People & Company News


Indian Oil Seeks Arctic Drilling Team-up

Aug 20, 2012

Indian oil intends to team up with Russia's Rosneft for oil exploration in the Barents & Kara Seas.ONGC, one of the largest oil and gas companies in Asia, has formally addressed Rosneft with a partnership offer in one of the latter’s Arctic hydrocarbon projects…

Cruise Ship Rescues 70 Off Alaska Coast

Aug 20, 2012

Holland America Line's 'Volendam' rescues 70 stranded sightseers in Glacier Bay, Alaska.While en route to Margerie Glacier in Glacier Bay, Alaska, Holland America Line's Volendam rescued 70 persons from a disabled sightseeing boat, having…

Engineering a Drysdale Business’ Future

Aug 20, 2012

Steve Kartsaklis has been working on engines for 25 years. He has stayed on in the industry because making engines work is part of his very being. His passion for the trade and satisfaction in a job well done was what he was looking for…

Shipping Crisis Pains – Mingle at SMM 2012 Suggested

Aug 20, 2012

To manage the crisis successfully SMM organizers advise providers to keep close to their customers as record bookings received.The European debt crisis; a weak US employment market; declining growth rates in emerging economies such as China…

GLDD Appoints New Senior Executive

Aug 20, 2012

Great Lakes Dredge & Dock Corporation (GLDD) appoint Bill Steckel Senior Vice President & Chief Financial Officer.Mr. Steckel brings nearly 30 years of financial and operating management experience in public and private companies. Bruce Biemeck…

Logistics Experts GAC Help Sharpen up 'The Blades'

Aug 20, 2012

'The Blades' is the nickname of UK soccer team Sheffield United, & logistics provider GAC has renewed sponsorship of the club.Since forming links with the Blades in 2009 GAC went on to become the Official Logistics Partner of Sheffield United…

ABB Controls Production Systems Aboard Giant FPSO

Aug 20, 2012

Floating Production Storage & Offloading ship uses ABB systems to control entire production from reservoir to wellhead to vessel.FPSO Peregrino, one of the biggest, most technologically advanced oil production ships in the world, was converted…

Landlocked Switzerland Employs Private Maritime Security

Aug 20, 2012

Swiss shipping operators confirm they employ armed security guards to protect their ships off Somalia & Gulf of Aden.Landlocked Switzerland plays a surprisingly prominent role in the commercial shipping scene. The Geneva-based Mediterranean Shipping Company operates 422 vessels…

Fatigue Afflicts US Navy LCS Crews

Aug 20, 2012

Head of Naval Surface Forces says officials looking closely at Littoral Combat Ship (LCS) manning in order to alleviate crew exhaustion.Recent disclosure of a closely held Navy study of LCS operations, indicated among the many issues identified…

China Shipyard Repairs Panama Canal Damaged Container Ship

Aug 20, 2012

German-owned 998-ft container ship 'Ilse Wulff' repaired in CIC Changxing Shipyard after touching bottom in the Panama Canal earlier in the year.Owners of the Ilse Wulff decided to combine the repair of bottom plating and a deformed propellor…

Rosneft Launches Environmentally Sensitive Pechora Sea Oil Search

Aug 20, 2012

A 3D CDP seismic survey covering 1,200 square km is being carried out by three field exploration parties from Yuzhmorgeologiya.Pechora Sea (Russian: Печо́рское мо́ре, or Pechorskoye More), is a sea at the northwest of Russia, the southeastern part of the Barents Sea…

Korean Dry Bulk Carrier Share Plunge Verified

Aug 19, 2012

A Singapore stock exhange error was at first suspected as shares in STX Pan Ocean Co. plunged 64%.The Singapore Exchange said there was no trading error behind the recent 64 percent plunge by shares of STX Pan Ocean Co. (STX), South Korea’s biggest dry-bulk carrier…

Polar Expedition Vessel the Sunken 'S.S. Terra Nova' Discovered

Aug 19, 2012

Schmidt Ocean Institute’s flagship 'R/V Falkor' locates the wreck of historic exploration ship off the coast of Greenland.During routine functional performance testing of the mutibeam mapping echosounders on the Schmidt Ocean Institute’s flagship R/V Falkor…

Titanic Historical Collection on iPad

Aug 19, 2012

BiblioBoard offers 'Titanic: A Historical Collection' with  50+ books, images and articles to read on the iPad.Titanic: A Historical Collection offers early accounts of the Titanic sinking, works by and about Titanic passengers and more documents about the Titanic tragedy…

Greene Named VP at TOTE, Inc.

Aug 17, 2012

Retired Rear Admiral, U.S. Navy, Philip H. Greene, Jr., has been named vice president of TOTE, Inc. Greene will join TOTE, Inc. in early September 2012, leading efforts to further serve government and military accounts in the organization’s maritime…

Current News

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Maersk Raises Full-Year Profit Forecast

World’s First Green Ammonia Bunkering Operation Completed in Dalian

PIL Celebrates Singapore's Independence Anniversary

Subscribe for Maritime Logistics Professional E‑News