Jim Miller Nominated Chairman of Philly Shipyard
Philly Shipyard ASA (Oslo: PHLY) announced that Jim Miller has been nominated to be Chairman of the Board of Directors of Philly Shipyard. Mr. Miller previously held this role from 2011 until 2014.
Warro-5 flows Gas Testing to Start
Transerv Energy informed that fracture stimulation work has been successfully concluded at the Warro-5 well in WA’s Mid-West. The Warro-5 and Warro-6 wells are now…
Vard Brazil Shipyard Makes First Delivery
Vard Holdings Limited, a global designer and builder of offshore and specialized vessels, has delivered its first vessel from the group’s newest shipyard, Vard Promar in Brazil, on January 8, 2016.
CMA CGM Keeps Buying NOL Shares
French liner giant CMA CGM has acquired last week a total of 2.26 million shares in Neptune Orient Lines (NOL), six months before it is scheduled to make good its…
CMA CGM Upgrades FAL 1 Service, New Direct EB Call at Shanghai
CMA CGM has announced that a new direct EB call at Shanghai, the first container port in the world, is to be introduced on the rotation of its FAL 1 service ex-North Europe.
Piracy Surges in South East Asia
The surge of piracy in South-East Asia waters continues as ships passing the Straits of Malacca and Singapore are falling victim to acts of piracy, says Clyde & Co.
Oceans Beyond Piracy Lists 3 Priority Areas
Oceans Beyond Piracy (OBP) remains committed to three priority areas that will guide our efforts in the coming year, says a press release from the company. First…
U.S. Questions Chinese Submarines on Anti-Piracy Missions
U.S. Pacific Fleet Commander, Admiral Scott Swift questioned the motive behind China deploying submarines for anti-piracy operations in the Indian Ocean, reports PTI.
Tanker Rates to Remain Under Pressure
The reduction in the new 2016 Worldscale flat rates of Very Large Crude Carriers (VLCC) has led to spot rates increasing as owners look for equivalent 2015 returns…
U.S. Video Shows Iranian Rockets near American Warships
The U.S. Navy released black-and-white video on Saturday it said was taken by an American helicopter showing an Iranian Revolutionary Guards vessel firing unguided rockets on Dec.
Several Migrants Die in Sea off Somalia
Dozens of Ethiopian and Somali migrants died in the waters off the breakaway Somalia region of Somaliland when their vessel failed mechanically in the course of the voyage and drifted in the sea…
Blast kills two Pakistani Coast Guards
Two Pakistani coast guards were killed on Saturday when a bomb exploded under their vehicle, police officials said, in a town in the southwest which has been hit hard by years of separatist violence.
Western Rivers High Water Closures, Restrictions - Update
The Coast Guard has issued a number of river closures, restrictions and advisories in response to floods in the midwest. To keep the public and professional mariners…
General Dynamics Bags Replacement Submarine Award
The U.S Navy has awarded General Dynamics Electric Boat an $89.8 million contract modification to continue development of the Common Missile Compartment for the U.S.
CBP Air, Marine Operations Aircrews Detect 56 Migrants near Florida
So far in 2016, U.S. Customs and Border Protection (CBP), Air and Marine Operations (AMO) aircrews have detected six rustics (homemade boats) on the Florida Straits…
Transhipment NSC Ports Down 1%
The seaports in the North Sea Canal Area, which includes the ports of Amsterdam, IJmuiden, Beverwijk and Zaanstad, saw transhipment decrease in 2015 for the first time in years.
USCG Warns of Unsafe Ice
The Coast Guard is urging people to use extreme caution when venturing onto the ice across Lake Superior, St. Marys River, and the northern parts of lakes Michigan…
Diana Shipping Signs US$75.7 mln Term Loan Facility
Diana Shipping Inc. announced that yesterday it signed, through three separate wholly-owned subsidiaries, a term loan facility for up to US$75,734,900 with The Export-Import Bank of China.
Pioneer Marine Acquires Eco-Design Vessel
Pioneer Marine Inc., today accepted delivery of a 38,419 DWT Green Dolphin eco-design handysize vessel, the M.V. Kite Bay. The new vessel, which was constructed at Yangzhou Guoyu Shipbuilding Co.…
Progress in Efforts to Address Sexual Assault - DoD
The Department of Defense today released its Annual Report on Sexual Harassment and Violence at the United States Military Service Academies (MSA) for academic program year (APY) 2014 - 2015.