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New Report Reveals World Fish Stocks Crisis

Oct 02, 2012

Head of international ocean conservation organization, Oceana, responds to alarming new report on the status of the world's fisheries.Andrew F. Sharpless, CEO of Oceana, issues the following statement about a new report: Status and Solutions for the World's Unassessed Fisheries…

New Panama Canal Dredger Named in Dutch Shipyard

Oct 02, 2012

A backhoe dredger built by IHC Merwede was named ALBERTO ALEMÁN ZUBIETA at its associate's NMC shipyard, in Nieuw- Lekkerland, The Netherlands.The backhoe dredger will initially be used for the expansion of the Panama Canal and subsequently for its maintenance…

Vietnam Offshore Contract for EMAS AMC

Oct 02, 2012

EMAS AMC contracted by Petroleum Technical Services Corporation Mechanical and Construction to provide facilities for the Dua sub-sea field.Singapore-based EMAS AMC, the subsea division of EMAS, a leading global offshore contractor and provider…

Dong Energy Offshore Well Service Contract for Aker Solutions

Oct 02, 2012

Aker Solutions contracted by Dong Energy to provide well intervention services for the oil company's assets offshore Norway and Denmark. Well intervention services are carried out in an oil or gas well, with the objective of maximising production and increasing the recovery rate of oil and gas…

NSRP Approves Twelve US Navy-Related R&D Projects

Oct 02, 2012

National Shipbuilding Research Program (NSRP) approves US$1.8-million for 12 new cost-reducing projects.The NSRP Executive Control Board selected 12 new research and development projects for award as part of the National Shipbuilding Research…

Hull Coatings Standard Called For by Manufacturer

Oct 02, 2012

International Paint, BMT ARGOSS, & NAPA urge IMO committee to develop measurement standards for paint energy-saving & eco claims.International Paint, part of AkzoNobel, the global paints and coatings company, alongside BMT ARGOSS, and NAPA…

Banks Agree to Exend Excel's Equity Raising Period

Oct 02, 2012

Troubled Greece-based Excel Maritime Carriers has agreed with its lenders to effectively extend its equity raising commitment through December 31, 2012.Excel Maritime Carriers has agreed with its lenders under its $1.4bn syndicated credit facility to effectively extend…

'Rena' Owners Reach Financial Settlement with NZ Government

Oct 02, 2012

The New Zealand Government & Daina Shipping Company settle amount due arising from the container ship's grounding on 5, October 2011.Keith Manch, Director of Maritime New Zealand, confirmed that Daina Shipping Company will pay $27.6 million…

Tugboat Master Appointed V-P by Crowley Solutions

Oct 02, 2012

Captain Alex Sweeney joins Crowley’s Solutions Group as Vice President, Project Operations.Sweeney, who most recently served as vice president of operations for Crowley’s petroleum distribution group in Alaska, will remain in Anchorage and report to Michael Johnson…

New Edition of Seminal US Coast Pilot

Oct 02, 2012

The United States Coast Pilot, with one of the Nation’s longest publishing records, like fine wine, improves with age.The United States Coast Pilot®, originally called the American Coast Pilot, has been published for over 200 years. This set of sailing directions for U…

Singapore Container Terminal S$3.5-billion Expansion

Oct 02, 2012

SA Singapore Terminals (PSA) invests in infrastructure & the latest port technology to develop Phases 3 and 4 of its Pasir Panjang Terminal (PPT). PPT Phases 3 and 4 will feature an automated container yard equipped with proprietary intelligent planning and operation systems…

ECDIS Model Course Revised by IMO

Oct 01, 2012

IMO ECDIS Model Course (1.27) revision ensures that navigators understand & can demonstrate ECDIS competency in the context of navigation.Competency in the use of ECDIS is essential for maritime safety, and following this revision, any Generic…

Brazil Offshore Turbine Engine Maintenance Contract for MAN

Oct 01, 2012

MAN Diesel & Turbo SE wins Petroleo Brasileiro (Petrobras) contract extension for maintenance, repair & operational support of 20 MAN THM gas turbine trains.The contract extension covers four offshore platforms in the crude oil and natural…

Trim Optimization

Oct 01, 2012

Increasing Propulsion Energy Efficiency for a Wide Range of HullsIn a challenging market, commercial shipping operators must be particularly astute in the way they run their fleets. Trim optimization has been revealed to be a powerful means of increasing propulsion energy efficiency…

ICS Applauds Key Navigational Safety Improvements

Oct 01, 2012

ICS Welcomes Progress by Governments to help improve Navigational safety in Malacca/Singapore Straits. The International Chamber of Shipping (ICS), which represents 80% of the world merchant fleet, has welcomed the outcome of an important…

Logistics News

US Commerce Disorganization Stalls Thousands of Export Approvals

US Commerce Disorganization Stalls Thousands of Export Approvals

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Hanseatic Global Terminals Launches Latin America Expansion

Hanseatic Global Terminals Launches Latin America Expansion

Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over

Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over

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Berkshire takes $3.8 billion Kraft Heinz write-down, operating profit falls
Azerbaijan exports 1.2 billion cubic meters of gas per year to Syria via Turkey
Documents show that India's unfinished renewable energy projects have doubled to more than 50 GW.