Tuesday, April 08, 2014 Maritime News

Senator Landrieu Defends Jones Act

Apr 08, 2014

The United States should strengthen a century-old law designed to protect the domestic shipping industry, rather than relax it under pressure from the energy industry,

Brazil Election Jitters May Hit Investments In 2014

Apr 08, 2014

Brazil's presidential vote will likely delay some investment decisions this year but spending on infrastructure is expected to remain strong, a senior government official told Reuters on Tuesday.

Saudis Keeps May Crude Supply Steady

Apr 08, 2014

Saudi Arabia, the world's top crude exporter, will supply full contracted volumes of crude oil to at least two Asian term buyers in May, unchanged from April, industry

"Shock" incidents blight falling piracy rate

Apr 08, 2014

A UK maritime intelligence provider Dryad Maritime released its Q1 maritime crime figures which show an overall downturn in incidents across the Horn of Africa,

Maersk Line increases business while reducing CO2 footprint

Apr 08, 2014

 Maersk Line today published its Sustainability Progress Update for 2013, showing a 3.8 million tonnes CO2 reduction in a year where the business grew 4.1%. “2013

Aegis Logistics commissioned ahead of schedule

Apr 08, 2014

Aegis Group, a Leader in Oil, Gas and Chemical Logistics, announced successful early commissioning of the 70,120 KL Bulk Liquid Terminal at Pipavav port on West coast of India.

Possible tug strike at Port Hedland

Apr 08, 2014

 The risk of strike action at Port Hedland has escalated, after two more unions representing tugboat workers sought permission to ballot workers which possibly could lead to industrial action.

NewLead to Acquire Two Panamax Dry Bulk Vessels

Apr 08, 2014

NewLead Holdings Ltd announced today that it has previously signed a term sheet with a leading financial institution to provide 75% debt financing for two second-hand

Crowley Acquires Ship Management Company

Apr 08, 2014

 Crowley Maritime Corporation announced today that it has acquired majority ownership of Accord Ship Management (HK) Limited and Accord Marine Management Pvt. Ltd.

Petrobras Secures Loan for RUpdate: efinery

Apr 08, 2014

Petroleo Brasileiro SA borrowed 4 billion reais ($1.8 billion) in a 17-year loan from Banco Bradesco SA to help pay for work on the Abreu e Lima refinery in northeastern Brazil,

Alaska Proposes Passenger Vessel Discharge Legislation

Apr 08, 2014

ADEC Cruise Ship Program The Alaska Department of Environmental Conservation (DEC) Commercial Passenger Vessel Environmental Compliance Program is proposing to

Louisiana Ranked Top US Maritime State

Apr 08, 2014

Domestic Maritime Supports Nearly 55,000 American Jobs, Contributes More than $11 Billion Annually New data released today shows that Louisiana ranks first in

U.S. to Cut Nuclear Launchers under Russia Treaty

Apr 08, 2014

The United States will scale back its nuclear bombers, submarine launchers and ballistic missiles in the first cuts to its leftover cold war nuclear arsenal since

Japan Weighs Energy Options, Costs Mount for Idled Reactors

Apr 08, 2014

Since March 2011, Japan's government has focused on the cost of cleaning up after Fukushima, the worst nuclear accident since Chernobyl. Now, the bill is coming

Barge Strikes Bridge; Mississippi River Closed in Iowa

Apr 08, 2014

The U.S. Coast Guard on Tuesday closed the Mississippi River at Sabula, Iowa, after a barge struck a railroad bridge, said Eric Washburn, bridge administrator for

Barge Runs Aground Near Anna Maria

Apr 08, 2014

A 180-foot barge ran aground on Anna Maria Island after breaking free from a tug boat early Tuesday morning. Coast Guard watchstanders at Sector St. Petersburg received notification at 2 a.

Miami's Port to Issue Bond to Pay Debt, Fund Tunnel Project

Apr 08, 2014

The port of Miami's total debt is set to pass $1 billion after Miami-Dade County commissioners approved a $225 million bond offering on Tuesday to meet existing

Angeli Promoted to President, GM of ACR Electronics

Apr 08, 2014

ACR Electronics announced the promotion of Gerald Angeli to President and General Manager. In his new position, Gerald oversees the manufacturing of ACR and ARTEX products,

Registration Open for US Maritime Strategy Symposium

Apr 08, 2014

Registration is now open for the Second National Maritime Strategy Symposium: Domestic Shipping Opportunities, being hosted by the Maritime Administration (MARAD) on Tuesday,

Asia-Pacific Crude Steady, Conoco Sells Bayu Undan

Apr 08, 2014

The Asia-Pacific crude market held steady on Tuesday as traders sought clarity on the supply of June-loading cargoes amid potentially higher Libyan exports. "We

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