Rare Gasoline Exports Underway from Bloated East Coast Stocks
Traders prep rare East Coast gasoline exports; cargoes already sailing with exported distillates. Traders are preparing to export cargoes of coveted gasoline from the U.S.
First Meet of Arctic Economic Council held
A meeting of the Arctic Economic Council (AEC) was held in Saint Petersburg on the premises of SCF Arctic, a subsidiary of Sovcomflot Group (PAO Sovcomflot), on 7-8 February 2017.
Litter Levels in the Arctic Depths On the Rise
The Arctic has a serious litter problem: in just ten years, the concentration of marine litter at a deep-sea station in the Arctic Ocean has risen 20-fold. This…
Improved Demand Easing Dry Bulk Vessel Oversupply
With contraction in vessel supply and healthy demand growth, the dry bulk shipping market is expected to recover from 2017 onwards, according to the latest edition of the Dry Bulk Forecaster…
Port Traffic Surges at Long Beach
Renewed activity at the Port of Long Beach’s largest terminal and extra ships calling ahead of the Lunar New Year pushed cargo 8.7 percent higher in January compared to the same month a year ago.
Wärtsilä joins battle against ocean plastics
The Finnish technology group Wärtsilä has signed an agreement with the Seabin Project to join their global pilot programme, which addresses the worldwide littering problem affecting our oceans.
U.S. Navy to Christen LCS Tulsa
The Navy will christen its newest Independence-variant littoral combat ship, USS Tulsa (LCS 16), during a 10 a.m. CST ceremony Saturday, Feb. 11 in Mobile, Alabama.
U.S. Navy College Program App for Mobile Devices
A new application for mobile devices which allows Sailors on-the-go access to many features of the Navy College Program (NCP) is available as of Feb. "The Navy College…
Diana Containerships Charters Post-Panamax to Hapag-Lloyd
Diana Containerships Inc. today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Hapag-Lloyd AG, Hamburg…
Transocean's contract backlog $11.3 Bln on February 9
Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of and contract information for the company's fleet of offshore drilling rigs.
Hyundai Heavy Back in the Black
The South Korean shipbuilder Hyundai Heavy Industries (HHI) has reported a net profit of KRW 682.3 billion (USD 596.6 million) for the full year of 2016, returning…
Marine Contracts Hits Low, Says Wartsila's CEO
In the marine markets, contracting activity fell to an exceptionally low level, Jaakko Eskola, President & CEO, Wärtsilä said in the annual report 2016. The majority…
India Spends $ 20 mln towards Clean, Green Ports
Under the Green Port Initiative (Swachh Bharat Abhiyan), the shipping ministry of India has identified 12 activities to make the Major Ports more clean and green from the environment perspective…
DNV GL’s New Veracity Industry Platform Unlocks Potential of Big Data
DNV GL is launching a new industry data platform – “Veracity” – to help the maritime industry improve its profitability and explore new business models through digitalization.
New Bill to Enrol Non-Mechanical Propelled Vessels in India
Jal Marg Vikas Project (JMVP) being implemented with technical and financial assistance of the World Bank envisages preparation of Disaster Management Plan (DMP)…
Wilhelmsen Reports Positive Results
2016 ended for Wilh. Wilhelmsen with an improvement in transported volumes, which had a positive effect on total income for the fourth quarter. Adjusted for non-recurring items…
Ship Breaking Hazardous Waste Disposed off Safely at Alang Yard
All the hazardous waste generated in ship recycling at Alang are being disposed off in safe and environmentally sound manner in Gujarat Pollution Control Board authorized Treatment…
Viega Debuts ProPress Zero Lead Ball Valves
Viega has introduced its line of Viega ProPress Zero Lead Ball Valve press x hose thread for copper fittings. The bronze ball valves are full port and designed for potable water applications. The ball valves are available in 1/2" and 3/4" press sizes and 3/4" hose sizes. Other features include a lockable metal handle, stainless steel ball and EPDM sealing element. The Viega ProPress for copper system is available in more than 600 fitting configurations, in sizes ranging from 1/2" to 4".
First US-built Rotortug Enters Service
The first U.S.-built Rotortug, ART Trident, has undergone trials and is now in service. Designed by Robert Allan Ltd., and designated as an ART 80-98US, she was built by Master Boat Builders in Bayou La Batre, Ala., and is the first in a series of three being constructed for Seabulk Towing of Ft. Lauderdale, Fla. The ART (Advanced Rotortug) designation applies to Robert Allan Ltd. designed tugs featuring the triple Z-drive configuration, originally conceived and developed by Rotortug (KST) B.V.
NTSB Reports on Safety Risks in Shared Waterways
The National Transportation Safety Board issued a report Thursday identifying the risks associated with the shared use of America’s Marine Transportation System by recreational and commercial vessels. The growth of both commercial and recreational vessel traffic during the last several decades is a significant risk factor. The number of canoers, kayakers and standup paddleboarders increased by nearly 22 percent between 2008 and 2014.
