Maersk Line believe demand for trade on its Asia- Europe route may grow until Lunar New Year in February.Imports into China have also helped increase demand as raw materials are shipped to Asia’s largest economy for final assembly while local consumers increase spending…
Farstad subsidiary, Farstad Shipping, Singapore, sells AHTS 'Lady Cynthia'.The buyers identity is not disclosed, but it is expected the vessel will be deployed in the Indian domestic market.Lady Cynthia was built in 1987 by Hart Fenton with a propulsion power output of 9…
Prospector Offshore Drilling agrees with two Chinese shipyards to extend options on 6 rig construction agreements.An agreement with Dalian Shipbuilding Industry Offshore Co. extends the expiry dates on three of its rig construction option…
SOLAS amendments aimed to prevent accidents during lifeboat launching entered into force on 1 January 2013.IMO informs that the amendments, adopted in May 2011, add a new paragraph 5 to SOLAS regulation III/1, to require lifeboat on-load…
Rear AdmTerry McKnight featured speaker at National Press Club inauguration of Piracy Daily Web publication.The event will usher in the launching of Piracy Daily which, together with the already-published Piracy Daily Bulletin, is meant…
Deputy Minister of Transport Victor Olerskyz informed that the Northern Sea Route will be administrated from Moscow.The new headquarters for the Northern Sea Route (NSR) will open in Moscow on January 28 2013. A representative office may be opened in Arkhangelsk later…
Miclyn Express Offshore's Thai J/V has taken delivery of the PSV 'UM Supporter' from Poet Shipbuilding & Engineering.The vessel immediately entered into a 3 year firm contract, plus two 1 year extension options, to provide coil tubing support…
The mobile drilling unit 'Kulluk', Shell Oil’s 266-foot-long floating drill rig, remains aground on the southeast shore of Sitkalidak Island, Alaska,Rear Adm. Thomas Ostebo, commander, Coast Guard 17th District and commander of Coast Guard forces in Alaska…
Chinese single-handed sailor Guo Chuan starts 2013 tackling strong winds & towering waves of the Southern Ocean’s Roaring Forties.The Chinese yachtsman is attempting to set a new world record for solo non-stop circumnavigation of the globe…
Matt Yacavone joins Crowley as Vice President of Sales and Chartering, Petroleum Services.He will be domiciled in the company's Jacksonville headquarters and report to Rob Grune, senior vice president and general manager, petroleum services…
Floating Production Storage & Offloading (FPSO) vessel 'Cidade de Itajaí' arrives at the Santos Basin.Petrobras announce the FPSO's arrival at its definitive location to be integrated to the Baúna and Piracaba field production system, which is in the Santos basin post-salt area…
IMO inform that regulations to improve the energy efficiency of international shipping entered into force 1, January 2013.The EEDI is a non-prescriptive, performance-based mechanism that leaves the choice of technologies to use in a specific ship design to the industry…
The Canadian Ferry Operators Association (CFOA) announce its team to lead the organization into 2013.CFOA is a member-based organization representing Canadian ferry owners and operators across the country. Ferries are an integral part of Canadas transportation system…
Chairman, President and Chief Executive Officer, Hornbeck Offshore Services, Inc.While this month’s selection for our INSIGHTS feature needs no introduction to maritime and energy insiders everywhere, Todd Hornbeck’s professional journey is worth pausing to reflect upon…
Effective Shutdown of Nation’s Busiest Water Transportation Artery Looms Between Early- to Mid-January. The American Waterways Operators (AWO) and Waterways Council, Inc. (WCI) have released revised data on the economic impact of an effective…