Manitowoc Completes Senior Subordinated Notes Redemption
The Manitowoc Company said that it has completed the previously announced redemption of its 10.5% Senior Subordinated Notes due 2012. The call premium paid to note…
Hearing on USCG Administrative Law System
On July 31, the Subcommittee on Coast Guard and Maritime Transportation of the House Committee on Transportation and Infrastructure conducted an oversight hearing…
ACL Increasing Tank Barge Demurrage Charges
American Commercial Lines Inc. (ACL) has announced new demurrage terms for liquid shipments. ACL will increase per day demurrage charges by 15 percent. Commenting on the new terms…
Coast Guard Responds to Minnesota Bridge Collapse
The Coast Guard is responding to the Interstate 35 bridge collapse in Minneapolis, Minn., to assist local fire and police departments, emergency medical services…
Port of Portland Expands its Kalmar Reachstacker Fleet
The Port of Portland has awarded Kalmar an order for three DRF450-65S5 reachstackers with an option for eight additional units, further strengthening its position…
Enterprise Strike Group Arrives in 5th Fleet
The nuclear-powered aircraft carrier USS Enterprise (CVN 65) as seen from the Nimitz-class aircraft carrier USS Dwight D. Eisenhower (CVN 69) as Eisenhower pulls alongside Enterprise for turnover.
Coast Guard to Celebrate 217th Birthday
U.S. Coast Guard Sector Ohio Valley will celebrate on August 4 the service's 217th birthday as America's oldest continuous sea-going service. Since its inception in 1790…
French Navy Hands Command of CTF 150 to Pakistan
Pakistani Commodore Khan Hasham Bin Saddique, Vice Adm. Kevin Cosgriff and French Rear Admiral Alain Hinden salute their flags during the Combined Task Force (CTF) 150 change of command ceremony.
Panama Canal Honored with Award
- The Republic of Panama is honored to receive the prestigious Samoter 2008 "Best Construction Project in the World" award for the Panama Canal expansion. The Samoter…
WHOI Awards Lockheed Martin $2.8m Contract To Design RHOV
Woods Hole Oceanographic Institution (WHOI) has awarded Lockheed Martin a $2.8 million contract for the initial design of the Replacement Human Occupied Vehicle (RHOV)…
U.S. Freight Forwarder Pleads Guilty to Criminal Charges
between the U.S. announced today. Criminal charges were filed today in U.S. Va., against Air Van Lines International Inc. (AVLC). to conceal a material fact, and agreed to pay a criminal fine of $143…
Aker Kvaerner Acquires Drilling Technology Company
Aker Kvaerner has signed an agreement for acquisition of 50 percent of the shares in the German company Wirth Maschinen- und Bohrgeräte-Fabrik GmbH ("Wirth") with…
Cummings: Administrative Law Functions Should be Separate from Coast Guard
Congressman Elijah E. Cummings (D-MD), Chairman of Subcommittee on Coast Guard and Maritime Transportation, convened the Subcommittee to examine the Coast Guard's administrative law system.
Grand Alliance Extends Cooperation for 10 Years
The Grand Alliance, founded in 1998, is an integrated consortium in container liner shipping. Its members are Hapag-Lloyd, MISC Berhad, Malaysia, Nippon Yusen Kaisha (NYK)…
Konecranes Acquires Savcor One Oy
container handling software specialist Savcor One Oy. The company, which is part of Savcor Group, is based in Vantaa and provides its products and services to more…
Transocean Update On Fleet Contract Status
Transocean Inc. said that its report of drilling rig status and contract information covering the company's offshore drilling fleet has been updated as of July 31, 2007.
WSF Port Townsend-Keystone Route to Continue Full Servcie
Washington State Ferries (WSF) said that the Port Townsend-Keystone route will continue to operate on a two-boat regular schedule, despite reports that the Nisqually…
SEACOR Announces Increase in Securities Repurchase Authority
SEACOR Holdings Inc. said that its Board of Directors has increased by $82.6 million its authorization for repurchases pursuant to its previously announced securities repurchase program.
Crowley to Lease New Z-Drive Tugs from BayDelta
Crowley Maritime Corporation announced that its marine services subsidiary has chartered the Valor, a newly built, 100-ft., Z-drive harbor tug from BayDelta Maritime…
Alion Awarded GSA Alliant IT Integration Contract
Alion Science and Technology, an employee-owned technology solutions company, has been awarded the GSA’s Alliant contract, a government-wide acquisition contract…