As part of our 2013 year‐end fundraising efforts, PortSide NewYork will be running “Operation This Old Ship Kitchen,” a campaign to renovate the galley on the MARY A. WHALEN. The MARY A. WHALEN is a coastal oil tanker 172’ long, 75 years old this year…
Prices 8.13 Mln Public Share Sale at Discounted $8/Share Nordic American Tanker (NAT) opened this morning on the stock exchange down more than 10% (Down $0.85 to $8.025/share in late morning trading) after saying it has priced a 8.13 million public offering at $8 per share…
On the occasion of the World LNG Summit held in Paris on November 18-21, 2013, GTT was awarded the LNG Technological Innovation Award 2013 by CWC for its work on the development of its membrane containment systems to reduce the daily Boil-Off in LNG Carrier tanks…
Robert Bugbee, President of Scorpio has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2014. The award will be presented March 19, 2014 at the conclusion of the CMA's Shipping 2014 Annual Conference and Exposition Mr…
Chemical Tanker safety comes into sharp focus in a new training course from leading maritime training provider Videotel Marine International.The newly-launched Advanced Chemical Tanker Course has been developed in conjunction with the Chemical Distribution Institute (CDI)…
Eleven years after laden tanker Prestige broke up and sank off the Spanish coast, spilling some 50,000 metric tons of oil in November 20012, the Master of the Prestige, Captain Mangouras, and the vessel’s Chief Engineer Nikolaos Argyropoulos…
The 'Nontank Vessel Response Plans and Other Response Plan Requirements' (NTVRP) final rule, which was published in the Federal Register on September 30, 2013, requires vessel owners or operators of nontank vessels 400 gross tons and above to…
Morten Engelstoft has been appointed CEO of Services & Other Shipping in Maersk. The appointment will have effect from January 1, 2014. In addition Morten Engelstoft will take over the position as CEO for Maersk Tankers, as Hanne B. Sørensen has been appointed CEO of Damco…
IMO’s Working Group on the Evaluation of Safety and Pollution Hazards of Chemicals (ESPH 19), meeting at IMO Headquarters from 21 to 25 October, 2013, has agreed to classify high-viscosity PIB (Polyisobutylene) as category X for carriage by ship…
Clay Maitland, Chairman of the North American Marine Environment Protection Association, announced that Morten Arntzen will moderate the Risk Management panel at this year’s North American World Maritime Day Observance being held on October 30th aboard the Hornblower Infinity in New York…
Heidmar’s Board of Directors. reacted swiftly to the untimely death of CEO Marc La Monte, appointing Ben Ognibene to the position of interim Chief Executive Officer.Ognibene became Heidmar’s COO in July 2013. That promotion followed a long…
Marc La Monte - 1963-2013 Heidmar reported the unexpected passing of Marc La Monte of Wilton, Connecticut.Mr. La Monte passed away while on a business flight in Europe on the morning of October 14th.La Monte was a widely respected member of the international shipping industry for 27 years…
Vessel traffic on the Mississippi River returned to normal Sunday as the remnants of Tropical Storm Karen dissipated. U.S. Coast Guard officials rescinded all restrictions on the River and area waterways about midnight, allowing vessels and mariners to resume normal operations…
Cargo operations at Port of New Orleans terminals continued uninterrupted today, despite the closure of Southwest Pass at the mouth of the Mississippi River in anticipation of affects from Tropical Storm Karen.“The entire Port community…
Vijay Kamath, Senior Vice President and Chief Commercial Officer (CCO) at First Ship Lease Trust (FSL Trust), will depart the company October 4, 2013 to pursue other career opportunities.Mr. Kamath was responsible for new business development…