Mombasa Port Traffic up 7.5% in 2015
Container traffic through Kenya's biggest port grew by 7.5 percent in 2015 after new cargo-handling infrastructure was built, shortening the turnaround time for ships, port management said on Tuesday.
Disabled Fishing Vessel Towed to Montauk
U.S. Coast Guard crewmembers assisted in towing a 58-foot commercial fishing vessel after it became disabled Saturday about 50 nautical miles south of Shinnecock Inlet. Watchstanders at Sector Long Island Sound command center received notification at approximately 7 p.m. Saturday night that the fishing vessel Bookie was disabled and adrift with four mariners aboard. The vessel became disabled due to an engine casualty but still had power via an on-board generator.
Rotterdam Mayor to Renew Logistics MOU
Rotterdam Mayor Ahmed Aboutaleb will take the 550th anniversary of the Rotterdam philosopher Erasmus’s birth as an occasion to visit Basel. During the Mayor’s visit Rotterdam will renew its existing Memorandum of Understanding (MOU) with the Swiss city. The municipal representatives will be joined by a large delegation from the Rotterdam port. Erasmus lived in Rotterdam and Basel and died in the latter city in 1536.
Baltic Index Rises Slightly
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose further on Tuesday, propelled by higher rates for panamaxes and smaller vessels.
Offshore Supply Ship Market Set for Consolidation
A glut of offshore supply vessels and falling demand from oil firms will trigger a restructuring of the still-fragmented industry, two of the largest owners of the specialty ships told Reuters on Tuesday. With crude prices down more than 70 percent since mid-2014, energy firms have sharply cut their exploration spending, leaving a rising number of vessels to be mothballed. Norwegian supply vessel owners Farstad Shipping and Havila Shipping both said they expect to see mergers take place…
Offshore Brazil: Production Starts at FPSO Unit
In February, a second floating production, storage, and offloading (FPSO)* unit deployed by NYK for the BM-S-11 consortium through a joint venture company started…
Elcome to Showcase Latest Technology at Dubai Boat Show
Elcome International, the leading marine solutions provider and system integrator in the Middle East and one of the largest marine technology companies in the world…
Kapellskär Port Volume Up
The positive trend of increasing freight volumes has continued and during 2015 six percent more freight was transported via the Port of Kapellskär than in 2014.
Loch Ness Monster: Incat Crowther Joins the Search
Incat Crowther has entered into a contract to design a 20m catamaran passenger ferry to ply the waters of Loch Ness in Scotland, taking tourists in search of Nessie, the lake’s the famous monster.
14,000 TEU Ship Enters NYK Fleet
On February 22, a new, advanced 14,000-TEU containership entered the NYK fleet after being delivered at the Kure shipyard of Japan Marine United Corporation (head office: Tokyo…
NYK Wins Environmental Communication Award
The 2015 NYK Report has been honored with an award for excellence in the environmental reporting category at the 19th Environmental Communication Awards, which are…
CMA CGM, GAC Ink Agency, Service Deal
The Scandinavian arm of the world’s third largest container shipping company CMA CGM has signed an agency, husbandry and NOx reporting agreement with GAC Norway…
Maiden Voyage for China's First Self-Propelled Floating Dock
China's first self-propelled floating dock Huachuan I began its inaugural sailing recently, which opens a new era, the official People's Liberation Army Daily said. With it, large ships can be repaired at sea instead of only on the shore. It can meet repair demand of all Chinese main battle ships except aircraft carrier. The Huachuan No. 1, would enable the navy to return damaged ships to fighting capability "in very rapid time" and was designed to be sent into combat zones.
Report Calls for Shipping Liners to Consolidate
The need of the hour is consolidation of container ship lines order to regain profitability and to overcome financial struggles, consulting firm AlixPartners says in a new report.
UASC Rolls out Indian Service
United Arab Shipping Company (UASC) has launched a new Indian Subcontinent Mediterranean Express Service (IMEX) on 26 February, offering coverage from the Arabian Gulf…
Overcapacity Catches Box Ship Industry in Undertow
All signs point to a continuation of struggling theme for containerized-ocean-freight industry into 2016 and beyond, warns a study by AlixPartners. The containerized…
RSGT Mulls Expansion, Celebrates the Arrival of Al-Nefud
United Arab Shipping Company (UASC) and Red Sea Gateway Terminal (RSGT) celebrated the world’s greenest ultra-large container vessel 18,800TEU M.V. Al Nefud during…
BIMCO: Recommended Amendments To Bunker Contracts
As widely reported in the maritime press, the United Kingdom's Supreme Court has granted an expedited hearing to Product Shipping & Trading's case against the collapsed OW Bunker (the Res Cogitans). The hearing will take place on 22 March in London and will deliver the final English law verdict on whether many hundreds of shipowners should pay OW Bunker's assignee ING Bank or pay the physical suppliers.
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