Multi-purpose Cargo Ships – Market Survey Predicts Rise in Rates
Drewry’s latest Multipurpose Shipping report reveals that rates have started to firm again and the demand outlook is steady for both breakbulk and project cargo…
DP World to Repay Loan with Existing Cash
DP World Limited announces it will use existing cash resources to repay all $3 billion outstanding under its revolving credit facility1 due to mature in October 2012.
Art Anderson Awarded Port of Portland Contract
Art Anderson Associates, a Bremerton-based multidisciplinary engineering services firm, was recently awarded a contract for On-Call Naval Architect Design Services…
Ocean Safety Introduces Lifejacket Light
Ocean Safety has added a powerful little high visibility lifejacket light to the range. The new light, called the Apollo Mk II, is a single compact ﬂashing unit. The light is emitted through a ultra low-proﬁle dome, making it less susceptible to damage while the lifejacket is in use in testing conditions. The Apollo Mk II light is easily ﬁtted and comes with a simple but effective backing plate. The light activates automatically when in water and can be turned off manually if required.
Firework Display Opens Kiel’s Cruise Shipping Season
The Port of Kiel opens its 2012 cruise shipping season on Saturday, March 31st. With a firework display to see her off, this year’s first guest, “AIDAcara,” will…
Sea Marshals Gains New Armed Guard Insurance
International maritime security specialist Sea Marshals Limited announced that it has gained insurance which complies with BIMCO’s new Guardcon standards. Launched this week…
Cargotec Receives Large Straddle Carrier Order
Cargotec has received a large order to supply 22 Kalmar straddle carriers to Australia's leading container handling operator, Patrick container terminals. Twelve…
Court Confirms TBS International Plan of Reorganization
TBS International plc announced that the U.S. Bankruptcy Court for the Southern District of New York has confirmed the Company's Plan of Reorganization, paving the…
Incat Crowther Announces Launch of Catamaran
Incat Crowther announced the launch of Outer Limit, a 35m Catamaran Work Boat for Offshore Unlimited. Launched by Richardson Devine Marine, Outer Limit is the third vessel for the operator since 2008.
Dachser Sees Expansion of U.S. Exports to China
Atlanta - Dachser Transport of America Inc. released a statement from the managing director of Dachser Far East Ltd. concerning trade patterns between the United States and China.
Conrad Industries Announces 2011 Results
Conrad Industries Inc. announced its fourth-quarter and twelve months 2011 results and the addition of new business during the first quarter totaling $61.8 million.
AET Orders NAPA-DSME Power Software
Helsinki - AET has ordered NAPA-DSME Power® for installation on four newly-built 319,000 deadweight ton (DWT) VLCC vessels. A collaborative software from NAPA and…
Rolls-Royce Secures Systems Order for Offshore Supply Vessels
Rolls-Royce, the global power systems company, has won a £24 million order to design and equip four offshore service vessels, which will be built by COSCO (Guangdong) Shipyard Co. Ltd in China.
Vidar Pederstad Named Nor-Shipping Director
Nor-Shipping announces that Vidar Pederstad has taken on the role of Nor-Shipping Director. Although his career track includes a series of management positions at leading PR and communications agencies, Pederstad brings many years of Nor-Shipping experience to his new position. Not only was he a marketing and PR consultant to four Nor-Shipping event weeks over eight years, but he was also a founding member of the Nor-Shipping Advisory Board.
Admiralty Provides New ENC Coverage of Vietnam
The United Kingdom Hydrographic Office (UKHO) has announced new ENC (Electronic Navigational Chart) coverage of a key shipping route in Vietnam, providing greater navigational detail of the region.
EXMAR Orders Up to 8 LPG Vessels
EXMAR announced the order at Hyundai Mipo of up to 8 LPG vessels of 38,000 m³ capacity. The vessels will be delivered beginning in the First Quarter of 2014 onwards. legislation.
Euroseas Ltd. Announces Acquisition of Containership
Athens, Greece - Euroseas Ltd., an owner and operator of dry bulk carriers, containerships and multipurpose vessels and provider of seaborne transportation for dry bulk and containerized cargoes…
EU Grants Support Key Infrastructure Projects
The European Commission announced today the projects selected to receive over €160 million in EU co-financing from the trans-European transport network (TEN-T) program…
NOAA’s Coastal Mapping Program Offers Huge Benefits: Report
For every dollar American taxpayers spend on NOAA’s National Geodetic Survey (NGS) Coastal Mapping Program, they receive more than $35 in benefits, according to a recent independent socio-economic scoping study. The program provides critical baseline data for accurately mapping America’s official shoreline—important for national security, maritime shipping and navigation, and provides geographical reference data needed to manage, develop, conserve and protect coastal resources.
FMC Technologies Signs $1.5 Billion Subsea Agreement With Petrobras
Houston - FMC Technologies Inc. announced that it has signed a four-year agreement with Petrobras, Brazil’s national oil company, for the supply of pre-salt subsea equipment.