Weak Demand Across Vessels Drags Baltic Index Down
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday for a third consecutive session due to a drop in vessel rates.
Collective Effort Keeps Piracy at Bay, Risks Remain
Though the maritime sector has seen a decline in Somali piracy in the Indian Ocean and Gulf of Aden, there is no room for complacency regarding the ongoing threat, says EU Naval Force Operation Commander, Major General Martin Smith MBE. Addressing senior shipping industry representatives at breakfast meeting earlier this week, Smith credited the ‘collective effort’ of shipping companies and dedicated naval forces for the reduction in pirate attacks since 2012.
New Simulator for Shipboard Firefighting
Press release- Following an extensive trial period and pilot sessions with professional AFF instructors and crews, VSTEP has launched its Advanced Fire Fighting Simulator (AFF) for shipboard incidents. The AFF simulator enables participants to experience and train any incident on board a ship first-hand and is built to fully support and comply to the STCW Advanced Fire Fighting courses. The RescueSim Advanced Fire Fighting Simulator includes functionality…
Drydock World Dubai Signs Up to Use Nupas-Cadmatic
Nupas-Cadmatic has signed a contract for the delivery of 3D design and information management software to shipyard Drydock World Dubai (DDWD). The largest single deal in Nupas-Cadmatic’s history, the company said the contract represents its breakthrough in the international offshore industry. Nupas-Cadmatic’s delivery includes the design system licenses, system installation, user training as well as support services for over 150 simultaneous users of the software.
Vessel Grounds in Bosphorus Strait, Traffic Suspended
Traffic has been suspended in both directions on the Bosphorus Strait between 0700 and 1300 local time today as rescue operations are underway to re-float a vessel grounded on the northern side…
Oman Navy Celebrates New Patrol Vessels
The Royal Navy of Oman (RNO) celebrates the delivery of its second of four new patrol vessel, together with the naming of its third, at an event hosted by shipbuilder Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering). The recently delivered RNOV Shinas and recently named RNOV Sadh were celebrated at a ceremony featuring as its guest of honor Commander of the Royal Navy of Oman, Rear Adm.
China COSCO Orders 11 New Boxships
China COSCO has ordered 11 container ships from four Chinese shipbuilders in a $1.51 billion order that will propel the country's largest shipping line into the big league of giant vessel owners.
T/S Henri Forms in the Atlantic
Tropical Storm Henri, the eighth named storm of the 2015 Atlantic Hurricane Season, has formed in the Atlantic, the U.S. National Hurricane Center said on Wednesday.
China Plans Live-Fire Drills in Taiwan Strait
Taiwan drills already underway. The Chinese military will hold three days of live-fire drills in the sensitive Taiwan Strait starting from Friday, the government…
Tersan Fishing Trawler for Nenets Rybakkolhozsoyuza
The vessel, named "Pechora" eighth day of September was launched at a shipyard in Istanbul. The new sea trawler will be released in 2016. It will replace the outdated fleet of seven collective farms…
Bulk Handling Facility Commissioned in Townsville Port
Northern Stevedoring Services (NSS) and the Port of Townsville Limited (POTL) have announced the official commissioning of a state-of-the-art bulk handling facility in South Townsville.
ABP Named 'Business of the Year'
Associated British Ports (ABP) has been named Business of the Year at the Rail Freight Group awards last night. Judges hailed ABP’s record of innovation in the freight sector…
Nele Maersk Spills Oil off Spain
Last night, Nele Maersk container ship, bound for Genoa with 21 crew on board, informed Spanish Maritime Safety Agency (Salvamento Maritimo) that there had been…
Intermarine Acquires Heavy Lift Ship
Project, breakbulk and heavy lift cargo transporter Intermarine, LLC added a heavy lift ship, Industrial Grace, to its fleet. Industrial Grace is a P2 type vessel - 19…
Port Logistics Seminar Opens in Antwerp Port
The Port Logistics seminar was officially opened on Wednesday this week by Alexander De Croo, Belgian deputy prime minister and minister of Development Cooperation…
NYK Charters 2 LNG Carriers for Freeport LNG Project
Two joint-venture companies that NYK has established with Chubu Electric Power Co. Inc. each concluded a time-charter contract for a new liquefied natural gas (LNG)…
Italdraghe Harvester for Lake Victoria
The latest Italdraghe acquatic weed harvester is now on its way to Kenya. Destined to be used to remove the mats of hyacinth and hippo grass that have been steadily…
Arctic Drilling May Bring 30,000-year-old ‘Giant’ Virus Back
Melting polar regions are already causing unprecedented sea level rise but there are other threats besides water buried in the swiftly melting ice. The discovery…
Donegal Fishing Boat Nearly Hit by Submarine
Donegal fishermen are counting their lucky stars after a near-miss with a submarine last week. A shocked fisherman has described his close encounter with a submarine…
LNG Terminal in Poland Will be Ready This Year
Świnoujście terminal which is designed to reduce Poland’s dependence on natural gas imported from Russia will be completed by the end of the year, Polskie LNG, a…