| From : micportal.com
Not yet published.
Friday, 10 February 2012 13:59
World-leading low- and medium-speed engine manufacturers, Wärtsilä and MAN Diesel & Turbo, announce the kick off of the next phase of the extensive, long-term HERCULES research programme. The overall vision of the programme is to achieve sustainable and safe energy production from marine power plants. This next phase is made possible by funding from the European Commission. Phase III of the HERCULES programme, HERCULES-C, aims at integrating several... Read Full Story
| From : micportal.com
Not yet published.
Friday, 10 February 2012 13:49
At a hearing at Southampton Magistrates Court (8th February) the German owners of the Antigua and Barbuda registered cargo vessel Katja pleaded guilty to the overloading of their vessel
which had arrived in Liverpool laden with rock salt from the St. Lawrence Seaway, Canada in November 2010. The vessel was loaded to its marks with rock salt and sailed from Goderich to arrive at the Manchester Ship Canal on the 23rd November 2010. Rock salt was in high... Read Full Story
| From : micportal.com
Not yet published.
Friday, 10 February 2012 13:41
The global cruise industry announced a new emergency drill policy requiring mandatory muster for embarking passengers prior to departure from port. The new policy follows the industry’s announcement on January 27 of a Cruise Industry Operational Safety Review in response to the Concordia incident and as part of the industry’s continuous efforts to review and improve safety measures. The Cruise Lines International Association, European Cruise Council, and... Read Full Story
| From : micportal.com
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Friday, 10 February 2012 11:43
Drewry Maritime Research has just published a new report on Car Carriers, analysing a market that suffered less during the recession than most other sectors, but this is not to say the future is without its challenges. The Carrier Car industry has emerged from the global recession with what looks like limited damage compared with the head-on collision others experienced. Drewry believes that this sector, with its small orderbook, is better positioned than... Read Full Story
| From : micportal.com
Not yet published.
Friday, 10 February 2012 10:48
As container shipping lines face estimated 2011 losses in the billions of dollars across their global networks, including the transpacific trade, member carriers in the Transpacific Stabilization Agreement (TSA) have reaffirmed their commitment to restore rate levels going into 2012-13 contract talks. TSA carriers are recommending a second, across-the-board guideline rate increase of US$300 per 40-foot container (FEU), effective March 15, 2012, following on... Read Full Story
| From : micportal.com
Published to Travel Cruises
Friday, 10 February 2012 10:00
Disney Cruise Line took possession of its newest ship, Disney Fantasy, from the Meyer Werft shipyard in a traditional maritime ceremony aboard the ship. The Meyer Werft flag was lowered,
while the Disney Cruise Line flag was raised, transferring ownership from the shipbuilder to Disney. This final milestone closes the book on the ship’s construction journey and signals her readiness to welcome guests on her maiden voyage, set for March 31, 2012, from Port... Read Full Story
| From : micportal.com
Published to Mining
Friday, 10 February 2012 08:49
Petrobras announces the result of the negotiation with Sete Brasil and Ocean Rig, which had submitted offers for the charter and operation of drilling rigs to be manufactured in Brazil. The Company approved the contract for 21 offline rigs with Sete Brasil, at an average daily rate of US$ 530 thousand and the contract for 5 dual activity rigs with Ocean Rig, at the average day rate of US$ 548 thousand, both for a 15-year term. All units, which have local... Read Full Story
| From : micportal.com
Not yet published.
Thursday, 09 February 2012 13:47
Greatship Global Offshore Services Pte. Ltd. (GGOS), a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), which is a subsidiary of The Great Eastern Shipping Company Limited has taken delivery of GREATSHIP VIMLA, a 150T Anchor Handling Tug cum Supply Vessel, from Drydocks World-Singapore Pte. Ltd., Singapore. GIL had entered into the shipbuilding contract for the said vessel which was later novated to GGOS. Greatship Vimla is a Class II... Read Full Story
| From : micportal.com
Not yet published.
Thursday, 09 February 2012 13:29
Horizon Lines, Inc. the nation’s leading domestic ocean shipping and integrated logistics company, announced that one of its vessels enroute to Hawaii from the U.S. West Coast rescued
three sailboat passengers, including a nine-year-old boy, adrift in stormy seas in the predawn hours of February 8, 2012. Captain James Kelleher and the crew of the 893-ft. Horizon Reliance containership were directed by the U.S. Coast Guard to alter course at full speed... Read Full Story
| From : micportal.com
Published to Stocks
Thursday, 09 February 2012 13:11
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, yesterday took delivery of the newly-built m/v “Los Angeles”, a Newcastlemax dry bulk carrier of 206,104 dwt that was contracted in April 2010. As previously announced, the m/v “Los Angeles” is chartered to EDF Trading Ltd., London, at a gross rate of US$18,000 per day, minus a 5% commission paid to third parties, for a minimum forty-six (46) to... Read Full Story
