Category archives for: Americas

Hamburg Süd Takes Over CCNI’s Liner Operations

Hamburg Süd Takes Over CCNI’s Liner Operations

Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (HSDG) with headquarters in Hamburg, Germany, and Compañía Chilena de Navegación Interoceánica S.A. (CCNI) with headquarters in Valparaiso, Chile have signed a preliminary agreement by which HSDG will acquire the container liner activities of CCNI.   This acquisition, reportedly worth around USD 160 million, is scheduled to be executed by the latest […]

Atlantic Panamax Freight Rates on the Rise

Atlantic Panamax Freight Rates on the Rise

An improved sentiment prevails in trans-Atlantic Panamax freight rates as demand tightens for tonnage capacity.   Several routes saw freight rise, according to Platts’ data, those being Virginia-Rotterdam coal route (improved to $9.25/mt on Friday, up from $9/mt), Alabama-Rotterdam coal route,  also increased and was assessed at $12.75/mt, up from $12.5/mt, Baltic-UK Continent runs with […]

USCG Medevacs Passenger from Carnival Fantasy

USCG Medevacs Passenger from Carnival Fantasy

A crew aboard a United States Coast Guard rescue helicopter medically evacuated a passenger Thursday night from the cruise ship Carnival Fantasy, approximately 40 miles east of Charleston.   Watchstanders in the Coast Guard Sector Charleston command center were notified via satellite phone call of the situation at approximately 8 p.m. The report stated a […]

Corpus Christi’s June Stats Up

Corpus Christi’s June Stats Up

The Port of Corpus Christi has reported that their statistics for June, 2014 show the continuing upward trend of outbound shipments.   Measured in barrels per day (b/d), crude and condensate is up at 551,934 b/d in June of 2014 compared to 341,824 b/d for June of 2013. June shipments also rose 5% month on month, […]

Ammonia Leakage at Huston Ship Channel

Ammonia Leakage at Huston Ship Channel

The Coast Guard and Pasadena Fire and Rescue crews responded to an anhydrous ammonia leak on the Houston Ship Channel west of the Beltway 8 bridge on Friday, July 25, temporarily ordering a shelter in place and closing the Beltway 8 bridge, Interstate 610 bridge and the Houston Ship Channel.   Coast Guard watchstanders at […]

Busy Week of Illegal Migration Attempts for USCG

Busy Week of Illegal Migration Attempts for USCG

The United States Coast Guard repatriated 97 Cuban migrants that were rescued during a busy week of illegal migration attempts from Cuba.   The repatriation was the result of 10 separate groups attempting to illegally enter the United States aboard rustic vessels in the Florida Straits dating back to July 14, 2014. “Our main concern […]

Readers’ Picks of the Week (July 21- 25, 2014)

Readers’ Picks of the Week (July 21- 25, 2014)

VIDEO: Float-On and Transport of Costa Concordia Onboard Dockwise Vanguard Following the successful parbuckling of Costa Concordia, and in anticipation of the pending refloat, Dockwise, a wholly-owned subsidiary …Read more Dockwise Vanguard to Transport Costa Concordia Wreck? Dockwise Vanguard may be the solution for the transportation of Costa Concordia wreck to the scrapyard, since the […]

Extra Tonnage in Demand

Extra Tonnage in Demand

Extra tonnage seems to be in demand pulling containerships from their idleness and bringing the idle fleet levels to a record low this week.   According to the latest figures from Lloyd’s List Intelligence,  the capacity of the inactive box fleet decreased to 216,396 teu this week, compared with 238,679 teu a week ago. In terms […]

Royal Caribbean’s Overall Business Solid

Royal Caribbean’s Overall Business Solid

Royal Caribbean Cruises Ltd. reported that yields for the second quarter were up double digits in Europe and China offsetting the Caribbean’s softness.   As explained by the company, “this was at the high end of the company’s guidance driven by strong close-in booking trends for European and China sailings despite continued softness in the […]

USCG Back at Bollinger for More

USCG Back at Bollinger for More

The U. S. Coast Guard has awarded a USD 255 million contract option to Bollinger Shipyards of Lockport, La. for the production of six more Sentinel-class Fast Response Cutters (FRCs).   This option award brings the total number of FRCs under contract with Bollinger to 30, with a current contract value of USD 1.4 billion. The FRCs […]

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