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Herman Senior Orders Damen Workboat
The Dutch family-owned tug and workboat company Herman Senior BV has ordered its 12th Damen vessel, a Multi Cat 2712. Given the very short delivery time, the new vessel will be officially launched and christened Panda on March 23. Herman Senior has a tradition of naming its ships after famous bears. Based in Dordrecht, Herman Senior serves the dredging market, offshore wind farms and the oil and gas industry…
Asia Tankers-VLCC Rates Falling as Tonnage Outweighs Demand
Freight rates for very large crude carriers (VLCCs), which fell to five-month lows this week, are set to drop further as excess tonnage and an absence of port congestion weigh on the market…
S. African Watchdog Seeks Penalty Against K-Line
South Africa’s competition watchdog is seeking to fine Japan’s Kawasaki Kisen Kaisha (K-Line) as much as 10 percent of its annual revenue in the country for colluding…
IBM, Maersk in Blockchain Tie-up for Shipping Industry
IBM and Danish transport company Maersk said they were working together to digitize, manage, and track shipping transactions using blockchain technology. The technology, which powers the digital currency bitcoin, enables data sharing across a network of individual computers. It has gained worldwide popularity due to its usefulness in recording and keeping track of assets or transactions across all industries.
Polarcus Bags Work in Australia, West Africa
Polarcus Limited has announce that the Company has finalized a contract for 3D marine seismic acquisition in Australia. The program will deliver a high quality broadband…
Asia Dry Bulk-Capesize Rates Pressured Abundant Tonnage
Capesize rates from Western Australia to China at 8-week high; shipowners parking ships off South Africa to stop rates falling. Freight rates for large capesize…
Asia Tankers-VLCC Rates Uncertain on Tonnage Woes
MidEast tanker rates fall to $22,000 a day, below breakeven; 52 VLCCs to be delivered this year, highest since 2011. Freight rates for very large crude carriers (VLCCs)…
Shipowners Caught in the Middle of Free Trade Battle
Protectionism and long hauled free trade negotiations can be an expensive battle for the Danish shipowners, if the market outside the European Union are not included in free trade negotiations.
Palau Ship Registry Opens Piraeus HQ
The Palau International Ship Registry (PISR) has opened a new head office in Piraeus, Greece. Panos Kirnidis, CEO of PISR, said, “We have spent time finding and employing people around the shipping world who add value to our services and come with a sense of dedication we demand. During the years of our operations we have come into contact with many professionals whose skills we now use for our clients.
Mech-Tool Delivers Fire System to DSIC Offshore
Darlington based product manufacturer and global supplier of fire, blast and heat protection systems Mech-Tool Engineering Ltd (MTE) said it has delivered a fully certified ABS fire rated wall system for a Chinese turnkey EPC contractor in offshore construction. The company’s stainless steel A60 fire rated wall system will offer the ultimate protection to personnel on the deep-water semi-submersible rig, BT4000, should they need to use the evacuation lifeboats during an emergency.
Haropa Ports sees double digit maritime trade with India
France-based Haropa port expects maritime trade with India to grow at double digit this calendar year after having reported 7% growth in 2016, said Herve Martel…
NIMASA Repositions as Global Player
Nigeria would be hosting the 3rd Conference of the Association of Heads of African Maritime Administrations (AAMA Conference) in Abuja, at the Transcorp Hilton Hotel…
Greenpeace ship My Esperanza in West Africa
The Greenpeace ship My Esperanza has docked at the port of Praia in Cape Verde. For eleven weeks the Esperanza will sail the waters of six West Africa States - Cape Verde…
Fugro’s Heine Joins IMCA Board
The International Marine Contractors Association (IMCA) has confirmed the appointment of Mark Heine to its governing board. Heine is a senior executive with Fugro.
Asia Tankers-VLCC Rates to Slide Further
Around 30 VLCC charters in Feb so far, versus 50 last month. About 40 refinery facilities to close for maintenance. Freight rates for very large crude carriers (VLCCs)…
Hathon is Director Exploration, Cairn
Cairn announced the appointment of Eric Hathon as Director of Exploration. Dr Hathon, who has more than 25 years experience in the international oil and gas industry…
Vitol buys Angola LNG Shipment
Trading house Vitol purchased a liquefied natural gas (LNG) shipment from Angola's Soyo production facility following a tender, trade sources said. The vessel is…
APM Terminals Pipavav welcomes its largest RoRo carrier
APM Terminals Pipavav welcomed the Hoegh Tracer, one of the world’s largest pure car and truck Carrier (PCTC), and the largest to ever call an Indian port. At 14 decks high…
Maritime Cook Islands Technical Department Reconstituted
Maritime Cook Islands (“MCI”), the international ship registry, hassignificantly enhanced its technical department with a series of senior appointments. The new…
Asbestos on Board
What happens when a solution to one or many obstacles ends up becoming an even larger problem? For seamen, one such problem is asbestos. Asbestos is a natural fiber that was mined for use in construction and household products. It became rapidly popular after others realized it has fire-resistant properties and durability. However, in the 1960s, researchers began to link exposure to this material with cancer, specifically mesothelioma, which can form in the lungs, abdomen or heart.