Fishing Vessel Catches Fire off Georgia
Three fishermen were rescued Tuesday after their vessel caught fire 1 mile east of St. Catherines Island, Georgia. U.S. Coast Guard Sector Charleston command center watchstanders received a call from the fishing vessel at 3:16 p.m. stating their vessel was on fire and sinking. A Coast Guard Station Tybee Island 29-foot Response Boat - Small boatcrew and an Air Station Savannah MH-65 Dolphin helicopter aircrew launched at approximately 3:25 p.m.
Hamburg Süd Opens Dubai Office
Hamburg Süd has opened its first proprietary agency in the Middle East. On February 1 Hamburg Süd Shipping LLC commenced operations in Dubai, United Arab Emirates.
New DP Simulator for Indonesian Training Center
Jakarta, Indonesia-based maritime training center PT Azureus Simulator Asia has chosen KONGSBERG’s Dynamic Positioning (DP) simulators to help it meet significant growth in regional demand for offshore operational training. Due for delivery in June 2017, PT Azureus Simulator Asia is the first Indonesian training center to utilize KONGSBERG DP simulators. It joins a long list of South East Asia facilities…
Has the Asian LR Tanker Market Hit Bottom?
The Long Range (LR) 2 tanker market in the East of Suez has been languishing in the doldrums for almost two weeks. LR2 rates on the AG/Japan route, basis 75 kt, nosedived from w120 at the beginning of January to current levels of w80. Earnings for a round voyage on the benchmark route are hovering around barely breakeven levels at $2,000/day. A slew of refinery outages which have lowered CPP exports as well as a pile up of prompt tonnage in the region have culminated in the perfect storm.
Repairing Fiji’s Maritime Navigation Equipment Post-Winston
When Tropical Cyclone Winston struck Fiji in February 2016, the deadly category 5 storm raked across the country with peak winds of 185 mph, damaging or destroying some 40,000 homes and causing an estimated $1.4 billion in damages. The strongest recorded tropical cyclone to make landfall in the South Pacific archipelago, Winston significantly damaged much of Fiji’s infrastructure, including to a number of maritime aids to navigation and lighthouse sites.
Australia Probes Coal Spill near Great Barrier Reef
Coal has washed up in waters dangerously close to Australia's Great Barrier Reef, environmental authorities said on Wednesday, following an investigation into complaints…
Weather Halts North West Shelf Liftings
Loading of cargoes from Australia's North West Shelf (NWS) liquefied natural gas (LNG) and condensate project has been halted due to adverse weather, traders with…
A.P. Moller-Maersk Misses Q4 Forecast
Net operating loss after tax of $2.7 bln means dividend cut. Chairman to step down at end of March. A.P. Moller-Maersk missed fourth-quarter profit expectations…
Bahri Acquires VLCC Amjad
Amjad, a 300,000 DWT Very Large Crude Carrier (VLCC) built by Hyundai Heavy Industries (HHI) in South Korea, has become the latest addition to Bahri's growing fleet of 84 vessels of various types.
Savannah Positioned as U.S. Gateway Port
Today the Georgia Ports Authority announced the sale of 500 acres of property for commercial development to accommodate growing customer demand for warehousing,…
3 Rescued from Burning vessel near St. Catherines Island, Ga.
The Coast Guard rescued three fishermen Tuesday after the fishing vessel they were on caught fire 1 mile east of St. Catherines Island, Georgia. Coast Guard Sector…
Sound Energy: Badile Rig Contract - Payment using Equity
Sound Energy, the African and European focused upstream gas company, announced on 29 November 2016, that the terms of the contract for the use of Pergemine S.p.A…
Van Oord JV Bags Santos port Dredging Contract
Van Oord has been awarded a contract by the Brazilian Ministry of Transport, Ports and Civil Aviation for the capital and maintenance dredging of the port of Santos.
Maersk Chairman Rasmussen Steps Down
A.P. Møller - Maersk’s chairman of the board will step down at the end of March as the group missed fourth-quarter profit expectations amid low prices and oversupply in the oil and freight sectors.
Global Eagle delivers foreign Language TV programmes for ship crew
Global Eagle Entertainment Inc. (NASDAQ:ENT) has expanded its portfolio of live programming delivered by satellite to cruise ships with the addition of new channels…
Skarfjell becomes tie-back to Gjøa
DEA and its partners in PL418 have selected a subsea tie-back to the Gjøa platform as the concept for development of the Skarfjell discovery in the Norwegian North Sea.
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