Panama Canal Draft Restrictions Lifted

A cargo ship is seen on the Panama Canal in Panama City August 10, 2015.  REUTERS/Carlos Jasso

  The Panama Canal Authority (ACP) said Friday that recent rainfall and water management measures means that upcoming draft restrictions for vessels using the waterway won't be necessary.  The restrictions were to enter into force beginning September 8th, but recent rain, water management and the deepening on navigation channels have made it so the … [Read more...]

Fire on UASC Containership at Port of Hamburg

MV Alula. File photo:

  A fire broke out in the cargo area of a UASC containership early Friday morning as it arrived at the port of Hamburg. Local media reports say that firefighters were called to a container terminal at Waltershof shortly after midnight to respond to a fire in the container stacks onboard the 13,500 TEU MV Alula. As many as 20 containers had to be removed from the … [Read more...]

Drifting MSC Boxship Towed to Safety Off Spain – PHOTOS


A 300-meter containership that lost power off Spain on Thursday drifted to within just miles of land before a tug was able to gain control of the vessel and tow it to safety. Spain's maritime emergency agency Salvamento Marítimo reports that the container MSC Ajaccio requested assistance Thursday after losing power about 18 miles west of Cape Finisterre, Spain in the … [Read more...]

Nations Joust But Arctic Payoff May Be Decades Away

Photo: Shutterstock/BMJ

  By David J. Lynch (Bloomberg) -- Even as melting Arctic glaciers threaten to swamp shorelines, nations from Russia to the U.S. are betting that warming temperatures also will unlock trillions of dollars in new wealth. “It is potentially the biggest strategic opportunity in America since the Louisiana Purchase in 1803,” said Scott Borgerson, a former Coast Guard … [Read more...]

Iranian Fishing Vessel and Crew Escape Captivity Off Somali Coast

FV Naham 3 anchored off the coast of Somali. Photo: Oceans Beyond Piracy

By Drazen Jorgic NAIROBI, Aug 28 (Reuters) - An Iranian fishing vessel and its crew have escaped after being held captive for five months by Somali fishermen, maritime piracy experts said on Friday, but it was not clear how many crew members had escaped. Jaber, an Iranian fishing vessel believed to have up to 19 crew, was captured on March 26, along with another Iranian … [Read more...]

A Concrete Sample Was Pulled from the New Panama Canal Locks and It Does Not Look Good

Photo dated August 25, 2015 showing water leaking through cracks in the concrete of the new Cocoli Locks complex, located on the Pacific side of the Panama Canal.

  A core sample pulled from the concrete of the Cocoli Locks where cracks and leaks have appeared does not bode well for the Panama Canal expansion project, which is on a strict deadline for completion in April 2016. The crack and subsequent leaks appeared recently in the concrete of one of the interior chambers of the new Cocoli Locks on the Pacific side of the … [Read more...]

World Wide Supply to Lay Up Two PSVs

World Diamond file photo courtesy Damen Shipyards

  Norwegian platform supply vessel owner World Wide Supply says that the weak spot market in the UK sector of the North Sea has forced it to lay-up two vessels. World Wide Supply (WWS) owns a fleet of six Damen PSV 3300 CD vessels all delivered in 2013. Four of the vessels are on four-year contracts with Petrobras in Brazil ending in June 2018, while the remaining … [Read more...]