Category archives for: Company News

Fire Kills FSO Chief Engineer

Fire Kills FSO Chief Engineer

Engine room fire that broke out on Pertamina-owned Cilacap/Permina Samudra 104 floating storage and offloading (FSO) killed the chief engineer Purwo Hadi Wibowo, whose body was found in the engine room at 9 pm Jakarta time yesterday unit has suffered extensive damage following an engine room fire, IHS Maritime 360 reports. Cilacap/Permina Samudra 104 , carrying 45,000 […]

VIDEO: Future USS John Verner Ready for Final Touches

VIDEO: Future USS John Verner Ready for Final Touches

The Virginia-class submarine John Warner (SSN 785) was launched into the James River on Sept. 10 at the Huntington Ingalls Industries’Newport News Shipbuilding division, kicking off the final outfitting, testing and crew certification phase of construction prior to sea trials next year. John Warner will be the sixth Virginia-class submarine to be delivered to the […]

How Will Scottish Independence Impact Maritime Industry?

How Will Scottish Independence Impact Maritime Industry?

The long-awaited vote on the Scottish independence taking place today has seen international maritime players raise concern on the possible effects of the vote on the Scottish maritime industry. According to Moore Stephens’s recently conducted survey of the international shipping community members on the impact of the vote, over half of respondents (55 % ) […]

Global Tanker Fleet Shying Away from ECDIS

Global Tanker Fleet Shying Away from ECDIS

The majority of ships in the global tanker fleet have yet to adopt ECDIS, according to data published for the first time by the United Kingdom Hydrographic Office (UKHO). The SOLAS regulations on the mandatory carriage of ECDIS will come into force from July 1, 2015 for all tankers over 3,000 gross metric tonnes, apart […]

South Carolina Ports Exceeding Projections

South Carolina Ports Exceeding Projections

South Carolina Ports Authority has kicked off the new fiscal year with a 13 percent rise in container volumes handled in the first two months of the fiscal calendar. The SCPA handled 163,970 twenty-foot equivalent units (TEUs) in August, an increase from 144,649 TEUs moved during the same month last year and 153,916 handled in July, […]

BW Orders LNG Carriers

BW Orders LNG Carriers

BW Group, a global maritime company involved in oil and gas transportation, floating gas infrastructure, environmental technologies and deepwater production, has signed shipbuilding contracts with Daewoo Shipbuilding and Marine Engineering Co. Ltd. (DSME) for two Liquefied Natural Gas (LNG) carriers plus options for additional vessels on September 17, 2014. The two firm 173,400 m3 newbuildings will be delivered […]

Image of the Day: Pacific Gannet in Party Attire

Image of the Day: Pacific Gannet in Party Attire

Shipowner and operator Swire Pacific Offshore (SPO), celebrated the Naming of Pacific Gannet, its First of ten IMT984 G Class Platform Supply Vessels (PSV) in Japan on September 12, 2014. The high specification G Class vessels with their fuel-efficient design are the latest addition to SPO’s modern and diverse fleet of vessels. “This is the […]

Long Way Ahead for Manilla despite Truck Ban Lifting

Long Way Ahead for Manilla despite Truck Ban Lifting

The port of Manilla, the Philippines will not restore to normal operation by mid-2015 despite efforts to clear out the port congestion, including the most recent turn of events that resulted in lifting of the truck ban that caused the congestion in the first place. The truck ban implemented in the City of Manila was officially […]

UAE Halts Libya-Bound Shipments

UAE Halts Libya-Bound Shipments

Amid growing security issues spurred by the crisis in Libya, U.A.E. port authorities issued instructions to cease loading containers for export and transshipment bound for Libyan ports, effective immediately, Danish-headquartered shipping company Safmarine said. “As advised by the port authorities, containers bound for Libya will be held at the port and will not be loaded on the […]

Cosco Books Five Mega Container Ships

Cosco Books Five Mega Container Ships

China Cosco Holdings Co (CCHC) has placed an order for the construction of five giant 14,500 TEU container ships , thus increasing the newbuilding ships’ capacity from the previously announced 14,000 TEU. The vessels will be constructed by China Shipbuilding Trading and Changxing Shipbuilding for an aggregate sum of USD 618 million. The agreement could be adjusted in the event […]

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