Pavilion Energy undertook the first commercial ship-to-ship LNG bunkering in the Port of Singapore.
Month: May 2019
Ocean Yield, Aker Energy Extended FPSO Dhirubhai-1 Charter Option
Ocean Yield and Aker Energy extended the option for long-term charter for the FPSO Dhirubhai-1 by 30 days.
HII Wins $932mln LCS Planning Yard Contract
Huntington Ingalls Industries, America’s largest military shipbuilding company, announced that its Ingalls Shipbuilding division has been awarded a cost-plus-award-fee contract with a potential total value of $931.7 million for planning yard…
https://www.marinelink.com/news/hii-wins-mln-lcs-planning-yard-contract-465722
Ingalls Delivers 8th National Security Cutter
Huntington Ingalls Industries’ Ingalls Shipbuilding division delivered the National Security Cutter Midgett (WMSL 757) to the U.S. Coast Guard yesterday (May 1, 2019). Midgett is scheduled to sail away in June and will be commissioned later…
https://www.marinelink.com/news/ingalls-delivers-th-national-security-465723
Gulf Island to Build Navy Vessels
Gulf Island Fabrication (GIFI), an American manufacturer of specialized structures and marine vessels used in the energy sector, announced that it received an award for the construction of two additional towing, salvage and rescue ships (T-ATS) for the U.S.
https://www.marinelink.com/news/gulf-island-build-navy-vessels-465724
Seven Somalian pirates jailed for life in Tanzani
The High Court in Dar es Salaam, Tanzania, has sentenced seven Somali nationals to life imprisonment for piracy. The accused were charged with one count of piracy. The prosecution had told the court that the accused committed the offence in the Indian Ocean on October 3rd 2011, within Tanzania’s...
Rhine container surcharges return due to draft drop
Water levels on the Rhine, Europe’s main inland waterway, have been falling earlier than normal, resulting in the first low water surcharges of the year being imposed on European barge cargo. There are concerns that another long dry summer could repeat the bottlenecks experienced at the end of...
Clyde updates on Saudi Arabian marine law
Sara Khoja, Heidi Watson, Khurram Ali & Ahmed Alhudaithi have supplied an update for legal firm Clyde & Co on Saudi Arabian marine law. In January 2019 Saudi Arabia introduced a bespoke commercial maritime law. Currently, the KSA Labour Law (originally issued in 2005 and amended in 2015) contains...
https://insurancemarinenews.com/insurance-marine-news/clyde-updates-on-saudi-arabian-marine-law/
Europe – Canada & Mexico: MSC new rates
MSC Mediterranean Shipping Company S.A. announces the following freight rates as from June 1st, 2019 until further notice.
(All Prices are in US Dollars unless otherwise specified)
- The above Rates are inclusive of the Base Rate (i.e. ocean freight rate) and Peak Season Surcharge (PSS) if any, and are subject to:
- CSF (CARRIER SECURITY FEE): USD 11 / CONTAINER
MSC also announces the following freight rates as from June 1st, 2019 until further notice.
(All Prices are in US Dollars...
FEATURE | Rising deliveries of Capesize ships pose a threat to the already fragile market balance
Demolition of dry bulk ships in the first four months of 2019 was 120 per cent higher than in the same period of 2018. Much…