Latest News - page 2290

 

Insights: H. Elder Brown, Jr.

Jan 17, 2013

Chairman of the Board of Directors, Fidelis Group Holdings LLC and Continental Underwriters, Ltd. For those in the marine insurance and underwriting communities, H. Elder Brown, Jr. needs no introduction. That’s because over the course of the past 27 years…

Construction Commences on Innovative LNG Carrier

Jan 17, 2013

Mitsubishi Heavy Industries, Ltd. (MHI) recently commenced construction of the first ship in its “Sayaendo” Series, which it has developed as a new-generation liquefied natural gas (LNG) carrier, at the company’s Nagasaki Shipyard & Machinery Works…

EU Supported Study to look at PPP Solutions

Jan 17, 2013

The European Union will co-finance with over €700,000 from the TEN-T Program a study to assess the possibilities of using a Public-Private Partnership (PPP) scheme to finance the development of terminals and transfer systems at the Port of Venice…

TOTE ‘Walks the Walk’

Jan 17, 2013

Having sat in this chair for more than two decades, I must admit that I have become somewhat jaded in the sense that there are few developments which actually give me cause to pause. Of course there are the spectacular casualties that will never cease to amaze…

QE2 Set for Relaunch

Jan 17, 2013

Iconic cruise liner to be restored to the former splendor of her glory days after refurbishment into elegant five-star 500-room hotel. QE2 Dubai announced that MS Queen Elizabeth 2 - known popularly as QE2 - will be moved to Drydocks World…

Drewry's Dry Bulk Insight

Jan 17, 2013

Capesize difficulties countered by smaller vessel gains. Drewry Maritime Research’s latest Dry Bulk Insight report published in Januray highlights the changing fortunes of the market.December saw a large drop in the Drewry Hire Index…

Panamax Dry Bulker Delivered to STX Pan Ocean

Jan 17, 2013

STX Pan Ocean takes over the 83,000 dwt class Panamax, 'STX Horizon', its first new-build delivery of the year.Having concluded strategic contracts for long-term transportation with domestic and international shippers including POSCO, Hyundai-Steel…

New Container Ship Christened in Shanghai

Jan 17, 2013

OOCL celebrates the christening of 8,888 TEU container ship 'OOCL Miami' at the Changxing Island shipyard in Shanghai.OOCL Miami is the third of the eight 8,888 TEU vessels that OOCL commissioned Hudong-Zhonghua to build and the technological…

Trelleborg Acquires LNG Ship Safety Specialist

Jan 17, 2013

Trelleborg makes acquisition within the marine docking and mooring solutions business sector.Trelleborg has, through its business area Trelleborg Offshore & Construction, signed an agreement and finalized the acquisition of Sea Systems Technology Ltd…

Port of LA Breaks Ground on Intermodal Terminal

Jan 17, 2013

Port of Los Angeles breaks ground on US$137-million railyard that will increase on-dock rail efficiency, reduce congestion and improve environment.Los Angeles Mayor Antonio Villaraigosa and Port of Los Angeles officials broke ground on a new…

Windstar Cruises Completes Fleet Renovation

Jan 17, 2013

The small-ship luxury cruise line finishes its US$18million refurbishment program on all three of its sailing yachts.With the completion of Wind Spirit's dry dock  Windstar Cruises' $18 million fleet-wide renovation project is now finished…

Cruise Ship Internet Access Contract for O3b

Jan 16, 2013

O3b Networks contracted by Royal Caribbean Cruises Ltd, to provide high-speed satellite-delivered broadband service aboard 'Allure of the Seas'.The new contract will allow more than 8,000 guests, staff and crew members traveling the Caribbean…

Nuclear-powered Icebreaker to Bow Out

Jan 16, 2013

Russian icebreaker 'Rossiya' leaves Murmansk for the Gulf of Finland on probably her final voyage.The veteran icebreaker is heading for the Gulf of Finland travelling along the coast of Norway and through the narrow Øresund between Sweden and Denmark to the Gulf of Finaland…

New Class of Compact Tugboats Turning Heads

Jan 16, 2013

Originally conceived as a training vessel, the Robert Allan designed BRAtt has developed into a class of small but tough workboats.Adrenalin Marine Ltd. of Delta, B.C. was chosen as the licensed builder for all BRAtts in North America…

Piracy Dropped to a 5-year Global Low in 2012

Jan 16, 2013

Piracy on the world's seas at a five-year low, with 297 ships attacked in 2012, compared with 439 in 2011, according to the ICC global piracy report.Extracts from the International Chamber of Commerces (ICC) –  International Maritime Bureau…

Logistics News

Expeditors Shares Q2 Results Above Estimates Helped by Higher Freight Volumes

Expeditors Shares Q2 Results Above Estimates Helped by Higher Freight Volumes

Mitsui E&S Receives Vietnamese Order for 22 Container Cranes

Mitsui E&S Receives Vietnamese Order for 22 Container Cranes

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Ports Urge Congress to Reverse Infrastructure Funding Cuts

Ports Urge Congress to Reverse Infrastructure Funding Cuts

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Telecom Italia announces a 5% increase in core earnings for H1
The US high-grade firms are financing new M&As with less debt and more equity, but also cash.
Lufthansa cancels its plans to purchase a stake in Air Europa