Ferry Vital Link for Island off Taiwan
Nearly 13,000 people inhabit the four-by-two-kilometer Linqiu Island located about 7.5 nautical miles southwest of the Donggang on the main island of Taiwan. Primarily fishermen, the islandâs population is very dependent on the ferry service to get to the larger center on the main island. Lingiu is also the only one of Taiwanâs smaller islands that has been formed by coral. Increasingly the fantasticallyâŠ
Eagle Bulk Cuts Debt by 80%, Shares Skyrocket
Eagle Bulk Shipping Inc's shares shot up to as much as $15.46 from 68 cents as the company cut its borrowings by about 80 percent after converting debt into equityâŠ
BOEM Proposes O&G Lease Sale in Gulf of Mexico
As part of President Obamaâs all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy ManagementâŠ
Donohoe Welcomes Shipsâ Light Dues Arrangements
Minister for Transport, Tourism and Sport Paschal Donohoe T.D., announced today that he has agreed arrangements with his U.K. counterpart, Minister John Hayes MPâŠ
Second EUCAP Nestor Training Course for Seychelles Coast Guard
On October 16, 21 new personnel were received by Lt. Col. Simon Dine, Commanding officer of the Seychelles Coast Guard (SCG), to commence their basic maritime training. This foundational maritime program was first implemented this year in collaboration between EUCAP Nestor and SCG with the first batch of personnel graduating the course on August 22. The training course is scheduled to run for eight weeksâŠ
Maritime Reporter @ 75: The Daily Cartoon
Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners, ship and boat builders, naval architects and marine engineers. Today Maritime Reporter heads a group of four print and 10 websites serving the global maritime, offshore and subsea sector.
European Commission VP Welcomes European Shipping Week
In a letter to Patrick Verhoeven, Secretary General of the European Community Shipownersâ Associations (ECSA), Commissioner Kallas said there was no doubt that Europe needs a high quality shipping sector "that can compete around the world." Maritime transport is a cornerstone of European industry, he said, playing an essential role in Europe's economy. He added, "The European Shipping Week should beâŠ
APM Completes $2m Refit Ahead of Schedule
Atlantic Pacific Marine has completed the $2 million refit of the Crystal Symphony three days ahead of schedule. A team of 130 men worked around the clock while she was drydocked in Hamburg during September. APMâs work scope included installing new ducting and GF pipework, engine room mechanical repairs and renewing the shipâs loading deck. In total, the project took just sixteen days. âWe were delighted to complete three days early,â said APM Director, Philip Rodrigues.
Weathernews Opens Manila Operations Center
Weathernews Inc. announced it has established a new operations center in the Philippines in response to the shipping industryâs demand for the companyâs risk communication services. The company officially kicked off operations for their voyage cost-optimizing services this month from the new Manila Operations Center with a commencement event in the City of Makati last week. Weathernews aims to helpâŠ
âHazardous Materialâ Found on Australian Naval Base
A routine inspection this morning of on-base accommodation in the Australian Navyâs naval base HMAS Cerberus resulted in suspected hazardous material being located in a residential unit. A 400-meter safety zone was established around the accommodation block as a precaution. Victoria Police attended the scene and assessed that there was no suspicious material. However, there were some hazardous items identified which Australian Defense does not permit to be stored in on-base accommodation.
Mariners Urged to Prepare for Storm ANA
The public is advised to use extreme caution and prepare for the onset of heavy weather expected to generate extreme sea conditions, storm surge and high surf throughoutâŠ
Final Payment on Fortis Debentures
Fortis Inc. announced that holders of its 4% convertible unsecured subordinated debentures represented by instalment receipts that the final instalment payment of $667 per $1âŠ
NSRP to Host Planning, Production Processes & Facilities Panel Meeting
The National Shipbuilding Research Program (NSRP) will host the Planning, Production Processes & Facilities (PPPF) Panel Meeting November 5-6, 2014 in San Diego, Calif.
For Ferries, Commercial Light at End of Regulatory Tunnel
A review of the ferry industryâs latest challenges and opportunities attracted a record 340 delegates to Vancouver last week for the 39th annual Interferry conference. The global trade association event exposed a string of concerns â notably over punitive safety and environmental regulations â but also highlighted the financial potential of new routes, onboard shopping incentives and the use of LNG fuel.
APM Terminals wins Battle for Moin Container Terminal
The Supreme Court has ruled in favor of the Costa Rican Government and APM Terminals in an appeal filed by the port workers union against the 33-year concessionâŠ
Panama Canal's Tonnage Up
The Panama Canal registered an increase in tonnage to 326.8 million Panama Canal tons (PC/UMS) during fiscal year 2014 which concluded on September 30. This figureâŠ
Record Cruise Ship Arrivals at Gothenburg
Cruise tourism set a new record in Gothenburg this year. From April to October, 73 cruise ships visited Gothenburg, carrying 110,000 visitors. In total, cruise tourismâŠ
Hydroid Wins Gold at MassEcon Impact Awards
Hydroid, Inc., a subsidiary of Kongsberg Maritime and a leading manufacturer of autonomous underwater vehicles (AUVs), today announced that it has been named theâŠ
Mærsk Deliverer's Contract extended
Cabinda Gulf Oil Company Limited, a Chevron subsidiary in Angola, has extended the current contract for the ultra deepwater semi-submersible Mærsk Deliverer expiring in June 2015 by two years.
BG Group wins EXXON LNG Cargo
ExxonMobil's Papua New Guinea liquefied natural gas (LNG) export project has awarded a November cargo to BG Group as part of a two-cargo tender that closed this week, two traders said.
