MHI Receives "Best IR Award"
Mitsubishi Heavy Industries, Ltd. (MHI) has received one of this year's "Best IR Awards" presented annually by the Japan Investor Relations Association (JIRA). The…
Houston Port Commission Approves budget
The Fiscal Year 2015 Operating and Capital Budget was approved Thursday during a special meeting of the Port Commission of the Port of Houston Authority. Projections…
7 Rescued from Sinking Freighter Near Haiti
Seven crewmembers were rescued after their 100-foot coastal freighter began taking on water and sank approximately 45 miles north off of Cap Haitien, Haiti, Friday.
Gazprom Transgaz Ufa Organizes Arts Festival
Children’s arts celebration was organized by Gazprom Transgaz Ufa together with the Ministry of Labor and Social Welfare of Bashkortostan and the Kultprosvet communications agency.
Time-out for Kwanza Drilling
Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.
President Pryor Retires from ExxonMobil Chemicals
Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation, has elected to retire on January 1, 2015, after more than 44 years of service.
Oil Deal Between Iraqi Kurdistan & Baghdad Welcomed
The United States welcomes an agreement between Iraq's central government in Baghdad and its northern Kurdistan region over the management of oil exports, U.S. Vice…
Canadian Pipeline Expansion Continues
Kinder Morgan Energy Partners said on Friday that crews have resumed survey work related to its Trans Mountain pipeline expansion project in the Vancouver suburb of Burnaby…
Nigeria to Cut Petrol Subsidy by Half
Nigeria plans to cut subsidies on petroleum products by half next year after sharp falls in global crude prices, spurred the government to revise its 2015 budget downwards…
USS Oscar Austin Deploys to 6th fleet
Arleigh Burke-class guided-missile destroyer USS Oscar Austin (DDG 79) departed Naval Station Norfolk Nov. 21 for a deployment to the U.S. 6th Fleet area of responsibility (AOR).
Steven Palazzo Visits HII, Newport
Huntington Ingalls Industries today hosted Rep. Steven Palazzo, R-Miss., for a tour of the company's Newport News Shipbuilding division. Palazzo represents the fourth district of Mississippi…
Orlando Ashford is President, Holland America Line
Holland America Line announced today that effective Dec. 1 Orlando Ashford will join the company as president to lead the award-winning cruise line's brand and business…
Sea Star Line: Equipment Replacement Plan on Track
Sea Star Line, LLC began receiving the first of its new 100 40’ and 45’ refrigerated containers ordered as part of its equipment replacement plan announced in August 2014. The replacement plan aims to reduce the average age of the entire Sea Star Line refrigerated container fleet to less than three years. The reefers have been fit with Carrier PrimeLine Machinery which is the most current technology available for refrigerated equipment.
Venezuela Ships First Crude Mixed with Algerian Oil to China
Venezuela is sending its first shipment of crude mixed with Algerian light oil to China, according to state oil company PDVSA and traders. Venezuela recently started…
October Imports up 9% at Port of Oakland
Containerized imports shipped through the Port of Oakland were up 9.17% in October from a year ago, the port said, citing the surge as the biggest jump in import cargo volume in six months. According to statistics released today, vessels discharged the equivalent of 73,124 20-foot import containers in Oakland during October. That was up from 66,983 containers handled in the same period last year. Port…
Everett College to Launch New Research Boat
Everett Community College’s Ocean Research College Academy (ORCA) will launch its new research vesel on November 22 with a celebration at 11 a.m. at the Port of Everett. The dedication of the Phocoena (the scientific name for harbor porpoise, pronounced FOE see nuh) will happen at the port’s travel lift, located in front of ORCA’s classrooms at 1205 Craftsman Way in Everett. The 36-foot Phocoena was funded by a $218…
Environmental Groups: IMO Polar Code Too Weak
The International Maritime Organization (IMO) today adopted the Polar Code aimed at regulating shipping in Polar Regions. Several environmental groups have criticized the measures for not going far enough to protect the Arctic and Antarctic environments, arguing that while the new code is a positive step forward, it is insufficient to properly protect Polar environments from the anticipated increased levels of shipping activity.
Atteridge Retires from Furuno USA
After 30 years of service to Furuno USA, Inc., Jim Atteridge is retiring as President and assuming a new role, as Director and Corporate Advisor. Effective December 1, 2014, Brad Reents will assume the role of President and CFO of Furuno USA, Inc. Reents has been with Furuno USA for 15 years in the role of Treasurer and Board Member. Reents is a licensed CPA and brings with him years of experience as a financial officer.
China Building Island Big Enough for Airstrip
Satellite images show China is building an island on a reef in the disputed Spratly Islands large enough to accommodate what could be its first offshore airstrip in the South China Sea…
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.
