Commitments Secured to Move Forward with Refinancing; Consummation of Transaction Expected by the End of September.Horizon Lines, Inc. announced that it has entered into a definitive agreement and secured commitments from holders of more than 99% of its 4…
Initial deal worth $165 million; $300 million for 6 additional newbuilds and another $500 million for acquisitions also approved. Harvey Gulf International Marine announced Saturday that it will sign a deal for three LNG vessels to be built by Signal Shipbuilding…
U.S. Secretary of Transportation Ray LaHood today announced the appointment of 29 members to the new Marine Transportation System National Advisory Council (MTSNAC), established to advise the Department on matters relating to marine transportation…
On August 24, 2011, a three-judge panel of the U.S. Court of Appeals for the 7th Circuit refused to issue a preliminary injunction to force the closure of locks on the Chicago Area Waterway System (CAWS). The case stems from the controversy…
Oil Spill Averted from Derelict Vessel in Columbia RiverThe final section of a once proud WWII Liberty Ship was removed from the Columbia River today by Ballard Diving & Salvage under the direction of the United States Coast Guard and unified…
On July 25th, Donjon Marine Co., Inc. was awarded a contract to salvage and return to owners the 100-foot passenger ferry Royal Miss Belmar, which grounded on approach to St. Thomas, Virgin Islands, on July 4th. Donjon mobilized its 400-ton capacity derrick barge Columbia…
The most recent Loop Current eddy to halt operations in the Gulf of Mexico with 4.0+ knot currents shows no sign of letting up any time soon. In support of multiple projects, Horizon Marine has mobilized three of its ocean current monitoring systems to provide fine-scale monitoring of Eddy Hadal*…
The CMA CGM Corporate Foundation has joined forces with the World Food Programme (WFP), the United Nations agency at the forefront in the fight against hunger, to transport aid to the Horn of Africa, which is suffering its worst drought and famine for decades…
GL Garrad Hassan has appointed Mr Rajsekhar Budhavarapu as the new Country Manager of GL Garrad Hassan India. Mr Budhavarapu will be based in Bangalore, India and will develop local services and support for designers, manufacturers, developers and investors of renewable energy projects…
The Marine Machinery Association will hold its 27 Annual Meeting at the Sofitel Hotel in Philadelphia on October 4 and 5, 2011. Vice Admiral Kevin McCoy will be the kick-off speaker to be followed by Fred Harris, CEO of NASSCO, and Roy Arnold…
Cooperation Agreement to provide their 5th type-specific ECDIS training solution. With the pressure on to train seafarers in the use of ECDIS, the online simulation training company Safebridge is in negotiation with various ECDIS suppliers to offer online…
Navy Capt. Charles “Gene” Emmert has relieved Navy Capt. Wesley Brown as commander of Military Sealift Command’s Indian Ocean-based Maritime Prepositioning Ship Squadron Two.Emmert, the squadron’s 27th commander, accepted command during a…
During the past 12 months the industry’s most widely used standard contract for the sale and purchase of secondhand ships, SALEFORM 93, has been the subject of a revision process by the Norwegian Shipbrokers Association (NSA) and BIMCO. The…
The world’s demand for safe and clean energy continues to grow, with renewable sources playing an every greater role. Wind power generation, having expanding offshore, is now not only looking out but up. International renewable energy consultancy…
Largest class to graduate Austal’s Apprenticeship ProgramAustal USA honored graduates of Austal’s cutting-edge four-year apprenticeship program with a banquet at the Arthur R. Outlaw Mobile Convention Center in Mobile, Alabama. The 38 graduates…
