People & Company News


NMC Reformats Deck & Engine Examination Guide

Jul 21, 2011

The National Maritime Center (NMC) has posted a new format of the Deck & Engine Examination Guide on its website. The examination guide has been rewritten to contain information pertinent to USCG administered credential examinations for deck and engine endorsements and associated regulations…

Drewry to Launch World Container Index

Jul 18, 2011

Drewry Shipping Consultants and The Cleartrade Exchange have announced that the World Container Index (WCI), the first Europe-based assessment of container freight rates and index production, is scheduled for launch in September 2011.The…

MLL to Support Military Sealift Command Ships

Jul 18, 2011

Maersk Line, Limited (MLL) has been awarded a multi-year contract for the operation and maintenance of five container and rollon/roll-off ships in support of the Military Sealift Command’s (MSC) and the Marine Corps Prepositioning Program.These “Bobo-class” vessels…

Germanischer Lloyd Appoints Nikeel Idnani

Jul 18, 2011

Germanischer Lloyd has appointed Nikeel Idnani as Business Development Manager for the Area Middle East / Africa, based in Dubai. Idnani has been in Dubai for eight years and brings with him Sales and Marketing experience from the ship repair…

Report: OMERS to Buy V. Ships

Jul 15, 2011

According to a report posted on Reuters, Canadian pension fund Ontario Municipal Employees Retirement Scheme (OMERS) is reportedly set to buy V. Ships, one of the world's biggest ship managers, for about $500m. (Source: Reuters)

Group Eyes Davie Yard

Jul 15, 2011

According to a report on CanadianBusiness.com, SNC-Lavalin formed a joint venture with prospective new buyers of Davie Yards in order to bid on federal shipbuilding contracts.Davie has been in creditor protection since February 2010, according to the site…

New Maritime Training Facility in Florida

Jul 14, 2011

Florida has a new facility to develop and train Merchant Mariners. Florida Maritime Training Academy has submitted Basic Safety Training and Able Bodied Seaman courses to USCG National Maritime Center (NMC) for approval and expects to hold classes in the Fall of 2011…

Roden Joins Fairbanks Morse Engine

Jul 14, 2011

Fairbanks Morse Engine, an EnPro Industries (NYSE: NPO) company, announced that Paul Roden has joined the company as Vice President, Washington Operations. In this new role he will represent the company in discussions with Congress and with shipyards…

Transas GMDSS Simulator Installed in Australian Maritime College

Jul 14, 2011

An installation of Transas GMDSS Simulator TGS 5000 has been completed in the Australian Maritime College (Launceston). Supplied, installed and supported by Transas partner Electrotech Australia, the system provides flexible teaching arrangements…

OPT Announces 4Q Results

Jul 14, 2011

Ocean Power Technologies, Inc. (Nasdaq: OPTT) announced financial results for its fiscal fourth quarter and year ended April 30, 2011.• Contract backlog increased to a record $8.9 million as of April 30, 2011. This reflects $10.3 million of new orders brought in during fiscal year 2011…

Jamaica Maritime Authority Moves

Jul 14, 2011

The Maritime Authority of Jamaica has a new head office - right on the waterfront in Kingston. Customers of the MAJ and Jamaica Flag Registry are set to benefit from the new location which is also closer to the Maritime Training Institute and only seven minutes from the Port of Kingston…

Excel Cancels Four Shipbuilding Contracts

Jul 13, 2011

Excel Maritime Carriers Ltd, an owner and operator of dry bulk carriers and provider of transportation services for dry bulk cargoes, announced the cancellation of four shipbuilding contracts for the construction of four bulk carrier vessels of 180…

Box Ships Acquires MSC Emma

Jul 13, 2011

Box Ships Inc., a shipping company specializing in the transportation of containers, announced today that it has entered into an agreement with an unaffiliated third party to purchase the MSC Emma, a 5,060 TEU Panamax containership built in 2004 at the Hanjin Heavy Industries shipyard in Korea…

Lloyd's Register Appoints James Fernie

Jul 13, 2011

James D. Fernie has been appointed to the position of Business Development Manager, Gulf Coast Area for Lloyd’s Register North America, Inc., based in Houston. Fernie has held senior positions with ConocoPhillips, BG LNG Services and Marathon Oil…

Ingram to sell its Materials Unit

Jul 12, 2011

Ingram Industries Inc. of Nashville, Tennessee, and Pine Bluff Sand and Gravel Co. of Pine Bluff, Arkansas, announced today they have entered into an agreement for Ingram to sell its Ingram Materials LLC subsidiary to Pine Bluff. Ingram Materials…

Current News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

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