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Life Sentence for Somali Pirates

Dec 16, 2011

Somalis Sentenced to Life in Prison on Charges Relating to Piracy of the S/V Quest. Mohamud Hirs Issa Ali, a/k/a Sanadaaq, 32, and Jilani Abdiali, a/k/a Ilkasse, 20, both of Somalia, were sentenced today in Norfolk federal court to life in prison for their acts of piracy against the S/V Quest…

LR Statutory Alert: Bio-Fuels

Dec 16, 2011

Statutory alert: Changes to the requirements for the carriage of blends of petroleum oil and bio-fuels.Applicabilty: All owners, operators and charterers of vessels carrying MARPOL bio-fuels and bio-fuel blend cargoes in bulk The 62nd…

Inland Awards Conferred in Paducah

Dec 16, 2011

The Seamen’s Church Institute (SCI), organized the 12th Annual River Bell Awards Luncheon in Paducah, KY on Thursday, December 8, 2011. The awards paid tribute to three individuals whose labors have significantly enriched America’s waterways…

Kirby Expands With Three New Units

Dec 16, 2011

Kirby Corporation Announces Purchase of Three Coastwise Tank Barge and Tug Units; Purchased Seaboats, Inc. coastwise tank barge fleet consisting of three 80,000 barrel tank barge and tug units for $42.3 million in cash. Kirby Corporation has…

GL Launches Pocket Guide for MLC 2006

Dec 16, 2011

With a sweeping reach and wide ranging application the Maritime Labour Convention, 2006 (MLC 2006) will have a significant impact on shipowners, managers, crewing agencies and most importantly the seafarers on-board. At its entry into force…

Tanker Rates Remain in the Doldrums

Dec 16, 2011

Returns for VLCCs fell for a third consectutive day to the lowest level in a month, as the supply of vessels exceeded cargo demand, according to a recent Bloomberg report. Daily income for VLCCs on the Saudi Arabia-to-Japan voyage declined 2…

Arctic Surveys Yielding Data and Savings

Dec 16, 2011

U.S.-Canada Arctic Ocean survey partnership saved costs, increased data; 2011 mission concludes joint seafloor survey operations. A recent mission marked the completion of a five-year collaboration between the United States and Canada to survey the Arctic Ocean…

U.S. DOT Funds $62 Million in Port Grants

Dec 16, 2011

Port Projects Awarded $62 Million in TIGER III Infrastructure Grants; Critical importance of connective infrastructure to America’s seaports recognized.U.S. Transportation Secretary Ray LaHood today announced that 46 transportation projects…

Shipping Confidence Builds Despite Eurozone Fears

Dec 16, 2011

Overall confidence levels and the likelihood of major new investments in the shipping industry in the next 12 months picked up marginally in the quarter ended November 2011, according to the latest Shipping Confidence Survey from leading accountant and shipping adviser Moore Stephens…

Idled Containership Numbers Rises

Dec 16, 2011

According to a report from Bloomberg, the number of container ships idled rose to the highest level in 18 months as the supply of vessels expanded and trade growth slowed, citing information from Alphaliner.According to the report, 210 ships with a combined carrying capacity of 526…

OGX, OSX: Countdown for the First Oil

Dec 16, 2011

OGX, the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, and OSX, a private Brazilian corporation that provides equipment and services to the offshore oil and natural gas industry via integrated operations in naval construction…

IMarEST Role in Marine Mining

Dec 15, 2011

Marine mining, featured on the Institute of Marine Engineering, Science and Technology’s (IMarEST) Technical Activities Hot Topics Register, has added an important sustainability credential with the adoption of the revised ‘Code for the Environmental…

Army Takes Delivery of Fire/Rescue Boat

Dec 15, 2011

U.S. Army Takes Delivery of New Fire/Rescue boat from Gladding-Hearn.Gladding-Hearn Shipbuilding, Duclos Corporation has delivered a new high-speed fire/rescue boat to the U.S. Army. The all-aluminum vessel, designed jointly by the Somerset…

Secure Waters Offers Trip Threat Reports

Dec 15, 2011

The Maritime Security Council has accredited the on-demand trip threat reports. Piracy continues to be a major problem affecting large yachts and worldwide shipping concerns.  Pirate attacks are spreading from the Gulf of Aden/Indian Ocean east to Asia and to the west coast of Africa…

Ocean Rig UDW: Olympia Contract Novated

Dec 15, 2011

Ocean Rig UDW (NASDAQ: ORIG) announced that the remainder of the existing drilling contract with Vanco for the 6th generation drillship Ocean Rig Olympia has been novated to a Europe based operator for drilling offshore West Africa. The remaining duration provides for  120 days of work…

Logistics News

Cocoa Prices Jump as Ivorian Port Arrivals Crawl

Cocoa Prices Jump as Ivorian Port Arrivals Crawl

d’AMICO Orders Pair of Eco Design Vessels

d’AMICO Orders Pair of Eco Design Vessels

Great Ships of 2025: Frederick Paup

Great Ships of 2025: Frederick Paup

WAPS Make Wind Blow for Vessel Decarbonization

WAPS Make Wind Blow for Vessel Decarbonization

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