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Intermanager: Freedom of Choice in Deploying Ship's Armed Guards

Sep 15, 2011

InterManager members have called for more proactive methods to be developed in the protection of ships transiting pirate-infested trade lanes by launching a campaign to allow owners and third party managers the freedom of choice in employing armed guards onboard ships they manage…

Lawal Reappointed to Port Authority Commission

Sep 15, 2011

Top Business Leader Starts Seventh Term as City of Houston Appointee. The Houston City Council today unanimously reappointed businessman Kase Lawal to the Port Commission of the Port of Houston Authority for a seventh term. He was initially appointed in June 1999…

MARAD Hosts Public Outreach Meetings

Sep 15, 2011

MARAD Hosts Public Outreach Meetings for the Panama Canal Expansion Study and America’s Marine Highway Program.Maritime industry stakeholders are invited to participate in a series of day-long outreach sessions sponsored by the U.S. Department of Transportation's Maritime Administration (MARAD)…

U.S. Navy to Christen Military Vessel at Austal USA

Sep 15, 2011

U.S. Navy Christens New Military Vessel in Mobile, Alabama at Austal USA.The Navy will christen the Joint High Speed Vessel (JHSV) Spearhead Saturday, Sept. 17, 2011, during a 10 a.m. CDT ceremony in Mobile, Ala. Chief Warrant Officer 4 Kenneth Wahlman…

ZF Marine LLC takes delivery of ZF POD 4000 demonstration vessel

Sep 15, 2011

ZF Marine has taken delivery of a new 50 foot Viking Sportfishing yacht. The purpose of this vessel will be to demonstrate the ZF POD 4000 propulsion system. The vessel is equipped with two Caterpillar C18 engines each producing 1150 bhp. These engines are mated to ZF 500 series transmissions…

Horizon Lines Closes on Bridge Loan

Sep 14, 2011

Company Makes $7.0 Million Semi-Annual Interest Payment on 4.25% Convertible Notes within Grace Period. Refinancing of Company's Capital Structure on Schedule.Horizon Lines, Inc. (NYSE: HRZ) today announced that it has closed on a bridge loan facility of up to $25…

Bryan Nichols Joins Growing Vigor Shipyard Sales Team

Sep 14, 2011

Bryan Nichols, one of the leading maritime business development professionals in the Pacific Northwest, is joining forces with VIGOR Industrial, which owns and operates the premier shipyards in the region.Nichols joins VIGOR as a sales representative for the company…

Florida Inland Port Forges Alliance with JaxPort

Sep 14, 2011

This and recent agreements with Port of Miami and Port of Palm Beach solidify Florida Inland Port’s position as the premier inland port / integrated logistics center serving the southeastern U.S.  Florida Inland Port today announced the…

VT Halter Marine Delivers Second Tug for OSG

Sep 14, 2011

VT Halter Marine, Inc. (VT Halter Marine), a subsidiary of VT Systems, Inc. (VT Systems), today announced the delivery of Endurance, the second 8,000 hp Articulated Tug Barge (ATB) tug to Overseas Shipholding Group, Inc.This is part of a…

Republic of the Marshall Islands Maritime Administrator Media Statement

Sep 14, 2011

The Republic of the Marshall Islands Maritime Administrator issued the following media statement in response to the United States Coast Guard Report of Investigation into the Circumstances Surrounding the Explosion, Fire, Sinking and Loss of…

Philippine, British Governments Announce Support for SaveOurSeafarers

Sep 14, 2011

Seafarers’ organisations, shipping companies together with business leaders and the biggest ever grouping of shipping industry associations, which have joined forces to campaign against Somali piracy, have received a welcome boost from the British…

Deepwater Horizon Joint Investigation Team Releases Final Report

Sep 14, 2011

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE)/U.S. Coast Guard Joint Investigation Team (JIT) today released its final investigative report on the April 20, 2010, Deepwater Horizon explosion, loss of life, and resulting oil spill…

UNCTAD Convening Expert Meeting on "Climate Change Impacts and Adaptation"

Sep 14, 2011

The UNCTAD secretariat is convening an Ad Hoc Expert Meeting on 'Climate Change Impacts and Adaptation: A Challenge for Global Ports', to be held in Geneva on 29-30 September 2011. Following earlier related activities (see www.unctad.org/ttl/legal…

DRYSHIPS INC. Announces Results of Annual General Meeting

Sep 14, 2011

DryShips Inc. (the “Company” or “DryShips”), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, today announced the results of its 2011 Annual General Meeting of Shareholders (the “Meeting”)…

Rolls-Royce Wins Contract to Supply Water Jets for Indian Coast Guard

Sep 14, 2011

Rolls-Royce, the global power systems company, has won a contract from India’s Cochin Shipyard to supply 60 water jets for a new fleet of 20 Fast Patrol Vessels for the Indian Coast Guard.The contract will involve the supply of Rolls-Royce Kamewa 71S3np water jets (three per vessel)…

Logistics News

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

Syria, CMA CGM to Operate Two Dry Ports

Syria, CMA CGM to Operate Two Dry Ports

Jon Oakey, Retired Port of Aberdeen CFO, Wins Finance Lifetime Achievement Award

Jon Oakey, Retired Port of Aberdeen CFO, Wins Finance Lifetime Achievement Award

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