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COSCO Deliver Two China-built Bulk Carriers

Jan 07, 2013

COSCO Corporation (Singapore) subsidiary shipyards in China deliver bulk carriers to two European buyers.COSCO (Dalian) Shipyard Co., Ltd has delivered a bulk carrier of 92,500 dwt, Sicilian Express, a post-panamax bulk carrier and the last…

Kort Propulsion Appoints Senior Sales Exec.

Jan 07, 2013

David Dalgleish appointed Senior Sales Executive by Kort Propulsion Ltd, a UK company founded by the inventor of the Kort Nozzle.Managing Director David Parsons said: ' I am pleased to announce the appointment of David Dalgleish as Senior Sales Executive…

Azipod Slip Ring Order for Cavotec

Jan 07, 2013

Cavotec wins order from ABB for twenty compact Marine Propulsion Slip ring (MPS) units to be fitted to advanced Azipod marine propulsion systems.Under the terms of this project, Cavotec is scheduled to complete deliveries of the MPS units to ABB by the beginning of Q2 2013…

UniversalPegasus Names New Business Development Director

Jan 07, 2013

Terry Mienie has been named Business Development Director UK & international by Houston headquartered UniversalPegasus International (UPI).Craig Pierrotti, Senior Vice President of Business Development announces the appointment of Terry Mienie…

Hi-speed Subsea Drill Reaming System Success

Jan 07, 2013

Aberdeen-based Deep Casing Tools, completes  first operation of its 'Turbocaser' in the Norwegian North Sea, with a successful 21 hour reaming run. The Turbocaser™ Express is a high-speed drillable reaming system that enables drilling teams…

Strainstall Undertakes Transfer VMMS Trial

Jan 07, 2013

New Vessel Motion Monitoring System (VMMS) – developed by James Fisher group company Strainstall Marine – provides accurate motion and impact load monitoring with a  data logging capability; Increases safety and operational efficiency during…

Moore Stephens Says Banks Will Take a Firmer Grip

Jan 07, 2013

International accountant and shipping consultant Moore Stephens says the banks will exert more control over the shipping industry in 2013. It also expects vessel values to fall further, and the cost of regulatory compliance to increase.Moore Stephens partner Julian Wilkinson says…

LR Statuatory Alert:

Jan 07, 2013

Amendments to the IAMSAR Manual to come into effect on 1 July, 2013.Applicability: All shipowners, operators and managers.Amendments to the International Aeronautical and Maritime Search and Rescue (IAMSAR) Manual will come into effect on 1 July…

VLOC Delivered to Oman Shipping Co.

Jan 07, 2013

Oman Shipping Company (OSC) has taken delivery of its third Very Large Ore Carrier (VLOC) 'Vale Saham' in China.The giant bulk carrier will be used to transport iron ore from Brazil to Sohar, Oman. OSC has one more vessel of its class under…

First Middle East Call for Juggernaut Containership

Jan 07, 2013

Khorfakkan Container Terminal (KCT) became the first terminal operator in the Middle East to handle the world’s largest container ship, 'CMA CGM Marco Polo'.With a length of four standard football pitches (396 metres), 54 metres beam and requiring a draft of 16m…

Russian Offshore Hiatus: But World's No.1 Oil Producer

Jan 07, 2013

Still no Arctic offshore oil from the Prirazlomnaya platform, but Russia keeps the position as the world’s largest oil producer.Prirazlomnaya field in the eastern Barents Sea was supposed to be the first operating offshore oil production…

Latest US Navy Contracts

Jan 07, 2013

US Department of Defense awards New Year contracts to BAE Systems & Science Applications International Corp.BAE Systems Norfolk Ship Repair, Norfolk, Va., was awarded a US$50,180,546 undefinitized contract action as a modification to a…

Singapore Navy Submarine Returns from Swedish Refit

Jan 07, 2013

The Singapore Navy's second 'Archer-class' submarine 'RSS Swordsman'  returns to Singapore after upgrading.The Republic of Singapore Navy's (RSN)  Archer-class submarine, RSS Swordsman, has arrived at Changi Naval Base (CNB) from Sweden…

Lake 3D Seismic Survey Contract for TGS

Jan 07, 2013

TGS, through its wholly-owned subsidiary Arcis Seismic Solutions, begins multi-client energy survey of Ille Lake in Central Alberta, Canada.The lake, popular with anglers and nature-lovers, covers 180 km2 (70 mi2) in the deep basin of Central Alberta…

Lack of Committed Charters Cause of MOL's Losses

Jan 07, 2013

In his New Year message, Mitsui O.S.K. Lines President Muto predicts loss in 2013 of same magnitude as last year, suggests new business model.Excerpts from Mr. Muto's message follow:'The marine transport industry has faced a challenging…

Logistics News

Global Shipping's Q3 Outlook Centers on Geopolitical Instability (again)

Global Shipping's Q3 Outlook Centers on Geopolitical Instability (again)

Tideworks Technology’s Traffic Control Solution Deployed at Florida International Terminal

Tideworks Technology’s Traffic Control Solution Deployed at Florida International Terminal

Port of Oakland June Container Volume Declines Due to Global Uncertainties

Port of Oakland June Container Volume Declines Due to Global Uncertainties

DP World Expands Black Sea Operations, Halving Romania-Turkey Shipping Times

DP World Expands Black Sea Operations, Halving Romania-Turkey Shipping Times

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