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Drewry: Container Schedule Reliability Improvement

Nov 10, 2011

Container service reliability improved for the second quarter in a row during the third quarter of 2011, according to Drewry Maritime Research’s latest Schedule Reliability Insight report. The report is the longest established independent survey…

Jotron Consultas Chosen by D/S Norden

Nov 10, 2011

D/S NORDEN A/S selected the Norwegian-based Jotron Consultas AS as their future provider of fleet management software. The two parties have signed an agreement which includes rollout of latest v.4 of the Consultas Fleet Management software suite for fleet and office…

BSEE Director Bromwich Addresses IADC Conference

Nov 10, 2011

Bureau of Safety and Environmental Enforcement (BSEE) Director Michael R. Bromwich delivered remarks today during the International Association of Drilling Contractors’ Drilling and Production Keynote Breakfast here. Director Bromwich discussed…

Euroseas Announces 3Q, 9 Month Results

Nov 10, 2011

Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today its results for the three and nine month periods ended September 30…

Damen Set to Launch New PSV Series

Nov 10, 2011

Damen Shipyards will unveil its new Platform Supply Vessel (PSV) at EUROPORT 2011 and will launch a complete PSV range in the next few months. The PSV 3300 E3 is a dedicated supply vessel to transport supplies to oil and gas rigs and is specifically…

Global Oil Demand Revised Downward

Nov 10, 2011

According to the International Energy Agency’s Monthly Oil Market Report, global demand for oil usage has been adjusted slightly downward, as persistent economic uncertainty and sustained high oil prices have simultaneously thwarted demand’s previous trek upward…

Grandweld Delivers 41M Crew Boat

Nov 10, 2011

Grandweld Shipyards commemorated the delivery of the second of three 41M crew boats in a ceremony held at Grandweld facility in Dubai Maritime City. This marks Grandweld’s seventh delivery in 2011. Global Queen, an advanced version of the 41m crew boat…

OceanWorks Names Business Development Manager

Nov 10, 2011

OceanWorks welcomes Keith La Rose to its team in the position of Business Development Manager – Military in Vancouver office.  Acting as Business Development Manager for the military industry, Keith’s primary function will be to expand OceanWorks’…

Great Eastern Company cancels Ship Order

Nov 10, 2011

According to a report on www.myiris.com, Greatship Global Offshore Services (GGOS), a Singapore incorporated subsidiary of the company`s subsidiary - Greatship (India) (GIL), had signed contracts for two new building multipurpose support vessels (Builder`s Yard No…

$9.2B Order for Russian Shipyard

Nov 10, 2011

According to a report on the Moscow Times (www.themoscowtimes.com) Prime Minister Vladimir Putin oversaw the signing of seven contracts totaling $9.2B between the Defense Ministry and the United Shipbuilding Corporation at the Sevmash shipyard this week…

UK Shipyard Orders Second Tube Bender

Nov 10, 2011

A second state-of-the-art tube bending machine has been ordered by BAE Systems Submarine Solutions to support the construction of the UK's Astute class nuclear-powered submarines. The new tube bending machine is an all-electric model with precision software-controlled servomotor movement…

Chinese Shipyards: Tough Times Navigating Economic Turmoil

Nov 10, 2011

While China has spent more than a decade building the world's largest capacity, it is today faced with an economic downturn that proves to be the first true test of how it will navigate a serious downturn in new ship orders. Accroding to Reuters report…

Dutch-Belgian-Trading GmbH acquires SevenCs GmbH and ChartWorld GmbH

Nov 10, 2011

Dutch-Belgian-Trading GmbH (DBT) has acquired Hamburg based SevenCs GmbH and ChartWorld GmbH from Admiralty Holdings Limited (AHL), a wholly-controlled subsidiary of the United Kingdom Hydrographic Office (UKHO).Mr. Jochen Rudolph, Managing Director of DBT…

Maersk Tankers: 13% Employment for 2012

Nov 10, 2011

According to Bloomberg report, Maersk Tankers, the oil and gas shipping unit of A.P. Moeller-Maersk A/S, has secured employment for about 13%of its fleet’s earning days next year, compared with 24 percent for the remainder of 2011.  (Bloomberg)

The Will to Help...

Nov 10, 2011

Maritime Organization Claims Smaller Charities are Suffering from Fall in Legacy Giving Ahead of Make a Will Month. Surrey based Maritime charity the Royal Alfred Seafarers’ Society, which provides vital residential, nursing and specialist dementia care to former seafarers…

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

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Czech billionaire Kretinsky appointed Royal Mail chairman
Petroperu accelerates the talks with Amazon Oil Block Partner
Sources say that Kazakhstan's TCO has shipped the first oil from Kazakhstan to Germany via Druzhba.