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Australia LNG Bunkering Project Kicks Off

Oct 17, 2012

Det Norske Veritas (DNV) & nine key members of the Australian maritime, port and energy sectors have established the four-month study.The Joint Industry Project (JIP) is to facilitate the adoption of LNG fuelled vessels in Australian waters…

HII Women Shipbuilders' STEM Achievements Recognized

Oct 17, 2012

Ten HII shipbuilders recognized at 17th annual Women of Color STEM Conference for achievements in science, technology, engineering & math (STEM).Five award-winners represent the company's Ingalls Shipbuilding division, and five award winners…

Greek Owners Sell Bulker 'Clipper Grace'

Oct 16, 2012

Seanergy Maritime Holdings sell 'Clipper Grace', a 30,548 dwt Handysize drybulk vessel, built in 2007, at a gross price of US$11.25 million. The vessel was delivered to its new owners on October 15, 2012. The company will use the sale proceeds to reduce debt and for working capital purposes…

US Coast Guard Fishing Vessel Safety Examinations Now in Force

Oct 16, 2012

USCG's mandatory commercial fishing vessel safety examinations for those operating more than three miles from the territorial sea baseline take effect.This requirement, which affects commercial fishing fleets nationwide, comes as a result…

Taiwan Offshore Wind Farm Research Project

Oct 16, 2012

GL Garrad Hassan signs MOU with Taiwanese Industrial Technology Research Institute to develop Taiwan's offshore energy strategy.The offshore wind resource around the Taiwanese coast is considered excellent, with more than 6,000MW potential capacity at water depths of less than 50m…

US Navy Radar Jamming Contract for KOR Electronics

Oct 16, 2012

Mercury Computer Systems' subsidiary KOR Electronics gets a US Navy 5-year basic sole source orderiing agreement (BOA).This BOA supports the continued development of state-of-the-art techniques and target generation capabilities in conjunction…

MTU & Marina Barcelona 92 Sign Megayacht Agreement

Oct 16, 2012

MTU Friedrichshafen GmbH & Spanish repair shipyard Marina Barcelona 92 (MB92) agree cooperation on work and refit of MTU  yacht engines.The agreement establishes technical and commercial relationships between both parties to carry out…

LA Port Executive Ruiz Named to Federal Panel

Oct 16, 2012

Advisory Committee on Supply Chain Competitiveness to Recommend Ways to Increase U.S. Exports; First Meeting is Friday. Port of Los Angeles Deputy Executive Director for External Affairs Cynthia Ruiz has been named to the Advisory Committee on Supply Chain Competitiveness by Acting U…

John Kermet Promoted to COO at Seakeeper

Oct 16, 2012

John Kermet has been promoted to the position of chief operating officer at Seakeeper.  He previously served as VP of sales, marketing and service for the California, Maryland-based manufacturer of gyro stabilization systems.  Seakeeper co-founder and CEO Shep McKenney made the announcement…

Eni CEO Meets Rosneft CEO

Oct 16, 2012

Rosneft CEO Igor Sechin and Eni CEO Paolo Scaroni have met to discuss the progress of joint projects between the two companies offshore Russia in the Black Sea and Barents Sea, sanctioned in the strategic cooperation agreement signed on 25 April 2012…

KPI Bridge Oil appoints Risk Management Chief

Oct 16, 2012

KPI Bridge Oil, a global bunker broker and trader has appointed Mrs. Christel McLoughlin as Director of Risk Management products. Christel will be based at KPI Bridge Oil’s Headquarter in London.Christel McLoughlin who is a French national…

Jee Announces Expansion for UK Growth

Oct 16, 2012

Jee Ltd, an indepenedent multi-discipline engineering and training firm, has announced further plans for expansion to accommodate the company’s growth strategy and the creation of 150 new jobs in the UK.The company which provides a complete…

Port Executive Program Welcomes New Members

Oct 16, 2012

The CPE Certified Port Executive Program welcomed four new graduates at the completion of their program in Ottawa September 21, 2012. Receiving certificates were:   Jean-Claude Dugas, Vice President Finance, Logistec Corporation…

Bank Considers EEDI When Making Ship Finance Decisions

Oct 16, 2012

The German KfW IPEX-Bank evaluates energy efficiency of its merchant shipping portfolio, sees EEDI a key indicator of economic advantage.KfW IPEX-Bank, one of the largest ship financing banks in the world, has evaluated together with FutureShip…

Greek Ferries Chartered Out to Ease Cash Flow

Oct 16, 2012

Several Greek coastal shipping firms have resorted to chartering their ferries on foreign routes in order to secure some liquidity and continue operating.Companies believe that their smooth operation is being threatened by the negative course…

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 Ceyhan pipeline in Turkey will resume exports of Iraqi goods on Wednesday or Friday
Germany scraps gas storage tax