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Great Lakes Freeze Cost Economy $705m, 3,800 Jobs

Jan 06, 2015

The seemingly glacial ice that brought shipping on the Great Lakes to a virtual standstill last winter cost the economy more than $700 million and nearly 4,000 jobs, the Lake Carriers’ Association (LCA) reported, promting the group to to call…

Transpetro CEO Extends Leave of Absence

Jan 06, 2015

Transpetro’s board of directors approved CEO José Sergio de Oliveira Machado’s request to extend unpaid leave to January 21, 2015. The decision was made at a meeting held on January 5, 2015, Petrobras announced. Cláudio Ribeiro Teixeira…

Port of Long Beach CEO Endorses Mediation Move

Jan 06, 2015

Federal mediators announced last night that they will assist in West Coast port contract talks, following a joint request from the International Longshore and Warehouse Union and the private terminal operators, the Pacific Maritime Association…

McDermott Yard in Mexico Now a Free Trade Zone

Jan 06, 2015

The Central Administration of Customs in Mexico has authorized McDermott International, Inc. to operate its Altamira fabrication facility near Tampico, Mexico as a free trade zone.  Located on the Gulf of Mexico coast and serving both PEMEX…

TOTE Inks LNG Supply Deal

Jan 06, 2015

Partnership represents the start of LNG adoption as a marine fuel in the United States. Pivotal LNG, Inc., a wholly owned subsidiary of AGL Resources Inc., and WesPac Midstream LLC have signed a long-term agreement with TOTE, Inc. to provide…

Sea Hawk Paints Names Detmer as COO

Jan 06, 2015

Mike Detmer has been appointed to the position of chief operating officer at New Nautical Coatings, Inc.  Based at the company’s headquarters in Clearwater, Fla., Detmer will report to Erik Norrie, co-founder and chief executive officer at Sea Hawk Paints…

Nautisk Opens Aberdeen Office

Jan 06, 2015

Global chart distributor Nautisk has opened a new office in Aberdeen. Peter J. Pran, Nautisk Head of Global Sales, said the new headquarters will build on Nautisk’s offering to the oil and gas sector in Norway, as well as offering a link to customers operating in the U…

U.S. Coast Guardsman Guilty of Assault

Jan 06, 2015

Coast Guard Petty Officer convicted, sentenced in assault case.A Coast Guardsman was sentenced by military judge to five months confinement and a bad conduct discharge for assault in a special court martial at the Coast Guard 9th District in Cleveland…

EU Speaks out on Migrant Smuggling

Jan 06, 2015

EC Commissioner Dimitris Avramopoulos weighs in on the smuggling of migrants in cargo ships:With regard to the recent events of the smuggling of migrants in the Ezadeen and Blue Sky M cargo ships to Italy, Dimitris Avramopoulos, Commissioner for Migration…

Federal Mediators Weigh in on Longshore Dispute

Jan 06, 2015

FMCS Statement on Labor Negotiations Between the International Longshore and Warehouse Union (ILWU) And the Pacific Maritime Association (PMA):Allison Beck, Acting Director of the U.S. Federal Mediation and Conciliation Service, issued the…

Singapore: Maritime Firms Opting for Foreigners

Jan 06, 2015

Singapore’s perceived shortage of qualified, competitive maritime staff has come more evident, as  foreign applicants often pip Singaporeans. A report from The Straits Times says that employers in the maritime sector say that foreign applicants…

Nigeria, Turkey to Partner on Shipbuilding

Jan 06, 2015

The Nigerian Ship owners’ Association (NISA) and Turkish Shipowners’ Association (TUSA) has flagged off a working rela­tionship to develop water transpor­tation and ship yards, in the Nigeria maritime sector. The Nigerian Shipowners’ Association (NISA)…

Dorian LPG Acquires the "Corvette"

Jan 06, 2015

Dorian LPG Ltd. reported that on January 2nd it took delivery of the ECO VLGC 'Corvette' from Hyundai Heavy Industries. 'Corvette', Dorian's third newbuilding delivery, will initially trade in the spot market and is the first of 15 deliveries that the Company expects in 2015.

Full Steam Ahead for Navy's Science

Jan 06, 2015

The Office of Naval Research (ONR) has begun a new era, as Rear Adm. Mathias W. Winter-a decorated aviator with advanced degrees in both computer science and national resource strategy-was sworn in as the chief of naval research (CNR). Winter officially took the helm of ONR…

SignalFire Open Architecture Remote Sensing System™ Interfaces

Jan 06, 2015

Tank level monitoring is a common wireless application used in upstream pumping, oil and gas, wastewater, agriculture and other industrial applications to eliminate run-outs and overflows while optimizing and ensuring the integrity of operations…

Logistics News

Port of Oakland Moves 174,239 TEUs in November as Exports Increase

Port of Oakland Moves 174,239 TEUs in November as Exports Increase

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

Oil Loading in Venezuela Crawls After New US Interceptions

Oil Loading in Venezuela Crawls After New US Interceptions

FMC Investigates Spain’s Restrictive Port Practices

FMC Investigates Spain’s Restrictive Port Practices

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India approves two new airlines to start operations after IndiGo's crisis
Vingroup shares fall on withdrawal of rail project, weighing Vietnam index
Due to sanctions, Russia has delayed its LNG production target of 100 millions tons per annum.