Maritime Industry Top News
Dalian Shipbuilding Ranks #4
Dalian Shipbuilding Industry Corp Ltd., China's biggest shipyard, upped its rank to number four in the world in terms of orders at hand. The company points to a…
Aegean Marine Acquires Bunkers at Sea
According to an AP report, Aegean Marine Petroleum Network Inc., a Greek supplier of fuel and lubricants to ships, said it has acquired Bunkers at Sea, a Belgium…
EU Says Ships Should Cut Emissions
European Union officials said the shipping sector should have to live up to similar greenhouse gas emission targets as aircraft and automobiles, according to an AP report.
Crowley's Nazario Elected VP of PR Shipping Association
Jose Francisco Nazario, Crowley's finance director in Puerto Rico, was elected vice president of the Puerto Rico Shipping Association during a recent meeting in Puerto Rico.
Iron Supplements Tested as Means to Improve Ocean Health and Climate
Researchers from the Woods Hole Oceanographic Institution (WHOI) will host a public forum to discuss the pros and cons of “iron fertilization” of the oceans as a means to mediate global warming.
U.S. Ports Argue for Reducing Ship Emissions
At its U.S. Legislative Policy Council meeting last week in Norfolk, VA, the American Association of Port Authorities (AAPA) got approval from its member ports to advocate for setting new…
Excel Maritime Carriers Announces Closing of $150M Convertible Senior Notes
Excel Maritime Carriers Ltd. (NYSE: EXM) announced the closing of its offering of $150m aggregate principal amount of Convertible Senior Notes due 2027 to qualified…
This Day in Navy History
October 11, 1776 - Battle of Valcour Island on Lake Champlain, New York. Although defeated, the American flotilla delayed the British advance and caused it to fall back into winter quarters.
Deepwater: $25B annually by 2012
A new study published today by analysts Douglas-Westwood The World Deepwater Market Report 2008-2012 forecasts that nearly $25 billion will be spent annually in deepwater capital expenditure by 2012.
RoRo Ferry Delivered
Toronto Port Authority recently took delivery of a new 100ft steel car/passenger Ro-Ro ferry. Hike Metal Products Ltd. won the contract in 2006 amid local competition.
Blue Whale Operations Update
Coast Guard District Eleven continues to support the National Marine Fisheries Service (NMFS) in conducting overflights to monitor the locations of blue whales in…
Mississippi River Restrictions Lifted
Coast Guard Captain of the Port Captain Sharon Richey, commanding officer of Coast Guard Sector Upper Mississippi River, issued an order today lifting the restrictions…
Public Comment Period Extended
The U.S. Department of Homeland Security (DHS) announced that it has extended the public comment period on the draft National Response Framework (NRF) until October 22, 2007.
Suez to Build LNG Terminal in Chile
Utility Suez (NYSE:SZEZY) said its energy division, in conjunction with copper producer Codelco, is to construct a liquefied natural gas (LNG) regasification terminal in Mejillones…
Judge Approves Security Zone in Hawaii Harbor
Opponents of the Hawaii Superferry lost a round in court, according to an Associated Press report, when U.S. District Judge Helen Gillmor refused to block the U.S.
Floating Casino Taken into Gov’t Custody
The Philippine government has taken custody of the MV Philippine Dream, also known as the Floating Casino, following its recent auction to a Singaporean firm, an official said.
Pride International Appoints Robert G. Phillips to Board
Pride International, Inc. (NYSE:PDE) announced the appointment of Robert G. Phillips to the company's board of directors. Over the past 26 years, Mr. Phillips has…
Canada Firm on LNG Tanker Stance
A federal study has concluded that LNG tankers could navigate Head Harbour Passage off the Bay of Fundy with little risk of accident, but the Canadian government…
China Merchants Shipping Approved to Buy Six Oil Tankers
China Merchants Energy Shipping Co. Ltd. (SHA 601872) said orders for six oil tankers have been approved by the National Development and Reform Commission (NDRC).
POSCO to Raise Steel Plate Prices
POSCO Co. Ltd., the world's fourth-largest steel maker, said it would raise the price of its steel plates for shipbuilding by 9.9 per cent, reflecting higher costs and strong demand…
