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SHIPPING

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Environmentalists Threaten Another Lawsuit Over Stricter Ballast Rules

Published Wednesday, February 22, 2012

In their long-running battle with the federal government, environmentalists are threatening to file another lawsuit over ballast water discharges from cargo ships. The dumping from ships is blamed for spreading invasive species into the Great Lakes and other waters throughout the United States. These groups believe that ships entering...

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Container Shipping

NOL Group Reports US$478 Million Loss for 2011

Published Wednesday, February 22, 2012

NOL Group today reported a US$478 million net loss in 2011 following net earnings of US$461 million in 2010.  The container shipping and logistics company said unsettled economic... Read More >>

Maersk Line Cuts Capacity on Asia - Europe Trade

Published Friday, February 17, 2012

Oversupply of container vessels operating on the Asia – Europe trade lane has pushed Maersk Line’s container freight rates to unsustainably low levels. In order to rationalise its... Read More >>

Cruise Ships

Divers Find More Bodies at Costa Concordia Wreck Site

Published Wednesday, February 22, 2012

Another alleged four bodies have been found at the wreck site of the semi-submerged Costa Concordia cruise ship, according to officials in charge of the clean-up of the January 13th accident.... Read More >>

Safety at Sea Is What We Do

Published Friday, February 17, 2012

by Tony Munoz, Editor-in-chief, The Maritime Executive Magazine, The MarEx Newsletter The Costa Concordia incident proved just one thing: Human beings are flawed no matter how much training... Read More >>

Dry Bulk Shipping

China's Ship Ban Limited to Vale's Mega Ore Carriers

Published Thursday, February 2, 2012

China’s ban on large ships is now limited to Vale’s colossal iron ore vessels, according to shipping officials. The maritime community has been relieved of confusion regarding... Read More >>

Nickel Ore Deemed Deadliest Bulk Cargo on Ship Sinking Risks

Published Wednesday, February 1, 2012

Intercargo has reported that nickel ore is now the deadliest dry bulk commodity that we ship by sea. As a cargo that turns to slurry during a voyage, nickel ore causes many vessels to capsize,... Read More >>

Ferries

Elliott Bay Designs New Beaver Island Ferry

Published Wednesday, February 15, 2012

EBDG wins contract to design 150-passenger ferry for service to Beaver Island, Mich. Elliott Bay Design Group (EBDG) won a contract to design a new 150 ft. steel ferry for the Beaver Island... Read More >>

Repeat Austal Customer Orders Efficient Medium Speed Ferry

Published Thursday, February 9, 2012

Austal has secured an order for a highly efficient medium speed ferry with leading French Polynesian operator and existing customer, SNC Aremiti Ferry. The 80 metre vehicle-passenger catamaran... Read More >>

General Cargo

Nickel Ore Deemed Deadliest Bulk Cargo on Ship Sinking Risks

Published Wednesday, February 1, 2012

Intercargo has reported that nickel ore is now the deadliest dry bulk commodity that we ship by sea. As a cargo that turns to slurry during a voyage, nickel ore causes many vessels to capsize,... Read More >>

Distressed Russian Cargo Ship Drifts in Pacific

Published Friday, January 6, 2012

Rescue teams have located shipwrecked refrigerator cargo vessel, Irina, after the ship was torn off anchor near Japanese-owned Kuril Island amid a raging storm and carried to the Pacific early... Read More >>

Ports

U.S. Senators, Commerce Official Tour Port of Savannah

Published Tuesday, February 21, 2012

Isakson, Chambliss, Acting Deputy Commerce Secretary Blank discuss Port’s role in increasing U.S. exports, job creation U.S. Senators Johnny Isakson and Saxby Chambliss met with... Read More >>

Voith Opens Office in Port of Hamburg

Published Tuesday, February 21, 2012

Since January 2012, the Voith Turbo market division Marine has been present in the Port of Hamburg with its own office managed by naval architect Sigurd Hildebrandt. In the new Große... Read More >>

Tanker Shipping

Two Tankers and Crew Detained Following Illegal Oil Transfer in Malaysia

Published Wednesday, February 15, 2012

Two vessels have been seized by the Southern Region of the Malaysian Maritime Enforcement Agency (MMEA). The ships are believed by authorities to have been attempting to transfer 130,000 liters... Read More >>

Maersk Suspends Oil Tanker Trade Deals with Iran After EU Sanctions

Published Wednesday, February 8, 2012

Shipping and oil company, A.P. Moller-Maersk, has suspended new oil tanker deals with Iran because of the European Union sanctions which will embargo imports of oil from the Islamic Republic... Read More >>