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GeoSea acquires HOCHTIEF Offshore Assets

Oct 18, 2014

DEME’s marine engineering specialist GeoSea acquires offshore assets of HOCHTIEF, one of Germany’s leading international construction groups. HOCHTIEF is selling offshore assets to marine contractor and long-term partner GeoSea. GeoSea has…

COWI NA Merges its Marine Companies

Oct 17, 2014

Ben C. Gerwick, Inc. and Ocean and Coastal Consultants, Inc. merger creates new player in the North American marine engineering marketCOWI North America, Inc. (COWI NA) announced that its two marine companies, Ben C. Gerwick, Inc. and Ocean and Coastal Consultants…

Long Beach Officials on Trade Mission in Asia

Oct 17, 2014

Meeting with shipping lines to build business for Port of Long BeachLong Beach Mayor Robert Garcia, Harbor Commissioners and senior Harbor Department staff are traveling to several Asian countries, meeting with the Port of Long Beach’s key…

IMO to Review BWM System Type Approval Guidelines

Oct 17, 2014

As proposed by INTERTANKO and its industry partners, the IMO has agreed to commence a review of the ballast water management system (BWMS) type approval guidelines (G8) and at the same time agreed not to penalise those owners who have already…

Charity Selected for 2015 OTC Dinner

Oct 17, 2014

The Offshore Technology Conference (OTC) announces the 2015 beneficiary of the Annual OTC Dinner—the Independent Petroleum Association of America (IPAA) and the Petroleum Equipment & Services Association (PESA) Energy Education Center for the benefit of the Energy Institute High School…

Sims Joins Torqeedo Global Sales Team

Oct 17, 2014

Continuing to expand its global sales team, Torqeedo added Captain Todd Sims as its new global sales and product manager, hybrid systems. In this position, Sims will lead sales and create opportunities for the company's newest offering, the Deep Blue Hybrid system…

MOL Launches Ship Management, Training Businesses

Oct 17, 2014

Mitsui O.S.K. Lines, Ltd. (MOL) today announced that the company has established MOL Synergy Marine (Singapore) Pte. Ltd. jointly with Synergy Group , a ship management services group in Chennai, India, to provide ship management and crew training services…

First Indian Elected on WISTA Board

Oct 17, 2014

At the 34th WISTA International AGM & Conference held in Limassol, Cyprus, Sanjam Sahi Gupta, President of WISTA India was elected to the board of WISTA International.She is the first Indian lady and the youngest to be on the board.The…

ClassNK's Guidelines for Exhaust Gas Cleaning Systems

Oct 17, 2014

Leading classification society ClassNK announced that it has released Guidelines for Exhaust Gas Cleaning Systems.These guidelines cover class safety requirements as well as safety requirements stipulated in the IMO guidelines.The…

SCI onto Gujarat Coastal & Exim Container Trades

Oct 17, 2014

The Shipping Corporation of India Ltd. (SCI), a Government of India Enterprise, hosted an interactive session on Coastal & Exim container trades of Gujarat on 9th October, 2014 at Courtyard Marriott, Ahmedabad.Shri Arun Kumar Gupta, Chairman and Managing Director of SCI…

Ophir CFO Departs, Cost-Cutting cited

Oct 17, 2014

Ophir Energy's chief financial officer, Lisa Mitchell, will leave the company on Nov. 19 after her job was made redundant as part of a cost-saving reorganisation of the board announced in August, the company said on Friday.The oil explorer…

Northern Fleet’s Environmental Center in Arctic

Oct 17, 2014

The regional Environmental Center of the Northern Fleet will be established in the Arctic in the near future.The news agency TASS reported the news with reference to the Deputy Russian Defense Minister Army General Dmitry Bulgakov.According to the Deputy Defense Minister…

Size Restrictions Lifted in Mobile, Alabama

Oct 17, 2014

Salvage teams and the Army Corps of Engineers have positively identified the location of the sunken Dredge Tender NICHOLAS on the western (greenside) toe of the Mobile Ship Channel just south of Light 69.According to the U.S. Coast, Sector Mobile…

TEN Comments on Tanker Market Conditions

Oct 16, 2014

Crude price drop and dollar strength benefit TEN’s bottom line materially; third quarter financial results to be announced on November 21, 2014Crude, product and LNG tanker operator Tsakos Energy Navigation Ltd. (TEN) said today it believes…

Eagle Bulk Cuts Debt by 80%, Shares Skyrocket

Oct 16, 2014

Eagle Bulk Shipping Inc's shares shot up to as much as $15.46 from 68 cents as the company cut its borrowings by about 80 percent after converting debt into equity under a financial restructuring program.The stock was the top percentage gainer on the Nasdaq…

Logistics News

Israel Attacks Houthi Targets in Hodeidah Port

Israel Attacks Houthi Targets in Hodeidah Port

Britlift Launches New All-In-One Container Lifting System

Britlift Launches New All-In-One Container Lifting System

Port Houston Surpasses 2 Million TEUs in June, Looks Ahead to Maritime Conference

Port Houston Surpasses 2 Million TEUs in June, Looks Ahead to Maritime Conference

Greek-Managed Tankers Divert Around Africa to Avoid Red Sea Attacks

Greek-Managed Tankers Divert Around Africa to Avoid Red Sea Attacks

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