Vancouver Shipyards Promotes Corr to VP
Seaspan’s Vancouver Shipyards (VSY) has appointed Jim Corr as Vice President – Planning & Estimating. Corr joined VSY in January 2017 as a consultant, and in June 2017 was promoted to Vice President, Planning & Estimating. In this role, Corr is responsible for providing leadership and direction on network planning, detail planning and production control, as well as estimating for new ship construction.
E.R. Schiffahrt to Manage 3 More Maersk Ships
Hamburg-based ship manager E.R. Schiffahrt informs it has been appointed by Maersk Line to manage three further vessels. With this new mandate, E.R. Schiffahrt increases…
Stronger Rates Across Vessels Lift Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday as rates climbed further across vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 12 points, or 1.35 percent, at 900 points. The panamax index rose 32 points, or 2.8 percent, at 1,173 points. Average daily earnings for panamaxes…
Tuco Marine Launches Aquaculture Service Boat
Denmark based boat builder Tuco Marine has launched a newly developed boat for high-pressure cleaning for fish farm operations in Norway. According to Tuco Marine, the 15-meter workboat – an expansion of its ProZero vessel series – has been designed by the builder’s engineers in collaboration with aquaculture experts to match the exact demands of the industry. In order to preserve a healthy fish population and a steady production rate…
NASSCO Christens Yard Tug Blue Fin
U.S. shipbuilder General Dynamics NASSCO has taken delivery of a new tug, Blue Fin, to support its waterfront activities. The new tug, built by Marine Group Boat Works in National City, Calif., was christened July 8 at a ceremony at NASSCO’s shipyard in Barrio Logan in San Diego. Bonnie Fanelli, the wife of 43-year NASSCO employee and assistant dockmaster Tom Fanelli, christened the tug. The name Blue…
Asia Tankers-VLCC Rates Under Pressure on Oversupply
Charterers set to split VLCC cargoes if owners push rates higher. Freight rates for very large crude carriers (VLCCs) are coming under pressure from a build up in…
LNG Prices Low on Oversupply
The Asian market for liquefied natural gas (LNG) remained subdued this week, weighed down by oversupply concerns and as the northern hemisphere exits its high demand summer season.
Aker BP Ups 2017 Output View
Oil firm Aker BP, the second-largest operator of oil and gas platforms off Norway, raised its 2017 output guidance and lowered its production cost outlook as it…
North Natuna Sea: Striking at China Claims
Indonesia renamed the northern reaches of its exclusive economic zone in the South China Sea as the North Natuna Sea on Friday, the latest act of resistance by Southeast…
First Floating Mega Island Tested
MARIN (Maritime Research Institute) tested an innovative concept for a floating mega island. The island comprises 87 large floating triangles that are flexibility connected to one another. Together they form a flexible floating island that can be as large as 1 to 5 km in cross-section. Olaf Waals, project manager and the concept developer: “As sea level rises, cities become overcrowded and more activities are carried out at sea…
Diana Time Charter with Maersk and CMA CGM
Diana Containerships has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Maersk Line A/S for one of its Post-Panamax container vessels…
Höegh LNG, RMU Sign MoU on LNG Capacity Building
The Regional Maritime University in Ghana (RMU) has signed a Memorandum of Understanding (MOU) with Höegh LNG, a major player in the LNG segment of the maritime industry…
IMB Reports 87 Piracy Incidents in H1 2017
The IMB has published its report on piracy and armed robbery for the second quarter of 2017, covering the period from 1 January to 30 June 2017. The report highlights…
TCM Gearing Up for Panamax Ships
The recent dredging to the Port of Maputo, Mozambique, access channel, early this year, from -11 to 14.3 meters served as an enabler to other infrastructure projects…
Next Gen Maritime Workers Visits IMO
Students from the International Association of Maritime Universities (IAMU) visited International Maritime Organization (IMO) Headquarters for their student forum (11-12 July).
HMAS Newcastle Visits India
Making her way north to commence duties as part of Operation MANITOU, HMAS Newcastle made a port visit to Cochin, India, further strengthening relationships recently made on exercise off Fremantle.
UniCarriers Corporation becomes Mitsubishi Logisnext
Mitsubishi Nichiyu Forklift announced that it will conduct the operational integration with its consolidated subsidiary UniCarriers Corporation and change its company name to "Mitsubishi Logisnext.
A Maritime Security Strategy for Cameroon
Work to assist the Government of Cameroon to develop a national maritime security strategy is underway in Yaoundé (5-14 July). Senior Government officials from departments…
Dakuku Calls for Marine Ecosystem Conservation
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stressed the need for concerted and collaborative efforts of all stakeholders toward the conservation and sustainable use of ocean resources for the protection of the environment and indeed the entire ecosystem. The Director General who made this appeal while speaking at a 2-day Regional…
Trump Administration Approves Eni Plan to Drill Offshore Alaska
Eni US will become the first energy company allowed to explore for oil in federal waters off Alaska since 2015 after the Trump administration this week approved a drilling plan on leases the company has been sitting on for 10 years. The approval is conditional on Eni getting other state and federal permits, which in past cases are generally granted once BOEM gives the green light. "We know there are vast oil and gas resources under the Beaufort Sea…
