Boston Harbor Dredging Project to get Underway
The Massachusetts Port Authority (Massport) Board today voted to approve to execute a Project Partnering Agreement with the U.S. Army Corps of Engineers (ACOE) and…
Hanjin Shipping Rely on Assets Sale
As part of its plans to ramp up debt restructuring and struggle to stay afloat amid the tides of trouble, the Korean shipping line Hanjin Shipping is looking at selling assets…
The Big Risks for Shipping in 2016
With the threats facing shipping become ever more complex and diverse, Dryad Maritime's COO, Ian Millen speaks to CSO Alliance, a global digital network dedicated…
Piracy Drives Toward Southeast Asia
Dryad Maritime's COO, Ian Millen says that when looking at the volume of maritime crime and piracy events, the numbers drive you toward Southeast Asia. With a 10% rise in 2015 incidents…
Philippines Releases North Korean Ship
Reuter reports that the Philippines has released a North Korean freighter it had seized. The North Korean freighter was covered by harsher United Nations' sanctions…
RINA Services Classifies the First Ships in Iran
RINA Services and the Asian Classification Society (ACS) recently classified the first two general cargo ships at 15,000 GT owned by IRISL, a major shipping company in Iran.
Shipping Morale Suffers: Moore Stephens
Overall confidence levels in the shipping industry fell to a record low in the three months to February 2016, according to the latest Shipping Confidence Survey…
VLCC Segment Shows Modest Growth
In the Very Large Crude Carriers (VLCC) segment, which showed modest growth in overall volume from 2014 to 2015, the main changes were concentrated in the eastern hemisphere…
US, Canadian Coast Guards Leaders Discuss Partnership
Rear Adm. June E. Ryan, commander of the U.S. Coast Guard Ninth District, was welcomed aboard the Canadian Coast Guard Ship Samuel Risley by Assistant Commissioner Julie Gascon and Captain Signe Gotfredsen of the Canadian Coast Guard, Central and Arctic Region Monday. After a relatively mild winter on the Great Lakes escorting ships through ice and preventing ice jams, the Samuel Risley was upbound through the Soo Locks and the St.
Crowley Awards Scholarships to Four SUNY Maritime Cadets
Crowley Maritime Corporation’s 2016 Thomas B. Crowley Sr. Memorial Scholarships have helped to further educational opportunities for four students of State University of New York (SUNY) Maritime College. The recipients, who will each sail with Crowley this summer, were chosen based on their demonstrated leadership skills, financial need and plans to pursue a career in the towing or petroleum shipping industries after graduation.
BOEM Approves Virginia’s Offshore Wind Research
The Bureau of Ocean Energy Management (BOEM) announced its approval of the first wind energy Research Activities Plan (RAP) for a facility to be located in U.S.
US Drillers Cut Rigs for 14th Week in a Row
U.S. energy firms this week cut oil and natural gas rigs for a 14th week in a row to the lowest level since at least 1940, data showed on Thursday, as energy firms…
EPA Proposes Ban on Sewage Dumping in St. Lawrence River
The U.S. Environmental Protection Agency (EPA) has determined that a “no discharge zone” can be established for the New York State portion of the St. Lawrence River.
This Day In Naval History: March 24
1898 - The battleship USS Kentucky (BB 6) is launched in Newport News, Va. 1903 - Adm. George Dewey is commissioned Admiral of the Navy, the only person to hold this rank. Upon his death Jan. 16, 1917, Congress deactivates the rank. 1919 - The battleship USS Idaho (BB 42) is commissioned. Idaho serves with the Pacific fleet, participating in gunfire support of the Aleutian, Marianas, Iwo Jima, and Okinawa Campaigns, and is in Tokyo Bay Sept. 2, 1945 when Japan formally surrenders.
US Helps Micronesia Boost Port Security
A U.S. Coast Guard International Port Security team in cooperation with officials from the Federated States of Micronesia’s Department of Transportation, Communication and Infrastructure completed three days of port facility security seminars in March. The engagement involved sharing best practices for conducting drills and exercises and to observe the implementation of the International Ship and Port Facility Security Code at Kosrae Okat Commercial Dock port facility in the Port of Kosrae.
GMS Launches Korean Operation
GMS, a cash buyer of ships and offshore structures, has launched a new operation in Korea. The office will be headed by Gyungbae Gil, a trader who was based in Dubai.
Trafigura Clinches $5.1 Bln Loan as Trading Grows
Swiss commodities trader Trafigura has signed a $5.1 billion European revolving credit facility aimed at financing its growing operations. Trafigura, which reported…
Repair Job Completed at Durban Dry Dock
The 35-meter-long, 900-ton outer caisson at the Port of Durban’s Prince Edward Graving Dock has now been commissioned after being refurbished at a cost of R30 million. This was the third and final phase of Transnet National Ports Authority’s (TNPA) comprehensive repair program on the structure which was deemed unsafe and in need of repair. Work involved structural repairs to the first of two steel…
USCG Sees Rise of Electrical Deficiencies on Commercial Vessels
Due to an increase in reported electrical deficiencies on commercial vessels, the Coast Guard is warning commercial vessel owners to inspect their vessels' wiring before getting underway in the spring. Coast Guard marine inspectors have discovered that a number of vessels have significant electrical deficiencies that can pose safety hazards and cause marine-engine causalities, and inspectors will spend additional time during inspections examining electrical systems as a result.
Selektope Shortlisted for Marine Engineering Award
Gothenburg-based I-Tech’s Selektope antifouling system has been shortlisted in the Environmental Performance category by the judging panel for the European Marine Engineering Awards.