The Netherlands: BigLift and RollDock Form New Company – BigRoll Global heavy lift and transportation providers BigLift Shipping and RollDock Shipping announced on May 6 the formation of a joint company, BigRoll, which will operate two newbuild MC-Class Module Carriers for the transportation of ultra large and heavy modular Two Containerships Collide near Bremerhaven, Germany [...]
Vantage Drilling Company reported a net loss for the three months ended March 31, 2013 of $24.9 million or ($0.08) per diluted share excluding approximately $98.3 million of charges for the early retirement of debt as compared to a net loss of $1.2 million or ($0.00) per diluted share for the three months ended March [...]
On May 8th the Somali Defence Minister and members of the Somali Cabinet visited the EU Naval Force Operation Headquarters in London. In view of the EU’s comprehensive approach to Somalia and its reinforced partnership with the country, the meeting was attended by the EU Naval Force Operation Commander, the Head of Mission of EUCAP [...]
Containership scrappage rates are expected to exceed previous records this year, but cellular capacity removed due to demolition will still be surpassed by a ratio of one to three by newbuilding deliveries, reported Lloyd’s List citing Alphaliner. If the current recycling trend of boxships continues, the total capacity consigned to breakers’ yards in 2013 could [...]
Irish Maritime Development Office (IMDO) released on May 9 a Shipping Markets Review for the week 18, 2013, providing an in depth analysis of international shipping markets and a global economic overview for the week. With respect to container market, withdrawals and void sailings on the Asia – Europe trade lane are not enough to [...]
PEM Offshore Limited has signed a multi-million dollar contract with Kongsberg Maritime for the supply of a full suite of Offshore Anchor Handling, Dynamic Positioning, Power Management and Crane Simulation systems. The new simulators will form the main infrastructure for a world-class offshore simulation training centre and the first of its kind in Nigeria and [...]
Maritime piracy is both ageless as a threat as well as ductile in its dramatically changing nature both in and around the Indian Ocean and, increasingly, in other parts of the world. Somali piracy erupted in the western Indian Ocean and Gulf of Aden and commercial vessels transiting the area frequently fell prey to the [...]
Ophir Energy plc announced that it has secured a drilling rig and executed a letter of agreement for Rig Share Assignment with BG Group for the continuation of its 2013-2014 East African offshore drilling programme. Odjfell Drilling is the contract counterpart and drilling service contractor. The Deepsea Metro I (DSM-1) drillship is currently being used [...]
CMA CGM, MSC, Maersk Line and Hamburg Süd representing 40 percent of the world container shipping industry have met to discuss the piracy threat towards international shipping. The meeting focused on piracy in the Gulf of Aden, the Indian Ocean and West Africa. The cooperation between CMA CGM, MSC, Maersk Line and Hamburg Süd includes [...]
On May 2nd, members of the European Parliament Sub Committee on Security and Defence visited the Operational Headquarters of the European Union’s counter piracy mission – Operation Atalanta. The Sub Committee visitors were briefed on the role of the EU Naval Force Somalia, and given an update on the counter piracy efforts off the Horn [...]
