Navig8 Leaseback Pact with with Chinese Financer
Navig8 Chemical Tankers has signed sale and leaseback agreements with China's Bank of Communications Financial Leasing (BCFL) for a quartet of medium range tankers.
Livestock Carrier Greyman Express Delivered
Cosco Guangdong shipyard has delivered the 6th livestock carrier âGreyman Expressâ to Duch Vroon B.V. Company. âGreyman Expressâ matches the AMSA latest specificationâŚ
TAS Offshore Sees Another Vessel Deal Axed
Malaysiaâs shipbuilding and ship repair services firm, TAS Offshore, has received yet another termination of a shipbuilding contract from the same client, this timeâŚ
Clough Wins Woodside Contract
Perth-based Clough has been awarded an engineering services contract by LNG operator Woodside Energy. The contract covers the full spectrum of engineering servicesâŚ
Arctic Sea Ice at Alrmingly Lower Level
Low Arctic sea ice extent for March caps a highly unusual winter in the Arctic, says the US National Snow and Ice Data Centre (NSIDC). In March, Arctic sea ice extentâŚ
XL Catlin Unveils Cargo Insurance Policy
XL Catlinâs Americas Marine business has introduced its first new marine product, an insurance policy to offer cargo insurance coverage on a domestic, foreign or worldwide basis. According to Anne Marie Elder, Chief Underwriting Officer of XL Catlinâs Americas Marine business, âTo move assets, goods and products from point A to point B, businesses are contending with complex logistics, compliance issues and increasing threats of theft â to name a few. âCargo risks are complex enough.
RV Neil Armstrong Arrives in Woods Hole
The research vessel Neil Armstrong arrived to its home port at the Woods Hole Oceanographic Institution (WHOI) dock for the first time Wednesday, escorted by the WHOI coastal research vessel R/V Tioga, two Coast Guard vessels and fireboats from neighboring towns. âWhat a wonderful day for Woods Hole, for the Commonwealth of Massachusetts, for Woods Hole Oceanographic Institution, and the entire ocean science community,â enthused WHOI President and Director Mark Abbott.
Stakeholders Voice Opposition to Proposed Waterway Tolls
A group of 75 companies and organizations have collectively voiced opposition to a Public Private Partnership (P3) project that would seek to toll the Illinois Waterway and that could make its way into the Water Resources and Development Act (WRDA) of 2016. The group consisting of a variety of stakeholders across the logistics chain and led by the Waterways Council, Inc. âWe are not opposed to appropriateâŚ
Canada Commits $51.9 Mln to Ferry Services
The Canadian Government has committed $51.9 million to support Atlantic Canada ferry services, announced Canadaâs Transport Minister Marc Garneau. The funding, announced as part of Budget 2016, will support operations, maintain and repair ferry assets and dispose of the MV Princess of Acadia, which was taken out of service in July 2015 and replaced by the MV Fundy Rose. The funding has enabled the one year extension of contracts for interprovincial ferry services in Atlantic CanadaâŚ
US Military Christens Self-piloting Ship
The U.S. military on Thursday christened an experimental self-driving warship designed to hunt for enemy submarines, a major advance in robotic warfare at the core of America's strategy to counter Chinese and Russian naval investments. The 132-foot-long (40-metre-long) unarmed prototype, dubbed Sea Hunter, is the naval equivalent of Google's self-driving car, designed to cruise on the ocean's surface for two or three months at a time - without a crew or anyone controlling it remotely.
Hospital Shipsâ Equipment List Standardized
For providers deployed aboard a hospital ships, making sure all the right equipment is on board is vital. The Naval Health Research Center (NHRC) completed a year-long project to optimize and standardize combat support Authorized Medical Allowance Lists, April 5. "The goal of this project was to develop standard AMALs for both hospital ships [USS Mercy and USS Comfort]" said Capt. Rita Simmons, NHRC's commanding officer.
Port of Long Beach Studies Land Use Options
The Port of Long Beach said it is conducting a comprehensive Land Use Study to eventually create well-informed land use strategies. Work on the Land Use Study began in 2015 and is expected to continue through 2016. Focusing efforts and resources on creating a process to evaluate future land use options will allow the Port to proactively address major challenges and balance its role as a facilitator of international tradeâŚ
Caterpillar Honors Napier for âSupplier Excellenceâ
Napier Turbochargers has been awarded Caterpillarâs Supplier Quality Excellence Process (SQEP) Certification. Caterpillarâs SQEP program is designed to place emphasis on supplier performance excellence: to earn SQEP, suppliers must provide superior performance in several categories including product quality, delivery, customer service, process control and continuous improvement. This certificationâŚ
Training toward Greater Maritime Security
Extensive maritime security training involving countries operating under the Djibouti Code of Conduct (DCoC) has taking place from March 20-April 7 in Jeddah, Saudi Arabia. Maritime law enforcement officials from 17 DCoC signatory States (the Comoros, Djibouti, Egypt, Ethiopia, Jordan, Kenya, Madagascar, Maldives, Mauritius, Mozambique, Oman, Saudi Arabia, Seychelles, Somalia, South Africa, the SudanâŚ
Nauta Bags Two Fishing Vessel Orders
Nauta Shiprepair Yard in Poland has signed two contracts in recent days for building partially outfitted fishing trawlers for its Danish client Karstensens Skibsvaerft AS. Within the first order Nauta will produce a partly outfitted vessel with length 69.9 meters and beam 14.2 meters. The B â 436 unit will be ready to hand over in March m2017. This vessel will be similar to the other seiners â Kvannoy and Beinur â which Nauta has built for Karstensens Skibsvaerft AS.
Baltic Index Rises as Capesizes Continue to Support
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday, on surging capesize demand and improved activity across vessel segments.
KOTUG, Boskalis Begin Harbor Towage Joint Venture
KOTUG International B.V. and Royal Boskalis Westminster N.V. have formalized a joint venture for the companiesâ European harbor towage operations. The joint operations are transferred to a 50/50 joint venture, combining the European harbor towage activities of KOTUG and Boskalisâ subsidiary SMIT. The merged operations will operate under the entity KOTUG SMIT Towage, with operational integration beginning April 7, 2016.
Cape Henry Associates Awarded US Navy Training Contract
The U.S. Navy has awarded Cape Henry Associates, along with five other companies, a curriculum analysis and planning services task order contract worth a projectedâŚ
Chronopost Inks $2.8 Mln Deal with Reftrade
Reftrade has secured a $2.8 million contract with international shipping and delivery company Chronopost International, to install refrigerated cold rooms on multiple platforms and distribution hubs throughout France. Reftradeâs French division, market leaders in lease of refrigerated containers and temperature controlled units, secured the 60 month contract in Q1 of 2015 on the back of Chronopost launching its Chronofresh line.
This Day In Naval History: April 7
1776 - The Continental brig Lexington, commanded by John Barry, captures the British tender Edward near the Virginia Capes after a fierce fight that takes nearly an hour. 1944 - USS Saufley (DD 465) sinks the Japanese submarine I 2, west-northwest of New Hanover, while USS Champlin (DD 601) is damaged after intentionally ramming German submarine U-856 380 miles off Nova Scotia, Canada. Champlin then teams with USS Huse (DE 145) to sink U-856.
