Business Marinenews Maritime Vessel Blogs

Size counts on weak Asia-Europe routes

Posted to Far East Maritime (by Greg Knowler) on June 19, 2013

The mega vessel sharing agreement between the world’s three biggest container lines is going to completely dominate Asia-Europe trade with ships from Maersk, MSC and CMA CGM having a good 40 percent share of the market. The P3 Network, as it is called…

Albatross

Posted to Maritime Musings (by Dennis Bryant) on August 14, 2012

The albatross is the largest of all birds in terms of wingspan (up to 12 feet). It can be found soaring above all ocean waters of the Southern Hemisphere and above the North Pacific. It is largely absent from the North Atlantic, probably due to loss of habitat.

USCG Waives Maritime Security Regulations for Some Facilities

Posted to Maritime Transportation Security News and Views (by John C.W. Bennett) on July 26, 2011

The US Coast has just issued MTSA Policy Advisory Council Decision 02-11 (PAC 02-11), “Waiving Facilities that Transfer Certain Low Risk Commodities.” Owners/operators of MTSA-regulated facilities that transfer or store bulk commodities that are listed in the Decision as being low risk can…

Carriers warn Vale's big bulkers will dampen rates

Posted to Far East Maritime (by Greg Knowler) on December 9, 2010

The dry bulk shipping business is going through a tough time. It is an incredible 80 percent down on the market peak in May 2008, and rates have led carrier operators on a wild and volatile ride ever since. The industry is currently oversupplied with bulk carriers…

Subsea Power Grid to Enable Large-Scale Subsea Processing

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on June 16, 2010

Large-scale seabed processing facilities will require a subsea power grid system that is able to operate for long step-outs with total reliability withstanding extreme pressure and temperatures. As technology leader on land-based power grids…

Bharati Shipyard in control of Great Offshore

Posted to Bharati Shipyard in control of Great Offshore (by Joseph Fonseca) on May 17, 2010

The battle for Great Offshore, country’s largest integrated offshore services firm, has finally ended with Bharati Shipyard in total control and ABS shipyard left trying to dilute its share holding in the company. Last week Bharati Shipyard…