CMES Confirms Order for 10 VLCCs
The board members of China Merchants Energy Shipping (CMES) has approved of a plan to order an additional 10 eco-friendly VLCCs. These vessels will be operated by CMES’ Hong Kong-based subsidiary…
Duesseldorf Express Delays
Hapag-Lloyd informs about the current delay of its Mediterranean Pacific Service (MPS) – “Duesseldorf Express” due to technical Problems. "We regret to inform you…
Moody's changes outlook on CMA CGM's B1 ratings to stable
Moody's Investors Service has today changed to stable from positive the outlook on CMA CGM S.A.'s B1 corporate family rating, B1-PD probability of default rating and B3 senior unsecured rating.
Hanjin Aqua Aground in Sunda Strait
The container ship Hanjin Aqua (4,500-TEU) ran aground off Sangiang Island in Indonesia's Banten, Sundra Strait. The ship with 2303 containers on board is en route from Adelaide Australia to Jakarta…
Poland Launches 'Go Arctic'
Poland joins countries looking to tap into its natural resources, as minerals and fossil fuels become more accessible for exploitation. The Polish Information and…
Chinese Shipyard New Orders Slump
Drop in commodity prices has slashed global demand for bulk carriers, pushing shipyards out of business, says Chinese news agency Caixin. Huai Jinpeng, a vice minister…
Majority of International Fleet Now Fitted With ECDIS
Large cargo ship fleet well prepared for July 2016 ECDIS regulations and ECDIS adoption accelerates among global tanker fleet. Over half of ships trading internationally are living with ECDIS…
Noone Named President of TOTE Maritime Alaska
TOTE Maritime Alaska announced that Michael Noone will assume the role of President, January 1, 2016. Noone joined TOTE Maritime Alaska as Chief Operating Officer in August 2013, bringing 28 years of experience in the shipping and logistics field. As COO, he has been responsible for creating strategic and operating plans for sales, pricing and operations. Noone received his bachelor’s degree from Wagner College and is certified by some of the nation’s top executive programs in Logistics…
Foss Maritime Names Parrott COO
Foss Maritime announced that John Parrott will join the Foss executive team as Chief Operating Officer (COO). Parrott comes to Foss from sister company, TOTE Maritime Alaska, where he has served as President for sixteen years. In his new role as Foss' COO, Parrott will be responsible for overseeing key operating divisions, developing and delivering on strategic plans, and optimizing day-to-day operations through implementation of best practices throughout the organization.
Iron Ore Shipments to China from Port Hedland Rise in November
Monthly iron ore shipments to China through Australia's Port Hedland rose 3 percent in November amid a sharp weakening in prices for the raw material used in steel production…
Six More Bodies Found After Azeri Oil Platform Fire
The bodies of six oil workers missing from an Azeri oil platform in the Caspian Sea that caught fire on Friday have been found, the state energy company SOCAR said on Monday.
Subsea 7 Wins North Sea Decommissioning Work
Subsea 7 will provide decommissioning services for the second phase of Centrica’s Rose and Stamford gas field decommissioning programs, located in the southern North Sea.
US Lifts Trade Restrictions on Myanmar Shipping Hubs for 6 Months
The United States is temporarily easing trade restrictions on Myanmar by allowing all shipments to go through its ports and airports for six months, an effort to…
Ingalls Secures Advance Procurement Contract for LPD 28
Huntington Ingalls Industries (HII) announced last week that its Ingalls Shipbuilding division has received a $200 million, cost-plus-fixed-fee advance procurement contract from the U.S. Navy for LPD 28, the 12th amphibious transport dock of the San Antonio (LPD 17) class. The funds will be used to purchase long-lead-time material and major equipment, including main engines, diesel generators, deck equipment, shafting, propellers, valves and other long-lead systems.
Royston Diesel Power Wins UK Support
UK-based Royston Diesel Power has secured funding support from Innovate UK, the UK’s innovation agency, for its flagship $2.2 million Managing Energy on Marine Vessels technology program. The program aims to develop a new system for whole-vessel energy monitoring and usage, ensuring on board systems are operating at optimum performance and within environmental best practice. The project is being conducted…
Great Lakes Limestone Trade Climbs in November
Shipments of limestone on the Great Lakes totaled 3 million tons in November, an increase of nearly 11 percent compared to a year ago, according to the Lakes Carriers’ Association (LCA).
Panama Canal Sill Reinforcement to Complete in January
The Panama Canal Authority (ACP) said it has received word from Grupo Unidos por el Canal, S.A. (GUPC), the main contractor for the design and construction of the Third Set of Locks project…
Swedish Club Maintains 'Balanced Approach'
The Swedish Club has announced a zero percent General Increase for 2016, in a move which supports the continued balanced approach adopted by the Club considering…
Shell Building LNG Bunker Vessel
Shell last week confirmed its plans to build a specialized LNG bunker vessel to deliver to LNG-fuelled vessels in northwest Europe. The new vessel will be based at the port of Rotterdam in the Netherlands, and will load from the new LNG break bulk terminal and jetty to be constructed by the Gas Access to Europe (Gate) terminal. It will also be seagoing and, therefore, able to bunker customers at other locations.
DuPont Scrubber Systems Ordered for Bulker Newbuilds
Jiangsu Hantong Shipyard Heavy Industry Co. Ltd. has awarded a contract to DuPont Sustainable Solutions for the supply of its DuPont Marine Scrubber systems for two new-build, self-unloading bulk carriers. The scrubber systems were developed by Belco Technologies Corporation (BELCO), a DuPont subsidiary. Vulica Shipping Co., a wholly owned subsidiary of U.S.-based Vulcan Materials, owns the carriers, which will operate throughout the Gulf of Mexico.
