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People & Company News

 

Shipbuilders HII Donate to Hurricane Sandy Relief Fund

Nov 06, 2012

Huntington Ingalls Industries donates $50,000 to the American Red Cross.The shipbuilders' donation is to the American Red Cross' Disaster Relief Fund to be used to provide food, shelter, supplies and comfort to the people affected by Hurricane Sandy…

Somali Pirate Attacks Low, Elsewhere Increasing

Nov 06, 2012

Global pirate activity jumped 52% compared to September, driven by increased attacks in the Gulf of Guinea, & off Indonesia. Somali piracy remained low, with three attacks reported. Notably, a pirate group opened fire on naval warship. 

Attacks…

Revenues Up in Danaos' Latest Financial Report

Nov 06, 2012

Greece-based container ship owners, Danaos Corp., reports Q3 & nine months results for period ended September 30, 2012.Highlights for the Third Quarter and Nine Months Ended September 30, 2012:  Operating revenues of $156.3 million for the three months ended September 30…

ECDIS Ltd Install VSTEP NAUTIS

Nov 06, 2012

UK based ECDIS training and consultancy company ECDIS Ltd unveiled a VSTEP NAUTIS full mission bridge simulator with a 315° viewing capability. It is to primarily be used for Bridge Team training but has been fitted with 4 different ECDIS systems all integrated with the NAUTIS software…

US Navy Assists 'Sandy' Disaster Relief

Nov 06, 2012

The U.S. Navy provides disaster relief in support of other authorities in the New York & New Jersey areas affected by Hurricane 'Sandy'.USS Wasp (LHA 1), USS San Antonio (LPD 17), and USS Carter Hall (LSD 50) are in position off the coast…

Crystal Cruises Condé Nast Traveler Best Cruise Line 2012

Nov 06, 2012

Condé Nast Traveler magazine (U.S.) readers have named Crystal Cruises the “Best Cruise Line” (mid-size) for 2012.The Condé Nast Traveler Readers’ Choice Awards honor the best hotels, airlines, cruise lines, cities, rental car companies…

IALA Holds Australian Training Seminars

Nov 06, 2012

The International Association of Marine Aids to Navigation & Lighthouse Authorities (IALA)  in Australian training mission.International representatives tasked with maintaining the world’s aids to navigation will be in Australia for two weeks…

Significant Clean Air Progress in Puget Sound

Nov 05, 2012

Maritime-related air pollution has decreased as much as 40 percent, depending on the type, since 2005, according to a new report.The report is the result of the 2011 Puget Sound Maritime Air Emissions Inventory, which provided an update to the 2005 baseline inventory…

'Sandy' Waterlogged Port Newark HQ, But SCI Mission Continues

Nov 05, 2012

Despite a waterlogged seafarers’ center, the Seamen’s Church Institute continues steadfast in its mission to help seafarers.Among those affected by the recent storm, the Seamen’s Church Institute’s (SCI) International Seafarers’ Center in Port Newark sustained significant damage…

Iran Sets Up Strait of Hormuz Naval Base

Nov 05, 2012

Iran’s Islamic Revolution Guards Corps (IRGC) have established a new naval base in the vital oil tankship transit Strait of Hormuz.According to Iran's Fars news agency, as reported by Ria Novosti, the base, the fifth in the region, is located…

'USS Enterprise' Returns Home from Final Deployment

Nov 05, 2012

The 51-year-old flattop’s legacy stretches back from the Iraq and Afghanistan wars to Vietnam. Even before the Southeast Asia conflict, the carrier took part in the Cuban missile crisis when it was part of the blockade that forced the Soviets to remove nuclear missiles from Cuba…

China Shipyards Contributed Best to COSCO's Q3 2012 Results

Nov 05, 2012

The COSCO Group achieved net profit attributable to equity holders of $26.6 million on turnover of $937.0 million in Q3 2012.Group turnover inched down 3.4% to $937.0 million in Q3 2012 from $969.8 million in Q3 2011 due to a decrease in shipyard and dry bulk shipping revenue…

Kongsberg Group Reports Good Q3 2012 Results

Nov 05, 2012

The company won several important contracts in the maritime and defence markets during the third quarter 2012.Q3 operating revenues totalled MNOK 3 675 and EBITA came to MNOK 570. This corresponds to an EBITA margin for the Group of 15.5 per cent…

Rolls-Royce Open Apprentice Academy

Nov 05, 2012

The new facility at the Derby Learning & Development Centre in UK will double the number of Rolls-Royce apprentices under training.
The additional apprentices will find work in the supply chain, providing an additional source of skilled labour to the UK engineering and manufacturing industry…

Shipyard to be Established in South Thailand

Nov 05, 2012

YKP-FM Global Shipyard Co Ltd to develop a workboat repair & maintenance facility in Kantang, Trang Province, Thailand.Freight Management Holdings Bhd (FMH) is buying a 25% stake in a Thai shipyard for RM2.5 million cash. The logistics group…

Logistics News

Xeneta Weekly Ocean Container Shipping Market Update: February 27, 2026

Xeneta Weekly Ocean Container Shipping Market Update: February 27, 2026

Maersk Reroutes Some Cape of Good Hope Sailings Due to Unforeseen Constraints in the Red Sea

Maersk Reroutes Some Cape of Good Hope Sailings Due to Unforeseen Constraints in the Red Sea

Nigerian Crude Oil Loading Programs Hold Steady for April

Nigerian Crude Oil Loading Programs Hold Steady for April

Harwich Haven Authority Named a Finalist for Clean and Green Awards

Harwich Haven Authority Named a Finalist for Clean and Green Awards

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Delta Orders 34 More Airbus A321neo Jets as part of Fleet Renewal Push
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Why is it important to oil that the Strait of Hormuz is so wide?