TEN Announces New Time Charter for the Aframax Olympia
Tsakos Energy Navigation Limited (TEN) announced a new time-charter contract for the Aframax Olympia with a major European charterer. The two-year contract begins…
NY Waterway Installs GPS System
NY Waterway has completed installation of a $1 million global positioning system (GPS), allowing the company to track instantly and continuously the location and speed of all ferries and buses…
Kotug Prepares Organization for Further Growth
Kotug International B.V, the well known provider of harbour towage services in Rotterdam Hamburg and Bremerhaven, have announced the appointment of two professionals to join its team.
OMI Announces Construction of Additional Vessel and Time Charters
OMI Corporation of Stamford, Ct. has exercised an option to have a sixth 37,000 dwt ice class 1A product carrier constructed for it by Hyundai Mipo Dockyard Co.…
A&P Tees Goes from Strength to Strength
A&P Group’s Teesside facility, located near Middlesborough, has made a successful start since re-opening for business earlier this year, success in both use of the…
Lasco Enters Agreement with Clipper Group
The Portland, Oregon based Lasco Shipping Co. enters into major agreement with Clipper Group of the Bahamas. Torben G. Jensen, Chairman of Clipper Group of the Bahamas and Kenneth M.
Mega Yacht Returns to Blohm + Voss
The LADY MOURA returned to Blohm + Voss on October 8 for maintenance and conservation work. The 344-ft. (105 m) long white mega yacht will undergo a facelift in its roofed-over floating dock.
Lee Promoted to Director of Human Resources at Crowley
Bryan R. Lee has been promoted to Director, Human Resources for Crowley Maritime Corporation. unit interface. activities for Crowley's offices in the eastern and central United States.
Marine Jet Technology Listed for Trading on the OTCBB
Marine Jet Technology Corp has been listed for trading on the OTCBB under the symbol MJET. The company develops and markets marine jet propulsion technology based…
Wärtsilä Reports Market Success for Engines
common-rail marine engines. million bhp). sector. Sulzer RT-flex96C type for large container liners. built under licence in Korea and Japan. containership newbuilding orders.
U.K. SOSREP Approves Transfer of Ships for Recycling
The UK Maritime and Coastguard Agency (MCA) has stated that the Secretary of State’s Representative in Maritime Salvage and Intervention (SOSREP) has cleared the way for two more vessels from the U.S.
NSA: Cuts Coming for Offshore
The Norwegian Shipowners' Association (NSA) had high hopes of maintaining status quo while the White Paper on shipping policy was still pending. These hopes were…
Odfjell Enters Long-Term Timecharter
Odfjell announced the long-term timechartering of two 30,000 dwt. stainless steel type tankers to be built in and owned from Japan. a total of five.
Maritrans Announces New Financing Agreements
Maritrans Inc. announced that the company recently entered into new financing agreements to replace $36.8 million of its existing term debt. This move allows Maritrans…
Caterpillar Product Line to Include Propulsion Engine
Caterpillar has announced the availability of the 3412D propulsion engine to the commercial marine market. The V-12, four-stroke-cycle-diesel engine offers higher…
MITAGS to Offer Gas Carrier Inspection Course
Glen Paine, Executive Director of the Maritime Institute of Technology and Graduate Studies (MITAGS) and the Pacific Maritime Institute (PMI) announced today that MITAGS has been awarded the U.S.
Panama Canal Authority Forms Alliance with Massachusetts Port Authority
With more than 60 percent of Panama Canal traffic originating from or traveling to the East Coast of the United States, the Panama Canal Authority (ACP) announced…
ITIC Warns Agents to Beware Crew Smugglers
immigrants by pretending they are joining crew. insurer of transportation professionals. of the leading shipping companies in Bangladesh". Argentina, Chile, Ecuador, Peru and Uruguay. of their choice.
Kvaerner Masa-Yards Licenses Shipbuilding Atomation
cooperation partner Esab. opened a new era in the shipbuilding process. times have been reduced to zero and no CAD models are needed. technology allows even unmanned production (in night shift).
Partial Settlement on Exclusive Tug Franchises on Lower Mississippi River
The Federal Maritime Commission (FMC) released a Settlement Agreement it has entered into with one of the stevedoring companies that was allegedly involved in an…
