Latest News - page 2811

 

ACL Reports Q3 Results

Nov 03, 2009

American Commercial Lines Inc. (NASDAQ: ACLI) (ACL) announced results for the quarter and nine months ended September 30, 2009. Revenues for the quarter ended September 30, 2009 were $216.0 million, a 31.1% decrease compared with $313.7 million for the quarter ended September 30…

Cummins Expands IMO Tier II Product Line

Nov 03, 2009

In anticipation of customer requests for mechanical engines meeting stringent next-level global emissions regulations, Cummins Inc. (NYSE: CMI) has received a statement of compliance from the American Bureau of Shipping (ABS) certifying the KTA19-D(M1) to IMO Tier II emissions standards…

Dawkins Joins Iridium Board of Directors

Nov 03, 2009

Iridium Communications Inc. (NASDAQ: IRDM) announced that Peter M. Dawkins, founder and principal of ShiningStar Capital LLC, and Brigadier General, U.S. Army (Retired), joined its Board of Directors. The appointment brings Iridium’s Board to ten members…

Sanborn Joins Moffatt & Nichol

Nov 03, 2009

Moffatt & Nichol announced that David C. Sanborn has joined the firm as Senior Port Consultant. Sanborn brings more than 35 years experience in the shipping, ports and transport sectors of the maritime industry to the firm. Throughout his career…

Assoc. for the Blind Supplies USS New York

Nov 03, 2009

The Louisiana Association for the Blind (LAB) announced it has supplied the more than 10,000 square feet of SKILCRAFT (R)/3M Safety Walk (TM) Slip Resistant Material for the USS New York (LPD 21), an amphibious transport dock ship built and…

IRS Focuses on Foreign Vessels Evaiding Taxes

Nov 03, 2009

The Offshore Marine Service Association (OMSA) applauded the Internal Revenue Service’s (IRS) recently posted directive to field officers establishing an issue management team in the wake of an IRS analysis indicating that a significant number of foreign vessels permitted to work in the U…

This Day in Coast Guard History – Nov. 4

Nov 03, 2009

1984: The CGC Northwind seized the P/C Alexi I off Jamaica for carrying 20 tons of marijuana, becoming the first icebreaker to make a narcotics seizure.(Source: USCG Historian’s Office)

This Day in Naval History – Nov. 4

Nov 03, 2009

1967 - Landing craft from USS Navarro (APA-215) rescue 43 men from British SS Habib Marikar aground on a reef at Lincoln Island in the Tonkin Gulf.1971 - USS Nathanael Greene (SSBN-636) launches a Poseidon C-3 missile in first surface launch of Poseidon missile.(Source: Navy News Service)

Sherwin-Williams Navy Vessel Contract

Nov 02, 2009

Sherwin-Williams has been awarded the contract to supply marine coatings as part of a three-year overhaul of the supercarrier USS Theodore Roosevelt (CVN-71). The project began in August and will continue through late 2012 at Northrop Grumman Shipbuilding Newport News…

The Hanseatic on European Rivers

Nov 02, 2009

The Hanseatic League was a highly successful trading alliance among northern European cities from the 13th to the 17th centuries. Some German cities continue to maintain an association under that name. Now the name Hanseatic is proudly emblazoned…

Wilhelmsen Ships Wins Alcatel-Lucent Contract

Nov 02, 2009

Wilhelmsen Ships Service Saudi Arabia has been awarded a three year warehousing and logistics contract in Dammam by Alcatel Lucent Technologies. The contract is expected to further the ongoing development of the business relationship between…

General Dynamics $25M Submarine Contract

Nov 02, 2009

The U.S. Navy has awarded General Dynamics Electric Boat a $25m contract for management and support of nuclear-maintenance work for submarines homeported at the Naval Submarine Base in Groton. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE:GD)…

Agencies Respond to Freight Ship Spilling Oil

Nov 02, 2009

The Coast Guard and O'Brien's Response Management are responding to oil which is leaking from the motor vessel Pac Alkaid, which is anchored 10 miles southeast of Southwest Pass near Venice, La. The Pac Alkaid reported the discharge to the Coast Guard at approximately 2 a…

USCG Proposal, Great Lakes Pilotage Rates

Nov 02, 2009

The U.S. Coast Guard proposes to increase the rates for Great Lakes Pilotage by 5.07% to generate sufficient revenue to cover allowable expenses, target pilot compensation, and return on investment. Comments on the proposal should be submitted by November 30…

Island Breeze Continues with East Asian Plans

Nov 02, 2009

Island Breeze International, Inc. (OTCBB: GPNT), an entertainment cruise development company, announced that it has moved forward with its plans to establish operations in East Asia. The company is now in the process of submitting information…

Logistics News

Ports Urge Congress to Reverse Infrastructure Funding Cuts

Ports Urge Congress to Reverse Infrastructure Funding Cuts

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

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