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Update on Stricken Ship Hoegh Osaka

Jan 18, 2015

The stricken ship Hoegh Osaka continues to be stable and the salvors ongoing ballasting operations have now reduced the list to 48 degrees.The divers yesterday successfully carried out a limited inspection of the Hoegh Osaka’s hull. This…

21 dead, 1 missing after tug sinks in Yangtze

Jan 18, 2015

Chinese authorities have confirmed that 21 people were killed and one is still missing after a tug boat undergoing sea trials sank in the Yangtze River, the state-run Xinhua news agency reported on Saturday.The boat had 25 people on board when it sank on Thursday and three were rescued…

Exercise Obangame Express 2015

Jan 18, 2015

Maritime professionals from more than 20 maritime nations met in Garmisch-Partenkirchen, Germany, to finalize plans for Exercise Obangame Express 2015, Jan. 12, 2015.During the four-day meeting with representatives from 13 African nations…

Dun & Bradstreet is First SBFE Certified Vendor

Jan 17, 2015

Dun & Bradstreet, the world's most trusted source of commercial data and insight, today became the first certified vendor of the Small Business Financial Exchange, Inc.'s wholly owned subsidiary SBFE, LLC. As an SBFE Certified Vendor™, Dun…

ST Engineering Wins $ 509 mi Contracts in 4Q2014

Jan 17, 2015

Singapore Technologies Engineering Ltd (ST Engineering) announced today that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics) has secured about $509m worth of contracts in the fourth quarter of 2014 (4Q2014) for Rail Electronics & Intelligent Transportation…

New Sales Manager in Ulstein Verft

Jan 16, 2015

Trond Skodjevåg Bø was appointed new Sales Manager in Ulstein Verft on 14 January 2015. He comes from a position as Project Manager Sales in Ulstein Verft. Trond S. Bø has been employed in Ulstein Verft since November 2012.

Congress Won't Cool Fight Against Obama on Climate

Jan 16, 2015

Data showing the heating of Earth in 2104 to the highest level on record will do little to stop Republicans in the U.S. Congress from fighting President Barack Obama's use of executive powers to slow climate change.Republicans, who won control of the Senate in November's elections…

FMC: US Port Congestion a Top Priority

Jan 16, 2015

Federal Maritime Commission (FMC) Chairman Mario Cordero announced to staff January 13 that his priority for the Commission in 2015 is addressing congestion issues that are plaguing U.S. ports.  Starting in September 2014, FMC Commissioners…

OMSA Opposes McCain Amendment

Jan 16, 2015

The Offshore Marine Service Association (OMSA) issued a statement regarding Senator John McCain’s proposal allowing foreign-built vessels to take over marine transportation in the United States, stating the amendment would gut U.S. shipbuilding while outsourcing jobs and security…

Schlumberger Slashing 9,000 Jobs

Jan 16, 2015

Shlumberger Ltd, the world's No.1 oilfield services provider, said it will cut 9,000 jobs, or about 7 percent of its workforce, as it focuses on controlling costs amid plummeting oil prices.The company said it took charges amounting to $1…

West Coast Ports "Approaching Gridlock"

Jan 16, 2015

The U.S. is experiencing delays at some major ports due to congestion and labor issues, with the Pacific Maritime Association (PMA) warning that operations at the five largest ports on the West Coast are approaching gridlock.The PMA,…

MacGregor Wins Fujian Southeast Shipyard Contract

Jan 16, 2015

MacGregor, part of Cargotec, has won a contract from Fujian Southeast Shipyard in China to supply deck equipment packages for two 78m anchor-handling/offshore support vessels under construction for Singapore-based Adhart Shipping Pte Ltd…

Lakes Defend US Build Requirement of Jones Act

Jan 15, 2015

An effort to remove the U.S.-build requirement from the Jones Act is being soundly rejected by Great Lakes Maritime Task Force, the largest labor/management coalition ever assembled to promote shipping on America’s Fourth Sea Coast. The Task…

BP, Conoco Cutting North Sea Jobs

Jan 15, 2015

Oil majors BP and ConocoPhillips will cut over 500 jobs in the North Sea following similar moves by rivals to reduce costs in one of the world's most expensive exploration areas as oil prices tumble.Although the cuts are relatively small for companies with dozens of thousands of employees…

Imtech Appoints Campbell to Lead Imtech Marine USA

Jan 15, 2015

Imtech Marine has appointed Fergus Campbell as the new Director of Imtech Marine USA.Fergus has worked for the Imtech Martine company previously (Radio Holland USA) from 2000 to 2010 as respectively Branch Manager Florida, National Service Manager and National Sales manager…

Logistics News

Ship Design, Maritime Accidents and There’s a Master on the Run

Ship Design, Maritime Accidents and There’s a Master on the Run

Maersk: Effective US Tariffs Average Around 21% Currently

Maersk: Effective US Tariffs Average Around 21% Currently

US Grain Shipments Surge 9% in face of Chinese Tariffs

US Grain Shipments Surge 9% in face of Chinese Tariffs

Great Lakes Limestone Trade Up in June

Great Lakes Limestone Trade Up in June

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