TURKISHMARITIME, Turkish, Straits, Ship, Shipyard, Shipbuilding, Pirates

Contracts vaued $300 million Singapore based COSCO Corporation Limited has through its subsidiaries secured contracts valued at approximately USD 300 million to build one accommodation barge and seven bulk carriers.		Fugitive billionaire was found South Korean police has reported finding the body of the fugitive billionaire wanted over April’s Sewol ferry sinking that left more than 300 people dead or missing.

Barge sank, 3 people dead A Singapore-registered barge POSH Mogami sank 2 nautical miles northeast of Sekupang, Batam Island Indonesia, on Friday (18 July) night claiming the lives of three people, the Maritime and Port Authority of Singapore (MPA) reported.		Port contributes £990 million The latest statistics from consultants Arup show that the Port of Southampton contributes £990m (USD 1,69bn) to the UK economy every year, including £714m (USD 1,22bn) for the Solent region.

First gates transferred The Panama Canal Expansion has reached another important milestone with the transfer of the first gates to the new locks complex in the Atlantic side.		A guideline has been published International classification society Bureau Veritas has published a comprehensive set of guidelines on LNG Bunkering, with the aim of speeding adoption of LNG as a ship’s fuel by kick starting the LNG bunker chain.

3 new services introduced Taiwanese-based Cheng Lie Navigation Co. Ltd., (CNC), a part of CMA CGM Group, has introduced three new services during the month of July, 2014.		Hydrocarbons was spread out At about 11 pm last night, a small amount of hydrocarbons was spotted in the mid ship/aft of the Concordia wreck, the Parbuckling team informed.


S$600 million FPSO contract Saipem SA, France has signed a Floating Storage Production Offloading (FPSO) conversion contract worth about S$600 million (USD $483.2 million) with Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard.		L-type vessel has been named Evergreen Group has held the naming ceremony for Ever Loading, the sixth of its L-type vessels to be built by CSBC Corporation in Taiwan.

Many people sought treatment The Public Health Ministry of Thailand informed that nearly 200 people have been affected by yesterday’s chemical leak at Laem Chabang Port in Chonburi from K Line’s containership Pearl River Bridge, National News Bureau of Thailand said.		LNG prices in lowest levels Dipping demand seems to have pushed East Asian front-month spot LNG prices to their lowest levels since March 2011. However, traders anticipate a strong rebound in early negotiations for deliveries over the coming winter, according to ICIS, a petrochemica

Marine accidents reported In 2013, a total of 1,332 accidents (Casualties and Incidents) was reported to the UK’s Marine Accident Investigations Branch (MAIB), with 1, 459 vessels involved, MAIB’s 2013 Accidents Report reads.		Rotterdam increased by 0.6% Throughput at the Port of Rotterdam saw a small decrease of 0.2% in the first quarter of 2014, but was slightly positive in the second quarter, causing throughput in the first half of the year to increase by 0.6%.

Filling up will be possible By 2016, it should be possible for barges to fill up with LNG at a permanent bunkering station in the port of Antwerp, the port officials announced.		Roadmap removes uncertanity In the first comprehensive overview of its kind, DNV GL has mapped out what is necessary to be in compliance with US Coast Guard (USCG) requirements to operate FOIs, FSOs and FPSOs in US waters.

Deal to boost productivity Vale’s Tubarão Port, in Brazil, and Lianyungang Port, in China, have inked an agreement to boost productivity of their operations, exchange knowledge on safety and at the same time develop technologies aimed at cutting energy consumption and greenhouse ga		Sister-ship is on the way With several vessels from push boats to OSVs delivered, Joe Gregory’s New Generation Shipyard in Houma Louisiana, is now a well-recognized shipyard. Early this summer the yard delivered one of their signature 72X30-foot pushboats with a sister-ship well o

2 drowned, 17 is still missing Two people have drowned and around seventeen are missing after an overcrowded vessel with about 80 Indonesians onboard sank early Tuesday off the southern coast of Malaysia.		BC Ferries to be classed by LR Lloyd’s Register (LR) has been chosen to class BC Ferries’ three gas-fuelled ‘Intermediate Class’ newbuildings.

Seatrade acquires 2 vessels Seatrade, a Belgian-based operator of cargo, reefer and container ships, has agreed to acquire two 2,200 TEU high-specification container vessel newbuildings. The vessels are of an eco-design and are equipped with a high reefer capacity that equates to ap		858 million budged approved The Long Beach Board of Harbor Commissioners has approved a USD 858 million budget for the Port of Long Beach in the upcoming fiscal year, with two-thirds of the spending set aside for building and modernization program.

NASSCO builds engines Another milestone was marked in the construction of the world’s first LNG-powered containerships with the delivery of the world’s first dual-fuel slow-speed engine to General Dynamics’ NASSCO’s shipyard in San Diego, CA.		ZIM and Israel inked deal The biggest cargo shipping company in Israel ZIM and the state of Israel have reached an agreement regarding the terms of the Golden Share, allowing ZIM to execute the restructuring agreement.