Vessels News

 

Container Shipping Capacity Threat for Profitability

Jun 12, 2015

The rapid expansion of container shipping capacity this year threatens to reverse the strong profitability ocean carriers showed in the first quarter, Drewry Shipping Consultants Ltd said. Carriers weathered a storm of low rates in the…

Euronav to Acquire Metrostar VLCCs

Jun 12, 2015

The world’s largest listed crude-tanker operator Euronav is planning to buy 18 tankers for around $1.2 billion in one of the biggest deals involving oil carriers this year, reports WSJ. The reports says that Euronav is in advanced discussions…

Shell Barge Arrives in Alaska

Jun 12, 2015

The Arctic Challenger, an oil spill containment barge, that had left Bellingham, north of Seattle, and was headed toward Dutch Harbor, in Unalaska, off mainland Alaska,  reached port in Alaska on Wednesday, June 10, for a brief stop before…

All Women Crew Team SCA Win Volvo Ocean Race Leg 8

Jun 12, 2015

All-women sailing crew Team SCA have recorded their first victory of the Volvo Ocean Race, clinching the eighth leg in the Bay of Biscay off the coasts of France and Spain.  The Swedish boat, skippered by Briton Sam Davies, won the eighth and penultimate 647-mile stage…

USS Rushmore Aids 65 People Near Indonesia

Jun 11, 2015

USS Rushmore (LSD 47) rendered assistance to 65 people on makeshift bamboo rafts in the waters between the Indonesian islands of Kalimantan and Sulawesi June 10. Shipboard lookouts spotted the distressed persons waving orange and white flags…

IRClass Rules for Indian Naval Ships Released

Jun 11, 2015

The “Rules and Regulations for Construction and Classification of Indian Naval Combatant Ships”, developed by Indian Register of Shipping were formally released by the Chief of the Naval Staff, Admiral RK Dhowan, PVSM, AVSM, YSM, ADC  on 09 June 2015…

Shelter-in-place lifted, Houston Ship Channel reopened

Jun 11, 2015

A shelter-in-place was lifted and the Houston Ship Channel was reopened at 2:08 p.m. Wednesday, after an incident in the upper ship channel that caused the release of as much as 23,000 gallons of naphtha (PTN).The Coast Guard, Texas General Land Office…

Low Sulphur Fuel Regulation for Cruise Ships at NSW Ports

Jun 11, 2015

The Port Authority of New South Wales (NSW) has issued advice about the Consultation Draft of a new regulation requiring cruise ships to use low sulphur diesel fuel (sulphur content of 0.1% or less) from 1 October.If the regulation is passed…

PSA International Ventures into South-Western China

Jun 11, 2015

PSA International (PSA) established itself as the first and only Global Terminal Operator in the Guangxi-Beibu Gulf region by signing a Joint Venture Agreement with Beibu Gulf Port Group (BPG) and Pacific International Lines (PIL) to operate…

AMSA Prosecutes Shipping Cos, Masters for Pollution

Jun 11, 2015

The Australian Maritime Safety Authority (AMSA) has prosecuted two shipping companies and their masters for two separate marine pollution incidents within the Great Barrier Reef.Tokyo based Perses Maritima Ltd and the master of its Japan…

India's First Indigenous Aircraft Carrier INS Vikrant Undocked

Jun 11, 2015

India has undocked its first indigenously-built aircraft carrier INS Vikrant at a simple ceremony at Cochin Shipyard Limited (CSL) in Kochi, reports PTI. As of this week, the INS Vikrant, with a completed hull and internal structure, is…

Ulstein: Stronger Than a City

Jun 10, 2015

“Two brothers united are stronger than a city,” goes the biblical paraphrase. Surely, brother-sister tandems are also implied.According to local business records for Ulsteinvik — a swampy but beautiful corner of coastal Norway — Ulstein Group…

Helm Report Says Workboat, OSV Safety Compromised

Jun 10, 2015

Some 50% of crews working on offshore support vessels are willing to compromise safety rather than say ‘no’ to clients or senior management, while nearly 80% believe commercial pressures could influence the safety of their working practices…

Enforcement of Maritime Passenger Rights Regulation

Jun 10, 2015

The maritime passenger rights regulation entered into force on 12 December 2012. It made it possible for passengers to complain to the authorities about, for example, cancellations and delays. Until now, this has resulted in only a few complaints…

Summer Wind, Miss Susan Tow Collision Report

Jun 10, 2015

Collision between Bulk Carrier Summer Wind and the Miss Susan Tow Houston Ship Channel, Lower Galveston Bay, TexasThis is a synopsis from the National Transportation Safety Board's (NTSB) report and does not include the Board’s rationale for the conclusions…

Logistics News

Ukraine Strikes Russian Port in Astrakhan

Ukraine Strikes Russian Port in Astrakhan

Panama Canal to Launch Tender for Two New Ports

Panama Canal to Launch Tender for Two New Ports

Port of Los Angeles Reports Busiest Month Ever

Port of Los Angeles Reports Busiest Month Ever

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

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