Container Equipment Prices Put Pressure on Ship Leasing: Drewry
Container equipment rental rates and cash investment returns remain weak, despite last year’s recovery. But an earlier rise in container prices which lifted values…
Damen Shipyards Galati Welders Scoop Awards
Welders from Damen Shipyards Galati in Romania recently took part in the 2018 Arc Cup International Welding Competition in ZhuZhou, China. At the event, the Galati welders excelled…
Indonesian Ferry Carrying 45 Runs Aground Near Singapore Port
An Indonesian-flagged ferry, SRI KANDI 99, ran aground on a rock bund at the southern tip of Pulau Tekong on Monday (9 July) night, according to the Maritime and Port Authority of Singapore (MPA).
Samsung Heavy Industries Delivers New Vessel to Nordic American Tankers
South Korea's Samsung Heavy Industries (SHI) delivered the first new building, named Nordic Aquarius, to Nordic American Tankers (NAT). The Bermuda-based NAT said…
Diana Shipping Signs TC Contract for m/v Maera with ST Shipping
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with ST Shipping and Transport, Singapore…
Diana Containerships Continues TC for M/V Domingo With CMA CGM
Diana Containerships announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with CMA CGM, Marseille…
Hapag-Lloyd AGM Okays All Proposed Resolutions
Hapag-Lloyd AG shareholders approved with the required majority all items on the agenda put to a vote at the Annual General Meeting in Hamburg. This included an…
Azerbaijan Caspian Shipping Carry Out Dredging in Russian Sector of Caspian Sea
The vessels owned by the Caspian Sea Oil Fleet of the CJSC "Azerbaijan Caspian Shipping Company" carry out dredging operation at the Filanovsky field on the basis of a contract with Voltar Marine.
Great Lakes Limestone Trade Surges in June
Shipments of limestone on the Great Lakes totaled 4,052,994 tons in June, an increase of more than 17 percent compared to a year ago, the Lake Carriers’ Association reported.This June also represented the first month in which loadings topped 4 million tons since July 2015.Loadings from U.S. quarries totaled 3.2 million tons, an increase of 16.2 percent compared to a year ago. Shipments from Canadian quarries totaled 815…
Hundreds of Oil Workers Strike in Norway
Hundreds of workers on Norwegian offshore oil and gas rigs went on strike on Tuesday after rejecting a proposed wage deal, leading to the shutdown of one Shell-operated field and helping send Brent crude prices higher.One union said hundreds more workers would join the strike on Sunday if an agreement over union demands for a wage increase and pension rights was not reached.Royal Dutch Shell said that due to the strike it was temporarily closing production at its Knarr field…
Panama, China Start Free Trade Talks, Eye Regional Hub
Panama and China opened free trade talks on Monday with the aim of crafting an agreement that could turn the Central American country into a hub for Chinese goods across Latin America.Panama’s Minister for Trade and Industry Augusto Arosemena said the first round of talks would last until Friday, July 13, and establish the basis for the rest of the negotiation.Traditionally close to Washington because the U.S.
Coastguard Responds to Sinking Vessel Off England
At 4: 30 a.m. Falmouth Coastguard received a mayday call from sinking fishing vessel Nemo, 15 miles south of Salcombe, England.Falmouth Coastguard received all the…
US Navy Sailor Killed in Training
A U.S. Navy Sailor assigned to the Arleigh Burke-class guided-missile destroyer USS Jason Dunham (DDG 109) died from injuries sustained while conducting small boat training July 8.Ensign Sarah Mitchell, 23, of Feasterville, Penn., was medically evacuated to a hospital in Aqaba, Jordan, and was pronounced dead at 12:45 p.m., local time.No other Sailors were injured and an investigation is ongoing.
New Ship Tracking Web App Unveiled
New web application provides enhanced analytics and visibility for satellite tracking of shipping vesselsGeodata ecosystem provider cloudeo has launched a new web app that aims to provide enhanced analytics, visibility and a simpler user experience for tracking the location and identification details of seafaring vessels.The new TimeCaster web app, available for purchase now in the cloudeo store, builds on the TimeCaster geoservices solution…
The EPA's Clean Water Act and Understanding VGP
The Vessel General Permit (VGP) falls under the National Pollutant Discharge Elimination System (NPDES) of the Federal Water Pollution Control Act (FWPCA), better known as the Clean Water Act.
Haas Named COO at CMA CGM America
CMA CGM America has appointed Tim Haas as its new Chief Operations Officer.Haas leads CMA CGM’s U.S. Operations team from its headquarters in Norfolk, Va. He began on June 25, 2018, and he reports to the Ludovic Renou, President of CMA CGM America.Haas has more than 27 years of experience in shipping, terminal operations and executive management. For 21 years, Haas worked at Maersk, including APMT and Sea-Land, taking on a variety of roles in the U.S. and abroad.
BOURBON Signs General Waiver with Lenders
BOURBON announced it has signed a general waiver with its leasers and debt holders representing the majority of its debt, allowing the group to withhold the payments of its loans and the servicing of its debt.The waiver, which is aimed at protecting the group, allows the French based offshore services provider to focus on its operational priorities and on the implementation of its #BOURBONINMOTION…
Italy Refuses Commercial Ship with Migrants on Board
Italy has refused to allow a commercial vessel flying an Italian flag to bring ashore rescued migrants, sticking to a hardline policy on new arrivals as it presses…
The Marine Industry's Top 100 Firms: Is yours one of them?
The application window for this year’s MN100 edition runs out at the end of this week. Only those who apply can be considered for inclusion. The MN100, our August print edition, is our annual look at the best 100 firms in the MarineNews, brown water, workboat space. There will never be a better time for you to tell MarineNews just why your firm is one of the best in the business. All of that – the…
Port Hedland Iron Ore Shipments to China Climb in June
Iron ore shipments to China from Australia's Port Hedland terminal rose 7 percent to 39.69 million tonnes in June from a month earlier, port data released on Tuesday showed.Total June iron ore shipments from the world's biggest export terminal for the steelmaking raw material totalled 47.29 million tonnes, compared with 44.97 million tonnes in May, according to the Pilbara Ports Authority.Port Hedland is used by three of Australia's top four iron ore miners, BHP Billiton , Fortescue Metals Group
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