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London to Host International Shipping Week 2013

Nov 27, 2012

Maritime industry leaders from across the globe are expected to gather for a week of meetings and events in the capital.Welcoming the new initiative, Maritime London's chief executive, Doug Barrow, said that London International Shipping…

Seafarer's Congress Warned MLC Could be a 'Paper Tiger'

Nov 27, 2012

Dr Cleopatra Doumbia-Henry, of the International Labour Organisation doubted effectiveness of Maritime Labour Convention (MLC) 2006.Delegates at Apostleship of the Sea's 23rd international congress in the Vatican were told that the MLC 2006 was simply a tool that had to be used wisely…

UK's Victor Marine Customise Separator for Indian Navy

Nov 27, 2012

Victor Marine Ltd fulfill a significant order for a series of lightweight oily water separators for naval fast attack interceptor vessels.These lighter units have now been added to Victor Marine’s full range of products. Due to the weight constraints applied to this project…

IMO Sec-Gen Urges Concordia Enquiry to Reach Conclusion

Nov 27, 2012

In his opening address to the IMO's Maritime Safety Committee's 91st Session Mr. Koji Sekimizu pushes for publication of Costa Concordia accident report.An extract of the Secretary-General's remarks on the Costa Concordia issue follow:'As the loss of the Costa Concordia amply demonstrated…

US-based Coastal Energy to Place Second Offshore Thailand Rig

Nov 26, 2012

Coastal Energy Company, an independent exploration and production company with assets in Thailand, issues 2013 guidance.•    The Company expects operating expenses to average approximately $19.00 per bbl offshore Thailand, well below 2012…

Rolls-Royce Signs 'Environship' Ferry Agreement

Nov 26, 2012

Rolls-Royce sign a teaming agreement with Italian company Lauro Shipping to design new gas-powered Environship-concept ferries.This agreement marks the first time that a customer will utilise the Environship concept for a passenger vessel…

Scott Schmitz New Territory Manager for Twin Disc Mid-Atlantic

Nov 26, 2012

Mill Log Equipment Company DBA Twin Disc Mid-Atlantic hire Scott Schmitz as Territory Manager for the Northern Mid-Atlantic States.Twin Disc’s newest full service distributor, announce the hiring of Scott Schmitz as the Territory Manager for the Northern Mid-Atlantic States to include…

ISS Contracted to Support Offshore Greece LNG Exploration

Nov 26, 2012

Inchcape Shipping Services (ISS) appointed by Petroleum Geo-Services (PGS) to support a key marine seismic survey project in Greece.Under the three month research project, ISS Greece will provide marine services to the survey vessel ‘Nordic…

Fugro Introduces Electric ROV Version of Deepworks

Nov 26, 2012

Fugro has developed a new version of its DeepWorks ROV simulator for the Saab Seaeye family of electric ROVs.The new version supports console integration of the Seaeye Tiger, Lynx, Cougar XT and Panther XT/XT Plus models.To cater for the training needs of a mixed fleet of ROVs…

Latest US DofD Navy Contracts Listed

Nov 26, 2012

Contract announcements by U.S. Department of Defense (DofD) updated to 26, November 2012.BAE Systems Mayport, Jacksonville, Fla., is being awarded a $6,880,388 contract to perform maintenance and repair work including hull, machinery, electrical…

Offshore Work Under Extreme Conditions Research

Nov 26, 2012

University of Stavanger (UiS) is active in teaching, research and finding solutions for developing fields in areas with Arctic conditions.
The northward shift of Norway’s oil industry means it must adjust to temperatures down to -30°C, storms…

Dockwise to Review Merits of Intended Offer Boskalis

Nov 26, 2012

Dockwise Ltd. confirms it has received an unsolicited intended offer from Royal Boskalis Westminster N.V. ('Boskalis') for the acquisition of all outstanding shares of Dockwise at an offer price of EUR 17.20 per share cum dividend.  The…

ClassNK Announces PrimeManagement Seminars

Nov 26, 2012

ClassNK (Chairman and President: Noboru Ueda) has announced that it will be bringing its highly regarded PrimeManagement series of seminars to Turkey and Greece for the first time on November 28 and 29th respectively.  The seminars, which are offered free of charge…

Knightsbridge Sell Tankship

Nov 26, 2012

Knightsbridge Tankers Limited sells its VLCC 'Kengsington' to an unrelated 3rd party for delivery this month.The Company expects to record a gain of approximately $0.1 million in the fourth quarter having recorded an impairment loss of $13…

Unusually, Somalia Legally Detains Ship

Nov 26, 2012

Somali authorities have seized a North Korean vessel for allegedly dumping cement off the country's coast, & will prosecute.A North Korean-flagged ship and its crew were captured by the quasi-government of Puntland near the coast of the Puntland port city of Bossaso while discharging some 5…

Logistics News

Algorithm Accountability

Algorithm Accountability

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Maersk Raises Full-Year Profit Forecast

Maersk Raises Full-Year Profit Forecast

World’s First Green Ammonia Bunkering Operation Completed in Dalian

World’s First Green Ammonia Bunkering Operation Completed in Dalian

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