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Henriksen Debuts First Norsok Compliant Lifting Hook

Jun 18, 2015

A new quick release off-load lifting hook is being introduced at Seawork by H Henriksen of Norway for use principally with emergency rescue boats (Stand  A237). The new hook is the first in the world to be compliant with the newly introduced NORSOK R-002 lifting equipment regulations…

China to Use Civilian Ships for Military

Jun 18, 2015

The Chinese government has approved a set of technical guidelines that require all civilian shipbuilders to ensure that their new vessels are suitable for military use in an emergency, the China Classification Society has revealed, reports Reuters…

Poseidon to Go Public

Jun 18, 2015

Poseidon Containers Holdings, a private equity backed containership operator with an initial fleet of 18 vessels, has filed for an initial public offering.  It plans to raise $100 million, which is likely only a placeholder as Poseidon…

Hijacked Tanker Located in Cambodian Waters

Jun 18, 2015

MT Orkim Harmony, the fuel-laden Malaysian tanker that “disappeared” off the east coast of Johor last Thursday has been detected in Cambodian waters, according to Chief of Navy Admiral Abdul Aziz Jaafar says a report in Bernama. Abdul Jaafar said the tanker had been repainted and renamed…

Hercules Offshore to Begin Restructuring

Jun 18, 2015

The Houston-based NASDAQ-listed drilling contractor Hercules Offshore Inc. (HERO) has entered a restructuring agreement with a noteholder group, and expects a prepackaged reorganization plan. HERO says the agreement will convert $1.2B of debt to new common equity…

KNOT Orders New Tanker for Charter with BG Group

Jun 18, 2015

Knutsen NYK Offshore Tankers AS (KNOT) has concluded a time-charter contract with Brazil Shipping 1 Limited, a subsidiary of the U.K. energy supplier BG GROUP PLC.  This contract is for a maximum 20-year period starting from the second…

Pirates Attacks Three Ships in SOMS within Three Hours

Jun 18, 2015

Three commercial ships were boarded by pirates within just three hours of each other in Straits of Malacca and Singapore (SOMS), the ReCAAP Information Sharing Centre (ISC) has reported. The vessels have been identified as the Brazilian-flagged bulk carrier MV Densa Shark…

USC Acquires Zvezda

Jun 18, 2015

United Shipbuilding Corporation (USC) has taken on 53.5122% of the voting shares of the long planned Far Eastern Plant Zvezda shipbuilding complex in Russia’s Far East. Zvezda (a company of the Far Eastern Shipbuilding and Ship Repair Center…

Greatship Sells AHTS Vessel

Jun 18, 2015

Indian shipping company Great Eastern Shipping has announced that its wholly owned subsidiary, Greatship, has sold and delivered anchor handling tug supply (AHTS) vessel Greatship Akhila (7,080 bhp, built 2009) to unnamed buyers. 'Greatship (India) Ltd (GIL)…

NOAA Issues Whale Advisory to Mariners

Jun 17, 2015

The National Oceanic and Atmospheric Administration (NOAA) broadcasted an advisory concerning populations of endangered whales off the coast of California, stating large numbers of endangered whales are being observed along the coastline. Voluntary…

Bay Diesel Names Bratton GM

Jun 17, 2015

David Bratton has been promoted to general manager of diesel engine sales and repair specialist Bay Diesel & Generator in Richmond, Va. Bratton joined Bay Diesel four years ago as a territory sales manager, bringing to the company more than 20 years of experience in the diesel engine field…

UK Shipping Company Fined for Environmental Crimes

Jun 17, 2015

Norbulk Shipping UK Ltd, a company based in Glasgow, U.K., and operator of the reefer cargo ship M/V Murcia Carrier, pleaded guilty to failing to maintain an accurate oil record book in violation of the Act to Prevent Pollution from Ships (APPS) and providing false statements to the U…

Seawork Honors 2015 Award Winners

Jun 17, 2015

After the first day of Seawork International, nearly 300 exhibitors packed The Vestry, Southampton, to enjoy canapés and bubbles at Seawork’s Network and Awards Evening, and to find out the winners of the Innovations Showcase, the Sprit of Innovation Award…

PYP Acquires Hydrasud Activities in La Ciotat

Jun 17, 2015

Performance Yacht Painting (PYP), a specialist in superyacht and megayacht paintwork, announced that it has completed the acquisition of Hydrasud activities at la Ciotat in the South of France. Founded over 10 years ago within the La Ciotat shipyards…

Seafarers’ House to Celebrate International Day of the Seafarers

Jun 17, 2015

Broward College, Crowley, SIU to take part in daylong event Most people don’t realize what an important role the world’s 1.5 million seafarers play in our global economy. Without them, the bulk transportation of important raw materials, food…

Logistics News

Imports drop 9% at Los Angeles Port in May Under 145% Tariffs on China

Imports drop 9% at Los Angeles Port in May Under 145% Tariffs on China

Commodity Report: Scramble to Import Copper Creates Market Imbalance

Commodity Report: Scramble to Import Copper Creates Market Imbalance

Charge It: ‘Electrification’ Momentum Mounts in Maritime

Charge It: ‘Electrification’ Momentum Mounts in Maritime

Nibulon to Export 1 Million Tons of Grain Via Black Sea Port of Chornomorsk

Nibulon to Export 1 Million Tons of Grain Via Black Sea Port of Chornomorsk

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