Indonesia Oil Targes 1.05m Barrels/day
Indonesia has renewed oil production target at 1.05 million barrels per day (bpd), slightly above the initial target of 1.03 bpd, according to a report found on http://news.xinhuanet.com.
COSCO Diverts Ships for Domestic Use
COSCO Holdings Co has reportedly diverted ships for domestic coal transportation, according to a Reuters report. COSCO Holdings said on its website that it had shifted…
Golden Ocen Group Secures Timecharter
Golden Ocean Group secured a time charter contract for its Capesize vessel Channel Navigator. The 172,000 dwt vessel was fixed out on a five-year contract beginning by the end of April 2009.
Italian Owner Taps China Shipbuilder
Rizzo-Bottiglieri-De Carlini Armatori SpA (RBD Armatori), an Italian shipping company, reportedly signed a $180m contract with Shanghai Waigaoqiao Shipyard, for two 177…
Northrop Grumman Promotes VPs
Northrop Grumman Corporation appointed two vice presidents to key positions in its newly formed Shipbuilding sector, effective immediately. George Simmerman, Jr.
HSI Acquires Asert Benefit Services
Health Systems International, a provider of outsourced medical cost management solutions to payors and health care provider networks for the maritime and other industries…
USN Enviro Readiness Director Discusses Sonar
Sonar Technician (Surface) 1st Class Mark Osborne supervises Sonar Technician (Surface) 2nd Class Randy Loewen, left, and Sonar Technician (Surface) 3rd Class Roland Stout…
Wave Energy System Planned off Maui
An Australian technology company plans to build a system off the northeast coast of Maui that will use energy generated by ocean waves to create electricity, according…
Singapore Comissions 3 Warships
Pictured is the Minister for Defence Teo Chee Hean presenting Commissioning Warrant to COL Giam Hock Koon, Commanding Officer of RSS STEADFAST. Singapore commissioned three state-of-the art warships…
DHS Budget Request Up 6.8%
President Bush’s fiscal year 2009 budget request for the Department of Homeland Security (DHS) represents $50.5 billion in funding, which is an increase of 6.8 percent…
FY '09 Budget includes eLORAN
President Bush forwarded to Congress the Budget of the United States Government for Fiscal Year 2009 and related documents. Among other things, the Budget documents…
Alion Wins $9.8m Navy Deal
Alion Science and Technology, Chicago, Ill., is being awarded a $9,842,720 cost-plus-fixed fee contract for research and development activities associated with the…
This Day in Naval History - Feb. 05
1854 - The first chapel built on Navy property is dedicated in Annapolis, Md. 1971 - Capt. Alan B. Shepherd Jr., commander of Apollo 14, and Cmdr. Edgar D. Mitchell…
Major Shipping Nation Sccedes to key Conventions
One of the world's largest shipowning nations, the Commonwealth of the Bahamas, has acceded to two major IMO Conventions and deposited its annual assessment for 2008 with the Organization.
Storm Damages Ship, Injures Master
Falmouth Coastguard last week were coordinating assistance to the `Horncliff, a refrigerated vessel, owned by Pluto shipping company, which has three injured people on board…
MAIB Repots on Pipeline Damage
The UK Marine Accident Investigation Branch (MAIB) issued the report of its investigation of an oil tanker, on June 25, 2007, dragging its anchor in the North Sea…
COGSA Trumps Hague-Visby in Complex Situation
In an awkward decision, the US Court of Appeals for the Sixth Circuit ruled that the US Carriage of Goods at Sea Act (COGSA) applies to a claim by a shipper against…
Damaged Dredge New York Moved
The 200-foot dredge vessel, the New York, completed necessary minimum repairs to its damaged hull enabling it to be moved to the Brooklyn Navy Yard in Brooklyn, N.Y., on February 2.
$3B for FY'08 Port Security Grant Program
The Department of Homeland Security (DHS) said that over $3 billion is being allocated for various homeland security grant programs in fiscal year 2008. As indicated in the Overview…
Port Dolphin Energy Proposes Amendment
The Federal Energy Regulatory Commission (FERC) issued a notice stating that Port Dolphin Energy LLC is proposing an amendment to its application for a license to…
