Category Archives: Shipmanagement

Marines to Build Mock Container Ship for Counter-Piracy Training

Posted on November 13, 2011 by Editor

The Marine Corps is planning to build a three-story mock container ship on a plot of land at Camp Lejeune, N.C., so special operators can practice clearing out pirates from hijacked vessels. The 12,000-square-foot land-locked ship will have a wheelhouse, … Continue reading →

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Indian ship thwarts piracy attempt in Gulf of Aden, 26 pirates arrested

Posted on November 13, 2011 by Editor

Indian Naval ship, INS Sukanya, thwarted a piracy attack in the Gulf of Aden and captured three boats of the pirates.A statement from the Defence PRO says the incident happened yesterday when INS Sukanya was escorting a group of merchant … Continue reading →

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India: Aban Offshore Secures Three Year Contract for Jack-Up Rig

Posted on November 13, 2011 by Editor

India’s biggest offshore drilling contractor in the private sector, Aban Offshore has won a three year contract worth USD 57 million from ONGC for deployment of jack-up rig Aban II , reported The Economic Times. In a regulatory filing, Aban … Continue reading →

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Pakistan: Port Qasim Terminals Enhances Night Navigation Systems to Handle Large Ships

Posted on November 13, 2011 by Editor

Global marine terminal operator DP World announced that its facility at Qasim International Container Terminal (QICT), Pakistan’s gateway to the world, has expanded its capability to allow it to handle today’s modern, large vessels around the clock. New buoys, beacons … Continue reading →

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Maersk Group quarterly profits drop 79pc even as revenues rise 9pc

Posted on November 13, 2011 by Editor

DENMARK’s increasingly diversified Moller-Maersk Group, which owns the world’s largest container shipping company, has posted a 78 per cent drop in third quarter in profit year on year to US$371 million while enjoying a nine per cent increase in revenue … Continue reading →

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The Netherlands: Hakvoort Shipyard to Present Ocean Going Motoryacht YN 247

Posted on November 13, 2011 by Editor

YN 247 will feature a full-beam master stateroom and owner’s study on the main deck. Eight guests will enjoy first class accommodation in four cabins, with dedicated quarters for the captain and four crew members. YN 247 will feature a … Continue reading →

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Container ship size linked to bunker price

Posted on November 12, 2011 by Editor

Container ship operators are ordering ever larger vessels even in the face of a weak freight and time charter environment during 2011, says Braemar Seascope. This may appear to be counter-intuitive. In fact, it reinforces a trend that is at … Continue reading →

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Tanker fixtures rise in October offering ship owners hope for a brighter future

Posted on November 12, 2011 by Editor

In its latest monthly report on the oil and tanker market for October, OPEC said that the organization’s spot fixtures increased by 5% in October to average 11.8 mb/d, up from 11.23 mb/d in September, as per preliminary data. The … Continue reading →

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Turkish boxship “Cafer Dede” ran aground at Greek Island

Posted on November 12, 2011 by Editor

Cargo ship ran aground during last night at rocks of the southeast area of Greek island, Syros. The cause is still unknown and there has not been reported inflow or injury. There has not been reported inflow or injury so … Continue reading →

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Cargo to U.S. Drops for First Time Since End of 2009

Posted on November 9, 2011 by Editor

U.S. imports on the world’s biggest trading route are dropping for the first time in almost two years as consumer confidence weakens to the lowest level since the recession that ended in 2009.Container volumes on the Asia-to-U.S. route fell 3.8 … Continue reading →

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