Japan Shuts Down Nuclear Plants in Typhoon's Path
Hundreds of flights were cancelled in Japan and more than 500,000 people urged to evacuate as a powerful typhoon brought torrential rain and high winds to southwestern…
FPSO Contract Suspension Could Cost Petrobas US$15-bln
Profit at Petrobras, Brazil's state-led oil company, could be reduced by $15 billion between 2014 and 2018 if it had to suspend oil platform contracts with Holland's SBM Offshore NV…
CITIC Starts Court Proceedings Against Qingdao Port Operator
China's CITIC Resources Holdings Ltd has begun court proceedings against the operator of a bonded warehouse at Quindao port as legal action ramps up following an…
Global Ocean Trade: Latest Shipbuilding Orders
Orders for gas carriers placed with Korean and Japanese shipyards figure prominently amongst the latest newbuilding orders noted in the latest Clarkson Hellas S&P Weekly Bulletin.
Shipping Industry Not Quite as Upbeat About Future: Analyst
Overall confidence levels in the shipping industry fell slightly during the three-month period to May 2014, due to concerns that overtonnaging could hit freight rates…
Making Friends: South Korean Admiral Tours China Warship
A South Korean Navy admiral toured a Chinese warship in a rare opening by Beijing to its People's Liberation Army vessel last week during U.S.-led Pacific RIMPAC maritime drills…
ISC Declares Preferred Stock Dividends
International Shipholding Corporation inform that its Board of Directors has declared a dividend of $2.375 per share on its Series A Cumulative Redeemable Perpetual…
IGT's iDX 3.2.3 Software for Increased Bandwidth & Higher Throughputs
iDirect Government Technologies, Inc. (iGT), a wholly owned subsidiary of VT iDirect, Inc. (iDirect), today announced the availability of iDX 3.2.3 software, which meets the military…
Leidos Constructing AUV Anti-Submarine Warfare Tracker
National security, health & engineering solutions company, Leidos, says it has under construction an autonomous unmanned vessel designed to track quiet diesel-electric…
USCG Rescues Stranded Hiker Near Seaside, Ore
The Coast Guard hoisted a female hiker who became trapped along the Ecola State Park cliffs by the incoming tide south of Seaside, Oregon, Sunday. Watchstanders…
Fastnet to Farm in Tendrara Lakbir
Fastnet, the UK and Irish listed E&P company focussed on near term exploration and appraisal acreage in Morocco and the Celtic Sea, announced that its wholly owned…
Kalmar Delivers 10 Straddle Carriers to MCT
Kalmar, part of Cargotec, has gained an order to supply ten electric straddle carriers to its long standing customer Medcenter Container Terminal (MCT), part of the Contship Italia Group…
CEVA named One of Best Companies to Work for in Asia
CEVA Logistics, a leading global supply chain management company, today announced that it was named as one of the Best Companies to Work for in Asia, at the HR Asia Awards…
JR Transforms CMA CGM MAGELLAN into Work of Art
The CMA CGM MAGELLAN, a 365 meters long vessel, has been transformed into a work of Art by world-renowned artist, JR. Discover this amazing project and the video…
Integrated Composite Resins likely from Total's CCP & POLYNT
CCP Composites, a Total company specialized in composite resins, and Polynt Group, a provider of intermediate polymers and composites, are planning to combine to…
Maritime Reporter @ 75: The Daily Cartoon
Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners, ship and boat builders, naval architects and marine engineers. Today Maritime Reporter heads a group of four print and 10 websites serving the global maritime, offshore and subsea sector.
Metal Shark Hires Wegener as Sales Director
Louisiana-based boat manufacturer Metal Shark Aluminum Boats has hired Carl Wegener as its Director of Commercial Sales, the company announced today. Wegener brings a diversified background in engineering, strategic planning, and business development, with over 25 years of experience in the boat and shipbuilding industry. At Metal Shark, he will utilize this background and his extensive list of industry contacts to develop the company’s relationships with operators in the passenger ferry…
Solar Boats Gather for Race in Monte Carlo
Shock Mitigation and the RIB & HSC Directory are official sponsors and media partners with the Solar1 event in Monte Carlo. Solar powered boats from all over the world are set to battle it out over two days in the first truly green solar powered boat world championship. From July 10-12, 2014 the historic Yacht Club de Monaco is hosting the Solar1 event, competing for the Monte Carlo Cup. Developed by universities all over the world and driven by young students…
Fugro Signs Multiyear US Government Contract
Fugro is one of eight firms recently awarded a five-year hydrographic survey contract by the United States’ National Oceanic and Atmospheric Administration (NOAA). Task orders under this indefinite delivery, indefinite quantity (IDIQ) contract will support development of updated navigational charts in U.S. waters, including Alaska, Hawaii, the Territories and the Great Lakes. With a maximum value of…
Panama Canal Cost Dispute Arbitration to Begin in July
Arbitration to decide who will bear the Panama Canal expansion project's $1.6 billion cost overrun, a dispute that temporarily halted work earlier this year, will begin in closed-door sessions in Miami later this month, according to lawyers arguing the matter. On July 21 "both sides will submit their terms and draft procedural orders for how things will work," said Carolyn Lamm, an attorney with White & Case representing the Spanish-led construction consortium.
