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NNS Stacks Office with Food Christmas Trees

Dec 24, 2012

Newport News Shipbuilding employees donate food for the poor at Christmas, filling offices from desk to door.Huntington Ingalls Industries' Newport News Shipbuilding (NNS) division donated more than $23,500 and more than 31,000 pounds of…

Hudson River Damaged Tankship Anchored Safely

Dec 24, 2012

The Coast Guard continues to oversee the response to damaged motor tanker 'Stena Primorsk' on the Hudson River near Stuyvesant, N.Y.Coast Guard Sector New York was notified Thursday that the 600-foot motor tanker, Stena Primorsk, began listing…

Single-handed Yuletide Southern Ocean

Dec 24, 2012

Close to the hypothetical half-way mark Francois Gabart (MACIF) and Armel Le Cléac’h (Banque Populaire) lead the Vendée Globe 2012/13 race.After separating briefly on Saturday, Francois Gabart (MACIF) and Armel Le Cléac’h (Banque Populaire)…

Long Term Somali Pirate Hostages Freed

Dec 23, 2012

Twenty-two hostages seized by pirates nearly three years ago have been freed from the Panama-flagged 'MV Iceberg One'.Authorities in Somalia's semi-autonomous region of Puntland informed the BBC that their maritime force began the operation…

Alaska Drill Rig Refit Contract Terminated

Dec 23, 2012

Buccaneer Energy contextualizes termination of its contract with Archer Drilling as project manager of work on one of its jack-up rigs.The contract was for Archer Drilling to act as project manager of modifications and repairs to the Endeavour…

Container Tracking: Market Leader States Strategy

Dec 23, 2012

Gatekeeper USA, Inc. explains its marketplace and its innovation in container tracking and security.Containers account for 95% of U.S. import-export shipboard cargo. It is estimated there are 200 million shipboard trips annually among seaports around the world…

Wärtsilä AQUARIUS®UV BWMS Type Approved

Dec 23, 2012

Wärtsilä's AQUARIUS® UV Ballast Water Management System (BWMS) has been granted Type Approval in accordance with the 2004 IMO Convention.This approval endorses Wärtsilä’s BWMS market entry and provides ship owners with greater cost effective…

Ingalls Shipbuilding: Gulf Coast Santa to Needy

Dec 23, 2012

Ingalls Shipbuilding brings holiday cheer to communities through employee donations and $15,000 to local food banks.Huntington Ingalls Industries' Ingalls Shipbuilding division and its employees have participated in holiday giving throughout all of the communities on the Gulf Coast…

Goa Shipyard Hands Over India Naval OSPV

Dec 23, 2012

The first of the new 105 meter class of Naval Offshore Patrol Vessel to be commissioned  INS Saryu' handed over to the Indian Navy.The new vessel, indigenously designed in-house and built by Goa Shipyard Ltd. was handed over in a simple ceremony in Goa by RAdm (Retd) Vineet Bakhshi…

Malaysia Port Operators Seek Growth in New Markets

Dec 23, 2012

Westports Malaysia, operator of the country’s busiest port, Port Klang looks to potential markets in SE Asian countries to expand container business.Chief executive officer, Ruben Emir Gnanalingam, considered that despite the slowing down of demand in Europe…

UK Shipping Carbon Budget Decision Deferred

Dec 23, 2012

UK Government announce its decision on international aviation and shipping emissions.Government will defer a decision on whether to include international aviation and shipping emissions in carbon budgets until the setting of the fifth carbon budget in 2016…

HIgh LNG Freight Rates Possibly Short-term

Dec 23, 2012

Market analysis suggests winter demand could cause LNG freight rates to rise but downward pressure might later be forthcoming.Rising LNG prices, almost stagnant liquefaction capacity amid expanding regasification capacity and development…

New Bulker, Drawdown Loans Actioned by Diana Shipping

Dec 23, 2012

Diana Shipping Inc. signs MOU to buy a new-building bulk ship from a third party; subsidiaries negotiate term loan facilities.The new-building Kamsarmax dry bulk carrier, to be named Myrto of 82,131 dwt, was built by Tsuneishi Shipbuilding Co…

Drilling Rig Status Update from Rowan

Dec 23, 2012

Rowan Companies plc gives an update on notable events. EXL I:  Changed day rate to mid $220s (previously mid $210s) due to amortization adjustment. J.P. Bussell:  Rig is expected to be off rate for five days in 1Q 2013. Scooter…

COSCO China Shipyard to Build Four PSV's

Dec 23, 2012

COSCO Singapore subsidiary COSCO Zhoushan contracted with further opetion to build four Rolls Royce design Platform Supply Vessels (PSV's).The value of the contract with a Hong Kong shipowner, is about US$119.2 million in total, and deliveries are expected to begin in the first half of 2014…

Logistics News

COSCO Seeks Veto Power in Global Port Deal

COSCO Seeks Veto Power in Global Port Deal

Valenciaport Imports/Exports Rise, Offsetting Drop in Transhipment

Valenciaport Imports/Exports Rise, Offsetting Drop in Transhipment

Port of Barcelona Enhances Security and Efficiency With Genetec Technology

Port of Barcelona Enhances Security and Efficiency With Genetec Technology

New BIMCO Clause Addresses USTR Actions

New BIMCO Clause Addresses USTR Actions

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Maguire: Key US electricity prices and output trends to 2025.
In the next few days, we should see a resolution to the US-Mexico Aviation dispute
Officials are concerned about the increasing number of drone incidents near US stadiums and airports.