Latest News - page 2423


USS Essex Collision Captain Removed from Command

Aug 27, 2012

Navy investigation reports chaos on bridge of USS Essex last spring, leading to collision with oiler Yukon.The Essex skipper’s failure to properly lead his junior bridge watch team caused what could have been an “avoidable” collision, according…

TOP Ships Shares Fall Below NASDAQ Par

Aug 27, 2012

Greek-based shipowners TOP Ships Inc. announces receipt of Nasdaq notice.TOP SHIPS Inc. is engaged in the worldwide transportation of liquid and petroleum cargoes as well as dry bulk cargoes through the ownership of a fleet of 6 tankers and 1 dry bulk carrier…

Offshore Carrier Design 7400 Launched by Damen

Aug 27, 2012

Damen Offshore Carrier (DOC) 7500 design introduced: a smaller heavy transport, offshore installation & ro-ro platform.Damen developed the new vessel in cooperation with Singapore based heavy lift transport specialist Hans van Mameren, managing director of Ha-Ce Engineering Pte Ltd…

Northrop Grumman Electronic Systems Appoint Senior Executive

Aug 27, 2012

Northrop Grumman names Teri G. Marconi Vice President & General Manager of Naval and Marine Systems Division.In her new position, Marconi will have executive responsibility for all naval and marine systems programs within Northrop Grumman's Baltimore-based Electronic Systems sector…

Lehnert Appointed MD at Transas

Aug 27, 2012

The Board of Directors of Transas Group has appointed Ralf Lehnert as the new Managing Director of Transas Marine International (TMI). Ralf has a seagoing background as an Officer in the German Navy and holds a Master Degree in Economics and Business Administration…

Finance: Love on the Rocks

Aug 27, 2012

Ain’t love grand? There’s the courtship phase: the wine, the roses, the proposal; the blood tests come back approved by the credit committee . . . finally the borrower and the lender fund the deal and tie the knot forever, walking off into the sunset in vessel finance ecstasy…

Tognum Upgrades MTU Series 2000 Yacht Engines

Aug 27, 2012

Tognum said it will develop its MTU Series 2000 yacht engines for compliance with US EPA Tier 3 Recreational and IMO Tier III emissions regulations. The new Series 2000 M96 engines will be able to cover outputs up to 2,600 bhp (1,940 kW), at…

Liberia Welcomes MLC Code; Trains Inspectors

Aug 27, 2012

THE Liberian Registry has welcomed ratification of the Maritime Labour Convention (MLC 2006) and has reinforced its role as a world leader in maritime safety and seafarer welfare by further strengthening its team of flag state inspectors qualified to undertake MLC 2006 inspections…

Sail Design for Commercial Ships Completed

Aug 27, 2012

Eco Marine Power completes EnergySail design.Japan's Eco Marine Power Co. Ltd. announce that it has completed the high level design for its innovative rigid sail known as the EnergySail, a revolutionary device that will allow ships to harness…

MTU Series 2000 Yacht Engine Development

Aug 27, 2012

Tognum is to develop its MTU Series 2000 yacht engines to meet forthcoming exhaust gas emission regulations.Tognum is to develop its MTU Series 2000 yacht engines for compliance with US EPA Tier 3 Recreational and IMO Tier III emissions regulations…

APM Terminals Accommodate Callao Fishing Industry

Aug 27, 2012

APM Terminals to grant USD$3-million for development of a new modern commercial fishing terminal at the Port of Callao, Peru.The local fishing industry had been concerned about potential displacement with the ongoing construction of a new expanded cargo facility at the port…

Aker Solutions to Supply Six Jurong Shipyard Drillships

Aug 27, 2012

Aker Solutions wins contract to supply drilling equipment packages for a series of six deepwater drillships for the Brazilian market. The six new vessels will be operated by Norwegian drilling operators Seadrill and Odfjell Drilling (3 each) under 15-year charter contracts from Petrobras…

Two More Bulk Carriers Delivered by COSCO Shipyards

Aug 27, 2012

COSCO Corporation (Singapore) Limited announce deliveries from its Chinese subsidiary Dalian & Guandong shipyards.COSCO (Dalian) Shipyard Co., Ltd has delivered one bulk carrier,  “SIBERIA EXPRESS”, of 92500 DWT, measuring 229.165 meters in LOA…

Derelict MSC Flaminia Latest News

Aug 27, 2012

Vessel has been towed closer to the UK coast, but adverse weather prevents boarding of safety experts.The managing agents report follows:MSC FLAMINIA and its accompanying tug boats FAIRMOUNT EXPEDITION (Fairmount Marine) and ANGLIAN SOVEREIGN (L…

Transnet South Africa to Invest Heavily in Logistics Infrastructure

Aug 27, 2012

Breakbulk's first Africa conference discusses challenges, opportunities in moving breakbuld & heavy-lift cargo in & out of Africa.South Africa's national transport company is planning infrastructure improvements that will move cargo from highways to rail…

Current News

PMA: Panama-Flagged Vessels Must Notify of Ship-to-Ship Transfers

Sovcomflot Plunges to $393m Loss in Q1 Amidst Sanctions

BAE Systems Set to Open $250M Shiplift Facility in Florida

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

Subscribe for Maritime Logistics Professional E‑News