Latest News - page 2696

 

Ice Study on St. Lawrence Seaway

Apr 08, 2010

The U.S. Department of Transportation’s Saint Lawrence Seaway Development Corporation (SLSDC) together with Transport Canada, the Canadian St. Lawrence Seaway Management Corporation (SLSMC), the U.S. St. Regis Mohawk Tribe, and the Canadian…

Hijacked Tanker Arrives off Somalia

Apr 08, 2010

The Marshal Islands flagged, crude oil tanker Samho Dream, previously reported hijacked approximately 600 nautical miles off the Somali coast in the early hours of 4 April has now arrived off the coast of Somalia. The Samho Dream, South Korean owned and operated…

New Canadian Research Vessel

Apr 08, 2010

ABCO Industries Limited recently launched a 60-ft Science Research Vessel for the Canadian Coast Guard. The vessel is currently undergoing trials and will be operating out of St. Andrews, NB on delivery.

Pipavav Shipyard Fund Raising Plan

Apr 08, 2010

According to an April 7 report from Bloomberg, Pipavav Shipyard rose 1.62% to Rs 78.60 at 13:47 IST on BSE after the company's board approved raising up to Rs 178 crore by issuing convertible debentures on preferential basis.(Source: Bloomberg)

Samsung Heavy to Secure 1,000 More Patents

Apr 08, 2010

According to an April 7 report from The Dong-A Ilbo, Samsung Heavy Industries said it will acquire about 1,000 more patents by investing $445m in the development of eco-friendly shipbuilding technologies by 2015. The company holds 1,000 patent rights…

Teekay Tankers Prices Public Offering

Apr 08, 2010

Teekay Tankers Ltd. (NYSE: TNK) announced that it has priced its follow-on public offering of 7,700,000 shares of Class A common stock at $12.25 per share. The offering is expected to close on April 9, 2010, subject to customary closing conditions…

Class Action Lawsuit, Marine Products Price Fixing

Apr 08, 2010

Conspiracy involving marine fenders, buoys and pilings provokes action by public and private interests in Texas and Louisiana. Baron & Budd, P.C. attorneys, working with attorneys from Los Angeles-based Glancy Bingow & Goldberg LLC, New York securities law firm Labaton Sucharow LLP…

EMD Celebrates 5 Year Milestone

Apr 08, 2010

Over 1,400 employees gathered at EMD’s headquarters and manufacturing campus in La Grange, Ill. to celebrate the company’s fifth year of independence since being spun off from General Motors Corporation in April 2005.  Honored guests included U…

New Navy Contracts

Apr 08, 2010

MAR Inc., Rockville, Md., is being awarded a maximum amount $30,000,000 cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract in support of the Naval Facilities Engineering Service Center, Port Hueneme, for the operation, maintenance…

Revised OCS Oil & Gas Leasing Program

Apr 08, 2010

The Department of the Interior’s Minerals Management Service (MMS) published a Federal Register notice requesting comments on the Preliminary Revised 2007-2012 Five-Year Outer Continental Shelf (OCS) Oil and Gas Leasing Program for lease sales covering the 2007-2012 timeframe…

New Anschuetz Autopilot Series NP 5000

Apr 08, 2010

The German-based navigation company Raytheon Anschütz announced the upcoming release of their new NautoPilot 5000 adaptive autopilot series, the successor of their NP 2000 autopilot series. The NP 5000 is based on the same Anschütz steering algorithms…

This Day in Coast Guard History – April 8

Apr 08, 2010

1909- Race Point, Massachusetts-The sloop Keewaydin IV’s mast was carried away and the sloop anchored 2 miles SW of station, but dragged ashore. Station crew was on the beach when she struck and the keeper rowed out surf and threw a heaving line on board…

This Day in Naval History – April 8

Apr 08, 2010

1925 - First planned night landings on a carrier, USS Langley, by VF-11950 - Unarmed Navy patrol aircraft shot down over Baltic Sea by USSR1951 - 1st of 4 detonations, Operation Greenhouse nuclear test(Source: Navy New Service)

Great Eastern Shipping Orders Super Tankers

Apr 07, 2010

According to an April 5 report from the Wall Street Journal, Great Eastern Shipping Co. Ltd, India’s biggest private ocean carrier, has ordered three new oil super tankers or so-called very large crude carriers at South Korea’s Hyundai Heavy Industries Co…

Wärtsilä Repeat Orders from Russia

Apr 07, 2010

Wärtsilä has received several orders for propulsion systems from Russian organizations recently. The most recent contracts include repeat orders for integrated electro-propulsion packages for new state-owned Multipurpose Salvage Vessels, which…

Logistics News

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

Pembrokeshire College: Curriculum Development Manager Recognized for Contributions

Pembrokeshire College: Curriculum Development Manager Recognized for Contributions

USTR Port Fees Contrasted With Supply Growth Sound the Alarm for Car Carriers in 2026/27

USTR Port Fees Contrasted With Supply Growth Sound the Alarm for Car Carriers in 2026/27

Aptamus Picks Aker Solutions’ Entr for LCO2 Terminal Engineering

Aptamus Picks Aker Solutions’ Entr for LCO2 Terminal Engineering

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Mitsubishi Heavy expects 10% profit growth in this year due to strong defense demand
Sources say that RPT-US and Russia are exploring ways to restore Russian gas to Europe.
Chinese exporters are preparing to move goods to the US as soon as trade talks start.