Maersk's Shipping Profit Doubles on Europe-Asia Demand
A.P. Moller-Maersk Q1 net profit $1.207 bln vs $1.072 forecast; Raises full-year outlook. Profit at A.P. Moller-Maersk's container shipping business, a bellwether for global trade…
Port Hedland, Australia, Tugboat Strike Update
BHP Billiton said on Wednesday it may seek government intervention to avert industrial action by tugboat workers at the Port Hedland iron ore port that threatens…
Brisbane Ferry Passengers Fined for River Plunges
Seven men have been issued a $2,040 infringement notice after deliberately jumping from a moving domestic commercial vessel into the Brisbane River, informs the…
MH370 Search Update
Australia's Joint Agency Coordination Centre (JACC) informs that the vessel 'ADV Ocean Shield' has arrived at Geraldton, Western Australia, to begin preparations…
AAPA Hails U.S. House Passage of WRRDA
Citing it as a major victory for ports, the American Association of Port Authorities is hailing passage in the U.S. House today of H.R. 3080, the Water Resources Reform and Development Act (WRRDA).
Tenth LNG Carrier to Damen Shiprepair in France
Damen Shiprepair Brest (France) says it has received its 10th LNG carrier repair order from GDF SUEZ in-house technical vessel manager Gazocean. The vessel will…
Fitch Grade Port of Long Beach TIFIA Loan 'AA-'
Fitch Ratings has assigned an 'AA-' rating to the Port of Long Beach's $325 million TIFIA loan agreement, issued by the city of Long Beach, California for the Gerald Desmond Bridge Project…
IMO Approve New Safety Regulations for Polar Navigation
The Danish Maritime Authority (DMA) informs that the United Nations’ International Maritime Organization (IMO) has approved global binding regulations intending…
U.S. Presidential Proclamation: National Maritime Day 2014
"America's open seas have long been a source of prosperity and strength, and since before our Nation's founding, the men and women of the United States Merchant Marine have defended them.
Maritime Administrator Paul “Chip” Jaenichen to Close NMDay 2014
Acting Maritime Administrator, Paul “Chip” Jaenichen will close the “Safety at Sea” Seminar being hosted by North American Marine Environment Protection Association…
Tidewater Announce Q4 & Fiscal 2014 Financials
Provider of Offshore Service Vessels (OSVs) to the global energy industry, Tidewater Inc., announce fourth quarter net earnings for the period ended March 31, 2014…
Production Shut Down at Statoil's Snorre B Offshore Platform
Production from a subsea template at the Snorre B platform in the North Sea has been shut down following the discovery of an abnormal erosion of mass under the template, says Statoil.
Caterpillar To Launch New CAT® CG137-8 Generator Set
Caterpillar Oil & Gas will unveil the new Cat CG137-8 natural gas generator set at the Bismarck Civic Center in Bismarck, North Dakota during the 2014 Williston…
Large Yacht Fire-fighting: Upcoming Resolve Symposium
Resolve Maritime Academy informs it is to participate with industry leaders in a discussion at Roscioli Yachting Center, Fort Lauderdale, Florida, on new techniques…
Foster Wheeler's subsidiary awarded contract by LNG Canada
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group, in joint venture with affiliates of Chiyoda Corporation, Saipem S.p.A.
FUSION-LINK™ Implementation On Humminbird Ion And ONIX Series
FUSION®, a worldwide leader in marine entertainment, announced today its FUSION-Link™ entertainment protocol is now supported by the Humminbird ION and ONIX series.
BW acquires 10 chemical tankers from Stream Tankers
BW has signed a purchase agreement to acquire ten chemical tankers comprising two ships built in 2008 and 2010 and eight newbuildings to be delivered between 2015 and 2018 from Stream Tankers.
COSCO Nantong Delivers Offshore Heavy Lift Vessel
COSCO (Nantong) Shipyard Co., says it has delivered the pipelay & heavy-lift vessel 'SapuraKencana 3500', to its Asian buyer. COSCO explains that the new vessel…
Exxon's $19 Bln PNG Plant could change country's fortune
ExxonMobil's $19 billion liquefied natural gas (LNG) project in Papua New Guinea, which is shipping its first cargo, is set to dramatically transform one of Asia-Pacific's most unstable countries…
GAC EnvironHull now at 2nd UAE port -Fujairah
GAC EnvironHull, part of global shipping, logistics and marine services provider GAC Group, has expanded its eco-friendly, brush-and-diver-free hull cleaning operation to Fujairah…