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Kerry Announces U.S. Assistance for Maritime Capacity in SE Asia

Dec 16, 2013

On December 16, Secretary of State John Kerry announced an initial commitment of $32.5 million in new regional and bilateral assistance to advance maritime capacity building in Southeast Asia. Including this new funding, our planned region-wide…

Port of LA: Container Volumes Up 17.3%

Dec 16, 2013

The Port of Los Angeles has released its November 2013 cargo volumes. November overall volumes increased 17.3 percent compared to November 2012. The increase is due in part to larger vessels calling at the Port as well as improvement in the U…

Transas Simulators Selected for Two Training Centers in Egypt

Dec 16, 2013

Transas Marine simulators have been chosen by the College of Maritime Transport and Technology and the Integrated Simulators Complex (ISC). These are the two institutions of Arab Academy of Science, Technology and Maritime Transport (AASTMT)…

Transas Upgrades Training Center in Jordan

Dec 16, 2013

Transas Middle East has won a contract to re-equip and expand Jordan Academy for Maritime Studies (JAMS) with new maritime simulators.The project includes relocation of existing navigational simulator NTPRO 5000 and Transas GMDSS Simulator…

New European Regs on Ship Recycling

Dec 16, 2013

The new European Regulation on ship recycling (Regulation (EU) No 1257/2013) was published on December 10, 2013 in the Official Journal of the European Union and it will enter into force on December 30, 2013. In view of the international importance…

Nordic Maritime Exercises Option to Subscribe Further Shares

Dec 16, 2013

In light of the development of Nordic Shipholding A/S's cash position, as announced by the company in company announcement no. 11/13 published on December 13, 2013, Nordic Maritime has informed the company that it will exercise the option granted…

Sigma Nexeon710: New Coating From PPG

Dec 16, 2013

PPG plans for future environmental standards with its range of copper-free antifouling coatings.  The  Sigma Nexeon  range is designed to provide a complete copper-free antifouling solution. Sigma Nexeon710 is the antifouling solution for…

Floating Production Systems: Market Update

Dec 16, 2013

Currently, 319 oil/gas floating production units are now in service, on order or being remarketed for reuse.  FPSOs account for 66% of the existing systems, 73% of systems on order. Another 25 floating LNG processing systems are in service or on order…

NJ Governor Christie: $11M Ferry Building Deal for Tuckahoe Shipyard

Dec 16, 2013

New Jersey Gov. Christopher Christie, State Sen. Joseph Kyrillos, Monmouth County Freeholder Director Thomas Arnone, NY Waterway President & Founder Arthur E. Imperatore and Yank Marine President & Founder John C. Yank Jr. of Tuckahoe today…

Agip Rebrands as Eni Powers Ahead in North America

Dec 16, 2013

Agip has recently rebranded as Eni, while simultaneously announcing plans to increase penetration of its lubricant brands in North America across all industries. Gianfranco Mosconi (above) President and CEO of Eni USA R&M Co., shares the vision behind the strategy…

ERRIA Wins Ship Consulting Deal with Kirk Kapital A/S.

Dec 16, 2013

ERRIA will become a cooperative partner and advisor to Kirk Kapital, which owns five product tankers and have one additional in administration.'We are pleased and proud that the choice has fallen on ERRIA and consider it as an approval…

Diana Containerships Sells M/V Spinel for Scrapping

Dec 16, 2013

Diana Containerships Inc. (Nasdaq:DCIX) signed, through a separate wholly-owned subsidiary, a Memorandum of  Agreement to sell to an unaffiliated third party the 1996-built vessel Spinel (formerly APL Spinel) for demolition, with delivery due to  the buyers by December 20…

Ultramax Bulk Carrier Delivered to STAR

Dec 16, 2013

Star Bulk Carriers Corp. (Nasdaq: SBLK) took delivery of M/V Star Challenger (formerly M/V “Supra Challenger”), a 61,462-dwt Ultramax bulk carrier of built in Japan by Imabari Shipbuilding Group in November of 2012.The ship has been employed…

American Cruise Lines Orders Four New Ships

Dec 16, 2013

Four new ACL Vessels to Enter Service between 2015 & 2017 and to Operate on U.S. RiversAmerican Cruise Lines announced plans to build four new riverboats for American river cruising, and noted that construction has already begun on the first two ships…

MPE Helps on Stena Ferry Interior Refit

Dec 16, 2013

MPE Interiors has completed a contract for ferry operator Stena Line to deliver an extensive fit out on the Stena Adventurer vessel. MPE carried out the refurbishment works at the forward end of passenger decks seven and eight on the vessel which operates between Holyhead…

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