Chemoil CEO Dies in Helicopter Crash
The Board of Directors of Chemoil Energy announced that the company’s CEO and Executive Chairman, Robert V Chandran passed away January 7, 2008 from injuries sustained…
Hyundai Heavy Order Prediction for 2008
Hyundai Heavy Industries Co. is targeting more than $26 billion in orders this year thanks to strong demand for maritime equipment, according to YonHap News. The target…
Growth in Asia-Europe Ship Traffic
According to thehindubusinessline.com, Asia-US container traffic grew to the order of 6.9 per cent in the first half of 2007, rising to around 8 per cent for the first nine months…
Ocean Freight Shipping Rates on the Rise
After a downtrend in the freight shipping tanker market since the middle of 2007, the industry has seen nothing but rate increases in the last month. The cost of…
Outdated Artic Charts Serve As a Threat
According to cbsnews.com, Melting sea ice has drawn more cruise ship tourists to Canada's Arctic waters, but an Arctic security expert warns that centuries-old navigation…
Wärtsilä Appoints Group VP
Mr Atte Palomäki (42) M.Sc. (pol.) has been appointed Group Vice President, Corporate Communications, as of March 1, 2008. In this new position Mr. Palomäki becomes…
Konsberg Extends Deliveries to OMAN
Spanish engineering contractor, Tecnicas Reunidas (TR), has placed an order for a Dynamic Simulation Study of critical depletion compressors with Kongsberg Maritime's…
Oman Ferry Hits 55.9 Knots
Austal’s 213 ft. (65 meter) Auto Express catamaran ferry “Shinas”, built for the Sultanate of Oman, has achieved a record service speed of 52 knots during sea trials…
MacGREGOR Signs Offshore Orders
Offshore equipment orders recently signed by MacGREGOR’s Offshore division include the single biggest order in the history of the newly acquired Norwegian company Hydramarine AS.
Management Change in Aker Yards
Mr Leif Borge, CFO, has accepted a position as CFO in Aker Kvaerner ASA and will for that reason leave Aker Yards at the end of his notice period. Recruitment of his successor has been initiated.
TWIC Enrollment Commences in New Orleans
Port and longshore workers, truckers and others at the Port of New Orleans are now able to enroll in the Department of Homeland Security's Transportation Worker…
New Shipping Company Selects Ulstein Design
Ulstein Design has signed contracts with the yard Astilleros de Sevilla in Spain for delivering design and equipment packages to two ULSTEIN PX105 platform supply vessels.
Norway Plans Tunnel for Ships
Norway has drawn up plans to build the world's first shipping tunnel, according to a report from The Globe and Mail. Officials say the tunnel would save time and…
USCG: Security Zone around U.S. Forces Vessels
The US Coast Guard proposes to establish a permanent 500-yard moving security zone around the US Forces vessel SBX-1 during its periodic transits of the Honolulu Captain of the Port Zone.
