Latest News - page 2718

 

SS United States Faces Scrapping

Mar 05, 2010

According to the SS United States Conservancy awareness campaign, the America’s national flagship, the SS United States, is in imminent danger of being bought by scrappers. This great vessel, which still holds the trans-Atlantic speed record…

MAN B&W Tier-II Engine Ready for Delivery

Mar 05, 2010

The first Tier-II compliant MAN B&W engine has finished production at HHI-EMD (Hyundai Heavy Industries Engine & Machinery Division) in Korea and is ready for delivery. The low-speed, two-stroke MAN B&W 6S50ME-C7 type engine will power a shuttle tanker (hull number 1749)…

Seatrans AS Increases Safeguards

Mar 05, 2010

Concateno, a European chemical, drug and alcohol testing provider, has been selected by Norwegian shipping company, Seatrans AS, to monitor the potential exposure of its seafaring crew to benzene.  Concateno provides a unique service for monitoring personnel for benzene…

New Weekly Ocean Service to Haiti

Mar 05, 2010

A New Weekly Ocean Service to Haiti, operated by America Cargo Transport Corp., has been established with U.S. flag vessels and crews. The service loads every Friday/Saturday in Jacksonville, Fla. to Port-au-Prince, and/or Cap Haitien, Haiti…

Sener Repairs Argentinean Navy Icebreaker

Mar 05, 2010

In October 2009 the contract came into effect for Sener to carry out the engineering work and provide technical assistance in repairing and modernising the icebreaker Almirante Irizar (RHAI) following the fire it suffered in April 2007. The…

Eagle Bulk Shipping Takes Delivery of Imperial Eagle

Mar 05, 2010

Eagle Bulk Shipping Inc. (Nasdaq:EGLE) announced that it has taken delivery of Imperial Eagle, a Future-56 class, 56,000 dwt Supramax dry bulk vessel. The vessel has entered into a one-year time charter tied to the Baltic Supramax Index (BSI)…

Global Ship Lease Reports Q4 2009 Results

Mar 05, 2010

Global Ship Lease, Inc. (NYSE:GSL)(NYSE:GSL.U)(NYSE:GSL.WS), a containership charter owner, announced its unaudited results for the three months ended December 31, 2009.Fourth Quarter and Full Year 2009 Highlights:- Generated $16.5 million of cash in the fourth quarter of 2009 up 29% on $12…

OSG’s Q4 Results & Improving Outlook

Mar 05, 2010

Overseas Shipholding Group’s Q4 2009 results were aided by an unexpected tax credit. OSG reported a loss of $0.59 excluding one-time items versus our ($1.02) forecast and the Street’s ($1.25) forecast. However a $30.5 million tax credit for 2009 against 2004 earnings led to the earnings beat…

MOL Charters LNG Vessels to ExxonMobil

Mar 05, 2010

Mitsui O.S.K. Lines, Ltd. (MOL) has been awarded two long-term charters by an ExxonMobil affiliate and its co-venture partners in its Papua New Guinea LNG Project. The charters are for MOL’s two existing 177,000 cubic meter capacity LNG carriers…

Canada Proposed to Regulate Arctic Traffic Zone

Mar 05, 2010

Canada’s Transport Minister John Baird announced that as part of Canada’s Northern Strategy, the federal government is proposing a regulated Arctic traffic zone, requiring certain vessels to report information to authorities as they pass through Canada’s northern waters…

Nordic American Receives Vessel No. 18

Mar 05, 2010

Nordic American Tanker Shipping Ltd. (NYSE: NAT) took delivery on March 2 of the suezmax vessel that the company agreed to acquire in November 2009. The double hull suezmax vessel has been named Nordic Passat. Including the Nordic Passat, the…

This Day in Coast Guard History – March 5

Mar 05, 2010

1881- The crew of Life-Saving Station No. 10, Ninth District (Louisville), won acclaim with a dangerous rescue at the wreck of James D. Parker, a well-known river boat lost in the Indiana chute of the Ohio Falls.  She was a stern-wheel steamer…

This Day in Naval History – March 5

Mar 05, 2010

1942 - Name 'Seabees' and insignia officially authorized1943 - USS Bogue begins first anti-submarine operations by escort carrier.1960 - USS Newport News (CA-148) and personnel from Port Lyautey complete emergency relief operatons at Agadir…

Liner Diameter Measurement Instrument

Mar 04, 2010

Chris-Marine AB has launched a new Liner Diameter Measurement Instrument (LDM) in order to quickly investigate the condition in cylinder liners for 2-stroke engines. The main advantage of this new LDM is that the cylinder head or exhaust valve housing does not need to be removed…

Wärtsilä for Eight Chinese Bulk Carriers

Mar 04, 2010

Wärtsilä's two-stroke engines have been chosen for eight Chinese bulk carriers. The order was placed by Beijing-based Minsheng Financial Leasing Co. Ltd. Wärtsilä's Chinese licensee, Hefei Rong'An Power Machinery Co Ltd (Rong'An), a member of…

Logistics News

Seafarers Stranded Off Yemen After US-Houthi Ceasefire Deal

Seafarers Stranded Off Yemen After US-Houthi Ceasefire Deal

Maersk Warns Global Container Volumes Could Drop Due to Trade War

Maersk Warns Global Container Volumes Could Drop Due to Trade War

Near-Record US Container Imports in April Expected to Snap in May Due to Tariffs

Near-Record US Container Imports in April Expected to Snap in May Due to Tariffs

New IMO Designation for the Mediterranean Sea Helps Bring More Doba Crude to Europe

New IMO Designation for the Mediterranean Sea Helps Bring More Doba Crude to Europe

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Tariffs are expected to end the near-record US container import streak in May
Sources say that the US and Russia are exploring ways to restore Russian gas to Europe.
Initial report: Cause of Heathrow fire shutdown still unknown