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Wärtsilä to Support Crisis Management Initiative as Lead Partner
Wärtsilä, a leading provider of power solutions to marine and energy markets, has entered into co-operation with Crisis Management Initiative, an independent Finnish non-profit organisation, which works to resolve conflicts and to build sustainable peace. As lead partner, Wärtsilä supports the activities of CMI and creates partnership programmes with CMI in selected areas across the globe. CMI Chairman…
Keppel Receives US$8 Million From QGOG For Early Delivery of Alpha Star
The DSSTM 38 ultra deepwater semisubmersible rig was delivered a record four months ahead of schedule. Keppel FELS Limited (Keppel FELS) has delivered Alpha Star, the second of two DSSTM 38 semisubmersible rigs, to Brazil's Queiroz Galvão Óleo e Gás (QGOG) four months ahead of schedule and with zero lost time incidents. This continues Keppel FELS track record of delivering its rigs on time or ahead of schedule.
SpecTec Group is Proud To Announce Partnership with Mercy Ships
SpecTec continues its 15-year partnership with the Mercy Ships Organisation with the recent donation of AMOS Shipdex Interface (ASI). Shipdex is the International Business Rules (The Shipdex Protocol) developed to standardise the production and the exchange of technical and logistic data within the shipping community (for more info, please, visit www.shipdex.com). AMOS Shipdex Interface is the SpecTec module designed to take the best advantage from Shipdex Protocol datasets.
EURONAV NV Announces Final Year Results 2010
The time charter party of the Cap Victor (2007 -158,853 dwt) with BP and the time charter party of the Fraternity (2009 – 157,714 dwt) with Vitol have been extended with 24 and 12 months respectively. On 10 February 2010, the company took delivery of the newbuilding Suezmax Eugenie (2010 – 157,677 dwt) from Samsung Heavy Industries, Koje Island, South Korea. The vessel, which is owned 50%-50% in joint venture with JM Maritime, is being operated on the spot market.
Maersk Names New Vessel Customised For West Africa
28 March 2011 - A.P. Moller - Maersk is pleased to announce the naming of the first of a series of 22 WAFMAX container vessels currently being built by Hyundai Heavy Industries in Korea. Named after the capital of Guinea, Maersk Conakry and the 21 other West Africa MAX ("WAFMAX") vessels on order from Hyundai will be the largest container ships able to call West Africa. They are also the most fuel-efficient…
120 To 175 Floating Production Systems Forecast Over The Next Five Years
The number of floating production systems in service continues to grow. There are now more than double the number of units ten years ago – 250 units now vs. 120 units in 2001. Order backlog, which now stands at 47 units, will increase the inventory by another 20 percent over the next several years. Planned projects – In a new in-depth analysis of the floating production sector, IMA identifies 194…
Piracy Likely to Escalate into Small Wars Says Expert
It is likely that Somali pirates will soon raise the level of lethal violence with the result that there will be “small wars” on the open sea, according to security expert Casey Christie.
Over-Tonnaging Fears See Confidence Dip Again In Shipping Industry
Overall confidence levels in the shipping industry dropped for the third successive quarter in the three months ending February 2011, to reach their lowest level for fifteen months, according to the latest survey by leading accountant and shipping adviser Moore Stephens. Over-tonnaging and the uncertainty created by political unrest in the Middle East and North Africa were the dominant themes running throughout the responses to the survey…
Seaway Opens 53rd Season, 7% Increase Projected
The St. Lawrence Seaway Management Corporation (SLSMC) predicted that cargo shipments would rise by about seven per cent to 39.1 million tonnes for 2011 as it marked the official opening of its 53rd navigation season on March 22 at the St. Lambert Lock. “Transportation of raw materials serves as a bellwether for the economy as a whole, and despite volatile global economic conditions, we have reason…
MOL upgrades North Europe - West Africa Service
ROTTERDAM, 18 March 2011 – MOL is upgrading its current ARN product to a fixed day weekly service between Europe and West Africa, with excellent connections via Antwerp for Asian and North American cargo. The new service will launch from Hamburg on 6 April, calling Thamesport, Antwerp, Dakar (Senegal), Tin Can (Nigeria), Tema (Ghana), Antwerp, Hamburg. Abidjan will also be included in the schedule when the political situation in the Ivory Coast allows.
Bothelo Joins Wilhelmsen Ships Service
Clarence Bothelo has been appointed as Ships Spares Logistics (SSL) Manager in the Customer Services Department at Wilhelmsen Ships Service for the Africa, Middle East and Black Sea (AMB) regions. Located at the company’s Dubai, UAE office, Clarence is responsible for driving the sales of Wilhelmsen Ships Service’s SSL offer in the AMB region and for building SSL expertise in Customer Services. Ships…
MV Hzannibal II Released from Pirate Control
The Chemical Tanker MV Hannibal II, was released from pirate control on 17 March 2011. The Panamanian flagged vessel was hijacked on 11 November 2010, approximately 860 nautical miles East of the Horn of Africa. The vessel and her crew of 30 are believed to be making for a safe port. The crew members are from Tunisia, Philippines, Croatia, Georgia, Russia and Morocco. The vessel had 31 crew members on board when she was taken but…
Panama Maritime Authority Certifies IMSN¹s Anti-Piracy System, Belize to Evaluate
The International Merchant Marine Registry of Belize will evaluate IMSN's Triton Shield APS aboard a Horizon Lines vessel. Panama Maritime Authority certifies the IMSN's system. Wellsburg, WV (Mar. 14, 2011)- With seafarers' safety and lives at risk, along with the billions of dollars maritime piracy costs the global economy every year, International Maritime Security Network (IMSN) has developed a solution to combat piracy with its Triton Shield Anti-Piracy System (APS).
SAL Schiffahrtskontor Altes Land Puts Heavy Lift Ship in Service
SAL Schiffahrtskontor Altes Land has put the new building MV ‘Lone’ into service. Just three months after the German-based heavy-lift shipping company has sent the MV ‘Svenja’ - the world’s largest heavy-lift vessel - on its maiden voyage, the company’s fleet has now been expanded by a second vessel of the same Type 183. Just like its sister vessel, the heavy lifter was built at Sietas shipyard in Hamburg in six months. It has a lifting capacity of 2,000 tons and a speed of 20 knots.
Which way will container freight rates go? Carriers at crossroads, says Drewry
New Drewry special report examines drivers of container freight rates, provides five year forecasts of major east-west trades and offers suggestions for carriers and shippers on how to smooth pricing volatility. London, UK, 14th March 2011 – Container freight rates go up and then they go down - that’s just the way things are. This almost pathological acceptance that things cannot and will not change…
OilCareers.com Joins Forces With Air Energi To Announce Latest Oil & Gas Workforce Survey
March 14, 2011: Salaries in the global oil and gas industry are to increase throughout 2011 according to a joint report from OilCareers.com, the international job board for the oil and gas industry, in association with partner Air Energi, a global provider of manpower solutions to the energy sector. Focusing on employment and salary trends in the energy sector throughout 2011 the report, entitled ‘The…
USCG Special Statement for Yachts, Somalia Piracy
The International Superyacht Society (ISS) received the following communication from CDR David G. McClellan, Chief, Prevention Operations Department, USCG Sector Miami.
OW BUNKER APPOINTS NEW REGIONAL MANAGER
OW Bunker, one of the world’s leading suppliers and traders of marine fuel, today announced that Jesper Jervild has been appointed to the position of Regional Manager for the Middle East and South Africa. In his new role, Jervild is based in Dubai and is responsible for all of OW Bunker’s activities in this region. Jesper Jervild has been promoted from the position of Branch Manager of OW Bunker South Africa (Pty) Ltd, based in Cape Town, where he has spent the past four years.
Hamburg Süd Christnes Santa Clara in Durban
On Monday, 28 February 2011, Hamburg Süd christened the Santa Clara in Durban, South Africa. She was delivered at Daewoo Shipbuilding & Marine Engineering Co. Ltd.
Hamburg Süd Celebrates Christening of a 7,100 TEU Container Ship
Hamburg, 22 February 2011. On Monday, 21 February 2011, as part of a customer event, Hamburg Süd christened the “Santa Isabel” in Singapore. She is the second of…
Maritime Piracy
Houthi Rockets Wreak Havoc on Middle East Container Shipping
Narco-Submarines: The Hidden Depths of Drug Trafficking
Drug Smuggling on Ships and Submarines: An Escalating Threat
Maersk revises profit forecast upwards due to robust demand and disruptions in the Red Sea.
Global Shipping Carriers Are Feeling the Impact of the War in Ukraine and the Middle East
Maritime Piracy in the Horn of Africa:
Houthis Declare All-Out War on Israeli Shipping, Vowing to Strike Beyond Red Sea
Injustice at Sea: Greek Court Drops Charges in Deadly Migrant Shipwreck
