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Annual Report

MarAd Releases Annual Report

The Maritime Administration (MarAd) released its Annual Report for fiscal year 2005. The 68-page report addresses activities of the Ready Reserve Force (RRF), the Maritime Security Program (MSP), the Title XI program, cargo preference activities, and other MarAd programs. Source: HK Law


OECD Maritime Transport Committee Annual Report

The Organization for Economic Cooperation and Development (OECD) released the Maritime Transport Committee Annual Report 2002


Manitowoc Company Files 2006 Annual Report on Form 10-K

The Manitowoc Company (announced that the company has filed its Annual Report on Form 10-K for the year ended December 31, 2006 with the Securities and Exchange Commission. The filing can be accessed on the company’s Web site at www.manitowoc.com.


Pushing for Inland Waterways Funding

Stressing the high value to the nation and the critical condition of some of its chief assets, the Inland Waterways Users Board released its Annual Report to Congress, and provides recommendations related to the inland waterways system of the United States. Sent to Assistant Secretary of the Army John Woodley, President of the Senate and Vice President Dick Cheney, and Speaker of the House Dennis Hastert, this year's report strongly urges Congress and the Administration to view our nation’s


This Day in Naval History – Dec. 31

1862 - USS Monitor founders in a storm off Cape Hatteras, NC. 1941 - Admiral Chester W. Nimitz assumes command of U.S. Pacific Fleet. 1942 - Commissioning of USS Essex (CV-9), first of new class of aircraft carriers, at Norfolk, VA 1948 - Last annual report by a Secretary of the Navy to Congress and the President filed by SECNAV John L. Sullivan. Thereafter the Secretary of Defense would report annually to Congress.


BSEE Launches Efforts to Reduce Offshore Risk

BSEE Director Brian Salerno announces key efforts to reduce risk offshore   Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno made two announcements during a press conference in Houston Tuesday at the Offshore Technology Conference (OTC) - each aimed at reducing the risks associated with offshore oil and gas operations.   First, Director Salerno announced the launch of the SafeOCS program


This Day in Naval History – Dec. 29

1798 - First annual report by Secretary of the Navy, sent by Benjamin Stoddert. 1812 - USS Constitution (Captain William Bainbridge) captures HMS Java off Brazil after a three hour battle. 1943 - USS Silversides (SS-236) sinks three Japanese ships and damages a fourth off Palau. (Source: Navy News Service)


NOAA Unveils Collection of Civil War Maps and Nautical Charts

In honor of the 150th anniversary of the Civil War in 2011, NOAA has assembled a special historical collection of maps, charts, and documents prepared by the U.S. Coast Survey during the war years. The collection, “Charting a More Perfect Union,” contains over nearly 400 documents, available free from NOAA’s Office of Coast Survey website. “People are planning now for their visits to Civil War sites next year


Arctic 'Report Card' 2012 Published

Arctic Icebreaker: Photo credit Marcusroos Free GNU License

NOAA publishes its annual report tracking recent Arctic environmental changes. What’s new in 2012? New records set for snow extent, sea ice extent and ice sheet surface melting , despite air temperatures - a key cause of melting - being unremarkable relative to the last decade. Multiple observations provide strong evidence of widespread, sustained change driving Arctic environmental system into new state.


Zepol Publishes 2012 Port Report

Zepol Corporation released a report analyzing the trade activity for the top 20 ports in the United States. The annual report provides detailed import information for each port and compares trends to the previous year as well as sheds light upon potential future developments. Four Key Insights Found in the Report: 1. The top port in the U.S., the Port of Los Angeles, surpassed all other ports by over 1 million TEUs (twenty-foot containers) and over 500,000 shipments.


Maritime Worries Over Ship Inspections

Photo: Maritime Union of New Zealand

 The Maritime Union of New Zealand is concerned about the reduction in monitoring of international shipping by Maritime New Zealand, the Government agency responsible for ensuring a “safe, secure and clean” maritime environment.  


Progress in Efforts to Address Sexual Assault - DoD

Courtesy DoD

  The Department of Defense today released its Annual Report on Sexual Harassment and Violence at the United States Military Service Academies (MSA) for academic program year (APY) 2014 - 2015.  As part of a comprehensive review, DoD officials conducted site visits at the U.S


DP World Tops Middle Eastern Index

DP World Chairman HE Sultan Ahmed Bin Sulayem

  For the third year running, DP World is the top stock in the S&P/Hawkamah Pan Arab ESG Index. The index is the first ever of its kind in the Arab world and ranks the transparency and disclosure of regional listed companies based on Environmental


Mercator Exists Dry Bulk, Divests Fleet

Pic: Mercator Lines(Singapore) Ltd

 As a part of an ongoing portfolio restructuring exercise following booking of losses for three years in a row, Mercator Limited has decided to exit dry bulk business carried on by its arm Mercator Lines(Singapore) Ltd(MLS).   Mercator has 11 bulkers in its fleet, ranging between 70


ClassNK Releases Annual Report on Port State Control

classnk.png

Classification society ClassNK has released its annual report on Port State Control. The report, which aims to assist ship operators and management companies in maintaining compliant operations by providing information about ships detained by PSC as well as deficiencies that were found on


Rickmers Raises 2015 Forecast

Rickmers Group published its Half-Year 2015 results, reporting that the company increased its revenues in the first half of 2015 by 6.6 percent from €271.1  million ($301 million USD) to €289.6 million ($321 million), despite the persistently strained market situation and a number


GAIL to Finalize LNG Deal with Iran

Photo by  Iran Liquefed Natural Gas co

India’s state-run gas utility GAIL has begun talks with Iran to revive a decade-old LNG supply contract with the country, reports PTI.   The Business Standard has reported that GAIL has opened talks with Iran over the LNG contract whose value is estimated to be $22 billion in light of


Larger Ships, Demand Driving Port Investment Boom

APM Terminals Mobile Alabama (Photo: APM Terminals)

Rising global container port demand and ever larger vessels are driving terminal operators to make significant investments in additional capacity, according to the Global Container Terminal Operators Annual Report 2015 published by global shipping consultancy Drewry.


Shipping Lines Cut CO2 Emissions

Graphics: 2014 – 2015 Highlights: CCWG’s data-collection process for 2014 show

 The container carriers have managed to reduce their combined CO2 emissions by around one third since 2009, according to a new report.   Average CO2 emissions per container per kilometer for global ocean transportation routes have declined by 8


Fleet Growth Weighs on Product Tanker Earnings

Photo: Alex Sergienko

Healthy returns enjoyed by the product tanker market in recent years are under threat as impending fleet growth is expected to reduce the sector’s earnings over the medium term, according to the Product Tanker Market Annual Report 2015 published by global shipping consultancy Drewry.


USCG Talks Tough - Ship Detentions

US Port State Control

  In their recent published Annual Report 2014 Top US Coast Guard official says there will be no let-up in the battle to end ship-sourced waste-oil pollution and ISM Code deficiencies, with even tougher inspection procedures on the way


IRS Scores High with US Coast Guard

The U.S. Coast Guard (USCG) has placed the International Register of Shipping (IRS) in the top bracket of those recognized organizations (RO) that consistently achieve zero detentions for its registered vessels for the third time in just six years.   


DP World Leading M.E. Investor - MEIRS Awards

DP World Deputy Chief Financial Officer Raj Jit Singh Wallia (left) and Investor Relations Director Redwan Ahmed (right) collected four awards at the 2015 Middle East Investor Relations Society (MEIRS) Awards.

  Global marine terminal operator DP World has collected an impressive four awards including the Grand Prix of ‘Leading Corporate for Investor Relations in the Middle East’ at the 2015 Middle East Investor Relations Society (MEIRS) Awards.  


Trafigura Expects Tougher Shipping Markets in 2016

Commodities trading firm Trafigura expects tougher conditions in tanker markets next year as weaker world economy prospects and a slide in oil prices are set to take their toll on shipping. Bargain hunters picking up cheap crude after the price drop and refineries


As Oil Plunges, Traders Generate Record Earnings

Oil traders are profiting handsomely from a crude price crash to near an 11-year low, even as it forces energy companies around the globe to slash costs and postpone projects.   From listed giant Glencore through unlisted Swiss privately-held Trafigura






 
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