Latest News - page 2547

 

Expanding Underwater Search Capabilities

Dec 30, 2011

Over the past year a number of Asian companies and government agencies have acquired underwater search equipment to aid in the location of lost objects and assist in performing survey operations. In China, Guangzhou Advanced Maritime Academy…

Captain Fined For Failing to Help Sinking Ship

Dec 27, 2011

According to a report in The Moscow Times, the captain of a vessel that passed by the sinking Bulgaria cruise ship without stopping to help rescue drowning passengers was fined $4,200, but avoided jail time, Interfax reported.A district court…

Shell: Bonga Oil Leak Largely Dispersed

Dec 27, 2011

SNEPCo confirmed the oil leak from the Bonga facility off the coast of Nigeria has largely dispersed. The news comes five days after less than 40,000 barrels of oil leaked during a routine operation to transfer of oil from Bonga’s floating production…

USCG Eases TWIC Requirements

Dec 26, 2011

The Coast Guard announced the publication of a policy letter that exempts a number of mariners from the requirement to obtain a Transportation Worker Identification Credential when renewing or obtaining a Coast Guard-issued merchant mariner credential…

TORM Sells Two Bulk Newbuilding Contracts

Dec 26, 2011

TORM has entered into an agreement to sell two Kamsarmax bulk newbuilding contracts. The two vessels contracted in 2007 were scheduled for delivery in the fourth quarter of 2012 and the first quarter of 2013 respectively. The agreement has a…

BSEE: Unannounced Spill Drill to Test Subsea Containment Response

Dec 22, 2011

The Bureau of Safety and Environmental Enforcement (BSEE) has completed the first unannounced oil spill drill since the reorganization of the former Minerals Management Service was completed on Oct. 1. The table-top drill, which took place last week…

EBDG Adds Staff

Dec 22, 2011

Elliott Bay Design Group (EBDG) said that Darren Monzingo has re-joined Elliott Bay Design Group.  Darren first joined EBDG in 2003, bringing marine engineering experience in both the military and commercial marine  sectors.  He works out of Tampa…

Keppel Wins $809m Contract from Sete Brasil

Dec 22, 2011

Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Fernvale Pte. Ltd., has secured a contract worth approximately $809m from Urca Drilling B.V., a subsidiary of Sete Brasil Participações S.A. (Sete Brasil), for the design and…

24m Catamaran Ferry Launches

Dec 22, 2011

Incat Crowther announced the launch of the 24m Catamaran Ferry Titiroa by Q-west Boatbuilders in Wanganui, New Zealand. The vessel has completed sea trials, and has been delivered to Real Journeys, who will operate the vessel on New Zealand’s South Island…

Aberdeen Harbor Plans to Invest $37.6m

Dec 22, 2011

The import and export of goods by sea remains a vital part of the regional economy of the north-east of Scotland and this has been demonstrated more than ever this year, with a positive rise in activity levels at the port. Next year is set for similar success…

Wärtsilä to Design for Brazil Pipe Laying Vessels

Dec 22, 2011

Wärtsilä will supply the design and propulsors/positioning system for a series of two new flexible pipe laying vessels (PLVs) for advanced operations. The vessels are to be built at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in the Republic of Korea…

DNV, KEMA Create Energy and Sustainability Company

Dec 22, 2011

DNV has acquired 74.3% of KEMA’s shares, creating a world-leading consulting and certification company within the cleaner energy, sustainability, power generation, transmission and distribution sectors.  DNV and KEMA will form an energy  consulting…

Bulk Carrier Charter Agreement With Morgan Stanley Capital Group

Dec 22, 2011

Paragon Shipping Inc. (NYSE: PRGN) entered into a fixed rate time charter agreement for its Panamax Vessel, M/V Coral Seas, with Morgan Stanley Capital Group Inc.  The M/V Coral Seas, a 2006 build, 74,477 dwt Panamax bulkcarrier, has been fixed to Morgan Stanley Capital Group Inc…

Launch Date Set for Two New Job Training Programs

Dec 22, 2011

Renee Marazon, CEO, The Maritime Academy of Toledo Foundation, said that applications for people interested in the Cruise Ship Professional Development and STCW Basic Safety Training Programs have been sent out, and that a launch date of  January 16…

Exmar to Accelerate Payment with LLOG

Dec 22, 2011

EXMAR said that following the terms of the Asset Purchase Agreement, LLOG and EXMAR have reached an agreement in principle whereby LLOG will accelerate the payments due on the sale of the OPTI-EX. EXMAR will receive a lump sum consideration…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

Subscribe for Maritime Logistics Professional E‑News

The rupee has its best week for over two years, as the dollar struggles to recover.
German industry leaders to meet with EU sector chiefs on sector challenges
Heathrow Airport in the UK increases revenue forecast by nearly $5 billion due to a rebound in travel demand