U.S. seeks records on NY-NJ Port Authority chairman
(Reuters) - Federal prosecutors in Manhattan have subpoenaed the Port Authority of New York and New Jersey for records regarding the business dealings of the agency's chairman…
U.S. Navy awards contracts to Lockheed, Austal for 4 more ships
The U.S. Navy has awarded contracts worth nearly $1.4 billion to buy four more Littoral Combat Ships from Lockheed Martin Corp and Australia's Austal Ltd, the U.S. Defense Department said on Monday. Lockheed won a contract valued at $699 million to build two more of its steel monohull-design ships, while Austal won a contract worth $684 million to build two more of its aluminum trimaran design, the Pentagon said in its daily digest of major weapons contracts.
Carnival cruise passengers sue seeking $5,000 a month for life
A group of passengers suing Carnival cruise lines for damages after an engine fire left their ship adrift for days are asking the company to pay $5,000 a month for…
Libya says halts tanker outside rebel port; rebels deny it
Rebels deny losing control of North Korean-flagged tanker; Government says tanker being taken to western port. Oil blockade has slashed vital government revenues.
Brent steady, holds above $108 as Ukraine crisis worsens
U.S. crude stocks likely rose 2.2 mln barrels last week. Brent futures were steady on Tuesday and held above $108 a barrel as a worsening crisis over Ukraine stoked supply disruption fears…
Norway's financial watchdog questions Statoil's 2012 accounts
Oil firm Statoil did not respect International Financial Reporting Standards (IFRS) on three points when it reported its 2012 accounts, according to the Nordic country's financial watchdog…
Bad weather delays U.S. Black Sea naval drills
Bad weather has delayed by one day the joint naval exercise of U.S., Bulgarian and Romanian naval forces in the Black Sea, a statement by the Bulgarian defence ministry said on Tuesday. A U.S.
Mediterranean/N.American Freight Rate Stagnancy
Ocean carriers were unable to increase freight rates between the Mediterranean and North America from November to January due to continuing poor vessel utilisation and the approaching threat of P3, according to the latest edition of Drewry's Container Insight Weekly. According to Drewry’s Container Freight Rate Insight, the average all-in freight rate quoted to forwarders for spot cargo from Genoa to New York remained a poor $1,950/40ft throughout.
ABB Wins US$60-Million Statoil Offshore Contract
Power and automation technology group, ABB, informs it has won three orders worth $60 million for internal and external telecommunication systems for three Statoil projects on the Norwegian Continental Shelf. The three contracts have been signed with leading shipyards in South Korea. ABB will be a system integrator of telecommunications on the offshore installations built for the Aasta Hansteen and…
Trojan BWT System Gains IMO Type Approval (USCG Standard)
Trojan Technologies informs that their Trojan Marinex Ballast Water Treatment (BWT) product suite has obtained International Maritime Organization (IMO) Type Approval from Det Norske Veritas (DNV) on behalf of the Norwegian Maritime Directorate. "We are the largest UV company in the world, and are committed to providing pioneering water treatment technologies that meet the highest standards and help protect and preserve our environment," says Marvin DeVries, president, Trojan Technologies.
UECC Orders Dual-Fuel Ice-classed PCTCs
United European Car Carriers (UECC), jointly owned by Nippon Yusen Kabushiki Kaisha (NYK) and Wallenius Lines, inform it has signed a contract to construct two triple-fuel LNG Pure Car & Truck Carriers (PCTCs). The contract has been signed with Kawasaki Heavy Industries (KHI) and the vessels will be constructed at the NACKS shipyard in Nantong, China which is a joint venture between KHI and China Ocean Shipping (Group) Company. Deliveries of both the vessels will be in the second half of 2016.
Navy Awards Fiscal 2014 LCS Contracts
Contract modifications have been issued to Lockheed Martin Corporation and Austal USA under their respective Littoral Combat Ship (LCS) block buy contracts to add funding for construction of two fiscal year 2014 Littoral Combat Ships each, informs the Program Executive Office, Littoral Combat Ships. These are the seventh and eighth ships fully funded for each contractor under its previously-awarded…
Missing Malaysian Airliner: USS Kidd Joins Search
Arleigh Burke-class guided-missile destroyer USS Kidd (DDG 100) has joined USS Pinckney (DDG 91) in the search for the missing Malaysia Airlines flight MH370, which remains anaccounted for, three days after it lost contact with air traffic control. Kidd brings the same Arleigh-Burke Class capabilities as Pinckney with its two MH-60R Seahawk helicopters which are designed for search and rescue, as well as anti-submarine warfare…
Norwegian Group Sells Two Projects to Speed Shipbuilding Pull Out
Bergen Group says it has decided to accelerate the process of reducing its involvement in the shipbuilding business in favor of a more dedicated focus on offshore related activities. As a part of this process, Bergen explains it has entered into an agreement to sell two of the remaining shipbuilding projects to the shipyard group Kleven located in Sunnmøre, Norway. The sale will release approximately NOK 80-90 million in already invested working capital in these two projects.
IMB Warns of West Africa Piracy Threat
The ICC International Maritime Bureau is asking ships to be extra vigilant when transiting West Africa as piracy in the region becomes a growing concern. Since the beginning of the year, one vessel, MT Kerala, has been hijacked and six were boarded in West Africa. There was also one attempted attack. The hijacking of the Liberian-flag product tanker in January by Nigerian pirates has sparked fears these gangs are venturing further south.
Hoover Acquires Scotland's Container Company Ltd.
Hoover Container Solutions (Hoover) informs it has acquired Container Company Ltd. , a leading supplier of cargo carrying units (CCUs) for the offshore oil and gas industry.
ABS to Release LNG Bunkering Report at CMA 2014
Classification society ABS inform that on Tuesday, 18 March 2014, ABS Vice President for Global Gas Solution Patrick Janssens will present an ABS report entitled Bunkering of Liquefied Natural-Gas Fueled Marine Vessels in North America at CMA’s Shipping 2014. The report, developed by ABS and ABS Group, provides a framework for addressing regulatory requirements related to LNG bunkering across North America.
Korean Shipyard Names Five New Containerships
Hyundai Heavy Industries (HHI), which claims to be the world’s biggest shipbuilder says that it set a new daily naming ceremony record by naming 5 containerships (ordered from Enesel) on a single day. In a simultaneous naming ceremony attended by Mr. Andonis Lemos; Mr Filippos Lemos; Mr. Kim Oi-hyun, President & CEO of Hyundai Heavy Industries; and other 130 participants at HHI’s yard in Ulsan, South Korea, the sponsors including Mrs. Irini N.
FMC Commissioner Comments on Key Shipping Issues at LA Forum
U.S. Federal Maritime Commissioner Doyle spoke to the Global Shippers Forum in Los Angeles and discussed Ro/Ro price fixing matters; the newly approved cooperation agreement between the ports of Seattle and Tacoma; the first PVO company to take advantage of the alternative bonding mechanisms; China VAT; Commission's 6 (g) Analysis, and the Suez/Panama Canal routes. This past week the Commission unanimously…
Colfax Names Bramstång Sales Director
Colfax Fluid Handling, a business of Colfax Corporation and company in fluid-handling solutions for critical applications, has named Carl-Henrik Bramstång Sales Director, Shipowner Sales. His new role will include the sales efforts for the company’s latest technology breakthrough, the Smart Technology CM-1000 Series, an intelligent controller for sea water cooling systems. Bramstång is a seasoned sales professional with almost 30 years of experience…