People & Company News

 

USA's Ingram Barge Appoints Coal Division Sales Leader

Sep 19, 2012

Joe Johnson has been promoted to Assistant Vice President, Coal, in the Ingram Barge Company of Nashville, Tennessee.Joe Johnson already is serving in this newly created position, and the Ingram sales team now reports to him, with respect to their coal accounts…

US Shipbuilder's Helping Hand to School Students

Sep 18, 2012

HII's Newport News Shipbuilding (NNS) division donates  more than 20,000 school supplies to assist about 1,000 area students.'HII stresses the importance of education and encourages our employees to get involved in their communities,' said Chavis Harris…

Offshore Drilling: Transocean Reports Huge Contracts Backlog

Sep 18, 2012

Transocean Ltd. issues fleet update summary, new & changed contracts, OofS times, etc.Total backlog associated with new contracts or extensions since the August 15, 2012 fleet update summary is approximately $1.7 billion. Estimated out of service time for 2012 increased by a net 36 days…

Cummins Names Leadership for Key Segments

Sep 18, 2012

Cummins Inc. (NYSE: CMI), a manufacturer of diesel engines for the commercial marine industry, has reorganized it Commercial Marine Business around five customer-focused market segments: commercial transport; offshore oil and gas; passenger transport…

Greene's Energy Group Names New Manager

Sep 18, 2012

Greene's Energy Group Names Boutwell Manager, Technology and Business Development -Rental & Products. Greene’s Energy Group (GEG), a provider of integrated testing, rentals and specialty services, has named Doyle Boutwell as Manager, Technology and Business Development – Rental & Products…

Shipping Confidence Falls to Four-Year Low

Sep 18, 2012

Overall confidence levels in the shipping industry fell in the three months ended August 2012 to their lowest level for a year, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens…

US-flag OSV Sold, to Refit for Alaskan Waters

Sep 18, 2012

Twenty Grand Marine Service, L.L.C. of New Orleans, Louisiana sells U.S. flag supply vessel “Toby Tide” to Ocean Marine Services, Inc. of Kirkland, Washington. The vessel is being renamed “Sovereign” and upon the vessel's arrival from Port Hueneme to Seattle…

Iron-Ore Ship Rates Rise as China Spends

Sep 18, 2012

Iron-Ore carrier daily rates rebound as China spends US$158-billion.Iron-ore ships are poised to earn more than operating costs for the first time this year as rates rally on speculation Chinese steel mills will accelerate imports because of a 1 trillion-yuan ($158 billion) building program…

Maritime TV Gets Development Funding

Sep 18, 2012

TV worldwide internet TV Channel –  Maritime TV –  receives strategic investment for new program development and expansion.TV Worldwide, (www.TVWorldwide.com ), a pioneering web-based global TV network since 1999, announces that one of its subsidiary Internet TV Channels…

Offshore Newfoundland Geophysical Survey Contract Awarded

Sep 18, 2012

PGS in cooperation with TGS begins data acquistion on  a new 20,000 km MultiClient 2D survey over the Northeast Newfoundland Shelf.The M/V Sanco Spirit has returned to Newfoundland and Labrador once again utilizing PGS GeoStreamer® broadband technology…

Sembcorp Plants UK Footprint

Sep 18, 2012

Sembcorp Marine (SMOE) acquires, from Smulders Group, SLP Engineering Limited (SLP) based in Lowestoft, UK.SLP  will be renamed Sembmarine SLP Limited (Sembmarine SLP) and will be held through newly incorporated company Sembmarine North Sea Limited (Sembmarine North Sea)…

Navy Cruiser Modernization Contract For Ingalls Shipbuilding

Sep 17, 2012

Ingalls Shipbuilding division gets an US$83.3-million cost-plus-award-fee contract to modernize USS Ticonderoga-class (CG 47) Aegis guided missile cruisers. The contract, for continued life-cycle engineering, modernization and support services…

Cruise Conference Notes Asia Port Infrastructure Shortfall

Sep 17, 2012

Second annual Cruise Shipping Asia-Pacific conference opens in Singapore with State of Asia Cruise Industry panel discussions.Gianni Onorato, president of Costa Crociere, noted that port infrastructure in Asia is still lacking, along with consumer education…

Yacht Crew Agency Launched by NGY

Sep 17, 2012

Neptune Group Yachting (NGY), a luxury yacht charter agency, launches Neptune Crew Placement Division.Julia Haines-LaPenta has been named Director of Crew Placement for Neptune Crew.The agency is accepting applications from all professional yacht crew…

US Merchant Ship With Anti-piracy Weaponry on Board Released

Sep 17, 2012

Nexus Consulting, says an 'administrative mistake' led to the Venezuala detention of a US-flagged ship.Background: Venezuelan authorites arrested a U.S. ship captain early Thursday after three assault rifles were found on board. An embassy…

Logistics News

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

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Canadian Indigenous group buys $511 million stake in Enbridge Westcoast pipeline
Sources say that Black Sea CPC blend oil exports decreased to 1.6 millions bpd during April.
Indian traders report that the discounts for Russia's Urals June are slightly wider at Indian ports.