MarAd Releases Marine Operator Survey
The Maritime Administration (MarAd) released its Marine Operator Survey Concerning Mariner Availability. The survey found, among other things, that 71% of respondents…
Coast Guard Postpones Pursuing Refunds For Faulty Ships
The U.S. Coast Guard said it will temporarily stop its review and suspend its pursuit of a $96.1m refund for faulty ships built by Lockheed Martin Corp. (LMT) and Northrop Grumman Corp.
Update on Pirate Attack of MV Amiya Scan
Reider Shipping, owners of the hijacked freighter MV Amiya Scan and charterers Scan-Trans, report they have been in contact with their vessel. Contact has been made…
USCG Releases Great Lakes Ballast Water Management Report
The US Coast Guard released the Great Lakes ballast water management report. The report, compiled by the Great Lakes Ballast Water Working Group (BWWG), summarizes…
Wärtsilä to Centralize Warehousing and Logistics of Spare Parts
Wärtsilä is centralizing the spare parts logistics and by building a new spare parts distribution centre in the . A large and modern central warehouse is planned…
Chemoil Opens New Office in Greece
Chemoil has officially opened its sales and marketing office in . Based in , the office will be headed by Costas Karanikolaou. The company’s presence in will provide…
Safe Bulkers Announces Listing on NYSE
Safe Bulkers, Inc. announced that its public offering of 10,000,000 shares of common stock was priced at $19.00 per share. As of today, the company’s common stock…
Second Phase of Dry Excavation Work on Track
In the first two months of execution, the second dry excavation contract for the Pacific Access Channel (PAC 2) removed 263,246 cubic meters of material. The Mexican-Panamanian consortium Cilsa Panama-Minera Maria started the excavation work March 21 and by April 30, registered 3.2 percent progress.
STX Wins Shipbuilding Order
STX Shipbuilding won a $247.3m order from Europe to build two very large ore carriers, according to a Reuters report, with delivery scheduled for 2012.
Construction Commences on U.S. Shuttle Tanker
This double hulled, environmentally friendly tanker, which will be fitted with additional equipment to increase maneuverability, can receive oil from Floating Production…
Tanker Rates Surge
The rate for Suexmax vessels has jumped by 53% from $52,866 to $81,073 and that of Aframax vessels by 40% from $31,060 to $43,528 during the period. To capitalise on high freight rates…
This Day in Naval History - May 29
1781 - Frigate Alliance captures HMS Atalanta and Trepassy off Nova Scotia. 1991 - Amphibious Task Force in Bangladesh for cyclone relief redeployed. For more information about naval history…
MarAd: Availability of Coastwise-Qualified Barges
The Maritime Administration (MARAD) issued interim regulations to establish a procedure governing administrative determinations of availability of coastwise-qualified…
