SE Asia Military Exercise 'Bersama Shield' Begins Soon
The Australian Defence Force informs that military strength and diplomatic might will come together in the coming weeks in Malaysia for Exercise Bersama Shield during one of South East Asia’s most significant regional exercises involving Australia and its regional security partners. Exercise Bersama Shield 2014 will see the Australian Defence Force join with the defence forces of New Zealand, Malaysia, Singapore and the United Kingdom in a critical test of interoperability.
Operations at Thailand Ports unaffected by martial law
Despite the declaration of martial law by the Royal Thai Army yesterday (20 May), there is currently no impact on shipping and logistics services provided by GAC Thailand.
Navios Maritime Reports $2 mln income for Q1 2014
Navios Maritime Holdings Inc. ("Navios Holdings" or "the Company") (NYSE: NM), a global, vertically integrated seaborne shipping and logistics company, today reported financial results for the quarter ended March 31, 2014. Angeliki Frangou, Chairman and Chief Executive Officer, stated, "We are pleased with our results for the first quarter of 2014, for which we reported net income of $2.0 million and EBITDA of $59.8 million.
Jurong Port - Jetty construction off Stolthaven Terminal
The working period for jetty construction work at Jurong Island, off Stolthaven Terminal, has been extended. The work is now continuing until 30 September 2014. According to the Maritime and Port Authority of Singapore Port Marine Notice No. A) 1 deg. 16.518'N / 103 deg. B) 1 deg. 16.413'N / 103 deg. C) 1 deg. 16.495'N / 103 deg. D) 1 deg. 16.578'N / 103 deg. Construction of the proposed Jetty 2 will be carried out by piling barges,crane barges and working barges with the support of tug boats.
India’s Seaborne Oil, Bulk Liquids & Gas Tanker Trade Conference
India Tanker Conference the biggest event of Hinode Events and Services Pvt Ltd, and the first one on the Tanker trade is set to take off on JUNE 5 in Mumbai at the Hotel Vivanta by Taj - President…
Multi-Purpose Common User Facility At DP World London Gateway
In another milestone in the development of its London Gateway Logistics Park, DP World has announced Buckingham Group has been awarded the contract to build the Common User Facility (CUF). Following a period of ground preparation and development of key infrastructure by DP World, Buckingham Group is now mobilising to start construction, with the new logistics centre planned for completion in Q1 2015.
Konecranes to deliver 4 STS and 20 RTG cranes to GPA
Konecranes will deliver 4 Super Post Panamax Ship-to-Shore (STS) cranes and 20 Rubber-Tired-Gantry (RTG) cranes to Georgia Ports Authority in the US. The Georgia Ports Authority Board recently approved more than $80 million to purchase the cranes to be used to handle containers at Garden City Terminal. The cranes are scheduled to arrive to Savannah by March 2016. The order will be booked in the second quarter 2014.
DOF Subsea Announces Several Contracts
Bergen, Norway – May 21 – DOF Subsea has been awarded several contracts totaling approximately NOK 475 million, including orders for work in Asia Pacific, North Sea and North America.
Shipbuilding Merger: Oregon Iron Works and Vigor
Oregon Iron Works (OIW) and Vigor Industrial (Vigor) today announced the companies are merging to unite their strengths in advanced manufacturing, shipbuilding and ship repair. Under the terms of the merger, OIW will become a wholly owned subsidiary of Vigor Industrial. The combination creates the critical mass of innovation, infrastructure and financial strength needed to pursue even more complex projects, enter new markets and win more work than either could separately.
G.E. Shipping delivers “Jag Padma” to buyers
The Great Eastern Shipping Company Ltd. (G E Shipping) today announced having delivered its 1996 built Medium Range Product Tanker “Jag Padma” (47,172 dwt) to the buyers. With the delivery of this vessel, the Company’s current fleet stands at 29 vessels, comprising 21 tankers (8 crude carriers, 12 product carriers, 1 LPG carrier) and 8 dry bulk carriers (1 Capesize, 3 Kamsarmax, 4 Supramax) with an average age of 9.8 years aggregating 2.37 mn dwt. G.E. Shipping
Fleet Week: New York Parade of Ships 2014
U.S. Navy ships and U.S. Coast Guard cutters, Station New York and Maritime Safety and Security Team New York, along with U.S. Army Corps of Engineers, New York Police Harbor units and Fire Department of New York’s fireboat participated in the 2014 Fleet Week New York Parade of Ships, which took place in New York Harbor, today. Participating military ships included the Harpers Ferry-class dock landing ship USS Oak Hill (LSD 51)…
PDVSA gets $2B Credit Line
Venezuelan state oil company PDVSA on Wednesday said it had been granted a total of $2 billion in credit lines by oilfield services companies Halliburton Co, Schlumberger…
Cheeki Rafiki Update: No sign of Missing British Sailors
Planes and ships from the United States, Canada, and Britain have turned up no fresh signs of four British sailors missing in the Atlantic, the U.S. Coast Guard said on Wednesday…
Waryas III Appointed Marketing Manager at MPS
Marine Procurement Solutions (MPS) announced the appointment of Ed Waryas III as Marketing Manager. MPS was created to offer ship owners a cost effective alternative for maritime e-Procurement. “We are pleased that Ed is joining us at this timely juncture when the market is becoming aware of our flagship product “Direct Connect”. Direct Connect enhances the full purchasing cycle” said Mike Scatina, President.
Foss Maritime's Has New Director of Sales
Foss Maritime announced that Carl Smith has recently joined the company as the Director of Sales and Marketing for its Fleet Services Division based out of Seattle. He will be reporting to Mike Magill, Vice President of Fleet Services. Previously employed by Alaska Ship and Dry Dock (ASD), Smith was part of the ASD Management Team for 18 years. Early in his career, his responsibilities at ASD included Management of Production and Operations and…
Eniram One Of The European Cleantech Companies Of The Decade
Eniram Limited, the fast-growinginnish provider of energy management technology and data analytic services to the shipping industry, today announced that it had been named by Cleantech Group (CTG), developer of the i3 market intelligence platform, as one of CTG’s five picks as a European Cleantech Company of the Decade. This one-off award was made in connection with the 10th anniversary Cleantech Forum Europe, held in Stockholm this year.
GE CEO Immelt: Expects to Close Alstom Deal
General Electric Co Chief Executive Jeff Immelt said on Wednesday that GE is still going to "work constructively" with the French government on its bid for the power business of Alstom and that he expects the deal to close. GE has encountered resistance to its $16.9 billion proposal from the government, which has sought to encourage Germany's Siemens as a potential rival bidder. "It's a deal that's executable. It's a deal we're experienced in.
Canada’s Largest Gantry Crane: Seaspan Unveils Name
After several months of anticipation and preparation, and the careful consideration of hundreds of student submissions, Seaspan officially revealed the name of its newly assembled, 300-tonne gantry crane at a boisterous unveiling ceremony at Vancouver Shipyards (VSY) today. Announcing the crane’s new name - Hiyí Skwáyel, the Squamish language translation of “Big Blue” (pronounced hee-yay sk-why-el)…
Fugro Expands its Fleet
Fugro is expanding its survey fleet in the Gulf of Mexico (GoM) to include a new AUV, Echo Surveyor VII, and a new vessel, R/V Fugro Americas. ““Both these impending…
Port of Mumbai: Monsoon Season & Availability of Anchorages
The foul weather season has been declared from May 25 to August 31, in the Port of Mumbai. During this period, the anchorage area of the [Mumbai] inner harbour is restricted to a line…