NTSB investigating allision between oil tanker and San Francisco-Oakland Bay Bridge. The National Transportation Safety Board today announced it is investigating an allision Monday between the oil tanker Overseas Reymar and one of the supports of the San Francisco-Oakland Bay Bridge…
Robert Barker is promoted to Senior Vice President and Chief Information Officer, Ingram Barge Company.“Robert has been managing operations, budgets, and varied technological projects of the Information Services group since joining Ingram in 2010…
In his New Year message, Mitsui O.S.K. Lines President Muto predicts loss in 2013 of same magnitude as last year, suggests new business model.Excerpts from Mr. Muto's message follow:'The marine transport industry has faced a challenging…
BP Plc confirms an order for 13 of the vessels, 2012’s largest tankship shipbuilding order.According to information obtained by Bloomberg the order, placed with Changwon, South Korea's STX Offshore & Shipbuilding Company, includes three Suezmax ships…
Effective Shutdown of Nation’s Busiest Water Transportation Artery Looms Between Early- to Mid-January. The American Waterways Operators (AWO) and Waterways Council, Inc. (WCI) have released revised data on the economic impact of an effective…
Low freight rates and a challenging market are concerns for ship managers as they begin 2013. A survey of members of InterManager, the international trade association for the ship and crew management industry, has identified the main concerns affecting the industry as it begins the New Year…
The very large crude oil carrier (VLCC) 'Takamatsu Maru' has arrived at the Kawasaki refinery of TonenGeneral Sekiyu K.K.The 158,000 dwt tankship was chartered by TonenGeneral Sekiyu K.K. from NYK Lines, after the company purchased virtually all of Exxon Mobil Corporation’s Japan business…
Bahri subsidiary, National Chemical Carriers Ltd., cancels contract for chemical tanker (NCC Bader) due to the delay in terms of delivery.The National Shipping Company of Saudi Arabia (Bahri) announces that its 80% owned subsidiary company National Chemical Carriers Ltd…
The Coast Guard is continuing to oversee the response to a motor tanker that suffered a hull breach to their ballast tank on the Hudson River near Stuyvesant, N.Y. Thursday.Coast Guard Sector New York was notified Thursday that the 600-foot motor tanker…
Tsakos Energy Navigation Limited (TEN ) (NYSE: TNP) one of the largest independent ice-class owners in the world with 21 out of 51 vessels with ice-class capabilities has announced six-month time charters for three ice class tankers to a global…
Construction starts on the second of two Aframax tankers for SeaRiver Maritime, Inc., Exxon Mobil Corporation’s U.S. marine affiliate. The construction of the two tankers, valued at $400 million, will create more than 1,000 jobs.A small…
Award to be presented March 20, 2013 at the conclusion of the CMA's Shipping 2013 Annual Conference and Exposition. Mr. Peter Evensen, President and Chief Executive Officer (CEO) of Teekay Corporation (Teekay) has been named as the Connecticut…
ExxonMobil’s 'Outlook for Energy' forecasts new opportunities for international trade and economic growth.The global energy landscape will evolve significantly as regional demand-and-supply patterns shift in the coming decades, creating…
Scorpio Tankers Inc executes options with Korean shipyards Hyundai Mipo Dockyard & signs intent with SPP Shipbuilding Co.Two MR product tankships are to be built by Hyundai Mipo anf four with SPP Shipbuilding. The six newbuildings are scheduled…
In his acceptance speech Admiral Efthimios E. Mitropoulis is critical as he accepts the IMO International Maritime Prize.The popular Admiral (known as EEM) made the speech at the recent ceremony awarding him the IMO Maritime Prize for 2011 at MO Headquarters…