Lasco Shipping Co.’s Chief Executive Officer Kenneth M. Novack announced that Steven T. Ho has joined the Lasco Board of Directors. Ho, President of Fairmont Shipping (Canada) Limited, headquartered in Vancouver, B.C., Canada, joins George Wood and Anthony Gurnee as outside directors of Lasco. “We’re extremely pleased that Steven Ho has joined our Board,” commented Novack, calling attention to Ho’s over twenty-five years of global shipping experience, including senior management positions in New York, Tokyo and Hong Kong. Over the years Ho has been involved in many aspects of shipping, from sales to brokering, technical management to operations, project development to financial management. Novack went on to note that Ho’s background in privately owned shipping companies engaged in world-wide ocean transport brings additional expertise and depth to the Lasco board as Lasco continues to strategically position itself in the twenty-first century global market-place. This announcement is seen as the latest in a series of initiatives this past year by Lasco to strengthen its core management and Board, to strengthen its commercial flexibility through selective alliances and pool arrangements, and to renew its fleet through an active newbuilding program.
Seacor Holdings Inc. (SEACOR) announced that it has executed an agreement with Hyundai Heavy Industries Co., Ltd. (HHI), through a subsidiary of SEACOR Ocean Transport Inc., for the construction of two Liquefied Petroleum Gas tankers (Very Large Gas Carriers, otherwise known as VLGCs) with expected deliveries in 2014 with an option to purchase up to three additional VLGCs with delivery in 2015. These vessels will be equipped to meet current and expected environmental and
Waller Marine, Inc of Houston, Texas will soon launch and christen what will become the world’s largest floating power generation facility when installed at a designated site in Venezuela. The two power barges, which Waller has under construction at the Signal International Shipyard in Orange, Texas, will be transferred from their land based construction locations to the water during the next few days and christened by Venezuelan dignitaries at a ceremony at the shipyard on August 21
Qatar Navigation (Milaha) Q.S.C. announce its financial results for the first half of 2012, ending June 30th. Summary financial results are as follows: • Operating revenues of QR 1.164 billion vs. QR 1.159 billion for the same period in 2011, an increase of 0.4% year over year. • Operating Profit of QR 320 million vs. QR 300 million for the same period in 2011, an increase of 6.6% year over year.
Søren Skou, CEO of container shipping giant Maersk Line is keynote speaker at the 4th Cool Logistics Global conference, 24-26 September in Antwerp, Belgium. Mr. Skou will outline Maersk’s position on the critical actions now needed to sustain the future of global refrigerated transport. Over the past decade and more, expansion of refrigerated container ocean services has underpinned growing world trade in an ever-widening range of perishable commodities
The first installment of a new and historic partnership between the Department of Defense and National Aeronautics and Space Administration begins as the amphibious transport dock 'USS Arlington' (LPD 24) conducts a stationary recovery test of the Orion crew module while berthed at Pier 12, Naval Station Norfolk. During this test, a waterborne Orion crew module (a 16-foot, four-personnel upgrade of the Apollo capsule, which was half the size and carried a crew of three)
The first 53-foot ocean-capable containers from shipping leader APL have rolled off the assembly line and were loaded onto the vessel APL Philippines for their initial voyage across the Pacific. Major retailers have snapped up the containers to take advantage of “big-box economics” on the Transpacific Trade from Asia to the U.S. “We took the first order of 53-foot containers from our manufacturer in China and immediately put them to work,” said Bob Sappio
John H. Colle, Jr., President of Colle Towing Company, Inc., Pascagoula, Miss., announced that Signet Maritime Corporation has awarded a new-build contract to Colle Shipyard for construction of Signet Weatherly, a Robert Allan designed RAmparts 3200 105-ft x 38-ft by 17.7-ft ASD tug. The vessel will be built and classed to ABS Maltese Cross, AMS, Ocean Towing Service standards. She will be employed in Signet’s expanding US Gulf and overseas harbor
Dockwise Ltd. Board of Directors approved of the commissioning of a newbuild vessel to serve the emerging demand for ocean transports with capacity of above 100,000 metric tons, and the notice of the same date for a special general meeting (SGM) to authorize the proposed rights issue to part-finance the investment. The SGM of the company was held on Nov. 23 in Amsterdam, the Netherlands, and all items were resolved in accordance with the Board of Directors' proposals as set out in
Reduced volumes of high and heavy cargo and seasonally lower demand for maritime services negatively affected Wilh. Wilhelmsen Holding ASA (WWH) total income and result in the third quarter of 2013. Current activity level for group entities is expected to continue. Operating profit for the third quarter of 2013 was USD 96 million (USD 260 million) based on a total income of USD 873 million (USD 1 075 million). Income and results for the third quarter of 2012 were positively impacted by a
CACI International Inc says it has been selected as a prime contractor to provide logistics support to the U.S. Navy’s Military Sealift Command (MSC) on the Worldwide Logistics Services (WLS) contract. The five-year (one base plus four option years) multiple-award indefinite
Conrad Shipyard, L.L.C. engaged Bristol Harbor Group, Inc. (BHGI) to develop a 3,000 cubic meter Liquefied Natural Gas (LNG) transport barge utilizing a Bristol Harbor Group proven hull design built by Conrad. Bristol Harbor Group has been awarded an Approval in Principle (AIP) by the
Rickmers-Linie, the Hamburg-based liner carrier for break bulk, heavy lifts and project cargoes has again been chosen by Kirow for the transportation of railway cranes from Hamburg to Xingang. The shipment in August marked the continuation of a long-standing relationship between the two companies
Once again displaying their diversity for use in the domestic petroleum industry, one of Crowley’s four ocean class tugs, Ocean Sky, recently provided back-up station-keeping and holdback services during a routine blackout test of ultra-deepwater, semisubmersible oil rig Noble Jim Day in U.S
ABS announced it has been chosen to class the world's first compressed natural gas (CNG) carrier ordered by Pelayaran Bahtera Adhiguna, a subsidiary of Indonesia's state-owned power company Perusahaan Listrik Negara (PT PLN). The award for the precedent-setting ship
Marine and coastal environment specialist, BMT Oceanica (BMT), a subsidiary of BMT Group Ltd, is delighted to announce that it has won the bid to provide Ocean Outlet Monitoring services for Western Australia’s Water Corporation.
Nine foreign nationals were charged in a Kenyan court on Thursday with trafficking the biggest ever single seizure of drugs at the Indian Ocean port of Mombasa. There has been a surge in the volume of heroin trafficked through east Africa in recent years, the U.N
DryShips Inc. an international provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, of offshore deepwater drilling services, today announced its unaudited financial and operating results
Lerwick Harbour has again demonstrated its deep-water capacity and capabilities, this time by simultaneously accommodating two giant support vessels and the successful offloading of a 10,000 tonne subsea oil storage tank, destined for west of the Shetland Islands.
Communications and safety at sea specialist Ocean Signal has appointed FURUNO Italia S.R.L. as its new distributor for Italy. Following confirmation of the new partnership, FURUNO is now able to market and supply the entire Ocean Signal range of products
Good connections between seaports and the hinterland are vital for optimizing the logistic chain. The Port of Rotterdam Authority and the Bayernhafen Gruppe are therefore working together in the ‘Bayrolo’ research program. The aim of this cross-border project is to further improve
A U.S. Coast Guard rescue helicopter crew medevaced the chief engineer off a cargo ship, Monday, after he began experiencing stroke-like symptoms, 85 miles offshore of Galveston, Texas. Watchstanders at the Coast Guard Sector Houston-Galveston Command Center received a notification relayed from
Transport Canada informs that the Honourable Lisa Raitt, Minister of Transport, has spoken of the important role Canada's marine ports play in supporting trade and economic growth in a speech to the 56th annual conference of the Association of Canadian Port Authorities
The final voyage of aircraft carrier USS Saratoga begins today. From the Eastern Hemisphere to the Western Hemisphere, the USS Saratoga has made her mark around the globe, and served more than 38 years in the United States Navy. The carrier’s aircraft flew sorties in the Vietnam War
The Atlantic Ocean has masked global warming this century by soaking up vast amounts of heat from the atmosphere in a shift likely to reverse from around 2030 and spur fast temperature rises, scientists said. The theory is the latest explanation for a slowdown in the pace of warming at the