Seanergy Completes Financial Restructuring
Seanergy Maritime Holdings Corp. announced today that it has closed on its previously announced delivery and settlement agreement with its remaining lender to unwind its final secured credit facility.
Maritime Reporter @ 75: The Daily Cartoon
Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners, ship and boat builders, naval architects and marine engineers. Today Maritime Reporter heads a group of four print and 10 websites serving the global maritime, offshore and subsea sector.
Ingram Barge to Participate in EPA’s SmartWay
Ingram Barge Company announced its participation in the new Barge Freight component of the SmartWay Transport Partnership, a public-private partnership between the U.S.
Fast Growing Asia Needs a Strong Unified Voice
With Asia’s dynamic, robust and increasingly affluent economies helping to keep the international shipping industry buoyant, “the need for a unified Asian voice has never been more important”, Esben Poulsson, Honorary Secretary of the Singapore Shipping Association told delegates at the influential Connecticut Maritime Association (CMA) conference this week. Speaking on “The Fast And Furious Pace Of Change In Asia”…
Schechtman Promoted at Parsons Brinckerhoff
Jeffrey Schechtman has been named Deputy Regional Business Manager for the Southeast region of Parsons Brinckerhoff, a global infrastructure strategic consulting, engineering and program/construction management organization. In his new position, Schechtman will work with managers in the nine states that comprise Parsons Brinckerhoff’s Southeast region to enhance relationships with key clients, expand business development opportunities, and invigorate marketing and pursuit efforts.
New Literature Showcases HDOCB Support
Altra Heavy Duty & Overrunning Clutch Brake group (HDOCB) has published a new brochure that gives engineers an overview of the engineering support provided by Altra brands including Wichita Clutch, Industrial Clutch, Twiflex Limited, Formsprag Clutch, Marland Clutch and Stieber Clutch. Services covered include product sizing and selection assistance, rapid prototyping, design simulation and testing, data analysis and sharing, installation support and field performance checks.
C-Bird Provides VSAT Communications at Sea
Maritime Broadband’s C-Bird, a VSAT communications solution available for continuous connectivity at sea, is gaining wide acceptance among major companies in the shipping industry…
Video: USCG Medevacs Man from Cruise Ship
The U.S. Coast Guard (USCG) said it medevaced a 66-year-old man Wednesday from a cruise ship approximately 50 miles east of Wilmington, N.C. after receiving reports that the man was in medical distress. The USCG’s video can be seen here: Coast Guard Medevacs 66-Year-Old Man From Cruise Ship off North Carolina Coast. Personnel aboard the 950-foot cruise ship Carnival Splendor notified watchstanders at the Fifth District Command Center of the man’s condition at approximately 10:45 p.m. Tuesday.
Coast Guard Icebreaker returns from Operation Deep Freeze
The Coast Guard Cutter Polar Star is scheduled to return to their homeport of Coast Guard Base Seattle at 10 a.m., Friday, March 21, 2014, following a 108-day deployment of Operation Deep Freeze 2014.
Continental Refining Expands Diesel Offering
Continental Refining Company Now Processing Low Sulfur Marine Diesel T90-700 and Completes Upgrades to Receive Transmix for Finished 500ppm LM Diesel Fuel Production; CRC Expands with Two New Niche Market Product Offerings that Serve Marine Users and Help to Prevent Bottlenecks in the U.S. Today Continental Refining Company, LLC announced a new product offering for the marine market with the production of low sulfur marine diesel…
New Asian Gypsy Moth Rules for N.A. Ports
Inchcape Shipping Services (ISS), is advising of Asian Gypsy Moth (AGM) regulations for vessels arriving at North American ports this summer issued by the U.S. Department…
MacGregor Wins Damen RoRo Contract
MacGregor, part of Cargotec, has secured a contract from Dutch shipbuilding group, Damen Shipyards, for the design and delivery of key components for RoRo access equipment for two 80m ice-class RoPax ferries destined to operate in Canada. The investment in these new vessels is part of the Newfoundland and Labrador Provincial Government's vessel renewal programme. The first ferry is scheduled for delivery in 2015 and will operate on the Fogo Island and Change Islands service.
MLV Forms Marine Shipping Research Team, Names Leader
Independent full service investment bank & institutional broker dealer, MLV & Co inform that Natasha Boyden has joined the firm to captain the launch of a new research…
UK Budget 2014 Good News for Shipping: Analysts
The UK government’s Budget 2014, issued on 19 March 2014, is good news for UK shipping as it ensures the continuation of a stable UK tax regime for shipping, as has been the case for the past few years, according to international accountant and shipping adviser Moore Stephens. Moore Stephens tax partner Sue Bill says, “Overall, Budget 2014 is fairly neutral for shipping. The main surprise is the restriction…
Energy Treasure Chest Sea of Okhotsk is Russia's, UN Finds
A United Nations commission has officially recognized the Sea of Okhotsk enclave, off Russia’s southeastern coast, as part of the country’s continental shelf, informs Ria Novosti citing the Russian minister of natural resources. Russia will get exclusive rights to the area of 52,000 square kilometers, considered by the government to be an Ali Baba’s cave containing reserves of valuable minerals and other natural resources.
Safer Seas: Ship Losses Continued to Fall in 2013
The recently published annual review of trends and developments in shipping losses and safety – 'Allianz Global Corporate & Specialty Safety and Shipping Review' – indicates that world-wide ship losses declined by 20% compared with 2012. With more than 90% of global trade estimated to be carried by sea, the safety of international shipping vessels and routes is critical to the health of the global economy.
China Firms ZTE & COSCO in Greek Port Logistics Deal
China's leading global provider of telecommunications equipment and network solutions ZTE and shipping conglomerate COSCO have signed an agreement allowing Greece's…
Navy Submarines Begin Arctic Ocean Exercises
Virginia-class attack submarine USS New Mexico (SSN 779) and Los Angeles-class attack submarine USS Hampton (SSN 767) have commenced Ice Exercise 2014 (ICEX 2014) in the Arctic Ocean, says Commander, US Submarine Forces. "In keeping with the Department of Defense's Arctic Objectives, the Submarine Force uses Ice Exercises to prepare for a wide range of challenges and contingencies," said Capt. Paul Whitescarver…
Sea Rescues on a Grand Scale off Coast of Italy
Italian authorities inform they have rescued more than 2,000 illegal migrants, many from North Africa, off Sicily's coast in the past 48 hours, reports BBC News. Every year, thousands of migrants try to reach Europe via Spain and Italy. Many of those making the dangerous journey come from Eritrea and Somalia, but in the past year the numbers from Syria have also soared because of the civil war there.
Sandy Hook Pilots Warn of NY Channel Depth Restrictions
The Army Corps has informed the Pilots that maintenance dredging in the Arthur Kill has been only partially completed and that the previously shoaled areas in and…