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Latest News - page 2590

 

Phil Cowan Returns to Moore Stephens

Jul 03, 2012

Corporate finance specialist Phil Cowan has returned to shipping accountant and consultant Moore Stephens as Head of Corporate Finance.Formerly Group CFO of V.Group Limited and Chairman of V.Ships Capital, Cowan has first-hand experience of ship management…

Wing Inflatables Receives DLA Excellence Award

Jul 03, 2012

Wing Inflatables has received a gold-level award for quality and performance from the Defense and Logistics Agency (DLA) Land and Maritime for 2011. Gold is the highest level achievable. The award was presented at a ceremony at the Hyatt Regency and Columbus Convention Center…

U.S. Transport Command Issues Multiple Awards

Jul 03, 2012

-  Maersk Line, Ltd., Norfolk, Va., is being awarded a $2,100,000,000 indefinite-delivery/indefinite-quantity fixed-price contract for international ocean and intermodal distribution services.  Work will be performed worldwide as specified on each individual order…

The Hearsay Portal: part 1 of 2

Jul 03, 2012

Dr. Jim Giermanski (Chairman, Powers Global Holdings, Inc.) and Chris Giermanski (Director of International Operations, Transportation Services, Inc.) weigh in on the balance between facilitating trade and guaranteeing cargo identity and quantity - and what CPB needs to do to achieve just that…

Drewry’s: Container Freight Rates Headed Higher

Jul 03, 2012

The recent successful implementation of significant rate restoration initiatives by carriers in the core east-west trade lanes means that most are now operating above break-even. Carriers took sufficient capacity out in the winter months to…

Cruise Ship Fires Indian Waiters

Jul 03, 2012

Owners of P&O Cruises 'Arcadia' dismiss Indian crew over pay protestP&O Cruises have sacked 150 Indian waiters for protesting wages as low as 75 pence per hour (US$1.17) – eight times below the national minimum, reports the 'Hindustan Times'…

IACS Releases Common Structural Rules for Comment

Jul 03, 2012

The International Association of Classification Societies (IACS) release draft harmonised common structural rules for industry commentThe Common Structural Rules (CSR) for Double Hull Oil Tankers and Bulk Carriers were adopted by IACS Council in December 2005 and came into force in April 2006…

Korean Shipbuilders' Orders Halved

Jul 02, 2012

Orders won by major South Korean shipbuilders halved in the first six months of 2012 from a year ago According to a 'Yonhap News Agency' report, the country's three biggest shipbuilders -- Hyundai Heavy Industries Co., Daewoo Shipbuilding & Marine Engineering Co…

This Day in Naval History - July 02

Jul 02, 2012

From the Navy News Service:  1923 - Commissioning of Naval Research Laboratory, Washington, D.C. 1926 - Distinguished Flying Cross authorized by Congress. 1937 - Amelia Earhart disappears in Pacific. Navy conducts extensive unsuccessful search…

Dynamic Positioning in Ice Research Project Gets Green Light

Jul 02, 2012

Kongsberg Maritime DP and simulation systems provide foundation for improving ice operations.The final piece of a CAD $8.5 million research project to improve DP operations in ice fell into place on May 23, 2012 when the Government of Canada announced a contribution of $3…

ISS: New Regional Team & Ops Division

Jul 02, 2012

Inchcape Shipping Services has announced its new regional team for Europe and North Africa following the creation of its new operations division. Reflecting ISS’ transition from eight regional profit centers within two hemispheres to four world regions and Japan…

Atlas Signs Agreement With Thunderbird

Jul 02, 2012

Atlas has announced a new partnership agreement with Thunderbird business school to become their first global partner in the UK.  The Aberdeen-headquartered firm has joined forces with Thunderbird School of Global Management in Glendale…

Sea Marshals Expands Operations Center

Jul 02, 2012

Sea Marshals has expanded its UK Operations Centre and introduced the latest tracking technology to protect vessels under its protection. The company has transferred its Operations Centre to larger premises in Cardiff to accommodate its growing team of security consultants…

BAE Sees Way to Replace GPS

Jul 02, 2012

BAE Systems unveils research on an advanced positioning system using existing transmissions to calculate accurately the user’s locationMilitary platforms commonly use Global Positioning Systems (GPS) to find their position and navigate. GPS…

GAPS Act now heads to the Senate

Jun 29, 2012

Congresswoman Hahn’s Port Security Bill Passes the House. Congresswoman Janice Hahn’s port security legislation has passed the U.S. House of Representatives by a vote of 411 to 9.  H.R. 4005 “Gauging American Port Security Act” or GAPS Act…

Logistics News

High Shipping Rates Pressures Asian Oil Refiners Dependent on Middle Eastern Crude

High Shipping Rates Pressures Asian Oil Refiners Dependent on Middle Eastern Crude

JPMorganChase Announces New Leadership for $1.5 Trillion Security and Resiliency Initiative

JPMorganChase Announces New Leadership for $1.5 Trillion Security and Resiliency Initiative

FMC Proposes Remedies to Counteract Unfavorable Spanish Shipping Conditions

FMC Proposes Remedies to Counteract Unfavorable Spanish Shipping Conditions

Most Efficient Inland Port System Named

Most Efficient Inland Port System Named

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