BOEMRE Approves Sixth Deepwater Drilling Permit
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) approved a sixth deepwater drilling permit on March 25 that complies with rigorous new…
Hamburg Süd Calling at Ports In Japan
Hamburg, 25 March 2011. Immediately after the devastating results of the earthquake in Japan, Hamburg Süd set up a working group consisting of experts from various departments which is constantly monitoring the situation on the east coast of the Asian continent and can quickly and efficiently respond to any new developments. This working group today decided also to have the next vessel, the “Cap Isabel”…
This Day in U.S. Coast Guard History - March 25
1911- The Treasury Department directed the keepers of life-saving stations to keep a lookout through the beach patrol for stray buoys washed ashore, to secure such buoys when it could be done…
This Day in U.S. Naval History - March 25
1813 - USS Essex takes Neryeda, first capture by U.S. 1898 - Assist.
First post-quake cargo cleared in U.S.
LOS ANGELES, MARCH 24, 2011: U.S. Customs and Border Protection gave global shipping line APL an all-clear here this week for the first shipment of containerized cargo from post-earthquake Japan. According to Customs, technicians conducted radiation tests on 355 containers discharged at the Port of Los Angeles from the vessel APL Korea. All containers were cleared for delivery to locations throughout the U.S.
Eagle Bulk Shipping Inc. Reaches Agreement With Korea Lines Corporation
NEW YORK, March 25, 2011 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (Nasdaq:EGLE) ("Eagle Bulk") announced today that it has reached a comprehensive agreement with the Receivers of Korea Line Corporation ("KLC") regarding twelve time-chartered vessels impacted by KLC's decision to file for protective receivership earlier this year. The agreement follows extensive and highly constructive dialogue between the two parties.
TSAKOS Announces The Completion Of Sale Of The Aframax Tanker Opal Queen
ATHENS, GREECE – March 24, 2011 - Tsakos Energy Navigation Limited (“TEN” or the “Company”) (NYSE:TNP) today announced the delivery of the 2001-built aframax tanker Opal Queen to her new owners. The capital gain of over $5 million while the free cash of over $16 million from this sale will be recorded in the first quarter of 2011, while the free cash to be generated will be used for future vessel opportunities.
Petrobras Awards Lankhorst Ropes Dyneema Deepwater Mooring Line Contract
Leading deepwater rope manufacturer, Lankhorst Ropes, has secured the first-ever, worldwide order for Dyneema synthetic mooring rope for deepwater MODU (Mobile Operating Drilling Unit) projects from Brazilian oil and gas producer Petroleo Brasileiro SA (Petrobras). Gama 98 is a rope construction developed by Lankhorst Ropes specifically for deepwater mooring, and used on a number of major deepwater projects in the Gulf of Mexico. The rope will feature up to 12 Dyneema SK78 yarn sub-ropes.
Shipping Industry Needs to Leave Comfort Zone to Reduce Piracy
Reducing the number of ships that are hijacked by Somali pirates is a realistic prospect in the near‐term if shipowners and operators are willing to adopt a security…
Marinette Marine Seeks Contractors
According to a report from the Greenbay Press Gazette, on March 23 the Marinette Marine Corp. Small Business Industry Day was held in Wisconson for prospective contractors…
Japan's Quake May Boost Korean Industry
According to a report from Bloomberg, with the prospect of less competition from Japan due to the earthquake and tsunami that hit the country, and increased demand when the Japanese start rebuilding…
Sungdong Shipbuilding Wins $550M Order
According to a report from Reuters South Korean small and medium-sized shipbuilder Sungdong Shipbuilding and Marine Engineering Co Ltd said it had won a combined…
S Korea Won Up, $816M Shipbuilding Order
According to a report from The Wall Street Journal the South Korean won rose against the dollar, buoyed by news that shipbuilder Samsung Heavy Industries (010140.SE)…
BOEMRE Approves Fifth Deepwater Drilling Permit
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) approved a fifth deepwater drilling permit on March 24 that complies with rigorous new…
German Shipbuilder Uses Leica Geosystems
According to a report from Manufacturingtalk.com, the surveying team at Meyer Werft, a shipbuilder based in Northern Germany, uses instruments only from Leica Geosystems…
S Korean Shipbuilders Ask Posco to Raise Output
According to a report from The Wall Street Journal, South Korean shipbuilders have asked Posco to increase production of shipbuilding plates as a hedge against a…
