Workboats & SUB M: July 20, 2018 & Beyond
The bottom line is 46 CFR Subchapter M is drastically changing the landscape of towing operations within the United States. Some impacts we have identified and other will come to light as time passes.As the Subchapter M compliance deadline approaches on July 20, 2018, I have had the chance to discuss these new laws and their impact with a variety of Assured’s with diverse backgrounds and widely varying commercial tug operations.From my experience…
MarAd: Buzby in Hanoi for Meetings
On July 11-12, 2018, Maritime Administrator Mark Buzby met with ‎the Vietnam Maritime Administration\\'s (VINAMARINE) Administrator Dr. Nguyen Xuan Sang and Deputy Administrator Dr. Bui Thien Thu in Hanoi, Vietnam. This meeting, under the implementation of the US-Vietnam Bilateral Agreement, included discussions on the topics of maritime policy, vessels safety and security, port infrastructure development, maritime workforce and mariner training.
W&O Opens New Office in Singapore
W&O opened a new office in Singapore, signaling its expansion in the Asia Pacific region. The company said the move into Singapore is an important milestone in expanding the global support network for its customers, as it now has 18 branches and additional 5 distribution points, strategically located to support customers operating globally. “W&O has been exploring options to broaden our footprint into the Asia Pacific maritime industry…
Bay Ship to Build First Hydrogen Fuel Cell Passenger Vessel
California based shipbuilder Bay Ship and Yacht Co. said it has won a contract to build the first hydrogen fuel cell passenger vessel in the U.S. for Golden Gate Zero Emission Marine (GGZEM), a Bay Area company on a mission to eliminate maritime pollution.The zero-emission vessel is expected to be delivered and in service by September 2019 as a first of its kind in the U.S. The 70-foot, all-aluminum ferry will operate on the San Francisco Bay…
Strong Capesize Earnings Push Baltic Index Higher
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday, driven by strong capesize rates.* The overall index - which factors in rates for capesize, panamax and supramax shipping vessels - rose 46 points, or 2.9 percent, to 1,632 points.* The capesize index was up 248 points, or 8.9 percent, at 3,041 points.* Average daily earnings for capesizes…
Multipurpose Cutter Suction Dredger Delivered in UAE
Dredge Yard delivered a multipurpose cutter suction dredger ECO 200 to a real estate developer in the United Arab Emirates for the reshaping and maintenance of existing islands. The dredger, delivered completely assembled and launched into the water by mobile crane, will be used for connecting some of the islands and deepening the sea entrance between the islands.Due to current and erosion, the coast of the islands changes with the years.
Cargo Ships De-listed After Crimea Grain Trades
At least two countries have struck cargo vessels off their registries in recent weeks after the ships were involved in transporting grains from Crimea to Syria, maritime officials told Reuters.Crimea has been under Western sanctions since it was annexed from Ukraine by Russia in 2014 and has been frozen out of many export markets. That leaves Syria, which has also been targeted by sanctions, as an ideal trading partner for Crimea…
Thailand Suspends Salvage Effort in Tourist Boat Disaster that Killed 46
Thailand suspended efforts on Thursday to salvage a boat that capsized and sank off its resort island of Phuket, officials said, putting the death toll in its worst…
Damen Starts on Dredging System
Damen began work on the construction of a dredging system for the first Marine Aggregate Dredger (MAD). This vessel, which is being built at Damen Shipyards Galati in Romania for Cemex UK Marine Ltd., is designed to extract sand and gravel from the sea bed at depths of up to -55 meters.According to the builder CEMEX asked Damen to develop a system with no inboard dredge pipework, something which has never been done on a vessel of this size before.
Photo of the Week
On the bridge on open sea.Herbert Boettcher took this photo for Hamburg Süd when he travelled on the container ship Cap San Antonio from Europe to South America and back to Hamburg. Boettcher started with his worldwide long time project Seamotion in 2004. Boettcher is a German professional photographer working worldwide for shipping companies to create photos of merchant ships with his unique visual language.
US Oil Exports to India Soar Ahead of Iran Sanctions
U.S. crude oil exports to India hit a record in June and so far this year are almost double last year's total as the Asian nation's refiners move to replace supplies from Iran and Venezuela in a win for the Trump administration.U.S. President Donald Trump's administration has been pressuring its allies to cut imports of Iranian goods to zero by November and India's shift advances the U.S. administration…
SeaBird Exploration Acquires Geowave Voyager
SeaBird Exploration announced it is in an exclusive process to acquire the seismic vessel Geowave Voyager and certain seismic equipment from Exploration Vessel Resources II AS…
DP World Threatens Legal Action Over Djibouti Port Row
DP World threatened legal action against Djibouti after the government of the Horn of Africa nation ended a contract this year with the Dubai-owned firm for running a port facility, the company's spokesman said on Thursday.Djibouti ended the contract in February with DP World to run its Doraleh Container Terminal.The Dubai-based company said it issued its statement after "reports of the opening of the first phase of the Chinese built International Free Trade Zone, in violation of DP World's excl
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