Hanøytangen Deal Reached – Again
Bergen Group has reached an agreement with Semco Maritime on sale of the rig service activity and with Hellik Teigen AS for sale of the real estate at Hanøytangen. The parties have agreed to uphold the sales price of NOK 245 million, as set out in the agreement which was terminated two weeks ago. The transaction, expected to close by the end of today, will see Semco Maritime take over operational activities at Hanøytangen.
CMA CGM Implements War Risk Surcharge in Yemen
French container shipping company CMA CGM said it has implemented a War Risk Surcharge on all shipments to Hodeidah, Yemen. Applicable with immediate effect, the…
DHT Adjusts Senior Notes Conversion Price
DHT Holdings, Inc. announced that, in connection with the cumulative effect of the previously announced (i) cash dividend of $0.02 per share of common stock paid on November 26…
Five Fishermen Rescued After Vessel Sinks
Five fishermen men were rescued from a life raft overnight after their fishing vessel Kairos sank 75 miles west of the Isles of Scilly. UK Coastguard received two…
Oceans HQ, Gibraltar Registry, Partner on STCW Requirements
Maritime software solutions provider Oceans HQ Ltd has announced a partnership with the Gibraltar Ship Registry (part of the Gibraltar Maritime Administration), ahead of new STCW requirements for online access to seafarer certification data which come into force in 2017. The project, which began in September 2014, sees Oceans HQ working directly with the Gibraltar Maritime Administration to implement the Vessel HQ and Seafarer HQ platforms…
NewLead Announces Time Charter Contract
NewLead Holdings Ltd. has entered into a time charter contract with for one of its recently delivered bitumen tanker vessels, the Ioli, for a minimum of one year. The vessel has already been delivered to the charterer that has the option to extend the time charter contract for up to four additional one year periods. The Ioli is a 2009-built bitumen tanker vessel of 3,396 dwt and is one of the five bitumen tanker vessels that were recently delivered to NewLead's fleet.
Crowley Accord Acquires MMS
Crowley Maritime Corp. acquired Seattle-based Maritime Management Services, Inc. (MMS), a company with more than a decade’s worth of experience in crew management for offshore oil and gas vessels primarily in the U.S. Gulf, Singapore and Gulf of Mexico. MMS offers crewmembers services such as visas, flag-state and immigration documentation; crewmember certifications, including Standards of Training…
Marlink VSAT to Connect MV Brazen
The world’s first 18,800 TEU LNG-ready ultra-large containership, M.V. Barzan, was recently named at a ceremony in South Korea. MV Barzan is one of 17 (11 x 15,000 TEU and 6 x 18,800 TEU) advanced new containerships built by Hyundai Heavy Industries for United Arab Shipping Company (UASC), all of which will start their operational life with IP connectivity using Marlink VSAT (Very Small Aperture Terminal).
Four New Tugs for the Port of Alexandria
The Alexandria Port Authority has placed an order for four new Voith Water Tractors (VWT) to be built at different shipyards in Egypt. Two tugs with an engine power of 2 x 1,920 kW each will be propelled by two Voith Schneider Propellers VSP 28R5/210-2. They will achieve a Bollard Pull of at least 55 tons. The other two with a power of 2 x 1,370 kW each are to be equipped with two VSP 26R5/195-2 for a Bollard Pull of at least 40 tons.
Mediterranean Shipwreck Crew Not to Face Kidnapping Charge
Two smugglers arrested over the deaths of hundreds drowned in the Mediterranean's most deadly shipwreck in decades will not be charged with kidnapping because assertions…
Maersk Line to Increase Asia-Europe Rates
Shipping company Maersk Line, owned by A.P. Moller-Maersk, plans to increase freight rates for transporting containers from Asia to Northern Europe by $800 per 20-foot equivalent unit (TEU) from June 1, it said on Tuesday. With a fleet of more than 600 vessels, Maersk Line has a market share of about 20 percent on the world's busiest routes between Asia and Northern Europe. The world's third-largest container shipping group…
Battery-powered Ferry Enters Service in Norway
The world’s first electrical car and passenger ferry powered by batteries has entered service in Norway, representing a milestone on the road to operating emission-free ferries along Norway’s coastline, with at least 50 other routes currently able to sustain battery-operated vessels. The Norled ferry uses just 150 kWh per route, which corresponds to three days use of electricity in a standard Norwegian household.
April Ice Weighs on US-flag Lakes Cargo
U.S.-flag Great Lakes freighters (lakers) moved 6.7 million tons of dry-bulk cargo on the Great Lakes in April, a decrease of nearly 6 percent when compared to the month’s 5-year average. Another brutal winter again spawned heavy ice formations Lakeswide that slowed the vessels that were put into service and delayed others’ sail date. With five of the six U.S. iron ore loading ports on Lake Superior, it follows that the iron ore trade was most affected by the ice fields.
Indian Prime Minister Visits HHI
Indian prime minister Narendra Modi visited Korean shipbuilder Hyundai Heavy Industries (HHI), seeking increased partnership between the India’s shipbuilding industry and HHI. HHI is reportedly the only Korean company the prime minister visits during his two-day stay in the country. In a meeting at the HHI headquarters in Ulsan, Modi and HHI management discussed ways to expand cooperation on naval defense, LNG carrier construction and shipbuilding technology.
AXSMarine Upgrades Tanker Broker Software
AXSMarine has launched an upgrade to AXSTanker – commonly known as AXSTanker4.0, a software solution for competitive shipbrokers in the Crude, Clean, Gas, Chemical and Product tanker space. Within the AXSTanker community, brokers have the option to share vessel position updates with other members or keep them private for their own company’s use. Since its introduction in 2004, more than 100 shipbroking companies have signed up to AXSTanker.
BP, Sinopec in Singapore-based Bunkers JV
British oil major BP and China's Sinopec Fuel Oil are starting a Singapore-based joint venture in ship fuel storage and sales, BP said in a statement on Tuesday.
UN: Let Migrants Land in SE Asia
United Nations agencies urged Indonesia, Malaysia and Thailand on Tuesday to step up sea rescue operations and let desperate migrants reach land. In a joint statement…
USCG Terminates Charters Boat Voyage In Buzzards Bay
The Coast Guard terminated the trip of a 23-foot charter vessel today in Buzzards Bay, Massachusetts, due to an expired operator's license and evidence of illegal fishing.
Antwerp Port Gives Environmental Discount
As of 1 June 2015 the port of Antwerp will grant a discount to seagoing ships that use alternative technology to reduce emissions of particulates. The new discount…
ICTSI Laguna Dry Port Expansion
International Container Terminal Services, Inc.’s (ICTSI) dry port unit, Laguna Gateway Inland Container Terminal (LGICT), recently broke ground to start the expansion…
