Mitsubishi Heavy Industries, Ltd. (MHI) jointly with Imbari Shipbuilding receive orders for two Pure Car & Truck Carriers (PCTC's). In building the two vessels, MHI will provide Imabari with design information on PCTC construction, incorporating advanced ship technologies…
Before the EU adopted sanctions on Iran in July this year, Suezmax super tankers were in dire straits. Previously there were too many tankships in operation and not enough demand for transport through the Suez Canal on to Mediterranean ports feeding European markets…
Statement by FMCS Director on United States Maritime Alliance & International Longshoremen's Association Labor Negotiations.Federal Mediation and Conciliation Service (FMCS) director George H. Cohen, issued the following report on the progress…
Charter rates for capesizes have risen 50 percent from lows in mid-September.Rates have risen because of increasing demand as well as customers having to pay more to persuade shipowners to take their vessels out of lay-up, reports Bloomberg…
Norwegian Car Carriers ASA announce a new time charter contract for their 'NOCC Caspian'.The company's 100% owned car carrier NOCC Caspian's charter is for a duration of about 12 months with commencement in early December 2012.The concluded…
The largest port in Europe & the largest port in Scandinavia, sign an alliance to push availability of LNG as maritime fuel.The Port of Rotterdam and the Port of Gothenburg both located within the SECA area in northern Europe where stricter…
Buckeye Partners, sign a multi-year agreement with an Irving Oil subsidiary for multi-million barrel storage facility in Port of Albany on the Hudson River.The approximately 1.8-million barrel storage facility located within the Port of…
Norway's Fjellstrand AS contracted by Siem Offshore Rederi AS to construct an Ulstein SX 163 design offshore wind or oil installationl service support vessel.Main particulars of the Ulstein SX 163 are a length of 74 meters, a beam of 17 meters…
Siem Offshore declares contract options for STX OSV Holdings to design & construct two Offshore Subsea Construction Vessels (OSCV).The vessels will be equipped with a 250t AHC crane and with Launch and Recovery Systems (“LARS”) for Remotely Operated Underwater Vehicles (“ROV”)…
Nam Cheong, Malaysia's largest OSV builder, secures sales contracts worth US$2.1-million with West African buyers.The two PSVs are being built as part of the Group’s built-to-stock series in two of Nam Cheong’s subcontracted yards in China…
Fluor Offshore Solutions gains engineering, procurement and construction (EPC) support contract for Malampaya deep-water gas-to-power project.The project is being undertaken on behalf of the Philippine Government by the Service Contract 38 consortium composed of Shell Philippines Exploration B…
Major refit works on the British survey ship 'HMS Echo' start at A&P Falmouth Shipyard, on the SW coast of England.David Daniel A&P Falmouth Commercial Director said: “We are very familiar with HMS Echo, having carried out her previous refit five years ago and it’s great to have her back…
Great Lakes Dredge & Dock Corporation (GLDD) gets Wilmington Harbor anchorage basin deepening contract from Army Corps of Engineers.The contract, worth US$16.4-million, is for the deepening of the anchorage basin portion of the existing…
BIMCO has released a standard pooling agreement for use by tramp pools operating in dry and liquid bulk trades primarily on a COA or spot basis.After nearly three years of development work BIMCO has released for publication the industry’s first standard pooling agreement…
Time charters for Greece-based Hellenic Carriers' bulk ships 'Konstantinos D' & 'Hellenic Wind' have been fixed.The M/V Konstantinos D has been fixed for a period of 4-6 months at a daily gross hire rate of US$ 7,600. The charter commenced on 29 September 2012…
