According to a report from Bloomberg, Vietnam Shipbuilding Industry Group sold four newly-built ships worth almost $110m, as the Vietnamese government tries to restructure and stabilize the state-owned company that almost went bankrupt due to losses…
On August 15, the Panama Canal will celebrated 96 years of safe, reliable and efficient service to global trade. The SS Ancon officially inaugurated the waterway on its first transit August 15, 1914. Today, the Canal continues as a viable global transportation and logistics leader…
A new Technical Adviser, Paul Bayliss, has joined the expanding London secretariat of the International Marine Contractors Association (IMCA). He will help to manage the significant work programme of the Association supporting members towards safer and more efficient marine operations…
Resolve Salvage & Fire (Asia), a division of United States based Resolve Marine Group, Inc., has expanded its presence in Singapore with the addition of Ajay Prasad, Operations and Technical Director. Prasad joins Resolve’s Managing Director- Singapore…
Northrop Grumman announced that it recently completed a series of tests of the Maritime Laser Demonstration (MLD) system, moving high-energy lasers a step closer to deployment aboard U.S. Navy ships. According to the company, shore-based tests…
It is with sadness that the ZF Marine Group recognizes the passing of Thomas P. “Tom” Katica, our colleague and long time Account Manager for the Western Region. On July 8, 2010, after a two year battle with cancer, Tom finally succumbed peacefully in his home on Whidbey Island…
Today four oil majors – Chevron, ConocoPhillips, ExxonMobil and Shell – announced a plan to build and deploy a rapid response system that will be available to capture and contain oil in the event of a potential future underwater well blowout in the deepwater Gulf of Mexico…
The Lewis and Clark-class of dry cargo/ammunition ships - the Navy's newest class of logistics ships, also called T-AKEs - grew July 14 when Military Sealift Command accepted delivery of the 10th ship in the class, USNS Charles Drew. The…
J.F. Lehman & Company completed the sale of Atlantic Marine Holding Company to a subsidiary of BAE Systems, Inc. Atlantic Marine is a provider of vessel maintenance, repair, overhaul and conversion (“MROC”) as well as marine fabrication services to government and commercial maritime customers…
Secretary of the Interior Ken Salazar directed the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEM) to issue new suspensions of deepwater drilling – set to last until at least November 30, 2010 -- on the Outer Continental Shelf (OCS)…
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…
