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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…

Seafarer Heroism Honored at AOTOS Event

Nov 10, 2011

Five separate episodes of heroism and bravery on the high seas were recognized at the 42nd annual United Seamen's Service Admiral of the Ocean Sea (AOTOS) dinner. The AOTOS event itself honored James L. Henry, Chairman and President of the Transportation Institute…

Maritime Academy Foundation Receives Grant

Nov 10, 2011

The Maritime Academy of Toledo Foundation Receives $25,000 First Energy Job Training Grant from City of Toledo.Ms. Renee A. Marazon, CEO, The Maritime Academy of Toledo Foundation today announced that The Foundation’s Cruise Ship Professional Development and required U…

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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