A container shipping organisation urged companies on Monday to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU), corresponding to an increase of 14.2 percent from current levels, from Sept. 1.TSA (Transpacific Stabilization…
His Majesty the King has awarded the honorary title of Koninklijk (Royal) to IHC Merwede. In a special ceremony today, the Mayor of Sliedrecht, Mr van Hemmen, presented this accolade to IHC Merwede’s CEO, Bram Roelse. In light of this honour…
Container shipping lines have agreed to raise Asia-U.S. freight rates by $300 per 40-foot container (FEU) to west coast ports of the U.S. and by $400 to all other ports in the U.S from May 15.The increase was agreed by companies in the Transpacific…
Morgan City, Louisiana, shipbuilder and ship repairer Conrad Industries, has announced its fourth quarter and twelve months 2013 financial result, adding that it has acquired new business during the first quarter of 2014 totalling $67.3 million…
Former Port of New Orleans Board Chairman Francis E. “Hank” Lauricella has died at age 83.Gov. Mike Foster appointed Lauricella to the Board in April of 1997, and he served as Board Chairman from October 2001 until June of 2002. Prior to his service on the Port’s Board…
The Board of Commissioners of the Port of New Orleans mourns the passing of former Board Chairman Francis E. “Hank” Lauricella.Gov. Mike Foster appointed Mr. Lauricella to the Board in April of 1997 and he served as Board Chairman from October 2001 until June of 2002…
JR Gray Takes Delivery of 300’ 6,000 psf deck barge from Conrad Shipyard’s New Deepwater South facilityConrad Shipyards announced today the delivery od a 200’ x 100’ x 19’10” ABS-classed ocean deck barge to Gray Offshore. The barge, Julius…
Cummins Northwest says it has strengthened its marine presence and expertise recently by adding two new professional to its marine organization as follows:Geoff Conrad – Marine Director at Cummins Northwest informs that Mike Fourtner has…
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced $9.46 million to help improve 12 shipyards in 10 states. The grants, provided through the Small Shipyard Grant Program, foster efficiency and modernizations that…
The new NYK-TDG campus opens its doors to 180 students at its Calamba location (about 50 km south of Manila).Two ceremonies were held — an opening ceremony for the sparkling new crew training facilities, maritime academy, classrooms, and lodgings…
CIC Boluomiao Shipyard, Zhuhai, delivers 3 oil-spill response vessels to regional safety agency.The delivery ceremony of the oil spill emergency response vessels “GUANGZHOU SANJIANG 1”, “GUANGZHOU SANJIANG 3”, “GUANGZHOU SANJIANG 4” for Sanjiang…
US shipbuilder & repairer Conrad Industries, announces its first quarter 2013 results and backlog. For the quarter ended March 31, 2013, Conrad achieved net income of $5.9 million and earnings per diluted share of $0.99 compared to net income of $3…
Austal announce new strategic partnerships in the Asia-Pacific region to enhance its support to the US Navy & others in the region.Following on from the strategic partnership with Singapore’s Sembawang Shipyard Pte Ltd announced in January 2013…
President & CEO Mathews Pothen of Guam Shipyard advises its 280 workers they will not benefit by joining a union.Guam Shipyard employees are shortly to make an important decision for their future – either to remain status quo or to be represented…
The Finland PM is hopeful that a strong new owner can turn around the prospects of the cash-strapped Finnish shipyards.This past week, the South Korean parent company STX announced it plans to sell off the Rauma and Turku shipyards as well as its half-share in the Helsinki shipyard…
