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Dry Bulk Panamax's Face Uncertain Future

Aug 22, 2012

Sub-Capesize sectors, previously better performers than Capes, now face an equally uncertain future according to recent Drewry analysis.Demand for Panamax ships improved over the 2nd quarter 2012, primarily due to an increase in grain volumes and Asian coal imports…

Latvia Navy Accepts Locally-built Patrol Boat

Aug 22, 2012

Patrol boat 'Viesite', built in the country's Riga Shipyard, has been accepted by Latvia's Ministry of Defence.The building of patrol ship Viesīte was started June 17th, 2009 and it is third of five new SWATH type patrol ships built for the Latvian Navy…

Chinese Research Ship's Nigerian Mission

Aug 22, 2012

Chinese scientific research ship 'Dayang Yihao' starts research mission with Nigerian & Chinese scientists on board.More than 100 Chinese and Nigerian scientists and officials attended a ceremony at Apapa Harbour, Lagos, on the launching of the cooperative mission…

Greek Shipping Numbers Still in First Rank

Aug 22, 2012

Despite the decrease in the number of ships, the fleet under Greek management still ranks first in world according to Clarksons.Greece's merchant fleet still ranks first in the world both in number of ships with 20% of the world's fleet…

Deepwater Oil Strike by Petrobras Offshore Brazil

Aug 22, 2012

Petrobras strikes oil deposits in a new discovery in the 'Rights Transfer Area' some 200 km off the coastal city of Rio de Janeiro.Petrobras has discovered good quality oil in the fourth well drilled in the Rights Transfer area in the Santos Basin pre-salt cluster…

US Navy Awards Program Support Contract to Noblis

Aug 22, 2012

Noblis to provide technical, engineering, & program management support services to the Naval Sea Systems Command.Noblis, Inc., a leading nonprofit science, technology, and strategy organization that helps clients solve complex scientific…

Pilot Freight Services Recognized as a Top Provider

Aug 22, 2012

Pilot Freight Services, a worldwide provider of transportation and logistics services, announce its recognition by three trade publications.Pilot Freight Services, Inc. is a full-service transportation and logistics provider with over 75…

US Warship Answers Persian Gulf Help Call

Aug 22, 2012

Guided-missile destroyer USS Winston S. Churchill (DDG 81) renders medical assistance to Panamanian-flagged, bulk carrier M/V Belde.Winston S. Churchill responded to a distress call following a cargo-handling accident aboard Belde.

The…

ECDIS Familiarisation Course On Show at Upcoming Expo

Aug 22, 2012

Safebridge will show a full working version of its ECDIS familiarisation course at SMM Hamburg.The full working version of the ECDIS familiarisation course will be linked via the web to the Safebridge online server and the original manufacturer’s own software…

LNG Carrier Owners GasLog Report Q2 2012 Results

Aug 21, 2012

GasLog Ltd., owner, operator & manager of liquefied natural gas (“LNG”) carriers, reports financial results for second quarter 2012.GasLog’s fleet consists of 10 wholly-owned LNG carriers, including two ships delivered in 2010 and eight LNG carriers on order…

Norway's DOF Group Announce Offshore Charters

Aug 21, 2012

DOF Subsea provider of subsea services to the offshore oil & gas industry worldwide announce new vessel contracts. DOF Subsea AS has entered into a contract with Helix Well Ops for the vessel Skandi Constructor. The contract is for three year's firm with three…

Bunker Supplier Aegean Expands to Hong Kong

Aug 21, 2012

Greek-based Aegean Marine Petroleum Network Inchas to offer oil fuel bunker supply service in Hong Kong.New York-listed interntaional bunker supplier Aegean Marine Petroleum Network Inchas announce plans to expand its global network for…

Keppel Contracted to Build Floatel Semi-submersible

Aug 21, 2012

Keppel and Floatel sign contract for a fourth accommodation semi at US$ 315-million.Keppel FELS Limited and Floatel International Ltd (Floatel) have finalised a contract for Keppel FELS to build a new generation harsh environment accommodation semisubmersible…

Stricken Container Ship to Shelter in German Waters

Aug 21, 2012

UK & France maritime safety authorities to send team of experts to inspect German-flagged 'MSC Flaminia' prior to English Channel transit.Background:A fire and subsequent explosion on July 14, 2012, occurred during MSC FLAMINIA’s passage…

New Training Vessel for Kings Point

Aug 21, 2012

Department of Transportation Secures New Training Vessel for U.S. Merchant Marine Academy.U.S. Transportation Secretary Ray LaHood today announced that the Department’s Maritime Administration has secured a new training vessel for the U…

Logistics News

PMA: Panama-Flagged Vessels Must Notify of Ship-to-Ship Transfers

PMA: Panama-Flagged Vessels Must Notify of Ship-to-Ship Transfers

Sovcomflot Plunges to $393m Loss in Q1 Amidst Sanctions

Sovcomflot Plunges to $393m Loss in Q1 Amidst Sanctions

BAE Systems Set to Open $250M Shiplift Facility in Florida

BAE Systems Set to Open $250M Shiplift Facility in Florida

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

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Sources: Russia and Bahrain are in advanced discussions over LNG deal