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EU Supports 'Blue Growth': Sustainable Management of Sea & Coasts

Mar 14, 2013

The European Commission launch a proposal to improve the planning of maritime activities at sea and the management of coastal areas.The proposal – which takes the form of a draft directive – aims to establish a common European framework for…

Boskalis 2012 Revenue Up, Profits Slightly Down

Mar 14, 2013

Royal Boskalis Westminster N.V. (Boskalis) publishes theirl financial report for 2012.Highlights of 2012·         Record revenue of EUR 3.1 billion·         Record order book of EUR 4.1 billion·         Net profit of EUR 250 million·…

Russian Navy 8-year Expansion Program

Mar 14, 2013

Russia will get 78 warships in total by the end of 2020 according to Minister of Defense Sergey Shoigu.In the frame of the program Russian Navy will receive 8 strategic nuclear-powered submarines, 16 general purpose submarines and 54 surface warships of varied classes…

China COSCO to Sell Subsidiary to China Ocean Shipping

Mar 14, 2013

China Cosco plans to sell Cosco Logistics to state-backed parent company China Ocean Shipping. The unit may be valued at about seven billion yuan, and the company is also considering selling other assests to China Ocean to raise as much as an additional 20-billion yuan…

BC Ferries Captain Awarded Medal

Mar 14, 2013

Captain Mike Carter has been honoured with the Queen’s Diamond Jubilee Medal for contribution to Canada's ferry industry.The award was presented by Lieutenant Governor of British Columbia, the Honourable Judith Guichon. Captain Carter has…

Treasure Hunters, Odyssey, Came Up Silver in 2012

Mar 14, 2013

Odyssey Marine Exploration reports financial results for the fourth quarter and year ended December 31, 2012.Fourth Quarter 2012 Financial and Operational Highlights Total revenue in the fourth quarter was $7.9 million as compared to $0…

Charter Change for Viking Supply Icebreakers

Mar 14, 2013

Existing charter contracts for AHTS icebreakers 'Tor Viking' and 'Balder Viking' not extended; other charter fixed.The vessels had since 1999/2000 been available to the Swedish Maritime Administration (SMA) every Q1 for icebreaking duties…

Breach of ISM Code: UK Court Imposes Hefty Fine

Mar 14, 2013

The Port State Control Officer observed personnel had accessed ballast water tanks without following proper preceedures.On the 19th June 2012, a Port State Control Inspector from the Maritime and Coastguard Agency (MCA) boarded the Panama registered vessel Terry Siete at Portland…

Offshore Accommodation Vessel Contract for Prosafe

Mar 13, 2013

Prosafe awarded a contract for its 'Regalia' vessel at the North Sea, Montrose Platform, of Talisman Sinopec Energy UK.The contract has been awarded following a competitive tendering process and is for a firm period of 450 days with on-site operations planned to commence late August 2014…

ABB Takes Stake in Tidal Power

Mar 13, 2013

ABB has led a $12 million investment in Scotrenewables Tidal Power, (of Scotland), a provider of tidal turbine systems.The funding is being used specifically to roll out a larger and more advanced tidal energy conversion system known as the SR2000…

Pipeline Fire, Bayou Perot, News Update

Mar 13, 2013

Responders prepare salvage, firefighting & pollution contingencies for a tug and barge that allided with a pipeline near Bayou Pero, south of New Orleans.The fire reportedly has reduced in size by approximately 30 percent, and there are no reports of oil in the water…

Shipyard Worker's Tugboat Economy Research Wins Prize

Mar 13, 2013

UK's A&P project engineer, Sally Watson, wins Ian Telfer Prize for her paper 'Reducing fuel usage & CO2 emissions from tug boat fleets: sea trials & theoretical modeling.The Ian Telfer Prize is awarded annually for the best paper published on the subject of the environment…

GE Power Conversion Comes Up Trumps in 'MSC Preziosa' Trials

Mar 13, 2013

'MSC Preziosa' successfully completes sea trials with its GE Power Conversion electrical power & propulsion system.Built from the STX yard in Saint-Nazaire, France, MSC Preziosa is the latest ship in MSC’s Fantasia-class and the 12th in the MSC fleet…

USMA & ILA Confirm Contract Agreement

Mar 13, 2013

Federal Mediation & Conciliation Service Director George H. Cohen on negotiations between United States Maritime Alliance & the International Longshoreman's Association.'I am extremely pleased to announce that today the parties have approved…

Grandweld Wins Crew Boat Contract

Mar 13, 2013

Grandweld Shipyards has been awarded a contract to build a 42M Aluminum Crew Boat for Maroos Shipping. Grandweld signed the deal with the renowned provider of integrated shipping, and marine services on the 10th March 2013. The contract…

Logistics News

Stolt-Nielsen Navigates Rising Uncertainty in 1Q26

Stolt-Nielsen Navigates Rising Uncertainty in 1Q26

Tanker Vessel Futures Fly High on Demand

Tanker Vessel Futures Fly High on Demand

Los Angeles Receives Funds for Maintenance

Los Angeles Receives Funds for Maintenance

Ethical Farming Ireland Objects to Pregnant Heifer Shipping

Ethical Farming Ireland Objects to Pregnant Heifer Shipping

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Southwest will fly wine free as an airline fee rises
Fuel costs are increasing, so airlines are reducing their prices and cutting back on their outlook.
US FAA fines American Southwest Airlines for alleged drug and alcohol violations