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HiPer Craft 2012 Set for June 26-27

Jun 22, 2012

Less than one week remains before the High Performance Craft Expo (HiPer Craft) 2012 on June 26-27, 2012 at the Half Moone Cruise and Celebration Center, proudly hosted by the American Society of Naval Engineers (ASNE). This special event is…

U.S. Ports & Inland Waterways Modernization

Jun 22, 2012

U.S. Army Corps of Engineers releases the 'U.S. Port and Inland Waterways Modernization: Preparing for Post-Panamax Vessels' reportThe U.S. Army Corps of Engineers (USACE) has submitted to Congress the 'U.S. Port and Inland Waterways Modernization: Preparing for Post-Panamax Vessels' report…

USCG Safety Alert: Recreational Diving from Commercial Platforms ...

Jun 21, 2012

United States Coast Guard Assistant Commandant for Prevention Policy Marine Safety Advisory 01-12 June 21, 2012 Washington, DC; Recommendations for Recreational Diving Operations Occurring from Commercial Passenger Vessels. This advisory is addressed to Passenger Vessel Operators…

Resolve Completes Removal of LPG Cargo

Jun 21, 2012

Following weeks of preparation and more than seven days of intensive, round-the-clock operations, RESOLVE Salvage & Fire, (ASIA) Pte Ltd. announced that more than 1000 MT of volatile LPG 1- Butene have been removed from the stranded and  wrecked freighter LPG OBERON  in the Taiwan Strait…

Liquid Robotics, Schlumberger Form Oil & Gas Joint Venture

Jun 21, 2012

Liquid Robotics, Inc. and Schlumberger announced the creation of Liquid Robotics Oil & Gas, a joint venture to develop services for the oil and gas industry using Wave Gliders, the world’s first wave-powered, autonomous marine vehicles. The…

ICS: Resume Old OECD Shipbuilding Talks

Jun 21, 2012

At the Organisation for Economic Co-operation and Development (OECD) in Paris today (Thursday 21 June) the International Chamber of Shipping (ICS) will call on governments to resume negotiations on a new global agreement to eliminate market distorting measures from shipbuilding…

Concordia Maritime Orders Tankers

Jun 21, 2012

Concordia Maritime signed a contract with Guangzhou Shipbuilding International (GSI), China for the delivery of two chemical parcel tankers of approx. 50,000 dwt at the end of 2014/beginning of 2015. The investment amounts to around $78.6m and…

Statoil, Rosneft Sign Deal

Jun 21, 2012

Statoil and Rosneft today signed agreements on joint bidding for exploration licenses in the Norwegian Barents Sea and on Joint Technical Evaluation covering two Russian onshore assets. This concludes the first implementation agreements envisaged…

Bourbon Sets Up Financing Deal

Jun 21, 2012

BOURBON announces the establishment of new financing for a total of 420 million euros.The financing takes the form of a new Club Deal for a total of 240 million euros with a syndicate of 8 French banks on one hand and on the other hand BOURBON’s…

United States Coast Guard Safety Alert

Jun 21, 2012

Assistant Commandant for Prevention Policy Marine Safety Alert 02-12 June 20, 2012 Washington, DC:Overloaded Lifting Gear on Fishing Vessels. Recently, several catastrophic failures of masts, booms, and lift cables have occurred on purse…

Kongsberg to Supply UK Nautical College Simulators

Jun 21, 2012

New Kongsberg Maritime simulators for extensive upgrade to South Tyneside College facilitiesKongsberg Maritime has been chosen to supply a suite of upgraded navigation, engine room and Vessel Traffic Service (VTS) simulator hardware and…

Weekly Piracy Update from NATO

Jun 21, 2012

During the reporting period 14 to 20 June, 2012,  there have been two pirate attacks in the High Risk Area (HRA)The increase of attacks within the past week is evidence that pirate activity can still take place during the South-West Monsoon and Masters should remain vigilant to this threat…

This Day in Naval History - June 20

Jun 20, 2012

From the Navy News Service:  1813 - Fifteen U.S. gunboats engage three British ships in Hampton Roads, Va. 1815 - Trials of Fulton I, built by Robert Fulton, are completed in New York. This ship would become the Navy's first steam-driven warship…

Marit Arnstad Leaves Statoil Board

Jun 20, 2012

Marit Arnstad has announced that she will resign from her position as deputy chair and member of the board of directors in Statoil ASA (OSE: STL, NYSE: STO) effective immediately. The nomination committee in Statoil will start its search for a new board member…

Braemar Shipping Appoints New Chief Executive

Jun 20, 2012

The board of Braemar Shipping Services PLC (“Braemar”, “the Group” or “the Company”) is pleased to announce the appointment of James Kidwell as Chief Executive with effect from today.  James Kidwell, age 50, is Group Finance Director and has worked for Braemar in that role since June 2002…

Logistics News

CV International, Capes Shipping Agencies Announce New CFO

CV International, Capes Shipping Agencies Announce New CFO

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

Tariffs, 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

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