Adm. James Steele Gracey, 17th USCG Commandant, Passes Away
Admiral James Steele Gracey, USCG (retired), 17th Commandant of the Coast Guard, passed away on Sunday, April 5, 2020, in Falls Church, Va., at the age of 92.Born in Newton, Mass. in 1927, Adm. Gracey graduated from the United States Coast Guard Academy in 1949. Adm. Gracey was a 1956 graduate of the Harvard Graduate School where he earned a Masters Degree in Business Administration.His career included diverse tours both ashore and afloat, including Commanding Officer, LORAN Station Ocean Cape…
Tankers Switch from Clean to Dirty as Rates Surge
A recent surge in tanker rates due to U.S.
Baker Technology Buys Stake in CH Offshore
Oil and gas equipment supplier Baker Technology on Thursday made a mandatory unconditional cash offer for all the shares in CH Offshore, a vessel chartering firm."BT Investment (BTI), a direct wholly-owned subsidiary Baker Technology, has announced that it has entered into (a) a sale and purchase agreement with Energian, a wholly-owned subsidiary of Falcon Energy Group, a company listed on the Singapore Exchange Securities Trading to acquire 217,800,000 issued and paid-up ordinary shares in the capital of CH Offshore…
ONE’s First Magenta Newbuild Delivered
A naming ceremony was held Monday at Japan Marine United Corporation’s (JMU) Kure shipyard for the first newly built containership painted in Ocean Network Express' (ONE) corporate color.The new magenta box ship, named ONE Stork, is the 10th of 15 new 14,000 twenty-foot equivalent unit (TEU) vessels ordered by Nippon Yusen Kabushiki Kaisha (NYK). It will be chartered by Singapore-based ONE, which began operations on April 1 by integrating the container businesses of Japanese ocean carriers Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K.
Courson to Replace Spivak as Seaspan CFO
Ship owner Seaspan Corporation announced that Ryan Courson will take over as the company’s chief financial officer following David Spivak’s decision to leave the post in early May. Spivak will continue as CFO until May 5 and will stay on as special advisor to the president and chief executive officer through the end of June. Courson joined Seaspan in March 2018 as senior vice president of corporate development. Prior to joining Seaspan, he spent three years at Falcon Edge Capital…
Fred. Olsen Windcarrier, Seacor Team Up for US Offshore Wind Market
Falcon Global, a subsidiary of Seacor Marine Holdings and Fred. Olsen Windcarrier a wholly owned subsidiary of Bonheur ASA announced that they have reached a cooperation agreement whereby each party will exclusively contribute vessels and marine/installation crews to the market and operate a full spread of offshore wind installation and feeder vessels for the US offshore wind market. The Falcon Global fleet consists of one of the largest existing US-flag and Jones-Act compliant lift boats in the U.S.
APL Enhances Asia–Latin America Network
APL, ocean carriers, providing world-class container shipping and terminal services, has announced the launch of the Quetzal Express (QEX) service, a new weekly service that directly connects the key markets of China, Mexico and West Coast South America. APL, part of the CMA CGM said that the QEX service promises the industry’s fastest transit time of 22 days from South China to Mexico. It is also the only service that offers a direct connection from Taiwan, Central and South China to Puerto, Quetzal and Guayaquil.
APL adds QEX Service to Asia–Latin America Network
APL announced the launch of the Quetzal Express (QEX) service, a new weekly service that directly connects the key markets of China, Mexico and West Coast South America. The QEX service promises the industry’s fastest transit time of 22 days from South China to Mexico. It is also the only service that offers a direct connection from Taiwan, Central and South China to Puerto, Quetzal and Guayaquil. Together with the Condor Express (CDX), Falcon Express (FCX) and Caracara Express (CRX) services that APL recently introduced…
Latvian Shipping Company Adds 25th Tanker to its Fleet
The JSC Latvian Shipping Company subsidiary LSC Shipmanagement (LSCSM) supplemented the fleet under its full technical management with a newbuilding “Elandra Falcon”, which is the 25th tanker managed by LSCSM. The new tanker is intended for transportation of oil products. Her total length is 268.25 meters and deadweight – 157’000 tons. “We are delighted that LSCSM is able to expand the fleet under its technical management, which is a sign of quality that attests to the professionalism and skills of our crews and ship management team.
Nigeria Invests in Boats to Fight Piracy
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has assured Nigerians and the international maritime community that the Federal Government is actively working to keep the menace of piracy and other illicit crimes in check on the nation’s territorial waterways. In this case the word are backed by action and investment, as the Nigerian government has approved the procurement of three helicopters and 12 fast intervention…
Dedication Ceremony Kicks off Boston Cruise Season
In a ceremony not far from the docks where former Mayor of Boston and U.S. Ambassador to the Holy See Raymond L. Flynn once worked as a young man, Governor Charlie Baker, elected officials, community members and children from South Boston, and Massport officially dedicated The Flynn Cruiseport Boston at The Black Falcon Terminal. The event also celebrated the annual kick off to the Boston cruise season. “We are honored to dedicate this facility in honor of Ambassador Flynn and his service to the people of Boston, our Commonwealth and nation,” said Governor Charlie Baker.
Restrata, Agility Partnership in Training at REP, Iraq
Restrata, a global leader in consultancy and training services, has partnered with leading logistics provider Agility to offer specialised training for oil and gas sector employees at the Rumaila Energy Park (REP) in southern Iraq. The REP's new training centre will offer a wide range of courses related to health and safety and oil and gas industry operations. All training courses meet international standards, are accredited, and include transportation, catering and security services.
Reduced Income, Challenges Ahead for Marine Cargo Insurance -IUMI
At yesterday’s IUMI marine insurance conference in Genova, Cargo Committee chairman Nick Derrick announced a reduction in global cargo premiums by 9% from 2014 to 2015, the total premium value being US$15.8 billion. He stated a combination of a strong US dollar and falling cargo values as the main reasons for the decline. The UK continued to dominate the marine cargo market with a 13.3% market share (8.8% at Lloyds and 4.5% at the International Underwriting Association). China and Japan retained 9% and 8.7% market volume respectively.
Busan LNG Bunkering Terminal by 2020
A new liquefied natural gas (LNG)-bunkering terminal may become operational at South Korea's Busan New Port by 2020. South Korean shipping company Polaris Shipping will reportedly invest $500 million (KRW 600 billion) to construct the facility. According to IHS, the terminal will occupy a 185,700 m² site in Busan New Port and is to have four berths and two LNG tanks. Busan Port Authority and Busan Regional Oceans & Fisheries Administration had received a business proposal from Polaris Shipping and sought approval from the Ministry of Oceans and Fisheries.
ISS Bags Tanzania's Paragon project
Inchcape Shipping Services (ISS) has been appointed by Paragon Offshore, Houston, as marine and logistic services provider for a new drilling campaign off the Songo Songo Islands, Tanzania – the first new commercial drilling project in Tanzania in a number of years. ISS is providing a range of services for Paragon Offshore including full husbandry, crew logistics, visa assistance and arranging marine and air charters. A leading provider of standard specification offshore drilling services…
FMC Collects $1,227,500 in Penalties from NVOCC's
Federal Maritime Commission Chairman Mario Cordero announced that the Commission has completed compromise agreements recovering a total of $1,227,500 in civil penalties. The agreements were reached with seven non-vessel-operating common carriers (NVOCCs) and one vessel-operating common carrier (VOCC). The agreed penalties resulted from investigations conducted by the Commission’s Area Representatives in New York and Seattle, and headquarters staff in Washington D.C. The parties settled and agreed to penalties, but did not admit to violations of the Shipping Act or the Commission’s regulations.
Underwater Center Boosts SAR Training
The Italian Air Force Search and Rescue team has been expanding its skills and knowledge during a visit to subsea trials and training facility The Underwater Center, which is fast developing a reputation for supporting international rescue teams with its range of bespoke packages. Beniamino Panduccio, David Padula, and Massimiliano Lai – members of the Sardinian-based Italian Air Force Search and Rescue team – spent three days at the Center in Fort William, Scotland, undergoing advanced…
BOURBON Installs Submarine Cable for Sabella D10 Project
BOURBON is participating in a tidal turbine connection project off the island of Ushant (Brittany, France), a first in France. A pioneer in the towing and installation of the first floating wind turbine off the coast of Portugal, BOURBON is committed in the field of renewable energies and is now supporting SABELLA1. Our mission: to lay the electrical cable for connecting the first tidal turbine to the national grid. The challenges: a narrow corridor, strong currents, 30 tons of cable. A team of over 30 experienced professionals, including engineers, seafarers, divers and ROV pilots.
Norwegian Dawn Arrives In Boston
The Norwegian Dawn, the cruise liner that ran aground as she left Bermuda this week, has arrived in Boston. A story in the Boston Herald says, “Passengers on a cruise ship that ran aground on a reef near Bermuda during a seven-day vacation shrugged their shoulders and said the mishap was no big deal as they disembarked Friday. “The Norwegian Dawn, carrying nearly 3 500 passengers and crew, returned to the Black Falcon Terminal in Boston. The cruise ship ploughed into the reef bordering the North Channel when she temporarily lost power on Wednesday evening.
Oil's Impact: Transocean Feet Update
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) has issued a monthly Fleet Update Summary which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since November 18, 2014. The total value of new contracts since the November 18, 2014 Fleet Update Summary is approximately $453 million. GSF Development Driller I - Awarded a two year contract in Angola at a dayrate of $382,000 ($279 million estimated backlog). The rig was previously idle.
DongBang & OHT Select OCTOPUS Advisory Solution
Amarcon, an ABB Group company, today announced that the company will deliver OCTOPUS-Onboard vessel advisory solutions to a total of three vessels owned by Norwegian oil service company OHT AS and Korean heavy cargo transporter DongBang. The information and control system will support the vessels route planning, optimization of speed and insight in critical motions. The repeat order with OHT encompasses OCTOPUS motion monitoring and forecasting for vessel M/V Albatross. Amarcon has previously delivered advisory suites to OHT’s heavy lift cargo vessels Eagle, Falcon, Osprey and Hawk.
Launch of OCEAN FALCON in Pasajes
On November the 6th, Zamakona Yards Group successfully completed the launch of the ship “Ocean Falcon” at its facilities in Pasajes (San Sebastian, northern Spain). The ship is the third Zamakona Yards launches, of all three signed with the Norwegian shipping company Atlantic Offshore A.S. The primary mission of the ship is to provide prompt attention to emergencies on oil rigs, being specially adapted to the harsh conditions of the North Sea. It is there, where it will begin operations for the oil company SHELL in the second quarter of 2015.
Total CEO Killed in Moscow Runway Accident
Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors. The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plough as it was taking off from Moscow's Vnukovo airport on Monday night. De Margerie's death leaves a void at the top of one of the world's biggest listed oil firms at a difficult time for the industry as oil prices fall and state-backed competitors keep them out of some of the best oil exploration territory.
Self-Pilot Personal Submarine to Launch in Monaco
DeepFlight announced it will introduce a new type of personal submarine at the 2014 Monaco Yacht Show. The company said its new product, the DeepFlight Dragon, is the most compact, lightweight personal submarine on the market, and is so intuitive to use that clients self-pilot the craft with minimal instruction. The all-electric (zero emissions) DeepFlight Dragon was designed specifically for easy use from yacht or shore to explore the twilight zone down to 400 feet (120 meters).
Doyle: Nova Star Will Spark Economic Activity
U.S. Federal Maritime Commissioner William P. Doyle attended the christening of the M/V Nova Star at the Black Falcon Terminal in Boston, Massachusetts today. “Good Morning, Honorable Mayor Pam Moody of Yarmouth, Nova Scotia, Minister Zach Churchill, NS Minister of Natural Resources and Canada’s Consul General in Boston, Patrick Binns, and distinguished guests. I would like to congratulate Nova Star President Mark Amundsen and COO Steve Durrell for their vision and perseverance for starting the service back up after a five year absence of this important New England to Nova Scotia service.
Coast Guard Rescues F-16 Pilot After Plane Crash
The Coast Guard rescued an Air National Guard pilot Friday after his plane went down approximately 35 miles southeast of Chincoteague. Coast Guard 5th District Command Center watchstanders received notification via an automated Search and Rescue Satellite Aided Tracking distress signal from an ejection seat registered to an Air National Guard plane at approximately 11:50 p.m. Thursday. The Navy's Fleet Area Control and Surveillance Facility at Naval Air Station Oceana in Virginia Beach contacted Coast Guard watchstanders and confirmed two 113th Wing D.C.