The St. Lawrence Seaway Management Corporation (SLSMC) issued a statement that the 2002-2003 Annual Report is now available. Including both a narrative text and financial summary, the annual report also mentions that the SLSMC's new business plan increases maintenance expenditures by 36 percent over the next five years. Source: HK Law
Horizon Lines updates progress towards environmental excellence A report (available at www.horizonlines.com) presenting the company’s progress in pursuing environmental excellence through its ongoing “Green Initiatives Program" has been release by Horizon Line.” The report describes the carrier’s efforts to mitigate environmental impact from shipping operations and intermodal transport.
Todd Shipyards Corporation announced financial results for the second quarter ended September 29, 2002. For the quarter, the company reported net income of $2.0 million. For the six month period then ended, the company reported net income of $4.3 million. In the prior year second quarter ending September 30, 2001, the company reported net income of $3.0 million. Per share calculations for the second quarter and first six month period ended September 29
Oil giant TotalFina, which chartered the ill-fated oil tanker Erika, tightened its policy on chartering older tankers. However, company officials stressed that a new age limit on large ships, which would not have stopped it chartering the mid-sized Erika, needed to be backed up by tougher international maritime standards and greater transparency of safety checks. "We still need a global initiative and we are still calling for tighter controls and for charterers to have more access to
Information at the Edge of the World The need for ship-to-shore information exchange has never been greater. Lawrence Poynter product director at iOra explores the sophisticated connectivity solutions that can keep the fleet afloat. For armchair sports fans, 2012 has been a bumper summer of wall-to-wall media coverage. For naval crews, getting the latest NASCAR results, football scores or Olympic record times is more difficult – but not impossible
Following recent reports in the media regarding the use of Emergency Position Indicating Radio Beacons (EPIRBs) the Department of Transport, Tourism & Sport wishes to clarify the position regarding the approval and use of EPIRBs in Ireland. Fishing vessels in Ireland are subject to a comprehensive survey regime covering all safety equipment, including the EPIRB, and a safety certificate is only issued on foot of satisfactory completion of the survey
GlobeOffshore, the first fully integrated workboat management system, is now available from Globe Wireless. The system acts as a decision support tool helping to improve vessel utilization, streamline operational and strategic decisions and maximize vessel efficiency. Onboard, the GlobeOffshore log captures all types of information - cargo, operational, crew and passenger, and position. The data is then available to the vessel owner via the Internet
Large tanker fixing out of the key Middle East market slowed last week as charterers had largely covered their October liftings, resulting in the softening of rates by about two and a half Worldscale points, brokers said last week. VLCCs to Japan commanded between W51 and W52.5, down from the mid W50s the previous week, while Korea was slipping to W50 by the end of the week. Westbound to the U.S. Gulf maintained W47.5, and one Continent fixture reached W50.
Worldwide oil and gas drilling contractor GlobalSantaFe Corporation (GSF)said that its report of drilling rig status and contract information has been updated as of June 8, 2007. The drilling rig status and contract information report on GlobalSantaFe's offshore drilling fleet is available in a condensed format via the company's Web site at http://www.globalsantafe.com. The report is located in the "Investor Relations/SEC filings" section
The U. S. Army Corps of Engineers is preparing to release a draft proposal for public comment and review in the Upper Mississippi River and Illinois Waterway Navigation Feasibility Study. The Corps' study team met with federal principals from the U.S. Department of Agriculture, Environmental Protection Agency, Fish and Wildlife Service and Maritime Administration to discuss the range of possible alternatives. The next step will be the preparation of a draft report in May
Port congestion eases at Basra and Chinese ports; tanker demand set to expand on lower oil prices. Freight rates for very large crude carriers (VLCCs), hurt by slower-than-usual release of cargo, could slip further next week as more tonnage becomes available with the easing of recent tanker
An Italian merchant ship rescued 26 migrants off the coast of Libya in rough seas and others were feared missing, the Coast Guard said on Saturday. The Coast Guard received a call from a satellite telephone on Friday but no voice was heard
TEKEVER will present at Xponential/AUVSI its new vessel detection capabilities for its UAS product lines. Available for TEKEVER’s AR3 and AR4 product lines, the new capabilities allow for an increased effectiveness of the systems in multiple types of maritime missions.
Rising levels of CO2 are making it hard for fish to breathe in addition to exacerbating global warming and ocean acidification. Climate change has caused a drop in the amount of oxygen dissolved in the oceans in some parts of the world
Kongsberg Maritime has delivered new fleet and vessel management functionality through a recent customized software update across Dampskibsselskabet NORDEN A/S’ fleet and shore offices. The software roll-out took place during January 2016 and included updates to vessel and shore based
Dales Marine, a privately owned ship repair companies in Scotland, has enhanced its portfolio by introducing two new services to support the growing needs of the shipping and offshore industry. In addition to its capabilities for working in ship repair and maintenance
Chinese shipping conglomerate COSCO is in advanced talks with Greek real estate developer Grivalia and logistics provider PAEGAE, about jointly bidding to build and operate a rail freight terminal near Athens, a Greek newspaper reported.
Newly available version of RedPort XGate satellite email and data services suite now includes PredictWind weather forecasting service, letting users select, download and view marine weather forecasts over satellite and cellular networks.
The USS Fort Worth, a U.S. warship that suffered damage to its combining gears in Singapore in January, will travel to San Diego under its own power for extensive repairs at a General Dynamics Corp shipyard, the U.S. Navy said Wednesday. The new coastal warship, built by Lockheed Martin Corp
National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a 53.6 percent jump in first-quarter net profit on Monday. The company's net profit for the three months to Mar. 31 was 611.99 million riyals ($163.3 million), up from 398
Two International Marine Contractors Association (IMCA) documents, often written into contracts by clients, have been fully revised and published. ‘Guidelines for the Design and Operation of Dynamically Positioned Vessels’ (IMCA M103 Rev 2)
After a slow start scrapping of containerships gathered momentum towards the end of 2015 and has continued into 2016, says Drewry Maritime Research. A record intake of newbuild containershps (1.7 million teu) in 2015 coincided with an unusually low scrapping total
Authorities from at least two Indonesian coal ports have stopped allowing vessels to leave for the Philippines due to security concerns following a spate of ship hijackings in the southern Philippines, a government official said on Wednesday.
The U.S. Environmental Protection Agency (EPA) has proposed to designate a dredged material disposal site to serve the eastern Long Island Sound region. The Eastern Long Island Sound Disposal Site (ELDS) would be located offshore from New London, Conn
Royal Caribbean Cruises Ltd reported a 5.6 percent rise in quarterly revenue, helped by higher passenger ticket revenue and onboard spending, sending the company's shares up 4 percent in premarket trading. Royal Caribbean also raised its full-year earnings forecast to $6.15-$6