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.
London to Host Interspill 2018
Now in its 20th year, and following a highly successful and well-received 2015 event in Amsterdam, this year’s industry-leading Interspill oil spill conference and exhibition is due to be held at the ExCeL in London, running between March 13-15. Co-located with the Oceanology International 2018 ocean technology and marine science conference and exhibition, Interspill 2018 provides a valuable forum…
Maersk, Statoil and OECD to Discuss Future Ocean Development
Key figures from Maersk Group, Statoil and the Organization for Economic Co-operation and Development have signed up to discuss future ocean business opportunities, demands and strategies at Opening Oceans Conference 2018 (OOC). The event, Nor-Shipping’s first outside its Norwegian home, will see c-level executives gather in Copenhagen on May 2nd and 3rd to examine how to responsibly realise the huge potential of the ocean…
Samsung Heavy Sells Drilling Rig for $500 Mln
South Korea's Samsung Heavy Industries Co Ltd said on Monday it has agreed to sell a semi-submersible drilling rig for $500 million to an unidentified European company.
BW LNG Tanker to Arrive in Rotterdam on Feb. 18
Liquefied natural gas tanker BW GDF Suez Brussels is due to arrive at the port of Rotterdam on February 18, Reuters shipping data show. The tanker has a capacity of 159,300 cubic metres.
SSY Pacific Capesize Index gain by 432 points
Shipbrokers Simpson, Spence and Young's Pacific Capesize Index gain by 432 points in the week ending Monday to 4,387. "A weekly gain of 432 points lifts the SSY Pacific Capesize Index to 4,387 points. This is 940 points above the year-ago level. An increase in iron ore chartering activity from West Australia led to a significant improvement in the Pacific, with round-voyage rates (180k dwt) rising by $5…
SSY Atlantic Capesize Index gain by 128 points
Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index gain by 128 points in the week ending Monday to 6,825. "After falling to a five-month low last week, the SSY Atlantic Capesize Index rebounded by 128 points from the previous week to 6,825. The premium to the year-ago level climbed to more than 1,300 points. The Atlantic round voyage rate (180k dwt) rose by $800/ day to $15,650/day, while fronthaul rates rebounded by $1,500/day to $25,850/day".
Simwave Maritime Center of Excellence Opens
Simwave B.V. and Kongsberg Digital have completed the Site Acceptance Test (SAT) of one of the largest, most advanced maritime simulation suites ever delivered. The SAT, which took place January 19, means that the new Simwave Maritime Center of Excellence in Barendrecht, Rotterdam is now fully operational. As the sole simulation technology partner in the development of the unique Simwave facility,…
China Plans First Lab on Ocean Oil Spill Cleaning
China's Ministry of Transport is planning to establish a laboratory specialising in treating oil spills at sea, the first of its kind in the country, local media Science and Technology Daily reported on Sunday. China is spending some 200 million yuan a year on researches for emergency treatment of oil spills but the technological expertise has not been widely applied because of lack of such a lab, the report said.
Tug Crewman Medevaced off Key West
The U.S. Coast Guard said it has medevaced a 23-year-old man with vision complications from the tug Tiny Pyne Sunday approximately 9 miles south of Key West, Fla.
Two People Rescued from the Water near Marathon, Fla.
The U.S. Coast Guard rescued two people from the water Sunday after their vessel broke free of its mooring and grounded on Knights Key Shoal near Marathon, Fla.
Hyundai Heavy Bags Canadian Facility Order
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has won a design contract worth about $500 million for a liquefaction unit to be used for Steelhead…
Port of Amsterdam, Titan LNG Contract for FlexFueler001
Port of Amsterdam and Titan LNG have signed a long-term contract for the “home” location of Titan’s bunkering pontoon: the FlexFueler001. This pontoon will be the…
Dagestan Ferry Passes Sea Trials
The ferry vessel Dagestan, which was lifted up for repair in the Zigh ship repair and construction yard of Azerbaijani Caspian Shipping Company has successfully passed sea trials.
Petrobras to join Oil and Gas Climate Initiative (OGCI)
Petróleo Brasileiro SA (Petrobras) has announced its intention to join the Oil and Gas Climate Initiative (OGCI). The company revealed that its CEO, Pedro Parente…
British Ports Chief Calls for Post-Brexit Port Zoning
David Davis at Teesport, the British Ports Association’s Chief Executive, Richard Ballantyne suggested that cross border trade facilitation was being neglected in the negotiations.
Navies Bust $274 million of Heroin
Australian and New Zealand joint forces have seized 915 kilograms of heroin, valued in excess of $274 million, in a counter-narcotics operation in the Western Indian Ocean.
IMO to Promote e-Navigation
Reliable, user-friendly and integrated navigation and communications systems can help with decision making on a ship. That is where e-Navigation comes in. International…
