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Latest News - page 2959

 

CG Urges Caution as Hurricane Bill Approaches

Aug 21, 2009

With Hurricane Bill expected to pass along the Atlantic coast this weekend, the Coast Guard is stressing the importance of safety for boaters and swimmers during the hurricane season.Hurricanes can create dangers in the water, such as rip currents and large waves…

2009 NMEA Convention & Expo

Aug 21, 2009

The National Marine Electronics Association (NMEA) will hold its 2009 NMEA Convention & Expo Sept. 30 - Oct .2, 2009, at the Sanibel Harbour Resort in Fort Myers, Fla. “The NMEA Convention & Expo is very valuable for everyone involved in the industry…

This Day in Naval History – August 20

Aug 21, 2009

1912 - Birthday of Dental Corps1945 - First surrender of Japanese garrison at end of World War II; USS Levy receives surrender of Mille Atoll in Marshall Islands1980 - USS Passumpsic rescues 28 Vietnamese refugees(Source: Navy News Service)

Shipbuilders Rally as Hope Builds

Jul 16, 2009

Shipbuilder stocks in Korea rallied today, apparently fueled on hopes the shipbuilding industry had hit bottom in the second quarter and that demand for new vessels may revive as world economies stabilize, according to a Reuters report. Reuters…

ESAB’s Florence Hub Undergoes Restructuring

Jul 15, 2009

ESAB Welding & Cutting Products has announced a restructuring of its Florence, SC manufacturing operations. By the end of 2009, the manufacture of gantry cutting machines, arc equipment and plasma power supplies will be transitioned to other global factories…

Four Ferries Commissioned in Istanbul

Jul 15, 2009

In reaction to the increasing commuter traffic on the Bosporus, the municipal ferry enterprise IDO in Istanbul has commissioned four doubleended ferries with two Voith Schneider Propellers each. The four ferries operate on the route between…

Somali Pirates Hijack Crude Carrier

Jul 15, 2009

Somali pirates have recently hijacked an Indian ship and used it to launch an unsuccessful attack on a Liberian-flagged oil tanker in the Gulf of Aden, according to VOA News. The large crude carrier Elephant is similar to the Saudi-owned Sirius…

Hearing for Fleet Management Pilot

Jul 15, 2009

According to the San Francisco Chronicle, federal prosecutors told a judge that the pilot of the container ship that struck the Bay Bridge in November 2007 ignored basic safety precautions, lied to licensing authorities about his prescription drug use…

ENav: Improved Training and Auditing Will Enhance Navigation Safety

Jul 15, 2009

Modern electronic navigation systems have the potential to improve vessel navigation safety and ruce accidents.  The potential of these new systems is unlikely to be realiz, however, if the officers keeping the navigation watch are not fully train and properly qualifi in their use…

Largest New Shipping Order

Jul 15, 2009

China's largest private shipbuilder has signed this year’s biggest deal in terms of dead weight tons, according to the company. Jiangsu Rongsheng Heavy Industries Group signed a contract Friday with Oman Shipping to build four iron ore carriers…

Petra Joins Owner’s Galaxy

Jul 15, 2009

The Petra Galaxy, designed by Conan Wu and Asscoiates, is the latest vessel to join the fleet of Perdana Venus Ltd. of the Marshall Islands. The 75-by-20m maintenance/work vessel has approximately 700 sq. m. of open deck space with an intended capacity of five tons per sq…

Awarded: $17.1m in U.S. Shipyard Grants

Jul 09, 2009

The U.S. Department of Transportation’s Maritime Administration today announced $17.1 million in grants to 14 small shipyards in 10 states.  The grants are part of the Assistance to Small Shipyards program.“Small shipyards are vitally important for the health of the maritime industry…

Production Begins at Tyrihans

Jul 08, 2009

StatoilHydro has begun production from the Tyrihans oil and gas field in the Norwegian Sea. The new field comprises Tyrihans South, an oil field with a gas cap, and Tyrihans North, a gas and condensate discovery with a thin oil zone. The recoverable…

Sevan Driller Completed

Jul 07, 2009

On June 28, the Sevan Driller, first circular drilling rig prepared for drilling at a water depth of almost 4,200 m was named at COSCO Shipyard Group's Qidong Shipyard. A grand naming ceremony was held at the site to celebrate the completion…

Polemis Elected to Stevens Board of Trustees

Jul 07, 2009

Spyros M. Polemis, an international business leader who has spent more than 45 years in the shipping industry, has been elected to serve on the Stevens Institute of Technology Board of Trustees. Mr. Polemis was named to the board during its spring meeting…

Logistics News

Delayed Start to Ivory Coast Cocoa Crop Could Congest Ports

Delayed Start to Ivory Coast Cocoa Crop Could Congest Ports

Aramco Offers Oil Loadings Outside Hormuz, Cargoes Head to China

Aramco Offers Oil Loadings Outside Hormuz, Cargoes Head to China

Corn, Wheat Reach Multi-Year Highs Amidst US Crop, Black Sea Export Worries

Corn, Wheat Reach Multi-Year Highs Amidst US Crop, Black Sea Export Worries

Seventy Vessels Wait to Load Grain Near Sulina Canal

Seventy Vessels Wait to Load Grain Near Sulina Canal

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CPC Blend oil set to export 1.5 million barrels a day in September on Karachaganak Maintenance
According to a railway operator, Ukraine's grain imports are down 60% this month as compared to July.
French and Benelux stocks - Factors to watch for on August 27