WISTA Conference Headlines Critical Concerns
WISTA (Women’s International Shipping and Trading Association) will be hosting the WISTA Annual Conference in . With a conference theme of “Raising the Profile- Reducing the Footprint”…
Navy Says Crew of Hijacked Ship is OK
On October 3, the U.S. Navy’s Fifth Fleet released this photo of the crew of the MV Faina. The crew on the hijacked cargo ship appear to be in good health, the Navy reported. The ship's Russian captain died of a heart condition nearly two weeks ago, reports said. The Belize-flagged cargo ship, owned and operated by , , was seized by pirates Sept. 25 and forced to proceed to anchorage off the . The ship is carrying a cargo of Ukrainian T-72 tanks and related military equipment.
Star Bulk Deliver Panamax to its Buyers
Star Bulk Carriers Corp., has delivered the Star Iota, a Panamax bulk carrier of approximately 78,585 dwt, built in 1983 in to its buyers. The Star Iota had been…
Rowan Obtains $30m Commitment for Gorilla IV
Rowan Companies, Inc. has received a letter of intent from W&T Offshore, Inc. for the jack-up Gorilla IV. The commitment is for two wells covering a minimum term of 150 days…
WSDOT Vessels to Undergo Repairs
WSDOT will reduce Seattle/Bremerton ferry service to one 144-auto ferry and supplemental passenger-only service at the beginning of the service day on Tuesday morning, Oct.
NCL Deploys Eniram’s DTA
Eniram Ltd., provider of dynamic decision support systems for the shipping industry announced an agreement with Norwegian Cruise Line (NCL) to deploy Eniram’s Dynamic…
Two StatoilHydro Execs Resign
Executive vice president for Exploration and Production Norway (EPN), Tore Torvund, and executive vice president for Projects, Morten Ruud, are resigning from their…
IBF Declares High Risk Area in Gulf of Aden
Following an emergency ad hoc meeting of the IBF Warlike Operations Areas Committee in on October 7, the International Bargaining Forum agreed to establish a 'high…
Cap Preston Makes Maiden Call in Seattle
Hamburg Süd provides 104 departures annually between the and Australia/New Zealand. Hamburg Süd offers with its new service between the North American West Coast and / a variety of fast and direct connections between both continents. The smart rotations deliver the trade's best transit times. For example the time between and could be shortened by two days. The new service will offer three slings…
Lack of Icebreakers Could Disrupt Winter Deliveries
Hundreds of millions of dollars in commerce, including shipments of road salt, could be disrupted this winter because of an inadequate fleet of U.S. Coast Guard icebreakers…
Ocean Tankers Receives New Tanker
Tankers has received the new double-hull tanker M/T Stavrodromi of 15,500 tons. With the receipt of M/T Stavrodromi, the fleet increased from 14 to 15 tankers. The…
This Day in Naval History - Oct. 07
1864 - USS Washusett captures Confederate raider CSS Florida in of , . 1924 - Rigid airship Shenandoah commences transcontinental flight. 1975 - President Gerald…
Financial Crisis and Shipbuilding
Anyone who was in Hamburg late last month the the SMM 2008 exhibition would contend that the shipbuilding market is stronger than ever, as the expo drew a record of nearly 2…
