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Billionaire Fredriksen Commits to Seadrill

Sep 19, 2014

Shipping billionaire John Fredriksen reaffirmed on Friday its commitment to Seadrill, the world's largest rig company by market capitalisation, whose shares have fallen a quarter in value since the beginning of the year.'I consider my stake…

Transas Simulators Boosts Western Shipping Training Center

Sep 19, 2014

Transas Marine Pacific has successfully completed the upgrade of a simulator complex for Western Shipping Pte. Ltd. training center.The simulator class was upgraded to the latest version of the Transas navigational simulator NTPRO 5000 to fully support ECDIS training as per STCW 2010…

USCG Cutter in Oregon Spill Drill

Sep 19, 2014

The crew of Coast Guard Cutter Fir, a 225-foot buoy tender homeported in Astoria, Oregon, participated in a Spilled Oil Response System exercise near Blake Island, Washington, Wednesday.The exercise was part of an annual response exercise…

AN/SPY-1 SSSA Completes Critical Design Review

Sep 19, 2014

The Critical Design Review (CDR) stage for AN/SPY-1 radar Solid-State Switch Assembly (SSSA)'s high voltage modulator completed Aug. 26, confirming that the design is expected to meet performance requirements. A CDR confirms the system is on track to achieve affordability and cost goals…

US Pollution Risks: Federal & State Summaries

Sep 19, 2014

The US Pollution Risks publication, recently published for its members by the UK P&I Club, compiles summaries of all the Federal and state requirements on liability, COFR requirements and vessel contingency plan requirements. Legal Briefings provide an overview of certain laws and regulations…

Gazprom Supplying Gas to Europe as Contracted

Sep 19, 2014

Alexey Miller reported to Vladimir Putin that European consumers were receiving gas supplies entirely in line with contractual obligations. The total accumulated gas supplies for export exceeded the planned amount by 3 billion cubic meters by early September…

South Carolina Ports Container Volume Up by 13%

Sep 19, 2014

SC Ports Authority reported container volumes up 13 percent fiscal year to date, a strong start to the first two months of the fiscal calendar.The SCPA handled 163,970 twenty-foot equivalent units (TEUs) in August, in increase from 144…

General Dynamics Wins US Navy Award for F/A-18 Mission Computers

Sep 19, 2014

General Dynamics Advanced Information Systems, a business unit of General Dynamics, was awarded a $16.2 million contract by the U.S. Navy to produce Type-3 Advanced Mission Computers (AMC) for the F/A-18 E/A-18G Super Hornet aircraft. Since 2002 General Dynamics has produced…

ZeoGas hires Foster Wheeler to Plan Gulf Coast Project

Sep 18, 2014

Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has entered into a Collaboration Agreement with ZeoGas LLC. In the first instance, Foster Wheeler will support ZeoGas’ final site selection…

ST Engineering Injects Capital into Leeboy India

Sep 18, 2014

Singapore Technologies Engineering Ltd (ST Engineering) announced today that its land systems arm, Singapore Technologies Kinetics Ltd has injected S$4.2m (equivalent to INR200m) into its wholly owned subsidiary, SDG Kinetics Pte Ltd (SDGK)…

Caterpillar to Participate in Citi 2014 Industrials Conference

Sep 18, 2014

Caterpillar Inc. Vice President with responsibility for Strategic Services Mike DeWalt and Director of Investor Relations Rich Moore will speak at the Citi 2014 Industrials Conference on Tuesday, September 23. They are scheduled to speak at 2:45 p…

Jet Edge Celebrates 30 Years in Waterjet Industry

Sep 18, 2014

Waterjet systems manufacturer Jet Edge, Inc. celebrated its 30th anniversary Sept. 3 with a special open house celebration. Jet Edge’s anniversary event included a special ribbon cutting ceremony courtesy of the I-94 West Chamber of Commerce…

TITAN Salvage Receives NAMEPA Award

Sep 18, 2014

The North American Marine Environment Protection Association (NAMEPA) announced earlier this month that Houston-based TITAN Salvage, a subsidiary of Crowley Maritime Corp., is the recipient of its 2014 Corporate Marine Environment Protection Award…

MM&P Hopes to Pad Ranks with Brown Water Mariners

Sep 18, 2014

New York Harbor Tug Boat Captains and Crews, Staten Island Ferry Workers, Circle Line and Other Tourist Boat Crews Vote on Joining New UnionUniting with the International Organization of Masters, Mates & Pilots will bring added clout, resources…

NRC Program Targets Vessel Operating Costs, Safety

Sep 18, 2014

Canada’s NRC creating solutions for the growing Canadian shipbuilding, military vessels, marine commercial transportation and offshore resource industriesAs marine experts gather for the Ocean’s 14 conference in St. John’s Newfoundland,…

Logistics News

Baku Port Handles 37% More Containers in 2025

Baku Port Handles 37% More Containers in 2025

International Flag-State Association Looks to Advancing Role in Policymaking

International Flag-State Association Looks to Advancing Role in Policymaking

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

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Officials say that the US is pursuing a third oil tanker near Venezuela
Baku container throughput to increase 37% by 2025, says port chief
Officials say that the US is pursuing a third oil tanker near Venezuela