Containership orders are increasing at a dramatic rate, analysis from Braemar’s Seascope’s research division has revealed.Figures show that since the beginning of this year 52 containerships of 10,000TEU or larger have been ordered – compared…
Logistics company SBS Worldwide worked tirelessly through the weekend to maintain its clients’ supply chains as the devastating hurricane Irene battered the US north east.Early on Monday morning, SBS Worldwide’s New Jersey office was “open for business as usual”…
Further to our previous media releases detailing a potential new trend in pirate tactics in an area of the Red Sea off Eritrea (see Figure 1), Neptune Maritime Security has had the opportunity to examine the available data through our Intelligence Bank…
Grundfos has hired Jon Berggren as a new Business Development Manager to further strengthen the global pump manufacturer’s marine sector.Berggren holds degrees in mechanical engineering and marketing. He has 14 years of international experience in the maritime industry…
Kadey-Krogen 52’ Hull Number One Scheduled for World Debut in Seattle Boats Afloat Show, Sept. 14-18.Hull number one of the new Krogen 52’ departed Asia Harbor Yacht Builders in Kaohsiung, Taiwan on August 22 and is set to make its international…
Nordic American Tankers Ltd. Letter to Shareholders From the Chairman and CEO - NAT Is Different.Dear Shareholder,It is time to update you on recent developments in the Company and our industry. As we have stated before, it is at times…
Safety specialist Survival Craft Inspectorate wins multimillion-pound Shell contract. Aberdeen-based marine safety specialist Survival Craft Inspectorate has secured a multimillion pound contract to supply and service life-saving equipment in Shell’s Southern North Sea sector…
MOL Earns Commendation from Cambodian Government for Role in Transport of Medical Vehicles and Equipment. TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that it has received a commendation from the government…
Alaris Companies (Alaris) is helping the U.S. Coast Guard to save taxpayer dollars, decrease energy usage, and reduce greenhouse gas emissions with a unique fleet energy management program. Working under a previously announced Michael Baker Jr…
Designed to deliver petroleum products on the U.S. West Coast, the vessel is designed with safer, more efficient fixed-tank cleaning system. Crowley Maritime Corporation's Vision/650-10, the last of 10 Articulated Tug Barges (ATBs) in the 650-series new-build program…
Two 17-knot high-speed research vessels for the U.S. Geological Survey are to be dedicated at Great Lakes Shipyard, Cleveland, Ohio, on Wednesday, August 31, 2011.R/V KAHO and R/V MUSKIE will replace two of the USGS’s oldest research vessels…
American Pollution Control Corp. (AMPOL), a leading oil spill response and total environmental solutions provider, has completed the oil spill recovery and environmental cleanup on a recovered platform in Terrebonne Parish.Located offshore then transported to Dulac…
ABS Nautical Systems announced the redesign and release of its suite of asset management software, NS5. Continually evolving to meet industry needs, NS5 Enterprise has a versatile design that allows all users – from senior management to crew…
CMA CGM, the world’s third largest container shipping company, reported revenue of $7.3b for the first six months of 2011, an increase of 8% compared with the year-earlier period. Business benefited from an increase in volumes carried and stable freight rates on most of the group’s lines…
As the world economy sputters, so too do the expansion plans for India's state-owned Shipping Corporation of India (SCI), which according to a report on the www.business-standard.com will hold up on its plan to issue new tenders for new vessels…