldera…
Two Boat Migrants Die, 1,500 Saved Off Italy
Two boat migrants died among almost 1,500 rescued by Italy in the last 24 hours, authorities said on Friday as the total number reaching Italian shores this year passed 100,000.
Delta "T" Debuts Variable Speed DCTV
Delta "T" Systems introduces the new DCTV variable speed DC engine room ventilation control system. This fan control system is the next successor of Delta "T" Systems' DCT2 controller and is the most robust, yet technologically advanced DC fan control system on the market, the manufacturer claims. The new DCTV controller is a dual-mode system that can be operated in manual mode or set to automatic mode for worry-free engine room ventilation.
BIMCO: Bulk Market Awaits Freight Rates Lift
Dry Bulk Shipping: All eyes on Brazilian iron ore exports, as we await the long-anticipated lift in freight rates. The freight market, which performed so well in Q1, has certainly not delivered in the past four months. BDI has dropped from 1,621 on March 20 to hit 747 on July 29. Panamax ships have not been above $10,000 per day since February 20, but below $5,000 per day for most of June and July.
Crowley Helps Launch USS Montgomery
Crowley Maritime Corp.’s ocean class tugboat Ocean Sky and heavy lift barge 455-4, managed by the company’s Houston-based solutions group, a project management organization, provided support to shipbuilder Austal USA during the launch of the newly built U.S. Navy Littoral Combat Ship (LCS), USS Montgomery, last week in Mobile, Ala. To facilitate the launch, the Montgomery was first moved from Austal’s shoreside assembly zone to the deck of Crowley’s 455-4…
Kvaerner, KBR Partner for Johan Sverdrup Contracts
Kvaerner and KBR, Inc. will establish a joint venture to competitively bid on offshore platform topsides contracts for the Johan Sverdrup field development offshore Norway, the companies announced.
MOL Ships Medical Supplies to Myanmar for Free
Mitsui O.S.K.Lines,Ltd. (MOL) announced that it supported PH-Japan’s (Peoples’ HOPE Japan’s - PHJ) Myanmar healthcare program to provide free transportation of PH-Japan’s container filled with 2…
Dutch Team Installs Huge Power Socket in the North Sea
A combination of three Dutch offshore companies realized a unique operation in the North Sea, installing a giant ‘power socket’, the SylWin alpha platform. Siemens commissioned Seaway Heavy Lifting to perform an unusual operation that in turn called in the assistance of maritime service provider Dockwise and engineered heavy lifting and transport specialist Mammoet. Weighing 14,000 metric tons, the 83-meter long…
Brazilian Ferry Launched
AFAI Southern Shipyard and CoCo Yachts Holland announced that the first Urban Sprinter 2000, yard number ASA 042, was launched August 14, 2014. The Urban Sprinter 2000 was designed by CoCo Yachts Holland and built by AFAI Southern Shipyard in Guangzhou for SETRANS Rio de Janeiro. The ASA042, temporarily named 01, is the first vessel out of a series of seven. The final name of the vessel will be announced later…
Tough Line on Shipping Loans: ECB
ECB in discussion with German supervisors; question over treatment of ship loans in health check. Compromise emerging which may involve 'haircut' on loan valuations.
Asia-Europe Container Rates Fall Almost 11 pct
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 10.7 percent to $1,198 per 20-foot container (TEU) in the week ended on Friday…
China Looks to Boost Shangai Port Volumes
China will expand a scheme to speed up tax refunds for companies that export via a Shanghai port, the government said on Thursday, as it looks to boost the city's…
Concordia Maritime 1H 2014 Interim Report
Swedish tankship owners Concordia Maritime inform of positive results in the first half of 2014 after the sale of shares in jointly-controlled entities, Stena Poseidon and Palva.
Kvaerner & KBR Ally on Offshore Rig Topside Bids
Kvaerner ASA says it is to establish a joint venture with KBR Inc. to bid competitively on offshore platform topsides contracts for the Johan Sverdrup field development offshore Norway.
SIA Appoints Siemens Industry's V-P to the Board
The Security Industry Association (SIA) says it has appointed Rich Cillessen, vice president of enterprise security at Siemens Industry Inc., to its Board of Directors.
Emergency Beacon, Preparedness Save Mariner Off Diamond Head
The Coast Guard rescued a man in a life raft after his sailboat sank approximately seven miles south of Diamond Head, Tuesday. Watchstanders at the Coast Guard Sector…
Shell Prelude FLNG Module Shipped for Australia
The largest piece of the turret for Shell’s Prelude Floating Liquefied Natural Gas (FLNG) facility has set sail from Dubai for the Samsung Heavy Industries shipyard in Geoje…
DNV GL Revisits Offshore Oil & Gas Risks
In the first issue its 'Perspectives' online magazine DNV GL’s Graham Bennett points out that the Macondo incident has cast a spotlight on well control standards…
US Ship 'Cape Ray' Neutralizes Syrian Sarin
All 581 metric tonnes of a precursor chemical for sarin gas that were removed from the Syrian Arab Republic and trans-loaded onto the U.S. Maritime Vessel Cape Ray in early July…
Main Engine Change for Veteran Alaska Tugboat
The tug's owner, 'Norman O', Rick Olson, worked with local Cummins dealer Mike Painer at South East Diesel & Electric in Ketchikan, Alaska, to set up a deal to…
