Vessels News

 

Human Performance and Limitation for Mariners

Nov 14, 2015

The Nautical Institute’s latest book, Human Performance and Limitation for Mariners, builds on a concept first introduced in the aviation industry that was responsible for a massive reduction in accidents. This concept will enable seafarers…

Essex Amphibious Ready Group in S. China Sea

Nov 13, 2015

The Essex Amphibious Ready Group (ARG) transited the Straits of Malacca and conducted routine operations in the South China Sea as part of a deployment to the Western Pacific Nov. 7-10.The ARG's flagship, the multipurpose amphibious assault ship USS Essex (LHD 2)…

Integrated Training, Travel Solution to Meet New STCW, OPITO Regulations

Nov 13, 2015

GAC Training and Service Solutions (GTSS), the specialist provider of world-class training for maritime personnel, has announced an agreement with ATPI Griffinstone, part of the ATPI Group, one of the leaders in travel solutions for the shipping and energy industries…

Long and Successful Links: Sanmar Hosts Robert G Allan

Nov 12, 2015

Some 200 delegates from all around Turkey attended the Pilotage & Towage Services Technologies Congress in Izmir, an event supported by shipbuilder Sanmar, whose Projects Director Ali Gurun presented a paper about technical specification of…

South African Boatbuilding: Tugboat Honors Mandela Birthplace

Nov 12, 2015

Transnet National Ports Authority announced a milestone in its $98 million tug building contract when the first of its nine new tugboats was launched at the Durban premises of contractor, Southern African Shipyards.   “This is the largest…

Information on USCG BWM Regulation

Nov 12, 2015

The United States Coast Guard (USCG) has issued the rule with regard to obligation of installation of ballast water management system for the vessels engaged in U.S. waters. The rule is entitled as 'Standards for Living Organisms in Ship's Ballast Water Discharged in U…

Another Hurdle for Iran Oil Tankers Comeback

Nov 12, 2015

Iran's oil tanker fleet is expected to face more hurdles before many of the vessels can start trading again due to insurance hiccups and tougher requirements over sea worthiness by potential foreign clients, despite easing of sanctions, reports Reuters…

TORM Product Tanker Freight Rates Climbs Up

Nov 12, 2015

TORM’s strong operational platform has delivered the highest product tanker freight rates since 2008 and a positive EBITDA of USD 96m in the third quarter of 2015, says its CEO Jacob Meldgaard. TORM has demonstrated its financial and strategic…

Iran Belgium Hold Talks to Build FLNG Unit

Nov 12, 2015

Minister of Petroleum, Bijan Zangeneh said that Iran and Belgium are in talks for possible floating production of liquefied natural gas (LNG) FLNG Unit off the Kharg Island in the Persian Gulf.  The issue was brought up during Zangeneh’s talks with Belgian Secretary of State for Foreign Trade…

NYK and Astomos Conclude Time-charter Contract for 12th VLGC

Nov 12, 2015

Nippon Yusen Kaisha (NYK)  concluded a time-charter contract for a new VLGC (very large gas carrier) with Astomos Energy Corporation, the world's pre-eminent liquefied petroleum gas (LPG) company.  The new VLGC will be built by Mitsubishi Heavy Industries Shipbuilding Co…

Lack of Proper Management Systems Cause Engine Damage

Nov 12, 2015

A new report from The Swedish Club shows that incorrect maintenance and repair continues to be the most frequent cause of main engine damage – a trend which has continued unabated since the Club began monitoring the issue nearly ten years ago…

Concordia Posts Strong Q3

Nov 12, 2015

Good positions in a market that exceeded expectations gave Concordia Maritime part of Sweden’s Stena Group, a very strong ­quarter for the season. It recorded after-tax income of SKr52.4M ($6m) for the third quarter, a dramatic turn from a SKr27m loss the same period a year ago…

ICBC Signs Financing Deal with F.Laeisz

Nov 12, 2015

The Industrial and Commercial Bank of China (ICBC) has signed a financing agreement with Germany shipping company F.Laeisz GmbH.  Under the agreement, the ICBC will provide 65 million U.S. dollars in export buyer's credit for F.Laeisz GmbH's…

DSD Shipping Convicted of Environmental Crimes

Nov 11, 2015

A federal jury in Mobile, Alabama, has convicted Det Stavangerske Dampskibsselskab AS (DSD Shipping) and three employees with obstructing justice, violating the Act to Prevent Pollution from Ships (APPS), witness tampering and conspiracy, announced Assistant Attorney General John C…

Presentations by Caterpillar at Baird Conference

Nov 10, 2015

Caterpillar Inc. Group President of Energy & Transportation Jim Umpleby and Director of Investor Relations Rich Moore will speak at the Baird 2015 Industrial Conference on Wednesday, November 11. They are scheduled to speak at 11 a.m…

Logistics News

Russian Grain Lobby Warns Black Sea Attacks Threaten Grain Security

Russian Grain Lobby Warns Black Sea Attacks Threaten Grain Security

France Selects Five Ports for $300M Floating Wind Investment

France Selects Five Ports for $300M Floating Wind Investment

July Russian Oil Exports From Western Ports Fall Amidst Black Sea Attacks

July Russian Oil Exports From Western Ports Fall Amidst Black Sea Attacks

Travis Niederhauser Appointed Company President at Phoenix

Travis Niederhauser Appointed Company President at Phoenix

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IndiGo, India's widebody carrier, will cease operations and terminate the Norse Atlantic Lease
UKMTO reports two incidents of tanker accidents off Oman
Official from the White House confirms that no drones with weapons were seized at the FIFA World Cup