Diana Containerships Sheds Panamax Boxship
Press release - Diana Containerships has signed a Memorandum of Agreement to sell to an unaffiliated third party the 1995-built vessel "Garnet" (formerly "APL Garnet") for demolition, with delivery due to the buyer by the end of September 2015, for a sale price of approximately $7.85 million before commissions. Upon completion of the aforementioned sale, Diana Containerships Inc.'s fleet will consist of 13 container vessels (5 Post-Panamax and 8 Panamax).
FLNG Birth of a Market
FLNG deal-making has been sporadic since Woodside Petroleum at the end of 2013 delayed a final investment decision for the giant Browse FLNG project off Northwest Australia. The previous year had seen go-aheads for most of the floating liquefied natural gas projects (FLNG) underway today, including Shell’s Prelude FLNG — Woodside’s choice, it seems, of a liquefaction solution for fields 200 kilometers offshore. Yet Prelude, “the first project out”, might not be first to produce.
Container Growth Up at GPA
Geargia Port Authority Executive Director Curtis Foltz reported a 16.6 percent calendar year to date increase in container volumes, as well as capital projects necessary for future growth. The Port of Savannah has moved 2.55 million twenty-foot equivalent container units since the start of the calendar year, an additional 365,097 TEUs. Twenty-foot equivalent container units grew by 4.4 percent (13,353 TEUs) in August alone, for a total of 315,175 TEUs.
EU-bound Jet Fuel Stays at Sea
Tankers anchored off Europe, extend voyage seeking buyers; outlook dim as imports to the region rise. A jet fuel market in Europe saturated by imports from Asia…
NMA Prohibits CO2 Firefighting on MODU's
Statutory Alert: The Norwegian Maritime Authority (NMA) has updated Regulation No.227 on precautionary measures against fire and explosion on mobile offshore units, with effect from 1 January, 2015. Section 10.2.1 prohibits using carbon dioxide or other gases which are toxic to humans in the concentrations necessary to extinguish fires in machinery spaces and other spaces of high fire risk. foreign-registered mobile offshore units requiring a Letter of Compliance (LOC).
OP/ED: e-logs & Saas to Transform Marine Recordkeeping
The USCG has poised e-logs and SaaS to transform U.S.-flagged shipboard recordkeeping. The United States Coast Guard frequently appears behind the times when it…
AAL Canada Opens Vancouver Office
Press release - AAL has announced the opening of a new office in Vancouver, Canada. This continues the company’s global expansion strategy, which has, in the same month, seen the opening of AAL Korea. The move strengthens the company’s on-the-ground presence and customer support function in a region experiencing growth and development. AAL is also one of the first global shipping operators established…
Norden to Exit Capesize Bulker Markets
Danish shipping company D/S Norden plans to cut the number of vessel types it operates to help it through a long-depressed shipping market that could be about to get worse due to a slowdown in China…
Singapore's Record Fuel Stocks Move to Floating Storage
Record high stocks of fuel oil in Singapore are pushing traders to store the shipping and feedstock fuel into tankers temporarily as demand slows regionally. At…
Damen Tugs Renew Towmar Baltic UAB fleet
Towage operator Towmar Baltic UAB recently renewed its fleet with two new Damen ASD Tugs 2810. The ship assistance and marine service company provides services to…
Transas e-Logbook Gets Panama Flag Approval
The Panama Marine Authority has confirmed the Transas Electronic Logbook as equivalent to the paper version for use on board the ships registered under the Panamanian Flag.
Wärtsilä Adds Thruster to Inland River Portfolio
Wärtsilä introduces the latest addition to its thruster product portfolio, the Wärtsilä WST-14 steerable thruster, which represents state-of-the-art azimuthing propeller technology.
NAVTOR Opens Japan Office
Less than a year after opening its first office in Asia, Norwegian e-navigation specialist NAVTOR is expanding in the region again - this time with a dedicated presence in Japan. NAVTOR Japan K.K.
WWII Catalina Aircraft Wreckage Confirmed
The Royal Australian Air Force has confirmed that aircraft wreckage found in waters south of Cairns is that of RAAF Number 11 Squadron Catalina A24-25 that crashed on 28 February 1943…
AUSINDEX15 a Success
The inaugural bilateral maritime exercise between India and Australia, AUSINDEX15, has concluded in Visakhapatnam, India. The activity brought together ships and…
Gener8 Maritime Acquires ECO VLCC
Gener8 Maritime, Inc. involved in international seaborne crude oil transportation services, today announced that it took delivery of the ECO VLCC Gener8 Neptune…
Crowley Offers LNG Training at JaxPort
Crowley Maritime Corporation recently participated as one of several Gas Technology Institute (GTI) funding collaborators to bring liquefied natural gas (LNG) awareness…
China Pushes Maritime Silk Road to Asean
China made its pitch to ASEAN members to promote its Maritime Silk Road plans. China has said it will finish negotiations on upgrading the China-ASEAN Free Trade…
Fire in Urea carrier Otong Kosasih
Urea carrier Otong Kosasih suffered fire in superstructure, vessel is docked in Kalidoni Palembang, South Sumatra. The 1975-built, 11,196 dwt urea carrier Otong…
Greyman Express Launched
China’s COSCO Guangdong Shipyard today launched Greyman Express, the sixth newbuilding livestock carrier to be constructed for Dutch company Vroon at this yard.
