Iran Moves Ships, Reducing Tensions Near Yemen
A flotilla of nine Iranian military and cargo ships that U.S. officials feared was carrying arms to strife-torn Yemen sailed northeast in the direction of Iran on Friday, a move the Pentagon said helped to ease U.S. concerns. Army Colonel Steve Warren, a Pentagon spokesman, said the flotilla was in international waters about midway along the coast of Oman on Friday and still headed northeast. He declined to say the ships were going back to Iran or headed toward Iran. Warren said the U.S.
HII, Kinder Morgan Not to Pursue Avondale Joint Venture
Huntington Ingalls Industries and Kinder Morgan Inc. Huntington Ingalls Industries (HII) announced it has completed discussions with Kinder Morgan Inc. (KMI) to…
OSV Technology: Notable Designs & Deliveries
Though the market for Offshore Support Vessels (OSVs) is soft, advances in technology, fit and finish in the sector is unrivaled in any other maritime niche over the past five years. Here’s a look at some of the more notable designs and deliveries. Few vessels have inspired as much attention or coverage as the Harvey Energy, the first OSV of its kind in North America, able to run on both Liquefied Natural Gas (LNG) and diesel.
USCG Searching for Mariner off Hawaii
U.S. The U.S. Coast Guard (USCG) rescued one man and is still searching for another after the 34-foot fishing vessel Munchkin ran aground on the rocks about one half a miles west of Lanai…
Rescue Ships Head for Libya, as Migrants Die Also in Balkans
British and German warships made ready to sail for waters off Libya as Europe ramped up rescue operations in the Mediterranean after up to 900 desperate migrants…
Ingram Barge’s Sehrt Elected AWO Chairman
The members of the American Waterways Operators (AWO), the national trade association representing the tugboat, towboat and barge industry, elected a new slate of leaders during its Spring Convention held recently in Washington, D.C. David G. Sehrt, Senior Vice President and Chief Engineering Officer of Ingram Barge Company, was elected Chairman, succeeding outgoing Chairman Frank Morton, Director, Turn Services LLC. James F.
Four Petrobras Platforms Halt Output Due to Oil Leak
Four Petrobras oil platforms off the northeast coast of Brazil have halted production after a leak of about 7,000 liters of oil was detected coming from a pipeline linking them…
Algoma Central Orders New Great Lakes Ships
Algoma Central Corporation announced that it has acquired a 2009-built handy size self-unloading ocean class vessel, the Gypsum Integrity, from Gypsum Transportation Limited. The vessel is being renamed the Algoma Integrity. In addition, the company announced that that it has signed contracts with a subsidiary of Uljanik d.d. of Croatia, for the construction of two new Equinox Class 650 foot self-unloading dry bulk lake freighters.
Gondan Lays Keef for IMR Oceanographic Vessel
Gondan Shipyard has celebrated at its facilities in Figueras the keel laying ceremony of the new Oceanographic Research Vessel for the Institute of Marine Research (IMR) of Bergen, Norway.
Kenya Eyes Inland Cargo Logistics Hub to Serve Nearby States
Kenya aims to build a cargo logistics hub near the border with Uganda to receive and clear goods through customs that arrive by air, rail or road, easing pressure…
Baltic Index Inches Up on Increased Rates for Bigger Vessels
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Friday on increased rates for bigger vessels.
Oil Price Shock Soon to be Positive Overall for Canada
Canada's economy will start to show more positive effects from the drop in oil prices than negatives from the second quarter onwards, Bank of Canada Governor Stephen Poloz said on Friday.
Total Eyes Sale of its Fuel Retailing Business in Turkey
Total aims to exit its fuel distribution business in Turkey and has asked Societe Generale to lead the sale, sources said on Friday, as the French oil producer looks…
Russia, France Close to Deal on Mistrals
Russia and France are close to reaching an agreement for Paris to cancel a frozen contract on the sale of Mistral helicopter carriers and reimburse Moscow, a Russian…
MMT Presents Surveyor Interceptor ROV (SROV)
At Ocean Business in Southampton MMT´s key topic was the new Surveyor Interceptor ROV (SROV). Together with its Norwegian partners Reach Subsea AS, MMT developed a new generation, survey ROV, named Surveyor Interceptor (SROV), which is specially designed for pipeline inspection and seabed surveys. The new SROV is designed to provide MMT´s clients with improved, accurate data to a much higher speed resulting in substantially better inspection quality at a lower cost per km.
Incat Crowther Designs Commercial Security Vessel
Incat Crowther has received a contract to design an offshore commercial oilfield security vessel for Veecraft Marine and its client, UTM Dredging Ltd, the designer announced today. Continuing its relationship with Veecraft Marine, a South African shipyard specializing in aluminum vessels, Incat Crowther said it has developed a high endurance, efficient, yet robust design. Two vessels of this design are under construction with future orders pending.
MISC Says AET Tankers Unit Not for Sale
MISC Berhad issued a statement today addressing recent market speculation that the company is set to sell its wholly owned petroleum tanker subsidiary AET Tankers. The statement comes in response to now disconfirmed media reports that stated MISC was looking to sell AET to Teekay. Malaysian-headquartered AET operates a fleet of approximately 80 owned and chartered vessels, with one DP2 shuttle tanker scheduled to be delivered this year.
Maritime Casualty Forum Held in Singapore
More than 250 shipping and insurance professionals gathered for the first ever Asian Maritime Casualty Forum held during Singapore Maritime Week. The two-day conference, hosted by global marine and engineering consultancy London Offshore Consultants (LOC), highlighted some of the vital issues in salvage and vessel wreck removal and in particular rising costs, technological challenges and the need for the parties involved in major casualties to work more closely together.
Spanish Ferry Operator Enrolls in Carbon Credits Program
Spanish ferry operator Baleària has signed up to AkzoNobel’s carbon credits program. The company has enrolled its passenger ferry Martin i Soler into the scheme…
Horizon's Hawaii Business Acquisition Cleared by DOJ
Horizon Lines, Inc. reported yesterday that, after a review by the Antitrust Division of the Department of Justice, Horizon's proposed sales transaction with The…
