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Odfjell Buys Chemical Tankship

Apr 23, 2013

Odfjell buys long-term chartered vessel 'MT Bow Engineer', a 30,086 dwt chemical tanker.Odfjell, a leading company in the global market for transportation and storage of bulk liquid chemicals, acids, edible oils and other special products…

USS Freedom Repainted with Amercoat

Apr 23, 2013

PPG Industries said the topsides of the USS Freedom, lead ship of the U.S Navy's littoral combat ships (LCS), have been repainted using AMERCOAT(R) 240 edge-retention epoxy and PSX(R) 700SG epoxy-polysiloxane coatings by PPG's protective and marine coatings (PMC) business…

OIS Names Earlam President

Apr 23, 2013

Offshore Installation Services (OIS), an Acteon company, appointed Mike Earlam as president.Based in the company’s Aberdeen office, Mike will be responsible for driving the development and growth of OIS and will play a key role in exploiting…

ABS Reports Continued Growth in 2012

Apr 23, 2013

ABS hosted its Annual Meeting in New York on April 23, 2013. ABS Chairman, Robert D. Somerville reported that, 'despite the uncertainties of the global economy and of the shipping and offshore markets, ABS turned in yet another record performance…

Rand Appoints Two Directors

Apr 23, 2013

Rand Logistics, Inc. announced that John Binion, most recently the Chief Operating Officer and Executive Vice President of United Maritime Group, has been appointed to Rand's Board of Directors. Rand also announced that Michael Lundin, who has…

International Bunkering Appoints Team Leader

Apr 23, 2013

International Bunkering Middle East DMCC promoted Ajay Menon to Senior Bunker/Lubricant Trader and Team Leader.“Mr. Menon has served our company diligently and loyally for more than seven years and has played  an important and driving role…

'Engine as a Weapon' Symposium Planned

Apr 23, 2013

Organised by the Institute of Marine Engineering, Science & Technology (IMarEST) the programme for the 5th Symposium is published.The symposium programme for the fifth 'Engine As A Weapon Symposium (EAAW V)', with its theme ‘Delivering Military…

TORM Product Tankship Deal With Oaktree Capital

Apr 23, 2013

Denmark's TORM agreed to sell five MR product tankers to a company controlled by Oaktree Capital Management as part of an earlier restructuring agreement.The sale is a consequence of the specific option rights, which one bank group exercised in connection with the Restructuring Agreement…

U.S. Military Biofuel Development Contract Placed

Apr 23, 2013

BioProcess Algae LLC awarded $6.4-Million U.S. Department of Energy grant to develop advanced drop-in biofuels for military jets & ships.BioProcess Algae LLC has been selected to receive a grant of up to $6.4 million from the U.S. Department of Energy (DOE)…

Deepwater Seabed Minerals Exploration Project

Apr 23, 2013

Keppel Corporation forms, Ocean Mineral Singapore Pte., to explore for polymetallic nodules several kilometres beneath the ocean's surface.Polymetallic nodules contain copper, nickel, cobalt and manganese, as well as rare earth minerals, and…

Valuable Maritime Services Contract Continuation for CDI

Apr 23, 2013

CDI Corp. gets a new U.S. Navy SEAPORT task order to continue to provide watercraft engineering & marine services for the Naval Surface Warfare Center.The watercraft engineering and marine services contract is for the Naval Surface Warfare Center…

Unpaid Crew Wages: New Seacurus Insurance

Apr 23, 2013

Seacurus has launched a new insurance policy to indemnify seafarers in the event of the financial default of their employers.CrewSEACURE is a new insurance product now available to all employers of seafarers required to satisfy new regulatory…

Greek J/V to Acquire HSH Debtors' Fleet

Apr 23, 2013

Navios Maritime Holdings & Navios Maritime Acquisition Corp. in J/V sign LOI to buy 10 ships from debtors of HSH Nordbank.The new Joint Venture company, named Navios JV,  has executed a binding letter of intent to acquire ten vessels, composed…

Crime on Board: IMO Legal Committee Draft Guidelines

Apr 23, 2013

The Legal Committee of the International Maritime Organization (IMO), has drafted advice for masters of ships on preservation & collection of evidence.Draft guidelines on the preservation and collection of evidence following an allegation of a serious crime having taken place on board a ship…

Wreck Removal Costs More Nowadays

Apr 23, 2013

Insurers, Lloyd's of London, say in a new report that the cost of dealing with shipwrecks is rising as ships grow in size.The report, 'The challenges and implications of removing shipwrecks in the 21st century', warns that the cost of dealing…

Logistics News

DFC, Chubb Announce Additional Partners and Maritime Reinsurance Coverage

DFC, Chubb Announce Additional Partners and Maritime Reinsurance Coverage

Petronas-Chartered Tanker Passes Through Hormuz

Petronas-Chartered Tanker Passes Through Hormuz

Ukrainian Drones Sink Russian Cargo Vessel

Ukrainian Drones Sink Russian Cargo Vessel

Operations Begin at Jubail Container Terminal in Saudi Arabia

Operations Begin at Jubail Container Terminal in Saudi Arabia

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