ATSB Issues Report on Pasha Bulker Grounding
The Australian Transport Safety Bureau (ATSB) issued the report of its investigation of the grounding of the Pasha Bulker at on June 8, 2007. The investigation…
EMSA to Launch Tender for Stand-by Oil Spill Recovery Vessels
The European Maritime Safety Agency (EMSA) has launched, in addition to the earlier announced tender for the Black and North Sea areas, a second procurement procedure…
Coast Guard Responds To Barge Fire
The Coast Guard is investigating the cause of a fire that occurred during the transfer of fuel on board a barge at the Citgo Bulk Storage and Distribution Facility in .
Northrop Grumman Names Klein VP of M&TS
Northrop Grumman Corporation has appointed Robert W. Klein vice president of Maritime and Tactical Systems (M&TS). He manages both the diverse range of current products…
BJ Services Announces Declaration of Dividend
BJ Services Company announced that its Board of Directors has approved a quarterly cash dividend in the amount of $.05 per share, payable July 15, 2008 to shareholders…
Star Bulk Expands Fleet
Star Bulk Carriers Corp., announced that it has entered into a definitive agreement to acquire a Supramax bulk carrier of approx. 52,200 dwt, built in 2005, for approx. $68.8 million.
Merchant Mariners Honored by MSC
Air Force Gen. Norton A. Schwartz, commander, U.S. Transportation Command, and more than 150 guests paid tribute to some of the unsung heroes of national defense…
Daewoo Wins $1.4b Drill Ship Order
Daewoo Shipbuilding and Marine Engineering Co Ltd said it had secured an order to build two drill ships worth $1.38b from the . The South Korean company said in…
This Day in Naval History - May 23
1850 - Navy sends USS Advance and USS Rescue to attempt rescue of Sir John Franklin's expedition, lost in . 1939 - USS Squalus (SS 92) sinks off , with loss of 26 lives.
MPS Squadron One Changes Command
The leadership of Military Sealift Command’s 6th Fleet-based Maritime Prepositioning Ship Squadron One, or MPS Squadron One, changed hands May 22 in Corfu, Greece, with the outgoing commander Capt.
President Bush Honors Mariners
On National Maritime Day, America honors our highly skilled mariners who sail the high seas, support those on the front lines of the war on terror, and promote commerce around the world.
Navy Sails into 21st New York Fleet Week
The 21st Fleet Week celebration in began May 21, with the traditional Parade of Ships.The five U.S. Navy ships participating in the Fleet Week commemoration are the amphibious assault ship USS Kearsarge (LHD 3), guided-missile cruisers USS Leyte Gulf (CG 55) and USS Monterey (CG 61), and the guided-missile destroyers USS The Sullivans (DDG 68) and USS Nitze (DDG 94). Kearsarge and Leyte Gulf arrived in at Pier 88 and 90 respectively…
Coast Guard Honors Maritime Community
Coast Guard members throughout the honored the contributions of the American maritime community in celebration of National Maritime Day, May 22. Since 1933, National…
Genco Shipping Cuts Public Offer Size
Genco Shipping & Trading Ltd. said it has cut the size of its primary and secondary public offering to about 3.7 million shares from 6.3 million, and has priced the offers at $75.47 per share.
Admiral Allen Unveils Marine Safety Performance Plan
U.S. Coast Guard Commandant, Adm. Thad Allen, will unveil the Coast Guard's Marine Safety Performance Plan during a speech to members of 's maritime industry. The…
Mariner Delivers ABS Classed Ocean-Going Tug
Mariner, LLC has just delivered a new 88-ft. fully ABS classed ocean-going tug. This is the second 88-ft. tugboat built for Smith Marine Towing, Similar equipment to the first vessel but the owner decided to increase horsepower with this vessel with Caterpillar 3512’s rated 1500 hp each. Pushing 4 blade Rolls-Royce stainless propellers through Kort nozzles this vessel has a calculated bollard pull of 45 tons. Lights gensets and the Markey double drum winch is powered by a John Deere engine.
DSM Gets Favorable Judgment in Trademark Lawsuit
The United States District Court for the Northern District of Texas concluded a judgment for patent and trademark infringement and related claims against Armor , on April 22, 2008.
BV Fleet Tops 8,000 Ships
Bureau Veritas has topped 8,000 ships in its classed fleet, which now totals over 60m gt. With the delivery of the high speed passenger ferry Superstar from Fincantieri…
Eurofin Brokers Turkish Ship Finance Loan
Holdings. It is the largest ever ship finance loan made to a Turkish shipping company. Chinese yards. The $440m loan includes $100m of performance guarantees connected to the newbuilding programme.
SOCAR Acquires 65 Percent of Stake in Shipbuilding Factory
Within the visit of Prime Minister Han Seung-soo to , Memorandum on creation of Caspian Shipbuilding Factory was signed. State Oil Company of Azerbaijan Republic…