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Rolls-Royce Strikes Deal to Power 10 U.S. Navy LCS

Jan 17, 2011

Rolls-Royce announced the contract to supply gas turbines and waterjets for 10 of the U.S. Navy’s Littoral Combat Ships (LCS) – the Group’s largest ever marine naval surface ship contract. Designed to operate in combat zones close to the shore (littoral waters)…

Hudong-Zhonghua Selected to Build LNG Carriers

Jan 17, 2011

Exxon Mobil Corporation (ExxonMobil) and Mitsui O.S.K. Lines, Ltd. (MOL) announced today that they have selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong), a subsidiary of China State Shipbuilding Corporation, to build four LNG carriers in…

Concordia Maritime in Chartering Deal for Aframax Tankers

Jan 14, 2011

Concordia Maritime participates with 50% in time charter contracts for two Aframax tankers with high ice class (1A). The contracts are made by Stena Bulk. An Aframax vessel is around 110 000 dead weight tons and carries mostly crude oil…

Teekay Announces Senior Management Appointments

Jan 14, 2011

Teekay Corporation (Teekay or the Company) (NYSE:TK) announced that its current President of its Shuttle Tanker and FSO business unit, Kenneth Hvid, has been appointed to the position of Executive Vice President and Chief Strategy Officer effective April 1…

Nordic Tankers, WOMAR establish “Nordic Womar” JV

Jan 14, 2011

Nordic Tankers A/S and WOMAR Logistics Pte. Ltd. have reached an agreement to establish a jointly owned independent pool management company with the name of “Nordic Womar”. Nordic Womar will initially manage two pools of coated chemical tankers with a total of approximately 40 vessels in the 10…

Gladding-Hearn Starts Building for service to Dry Tortugas

Jan 13, 2011

Having recently signed a new 10-year contract with the National Park Service (NPS) for passenger service between Key West, Fla., and the Dry Tortugas National Park, Massachusetts-based Yankee Fleet has ordered a new 250-passenger, high-speed catamaran from Gladding-Hearn Shipbuilding…

Star Bulk: Financing for Cape Size Newbuild

Jan 13, 2011

Star Bulk Carriers Corp. (NASDAQ: SBLK), announced that debt finance had been agreed for a pair of  Capesize newbuildings.The Company signed commitment letters with a major European bank for senior debt financing of both capesize vessels, currently under construction…

Diana Shipping Time Charter for M/V Melite

Jan 13, 2011

Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the transportation of dry bulk cargoes, today announced that it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk carriers…

USCG Publishes Outer Continental Shelf Notice of Arrival Rule

Jan 13, 2011

WASHINGTON — The U.S. Coast Guard announced Thursday publication in the Federal Register of an outer continental shelf notice of arrival rule designed to enhance maritime domain awareness over outer continental shelf activities.This final rule enhances maritime security and safety by requiring U…

Newbury Joins STX Canada Marine

Jan 10, 2011

STX Canada Marine is pleased to announce that Scott Newbury will be joining their team in January. Scott brings with him a wealth of experience in performance and safety evaluations of marine vehicles and offshore structures for government and commercial clients…

Tidewater Selects ABS Nautical Systems

Jan 10, 2011

ABS Nautical Systems was selected by Tidewater Inc. to trial its fleet management software. With this partnership, ABS Nautical Systems intends to become Tidewater’s global fleet management software provider.  Tidewater would be replacing an…

Rep. Gifford’s Husband, Captain Mark E. Kelly, is USMMA Alum

Jan 10, 2011

The U.S. Merchant Marine Academy (USMMA) in Kings Point, NY, was particularly close to the shooting this weekend of U.S. Rep. Gabrielle Giffords, as her husband is U.S. Navy Captain Mark E. Kelly, a NASA Astronaut born in West Orange, NJ, and…

STX France Gets Contracts for Europa 2

Jan 10, 2011

STX France received an order to build a luxury cruise ship, the EUROPA 2. The new ship is being acquired by a third-party proprietary company outside the TUI group at the French STX shipyard and will enter service in 2013.  The vessel, that…

Atanasio Named President, CEO of Alfa Laval, Inc.

Jan 07, 2011

<p>John Atanasio was appointed President and CEO of Alfa Laval Inc., responsible for leading Alfa Laval in the USA to drive profitable growth in its markets, leveraging the company&rsquo;s key technologies of heat transfer, separation and fluid handling…

Wilhelmsen Ships Service acquires Nalfleet

Jan 06, 2011

Wilhelmsen Ships Service has signed a definitive agreement to acquire Nalfleet, the marine division of Nalco, the world's largest sustainability services company. Together with its Unitor chemical range, this will further strengthen and enhance Wilhelmsen Ships Service’s marine chemicals portfolio…

Logistics News

Ship Design, Maritime Accidents and There’s a Master on the Run

Ship Design, Maritime Accidents and There’s a Master on the Run

Maersk: Effective US Tariffs Average Around 21% Currently

Maersk: Effective US Tariffs Average Around 21% Currently

US Grain Shipments Surge 9% in face of Chinese Tariffs

US Grain Shipments Surge 9% in face of Chinese Tariffs

Great Lakes Limestone Trade Up in June

Great Lakes Limestone Trade Up in June

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