According to the International Energy Agency’s July 2010 Oil Market Report, global oil demand through 2011 is projected to rise 1.6% or 1.3 mb/dyear‐on‐year to 87.8 mb/d, driven entirely by non-OECD country consumption, as OECD countries continue to see a gradual decline…
The U.S. Department of Transportation gave its approval to begin reconstruction of the Pier 29 Container Yard in Honolulu Harbor, Oahu after signing a $24.5m TIGER grant agreement with the Hawaii State Department of Transportation Harbors Division…
In June, John Angelicoussis attended the Graduation Ceremony at Webb Institute in Glen Cove on Long Island, New York. There he was honored with a Doctorate Degree in Commercial Sciences based on his lifelong achievements in the field of international shipping…
Naval Surface Warfare Center Carderock Division (NSWCCD), a field activity of Naval Sea Systems Command (NAVSEA), was host to a first of its kind weeklong summer institute for high school science, technology, engineering, and mathematics (STEM) teachers…
Roland Kirch, 38, member of the Executive Board of Hapag-Lloyd AG and responsible for the department Development and Markets and Works Director, left the company at his own request on June 30, 2010. Kirch was active in various areas from 2004 and was appointed to the Executive Board in April 2009…
Tsakos Energy Navigation Limited announced the delivery and charter of the 105,000 dwt DNA-Aframax tanker Uraga Princess from Sumitomo Heavy Industries in Japan, the final newbuilding in a series of eight ordered in 2004. Upon delivery, the…
Last month MR’s Henrik Segercrantz traveled to Hamburg for an exclusive preview of the SMM 2010 exhibition.The SMM international trade fair for shipbuilding, machinery and marine technology will take place in Hamburg, Germany, on 7-10 September…
Since the marine industry continually laments restocking engineering talent to power its future, Maritime Reporter & Engineering News decided to hit the road and find where the future lies. The journey wasn’t far, approximately 45 miles from our office on Long Island at the Webb Institute…
The Society of Naval Architects and Marine Engineers is pleased to announce graduate and undergraduate scholarship winners. $165,000 in scholarship awards have been made by the Society for the 2010-11 academic year.Eleven Graduate Scholarships were awarded…
Northrop Grumman Corporation presented the second annual Elmer A. Sperry Junior Navigator of the Year Award to Ensign Jeffrey Iiams, USNA Class of 2010, in honor of the midshipman who demonstrated outstanding navigation skills and knowledge…
The A.P. Moller – Maersk Group today announced the appointment of Nicolaj Noes as the new Maersk Line Country Manager for Australia. Nicolaj will be responsible for the development and execution of strategy in Australia, overseeing sales, operations and customer service…
Saipem has been awarded new offshore contracts worth over 1 billion euro. The contracts refer to activities to be carried out between 2010 and 2012 in the main offshore areas where Saipem is present, in particular in the Caspian Sea, both in the Kazakh and Azeri sectors…
STX Finland Oy appointed Juha Heikinheimo as new President of STX Finland Oy. Heikinheimo will replace Martin Landtman. It has been agreed that Mr Landtman steps down from his position with immediate effect. While STX Finland in the last years…
U.S. Barge recently delivered another high capacity petroleum barge to Harley Marine Services. Barge Sixty-Five Roses is a unique design from Elliott Bay Design Group. With new efficiency and voluntary environmental features incorporated into the design…
The Hellespont Group strengthened its global base in Hamburg, Germany, by buying out the two minority partners in its Hamburg-based shipmanagement company and reshaping its corporate organization.The 25 percent each minority interests held…
