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Korea's Daewoo Wins Offshore Drill Platform Order

Aug 20, 2012

Daewoo Shipbuilding & Marine Engineering (DSME) wins US$1.94-billion order.Daewoo Shipbuilding & Marine Engineering says it has won a 2.2 trillion won ($1.94 billion) contract to build five fixed drilling platforms for an unnamed Africa-based firm…

Landlocked Switzerland Employs Private Maritime Security

Aug 20, 2012

Swiss shipping operators confirm they employ armed security guards to protect their ships off Somalia & Gulf of Aden.Landlocked Switzerland plays a surprisingly prominent role in the commercial shipping scene. The Geneva-based Mediterranean Shipping Company operates 422 vessels…

Fatigue Afflicts US Navy LCS Crews

Aug 20, 2012

Head of Naval Surface Forces says officials looking closely at Littoral Combat Ship (LCS) manning in order to alleviate crew exhaustion.Recent disclosure of a closely held Navy study of LCS operations, indicated among the many issues identified…

China Shipyard Repairs Panama Canal Damaged Container Ship

Aug 20, 2012

German-owned 998-ft container ship 'Ilse Wulff' repaired in CIC Changxing Shipyard after touching bottom in the Panama Canal earlier in the year.Owners of the Ilse Wulff decided to combine the repair of bottom plating and a deformed propellor…

Rosneft Launches Environmentally Sensitive Pechora Sea Oil Search

Aug 20, 2012

A 3D CDP seismic survey covering 1,200 square km is being carried out by three field exploration parties from Yuzhmorgeologiya.Pechora Sea (Russian: Печо́рское мо́ре, or Pechorskoye More), is a sea at the northwest of Russia, the southeastern part of the Barents Sea…

Mississippi-like Low Water Levels Threaten Danube

Aug 20, 2012

Low water levels in Bulgarian sections of Europe's River Danube threaten navigation safety, ship commerce.Water levels continue to go down and threaten a full stop of any navigation, the Maritime Administration Executive Agency in Ruse warns…

Korean Dry Bulk Carrier Share Plunge Verified

Aug 19, 2012

A Singapore stock exhange error was at first suspected as shares in STX Pan Ocean Co. plunged 64%.The Singapore Exchange said there was no trading error behind the recent 64 percent plunge by shares of STX Pan Ocean Co. (STX), South Korea’s biggest dry-bulk carrier…

Polar Expedition Vessel the Sunken 'S.S. Terra Nova' Discovered

Aug 19, 2012

Schmidt Ocean Institute’s flagship 'R/V Falkor' locates the wreck of historic exploration ship off the coast of Greenland.During routine functional performance testing of the mutibeam mapping echosounders on the Schmidt Ocean Institute’s flagship R/V Falkor…

Korean Shipbuilders' Unsold Newbuilds

Aug 19, 2012

Korea's leading shipbuilders post declining profits in second quarter 2012, as well as a growing inventory of unsold vessels.Shipbuilders here have put unsold ships up for resale at below-market prices but are struggling to get them off the hands…

New Container Ship Named by Hapag-Lloyd

Aug 19, 2012

Hapag-Lloyd holds naming ceremony for 13,200 TEU flagship “Hamburg Express” at Hamburg Container Terminal (CTA).Hapag-Lloyd has recently held a naming ceremony for the “Hamburg Express”, first of ten new vessels in its new 13,200 TEU class…

Drilling Contractors Might Quit US Gulf Work

Aug 19, 2012

IADC Criticizes BSEE Policy for Citing Drilling ContractorsThe International Association of Drilling Contractors (IADC) say they are gravely concerned with the Interim Policy Document issued this week by the U.S. Bureau of Safety and Environmental Enforcement (BSEE)…

CAT Introduce New Engine Monitoring, Boat Tracking System

Aug 19, 2012

Caterpillar introduce a remote tracking, monitoring, & notification system, 'gplink' for Cat® powered yachts & other vessels.gplink protects vessels by monitoring engine operating parameters and engine diagnostic codes as well as on-board critical systems such as bilge levels…

Italian Shipyard Launches Its Largest Ship

Aug 19, 2012

Fincantieri launches 'Royal Princess' the new flagship of Princess Cruises's fleet at its Monfalcone shipyard.'Royal Princess', at 141,000 gross tons, 330 metres long and 38 metres wide, is the largest ship ever built by Fincantieri. It has 1…

Titanic Historical Collection on iPad

Aug 19, 2012

BiblioBoard offers 'Titanic: A Historical Collection' with  50+ books, images and articles to read on the iPad.Titanic: A Historical Collection offers early accounts of the Titanic sinking, works by and about Titanic passengers and more documents about the Titanic tragedy…

Greene Named VP at TOTE, Inc.

Aug 17, 2012

Retired Rear Admiral, U.S. Navy, Philip H. Greene, Jr., has been named vice president of TOTE, Inc. Greene will join TOTE, Inc. in early September 2012, leading efforts to further serve government and military accounts in the organization’s maritime…

Logistics News

AD Ports Group Reports Strong Q2

AD Ports Group Reports Strong Q2

Drone Attack Sparks Fire at Ust-Luga Port

Drone Attack Sparks Fire at Ust-Luga Port

Ukraine Offers Russia Truce in Black Sea

Ukraine Offers Russia Truce in Black Sea

Revised Jones Act Waiver Takes Effect August 17

Revised Jones Act Waiver Takes Effect August 17

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