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WWI U-Boat Propeller Returned to German Navy

Jun 16, 2015

A brass propeller from the first U-Boat to be sunk a century ago has been given back to the country it belongs to, the U.K. Maritime and Coastguard Agency (MCA) reported. The propeller from the German World War I submarine U-8 was handed…

North Sea Job Losses Raise Skills and Safety Concerns

Jun 16, 2015

Cost-cutting in Britain's North Sea oil and gas sector could lead to more acute skills shortages in future, industry experts have warned, with some expressing concerns that safety could be compromised. A plunge in crude prices over the last…

Kearsarge, 26th MEU Begin ARG Exercise

Jun 16, 2015

Sailors from the Kearsarge Amphibious Ready Group (KSGARG) and Marines assigned to the 26th Marine Expeditionary Unit (MEU) kicked off the KSGARG/MEU Exercise (ARGMEUEX) in the waters east of of the United States June 13.The KSGARG comprises Amphibious Squadron (PHIBRON) 4…

Oz, NZ ships Seize $700 mi in Narcotics

Jun 16, 2015

Maritime security operations by Australian and New Zealand frigates operating in the Middle East region during the past six weeks have seized almost a tonne of narcotics worth an estimated street value of $711 million. Royal Australian Navy Guided Missile Frigate…

Ocean Mineral Singapore Contract for Seabed Exploration

Jun 16, 2015

Ocean Mineral Singapore Pte Ltd (OMS) has entered into a 15-year exploration contract for polymetallic nodules at a site within the Clarion-Clipperton Fracture Zone of the Pacific Ocean with the International Seabed Authority (ISA). Sponsored by the Singapore Government…

DNV GL's P&A Guideline Could Save O&G $ 32 bln

Jun 16, 2015

The plugging and abandonment (P&A) of offshore wells represents a significant cost to operating companies and national authorities. On the Norwegian Continental Shelf (NCS) alone, the cost is estimated to be USD108bn (NOK1870bn) over the next 40 years…

Using Key Data to Remain Competitive

Jun 16, 2015

During a conference in Oslo, KVH CEO Martin Kits van Heyningen urged maritime operators to utilize big data in order to remain competitiveThe future competitiveness of the maritime industry will be affected by how rapidly shipping operators take advantage of big data…

IMO Adopts Regulations for Ships Using LNG

Jun 16, 2015

United Nations' International Maritime Organization (IMO) adopted globally binding regulations for ships using liquefied natural gas (LNG) as fuel.The IMO has just adopted a new international code of safety for ships using gases or other low-flashpoint fuels – the so-called IGF Code…

HAL’s ms Noordam Rescues 41 in Glacier Bay, Alaska

Jun 16, 2015

While in the vicinity of Jaw Point at Glacier Bay, Alaska, Holland America Line’s ms Noordam assisted 41 persons on a disabled sightseeing boat Wednesday, June 10. Noordam responded to a call for aid at approximately 12:35 p.m. local time to assist the 79-foot sightseeing vessel Baranof Wind…

Cargotec Bags Daewoo's Deck Machinery Order

Jun 16, 2015

MacGregor, part of Cargotec, has signed a major contract with Daewoo Shipbuilding & Marine Engineering Co Ltd in South Korea to supply a range of Hatlapa deck machinery for ten 172,600m3 liquefied natural gas (LNG) carriers. MacGregor will deliver electrically-driven deck machinery…

Cyprus Transport Ministry to call for tenders for Limassol Port

Jun 16, 2015

The government of Cyprus has changed the legal framework of the Cyprus Ports Authority (CPA), which will allow commercial operations at Limassol port to be privatised. The Cyprus  Ministry of Transport will call for tenders by the end of…

Arctic Drilling Protest Get Star Power from Jane Fonda and Rachel McAdams

Jun 16, 2015

Actors Jane Fonda and Rachel McAdams added their star power to protest against Shell’s plan to drill for oil in the Arctic. Both are opposed to Shell drilling in the Arctic. The duo made public appearance at a Greenpeace rally in Vancouver…

Capital Product Partners Tankers get Contracts

Jun 16, 2015

Capital Product Partners (CPP) has taken delivery of a new panamax containership, which will commence a five-year timecharter to CMA CGM. It also has won a timecharter from Cargill, and another two have had their charters to Capital Maritime extended…

Genco Shipping Baltic Trading Merger - Voting Next Month

Jun 16, 2015

Genco Shipping & Trading Limited and Baltic Trading Limited have declared July 17 the date for an annual meeting of the two companies, where shareholders will vote on their proposed merger. Genco will acquire NYSE-listed Baltic Trading in a stock-for-stock transaction…

Dorian LPG took Delivery of the Cougar

Jun 16, 2015

US-headquartered owner and operator of modern Very Large Gas Carriers (VLGC) Dorian LPG   took delivery of the ECO VLGC Cougar from Hyundai Samho Heavy Industries.  Cougar, Dorian LPG's fourth newbuilding delivery, will initially trade in the spot market through the Helios Pool…

Logistics News

Bulk Carrier on Fire After Russian Attack

Bulk Carrier on Fire After Russian Attack

Brazil to Auction Santos Container Terminal in Early March

Brazil to Auction Santos Container Terminal in Early March

California Ports Elect Dr. Noel Hacegaba as New President

California Ports Elect Dr. Noel Hacegaba as New President

IMO Challenged Over Livestock Carrier Regulations

IMO Challenged Over Livestock Carrier Regulations

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