NZ Manufacturer Bags Anchor Supply Deal
New Zealand maritime manufacturer Coppins Para Sea Anchors has secured a multimillion-dollar contract to supply anchors to a Norwegian salvage company. The family…
Russian Spy Ship in Havana on Eve of US-Cuba Talks
A Russian intelligence warship Viktor Leonov CCB-175 docked in Havana on Tuesday, January 20, a day before the start of historic US-Cuba talks aimed at normalizing diplomatic relations, reports AFP.
BP Remains Singapore's Top Marine Fuel Supplier
BP Singapore kept its spot as a top marine fuel supplier by volume for the eleventh straight year in 2014 at the world's biggest bunkering port, the Maritime Port Authority of Singapore (MPA) said.
Oil Drop Won't Stop China in South China Sea
South China Sea spats are a territorial fight and not about the oil, points out a report appeared in Bloomberg. "When it comes to territorial tensions in the South China Sea…
CSCL and MCC to Start Myanmar Service
Eyeing strong growth in China-Myanmar trade, State-owned China Shipping Container Lines (CSCL) and MCC Transport, a subsidiary of AP Moeller-Maersk Group, plan to…
AIS Marks Hazardous Reefs Following Oil Spills
Vesper Marine has been awarded the contract to provide Virtual Automatic Identification System (AIS) Beacons to mark seven reefs hazardous to shipping in the Bay of Plenty, as well as provide a coastal monitoring capability. The beacons will alert ships’ crews and the local government’s Regional Council that a vessel is heading towards a charted danger or entering the no-go zone around each hazard.
Florida DEP Approves Port St. Joe Dredging
The Port St. Joe Port Authority has been issued a permit by the Florida Department of Environmental Protection to allow for the dredging of the port’s navigational…
Ingalls Starts Fabrication on NSC Kimball
Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division has officially started fabrication on the U.S. Coast Guard's seventh National Security Cutter (NSC), Kimball (WMSL 756). "We continue to increase our learning on this shipbuilding program, fully capturing the affordable benefits of serial production," said Ingalls' NSC program manager, Jim French. "While the official start fab requires 100 tons of steel to be cut for this ship…
Lougheed Joins Willard’s Engineering Team
Willard Marine, Inc. has appointed Mark Lougheed to its engineering team. Lougheed brings more than 25 years of experience in naval engineering and project management to Willard Marine. Lougheed was most recently at Coast Dynamics Group as an Engineering Project Leader developing technology for SHOXS Seats. He was also the Senior Research and Development Engineer at Zodiac Hurricane Technologies, a division of Zodiac MilPro in Canada…
BP Asks for Lower Fine in Gulf Spill Trial
BP Plc, citing low oil prices, tried to whittle away at $13.7 billion in potential fines under the Clean Water Act on Tuesday as the penalty phase started in its…
CMA CGM Adds New Orleans to Weekly Service
Shippers will soon have new direct weekly options to Europe from the Port of New Orleans. CMA CGM, the world’s third-largest container carrier, will add the Port of New Orleans to its Victory Bridge Service. The service is scheduled to launch February 2 with the arrival of the CMA CGM Jamaica at the port’s Napoleon Avenue Container Terminal. “We are thrilled to have France-based CMA CGM add the Port of New Orleans to their Victory Bridge Service,” said Port President and CEO Gary LaGrange.
Cargo of UK Rapeseed to Ship to Turkey
A cargo of 25,000 tonnes of British rapeseed will be shipped to Turkey next month, farmer-owned grain merchant Openfield said on Tuesday. Openfield said it would…
W&O Opposes McCain Amendment
W&O announced its opposition to the McCain Amendment (amendment #2) to S.1, which it said would cripple the U.S. shipbuilding industry by striking the U.S. build requirement provisions of the Jones Act. “The amendment Senator John McCain has put forth would devastate W&O’s business and others operating in the maritime industry. The ripple effect of this legislation would also impact companies and individuals outside our industry…
UNDP and IMO Chiefs Meet
United Nations Development Program (UNDP) Administrator Helen Clark met International Maritime Organization (IMO) Secretary-General Koji Sekimizu at IMO Headquarters on January 20, where the two highlighted common commitment to sustainable development and discussed the important role of maritime transportation in building the economies of developing countries. The leaders noted the two multimillion…
Salvors Reduce Hoegh Osaka’s List
Salvage work continues at the site of car carrier Hoegh Osaka, the U.K. Maritime and Coastguard Agency (MCA) said, reporting that salvors have reduced the vessel’s list from its original 52 degrees to 39 degrees on the evening of Monday, January 19. Operations to remove clean water from the vessel’s lower car decks continue as the weather on scene remains favorable, MCA said. The vessel will stay at Aplha Anchorage until the list has been reduced to around 15 degrees…
Fishing Vessel Sinks Off Alaska
U.S. Coast Guard Sector Juneau personnel are responded to the sinking of the 80-foot fishing vessel Eyak approximately 13 miles south of Sitka Harbor, Monday. Sector…
Slow Economy Growth Offers No Respite for Shipping
A limited economic growth potential and a slow recovery pace of the global economy only ease the pain in the global shipping industry somewhat, BIMCO reported, adding that while the industry continues to suffer from oversupply in the freight market, the IMF now projects the demand side to be even less accommodative than previously assessed. In the just released January World Economic Outlook update…
Innovative Financing Increases Infrastructure Unvestment
Last July, President Obama announced the Build America Investment Initiative, an Administration-wide effort aimed at boosting private investment in our nation’s infrastructure. And Friday, Vice President Biden announced new steps that federal agencies are taking to bring private sector capital and expertise to bear on improving our nation’s roads, bridges and broadband networks. These actions and announcements…
The Deepwater Sector's Perfect Storm
The drop in oil/gas prices and ongoing implosion in Petrobras have combined to create a perfect storm in the deepwater sector. More than 170 projects involving oil production floaters and 35 floating liquefaction projects are in the planning stage. But oil company capital budgets are being trimmed to offset the downturn in revenue and investment decisions are being deferred until oil pricing rebounds…
GTT, Conrad Shipyard Ink Deal for LNG Barges and Bunker Tanks
Gaztransport & Technigaz (GTT) announced that its U.S. subsidiary, GTT North America, has signed a Technical Assistance and License Agreement (TALA) with U.S. shipbuilder…
