Dispute remains over who pays for maintenance costs for federal channel.The $35 million harbor widening and deepening project at Port Canaveral to allow larger ships greater safety margins for sailing in and out of the port is scheduled to begin next month with completion in November 2014…
The American Association of Port Authoritiesred (AAPA) informs that Fred. P. Hochberg, chairman and president of the U.S. Export-Import Bank, has agreed to serve as the luncheon presenter on Tuesday 25, March at its 2014 Spring Conference in Washington…
Topaz Energy and Marine, a offshore support vessel company, announced the results of its subsidiary Nico Middle East Ltd. for the 12 months ended December 31, 2013. The period has seen continued strong and profitable growth across the group’s activities with revenues up 22% and EBITDA up 17%…
Hong Kong company Shagang Shipping has successfully obtained an order for the arrest of the HNA Group controlled vessel 'MV Bulk Peace' from the Western Australia District Registry. The move is part of a long-running legal campaign seeking payment of USD 66…
According to the the Mission to Seafarers, families of anti-piracy vessel 'MV Seaman Guard Ohio' personnel being held in India have said that the British lawyers representing the men were dismissed ahead of the upcoming bail hearing. Family members have also launched an appeal for financial help…
The Hamburg Port Authority (HPA) said its dedication to pursuing the highest standards of safety, quality and environmental protection led them to joining the Green Award scheme as an incentive provider for seagoing ships. From 2014, oil, product and chemical tankers…
The challenges of managing efficient procurement processes and getting the right funding in the shipping and offshore sectors is the topic for a major half day conference in Singapore later this month.Coinciding with the Asia Pacific Maritime (APM) event on March 20…
North America’s energy revolution is starting to have a profound impact on the maritime and offshore sectors.North America is undergoing a gradual revolution in energy production, and the transformation has begun to have a profound impact on the maritime and offshore sectors…
Bourbon has been informed of a proposed bid for its shares at a price of 24 euros per share, announced March 16, 2014 by its main shareholder, Jaccar Holdings. This offer is conditional upon obtaining 50.1% of the capital and bank financing…
The Navy has announced two separate contract awards for Fiscal Year (FY) 2014 DDG 51 destroyers to Huntington Ingalls Industries (HII) and to General Dynamics Bath Iron Works (BIW). Details as follows:Huntington Ingalls Industries Is being provided funding of $601…
To avoid significant financial losses to the port and local economy, dredging the Cuyahoga River and Cleveland Harbor must start without delay considered the Port Board at its March 2014 meeting. Accordingly they directed the Port’s management to work with U…
VIKING Life-Saving Equipment A/S announced its 2013 financial results, reporting growth in both turnover and profits for 10 straight years.The Danish-based company with a worldwide presence said it has “once more beaten the odds in an industry…
According to the American Club, the latest customs threat in Argentina concerns the misdeclaration of shipboard stores, which can lead to fines. In an alert to its members, the American Club said that customs authorities are becoming stricter…
(Reuters) - Federal prosecutors in Manhattan have subpoenaed the Port Authority of New York and New Jersey for records regarding the business dealings of the agency's chairman, David Samson, according to media reports on Monday.U.S. Attorney…
A group of passengers suing Carnival cruise lines for damages after an engine fire left their ship adrift for days are asking the company to pay $5,000 a month for the rest of their lives for medical bills and mental anguish.A lawsuit brought…