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First Year

ACL Announces Three Year Agreement for Employees and Teamsters Local 89

American Commercial Lines Inc. announced that the company has secured a three year agreement for its shipyard employees with the General Drivers, Warehousemen & Helpers (Teamsters), Local Union No. 89. The three year agreement, which was ratified by over 95% of the voters, provides for first year wage increases ranging from 5% to 18% for various job positions resulting in an overall average wage increase of approximately 11%.

O'Gara Wins Navy Satellite Deal

SatCom Group Holdings PLC, a reseller of mobile satellite communications, said its subsidiary O'Gara Satellite Systems Inc has won a 5-year contract, worth 10m in the first year, from the US government to supply satellite airtime to the US Navy. O'Gara, which is one of the five companies in the world certified as a Defense Information Technology Contracting Organization (DITCO) awardee, won the contract following a tender

Lockheed Martin Wins $17.4M Contract

Lockheed Martin Corp. won a $17.4 million contract from the Navy to support a program that oversees all technical products for submarine combat systems. Under the contract, Lockheed Martin of Bethesda, Md., will handle systems engineering, testing, integration and maintenance for Navy submarine combat systems, as well as new Virginia Class submarines. The contract, which is funded for the first year, includes options for up to 10 years

Northrop Grumman Awarded $58.4M Navy Contract

The U.S. Navy has awarded Northrop Grumman Corporation a $58.4m contract to continue life cycle engineering and technical services in support of the Navy's fleet of USS Ticonderoga (CG 47) class Aegis guided missile cruisers. The company's Ship Systems sector will perform the work in Pascagoula, and provide waterfront support in various U.S. Navy ports. This is projected to be a five-year program. The contract award is for the first year; four one-year options are to follow

Star Bulk Announces Charter

Star Bulk Carriers Corp. announced it has agreed to a further three-year time charter for its capesize vessel Star Sigma. The three-year charter will commence in April 2009 when the current one-year time charter at a gross daily rate of USD 100,000 will expire. The three-year charter has gross daily charter average rate of $63,000 staggered as follows: USD 69,000 for the first year (April 2009-April 2010), USD 63,000 for the second year (April 2010-April 2011) and USD 57

Star Bulk Announces Charter

Star Bulk Carriers Corp. announced it has agreed to a further three-year time charter for its Supramax vessel Star Gamma. The new three-year time charter to Korea Line will commence in February 2009 when the current one-year time charter to TMT, at a gross daily rate of USD 28,500, will expire. The new three-year charter with Korea Line has a gross daily average rate of $38,000 staggered as follows: USD 45,000 for the first year (February 2009-February 2010), USD 38

Odfjell, Ceres To Merge Chem Tanker Fleets

Norway's Odfjell ASA and Greece's Ceres Hellenic Shipping will merge their chemical transport assets to create the world's largest fleet of clean tanker tonnage. The transaction, a combined $360 million investment, will create a combined fleet of 92 ships, of which 49 would be wholly or partly owned, company officials said. Odfjell will issue 4.9 million shares to Ceres, worth about $121 million, in exchange for nine chemical tankers totaling 335,000 dwt and four ships totaling 160

Marathon Ashland Petroleum Garners USCG Award

Marathon Ashland Petroleum LLC’s (MAP) Marine Transportation group has received the U.S. Coast Guard’s prestigious William M. Benkert Award for Environmental Excellence. Accepting the silver award on behalf of MAP Marine Transportation was Bruce Tilton, manager, Marine Transportation. “This is indeed an honor, and we are truly thrilled to receive this award, says Tilton. “Because this is the U.S. Coast Guard’s premier national award, recognizing marine environmental excellence

Panama Canal Practices Emergency Oil Spill Techniques

Oil spill emergency response teams gathered at the Panama Canal to attend the sixth International Mobilization, Preparedness & Response Exercise, held Dec. 4-6. During the event, the Panama Canal Authority (ACP) worked with various non-profits to test its emergency response system in affiliation with local and international organizations. MOBEX’s goal is to evaluate the Canal’s response mechanism for large oil spill accidents and measure the ACP’s ability to alleviate the

Exhaust Manifold Catalyst System Completes Trial on Tug

New V-CAT Manifold_092711-01.jpg

New Exhaust Manifold V-CATTM Catalyst System from MIRATECH Successfully Completes One Year Trial on Harbor Tug.   MIRATECH Corporation announces a successful first year demonstration of its new, patented V-CATTM Integrated Diesel Oxidation Catalyst System on a vessel powered by two EMD 12-645 roots blown diesel engines in service in California. MIRATECH Corporation, in partnership with Foss Maritime Company, has now successfully completed the first year of a three-year program to

NY State Senator to Address SUNY Maritime Cadets

Photo: SUNY Maritime College

New York State Senator Jeff Klein (D-Bronx/Westchester) will address and preside over SUNY Maritime College’s Indoctrination (INDOC) graduation on Saturday, August 22, the college announced today.   Senator Klein will address new students, their parents, family members

Struggle Continues at Vietnam Port

Photo credit: VietnamPlus

 The deep-river port complex in the southern province of Ba Ria-Vung Tau is still struggling to reach its designed capacity, says local media reports.   The seven deep-water seaports have been built by the Cai Mep – Thi Vai Port Group in the southern province of Ba Ria –

Market Growth to Bring More Carnival Ships to China

Rendering of Princess Cruises’ new China-based cruise ship, Majestic Princess. (Image: Princess Cruises)

Eying a rapidly growing cruise market, Carnival Corporation announces plans to sail more ships from China The Chinese cruise market, expected to become the world’s largest based on surging demand for cruise vacations by Chinese travelers

Wilh. Wilhelmsen, Callenberg Win SHIPPINGInsight Award

Wilh. Wilhelmsen ASA and Callenberg Technology Group were presented the 2015 SHIPPINGInsight Award was today at the SHIPPINGInsight 2015 Fleet Optimization Conference & Exhibition in Stamford, Conn.   The annual award honors a shipping company and its technology partners for the

Euronav Pays Bond to Buy 15 Maersk Tankers

Photo: Euronav NV

Euronav NV will repay the US$235 million bond issued to finance the acquisition of 15 VLCC oil tankers from Maersk Tankers Singapore, following a closure of its Initial Public Offering (IPO) of ordinary shares on the New York Stock Exchange.

Cold Kills 29 on Italian Coast Guard Boats

Twenty-nine migrants died of hypothermia aboard Italian coast guard vessels on Monday after being picked up from a boat adrift near Libya, reigniting criticism of the government's decision to end a full-scale search-and rescue mission last year.  

Carnival's $85M DR Facility to Begin Receiving Guests in October

The site plan for Carnivals Amber Cove facility (Photo courtesy of

Carnival Corporation today announced it will begin welcoming guests at its new $85 million Amber Cove port in the Dominican Republic beginning in October 2015. The facility, which represents the largest cruise industry investment ever made in the Dominican Republic

Britannia Sets Sail on Maiden Voyage

Britannia - image by P&O Cruises

 Britain's biggest ever cruise ship, the 141,000-ton Britannia, which was officially named by Her Majesty The Queen in Southampton has set off on its maiden voyage.    Thousands of passengers will be among the first to experience the luxury

Cuba Fears Invasion of US Yachtsmen

Havana Bay (Image: Public Broadcasting Service)

 The rapprochement between the United States and Cuba could mean that tens of thousands of U.S. yachts could soon descend on the island, an influx for which the country's infrastructure is not prepared, Agence France-Presse reported.  

NOAA’s National Saltwater Recreational Fishing Policy Opposed

Implementation Plan

  Recently, NOAA Fisheries released the implementation plan to support the latest National Saltwater Recreational Fishing Policy. The policy, announced at the Progressive Miami International Boat Show in February, was developed with input from recreational fishing and boating communities

Spanish Ferry Operator Enrolls in Carbon Credits Program

Spanish ferry operator Baleària has signed up to AkzoNobel’s carbon credits program. The company has enrolled its passenger ferry Martin i Soler into the scheme, which financially rewards ship owners by enabling them to generate income in the form of carbon credits earned by reducing

88 Crowley Vessels Awarded for Safety

Left to right:  Crowleys Mike Golonka, vice president, ship management;  Rhonda Smith and Captain Andrew Smith; Captain Bob Cates; Dale Wilson, manager marine operations, petroleum services; Captain Charles Carlson and Captain Dennis O’Leary. (Photo: Crowley)

Eighty-eight Crowley vessels honored with Jones F. Devlin Awards in recognition of 565 combined years of safe operations   Eighty-eight Crowley Maritime Corporation vessels received the Chamber of Shipping of America’s (CSA) annual Jones F

Mainstay Marine Looks Ahead Following Rebrand

Stewart Graves, Managing Director of Mainstay Marine Solutions outside the companys build hall on Pembroke Dock (Photo: Mainstay Marine Solutions)

South Wales maritime engineering company Mustang Marine has rebranded as Mainstay Marine Solutions.   The Pembroke Dock based workboat, marine energy device and waterside infrastructure specialist has adopted a new name and corporate image following its first year under new ownership.

Refinery Workers Approve 6-year Labor Pact

ExxonMobil Beaumont employs approximately 2,000 people and more than 1,000 contractors.

  Union workers at Exxon Mobil Corp's Beaumont, Texas, refinery agreed to an unusually long six-year contract on Thursday night, which sources say the company pushed to assure no work stoppages during a contemplated multibillion-dollar expansion.

Georgia Ports Score Record Cargo Numbers

(Photo: Georgia Ports Authority / Stephen B. Morton)

The Georgia Ports Authority moved a record 3.66 million twenty-foot equivalent container units in Fiscal Year 2015, an increase of more than half a million TEUs.   "The deepwater ports of Savannah and Brunswick are cornerstones of Georgia's success

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