Rickmers-Linie Sold to ZEABORN
Marking further consolidation in the breakbulk and project cargo sector, Rickmers Group said it has sold its business operations of Rickmers-Linie to ZEABORN. Rickmers-Linie GmbH & Cie. KG and MCC Marine Consulting & Contracting GmbH & Cie. KG, which are both fully-owned by Rickmers Holding AG, reached agreement to sell their respective operating businesses to ZEABORN Chartering GmbH & Co. KG on February 7, 2017.
Navigational Changes Needed at Port of Hamburg
“The Federal Administrative Court in Leipzig has expressly underlined the necessity for the adjustment of the navigation channel with its decision today,” says Jens…
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…
US Imports Growing in First Half of 2017
Imports at the nation’s major retail container ports are expected to increase 4.6 percent during the first half of 2017 over the same period last year as the nation’s economy improves and retail sales continue to grow, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “This is very much in line with what we are forecasting for retail sales and consumer spending this year…
Trump, Trudeau to Discuss Trade on Monday
President Donald Trump will host Canadian Prime Minister Justin Trudeau on Monday, the White House said on Thursday, a meeting in which trade and a major crude oil…
Venezuela Delays Crude Shipments amid Operational Mishaps, Low Output
Venezuelan state oil company PDVSA has delayed and canceled crude deliveries to commercial partners in recent months, according to documents seen by Reuters, a further…
Tugboat Spills Oil in Halifax River
The U.S. Coast Guard is conducted a first-light assessment survey Thursday of a tugboat oil spill on the Halifax River near Ormond-by-the-Sea. The tug Tutahaca was reported to be leaking bilge oil into the river Wednesday. A Coast Guard Air Station Savannah MH-65 Dolphin helicopter crew was directed to launch to conduct an overflight assessment survey of the river. Marine Environmental Response and Sea Tow arrived on scene with the tugboat at approximately 11 p.m.
Australia’s New Ship Simulation Center Opened
A new specialist Ship Simulation Center, based in Atwell Arcade, Fremantle, was officially opened on Thursday, February 9, 2017 by City of Fremantle Mayor Dr. Brad Pettitt. The Australia Ship Simulation Center, owned and operated by HR Wallingford, has moved into new premises from where it will continue to provide expert navigation consultancy and a dedicated pilot training center for Western Australia and the wider region. HR Wallingford UK’s Chief Executive, Dr. Bruce Tomlinson and Dr.
Prosafe Taps Andresen as CEO
Semi-submersible accommodation vessels owner and operator Prosafe has made several changes to its management team. Jesper Kragh Andresen was appointed as Chief Executive Officer (CEO), and Stig H. Christiansen as Deputy CEO and Chief Financial Officer (CFO) of Prosafe Management AS. Georgina Georgiou will continue as General Manager of the parent company Prosafe SE. From 2012 and until recently, Andresen was CEO in Axis Offshore.
Coast Guard Sees Hawaii Illegal Charters Increase
In the last 24 hours, the Coast Guard has identified two tour boats operating illegally out of Pohoiki Boat Ramp and is ramping up enforcement in response to a perceived…
Cammell Laird Awards Coatings Contract for RRS Sir David Attenborough
Subsea Industries’ Ecospeed hull protection system has been selected for RRS Sir David Attenborough, the polar research ship under construction at the Cammell Laird shipyard in Birkenhead, Liverpool, U.K. The £150 million contract to build the vessel, which Cammell Laird won in 2015, represents the biggest commercial shipbuilding contract in Britain for 30 years. The ship has been commissioned by the…
Frontline Says Offer for DHT Remains 'Compelling'
Oil tanker firm Frontline reiterated its all-share offer for smaller rival DHT Holdings on Thursday despite the latter's rejection. Last month Frontline made a non-binding offer to acquire all DHT's outstanding shares in the hope of creating the largest private tanker firm in the world. DHT rejected the offer as "wholly inadequate" on Monday. "We believe that our offer to DHT shareholders is highly compelling since it provides a meaningful upfront premium…
ClassNK Updates PrimeShip-HULL (HCSR) Software
ClassNK has released the latest version of its design support software PrimeShip-HULL (HCSR) Ver.4.0.0., developed in response to the IACS Common Structural Rules…
US Weather Forecaster says La Niña Conditions Have Faded
A U.S. government weather forecaster on Thursday said La Niña has faded and neutral conditions are likely to continue through at least the Northern Hemisphere spring…
Murphy Takes Up Role as Chief Executive of IBIA
The International Bunker Industry Association (IBIA) has introduced its new Chief Executive, Justin Murphy, who akes up his new position from February 13, 2017. From 2013 to 2015, Murphy was CEO of Brightoil Shipping, Singapore and Executive Director at HKSE listed Brightoil Petroleum (Holdings) Ltd, an Energy conglomerate with bunkering and ship owning divisions. Prior to that, Murphy held director and board positions at several firms involved in shipping…
Rolls-Royce Delivers 1000th Azimuth Thruster for Damen
Rolls-Royce has delivered its 1,000th azimuth thruster to Damen in what marks a milestone achievement in a relationship that spans more than 30 years. The 1,000th and 1,001st Rolls-Royce US 255 FP azimuth thrusters, each with a power of 2,525 kW, will be installed to a new Damen ASD2913 tug. Damen’s first ASD tug design with Rolls-Royce U.S. azimuth thrusters was delivered in 1993 but the relationship between Rolls-Royce and Damen goes further back.
Hamburg Elbe Dredging Plan Needs Improvement
Plans to dredge the river Elbe in Hamburg must be improved before a stop order on the work is lifted, a German court ruled on Thursday, raising the risk of more…
Asia Dry Bulk-Capesize Rates could Diverge on Market Conditions
Australia-China rates could climb on improved weather. Brazil-China rates to hold steady, fall on lack of charters. Freight rates for large capesize dry cargo vessels…
Spanish Dock Strike Could Disrupt Key Export Chains
Key export chains in Spain could face major disruption if a long-running dispute between the government and the country's dock workers extends beyond a planned three-day strike next week…
Maersk Line posts $376 mln Loss
Maersk Line reported a 2016 result that is USD 1,679 million lower than the 2015 result (USD 1,303 million). The overriding reason for the loss is a 19% decline in freight rates compared to 2015.