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ACL Appoints New Executives

Jul 27, 2011

American Commercial Lines (ACL) has relocated Bill Braman, Senior Vice President and Chief Operating Officer – Transportation Services, to Harahan, LA, where he will lead the field implementation of ACL’S new operating plan and scheduled service platform…

Clean Air Action Plan Air Quality Award Winners Announced

Jul 27, 2011

The Ports of Los Angeles and Long Beach have selected seven local maritime and cargo companies as this year’s recipients of the Clean Air Action Plan Air Quality Awards, an honor presented to those taking extraordinary measures to cut air emissions…

Iraqi Delegates to Visit OPITO

Jul 27, 2011

Following the signing of a landmark agreement with the Iraq Ministry for Oil to help the war-torn country develop the skills and training necessary to exploit its hydrocarbon resources, OPITO will welcome a senior delegation from Iraq on a fact-finding mission…

General Dynamics Reports Strong 2Q Earnings

Jul 27, 2011

General Dynamics has reported second-quarter earnings from continuing operations of $666 million, or $1.79 per share on a fully diluted basis, compared with 2010 second-quarter earnings from continuing operations of $651 million, or $1.68 per share fully diluted…

Offshore Services Chooses MarineCFO Software

Jul 27, 2011

MarineCFO Inc., a provider of Marine Software including On-Vessel, Marine Operations, Personnel, Fleet Maintenance and Financial Management Software Solutions to the Marine Transportation Industry, announced that International Offshore Services…

GAC Appoints Steindamm, Bjorklund

Jul 27, 2011

GAC has expanded its regional Shipping Marketing team with the appointment of Niko Steindamm. As Marketing Manager, Shipping, based in Bremen, Germany, Steindamm will promote GAC's global shipping and related services to the maritime and commodity/trading communities in Germany…

NAT Issues Statement on "Unusual" Trading of its Stock

Jul 27, 2011

Hamilton, Bermuda, July 26, 2011 - There was an unusual trading in the NAT stock yesterday. NAT is not aware of any corporate news or market news that caused the irregular trading. The dividend report for the second quarter 2011 will be published August 8…

BC Backs Seaspan Bid

Jul 26, 2011

According to a report on www.vancouversun.com, Vancouver-based Seaspan Marine's bid for the federal government's $35b National Shipbuilding Procurement Strategy includes as much as $60m in support for the overall marine industry from the province and BC Ferries…

LNG: Germany to Benefit from Dutch LNG Terminal

Jul 26, 2011

As Germany seeks to replace its shuttered nuclear reactors, it appears that the country will likely to become the biggest customer for the Netherlands' first liquefied natural gas (LNG) terminal within two to three years, according to a report on Reuters…

Danos & Curole Wins Contract from Chevron Liberia

Jul 26, 2011

Danos & Curole has been awarded a multi-million dollar contract from Chevron Liberia to provide drilling support services in Liberia, West Africa. The company’s consultant service business will carry out preparation work for exploratory drilling…

NAMEPA to Host "Resources and Readiness in Alaska" Seminar

Jul 26, 2011

District 17 Commander RADM Tom Ostebo will be a keynote speaker at a “Resources and Readiness in Alaska” seminar to be presented by the North American Marine Environment Protection Association (NAMEPA) on August 18th in Anchorage at the Captain Cook…

RINA Issues New Dry Bulk Carrier Design Standards

Jul 26, 2011

Genoa-based classification society RINA has established rigorous design standards for the modification or newbuilding of dry bulk cargo carriers to enable them to carry fine ores safely at any moisture content. A number of recent bulker losses…

DryShips to Acquire OceanFreight

Jul 26, 2011

DryShips Inc. and OceanFreight Inc. have entered into a definitive agreement. The former will acquire the outstanding shares of the latter for consideration per share of $19.85, consisting of $11.25 in cash and 0.52326 of a share of common stock of Ocean Rig UDW Inc…

Weld Tooling Appoints Sted and Clouser

Jul 26, 2011

Weld Tooling Corporation has appointed Norm Sted Sales and Marketing Director for weld.com. Norm brings over 30 years of welding and business experience from his position as Regional Manager for one of the largest manufacturers of arc welding products in the world…

USNI Appoints VAdm Daly Chief Executive Officer

Jul 26, 2011

On July 27, 2011, the U.S. Naval Institute (USNI) begins an important new chapter with the appointment of Vice Admiral Peter H. Daly, U.S. Navy (Ret.) as the professional society’s Chief Executive Officer. Daly served from August 2008 until June 2011 as Deputy Commander and Chief of Staff…

Logistics News

Russia's Ust-Luga Port Damaged by More Ukrainian Drones

Russia's Ust-Luga Port Damaged by More Ukrainian Drones

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

BIMCO: 130 Container Ships Stranded in Persian Gulf

BIMCO: 130 Container Ships Stranded in Persian Gulf

Hapag-Lloyd Earnings Down from Last Year

Hapag-Lloyd Earnings Down from Last Year

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