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MOL Announces GRI
MOL (Mitsui OSK Line) said it plans a general rate increase for all cargo moving southbound from Europe North Continent and Mediterranean to West Africa. The new…
Keppel, First DSS 38 Semisubmersible for Brazil
Keppel FELS Limited is on track to deliver Gold Star, the first of two DSS 38 deepwater rigs to Brazilian operator, Queiroz Galvão Óleo e Gás (QGOG) later this year. Progressing on time and within budget, Gold Star will be the first DSS 38 rig to enter the market and support Petrobras's exploration and production activities. Gold Star was named today by Lady Sponsor, Mrs Fiona Steane, spouse of Mr Christopher Steane, Global Head for Structured Finance of the rig’s financiers, ING Bank.
Updated Best Management Practices Re Piracy
An updated version (Version 2 dated August 2009) of the Industry Best Management Practices (BMP) re piracy in the Gulf of Aden off Somalia has been released to the shipping industry.
MOL Announces GRI on Europe –S. Africa
MOL (Mitsui O.S.K. Line) announced a general rate increase (GRI) on its Europe – Southern Africa trade. “We are committed to maintaining high service levels even during these difficult economic times…
Hamburg Süd: Rio Blanco Christened
On August 23 the Rio Blanco was christened at Burchardkai in thePort of Hamburg. This is the fourth new vessel in a series totaling six container ships of identical design for Hamburg Süd. All of them have a slot capacity of 5,900 TEU, making them the largest vessels in the shipping group’s fleet. The naming ceremony for the Rio Blanco was performed by Nina-Maria Oetker, wife of Dr. h.c. August Oetker, General Partner of Dr. August Oetker KG and Chairman of the Advisory Board of Hamburg Süd.
ShipConstructor in Portugal, Spain & Africa
ShipConstructor Software Inc. (SSI) has increased its presence in Portugal, Spain and Africa with the addition of a new dealer, Vera Navis. Vera Navis (www.veranavis.com)…
NATO Counter-Piracy Enhanced Mandate
NATO’s contribution to international efforts to combat piracy off the Horn of Africa and in the Gulf of Aden entered a new phase on 17 August after the North Atlantic Council (NAC) approved Operation Ocean Shield. This new mission builds on the experience gained during Operation Allied Protector, NATO’s previous counter-piracy mission, and develops a distinctive NATO role based on the broad strength of the Alliance by adopting a more comprehensive approach to counter-piracy efforts.
Dockwise Q2 2009 Results
Dockwise Ltd. announced its second quarter and interim 2009 results. "Dockwise has had a good second quarter, and in quieter market conditions the business is displaying its strengths.
Newest U.S. Navy Logistics Ship Launched
USNS Matthew Perry, which will be the newest ship in the U.S. Navy's Lewis and Clark-class of dry cargo/ammunition ships, was christened and launched Aug.16, during a late afternoon ceremony at the General Dynamics NASSCO shipyard in San Diego. The ship, designated T-AKE 9, is expected to be delivered to the Navy's Military Sealift Command in early 2010 following a series of tests and sea trials. The 689-ft ship slid into the water for the first time as Hester G.
Port of Hamburg Cargo Remains Below Last Year
In the first half of 2009, the Port of Hamburg handled a total of 54.2 million metric tons of seagoing cargo. This represents a drop of 23.7 percent in comparison to the same period in the previous year. Port of Hamburg Marketing, the marketing organization for the Port of Hamburg, reported a volume of 30 million tons of imported cargo, 26.5 percent less than in the last year. Exports were hit less hard, with a total volume of 24.2 tons, falling only 19.9 percent.
Bourbon First Half 2009 Revenues Up
Jacques de Chateauvieux, Chairman and Chief Executive of BOURBON, said, "the oil industry is looking to control capital expenditure and operating costs and this…
FleetBroadband Broadcast Tall Ships Challenge
Stratos Global Corporation announced it has deployed an Inmarsat FleetBroadband mobile satellite system onboard the tall ship Bark Europa to broadcast coverage of…
Global, Flour Agreement, Middle East
Global Industries, Ltd. (NASDAQ:GLBL) announced today that it has entered into an exclusive agreement with Fluor Offshore Solutions, a division of Fluor Corporation (NYSE:FLR)…
Pride International Q2 2009 Results
Pride International, Inc. (NYSE: PDE) reported income from continuing operations for the three months ended June 30, 2009 of $121.8 million, or $0.69 per diluted share.
FLNG Market on Cusp of Stellar Growth
Despite the present economic woes, the Floating Liquefied Natural Gas (FLNG) business is underpinned by compelling long-term fundamentals and is poised to become a major growth sector…
East Africa Gets High-Speed Web
According to a July 23 BBC News report, the first undersea fibre-optic cable, operated by African-owned firm Seacom, connects South Africa, Tanzania, Kenya, Uganda and Mozambique to Europe and Asia.
Acceptance of LOF in U.S. Waters
There is growing acceptance of Lloyd’s Open Form as the optimum contract for response to serious marine emergencies in US waters according to SMIT Salvage. A number of cases over the past few years have provided demonstration of the efficacy of LOF when responding to vessels with a potential to cause significant environmental damage. The effectiveness of the LOF system relates to the fact that the contract, once agreed, gives a set of very clear responsibilities to the salvor.
Autoship Produces the Galatea
Autoship Systems Corporation (ASC) of Vancouver, Canada is pleased to announce the launching of M/V Galatea. Built for the ARPA (Environmental Protection Agency for the Sicily Region), this 78.7 ft research vessel was designed and built using ASC’s entire CAD/CAM software suite. The ASC CAD/CAM suite includes a number of integrated programs, each of which performs specific functions for vessel design and construction.
Premier Oil Buys Vietnam Project
According to a July 20 report from Bloomberg,Premier Oil Plc, the U.K. explorer operating in Europe, Asia and Africa, bought Delek Energy Systems Ltd. out of an offshore project in Vietnam.
Receipts Must Show True Sulphur Content
The International Bunker Industry Association (IBIA) has warned its members of the dangers arising from the failure on the part of some suppliers to put authentic…
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
