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AMPR Releases Study on Jones Act

Mar 22, 2013

Crowley is a member of The Puerto Rico Maritime Alliance, which consists of representatives of U.S. flag carriers and labor unions constituting the US Merchant Marine. The Maritime Alliance of Puerto Rico (AMPR) has announced that the…

Russian Presidential Decree Establishes NSR Administration

Mar 22, 2013

From an office in downtown Moscow, 15 people will regulate traffic along Russia’s Northern Sea Route.A decree signed this week by Prime Minister Dmitry Medvedev marks the formal establishment of the new Northern Sea Route administration. The office…

TMPS Appointed US Agent for ABC Diesel Engines

Mar 22, 2013

Trans Marine Propulsion Systems, (TMPS) appointed agent by Anglo Belgian Corporation (ABC) Diesel Engines.TMPS has locations in Seattle, Washington and Tampa, Florida, and services most makes and types of diesel engines, including medium…

Some UK Budget Good News for Shipping Industry

Mar 22, 2013

International accountant & shipping adviser Moore Stephens says the UK Budget 2013 contains generally good news for the shipping sector.Measures which will have an impact on the shipping industry include a reduction in the main rate of UK…

Lake Michigan Marinas Applaud Dredging Assistance Package

Mar 22, 2013

The Michigan Boating Industries Association (MBIA) thanks the Michigan State House and Senate for speedy support of bills.The package included assistance to public and private marinas and helped streamline the regulatory process within the Michigan Department of Environmental Quality…

Mercator Lines Reduce Liabilities in Challenging Market

Mar 22, 2013

Mercator Lines (Singapore) Indian-owned international dry bulk shipping company cuts short charters, sell a ship.The sale of the vessel Sri Prem Putli was concluded on 21st March, 2013 resulting in net proceeds of USD 44.4 million. The proceeds…

Restructuring Pays Off: Indonesian Shipyard Wins Orders

Mar 22, 2013

Singapore-based Otto Marine contracted to fabricate 4 pre-erected columns & pontoon blocks worth S$6.3-million.Otto Marine Limited, an offshore marine company which specialises in building complex offshore support vessels, ship chartering…

Tankship Major Crystal-gazes Interestingly

Mar 22, 2013

Euronav, report a trading loss of almost US$ 119-million after tax in year-ending 2012 report, expect oil transportation market to re-balance in 2013.Prospects for 2013 On the supply side, given the current state of the tanker market and…

SE Asia Oil Spill Response Initiative Launched

Mar 22, 2013

IMO & IPIECA, the global oil and gas industry association for environmental and social issues, jointly launch a new Global Initiative (GI).The GI programme, aimed at improving the oil spill preparedness and response capabilities in south east…

ABB Main Electrical Contractor for Ichthys Offshore Project

Mar 22, 2013

ABB appointed main electrical contractor for new semi-submersible central processing facility (CPF) at Ichthys oil & gas field in the Timor Sea off Western Australia. The order is valued at $15 million. ABB was awarded the MEC contract by the engineering…

LNG Shipping's Dream Run Over?

Mar 22, 2013

Drewry's latest 'LNG Insight' saw heating demand subside in major importing regions in February & cargo availablilty also tightened.Regarding cargo availability, a few unplanned shutdowns, caused a 4% decline in the LNG  Freight Index.LNG shipping enjoyed a dream run during 2011 and 2012…

Bow Riding in Heavy Weather: Coast Guard Safety Alert

Mar 21, 2013

Several passengers in the bow pulpit of a 106-ft whale-watching vessel were injured when a large wave was struck & threw them backwards.Injuries ranged from cuts and bruises to a broken patella (knee) and jaw. Although there were many other passengers on board at the time…

IMO Pledge to Support African Piracy Code

Mar 21, 2013

The organisation will help implement the West and Central Africa piracy code adopted at a recent ministerial meeting.IMO has pledged its support to assist in the implementation of a new Code of Conduct concerning the prevention and repression of piracy…

Guardian Salvage SUPSALV Masterminded

Mar 21, 2013

Naval Sea System Command's (NAVSEA) Supervisor of Salvage & Diving (SUPSALV) continues to support the removal of the wreck.Guardian ran aground on the coral reef Jan. 17, while transiting the Sulu Sea. After the initial grounding, strong winds…

CFOA Welcome 2013 Canadian Budget Provisions

Mar 21, 2013

The Canadian Ferry Operators Association (CFOA) expresses approval of industry-related budget measures.“This government continues to demonstrate its commitment to transportation infrastructure,” said Serge Buy, CEO of CFOA. “We look forward…

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