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MarineCFO Nominated, Tech Co. of the Year

Mar 11, 2010

MarineCFO has been nominated for the Louisiana Governor’s Technology Company of the Year Award. The Governor’s Technology Award honors organizations for their innovation and progress in the past year. MarineCFO has been nominated for the Technology Company of the Year Award…

Ocean Carriers, Others Pay Penalties

Mar 11, 2010

The Federal Maritime Commission announced four compromise agreements in which an ocean carrier and intermediaries agreed to pay a total of $625,000 in civil penalties for alleged violations of the Shipping Act of 1984. The agreements were reached…

Hijacked UBT Ocean Arrives off Somalia

Mar 11, 2010

On March 8, the chemical tanker Marshall Island flagged UBT Ocean hijacked on March 5, was reported to be in the vicinity off the pirate stronghold east of Haradere. UBT Ocean has a crew of 21 and they are all from Myanmar/Burma. UBT Ocean with deadweight of 9…

Chemical Carrier Modified to FPSO

Mar 11, 2010

Major modifications have been completed on the first floating production storage and offloading (FPSO) conversion in Mexico. The ECO III, classed by ABS, originally was built as a chemical carrier before being purchased by MARECSA (Maritima De Ecologia…

Seaspan Accepts Delivery of Two New Vessels

Mar 11, 2010

Seaspan Corporation (NYSE:SSW) announced the delivery of its 44th and 45th vessels, the Guayaquil Bridge and the COSCO Japan. The Guayaquil Bridge, a 2500 TEU vessel delivered on March 5, 2010, was built by Jiangsu Yangzijiang Shipbuilding Co…

Marlink's Sealink (TM) for Hellespont Tankers

Mar 11, 2010

Marlink, the global provider of satellite communications to the maritime industry, has recently signed a new five year agreement with Hellespont Hammonia GmbH & Co. KG. The contract includes the delivery and installation of Marlink's Sealink(TM)…

Ultrajet Power Three High-Speed Catamarans

Mar 11, 2010

Ultra Dynamics supplied three sets of twin UltraJet UJ377 Waterjet installations to South Boats for their New Mk II GRP 43/12m WFSV RRV Catamarans RRV Audrey, Offshore Response 1, and Spike Islander.  The GRP catamarans have all been tailored…

Stave Sales Manager at Ulstein Verft

Mar 11, 2010

Håvard Stave has been appointed the new sales manager at Ulstein Verft. For the past five years he was design manager at Ulstein Design, which became part of Ulstein Design & Solutions at the turn of the year. Before joining Ulstein Design,…

Jotun Reports Record Results

Mar 11, 2010

Jotun reported an operating profit of NOK 1.1 billion in 2009 as compared with NOK 0.9 billion for the previous year. Operating income increased from NOK 10.4 to NOK 11.2 billion. In litres and kilos, Jotun sold two per cent more paint than it did in 2008…

This Day in Coast Guard History – March 11

Mar 11, 2010

1941-  The Lend-Lease Program was inaugurated.  All 10 of the Coast Guard's Lake-class cutters were transferred to the Royal Navy under the program.  Two were lost in action against German forces.  These 250-foot cutters had been designed by…

This Day in Naval History – March 11

Mar 11, 2010

1935 - Birth of Naval Security Group when OP-20G became the Communications Security Group1941 - President Franklin D. Roosevelt signs Lend-Lease Act1942 - In a PT boat, LCDR John Bulkeley leaves the Philippines to take General Douglas…

Millet Named OnSSI COO, CFO

Mar 10, 2010

On-Net Surveillance Systems, Inc. (OnSSI) announced that Yoav Millet has joined the organization as COO/CFO. Millet will employ his talents and experience in growth and change management to enhance OnSSI’s financial, operational and business…

London Places Power Turbine Order

Mar 10, 2010

H. Cegielski – Poznan S.A. has ordered two MAN Diesel TCS-PTG18 Power Turbine systems from MAN Diesel’s Turbocharger Business Unit. The TCS-PTGs will boost the efficiency of two environmentally friendly, diesel power plants to be constructed…

Seattle City Light Contract for Kvichak Marine

Mar 10, 2010

Seattle City Light has awarded a contract to Kvichak Marine Industries to build a 25.8-ft push boat designed by Kvichak Marine to operate with the service barge at the Diablo Dam in the North Cascades.The hull and superstructure will be…

Wärtsilä Powers New Carnival Vessel

Mar 10, 2010

Wärtsilä has received an order to power the new cruise vessel of Carnival Corporation, USA carrying the preliminary name Carnival Dream 3. The vessel will be built by the Fincantieri Monfalcone shipyard in Italy and its launch is scheduled for August 2011…

Logistics News

US Commerce Disorganization Stalls Thousands of Export Approvals

US Commerce Disorganization Stalls Thousands of Export Approvals

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Hanseatic Global Terminals Launches Latin America Expansion

Hanseatic Global Terminals Launches Latin America Expansion

Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over

Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over

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