ExxonMobil Marine Lubricants and the Greek Group, a collection of likeminded Greek shipping families, celebrated a 50-year business partnership this summer, representing the oil company’s longest-running supply agreement with a Marine customer organization…
Crude Carriers Corp. (NYSE: CRU) announced that, at a special meeting of Crude shareholders held today in Piraeus, Greece, its shareholders have approved the proposal to adopt the merger agreement dated May 5, 2011 providing for theacquisition of Crude by Capital Product Partners L…
TE SubCom, a TE Connectivity Ltd. company, and Alcatel-Lucent announced an expansion to their joint maintenance program for submarine optical communication links throughout the Pacific basin. The Pacific End-to-End Maintenance Solution boosts…
Revolutionary Change in NOAA Nautical Chart Production Means More Products, Faster, for Maritime Use. NOAA's development of a new navigational chart processing system, designed to meet the changing needs of the maritime community, moves into initial limited production on September 21…
In January 2011, the first step taken by Tognum to establish a new global sales organisation came into force. The new organization is designed to improve the service and support provided for the company’s existing customers and above all to…
Expected result compares with $.57 per share for the 2010 third quarter, fueled by continued strong inland marine transportation and land-based diesel engine services markets. Kirby to announce 2011 third quarter results on Wednesday, October 26…
Bureau Veritas is extending its partnerships in the Russian shipping and offshore sector, focussing on High Arctic offshore projects. Bureau Veritas and the Russian Register are working together to provide basic design review for the Shtokman FPU for the two tenderers: SAIPEM…
On Monday September 26, the Chinese shipyard Jiangsu Yangzijiang Shipbuilding Ltd. will launch Yno YZJ2010-931, the first vessel of the ‘SUPER GREEN 8500’ type for Carisbrooke Shipping.With this vessel the yard is the first Chinese shipyard launching a vessel with a Groot Cross-Bow®…
Seafarers’ rights took a significant step forward after a “Declaration of Principles” agreement was signed which gives seafarers serving on Isle of Man-registered ships better living and employment conditions and pay. Formalizing years of hard work to protect seafarers’ interests…
Oil Spill Proceeds Of Settlement to Fund Projects and Restore Natural Resources Largest Oil Pollution Act Settlement in History of the Law. Federal, state and Bay-area officials announced a comprehensive civil settlement with the owners and operators of the M/V Cosco Busan…
Combining Project Management with Company Services and Equipment to Provide Complete Turnkey Marine SolutionsCrowley Maritime Corporation announced today the establishment of a new Project Solutions group that bundles company-wide capabilities…
Demonstration Aboard the Maersk Taurus Containership.Belco Technologies Corporation (BELCO), a wholly owned subsidiary of DuPont, headquartered in Parsippany, N.J., USA, has reached an agreement with A.P. Moller – Maersk, headquartered in Copenhagen…
ABS has signed an agreement with the Admiral Makarov State Maritime Academy (AMSMA) initiating a new cooperation between the two organisations. Based in St Petersburg, AMSMA has a total of nine faculties offering a wide array of marine…
U.S. ports reported upticks in tonnage during the normal summer slowdown period. The Seaway’s year-to-date total cargo shipments from March 22 to August 31 were 22 million metric tons, up 3.5 percent from the same period last year. “In addition to the cargo shipments increase…
Regulatory burdens, those here and now coming, translate into a tale of many acronyms. By Matthew Valcourt (taken from our September 2011 MarineNews print edition). • Defining the Burden The latest trend to further regulate vessel emissions…