Aframaxes Taken for Short-term Time Charters in Asia
The Asian Aframax market is currently stable but seems to be facing a more positive outlook on the back of short-term time charters as well as an increase in third decade cargoes. Rates for an Indonesia/Japan run basis 80 kt are hovering around w100 to w102.5, while rates for the AG/East route basis 80 kt stand at w115. Reflecting firmer owner sentiment, TD14 inched up steadily w-o-w to w100.78 which translates into daily earnings of around $8,700/day.
Foss’ New Arctic Class Tug Is Nearly Complete
Foss Maritime said its third of three new Arctic Class tugs being built at the Rainier, Ore. shipyard is nearing completion and expected to enter service later this year. The tug Nicole Foss is ice class D0, meaning the hulls are designed specifically for polar waters and are reinforced to maneuver in ice. Like her sister Arctic Class vessels, it complies with the requirements in the ABS Guide for Building and Classing Vessels Intended to Operate in Polar Waters…
T&T Salvage Names Garcia Assistant Director of Vessel Services
T&T Salvage, LLC has appointed Rebecca Garcia as Assistant Director of Vessel Services, primarily responsible for assisting the compliance team in finding customer-centric solutions to the latest regulatory requirements set forth by the OPA-90 regulations, while also identifying and introducing custom emergency management solutions to T&T’s global customer base. Garcia comes from a career at Svitzer…
Norwegian Orders Four Ships from Fincantieri
Norwegian Cruise Line Holdings Ltd. said it has reached an agreement with Fincantieri S.p.A. to construct the next generation of ships for its Norwegian Cruise Line brand…
FCI Debuts Compact, High Output Watermaker
Space is a precious commodity on any vessel, even a large one. Making its debut at the Miami International Boat Show, FCI Watermakers' new Atlas+APC is compact, yet produces 1,400-3,600 gallons of potable water per day and is fully automatic in its operation. Suited for the large yacht or commercial vessel, the watermaker is engineered and built for extended run times. The Atlas+APC is manufactured in the U.S. to commercial standards for reliability.
Tug Grounding Causes Fuel Spill in Alaska
Emergency personnel continue their response to the tug boat Samson Mariner which ran aground and spilled fuel while towing a barge in the vicinity of Rosa Reef in north Tongass Narrows…
Arctic and Antarctic Sea Ice at Record Low in January
The extent of sea ice in the Arctic and Antarctic last month was the lowest on record for January, the U.N. World Meteorological Organization said on Friday, while concentrations of carbon dioxide in the atmosphere hit a January record. "The missing ice in both poles has been quite extraordinary," David Carlson, director of the World Climate Research Programme, told a U.N. briefing in Geneva. "It is a quite strange situation.
Containership Fire Extinguished in South Africa
The joint effort undertaken by a Disaster Management team at the Port of Ngqura has helped to avert a potential maritime disaster and ultimately saved the container vessel APL Austria, which caught fire last weekend. Transnet National Ports Authority, Transnet Port Terminals, the Nelson Mandela Metropolitan Fire Department, South African Maritime Safety Authority (SAMSA), South African Police Services (SAPS)…
The MN100 Edition is Coming
The August 2017 edition of Marine News, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators…
Tony Bon: From Yarn Handler to CEO
January of 2017 saw the retirement of one of the veterans of the Samson family. Tony Bon, CEO through 2015 retired as of December 31, 2016. Bon shares his impressions of the time he’s been with Samson and the high points of both the company and the industry it serves. In the Navy they have an expression to describe a captain that moves up through the ranks: “He came up through the hawse pipes.” Bon’s journey to the corner office at Samson is a similar story.
World’s Largest Plug-in Hybrid Vessel Ordered
Color Line and Ulstein sign a firm contract on construction of the world’s largest plug-in hybrid vessel. Ulstein said it has won a contract to build Color Line’s new hybrid passenger vessel to service Sandefjord – Strømstad from summer 2019. The ship will be constructed at Ulstein Verft in Norway. “It is very gratifying that the Norwegian shipbuilding industry has proven its competitiveness internationally…
ELA Offshore Develops New Type of Container
Offshore managed to deliver all required containers from scratch in only 3 months from project kick-off, including design and development up to turnkey delivery on an offshore converter station in the German North Sea. “To come up with the best suitable container type, especially for Offshore Windfarms, we sat together with our customer, DNVGL and German authorities, who are responsible for the German “Arbeitsstättenrichtlinien (ASR)”…
Another Busy Winter for Fincantieri Bay Shipbuilding
The winter repair season is in full swing at Fincantieri Bay Shipbuilding (FBS) in Sturgeon Bay, Wis., where 16 vessels of various sizes from the Great Lakes bulk carrier fleet are in for winter repair, including five 1,000-foot bulk carriers, eight medium sized ships 600-700 feet long and three tugs. The scope of the repairs is as wide as the variety of ships at dock and include vessel repowering from steam propulsion to diesel…
Iraq Plans to Acquire "Large Fleet" of Oil Tankers
Iraq plans to acquire a "large fleet" of oil tankers to transport the OPEC nation's crude to global markets, Oil Minister Jabar al-Luaibi said in a statement on Friday.
S.Korea Court Declares Hanjin Bankrupt
A South Korean court declared Hanjin Shipping Co Ltd bankrupt on Friday, after ruling earlier this month that the firm's liquidation value would be worth more than its value as a going concern.
France: STX France talks with Fincantieri to Continue
French industry minister Christophe Sirugue said he would meet Italy's Fincantieri in a week's time to discuss its bid for STX France, but added France was still…
Kongsberg Maritime: Reshaping Underwater Operations
Eelume AS has released the first live video footage of its game changing take on underwater intervention vehicles. With the support of Kongsberg Maritime as a development partner…
Hatteland Display Unveils Large Format 4K Screen
Hatteland Display, the leading global provider of display and computer solutions for professional maritime use has expanded its next generation Series X Multi Vision…
Unlockable Feature for Simrad Halo Pulse Compression Radar
Simrad Yachting announced today a new, unlockable add-on feature for Halo Pulse Compression Radar Systems – VelocityTrack. Increasing boater awareness, VelocityTrack…
Boston Whaler debuts '380 Outrage'
Boston Whaler has introduced the all-new 380 Outrage, a powerful vessel that confidently navigates the spectrum of on-water activities. For epic offshore runs or memorable social gatherings…
