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Greek Shipowners Costamare Public Stock Offering

Oct 15, 2012

Owners of container ships for chartering, Costamare Inc., plans to offer 7,000,000 shares of its common stock.Members of the Konstantakopoulos family, who in the aggregate own a majority of the common stock of the Company, have indicated their intention to purchase up to 700…

BAE Roll Out Giant UK Aircraft Carrier Module

Oct 15, 2012

In Glasgow, Scotland, workers moved out the biggest section of 'HMS Queen Elizabeth', the first of two new aircraft carriers for the Royal Navy.A team of 40 moved the 11,300 tonne aft section, known as Lower Block 04, across the specially…

Alps Wire Rope Mourns Loss of Randy Duenn

Oct 15, 2012

Randy Duenn Obituary:This past weekend a dear friend and colleague, Randy Duenn, ended his battle with Prostate Cancer by passing away quietly in his sleep. Randy spent most of his career in the wire rope business starting with UNA-Anchor Wire Rope as Warehouse Manager…

Spotlight on 'Training the Trainer'

Oct 15, 2012

Kongsberg Maritime simulation users gather to discuss key training topics.  Student assessment and instructor training were hot topics of discussion at this year’s Kongsberg Maritime European Simulation User Conference (UC), which took place in Tønsberg…

Falck Nutec Boost Management Team

Oct 15, 2012

International health and safety training specialist, Falck Nutec, has strengthened its UK management team with the appointment of two new directors.Allison Walker steps up to director of sales and marketing, Niel Rennie has been appointed…

IMCA Publishes ROV 2011 Global Statistics

Oct 15, 2012

Remotely operated vehicle (ROV) statistics for 2011 have been published by the International Marine Contractors Association (IMCA) as an information note (IMCA R 05/12).  The statistics, intended to record personnel and vehicle levels, are collected twice a year in February and August…

Admiralty Extends Training Campaign

Oct 15, 2012

The UK Hydrographic Office, under the Admiralty brand, has extended its global ECDIS training campaign, which offers qualified bridge officers around the world the opportunity to win generic ECDIS training, making a further 100 training places available…

New Head of Marine Business at Voith Turbo

Oct 15, 2012

Dr. Christian Strahberger (40) will take over the responsibility for the Business Division Marine of Voith Turbo.After studying physics in Regensburg, Colorado (USA) and Munich, Strahberger obtained a doctorate at the Walter Schottky Institute of TU Munich in 2001…

Japan's Fleet Inspected, PM Emphasizes New Role

Oct 15, 2012

Japanese Prime Minister Yoshihiko Noda emphasized the importance of Japan's Self-Defense Force (SDF) during his fleet inspection.PM Yoshihiko Noda considered that the role of the SDF is increasing following emerging territory issues.Forty…

China Shipyard Wins Multiple Container Ship Orders

Oct 15, 2012

Ship operators Bernhard Schulte & US banking institution JP Morgan have come together to order a series of medium-size boxships in China.Zhejiang Yangfan Group will construct up to eight 2,300 teu boxships for the pair in a four plus four option deal with deliveries scheduled in 2014 and 2015…

LNG-powered Viking Grace Re-defines Ferry Travel

Oct 15, 2012

Lloyd’s Register significantly helped the vessel’s owners & builders work through the complexities of 'Viking Grace's' novel design features.Finland’s Viking Line recently notched up a world first when it launched Viking Grace, the most environmentally friendly large passenger ship…

Russian Navy Support Ship Ready for Trials

Oct 15, 2012

The converted special-purpose naval support ship 'Yauza' set afloat at the Nerpa Shipbuilders yard after a two-and-a-half year refitIn fact, shipwrights at Nerpa have built a new ship. Only the hull remained from Yauza; the deck erection and equipment was demounted…

Rolex Sydney Hobart Yacht Race Entries Surge

Oct 15, 2012

This year's fleet for the 68th Rolex Sydney Hobart Yacht Race in December reaches 60 already. 'Wild Oats Xl' the boat to beat.The boat to beat for line honours this year will be Bob Oatley‘s super maxi Wild Oats XI, skippered by Mark Richards…

Obsolete US Ship Recycling Target Surpassed

Oct 15, 2012

U.S. Transportation Secretary visits Suisun Bay in Northern California to celebrate surpassing administration's goal for recycling.Ray LaHood, US Transportation Secretary visited Shuisun Bay for the occasion. In 2010, the Department’s Maritime…

China Subsea Contract for Technip

Oct 15, 2012

Technip in a consortium with Offshore Oil Engineering Co. Ltd (COOEC) wins a substantial subsea contract in China.The contract, value  €200 million (Technip share: around €110 million)  was awarded by China National Offshore Oil Corporation…

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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