Tundra MDS Earns ISO 28007-1:2015 Accreditation
Tundra Maritime Defense Services (MDS), the maritime division of Tundra Group, announced that it has been awarded full certification and accreditation for the recently issued ISO 28007-1:2015 (Guidelines for Private Maritime Security Companies), following an audit conducted by Lloyd’s Register Quality Assurance (LRQA). ISO 28007-1:2015 gives established guidelines to private maritime security companies…
More Dangerous Weather on Lake Michigan
U.S. Coast Guard Sector Lake Michigan warns of strong winds, high waves and mixed precipitation expected to create dangerous conditions in the area over the next few days…
WSF Orders Fourth Olympic Class Ferry
Washington State Ferries (WSF) will start 2016 with construction of a new Olympic Class ferry, after signing a Notice to Proceed last week with shipbuilder Vigor Industrial for work on its fourth 144-vehicle ferry. Construction begins in January, with delivery scheduled for mid-2018. Along with the Tokitae, Samish and Chimacum, the fourth Olympic Class ferry is part of a series built to replace four of the state’s oldest ferries built during the 1950s and 1960s.
Freeport-McMoRan Chairman James Moffett to Step Down
Freeport-McMoRan Inc co-founder James Moffett will step down as chairman and quit its board, months after the miner added two new directors under pressure from billionaire investor Carl Icahn.
CMA CGM Benjamin Franklin: Largest Ship to Call US
The massive CMA CGM Benjamin Franklin arrived at the Port of Los Angeles on Saturday, December 26, becoming the largest ship to ever call a North American port. Among the largest in the French shipping line CMA CGM’s fleet, the 1,300-foot-lont and 177-foot-wide containership has a capacity of nearly 18,000 twenty-foot equivalent units (TEUs) – about a third larger than the biggest containerships that currently call at the San Pedro Bay Port Complex.
Compact Genset Muffler Fits Tight Spaces
Fitting a generator and its exhaust system into a new build or a retrofit can be challenging, especially in a confined engine room. Marine Exhaust Systems said it aims to solve the space problem with its new whisper-quiet Series 4 Thinline Wall Pack Generator Muffler. Currently designed for up to 35 kilowatt gensets, the muffler is 12 inches wide, 17 inches tall and four inches deep. Its compact, low-profile size makes it suitable for any marine application…
Concordia Maritime Charters Out P-MAX Tanker
Concordia Maritime announced it has chartered out a P-MAX tanker to a Chinese shipping company for two years, effective in late January or early February 2016. Kim Ullman…
Offshore Prospects for 2016: Playing the Waiting Game?
This year, the offshore oil and gas industry has had to come to terms with the worst downturn for more than a decade. With commodity prices plummeting to an 11-year low in December, market research and consulting firm Douglas-Westwood (DW) reflects on the year gone by and considers the outlook for the year to come. Offshore rig markets still have a lot to digest before recovery. Rig dayrates have plummeted as a function of significant oversupply.
NORDEN Sells Capesize Vessel
NORDEN announced it has agreed to sell Nord Power, a 176,000 tdw Capesize dry cargo vessel built in 2005. NORDEN said the sale will entail an accounting loss of $12 million, which will be included in the annual results for 2015. In the long term, NORDEN said it expects to reinvest the proceeds from the sale into additional Supramax or Panamax tonnage, in line with its strategy focusing on these vessel types.
China Fines Shippers $63 mln for Price Fixing
China has fined seven shipping companies, including Japan's Kawasaki Kisen Kaisha, a total of 407 million yuan ($62.85 million) for price-fixing, the country's state…
Shell Exits Transocean's Polar Pioneer Contract
Transocean, one of the world's largest offshore drilling companies, said on Monday that Shell had opted to terminate its contract for the harsh environment semisubmersible…
Asia-Europe Box Rates Inch Up
Shipping freight rates for transporting containers from ports in Asia to Northern Europe rose by 2.7 percent to $573 per 20-foot container (TEU) in the week ended on Friday…
Filipino Protesters Irk Chinese in South China Sea
China expressed anger on Monday after a group of Filipino protesters landed on a disputed Philippine-held island in the disputed South China Sea. About 50 protesters…
Survival of Fittest for 2016 Commodity Shippers
Downturn in dry freight market started in 2008; more ships expected to hit the water next year. Shipping companies that transport commodities such as coal, iron…
APM Terminals Pipavav Reaches Out to the Physically Challenged
APM Terminals Pipavav one of Western India’s gateway ports, in association with Shri Bhagwan Mahavir Viklang Sahayata Samiti (BMVSS), Ahmedabad; SBI Mutual Fund…
Wärtsilä Solution for 15 LNG Powered Barges
A series of 15 inland waterway barges being built for Belgium based Plouvier Transport N.V., and which will be chartered by Shell Trading Rotterdam (Shell), are…
Norway: EMGS in 3D EM Data Sale
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an oil company for the provision of 3D EM data from the multi-client data…
China Fines 8 Global Shippers
China is going after container shipping lines for freight rate abuses. The Chinese Ministry of Transport has fined a total of $65 million on price-fixing charges.
Living Shorelines Blunt Effects of Climate Change, Says NOAA
A recent NOAA study, published in the journal PLOS One, shows “living shorelines” — protected and stabilized shorelines using natural materials such as plants, sand…
Odigitria Grounded in Delaware River
The Marshall Islands-flagged bulk carrier Odigitria grounded in Delaware river off Grows Terminal in Morrisiville, Pennsylvania. The ship was loaded with scrap,…
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