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Port Hedland Deckhands Back Industrial Action

Port Hedland Deckhands Back Industrial Action

Deckhands in Port Hedland have voted to take industrial action, after failing to negotiate a new Enterprise Bargaining Agreement with tugboat operator Teekay Shipping.   In a secret ballot conducted by the Australian Electoral Commission, 98% of Maritime Union of Australia members voted to take action. The members endorsed an unlimited number of 2 hour […]

Nigeria Boosts Safety in Its Waters

Nigeria Boosts Safety in Its Waters

The Nigerian Maritime Administration and Safety Agency (NIMASA) has assured stakeholders in the maritime sector of safety on Nigeria’s waterways with the take-off of its 24-hour Satellite Surveillance Centre in Lagos, which will help curb piracy.   Addressing a world press conference on Wednesday, July 23, 2014, the Director General of NIMASA, Ziakede Patrick Akpobolokemi […]

Crowley First to Order Mitsui’s ME-GI Engines

Crowley First to Order Mitsui’s ME-GI Engines

Mitsui Engineering & Shipbuilding Co., Ltd.  has received the first order for electronically controlled gas injection diesel engine (ME-GI) from Crowley Maritime Corporation.   MAN B&W 8S70ME-C8.2-GI will be installed on 2 x 2,400 TEU + 400 vehicles ConRo ships to be built by VT Halter Marine Inc. ME-GI is a diesel cycle dual fuel engine based […]

Capital Product Orders Big

Capital Product Orders Big

Capital Product Partners L.P. has entered into a Master Vessel Acquisition Agreement with its sponsor Capital Maritime for three newbuild Daewoo 9,160 TEU eco-flex containerships at USD 81.5m for each vessel, and two newbuild Samsung eco medium range product tankers at USD 33.5m each.   The three containerships and two product tankers are expected to be delivered to […]

Christening of LNG Hybrid Barge Set for SMM

Christening of LNG Hybrid Barge Set for SMM

Visitors of this year’s SMM trade fair in Hamburg will be given a special treat, as an LNG Hybrid Barge is scheduled to be christened during the fair, Hamburg-based Becker Marine Systems announced.   “We have developed special drive systems for this and are happy to be presenting our LNG Hybrid Barge at SMM,” said […]

Update: Slowly but Surely Concordia Convoy Pushes Ahead

Update: Slowly but Surely Concordia Convoy Pushes Ahead

After approximately 30 hours of navigation, the Concordia has travelled for 63 nautical miles at an average speed of 2 knots. At the moment, the convoy is located between Isola d’Elba and Corsica, the salvage team informed last night.   The sea was said to be calm, accompanied by a North/North East wind with a […]

Fleet Clear-Out at Frontline

Fleet Clear-Out at Frontline

Frontline Ltd. has agreed with Ship Finance International Limited to terminate the long term charter parties for the 1999 built VLCCs Front Opalia, Front Comanche and Front Commerce. Ship Finance has simultaneously sold the vessels to unrelated third parties.   The charter parties are expected to terminate in the fourth quarter of 2014. The decision […]

Van Ord Boasts Order Intake

Van Ord Boasts Order Intake

Van Oord has won two orders in Brazil and the Bahamas, worth a combined worth EUR 100 million ( USD 134.6 million).   The activities involve dredging work for the construction of a new shipyard in Aracruz, Brazil. The client is Estaleiro Jurong Aracruz (EJA), a Brazilian subsidiary of Sembcorp Marine’s Jurong Shipyard from Singapore. […]

Singapore Sees New Eco Partnership

Singapore Sees New Eco Partnership

American Bureau of Shipping (ABS), a provider of global marine and offshore classification services, and the Maritime and Port Authority of Singapore (MPA) signed a memorandum of understanding (MOU) today to promote maritime research and development (R&D) and innovation.   Over the next five years, ABS and MPA will collaborate on maritime R&D in the […]

Euronav: VLCC and Suezmax Rates Recovering

Euronav: VLCC and Suezmax Rates Recovering

Suezmax rates have reached their highest level since January 2014, said Paddy Rodgers, CEO at Euronav, Belgium-based tanker owner and operator, adding that crude oil tanker rates should remain strong in the coming months due to positive seasonal demand factors and improving underlying supply/demand fundamentals.   “The second quarter was dominated with one of the […]

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