European Shippers' Council Calls on Competition Authorities to Cooperate
It also has called for greater data monitoring by national competition authorities following recent announcements regarding shipping line collaborations which, it claims…
U.S. Ports Congestion All-time High, Shippers Seeks Action
The American Association of Exporters and Importers (AAEI) and the European Shippers’ Council (ESC) call upon all parties involved to reach an agreement as soon…
Hamburg Buy Out Chilean Shipper
German liner company Hamburg Sud said it expects to seal the acquisition of the container shipping operations of Chilean shipping group Compania Chilena de Navegacion…
Hubline Exits Container Shipping Business
The company cited overcapacity in the market and difficult economic operating conditions as the main drivers behind the decision. While, shipping remains the main activity of the group…
Indian Shipping Policy Waiting for Final Nod
The shipping ministry of India had circulated a draft policy note seeking comments from various ministries ahead of its submission to the cabinet. And, without the views of the finance ministry…
Construction Vessel Delivered to Eidesvik Offshore
Eidesvik Offshore has taken delivery of Viking Neptun, an offshore construction vessel from Kleven Verft AS. According to Eidesvik Offshore, TBN Viking Neptun is represents its largest ever investment in the subsea segment. A long-term loan facility of $124 million has been drawn with Nordea and Eksportkreditt Norway/GIEK to finance the vessel. The vessel, equipped with Reach ROVs and manned by Eidesvik marine personnel and Reach ROV personnel and engineers…
Transportation Sec., Maritime Administrator, VP Biden Visit Charleston Port
U.S. Transportation Secretary Anthony Foxx was joined by Vice President Joe Biden, and Maritime Administrator Chip Jaenichen at the Wando Welch Terminal Project in Charleston as part of the secretary’s four-day, five state GROW AMERICA Express bus tour aimed at encouraging Congress to act on a long-term transportation bill. Current surface transportation funding is set to expire on May 31st. “The infrastructure we’re helping to build here at the Wando Welch Terminal means a safer…
Maersk Drilling Names Third XLE Jack-up Rig
Maersk Drilling’s third XL Enhanced ultra harsh environment jack-up was named Maersk Integrator by Statoil’s Executive Vice President Margareth Øvrum at a ceremony held at the Keppel FELS shipyard in Singapore Saturday morning. Maersk Integrator is the third in a series of four ultra harsh environment jack-up rigs to enter Maersk Drilling’s rig fleet. The four jack-up rigs represent a total investment of $2.6 billion.
Irving Shipyard Offers College, Job Opportunities for Women
Irving Shipbuilding has partnered with Women Unlimited to provide education funding and job opportunities to 20 women who will participate in the welding and metal fabrication program at the Nova Scotia Community College (NSCC) Akerley Campus. The partnership is an outcome of Irving Shipbuilding's Centre of Excellence funding announced in October 2012. The mandate of the Centre of Excellence is to provide Nova Scotians…
SC Ports Record 18% Container Volume Increase
The SC Ports Authority handled 152,917 twenty-foot equivalent units, or TEUs, in January, marking an 18 percent boost in container volumes over the same month last year. January container traffic pushed fiscal year to date TEU volumes past the 1 million mark, with 1,072,438 TEUs moved since the period began in July. Fiscal year to date, TEU volumes are up 14 percent year over year. As measured in pier containers, SCPA moved 88,619 boxes in January.
DOF Sells Five Ships in Brazil
DOF’s subsidiary Norskan Offshore in Rio de Janeiro, Brazil, has entered an agreement to sell five ships operating in Brazil. The ships included in the agreement are Skandi Copacabana, UT 722 L, built 2005; Skandi Leblon, UT 755 L, built 2004; Skandi Flamengo, UT 755 L, built 2003; Skandi Yare, UT 755, built 2001 and Skandi Stolmen, UT 755, built 1997. The buyers are companies owned by a Brazilian Private Equity Fund managed by Mantiq Investimentos and Mare Investimentos…
Carnival's $85M DR Facility to Begin Receiving Guests in October
Carnival Corporation today announced it will begin welcoming guests at its new $85 million Amber Cove port in the Dominican Republic beginning in October 2015. The facility, which represents the largest cruise industry investment ever made in the Dominican Republic, is expected to host more than 250,000 passengers in its first year of operation. The port facility will allow cruise ships to make stops along the Dominican Republic's Amber Coast…
Thibodeaux Named President of Fugro Chance
Offshore survey company Fugro Chance Inc. has appointed Blaine Thibodeaux to president. His responsibilities include Fugro’s Gulf of Mexico and Arctic offshore operations, including marine positioning, offshore construction and subsea projects, and international services. Having begun his career with Fugro’s IT group in 1996, Thibodeaux joined John Chance Land Surveys (a Fugro company) in 1997. As a Division Manager…
Japanese Student Overboard in the Pacific
U.S. Coast Guard (USCG) search operations continue for a student reported overboard from a Japanese training vessel approximately 70 miles southwest of Kauai, Tuesday.
The Quest to Fund Inland Waterways
Infrastructure Projects: Perhaps Not So Quixotic After All? Over the course of 2014, significant steps forward were taken in the quest to find additional sources of funding for inland waterways infrastructure projects. First came the long awaited and much-celebrated Water Resources, Reform and Development Act of 2014 (WRRDA) in June, which included several provisions to address the funding needs of the ever-worsening condition of the inland waterways infrastructure.
Danelec Marine Expands in Latin America
Voyage Data Recorder (VDR) supplier Danelec Marine today announced it is adding two new distributors in Brazil and Mexico to expand its distribution in Latin America.
Insights: Rear Admiral Paul F. Thomas
Rear Admiral Paul Thomas is the Assistant Commandant for Prevention Policy overseeing three Coast Guard directorates: Inspections and Compliance, Marine Transportation Systems, and Commercial Regulations and Standards. The programs include waterways management, navigation and boating safety, ports and facilities, merchant mariner credentialing, vessel documentation, marine casualty investigation, commercial vessel inspections, and port state control.
Editor's Note: Energy Market's Double-edged Sword
At the risk of dredging up (bad) memories, I find myself harkening back to 1985 when, as a young mariner, I lived in Houston, Texas. As the situation in the oil patch worsened…
Danelec Expands Latin America Distribution
Danelec Marine has added two new distributors in Brazil and Mexico to expand its distribution of in Latin America. Telnav Telecomuniçacões Navais, in Rio de Janeiro, Brazil, and Indumar, based in Veracruz, Mexico, will take responsibility for sales and service of Danelec Marine’s suite of products, including VDRs, Simplified Voyage Data Recorders (S-VDRs) and Electronic Chart Display and Information Systems.
Port Canaveral Launches New Website
Port Canaveral launched a new website this week at www.portcanaveral.com, the Canaveral Port Authority announced today. “Our goal across all business lines is to provide the best experience possible and this upgrade to our website helps us achieve that goal because our website often is the first contact the public has with us,” said Port Canaveral CEO John E. Walsh. “The changes we have made to our website better serve our customers, visitors, and the community.