Maritime Industry Top News
Croatia Considers Cuts to Shipyard Aid
According to a Bloomberg report, Croatia's to EU negotiator indicated the country’s next government will have to cut subsidies to the shipbuilding industry to move…
MMS Supports Workshop on Effects of Wave Energy
Scientists from the U.S. Department of the Interior’s Minerals Management Service (MMS) will join colleagues from federal and state government, academia, and industry…
Austal USA Appoints New CEO
Austal USA announced the appointment of Joe Rella to the position of Chief Operating Officer for Austal’s Mobile, Alabama shipyard. Mr. Rella most recently led the…
This Day in Navy History
October 10, 1845 - Naval School, later the Naval Academy, opens in Annapolis, Maryland with 50 midshipmen and seven faculty. 1923 - First American-built rigid airship, Shenandoah, is christened.
Fleet Week San Francisco Style
The guided missile destroyer USS Shoup (DDG 86) passes under the Golden Gate Bridge as part of the Parade of Ships during the 27th annual San Francisco Fleet Week celebration. Shoup is one of two U.S.
Rowan Enters Guilty Plea
Rowan Companies, Inc. (NYSE:RDC) announced that, pursuant to a plea agreement with the United States Department of Justice (DOJ), it entered guilty pleas to three…
ASA Honors Congressman Cummings
The American Salvage Association (ASA) awarded its Rapid Response Award on October 9, 2007 to the United States Congressman Elijah E. Cummings (D-MD), Chairman of…
Hike Metal Delivers Ocean Research
Ocean Research Corporation, Florida, recently took delivery of a new 141 foot welded steel hull/aluminum superstructure Research Vessel from Hike Metal Products Ltd. in Wheatley Ontario Canada.
USCG Issues Mariner Licensing and Documentation Performance Report
The US Coast Guard National Maritime Center (NMC) issued its Mariner Licensing and Documentation Performance Report for September 2007. The report shows a steady…
Achille Lauro Hijacking Anniversary
On October 7, 1985, four terrorists associated with the Palestine Liberation Front took control of the Italian cruise ship Achille Lauro in the Mediterranean Sea off the coast of Egypt.
Singapore’s Seaport to be First Wi-Max-Ready
By early 2008, all ships in Singapore can have access to mobile wireless broadband, allowing real-time and data-intensive communications between the ships and their customers and business partners.
Canada Bolsters Arctic Sovereignty
Prime Minister Stephen Harper announced a series of scientific and infrastructure projects to help bolster Canada’s Arctic sovereignty. At a scientific research and education facility in Churchill…
Canada Aims to Improve Ocean Health
The Honourable Lawrence Cannon, Minister of Transport, Infrastructure and Communities, announced a five-year commitment, including more than $60m in initiative,…
Builders Risk Policy Serves as Inland Marine Insurance
The US Court of Appeals for the Seventh Circuit ruled that, under Michigan law, a builders risk insurance policy is a form of inland marine insurance and is controlled…
Bill Introduced for Harbor Construction
Representative English (R-PA) introduced a bill to amend the Internal Revenue Code of 1986 to allow for expenditures from the Harbor Maintenance Trust Fund for certain harbor construction activities…
Senate Hearing on Implementation of the SAFE Port Act
The Senate Committee on Commerce, Science and Transportation conducted an oversight hearing on Implementation of the SAFE Port Act, which was enacted by Congress in 2006.
Transportation Fatalities Drop in 2006
Transportation fatalities in the United States decreased by one and a half percent in 2006 from 2005, according to preliminary figures contained in a report released…
MARAD Releases 2006 Annual Report
MARAD announced the release of its 2006 annual report to Congress. The report summarizes the Fiscal Year 2006 accomplishments of the Maritime Administration and…
Altamira LNG Terminal Could Begin Expanded Ops in 2012
The Altamira LNG regasification terminal operated by Anglo-Dutch oil major Shell (NYSE: RDS) on Mexico's gulf coast could begin expanded operations as early as 2012…
5 Million Tons Per Year Expected from Angola’s LNG Project
The Angola LNG (liquid natural gas) project is expected to produce 5 million tons of gas per year, as of 2012, the country’s oil minister, Desidério Costa, said in Luanda recently.