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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


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


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


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


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


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


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


Shetland Race Yachts Due at Lerwick

Yachting - Lerwick  Courtesy Lerwick Port

The annual Shetland Race from Bergen will be at Lerwick from Thursday 23 to Saturday 25 June. 2016 marks the 30th annual race which started in 1987 – that first year with only one competitor actually making the trip but it still ranked as a qualifying race


Moore Assumes Command of NAVSEA

Vice Adm. Thomas Moore relieves Vice Adm. William Hilarides as commander, Naval Sea Systems Command (NAVSEA) during a change of command ceremony today at the Washington Navy Yard. NAVSEA provides centralized surface ship li

Vice Adm. Thomas J. Moore relieved Vice Adm. William H. Hilarides as commander, Naval Sea Systems Command (NAVSEA) during a June 10 ceremony at the Washington Navy Yard. Moore graduated from the United States Naval Academy in 1981 with a Bachelor of Science in math and operations analysis


Foss Christens Second Arctic Class Ocean Tug

The Denise Foss, ready for the Arctic far North (Photo: Foss)

The second of three new state-of-the-art Arctic Class tugs, the Denise Foss, was christened June 1, 2016 at the Foss Waterway Seaport in Tacoma, Wash. Built at the Foss Rainier, Ore. Shipyard, the Denise is designed to operate in the extreme conditions of the far north


Ardent Turns One

Peter Pietka (Photo: Ardent)

In May, 2015, Svitzer Salvage, a part of the Maersk Group, and Titan Salvage, under the Crowley Group, merged to form Ardent. Now the salvage industry’s “new kid on the block” celebrates its first birthday.   The merger


Oman Shipping Makes Profit

Photo: OmanShipping Company SAOC

 Oman Shipping Company (OSC) reported a $180 million profit in 2015. Tariq bin Mohammed Al Junaidi, chief executive officer of OSC has been quoted by  Oman News Agency saying that  achieving significant profit came as a result of the good performance of the operations of the


Nominations Open for SHIPPINGInsight Award

Nominations are now being accepted for the 2016 SHIPPINGInsight Award. The annual award will be presented at a gala luncheon on the opening day of the fifth SHIPPINGInsight Fleet Optimization Conference & Exhibition, Oct. 18, in Stamford, Conn.  


Pioneer Marine Sink Deeper into the Red

Photo Pioneer Marine Inc.

Pioneer Marine Inc. and its subsidiaries (OSLO-OTC: PNRM) ("Pioneer Marine," or the "Company") a leading shipowner and global drybulk handysize transportation service provider announced its financial and operating results for the first quarter ended March 31, 2016.


Barge Master Wins Innovation Award at OTC

Photo: Barge Master

The Barge Master T40 motion compensated knuckle boom crane has been recognized for technological innovation, winning the Spotlight on New Technology Small Business Award at this year’s Offshore Technology Conference (OTC) in Houston.  


North P&I Suggests Owners Join the CSO Alliance

North P&I Club has partnered with CSO Alliance, an online community of maritime company security officers (CSOs), to encourage its members to join and take part in security-related information sharing. In a first for the P&I sector, all CSOs in North’s 131 million GT owned fleet will


First Shippers Sign on Rolls-Royce Autonomous Ship Project

Finferries 65 metre double ended ferry, the Stella, which operates between Korpo and Houtskär in Finland will undertake a series of tests of sensor arrays in a range of operating and climatic conditions. (Photo: Rolls-Royce)

The Advanced Autonomous Waterborne Applications Initiative (AAWA) project, led by Rolls-Royce, introduced the project’s first commercial ship operators: ferry operator Finferries and dry bulk cargo carriers ESL Shipping Oy. The announcement came at a conference presenting the findings of the


Secretary Foxx Designates 3 Marine Highway Projects

Anthony Foxx Photo U.S. Maritime Administration

U.S. Transportation Secretary Anthony Foxx has designated three new Marine Highway Projects. The Mississippi River, previously designated as the M-55, will serve as the primary route for the Baton Rouge-New Orleans Shuttle project.  Sponsored by the Port of New Orleans in partnership with


SUNY Maritime Students Fundraise for Cancer Research

(Photo: SUNY Maritime College)

Research for finding cures to childhood cancers got a little help from SUNY Maritime College students last week.   A group of students raised more than $5,500 for St. Baldrick’s Foundation, a charity that funds childhood cancer research.   


Crystal Serenity Prepares for Arctic Voyages

Crystal Serenity (Photo: Crystal Cruises)

In preparation for cruise liner Crystal Serenity’s planned Arctic summer cruise in 2016, Crystal Cruises has selected Rutter Inc.’s sigma S6 Small Target Surveillance (STS) and Ice Navigator systems to provide enhanced small target detection of first-year and multi-year sea ice as well


Ship Retrofit to Cut Fuel Use by 25%

Liberian flagged  vessels are eligible for a 50 percent tonnage tax discount for the first year after retrofit. Photo CWR

Carbon War Room (CWR) announced today that a collaboration between Hammonia Reederei, a Hamburg-based shipowner, and New Orleans-based charterer Intermarine, has enabled the retrofit of three sister vessels with multiple efficiency technologies


Foreship Counsels Polar Forethought

Goal-based concept design is key to ensuring new generation exploration ships can enter unforgiving polar seas in comfort and safety, according to Foreship, the cruise industry’s most widely-consulted design and engineering company.  






 
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