According to the U.S. Energy Information Agency, one of the world’s oil transit choke-points is the Suez Canal, the Panama Canal being another. However, the recently announced Suez Canal expansion plans are more likely to cater for containership transits…
Four decades of remarkable progress – and the promise of more years of success – were celebrated at the 40th anniversary gala dinner of WISTA-UK, the founding body of the Women’s International Shipping & Trading Association.Leading personalities…
GAC Pindar has secured a three-year extension of its contract with the global Extreme Sailing Series™ to manage the complex worldwide shipping of the Series’ Extreme 40 boats, equipment and support materials.Andrew Pindar, Director of GAC Pindar…
The container leasing sector experienced another year of stellar growth in 2013 thanks to the continuing weakness of carrier financials, according to Drewry’s recently published Container Leasing report. And Drewry forecasts that this trend will continue…
Hornbeck Offshore Services, Inc. has announced its financial results for the second quarter ended June 30, 2014. Following are highlights for this period and excerpts from the Company's future outlook: 2Q2014 Upstream revenue and EBITDA…
Congressman John Garamendi (D-CA-03), Ranking Member of the House Transportation and Infrastructure’s Coast Guard and Maritime Transportation Subcommittee, informs ot the introduction of H.R. 5270, the 'Growing American Shipping Act', to strengthen the U…
The Shipping Professional Network London (SPNL) has released their full Future London report, an initiative that gathered the views and opinions of London’s young shipping professionals on what needs to be done for London to retain and improve its position as a global maritime capital…
Acting on a request from the central government in Iraq, a U.S. judge has signed an order telling the U.S. Marshals Service to seize a cargo of oil from Iraqi Kurdistan aboard a tanker off the coast of Texas, court filings showed early on Tuesday…
Aker Philadelphia Shipyard AKPS), a leading U.S. commercial shipyard constructing vessels for operation in the Jones Act market, has on July 25, 2014 purchased 1,465 shares in the Company on Oslo Axess at an average price of NOK 158.68 per share…
ABS announced it has been chosen to class the world's first compressed natural gas (CNG) carrier ordered by Pelayaran Bahtera Adhiguna, a subsidiary of Indonesia's state-owned power company Perusahaan Listrik Negara (PT PLN).The award for the precedent-setting ship…
Bollinger Shipyards, Inc., Lockport, Louisiana, announced the award of six additional USCG Sentinel Class Fast Response Cutters (FRCs).The U. S. Coast Guard (USCG) awarded a $255 million contract option to Bollinger Shipyards of Lockport…
A construction industry specialist with more than 40 years’ experience has joined Birkenhead-based fit-out contractor MPE Interiors.Phil Taylor, aged 59, will help drive MPE's wide-ranging work in three main sectors: maritime, commercial property and residential property…
Eastern Shipbuilding announced that on, Wednesday July 16, 2014, Harvey Gulf International Marine, Inc. (HGIM) and Eastern Shipbuilding Group, Inc. (ESG) entered into a contract to construct a new Robert Allan, LTD. (RAL) RAmpage 6400 Multipurpose…
Port of Boston is Vital Economic Engine and Job Generator for Region.The Port of Boston generated $4.6 billion in 2012 and more than 50,000 jobs are supported by the port, including more than 7,000 direct jobs, according to a report released by the Massachusetts Port Authority (Massport)…
Belco Technologies Corporation (BELCO), a wholly owned subsidiary of DuPont, has partnered with the Maersk Group to successfully demonstrate BELCO Marine Scrubber technology aboard the Maersk Tukang, a containership with max TEU Capacity of 8…