IMO Head Predicts Surge in Med Migrants
Koji Sekimizu, secretary-general of the International Maritime Organization (IMO) said that number of migrants crossing the Mediterranean could surge to 500,000…
Hamburg Süd Hit by Slowdown
The Hamburg-headquartered shipping line Hamburg Süd was hit by the economic downturn on the carrier's key markets in Brazil, Argentina and Venezuela. The modest…
Cyprus Cabinet Okays Ports Privatisation Framework
Cyprus is pushing ahead with the privatisation of its ports as part of the nation’s rehabilitation plans which will see a number of state-run entities turned over to the private sector.
SIPG to Acquire Jinjiang Shipping
Shanghai-listed Shanghai International Port Group (SIPG) is currently considering acquiring part of the equity stakes in Shanghai Jinjiang Shipping, a container…
Fuel Slick Washes Up On Canary Islands After Ship Sinks
Around 120 kilos of shipping fuel has been scraped up off the Spanish Gran Canaria tourist beaches Veneguera, Tasarte and Taurito, the government said on Thursday…
Five Minutes with Halul Offshore CEO, Vivek Seth
Last month Maritime Reporter spent some time with Vivek Seth, CEO, of Qatar-based Halul Offshore Services Company, for his insights on the impact of low oil prices in the Middle East and beyond. What is your background? I became part of the Milaha family when I joined Halul Offshore in February 2014 as CEO. I am a second generation Marine Engineer. After sailing as a C/E I took my first shore job as Technical superintendent in Hong Kong for more than two years.
Harkand Haldane DP3 Dive Support Vessel: A New Wave of DSV
The Harkand Haldane is a DP3 dive support vessel currently being designed and built in Europe to reduce downtime in the North Sea’s winter marginal weather months. Along with its well-equipped and logically planned layout, Harkand’s clients looking for increased efficiency to maximize production during these challenging times may well have struck gold. There is no doubt this is a demanding time for the oil and gas industry.
Shipwreck Refloated Near the Galapagos
Grounded cargo ship Floreana was refloated by T&T Salvage on April 4, 2015 in San Cristobal, Galapagos Islands, Ecuador. Leading operations in the Galapagos Islands World Heritage Site, T&T Salvage ensured all fuel, oil and other pollutants were successfully removed prior to refloating the ship wreck that lie sunk on a rocky volcanic shoreline for over two months. The salvage team’s efforts were credited…
Iranian Ships Moving Away from Yemen
Iranian ships are moving northeast away from Yemen, a U.S. official said on Thursday after a convoy of Iranian cargo ships prompted U.S. concerns that Tehran was sending weapons into the region.
Baltic Index Edges Lower as Capesize Activity Decreases
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, slipped on Thursday primarily due to lower demand for capesize vessels.
Philippine VP Open to Exploring for Oil with China in Disputed Sea
Philippine Vice President Jejomar Binay, considered a front-runner for the presidency in 2016, said on Thursday he would welcome a joint venture with China to explore for oil and gas in disputed areas of the South China Sea. Binay's stance is in contrast to President Benigno Aquino, who has opposed business partnerships with China in territory claimed by both countries. China claims most of the potentially energy-rich South China Sea…
Seattle to Host Spill Preparedness Conference
The U.S. Coast Guard and Washington Department of Ecology will host a spill preparedness conference May 20-21 at the Jackson Federal Building in Seattle. The two…
IMO Joins UN Climate Change Learning Partnership
The International maritime Oranization (IMO) reports it has joined the United Nations One UN Climate Change Learning Partnership (UN CC:Learn). IMO now enters a partnership of more than 30 UN organizations that have an interest in climate change learning. The CC:Learn e-Learning platform aims to provide free e-learning resources on climate change, each course building upon the expertise of relevant UN partners.
FMC Honors Crowley for Green Initiatives
Crowley Maritime Corp. has been honored with the 2015 Federal Maritime Commission (FMC) Chairman’s Earth Day Award in recognition of the organization’s companywide environmental stewardship initiatives. The announcement was made during a Professional Environmental Management Association luncheon held in Seal Beach, Calif., earlier this week. FMC Chairman Mario Cordero will present a plaque commemorating the award to Crowley during a future recognition ceremony in Washington D.C.
USG to Sell 2 GTL Ships for $42m
North American building products company United States Gypsum Corporation (USG) announced that it has entered into agreements to sell two gypsum carrying ships.
Dubai's DP World Eyes Dollar Bond
DP World, one of the world's biggest port operators, wants to issue a dollar-denominated bond and could announce plans to market the deal to fixed-income investors as soon as next week…
Eni CEO Drafts in Former Boss to Pave Way for Saipem Sale
Stefano Cao has been brought back by Eni to turn around the oil service subsidiary Saipem that he spent nearly 25 years working for and prepare it for a sale, according…
Chinese Warship Warns Philippine Patrol Plane in Disputed Sea
A Chinese warship stationed near a reclaimed reef in a disputed part of the South China Sea aimed a "powerful light" at a Philippine military plane on a maritime patrol…
Rolls-Royce to Power Ice-class MPV
Rolls-Royce informs it has secured a contract to supply a power and propulsion package for an ice-class multipurpose vessel under construction at Keppel Singmarine for Singaporean ship owner New Orient Marine Pte Ltd. The propulsion package includes a 1,650kW and two 3,000kW tunnel thrusters, two US ARC 0.8 main azimuth thrusters and a single 3,000kW retractable thruster. As well as four Bergen B32…
AMI Maritime, BMT SMART Sign Partnership Agreement
BMT SMART (BMT), the specialist fleet and vessel performance management company of BMT Group, announced that Singapore-based AMI Maritime Pte Ltd has become an accredited service partner. The agreement will provide both organizations with the opportunity to enhance their proposition in helping to optimize shipping operations worldwide. As part of a two day workshop, a number of engineers from AMI Maritime…