Standard & Poor has raised the long-term rating on the Cleveland- Cuyahoga County Port Authority’s development revenue bonds to ‘BBB+.The outlook is stable. In September, Standard & Poor’s upgraded the rating to BBB/Stable. The Port has…
Iberdrola chooses Areva Wind as preferred supplier for its Wikinger Offshore Wind Farm in German waters.Under the terms of the agreement, with construction scheduled for 2016 and 2017, Areva Wind will support Iberdrola on foundation and tower design optimization…
NEW YORK - The Coast Guard is responding to a report of a motor tanker running aground on the Hudson River near Stuyvesant, N.Y.Coast Guard Sector New York was notified just after 9 a.m. that the 600-ft.motor tanker, Stena Primorsk, ran…
On Wednesday 2 January 2013, Fendercare Marine will launch a new division, Fendercare Marine Equipment and Lifting Services, located at their Great Yarmouth base. Fendercare Marine opened its energy support base in Great Yarmouth in July 2012…
‘Clean Sky’ design Kamsarmax project moves industry far beyond the concept stage for gas powered bulk carriers.Lloyd’s Register has provided approval in principle (AIP) for the new ‘Clean Sky’ bulk carrier design incorporating an LNG-as-fuel system…
The Bureau of Ocean Energy Management (BOEM) received an unsolicited request for a research lease in the Wind Energy Area (WEA) off Virginia identified for commercial wind leasing. The research would inform future renewable energy production within and around the WEA off Virginia…
Continued demand for iron ore, coal, and general cargo for the industrial and manufacturing sectors lifted the tonnage numbers along the Great Lakes-Seaway System to the positive column. For the period March 22 to November 30, year-to-date total cargo shipments were 34…
Crowley Maritime Corporation has announced additional organizational realignments within its shipping and logistics team effective Jan. 1, including the appointment of Nelly Yunta to vice president of sales, marketing and customer care, and…
Tsakos Energy Navigation Limited (TEN ) (NYSE: TNP) one of the largest independent ice-class owners in the world with 21 out of 51 vessels with ice-class capabilities has announced six-month time charters for three ice class tankers to a global…
Overall confidence levels in the shipping industry recovered slightly from their lowest level for over four years in the three months ended November 2012, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens…
Three leading exponents of improved risk management in ports and container handling facilities have published recommended safety standards for container yard equipment. TT Club, PEMA and ICHCA International have identified additional safety devices that can be implemented on yard equipment…
The International Chamber of Shipping (ICS) is calling upon EU maritime administrations to ensure that they are ready to issue passenger ships with the required insurance certificates in order that ships can comply with the EU Passenger Liability Regulation (PLR)…
The ever changing face of ship classification has received perhaps its biggest makeover yet, with the announcement this morning (December 20, 2012) that Norway’s Det Norke Veritas (DNV) and Germany’s Germanischer Lloyd (GL) have signed a deal to merge…
Russia’s Sevmash shipyard will float out a third 'Borey-class' strategic nuclear submarine, the 'Vladimir Monomakh' at year's end.The Borey class submarines are expected to form the core of Russia's strategic submarine fleet, replacing the…
Extended Adveto Compact Vessel Traffic System (CVTS) for Ghana Port Authority to be provided through True Heading of Stockholm.The new CVTS licenses for the ports of Tema and Takoradi represents an extension of the first AIS-order in 2011…
