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Friday, February 24, 2017

U.S. Coast Guard Cutter Polar Star, a heavy icebreaker homeported in Seattle, Washington, rests in the ice as the motor vessel Ocean Giant departs from the National Science Foundation’s McMurdo Station, Feb. 1, 2017. One of the primary responsibilities of the Polar Star’s crew is to provide an escort for the Ocean Giant through the frozen Ross Sea off of Antarctica. (U.S. Coast Guard photo by Chief Petty Officer David Mosley)

USCG Awards Polar Icebreaker Contracts

The U.S. Coast Guard awarded five firm fixed-price contracts for heavy polar icebreaker design studies and analysis Wednesday. The contracts were awarded to the following recipients: Bollinger Shipyards, LLC, Lockport, Louisiana; Fincantieri Marine Group, LLC, Washington, District of Columbia; General Dynamics/National Steel and Shipbuilding Company, San Diego, California; Huntington Ingalls, Inc., Pascagoula, Mississippi; and VT Halter Marine, Inc., Pascagoula, Mississippi. The combined total value of the awards is approximately $20 million.

The 13,092 TEU Maersk Elba is the largest ship to call in Israel (Photo: Haifa Port Company)

Maersk Ship the Largest to Ever Call in Israel

The 13,092 TEU containership Maersk Elba arrived at Haifa Port's Carmel Terminal, becoming the largest ship ever to dock in Israel. Maersk Elba entered the Carmel Terminal Thursday, and was operated on by four STS cranes with an average productivity of 136 containers per ship hour. This ship is part of the weekly service line operated by the 2M Alliance of Maersk and MSC linking the ports of South Korea, China and Singapore to Haifa Port, and from there continues to the Adriatic ports. A video of Maersk Elba entering Haifa Port is available here.

Photo by Alabama State Port Authority

Alabama Port Signs Agreement with Cuba

The Alabama State Port Authority has announced a new memorandum of understanding with the National Port Administration of Cuba, potentially laying the groundwork for future trade deals. The five-year, cooperative agreement  was signed at the Tampa Marriott Waterside Hotel in Tampa, Florida. Memorandum of Understanding (MOU) between the Port of Mobile and the Cuban ports marks the first ports agreement signed on U.S. soil since 1959. James K. Lyons, chief executive officer of the Alabama State Port Authority and Rene Rolando Fernandez de Lara Cabezas…

M/S Seattle Photo: Diana Shipping Inc.

Diana Inks Time Charters with Koch

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v Seattle. The gross charter rate is US$11,700 per day, minus a 5% commission paid to third parties, for a period of minimum fourteen (14) months to about seventeen (17) months. The charter is expected to commence on February 6, 2017. The “Seattle” is a 179,362 dwt Capesize dry bulk vessel built in 2011.

Photo source: Wärtsilä PR

Wärtsilä BWM Systems for CMA CGM Newbuilds

Four new 3,300 TEU containerships being built for the French shipping group CMA CGM will feature Wärtsilä Ballast Water Management Systems (BWMS). This is the third series of vessels for which the same owner has selected the Wärtsilä BWMS solution, making a total of 10 ships in all. These latest vessels are being built at the Cosco Zhoushan shipyard in China, and the contract with Wärtsilä was signed in the fourth quarter of 2016. The BWMS system chosen for these vessels is a 500m3 per hour capacity Wärtsilä Aquarius UV system.

Photo Pacific International Lines

PIL Sign MOU with Guangzhou Nansha Development Zone

A memorandum of understanding (MOU) was signed between Pacific International Lines (PIL) Group and China Guangzhou Nansha Development Zone. This MOU facilitates to increase trade cooperation, deepen business ties, and explore possible future business opportunities and development of a shipping/logistics base in the Nansha New Area. The Nansha New Area is one of three development zones that comes together to form the China (Guangdong) Pilot Free-Trade Zone. Mr Zhang Benhua, Director General…

Photo:  Evergas

Eletson, Evergas Form Shipping Alliance

Eletson Gas and Evergas announced an alliance of the two companies that will trade the companies’ semi-ref/ethylene capable vessels. The new venture, to be called the E3 Pool, will commence trading on the 30th of January from the Eletson offices in Piraeus and London and the Evergas offices in Copenhagen and Singapore. The new commercial venture will control the 15-strong fleet of modern gas carriers that are currently trading. It will be joined by a further four vessels to be delivered to Eletson over the next twelve months and will create a single point of contact for cargo owners.

Photo:  Diana Shipping Inc.

Diana Shipping Extends Time Charter Contract for M/v Houston

Diana Shipping  has announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with SwissMarine Services, Geneva, for one of its Capesize dry bulk vessels, the m/v Houston, for a period of about thirteen (13) months to maximum fifteen (15) months. The gross charter rate is US$5,150 per day for the first fifteen (15) days of the charter period and US$10,000 per day for the balance period of the time charter, in each case minus a 5% commission paid to third parties. The new charter period is expected to commence today (February 17).

Photo: Navis

Davao Terminal Outfits with Navis

Navis and Davao International Container Terminal (DICT) announced that the terminal has gone live with the Navis N4 terminal system. Navis is a part of Cargotec Corporation and provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the shipping supply chain. Since opening its gate in 2013, DICT has partnered with Navis to improve operational efficiency and the successful implementation of N4 has supported DICT’s growth as the most modern terminal in the Philippines.

APL Eagle Guaranteed Image APL

APL launches Day-Definite Cargo Arrival with Eagle Guaranteed

APL today announced the launch of Eagle Guaranteed, a promise of day-definite arrival of shipment on the Eagle Express (EX1) service via  the Global Gateway South (GGS) Terminal in Los Angeles to the rail yards of Chicago, Columbus, Dallas, El Paso, Kansas City and Memphis in the Americas. With the specific arrival date for the designated inland destinations set upon booking with APL, shippers are offered a solution to best manage their supply chain cycle. “APL is excited to introduce Eagle Guaranteed as one of our value-added services.

Courtesy Port of Virginia.

Work Begins on Virginia International Gateway Expansion

Work is underway at Virginia International Gateway (VIG) on a $320 million expansion project that will nearly double the terminal’s annual cargo handling capability. The project is the first of two large-scale expansion projects that, when complete, will increase the port’s overall annual container capacity by 40 percent, or 1 million container units, by 2020. “This is an important day in the history of The Port of Virginia; it is an important milestone in our effort to increase sustainability and to prepare this port for what is to come,” said John F.

Rotterdam. Photo: Diana Containerships Inc

CMA CGM Hires Diana Containerships’ M/V Rotterdam

Diana Containerships has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with CMA CGM S.A., Marseille, for one of its Post-Panamax container vessels, the m/v Rotterdam. The gross charter rate is US$6,890 per day, minus a 3.5% commission paid to third parties, for a period of minimum eight (8) months to maximum eleven (11) months. The charter is expected to commence on March 7, 2017. The “Rotterdam” is a 6,494 TEU container vessel built in 2008.

Enclosed lifeboat Photo Laborde Products

Laborde wins Bukh Distribution Deal

Laborde Products has been selected as BUKH Diesel Marine Distributor for the United States marine market. "Our companies have tremendous synergies," stated Soren Pederson, BUKH sales manager. "The BUKH engine line really complements our growing position in the marine market, and provides much needed domestic support for the US cruise ship industry with the large population of BUKH SOLAS engines used in lifeboats and fast rescue craft”, said Chris Cerullo, Laborde Products marine manager.

M/V Aliki. Photo: Diana Shipping Inc.

Diana Shipping Extends SwissMarine Charter

Diana Shipping , through a separate wholly-owned subsidiary, has agreed to extend the present time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Aliki. The global shipping company specializing in the ownership of dry bulk vessels extended the contract  for a period of about eleven (11) months to maximum fourteen (14) months. The gross charter rate is US$10,300 per day, minus a 5% commission paid to third parties. The new charter period is expected to commence on February 13, 2017.

Photo: Liebherr

Liebherr: Italian Deliveries Reached a Record Level in 2016

Last year Liebherr Maritime Cranes delivered nine mobile harbor cranes, four reachstackers, three rail mounted gantry cranes and one ship-to-shore container crane to various Italian ports. Since Liebherr has been engaged in the manufacturing of maritime cargo handling equipment, Italian ports proved to be reliable and valuable partners. The first mobile harbor crane was already delivered in 1974 and over the years the maritime cargo handling fleet operating in Italy has constantly been increased.

Pic: Port of Antwerp

Port of Antwerp Lands New Banana Contract

The CMA CGM vessel Pointe des Colibris called at the Belgian New Fruit Wharf (BNFW) terminal in Antwerp on February 1 carrying among other things bananas from Suriname. These will be distributed via the port of Antwerp to the local market and to surrounding countries. The owner of the bananas is FAI, fruit partner of Greenyard, based in Sint-Katelijne-Waver (Belgium). For carrying the bananas Greenyard has signed a new contract with the CMA CGM shipping company, with one of the crucial factors being the direct call at the BNFW fruit terminal in Antwerp.

Swedish Town Karlshamn Says 'Yes' to Gazprom Port Deal

Officials in Karlshamn in southern Sweden will allow Russia's Gazprom to use the city's port for the construction of its Nord Stream 2 gas pipeline after the government dropped its objections, the municipality said on Tuesday. The government had earlier expressed concerns about Gazprom's plans to use the port, but said on Monday the project did not threaten defense interests. Late last year, the island of Gotland rejected a similar deal to support the construction of the pipeline after the government expressed worries about national security.

A DNV GL HazMat Expert doing a visual check for pipe gasket sampling. (Photo: DNV GL)

Greener Ship Recycling: DNV GL, Norddeutsche Reederei Strike Deal

DNV GL and Norddeutsche Reederei H. Schuldt signed a contract to carry out Inventory of Hazardous Materials (IHM) certifications for the shipping company’s managed fleet of more than 50 vessels. The first vessel to undergo sampling and testing is the 3700 TEU container vessel Northern Dexterity. Once complete, this certification provides independent verification of the vessels’ IHM, as required by the European Ship Recycling Regulation. “The IHM is an important step on the way to ensuring environmentally responsible ship recycling and therefore also important to us at Norddeutsche Reederei.

Valencia set to challenge Algeciras’ crown for hull cleans in Spain, thanks to HullWiper Photo GAC EnvironHull

HullWiper wins Valencia port contract

The Spanish port of Valencia could be set to break Algeciras’ virtual vessel maintenance services monopoly in the country, thanks to the availability of the eco-friendly HullWiper hull cleaner, according to the Managing Director of the company behind the diver-free system. “Until now, hull cleaning in Spain has largely been associated with Algeciras, at the southern tip of the country, due to the concentration of maintenance companies using traditional methods there,” says GAC EnvironHull’s Simon Doran. “But that could be changing.

Photo: CMA CGM

COSCO Ports and CMA Terminals Join Forces

Cosco Shipping Ports  has signed a memorandum of understanding (MOU) with CMA Terminals Holding in Shanghai. The two parties have agreed to seek cooperation in ports worldwide and preference will be given to ports that the Ocean Alliance calls. Meanwhile, both sides have also agreed to provide support in terms of business and service to the ports that the other side has already invested. Zhang Wei, Vice Chairman and Managing Director of Cosco Shipping  Ports and Farid Salem, Executive Officer of CMA CGM Group signed the MOU in the presence of  Huang Xiaowen…

Photo: Diana Shipping Inc

Diana Shipping Signs Contracts with Cargill, Noble

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels,  announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Cargill International S.A., Geneva. The time charter was extended for one of its Capesize dry bulk vessels, the m/v Baltimore, for a period of minimum thirteen (13) months to about sixteen (16) months. The gross charter rate is US$11,300 per day, minus a 4.75% commission paid to third parties. The new charter period is expected to commence on February 3, 2017.

Images: Eimskip

Eimskip, RAL Order Containerships from China

Iceland’s Eimskip and Greenland’s Royal Arctic Line (RAL) have signed an agreement to share capacity, and together ordered three new ice-class containerships to be built in China. Eimskip said it has finalized contracts with China Shipbuilding Trading Company Limited and Guangzhou Wenchong Shipyard Co. Ltd. for the construction of two 2,150 TEU container vessels, and RAL also signed a contract for one vessel of the same type from the same shipyard. With a length of 180 meters and breadth of 31 meters…

William P. Doyle

FMC Commissioner Doyle Rejects Blanket Authorities for Foreign Ro/Ro Carriers

Commissioner William P. Doyle Votes to reject joint contracting authority for Ro/Ro foreign carriers to negotiate collectively for U.S.-Flag tug services. Doyle's Statement, shown below, says new rules go beyond the scope of the Shipping Act and shipping practices harmful to U.S. Today, I voted to disapprove the roll-on roll-off (Ro/Ro) WLL/Eukor/ARC/Glovis Cooperative Working Agreement amendment involving Wallenius Wilhelmsen Logistics AS (WWL), Eukor Car Carriers Inc. (Eukor), American Roll-on Roll-off Carrier LLC (ARC), and Hyundai Glovis Co. Ltd. (Glovis) (collectively Parties).

Australia’s Ambassador to Italy Dr Greg French, left, Flinders Professor Saint, the University of Genoa’s Professor Trucco, and Fincantieri’s Vice President Sales Sabrina Sanguineti at the MoU signing in Genoa.Flinders Univ

Italian Boosts to Flinders Shipbuilding Ambitions

Building on its partnership with the Italian shipbuilder Fincantieri announced earlier this month, South Australia’s Flinders University has signed a supporting agreement with The University of Genoa to cooperate in research and development and training with focus on maritime, naval architecture and shipbuilding. The agreement not only strengthens Flinders’ connection with Fincantieri – one of the shortlisted companies bidding to build Australia’s Future Frigates – but also opens…

ICC-Arbitration-2016 record numbers

Record number of Arbitration cases filed under ICC Rules

The International Court of Arbitration of the International Chamber of Commerce (ICC) has announced record figures for new cases filed for administration under ICC rules in 2016. According to preliminary statistics, a total of 966 new cases administered by the Court were filed in 2016 - involving 3,099 parties from 137 countries. Constituting a record year for the Court in its 94-year history, the figures reflect continuing growth of the world's leading arbitral institution and its ongoing efforts to make ICC dispute resolution services more accessible worldwide.

Inchcape Shipping Services (ISS), the world’s leading maritime and logistics service provider, has signed a new port agency contract with Team Tankers International for the US East Coast and Caribbean region. Photo

ISS, Team Tankers ink Port Services Deal

Inchcape Shipping Services (ISS) has signed a new port agency contract with Team Tankers International for the US East Coast and Caribbean region - its first in the Americas. The chemical tanker specialist has called on ISS to provide full port agency services to deliver a consistently high level of service throughout the region. ISS was awarded the contract after demonstrating its efficiency, transparency and quality of service to Team Tankers International’s operations team in the US, along with its expertise in the chemical sector and strength of its global network.

CMA CGM Strengthens Asia-East Coast South America Links

French container shipping major CMA CGM has upgraded its SEAS1 and SEAS2 services, now providing two departures per week between Asia and the East Coast of South America. The group will thus provide two departures per week between Asia and the East Coast of South America, one of the best offers on the market. They will offer optimum port coverage across Asia (Northern, Central and Southern Chinan and South Korea and South East Asia) and South America (Brazil, Argentina, Uruguay, Paraguay).

(Source: Central Intelligence Agency World Factbook)

Djibouti Breaks Ground on Massive FTZ

The president of Djibouti on Monday formally launched the construction of a project touted as Africa's largest free trade zone, to be built in the tiny Horn of African nation with Chinese backing. The agreement to build the 48 sq km (19 sq mile) free trade zone was signed in March 2016 as part of China's bid to expand trade routes, a series of infrastructure initiatives stretching across 60 countries that the Chinese have dubbed "One Belt, One Road". Tiny Djibouti, population 876,000, has long punched above its weight. It hosts large U.S.

Tarik Al-Junaidi, Chief Executive Officer of OSC and Mike Muller, Vice President for Trading and Supply Crude, Shell  (Photo: OSC)

OSC Signs Three-year Deal with Shell

Oman Shipping Company (OSC) has announced that its subsidiary, Oman Charter Company (OCC), has entered into a contract of affreightment (COA) agreement with Shell International Eastern Trading Company (Shell) for three years. The contract grants Shell access to the Very Large Crude Carriers (VLCC) operated by OCC for Crude oil cargo transportation requirements and provides OCC with the cargo base it needs to support its commercial operations. Tarik Al-Junaidi, Chief Executive Officer of Oman Shipping Company said: “In addition to the 10 MR tankers that we have recently chartered to Shell…

Photo: Diana Shipping Inc

Diana Enters Time Charter Contract with Koch

Diana Shipping has signed a time charter agreement with Koch Shipping Pte. Ltd, Singapore, for one of its newcastlemax dry bulk vessels. Under the agreement, Koch will employ the 208,500 dwt newbuilding, to be named San Francisco, for a gross charter rate of $11,750 per day, minus a 5% commission paid to third parties, for a period of minimum 12 months to about 16 months. The charter is expected to commence on 6 January 2017. This employment is anticipated to generate approximately US$4.23 million of gross revenue for the minimum scheduled period of the time charter.

Photo: Roll Group

Heavy Lift: RollDock and Roll-Lift Team Up

Having received a contract from NEM Energy BV for the transportation of two boiler blocks and two combustor units from Taiwan to Malaysia, Roll Group was called upon to put to work the combined capabilities of its in-house engineering department and experienced heavy transportation teams, enabling the group to offer a complete tailor-made solution by both land and sea. NEM Energy BV involved the Roll Group at an early stage in the project, and the group’s engineers worked together with the NEM team to produce a precisely fitting sea fastening design which was integrated into the boiler block.

Marginal da Corimba Photo Van Oord

Van Oord consortium to undertake Angolan Reclamation

The consortium consisting of Van Oord and Urbinveste – Promoção e Projectos Imobiliários, S.A. has been awarded the contract for the design and construction of the Marginal da Corimba project in Luanda, Angola. The contract has been signed with the Angolan government (Gabinete Técnico de Gestão da Requalificação e Desenvolvimento Urbano do Perímetro Costeiro da Cidade de Luanda, Futungo de Belas e Mussulo). It contains a financing agreement arranged by ING Bank NV and a credit…

The Valero refinery at pembroke Photo GAC

GAC, Valero Ink Terminal & Marine Services Deal

GAC UK has signed a three-year terminal and marine services deal with Valero Logistics UK Ltd. Under the agreement, from 1 February 2017, GAC UK will manage and support the discharge of 12-14MT of clean petroleum products each from up to 180 tankers a year at the ports of Cardiff and Plymouth. On 1 April, its raft of jetty operation services for the energy giant will be extended to include Avonmouth. GAC UK will provide a range of terminal services including secure and safe manning of berths, ship/shore safety checks and connecting shore cargo lines to vessels’ manifolds.

Photo: DHT Holdings, Inc

DHT Fixes VLCC Issue, Defers Newbuilding

DHT Holdings, Inc. said that during a routine inspection of the DHT Jaguar, a fracture surrounding the inspection window of the rudder was identified. It is DHT's policy to inspect all newbuildings, including underwater areas, during their respective warranty periods. Following a root cause analysis conducted by the builder Hyundai Heavy Industries (HHI) and classification society American Bureau of Shipping (ABS), DHT implemented a permanent repair plan for a rudder design improvement on the DHT Jaguar and its sister ships.

FONASBA, BIMCO launch Agency Appointment Agreement

FONASBA and BIMCO have launched a new Agency Appointment Agreement document. This new form, which is based on BIMCO’s tried and tested box layout, provides a simple, clear and effective means of confirming the details of an agency agreement for an individual or short series of port calls. Many agency appointments are agreed on the basis of a telephone conversation or simple exchange of emails and this new form formalises that exchange by clearly setting out the details of both parties…

Photo: Gulf Navigation Holding

Gulf Navigation forms JV with Polimar Turkish

Dubai-listed Gulf Navigation Holding has announced a partnership with Polimar Turkish Holding to grow its fleet and increase its global reach. Under the agreement, Gulf Navigation said it would be able to serve customers in major trading ports worldwide. The Gulf Navigation fleet is expected to grow from four service boats to 10 crews, tugs and offshore support vessels with a value of US$3 million per vessel as part of the deal. The revenue from the partnership is expected to be about $27m a year, according to Gulf Navigation.

Graph:  Drewry Shipping Consultants Limited

Multipurpose Shipping Freight Rates to Improve by End 2017

The multipurpose shipping market will see the first signs of recovery by the end of 2017, following in the steps of the dry bulk and container shipping markets, according to the latest Multipurpose Shipping Market Review and Forecaster report published by global shipping consultancy Drewry. Dry cargo demand is weak but strengthening with multipurpose shipping market share expected to grow at just under 2% per year to 2020. Demolition levels are up in both the multipurpose and competing sectors…

M/v San Francisco. Photo: Diana Shipping Inc

Newcastlemax Duo Joins Diana Shipping’s Fleet

Diana Shipping has taken delivery of the m/v San Francisco (formerly Hull No. H2548)  and the m/v Newport News (formerly Hull No. H2549), two new building Newcastlemax dry bulk vessels that were contracted in May 2013. The m/v San Francisco has been time chartered to Koch Shipping Pte. Ltd. at a rate of $11,750 per day, for a period of minimum twelve (12) months to about sixteen (16) months. The charter is expected to commence on January 6, 2017. The employment is expected to generate approximate $4.2 million in gross revenues.

Hyundai Dream Photo Hyundai

HMM in New Alliance Deal

Hyundai Merchant Marine (HMM) said it has signed an agreement with intra-Asia trade carriers Heung-A Shipping and Sinokor Merchant Marine to form a container shipping alliance called the HMM + K2 consortium. The HMM + K2 consortium, which is slated to start operation in March after a formal contract signing next month, will cover Japan, China and South East/West Asia trades. The alliance will include vessel sharing, slot exchange and slot purchase agreements, as well as additional…

Christophe Sirugue (Photo: Gouvernement.fr)

France May Step in on Shipyard Sale

France may intervene in the sale of the Saint-Nazaire shipyard by bankrupt South Korean shipbuilder STX if the French government's conditions are not met, Industry Minister Christophe Sirugue said. "The government is fully mobilised and will not hesitate to use all of the levers at its disposal," Sirugue told French daily Les Echos in an interview published on Friday. The French state, which owns a third of STX France and its western Saint-Nazaire shipyard, has a right of refusal on the sale of STX Offshore & Shipbuilding's majority stake once a winning bid has been selected…

Image: Sino Global

Sino-Global Shipping Enters Agreement With COSCO

Sino-Global Shipping America, a non-asset based global shipping and freight logistic integrated solution provider,  has announced the signing of an Inland Transportation Agreement  with COSCO Beijing International Freight Co in which COSFRE Beijing will utilize the Company's full-service logistics platform to arrange for the transport of its container shipments into US ports. In addition to the Agreement with COSCO Beijing, the Company has entered into a Strategic Cooperation Framework Agreement with Sinotrans Guangxi, a subsidiary of Sinotrans Limited.

Photo: Gulf Navigation Holding PJSC

GulfNav, SeaQuest Tie Up in Ship Management

Dubai-based Gulf Ship Management, a wholly owned subsidiary of Gulf Navigation Holding, announced on Tuesday a recent tie up with Switzerland’s SeaQuest Group to set up a ship management joint venture and expand operations in the region. According to this agreement, Gulf Navigation Holding will expand its business in the Middle East, Africa and other neighbouring countries in the field of Ship Management, Marine Project Management and Consultancy Services, through a new company…

Photo: IRISL GROUP

Iran, Kazakhstan Deal for Shipping JV

The chief executive officers of Islamic Republic of Iran Shipping Line (IRISL) and Kazakhstan’s KTZ Express – a subsidiary of the country’s national railways company- signed an agreement for establishing a joint company. The deal could lead to the creation of a new transport corridor connecting Iran’s southern ports to the upper parts of Central Asia - and even possibly Russia and China. On the sideline of Iran's president visit to Kazakhstan, an agreement for establishing a joint…

Photo: Navig8

Oman Shipping Withdraws from Navig8 Pool

Navig8 Group (Navig8), the world's largest provider of maritime services,  has announced that it has been advised by Oman Shipping Company SAOC (OSC) that they have decided to internalize the commercial management of their VLCC fleet which had been hitherto in the VL8 pool. The VL8 pool is one of the largest VLCC tanker pools in the world and one of 16 shipping pools managed by Navig8. The company's 16 shipping pools bring together multiple, like-minded owners with vessels of similar type and characteristics, into distinct pools.

Photo: Port of Long Beach

Long Beach Approves MSC's Bid for Hanjin Terminal

The Port of Long Beach’s Harbor Commission on Wednesday approved an agreement to replace the bankrupt operator of its largest cargo terminal. The Long Beach Board of Harbor Commissioners greenlighted the move by a subsidiary of Mediterranean Shipping Co. (MSC) to take over sole control of the long-term lease of the port’s 381-acre Pier T container terminal from from Hanjin Shipping, a South Korean ocean carrier that declared bankruptcy on August 31. Previously, MSC held a minority stake in the lease for Pier T, where more than a quarter of the Port’s container cargo is moved.

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Hoover Ferguson acquires Uniteam business

Hoover Ferguson Group (Hoover Ferguson), the global leader in container, workspace and packaging solutions for the energy and petrochemical industries and general industrial enterprises, has acquired the rights and obligations of Uniteam Holding AS’s (Uniteam’s) offshore container rental business. The transaction, which includes a specified fleet of standard and customized offshore containers in Norway and Malaysia, increases Hoover Ferguson’s established portfolio within the Norwegian oil and gas market and strengthens the Group’s footprint in Asia.

From Left: Rajalingam (RH Branch Manager), Alastair J Bisset (Chief Executive Officer, Destini Shipbuilding and Engineering) and Dato’ Ashraf Ali (Director, Procurement & Business Development, Destini Shipbuilding and Engineering). (Photo: Radio Holland)

Radio Holland's NavCom for Six Malaysian Patrol Crafts

Radio Holland  Malaysia (RHM) secured a contract from Destini Shipbuilding & Engineering for the supply of Navigation and Communication equipment on board of six New Generation Patrol Crafts (NGPC). The vessels are being built for the Malaysian Maritime Enforcement Agency (MMEA). The scope of work encompasses detailed design, supply, installation, testing and commissioning of the Navigation and Communication equipment including the Steering System and Thermal Cameras. The vessels will play an important role in maritime search and rescue operations.

Go Ahead for Brownsville Ship Channel Deepening

President Barack Obama signed into law the Water Resources and Development Act (WRDA) of 2016, authorizing the Brownsville Ship Channel deepening project, making it eligible for federal funding, as announced by the Port of Brownsville. The Brazos Island Harbor Channel Improvement Project was one of 28 water infrastructure projects nationwide included in the WRDA and submitted by the U.S. Army Corps of Engineers (USACE) to Congress for approval. The project calls for the Port of Brownsville channel to be deepened to 52 feet from its current design depth of 42 feet.

Photograph of the mv Happy Start, a sister ship of the mv Happy Sun. (Photo: BigLift Shipping)

Terragon Trash Tech for BigLift Ship

Terragon Environmental Technologies Inc. and Marship Engineering entered into a contract with Zhejiang Ouhua Shipbuilding China to supply a MAGS V8 for the new build vessel mv Happy Sun of Netherlands based BigLift Shipping (a member of the Spliethoff Group). As shipping companies are increasingly under a microscope regarding their emissions to the environment, the decision by BigLift Shipping to chose MAGS gasification technology reflects its role as an early adopter of innovative technologies on their ships.

Photo: Gulf Navigation Holding PJSC

Gulf Navigation, Mena Energy Sign Strategic Deal

GulfNav has marked another milestone by entering into strategic alliances with MENA ENERGY. The strategic alliances  for mutual co-operation in ship acquisition, chartering and commercial management aims to set out a platform for the parties to have an enhanced commercial relationship and to further strengthen their existing business ties. The parties have agreed that Gulf Navigation would acquire vessels that would be time-chartered to MENA Energy for carrying Crude and the petroleum products.

Samudera Indonesia Appoints Rickmers for Bulk Carrier Management

Samudera Indonesia has appointed Rickmers Shipmanagement, which belongs to the Rickmers Group, as the new Technical Manager of two supramax bulk carriers including their crewing. Samudera Indonesia is one of Indonesia’s largest liner companies; besides its container vessels and LPG tankers it also owns two bulk carriers, and has now awarded the technical management contract of these two vessels to Rickmers Shipmanagement. The Rickmers Group has thus expanded its bulk-carrier management and strengthened the diversification of its fleet in third-party management.

In 2008 Stena Germanica (ex Stena Hollandica) was one of the first vessels to be covered by a MacGregor Onboard Care agreement (Photo: Stena Line)

Stena Line Extends Ferries Maintenance Contract

Swedish ferry operator Stena Line has renewed its planned maintenance agreement with MacGregor, part of Cargotec. Stena Line has held MacGregor Onboard Care (MOC) agreements since 2008 and its latest contract takes the number of RoRo vessels covered to 39. "Our preventative and planned service products, such as MOCs, make it easier to schedule services; they guarantee that parts are in place and they are very cost-effective for the customer. They take a lot of the stress out of managing the huge service requirements for large fleets…

Panama Canal Photo Panama Canal Authority

Panama Canal, IRPT Sign MoU

Inland Rivers, Ports & Terminals (IRPT) has signed a Memorandum of Understanding with the Panama Canal Authority (ACP). This historic event marks the first ever global connection for IRPT. This Memorandum of Understanding is important to all of our inland river ports, terminals, and river-borne transportation services and will recognize the importance of promoting waterway shipping. IRPT promotes foreign and domestic commerce using international trade routes, such as the Panama Canal.

Pinnacles Westview Terminal Photo NORDEN

NORDEN, Pinnacle Ink Wood Pellets Transport Deal

Dampskibsselskabet NORDEN A/S has entered into a 9-year contract for the transportation of wood pellets with Canada’s largest manufacturer of wood pellets, Pinnacle Renewable Energy Inc. According to the contract, NORDEN will transport a total of 3.5 million tons of wood pellets from 2018 from Vancouver and Prince Rupert in Western Canada to Europe. The transports will be carried out on Supramax vessels, of which NORDEN is one of the world’s largest operators. There will be 8 trips a year, and each trip is expected to take 65 days.

Photo: Sea IT

Sea IT Wins Contract with Alba Tankers

Sea IT said it has won a new contract with Alba Tankers, who continues installations of Sea IT’s BlueCLOUD in two additional office locations in Poland and Sweden. The contract also includes installations of multiple products on board the vessels Atlantic and OW Baltic in their fleet such as BlueCONNECT, BlueSKY, BlueSTAR and the upgrade of BlueCORE. The shipping company already has BlueCLOUD installed at its Danish headquarters in Ålborg. “It is great to see when customers truly benefit from Sea ITs solutions and embrace the concept throughout their organization…

Port Taranaki representatives and Sanmar’s sales director at the contract signing: Grant Squire, marine engineer supervisor; Guy Roper, chief executive; Craig Bramley, Sanmar director of sales-Australian region; and Neville Fox, head of marine services (Photo: Sanmar)

Port Taranaki Orders New Tug from Sanmar

Within a few weeks of unveiling a new compact tractor tug jointly designed with Robert Allan Limited, Turkish shipbuilder Sanmar has secured an order from a port on the west coast of New Zealand. Port Taranaki has awarded the Sanmar a contract to build the very first of its exclusive Delicay series, a compact, under 24m rule length design conceived as an off-the-shelf unit with numerous variations to suit customer needs. This vanguard of the series will measure 25.3m x 12m and…

(Photo: Gulfstream Shipbuilding)

Gulfstream Wins DHS Ferry Contract

Gulfstream Shipbuilding won a contract through the United States Department of Homeland Security for a passenger/vehicle ferry to service the New York and Connecticut waters. This 118 x 27 x 10.75 ft. crew boat-style vessel will be capable of transporting passengers, freight and vehicles in and around the waters of the Eastern Long Island Sound and Gardiner’s Bay. The vessel has an expected delivery date of April 2017. “Gulfstream Shipbuilding is not only familiar with the Eastern Long Island Sound waters…

Containers Cranes over the River Mersey. CREDIT: (c) Jim Giddens Adobe Stock

Liverpool Port Eyes Transatlantic Expansion

Liverpool's new container terminal expects to ramp up transatlantic shipping as British companies look to deepen business ties despite concerns that the U.S. election of Donald Trump could hinder free trade, the port operator's chief said. Private group Peel Ports has invested 400 million pounds ($510 million) in transforming Liverpool's existing facility into a deep-water container terminal that can receive bigger ships. The new development opened last month. Mark Whitworth, chief executive of Peel Ports…

ICC Global Headquarters Photo ICC

ICC, DRD Team Up to Shed Light on Arbitration

The International Chamber of Commerce (ICC) has announced it has entered into a cooperation agreement with Dispute Resolution Data (DRD) – a research service for international commercial arbitration and mediation. Under the terms of the agreement, the ICC International Court of Arbitration will provide data that will ultimately contribute to a greater understanding of dispute resolution use and practice worldwide. Andrea Carlevaris, Secretary General of the ICC Court said: " Facilitating…

Photo: Crowley

Crowley Awarded US Defense Freight Contract

Crowley Logistics Inc., a division of Crowley Maritime Corp., has secured a multi-year contract from the U.S. Transportation Command (TRANSCOM), an agency of the Department of Defense (DOD), to provide transportation and related services supporting Department of Defense activities in the U.S. and Canada. The Department of Defense Freight Transportation Services (DFTS) contract is one of the largest logistics contracts awarded by the U.S. government. The period of performance is two base years followed by five option years for a total value of approximately $2.3 billion.

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BIMCO Adopts Ship Financing Term Sheet

In a landmark decision, BIMCO cemented its move into the domain of ship financing with the Documentary Committee’s approval of a standard term sheet for use in ship financing transactions on 17 November 2016. BIMCO President Philippe Louis-Dreyfus said, “I am particularly pleased to see BIMCO taking this important step. BIMCO is the world leader in the production of standard contracts and clauses for the maritime industry. It is only natural that its documentary activities also cover ship financing – an issue which has become increasingly important and challenging over the years…

Pasha Hawaii Set to Order Containerships

Honolulu-based Pasha Hawaii said the company narrowed its selection to two U.S. shipyards for the construction of two new Liquefied Natural Gas (LNG) fueled containerships, with the option to order two additional vessels. Contract specifications are expected to be finalized by the end of the month, with the final selection decision anticipated in January 2017. Details for the vessel order outline a shipping capacity of 3,400 TEUs, including 500 45-foot containers and 400 refrigerated containers, and a sailing speed of 23 knots.

Ryan Dalgado & Irene Yoong Photo Radio Holland

Radio Holland, Thome Ship Management Ink SRA Deal for 200 vessels

Thome Ship Management Pte Ltd and Radio Holland Singapore have concluded a Service Rate Agreement (SRA) covering the NavCom service and maintenance needs of its entire fleet of more than 200 vessels. Headquartered in Singapore, Thome Ship Management has worked together with Radio Holland for many years. The two companies have now taken a next step to a new format of cooperation with the SRA, which includes everything from annual radio surveys to servicing bridge equipment, to the delivery of spare parts and on-the-spot troubleshooting.

Photo: Carisbrooke Shipping

Carisbrooke Joins Forces with Nova Marine

The commercial short sea bulk activities of traditionally shortsea ship owners Carisbrooke Shipping Ltd and Nova Marine Carriers SA will be expanded and consolidated effective January 1, 2017. Notwithstanding both groups’ commercial networking offices, the coordination of all chartering and operation activities will be channeled from Nova Marine’s HQ in Lugano, Switzerland. This will include the effective control of both groups’ vessels and contracts. Carisbrooke Shipping controls a combination of 48 shortsea…

Photo: CMA CGM

OCEAN ALLIANCE Sets Out Network

Members of the OCEAN ALLIANCE, COSCO Container Lines, CMA CGM, Evergreen Line and Orient Overseas Container Line,  signed a document entitled the Day One Product, which sets out the proposed OCEAN ALLIANCE’s network, including port rotation for each service loop. The Day One network intends to deploy around 350 container vessels with an estimated total carrying capacity of 3.5 million TEUs to provide one of the most comprehensive service coverage in the market on the following trade lanes. The vessel deployment details for each service loop, will be released around end of this November.

Kristian Mørch CEO Odfjell SE (Photo: Odfjell SE)

Odffjell to Build Record Size Stainless Steel Chem Tankers

Odfjell has ordered four chemical tankers (with options for an additional four) with stainless steel cargo tanks from China Shipbuilding Trading CO., Ltd. and Hudong-Zhonghua Shipbuilding (Group) CO., Ltd. The ships cost $60m each. The 49,000 dwt ships, with a cargo capacity at 54,600 cbm, reportedly makes them the world's largest stainless steel chemical tankers, according to the Norwegian owner. The first ship is expected to be delivered in June 2019 and the following vessels with three months intervals.

Nicom Secures Texas Seaport Contract

Nicom Maritime, a division of Nicom IT Solutions of Halifax, won a contract to install a seaport software system for the Port of Beaumont in Beaumont, Texas. The system, an integrated vessel scheduling, cargo tracking, and billing system, is similar to the one currently in final stages of testing at the Port of Halifax. Beaumont represents the first U.S. customer for this newly-developed system. Other ports in Canada have earlier versions installed and are being supported by Nicom.

VARD 9 28 - 3 Module Carrier Vessels for KMTF. (For illustration only, courtesy VARD)

Vard Extends SCHOTTEL Propulsion Order

Having already secured the contract in early summer to fit 15 Vard design 9 21 module carriers, propulsion specialist SCHOTTEL has now also received a follow-up order to fit three further Vard design 9 28 vessels with 12 main and auxiliary units. The Norwegian Vard Group is building the first-mentioned 15 vessels for Topaz Energy and Marine, UAE, and the later three for KMTF, the National Maritime Republic of Kazakhstan. A total of 36 special variant SRP 340 Rudderpropellers (formerly SRP 1012) were ordered as the main propulsion units for all 18 carriers.

Rolls-Royce Wins Deal to Power USN TAO

Rolls-Royce won a contract to supply diesel generators, propellers and shaft lines for the US Navy’s new fleet replenishment oiler ships, the John Lewis Class. Planned to total 17 ships, the new John Lewis class (previously known as TAO – X) will increase the US Navy’s capability to transfer fuel to its surface ships, in operations around the globe. For each ship, Rolls-Royce will supply two Kamewa 150A Controllable Pitch Propellers (CPP), while two Bergen B32:40xL8A generator sets will provide power to satisfy on board energy requirements.

Strategy Adjustment Photo Royal IHC

Strategy Adjustment at Royal IHC

KINDERDIJK - 14 OCTOBER 2016 - As a direct consequence of persistently poor market conditions, Royal IHC, supplier of maritime equipment, is fine-tuning its strategy. IHC remains as committed as ever to boosting its knowledge-intensive activities, as is already happening in IQIP, Mission Equipment and Services. Responding to market demand, activities in The Netherlands will focus on creating added value for customers. company. This adjustment in strategic direction will have an impact on around 425 employees in The Netherlands.

Image Port of New Orleans

AAPA, Lamar University To Sign Port Management Education Deal

On the heels of entering into a Memorandum of Understanding in June to provide mutually-beneficial educational and professional development opportunities to help students and port professionals, the American Association of Port Authorities (AAPA) and Lamar University on Oct. 26 will sign a program agreement that reflects their shared commitment in preparing port industry professionals and leaders for future opportunities and challenges. The agreement will be signed at 9:00 a.m. on the final day of AAPA’s 105th Annual Convention and Expo, in New Orleans, Oct. 23-26.

Mark Hunt (Photo: Simmons Edeco)

Simmons Edeco Promotes Hunt to Operations Manager

SIMMONS EDECO, a  supplier of wellhead and valve maintenance, asset integrity solutions and onshore drilling services to the global oil and gas industry, announced that Mark Hunt has been promoted to the newly created position of Operations Manager for its European base of operations in Great Yarmouth, England. In his new role, Hunt is responsible for overseeing the strategic development of operations initiatives. In view of the company’s recent reorganization that involves plans to expand globally, Hunt is reviewing existing processes with a view to standardizing and strengthening operations.

MARAD to Develop Shipboard Training Best Practices Material

The Maritime Administration (MARAD) has signed a $198,000 cooperative agreement with the Ship Operations Cooperative Program (SOCP) to develop interactive Computer Based Training Modules, a Best Practices Tool Kit, and other training materials concerning appropriate shipboard climate within the U.S. Merchant Marine. The training material will help mariners better identify and prevent sexual harassment, bullying, retaliation, violence and other coercive behaviors as well as assist industry efforts to aggressively promote a culture of zero tolerance for such behavior.

Photo:  Colombo International Container Terminals Ltd

Concor Consortium to Bid for Colombo Container Terminal

Container Corporation of India (Concor) has  formed a consortium with APM Terminals B.V., John Keells Holdings and Maersk Line in order to bid for the development of East Container Terminal in Colombo, reports Hindu Business Line. The total project value is likely to be about $550-600 million. The Colombo Port currently has four container terminals. In 2008, a new harbour basin, the Colombo South Harbour was developed to accommodate deep draft vessels and the Sri Lanka Ports Authority (SLPA) decided to develop four new terminals…

(Photo: Shell)

World's First LNG-Powered Cruise Ships: Shell to Supply Fuel

Shell Western LNG B.V. (Shell) signed a supply agreement with Carnival Corporation & plc (Carnival) to supply liquefied natural gas (LNG) to fuel two of the world’s largest passenger cruise ships. Under the agreement, Shell will supply LNG for the world’s first LNG-powered cruise ships due to start sailing in northwest Europe and the Mediterranean in 2019. This will be the first time LNG in dual-fuel engines will be used in the cruise industry to power ships both in port and at sea.

Photo: Abu Dhabi Ports

COSCO Ports Arm Inks Terminal Deal in Abu Dhabi

Abu Dhabi Ports has signed a container terminal concession agreement with COSCO SHIPPING Ports Limited - Abu Dhabi (CSPL SPV), a wholly-owned subsidiary of container terminal operator COSCO SHIPPING Ports Limited, a subsidiary of China COSCO SHIPPING Corporation Limited. The event was held in the presence of His Excellency Dr. Sultan Ahmed Al Jaber, the UAE Minister of State and Chairman of Abu Dhabi Ports, Zheng Chiping, Deputy Director of the foreign investment department of the National Development and Reform Commission of PRC and Wan Min…

PHOTO: Betriebsteil Lemwerder©Wolfgang Kundel (terra-air service)

Shipbuilding Consolidation: Luerssen Acquires Blohm+Voss GmbH

Family owned and Bremen based shipyard, Luerssen acquired storied shipyard Blohm+Voss in Hamburg, the company announced on Wednesday, September 28, 2016. With the acquisition of Blohm+Voss, Luerssen said it is entering into a long-term relationship to strengthen its portfolio in the repair and refit activities for yachts, naval and commercial ships as well as enhancing its naval new build activities within their corporation. The contract between Luerssen and the funds of British private equity investor…

Cooper to Supply Five Cranes for ABP

Cooper Specialized Handling, supplier of port equipment in the UK, has secured contracts with a total value of £6 million  ($7.7 mln) with Associated British Ports (ABP) for the supply of five Mantsinen hydraulic cranes. The five contracts include an order for the 200M, the world's largest hydraulic crane. Port operator ABP has a network of 21 ports across England, Scotland and Wales. In 2015 ABP and its customers handled 92 million tonnes of cargo ranging from bulks to containers and cars to coal. The new Mantsinen cranes will be deployed at five of ABP's short sea operations across the UK.

Photo: SHIPLYS

SHIPLYS to Advance Ship Design, Production Process

The European Commission has granted 6.2 Million Euros ($6.9mln) for a new research project called SHIPLYS (Ship Lifecycle Software Solutions). The project gathers a team of 12 leading maritime companies and research facilities from several European countries in order to develop simulation and modelling tools that will minimise the time and costs involved in ship design and production. Calculation and modelling tools currently used to overcome these needs are difficult to use and time consuming, especially for SMEs.

Nitin Gadkari, Union Minister of Road Transport & Highways and Shipping. Photo: Official FB Page

India Proposes New MCA for Port Sector

India's Shipping Ministry on Thursday proposed a new model concession agreement (MCA) to attract more private sector investments in the development of port infrastructure. The proposed MCA will replace the existing agreement which came into existence in January 2008. "The proposed MCA has taken into account the suggestions provided in various reports by Member Planning Commission (2010), Indian Ports Association (IPA-2015) and Kelkar Committee Report (2015)," says a press release from the Ministry.

Photo: Inland Waterways Authority of India

Germany's DST Bags IWAI Contract for Designing Special Vessels

With its objective of providing safe, environment friendly and economical mode of transportation through National Waterway-1 (NW-1), the Inland Waterways Authority of India (IWAI),Ministry of Shipping signed a contract with DST, Germany to design vessels, especially suited to navigate the 1620 km stretch of NW-1. Speaking on the occasion a senior IWAI official said it is a revolutionary step and a milestone in the journey of NW-1. “The objective of IWAI is to go along with nature and disturb the river minimally.

Chet Morrison Partners on Riser Project

Chet Morrison Contractors’ Deepwater Riser Services division recently completed work on a complex deepwater riser maintenance project for an offshore drilling rig that included complete disassembly, blast, paint and reassembly of 57 risers. By partnering with the Original Equipment Manufacturer (OEM) on the project, Chet Morrison Contractors was able to deliver key services that allowed for an OEM-recertification on the risers. In addition, by taking advantage of Chet Morrison Contractors’ available shop space and labor capacity…

Photo: Hanjin Shipping

NRF Pushes Hanjin Concerns with Commerce Department

The National Retail Federation and the Hardwood Federation has led a coalition of 120 organizations representing retailers, manufacturers, agribusinesses and other sectors affected by the Hanjin Shipping bankruptcy in sending a letter to Commerce Secretary Penny Pritzker outlining specific concerns and urging her continued leadership in bringing about a resolution. “U.S. businesses rely on predictability in their supply chains, particularly during the busiest shipping season of the year,” wrote NRF and the other coalition members.

Courtesy Boskalis

Boskalis to cut 650 jobs, 24 vessels

Royal Boskalis Westminster N.V. (Boskalis) announces that its Works Council has unanimously rendered a positive advice on the fleet rationalization plan announced early July. Part of the positive advice in an agreement to continue to crew two of the five Fairmount vessels for the time being with Dutch employees. As a consequence, 24 vessels will be taken out of service in the coming two years resulting in the loss of approximately 650 jobs worldwide. Furthermore, Boskalis has reached an agreement in principle with the Works Council on a social plan.

The Port of Savannah is poised to rapidly increase service to an arc of inland markets, from Atlanta to Memphis, to St. Louis, Chicago and the Ohio Valley. Key to expanding rail service is a $128M project linking Garden City Terminal's two rail yards.   (Georgia Ports Authority / Stephen B. Morton)

GPA Marks Record August Box Volumes

At the Georgia Ports Authority board meeting Monday, Executive Director Griff Lynch reported the GPA achieved an August record of 330,846 twenty-foot equivalent container units, a robust increase of 5 percent compared to August 2015. "August container unit volumes were the third highest in the Authority's history, behind April and May 2015 at the height of diverted cargo from the West Coast," Lynch said. Total cargo across all terminals reached 2.62 million tons in August, an increase of 117,470 tons, or 4.7 percent.

Preliminary data; All data includes dry, reefer and tank cargoes Source Datamar

Freight Rates in Europe-ECSA Trade Continue Declines

Container volumes from North Europe and the Mediterranean to the East Coast of South America have now fallen in 26 of the previous 28 months, with the latest statistics from Datamar showing that shipments fell by 8% year-on-year in July. It is the smaller Med to ECSA trade that continues to experience the largest fall-off in volumes with the Datamar figures showing that exports from the Med were down by 12.2% Y/Y after seven months of 2016 to 117,500 teu; versus a decrease of 8.8% for North Europe exports to 306,400 teu.

U.S. Coast Guard Awards ESG with Phase II OPC Contract

The U.S. Coast Guard awarded a contract to Eastern Shipbuilding Group, Inc., of Panama City, Florida, Thursday for the production of the lead Offshore Patrol Cutter (OPC) and up to eight follow-on cutters. The total award was valued at $110.29 million. The contract has a potential value of $2.38 billion with options to produce nine cutters. The OPC acquisition will replace the service’s aging fleet of medium endurance cutters, some that are in excess of 50 years old. Each OPC will feature a flight deck and advanced command…

Kipevu Oil Terminal at Mombasa Port to Relocate

Kenya Ports Authority annoucend: Kipevu Oil Terminal at Mombasa Port will be relocated early next year, to Dongo Kundu area, as a result of the ongoing capacity expansion programme. New, upgraded modern oil terminal is expected to have a capacity to accommodate four vessels of up to 200 000 DWT. The project also involves building new cargo handling facilities with both, subsea and land based pipelines and four berths capable of loading/discharging crude oil, HFO, DPK-aviation, AGO-Diesel and PMS-Petrol.

Left to Right: Chris Desmond (LR), Dean Shoultz (MCFO), Rafael Riva (LR), Michael Klein-Urena (LR) and David Hanowski (MCFO)

Lloyd’s Register, MarineCFO Partner to Provide Turnkey SubM Solutions

Industry Innovators Combine to lead US Towing Vessel Compliance. Lloyd’s Register North America, Inc. has formally announced to the United States Coast Guard its intention to assume Subchapter M Third Party Organization duties effective immediately. This message was followed by the signing of an exclusive Subchapter M joint marketing agreement between Lloyd’s Register North America, Inc. and workboat technology provider MarineCFO, who will jointly bring comprehensive solutions for compliance with Subchapter M.