According to a Sept 29 report from Reuters, ThyssenKrupp AG (TKAG.DE) is selling part of its civil shipyards as the economic downturn hits shipbuilders around the world.German trade union IG Metall said late on Monday ThyssenKrupp is selling…
According to a Sept 28 report from Reuters, Italy's oil and gas major Eni (ENI.MI) has bought majority stakes in two offshore exploration licenses in Ghana, making a return to potentially oil-rich African country, Eni said in a statement.(Source: Reuters)
Metal Trades, Inc. (Hollywood, SC) has built and delivered the outer hull for a double hull fuel barge conversion for Cross State Towing Company of Jacksonville, FL. The 256 ft long by 56 ft wide outer hull was designed by Glowacki Engineering to retrofit on the outside of the 17…
The National Transportation Safety Board will hold a public Board meeting on Wednesday, September 30, 2009, at 9:30 a.m., in its Board Room and Conference Center, 429 L'Enfant Plaza, S.W., Washington, D.C. There is one agenda item. On March 23…
Coast Guard Marine Safety Unit Port Arthur is continuing to coordinate response operations to recover oil from a submerged ship wreck 6 miles off Texas Point in the Gulf of Mexico, Friday, Sept. 25.The Coast Guard federal on scene coordinator…
The Coast Guard is responding to an oil spill approximately nine-miles offshore of Savannah after a tank ship punctured a hole in its double-hulled fuel tank during the deployment of the ship's anchor Sept. 27. The Singapore based tank ship…
The oil spill responders continue clean up efforts today after the 458-ft tank vessel Chemical Supplier allided with a barge and spilled approximately 10,500 gallons of oil in the Houston Ship Channel early on Sept. 25.Responders, as of 5:00 p…
Ahead of an impending revision of the standard industry shipmanagement agreement, the International Transport Intermediaries Club (ITIC) has urged shipmanagers to limit their liability to a sum which reflects the growing proportionate gap between ship values and the level of shipmanagement fees…
According to a Sept. 29 report from The Chosun Ilbo, a research and development team from the Korea Gas Corporation and the three major Korean shipbuilders has developed the core original technology needed to make a liquefied natural gas (LNG) storage tank in an LNG carrier…
Wärtsilä has signed the United Nations Global Compact initiative and has been registered as a participant by the UN Global Compact Office. With this action Wärtsilä further consolidates its commitment to sustainable business practices, and to…
According to an Associate Press report, United States Marine signed the paperwork turning over two patrol boats to the U.S. Special Operations Command. They are the last of the vessels to be delivered under a contract valued at more than $100m…
American Commercial Lines Inc. (NASDAQ: ACLI) (ACL) announced that the U.S. Securities and Exchange Commission (SEC) has confirmed it will not take action against the company and has closed an inquiry related to an e-mail sent by the company's…
Tsakos Energy Navigation Limited (TEN) (NYSE:TNP) announced that its Board of Directors has declared the company’s initial cash dividend for the fiscal year 2009 of $0.30 per common share, payable October 29, 2009 to stockholders of record on October 22…
Crowley Maritime Corporation announced that Todd Busch, the company's senior vice president and general manager of technical services, which includes Crowley subsidiary Titan Salvage, has been elected president of the International Salvage Union (ISU)…
1898-The American steamer, Toledo with the barge Shawnee in tow, became water-logged 25 miles southwest of the station at Ship Canal, MI. Her crew boarded Shawnee and sailed to the canal. There they engaged the steamer D. F. Rose to tow Toledo…