Two Ships Seized Off Somali Coast
According to a Jan. 2 report from Voice of America News, authorities say Somali pirates have hijacked a British-flagged cargo ship transporting cars and a chemical tanker from Singapore.
Putin Plans $700M Shipyards for Far East
According to a Jan. 4 report from the Moscow Times, Prime Minister Vladimir Putin announced plans for the state-run United Shipbuilding Corporation to build two…
Doosan to Doubles Profit in 2010
According to a Jan. 3 report from The Korean Times, Doosan Group has set this year's operating profit target at $1.4b, up 100 percent from 2009, group chairman Park Yong-hyun said Dec. 31.
MOL President’s 2010 New Year Message
A Happy New Year to all in our MOL Group companies. There is a Japanese saying, “ichiyo-raifuku” (the return of spring), meaning that “the winter has left and the spring has come”. It also means that “after a series of unfortunate things happened, things finally turning for the better”. I would like to celebrate the beginning of a new year together with all of you by rewording slightly this saying for MOL to “ichiyo-KENfuku”…
USCG Foundation Honors Lockheed Martin
The Coast Guard Foundation, a non-profit organization committed to the education, welfare and morale of all Coast Guard members and their families, announced that…
Safe Bulkers, Early Termination of Charter
Safe Bulkers, Inc. (NYSE: SB), announced that it has agreed to terminate the existing charter of the Kamsarmax-class vessel Pedhoulas Merchant. The charter was contractually…
This Day in Naval History – Jan 5
1875 - CDR Edward Lull begins expedition to locate best ship canal route across Panama. Route followed 30 years later. 1943 - USS Helena (CL-50) fired first proximity…
This Day in Coast Guard History – Jan 5
1883- At 1 o’clock in the afternoon, the crew of the Quoddy Head Station discovered a schooner at anchor. The weather was bitter cold, with a gale from the northwest.
Shipmast Height Detection for MPA Singapore
Singapore Exchange Mainboard-listed Stratech Systems Limited (Stratech) announced that it has been awarded a S$1.16m contract by the Maritime and Port Authority (MPA) of Singapore to design…
NG Moves Corporate Office to D.C. Region
Northrop Grumman Corporation (NYSE: NOC) announced a decision to move its corporate office from Los Angeles to the Washington D.C. region by 2011. The company is…
Horizon Lines New Terminal in Oakland
Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has entered into a new agreement for terminal operations at the Port of Oakland.
Acquarulo Jr. Named ComNet President & CEO
Communication Networks of Danbury, Connecticut, doing business as ComNet, has named Andrew Acquarulo Jr., as its President and Chief Operating Officer (COO). Acquarulo will be responsible for ComNet’s worldwide strategic vision, operations and sales for the ComNet fiber optic and Ethernet product lines. Acquarulo will report to George Lichtblau, ComNet Chairman and CEO. In his role as ComNet President…
Panama Celebrates Decade of Canal Management
December 31, 2009, marked a decade of management of the Panama Canal by Panama. This vital trade artery has long stood as one of the world’s most recognized and respected engineering marvels and a crucial link in the global supply chain. Building on this, the decade of Panamanian stewardship and leadership has been evidenced by change, achievement and growth. By nearly every measure, the Canal’s role in world trade and value to global commerce has increased significantly in the past 10 years.
Veripos Extends Network with Falklands
Veripos, a Global Navigation Satellite System (GNSS) positioning solutions to the offshore oil and gas industries, has extended its multi-source Differential GPS…
Eye on the Navy
On Jan. 1, 2010, the guided-missile cruiser USS Chosin (CG 65) patrols the Gulf of Aden in support of counter-piracy operations. Chosin is the flagship for Combined Joint Task Force 151, a multinational task force established to conduct counter-piracy operations off the coast of Somalia. (U.S. Navy photo by Mass Communication Specialist 2nd Class Daniel Edgington/Released)
Pirates Thwarted in Strait of Singapore
The ReCAAP Information Sharing Centre issued an Incident Alert stating that a product tanker transiting the Strait of Singapore was attacked by pirates in five of six small boats.
Complaint Filed Against Port of Oakland
The Federal Maritime Commission (FMC) issued a notice stating that SSA Terminals (SSAT) has filed a complaint asserting that the City of Oakland, acting by and through its Board of Port Commissioners…
Palm Beach Selects Florida Crystals as Partner
The Port of Palm Beach District selected Florida Crystals as its partner to develop the South Florida Regional Intermodal Logistic Center in western Palm Beach County…
Hornbeck Offshore Largest Supply Vessel
Hornbeck Offshore Services, Inc. (NYSE:HOS) has introduced the HOS Centerline, a Jones Act qualified, 370-ft multi-purpose support vessel (MPSV) to its fleet. This HOS 370 design…
This Day in Naval History – Jan 6
1967- Operation Deckhouse V begins in Mekong Delta, Vietnam. 1996 - USS Hopper, named for RADM Grace Hopper, commissioned.