USCG Cutter Munro Powered by GE
GE’s Marine Solutions announced that the U.S. Coast Guard commissioned Munro, a new National Security Cutter (NSC), on April 1 in Seattle, Washington. All of thenew Legend class cutters use the same COmbined Diesel And Gas turbine (CODAG) propulsion system featuring one GE LM2500 gas turbine and two diesel engines. According to a U.S. Coast Guard press release, Munro is the fourth NSC to be homeported on the West Coast in Alameda, Calif.
Scorpio Sells Two Kasamax Bulkers
Scorpio Bulkers Inc. said it has reached agreements with unaffiliated third parties to sell two Kamsarmax bulk carriers approximately $45 million combined. The two vessels…
BMT, UK’s MAIB Ink Rembrandt Deal
BMT Ship & Coastal Dynamics (BMT) announced a new contract with the UK’s Marine Accident Investigation Branch (MAIB). BMT has installed its marine navigation and maneuvering simulator, Rembrandt and will provide ongoing specialized training, to allow MAIB personnel to benefit from its unique attributes. Richard North, Technical Manager at MAIB said “Rembrandt is a well-regarded and trusted solution…
Low Water hinders Rhine, Danube River Shipping
Water levels on the Rhine and Danube in Germany remain low despite recent rain and freight vessels cannot sail fully loaded on the German sections of the rivers, traders said on Tuesday.
Banned at Sea: Venezuela's Crude-stained Oil Tankers
In the scorching heat of the Caribbean Sea, workers in scuba suits scrub crude oil by hand from the hull of the Caspian Galaxy, a tanker so filthy it can't set sail in international waters.
Daewoo Shipbuilding unlocks $2.6 bln Bailout
Bondholders at final meetings agree to debt-to-equity swap; shipbuilder needs about $400 mln in operating funds by April-end. South Korea's Daewoo Shipbuilding &…
FSL Aframax Tanker Enters Teekay RSA
FSL Trust Management Pte. Ltd. (FSLTM), as trustee-manager of First Ship Lease Trust (FSL Trust), announced that the Trust has agreed to employ the 115,000 DWT Aframax crude oil tanker FSL Hong Kong, post dry docking, in the Teekay Group Revenue Sharing Agreement (RSA). This agreement continues the Trust’s relationship with Teekay, which started back in 2013.
Weaker Capesize Rates Weigh on Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Tuesday on weaker rates for capesize vessels. The overall index…
Nearly 9,000 Med Migrants Rescued over Weekend
Nearly 9,000 mainly African migrants were rescued in the Mediterranean this past long weekend after being put by smugglers in Libya onto unseaworthy boats heading toward Italy, U.N.
Sovcomflot Holds PDVSA Oil Hostage over Debts
Venezuela's state-run oil company, PDVSA, sent a tanker in October to the Caribbean with the expectation that its cargo of crude would fetch about $20 million -…
- 1
- 2
