China Shipbuilder Seeks Bankruptcy Protection
"The company filed for bankruptcy in mid-June as it is unable to meet its debt obligations of over 300 million yuan ($47.1 million)," Yu Shengyue, director of No.
Containerships Figure in Disaster Relief Plan
The US Defense Advanced Research Projects Agency's (DARPA) Tactically Expandable Maritime Platform (TEMP) program has completed the design of innovative technologies to transform commercial container ships into self-contained floating supply bases during disaster relief operations, without needing port infrastructure. The program envisions a container ship anchoring offshore of a disaster area, and the ship’s crew delivering supplies ashore using DARPA-developed…
TK Foundation Approves Maritime Education/Research Funding
The TK Foundation has announced the approval of eight grants totalling nearly $2 million. The TK Foundation is a strong funding vehicle for maritime programs and youth development.
Wärtsilä Specifies Maris ECDIS Training Package
Wärtsilä has become the latest major marine company to specify MARIS hardware and software as part of its product specific training. The MARIS ECDIS900 system is…
Saab Announces Fifth-Generation R5 Maritime AIS
“The new R5 AIS products from Saab are the first to incorporate software-defined radio (SDR) transceivers together with newly developed high-speed analog-to-digital…
Hamburg Süd: Christening of the “Santa Ines” in South Korea
On Wednesday, 27 June 2012, Hamburg Süd celebrated the christening of its container ship “Santa Ines” at Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) in Geoje-City in Korea. Sponsor of the “Santa Ines” was Dr Marie Schnell, a daughter of Dr Arend Oetker. The “Santa Ines” is the last newbuilding of a series of ten container ships, each of which has a slot capacity of 7,100 TEU and is fitted with 1,600 reefer container plugs.
SBS Names Colter as VP Finance
Global transportation provider SBS Worldwide has appointed Certified Public Accountant Don Colter as Vice President of Finance, USA. In his new role, Mr. Colter is tasked with strengthening the financial function of the company’s US business to support its expanding service offering and new business opportunities in existing and target industry verticals. He will be based at SBS Worldwide’s Atlanta Corporate Headquarter office and will report directly to USA Managing Director Lars Kloch. Mr.
Seafarers Awareness Week
Seafarers Awareness Week hopes to raise awareness of the dangerous and vital work seafarers do to keep Britain afloat. This week (25 June-1 July) is Seafarers Awareness…
George D Lifted From Dock
Gardline’s coastal survey vessel the George D, named after the founder of the company, George Darling was lifted from the dock in Great Yarmouth early Tuesday morning and loaded onto the mighty 7002 tonne MV Pangini for its transportation to Douala, the largest port and city in Cameroon. The George D is one of Gardline’s fleet of coastal vessels and was built in 1991. It will be in Cameroon to conduct metocean studies for at least 12 months…
Drydocks World Announces a Joint Venture Partnership
Drydocks World announced that it has entered into a global strategic alliance with Kuok Group to form a Joint Venture between Drydocks World – SEA and Pacific Carriers Limited. The new venture will subsequently be renamed DDW-PaxOcean Asia Pte Ltd and will continue to have its headquarters in Singapore. Khamis Juma Buamim, Chairman of Drydocks World and Maritime World, will also serve as the Chairman of the Board of DDW-PaxOcean Asia. Mr.
Lubmarine Expands With New Copenhagen Facility
International marine lubricant supplier Total Lubmarine has extended its global network of service and supply centres with the opening of a dedicated commercial and supply hub in Copenhagen, Denmark.
Shipping Confidence Rises for Fourth Successive Quarter
Overall confidence levels in the shipping industry increased in the three months ended May 2012, to reach their highest level since February 2011, according to the latest Shipping Confidence Survey from leading accountant and shipping consultant Moore Stephens. This is the fourth successive quarter in which there has been an improvement in confidence, leading to an increased expectation of new investment on the part of respondents…
Rella Out as CEO at Austal USA
Joe Rella, president and chief operating officer of Austal USA since 2007, has reportedly resigned from the company. Austal's board of directors has accepted his resignation.
Customs Officers’ Strike in Brazil Disrupts Major Ports
Inchcape Shipping Services, advises that strikes by Brazilian customs officers are disrupting major ports and that the clearance of imported goods has slowed significantly.
Ed Timmes Joins General Dynamics
General Dynamics Advanced Information Systems today announced that Edward A. Timmes, Jr., has joined the company as vice president of its Intelligence Systems business in its Cyber Systems division.
Guide to Index-Linked Container Contracts Launched
Drewry and the World Container Index have published a White Paper that explains how index-linked contracts work, the first definitive guide on the subject since…
Off the Radar, But Very Much on the Ball
Senesco Marine Steps Out Into the Broader Commercial Build and Repair Markets. The largest mid-tier yard in the U.S. Northeast touts deep experience and high standards. Suddenly, operators have another viable choice for newbuild and repair work. After being off the radar for perhaps as many as 12 years – during which the yard was itself quite busy primarily servicing internal Reinauer requirements…
ICS Opposes IMO-Proposed Mozambique Channel Routing
At a meeting of the International Maritime Organization (IMO) Sub-Committee on Safety of Navigation (2- 6 July in London) the International Chamber of Shipping (ICS) - which represents global shipowners and 80% of the world merchant fleet - will be opposing a proposal to establish a new recommended route for all ships in the Mozambique Channel that would be approximately 1,000 miles long. The proposal has been made by Comoros…
DREDGE Act of 2012 Introduced
New Legislation Aimed at Building Wetlands while Deepening Mississippi River in anticipation of Panama Canal Expansion completion. Congressman Cedric Richmond ha…
AWO's Allegretti to Push AMP Agenda at House Hearing
AMP to Testify on Administration’s Failure to Comply With Federal Law During 2011 SPR Draw Down; Will Stress How to Avoid a Repeat During Future Draw Downs. Thomas Allegretti will testify on behalf of the American Maritime Partnership regarding the Administration’s failure to comply with federal law during the summer 2011 draw down of the Strategic Petroleum Oil Reserve (SPR) before House Subcommittee on Coast Guard and Maritime Transportation.