Hercules Offshore to Begin Restructuring
The Houston-based NASDAQ-listed drilling contractor Hercules Offshore Inc. (HERO) has entered a restructuring agreement with a noteholder group, and expects a prepackaged reorganization plan.
KNOT Orders New Tanker for Charter with BG Group
Knutsen NYK Offshore Tankers AS (KNOT) has concluded a time-charter contract with Brazil Shipping 1 Limited, a subsidiary of the U.K. energy supplier BG GROUP PLC.
Pirates Attacks Three Ships in SOMS within Three Hours
Three commercial ships were boarded by pirates within just three hours of each other in Straits of Malacca and Singapore (SOMS), the ReCAAP Information Sharing Centre (ISC) has reported.
USC Acquires Zvezda
United Shipbuilding Corporation (USC) has taken on 53.5122% of the voting shares of the long planned Far Eastern Plant Zvezda shipbuilding complex in Russia’s Far East.
Greatship Sells AHTS Vessel
Indian shipping company Great Eastern Shipping has announced that its wholly owned subsidiary, Greatship, has sold and delivered anchor handling tug supply (AHTS) vessel Greatship Akhila (7,080 bhp, built 2009) to unnamed buyers. "Greatship (India) Ltd (GIL), a wholly-owned subsidiary of Great Eastern Shipping Company Ltd, has sold and delivered the 2009-built 80T Anchor Handling Tug cum supply vessel 'Greatship Akhila', to the buyers," the company said in a filing to BSE.
Canada Introduces Regulations to Address Aquatic Invasive Species
The entry into force of new regulations to strengthen the prevention of aquatic invasive species (AIS) in Canadian waters was announced today by Canada’s Minister of Fisheries and Oceans, Gail Shea. The Government of Canada, which spends more than $14 million on AIS issues annually, worked with provincial and territorial governments to develop the Aquatic Invasive Species Regulations. The regulations…
Haitian Migrants Rescued at Sea, Repatriated
The crew of the U.S. Coast Guard Cutter Valiant repatriated 54 Haitian migrants to Cap Haitien, Haiti, Tuesday. While on patrol, a Caribbean Air & Marine Branch aircraft reported a suspicious sailing vessel south of St. John, Virgin Islands, Wednesday. A boatcrew from Coast Guard Station San Juan, Puerto Rico, arrived on scene and provided life jackets to the suspected migrants aboard the grossly overloaded vessel.
Rail Deal to Boost New Orleans Container Flow
The Port of New Orleans and CN signed a memorandum of understanding (MOU) that will see the parties develop greater supply chain efficiencies aimed at drawing more container traffic through the Port to North American markets. “We and our Port of New Orleans gateway partners have a mutual interest in ensuring the competitive and efficient movement of container goods through the gateway and growing its market share,” said JJ Ruest, CN’s executive vice president and chief marketing officer.
NOAA Issues Whale Advisory to Mariners
The National Oceanic and Atmospheric Administration (NOAA) broadcasted an advisory concerning populations of endangered whales off the coast of California, stating large numbers of endangered whales are being observed along the coastline. Voluntary vessel speed reduction zones are currently in effect for the San Francisco and Santa Barbara traffic separation schemes (TSS). NOAA is asking mariners to help track whales by reporting whale sightings…
UK Shipping Company Fined for Environmental Crimes
Norbulk Shipping UK Ltd, a company based in Glasgow, U.K., and operator of the reefer cargo ship M/V Murcia Carrier, pleaded guilty to failing to maintain an accurate…
SC Ports Projects 7% Container Growth
Following a record-setting month of container volumes achieved in May, the South Carolina Ports Authority (SCPA) board of directors looked ahead to a favorable 2016 fiscal year today with the adoption of a financial plan that includes continued cargo growth, increased operating revenues and significant capital investments. The plan projects pier container volume of 1.15 million boxes during FY2016, a 7.2 percent increase over projected totals for the current fiscal year.
CME: Force Majeure for Shipping Stations Due to Floods
CME Group Inc declared force majeure for all corn and soybean shipping stations because of flooding on the Illinois River, according to a notice from the exchange operator on Wednesday.
ACT Burgas Implements Terminal Operating System
Navis, a part of Cargotec Corporation, announced that ACT Burgas, the container department of BMF Port Burgas EAD, has gone live on the Navis N4 terminal operating system (TOS).
ZPMC Orders Romica Equipment for DSV
Romica Engineering Ltd (REL) has signed a contract with Shanghai Zhenhua Heavy Industries Co. Ltd. (ZPMC) to provide a triple drum winch and tooling deployment A-Frame system. This will support the overboard deployment and recovery of diver tools supporting subsea work. The equipment will be fitted on the current diver support vessel in build for Sealion Shipping Ltd, on behalf of Toisa Ltd, this DP3…
Russia's Sechin: US, Not OPEC, Rules Oil Market
Igor Sechin, the head of Russia's top oil producer Rosneft, said on Wednesday the United States is calling the shots on global oil markets, while the influence of OPEC has shrunk.
Port of Long Beach Reports Strong May
Cargo rose at the Port of Long Beach by 6 percent in May, the third consecutive month of growth, the busiest month since October 2007, and the busiest May since 2006. A total of 635,250 TEUs of containerized cargo were moved through the port in May. Imports numbered 327,317 TEUs, a 4.8 percent increase from the same month last year. Exports decreased 7.4 percent to 135,855 TEUs. Empty containers rose 22.6 percent to 172,078 TEUs.
CMA CGM Reshuffles Asia-Europe Lines
The CMA CGM Group informs it has reorganized its container shipping lines between Asia and Europe with the reshuffle of its FAL1 and FAL3 services to better meet clients’ needs and optimize vessel utilization, notably increasing Chinese ports coverage with the group’s largest ships. Starting June 24, with the aim of improving North China coverage, CMA CGM will reorganize its FAL1 service rotation, which deploys the group’s largest vessels.
Waterways from Matagorda to Galveston Reopened
The U.S. Coast Guard (USCG) has reopened waterways from Matagorda Bay to Galveston Bay following their closure due to Tropical Storm Bill. The USCG informs it has…
Collaboration Enhances Oil Spill Research
The University of South Florida’s (USF) College of Marine Science announced a new partnership with Agilent Technologies and the Gulf of Mexico Research Initiative (GoMRI) for analytical chemistry equipment to study oil spills. Funded by GoMRI and Agilent’s Research Support Program, the partnership will allow access to cutting-edge analytical instrumentation to better understand the effects of oil as well as other emerging contaminants in the environment.
CMRE at the Forefront of NATO’s Interoperability
CMRE participates in the annual NATO-led Coalition Warrior Interoperability eXploration, eXperimentation, eXamination, eXercise (CWIX), ongoing at the Joint Force…
