Thursday, May 12, 2011 Maritime News

Independent Monitoring of Deep-sea Hydrocarbon Industry

May 12, 2011

Writing in the scientific journal Nature, scientists have called for increased discussion of independent monitoring of deep-sea hydrocarbon industry activity with

Naval Architecture and Marine Engineering Awarded Project

May 12, 2011

Naval Architecture and Marine Engineering Italian firm Alberto ALBERT was awarded a project to develop for Italian Logistic firm MOVENDO International the transport

GL Debuts Korean Language Corporate Website

May 12, 2011

Germanischer Lloyd (GL) has for nearly 35 years used its technical expertise and knowledge to serve the Korean shipbuilding community. A recently-launched Korean language sub-site,

Huntington Ingalls Profit Up 9.8%

May 12, 2011

According to a report from The Virginian-Pilot, about six weeks after it was spun off by Northrop Grumman Corp., shipbuilder Huntington Ingalls Industries Inc.

USCG Responds to Rising Water on Inland Rivers

May 12, 2011

The Coast Guard has stood up a Maritime Transportation System Recovery Unit, Tuesday, in response to rising water levels on the Inland River System that have impacted commercial traffic.

Knightsbridge Tankers' Profit Drops

May 12, 2011

According to a report from Reuters, Knightsbridge Tankers Ltd reported a 16% drop in quarterly profit as ship-oversupply hurt sales. Capesizes barely covered their

Iron-Ore Ship Rents Fall

May 12, 2011

According to a report from Bloomberg, rents for capesize ships that haul iron ore fell the most in a month on excess vessel supplies. Hire rates fell 5.4% to $6,

AKE Supports Unarmed Solution to Piracy

May 12, 2011

by Brittany Damora On the day a South Korean ship was attacked by pirates, the “Security Threats to Korean Business Operating Overseas” conference, run by Assist Card Korea,

Stealthgas Receives New LPG Ship

May 12, 2011

STEALTHGAS INC. (Nasdaq:GASS), a ship-owning company serving primarily the liquified petroleum gas (LPG) sector of the international shipping industry, announced today the delivery of Gas Cerberus,

Hapag-Lloyd In 2011 First Quarter

May 12, 2011

In the traditionally weak first quarter Hapag-Lloyd managed to boost revenues by comparison with the same period of the previous year by 16.5 percent to 1.483 million euros.

Marine Current Turbines Wins Prestigious International Award

May 12, 2011

Marine Current Turbines, the UK tidal energy technology company, has won EnergyOcean International’s 2011 Technology Pioneer Award for successfully demonstrating

STX Europe 1Q 2011 - Improvements Continuing

May 12, 2011

Highlights:   -  EBITDA of NOK 424 million in Q1 2011 compared with NOK 88 million in Q1  2010. -  Profit before tax of NOK 334 million for Q1 2011 (Q1 2010: NOK -151 million).

Dr. Fleming President of BMT Fleet

May 12, 2011

BMT Fleet Technology Ltd, a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, is pleased to announce

Wilhelmsen Holding Q1 2011 Results

May 12, 2011

Wilh. Wilhelmsen Holding ASA (WWH) delivered a substantial increase in operating profit year over year backed by a rebound in its shipping activities.   WWH posted an operating profit of USD 57.

Conrad Announces Q1 2011 Results

May 12, 2011

Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced today its first quarter 2011 results and backlog, and discussed challenges presented by the rising

NOIA Applauds Passage of HR 1229

May 12, 2011

Washington, D.C. – National Ocean Industries Association (NOIA) President Randall Luthi today issued the following statement on the approval of HR 1229, `Putting

Prem Kumar Added to EPA Fugitive List

May 12, 2011

Defendant failed to surrender after indictment in illegal vessel pollution case WASHINGTON – Prem Kumar, also known as Premakumaran Krishnan, a citizen of India, has been added to the U.

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