MOL hit with class action suit
JUNE 19, 2013 — The drifting separated sections of the containership MOL Comfort are not the only problem facing Mitsui O.S.K. Lines, Ltd. (MOL) President Koichi Muto. Allegations of price fixing in
Search Results for: containership
Horizon Lines to convert steam duo to dual fuel diesel
JUNE 19, 2013 — Horizon Lines is proposing to replace the steam turbine plants in two 33 year old containerships, the Horizon Spirit and Horizon Reliance, to geared medium speed diesel dual
Five-year-old box ship breaks apart in Indian Ocean
JUNE 18, 2013 — A five-year-old 8,000 TEU containership has broken apart in the Indian Ocean. Dramatic photos tweeted by Maritime Rescue Coordination Center Mumbai (MRCC) this morning showed the two sections
Shipping industry confidence levels perk up
JUNE 14, 2013 — Smile: According to international accountancy firm Moore Stephens, overall confidence levels in the shipping industry rose to their highest level for two and a half years in the
Failure to report engine failure brings $75,000 penalty
JUNE 13, 2013 — Two Coast Guard investigators, one from Sector Anchorage, Alaska, and one from Marine Safety Detachment Dutch Harbor, Alaska, have assessed a $75,000 penalty for failure to report a
Cargill charters new product tanker from Ardmore Shipping
June 11, 2013—Ardmore Shipping Limited, Cork, Ireland, has taken delivery of the 49,999 dwt Ardmore Seaventure, the second in a series of four product and chemical tankers from Korea’s SPP Shipbuilding. The
Horizon names Hamlin EVP and COO
JUNE 6, 2013 — Jones Act containership operator Horizon Lines, Inc. (OTCQB: HRZL) has named William A. Hamlin Executive Vice President and Chief Operating Officer. Mr. Hamlin, who joined Horizon Lines in
“Nose jobs” pay off for slow steaming box ships
JUNE 6, 2013 — A “nose job” can maker older containerships look better in terms of fuel economy. DNV has gathered before and after operational-performance data that indicate that redesigning the bulbous
TOTE seeks Title XI guarantees for LNG fueled newbuilds
JUNE 5, 2013 — According to an updated list of Title XI ship financing guarantee applications posted on the MARAD website, TOTE Shipholdings, Inc. has applied for a guarantee for $320 million
GL develops box ship concept for Intra-Asian routes
JUNE 4, 2013 — Classification society Germanischer Lloyd (GL) has developed a containership design concept for Intra-Asian trade routes: the C-Dragon. C-Dragon measures 211.9 meters in length between perpendiculars and 37.3 meters