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Latest News - page 2252

 

First Minister Launches Bibby Offshore New HQ

May 29, 2013

First Minister of Scotland, Alex Salmond, officially opened subsea installation contractor Bibby Offshore’s new purpose-built headquarters, Atmosphere One.The company recently relocated from Aberdeen Harbour to the new office facility at Prospect Park…

MAN Engines Power New Brazil-built Suezmax Tankship

May 29, 2013

MAN Diesel & Turbo diesel engines power the tanker, the second PROMEF ship built by Estaleiro Atlantico Sul (EAS).Powered by an MAN B&W 6S70ME-C type prime mover and 3 × MAN 7L23/30H auxiliary engines, the delivery ceremony of the ‘Zumbi dos…

Hurry! Test Your Satellite Phone

May 29, 2013

Iridium's 'Test Your Satellite Phone Week': May 26 - June 1, 2013.Now in its seventh year, the annual Test Your Satellite Phone program was established by Iridium to support first responders, emergency workers, government agencies and anyone…

Container Shipping Rates Continue to Plummet

May 29, 2013

Due to overcapacity & economic turmoil in the market, the market index for 40ft containers has taken a massive dip, 44% from May 2012.Xeneta, the price comparison service for sea freight, found that the average container freight rates from Asia to North-Europe continues to drop to $2…

IYRS Boatbuilding Grads Row Their Own Boats

May 29, 2013

Students from the IYRS Boatbuilding & Restoration Program will launch their careers, along with the boats they restored this past year as they graduate June 1, 2013.International sports figure and North Sails President Ken Read will help mark…

Maersk Deliver Antarctica 'White Gold' to Europe

May 29, 2013

The 'white gold' is in the form of deep ice cores taken for scientific research from the south polar region for delivery to a Belgian university.The sensitive shipment required global collaboration across several Maersk Line teams. 
Samples of ice…

PVA Make Alaskan Harbor Seal Protest

May 29, 2013

The Passenger Vessel Association (PVA) says existing voluntary Code of Conduct sufficient to protect Alaskan Harbor Seals.PVA has submitted written comments to the National Oceanic and Atmospheric Administration (NOAA) urging that the agency…

Ultrapetrol to Refinance, Sells 7 Barges

May 29, 2013

In related recent announcements Ultrapetrol (Bahamas) says it intends to offer secured Notes, & has completed the sale of 7 barges.Ultrapetrol (Bahamas) an industrial transportation company serving marine transportation needs in three markets (River Business…

Offshore Equipment Firm Acquisition by Forum Energy

May 29, 2013

Houston-based Forum Energy Technologies agrees to acquire Blohm + Voss Oil Tools from STAR Capital Partners Limited (STAR), a London based private equity firm.Completion of the transaction is subject to certain customary closing conditions…

Greek Shipowners Hit by Tax Changes

May 29, 2013

Greek shipowners must now pay tonnage tax on ships operating under flags other than the Greek flag which are managed by companies based in Greece, or offshore companies which have a branch in Greece, operating under Law 89 of the Greek constitution…

Gulf Coast Shipyard Group Investment by Littlejohn

May 28, 2013

Littlejohn & Co., LLC, a private investment firm based in Greenwich, CT, has made an equity investment in Gulf Coast Shipyard Group, Inc.Gulf Coast Shipyard Group, is a manufacturer of a variety of ocean-going and inland marine vessels for…

Seadrill Record Best-ever Quarterly Result

May 28, 2013

Seadrill announces favourable first quarter 2013 financial results. Highlights    •    Seadrill records its best operating quarterly result ever and generates first quarter 2013 EBITDA*) of US$713 million    •    First quarter 2013 net income of US$440 million and earnings per share of US$0…

Tall Ships in Great Lakes Battle Bicentennial

May 28, 2013

18 Tall Ships from around the world to navigate into the Western Basin of Lake Erie for 'The Battle of Lake Erie Bicentennial,' Aug. 29, 2013.From Norway to Duluth, Minnesota, the tall ships of the past now call ports from all over the world home…

New SIM Card Connects Absent Seafarers

May 28, 2013

G2 Crew Services, the J/V  between Griffin and GAC, teams with iVitta to provide a cell phone SIM that covers more than 1,000 ports worldwide.'Web access on board vessels remains the exception rather than the rule and most crew rely on text…

Navy Awards BAE Funding for USS Russell Dry-Docking

May 28, 2013

Amongst the latest Department of Defense, Navy, contracts, BAE gains contract modification for work on warship DDG 59's extended drydocking.BAE Systems San Diego Ship Repair Inc., San Diego, Calif., was awarded May 24, 2013, a $49,796,139…

Logistics News

Rafael Reis Appointed as VP Operations at Hanseatic Global Terminals Latin America

Rafael Reis Appointed as VP Operations at Hanseatic Global Terminals Latin America

Russia Strikes Five Vessels in Ports Along Ukrainian Black Sea

Russia Strikes Five Vessels in Ports Along Ukrainian Black Sea

Russian Oil Freight Rates Spike On Security Risks, Vessel Availability

Russian Oil Freight Rates Spike On Security Risks, Vessel Availability

Rigid Wingsail Retrofit Successfully Completed Aboard Bulk Carrier

Rigid Wingsail Retrofit Successfully Completed Aboard Bulk Carrier

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New York Times Business News - August 26,
Father of sailor on US aircraft carrier released from immigration detention
Six months after the war began, the US-Iran conflict has descended into a trench-war on energy: Bousso