Category archives for: NEWS category

TSB Canada Pinpoints Factors Leading to Fatal Tug Accident

TSB Canada Pinpoints Factors Leading to Fatal Tug Accident

The Transportation Safety Board of Canada released its investigation report into the capsizing of tow, and accidental death aboard the tug Western Tugger as it towed the barge Arctic Lift I, 33 nautical miles southwest of Burgeo, Newfoundland and Labrador.   The report identified minimal clearance above the water (freeboard), bad weather conditions, and a […]

Towage Workers Discuss Industry Struggles

Towage Workers Discuss Industry Struggles

More than 35 tugboat workers from around Australia have descended on the Maritime Union of Australia’s (MUA) specialised training facility at St Georges Basin to kick-off the 2014 Towage Conference.   Joining the Australian contingent was a special guest from Seattle – America’s Inland Boatmen’s Union President – Alan Cote. Cote gave delegates a more […]

Swissco Wraps Up Scott and English Energy Takeover

Swissco Wraps Up Scott and English Energy Takeover

Singapore-listed Swissco Holdings Limited, a marine service provider for the offshore oil and gas industry, has approved the acquisition of Scott and English Energy Pte. Ltd., for approximately USD 230 million.   Scott and English Energy is in the business of owning and leasing mobile offshore drilling units and service rigs to support major oil […]

ZIM’s Emission Performance On Track

ZIM’s Emission Performance On Track

The CCWG (Clean Cargo Working Group) of BRS, an industry-wide initiative dedicated to improving the environmental performance of marine transport, has published its 2013 results, accumulated from 22 top carriers worldwide, covering about 85% of the global container cargo carried in 2013.   ZIM, the biggest cargo shipping company in Israel, which only joined the […]

APM Terminals Virginia Facility to Change Hands

APM Terminals Virginia Facility to Change Hands

APM Terminals Virginia and a partnership comprising affiliates of investment funds managed by Alinda Capital Partners (Alinda) and Universities Superannuation Scheme Limited (USS) announced today that the partnership will purchase APM Terminal’s state-of-the-art container terminal located in Portsmouth, Virginia.   The transaction is subject to standard regulatory approvals and is expected to close during the […]

Port of Damietta Attracts More Container Ships

Port of Damietta Attracts More Container Ships

Egypt’s Damietta Port has achieved an increase of up to 41% in the number of container ships received during the month of June this year compared to last year’s figures for the same month.   The monthly statement issued by the Central Administration of the Traffic indicated that the Damietta Port received 230 ships during […]

Ordering Frenzy at COSCO Shipyards

Ordering Frenzy at COSCO Shipyards

Singapore based COSCO Corporation Limited  has through its subsidiaries secured contracts valued at approximately USD 300 million to build one accommodation barge and seven bulk carriers.   COSCO (Zhoushan) Shipyard Co., Ltd., has received orders from an unnamed European company to build one DP3 accommodation barge scheduled for delivery in 3Q2016. The same shipyard also received orders […]

TORM Lotte Helps Save Up to 300 Lives

TORM Lotte Helps Save Up to 300 Lives

TORM Lotte, a product tanker owned by Danish shipowner TORM A/S, has assisted Italian and Maltese authorities in a rescue operation to save a large group of boat refugees in the Mediterranean Sea.   TORM Lotte, sailing under DIS flag, was bound for La Skhira when the vessel on 18 July at 1245 hrs CET […]

Bahri Takes Over First Vessel from Vela’s Fleet

Bahri Takes Over First Vessel from Vela’s Fleet

The National Shipping Company of Saudi Arabia (Bahri) said that it has concluded the first phase of the process of merging the Vela fleet and operations with Bahri.   Namely, Matar Star the first of the VLCC vessels in the Vela fleet, was transferred to Bahri’s ownership on Monday 21 July 2014 and her name […]

Lithuania Laying Groundwork for Better Seafarer Protection

Lithuania Laying Groundwork for Better Seafarer Protection

In order to ensure safe navigation and prevent ship pollution, the Government of Lithuania will implement new regulations for the control of the international and Lithuania‘s ships.   In order to do so, the Government of Lithuania voted in favor of approving new maritime law amendments proposed by the Ministry of Transport and Communications. Maritime […]

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