Draft Restriction at Panama Canal Postponed
The Panama Canal Authority (ACP) has issued an updated Advisory to Shipping to alert all Canal shipping agents, owners and operators that water conditions at this…
Lockheed Welcomes US Plan to Use Its Combat System for Frigates
Lockheed Martin Corp on Friday welcomed the U.S. Navy's decision to use Lockheed's integrated combat system for future frigate-class ships to be built beginning in fiscal 2019…
Greece Moves Refugees to Mainland, Crush Builds on Border
Greece ferried hundreds of refugees to its mainland on Friday to relieve the pressure on outlying islands that have been overwhelmed by thousands of people arriving by boat to flee Syria's civil war.
Keel Laying for Aircraft Carrier John F. Kennedy
The Navy will lay the keel for the second Gerald R. Ford-class aircraft carrier John F. Kennedy (CVN 79) Saturday, August 22, 2015 at 10 a.m. John F. Kennedy, designated CVN 79…
USCG Offloads 650 lbs Marijuana
The Coast Guard offloaded nearly $600,000 estimated wholesale value of marijuana at Coast Guard Sector Miami, Friday. On Aug. 3, the Coast Guard Cutter Dependable…
MICT Wins ‘Container Terminal of the Year’ Award
Mundra International Container Terminal (MICT) received the Gateway Award for Container Terminal of the Year in recognition of its performance, operational excellence…
NY State Senator to Address SUNY Maritime Cadets
New York State Senator Jeff Klein (D-Bronx/Westchester) will address and preside over SUNY Maritime College’s Indoctrination (INDOC) graduation on Saturday, August 22, the college announced today. Senator Klein will address new students, their parents, family members, friends and supporters of the college, as 340 MUGS (Mariners Under Guidance) participate in graduation exercises marking the completion of their INDOC period.
Port of Rotterdam Installing New Buoys and Dolphins
Work toward the expansion and replacement of buoy berths and dolphin configurations in the Port of Rotterdam’s Caland Canal and the Botlek is underway, with a targeted operational time of autumn 2015, the Port of Rotterdam Authority announced last week. The buoys and dolphins reinforce the existing clusters in both liquid and dry bulk and are being used more and more, according to the port authority.
EU Tries to Clear 'Fog of Confusion' Over US Trade Pact
The European Commission will publish detailed reports on its negotiations with the United States to forge the world's biggest trade pact, EU trade chief Cecilia Malmstrom said on Friday…
MSC Announces First Sailing on Revised Asia Trade
Container shipping firm MSC has published sailing dates for its new look Asia network announced Monday, August 17. MSC’s new East-West Network is made up of 193 vessels which operate across 22 different services between Asia, Europe and the U.S. The network offers more ports, more weekly departures, faster transit times and improved reliability, MSC said. Additionally, by increasing the average vessel size on the trades while reducing the overall number of ships in operation…
EMGS Reports $1.6m Multi-client Sales
Marine controlled-source electromagnetic (CSEM) data provider EMGS informs it has entered into two new data licensing agreements with two oil companies for the provision…
Oil Below $40/bbl After Rise in US Oil Rigs
U.S. crude oil prices on Friday dove below $40 a barrel for the first time since the 2009 financial crisis, notching their longest weekly losing streak in 29 years after a further rise in U.S.
US Drillers Add Rigs for 5th Week in a Row
U.S. energy firms added two oil rigs this week, the fifth week of increases in a row, after U.S. crude prices have fallen about a third from recent highs, data showed on Friday…
MISC to Divest 50% Shareholding in VTTI
MISC Berhad and its wholly-owned subsidiary MTTI Sdn. Bhd. have today entered into an agreement with VIP Terminals Finance B.V. to dispose 50 percent of the issued share capital of VTTI B.V.…
MoU Ensures Dialog Between US Rivers Leaders
Leadership from the U.S. Army Corps of Engineers, the U.S. Coast Guard and the inland towing industry signed a memorandum of understanding today, designed to ensure consistent communications and support efficient and safe movement of commerce on the western rivers of the United States. The memorandum, signed by Jim Guidry (Kirby Inland Marine LP and RIETF co-chairman), Rear Admiral June E. Ryan (commander of the 9th Coast Guard District), Rear Admiral David R.
Viking Acquires Nadiro from Maersk Group
Marine and fire safety equipment and servicing provider VIKING Life-Saving Equipment A/S announced the acquisition of Nadiro A/S, a company owned by maritime and energy conglomerate Maersk Group and SH Group. Established in 2009, Svendborg, Denmark-based Nadiro manufactures lifeboat and rescue craft systems, developing and promoting its Drop-in-Ball technology to help ensure crew safety. VIKING has had the status of Preferred Distributor and Service Provider…
Can Chinese Steel Support Freight Markets?
Is China’s steel exports enough to support the freight market? No, it’s not enough, you will need lower Chinese iron ore production too in order to keep growing…
DONG Becomes Lead Developer of UK's Offshore Wind Hornsea Zone
Denmark's DONG Energy has become the lead developer of Britain's Hornsea Zone offshore wind scheme after it bought the project rights to the second and third phases of the development Mainstream Renewable Power and Siemens Financial Services. The Hornsea Zone, off the coast of northeast England, is being developed in phases to ultimately provide 4 gigawatts (GW) of renewable wind energy and has the potential to meet 40 percent of Britain's electricity demand.
Another Newbuild Tanker Joins Ardmore Fleet
Tanker shipper Ardmore Shipping Corporation’s latest newbuild vessel, Ardmore Seawolf, was delivered by SPP Shipbuilding from the Sacheon shipyard in Korea on August 13, 2015. The addition of the 49,999 DWT IMO 3 product and chemical tanker increases the number of Ardmore vessels on the water to 22, joining sister ships, Ardmore Sealion and Ardmore Seafox. Technical management of the Ardmore Seawolf will be provided by Univan Ship Management.
Royal IHC Launches Pipelay Vessel Sapura Rubi
Royal IHC has named and launched the pipelaying vessel, Sapura Rubi, in a ceremony at the company’s shipyard in Krimpen aan den IJssel, The Netherlands. The naming of the fully integrated vessel was performed by Glaucia Maciel, Human Resource Manager of Sapura Navegação Marítima S.A. The Sapura Rubi is the fifth 550t pipelaying vessel that IHC is supplying to Sapura Navegação Marítima, a joint venture between SapuraKencana and Seadrill.
