Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has entered into a new agreement for terminal operations at the Port of Oakland. Horizon Lines has teamed with Ports America, the…
Northrop Grumman Corporation (NYSE: NOC) announced a decision to move its corporate office from Los Angeles to the Washington D.C. region by 2011. The company is engaged in a search to identify a specific location within the Washington, D.C…
Singapore Exchange Mainboard-listed Stratech Systems Limited (Stratech) announced that it has been awarded a S$1.16m contract by the Maritime and Port Authority (MPA) of Singapore to design, implement and maintain the next-generation Shipmast Height Detection System (SHDS)…
1883- At 1 o’clock in the afternoon, the crew of the Quoddy Head Station discovered a schooner at anchor. The weather was bitter cold, with a gale from the northwest. The men got the boat out and pulled to the vessel. She proved to be Clara Dinsmore from Boston…
1855 - USS Plymouth crew skirmish with Chinese troops1875 - CDR Edward Lull begins expedition to locate best ship canal route across Panama. Route followed 30 years later.1943 - USS Helena (CL-50) fired first proximity fused projectile…
Safe Bulkers, Inc. (NYSE: SB), announced that it has agreed to terminate the existing charter of the Kamsarmax-class vessel Pedhoulas Merchant. The charter was contractually due to expire in November 2010. Following this agreement, the vessel…
The Coast Guard Foundation, a non-profit organization committed to the education, welfare and morale of all Coast Guard members and their families, announced that it has recognized Lockheed Martin Corporation as its largest corporate donor. Honored for lifetime gifts exceeding $2m…
MOL President, Akimitsu Ashida published the following 2010 New Year Message:A Happy New Year to all in our MOL Group companies.There is a Japanese saying, “ichiyo-raifuku” (the return of spring), meaning that “the winter has left and the spring has come”…
According to a Jan. 3 report from The Korean Times, Doosan Group has set this year's operating profit target at $1.4b, up 100 percent from 2009, group chairman Park Yong-hyun said Dec. 31. The conglomorate is aiming to reap $1.7b in total sales for 2010…
According to a Jan. 4 report from the Moscow Times, Prime Minister Vladimir Putin announced plans for the state-run United Shipbuilding Corporation to build two major infrastructure projects with foreign partners, with investments of a combined $700m…
According to a Jan. 2 report from Voice of America News, authorities say Somali pirates have hijacked a British-flagged cargo ship transporting cars and a chemical tanker from Singapore. The cargo ship Asian Glory was reported to have been hijacked along with 25-member crew late on Jan…
Diesel Techniek Rotterdam BV in Ridderkerk, generally known as DTR Yanmar Centre, will open on January 3 the doors of a new outlet. The company’s activities will all be combined at this address. Diesel Techniek Rotterdam is the official dealer of Yanmar…
On Dec. 31, Timothy J. Farrell, Executive Director of the Port of Tacoma, issued the following statement updating stakeholders on progress being made at the port:Five years ago, I promised that the Port of Tacoma would take care of our customers…
Zachry Construction Corp., San Antonio, Texas, was awarded on Dec. 21, 2009, a $22,376,777 firm-fixed-price contract for construct channel improvement, mission reach, Phase 2a. Work will be performed in San Antonio, Texas, with an estimated completion date of Feb…
29 December 2009 Lukoil and Statoil initialised the contract with Iraqi authorities for the West Qurna 2 field. Lukoil and Statoil have agreed to adjust the ownership split, increasing Statoil’s share from 15 % to 25 %. Lukoil’s share is reduced to 75 %…
