Capacity utilization analysis is a critical factor in determining both long-term contract freight rates & short-term spot rates for fully cellular vessels.PIERS announce it has issued an exclusive report titled 'The PIERS Capacity Utilization Report: Full year…
Counter-piracy warship 'HNLMS Rotterdam' frees captives from pirated dhow, the accused to face trial in The Netherlands.After a three day hunt by NATO and EU counter piracy forces, HNLMS Rotterdam in close cooperation with EU unit FGS Sachsen…
COSCO Corp. secures US$170-million order from Talland Navigation Corp. Ltd. for a jack-up drilling rig.COSCO (Dalian) Shipyard Co. Ltd., a subsidiary of COSCO Shipyard Group Co. Ltd., has secured a US$170-million contract from Talland Navigation Limited Corporation…
Sinopacific Shipbuilding Group to team up with event organizer The Oriental Pro-Energy Consulting Organization (Topco).Sinopacific announce its cooperation with the leading event organizer The Oriental Pro-Energy Consulting Organization (Topco)…
Subj: ALTERNATE PRESSURE RELIEF VALVE SETTINGS ON VESSELS CARRYING LIQUEFIED GASES IN BULK IN INDEPENDENT TYPE B AND TYPE C TANKS. Ref: (a) International Code for the Construction and Equipment of Ships Carrying LiquefiedGases in Bulk…
More Charges for Alleged Somali Pirates Indicted for Attack of the USS Ashland. A federal grand jury in the Eastern District of Virginia has returned a second superseding indictment, charging five men from Somalia with engaging in piracy…
China initiates a trial program in Shanghai designed to help the nation’s beleaguered shipowners.Under the new policy by the Ministry of Transport, ships leased by shipping companies from financing firms could be regarded as part of the owner’s…
First of three BAE Systems built patrol boats for the Brazilian Navy, departs the UK for Rio de Janeiro.Amazonas has completed a rigorous sea-training program under the eye of the Flag Officer Sea Training with the Royal Navy off the South coast of England…
Nearly 300 new Ingalls Shipbuilding employees receive a right royal welcome into the workforce. The new employees were welcomed by Governor Phil Bryant, Ingalls Shipbuilding President Irwin Edenzon and Mississippi Gulf Coast Community College…
Container ship traffic: Chennai Port in SE India is going all out to regain top position.Work on the Chennai Port Mega Terminal Project is expected to start shortly and the first ship would be berthed in three years at the new terminal, according to Atulya Misra…
GE to acquire Naxys, supplier of leak detection & condition monitoring sensors for subsea applications.Naxys, is a Norway-based provider of subsea leak detection and condition monitoring sensors based on passive acoustic technology.The acquisition…
China to build a test & certification network for its Beidou satellite navigation system over the next three years.An authoritative testing and certification system with uniform standards and legal support will secure the Beidou system's safe operation and accelerate its industrialization…
France Telecom-Orange announce abandonment of its cable ship 'Chamarel' off the coast of Namibia.A fire broke out on the cableship Chamarel while returning from a repair operation on the Sat3-Safe cable off the coast of Namibia in the Atlantic Ocean…
NOAA raises hurricane season prediction despite expected El Niño, updated outlook calls for near- or above-normal Atlantic season.This year’s Atlantic hurricane season got off to a busy start, with 6 named storms to date, and may have a busy second half…
Two Pure Car/Truck Carriers (PCTC) for GCC named at the Nantong Mingde Shipyard.At the christening ceremony of the two vessels at the Nantong Mingde Heavy Industry shipyard, godmothers , Ms. Agnes Blystad from Norway and Mrs Shishido a director of MOL…