Panama Canal Completes Major Step in Expansion Program.In another important milestone of its Expansion Program, the Panama Canal Authority announced the completion of phase three of the dry excavation project in the construction of the Pacific Access Channel (PAC)…
The 2011 cruise shipping season in Kiel ended today with a visit by the “AIDAcara”. The port was visited 120 times this year by nineteen different ocean-going luxury liners. Some 375,000 cruise ship passengers embarked or disembarked in the port…
Hamburg-based manufacturer HATLAPA Marine Equipment has purchased a majority shareholding in the Norwegian deck machinery company Triplex AS. In doing so HATLAPA’s traditional product portfolio of compressors, steering gear and winches has now…
MSHIP to Team with Huntington Ingalls Industries' subsidiary, AMSEC LLC. under U.S. Navy's SEAPORT-E Electronic Procurement Program. M Ship Co., LLC of San Diego, is pleased to announce that it has been awarded acceptance as a subcontractor of Huntington Ingalls Industries’ subsidiary…
Wärtsilä to donate diesel engine and equipment to SUNY Maritime College Engineering Department; Donation valued at $1 million. Wärtsilä, the marine industry’s leading solutions provider, will donate the main components of a hybrid diesel…
Today, Harvey Gulf International Marine became the first U.S. vessel operator to contract for construction of vessels capable of operating exclusively on natural gas. The agreement is for two, 302’ X 64’, Dual Fuel Offshore Supply Vessels, with an option for a third…
In a contract worth $110 million, Trinity to build two dual fuel LNG-powered PSV’s for Harvey Gulf. Wartsila to supply integrated system that includes the dual-fuel machinery. 7 October 2011: Harvey Gulf International Marine has signed a…
MEBA accuses operator of creating labor dispute and delaying important cargoes. AMO enters into new collective bargaining agreement with Liberty. On Monday, Liberty Maritime Corporation announced that it had entered into a new collective…
New Capital Structure Provides Opportunity for Significant Deleveraging. Horizon Lines, Inc. (NYSE: HRZ) today announced that it has completed a comprehensive refinancing of the company's entire capital structure. The new capital structure…
Omega To Continue To Operate in the Ordinary Course of Business. Omega Navigation Enterprises Inc. (ONAVQ) announced today that, in connection with its Chapter 11 proceedings in Houston, Texas, the Court has granted the continuing use of cash collateral through December 12…
Award to precede speech on grant opportunities for reducing diesel emissions. Sen. Tom Carper (D-Del.) will be honored in Wilmington, Del., on Oct. 7 as the American Association of Port Authorities’ (AAPA) “U.S. Port Person of the Year”…
KPI Bridge Oil, a leading global bunker broker and trader has appointed Mr Evandro Cavalli as Bunker Trader in its London office.Evandro, 31, is Brazilian/Italian and has previously worked for several years with one of the international…
Drewry Maritime Research, the global leader in freight rate benchmarking, has expanded its flagship Container Freight Rate Insight publication and now provides freight rate benchmarks on 550 international trade routes. Published monthly, the…
Acquisition completes following July 4th announced agreement in principle.Kongsberg Maritime AS, a wholly-owned subsidiary of Kongsberg Gruppen ASA, completed the acquisition of Evotec AS on Friday 30th September. Evotec AS develops and delivers technological management systems for the seismic…
Liberty Maritime Corporation (Liberty Maritime) of Lake Success, New York today announced that it has entered into a new collective bargaining agreement with the American Maritime Officers (AMO) union under which the AMO will provide U.S. citizen…