Mitsui O.S.K. Lines, Ltd. announced that MOL became the first overseas shipowner to sign a long-term iron ore transport contract with Jiangsu Shagang Group Co., Ltd. of China on October 19. MOL will transport iron ore from Australia and Brazil to Jiangsu Shagang…
Napa Ltd is continuing its research into the physics of a flooding vessel; this effort is part of Ship Flooding, a national research project on progressive flooding and damage stability of ships being conducted in Finland. The other partners are the Finnish Naval Research Institute…
1853-The English ship Western World grounded off Spring Lake, New Jersey, during a gale with about 600 persons on board. Everyone was rescued using equipment at the nearby station.1960-Early in the morning, SS Alcoa Corsair and SS Lorenzo…
1846 - Miss Lavinia Fanning Watson of Philadelphia christens the sloop-of-war Germantown, the first U.S. Navy ship sponsored by a woman. 1951 - First of seven detonations, Operation Buster-Jangle nuclear test.1962 - President John F…
Officials from the Port of Indiana-Jeffersonville and the U.S. Army Corps of Engineers will conduct a special briefing for the Ports of Indiana Commission on Oct. 22 at the Jeffersonville City Hall.The presentations will be part of the commission’s regularly scheduled public business meeting…
Over 70 Greek shipowners supported the Korean Register of Shipping’s (KR) 5th Hellenic Committee meeting held in Athens on October 15. Chaired by Adam Polemis, this important gathering meets annually to discuss KR’s performance and to guide…
Sullivan & Cromwell Partners reported on the October 16 decision from the U.S. Court of Appeals for the Second Circuit which overrules the controversial 2002 decision in Winter Storm Shipping, Ltd v. TPI. Winter Storm Shipping, Ltd v. TPI dealt…
Alu Design & Services announced that it has received its 10th contract from Maritime Montering AS, a global supplier of complete marine accommodation systems. This order is for YN 66 at STX Brevik for E.R. Schiffahrt, Germany. The cooperation…
Globe Wireless and Satlink announced the signing of a Marketing and Distribution Agreement which appoints Globe Wireless as a distributor of Satlink’s Inmarsat FleetBroadband 150 and 250 equipment. Globe Wireless has also made an initial substantial order of FleetBroadband units…
Steady growth in U.S. and international markets has prompted Paradox Marine to purchase a larger facility in Fort Lauderdale, Fla. The new location for the boat security systems supplier serves as its new Global Headquarters and houses its corporate administrative…
Mitsui O.S.K. Lines, Ltd. announced an agreement with China’s Baosteel Group Corporation to further strengthen the companies’ cooperative relationship. The agreement was reached at an October 13 meeting between MOL President Ashida and Baosteel…
Hamworthy has completed the acquisition of Krystallon Limited. Fluid handling systems supplier Hamworthy has acquired the company that pioneered gas scrubber development as a commercially viable alternative to costly low sulphur content distillates…
Tsakos Energy Navigation Limited (NYSE:TNP) announced a two year time-charter with profit sharing for the 2005-built suezmax tanker Euronike to an international oil major, an existing client of the company. The minimum revenue expected from this fixture is estimated at $15…
The New World Alliance (TNWA) carriers –APL, Hyundai Merchant Marine (HMM) and Mitsui OSK Lines (MOL) announced revised capacity and service plans for the Transatlantic trade. TNWA and Maersk Line have been exchanging space in the Transatlantic trade…
On October 19 2009 the Bulk Carrier De Xin Hai from the Peoples Republic of China was hijacked in the Indian Ocean, 350 nautical miles North East of the Seychelles and 700 nautical miles off the East coast of Somalia.An EU NAVFOR Maritime Patrol Aircraft…