Oceangoing petroleum barge company Bouchard Transportation Co. celebrated the christening of two new vessels, M/V Kim M. Bouchard and B. No. 270, on Tuesday July 14, 2015 in New Orleans. The ceremony was honored by the Monsignor James Vlaun who blessed the vessels, and Marie Romais, wife of Dimitri Romais, Chartering Manager of SeaRiver Maritime and was attended by executives from Bouchard, VT Halter Marine and several of Bouchard Transportation Co., Inc. customers, business partners, and regulatory agencies The B. No. 270 was launched at VT Halter Shipyard Operations in Pascagoula, Miss., on Friday, May 1, 2015. The tug Kim M. Bouchard was launched at the Moss Point Marine facility in Escatawpa, Mississippi, on February 26, 2015, and is named after the older sister of Morton S. Bouchard III, President/Ceo of Bouchard Transportation Co Inc. Constructed independently of each other, and now paired, the M/V Kim M. Bouchard and B. No. 270 are the largest vessels to date in Bouchard's ongoing fleet expansion program. These are the first of two Articulated Tug Barge (ATB) units being constructed by VT Halter Marine, Inc., the second sister ship is the M/V Donna J. Bouchard and B.No.272, which is on schedule for a January 2016 delivery. The B. No. 270 measures 628 feet by 91 feet by 47 feet, has a 260,000-barrel capacity, and is ABS and USCG certified for Jones Act service. The B.No
Coronado, the second Independence-variant Littoral Combat Ship (LCS), was christened on January 14, 2012 during a ceremony at Austal USA in Mobile, Alabama. The Independence-variant LCS, with its trimaran hull–design, offers maneuverability, stability, endurance, shallow draft, three weapon zones, and a flight deck larger than any other U.S. Navy surface combatant, Susan Ring Keith is the ship’s sponsor
Juha Heikinheimo has resigned from the position as President of STX Finland Oy. He will be replaced by Su-Jou Kim, who currently holds the position as Chairman of STX Finland. Su-Jou Kim will be temporary acting President of STX Finland. Despite significant improvements during the last few months, STX Finland is going through very challenging times - in particular at the Turku shipyard - following the delivery of the "Allure of the Seas" in October 2010.
South Korean companies are briskly moving to tap into Iran's fast-growing shipping industry, regarding the Iranian boom as a breakthrough to their prolonged business slump amid the global economic slowdown. According to IRNA, the head of South Korea Maritime Institute Sang Gui Kim voiced his country's readiness for investment in Iran's ports and shipping industry. Sang Gui Kim told reporters on the sidelines of Iran-South Korea Economic Conference in Isfahan.
Susan Schrempf, President and CEO of the Owen Sound Transportation Company was honored with the Queen’s Diamond Jubilee Medal. Throughout Ms. Schrempf’s tenure with the Owen Sound Transportation Company and Ontario Northland Transportation Commission, she has played a key role in Canada’s transportation industry. She is the past-president and 2nd vice-chair of the Canadian Ferry Operators Association (CFOA).
Hill Dickinson’s market-leading marine, trade and energy group announced its latest series of promotions. A total of eight promotions have been made across the group’s yacht, shipping and energy and commodities teams. Pawel Wysocki, Stuart Kempson and Ian MacLean have been promoted to Partner. Susan Leonard and Mary Prentice have taken on the role as Legal Director and Thomas Frei, Fergal Quinn and Edward Hicks have been promoted to Associate. Team information
History was made by Maersk Lines last June when the Line's containership, Susan Maersk sailed into the Port of Long Beach, Calif. on its maiden voyage - establishing a new record as the largest ever to call a U.S. port. Measuring twice the length of the Washington Monument, wider than the Panama Canal and equal in length to about four football fields, the 6,600 TEU vessel was deployed into Maersk's Asia/U.S. West Coast TP6 Service.
Tension over the South China Sea highlights the need for the United States to maintain a strong navy to serve as a deterrent, U.S. House Speaker Paul Ryan said on Thursday, criticizing the Obama administration for proposals he said would reduce the U.S. naval fleet. "This just shows that we need to have a strong navy," Ryan said at a news briefing. "We should not have a president proposing to lower our ship count to pre World War One levels
Inmarsat Government, a leading provider of secure, global, mission-critical telecommunication solutions to the U.S. public sector, announce the appointment of Susan Miller as president and chief executive officer. In this role, Miller will be responsible for the overall business strategy and direction for Inmarsat Government, a wholly-owned, independent subsidiary of Inmarsat plc, responsible for all direct U.S. government business.
The Senate Committee on Homeland Security and Governmental Affairs received a Briefing from Administration personnel on the Dubai Ports World (DPW) acquisition of the Peninsular & Oriental (P&O) company. Committee Chair Susan Collins (R-ME) issued a Press Release stating that she introduced a resolution calling for a thorough review and Congressional consultation before the transaction could proceed. Source: HK Law
Indian Oil Corporation has launched a tender seeking to buy two liquefied natural gas (LNG) cargoes for December delivery which is due to close on Oct. 25, trade sources said. IOC is to take receipt of the volumes on Dec. 6 and Dec. 21.
As Western firms wait to for Arctic shipping to show its worth, Asian countries are already betting on the emergence of an Arctic economic rim, reports The Arctic Journal. For centuries, a harsh climate and ice-choked seas dashed the dreams of sailors attempting to cross the
Oil prices edged up on Wednesday, supported by record Indian crude imports and talks between OPEC producers and other oil exporters on curbing output to end a glut in the global market. Global benchmark oil futures, the Brent and U.S
The last three months have been some of the worst the multipurpose and project carrier sector has endured in living memory. The breakbulk and project cargo sector remain weak, with little suggestion that volumes will improve significantly until the end of 2017
Typhoon Chaba battered southern parts of South Korea with violent wind and heavy rain on Wednesday, killing at least three people and flooding the country's main port and industrial sites and disrupting production at some factories. The storm hit the island of Jeju overnight and one person was
Satellite footage suggests that the North Korean regime of Kim Jong-Un has begun development of a massive new submarine capable of launching ballistic missiles further potentially threatening the US, reports the Telegraph. Images captured by commercial satellites in September show
Concordia Maritime is selling the IMOIIMAX tanker Stena Image to a large Japanese financial institution. The transaction is a sale and leaseback agreement, which in this case means that the vessel will be chartered back to Concordia Maritime on a bareboat basis (i.e
Hyundai Merchant Marine (HMM) has expanded its longstanding relationship with INTTRA, the world's ocean shipping electronic marketplace, by adopting the INTTRA eVGM Service as a channel to facilitate compliance with the International Maritime Organization's Safety of Life at Sea (SOLAS) Verified
Six of the world's biggest container shipping companies were raided by South African authorities on Wednesday on suspicion of colluding to inflate rates between Asia and South Africa, the country's Competition Commission said. The development comes as global container lines struggle in
Kirby Inland Marine LP has agreed to pay $4.9 million in civil penalties to settle claims stemming from a 4,000-barrel oil spill in the Houston Ship Channel in March 2014, the U.S. Justice Department said on Tuesday. The company, a subsidiary of Kirby Corp
Cash from top shareholder, executives should cover offload costs. South Korea's government said cash held by Hanjin Shipping Co Ltd and funds pledged by its parent group should meet the costs of unloading some $14 billion in cargo stranded on vessels operated by the troubled container line.
The first of ten ship-to-shore (STS) cranes at the APM Terminals Los Angeles Pier 400 facility was raised 33 feet (10 meters), making it the tallest port crane in North America and will be ready for vessel operations in the next few months.
The South Korean government, long a bastion of support for the country's big conglomerates, is sticking to its hard-line stance on Hanjin Shipping Co Ltd , whose collapse is roiling global supply chains. Since the world's seventh-largest container carrier filed for court receivership in late
A container ship owned by bankrupt Hanjin Shipping Co Ltd idled for days off the Southern California coast was allowed to dock in Long Beach and begin unloading cargo early Saturday, reports Reuters. The Hanjin Greece docked at the Port of Long Beach in California early Saturday
Dong Energy has installed the first of the world's largest wind turbines, which are taller and wider than the London Eye, at its Burbo Bank windfarm off the coast of Britain in the Irish Sea, it said on Thursday. The 32 turbines, made by Vestas