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
Bourbon CFO Resigns
French offshore services provider Bourbon Corporation announced the resignation of Astrid de Bréon from her position as Chief Financial Officer from July 11. Since her arrival on the 1st of February…
Thoresen Thai Agencies Sells Bulk Carrier
Thoresen Thai Agencies Public Company reported the sale of M.V. Thor Enterprise, a general cargo vessel with a rated capacity of 42,529 deadweight ton (DWT) built in 1995.
New Premises for Damen Marine Components
Damen Marine Components Netherlands (DMC NL) has laid the first foundations for its new premises in Hardinxveld, the Netherlands. Construction of new buildings reflect…
IMO’s Cape Town Agreement on Protecting Fishers’ Lives
International Maritime Organization (IMO)'s Cape Town Agreement on fishing vessel safety needs to be ratified and implemented in order to save fishers’ lives. This…
OIG Group Sells MV Blue Giant
Bremen-based shipping company Harren & Partner announced the acquisition of the offshore construction vessel, MV Blue Giant for an undisclosed price from the English operator, OIG Group.
Indian Ports Register 3.91% Growth
The major ports in India have recorded a growth of 3.91% and together handled 174.02 Million Tonnes of cargo during the period April to June, 2018 as against 167.48…
Cruise Ship Passenger Dies after Going Overboard
A cruise ship passenger who went overboard near the Strait of Juan de Fuca has been pronounced dead.The U.S. Coast Guard said the 73-year-old male was unresponsive when he was recovered by a helicopter rescue crew from the water near the west coast Canada/U.S. border.The overboard passenger was transferred to local Emergency Medical Service personnel waiting on shore and then to the Olympic Medical…
REGULATORY WATCH: The Global 0.50% Sulfur Cap: 30 months and counting down …
Industry frets about the coming deadline. Shipping desperately wants to be ready, but will global shore-based infrastructure and refining capacity match the demand that is sure to come? And … are regulators listening to industry’s concerns? In early June, the U.S. Coast Guard (USCG) and U.S. Environmental Protection Agency (EPA) held a public workshop in Washington to help the agencies prepare for the January 1…
Gladding-Hearn Delivers Pilot Boat in Virginia
The Virginia Pilot Association has taken delivery of a Chesapeake class MKII launch from Gladding-Hearn Shipbuilding. The MKII, a new generation of the shipyard’s Chesapeake class launch, is the Virginia pilots’ eighth Gladding-Hearn pilot boat.The Somerset, Mass. shipyard has delivered 20 Chesapeake class pilot boats throughout the U.S. since introducing the series in 2003. The latest improvements incorporate the performance benefits of Volvo Penta’s IPS 3 pod system…
Nakilat Grows Profits 9%
Nakilat announced its financial results for the first half of the year ended June 30, 2018, with the company achieving a net profit of QR 445 million compared to QR 409 million during the same period in 2017, an increase of 9 percent.The company observed positive developments despite the challenging market conditions in the maritime sector over the past year. Nakilat continued to pursue its long-term…
Shipping’s Half Year Report: Extra Classes Needed?
With the industry hoping for better “grades” after the “effort” of recent years, this week’s Analysis updates our half year shipping report showing a ClarkSea Index up 9% y-o-y but still below trend since the financial crisis (see Graph of the Week). After comments of “must do better” and “showing potential” in recent years, do the statistics suggest “extra classes” will again be needed over the summer holidays?Progress But No Time To Relax!Our ClarkSea Index (comprising tankers…
GTT Bags LNG Carrier Tank Design Order
GTT has received a new order from South Korean shipbuilder Samsung Heavy Industries (SHI) concerning the tank design of a new 174,000 m3 liquefied natural gas (LNG) carrier…
Vigor Delivers Third Passenger Ferry to San Francisco
Argo is now in operation on the Alameda/Oakland routes in San Francisco.Vigor recently delivered Argo, the third of four all aluminum, 400 passenger ferries to the…
Actisense Expands Its PRO Range
Actisense has officially launched the latest addition to its PRO range at Seawork International in Southampton.Reaching out to the world’s commercial marine market, Actisense in Poole has officially launched the PRO-MUX-1 at the 2018 Seawork International Exhibition commercial maritime exhibition and conference in Southampton. The PRO-MUX-1 is a Professional Multiplexer designed to provide isolation on all inputs and outputs so that connected devices safely avoid hazardous ground loops…
