Top Stories Zim Lines Ship Blocked by Pro-Gaza Protest Unloads

Zim Lines Ship Blocked by Pro-Gaza Protest Unloads »

After four days of delay due to a pro-Gaza protest at the Port of Oakland on Saturday, August 16, 2014, Piraeus, a container ship operated by Israel’s shipping giant Zim Integrated Shipping Lines has been...

August 20 2014 / Comments Off / Read More »
Arrest of STX Mumbai Wrongful, Singapore Court Says

Arrest of STX Mumbai Wrongful, Singapore Court Says »

The High Court of Singapore has upheld a first instance decision striking out the action by Transocean Oil Pte Ltd against the Pan Ocean’s boxship “STX Mumbai” and also set aside the arrest of the...

August 20 2014 / Comments Off / Read More »
SCF’s Tanker First to Transit Northern Sea Route in 2014

SCF’s Tanker First to Transit Northern Sea Route in 2014 »

Sovcomflot Group’s (SCF) Anichkov Bridge is the first large capacity tanker to transit the Northern Sea Route this year. The 47,000 – dwt MR vessel  completed her voyage along the route on August 18, 2014,...

August 20 2014 / Comments Off / Read More »
APM Terminals Records Profit Bump

APM Terminals Records Profit Bump »

APM Terminals delivered an increased profit of USD 223m (USD 179m 2Q 2013) and a return on invested capital of 14.2% (12.8%) in the first six months of 2014. Terminals becoming fully operational, as well as...

August 20 2014 / Comments Off / Read More »
COSCO Reports Strong Profit Growth

COSCO Reports Strong Profit Growth »

COSCO International Holdings Limited has disclosed the unaudited consolidated results of the company and its subsidiaries (COSCO) for the six months ended June 30, 2014. COSCO’s gross profit increased by 29% YOY, while the overall...

August 20 2014 / Comments Off / Read More »
Nanaimo Berths First Container Ship

Nanaimo Berths First Container Ship »

The arrival of the M/V Westwood Pacific at the Nanaimo Port Authority’s Duke Point terminal on August 19 marks the first container ship to berth at the Port’s facilities, providing the Canadian port with a direct link...

August 20 2014 / Comments Off / Read More »
Batangas Incentivized to Unclog Manila

Batangas Incentivized to Unclog Manila »

The Philippines President has approved the reduction of port charges and other vessel-handling related fees at the Port of Batangas and that paid by port operator International Container Terminals Services, Inc. (ICTSI), the Philippine Ports...

August 20 2014 / Comments Off / Read More »
Ocean Container Sector Cutting Its Carbon Footprint

Ocean Container Sector Cutting Its Carbon Footprint »

BSR’s Clean Cargo Working Group’s 2014 “Global Maritime Trade Lane Emissions Factors” report—which provides data from more than 2,900 ships, representing around 85 percent of global ocean container capacity—indicates that average carbon-dioxide emissions for global...

August 20 2014 / Comments Off / Read More »
Headlines

Interview: Liverpool2 Going Full Steam Ahead »

Interview: Liverpool2 Going Full Steam Ahead

The United Kingdom-based Peel Group launched an unprecedented Ocean Gateway Project in 2008, announcing more than 50 projects over 50 years with £50 billion...

Aug 20 2014 / Comments Off / Read More »

Star Bulk on Vessel Shopping Spree »

Star Bulk on Vessel Shopping Spree

Star Bulk Carriers Corp. announced today that it has entered into definitive agreements with Excel Maritime Carriers Ltd.  to acquire 34 operating vessels for...

Aug 19 2014 / Comments Off / Read More »

Honghua Offshore Ropes In Massive Contracts »

Honghua Offshore Ropes In Massive Contracts

Hong Kong-listed Honghua Group has disclosed that its wholly owned subsidiary Honghua Offshore Oil & Gas Equipment  (Honghua Offshore) entered into an agreement with South...

Aug 18 2014 / Comments Off / Read More »

Nordana Returns to Taizhou Sanfu for More »

Nordana Returns to Taizhou Sanfu for More

Danish owner Nordana has ordered eight multi-purpose (MPP) heavy lift vessels from Taizhou Sanfu Ship Engineering. Designed by Shanghai Merchant Ship Design and Research Institute...

Aug 18 2014 / Comments Off / Read More »

Readers’ Picks of the Week (Aug 11 – 15, 2014) »

Readers’ Picks of the Week (Aug 11 – 15, 2014)

Lilly Johanne Capsizes in Turkey Lilly Johanne, a live fish carrier, capsized in Celiktrans shipyard in Tuzla, Turkey, on August 7, iLaks reports …Read...

Aug 17 2014 / Comments Off / Read More »

ABC Maritime Orders Four from Chinese Yard »

ABC Maritime Orders Four from Chinese Yard

Switzerland-based  owner ABC Maritime has ordered construction of four 4,900dwt asphalt carriers. The carriers will be built by Chinese yard AVIC Dingheng Shipbuilding. The...

Aug 15 2014 / Comments Off / Read More »

Chinese Ship in Quarantine over Ebola Fears »

Chinese Ship in Quarantine over Ebola Fears

A Chinese-flagged ship  heading  from Sierra Leone to Cape Verde was put in quarantine in Sao Vicente yesterday so as to make sure the...

Aug 15 2014 / Comments Off / Read More »

Fourth Set of Locks on Panama Canal Imminent? »

Fourth Set of Locks on Panama Canal Imminent?

As the long-awaited $5.3 billion expansion of the Panama Canal nears completion, industry players fear that fundamental changes will not be made as the...

Aug 15 2014 / Comments Off / Read More »

Cosco Notches Bulker Duo Order »

Cosco Notches Bulker Duo Order

Cosco (Zhoushan) Shipyard Co., Ltd has secured a contract valued over USD 56 million from an Asian buyer to build two 64,000DWT bulk carriers, Cosco Corporation...

Aug 13 2014 / Comments Off / Read More »

Scorpio Enters Boxship Market with Style »

Scorpio Enters Boxship Market with Style

Scorpio Group, Monaco-based owner of tankers and bulk carriers, has secured charter agreements for its three 19,200 teu containerships to be built by Samsung...

Aug 13 2014 / Comments Off / Read More »




Also in the news

Future of Canadian Ports on ACPA’s Agenda »

Future of Canadian Ports on ACPA’s Agenda

Canada’s Port Authorities have gathered in Belledune, NB, for the Association of Canadian Port Authorities’ (ACPA) annual conference to plot Canada’s economic course through these changing maritime trade winds. The agenda includes intense discussions about the economic importance of ports and their position at the centre...

Aug 20 2014 / Comments Off / Read More »

Hartmann Reederei Ushers In New Vesel Type »

Hartmann Reederei Ushers In New Vesel Type

A unique, new type of vessel has been developed, the Ethylene Carrier ECO STAR 36K with “Svelte“-bow design. The design has been developed by Hartmann Reederei of Leer In co-operation with engineering consultants HB Hunte Engineering. As described by Hartmann, the new vessel type differs...

Aug 20 2014 / Comments Off / Read More »

US Navy Eyes Lockheed Martin’s Exoskeletons »

US Navy Eyes Lockheed Martin’s Exoskeletons

US defence contractor Lockheed Martin has received a contract through the National Center for Manufacturing Sciences (NCMS) for the U.S. Navy to evaluate and test two FORTIS exoskeletons. This marks the first procurement of Lockheed Martin’s exoskeletons for industrial use. Terms of the contract were...

Aug 20 2014 / Comments Off / Read More »

USCG Issues New Interim OSV Rule »

USCG Issues New Interim OSV Rule

The U.S. Coast Guard on Tuesday issued an interim rule regarding regulations to mitigate the risk created by the removal of the statutory size limit previously placed on offshore supply vessels. The regulations were effective immediately upon publication in the Federal Register. The Coast Guard...

Aug 20 2014 / Comments Off / Read More »

McDermott to Work on Andarko Spar’s Decommissioning »

McDermott to Work on Andarko Spar’s Decommissioning

McDermott International said that one of its subsidiaries has entered into an agreement with Anadarko Petroleum Corporation to provide construction and decommissioning support services on the Red Hawk project. McDermott will supply its Derrick Barge 50 (DB50), for decommissioning support of the Red Hawk spar...

Aug 20 2014 / Comments Off / Read More »

USCG Rescues 164 Migrants in One Week »

USCG Rescues 164 Migrants in One Week

The U.S. Coast Guard rescued 64 Cuban migrants and 100 Haitian migrants during a busy week of illegal maritime migration attempts from Cuba and Haiti into the United States. The 64 Cuban migrants were repatriated last week following three separate interdictions at sea in the...

Aug 20 2014 / Comments Off / Read More »

UPDATE: Sunken Cargo Was Bound for EnBW Baltic 2 Wind Farm »

UPDATE: Sunken Cargo Was Bound for EnBW Baltic 2 Wind Farm

The offshore wind farm turbine parts that sank last Wednesday, together with the barge they were loaded on while under tow in the Baltic Sea, were intended for EnBW’s Baltic 2 offshore wind farm. The sunken barge was carrying 4 working platforms for the EnBW...

Aug 19 2014 / Comments Off / Read More »

Canada’s Marine Ports Key for Trade Growth »

Canada’s Marine Ports Key for Trade Growth

Canada’s Minister of Transport Lisa Raitt announced changes that will allow all Canada Port Authorities (CPAs) to enter into long-term lease agreements and use the lands they manage to generate increased revenues to support future port plans at the 56th annual conference of the Association of...

Aug 19 2014 / Comments Off / Read More »

Avance Newbuilds Burning Again »

Avance Newbuilds Burning Again

Avance Gas Holding Ltd  has been informed that there has been another fire incident involving cargo tank no. 3 on board hull 1074 under construction at Jiangnan Changxing Heavy Industry shipyard in China. No casualties or injuries have been reported, and the cause of the...

Aug 19 2014 / Comments Off / Read More »

 

Popular articles

VIDEO: Mary Maersk Hits World Record »

VIDEO: Mary Maersk Hits World RecordMaersk Line’s Triple-E vessel has set a world record by carrying 17,603 twenty-foot equivalent units (TEU) between Europe and Asia. The record was set on...

Aug 20 2014 / Comments Off / Read More »

VIDEO: USCG Cutter James Christened with Champagne Splash »

VIDEO: USCG Cutter James Christened with Champagne SplashThe U.S. Coast Guard’s fifth cutter James (WMSL 754) was officially christened by Charlene James Benoit on Saturday, August 16, 2014, at Ingalls Shipbuilding in...

Aug 20 2014 / Comments Off / Read More »

Image of the Day: Ocean Alden Testing the Water »

Image of the Day: Ocean Alden Testing the WaterAtlantic Offshore’s offshore supply ship Ocean Alden conducted a towing test with Siddis Supplier, at the Gjøa field. Norway-flagged Ocean Alden was built in 2011for...

Aug 19 2014 / Comments Off / Read More »
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