Japanese trade minister Toshimitsu Motegi calls for early U.S. approval for exports to his country of liquefied natural gas (LNG).The Japanese minister made his request at a meeting with Acting Energy Secretary Daniel Poneman, stating that…
The United Nations Trust Fund for the Fight against Piracy approves projects in support of anti-piracy efforts in Somalia & other affected States in the region.Other affected States in the region, include Djibouti, Ethiopia, Kenya, Maldives and the Seychelles…
The following two contracts have been awarded by the U.S. Department of Defense.BAE Systems Norfolk Ship Repair, Norfolk, Va., is being awarded a $48,628,316 modification to previously awarded contract (N00024-10-C-4308) for the USS Laboon…
Indonesia’s ambitious plans for the new port of Tanjung Sauh seem not to regard Singapore's transhipment dominance.Singapore’s relentless cargo growth of 5.7% last year, up to 31.6 million TEU, indicates that it is still catering well to customers’ transshipment needs…
The U.S. Coast Guard's Engineering Analysis Board has identified factors associated with corrosion on the Coast Guard’s National Security Cutter 'Stratton'.The Engineering Analysis Board concluded that the unusual pattern of corrosion observed…
Creditors are expected to inject 800-billion Won (US$ 730-million) into STX Group during 2013, according to Yonhap News Agency.Creditors of STX Group will likely pump at least 800 billion won (US$730 million) into the troubled shipbuilding conglomerate in a bid to keep it afloat…
Northrop Grumman Corporation will appoint Andrew Tyler chief executive for the United Kingdom and Europe, effective July 1, 2013.In this new position, Tyler will play a leading role in supporting the company's current programmers, developing…
Under increasing pressure from competitors & the authorities, the Russian gas major is stepping up exploration & drilling in Arctic waters.A total of four wells were drilled and 3000 square km of 3D seismic mapping was conducted in the…
MAN Diesel & Turbo has signed a significant engine maintenance concept (EMC) agreement with German shipowner Rörd Braren covering 3 ships.MAN PrimeServ – MAN Diesel & Turbo’s after-sales service brand – recently agreed a closer, mutual cooperation…
Cape Fear federal pilot launches its first pilot boat and welcomes its latest customer, US Shipping Corp.After years of using a hired launch vessel for boarding ATB's, tugs and ships at the entrance to the Cape Fear River, the Cape Fear Federal Pilots recently launched its first pilot vessel…
Vard contracted by Island Offshore for the construction of an advanced offshore support vessel (OSV) of Rolls-Royce design. The value of the contract amounts to approximately NOK 400 million and delivery is scheduled from Vard Brevik in Norway in Q3-2014…
Ocean carriers cannot afford to operate services from Asia to Europe at rates which are between 25% and 30% lower than in January, says Drewry.Although the recent collapse of rates was excessive, it will not be reversed until carriers withdraw…
New American Wind Energy Association (AWEA) leadership takes helm with EDPR’s Gabriel Alonso chairing the board. Tom Kiernan to speak as incoming CEO.Generating a sense of electricity like the thousands of wind turbines in the region, the WINDPOWER 2013 Conference & Exhibition (May 5-8…
The Group achieved $9.7 million net profit on turnover of $733.0 million in Q1 2013, but shipyard & drybulk operations contributions down.In Q1 2013, turnover from shipyard operations decreased by 25.5% to $719.2 million from $965.9 million in Q1 2012…
Lifeboat hooks can be lethal, and their design is out of date and unsuitable to meet modern demands, according to serving seafarers whose views have been gathered by InterManager.Following a series of incidents and fatalities involving lifeboat hooks…
