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Vessels

No Sign Ship Collision Was Intentional -US Navy Chief

(U.S. Navy photo by Joshua Fulton)

There was no indication that the collision between a U.S. Navy ship and a tanker near Singapore on Monday was intentional, U.S. Navy Chief of Naval Operations Admiral John Richardson told reporters at the Pentagon on Monday.   Ten U.S. sailors were missing after a collision between the USS McCain destroyer and the tanker,

Akutan Response Continues off Alaska

Fishing vessel Akutan in Captains Bay near Unalaska, Alaska, August 18, 2017. (U.S. Coast Guard photo)

The response to potential pollution from the fishing vessel Akutan continues in Captains Bay near Unalaska, Alaska.   The U.S. Coast Guard, the Alaska Department of Environmental Conservation and the city of Unalaska established a unified command, and responders are continuously monitoring levels

Navy to Widen Probe after US Warship Collision

U.S. Defense Secretary James Mattis  (Photo: U.S. Department of Defense)

U.S. Defense Secretary James Mattis said on Monday there would be a wider investigation into U.S. naval operations after a American warship collided with an oil tanker east of Singapore, leaving 10 sailors missing in the second accident involving a U.S. warship in two months. "The chief of naval

Monaco Yacht Show Lineup Unveiled

Photo courtesy of MYS

This September 27, the Monaco Yacht Show unveils the exhibition of 125 extraordinary one-off superyachts built by the most reputable shipyards and exhibited by the most influential brokerage houses.   Superyacht owners, future clients and the industry influencers will turn their focus exclusively to the MYS,

Construction Milestone for RRS Sir David Attenborough

(Photo: Cammell Laird)

The stern section of Britain’s new polar research ship, RRS Sir David Attenborough, will be transported by barge this week from Hebburn-based shipyard A&P Tyne (Newcastle), part of A&P Group, to the Cammell Laird’s shipyard in Birkenhead.    The new ship is a major U.K. Government investment in frontier science.

Nakilat, Shell Completes First Phase of LNG Carrier Management Transition

Nakilat's flagship, the QMax Mozah. Photo:  Qatar Gas Transport Company Ltd. (Nakilat)

 Nakilat Shipping Qatar Limited (NSQL) a wholly owned subsidiary of Nakilat and Shell International Trading and Shipping Company Limited (Shell), have completed the first phase of what will be the world’s largest management transition of LNG carriers.   The Q-Max LNG carrier Al Mafyar was the 10th

Fujairah Terminals Welcomes First Container Feeder Vessel

Photo courtesy: Official Twitter Page of Abu Dhabi Ports‏

 The newly established Fujairah Terminals, under the management of Abu Dhabi Ports, has welcomed its first container feeder vessel, the Dubai Alliance, reported Gulf News.   This is the first ship to arrive at the terminal, which is wholly owned by Abu Dhabi Ports, the master developer, operator and

Bahri Completes Registration Of ASLAF Under Saudi National Flag

National transportation carrier aims to register all of its 39 VLCCs by end-2017. Photo: Bahri

 National Shipping Company of Saudi Arabia  Bahri announced that the Ministry of Transport under the supervision of the Public Transport Authority (PTA) has completed the registration of ASLAF, a Very Large Crude Carrier (VLCC) owned and operated by Bahri, under the flag of Saudi Arabia.    The move

IPA Opens New Container Route

Photo: Incheon Port Authority

 Incheon Port Authority (IPA) announced that a regular container route ‘Thailand-Vietnam Services (TVX)’ launched by five shipping companies – Namsung Shipping, Dongjin Shipping, Pan Continental Shipping, Pan Ocean and CK Line – was newly opened.   Starship Pegasus (1,800 TEU) provided for the TVX

TEAM Sells Two Vessels in Q2

Image: Team Tankers International

 Team Tankers International Ltd. (TEAM) said that the company has agreed to sell the Tour Margaux (8,674 dwt, built 1993).    The transaction closed and the ship was delivered to the buyer in July.  The vessel is classified under Vessels Held for Sale as of June 30, 2017.    Subsequent to the quarter,

CMA CGM Hires Diana Containerships' Domingo

Domingo. Photo:  Diana Containerships Inc.

 Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with CMA CGM, Marseille, for one of its Panamax container vessels, the m/v Domingo.    The gross charter rate is US$8,500 per day, minus a 3.

TEN Get Charter for Two Suezmaxes

Photo: TEN

 Tanker operator Tsakos Energy Navigation (TEN) announced the expansion of its long term strategic alliance with a major US oil concern.    Two suezmax vessels have been chartered for three years, bringing the relationship to six vessels. These charters are scheduled to commence in early September

Coin Ceremony for Mexican Navy Newbuild

On Thursday, August 17, the Secretary of the Mexican Navy, Admiral Vidal Francisco Soberón Sanz, took part in a symbolic coin ceremony at Damen Schelde Naval Shipbuilding (DSNS) at Vlissingen in the Netherlands. He was accompanied by the Secretary of National Defense, General Salvador Cienfuegos.   The

Market Conditions Unchanged: Containerships

Image: Containerships

 Multimodal transport company Containerships said the guidance for 2017 remains unchanged. In 2017, Net Sales are expected to grow by 5-10% and EBITDA for the full year is expected to improve on the previous year.   The company does not expect any major changes in market conditions. The challenging

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