Knightsbridge, Golden Ocean Merger Completed
Knightsbridge Shipping Limited has completed its previously announced merger with Golden Ocean Group Limited. In connection with the closing of the merger, Knightsbridge…
GasLog Acquires 2 BG Carriers
GasLog Ltd. completed the acquisition of two LNG carriers from Methane Services Limited, a subsidiary of BG Group plc, which was previously announced on December 22, 2014.
Radio Holland Wins Ahrenkiel Contract
Ahrenkiel Steamship GmbH & Co. KG and Radio Holland Germany GmbH, part of Imtech Marine, have agreed a long-term maintenance agreement for the entire Ahrenkiel Steamship fleet…
Seaspan Acquires 7th SAVER Boxship
Seaspan Corporation announced today that it accepted delivery of a 10000 TEU containership, the MOL Beacon. The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co.…
Power Cut in Turkey Disrupts Port Operations
Port operations in Turkey are facing disruption as a result of a massive power cut that has hit dozens of provinces across the country today (Tuesday 31 March).
OOCL Orders Six Ultra-Large Container Ships
Orient Overseas (International) Ltd. has placed a new order for six mega 20,000 teu container ships from South Korean shipbuilder Samsung Heavy Industries Co. for US$951.6 million.
China's Artificial Islands in South China Sea Raises U.S. Concerns
China has been building artificial islands on reefs in the many disputed areas around the South China Sea. The unprecedented land reclamation currently being conducted…
Wan Hai Profits Up
Asian container operator Wan Hai Lines Ltd sees 2014 profit jump as revenue grows faster than costs. The Taiwanese container carrier recorded a profit of TWD5.32 billion (USD170 million) for 2014…
EU Takes Tough Stance on Ship Scrapping in South Asia
The EU is set to ban owners from scrapping ships on South Asian beaches, according to news report in Reuters. The new rules will require that EU-registered ships…
DP World to Develop Maldives Ports
Dubai-based port operator DP World has signed an agreement with the Maldivian government to develop the archipelago’s ports and logistics industry. Maldives' tourism minister…
Going Nuclear in Indian Ocean
As India, Pakistan and perhaps China develop their naval nuclear forces, they will enter increasingly murky waters, says a report published in the National Interest.
Costa Concordia Used For Mafia Drug Smuggling
The doomed Costa Concordia was carrying a huge shipment of Mafia-owned cocaine when it set off on its final voyage, AP reports quoting investigators who have collected evidence.
US to Test 'Submarine' Drone That Can Launch from Ocean Floor
USA’s Defense Advanced Research Projects Agency (DARPA) is testing a drone that can hibernate on the ocean floor for years at a time before being launched to the…
World's Largest Ship: Pioneering Spirit Awaits Completion
Final construction aboard the world’s largest vessel, Pioneering Spirit (formerly named Pieter Schelte), is wrapping up in the Port of Rotterdam before the vessel can be commissioned off Norway this summer. Built primarily at DSME’s Okpo Shipyard in South Korea, Allseas’ installation/decommissioning and pipelay vessel Pioneering Spirit was inaugurated with a ceremony in Rotterdam in February 2015.
Shipping Confidence Hits 2.5 Year Low
Overall confidence levels in the shipping industry fell to their lowest level for two-and-a-half years in February 2015, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. Respondents to the survey identified overtonnaging as the biggest factor behind the fall in confidence, but also expressed concern about the effect on the industry cause by lower oil prices and the growth of investment by financiers from outside shipping.
WaPo: Two German CEOs Launching Own Mediterranean Rescue
The Washington Post has a story today about two German men who are launching their own rescue mission to save migrants crossing the Mediterranean. Harald Höppner and Matthias Kuhnt are two CEOs of a mid-size company in eastern Germany. According to the Post, the two have invested $162,000 since October into a 21-meter vessel that they are going to use to conduct a three-month mission patrolling the area between Libya and Italy…
U.S. DoI Upholds 2008 Shell Arctic Lease
The U.S. Interior Department on Tuesday upheld a 2008 lease sale in the Chukchi Sea off Alaska, moving Royal Dutch Shell a step closer to returning to oil and gas exploration in the Arctic since it suffered mishaps in the region in 2012. "The Arctic is an important component of the Administration's national energy strategy, and we remain committed to taking a thoughtful and balanced approach to oil and gas leasing and exploration offshore Alaska," said Interior Secretary Sally Jewell.
All American Marine Delivers Ferry to Seattle
All American Marine, Inc. (AAM) today announced the delivery of a new passenger ferry that will serve the city of Seattle. The vessel, MV Sally Fox, was dedicated at a ceremony on Vashon Island on Saturday. The Sally Fox is the first of two new ferries ordered by King County’s Marine Division as replacement vessels for their scheduled water taxi service. All American Marine was awarded the contract and issued the Notice to Proceed for the identical vessels at the start of 2014.
Port St. John to Install KleinPort System
Klein Systems Group Ltd. announced today that it has entered into an agreement to install the KleinPort Port Management Information System at Port Saint John, New Brunswick. The Port will be using KleinPort to manage and track its operational activities and cargo data, invoice for services and perform in depth data analysis and reporting. “Port Saint John saw a clear need for a new Port Management Information System to address the needs of the Port and its stakeholders…
H2O’s Owens CrapZapper Offers More
H2O’s Owens CrapZapper marine sanitation device has dual certification to the latest IMO and USCG standards for operation anywhere in the world. Features include low maintenance, compact footprint, patented floating skimmer ensures optimum discharge water clarity, and corrosion proof operation in optional 316L Stainless Steel. H2O is a leading provider of potable water solutions, as well as comprehensive water safety products, services and rentals.
