Transpacific Container Shippers Plan Freight Rate Rise
A container shipping organisation urged companies on Wednesday to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) from Feb. 9, and indicated…
Navy LCS Undergoes Planned Maintenance
The U.S. Navy’s littoral combat ship USS Fort Worth (LCS 3) departed from Singapore February 2 after completing her first six-day scheduled preventive maintenance…
Barges Hits Ferry in Holyhead Harbor
A Stena Line ferry, Stena Nordica, has been taken out of service after suffering damage when a barge collided with its hull Sunday while berthed in Holyhead harbor on Anglesey, BBC reported.
Scorpio Bulkers Modifies Shipbuilding Contracts
Scorpio Bulkers Inc. has reached agreements with a shipyard in South Korea to modify existing newbuilding contracts for three Capesize Vessels, the company announced today.
US West Coast Port Negotiations Hit Snag
Shipping companies and terminal operators for 29 U.S. West Coast ports appeared to have hit a snag on Wednesday in protracted labor negotiations with the dockworkers' union, calling a news conference to publicly address the status of the talks. The negotiations, joined in recent weeks by a federal mediator, have coincided with chronic cargo backups hampering freight traffic through waterfronts handling nearly half of U.S. maritime trade and more than 70 percent of imports from Asia.
US Coast Guard Cutter Rush Decommissioned
The U.S. Coast Guard held a decommissioning ceremony at Base Honolulu Tuesday for Coast Guard Cutter Rush, which will be sold to the Bangladesh Navy and replaced by Coast Guard Cutter Sherman. The ceremony honored 45 years of Rush’s service to the Coast Guard. Vice Adm. Charles W. Ray, Coast Guard Pacific Area commander, presided over the event. Since the cutter was launched in 1968, it has served the U.S.
AAPA Announces 2015 Cruise Award Recipients
The American Association of Port Authorities (AAPA) will honor two 2015 Cruise Award recipients at the group's 2015 Cruise Seminar, the APAA announced today. J. Robert Jumonville, former cruise and tourism director for the Port of New Orleans, and René Trépanier, executive director of the Cruise the Saint Lawrence Association, will receive the awards during the group's biennial seminar, which will take place from February 10th to February 12 at the Hyatt Regency Pier Sixty-Six in Ft.
Cargo Ship Attacked off Nigeria
Gunmen attacked a Greek-owned tanker while it was waiting to load off Nigeria late on Tuesday, killing its Greek deputy captain and taking hostage three other crew…
Sea Trials Show Air Lubrication Delivers Energy Savings
Silverstream Technologies and Shell announced the sea trial of Silverstream Technologies’ new air lubrication technology for ships, the Silverstream System. The sea trials…
Seacurus Launches South-East Asian Petro-Piracy Coverage
Specialist marine insurance intermediary Seacurus has launched a petro-piracy endorsement for ships operating in the South China Sea, Malacca Straits, Indonesian Archipelago and Gulf of Guinea.
Ship Operator Fined $1.8m for Oil Discharge
The Hachiuma Steamship Co., LTD pleaded guilty January 30 to violating the Act to Prevent Pollution from Ships (APPS), arising from the failure to maintain an accurate…
Sovcomflot, RS Partner to Bolster Russian Fleet
Sovcomflot (SCF Group) and Russian Maritime Register of Shipping (RS) have taken steps to make the Russian fleet more competitive. In 2014, 10 SCF Group vessels were transferred to the RS class…
Glander International Bunkering Continues Dubai Office Hiring
Glander International Bunkering continued a series of hires in its Dubai office today, announcing the hiring of Kristian Korsgaard Pedersen as the office's Senior Bunker/Lubricant Trader and Team Leader. On Monday, the company announced the hiring of Luis Cañizales as an office Bunker and Lubricant Trader. Pedersen, originally from Denmark, has worked in the bunker industry for over 16 years. He was the Sales Manager at O.W.
SBM Offshore Warns of Sharp Revenues Drop
SBM Offshore, the Dutch marine oil production and loading vessels specialist, said on Wednesday its revenue this year could fall to as low as $2.2 billion, down from $3.5 billion in 2014. "The effects of the recent drop in oil prices are being felt across the offshore services industry in the form of lower order intake," said Chief Executive Bruno Chabas in reporting its results for last year. However…
Vikoma and Mobimar Supply Oil Spill Response Equipment for Finnish Border Guard
OPV Turva, the Finnish Border Guard's new 314 foot (95.9 meter) offshore patrol vessel, will be outfitted for oil spill response just seven months after its launch. UK-based Vikoma International Ltd and Mobimar Ltd of Finland will provide the vessel with oil spill response equipment, including 800m of Vikoma oil containment boom, four Vikoma boom reels, and Mobimar's in-hull integrated recovery system, along with other oil recovery systems.
Maersk Offshore Service Units to Cut Head Office Jobs
A.P. Moller-Maersk's oil industry service companies Maersk Drilling and Maersk Supply Services, are to cut staffing at their Danish head offices due to the slump in oil prices. Oil companies and as a result the firms servicing them, have slashed spending and cut jobs since crude oil prices have fallen by over 50 percent since July last year. Maersk Drilling said on Wednesday it would cut 90 positions…
Volvo Penta Names Puscar Marketing Director
Marcelo Puscar has been appointed as director of marketing at Volvo Penta of the Americas. Previously director of marine sales for Latin America, Puscar will relocate from Volvo Penta Brazil to the company’s headquarters in Chesapeake, Va., where he will be responsible for managing and implementing a strategic marketing plan that builds, promotes and communicates Volvo Penta’s brand, products and services in the marine and industrial market sectors.
Crewsaver to Debut New Inflatable Life Vests
Crewsaver said it will introduce its range of ErgoFit and Crewfit inflatable life vests at the 2015 Progressive Miami International Boat Show, February 12-16. The new Crewsaver range offers comfortable, safe, stylish and affordable solutions for all types of boating and fishing activity, the manufacturer said. Encompassing Fusion 3D technology, a Crewsaver vest will mould to the shape of the wearer’s body and sit off his or her neck to allow total freedom of movement.
Mitsubishi Heavy Industries Releases FY2014 3rd Quarter Financial Results
Mitsubishi Heavy Industries released its consolidated financial results for the first nine months of fiscal year 2014 today. The company posted a 47.9% increase…
ClassNK Approves New Corrosion Resistant Steel
ClassNK has issued approval for Nippon Steel & Sumitomo Metal Corporation’s newly developed corrosion resistant steel (NSGP-2) for use on the upper deck and/or inner…