November, 2008 Maritime News

Signal Dock - Thunder Hawk Hull Repair

Nov 26, 2008

Signal International announced that SBM-Atlantia’s Thunder Hawk is currently drydocked at the company’s Port Arthur Texas facility for hull repairs. The huge

Suez Canal Income May Drop Due to Piracy

Nov 26, 2008

A Nov. 25 report from the Associated Press said that the Suez Canal, a shortcut between East and West for nearly 140 years, is facing an enormous challenge, as

Danaos Corp Share Repurchase Program

Nov 26, 2008

Corporation (NYSE: DAC) announced that its Board of Directors has approved a share repurchase program and authorized the officers of the company to repurchase, from time to time,

Dover Port - 3 More Days of Strike

Nov 26, 2008

Hundreds of Unite members working at the Dover Harbour Board will begin a further three day strike starting 7:00 a.m. on Thursday, Nov. 27. They will be demanding that their jobs not be outsourced.

Korea Ship Exports to Hit $53b in 2009

Nov 26, 2008

According to a report from KBS, Korea’s domestic shipbuilding industry will lead the nation’s exports in 2009 as it is expected to exceed the $50b mark in exports for the first time. (Source: KBS)

Rig Rates Down 10 Percent

Nov 26, 2008

According to a Nov. 25 report from Business Standard, the current global credit crisis and an over 63 percent fall in crude oil prices in the last four months have

Star Bulk 3Q, 9 Mo Results

Nov 26, 2008

Star Bulk Carriers Corp. (Nasdaq: SBLK), a global shipping company focusing on transportation of dry bulk cargoes, announced its operating results for the third

Kotug Christens 3 Tugs

Nov 26, 2008

SNRH, the French subsidiary of the European tugboat company Kotug, christened three identical tugs in Le Havre during a ceremony which took place in front of their

Grand Alliance Changes Service

Nov 26, 2008

The Grand Alliance (GA) carriers – Hapag-Lloyd (HL), Nippon Yusen Kaisha (NYK) and Orient Overseas Container Line (OOCL) – announced a revised Asia-US East Coast service,

Costa Container to Become Hamburg Süd

Nov 26, 2008

With effect from 1 January 2009, the Hamburg Süd shipping group is replacing its Costa Container Lines (CCL) brand with the Hamburg Süd name in order to present itself worldwide under a unified brand.

Japanese Shipbuilders Sign Aveva Contracts

Nov 26, 2008

Aveva (LSE:AVV), supplier of engineering IT systems for the plant and marine industries, announced that several Japanese shipbuilders -- Namura Shipbuilding, Universal Shipbuilding Corporation,

Tackling Piracy at Sea, March 18-19

Nov 26, 2008

Somalia is now the backdrop against which increasing levels of piracy are seen. With both the frequency and violence of attacks thought to be growing, there is mounting pressure on governments,

New England – USCG Operation Big Tow

Nov 26, 2008

Coast Guard personnel throughout New England recently launched an operation to ensure that commercial tugs are following rules, regulations and licensing procedures.

FMC Compromise Agreements

Nov 26, 2008

On Nov. 24 the Federal Maritime Commission summarized compromise agreements reached with various ocean transportation intermediaries with respect to alleged violations of the Shipping Act of 1984.

DRBOSAC – Meeting

Nov 26, 2008

The Delaware River and Bay Oil Spill Advisory Committee (DRBOSAC), sponsored by the US Coast Guard, will meet in Philadelphia on December 17. This will be the inaugural meeting of the Committee,

DOD –Carriage of DOD Cargo

Nov 26, 2008

The Defense Acquisition Regulations System of the Department of Defense (DOD) promulgated a final rule establishing evaluation criteria for use in obtaining carriage

Allegheny River – Safety Zone

Nov 26, 2008

The US Coast Guard established a temporary safety zone, through December 31, on the Allegheny River between mile markers 36.1 and 36.5 due to hazards associated

CBP – 10 + 2 Rule Published

Nov 26, 2008

The US Customs and Border Protection (CBP) issued the interim rule regarding importer security filing and additional carrier requirements (better known as “10 + 2”).

Fiomarine Sells Buoys to US Navy

Nov 26, 2008

The United States Navy received a second major shipment of Fiobuoys, made by Fiomarine, a small company based in Tasmania, Australia. The shipments are part of a two-year supply contract.

Shell to Supply LNG to China in 20yr Deal

Nov 26, 2008

According to a report from Reuters, China's official Xinhua news agency said on Nov. 24 that Royal Dutch Shell Plc has agreed to sell an annual two million tonnes

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