Tuesday, October 15, 2013 Maritime News

Tommy Mølgaard Leaves APM Terminals, Appointed Damco CFO

Oct 15, 2013

Damco announces the appointment of Tommy Mølgaard as Global Chief Financial Officer. Mølgaard takes up his position in Damco’s Headquarters after occupying the

Contractors, B&W, Comment on US Government Shutdown Effect

Oct 15, 2013

The Babcock & Wilcox Company has issued the following statement regarding the potential impact of the government shutdown: "B&W is closely monitoring the government

Chinese Cargo Ship Sinks: 8 Crew Dead, 3 Still Missing

Oct 15, 2013

Eight crew members of 19 crew aboard a Panama-flagged Chinese-owned 8,461-tonne freighter, died after their vessel sank in rough seas off the South Korean harbour of Pohang, reports Xinhua.

Venezuela to Free Seized Seismic Survey Ship

Oct 15, 2013

Venezuela has agreed to free a U.S.-chartered oil survey ship and 36 crew members seized last week in a territorial dispute with neighboring Guyana, reports Reuters, citing the vessel's owner.

Port of LA September 2013 Container Volumes Top 700,000 TEU's

Oct 15, 2013

The Port of Los Angeles has released its September 2013 cargo volumes. September overall volumes totaled 710,892 Twenty-Foot Equivalent (TEU) containers, the third

Australia Boosts Funds for SADI Program

Oct 15, 2013

Minister for Defence David Johnston has announced the award of more than $10.5 million in grants to more than 120 companies under the most recent round of the Skilling

Transocean Future Newbuild Drillship Chartered Out

Oct 15, 2013

Transocean Ltd. has been awarded a five-year contract by Chevron U.S.A. Inc. for a newbuild dynamically positioned ultra-deepwater drillship. Shipyard delivery

Safe Bulkers Declare Series B Preferred Shares Dividend

Oct 15, 2013

Greece-based dry bulk ship owners Safe Bulkers declares a cash dividend of $0.51111 per share on its 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares for the period from July 30,

Canada Conducts Spill Response Study

Oct 15, 2013

A comprehensive study assessing current marine-spill preparedness and response capabilities was released by the Province today. The study also outlines necessary

Thailand Product Tanker Reported Missing

Oct 15, 2013

ReCAAP ISC reported that the owner of Thailand-registerer oil product tanker, Danai 4 had lost contact with the vessel, and the ship is assumed missing. The

Net-Logic Expands VesselWatch Applications

Oct 15, 2013

Net-Logic announced the expansion of the VesselWatch functions with the addition of three new applications. Monaco Yacht Show last month saw a strong reception

Rolls-Royce Design and Equipment for COSCO

Oct 15, 2013

Rolls-Royce has won an order to provide an integrated design and equipment package for two offshore supply vessels to be built at COSCO (Guangdong) Shipyard Co.

USCG: Shrimp Boat Flooding Under Control

Oct 15, 2013

Flooding is now under control on the 88-foot shrimp boat Sea King that was taking on water with four people aboard off Ponte Vedra, Fla., Tuesday morning. The

Florida Gov. to Address Port Infrastructure Investments

Oct 15, 2013

Florida Governor Rick Scott will serve as the keynote speaker on Wednesday, Oct. 16, at the American Association of Port Authority’s (AAPA) 102nd Annual Convention and Expo in Orlando, Fla.

Monico and CMR Form Strategic Alliance

Oct 15, 2013

Monico Monitoring, Inc., a company in the industrial monitoring and control solutions market, formed a strategic alliance with CMR Group, a manufacturer of industrial engine controls,

Today in U.S. Naval History: October 15

Oct 15, 2013

Today in U.S. Naval History - October 15 1917 - USS Cassin (DD-43) torpedoed by German submarine U-61 off coast of Ireland. In trying to save the ship, Gunner's

Lincoln Debuts New Welding Helmet

Oct 15, 2013

The new, lightweight VIKING 1740 Series Auto-Darkening Welding Helmet from Lincoln Electric offers a variety of features designed to reduce the cost of ownership

Moody's Upgrades CMA CGM's Financial Outlook

Oct 15, 2013

Moody's Investors Service has upgraded CMA CGM S.A.'s corporate family rating (CFR) to B2 from B3 and the company's probability of default rating to B2-PD from B3-PD.

2H Offshore’s Brazil Team Adds Technical Managers

Oct 15, 2013

2H Offshore, an Acteon company, has appointed Pedro Viana and Roberto Alvim as the technical managers of its Rio de Janeiro, Brazil office to strengthen its management team and drive business growth.

USCG Grants Certificate Extension for Some Commercial Ships

Oct 15, 2013

Due to the lapse in government funding, the U.S. Coast Guard announced Tuesday that it will allow commercial vessels engaged in domestic voyages between ports in


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