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Cost-Cutting Container Carriers Forge Ahead: Analysis
As freight rates keep declining, cost reductions are the top priority for box carriers, according to Drewry's 2Q14 'Container Forecaster', highlighting that there…
Container Shippers Battle Falling Rates
As freight rates keep declining, cost reductions are the top priority for box carriers. Drewry’s 2Q14 Container Forecaster highlights that there is a widening gap between the positive financials of the few carriers really focused on cutting costs and the rest of the top 20 lines, as they battle with the pressure of falling freight rates. Drewry forecasts that once again, average freight rates will be lower than in the previous year.
INSIGHTS Focus: Robert Kunkel Talks Power and Propulsion
Those MarineNews readers who are not familiar with Bob Kunkel probably should be. That’s because Kunkel, President of Alternative Marine Technologies, previously served as the Federal Chairman of the Short Sea Shipping Cooperative Program under the Maritime Administration and Department of Transportation from 2003 until 2008. He is a past Vice President of the Connecticut Maritime Association, a contributing writer for many maritime and technical trades publications…
ISOA Award Recognizes SCI’s Offshore Outreach
The International Support Vessel Owners Association (ISOA) has made an award to support maritime industry workers served by the Seamen’s Church Institute. The International…
Spectre of European Container Port Congestion: Analysis
The North European ports of Rotterdam and Hamburg are experiencing significant congestion, an echo of the issues last seen around the world during the boom of the…
Historic Great Lakes Shipwreck Possibly Discovered
Steven Libert, president of the Great Lakes Exploration Group, announced he has located what is believed to be the remains of Le Griffon, the first European ship to have sailed the upper Great Lakes. The 45-ton barque carrying seven cannons was built by the legendary French explorer Rene-Robert Cavalier, Sieur de La Salle who was attempting to establish a Northwest Passage through Canada. La Salle…
P&O Cruises’ “Adonia” Joins the Windjammers For the 1st Time
“The Kieler Woche regatta – an international top sailing event and at the same time the biggest summer festival in northern Europe – is setting new standards and…
China Looks to Join Big US-led Pacific Naval Drills
A giant U.S.-led naval exercise began off Hawaii on Thursday with China joining its Asia-Pacific rivals for the first time, but analysts doubted the drills will…
Perils of Heavy Ship Containers Debated
Maritime experts are torn on how to curb the menace of overweight shipping containers, which cause severe accidents at sea and on the roads. The difficulties of resolving false declarations of the weight and content of boxes were underlined during a panel discussion at the WISTA-UK Liverpool Forum. WISTA-UK is encouraging debate on the critical question of container weight. The forum audience was informed that insurers estimate that 20% of containers crossing seas and highways are overweight…
Piracy Offshore Africa: Securing a Continent
The late Nelson Mandela once said: “I dream of an Africa which is in peace with itself.” At the EU-Africa summit in Brussels last month, European leaders urged their African counterparts to facilitate that dream by shouldering more of the security burden in their countries, both onshore and offshore. The summit coincided with reports of renewed piracy activity in the Gulf of Aden; ongoing attacks on shipping in the Gulf of Guinea…
Marine Salvage Saves Time, Money, Lives & the Environment
Though maritime transportation is unequivocally proven as the safest and most environmentally benign means to move goods from ‘point A to point B,’ it is a given that accidents do happen. When they do, having a qualified, competent marine salvage company around can be the difference between minor incident and major tragedy. For insights on the maturation and future of marine salvage sector, MR reached out to the leadership of the American Salvage Association (ASA) for answers.
HAL's World Cruise to Span 45 ports, 25 countries, 6 Continents
When ms Amsterdam departs Fort Lauderdale, Fla., Jan. 5, 2015, the cruise will span 114 days and call at 45 ports in 25 countries on six continents. Offering a refined…
Interview: John Witte - VP, International Salvage Union
Working full-time with Donjon Marine Co., Inc. since 1982, John A. Witte, Jr. is currently Executive Vice President. He oversees the day-to-day operations of Donjon’s Marine Salvage, Demolition, Marine Transportation, Diving, Heavy Lift and Shipbuilding Operations. Witte is also responsible for Donjon’s Regulatory Compliance Program for all marine related activities and has served as Salvage Master on numerous Donjon Salvage projects since 1982.
Titanic & the Launch of a Landmark Safety Agreement
When the RMS Titanic made its debut in 1912, the ship epitomized everything new and advanced about shipbuilding and construction. It was the largest ship of its day, a steel-jacketed vessel that featured cutting-edge safety measures such as 16 watertight compartments, 15 bulkheads and 11 remotely activated watertight doors. The ship had her own waterworks, an electrical power plant more powerful than the then typical city power plant, and two wireless telegraphs.
Disasters at Sea & Their Impact on Shipping Regulation
The history of marine safety is soaked in water and written in blood. “I think that most people will tell you that changes in marine safety are almost exclusively disaster-driven,” agrees Dr. Josh Smith, a professor at Kings Point and interim director of the American Merchant Marine Museum. It hasn’t always been that way. Actually, it’s been worse. Despite some efforts early on to exert some control over shipping practices…
Australian Coal Port $10-bln Extension Shelved
A proposed $10 billion Australian coal port expansion, one of two port expansions planned near the Great Barrier Reef, was shelved by its sponsors on Friday who…
Navigation Campaign Launched at Vankorneft
Rosneft subsidiary Vankorneft has launched the navigation campaign on delivery of nearly 400 thousand tons of cargoes via the Bolshaya Kheta River (left tributary of the Yenisei).
Sunken Barge Near State Marine Reserve Removed
The Coast Guard says it has completed clean up and removal efforts of a barge that sank earlier near Point Conception State Marine Reserve, California. Around 12:15 p.m.
British National Naval Memorial Unveiled
The UK Ministry of Defence (MOD) informs that serving sailors, veterans, cadets and supporters turned out in force to witness the unveiling of the memorial at the…
No Middle Ground for Environmental Lobby
When dealing with the environmental lobby, there’s really only one thing you need to know. The nautical definition of middle ground is a length of comparatively…
