Great Lakes-Seaway Shipping Rebounds in August
Great Lakes-St. Lawrence Seaway shipping rebounded in August due to a surge in U.S. grain exports, iron ore shipment improvements and a steady flow of raw materials for manufacturing and construction. “We’ve seen a real rally in August. St. Lawrence Seaway cargo shipments were up 8 percent compared to the same month last year,” said Stephen Brooks, President of the Chamber of Marine Commerce. “U.S. grain exports now match last season’s strong performance.
RH Marine Launches Rhodium Product Line
System integrator and innovator of electrical and automation systems RH Marine has officially launched its own product family brand at the international maritime trade fair SMM in Hamburg last week. RH Marine said product innovation is one of its main focusses. During the years this has resulted in multiple quality brands such as UniMacs integrated bridge and FT NavVision. To provide a clear overview of the RH Marine product portfolio…
BMT, Maersk Partner for Online Vessel Inspection
BMT Group subsidiary BMT Surveys has partnered with Maersk to develop an online Marine Application for survey, Trend Evaluation and reporting (MATE) platform, which provides real-time data on the condition of vessels and changes in that condition over time. As part of Maersk’s inspection program, BMT carries out more than 100 vessel inspections a year providing a vessel scoring system on areas including: cargo care…
This Day In Naval History: September 15
1942 - USS Wasp (CV 7) is torpedoed by a Japanese submarine while operating in the Southwestern Pacific in support of forces on Guadalcanal. USS O'Brien (DD 415) and USS North Carolina (BB 55) are also struck by torpedoes from the same submarine. 1943 - USS Saufley (DD 465) and a Catalina Patrol Bomber piloted by Lt. W. J. Geritz from Patrol Squadron Twenty Three (VP 23) sinks the Japanese submarine RO-101 100 miles southeast of San Cristobal, Solomons.
Wilh. Wilhelmsen sees extended Weak RO/RO Market
Car and truck shipper Wilh. * Due to weak and rapid change in the market WWASA has decided to merge its companies with Wallenius, announced on September 5.
Asia Dry Bulk-Capesize Rates Steady
Holidays in Asia likely to dampen chartering activity; Outlook still "slightly positive" for fourth quarter. Freight rates for large capesize dry cargo ships on…
Rickmers Maritime to Restructure Debt
Singapore-listed Rickmers Maritime, which owns and operates containerships, said on Thursday it was seeking noteholders' support to restructure debt worth S$100…
Statoil to Supply Small-scale LNG to Baltics
Norway's Statoil will supply small-scale liquefied natural gas (LNG) to terminals in the Baltic Sea through Lithuania's Klaipeda LNG terminal, a company official said on Thursday.
Inmarsat Sponsorship for safety H.E.R.O.
Inmarsat will commemorate the untimely passing earlier this year of one of the architects of its Maritime Safety Operations network by sponsoring the first International…
Mundra Port handles its largest Vessel
Adani Ports and Special Economic Zone Limited (Adani Ports), one of India’s largest private port developer and operator and part of Adani Group, said its Mundra…
Star Bulk Announces $51.5M Offering Common Stock
Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK) today announced it plans to make an underwritten public offering for $51.5 million gross proceeds of its common stock.
Vigor Delivers Two Pilot boats to M.E.
Vigor expanded its growing portfolio of international sales with the delivery of two, 19m all-weather pilot boats to The Port of Duqm Company (PDC), SAOC, Sultanate of Oman.
Breakbulk and Bulk Cargo Terminal at Port of Prince Rupert?
The Port of Prince Rupert today announced it has signed a feasibility assessment agreement with SSA Marine and its wholly-owned subsidiary Western Stevedoring to…
Los Angeles Pier 400 Ready for Ultra-Large Container Ships
The first of ten ship-to-shore (STS) cranes at the APM Terminals Los Angeles Pier 400 facility was raised 33 feet (10 meters), making it the tallest port crane in…
Singapore: Committee to Plan Future of International Maritime Center
The Maritime and Port Authority of Singapore (MPA) has established the International Maritime Center 2030 (IMC 2030) Advisory Committee to chart the future directions of Singapore’s IMC.
Diana Shipping Amends Loan Agreement to Diana Containerships
Diana Shipping Inc. has amended its existing loan agreement to a wholly-owned subsidiary of Diana Containerships to defer some payments under a new schedule. Diana Containerships Inc.
Next Steps in IMO’s Energy Efficiency Training
International Maritime Organization (IMO) is continuing its work to support developing countries to prevent air pollution and greenhouse gas emissions from ships…
Dryships Announces Deleveraging Transaction
DryShips Inc., owner of drybulk carriers and offshore support vessels, announces deleveraging transaction and vessel sale. It has reached an agreement with Sifnos Shareholders Inc.
Giant Sea Wall to Save Sinking Jakarta
Greater Jakarta, one of the world's most densely populated cities, sits on a swampy plain and is sinking at a faster rate than any other city in the world. As per a report in Reuters…
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