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Kirby Corp. Announces Record 3Q Results

Oct 30, 2014

Record 2014 third quarter earnings per share of $1.34 compared with $1.21 in the 2013 third quarter, which included a $0.08 benefit due to the reduction of the United earnout liability.Kirby Corporation announced record net earnings attributable to Kirby for the third quarter ended September 30…

Hyundai Heavy Plummets to Worse Loss Ever

Oct 30, 2014

South Korea's Hyundai Heavy Industries Co Ltd, the world's biggest shipbuilder, slid to a record quarterly loss of $1.8 billion and warned it's heading for its worst-ever year as cost overruns mount up in new business lines it developed to counter a global glut of low-margin ship orders…

USCG Suspends Search for the 2 Migrants

Oct 30, 2014

The Coast Guard suspended its search Wednesday at 3 p.m. for two missing Cuban migrants in the vicinity of Caesar Creek, Florida, to Haulover Inlet, Florida. 'Our Coast Guard men and women worked tirelessly looking for the two missing Cuban migrants…

Danny Broad Appointed to ARENA Board

Oct 30, 2014

The Chair, Board members and staff of the Australian Renewable Energy Agency (ARENA) are delighted to advise that Danny Broad has been appointed by the Australian Government to the Board of ARENA.Mr Broad has commercial management experience in the power…

First Libra Offshore Oil Well Confirms Discovery

Oct 30, 2014

Libra consortium reports that drilling the first well in the area extension of Libra, the 3-BRSA-1255-RJS (3-RJS-731), confirmed the discovery of good quality oil in the northwestern part of the structure .Well, informally known as NW1…

Monitoring U.S. Troops Returning from Ebola Mission

Oct 30, 2014

Secretary Hagel has signed an order that validated a recommendation from the Joint Chiefs of Staff to place all U.S. military service members returning from Ebola response efforts in West Africa into a 21-day controlled monitoring regimen…

Maersk Interceptor Named in Norway

Oct 30, 2014

In a ceremony held at GMC Marine Partners yard in Mekjarvik in Norway, Mrs. Anita Utseth, Senior Vice President in Det norske oljeselskab ASA (Det norske) had the honour of naming the ultra harsh environment jack-up rig Maersk Interceptor…

Eurodam Tops in USPH Inspections

Oct 30, 2014

Holland America Line’s ms Eurodam achieved a perfect score of 100 on a recent routine United States Public Health (USPH) inspection conducted by the U.S. Centers for Disease Control and Prevention. This achievement marks the seventh consecutive perfect score for the ship…

Fincantieri & Vittoria Shipyard Join Forces

Oct 30, 2014

During the 24th edition of Euronaval, the most prestigious event in the world for naval defense, Fincantieri, one of the major shipbuilding groups worldwide, and Vittoria Shipyard, located in Adria (Rovigo), specialized in naval vessels, and cargo ships up to 100 meters in length…

Danaos Corp. 3Q & 9M Results

Oct 30, 2014

Danaos Corporation, a leading international owner of containerships, today reported unaudited results for the period ended September 30, 2014. Highlights for the Third Quarter and Nine Months Ended September 30, 2014:* Operating revenues of $139…

Warships Heading to Albany

Oct 30, 2014

HMAS Stuart and Japanese Defense Ship Kirisame departed Fleet Base West late yesterday to participate in the Albany Convoy Commemorative Event this weekend. The event will commemorate the 100th anniversary of the departure of the first…

Aquarius MAS with Marine Solar Power Installed on Delos

Oct 30, 2014

Eco Marine Power together with strategic partners has installed an Aquarius Management & Automation System (MAS) integrated with a marine solar panel array on-board the Blue Star 'Delos'. The Aquarius MAS has been installed as part of a joint…

Mercy Ships Founder Receives Service Award

Oct 29, 2014

Don Stephens presented with award from Points of Light with recognition for more than 35 years of leading Mercy Ships volunteers in more than 70 countries Mercy Ships, a global charity based in Garden Valley, Texas, operates the world’s largest civilian hospital ship…

St. Lawrence Seaway Receives Strike Notice

Oct 29, 2014

The St. Lawrence Seaway Management Corporation (SLSMC) was served a 72-hour notice to strike by UNIFOR, a group representing the Seaway’s 460 unionized employees. The notice, which was issued Tuesday, October 28, indicates that the union intends to begin strike action as of 12:15 p…

Korean Register to Drive LNG Fuelled Shipping

Oct 29, 2014

Korean Register (KR) will work alongside the Asia-Pacific Economic Cooperation Secretariat (APEC) to promote the use of LNG fuelled ships in the APEC region.APEC has awarded a contract to KR to further the understanding of the current state…

Logistics News

By the Numbers: Container Fleet Capacity to Top 34 Million TEU

By the Numbers: Container Fleet Capacity to Top 34 Million TEU

Floating Titanium Lattice Could Out-Perform Steel and Plastic

Floating Titanium Lattice Could Out-Perform Steel and Plastic

Nuclear Power Considered for Transatlantic Container Route

Nuclear Power Considered for Transatlantic Container Route

Oceanbird to Install Wing Sails on M/V Way Forward

Oceanbird to Install Wing Sails on M/V Way Forward

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Iran's website shows that more ships are blacklisted for trying to pass through the Hormuz Strait.
Trump will meet with the CEOs of the travel industry to discuss tourism.
Sources: Ethiopian Airlines is close to ordering Boeing cargo planes