Asia Dry Bulk-Capesize Rates to Slip Further
Chartering activity falls as holidays loom; Rio Tinto offering rates 5.5 pct lower than index level. Freight rates for large capesize dry cargo ships on key Asian…
Reliability boost for Cutter Dredger Cassiopeia V
Wärtsilä will provide extensive technical support and advisory services for Singapore-based large cutter dredger Cassiopeia V. The five-year Technical Management…
93 Kalmar Terminal Tractors for PTP, Malaysia
Kalmar has extended its long cooperation with Port of Tanjung Pelepas (PTP) in Malaysia by providing them with 93 terminal tractors for container handling. The approx.
Cosco Delivers Module Carrier to Bigroll
On 23 November 2016, Cosco Dalian Shipyard Co. Ltd handed over BigRoll Baffin, the third MC-Class Module Carrier for BigRoll Shipping, to her owners. The first two…
TNPA to Issue Tender for Berth Deepening Mega project
Transnet National Ports Authority will undertake its mega project to deepen and lengthen berths at Durban Container Terminal (DCT): Pier 2 has reached a key milestone…
Subsea 7 Awarded Norwegian North Sea Contract
Subsea 7 S.A. today announced the award of a sizeable(1) contract by Centrica for the Oda field in the Norwegian North Sea. The Oda oil field (previously called…
India Okays 'Major Port Trust Authorities Bill, 2016'
The Union Cabinet of India, chaired by the Prime Minister, Narendra Modi has approved the Major Port Authorities Bill, 2016, a move aimed at bringing greater efficiency…
Asia: 10 Piracy Incidents in November 2016
ReCAAP ISC has published its monthly report on piracy and armed robbery against ships in Asia. In November 2016, a total of 10 incidents were reported, of which…
Danish Shipowners Partnership for Green Shipping
The Danish Shipowners' Association, the Ministry of Environment and Food of Denmark and the Ministry of Industry, Business and Financial Affairs have concluded a partnership.
Islamist Group Targets Commercial Vessels in Sulu, Celebes
The Philippines-based Islamist group ASG has conducted tens of attacks against vessels in the Sulu and Celebes seas since March 2016, although since October it has…
Port of Antwerp to Boost Trade with South Korea
During the City Trade Mission to Seoul, Antwerp Port Authority signed a Memorandum of Understanding with KITA, the Korea International Trade Association. With 77…
Andrew Garrad to Retire from DNV GL
Dr. Andrew Garrad, the co-founder of Garrad Hassan, has announced he will retire from DNV GL on December 23, 2016. Following the merger between DNV and GL Garrad Hassan two years ago…
East-West Shippers See First Increase in Contract Rates
Ocean freight rates for cargo moving under contracts on the major East-West trade routes saw a reversal of trend in 4Q 2016, according to Drewry’s Benchmarking Club…
New Partnership for LNG Carrier Repair
On the November 25, 2016 Europe Technologies Group signed a Memorandum of Agreement with the Shipbuilding and Repair Development Company of Trinidad and Tobago Limited in Nantes, France. This Trinidad-based ship repair arrangement with the expert guidance of the Europe Technologies Group will provide both project management and skilled personnel in organizing the working party with the ship-owner, the shipyard…
Los Angeles Container Volumes Jump 23.6%
According to the Port of Los Angeles, containerized cargo flowing through the port surpassed all-time volumes for a Western Hemisphere port for the second consecutive month. Port of Los Angeles terminals processed 877,564 Twenty-Foot Equivalent Units (TEUs), eclipsing October’s all-time record of 814,574 TEUs. November volumes were up 23.6 percent compared to November 2015. "We are grateful to the cargo owners who see the value in this trade corridor…
Long Beach Container Counts Soft
The Port of Long Beach said shifting alliance routes and the Hanjin bankruptcy continued to affect its volumes in November, when container traffic was 13.8 percent lower than the same month last year. A total of 534,308 twenty-foot equivalent units (TEU) were moved through the harbor last month. Imports fell 11.8 percent to 270,610 TEU. Exports declined 3.1 percent to 120,897 TEU, while empty TEUs numbered 142,801, 24.2 percent off.
Record Container Volume at SC Ports
South Carolina Ports Authority (SCPA) reported its strongest November container volumes on record. SCPA handled 175,217 twenty-foot equivalent units (TEUs) in November, a year-over-year increase of 14 percent. Previously, SCPA's strongest November on record was 163,121 TEUs handled in 2005. With 864,970 TEUs moved since the fiscal year began in July, the Port's container volume is up 4 percent. As measured in pier containers…
Donald Joins HII Board of Directors
Huntington Ingalls Industries (HII) announced that Adm. Kirkland H. Donald, U.S. Navy (Ret.), has been elected to its Board of Directors, effective Jan. 1, 2017. Donald retired from the U.S. Navy in 2013 after 37 years of service. In his last assignment as the director, Naval Nuclear Propulsion, he was responsible for the safe and effective operation of the Navy’s nuclear propulsion program, which today includes all submarines and aircraft carriers.
ABS Presents Guidance for Subsea Pipeline Routes
ABS, provider of classification and technical services to the offshore industry, has published the ABS Guidance Notes on Subsea Pipeline Route Determination. This document…
US Approves $25 Mln Radar Sale to the Philippines
The U.S. government has approved the sale to the government of the Philippines of two Sea Giraffe radars and related equipment, support and training for about $25 million, the U.S.
