Thursday, April 10, 2014 Maritime News

Philippine, Vietnamese Navies To Unite Against China

Apr 10, 2014

  Philippine navy will soon return to a South China Sea island it lost to Vietnam 40 years ago to drink beer and play volleyball with Vietnamese sailors, symbolising

Japan Approves Energy Plan Reinstating Nuclear Power

Apr 10, 2014

Japan's Cabinet on Friday approved a new energy policy, reversing the previous government's plans to gradually mothball nuclear power plants following the 2011 Fukushima disaster.

EBDG-designed aluminum ferry to be Constructed

Apr 10, 2014

Elliott Bay Design Group has designed a  steel hull, aluminum superstructure vessel which will be built  by Nichols Bros Boat Builders for Wahkiakum County.  The 115  ft.

Wärtsilä enters Paraguayan Inland Market

Apr 10, 2014

A new pushboat used to push barges convoys along the Paraguay River will be powered by a Wärtsilä integrated propulsion solution.   The vessel is being built

Sick Ship: More Than 100 Reported Ill on Cruise

Apr 10, 2014

A cruise ship with more than 100 passengers and crew suffering from a gastrointestinal ailment caused by Norovirus, have arrived in San Diego, a cruise line spokeswoman said on Thursday.

KONGSBERG signs Revolving Credit Facility

Apr 10, 2014

 Kongsberg Gruppen ASA (KONGSBERG) has signed a new NOK 1,500 million revolving credit facility with a syndicate of five banks   The facility has a tenor of five years,

Vinalines Set For IPO In Q1 2015

Apr 10, 2014

Vinalines, a major state-owned shipping firm, is scheduled to launch its initial public offering in the first quarter of 2015, according to the Transport Ministry, the Dau Tu newspaper reports.

Stalwart Tankers Postpones U.S. IPO

Apr 10, 2014

Greece-based chemical transportation company Stalwart Tankers Inc has postponed its U.S. IPO plans due to "market conditions," an underwriter told Reuters.   The company filed with U.

Box Ships announces Prices Public Offering

Apr 10, 2014

 Box Ships Inc.,ATHENS,  today announced that it has priced its public offering of 5,000,000 units consisting of its common shares and warrants at $2.05 per unit.

Libya's Coastguard Detains 400 Immigrants

Apr 10, 2014

Libya's coastguard has detained more than 400 immigrants, mostly from the Horn of Africa, in its waters in the past two days as they tried to illegally cross to Europe in small boats,

Debt-Laden Bulk Shipper to be Liquidated

Apr 10, 2014

A Chinese court has ordered a unit of debt-laden dry bulk goods shipper Chang Jiang Shipping Group Phoenix Co Ltd to liquidate its assets, displaying further evidence

Navy Cuts One Littoral Combat Ship in 2015

Apr 10, 2014

 U.S. Navy Aims To Smooth Impact Of Fiscal 2015 Cut To Ship Orders   Add to Collection(Oil)|Print Download:Plain TextXMLAll         WASHINGTON, April 10 (Reuters) - The U.

Energy Takes Centerstage in U.S., Russia Dispute

Apr 10, 2014

President Vladimir Putin warned on Thursday that Russian gas supplies to Europe could be disrupted if Moscow cuts the flow to Ukraine over unpaid bills, drawing a U.

Glacial Energy Files For Bankruptcy Protection

Apr 10, 2014

Electricity and natural gas retailer Glacial Energy Holdings filed for Chapter 11 bankruptcy protection on Thursday with the intention to sell its assets to repay its debts.

Padbury Mining Secures $6.5 Bln Port Funding

Apr 10, 2014

Australia's Padbury Mining Ltd said it had secured almost $6.5 billion in funding to build a new deepwater port and railway at Oakajee in Western Australia, potentially

USCG Responds to Sailing Vessel Allision

Apr 10, 2014

Coast Guard Station Mayport crewmembers responded to a report of a sailing vessel that allided with the Main Street Bridge Thursday in Jacksonville, Fla., in the St.

High-cost Australia May Miss LNG Expansion

Apr 10, 2014

Stung by soaring costs, the gas industry paints a gloomy outlook for new liquefied natural gas (LNG) projects in Australia, putting at risk $180 billion of developments from 2018 onwards.

MERPAC to Meet on IGF Code Training Requirements

Apr 10, 2014

A working group of the Merchant Marine Personnel Advisory Committee (MERPAC) will meet to work on Task Statement 80, concerning crew training requirements onboard

Torm Confirms Tanker Sale

Apr 10, 2014

Torm announced today the confirmation of its March 7, 2014 agreement in principle to sell 13 product tankers to entities controlled by Oaktree Capital Management.

NOIA Elects Rynd Chairman, Taylor Vice Chair

Apr 10, 2014

The National Ocean Industries Association (NOIA) Board of Directors has elected John T. Rynd as Chairman of NOIA and Cindy B. Taylor as Vice Chair of NOIA for the upcoming 2014-2015 term.

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