Grounded Rand Logistics vessel is structurally sound; Shell marks double LNG bunkering milestone

Divers say grounded Rand Logistics vessel is structurally sound
Divers say grounded Rand Logistics vessel is structurally sound
August 11, 2017 — The 19,600 dwt self-unloading bulker Calumet, departed Essar Steel in Sault Ste. Marie, Ontario and was transiting downbound on the St. Marys River to its next port of call in Brevort, Michigan, when it ran aground. The Army Corp of Engineers conducted an assessment of the river bottom around the vessel.

 

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Asphalt barge leaves Baltimore after 10 months detention; Nigeria to benefit from seabed mining

VIDEO: Florida shipyard launches landing craft for Bahamas Ferries
VIDEO: Florida shipyard launches landing craft for Bahamas Ferries
August 10, 2017 — Designed for service among the Bahamian islands, the 190 ft vessel launched by St. Johns Ship Building, Palatka, FL, is ideally outfitted for Caribbean transportation. She features a forward, hydraulic bow ramp and offers 6,400 square feet of cargo space.

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Oman Sail team celebrate top five Fastnet Race finish in competitive Class 40 division

Pictures of the Sultanate of Oman Class40 race yacht skippered by Sidney Gavignet during the start of the 2017 Rolex Fastnet Race Credit Lloyd Images

Oman Sail’s Class 40 team are celebrating a competitive top five finish in the challenging Rolex Fastnet Race after completing the 605-mile course in a little over three days.

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Kleven finds new buyer for newbuild; Two Houston Pilots to receive IMO award for exceptional bravery

Kleven finds new buyer for completed newbuild
Kleven finds new buyer for completed newbuild
August 9, 2017 — Norway’s Kleven shipyard has found a buyer for its Yard no. 379. The Marin Teknikk MT 6015 design offshore multipurpose vessel has gone to an unnamed “international player.” It was originally ordered by a Malaysian customer.

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NAT Announces TC arrangements with major oil companies.

Nordic American Tankers Limited (“NAT”) announced today that it has entered into two Time Charter arrangements (TCs) with Shell Oil for a period of 18 months for each vessel, commencing in August/September this year. The terms of the confidential contracts include upside for both parties as well as downside protection. NAT now has three TCs with Shell.  NAT has six TC arrangements with large oil companies – from three months up to 18 months.  In addition to TCs for ExxonMobil and Shell, we do business with major oil companies in the West and in the East.  

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