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USNS Medgar Evers to be Christened at NASSCO

Nov 11, 2011

The widow of the late civil rights leader Medgar Evers will christen the U.S. Navy's newest resupply ship, the USNS Medgar Evers , during a ceremony in San Diego this Saturday at the General Dynamics NASSCO shipyard. Myrlie Evers-Williams…

WCI: Abandon Obama's User Fee Proposal

Nov 10, 2011

Capital Development Plan Most Comprehensive Solution for Addressing Waterways’ Infrastructure Funding, Construction Reform Needs. In a letter sent yesterday to Representative Jeb Hensarling and Senator Patty Murray, Co-Chairs of the Joint Select Committee on Deficit Reduction…

Marad Responds to Labor Critics

Nov 10, 2011

The U.S. Maritime Administration issued a Report Comparing U.S. and Foreign-Flag Operating Costs. The U.S. maritime labor union(s) responded with pointed criticism. Marad issues its own statement in reponse. Text of Marad Chief Matsuda's Prepared Statement: “The U…

Gulf of Mexico Oil &Gas Lease Sale Announced

Nov 10, 2011

Department of the Interior Secretary Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau announced that BOEM will hold the first oil and natural gas lease sale in the Gulf of Mexico since the Deepwater Horizon explosion and oil spill…

Drewry: Container Schedule Reliability Improvement

Nov 10, 2011

Container service reliability improved for the second quarter in a row during the third quarter of 2011, according to Drewry Maritime Research’s latest Schedule Reliability Insight report. The report is the longest established independent survey…

Jotron Consultas Chosen by D/S Norden

Nov 10, 2011

D/S NORDEN A/S selected the Norwegian-based Jotron Consultas AS as their future provider of fleet management software. The two parties have signed an agreement which includes rollout of latest v.4 of the Consultas Fleet Management software suite for fleet and office…

BSEE Director Bromwich Addresses IADC Conference

Nov 10, 2011

Bureau of Safety and Environmental Enforcement (BSEE) Director Michael R. Bromwich delivered remarks today during the International Association of Drilling Contractors’ Drilling and Production Keynote Breakfast here. Director Bromwich discussed…

Euroseas Announces 3Q, 9 Month Results

Nov 10, 2011

Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today its results for the three and nine month periods ended September 30…

Damen Set to Launch New PSV Series

Nov 10, 2011

Damen Shipyards will unveil its new Platform Supply Vessel (PSV) at EUROPORT 2011 and will launch a complete PSV range in the next few months. The PSV 3300 E3 is a dedicated supply vessel to transport supplies to oil and gas rigs and is specifically…

Global Oil Demand Revised Downward

Nov 10, 2011

According to the International Energy Agency’s Monthly Oil Market Report, global demand for oil usage has been adjusted slightly downward, as persistent economic uncertainty and sustained high oil prices have simultaneously thwarted demand’s previous trek upward…

Grandweld Delivers 41M Crew Boat

Nov 10, 2011

Grandweld Shipyards commemorated the delivery of the second of three 41M crew boats in a ceremony held at Grandweld facility in Dubai Maritime City. This marks Grandweld’s seventh delivery in 2011. Global Queen, an advanced version of the 41m crew boat…

OceanWorks Names Business Development Manager

Nov 10, 2011

OceanWorks welcomes Keith La Rose to its team in the position of Business Development Manager – Military in Vancouver office.  Acting as Business Development Manager for the military industry, Keith’s primary function will be to expand OceanWorks’…

Great Eastern Company cancels Ship Order

Nov 10, 2011

According to a report on www.myiris.com, Greatship Global Offshore Services (GGOS), a Singapore incorporated subsidiary of the company`s subsidiary - Greatship (India) (GIL), had signed contracts for two new building multipurpose support vessels (Builder`s Yard No…

$9.2B Order for Russian Shipyard

Nov 10, 2011

According to a report on the Moscow Times (www.themoscowtimes.com) Prime Minister Vladimir Putin oversaw the signing of seven contracts totaling $9.2B between the Defense Ministry and the United Shipbuilding Corporation at the Sevmash shipyard this week…

UK Shipyard Orders Second Tube Bender

Nov 10, 2011

A second state-of-the-art tube bending machine has been ordered by BAE Systems Submarine Solutions to support the construction of the UK's Astute class nuclear-powered submarines. The new tube bending machine is an all-electric model with precision software-controlled servomotor movement…

Logistics News

Lloyd’s Register Expands Advisory Services to Meet Complexity of Ports Sector

Lloyd’s Register Expands Advisory Services to Meet Complexity of Ports Sector

Uncle Sam is Watching: Package Trackers Aim to Sniff Out Chip Smugglers

Uncle Sam is Watching: Package Trackers Aim to Sniff Out Chip Smugglers

Baltic Index Tumbles as Big Ship Rates Fall

Baltic Index Tumbles as Big Ship Rates Fall

First Tanker Docks at Venezuela After New U.S. License

First Tanker Docks at Venezuela After New U.S. License

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Air Canada asks for government intervention after contract negotiations with flight attendants fail
Spirit Airlines raises going-concern doubts, months after exiting bankruptcy
Sources say Trafigura has withdrawn zinc from LME storages and is preparing to ship some of it to the US.