Fishing Feeds & News
Offshore supply vessel company Tidewater Inc. has announced that it has allowed its latest waiver of covenant default from its lenders and noteholders to expire in hopes it can work out a deal as the company continues to operate as normal. For the past several months New Orleans-based Tidewater Inc. (NYSE: TDW) has been negotiating […]
The post Tidewater Hoping for Debt Deal as Limited Waivers Expire appeared first on gCaptain.
By Stine Jacobsen COPENHAGEN March 28 (Reuters) – A.P. Moller-Maersk’s new chairman committed to automating its systems as the oil and shipping group steps up its drive to become more efficient and save costs at a time of low oil prices and declining freight rates. The more than 100-year-old conglomerate’s digital push will mean that […]
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SEOUL, March 28 (Reuters) – South Korea on Tuesday said forensic examination showed bone fragments found near a salvaged ferry that sank in one of its worst disasters three years ago came from an animal and not an unrecovered victim, as an official had said earlier. Nine people remain missing from among the 304 dead, […]
The post Bones Found Near Salvaged Sewol Ferry Not Human, Ministry Says appeared first on gCaptain.
Japanese container shipping company Mitsui O.S.K. Lines (MOL) has taken delivery of the MOL Triumph, the new ‘world’s biggest containership’ and the first ‘megaship’ to pass the 20,000 TEU threshold. The MOL Triumph was delivered Monday by Samsung Heavy Industries in Geoje, South Korea, where the vessel has been under construction since January 2016 – […]
The post MOL Triumph Delivered: Introducing the World’s First 20,000 TEU Containership appeared first on gCaptain.
By Jonathan Saul and Arno Schuetze LONDON/FRANKFURT, March 28 (Reuters) – A merger of Hapag-Lloyd and United Arab Shipping Company (UASC) has hit a snag, with the German shipping line and some banks seeking assurances that UASC’s top shareholder Qatar remain committed to the deal for the long term, sources say. Hapag Lloyd Chief Executive […]
The post Hapag Lloyd-UASC Merger Hits Snag Over Ownership Share, Sources Say appeared first on gCaptain.
March 28 (Reuters) – Ocean RIG UDW Inc, a Cyprus-based rig contractor, filed for Chapter 15 bankruptcy protection in a U.S. court amid a deep and prolonged downturn in the industry. Shares of Ocean Rig plunged 61 percent to 27 cents in morning trading on Tuesday. The company had $3.25 billion in debt as of […]
The post Deepwater Driller Ocean Rig Files for U.S. Bankruptcy Protection appeared first on gCaptain.
Bristol Harbor Group, Inc. Announces the Delivery of a 55k BBL Double Hull Asphalt Barge for Vane Brothers
Bristol Harbor Group, Inc. (BHGI) is pleased to announce that the Vane Brothers Company has taken delivery of a BHGI designed 361’ x 62’ x 24.5’, 55,000 BBL double hull asphalt barge. BHGI was contracted by Conrad Industries, Inc. to develop the design based on a previous proven hull design that BHGI had completed for […]
The post Bristol Harbor Group, Inc. Announces the Delivery of a 55k BBL Double Hull Asphalt Barge for Vane Brothers appeared first on gCaptain.
When enough is enough: switching from failure-prone jacketed HMPE ropes to non-jacketed ropes with Dyneema® SK78
At what point do you say “Enough!”? For BW Fleet Management (BW FM), that moment came when seven mooring lines failed on a single vessel during a berthing operation in Spain. So it decided to get radical and replace all its jacketed HMPE mooring ropes – with non-jacketed Samson 12-strand single-braid AmSteel®-Blue ropes made with […]
The corps appears ready to have the Oregon Department of Fish and Wildlife retain operation of the Cole Rivers Hatchery. The department would continue raise and release 2.8 million salmon, steelhead and trout as mitigation for lost wild salmon and ...
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Somali pirates have released a small dhow which authorities feared could be used to launch attacks on large commercial ships further offshore. A report Sunday from the UK Maritime Trade Operations (UKMTO) center said the hijacked dhow was released approximately 70 nautical miles from Qalansyia on Socotra Island. The dhow was released by the pirates after taking […]
By Brenda Goh SHANGHAI, March 27 (Reuters) – Chinese state firms have expressed an interest to develop land around the Panama Canal, the chief executive of the vital trade thoroughfare said, underlining China’s outward push into infrastructure via railways and ports around the world. The Panama Canal Authority will officially open a tender to develop […]
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Cole Rivers Hatchery now expected to remain under Oregon Fish & Wildlife
The Oregon Department of Fish and Wildlife released 50,000 spring chinook raised at Cole Rivers Hatchery last March in Trail. The U.S. Army Corps of Engineers had been prepared to put operation of the Rogue River hatchery out for competitive bid, but ...
Oregon Department of Fish and Wildlife likely to keep running Rogue River Basin hatcheryThe Register-Guard
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Fincantieri’s bid for all remaining shares of Vard Holdings failed to reach the minimum threshold required to take the company private. Fincantieri said Friday that its voluntary unconditional offer for all remaining shares launched on November 13, 2016 closed with Fincantieri holding just 74.45% of Vard’s total share capital. Prior to the offer Fincantieri owned 55.63% of […]
Fishing conditions around Northern California, southern Oregon ...
Here are the best places to fish in the Sacramento region, Northern California and beyond for the week of March 27.
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By Mike Wackett (The Loadstar) – Hapag-Lloyd recorded a profit of $46m in the final three months of 2016– a recovery too little too late to prevent the carrier suffering a full-year net loss of $103m. At an analyst and investor conference call on Friday, chief executive Rolf Habben Jansen said 2017 had “got off […]
The post Hapag-Lloyd Chief Stays Positive in Wake of $100 Million Loss appeared first on gCaptain.
DryShips Inc. (NASDAQ: DRYS) announced Monday that it has entered into agreements to acquire four modern Newcastlemax bulk carriers as the company continues to diversify its fleet. The agreements were entered into with unaffiliated third parties. The four Newcastlemax bulk carriers are approximately 206,000 DWT each and have an average age of 3.0 years. DryShips […]
The post DryShips Continues to Diversify with Purchase of Four Newcastlemax Bulk Carriers appeared first on gCaptain.
Salvage crews in South Korea are getting ready to move the Sewol ferry from the salvage site off Jindo Island to Mokpo, where a search for the nine missing victims is set to resume. The wreckage of the 6,800-ton ferry now sits aboard the deck of the semi-submersible heavy lift transport vessel Dockwise White Marlin. “It […]
By Christopher Langner (Bloomberg Gadfly) — When it comes to matters legal or bureaucratic, Singapore is swift to act. Bankruptcy, sometimes, can be even faster. Ezra Holdings Ltd., a Singapore publicly traded oil services group, and two of its affiliates, Ezra Marine Services Pte and EMAS IT Solutions Pte, filed for Chapter 11 protection over […]
The post Singapore Efficiency Even Extends to Its Bankruptcy Laws appeared first on gCaptain.