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AMP's Allegretti Questions Jones Act Critics

Oct 09, 2014

Tom Allegretti, Chairman of the American Maritime Partnership (AMP), the voice of the domestic maritime industry, today highlighted the continued renaissance of the nation’s maritime sector, particularly its robust response to meet new water…

Ballard Marine Certified as Women’s Business Enterprise

Oct 09, 2014

Certification responds to public and private sectors’ growing demand for diversity.Ballard Marine Construction, a Northwest based marine contractor, has been granted Women’s Business Enterprise (WBE) certification by Women’s Business Enterprise National Council (WBENC)…

OMV Could End CEO Contract

Oct 09, 2014

Austrian newspaper Die Presse said on Thursday the contracts of OMV Chief Executive Gerhard Roiss and the head of OMV's gas division Hans-Peter Floren may be cut short before they run out in 2017, citing a recommendation from a board subcommittee…

Dry Bulk Drought: Asia Rates Fall

Oct 09, 2014

Rates for capesize bulk carriers on key Asian routes could continue to fall next week in the absence of major charterers although lower freight rates could tempt top iron ore miners back into the market and potentially buoy rates, brokers said…

Maersk, MSC Win U.S. OK to Launch Shipping Pact

Oct 09, 2014

Maersk Line and Mediterranean Shipping Co (MSC), the world's two largest container shippers, won approval from U.S. maritime regulators for a planned vessel sharing pact, bringing it a step closer after a bid for a larger alliance failed.The…

Saipem in Subsea Deal with Chiyoda, Xodus

Oct 09, 2014

Italian oil service group Saipem said on Thursday it had set up a venture with energy consultant Xodus Group and Japanese engineering company Chiyoda to develop business in the subsea sector.Saipem, 43 percent controlled by Italian oil major Eni…

USCG & Mariners Rescue 3 in Eastern Pacific

Oct 09, 2014

The Coast Guard and commercial mariners rescued three people who were reported overdue on a skiff near the Chuuk Atoll, Thursday.The motor vessel, Nord Venus located the three male survivors approximately 23 miles north of Chuuk.An…

Meltric debuts DECONTACTOR Series Switch

Oct 09, 2014

Meltric Corporation, a leading manufacturer of industrial connectors including, UL/CSA switch rated plugs and receptacles, introduced today the DSN150 Series, which extends its popular DECONTACTORTM line of switch-rated plugs and receptacles to 150A/75HP…

U.S. Navy Spotlights Targets Media Risks

Oct 09, 2014

As the U.S. Navy remains ever vigilant, taking the fight to the enemy, recent media reports have highlighted potential risk from information carelessly or inadvertently shared on social media.There has also been a steady stream of reporting…

Navplay's Debuts Experience Maker

Oct 09, 2014

NavPlay, an innovative manufacturer of iPad apps for boaters, announced today its revolutionary story telling functionality, Experience Maker. A unique and innovative feature that is exclusive to the NavPlay app, this new feature gives boaters…

Caterpillar Maintains Dividend Rate

Oct 09, 2014

The Board of Directors of Caterpillar Inc. voted today to maintain the quarterly cash dividend of seventy cents ($0.70) per share of common stock, payable November 20, 2014, to stockholders of record at the close of business on October 20…

Charleston Harbor to be Deepened

Oct 09, 2014

Today the US Army Corps of Engineers released the Draft Integrated Feasibility Report and Environmental Impact Statement for the Post-45 Harbor Deepening project, recommending that the Charleston Harbor be deepened to 52 feet.'The Port…

Shell Helps Track Product Availability Using Mobile

Oct 09, 2014

Shell has launched its Shell Marine Products app, providing its customers with one-touch ability on mobile devices, to track their marine lubricant orders anytime, anywhere.  This complements Shell Marine Products’ (SMP) International Customer Service Centre (iCSC)…

Maersk CEO Offers Advice for Market Growth

Oct 08, 2014

AP Moller-Maersk CEO, Nils Andersen, delivered the keynote at today’s Danish Maritime Days forum in Copenhagen where he offered several keys to enhancing the maritime sector on a worldwide scale. Andersen called the ship purchasing market attractive for investors…

Ebola Fears Hit the Maritime Market

Oct 08, 2014

Ports tighten ship entry procedures as Ebola fears spread Brazil, Argentina and the United States have tightened port entry procedures for ships that have sailed from West Africa in a bid to control the potential spread of the deadly Ebola virus…

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