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ST Engineering Wins $60m Shipbuilding Contracts

Feb 13, 2012

Singapore Technologies Engineering Ltd (ST Engineering) reports that its marine arm, ST Marine, has won two shipbuilding contracts worth about $60m from Swire Pacific Offshore Operations (Pte) Ltd (SPO), a wholly owned subsidiary of Swire Pacific Limited…

OIG Makes Executive Appointments

Feb 13, 2012

Offshore Installation Group said that Steve Preston will join the company in the position of Chief Executive Officer and John Smith will join the company as Executive Vice Chairman. Both Steve and John will take up their positions in  March 2012…

MACC 2012 Cancelled

Feb 13, 2012

ASNE Announces New ASNE Craft Expo in 2012 One of the country's top in-water boat demonstrations, Multi-Agency Craft Conference (MACC), has again been cancelled for 2012, as the American Society of Naval Engineers (ASNE) and NSWCCD Combatant Craft Division (CCD) report that despite best efforts…

Springsteel Joins Liquid Robotics as CFO

Feb 13, 2012

Liquid Robotics, an ocean data services provider and developer of the first wave-powered Wave Glider marine today announced that Steven R. Springsteel, former CEO of Chordiant Software Inc. and President/CFO of Verity, has joined the  company…

Northrop Grumman Delivers IBS for Turkish Megayacht

Feb 13, 2012

Northrop Grumman Corporation's (NYSE:NOC) Sperry Marine business unit has delivered a suite of navigation electronics for a new megayacht being built by Proteksan-Turquoise Yachts in Turkey. The new megayacht is being equipped with a complete…

S3 Scoop Subsea UK Award

Feb 13, 2012

Specialist Subsea Services (S3) celebrated success at the Subsea UK awards after being named winners of the much coveted New Enterprise award. S3 was recognised for its vision in business development and its contribution to the subsea sector…

TOTE Names Armstrong President

Feb 13, 2012

TOTE, Inc. welcomes James Armstrong to top leadership role at TOTE Logistics. James Armstrong has joined TOTE, Inc. as President for TOTE Logistics.  Armstrong comes from Southern California where he served as Senior Vice President, General Manager…

ISU Names Hoddinott General Manager

Feb 13, 2012

TITAN Salvage’s Mark Hoddinott Accepts Position as General Manager at ISU. TITAN Salvage's Mark Hoddinott has accepted the position of general manager for the International Salvage Union (ISU). The position will combine the role of secretary general with that of general manager…

GTMO Conducts Oil Spill Response Training

Feb 13, 2012

The Port Operations department (Port Ops) at Naval Station (NS) Guantanamo Bay, Cuba conducted training for oil spill response (OSR), and hazardous waste operations and emergency response Feb. 6-10. The annual training ensures NS Guantanamo…

First Ship Demands Return of Chem Tankers

Feb 11, 2012

FSL Trust Management Pte. Ltd., as trustee-manager of First Ship Lease Trust reportes that it has sent notices to its lessees, wholly-owned subsidiaries of PT Berlian Laju Tanker Tbk, to demand for the redelivery of its three chemical tankers…

OSG Suspends Quarterly Dividend

Feb 11, 2012

Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, announced that its Board of Directors has suspended the payment of regular quarterly dividends.  No dividend will be paid in the first quarter of 2012…

Navy to Name Ship USS Gabrielle Giffords

Feb 11, 2012

Secretary of the Navy Ray Mabus announced Feb. 10 that the next variant littoral combat ship (LCS) will be named USS Gabrielle Giffords (LCS 10).The selection of Gabrielle Giffords, designated LCS 10, honors the former congresswoman from who is known for supporting the military and veterans…

Lake Havasu Catamaran Award for Kvichak

Feb 10, 2012

Kvichak Marine Industries, of Seattle, WA, has recently been awarded a contract to build a 65’ passenger catamaran for the Chemehuevi Transit Authority of Lake Havasu, California. The vessel will operate as a ferry on Lake Havasu, with ports…

ASA to Bid on Removal of Costa Concordia

Feb 10, 2012

Seven members of the American Salvage Association (ASA) have been invited to submit competitive bids to remove the capsized cruise ship Costa Concordia, which ran aground off the Italian island of Giglio in late January. One member already involved with response…

Cruise Industry Adopts New Drill Policy

Feb 10, 2012

Best Practice Identified Through Cruise Industry Operational Safety Review. The global cruise industry today announced a new emergency drill policy requiring mandatory muster for embarking passengers prior to departure from port.  The new…

Logistics News

CMA CGM Interested In Taking Over Some of CK Hutchison's Ports Terminals

CMA CGM Interested In Taking Over Some of CK Hutchison's Ports Terminals

Xeneta Warns Freight Rates May Continue to Plummet Despite New Trade Deals

Xeneta Warns Freight Rates May Continue to Plummet Despite New Trade Deals

Captain Richard Phillips Announced as Guest Speaker at Houston International Maritime Conference

Captain Richard Phillips Announced as Guest Speaker at Houston International Maritime Conference

Argentina will Send First Corn Shipment to China Next Month Since 2023

Argentina will Send First Corn Shipment to China Next Month Since 2023

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UPS reports disappointing quarterly results due to shifting trade policies
CMA CGM is interested in CK Hutchison’s port terminals
IFM, an Australian company, has bought 75% of Air Rail, a Spanish firm that manufactures ground support equipment.