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Prelude Floating LNG Facility

Mar 12, 2010

Shell signed two contracts with the Technip and Samsung Heavy Industries consortium for the Prelude floating liquefied natural gas (LNG) project off the coast of Western Australia. These contracts formalize the announcement made by Shell in…

This Day in Coast Guard History – March 12

Mar 12, 2010

1955-  Effective this date, all foreign and domestic ships were required to give 24-hour advance notice to the local U.S. Coast Guard Captain of the Port before entering U.S. ports.  This order was designed to improve the U.S. Coast Guard's…

This Day in Naval History – March 12

Mar 12, 2010

1917 - All American merchant ships to be armed in war zones1942 - President Franklin D. Roosevelt designates Admiral Ernest J. King to serve as the Chief of Naval Operations, as well as the Commander-in-Chief, United States Fleet to which he was appointed on 30 December 1941…

Deep-Sea Robot Lost at Sea

Mar 11, 2010

A deep-sea exploration robot — one of the first successful submersible vehicles that was both unmanned and untethered to surface ships — was lost at sea Friday, March 5, on a research expedition off the coast of Chile. The 15-year-old Autonomous Benthic Explorer…

T&T Marine Salvage Responds to Oil Spill

Mar 11, 2010

T&T Marine Salvage helped clean up an oil spill after a collision between an oil tanker and a barge spilled 450,000 gallons of crude oil into the Sabine-Neches Waterway. T&T Marine Salvage responded to the oil spill by mobilizing 50 personnel…

MarineCFO Nominated, Tech Co. of the Year

Mar 11, 2010

MarineCFO has been nominated for the Louisiana Governor’s Technology Company of the Year Award. The Governor’s Technology Award honors organizations for their innovation and progress in the past year. MarineCFO has been nominated for the Technology Company of the Year Award…

Ocean Carriers, Others Pay Penalties

Mar 11, 2010

The Federal Maritime Commission announced four compromise agreements in which an ocean carrier and intermediaries agreed to pay a total of $625,000 in civil penalties for alleged violations of the Shipping Act of 1984. The agreements were reached…

Hijacked UBT Ocean Arrives off Somalia

Mar 11, 2010

On March 8, the chemical tanker Marshall Island flagged UBT Ocean hijacked on March 5, was reported to be in the vicinity off the pirate stronghold east of Haradere. UBT Ocean has a crew of 21 and they are all from Myanmar/Burma. UBT Ocean with deadweight of 9…

Chemical Carrier Modified to FPSO

Mar 11, 2010

Major modifications have been completed on the first floating production storage and offloading (FPSO) conversion in Mexico. The ECO III, classed by ABS, originally was built as a chemical carrier before being purchased by MARECSA (Maritima De Ecologia…

Seaspan Accepts Delivery of Two New Vessels

Mar 11, 2010

Seaspan Corporation (NYSE:SSW) announced the delivery of its 44th and 45th vessels, the Guayaquil Bridge and the COSCO Japan. The Guayaquil Bridge, a 2500 TEU vessel delivered on March 5, 2010, was built by Jiangsu Yangzijiang Shipbuilding Co…

Marlink's Sealink (TM) for Hellespont Tankers

Mar 11, 2010

Marlink, the global provider of satellite communications to the maritime industry, has recently signed a new five year agreement with Hellespont Hammonia GmbH & Co. KG. The contract includes the delivery and installation of Marlink's Sealink(TM)…

Ultrajet Power Three High-Speed Catamarans

Mar 11, 2010

Ultra Dynamics supplied three sets of twin UltraJet UJ377 Waterjet installations to South Boats for their New Mk II GRP 43/12m WFSV RRV Catamarans RRV Audrey, Offshore Response 1, and Spike Islander.  The GRP catamarans have all been tailored…

Stave Sales Manager at Ulstein Verft

Mar 11, 2010

Håvard Stave has been appointed the new sales manager at Ulstein Verft. For the past five years he was design manager at Ulstein Design, which became part of Ulstein Design & Solutions at the turn of the year. Before joining Ulstein Design,…

Jotun Reports Record Results

Mar 11, 2010

Jotun reported an operating profit of NOK 1.1 billion in 2009 as compared with NOK 0.9 billion for the previous year. Operating income increased from NOK 10.4 to NOK 11.2 billion. In litres and kilos, Jotun sold two per cent more paint than it did in 2008…

This Day in Coast Guard History – March 11

Mar 11, 2010

1941-  The Lend-Lease Program was inaugurated.  All 10 of the Coast Guard's Lake-class cutters were transferred to the Royal Navy under the program.  Two were lost in action against German forces.  These 250-foot cutters had been designed by…

Logistics News

Nigeria Increases US Crude Imports

Nigeria Increases US Crude Imports

US Container Imports Might See July Peak

US Container Imports Might See July Peak

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

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EIA: Puerto Rico's customers experience 27 hours of power outages per year, even in the absence of hurricanes
The FT reports that Centrica is the frontrunner in the $2 billion deal to purchase National Grid's Liquefied Natural Gas terminal.
Sources say Trafigura has withdrawn zinc from LME storages and is preparing to ship some of it to the US.