Ultra Deep Solution Signs 5-Year Charter for DSCV Andy Warhol
Ultra Deep Solution has gone into a 5 year contract to Charter out the UDS DSCV Andy Warhol announced Shel Hutton, CEO of the company in his Facebook post. The…
Energean Israel Awards Contract to Stena Drilling
Energean Oil & Gas announced that Energean Israel has signed a contract with Stena Drilling for the development drilling of the Karish Field, offshore Israel. Pursuant to the contract…
M/Maritime Adds Olympia, Orders 3 Bulkers in Japan
Olympia GR, a 61,222 DWT Ultramax dry bulk carrier, has been successfully delivered to M/Maritime Corp from Shin Kurushima Toyohashi Shipbuilding Co. Ltd. Recently, the clients of M/Maritime Corp.
Gulf Navigation to Acquire Atlantic Navigation
Dubai-based Gulf Navigation Holding PJSC (GulfNav) is in discussions to acquire a majority stake in Singapore-based Atlantic Navigation Holdings, a provider of offshore marine logistic services.
Hyundai Heavy Industries, KOTC Ink Gas Carriers Deal
Kuwait Oil Tanker Company (KOTC) has signed a contract with South Korean shipbuilder Hyundai Heavy Industries (HHI) for three very large gas carries (VLGC). The three 84…
NYK Signs Charter with EDF LNG Shipping
Japanese shipping company NYK Line announced that it signed a contract with EDF LNG Shipping, a subsidiary of Electricité de France (EDF), to charter a newly built…
Germany, Norway Join HST Strike Group
Two coalition naval vessels arrived at Norfolk naval base Jan. 26 and 28, to conduct training and operations as part of the Harry S. Truman Carrier Strike Group (HST CSG).
Hapag-Lloyd to Commence Middle East-Africa Service
Ocean carrier Hapag-Lloyd will commence a new weekly service between the Port of Jeddah and the east coast of Africa in April. With the East Africa Service (EAS)…
Petrobras Settles Taxes Owed for Vessel Leasing Contracts
Brazil's state-controlled oil company, Petroleo Brasileiro SA, said on Monday it adhered to a federal tax refinancing program to settle taxes owed on vessel leasing contracts.
Tanker Outlook: McQuilling Publishes 2018-2022 Report
In 2017, global ton-mile demand to transport crude and residual fuels increased by 5.4 percent, supported by a 4.9 percent increase in VLCCs (which accounted for 62 percent of the total demand for dirty tankers), according to McQuilling Services’ 2018-2022 Tanker Market Outlook report. Suezmax demand meanwhile accounted for 24 percent of all DPP demand in 2017, 1 percent higher than 2016 due to higher…
Canada’s Asterix Completes Navy Trials
Canada’s first Resolve-Class Naval Support Ship, Asterix, has been formally accepted by the Department of National Defense and has now entered full operational service with the Royal Canadian Navy (RCN) and Royal Canadian Air Force (RCAF) following a period of at-sea trials and testing, announced Davie Shipbuilding and Federal Fleet Services. Asterix performed daily replenishment-at-sea (RAS) exercises…
US-built Survey Vessel Bound for Israel
A new 32’ x 11’ survey catamaran constructed by Washington based boat builder Armstrong Marine for an Israeli engineering firm was launched on January 19 and completed sea trials on January 25. Twin 225hp diesel inboards power the vessel, which also includes a 4.5 kW generator, autopilot and engine compartment fire suppression system. An AC unit, cuddy cabin berth, galley and head with shower are designed to keep crew comfortable.
New 800m Quay Planned in Portugal
Portugal’s Blue Atlantic has released new plans for an 800 meter quay to berth two Panamax vessels showcasing its maritime trade potential. The 96-hectare site for sale in one of Europe’s leading maritime industrial zones is being primed for maritime, ports and logistics investors targeting the Iberian Peninsula and mainland Europe. Blue Atlantic project lead Fernando Fernandes said it offers one of the fastest and most efficient routes in and out of Europe…
Riverboat Touring: Status Quo or Ready to Grow?
If you want to book a plush river cruise vacation in America’s heartland – say on the Mississippi or Ohio Rivers – you can do it. The American Queen Steamboat Company’s website offers as many as 13 river cruises in 2018. Certainly, the ‘bourbon cruise,’ aboard the lavish American Duchess sounds like fun. Or, maybe next year you can sign up for the nine-day ‘Derby Cruise.’ And, next year means 2019 because the 2018 cruise is sold out.
Baydelta Orders Hybrid Tractor Tug
Baydelta Maritime has ordered a new 100-foot, Z-Drive hybrid tugboat from shipbuilder Nichols Brothers Boat Builders (NBBB). Scheduled for delivery in the first quarter of 2019, the new tug will use Rolls-Royce hybrid technology and represents the first installation of a hybrid system for NBBB. The vessel will also be the first hybrid tug designed by Jensen Maritime to enter the construction phase.
Bodies of Three Sanchi Crew Members Identified
The bodies of three of the crew of the Sanchi, the tanker involved in the worst oil ship disaster in decades off the coast of China, have been identified, the Iranian Students’ News Agency (ISNA) reported Saturday. The three crew members identified are Milad Aravi, Majid Naqian and Mohammad Kavousi, the agency reported. The semi-official Fars news agency said that the three were Iranian. The Iranian government is trying to get the bodies of the three crew members back to Iran, according to ISNA.
Bangladesh Inks Deal with Indonesia for LNG Imports
Bangladesh signed an agreement with Indonesia on Sunday to open talks on imports of liquefied natural gas (LNG), as the South Asian country turns to the supercooled fuel to fill a shortfall of domestic natural gas. A letter of intent was signed between two state energy companies, Petrobangla and Pertamina, after a meeting between Prime Minister Sheikh Hasina and Indonesian President Joko Widodo, who arrived in Dhaka on Saturday.
Search Resumes after Eight Survivors of Kiribati Ferry Rescued
New Zealand military planes on Monday were scouring a section of the Pacific Ocean for more survivors from a missing ferry after eight people were rescued from a dingy that was adrift for days.
Baltic Index Snaps Five-day Run
The Baltic Exchange's main sea freight index inched lower on Monday, ending a five-day winning streak, as rates for panamax and smaller vessels eased. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels that ferry dry bulk commodities, shed 5 points, or 0.41 percent, at 1,214 points. The panamax index was down 7 points, or 0.47 percent, at 1,485 points, after rising to over 5-week highs in the previous session.
Rhine Reopened to Shipping as Water Level Falls
Germany's Rhine river was reopened to shipping on Monday after waters fell, following its closure for the past week as rain and melting snow raised water levels, authorities said. High water mostly peaked in north Germany over the weekend, but levels have fallen substantially allowing vessel sailings on the entire stretch, the river flood monitoring agency said. Some vessel speed restrictions, however, remain in north Germany, it said.
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