Solstad Offshore ASA (SOFF) has fixed the 2011-built 18,000 dwt crane barge Norce Endeavour to Chevron for work in Thailand next year for around 200 days. Solstad has received confirmation from Chevron in Thailand for the 2016 Offshore…
Yang Ming Marine Transport Corporation, Taiwnanese global shipping and logistics services company, will take delivery of 14 large-sized ships over the next two years, as it moves to expand its fleet of shipping vessels. At the end of March…
Star Bulk Carriers Corp has added M/V Star Jennifer (ex 'Ore Hansa), a 82,290 dwt Kamsarmax bulk carrier, built in 2006, to its fleet. The Company completed the acquisition of 34 vessels from Excel Maritime Carriers Ltd under an 'en bloc' transaction announced on August 19…
According to Drewry Supply Chain Advisors, liner shipping service reliability on the three East-West trades showed an aggregate on-time performance of 64% in March - a five-month high. According to Carrier Performance Insight, the online schedule reliability tool provided by Drewry…
Global fixture activity for suezmax crude tankers rose in the first quarter by 5% year on year, with most of the activity coming out of West Africa. Suezmax fixtures out of the Caribbean rose by 48%, most of which headed to the US Gulf and East coast Panama…
Seaspan Corporation (SSW) has accepted delivery of a 14000 TEU containership, the YM Wellhead. The new containership, which was constructed at Hyundai Heavy Industries Co., Ltd., is Seaspan's second 14000 TEU SAVER design containership and third delivery in 2015…
The Prime Minister Narendra Modi's 'Make in India’ initiative offers a plethora of opportunities in the maritime sector, particularly in shipbuilding, with the Shipping Ministry projecting a quantum jump in the volume of cargo and passengers moved through water transport…
MacGregor, part of Cargotec, has secured contracts to supply Pusnes bow loading systems for three newbuild shuttle tankers intended for operations in Brazilian waters. The order was booked into first quarter 2015 order intake. South Korean…
Steelhead Marine, a North American crane manufacturer, has expanded its product offering with the launch of the new E Series 1000 crane.Suited for commercial and recreational vessels, the E Series crane is available primarily in a 1,000-lb model with a 1…
Variable Bore Rams, Inc. (VBR), one of the largest original equipment manufacturer (OEM) ram and BOP component providers in the world, is celebrating its 35th year of providing exceptional support and service to blowout preventer operators…
The Georgia Ports Authority increased containerized cargo in March by 27.8 percent compared to the same month a year ago, for an additional 72,499 20-foot equivalent container units (TEUs). “We are moving record volumes while maintaining excellent service levels for our customers…
Chinese slowdown confirmed in Chinese and IMF data The Chinese economy grew by 7% y-o-y in the first quarter of 2015, according to National Bureau of Statistics in China. This is the weakest overall growth in six years. Growth during the quarter was strongest in the industrial sector (6…
Fugro has been contracted by the Netherlands Enterprise Agency, part of the Ministry of Economic Affairs, to execute the geotechnical site investigation and geological modelling of sites I and II of the future Borssele wind farm park. The 1…
The 32,000-ton Nord Explorer Cargo ship ran aground in the Delaware River around 4 a.m. Tuesday morning near the Riverton Yacht Club. No injuries or river pollution were reported by a spokeswoman from the U.S. Coast Guard. This is the second…
China has been allowed operation rights for 40 years at a port in Gwadar, a planned deep-water harbor in Pakistan. This move will give China access to Gulf countries, and the possibility of building a naval base on the Arabian Sea in future…