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Transas Releases new 4-level ECDIS Concept

Jan 13, 2012

The Transas Marine 4-level ECDIS concept is designed to provide an IMO compliant solution for the shipping companies. The new range of product packages Standard, Standard+, Premium and Premium+, features Transas well renowned Navi-Sailor software with the best technology applied through all systems…

BP Shipping Charters Extended

Jan 13, 2012

Capital Product Partners L.P. (Nasdaq: CPLP) announced the extension of the charters of both the M/T Agamemnon II and the M/T Ayrton II to BP Shipping.  The M/T Agamemnon II (2008 STX Offshore & Shipbuilding Co., 51,238 dwt) was fixed to BP  Shipping at a daily charter rate of $14…

Iridium, KVH Team on Broadband Solution

Jan 13, 2012

Iridium Communications Inc. (Nasdaq: IRDM) and KVH Industries, Inc., (Nasdaq: KVHI) have agreed to offer what the pair is touting as the first-ever, fully global, seamless broadband satellite communications service for the maritime market. Under the agreement…

New EU NAVFOR Deputy Operation Commander

Jan 13, 2012

Rear Admiral Christian Canova (French Navy) hands over the responsibility of Deputy Operation Commander of the European Union Naval Force Somalia, Operation ATALANTA to Rear Admiral Rainer Endres (German Navy) on 12 January 2012 at the Operational Headquarters (OHQ) in Northwood…

BOURBON Optimizes Class Dockings for Fleet

Jan 13, 2012

BOURBON optimizes Class Dockings for its vessels with new organization Bourbon Docking.Located in Dubai, this new organization will strengthen BOURBON’s vessel maintenance program, allowing the Group to reach its 2015 target rate of 95% vessel availability…

Austal Launches Second LCS

Jan 12, 2012

Austal Launches 2nd Littoral Combat Ship CORONADO (LCS 4) Mobile, Alabama-based Austal USA successfully launched the second 127-meter Independence-Variant Littoral Combat Ship, Coronado (LCS 4). In reference to the success of the Coronado launch…

Container Freight Rates Gain

Jan 12, 2012

A short-lived revival in rates still means rich pickings for shippers coming into the transpacific contracting season, but beware the capacity crunch to come. Shippers should not lose sleep over the recent, short-lived jump in spot rates…

Shipping Facing Serious Long-Term Challenges

Jan 12, 2012

SHIPPING is going to need a great deal of resilience to meet the challenges of the next twelve months, according to international accountant and shipping adviser, Moore Stephens. But, for those who can secure funding, there have been few better times to invest…

Work Boats Exchange Roster Gains Momentum

Jan 12, 2012

Work Boats Exchange: A New Hosted Commercial Marine Buyer's Event is set for the Ritz-Carleton in Fort Lauderdale April 2012  Regardless of industry, the ability to continually meet potential new clients is the cornerstone to any company’s success…

Shipping Industry Facing “Deepwater Horizon moment”

Jan 12, 2012

The shipping industry has been warned by a leading maritime lawyer that it may soon face its “Deepwater Horizon moment” in the event of a mega containership casualty.  Speaking at a Maritime London lunchtime function yesterday (11 January)…

Trawlercat Introduces Anti-Piracy (PEV) Design

Jan 12, 2012

Trawlercat Marine Designs of New Westminster, British Columbia, Canada is seeking joint venture partners to join them in building their purpose-designed anti-piracy personal escort vessels (PEV).Trawlercat Marine’s president, Captain Graham…

Fendercare in STS Operation off Belfast

Jan 12, 2012

Fendercare Marine provide first ship to ship transfer operation off Ireland. Norfolk based Fendercare Marine completed the first ship to ship (STS) transfer off the coast of Belfast last week. The operation was unusually requested by the…

Braemar: Interim Management Statement

Jan 12, 2012

Braemar Shipping Services plc today issues its interim management statement in relation to the period since the announcement of the interim results on 25 October 2011. Over the past few months activity in the Shipbroking division has increased…

Roy Sea Joins IYC

Jan 11, 2012

Roy Sea Joins IYC as Florida and California Licensed Yacht Broker. International Yacht Collection (IYC) has announced that, effective immediately, Roy Sea joins the global yachting firm as a Florida and California Licensed Yacht Broker. With a yachting background that spans forty years…

WCI to Honor Rahall with 2012 Leadership Award

Jan 11, 2012

U.S. Congressman Nick Rahall to receive 11th Annual Waterways Council Leadership Service Award.U.S. Congressman Nick J. Rahall, II (WV-03) will receive the Eleventh Annual Waterways Council, Inc. Leadership Service Award on Wednesday, February 15…

Logistics News

Algorithm Accountability

Algorithm Accountability

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Maersk Raises Full-Year Profit Forecast

Maersk Raises Full-Year Profit Forecast

World’s First Green Ammonia Bunkering Operation Completed in Dalian

World’s First Green Ammonia Bunkering Operation Completed in Dalian

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