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Horizon Delivers 2 Towboats to FMT

Dec 07, 2014

Horizon Shipbuilding Inc. recently delivered two towboats to Florida Marine Transporters. The towboats are the 120’ GIANNA HULL and the 80’ JOHN COX.This is the third vessel Horizon has delivered to Florida Marine Transporters this year…

Allen Naugle Joins HMS Global Maritime

Dec 07, 2014

HMS Global Maritime welcomed Allen Naugle as the Director of Safety, Quality and Environment as of December 1, 2014. He will be headquartered in the HMS Global Maritime Corporate office in New Albany, IN. Allen brings 28 years of engineering and leadership experience to the team…

EUCAP Nestor Head of Mission visits Seychelles

Dec 07, 2014

On 4 and 5 December, EUCAP Nestor Head of Mission, Etienne de Poncins, visited EUCAP Nestor’s Country Office in the Seychelles. During his visit, he met several high officials to discuss the way ahead for the exemplary and successful cooperation between the Seychelles and the Mission…

Terminal Expansion at Galveston Port to be Feted

Dec 07, 2014

On Tuesday, December 9, 2014 at 4 p.m., the Port of Galveston along with Moody National Bank, Texas First Bank, Hometown Bank and Webber L.L.C. will celebrate the expansion of Cruise terminal 2. The ceremony will take place at the Port of…

Concern Over Wages Despite Positive MLC Enforcement

Dec 07, 2014

Specialist marine insurance intermediary Seacurus says that overall confidence in the successful implementation of the Maritime Labour Convention 2006 (MLC) should not conceal the fact that there is continuing concern over the risk of abandonment and the timely payment of crew wages…

West Coast Port Slowdown Won't halt Holiday Goods

Dec 07, 2014

With most holiday merchandise safely in the country despite significant congestion impacting West Coast ports, import cargo volume at the nation’s major retail container ports is expected to continue to slow down this month, according to…

Lower Oil Prices Start to Pinch Oklahoma State Revenues

Dec 06, 2014

The plunge in oil prices is starting to hurt Oklahoma's energy-related revenues and if the price remains low, could hit income and sales tax revenues if energy workers have less money to spend, the state's treasurer said on Friday.The…

Turkish PM Calls for Deal with Greek Cypriots Over Energy Deposits

Dec 06, 2014

Turkish Prime Minister Ahmet Davutoglu called on Friday for an agreement over exploiting hydrocarbon deposits in the eastern Mediterranean, an issue that caused the breakdown of peace talks between Greek and Turkish Cypriots in October.Greek…

Ukraine Sends $378 mln Prepayment for Russian Gas

Dec 06, 2014

Ukraine's state energy firm Naftogaz said on Friday it had transferred a prepayment of $378 million to Russia's Gazprom to buy Russian gas for December, paving the way for the first shipments since Moscow cut supplies in June.In line with a deal signed by Naftogaz and Gazprom in October…

USCG Saves Vessel near Provincetown, Massachusetts

Dec 06, 2014

A Coast Guard crew from Station Point Allerton, Massachusetts, assisted a disabled clam boat 11 miles northwest of Provincetown, Massachusetts, Friday.At about 8:30 p.m., Thursday, the four-person crew aboard the 40-foot Angel Fisher…

Sen. McCain Vows Jones Act will be Repealed

Dec 06, 2014

Senator John McCain said a more than 90-year-old law that requires ships servicing coastal businesses to be built and mostly staffed by U.S. crews will be repealed sooner or later if lawmakers keep fighting the trade restriction.Oil refiners…

Oil Pushes Lower, Undeterred by Bullish Jobs Report

Dec 06, 2014

U.S. crude oil closed at its lowest since July 2009 on Friday as Brent averaged below $70 a barrel in the week for the first time since 2010, as strong U.S. employment data did little to lift the oil market's bearish mood.Both contracts…

73rd Anniversary of Pearl Harbor Attack

Dec 06, 2014

Dec. 7, 1941 is a day that America will never forget. Claiming more than 2,400 American lives, 21 ships sunk or damaged, and more than 300 aircraft lost, the attack on Pearl Harbor goes down as one of the worst attacks on American soil.The Japanese attack came in two waves…

Zamakona Yards Join Forces with GS Hydro

Dec 06, 2014

Zamakona Yards signed a collaboration agreement with finish Multinational GS Hydro. The agreement, with an initial duration of two years, will include hydraulic services in the already extensive range of services offered by the Zamakona Yards group in the Canary Islands…

Rosneft Help Find Missing Population of Reindeer

Dec 06, 2014

The scientists of Siberian Federal University with the support of Rosneft found a missing population of Evenki wild reindeer. It became possible through implementation of the “Evenki reindeer” project, realized jointly with East-Siberian…

Logistics News

Port of Los Angeles Handles Over 1 Million TEUs in October

Port of Los Angeles Handles Over 1 Million TEUs in October

Houthis Attack Saudi Oil Pipeline Pumping Station

Houthis Attack Saudi Oil Pipeline Pumping Station

EU Wheat Drops as Focus Shifts to Ukrainian War, Argentinian Exports

EU Wheat Drops as Focus Shifts to Ukrainian War, Argentinian Exports

White House to Extend Jones Act Shipping Waiver

White House to Extend Jones Act Shipping Waiver

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