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Update on Stricken Ship Hoegh Osaka

Jan 18, 2015

The stricken ship Hoegh Osaka continues to be stable and the salvors ongoing ballasting operations have now reduced the list to 48 degrees.The divers yesterday successfully carried out a limited inspection of the Hoegh Osaka’s hull. This…

21 dead, 1 missing after tug sinks in Yangtze

Jan 18, 2015

Chinese authorities have confirmed that 21 people were killed and one is still missing after a tug boat undergoing sea trials sank in the Yangtze River, the state-run Xinhua news agency reported on Saturday.The boat had 25 people on board when it sank on Thursday and three were rescued…

Exercise Obangame Express 2015

Jan 18, 2015

Maritime professionals from more than 20 maritime nations met in Garmisch-Partenkirchen, Germany, to finalize plans for Exercise Obangame Express 2015, Jan. 12, 2015.During the four-day meeting with representatives from 13 African nations…

BP on Gulf Oil Spill Trial

Jan 17, 2015

The United States District Court for the Eastern District of Louisiana yesterday ruled on the issues raised in the Phase 2 trial of the Deepwater Horizon case: the quantification of oil spilled and BP’s source control efforts following the accident…

Irving Shipbuilding Update

Jan 17, 2015

In a technical briefing with media in Ottawa this morning, representatives from Public Works Government Services Canada, the Canadian Navy and Irving Shipbuilding provided an overview of the Arctic Offshore Patrol ship program including the ship’s design and capability…

Dun & Bradstreet is First SBFE Certified Vendor

Jan 17, 2015

Dun & Bradstreet, the world's most trusted source of commercial data and insight, today became the first certified vendor of the Small Business Financial Exchange, Inc.'s wholly owned subsidiary SBFE, LLC. As an SBFE Certified Vendor™, Dun…

CMA CGM Agent in Montevideo Has Moved

Jan 17, 2015

CMA CGM URUGUAY (Montevideo office) has moved to the following address:CMA CGM URUGUAY25 de Mayo 747 2nd FloorCP 11.000MONTEVIDEOURUGUAYPlease note that phone numbers have changed too:Switchboard Phone: + 598 2901 7470

ST Engineering Wins $ 509 mi Contracts in 4Q2014

Jan 17, 2015

Singapore Technologies Engineering Ltd (ST Engineering) announced today that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics) has secured about $509m worth of contracts in the fourth quarter of 2014 (4Q2014) for Rail Electronics & Intelligent Transportation…

Brazil's QGEP, Petrobras return Exploration Block End Farm-in

Jan 16, 2015

Brazilian natural gas and oil producer QGEP Participacoes SA said on Friday it abandoned an offshore exploration block it owns with Brazil's sate-run oil company Petrobras after deciding continued exploration was not economically viable.The returned block…

ABB, Stadler Jointly Clinch $ 40 mi Orders

Jan 16, 2015

ABB traction technologies to drive reliable, energy-efficient trains destined for markets ranging from the United States to Europe’s highest mountain railway stationZurich, Switzerland, January 16, 2015 – ABB, the leading power and automation technology group…

New Sales Manager in Ulstein Verft

Jan 16, 2015

Trond Skodjevåg Bø was appointed new Sales Manager in Ulstein Verft on 14 January 2015. He comes from a position as Project Manager Sales in Ulstein Verft. Trond S. Bø has been employed in Ulstein Verft since November 2012.

Congress Won't Cool Fight Against Obama on Climate

Jan 16, 2015

Data showing the heating of Earth in 2104 to the highest level on record will do little to stop Republicans in the U.S. Congress from fighting President Barack Obama's use of executive powers to slow climate change.Republicans, who won control of the Senate in November's elections…

Ingalls Awards STEM Grants to Gulf Coast Schools

Jan 16, 2015

Ingalls Shipbuilding donates more than $102,000 in STEM grants to Gulf Coast schools Huntington Ingalls Industries’ Ingalls Shipbuilding division has awarded more than $102,000 in grants for 28 projects at schools and educational organizations in Mississippi and Alabama…

NMEA Names Reedenauer President, Executive Director

Jan 16, 2015

Mark Reedenauer has been promoted to president and executive director of the National Marine Electronics Association (NMEA), the gourp’s board of directors announced. Reedenauer will be responsible for all operations and activities of NMEA…

FMC: US Port Congestion a Top Priority

Jan 16, 2015

Federal Maritime Commission (FMC) Chairman Mario Cordero announced to staff January 13 that his priority for the Commission in 2015 is addressing congestion issues that are plaguing U.S. ports.  Starting in September 2014, FMC Commissioners…

Logistics News

Russian Oil Freight Rates to India Remain High

Russian Oil Freight Rates to India Remain High

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Baltic Index Hits Almost Five-Year High

Baltic Index Hits Almost Five-Year High

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US Senate Democrats ask Postal Service to stop work on new mail-in voting regulations
Portugal asks Air France, KLM and Lufthansa to improve their offers for TAP sale
Bild: German police investigate a new grid sabotage attack