Category archives for: Company News

USA: NW Longshore Workers Going Back to Work

USA: NW Longshore Workers Going Back to Work

Longshore workers who load grain in the U.S. Pacific Northwest export terminals have voted to ratify a new collective bargaining agreement with several multinational grain companies. The contract will be in effect until May 31, 2018. Members voting in favor totaled 1,475; those voting against numbered 193. “Terms of the agreement include work rule changes […]

Keel Laid for Holland America’s Largest Ship

Keel Laid for Holland America’s Largest Ship

Seattle-based cruise company Holland America Line celebrated the keel laying of its new 2,650-guest Pinnacle Class ship on Aug. 22 at Fincantieri’s Marghera shipyard in Italy. A 680-ton block was lowered by crane into the yard’s building dock, marking the official beginning of construction. The 99,500-gross-ton ship is scheduled for delivery in February 2016. The […]

Boost for Sohar’s Offshore Bunkering Services

Boost for Sohar’s Offshore Bunkering Services

Sohar Port and Freezone’s main independent supplier of bunkering services has expanded its offshore refuelling operations for ships calling at the Omani port, with the addition of a 6,000 megaton barge to its fleet. Omanoil Matrix Marine Services LLC, a joint venture between Germany’s Matrix Marine Holding and Oman Oil, has also announced plans to […]

Slow Week for Dry Bulk Newbuilds

Slow Week for Dry Bulk Newbuilds

A couple of orders to report in dry sector this week with Santoku Senpaku adding further Kamsarmax to their orderbook, this time for two firm 82,000 DWT bulk carriers at Tsuneishi Zosen with delivery in 2017, according to Clarkson’s Hellas S&P Weekly Bulletin. Navibulgar has also contracted four firm plus two option 42,300 DWT Ice […]

Scorpio Bulkers in Sextet Deal

Scorpio Bulkers in Sextet Deal

Monaco-based bulk shipper Scorpio Bulkers has ordered six 82,000dwt Kamsarmaxes from Chinese shipbuilder Shanghai Shipyard, the Chinese media report. Under the deal, the vessels will start delivery from the second quarter of 2015. The value of the order has not yet been revealed. Scorpio was unavailable for comment when asked by World Maritime News for […]

Russia-Bound Banned Cargo Has to Return

Russia-Bound Banned Cargo Has to Return

Banned cargo presently en route to Russia will be returned and all costs arising will be for the shipper’s account, including local costs and freight, according to Danish shipper Maersk Line. Maersk Line said it would  do all possible to assist with the return of any such cargo. According to Maersk, the following information for […]

VIDEO: Quantum of the Seas Haven for High-Tech Aficionados

VIDEO: Quantum of the Seas Haven for High-Tech Aficionados

Tech-savvy modern travelers will be wowed by Royal Caribbean International’s newest ship, Quantum of the Seas, which incorporates unprecedented levels of technology to amp up the vacation experience. “Boatloads of bandwidth keep guests connected; easy-to-use systems expand guest choices and simplify schedules; and RFID technology speeds the boarding process and allows guests to keep track […]

First Japanese-Flagged Vessel Classed by ABS

First Japanese-Flagged Vessel Classed by ABS

Kawasaki Kisen Kaisha, Ltd. (“K” Line) announced that its ABS-classed VLCC “YAMATOGAWA” has become a pioneer in worldwide shipping as the first ABS-classed Japanese-flagged vessel. “YAMATOWAGA” has been engaged in the transportation of crude oil to Japan since her initial delivery in December 2006, but previously flying a foreign flag. ““K” Line has been pursuing […]

COSCO Pacific Hitting Its Stride

COSCO Pacific Hitting Its Stride

COSCO Pacific Limited has announced the unaudited condensed consolidated results of the company and its subsidiaries for the six months ended June 30, 2014.  The Group’s revenues rose by 11.4%. Revenues from the terminals business rose by 18.9%, and revenues from the container leasing, management and sale businesses rose slightly by 2.1%;  Gross profit fell by […]

Ulstein Introduces X-STERN

Ulstein Introduces X-STERN

Ulstein Group has introduces the X-STERN™, a design feature increasing operability through positive effects on station keeping, wave response, comfort and safety in harsh conditions. As described by Ulstein, an X-STERN™ vessel can stay on position in harsh weather with the stern towards waves, wind and current. For vessels where the best possible motion characteristics […]

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