Freight rates hold on to a healthy level on the main routes according to the latest BIMCO Market Analysis Report.Excerpts from the report follow:Freight rates hold on to a healthy level on the main routes, while new large vessels are put…
Wärtsilä contracted to supply power systems of four modern diesel-electric tugs building for Australian owner Svitzer.The vessels are being built at the ASL shipyard in Singapore and are scheduled to be in operation by early 2014.Each of…
Sea ice in the Arctic is disappearing at a far greater rate than previously expected according to latest dedicated satellite data.Preliminary results from the European Space Agency's CryoSat-2 probe indicate that 900 cubic kilometres of summer sea…
Saudi Arabia's National Shipping Company of Saudi Arabia (BAHRI) & National Chemical Carriers Company Ltd. (NCC) ink long term charter deal.The National Shipping Company of Saudi Arabia (BAHRI) announces that its 80% owned subsidiary The National Chemical Carriers Company Ltd…
Intermarine & Scan-Trans unite to head for a leadership position in project & heavy lift cargo transportation.Danish Scan-Trans Holding A/S and U.S. based Intermarine, LLC announce a stock transaction. The two companies will create a platform…
There is still no permission for MSC FLAMINIA to enter a sheltered area or a subsequent emergency port says the ship manager's update.Reederei NSB and the salvage company both remain in contact with all littoral states to acquire this permission…
Dredging & maritime works specialists Royal Boskalis Westminster N.V. reports a 12% increase in revenue in first half year report 2012.HIGHLIGHTS· Record revenue of EUR 1.4 billion· EBITDA of EUR 255 million· Net profit of EUR 102…
The new center aims to promote education, research and policy innovation on contemporary challenges to America’s maritime interests.The center’s primary mission is to promote interdisciplinary research and scholarship across maritime policy communities and academic disciplines…
'HMS Diamond' joins with 'USS Enterprise' to demonstrate the Type 45 destroyer's outstanding air defence capabilities.During the exercise warfare specialists in Diamond's operations room helped to choreograph sorties of F-18 Super Hornets and other aircraft…
US Coast Guard responds to grounding of 1000-ft long freighter hard aground in downbound channel of St. Mary's River. The vessel is carrying approximately 62,000 tons of coal. The motor vessel Paul R. Tregurtha, owned by Interlake Shipping Company of Ohio…
Upcoming Cruise Shipping Asia-Pacific Conference organizers announce travel agent training program at Singapore conference.Cruise Shipping Asia-Pacific – conference and trade show focusing on the emerging Asia–Pacific cruise industry — announce…
MTN Satellite Communications & Wireless Maritime Services partner to introduce first maritime voice application. MTN Satellite Communications (MTN), and Wireless Maritime Services (WMS), announce the availability of the 'Connect at Sea' voice application…
Attorney for a Maine shipyard worker accused of setting a fire that caused $400 million in damage seeks to avoid grand jury indictment.Prosecutors say Casey James Fury, 24, of Portsmouth, N.H., confessed to setting a fire in May that damaged the Miami at the Portsmouth Naval Shipyard…
Hydrex offer a wide range of underwater repair or maintenance work on ship thruster units.An entire unit can be overhauled, propeller blades or seals can be replaced or repair work on a specific part of a thruster can be performed fast by Hydrex diver/technicians on site…
Miclyn Express Offshore takes delivery of 2011 built 70m Maintenance Support Vessel, renamed “MEO Galaxy”.Headquartered in Singapore Miclyn Express Offshore group of companies is a leading provider of service vessels to the expanding offshore oil and gas industry…
