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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

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.

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.  

IRS Moves Closer to Tokyo MOU's High Performers

The Tokyo Memorandum of Understanding has positioned the International Register of Shipping (IRS) closer to the higher ranking achievers on its performance list, following the classification society’s success during the 2012-2014 period.

Legislation Targets US Ship Recycling Reform

Legislation to reform the U.S. domestic marine recycling industry, the Ships to Be Recycled in the States (STORIS) Act, was introduced today by U.S. Senators David Vitter (R-La.) and Bill Cassidy (R-La.). Congressman Garret Graves (R-La.) will introduce the companion legislation in the U.S

Paris MoU Approves New Performance Lists

At its 48th meeting last month, the Paris MoU Committee approved the 2014 inspection results and adopted new performance lists for flags and Recognized Organizations. These lists will take effect from July 1, 2015.   The “White, Grey and Black (WGB) List” presents the full

Greece Shipping Earnings Up 9 % in 2014

Greek shipping. Photo by: North Star Marine S.A.

 The Greek economy’s foreign currency revenues from shipping activities expanded 9.04 percent last year from 2013, reaching 13.18 billion euros, in spite of the country's financial woes, according to the annual report of the Association of Greek Shipowners (EEE).  

London P&I Club Holds Strong Despite Large Claims

Ian Gooch (Photo: London P&I Club)

The London P&I Club’s 2015 Annual Report highlights an unusual run of expensive claims in the 2014/15 policy year, with progress in other areas meaning that the free reserves stand at $157.4 million.    Ian Gooch, chief executive of the club’s management team, said

Retailers: Port Statistics Bill Would Help Avoid Repeat Slowdown

Photo: Port of Los Angeles

The National Retail Federation (NRF) and more than 100 other business groups called for passage of legislation that would require the Transportation Department to track port statistics, saying it could help avoid a repeat of the congestion and slowdowns that occurred along the West Coast during

ClassNK Releases Annual Report on Port State Control


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

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