Latest News - page 2354

 

Big Ships Can Lose Big Money on Pumps

Nov 15, 2012

A  project by pump maufacturer Grundfos aboard a Lauritzen Bulkers cargo ship shows that large vessels could be losing money on wasted energy.The project, carried out on the 19,889-ton Durban Bulker, focused on efficiency in ship’s pumps…

New Evergreen Container Ship Christened 'Ever Lawful'

Nov 15, 2012

The seventh L-type containership for Evergreen Line, launched and named at Korea's Samsung Heavy Industries shipyard. The new ship  was christened by S.S. Lin, the Evergreen Group's First Vice Group Chairman, and the ceremonial rope cutting for the new 8…

Signet Maritime Promotes Captain Cliff Porter

Nov 15, 2012

Signet Maritime Corporation, vessel services & logistics providers, promote 31-year veteran  as General Manager, Traffic & Business Development.Previously Senior Manager of Traffic and Business Development for Signet’s Pascagoula Division…

WISTA UAE Group DP World Event

Nov 15, 2012

WISTA (Women’s International Shipping & Trading Association) UAE Chapter announce forthcoming meeting, port tour.WISTA is an international organisation for women in management positions involved in maritime transportation business and related trades…

Conrad Profits Up in Q3 2012

Nov 15, 2012

US-based shipyard Conrad Industries Inc. announce third quarter and 9 months ended 30, Sept. 2012 financial results and backlog.For the quarter ended September 30, 2012, Conrad had net income of $4.4 million and earnings per diluted share of $0…

USDOJ: BP Guilty in Deepwater Horizon Case

Nov 15, 2012

BP Exploration and Production Inc. Agrees to Plead Guilty to Felony Manslaughter, Environmental Crimes and Obstruction of Congress Surrounding Deepwater Horizon Incident; BP Agrees to Pay a Record $4 Billion in Criminal Fines and Penalties Two…

Crowley Mariners Recieve Heroism Award

Nov 15, 2012

Crew of Crowley-Managed Ocean Titan Awarded for Heroism at Sea with 2012 AOTOS Mariners’ Plaque. Officers and crewmembers of the Crowley Maritime Corp.-managed M/V Ocean Titan were recently honored with a 2012 Admiral of the Ocean Sea (AOTOS)…

First Nuclear-Powered Carrier Completes Last Deployment

Nov 15, 2012

“Nearly everything that can be said about this ship must be done in superlatives or in terms of the first, the largest, the fastest, greatest striking capability and highest operational flexibility.” - Secretary of the Navy John Connally, USS Enterprise commissioning ceremony…

BAE Sytems Agrees to Acquire Marine Hydraulics Intl.

Nov 15, 2012

BAE Systems  entered into a definitive agreement with American Maritime Holdings, Inc. to acquire Marine Hydraulics International, Inc. (“MHI”), a privately held company that operates a shipyard, pier and waterfront facilities in Norfolk, Va…

ISF Disappointment at Slow Implementation of ILO 185

Nov 15, 2012

The International Shipping Federation (ISF), which represents maritime employers globally, says that the low level of implementation of the International Labour Organization (ILO) Convention 185, concerning the facilitation of shore leave and crew transits…

British Navy Names New Fleet Support Ships

Nov 15, 2012

'Tide-class' the name given to four new Royal Fleet Auxiliary (RFA) tankers to serve as part of the RN's fleet replenshment programme.The 37,000-tonne ships will come into service from 2016 to replace the RFA's single-hulled tankers, and…

Tankship Owners OSG File Chapter 11 Process

Nov 15, 2012

Overseas Shipholding Group, Inc. starts Chapter 11 process to reduce debt & other financial obligations to create more solid financial foundation.The Chapter 11 petition for itself and certain operating subsidiaries was filed in the U.S…

Maersk Line Tops the Idlers League Table

Nov 15, 2012

Among container Carriers, Maersk Line currently has the largest number of vessels idle. A report by shipping analyst Alphaliner (Vol. 2012, Issue 46) reveals Maersk Line as the carrier with most vessels idled, currently 14 units with an aggregate capacity of 94…

New Icebreaker Could Keep Northern Sea Route Open

Nov 15, 2012

Russia's Baltic Shipyard starts construction of the first LK-60 nuclear-powered icebreaker.The LK-60 will be the largest and most powerful icebreaker ever built, making commercial traffic along the Northern Sea Route possible all year around…

Pirate Ship 'Black Pearl' Embarks on Piggy-Back Voyage

Nov 15, 2012

Yacht Path Marine Group were contracted to transport the 'Pirates of the Caribbean' 140-ft replica tall ship across two oceans.The 270-ton, 140-foot custom-build pirate ship 'Black Pearl', was loaded aboard a BBC heavy lift vessel in Barbers Point…

Logistics News

Port of Los Angeles Reports Busiest Month Ever

Port of Los Angeles Reports Busiest Month Ever

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

CK Hutchison: "Reasonable Chance" $22.8B Ports Sale Will Go Through

CK Hutchison: "Reasonable Chance" $22.8B Ports Sale Will Go Through

Bunker Sales Surge in Singapore

Bunker Sales Surge in Singapore

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Sources say Trafigura has withdrawn zinc from LME storages and is preparing to ship some of it to the US.
India's JSW Cement makes a 4% gain in its debut, with a valuation of $2.38 billion
WoodMac: US transformer shortage as demand for power surges.