By Captain George Livingstone Well 2016 was quite a year for international shipping; the new ultra large locks of Panama Canal opened, the expanded Suez Canal went into high gear, one of the biggest container shipping lines in the world went bankrupt and national […] The post Is 2017 The Apex Of Shipping? appeared first on gCaptain.
Another 7-year-old panamax containership is headed to the breakers, all but solidifying the death of the panamax-class amid global shipping’s downturn and the opening of the expanded Panama Canal. Sources familiar with the matter tell us that 2010-built, 4,250 teu M/V Hammonia Grenada has been sold for about $5.5 million. Show More Summary
Today’s ship photos come to us from shipowner Teekay showing the LNG carrier Oak Spirit transiting the Panama Canal. The Oak Spirit was delivered to Teekay August, joining its sister vessel Creole Spirit as the second M-type, Electronically Controlled, Gas Injection (MEGI)-Type LNG carrier in the world. Show More Summary
Hydrex Underwater Technology has assisted an excavation vessel hemorrhaging oil from a stern tube seal entangled with steel wire to pass safely through the Panama Canal. The 156m long, Dutch-owned vessel was unable to make the canal transit until the propeller shaft seal had been repaired…
By most accounts, 2016 was a year unlike any in recent memory. The year bore witness to tectonic shifts in the global landscape, creating uncertainties across all markets. We also saw market and trade growth decline, driven in part by declining commodity prices. Show More Summary
Today, Moody's credit rating agency announced that it has assigned an A2 rating to the Panama Canal Authority (ACP) for its business model, unique geographic advantage, and historically strong operational and financial performance. Moody's expects this performance to continue into the future…
The Panama Canal on Tuesday welcomed the largest capacity vessel to-date to transit the expanded locks – the 10,589 TEU neopanamax containership Valparaiso Express. The vessel began its transit at the Pacific-facing Cocoli Locks Tuesday morning after calls in Chile, Peru, Ecuador and Colombia. Show More Summary
Special note: Now that the expansion to the Panama Canal has been completed, some of the traffic that used the ports of Los Angeles and Long Beach will eventually go through the canal. This could impact TEUs on the West Coast in theShow More Summary
Less than six months after the inauguration of the Expanded Panama Canal, the waterway welcomed its 500th transit of a Neopanamax ship on Wednesday, highlighting the trust that Canal customers have placed in the route. Performing the 500th transit was the container vessel YM Unity…
More than 500 ships have now transited the expanded Panama Canal less than six months after the inauguration of the new locks on June 26, 2016. The Panama Canal marked the milestone 500th transit through the new locks on Wednesday with the transit of the Yan Ming containership YM Unity. Show More Summary
Inland Rivers, Ports & Terminals (IRPT) has signed a Memorandum of Understanding with the Panama Canal Authority (ACP). This historic event marks the first ever global connection for IRPT. This Memorandum of Understanding is important to all of our inland river ports…
During the past two weeks, my wife and I were on a cruise. We flew to Florida and then sailed through the old locks in the Panama canal to San Diego, CA, and then flew home. While in Florida, we visited the Epcot Center at Disney world and the Kennedy Space Center. Show More Summary
After breaking down Nov. 21 in the Panama Canal, the newly commissioned destroyer Zumwalt is once again en route to San Diego.
NOT SUPER-IMPRESSIVE: The Navy’s New Stealth Destroyer Broke Down in the Panama Canal.
Next Cold War Roundup 11/23/16: The official story of how the 3 US Green Berets were killed in Jordan has been disputed. Iraqi militias completed the encirclement of Mosul. The USS Zumwalt broke down again in the Panama Canal. And more...Show More Summary
The most expensive destroyer ever built for the Navy suffered an engineering problem in the Panama Canal and had to be towed to port.
The Navy's new $4 billion warship is in Panama for repairs after suffering a breakdown while passing through the Panama Canal.
In today’s edition of gCaptain LIVE our Founder, John Konrad will discuss USS Zumwalt Breaks Down in Panama Canal. gCaptain LIVE E13 – Navy Future Ship Blockades Panama CanalIn today’s edition of gCaptain LIVE our Founder, John Konrad will discuss USS Zumwalt Breaks Down in Panama Canal. Show More Summary
The U.S. Navy’s newest and most high-tech destroyer is stuck in Panama after suffering an engineering casualty during a transit of the Panama Canal. A U.S. Navy statement obtained by USNI News said the destroyer, USS Zumwalt, was onShow More Summary
Well, this is embarrassing. The US Navy's newest destroyer is stuck in Panama for ten days (reportedly) undergoing repairs for another engine problem. Continue reading USS Zumwalt stranded in Panama Canal by engine woes USS Zumwalt stranded in Panama Canal by engine woes originally appeared on Autoblog on Tue, 22 Nov 2016 11:44:00 EST. Show More Summary