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Liverpool2 Passes Major Construction Milestone

Jun 18, 2015

Construction at the new £300 million ($500 million) container terminal being built at the Port of Liverpool has reached an advanced stage. Work to reclaim 12 hectares of land has passed the first stage with further infilling due to take place over the summer…

USCG, Paramedic Assist Man off Cape Fear

Jun 18, 2015

Coast Guard Oak Island crew members and a Brunswick County paramedic came to the aid of an ailing man Wednesday aboard a charter fishing vessel approximately 15 miles southeast of the Cape Fear River entrance. Personnel at Coast Guard…

Wärtsilä Hybrid Scrubbers for 3 Box Ships

Jun 18, 2015

Wärtsilä has received an order for Hybrid Scrubber Systems to clean the exhaust emissions from three 2,500 TEU container vessels. The installation has been ordered by a major European owner and operator and will be carried out at the Jinhai Heavy Industry Co…

ICTSI Donates AUD150,000 for Marine Research

Jun 18, 2015

Victoria International Container Terminal Ltd (VICT) recently presented Albert Park College with a AUD150,000 grant from VICT’s Community Investment Fund to fit out and resource a new Marine Research Centre at the school’s Environmental Arts Hub in Port Melbourne…

Responders Conduct Spill Exercise

Jun 18, 2015

Emergency responders from across Ohio gathered in Cleveland this week to participate in a preparedness response exercise.Exercises such as this one are designed to improve communication, planning and emergency response proficiency across local…

Vietnamese Freighter Grounds off Albay Coral Reef

Jun 18, 2015

Coral reefs in the vicinity waters of Legazpi, Albay were damaged by a Vietnam-flagged cargo vessel which ran aground 900 yards off the entrance of Legazpi City Port last Monday, June 15.MV Ocean 03, with 4,532 gross tonnages and manned by 21 Vietnamese crew…

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)…

Logistics News

Dardanelles Strait Traffic Resumes After Tanker Engine Failure

Dardanelles Strait Traffic Resumes After Tanker Engine Failure

Urals Freight Rates to India Rise Due to Bad Weather, War Risks

Urals Freight Rates to India Rise Due to Bad Weather, War Risks

Diana Shipping Plans Proxy Fight at Genco

Diana Shipping Plans Proxy Fight at Genco

16th Annual Maritime Risk Symposium-Student Research Poster Contest

16th Annual Maritime Risk Symposium-Student Research Poster Contest

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