Coast Guard Sets Port Condition X-Ray in NC Waters
The Captain of the Port (COTP) North Carolina has set Port Condition X-Ray for all navigable waterways in the North Carolina COTP Zone in preparation for the anticipated weather impact of Tropical Storm Hermine, the U.S. Coast Guard announced. Gale Force winds of 34 knots or greater are predicted along the coast of North Carolina. All self-propelled oceangoing vessels over 500 gross-tons, all oceangoing…
Navigation Simulation Suite Opens at Port of Milford Haven
Safe navigation is a priority operating principle for the UK’s largest energy Port, the Port of Milford Haven. And earlier this week the Port demonstrated that commitment with the unveiling of its new, state of the art marine navigation simulator. Significant investment has been made in developing this new facility, and it is an exceptional tool. Built using MARIN’s latest software, DOLPHIN, the navigation suite is positioned to lead the market in training and exercise scenarios.
MN100: Tri-State Coating and Machine Co., Inc.
Tri-State Coating And Machine Co., Inc. began operation in March 1987 with the goal of producing long-lasting parts to service the coal mine industry while creating jobs for a depressed economy. The company is located along the Guyandotte River just 15 miles south of Huntington, West Virginia. Opportunity opened in the marine industry. The hard-coated tail shaft sleeves were very much in demand but very competitive.
ASIS Delivers First 9.8m Amphibious RIB
Following the success of the ASIS Amphibious RIBs 7.1 and 6.1m, and in response to popular demand; ASIS just developed, tested and delivered its biggest amphibious RIB ever manufactured yet; A 9.8 meter Black Rigid Inflatable Amphibious boat. This boat is intended for private use, and will reach its owner in The United States in September. The Sealegs amphibious system available on the ASIS 9.8m RIB consists of motorized…
Marlink Doubles Speed with Sealink VSAT Data Allowance
Marlink has doubled the burst speed on its Sealink VSAT services, enabling up to 3 Mbps for users on its data allowance packages, enabling faster Internet access…
Hanjin’s Ships Worth $1.7 Bln -VesselsValue
With Hanjin Shipping on the verge of bankruptcy, state run Korea Development Bank stated the shipper’s debt stood at more than $5 billion at the end of June. However, Hanjin owns 63 vessels, worth today $1.7 billion, including live and newbuilding contracts, as shown by VesselsValue. Hyundai Merchant Marine (HMM) who is rumored to be interested in taking over Hanjin Shipping, owns 36 vessels worth $965.5 million. This would bump up the combined fleet value of HMM and Hanjin to $2.7 billion.
Hyundai Merchant Marine to Operate on Hanjin's Former Routes
Hyundai Merchant Marine Co Ltd said on Thursday it will deploy vessels on routes that bankrupt Hanjin Shipping used to use from South Korea to the United States and Europe…
Hurricane Warning Issued for Florida; Madeline Weakens off Hawaii
Forecasters and public officials urged Floridians to prepare for potentially catastrophic flooding and damaging winds as Tropical Storm Hermine was expected to become…
More Hanjin Ships Seized, Box Rates Surge & Shippers Fret
About 10 Hanjin vessels effectively seized at China ports; Court says plans to start rehabilitations proceedings soon. Hanjin Shipping Co Ltd vessels have been seized…
Fincantieri Signs Future Frigate Participant Service Contract
Fincantieri signed a contract with the Australian Government to participate in the Competitive Evaluation Process, conducted by the Department of Defence, to deliver…
ASV Global, TerraSond Complete First Unmanned Hydrographic Survey
ASV Global and TerraSond have completed a 5172 nautical mile hydrographic survey in the Bering Sea, off Alaska. TerraSond used the C-Worker 5 Autonomous Surface…
Gate Terminal Expanded for Handling Small LNG Vessels
Gate terminal and its shareholders Gasunie and Vopak are proud to announce that the LNG terminal at the Maasvlakte in Rotterdam has been expanded to include a third…
Virginia Port Refuses Inbound Hanjin Cargo
Effective immediately, The Port of Virginia will not be accepting any inbound Hanjin cargo (freight for export) at any of the port’s marine or intermodal terminals.
Evergreen Responds to Hanjin's Receivership Filing
It has been reported that Hanjin Shipping, a member of CKYHE Alliance, has applied for court receivership today. As a member of CKYHE Alliance, Evergreen Line has…
Global Fallout from Hanjin Collapse
When Hanjin Shipping, Korea's largest and one of the world’s top ten container carriers, filed filed for court receivership after losing the support of its banks…
DNV GL's New Project on EU LNG Market
Whilst LNG has proven to be a viable option as a bunkering fuel for ships, there are still challenges to the pace of its development and demand for LNG as a fuel.
Royal Navy Warship Goes to Libya
The UK provided RFA Mounts Bay to support the Danish-led maritime operation, escorting a Danish transport ship through the Mediterranean as it carried the chemicals…
Japanese Shippers Trim Fleets
The three big Japanese marine transport firms - Nippon Yusen Kabushiki Kaisha (NYK Lines), Mitsui O.S.K. Lines and Kawasaki Kisen - are decreasing the number of…
GoFLNG Strategy Milestone for Golar LNG
Golar LNG has now passed a very significant milestone in the roll out of its GoFLNG strategy, says a statement from the company. The recent full and final investment…
Ship Finance 2016 Q2 Reveue Falls
Ship Finance International Limited earnings missed the Street expectations for the second quarter. Quarterly charter revenues $159m versus $174m in last quarter.
