March 10, 2014 10:58 PM ET
U.S. Federal Maritime Commissioner Doyle spoke to the Global Shippers Forum in Los Angeles and discussed Ro/Ro price fixing matters; the newly approved cooperation agreement between the ports of Seattle and Tacoma; the first PVO company to take advantage
March 10, 2014 5:16 PM ET
Colfax Fluid Handling, a business of Colfax Corporation and company in fluid-handling solutions for critical applications, has named Carl-Henrik Bramstång Sales Director, Shipowner Sales. His new role will include the sales efforts for the company’s latest technology breakthrough,
March 10, 2014 4:15 PM ET
By Paul Kilby, IFR
Petrobras has launched a $8.5 billion six-bond offering after generating a $22 billion plus order book.
The trade was launched as a $1.6 billion three-year fixed at Treasuries plus 250bp, $1.4 billion three-year FRN at 3mL+236bp, $1.
March 10, 2014 4:04 PM ET
The maintenance of passenger ferry Victoria I at Finland’s largest ship repair yard, a part of BLRT Grupp, has been finished.
Scheduled maintenance of Victoria I was carried out within six days at Turku Repair Yard’s dry dock. “The success of such projects,
March 10, 2014 3:57 PM ET
Today in U.S. Naval History - March 10
1783 - USS Alliance (Capt. John Barry) defeats HMS Sybil in final naval action of Revolution in West Indies waters
1933 - Pacific Fleet provides assistance after earthquake at Long Beach, Calif.
1945 - Navy and civilian nurses interned at Los Banos,
March 10, 2014 3:49 PM ET
By Julie Gordon, Reuters
Unionized container truck drivers set up picket lines at Canada's largest port on Monday, joining hundreds of non-unionized workers who walked off the job last month in a dispute over pay and services.
March 10, 2014 3:41 PM ET
Wilhelmsen Ships Service (WSS) has strengthened its links to cruise industry owners and operators by becoming a member of the Cruise Lines Industry Association’s Global Executive Partner Program.
WSS counts some of the world’s biggest cruise operators among its clients,
March 10, 2014 3:22 PM ET
National Response Corporation (NRC) announced the completion of a deal which sees U.K.-based Sureclean Limited become part of the NRC group.
NRC is a global provider of diversified environmental, industrial and emergency response solutions. Headquartered in Great River,
March 10, 2014 3:18 PM ET
MTN Government (MTNGOV), a subsidiary of MTN Communications (MTN) and a company in satellite communications, cybersecurity and integrated intelligence, surveillance and reconnaissance (ISR) solutions serving U.S. DoD and civilian agencies worldwide,
March 10, 2014 2:37 PM ET
Libyan government forces on Monday seized a tanker that had loaded crude at a port under the control of rebels who plan to sell oil independently of the Tripoli government, state-owned National Oil Corp (NOC) said.
The North Korea-flagged shipped was being escorted to western Libya,
March 10, 2014 1:15 PM ET
International classification society Bureau Veritas (BV) is to class a gas-fuelled major ro-ro passenger ferry newbuilding and oversee the conversion of three existing ro-pax ferries to LNG power for Brittany Ferries. A major risk analysis carried out
March 10, 2014 12:49 PM ET
By Oleg Vukmanovic and Henning Gloystein, Reuters
As Russia tightened its grip on Ukraine's Crimea region this month, U.S. and European Union officials were urging the Obama Administration to speed up approvals of more liquefied natural gas (LNG) export terminals.
March 10, 2014 12:40 PM ET
International accountant and shipping adviser Moore Stephens has made representations to Her Majesty’s Revenue & Customs (HMRC) about changing the way in which the written-down values of vessels are calculated under the U.K. tonnage tax rules, which
March 10, 2014 12:36 PM ET
Wärtsilä said its new inline scrubber system is designed to offer notable benefits over conventional exhaust gas cleaning systems, and its compact form saves considerable space, which is particularly important in smaller vessels and when being retrofitted,
March 10, 2014 12:28 PM ET
Reuters - The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Monday.
The overall index, which factors in the average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, rose 19 points to 1,562.
March 10, 2014 12:12 PM ET
Bibby Remote Intervention Limited (BRIL), part of Aberdeen-based subsea installation contractor, Bibby Offshore, has further expanded its fleet by signing a charter agreement for an IRM (Inspection Repair and Maintenance) light construction vessel and
March 10, 2014 12:02 PM ET
Bureau Veritas (BV) said it has signed a framework agreement with LM Wind Power, a supplier of components and services to the wind industry, to cover the certification of wind turbine blades to international standards.
The contract follows a collaboration between both companies,
March 10, 2014 11:43 AM ET
Hertel hereby announces that Victor Aquina, currently Managing Director of the Hertel Caspian region and the former CEO of Nacap, will be appointed as CEO of Hertel as of 1 April 2014. He will succeed Paul Broekhuijsen who will leave the company as of April 1.
March 10, 2014 11:35 AM ET
Import volume at the nation’s major retail container ports is expected to increase 12.4 percent in March as retailers begin to stock up for the spring and the summer season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
March 10, 2014 10:58 AM ET
Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced that it has commenced a cash tender offer for any and all of its currently outstanding 9.5% Senior Unsecured Callable Notes due 2016 on the terms and subject to