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ADSB, Next Phase of Corvette Class Program

May 06, 2010

Abu Dhabi Ship Building (ADSB), the leading shipbuilder and naval support services provider in the Arabian Gulf region, has commenced the next phase of its Baynunah Corvette Class pride Program constructions for the UAE Navy. The Prime Contractor…

Liberian Oil Tanker Hijacked

May 06, 2010

Cut    On the morning of May 5, the Liberia flagged (Russian operated) Oil Tanker Moscow University, was hijacked approximately 350 nautical miles east of Socatra. At the time of the attack, the Moscow University was heading east with a final destination of China…

Penny Heads Biz Development, ACE Winches

May 06, 2010

ACE Winches has appointed Derek Penny as head of group sales and business development. With 18 years experience in the upstream and downstream oil and gas, marine and naval defence markets, Penny joins the company from subsea engineering company…

Crowley’s Corporate Office Achieves LEED Silver

May 06, 2010

Crowley Maritime Corporation Chairman, President and CEO Tom Crowley, elected area officials and business leaders gathered at the company's corporate headquarters in Jacksonville to commemorate the completion of Crowley's office building renovation…

CMA CGM Returns to Profit

May 06, 2010

The Board of Directors of France-based CMA CGM, the world’s third largest container shipping group, recently met under the chairmanship of M. Jacques R. Saadé to review the financial statements for the year ended 31 December 2009.   In a…

Unified Command, West Coast of Florida

May 06, 2010

In response to the possibility of the Deepwater Horizon oil spill affecting the West Coast of Florida, representatives from BP, the U.S. Coast Guard, and the Florida Department of Environmental Protection (DEP) are meeting to plan a multi-agency response…

Backhaus VP Ops for Sea Tow

May 06, 2010

Sea Tow Services International, the world’s largest marine assistance provider, announced the promotion of Robert Backhaus to Vice President of Operations, along with two additions to its corporate staff: Christine de la Garza, Director of Marketing…

Transocean Reports Q1 2010 Results

May 06, 2010

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) reported net income attributable to controlling interest of $677 million, or $2.09 per diluted share, on revenues of $2.602 billion for the three months ended March 31, 2010. The results compare to net…

Trailer Bridge Dismissed from Antitrust Suit

May 06, 2010

Trailer Bridge, Inc. announced that in a non-final order of the court, the company has been dismissed with prejudice against the named plaintiffs from a lawsuit seeking class action status related to alleged anti-competitive activity in the Puerto Rico marine trade…

Normand Ranger Delivered

May 06, 2010

Normand Ranger for Solstad Offshore is delivered from Ulstein Verft May 5. Completion of the anchor handling vessel has been a challenging task but the shipyard delivers the project to the agreed terms within time.Ulstein Verft won the contract…

Excel Maritime Q1 Results

May 06, 2010

Excel Maritime Carriers Ltd (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry bulk cargoes, announced its operating and financial results for the first quarter ended March 31…

This Day in Coast Guard History – May 6

May 06, 2010

1796-Congress increased the monthly compensation of Revenue Marine officers: masters $50; first mates $35; second mates $30; third mates $25 and mariners $20. 1896-President Grover Cleveland placed the Lighthouse Service within the classified federal civil service…

This Day in Naval History – May 6

May 06, 2010

1909 - Great White Fleet anchors in San Francisco 1916 - First ship-to-shore radio telephone voice conversation from USS New Hampshire off Virginia Capes to SECNAV Josephus Daniels in Washington, DC1942 - CAPT Milton Miles arrives in Chungking…

Statoil Stronger Results, Volatile Markets

May 05, 2010

Statoil's first quarter 2010 net operating income was NOK 39.6 billion, an 11% increase compared to NOK 35.5 billion in the first quarter of 2009. The quarterly result was mainly affected by a 48% increase in liquids prices measured in NOK and a 35% decrease in gas prices…

Keppel Delivers First Rowan Rig

May 05, 2010

Keppel AmFELS Inc., the US wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has delivered the first of four EXL rigs to Rowan Drilling Company, Inc. (Rowan) safely, on time and within budget. The rig, christened Rowan EXL I at the yard last Saturday…

Logistics News

Baku Port Handles 37% More Containers in 2025

Baku Port Handles 37% More Containers in 2025

International Flag-State Association Looks to Advancing Role in Policymaking

International Flag-State Association Looks to Advancing Role in Policymaking

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

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