MOL Rate Restoration Program
On Feb. 9, MOL announced the implementation of a general rate restoration program on the Asia Europe trade to maintain high service levels during the current economic climate.
Retail Container Traffic to Fall 11.8%
After ending 2008 down 7.9 percent, cargo volume at the nation’s major retail container ports is expected to drop at an even faster pace during the first half of…
Dryships Sells M/V Toro
On Feb. 6, DryShips Inc. (NASDAQ:DRYS), a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced…
Boatswain’s Locker Distributes Fiat Powertrain
Fiat Powertrain Technologies of North America, Inc., (FPT NA), announced an agreement with Costa Mesa-based Boatswain’s Locker for the distribution and service of…
Fiat Powertrain Expands Laborde Distribution
Fiat Powertrain Technologies of North America, Inc., (FPT NA), has expanded Louisiana-based distributor Laborde Products Inc.’s distribution territory to include Texas…
Fiat Powertrain Expands Laborde Distribution
Fiat Powertrain Technologies of North America, Inc., (FPT NA), has expanded Louisiana-based distributor Laborde Products Inc.’s distribution territory to include Texas…
Ekerot, Managing Director Beijer
Magnus Ekerot is the new Managing Director for Beijer Electronics Products AB as of Jan. 1. 2009. Conny Persson who held the post before him is retiring, leaving the company after 26 years. Magnus Ekerot joins Beijer Electronics from Axis Communications GmbH in Munich, Germany, where he held the position as Managing Director responsible for Middle and Central/Eastern Europe for the past five years.
Chao, 2009 Horatio Alger Award Winner
The Horatio Alger Association of Distinguished Americans announced that James S.C. Chao will be presented with the 2009 Horatio Alger Award and inducted as a lifetime member of the association for his determination in achieving success despite his humble upbringing. Chao, chairman of Foremost Group in New York, will be officially inducted into the prestigious association on April 3rd in Washington, D.C.
This Day in Naval History – Feb. 10
1862 - Union gunboats destroy Confederate ships at Elizabeth City, NC 1900 - Appointment of first naval governor of Guam, Commodore Seaton Schroder 1960 - USS Sargo (SSN-583) surfaces at North P
Near Collision, Fishing Vessel & Large Freighter
The Coast Guard is investigating a report of a commercial fishing vessel that crossed in front of the Motor Vessel Bosse, a large commercial freight ship transiting…
Export Privileges Denied to Iranian Co.
The U.S. Bureau of Industry and Security (BIS) issued an order temporarily denying export privileges to the Islamic Republic of Iran Shipping Lines, as well as two related companies.
SMM Istanbul Event Report
The first SMM Istanbul, from 21 to 23 January 2009, had more than 4,000 trade visitors from 66 nations and 150 exhibitors from 30 nations. “The premiere was a success…
Intertanko Provides Model Piracy Clauses
While the marine and technical teams at Intertanko have responded with practical advice and assistance to the piracy attacks in the Gulf of Aden and off Somalia…
Keppel Delivers 5th Aban Jackup Rig
On Feb. 6, Keppel FELS Limited announced that it successfully delivered the jackup drilling rig, Deep Driller 8, to Aban Singapore Pte Ltd (Aban) on time, within budget and without incidents. Deep Driller 8 is the fifth unit to be delivered in a series of five KFELS Super B Class rigs for Aban since 2006. The rig has been completed with a clean safety record. The KFELS Super B Class design is one of the world’s deepest drilling rigs…
SeaArk’s 3rd PB to Royal Cayman Islands
SeaArk Marine, Inc. has recently delivered Cayman Guardian, a 65 ft Dauntless RAM Patrol boat to the Royal Cayman Islands Police Marine Unit. The fast patrol boat is to be assigned to the joint Customs, Police and Immigration Marine Unit for border protection in helping to prevent drug and illegal immigrant trafficking in the Cayman Islands. The vessel is powered by twin MAN diesel engines at 1100 hp each coupled to ZF gears.
Descartes Acquires Oceanwide Logistics
Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), a global on-demand software-as-a-service (SaaS) logistics solutions provider, has acquired the logistics business of privately-held Oceanwide Inc.
Updating the Pusher Design
The medium sized pusher towboat is a stable of the U.S. Inland waterways marine transport. Built to work comfortably in the confines of the Gulf Intracoastal Waterway they must also have enough power to handle the distances and currents of the Mississippi. Recently some owners have built tugs to updated deigns. Kirby Marine has had a series of boats built at Raymond and Associates LLC shipyard in Bayou LaBatre Alabama. Florida Marine also had a series of new towboats built.
Bradford Marine Yacht Sales, New Brand
Bradford Marine, Inc. has acquired rights to the Bradford name relating to yacht sales and charter. As a result, they are reuniting the Bradford name for the first…
MAN Diesel Powers Danish Navy OPVs
After delivery from Karstensens Shipyard, Denmark, the second Offshore Patrol Vessel (OPV) for the Danish Greenland operation entered official command under the Royal Danish Navy on 16 January. The vessel, which has been named Ejnar Mikkelsen (P571), is built for a wide range of arctic and coastal operations, like its predecessor. The newbuilding is expected to enter North Atlantic service at the end of February 2009 and follows the first vessel…
SAAB Provides AIS For Malaysia
Saab TransponderTech has been awarded a contract to supply a coastal Automatic Identification System (AIS) network for the east coast of the Malaysian peninsula…
