US Crude Falls as Market Braces for More Iranian Oil
U.S. crude oil futures fell in early Asian trade, heading lower after posting the first significant gains for 2016 in the previous session, as the prospect of additional…
Online Retailer Amazon Expands into Ocean Shipping
Amazon.com Inc's China arm has registered as an ocean freight forwarder, according to the U.S. Federal Maritime Commission, a move that will give it more control…
Shipping Unscathed as China Flights Raise South China Sea Tension
China's growing military presence in the South China Sea has drawn warnings from the United States that Beijing is seeking to exert control over one of the world's most important sea lanes…
NAMEPA to Host ‘Pathways to Sustainability’
North American Marine Environment Protection Association (NAMEPA) will hold its Environmental Intelligence in Shipping Conference on “Pathways to Sustainability” on Februar 5…
Franman to Promote Tuco’s ProZero Boats
The Greece based agent Franman SA, has been appointed exclusive representative for TUCO Marine’s ProZero vessel line in Greece, Cyprus and Egypt, where Franman SA will be promoting the ProZero line of patrol boats, interceptors and workboats. Tuco Marine has recently appointed the Greek based agent, Franman SA, to be exclusive representative for the ProZero boats Series in Greece, Cyprus and Egypt.
Report Maps North Sea Wind Regulations
A new report maps the regulations and industry standards applicable to maritime operations in the offshore wind sector of Denmark, the U.K., Germany and the Netherlands. The report, which was drawn p by DNV GL for the Danish Maritime Authority (DMA), focuses on the need to harmonize the regulations of the offshore wind industry. Harmonized regulations in the maritime area could contribute to the competitiveness of shipowners and eliminate any unnecessary administrative burdens.
Carnival Corp. Appoints Chairman in China
Carnival Corporation & plc today announced that Roger Chen has been appointed chairman in China, effective January 1, 2016. A native of China, Chen will be based in Shanghai and lead all government relations and port development, while also supporting the company’s joint ventures in China. In this new role, Chen will have responsibility for representing all of Carnival Corporation’s brands in China to continue growing the company’s presence and scale in the region.
GE LM6000PG Marine Module Package Certified
GE Marine and GE Oil & Gas announced that the marine module package design for its LM6000PG aeroderivative gas turbine has been certified by Lloyd’s Register and RINA Services (RINA). The test where the LM6000PG module effortlessly achieved 42 megawatts (MW) was conducted at the GE Oil & Gas facility in Massa, Italy. GE expects the actual Lloyd’s Register and RINA certification documents to be in hand by spring 2016.
Diana Secures Time Charter with Transgrain
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Transgrain Shipping B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Nirefs, a 75,311 dwt Panamax dry bulk vessel built in 2001. The gross charter rate is $4,600 per day, minus a 5 percent commission paid to third parties…
How to Tackle Container Weight Verification
With the July 1 implementation of the new SOLAS container verified gross mass (VGM) regulations fast approaching, Strainstall, part of James Fisher and Sons plc…
Rolls-Royce to Power Oman Police Vessels
Rolls-Royce informs it has signed a contract with Finnish company Marine Alutech Oy Ab to provide 28 Waterjets for 14 Watercat K13 Fast Intercept Craft (FIC) ordered by the Royal Oman Police. The boats will be built at the Marine Alutech Yard in Finland and are due to be delivered by the end of 2017. The Watercat K13, which has a wide range of operating characteristics but is especially suitable for patrolling…
House Votes to Sink WOTUS Rule
The U.S. House of Representatives voted 253-166 Wednesday to eliminate a recent Obama Administration rule that gives the federal government new authority to regulate virtually all waters or wet areas in the United States. The House approved S. J. Res 22, a resolution of congressional disapproval that vacates the Administration’s rule, published on June 29, 2015, to broaden the definition under federal…
UASC's 18,000 TEU Al Zubara Transits Suez Canal
United Arab Shipping Company (UASC) and Ahli United Bank, Egypt marked the passing of 18,800 TEU Vessel M.V. Al Zubara ultra-large container vessel through the new Suez Canal this week. The event is one of the first in a series of activities being organized by UASC to celebrate 40 years in business and was attended by senior dignitaries and officials including Dr. Khaled Fahmy, Minister of Environment (Egypt)…
Baltic Index Slides Further as Demand Woes Continue
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, touched a record low for the eighth straight session on Thursday…
Detained US Sailors Depart Iran Safely
The 10 U.S. Navy sailors briefly detained in Iran have safely returned to U.S. custody. There are no indications that the sailors were harmed during their overnight detention, the U.S. Navy said in a statement. The sailors departed Farsi Island at 8:43 a.m. (GMT) Wednesday, aboard the two Riverine Command Boats (RCB) that they had been operating when they lost contact with the U.S. Navy. The sailors were later transferred ashore by U.S.
Vattenfall: Subsidy-free Offshore Wind by 2025
Sweden's Vattenfall expects to be able to build offshore wind power projects, one of the most expensive sources of renewable energy, without subsidies by the middle of the next decade…
Hapag-Lloyd: Better Service between Med, Black Sea
From mid-February, Hapag-Lloyd will introduce a new Black Sea Mediterranean Express (BMX) service. The new short sea service offers customers a weekly connection between ports in Egypt…
ClassNK: Guidelines for Use of Structural Adhesives
PRESS RELEASE -- ClassNK has released its Guidelines for Use of Structural Adhesives for the shipbuilding industry. Compared with other joining methods such as welding…
Two Incat Crowther Catamaran Ferries for Auckland
Incat Crowther reports that construction has commenced at Q-West in Wanganui, New Zealand, on a pair of additional 34m catamaran passenger ferries for Fullers Group Ltd.
Statoil Acquires Minority Stakes in Lundin Petroleum
Statoil ASA has acquired 37,101, 561 shares in Lundin Petroleum AB (publ.), corresponding to 11.93 percent of the shares and votes, at a total purchase price of approximately SEK 4.6 billion.
