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Wärtsilä Awarded Pacific Radiance Contract

Jul 04, 2012

Wärtsilä to supply integrated power and propulsion systems for three Pacific Radiance offshore service vesselsWärtsilä is to supply complete and fully integrated power generation and propulsion packages for three vessels being built for Pacific Radiance Ltd…

Federal Court Gives Delaware River Dredging Go-ahead

Jul 04, 2012

Long-delayed deepening of Delaware Ship Channel allowed to proceed, Wilmington to become accessible by bigger shipsThe Third Circuit Court of Appeals in Philadelphia has ruled in favor of the U.S. Army Corps of Engineers which has begun to…

This Day in Naval History - July 03

Jul 03, 2012

From the Navy News Service:  1898 - At Battle of Santiago, Cuba, Rear Adm. Sampson's squadron destroys Spanish fleet. 1950 - USS Valley Forge (CV 45) and HMS Triumph participate in first carrier action of Korean Conflict. VF-51…

Fairmount Delivers drillship Peregrine 1 to Singapore

Jul 03, 2012

Fairmount Marine’s tug Fairmount Sherpa has delivered drillship Peregrine 1 safely in Singapore. The Peregrine 1 was towed to from Salvador in Brazil to Singapore.For this job the Fairmount Sherpa was mobilized from Rio de Janeiro where the tug had delivered rig ODN TAY IV…

BMT ARGOSS Secures DNV Accreditation for PC REMBRANDT

Jul 03, 2012

BMT ARGOSS has announced that its marine manoeuvring simulator, PC REMBRANDT has been granted DNV accreditation in accordance with Class S- Standard for Certification of Maritime Simulators No. 2.14 January 2011.The purpose of the standard…

OW Bunker Strengthens Presence in Taiwan

Jul 03, 2012

OW Bunker, a supplier and trader of marine fuel, announced on July 3, 2012 that it has opened a new representative office in Taiwan. OW Bunker's new office in Taipei will be managed by Mr. Victor Huang, who has over 16 years of experience across the shipping industry…

Phil Cowan Returns to Moore Stephens

Jul 03, 2012

Corporate finance specialist Phil Cowan has returned to shipping accountant and consultant Moore Stephens as Head of Corporate Finance.Formerly Group CFO of V.Group Limited and Chairman of V.Ships Capital, Cowan has first-hand experience of ship management…

Wing Inflatables Receives DLA Excellence Award

Jul 03, 2012

Wing Inflatables has received a gold-level award for quality and performance from the Defense and Logistics Agency (DLA) Land and Maritime for 2011. Gold is the highest level achievable. The award was presented at a ceremony at the Hyatt Regency and Columbus Convention Center…

U.S. Transport Command Issues Multiple Awards

Jul 03, 2012

-  Maersk Line, Ltd., Norfolk, Va., is being awarded a $2,100,000,000 indefinite-delivery/indefinite-quantity fixed-price contract for international ocean and intermodal distribution services.  Work will be performed worldwide as specified on each individual order…

The Hearsay Portal: part 1 of 2

Jul 03, 2012

Dr. Jim Giermanski (Chairman, Powers Global Holdings, Inc.) and Chris Giermanski (Director of International Operations, Transportation Services, Inc.) weigh in on the balance between facilitating trade and guaranteeing cargo identity and quantity - and what CPB needs to do to achieve just that…

Drewry’s: Container Freight Rates Headed Higher

Jul 03, 2012

The recent successful implementation of significant rate restoration initiatives by carriers in the core east-west trade lanes means that most are now operating above break-even. Carriers took sufficient capacity out in the winter months to…

Cruise Ship Fires Indian Waiters

Jul 03, 2012

Owners of P&O Cruises 'Arcadia' dismiss Indian crew over pay protestP&O Cruises have sacked 150 Indian waiters for protesting wages as low as 75 pence per hour (US$1.17) – eight times below the national minimum, reports the 'Hindustan Times'…

IACS Releases Common Structural Rules for Comment

Jul 03, 2012

The International Association of Classification Societies (IACS) release draft harmonised common structural rules for industry commentThe Common Structural Rules (CSR) for Double Hull Oil Tankers and Bulk Carriers were adopted by IACS Council in December 2005 and came into force in April 2006…

Korean Shipbuilders' Orders Halved

Jul 02, 2012

Orders won by major South Korean shipbuilders halved in the first six months of 2012 from a year ago According to a 'Yonhap News Agency' report, the country's three biggest shipbuilders -- Hyundai Heavy Industries Co., Daewoo Shipbuilding & Marine Engineering Co…

This Day in Naval History - July 02

Jul 02, 2012

From the Navy News Service:  1923 - Commissioning of Naval Research Laboratory, Washington, D.C. 1926 - Distinguished Flying Cross authorized by Congress. 1937 - Amelia Earhart disappears in Pacific. Navy conducts extensive unsuccessful search…

Logistics News

ariffs, Sanctions and Shipping Risks: The New Supply Chain Reality

ariffs, Sanctions and Shipping Risks: The New Supply Chain Reality

German Exports Decreased in May As Companies Frontloaded in Q1 to Beat Tariffs

German Exports Decreased in May As Companies Frontloaded in Q1 to Beat Tariffs

Bunge Charters Argentine Soy Meal Cargo to China

Bunge Charters Argentine Soy Meal Cargo to China

NYK-TDG Maritime Academy Celebrates 80 Graduates

NYK-TDG Maritime Academy Celebrates 80 Graduates

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