The Asia-U.S. route is the world’s biggest shipping route, and it’s becoming pricier by the minute. As shipping lines negotiated contracts in April, observers expected sharp increases. Members of the Transpacific Stabilization Agreement, or TSA, a 13-line consortium, were advised to boost rates by $
Pirates have kidnapped a Thai captain and crewman from a tanker in the busy Malacca Strait. The head of the Piracy Reporting Centre of the London-based International Maritime Bureau, Noel Choong, says the pirates have already demanded a ransom. Mr Choong says the band of between five and eight pirat
Aaron Hendry was honored with the James McKay Lifetime Achievement Award for his business and community service in the Tampa Bay area. Hendry is president and owner of Hendry Corp. and Gulf Marine Repair Corp. He also is a partner and owner of Tampa Bay Shipbuilding and Repair, which employs 500.
South Korean and Japanese coast guards Thursday ended their 30-hour maritime standoff over a South Korean fishing boat that briefly crossed into Japanese territorial waters the previous day. After marathon negotiations over the control of the fishing boat, the “Shinpung-ho,
he Ericsson Racing Team has today named Richard Mason as crew (Trimmer / Helm) of Ericsson’s entry in the Volvo Ocean Race 2005-06. Mason, aged 30, is no stranger to the Volvo Ocean Race, competing as trimmer on the boat that finished second in the 2001-02 event. Born in Sydney, Australia, and raise
The Singapore and US navies are set to take Exercise CARAT to another level by widening its scope and complexity. The Singapore Navy has introduced a new satellite command and control system to allow fleets at sea to share essential information. Another highlight of Exercise CARAT 2005 is the firing
Will technological advances, fuel costs and environmental concerns bring back commercial sailing for cargo ships? Shipping firm Wallenius Wilhelmsen has designed a high-tech
Steve Bracks has vowed to continue spruiking to find work for the Williamstown shipyard after Victoria lost the $6 billion air warfare destroyer contract to South Australia. Mr Bracks said the shipyard would remain and not be handed over for residential development. “There is exactly zero chance of
Since leaving Rio de Janeiro on 17 May, the VO70 movistar has sailed nearly 3,200 miles north through the Atlantic Ocean, crossing the legendary zero latitude, the Equator. “This has been one of the most hysterical moments of the journey, especially for the rest of the crew,” says Iker Mart
The keels of two Aframax super-tankers were laid at South Korea’s Hyundai Heavy Industries ship-yard in Ulsan on orders from Russia’s Primorye (Maritime) shipping company (PRISCO corporation), reports the corporate press center. Korean ship-builders are to lay the third tanker’s keel there on July 1
Fatigue among sailors on merchant ships caused a “worrying number” of collisions or near misses in 2004, the chief maritime investigator says. Poor judgement or anticipation by officers on watch – “classic symptoms on fatigue” – also contributed, said Stephen Meyer in his annual report.
The administration of Russia’s Maritime Territory (MT) and the Russian Railways public joint-stock company have worked out a programme for the development of transport infrastructure. The purpose of the programme is to promote an increase in the transportation of freight and passengers, Alexander Ar
Aker Yards ASA said it has won a 325 mln eur order from Color Line to build a sister vessel to MS Color Fantasy, the world’s largest cruise ship with a car deck, which was delivered last December. The contract is a confirmation of a letter of intent announced in March. At that time Aker […]
HOUSTON– JDR Cable Systems, the industry’s foremost subsea flying lead specialist, in partnership with Subsea 7, has developed and introduced the first hydraulic flying lead that offers the flexibility of a thermoplastic umbilical with the leak-tight reliability of a steel tube umbilical.
