MISC to Acquire NOL’s American Eagle Tankers
Malaysia International Shipping Corporation Berhad (MISC) will acquire Neptune Orient Lines’s American Eagle Tankers (AET). The acquisition will provide MISC with…
Hearing Focuses on Ownership Requirements for U.S. Flag Dredges
Congressional members heard from the port industry about concerns over adequate dredge capacity at a House Joint Subcommittee hearing of the Transportation and Infrastructure’s…
General Dynamics Awards Contract to Marotta
General Dynamics Bath Iron Works, a business unit of General Dynamics has awarded Marotta a contract to provide solenoid valves on the DDG-51 Class of Navy ships.
AAPA Calls For GAO Study On Adequate Dredge Capacity
Congressional members listened intently this past week to the port industry regarding concerns over adequate dredge capacity. Some of the port industry's most formidable…
London Club Call Performance Confirms Financial Stability
The London P&I Club has, for more than 10 years, continued to maintain the policy of stable supplementary and release calls. Following a meeting on April 16, the…
Government Update
By Dennis L. Bryant, senior maritime counsel, Holland & Knight, Washington, D.C. The federal government has concluded that one means of enhancing maritime security…
OECD Warns of Secrecy, Maritime Risks
A recent wire report from Reuters commented that corporate secrecy, a prevalent business practice in the tight-lipped maritime industry, could enable extremists…
EIA: US stocks remain low
report (ending 18 April) from the US. reported an even bigger gain of 13.1 mb. remain uncomfortably low. just three weeks earlier. inventories to normal". million barrels, i.e. years.
Richard du Moulin enters Atlantic Ocean
and entered the Atlantic Ocean. before a following breeze. days. reported. too light or too strong, and always from the wrong direction: west. pattern. rogue waves…
IMO to study EU phase-out proposals
In preparation for the 49th. certain heavy oils to double-hulled vessels only. June. seek parallel revisions to MARPOL Annex 1. conclude an agreement. and any potential environmental benefits.