Maritime Industry Top News
Iranian Drone Flew over US Carrier -US Navy
An unarmed Iranian drone flew directly over a U.S. aircraft carrier operating in international waters in the Gulf this month in a move that was "abnormal and unprofessional," the U.S.
US, Canada Partner to Break Ice on Lower Great Lakes
U.S. and Canadian Coast Guard icebreaking crews kick off operation Coal Shovel Friday in the waters of the southern Great Lakes. Operation Coal Shovel encompasses domestic icebreaking operations in southern Lake Huron, Lake St. Clair, the St. Clair / Detroit River system, Lake Erie, Lake Ontario and the St. Lawrence Seaway. U.S. and Canadian Coast Guard icebreakers, work together to break ice in these waterways as conditions worsen throughout the winter.
ALMACO's Catering Solutions on Norwegian Escape
ALMACO Group has delivered the first of Norwegian Cruise Line’s Breakaway-Plus class ships, Norwegian Escape. The largest in Norwegian’s fleet, the ship was built at Meyer Werft and delivered on October 22, 2015. ALMACO’s scope for Norwegian Escape includes design, supply and installation of all catering-related equipment in the Galleys, Bars, Buffets, Pantries, Provision Stores and Refrigeration Machinery.
Matson Announces Quarterly Dividend
The Board of Directors of Matson, Inc., a U.S. carrier in the Pacific, has declared a first quarter dividend of $0.18 per common share. The dividend will be paid on March 3…
ATPI, Teekay Offshore Ink Travel Management Deal
ATPI Griffinstone, part of the ATPI Group, has secured a travel management agreement with Teekay Offshore. Teekay Offshore has decided to consolidate all of its…
Baltic Index Continues Fall to New Record Low
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, continued its fall to close at a fresh record low on Friday.
Redwood City to Boost Bauxite Ore Imports
The Port of Redwood City Commission Wednesday approved expanding acreage use by International Materials Incorporated (IMI) for its handling of bauxite ore imports.
Svitzer Names Manager for Middle East & Africa
As of February 1, Mohammed Ahmed is appointed new Regional Manager of Svitzer Middle East & Africa, including the Indian subcontinent and Sri Lanka. Ahmed has been with the Maersk Group for 11 years…
Greece Ports Strike Extended
A general strike in Greece has been extended by another 48 hours and is affecting the routes of domestic and local ferries and commercial vessels calling at Piraeus…
Alaska Oil Spill Response Policy Revised
The policy regarding chemical dispersant use for oil spill responses in Alaska has been revised. The new policy for the Dispersant Use Plan For Alaska was announced Wednesday in Anchorage by the U.S.
ClassNK Releases Updates on Ship Recycling
ClassNK has released the latest updates on ship recycling on its website, including information on ship recycling facilities that ClassNK has issued Statements of…
Weather Shutters Australia's Port Hedland
Australia's Port Hedland was officially closed earlier on Friday following warnings from the weather bureau that a tropical cyclone was developing off the northern coast…
U.S. Navy Commander Guilty in Corruption Scandal
A U.S. Navy commander charged with accepting paid travel, prostitutes and Lady Gaga concert tickets from a Malaysian defense contractor in exchange for classified…
Singapore Slaps Heavy Fine on N. Korea-linked Shipper
Singapore-based Chinpo Shipping Company (Private) Ltd was fined S$180,000 ($125,698) on Friday for facilitating a shipment of arms to North Korea in violation of U.N. sanctions.
Asia-Europe Box Rates Fall Again
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 13.9 percent to $469 per 20-foot container (TEU) in the week ended on Friday…
Listing Freighter Drifts Towards French Coastline
A crippled cargo ship was drifting slowly towards the French Atlantic coast on Friday as rescue teams struggled to board the distressed vessel. The Modern Express…
Energy from the Ocean: The Ocean Thermal Energy Converter
Despite historic lows in traditional oil and gas energy markets, research and develoment continues in earnest on a number of projects designed to produce green energy. The latest, an Ocean Thermal Energy Converter (OTEC) from KRISO, received Approval in Principle from classification society Bureau Veritas. KRISO (Korea Research Institute of Ships & Ocean engineering), established in 1973, is a government…
Performance Monitoring, Verification Drives Orders, Investments for Norsepower
Finnish engineering company, Norsepower today announced that it has received €3 million in investment from a syndicate led by venture capital fund Power Fund III…
VARD's LNG Tank gets DNV GL Approval
VARD’s new LNG tank design has been granted General Approval for Ship Application (GASA) by DNV GL. The new LNG-type B-tank design is based on vertical cylindrical…
Fisherman Medevaced off Cape May, NJ
The Coast Guard medevaced a fisherman 75 miles southeast of Cape May, New Jersey, Thursday. The 43-year-old man was fishing with three other people aboard the 80…