Somali Pirates Hijack First Ship since 2012
Pirates have hijacked an oil tanker with eight Sri Lankan crew on board, Somali authorities said on Tuesday, the first time a commercial ship has been seized in the region since 2012.
MOL Promotes 'Project & Heavy Cargo'
Mitsui O.S.K. Lines (MOL) plans to further promote "MOL Project & Heavy Cargo," its brand for plant/heavyweight cargo transport services. The MOL Group will expand…
Consolidation – A Path to Subsea Vessel Sustainability
In recent years, the speed with which newbuild vessels have entered the market has amplified the subsea vessel demand/supply imbalance, says a report by Douglas-Westwood London.
New Intermodel from Antwerp Port to Rhine-Ruhr-Main
The rail operator H&S Container Line is introducing an additional round trip between Andernach in Germany and the two container terminals in the Deurganck dock in the port of Antwerp.
Diana Containerships Reactivates Time Charter With OOCL
Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, has announced that it plans to reactivate one of its Post-Panamax container vessels…
DNV GL Releases New Issue of Cruise Update Magazine
In conjunction with Seatrade Cruise Global, DNV GL has published the classification society’s latest Cruise Update magazine. It features outstanding projects with customers…
Daewoo Shipbuilding Seeking Stake Sale in Non-Core Assets
South Korea's Daewoo Shipbuilding & Marine Engineering Co (DSME) is accelerating its move to sell all non-core assets o beef up its financial status amid concerns over a sharp fall in new orders…
Celebrity Cruises Reveals Celebrity Edge
Richard Fain, the chief executive officer of Royal Caribbean Cruises Ltd.and Lisa Lutoff-Perlo, CEO of Celebrity Cruises—one of three brands in the Royal Caribbean…
FMC Establishes Regulatory Reform Task Force
Acting Chairman of the U.S. Federal Maritime Commission (FMC) Michael A. Khouri has designated the agency’s Managing Director, Karen V. Gregory, to serve as Regulatory Reform Officer.
Arctic Ice Loss Driven by Natural Swings, Not Just Mankind -Study
Natural swings in the Arctic climate have caused up to half the precipitous losses of sea ice around the North Pole in recent decades, with the rest driven by man-made global warming, scientists said on Monday. The study indicates that an ice-free Arctic Ocean, often feared to be just years away, in one of the starkest signs of man-made global warming, could be delayed if nature swings back to a cooler mode.
OCIMF Encourages Adoption of Inert Gas Systems
The Oil Companies International Marine Forum’s (OCIMF) latest information paper, released on March 13, addresses the use of inert gas for the carriage of flammable oil cargoes. In the paper, titled Inert Gas Systems: the use of inert gas for the carriage of flammable oil cargoes, OCIMF fully supports the IMO introduction (from January 1, 2016) of the mandatory fitting to new build tankers 8,000 DWT and over, of an inert gas system when carrying flammable cargoes.
Japan Plans to Send Largest Warship to South China Sea
Japan plans to dispatch its largest warship on a three-month tour through the South China Sea beginning in May, three sources said, in its biggest show of naval…
Subsea 7 Acquires Seaway Heavy Lifting
Specialist offshore contractor Seaway Heavy Lifting, a 50/50 joint venture between Subsea 7 S.A. and K&S Baltic Offshore (Cyprus) Limited, is now a wholly-owned subsidiary of Subsea 7. Subsea 7 said it acquired the remaining 50 percent shareholding in Seaway Heavy Lifting Holding Limited and its subsidiaries on March 10, 2017 for a cash consideration of $279 million on completion and an additional…
Combination Tug & Dive Support for Peruvian Navy
The Peruvian Navy has recently taken delivery of a well-equipped dive support vessel (DSV) from the shipyard Servicios Industriales de la Marina S.A. (SIMA). Designed in-house by the shipyard, the new 4400 HP vessel has significant towing capabilities and can act as a salvage tug. The 32 by 12-meter vessel has a molded depth of 4.5 meters on a finely-shaped, double chined hull. A four point anchoring…
Spliethoff Orders Six Vessels from China
Amsterdam-based shipping company Spliethoff has placed an order for six multipurpose vessels at the Zhejiang Ouhua Shipbuilding Co., Ltd., shipyard in China. The 165-meter-long, approximately 18,000 dwt vessels of this new R-Class are designed in accordance with the Polar Code for trade in remote areas such as the Arctic. With a hold length of over 100 meters and heavy lift cranes which are combinable…
SCHOTTEL Thrusters for Island Venture
The newly built offshore construction vessel Island Venture features three SCHOTTEL Combi Drives of type SCD 710 (formerly SCD 3040) in the Rudderpropeller version with an input power of 3,300 kW each, giving the multifunctional vessel increased maneuverability for a wide range of applications. Island Venture is the product of a European joint venture with building work carried out at two different locations.
Baltic Index Up for Ninth Straight Session
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a ninth straight session on Monday, helped by stronger capesize rates. The overall index, which also factors in rates for panamax, supramax and handysize shipping vessels, ended up 13 points or 1.2 percent at 1,099 points. The capesize index gained 54 points, or 3.02 percent, to close at 1,843 points.
Libyan NOC Official Warns of Force Majeure at Oil Ports as Rivals Mobilize
A senior official at Libya's National Oil Corporation (NOC) warned on Monday of a possible declaration of force majeure at the Es Sider and Ras Lanuf oil terminals…
Wärtsilä Launches SmartPredict
The technology group Wärtsilä launches its latest innovation SmartPredict at this year's Seatrade Cruise Global exhibition in Fort Lauderdale, Fla. from March 13 to 16. Developed by the company's dynamic positioning unit, SmartPredict is designed to provide safer and more efficient vessel operations by reducing the risks associated with maneuvering. The system displays the vessel's predicted future position and heading…
Wary of China, Duterte to Increase Naval Patrols
Philippine President Rodrigo Duterte has ordered the navy to put up "structures" to assert sovereignty over a stretch of water east of the country, where Manila…
