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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.


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. 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.


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. 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


US Freedom of Navigation Ops Targeted 13 Countries Last Year

The U.S. military carried out freedom of navigation operations against 13 countries last year, including several against China for what it views as excessive claims to maritime and airspace jurisdiction, the Pentagon said in an annual report on Monday.   The Defense Department carried out multiple freedom of navigation operations against China, India, Indonesia, Iran, Libya, Malaysia, the Maldives, Oman, the Philippines and Vietnam, the two-page report said.  


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.


MISC Publishes its 2015 Sustainability Report

MISC Sustainability Report 2015

MISC Berhad (MISC) today announces the publication of its 2015 Sustainability Report, covering the Company’s commitment, strategy and performance for the year ended 31 December 2015 and progress towards its sustainability goals.  


Nordic Shipholding Profits below Market Expectations

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For the 3 months ended 31 March 2016, Nordic Shipholding A/S generated a profit after tax of USD 1.5 million, compared to USD 2.7 million in the same quarter last year.  The average daily TCE rate earned by the vessels in the Handytankers Pool was below the forecasted daily rate


Hapag-Lloyd: 50 Years of Container Shipping in Germany

This is one of the first containers of Hapag-Lloyd. (Photo: Hapag-Lloyd)

50 years after the beginning of modern container shipping in Germany, international trade is handled by 6,397 containerships, with a capacity of 21.1 million TEU. Hapag-Lloyd’s container fleet numbers among the largest in the industry.  


London P&I Club Reports Increased Free Reserves

The London P&I Club’s result for the 2015/2016 financial year produced an overall operating surplus of $3.3 million, lifting the free reserve to $160.7 million.  This result was underpinned by a technical underwriting surplus of $15.3 million, with the combined ratio standing at 82


Pirates Switch to Kidnapping Crew as Oil Fetches Less

Pirate gangs in West Africa are switching to kidnapping sailors and demanding ransom rather than stealing oil cargoes as low oil prices have made crude harder to sell and less profitable, shipping officials said on Tuesday.   Attacks in the Gulf of Guinea - a significant source of oil


IMO Takes Further Action on Climate Change

Photo:  International Maritime Organization (IMO)

 The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) has approved mandatory requirements for ships to record and report their fuel consumption, in a move that sends a clear and positive signal about the Organization’s continuing commitment


SUNY Maritime among Top Institutions for ROI

Photo: SUNY Maritime College

Graduates from SUNY Maritime College receive among the highest return on investment on their degrees in the country.   In its annual report of best value colleges, PayScale ranked SUNY Maritime College as the top public institution for return on investment and third nationally


Satisfactory 2015 results for DNV GL

Image: DNV GL

 In 2015, DNV GL delivered satisfactory financial results and increased its operating revenue by 8.2%.   Group President and CEO of DNV GL Remi Eriksen highlights: “Given the challenging market conditions, particularly in the oil & gas industry


Republic of the Marshall Islands Maintains Qualitative Edge

Image:  International Registries, Inc

 The Republic of the Marshall Islands (RMI) received preliminary information regarding the United States Coast Guard’s (USCG’s) Qualship 21 list during Intertanko’s North American Panel meeting.   The meeting, which took place on day one of the Connecticut Maritime


NileDutch Acquires Safmarine MPV

Image: NileDutch

NileDutch, West Africa specialist container line based in the Netherlands, will take over the final portion of Safmarine MPV, which sails a mixture of containers and project cargo to and from West Africa. Safmarine MPV is owned by Denmark’s Maersk Line.  


Danish Registry's Tonnage Rise Despite Challenges

Courtesy Danish Maritime Authority

2015 was another busy year for the Danish Maritime Authority in which many results were achieved – covering a wide span from growth to safety. This is evident from the annual report of the Danish Maritime Authority, which has just been published.


‘MOL Wins "Merit at Environmental Communication Awards"

MOL representative receiving the Award of Merit from Executive Committee Chairman Ryoichi Yamamoto at the awards ceremony.Photo MOL

Mitsui O.S.K. Lines, Ltd. today announced that the “MOL Group Safety, Environmental and Social Report 2015”(*1) received the Award of Merit in Environmental Report section at the 19th Environmental Communication Awards(*2). This marks the second consecutive year the report has won the


Shipping Making Progress Towards Sustainability

Image: The Sustainable Shipping Initiative Limited

 The Sustainable Shipping Initiative (SSI) is calling on the wider industry to embrace new finance models to fund clean tech upgrades and back calls for a new international framework for tackling shipping emissions.   SSI has announced the release of the organization's latest annual


Hapag-Lloyd Posts Q4 Operating Profit

Hapag-Lloyd has achieved its earnings targets for 2015 and also in Q4 significantly improved its operating result (EBIT) versus prior year.   Based on the preliminary unaudited figures, Hapag-Lloyd increased operating earnings before interest, taxes


Intelsat Announces Q4 and 2015 Results

Intelsat S.A., a provider of satellite services, has announced preliminary financial results for the three months and full year ended December 31, 2015.   Intelsat reported preliminary total revenue of $571.3 million for the three months ended December 31, 2015.  






 
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