SEACOR Holdings Announces Q2 Results
SEACOR Holdings Inc. has announced its results for its second quarter ended June 30, 2014. For the quarter ended June 30, 2014, net income attributable to SEACOR Holdings Inc.
RIMPAC Draws ADF Closer to Amphibious Future
More than 800 Australian Navy, Army and Air Force personnel are on their way home after taking part in RIMPAC, the world’s largest naval exercise, which concluded in Hawaii today. Australia sent the Royal Australian Navy (RAN) ship HMAS Success and Submarine HMAS Sheean, a rifle company from 5th Battalion, the Royal Australian Regiment and three Royal Australian Air Force (RAAF) AP-3C Orion aircraft…
Asia-N.Europe Container Freight Rates Jump 21%
Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 21 percent to $1,455 per 20-foot container (TEU) in the week ended on Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters. It was the first time rates on the world's busiest route rose since July 4, when they jumped 28 percent. Container freight rates have so far increased in 10 weeks this year but fallen in 21 weeks.
Dan-Bunkering Restructures for Expansion
Bunker trading company A/S Dan-Bunkering Ltd. introduced a new organizational structure effective August 1, 2014. The company said the move was made to maintain its position, continue expansion in the marketplace and to accommodate a newly implemented strategy. “We must secure our position in the Asian region and look for further opportunities in this for us very important region. In order to achieve this, Managing Director of Dan-Bunkering (Singapore) Pte.
Langh Ship Scrubber Receives Class Approval
Langh Ship received on July 17, 2014 final class approval from Germanischer Lloyd for its exhaust gas cleaning system on m/s Laura, a 1996-built a 6,500 DWT general cargo vessel equipped with a 6 MW main engine. “The technology had already been accepted earlier, but now the documentation is also finalized,” said Reino Verosaari, Senior Technical Adviser. Langh Ship is a shipping company that has developed its own closed loop scrubber.
ESS Lands Second Contract with Dolphin Drilling
ESS Support Services Worldwide, part of Compass Group, has won a new, three-year contract, worth £10.5 million, to provide hotel and catering services to Dolphin Drilling Ltd. Aberdeen-based ESS has worked with Dolphin Drilling since 2007, delivering food and housekeeping services on board the Belford Dolphin. This second contract, which commenced on June 1, 2014, will see the ESS team provide catering…
Kurdish Crude Oil Tankships: End-Game Still in Doubt
After a legal show-down in Texas this week, the outlook for a handful of tankers holding some $300 million worth of Kurdish oil is not looking good. Seemingly unable…
Greek Warship Evacuates Libya Personnel
Greece safely evacuated embassy staff and more than one hundred Chinese and European nationals from Libya early on Friday with a navy frigate sailing back to the Greek port of Piraeus…
“K” Line and Ports America Deal on Strategic Partnership
KAWASAKI KISEN KAISHA, LTD. (“K” Line) is pleased to announce that “K” Line and Ports America have agreed to form a strategic partnership aimed at enhancing and…
New Tolls Structure at Panama Canal
The Panama Canal Authority has advised that a new tolls structure will be introduced when the expanded Canal opens. The proposal the Authority plans to present in…
Children’s Day at Gazprom Transgaz Saratov
On May 31 and June 1, 2014 . Over two thousand children from the Saratov, Tambov and Penza Regions took part in sports competitions, environmental quizzes and cheerful…
Rosneft to Carry Out Ecologic Fishery Research in Laptev Sea
For the first time in history of Arctic Rosneft will carry out integrated ecologic fishery research on three licensed sites (LS) of Laptev Sea: Anisinsko-Novosibirsky, Ust’ Lensky and Ust’ Oleneksky.
Jinhai Heavy Industry Secures Another Invention Patent
Jinhai Heavy Industry of China has received patent rights for its large ship superstructure hoisting method after a state intellectual property review. The patent rights is for twenty years.
Rolls-Royce Appoints Ruth Cairnie as Non-Executive Director
Rolls-Royce is pleased to announce that Ruth Cairnie has been appointed as a Non-Executive Director of the Company with effect from 1 September 2014. Ruth Cairnie…
1H 2014 Profits of Port of Tallinn Up 16%
Port of Tallinn earned an unaudited half-year net profit of 20.2 million euros with company’s turnover reaching 59 million euros. Compared to last year the turnover…
Geo-Science Provider TGS Reports Strong Half 2014 Results
TGS reports net revenues of USD 205 million in Q2 2014, compared to USD 210 million in Q2 2013. Earnings before interest and taxes (EBIT) totaled USD 82 million…
Matson Reports Solid Q2 2014 Results, Dividend Increased
Leading U.S. carrier in the PacificMatson, Inc. reported net income of $18.1 million or $0.42 per diluted share for the quarter ended June 30, 2014, compared with…
Korea Shipbuilder Wins US$400-M Greek Order
Daewoo Shipbuilding & Marine Engineering Co., South Korea’s second-largest shipbuilder, says it has signed a contract to build 4 tankships for Maran Tankers Management…
Scientific Team Arctic-bound Aboard Cutter 'Healy'
A team of scientists from the Coast Guard Research and Development Center (RDC) is to depart shortly from Seward, Alaska, for a technology evaluation in the Arctic…
