Loch Ness Monster: Incat Crowther Joins the Search
Incat Crowther has entered into a contract to design a 20m catamaran passenger ferry to ply the waters of Loch Ness in Scotland, taking tourists in search of Nessie, the lake’s the famous monster.
14,000 TEU Ship Enters NYK Fleet
On February 22, a new, advanced 14,000-TEU containership entered the NYK fleet after being delivered at the Kure shipyard of Japan Marine United Corporation (head office: Tokyo…
NYK Wins Environmental Communication Award
The 2015 NYK Report has been honored with an award for excellence in the environmental reporting category at the 19th Environmental Communication Awards, which are…
CMA CGM, GAC Ink Agency, Service Deal
The Scandinavian arm of the world’s third largest container shipping company CMA CGM has signed an agency, husbandry and NOx reporting agreement with GAC Norway…
Maiden Voyage for China's First Self-Propelled Floating Dock
China's first self-propelled floating dock Huachuan I began its inaugural sailing recently, which opens a new era, the official People's Liberation Army Daily said. With it, large ships can be repaired at sea instead of only on the shore. It can meet repair demand of all Chinese main battle ships except aircraft carrier. The Huachuan No. 1, would enable the navy to return damaged ships to fighting capability "in very rapid time" and was designed to be sent into combat zones.
Report Calls for Shipping Liners to Consolidate
The need of the hour is consolidation of container ship lines order to regain profitability and to overcome financial struggles, consulting firm AlixPartners says in a new report.
UASC Rolls out Indian Service
United Arab Shipping Company (UASC) has launched a new Indian Subcontinent Mediterranean Express Service (IMEX) on 26 February, offering coverage from the Arabian Gulf…
Overcapacity Catches Box Ship Industry in Undertow
All signs point to a continuation of struggling theme for containerized-ocean-freight industry into 2016 and beyond, warns a study by AlixPartners. The containerized…
RSGT Mulls Expansion, Celebrates the Arrival of Al-Nefud
United Arab Shipping Company (UASC) and Red Sea Gateway Terminal (RSGT) celebrated the world’s greenest ultra-large container vessel 18,800TEU M.V. Al Nefud during…
BIMCO: Recommended Amendments To Bunker Contracts
As widely reported in the maritime press, the United Kingdom's Supreme Court has granted an expedited hearing to Product Shipping & Trading's case against the collapsed OW Bunker (the Res Cogitans). The hearing will take place on 22 March in London and will deliver the final English law verdict on whether many hundreds of shipowners should pay OW Bunker's assignee ING Bank or pay the physical suppliers.
Gulf Island Delivers Towboat to Marquette Transportation
Gulf Island Shipyards, LLC recently delivered the second of a three-vessel new build program for Marquette Transportation Company of Paducah Kentucky. The M/V Loree Eckstein, named after John Eckstein’s wife, was delivered on February 18, 2016 at Gulf Island Shipyards’ Houma (South) yard. This vessel is 180 ft. x 48 ft. x 11.5 ft. and is powered by twin EMD 20-710 G7C Tier 3, low emission diesel engines capable of producing over 10,000 horsepower via Lufkin gearboxes.
US Lease Accounting Standard Updated
Shipping and offshore maritime sectors must be alert to implications of new U.S. The Financial Accounting Standards Board (FASB) in the United States has issued a lease accounting standard update following the release in January 2016 of an International Financial Reporting Standard (IFRS) dealing with the same subject. Although it had been expected that the FASB and IFRS standards would be identical…
CMA CGM Benjamin Franklin Calls Seattle
Largest cargo vessel to visit U.S. The largest cargo ship to visit the United States, the CMA CMG Benjamin Franklin, arrived Monday at The Northwest Seaport Alliance’s Terminal 18 in Seattle. The Benjamin Franklin has capacity for 18,000 20-foot equivalent container units (TEUs), more than double the cargo of most container ships calling at Northwest Seaport Alliance terminals. If laid end-to-end, the 18,000 TEUs would stretch from Tacoma to Everett, a distance of about 68 miles.
ABS Updates Hazmat Inventory Guide
ABS offers guidance on requirements for early compliance with changing regulations. ABS, a provider of classification and technical services to the global marine and offshore industries, has published a new edition of the ABS Guide for the Inventory of Hazardous Materials. The guide provides ABS requirements for reviewing and verifying the initial Inventory of Hazardous Materials (IHM) for newbuilds and existing vessels and defines obligations for maintenance…
DMW Delivers Marine Cranes for the US Navy
DMW Marine Group, LLC. has delivered two 40 ton meter knuckleboom cranes to the U.S. Navy. The model M400 cranes will replace two similarly sized cranes that were provided by another vendor. The Navy has decided to replace its rusty equipment with a corrosion resistant marine crane, according to DMW Marine Group. DMW Marine Group said its equipment features stainless steel pipes and fittings, a sand…
This Day In Naval History - February 29
1992 - Fast Attack Submarine USS Jefferson City (SSN 759) is commissioned. (Source: Naval History and Heritage Command, Communication and Outreach Division)
Women Are Moving up in the Maritime Industry
Historically, women have played only a minor role in shipping, shipbuilding and related areas up to the present, but decision makers in the industry are now beginning…
Video: Large Ferry Pulls an Impressive Maneuver
Aerial drone footage shows Hellenic Seaways' largest ferry, Ariadne, maneuver in the small port of Chios. Watch the video here. Ariadne, a Japanese-built RoRo passenger ferry, was constructed in 1996 and flies the Greek flag, calling ports Piraeus, Chios and Mytilini. Length: 196 m Width: 27 m Speed: 27.5 knots Vehicles: 56 Passengers: 2,045 Cabins/Beds: 145/459
Babcock LGE Process Secures Namura Contract
As part of its growing network of global partnerships, Babcock LGE, a wholly owned Engineering, Procurement and Project Management business of Babcock International Group…
Surveyors Find Torpedo-like Object off Scotland
Shipping vessels have been advised not to anchor where an object thought to be a torpedo was discovered on the seabed of Scapa Flow, Scotland. On Saturday, February 27…
