With the Yantain Express fire being on the verge of taking the second place spot for most popular post i thought it was worth mentioning the real second most popular post. Since moving the Site off Blogger, the Popular posts widget was reset. The 5th most popular post on the current site is more popular then all but the most popular post from the old host.
The Asian emperor was a car-carrier that had some cargo break free off halifax, and get trashed as it rolled about the hold. the ship was also carrying a number of custom order BMW’s which the owners were tracking online, and following the progress of the ship.
when it was delayed, they started posting in Car forums, and i started receiving anxious emails from people wondering if their car had survived.
Algoma today announced the signing of a agreement to acquire the interest held by Oldendorff Carriers in the CSL International Pool including the three vessels owned by Oldendorff operating in the Pool. As a result of the transaction, Algoma’s interest in the Pool will increase to approximately 40%.
The Pool consists of 18 self-unloading vessels ranging from handy-sized to panamax and provides shipping services along the coasts of the Americas and in the Caribbean. Pool vessels frequently carry gypsum from Halifax to the US. Algoma currently owns five vessels operating in the Pool. As a result of this transaction, Algoma will acquire the handy-sized m/v Alice Oldendorff, and the m/v Harmen Oldendorff and the m/v Sophie Oldendorff, both of which are panamax vessels, for US$100 million. The deal is expected to close late in the second quarter of 2019.
On the 17th Algoma stated they expect to fund the transaction principally from the proceeds of the refund guarantees from the cancellation of four Croatian shipbuilding contracts. the next Day they announced they had received a full refund of all installment payments made in connection with the now-cancelled shipbuilding contracts with Uljanik d.d. and 3Maj Shipyard of Croatia.
Algoma entered into five shipbuilding contracts with 3Maj Shipyard, an operating unit of Uljanik d.d of Croatia. After considerable delay, the first of the five vessels was delivered in 2018; however, Algoma cancelled the remaining four contracts as the shipyard’s financial difficulties led to the shipyard being unable to put forward a plan that would lead to completion of the remaining hulls. Demands for installment refunds were made in December 2018 and the banks have now remitted a total of CAD$115 million in full settlement of the claims.
Algoma also extended the expiry dates on three existing option contracts held with Yangzijiang Shipyard in China (YZJ) until later in 2019. These options to build Equinox Class self-unloaders or gearless bulkers at attractive prices, were to expire at the end of December.
Algoma contracted for the building of two Equinox Class seawaymax
self-unloaders by YZJ in 2015 and subsequently enlisted the support of
the shipyard to complete two of the partially built Nantong Mingde
hulls, which Algoma acquired from that bankrupt shipyard. Three of the
four ships have been delivered. The final Nantong Mingde hull, the
Algoma Conveyor, is scheduled for delivery in February and is expected
to be in service for the 2019 navigation season.
1.No Offshore Oil BP is giving up Half its NS Exploration licenses. Earlier this year shell returned them all. this suggests very limited returns in Nova Scotia’s Offshore. the CNSOPB recently listed 2 parcels off sable island for bid. these are neighbors to the Sable Gas and Deep Panuke projects which recently shutdown.
2.Magnetic Pole the Magnetic north pole – the point at which all compasses actually point is moving alot faster all of a sudden, and is leading to problems with Charts. The movement is known as variation, and is typically x degrees per year.
3.misdeclared Cargo Maersk will begin spot checking contents of containers at some ports in a bid to weed out mis declared cargo. HNS Cargo can be misdecalered through oversight, or in a bid by shippers to save money.
4.This week in the Herald
this week in the Herald, I talk about places of refuge. The Yantain Express has requested a place of refuge (Halifax) from the Government of Canada.
1.this is pretty. What markings on ships mean. this is interesting, and beautifully photographed.
Today brought the arrival of the CMA-CGM Libra, the largest container ship to call in halifax to date. She is Rated at 11,388TEU. Built in 2010, and flagged in Malta, the ship is calling on the Columbus loop service.
The Largest container ship to cal in Cnada so far, was the COSCO Himalayas, which tied up at the Prince Rupert Fairview Terminal November 14-19/2017. that ship is rated for 14,500 Teu
In a bid to Cut costs, ZIM Started a New Canada Florida Express service, and stopped calling in halifax on the ZCP Service. The ZCA Service remained unchanged, while ZCI service began being marketed by The Alliance as AL7, after they canceled the Halifax call of their competing AL6 service.
Maersk added a New weekly Med/Montreal Express (MMX) Serivce with a call in Halifax with its first call in early august. Halifax was dropped from the service in November.
The Boa Barge 37 arrived to facilitate launching of the AOPS at the shipyard at the end of April. The first ship received its final coat of paint in August, was launched in September, and was named HMCS Harry DeWolf in a Ceremony at the shipyard. AOPS #2, the future HMCS Margaret Brooke, had the Center and stern megablocks rolled out and joined at the end of September, and the keel laying ceremony for AOPS #3, the future HMCS Max Bernays was held December 5th. The feds also announced they were going ahead with a 6th AOPS, after splitting the Halifax Class Maintenance contract between Halifax shipyard and Davie.
Davie completed the conversion of the former Vidar Viking, into the Medium Icebreaker CCGS Captain Molly Kool.
The Norwigan Frigate, KNM Helge Ingstad sunk after a collision with a tanker. The Norwegian accident investigation board’s interim report suggest the hull has a design or construction flaw, which caused the loss of the ship.
3.Montreal Montreal longshoreman voted 99.5% in favour of striking. the vote is merely symbolic, as they are under mediation until the end of February, and the vote is only valid for 60 days. Another vote would need to be held.
Jan 9, 1978 – A severe storm strikes the east coast, causing a great deal of destruction and coastal flooding from Virginia to Nova Scotia. Jan 8, 1943 – The first tanker convoy from Trinidad to North America was attacked by a U-boat Wolf Pack. seven of the nine tankers were sunk.