To support growing customer business in Spain, Wallenius Wilhelmsen Logistics has opened a new branch office in Barcelona.“Spain and Portugal have been suffering from the economic downturn in Europe over the past few years. However, a more…
The Society of Naval Architects and Marine Engineers (SNAME) will host its sixth technical meeting for the 2013-2014 season Thursday, February 20, 2014 at 7 p.m. in the auditorium of Maran and Alpha Tankers, 354 Syngrou Ave., Kallithea, Athens…
The Board of Directors of the International Chamber of Shipping (ICS), representing national shipowners’ associations from 35 nations and over 80% of the world merchant fleet, met in London recently. IMO Ballast Water Management Convention…
The U.S. National Transportation Safety Board has determined that the probable cause of the sinking of tall ship 'Bounty' was the captain's reckless decision to sail the vessel into the well forecasted path of Hurricane Sandy, which subjected…
Moose Boats, an aluminum boat designer and manufacturer in the San Francisco Bay Area announced the delivery of two patrol boats in late 2013.M1-44’ Patrol Boat delivered to Bridgeport Police Department in ConnecticutMoose Boats delivered…
Drum Cussac's maritime security market share grew by 50 percent in 2013 In the second half of 2013, the number of secured transits conducted by Drum Cussac, using both armed and un-armed security consultants, was 16% up on the same period in 2012…
Maritime and Merchant AS (to be renamed Maritime & Merchant Bank ASA), which was granted a banking license by The Financial Supervisory of Norway (FSAN) on the 28th of January for establishing a global bank dedicated solely to the shipping and offshore industries…
BAE Systems today launched the first of four platform supply vessels it’s building for Jackson Offshore Operators, LLC. These vessels, which will support drilling operations in the Gulf of Mexico, reflect BAE Systems’ continued growth in U.S…
Under agreement with the U.S. Saint Lawrence Seaway Development Corporation, The St. Lawrence Seaway Management Corporation is proposing to amend the joint Practices and Procedures (known as 'regulations' within the SLSDC). Some of the amendments…
The members of North of England P&I Association (North) and Sunderland Marine Mutual Insurance Company Limited (SMMI) have voted in favor of the clubs' recent proposals to merge. A target date of February 21, 2014 has been set for the merger…
Aker’s comeback story isn’t yet over, but the middle chapters certainly make for compelling copy. The nation’s market leader in blue water tankers and containerships looks aft to (painful) lessons learned and at the same time, ahead for additional opportunities…
The United States of America’s Navy is arguably the most powerful in the world, and the most immediate threat it faces may not be from China, Russia or Iran, but U.S. Congress. The use of sequestration as a budget reduction tool has resulted…
While steaming some 700km west of Guam on January 20, Mitsui O.S.K. Lines, Ltd. operated coal carrier C. S. Sunshine rescued all 24 Chinese crew members of a disabled freighter January 20.At 8:15 a.m. (local time) on January 20, the Panama-registered C…
Keppel Offshore and Marine Ltd (Keppel O&M), a global company in offshore rig design, construction and repair, ship repair and conversion, and specialized shipbuilding, has become a member of the World Ocean Council (WOC).Keppel O&M joins…
Euroseas Ltd. has announced that it entered into an agreement to sell 25,000 shares of its Series B Convertible Perpetual Preferred Shares to a fund managed by Tennenbaum Capital Partners, LLC (TCP) and 5,700 shares to Preferred Friends Investment Company Inc…
