Latest News - page 2825

 

This Day in Coast Guard History – March 8

Mar 08, 2010

1942- Coast Guard plane located the lifeboats of SS Arubutan, which had been sunk by a Nazi submarine off the North Carolina coast, and directed USS Calypso, CG, to them.1973- The first 'Coast Guard-controlled drug seizure' took place when…

This Day in Naval History – March 8

Mar 08, 2010

1854 - Commodore Matthew Perry opens treaty negotiations with Japan1862 - Ironclad ram CSS Virginia destroys USS Cumberland and Congress1945 - Phyllis Daley becomes first African-American Ensign, Navy Nurse Corps1958 - Battleship USS Wisconsin (BB-64) is decommissioned…

STX Europe New Shipyard in Brazil

Mar 05, 2010

STX Europe will expand its shipbuilding capacity for Offshore & Specialized vessels by setting up a new shipyard. The yard will be located in Fortaleza, in the Ceará state of Brazil. STX Europe has since the acquisition of the Niteroi shipyard…

OMSA: New Offshore Oil & Gas Areas

Mar 05, 2010

OMSA released the following statement in reaction to the administration plan to unveil new offshore oil and gas areas:As the association representing the owners and operators of the offshore supply vessels that support offshore exploration…

SS United States Faces Scrapping

Mar 05, 2010

According to the SS United States Conservancy awareness campaign, the America’s national flagship, the SS United States, is in imminent danger of being bought by scrappers. This great vessel, which still holds the trans-Atlantic speed record…

MAN B&W Tier-II Engine Ready for Delivery

Mar 05, 2010

The first Tier-II compliant MAN B&W engine has finished production at HHI-EMD (Hyundai Heavy Industries Engine & Machinery Division) in Korea and is ready for delivery. The low-speed, two-stroke MAN B&W 6S50ME-C7 type engine will power a shuttle tanker (hull number 1749)…

Seatrans AS Increases Safeguards

Mar 05, 2010

Concateno, a European chemical, drug and alcohol testing provider, has been selected by Norwegian shipping company, Seatrans AS, to monitor the potential exposure of its seafaring crew to benzene.  Concateno provides a unique service for monitoring personnel for benzene…

New Weekly Ocean Service to Haiti

Mar 05, 2010

A New Weekly Ocean Service to Haiti, operated by America Cargo Transport Corp., has been established with U.S. flag vessels and crews. The service loads every Friday/Saturday in Jacksonville, Fla. to Port-au-Prince, and/or Cap Haitien, Haiti…

Sener Repairs Argentinean Navy Icebreaker

Mar 05, 2010

In October 2009 the contract came into effect for Sener to carry out the engineering work and provide technical assistance in repairing and modernising the icebreaker Almirante Irizar (RHAI) following the fire it suffered in April 2007. The…

Eagle Bulk Shipping Takes Delivery of Imperial Eagle

Mar 05, 2010

Eagle Bulk Shipping Inc. (Nasdaq:EGLE) announced that it has taken delivery of Imperial Eagle, a Future-56 class, 56,000 dwt Supramax dry bulk vessel. The vessel has entered into a one-year time charter tied to the Baltic Supramax Index (BSI)…

Global Ship Lease Reports Q4 2009 Results

Mar 05, 2010

Global Ship Lease, Inc. (NYSE:GSL)(NYSE:GSL.U)(NYSE:GSL.WS), a containership charter owner, announced its unaudited results for the three months ended December 31, 2009.Fourth Quarter and Full Year 2009 Highlights:- Generated $16.5 million of cash in the fourth quarter of 2009 up 29% on $12…

OSG’s Q4 Results & Improving Outlook

Mar 05, 2010

Overseas Shipholding Group’s Q4 2009 results were aided by an unexpected tax credit. OSG reported a loss of $0.59 excluding one-time items versus our ($1.02) forecast and the Street’s ($1.25) forecast. However a $30.5 million tax credit for 2009 against 2004 earnings led to the earnings beat…

MOL Charters LNG Vessels to ExxonMobil

Mar 05, 2010

Mitsui O.S.K. Lines, Ltd. (MOL) has been awarded two long-term charters by an ExxonMobil affiliate and its co-venture partners in its Papua New Guinea LNG Project. The charters are for MOL’s two existing 177,000 cubic meter capacity LNG carriers…

Canada Proposed to Regulate Arctic Traffic Zone

Mar 05, 2010

Canada’s Transport Minister John Baird announced that as part of Canada’s Northern Strategy, the federal government is proposing a regulated Arctic traffic zone, requiring certain vessels to report information to authorities as they pass through Canada’s northern waters…

Nordic American Receives Vessel No. 18

Mar 05, 2010

Nordic American Tanker Shipping Ltd. (NYSE: NAT) took delivery on March 2 of the suezmax vessel that the company agreed to acquire in November 2009. The double hull suezmax vessel has been named Nordic Passat. Including the Nordic Passat, the…

Logistics News

Russian Grain Lobby Warns Black Sea Attacks Threaten Grain Security

Russian Grain Lobby Warns Black Sea Attacks Threaten Grain Security

France Selects Five Ports for $300M Floating Wind Investment

France Selects Five Ports for $300M Floating Wind Investment

July Russian Oil Exports From Western Ports Fall Amidst Black Sea Attacks

July Russian Oil Exports From Western Ports Fall Amidst Black Sea Attacks

Travis Niederhauser Appointed Company President at Phoenix

Travis Niederhauser Appointed Company President at Phoenix

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