Here's the story so far ... European demand for containerized imports from China vanished as the continent melted down into a steaming pile of sovereign debt. Meanwhile, the ever-optimistic and market share protecting shipping lines continued to place orders for new ships.
Nikumaroro (previously known as Gardner Island) is a small coral atoll in the central Pacific Ocean situated just south of the Equator and just west of the 180th meridian. It lies in the Phoenix Island Chain and is part of the Republic of Kiribati.
Do you ever feel like the red-headed stepchild? After Sean Connaughton resigned last January/February due to the change in administration in Washinton D.C., the position of Administrator for the Maritime Administation (MARAD) was left unfilled for nearly a year.
Just about every boatyard uses the expression, “On time and on budget.” But in reality, how many major build or refit projects meet those criteria? Very, very few, if any. There is a plethora of factors working to prevent a project from coming in on time and on budget.
The U.S. Navy will install a swimmer interdiction security system at Naval Base Kitsap (NBK) Bangor, Washington, that will employ teams of security personnel and specially-trained marine mammals to protect waterside assets and sailors. This…
Fiber optics continues to provide a flexible enabling technology for many areas of future subsea oilfield development. The increasing demand on new sources of O&G, with most shallow water fields being mature, has driven the O&G industry into deep water and ultradeep water fields.