Genco Shipping & Trading Limited (NYSE:GNK) has reached an agreement to enter into a time charter for the Genco Claudius, a Capesize newbuilding, with Cargill International S.A. for 10.5 to 13.5 months at a rate of $36,000 per day, less a 5% third-party brokerage commission…
General Dynamics NASSCO, a wholly-owned subsidiary of General Dynamics (NYSE: GD), laid the keel of the fifth ship of its State-class product carriers. The ship will be named Evergreen State, the state nickname of Washington.NASSCO began constructing the future Evergreen State last May…
Imtech Marine Group (global technical services provider) has been commissioned to supply the entire “green” technical infrastructure on board Greenpeace’s new flagship Rainbow Warrior III. Together with a large number of other initiatives, this…
CG Railway, Inc., located in Mobile, Ala., operates the only rail vessel service in the United States market providing an alternate transportation mode between the U.S. and southern Mexico. Every four days, CG Railway provides a safe, fast…
Shipowner directors of the ‘A’ rated, 100 million GT North of England P&I club have decided on a 5% general premium increase for protection and indemnity (P&I) cover in 2010/11, reflecting the club’s continuing financial resilience. According…
The Great Lakes - St. Lawrence Seaway System announced the closing of the 2009 Navigation Season. Mariners are reminded that there is always a possibility that severe climatic conditions may occur during the closing period. Should this happen…
1953- Heavy rains in the Coquile, Coos, and Willamette River Valleys of western Oregon caused flooding of the lowland areas and isolation of some towns through the blocking of highways by slides and high water, necessitating the evacuation of families and livestock…
1890 - USS Maine, first American battleship, is launched.1922 - CDR Kenneth Whiting in a PT seaplane, makes first catapult launching from aircraft carrier, USS Langley, at anchor in the York River.1962 - USS Currituck (AV-7) rescues…
According to a Nov. 16 report from Forbes.com, shares in UK’s Offshore Hydrocarbon Mapping Plc rose 29 percent after the electromagnetic surveys provider to the oil and gas sector won a $2.5m contract and posts a full-year loss in line with market estimates.(Source: www.Forbes.com)
Less than 24 hours after Hurricane Ida reached the coast of La., trucks were leaving Tideland Signal’s factory loaded with solar powered marine beacons and fog signals desperately needed to mark the Gulf Coast’s vital offshore oil wells. Emergency spares…
The U.S. Coast Guard Navigation Center issued a Special Notice stating that its mailing address has changed. Mail sent to the previous address will not be delivered. The new mailing address is: US Coast Guard Navigation Center NAVCEN MS 7310 7323 Telegraph Road Alexandria…
The 580-ft barge La Princesa remains aground north of Sandbridge Pier in Virginia Beach. Titan Maritime, LLC, continues preparations for salvaging the vessel and will attempt to begin operations when weather and sea conditions permit.Members of the Coast Guard’s Atlantic Strike Team…
Keppel FELS Limited (Keppel FELS) has been awarded a bonus of $460,000 for delivering the KFELS B Class jackup rig, PV Drilling III, early to PetroVietnam Drilling & Well Services Corp (PV Drilling).Completed 1.5 months ahead of schedule…
AkzoNobel Chief Executive Hans Wijers recently added his name to ‘The Copenhagen Communiqué on Climate Change’ joining hundreds of other global business leaders who are calling on world leaders to close a deal on climate change when they meet in Copenhagen in December…
Gas and condensate have been discovered by Statoil in the Beta West prospect, 1.5 kilometres from the main Sleipner West reservoir.Resources in the find, which lies four kilometres west of Sleipner B, are currently estimated at 37-63 million…