Maersk Introduces BAF Formula
(Bunker Adjustment Factor). ago. transportation industries like airlines and parcel services. very reliant on fuel. imbalances of container flows. entail changes in the BAF level.
VT Shipbuilding to Begin Offshore Patrol Vessel
VT Shipbuilding will start production of its latest export program on January 23 when the High Commissioner for Trinidad and Tobago starts the steel cutting process…
U.S. Donates Patrol Boats for Indonesian Police
The U.S. government handed 15 patrol boats to the Indonesian police and agreed for additional funding for police reform totaling $6.4m. The high-speed patrol boats…
MISC Proposes $973m Deal for Ramunia
MISChas proposed a $973m deal to merge its shipbuilding business with Ramunia Holdings, an oil services company. The merger would expand MISC’s plans to create a…
RSA Invests in Shipbuilding Firm
The Retirement Systems of Alabama has become the largest investor in Signal International, with a $100m purchase of shares in the shipbuilding firm that will move its headquarters from Pascagoula…
Thai Fisheries Research Vessel
Khun Somwong Meepoon, managing director of Prakarn Kolkarn Shipyard Ltd. of Samut Prakarn has built many types of boats. These include dredgers, fishing boats and…
Star Bulk Takes Delivery of Supramax Vessel
Star Bulk Carriers Corp. has taken delivery of the Star Alpha (ex A Duckling), a Capesize vessel of 175,075 dwt built in 1992. Star Alpha is currently under a preexisting…
Nimitz Carrier Strike Group Set to Deploy
From Commander, U.S. Nimitz Carrier Strike Group (CSG), with more than 7,000 Sailors and Marines, will deploy Jan. 24 while the forward-deployed USS Kitty Hawk (CV…
Coalition Efforts Build Lawful Maritime Order
Coalition forces recently completed a coordinated operation in the Gulf of Aden and Horn of Africa to deter and disrupt activities and incidents that affect maritime security and stability.
This Day in Naval History - Jan. 19
1840 - Lt. Charles Wilkes, aboard the sloop Vincennes, is the first American to discover the Antarctic coast. 1929 - The 3rd Marine Corps Brigade is disbanded at Tientsin…
ACL Gets $100m Order for Barges
American Commercial Lines Inc. has entered into a six year, approximately $100m, multi-vessel contract with a major customer, to build both liquid and dry cargo barges.
