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China to Participate in RIMPAC for First Time

May 06, 2014

U.S. Third Fleet Public Affairs informs that 47 ships, six submarines, more than 200 aircraft and altogether 25,000 personnel from 23 nations, will participate in the biennial Rim of the Pacific (RIMPAC) exercise scheduled June 26 to Aug. 1…

AAPA Remembers 'Tireless' Congressman James Oberstar

May 05, 2014

Following the recent passing of former Cong. James Oberstar, American Association of Port Authorities (AAPA) President and CEO Kurt Nagle described the past chair of the U.S. House Transportation and Infrastructure Committee as “A tireless proponent…

Former Congressman Jim Oberstar Passes Away

May 05, 2014

Congressman John Garamendi (D-Fairfield, Calif.), Ranking Member of the House Transportation and Infrastructure Committee’s Coast Guard and Maritime Transportation Committee, released the following statement marking the passing of former Congressman and Chairman of the Transportation Committee…

Multimodal Leaders to Discuss Freight Infrastructure

May 05, 2014

Trucking, rail and port panelists will explore the benefits of improving America’s intermodal freight transportation system.On May 13, American Association of Port Authorities (AAPA) President and CEO Kurt Nagle will join forces with CEOs representing trucking…

MARAD to Host National Maritime Strategy Symposium

May 05, 2014

On Tuesday, May 6, at 9 a.m. EDT, the Maritime Administration and the Marine Transportation System National Advisory Council will host the second National Maritime Strategy Symposium in Washington, D.C. Building upon the first Symposium held in January…

Petrobras: 12% Staff to Take Early-Retirement Plan

May 05, 2014

Brazil's state-run oil company Petroleo Brasileiro SA said on Monday it expects to save about 10 billion reais ($4.51 billion) by 2018 after one in eight employees agreed to quit under an early retirement plan.Petrobras, as the company is known…

Roosevelt Nmaed DPV Technical Sales Rep

May 05, 2014

Diamond Petroleum Ventures LLC (DPV), a thermal unit provider based in Lafayette, Louisiana, has appointed Em Roosevelt as technical sales representative. Roosevelt is responsible for direct sales and account management and will work toward…

DNV GL’s Carlsen Wins OTC Achievement Award

May 05, 2014

The award is in recognition of his “outstanding, significant and unique achievements, and extensive contributions” to the offshore industry, and is presented at the Annual OTC Dinner Sunday, May 4.Carl Arne Carlsen’s career highlights coincide with major developments in the offshore industry…

National Coast Guard Museum: Breaking Ground

May 05, 2014

With Coast Guard Cutter Eagle dressed overall as a backdrop, notables including Coast Guard Commandant Adm. Bob Papp, broke the ground for construction of the future National Coast Guard Museum.Connecticut Rep. Joe Courtney, Sen. Richard Blumenthal…

Galileo Navigation Satellite Project Update

May 04, 2014

Europe’s latest Galileo navigation satellite has arrived at the European Space Agency’s (ESA) technical centre in the Netherlands for testing, as the previous two satellites are prepared for shipping to French Guiana for launch this summer.ESA explains…

Veteran Energy Consultant Besland Joins AlixPartners

May 04, 2014

Business advisory firm, AlixPartners say that Louis Besland has joined the firm’s global Energy Practice as a managing director and will be based in the consultancy's Dubai office.AlixPartners add that Besland has deep experience in the worldwide oil…

Stefanos Kazantzis speaks about VLCC Asset Market Contango

May 04, 2014

Stefanos Kazantzis, Financial Advisor of McQuilling Services Marine in an interveiw discusses the recent upswing in VLCC asset prices and current developments in the asset markets. Excerpts:About Asset Contango:Asset Contango is a situation…

Cruise Ship Gets Stuck In Hudson River

May 04, 2014

A cruise ship returning to New York from the Caribbean with 4,500 passengers on board had to be towed into port on Sunday after getting stuck in the Hudson River, the U.S. Coast Guard said. The Norwegian Cruise Line ship was moored in the…

SNAME Calls for SPS Technical Papers

May 02, 2014

The Ship Production Symposium (SPS), hosted by the National Shipbuilding Research Program (NSRP) and the Society of Naval Architects and Marine Engineers (SNAME), and held in conjunction with the 2014 SNAME Maritime Convention (SMC), is an annual…

New IndraDrive CL/ML from Rexroth

May 02, 2014

Greater energy efficiency and safety increasingly determine the selection of electric drives, even at high levels of power. With its IndraDrive CL/ML, Bosch Rexroth now offers a scaled product range of strong drive solutions from 110 kW to 4 MW for applications in metal forming…

Logistics News

US Container Imports Decline in May as China Tariffs Take Hold

US Container Imports Decline in May as China Tariffs Take Hold

IMO: Global Shipping Industry Gearing Up For Net-Zero Transition

IMO: Global Shipping Industry Gearing Up For Net-Zero Transition

US Ethane Vessels Stalled After Export Licenses Requested

US Ethane Vessels Stalled After Export Licenses Requested

GAIL LNG Terminal Receives First Cargo During Monsoon Season

GAIL LNG Terminal Receives First Cargo During Monsoon Season

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