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Safe Bulkers, Early Termination of Charter

Jan 04, 2010

Safe Bulkers, Inc. (NYSE: SB), announced that it has agreed to terminate the existing charter of the Kamsarmax-class vessel Pedhoulas Merchant. The charter was contractually due to expire in November 2010. Following this agreement, the vessel…

USCG Foundation Honors Lockheed Martin

Jan 04, 2010

The Coast Guard Foundation, a non-profit organization committed to the education, welfare and morale of all Coast Guard members and their families, announced that it has recognized Lockheed Martin Corporation as its largest corporate donor. Honored for lifetime gifts exceeding $2m…

MOL President’s 2010 New Year Message

Jan 04, 2010

MOL President, Akimitsu Ashida published the following 2010 New Year Message:A Happy New Year to all in our MOL Group companies.There is a Japanese saying, “ichiyo-raifuku” (the return of spring), meaning that “the winter has left and the spring has come”…

Doosan to Doubles Profit in 2010

Jan 04, 2010

According to a Jan. 3 report from The Korean Times, Doosan Group has set this year's operating profit target at $1.4b, up 100 percent from 2009, group chairman Park Yong-hyun said Dec. 31. The conglomorate is aiming to reap $1.7b in total sales for 2010…

Putin Plans $700M Shipyards for Far East

Jan 04, 2010

According to a Jan. 4 report from the Moscow Times, Prime Minister Vladimir Putin announced plans for the state-run United Shipbuilding Corporation to build two major infrastructure projects with foreign partners, with investments of a combined $700m…

Two Ships Seized Off Somali Coast

Jan 04, 2010

According to a Jan. 2 report from Voice of America News, authorities say Somali pirates have hijacked a British-flagged cargo ship transporting cars and a chemical tanker from Singapore. The cargo ship Asian Glory was reported to have been hijacked along with 25-member crew late on Jan…

Yanmar Centre Ridderkerk New Outlet

Jan 04, 2010

Diesel Techniek Rotterdam BV in Ridderkerk, generally known as DTR Yanmar Centre, will open on January 3 the doors of a new outlet.  The company’s activities will all be combined at this address. Diesel Techniek Rotterdam is the official dealer of Yanmar…

Port of Tacoma Year-End Update

Jan 04, 2010

On Dec. 31, Timothy J. Farrell, Executive Director of the Port of Tacoma, issued the following statement updating stakeholders on progress being made at the port:Five years ago, I promised that the Port of Tacoma would take care of our customers…

New USACE Contracts

Jan 04, 2010

Zachry Construction Corp., San Antonio, Texas, was awarded on Dec. 21, 2009, a $22,376,777 firm-fixed-price contract for construct channel improvement, mission reach, Phase 2a.  Work will be performed in San Antonio, Texas, with an estimated completion date of Feb…

Adjusted Ownership Split in West Qurna 2

Jan 04, 2010

29 December 2009 Lukoil and Statoil initialised the contract with Iraqi authorities for the West Qurna 2 field. Lukoil and Statoil have agreed to adjust the ownership split, increasing Statoil’s share from 15 % to 25 %. Lukoil’s share is reduced to 75 %…

Drydocks World Dubai Delivers Polarcus Nadia

Jan 04, 2010

Drydocks World - Dubai has delivered the Polarcus Nadia, the most advanced seismic vessel built at the yard to date. The vessel, first of a series of four vessels to be built at Drydocks World – Dubai (DDW-D), is to be part of the Polarcus fleet…

Jensen Maritime Designs Two New Barges

Jan 04, 2010

Jensen Maritime Consultants, Inc., a Crowley company, has designed two new barges for Global Marine Transportation, Inc. Both 10,000-barrel tank barges are scheduled to be constructed and delivered in 2010. Designed for lightering services, the barges are being built by Trinity Marine Products…

Cathelco Systems for Entire Navy Vessel Class

Jan 04, 2010

Cathelco have supplied marine pipework anti-fouling systems for a complete class of fleet replenishment oilers serving the United States Navy. The 14 Henry J. Kaiser Class vessels are operated by the Military Sealift Command and provide underway replenishment of fuel for U…

This Day in Coast Guard History – Jan 4

Jan 04, 2010

1897- Assistance to lost persons near Oak Island, New York.  At 8:30 p.m. the keeper received word  by telephone that a gentleman and two ladies, who had left the station at 4 p.m. In a small boat making for the mainland, they had not yet reached their home…

This Day in Naval History – Jan 4

Jan 04, 2010

1910 - Commissioning of USS Michigan (BB-27), the first U.S. dreadnought battleship.1863 - Blockading ship USS Quaker City captures sloop Mercury carrying despatches emphasizing desperate plight of the South.1989 - Aircraft (VF-32) from USS John F…

Logistics News

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

Interferry Spotlights Thai Maritime Leader Ahead of the International Day for Women in Maritime

Interferry Spotlights Thai Maritime Leader Ahead of the International Day for Women in Maritime

Logistical Bottlenecks Threaten Competitiveness of Brazilian Agribusiness

Logistical Bottlenecks Threaten Competitiveness of Brazilian Agribusiness

Africa Global Logistics to Invest in Inland Logistics

Africa Global Logistics to Invest in Inland Logistics

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