Maritime Industry Top News
Asia VLCC Rates Could Could Climb Even More
Owners see rates climb by nearly $22,000 per day; Rates could peak as more tonnage comes free. Rates for very large crude carriers (VLCCs) on key Asian routes couldâŚ
New Players in Singapore Markets in OW's Absence
The downfall of a leading marine fuel supplier that prompted sellers to tighten credit terms in Singapore is skewing the post-OW Bunker jostle for market share towardsâŚ
NATO Unconcerned by Russian Warships in English Channel
A squadron of Russian warships entered the English Channel on Friday but a NATO official dismissed a Russian media report that they were there to conduct military exercises.
Japan Military Wants China "Crisis Management" Pact
Japan's highest-ranking military officer on Friday urged an early start to a "crisis management" mechanism with China amid conflicting claims to a group of tiny East China Sea islands.
Asian Airlines Pause Before Hedging on Fuel
Oil fell to four-year low of $72 on Thursday; Airlines hope the price will slip below $70 a barrel. Airlines in Asia-Pacific are holding off from hedging their fuelâŚ
USCG Medevacs Man From Sailboat off NC Coast
The Coast Guard medevaced an injured 62-year-old man from his sailboat Thursday approximately 100 miles east of Kill Devil Hills. Watchstanders at the Fifth CoastâŚ
Findland Fairway Due Law
Financial impact on cruise lines, especially on those who have several calls during a season, is considerable.
ESSA's Fleet Upgradation Environmental Driven
State-controlled Exportadora de Sal SA de CV of Mexico ("ESSA"), one of the worldâs largest salt exporters with a 10-million-ton annual production, has strengthenedâŚ
PSA Chairman Receives Belgium Award
On 27 November 2014, PSA Group Chairman Fock Siew Wah was conferred the national distinction âCommander of the Order of the Crownâ from His Majesty King Philippe of Belgium for his meritâŚ
MSC Magnifica Completes Drydocking at Damen Shiprepair
After a very fast and successful 17-day drydocking the cruise ship MSC Magnifica left Damen Shiprepair Rotterdam (part of Damen Shiprepair & Conversion) for HamburgâŚ
Rolls-Royce Bags £12 mi Order from Myklebusthaug Management
Rolls-Royce has won a £12 million order to provide design, integrated power and propulsion systems and equipment for a highly advanced multipurpose service vesselâŚ
DNV GL âModification Excellence Awardâ for Schiffahrt
Classification society DNV GL recognised that E.R. Schiffahrt has retrofitted seven ultra large container vessels to meet the highest energy efficiency standardsâŚ
Sulphur Regulation Enforcement Support Gathers Momentum
Trident Alliance, the shipping industry initiative for robust enforcement of maritime sulphur regulations, broadens its platform as some of Germanyâs and DenmarkâsâŚ
High Seas Becoming Less Secure
Despite the significant reduction in piracy attacks over the last few years it is now widely accepted by the maritime community that the safety of the High SeasâŚ
Kleven Wins New Yacht Contract
Norwegian ship builder Kleven has secured a new contract for a high specification, 116-metre long Expedition Support Vessel. The order is placed by Mr Graeme HartâŚ
EU Regulation on CO2 Reporting a Setback for ICS Efforts
place at the International Maritime Organization (IMO) on the collection of data on CO2 emissions from ships, by unilaterally adopting a regional Regulation which will apply to non-EU flag vesselsâŚ
Worldâs First LNG-Ready Ultra Large Container Ship Named
The race is on in global maritime circles to be the âworldâs firstâ in every aspect of environmental friendliness, particularly in regards to the incorporation of LNG as fuel onboard commercial ships. There was yet another âworld firstâ today in South Korea at the Hyundai Heavy Industries shipyard in Ulsan when United Arab Shipping Company (UASC) named the first ever LNG-ready ultra large container vessel MV SajirâŚ
Wärtsilä Integrated Solutions for Maersk's AHTS Vessels
A new series of six Anchor Handling Tug Supply vessels to be built at the Kleven Verft AS in Norway for the Danish based Maersk Supply Service A/S - part of the A.
USCG Suspend Search for Crabber Near Anacortes, Wash.
The Coast Guard has suspended the search for a crabber reported overdue near Anacortes, Wednesday. Dean Harvey, 48, of Bremerton, remains missing. Search crews spentâŚ
Third Strike, Mansour Is Out
The M/V "MANSOUR M" with IMO number 7600586 has been banned for the 3rd time after subsequent detentions after the second refusal of access order in the Paris MoU region.
