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Discussion at INTERTANKO's Council and Executive Committee meetings in London last week emphasized the depth work by the association and its members since the last Council meeting in April.

02 Oct 2003

IMO’s GloBallast Program Wins

The GEF/UNDP/IMO GloBallast Program, a project, executed by IMO which is aimed at preventing the spread of unwanted alien organisms in ballast water, has won the Institute of Marine Engineering…

07 Oct 2003

CAD/CAM

Scheduled for a September 2003 release, the next major revision of the 3-D product modeling software for shipbuilding and offshore platforms from Albacore Research Ltd.…

10 Oct 2003

ITIC Warns Agents to Beware Crew Smugglers

immigrants by pretending they are joining crew. insurer of transportation professionals. of the leading shipping companies in Bangladesh". Argentina, Chile, Ecuador, Peru and Uruguay. of their choice.

15 Oct 2003

Stolt Offshore Reports 3Q Loss

Stolt Offshore reported a third-quarter loss on Wednesday and said again that its full-year loss could be deeper than previous guidance. Offshore, which specialises in deep-water engineering.

22 Oct 2003

GlobalSantaFe Announces 3Q Earnings

Worldwide oil and gas drilling contractor GlobalSantaFe Corp. reported net income for the third quarter ended September 30, 2003, of $15.1 million, or $0.06 per diluted share…

23 Oct 2003

Vessel: Seabulk Gets 10,850-hp AHTS

Seabulk Offshore added a new UT-710 Anchor Handling Tug Supply Vessel (AHTS) to its fleet, making the 226-ft. Seabulk South Atlantic the fifth newbuild vessel in Seabulk's 2003 fleet renewal program.

06 Nov 2003

vHH Medical Network Cuts Seafarer Healthcare Costs

Anker Crew Liability Insurance of the Netherlands has trimmed around 20 percent off the cost of medical treatment for seafarers falling ill or who are injured in…

06 Nov 2003

Hägglunds Launches New Valve Program

full potential of their Compact brand industrial motors. power range. according to Hägglunds Business Segment Manager Ingemar Borg. completely sealed. marine, industrial and mobile business.

07 Nov 2003

Bisso Marine Loads Water Injection Module onto Vessel

a 300 ft. by 60 ft. by12 ft water injection module. Bisso’s heavy lift derrick barge, LILI BISSO performed the lift. The M/V Triton Vll is owned by Heerema Marine Contractors.

13 Nov 2003

World Seaborne Trade Set for Record Year

World seaborne trade rebounded in 2002 to 5.89 billion tons, exceeding the previous record set in 2000, reports UNCTAD´s Review of Maritime Transport 2003, released recently.

18 Nov 2003

GlobalSantaFe Worldwide SCORE Slightly Down

October 2003 was down 0.2% from the previous month's SCORE. 1981 peak of the offshore drilling cycle. invested. relative condition of rig markets. calculations for the U.S. Southeast Asia.

26 Nov 2003

Xantic and GMPCS Sign Agreement

In a mutually beneficial strategic alliance, satcom provider Xantic has announced the signing of an agreement with GMPCS Communications Inc. for the delivery of…

26 Nov 2003

Nambian Ports Use VTS Systems from Transas

In October 2003, two successful installations of Transas VTS systems were completed in Namibian ports of Walvis Bay and Luderitz. These VTS projects were implemented…

03 Dec 2003

South Africa implements CSI

The U.S. Bureau of Customs and Border Protection issued a Press Release stating that the Container Security Initiative (CSI) has become operational in the port of Durban, South Africa.

03 Dec 2003

Stolt Offshore Sells Drill-Support ROV Business

Stolt Offshore S.A. has signed Heads of Agreement with Oceaneering International Inc. for the sale of its ROV drill support business, consisting of a fleet of Remotely…

09 Dec 2003

New Option Exercised for Ocean Rig

Ocean Rig announced that ExxonMobil has exercised a further option for an exploration well, which is the sixth such option to be declared to the current contract for Leiv Eiriksson…

15 Dec 2003

Concordia Orders New P-MAX Tankers

predetermined price. for delivery in 2005-2006. on double propulsion systems, rudders and steering gear. to be either dredged or closed down. bottlenecks affecting oil transportation.

15 Dec 2003

Smedvig Secures New Tender Rig Contract

Smedvig has been awarded a letter of intent by Total Congo for the self-erecting tender rig T-8. The drilling assignment in Congo, West Africa, has a firm duration of 105 days…

16 Dec 2003

GlobalSantaFe Worldwide SCORE Continues to Show Decline in Semi Market

GlobalSantaFe Corporation reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for November 2003 was down 3.5% from the previous month's SCORE.

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Maritime Piracy

Posted to Maritime Reporter on November 20, 2023

The maritime piracy menace is an old one, but it continues to be a significant threat to the global trade and security of the seas. Piracy is a major challenge today, despite concerted efforts by international organizations to combat this illegal activity. New developments and persistent threats are shaping the current landscape.

Houthi Rockets Wreak Havoc on Middle East Container Shipping

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on January 17, 2024

As the Houthis recklessly launch drone and missile attacks on commercial ships in the Red Sea, carriers and shippers will pay as some marine traffic reroutes around South Africa. Peter Sand, Chief Analyst, Xeneta, discusses with Maritime Reporter TV the cost of the crisis as well as shipping strategies to consider now.

Narco-Submarines: The Hidden Depths of Drug Trafficking

Posted to Maritime Reporter on July 29, 2024

Narco-submarines, the clandestine vessels used by drug traffickers, represent one of the most sophisticated and elusive methods of smuggling drugs across international waters. These semi-submersible and fully submersible crafts are a testament to the ingenuity and resourcefulness of criminal organizations in circumventing law enforcement efforts. This article delves into the history, construction, operation, and interdiction of narco-submarines, highlighting their impact on global drug trafficking.

Drug Smuggling on Ships and Submarines: An Escalating Threat

Posted to Maritime Reporter on July 29, 2024

Drug smuggling has long been a lucrative enterprise for criminal organizations worldwide. With the increasing sophistication of law enforcement agencies and border controls, smugglers are continuously adapting their methods. One of the most challenging trends to combat is the use of ships and submarines to transport illicit drugs across international waters. This article explores the methods, routes, and challenges associated with maritime drug smuggling.

Maersk revises profit forecast upwards due to robust demand and disruptions in the Red Sea.

Posted to Maritime Reporter on May 3, 2024

Shipping group Maersk raised its full-year earnings guidance after reporting first-quarter incomes on Thursday, citing strong demand and higher freight rates as ships cruise for longer to avoid dispute in the Red Sea.The business, viewed as a barometer of world trade…

Global Shipping Carriers Are Feeling the Impact of the War in Ukraine and the Middle East

Posted to Maritime Reporter on March 5, 2024

War tensions in both Ukraine and the Middle East have had an increasingly disruptive effect on the global shipping market. As the ongoing conflicts in these regions continue, the impact has had a butterfly effect on maritime trade, shipping routes…

Maritime Piracy in the Horn of Africa:

Posted to Maritime Reporter on July 26, 2024

The Horn of Africa, strategically positioned at the nexus of global trade routes, has long faced the specter of maritime piracy. The waters off Somalia, in particular, have been notorious for piracy incidents that have disrupted international shipping, imperiled seafarers, and prompted multinational military responses. This region's unique combination of socio-economic, political, and geographic factors has engendered a breeding ground for modern piracy, posing complex challenges for the international community

Houthis Declare All-Out War on Israeli Shipping, Vowing to Strike Beyond Red Sea

Posted to Maritime Reporter ( by Maritime Reporter & Engineering News / Reuters ) on May 21, 2024

In a chilling televised address, Abdulmalik al-Houthi, the leader of Yemen's Iran-backed Houthi rebels, has issued a dire warning to the world: all vessels bound for Israeli ports, regardless of their location, will now be considered legitimate targets.

Injustice at Sea: Greek Court Drops Charges in Deadly Migrant Shipwreck