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Griswold Awarded Webb, ABS Scholarship

Nov 14, 2012

Webb Institute awards second ABS scholarship for 2012 for studies in naval architecture and marine engineering. Webb Institute, a four-year college specializing in Naval Architecture and Marine Engineering, has recognized the second ABS Scholar for 2012…

‘I Got a Rock’

Nov 14, 2012

While Charlie Brown of ‘Peanuts’ comic strip fame lamented receiving rocks in lieu of Halloween candy, political rivals Japan and China are celebrating ‘rocks’, in fact naming them and filing claims to them in and around the East China Sea in…

Austerity Strike Action Hits European Ports

Nov 14, 2012

Inchcape Shipping Services (ISS) is advising of the following strike action today across a number of European ports according to local office reports. PortugalStrikes are being held by the Union CGTP, but not officially by UGT.Lisbon: Stevedores are on strike…

Port of Hamburg Results: Exports Up, Imports Down

Nov 14, 2012

The Port of Hamburg’s overall results for the first nine months characterized by export growth and an import downturn.In the first nine months of 2012 the Port of Hamburg achieved total throughput of 98.1 million tons (down 0.8 percent)…

Grandweld Delivers Aluminum Crew Boat

Nov 14, 2012

Grandweld Shipyards delievered “Zamil 101” the first of three fast aluminum crew boats to Zamil Offshore. The vessel was part of a contract, which was signed in November 2011, to build and deliver three sister crew boats. The 33.5m fast…

BV Classes World's Largest Containership

Nov 14, 2012

Bureau Veritas has classed what is currently the largest containership in the world. Built by DSME (Daewoo Shipbuilding and Marine Engineering) in South Korea for French operator CMA-CGM, CMA CGM Marco Polo is the first in a series of three 16…

FGH Expands Marine Insurance Capabilities

Nov 14, 2012

Fidelis Group Holdings LLC Announces Additional Excess Marine Liability Capacity For The Maritime Industry.Fidelis Group Holdings LLC (FGH) through its subsidiary company Continental Underwriters, Ltd., a leader in providing Marine Insurance coverages and services…

Vendée Globe, Everest of Yachtsmanship, Underway

Nov 14, 2012

The Vendée Globe 2012-2013, is a round-the-world single-handed yacht race, sailed non-stop and without assistance, a serious test of endurance.The race started last Saturday and finishes in Les Sables-d'Olonne , in the Vendée département of France…

Buccaneer Updates Alaska Jack-up Rig Work Progress

Nov 14, 2012

Work on the 'Endeavour' rig by local contractors in Homer nears completion prior to deployment for shallow water drilling off Alsaska coast.Before its acquisition in November 15, 2011, the Endeavour had been idle for several years, and Buccaneer and its venture partners…

MTN Renews Cruise Line Communications Contract

Nov 14, 2012

MTN Satellite Communications (MTN) contract with Norwegian Cruise Line extended 5 years.The contract is for VSAT communications, crew calling, Internet services, access to MTN Worldwide TV™ and related services around the globe.  MTN will…

OceanWorks USN Authorized for DSS SOC Work

Nov 14, 2012

OceanWorks International again receives authorization from U.S. Navy to perform Deep Submergence Systems Scope of Certification (DSS SOC) work.OceanWorks International has again been authorized by the U.S. Navy’s Naval Sea Systems Command…

Fold-up Boat 'QuickBoat' Goes Commercial

Nov 14, 2012

Australia's Quickboats Pty Ltd enters commercialization phase for its award-winning folding boat.Just one month after officially commencing operations, Australian company Quickboat Holdings Pty Ltd is now focused on the commercialization of its folding boat that is globally unrivaled in design…

CIT Launch Maritime Finance Business, Appoint MD

Nov 14, 2012

The new company, CIT Maritime Finance will originate & underwrite blue water vessel financing & its managing director is Svein Engh.CIT Maritime Finance will offer senior secured loans, sale-leasebacks, and bareboat charters to owners and operators of oceangoing cargo vessels including tankers…

Swiber Wins Siazable Offshore Contracts

Nov 14, 2012

Offshore construction & services provider Swiber wins SE Asia & Latin America contracts worth altogether about US$ 143-million. The contracts comprise an approximate US$100 million contract for offshore construction work in Southeast Asia…

Norsat Introduce VSAT Communications Package

Nov 13, 2012

Norsat International launches Global-VSAT, an equipment & global airtime services package to leverage Norsat MarineLinkTM maritime VSAT terminals.  The package is available via flexible lease and purchase options and will provide Norsat…

Logistics News

Port of Antwerp-Bruges Reports Weak Start to the Year

Port of Antwerp-Bruges Reports Weak Start to the Year

Hydrogen Fuel Cell Harbor Craft Pilot Study Launched in Singapore

Hydrogen Fuel Cell Harbor Craft Pilot Study Launched in Singapore

BIMCO Warns of Hormuz Toll Scam

BIMCO Warns of Hormuz Toll Scam

HPH Trust Unveils Hong Kong’s First Autonomous Truck Fleet

HPH Trust Unveils Hong Kong’s First Autonomous Truck Fleet

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Airline cancels flights due to Middle East conflict
Portugal asks Air France, KLM and Lufthansa to submit binding bids for the tight TAP race
Spirit Airlines is in advanced discussions with government on financing, lawyer claims