The Youth Maritime Training Association (YMTA) is a non-discriminating nonprofit organization dedicated to promoting and supporting students who wish to pursue careers in the maritime industry including the marine sciences.The YMTA offers…
Crowley Liner Services, Inc. (Crowley) has entered into a settlement agreement with the plaintiffs in the Puerto Rican Cabotage Antitrust Litigation. Although the company specifically denied violating the antitrust laws, it agreed to the settlement given the high cost and burden of litigation…
Despite the difficult economic climate, the Port of Kiel handled 4.86 million tons of cargo in 2009, nearly reaching its 2008 handling figure of 4.91 million tons. Individual business sectors developed in different ways. The handling of bulk cargo…
Horizon Lines, Inc. (NYSE:HRZ) announced that it reduced funded debt by $38.1m during the fourth quarter and completed its fiscal year with $28m less in funded debt than a year ago.The company achieved stronger-than-projected free cash flow during the fourth quarter ended December 20…
This spring Derecktor Shipyards of Connecticut will put its’ newly expanded dry dock to work. The dock will allow the yard to fully service vessels up to 4,000 long tons, 400 ft in length, 82 ft in beam and 20 ft draft. The expanded dry dock…
Braemar Shipping Services plc isued its Interim Management Statement in relation to the period since the six months ending 31 August 2009. The group has benefited from a dry bulk market which has been stronger than many expected during much of 2009…
KCS International, Inc., the parent company of Cruisers Yachts and Rampage Sport Fishing Yachts, announced it has hired back 100 of its employees to work on new orders for both brands, and to help complete the 2011 prototype of the 470 Cruisers Yachts Sports Coupe…
helmsen Ships Service is supporting the work of the Nautical Technical Training Academy (NTTA) by providing a range of the company’s Unitor branded safety equipment including a brand new liferaft. The liferaft will be used in the academy’s crew training facility to teach the Basic Safety course…
The Rawasi and Morooj, a pair of RAstar 3800 Class high performance terminal/escort tugs, have just entered service with their Owner, Bakri Navigation Co. Ltd. of Jeddah, Saudi Arabia. Both tugs were built by NGV Tech Sdn. Bhd. in Malaysia…
Imtech has been awarded a design & build contract for the high-tech climate technology aboard the new Queen Elizabeth Class aircraft carriers being built for the British Royal Navy. The order represents a value of more than about $187m. The ships…
Aveva (LSE:AVV) announced the release of Aveva Hull Finite Element Modeller, a new addition to the Aveva Marine portfolio which accelerates and simplifies the stress analysis of ship structures. Ship designers use of Finite Element Analysis…
On January 12, the Board of Directors of Waterways Council, Inc. (WCI) voted unanimously to endorse the recommendations of the industry-U.S. Army Corps of Engineers Inland Marine Transportation System Capital Investment Strategy Team for a 20-year Capital Development Plan…
Genco Shipping & Trading Limited (NYSE:GNK) announced that it has reached an agreement to enter into a time charter for the Genco Augustus, a 2007-built Capesize vessel, with Cargill International S.A. for approximately 10.5 to 12.5 months at a rate of $39…
1953- A Coast Guard PBM seaplane crashed during takeoff after having rescued 11 survivors from a ditched U .S. Navy aircraft shot down off the coast of mainland China. A total of nine servicemen lost their lives in this crash, including five Coast Guardsmen…
1911 - First aircraft landing on board a ship, USS Pennsylvania by Eugene Ely.1962 - After a flash fire in the Persian Gulf on Danish tanker, Prima Maersk, burned a crewman, USS Duxbury Bay transfers a Navy doctor to help the Danish crewman…
