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Wednesday, December 12, 2018

Record box prices set to stay as demand way outstrips supply

Posted to Far East Maritime (by Greg Knowler) on July 6, 2010

In a normal year (normal being a year when consumers actually consume things), the world's two main box makers make 3.5 million boxes. Last year, Singamas Container Holdings and the market leading China International Marine Containers (CIC) produced just 220…

Full Speed Ahead for Anguish on the Fast Boat to China

Posted to Martin Rushmere (by Martin Rushmere) on April 22, 2010

Too much attention is being paid to rates and (lack of) capacity on the trans Pacific route and not enough to the intriguing possibilities, and perhaps tussle, being opened up between two new entrants on the route, The Container Company (TCC) and Horizon Lines.

No frills container carrier lining up for launch

Posted to Far East Maritime (by Greg Knowler) on February 11, 2010

Neptune Orient Lines just reported a loss of US$741 million for 2009. China Shipping Container Lines is expected to soon announce a loss of US$1 billion. Other results will begin to trickle in but no carrier handling containers will have done well last year.

Cameron Supplying X-mas Trees for Petrobras

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on January 21, 2010

After being awarded a $100 million contract for 25 subsea Xmas tress for the Campos Basin by Petrobras in 2008, (deliveries completed in late 2009), Cameron entered into a frame agreement with Petrobras in 2009, expected to be worth approximately $500 million…

Massive drugs haul off Spanish coast

Posted to On the waterfront (by Emma-Jane Batey) on December 24, 2009

The streets of London may have got just a little bit cleaner and safer thanks to a massive drugs haul off the coast of Northern Spain. Cocaine with a street value of £375million was seized from a large ship, a 150ft former coastguard vessel…

Marine Mammals Protect Washington State Naval Base

Posted to Subsea (by Chuck Bunton) on December 1, 2009

The U.S. Navy will install a swimmer interdiction security system at Naval Base Kitsap (NBK) Bangor, Washington, that will employ teams of security personnel and specially-trained marine mammals to protect waterside assets and sailors. This…

Naval Research Sea Glider Applications

Posted to Subsea (by Chuck Bunton) on November 26, 2009

A Sea Glider unmanned underwater vehicle with an underwater microphone began patrolling the coast of Hawaii in late October and will finish up its initial mission in mid-November. By then, it will have collected half a terabyte of data. By applying…

Law of the Sea - Continental Shelf Updates

Posted to Subsea (by Chuck Bunton) on November 23, 2009

Mexico and Ireland are the first two coastal States to implement Article 76 paragraph 9 of the Convention on the Law of the Sea by depositing with the UN-Secretary General charts and relevant information, including geodetic data, permanently describing the outer limits of their continental shelves.

NOAA research ship Okeanos Explorer

Posted to Subsea (by Chuck Bunton) on November 9, 2009

The Okeanos is the only U.S. government ship dedicated solely to exploring unknown parts of the ocean. It is a former Navy surveillance ship that was obtained by NOAA in 2005 and converted at a shipyard in Seattle into a deep-sea research vessel.