Diana Shipping Dispute Early Charter Termination
Diana Shipping subsidiary Gala Properties Inc. has received a notice from the charterers of the 'M/V Houston' claiming that they are entitled to terminate the vessel's charter effective November 26, 2013 for purported breaches by the owners. The Company believes that the owners have fully performed under the terms of the charter since its inception and that the charterers have no basis for the purported termination of the charter.
Drew Marine Gets Navy Worldwide MSC Supply Contract
In the latest listing of US Department of Defense, Navy, contracts Drew Marine USA has been awarded a one-year option for the worldwide supply, delivery and services for shipboard chemical treatment…
Aecon Completes $150 Million Public Offering
Aecon Group Inc. announced that it has completed its previously announced public offering of $150 million aggregate principal amount of 5.5% convertible unsecured…
Upper Mississippi River Reopens
The Coast Guard captain of the port reopened the Mississippi River from mile marker 493 to mile marker 501 on the upper Mississippi River at approximately 6 p.m. Tuesday. The Coast Guard, Illinois EPA, Illinois DNR and local emergency crews continue to respond to oil discharge into the Mississippi River near LeClaire, Iowa from the partially submerged towboat. Watchstanders at Coast Guard Sector Upper Mississippi River received a report at approximately 4:30 p.m.…
Today in U.S. Naval History: November 27
Today in U.S. 1941 - Chief of Naval Operations sends "war warning" to commanders of Pacific and Asiatic Fleets. 1961 - Navy reports first use of its cyclotron at…
Lloyd’s Register Issues Gas Technology Report
The November 2013 edition of Lloyd’s Register’s Gas Technology Report is dedicated to LNG as a marine fuel. Highlights include a look at developments in Canada – a shipowner, the regulator and a shipbuilder talk about gas fuelled shipping, progress made by the Maritime and Port Authority in Singapore to develop LNG bunkering, the CEO of Viking Line talks about the LR classed Viking Grace and interviews with SIGTTO and the newly formed Society for Gas as a Marine Fuel (SGMF).
EU Urged to Address IMO Sulphur Requirements
In conjunction with the first meeting of the newly established European Sustainable Shipping Forum (ESSF), which is scheduled to take place today, the shipping industry…
Strategic Marine Scores Two Infrastructure Projects
Strategic Marine announced today it is constructing two marine infrastructure fabrication projects in its Vietnam shipyard. Both projects are for Australian clients. The first comprises three 60-meter pontoons and three 90-meter gangways for application in Gladstone Port Corporation's new tug base. The second is for Carnegie Wave Energy and comprises three Buoyant Actuators for a renewable wave energy and desalination project off the coast of Perth.
Dorian Completes Acquisition of Scorpio VLGC Fleet
Dorian LPG Ltd. announced that it has concluded its agreement with Scorpio Tankers Inc. to acquire its Very Large Gas Carrier (VLGC) newbuilding contracts, associated deposits of $83.1 million…
Irish Ferries Launches Dublin-Cherbourg Ferry Route
A new direct passenger car ferry service linking Dublin with the French port of Cherbourg is being introduced by Irish Ferries with the first sailing departing from Dublin on January 18. The once-weekly, year-round service – which the company’s head of passenger sales Dermot Merrigan said “will bring the European motorways directly into the heart of our capital city” – will depart from Dublin every Saturday (15.30) arriving into Cherbourg next morning (11.30).
Adani Ports, Port of Zeebrugge Explore Joint Opportunities
Adani Ports & SEZ Ltd., India’s largest private port developer and part of the Adani Group, signed a Memorandum of Understanding with the Belgian Port of Zeebrugge to act as a strategic entry port for the lucrative European market. It will now collaborate with the Belgian port to explore joint business opportunities between the two ports along with other forms of trade, shipping, railway infrastructure across India and Europe.
Ship Finance Posts Third Quarter Results
Ship Finance International Limited announced its preliminary financial results for the quarter ended September 30, 2013, reporting preliminary 3Q 2013 results and…
ITF Seafarers’ Trust Grants Aid Filipino Mariners
The ITF Seafarers’ Trust, the charity arm of the International Transport Workers” Federation, has authorized two grants totalling GBP100,000 to aid Filipino seafarers…
Ryan Takes Over as Descartes CEO
Descartes Systems Group, a global company in uniting logistics-intensive businesses in commerce, has announced that Edward J. Ryan has been appointed as Descartes’ Chief Executive Officer, in accordance with its leadership succession plan. Mr. Ryan served as Descartes’ Chief Commercial Officer since 2011, in addition to several other senior executive roles since joining Descartes in 2000. Descartes also has announced that J.
1,000 Member-State Delegates Gather at IMO Assembly
Stephen Hammond, Parliamentary Under-Secretary of State for Transport, United Kingdom, welcomed delegates to the 28th IMO Assembly, the Organization's highest governing body, on behalf of the host Government. In his opening address, Secretary-General Koji Sekimizu outlined the achievements of the Organization during the 2012 to 2013 biennium, stressing the work on passenger ship safety, following the January 2012 Costa Concordia accident…
SevenCs Win Peru ENC Encryption Contract
Peruvian Direción de Hidrografia y Navegación has chosen SevenCs' S-63 Encryption Software to encrypt Electronic Navigation Charts (ENC) S-57 data as recommended…
PyroGenesis Flushing on a Grand Scale Aboard New Aircraft Carrier
Environmental solutions company PyroGenesis Canada Inc., manufacturer of plasma waste-to-energy systems and plasma torch products, announces that the 'USS Gerald Ford' (CVN-78) is equipped with their patented Plasma Arc Waste Destruction System (PAWDS). Developed by PyroGenesis in Canada, this green technology is able to process waste generated by 5000 sailors and can be operated with the push of a single button.
Boskalis Orders Mega-Cutter Dredger
Royal Boskalis Westminster N.V. (Boskalis) has ordered a new self-propelled megacutter from IHC Merwede. This self-propelled cutter suction dredger, with a total installed power of 23,700 kW and a pump ashore capacity of 15,600 kW, is a replacement investment. The total investment amounts to around EUR 170 million and construction of the vessel is expected to take more than three years. Boskalis explain…
'Guardians of the Reef' Win Australian Accolade
Australian Reef Pilots (ARP) popularly known as 'Guardians of the Reef' and the country's leading pilotage company has won a national accolade for its work to protect one of the planet’s most sensitive and treasured areas – the Great Barrier Reef. ARP picked up this year’s esteemed Australian Shipping and Maritime Industry Award (Safe Transport Category). Chief Executive Officer Simon Meyjes said the…
Comtech Win Offshore Platform Microwave Communications Contract
Orlando, Florida-based, Comtech Systems, has received a US$2.4-million contract to install the world’s first digital over-the-horizon microwave communications system…
