Efficient Bunker Buyers āNeed to Knowā
The bunker industry is witnessing interesting times. Throughout the last 12 months, prices have doubled for many grades of fuel, reaching unparalleled levels. At the same timeā¦
Kurz Joins Hvide As CEO
In the latest of various corporate changes that have occurred at Fort Lauderdale, Fla.-based Hvide Marine, the company has elected Gerhard E. Kurz as CEO and a member of its Board of Directors.
A New Wave of Customer-Driven Offerings: The SAGA Process
In the past, companies have expanded their product lines via strategic acquisition of complimentary companies. More recently companies have expanded their productā¦
Wet Welding Provides More Than Quick Fix
The aim of any shipowner is obviously to keep a vessel in shape and operating for as many revenue-generating days as possible per year (cargo rates willing, of course).
FR. Fassmer & Co.: Keeping It In The Family
Fassmer-Shipyard this year celebrates its 150th year in business, and the companies' chronology is literally a case study in the effective use of and evolution of marine materials.
Norway To Simplify Licensing Rules
Norway's government wants to let firms other than pure oil companies apply for stakes in offshore oil and gas licenses as part of a drive to simplify the sector and attract investments.
New Satellite System Could Find Sunken Ships
A new European Union-backed radio satellite system could help find sunken ships, EU officials said, promoting the potential benefits of the "Galileo" satellite navigation system.
Trimaran Demonstrator Progressing At VT
A new shape in navy warships is quickly taking shape in the U.K., as Vosper Thornycroft (VT) has completed structural work on the 321 ft. (98 m) Trimaran Warshipā¦
Kvaerner Sells Singapore Yard
Kvaerner officials announced the company will sell its Kvaerner Fjellstrand shipyard in Singapore to Dutch firm Damen Shipyards Group. The sale will mean a slight accounting loss for Kvaernerā¦
Chinese Police Check Possible Pirated Ship
Chinese police were checking Friday to see if a Japanese cargo ship commandeered by pirates about four months ago may have been found on its shores, a Japanese shipping industry source said.
New & Notables
3.MAJ Brodogradiliste of Rijeka, Croatia has delivered Chaleur Bay - the second of its four-part oil/products carrier series. The Liberian-registered vessel groupā¦
Spaarneborg Premieres As First Of Stora Enso's New Series
A member of the Wagenborg trio, MV Spaarneborg was constructed at German shipyard Flender Werft as part of a key component within a new transport system developedā¦
Harland & Wolff Lays Off 280 Workers
Harland and Wolff said it would lay off 280 workers last week. The shipyard recently secured its future by winning orders for four ferries worth $456 million and two cruise liners worth $350 millionā¦
Business Briefs
Hvide Marine Incorporated (HMI) and subsidiary Sun State Marine Services, Inc., recently christened the first in a series of new cargo ships at its U.S. shipyard facility in Green Cove Springsā¦
AWO Members Win Benkert Award
The USCG has honored AWO members Crowley Marine Services, Inc. and Southern Towing Company with the William M. Benkert Award for excellence in marine environmental protection.
Contracts
Hornbeck Offshore Services, Inc., a wholly owned subsidiary Hornbeck-Leevac Marine Services, Inc., has begun a new vessel construction program to significantly increase the size of its seven-vesselā¦
Cargill To Deliver Low Sulfur Cargo
Cargill Inc. is in the process of shipping the first low-sulfur gas oil or diesel cargo from Southeast Asia to Europe. Traders said the company had chartered a tanker called the Young Ladyā¦
BP Marine, Unitor Form Marine Alliance
UK-based BP Marine and Unitor ASA of Norway will form a marketing alliance to offer their combined range of products to ship operators on a global basis and, as a next stepā¦
Network For Independent Transportation Companies Formed
International Freight & Logistics Network Inc, a new network of independent international transportation companies, has recently been established. The organizationā¦
Introducing āLo-Jackā For Ships
A successful anti-piracy tracking system supported by ICC's International Maritime Bureau (IMB) now has a dedicated website that demonstrates how ship owners canā¦
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