King Abdullah Port Bullish on Maritime Services
Specialized Marine Services (SMS), a JV between the Ports Development Company (PDC), which is the private sector owner and developer of King Abdullah Port, and the National Port Services Company…
Indian PM Meets All WOmen Crew of Navika Sagar Parikrama
Six women officers of the Indian Navy, who are due to circumnavigate the globe on the sailing vessel, INSV Tarini, called on Prime Minister Narendra Modi. This is…
Saudis Installing Cranes at Yemen Ports
Saudi Arabia said on Thursday it was installing four cranes at three ports in Yemen to help boost humanitarian aid deliveries and was ready to assist with installing…
As IOC Books Cargoes, Nigerian October Liftings Mixed
India's IOC booked a total of 4 million barrels from traders Shell and Total, while Nigeria's initial October export plans mostly showed slipping levels. Export plans for Forcados…
MES Delivers Another Bulk Carrier
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 60,000 dwt type bulk carrier M.V. "Cyclades" (MES Hull No. 1958) at its Tamano Works on August 17th…
Strong Capesize Rates Push Baltic Index Higher
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday as rates for capesize vessels moved higher. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 40 points, or 3.31 percent, at 1,247 points - highest since April 19. The capesize index climbed 218 points, or 9.38 percent, to 2,542 points, the highest since late March.
Project to Build World’s Biggest Sailing Cargo Ship
Lloyd's Register (LR) has joined the Quadriga sustainable shipping project – an initiative from Hamburg-based Sailing Cargo, which aims to build the world’s biggest sailing cargo ship. The project outlines a plan to build a 170-meter car carrier, capable of carrying between 1,700 and 2,000 cars, which will be equipped with four DynaRig masts and will operate on hybrid propulsion with sails and diesel-electric engines, and an optional battery system for peak loads.
Search Continues for Missing Army Aviators
Responders are continuing the search for five missing Army aviators from a downed Army UH-60 Black Hawk helicopter approximately two miles west of Ka'ena Point, Oahu, Wednesday.
HMM to Launch Arctic Sea Service
South Korea’s leading container carrier Hyundai Merchant Marine Co (HMM) is considering launching a regular liner service via the Arctic Sea, a move that could cut…
Global Ports Sells Logistika-Terminal to PJSC TransContainer
Global Ports Investments PLC announced that First Container Terminal Inc., one of the Group’s sea terminals, has signed an agreement to sell its 100% shares in JSC Logistika-Terminal (LT)…
DoJ Closes Vantage Probe Over Petrobras Deal
Vantage Drilling International, announced that it has received a letter from the United States Department of Justice (DOJ) acknowledging Vantage's full cooperation…
Theresa May hails HMS Queen Elizabeth
The Royal Navy’s new flagship HMS Queen Elizabeth berthed in her home port of Portsmouth early on Wednesday morning and was greeted Prime Minister Theresa May visited…
Colac Remembered
Despite being in the thick of action on many occasions, Bathurst class corvette HMAS Colac ended the Second World War with only two members of her ship’s company killed and two wounded…
Golar LNG Partners in FLNG Hilli Episeyo Stake Acquisition
Golar LNG Partners announced that it has entered into a purchase and sale for the acquisition from Golar LNG Limited and affiliates of Keppel Shipyard and Black…
TORM Updates Fleet Status
Denmark-based shipping company TORM sold three vessels: TORM Anne (1999-built MR vessel), TORM Madison and TORM Trinity (both 2000-built Handysize vessels) during the first six months of 2017.
US to Commission USS Lewis B. Puller
The Navy will commission the Expeditionary Sea Base USS Lewis B. Puller (ESB 3) during a 5 p.m. AST ceremony Thursday, August 17, at Khalifa bin Salman Port in Al Hidd, Bahrain. The future Lewis B.
MRV Made Easy: NAPA Updates Performance Monitoring System
Maritime software, services and data analysis provider NAPA said it has updated its performance monitoring and reporting systems to enable simple, straightforward compliance with EU Monitoring, Reporting and Verification (MRV) legislation. Users of NAPA Shipping Solutions, ClassNK-NAPA GREEN and NAPA-DSME Power can easily generate MRV reports and include their performance monitoring software as their data collection method in the monitoring plan due on August 31, 2017.
Detyens Sees Uptick in International Repair Work
International vessels have been trading in the Port of Charleston, S.C. for centuries. While Charleston is the sixth largest container port in the U.S., it is also home to Detyens Shipyards, Inc (DSI). In the past several years, DSI has seen an increase in the number of dry dock inquiries and bookings from International vessel operators. “In the last two quarters, we’ve dry docked eight internationally owned and operated vessels,” explained Peter Browne, Vice President of Estimating.
Buzby Sworn in as Maritime Administrator
Rear Adm. Mark H. Buzby, USN, Ret. has been sworn in as the Administrator of the Maritime Administration by U.S Secretary of Transportation Elaine L. Chao. As Maritime Administrator, Buzby will lead the agency tasked with promoting the use of waterborne transportation and its seamless integration with other segments of the transportation system; and the development and maintenance of an adequate, well-balanced U.S.
Latest Gulf of Mexico Auction Signals Offshore Return
Major oil producers pushed up high bids at a Gulf of Mexico offshore auction to $121 million on Wednesday, a nearly seven-fold increase from a year ago, as their return to deep water exploration gained momentum. This compared with $18 million in high bids at the Bureau of Ocean Energy Management's (BOEM) Outer Continental Shelf auction last summer. Winners will be announced after a 90-day review. Some…
