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Hijacked Turkish Ship Released by W. Africa Pirates
Pirates have released a Turkish cargo ship with a crew of 24 Indians which they hijacked near Port Gentil off the coast of Gabon in West Africa last week, reports BBC News. Citing officials at Geden Lines, the Turkish company owning the MT Cotton the BBC report that the captain has been asked to move the ship at "fullest possible speed" from its present location at the Gulf of Guinea to a "safe port" in West Africa. It is unclear if a ransom demand was made by the pirates.
CEPSA Boosts Presence in Northwest Spain
CEPSA, with the aim of attending demand of supply in northwest of Spain, said it will start operations during first days of August, at the Ports of Ferrol and La Coruña.
DryShips Ocean Rig Employment Updates
The contract is for five wells or a minimum of 275 days for drilling offshore West Africa, with an estimated backlog of approximately $190 million, and is expectedâŚ
Shipping Registries and Piracy Response
International shipping registries have continued to sharpen their aim taken at a longstanding maritime problem: What is the appropriate response to piracy? As attacks have shifted from Somalia to West Africa, the issue remains at top of mind. Armed guards have proven to be a successful deterrent against attacks. Ship finance and registry lawyer Brad Berman, a Partner at Holland & Knight (H&K), sums up a sea change in views over the past year in views about guns aboard shipsâŚ
Seadrill Ultra-deepwater Newbuilding Contracted to Chevron
Seadrill secures commitment for newbuild ultra-deepwater unit 'West Tellus'. The company has signed a contract with Chevron China Energy Company for the newbuildâŚ
Tugboat 'Fairmount Expedition' Tows OSV into Port Paramaribo
'Fairmount Expedition' delivers offshore support vessel (OSV) 'Harvey Rover' safely in the port of Paramaribo, Suriname after the OSV had engine problems in the South Atlantic. Harvey Rover encountered engine problems while en route from South Africa to Trinidad. Super-tug Fairmount Expedition was in Trinidad when her assistance was required by the owner of Harvey Rover, US-based Harvey Gulf International.
Wärtsilä Make Two Board of Management Appointments
Pierpaolo Barbone (55) MSc (Eng.) has been appointed President of Services, Executive Vice President and member of the Board of Management, effective 1 October 2013. Mr Christoph Vitzthum, who currently heads the Services business, will leave Wärtsilä to become President & CEO of Fazer Group. Mr Barbone joined Wärtsilä in 1996. He has held several management positions within the Services business,âŚ
Piracy Now Rife on West Africa Coast â IMB Report
Somali piracy has fallen to its lowest levels since 2006, focusing attention on violent piracy and armed robbery off the coast of West Africa, the International Chamber Commerce (ICC) International Maritime Bureau (IMB)âs latest global piracy report reveals. Worldwide, the IMB Piracy Reporting Centre (PRC) recorded 138 piracy incidents in the first six months of 2013, compared with 177 incidents for the corresponding period in 2012.
China Shipyard to Build New Sematech Container Ships
UAE-based Simatech Shipping has inked its first containership order after 8 years for up to four 4,350-TEU wide beam boxships with Chinaâs Taizhou Kouan Shipbuilding. The deal for the two firm orders and two optional vessels for delivery from the second half of 2015, marks a shift into a larger size of boxship for Simatech. Simatech chairman and chief executive Mohammad Maghami says the ships willâŚ
Powering Ahead Cleanly
MAN Diesel & Turboâs Thomas S. When TOTE Inc. ordered the worldâs first LNG-powered containerships (which were honored last month in Oslo, winning the DNV-sponsored âNext Generation Ship Awardâ), industry excitement was palpable. For MAN Diesel & Turbo it served as a definitive launch point for its ME-GI Dual Fuel engine, which was soon followed with an order from Teekay LNG Partners to power a pair of LNG Carriers. MR had the opportunity to sit with Thomas S.
Morris Takes the Helm at SAFE Boats
SAFE Boats International (SAFE) said that Dennis Morris has joined the organization as President and CEO. Morris brings with him an extensive background in BusinessâŚ
Energy: Uncertain Outlook for LNG Market
June saw more enquiries than May, and more were converted into fixtures, but Drewryâs LNG freight index was stubbornly unchanged according to the latest LNG Insight.
Cammell Laird Begins âSecond Chapterâ of RFA Cluster Contract
Merseyside shipyard and engineering firm Cammell Laird has formally started the second five year cycle of its biggest single contract. Work began in June 2013 on the second period of Cammell Lairdâs through-life support cluster contract to maintain nine of the 13 ships in the Royal Fleet Auxiliary (RFA) flotilla. The cluster contract was first awarded to Cammell Laird in 2008 and following reviews of performance and value for money the contract was extended for a further five years to 2018.
Mubarak to Build New Shipbuilding Facility in Dubai
Dubai Maritime City LLC (DMC), the world-class mixed-use maritime cluster, announced the signing of long term partnership agreement with Mubarak Marine LLC. The agreement is for the development of an industrial complex project for maritime services, shipbuilding and repair worth AED 130 million. This complex will enable Mubarak Marine to establish their headquarters as well as a major marine workshop and maintenance facility.
CMA CGM upgrades its Round the World Panama Direct Serivce
CMA CGM upgraded its Round the World Panama Direct service from a fortnightly to a weekly frequency, as of September 18, 2013. The new Panama Direct Weekly serviceâŚ
L.A. Coast Guard Welcomes New Leader
A Change of Command Ceremony was held at Reservation Point aboard Base San Pedro, Wednesday for the Coast Guard Maritime Safety and Security Team Los Angeles-Long Beach (MSST LA-LB).
New Support Vessel and GM for Harkand
Harkand said it is pursuing its investment strategy in Asia Pacific with the addition of a multi-million dollar new build ROV support vessel and the appointmentâŚ
Boskalis Sells Stake in Middle East Maritime Contractors
Royal Boskalis Westminster N.V. (Boskalis) has sold its 40% stake in Archirodon Group N.V. Boskalis explain that the possible sale had already been announced in November 2012 after Boskalis was approached by the party in question from the Middle East. The equity interest was partly sold to this party and partly to the existing 60% co-shareholder. Boskalis received a cash sum of USD 190 million for its 40% stake, resulting in a book gain of several tens of millions of euros.
Bibby Appoints New Chief Operating Officer
Bibby Ship Management Group Ltd. appointed Chris Stone as its new Chief Operating Officer. He joined the business on July 1, 2013. Chris will replace Simon Barham who was scheduled to move on from Bibby Ship Management at the end of June. However, Simon has kindly agreed to work a further month to have a managed handover with Chris and will therefore leave at the end of July 2013. Chris has over 30 yearsâ world-wide experience in the maritime and logistics sector having worked in in AfricaâŚ
EMAS Awarded $505 Million in New Projects
EMAS, the operating brand of Ezra Holdings, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, announced thatâŚ