Latest News - page 2602


Tankers Gain as US Imports Less, China More

May 15, 2012

Tankship freight rates on the up as global oil trade pattern changesAccording to Bloomberg, the U.S. is importing the least in 13 years as China buys more than ever, lengthening voyages for tankers and effectively reducing the fleet’s capacity…

US Offshore Wind-Powered Grid Project Grinds Ahead

May 15, 2012

The Google-backed 'Atlantic Wind Connection' underwater power line project planned off the East Coast clears a regulatory obstacleAs overall efforts lag off the Jersey coast, a federal agency approves Atlantic Wind Connection’s transmission plans pending environmental impact statement…

Reminder that North American ECA Operative in August

May 15, 2012

Singapore MPA circular reminds North American Emission Control Area under MARPOL Annex Vl takes effect from 1, August 2012The MPA circular reminds the Shipping Community on the entry into effect of the North American Emission Control Area…

Ship Managers Bilked by Owners

May 15, 2012

Ship managers sometimes victims of owners' bogus negligence claimsHard times have brought about an increase in bogus claims against ship managers by shipowners, warned the International Transport Intermediaries Club (ITIC) in its latest issue of 'Claims Review'…

Naval Force Mounts First Air-strike on Pirate Shore

May 15, 2012

EU Naval Force sent in airplanes to take out known pirate supplies on the Somali shoreFollowing the decision taken on 23 March 2012 by the Council of the European Union to allow the EU Naval Force to take disruption action against known pirate supplies on the shore…

Crippled MSC Container Ship Monitored by USCG

May 15, 2012

Coastguard monitors safety aspects as MSC hire Donjon-Smit to make a salvage assessment of fire-damaged 'MSC Idil' off the Puerto Rico coastThe coastguard reports as follows:The 900-foot container ship suffered an explosion onboard late Friday afternoon…

GrabCAD Announces Design Challenge for Mega Yacht Maker Lürssen

May 14, 2012

GrabCAD, an online community of over 180,000 mechanical CAD engineers, has launched a design challenge tasking members to model a damping device for wind breaker doors for Mega Yacht maker Lürssen. The winners will have the opportunity to win cash prizes totalling $4000…

Troy Container Line Promotes Key Personnel

May 14, 2012

Troy Container Line Ltd, announced May 14, 2012 the appointment of three key personnel to management positions.  Svetlana Azimova has been named Assistant Vice President of Troy Container Line’s Freight Cashier Department; Jonathan Lasker has…

AIDA: World’s Largest Ship’s Inauguration in Hamburg

May 14, 2012

1.4 million strong turn out for AIDA Ship Parade in Hamburg, GermanyThe latest cruise ship of the AIDA fleet – AIDAmar – was inaugurated on the evening of May 12, 2012 with an extravaganza at the Port of Hamburg, accompanied by her three sister ships…

SCI Announces E-Learning Partnership

May 14, 2012

Beginning May 2012, The Seamen’s Church Institute (SCI) will enter into partnership with Consolidated Digital Publishing Inc. (CDP) to provide e-learning resources for companies and employees in the maritime industry.  SCI’s online course…

ABS Launches ‘ABS Connect’ Mobile Apps

May 14, 2012

ABS launched a suite of products that are desgiend to improve information transfer between the classification society and its clients around the world. ABS Connect looks to streamline communications, placing more in-depth information in the hands of industry…

Ahrenkiel Shipmanagement Receives SEEMP Certificate

May 14, 2012

The containership AS Scotia already meets the requirements of the Ship Energy Efficiency Management Plan (SEEMP), which will become compulsory as of 1 January 2013. The SEEMP has been adopted by the IMO as a mechanism for vessels to improve their operational energy efficiency…

Global Diving & Salvage Appoints New Ops Manager

May 14, 2012

On  May 11th 2012, Global Diving & Salvage, Inc. announced the promotion of Ben Daily to Dive Operations Manager - Alaska Region. Mr. Daily, with more than 10 years in the commercial diving industry, has been with Global since 2004. During his tenure…

DDW Embraces Enviro Initiatives

May 14, 2012

Drydocks World and Maritime World has implemented several new initiatives and deployed new highly advanced environmental friendly technologies.Drydocks World and Maritime World has embarked on a ‘ZERO HARM’health, safety and environmental initiative which envisages ZERO fatalities…

Report: Chem Tanker Rates Slide

May 14, 2012

Drewry’s Chemical Tanker Freight Rate Index dropped during the first quarter, registering its first quarterly decline since 3Q10. Transpacific westbound rates lost as much as 13%. The next quarter is traditionally a lean period, with Drewry…

Current News

Russian Oil Freight Rates to India Remain High

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Baltic Index Hits Almost Five-Year High

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