“ProteOMZ” Surfaces Findings in Low Oxygen Ocean Waters
Dr. Mak Saito from Woods Hole Oceanographic Institution, along with his research team have just returned from a 22 day expedition, called “ProteOMZ”, aboard Schmidt…
Teekay Tankers Misses 4Q Profit forecasts
Teekay Tankers Ltd. reported adjusted net income attributable to its shareholders of $48.5 million, or $0.31 per share, for the quarter ended December 31, 2015, compared to $18.6 million…
Charleston Port Joins USDA Cold Treatment Program
Crowley Maritime Corp.’s Miami-based subsidiary specializing in Customs clearance of imported perishable apparel and refrigerated products, said it could begin clearing…
China Marine Giant COSCOCS Strategizes Business
China COSCO Shipping Corp Ltd (COSCOCS), a new company formed by the restructuring of China's top two shipping firms, was officially established on Thursday (February 18).
Bahamas Pushes Martitime Activities
Bahamas' Prime Minister Christie has met with Global Shipping Giant Mediterranean Shipping Company (MSC), in Geneva. Principal and founder of MSC, Gianluigi Aponte…
US, Australia and EU Warn China on South China Sea
China was warned by many the United States and the European Union that it should respect a ruling later this year on its dispute with the Philippines over territory in the South China Sea…
Shippers Avoid Panama and Suez Canals Due to Charges
Container lines are adopting alternative routes to the Panama and Suez Canals to avoid charges say the Copenhagen-based SeaIntel Maritime Analysis. SeaIntel state…
Top Experts in Advisory PortXL
The advisory committee is, together with the board of trustees, the strategic advisory body of the PortXL accelerator program. PortXL is a mentorship driven open…
Bidding for Davao Port Project Moved to March
The Department of Transportation and Communications (DOTC) has moved the bid submission for the Davao Sasa Port Modernization public-private partnership (PPP) project to March 28 from Feb.
ABG Shipyard Stake for Sale
The cash-strapped Indian shipbuilder ABG Shipyard will likely close the deal for a 51 per cent stake sale by the end of this financial year, its managing director and CEO Syed Abdi said.
Sanmar Celebrates 40 Years
Tugboat builder and operator Sanmar Denizcilik is celebrating its 40th Anniversary this year. More than 150 tugboats benefiting from its wealth of experience are presently in operation on international seas, the company says. It was in the year 1976 that Orhan Gürün, today’s company chairman, together with his dear friend, the late Gökçen Seven, incorporated Sanmar Denizcilik. Now celebrating its 40th Anniversary…
Mega Containership to Receive US Inauguration
The largest containership ever to dock at a North American seaport has returned to Southern California. The Benjamin Franklin will officially enter service for the first time on Friday in Long Beach following an inauguration ceremony hosted by French shipping line CMA CGM and attended by elected leaders, port officials and industry executives. The CMA CGM Benjamin Franklin, which has a container capacity of 18…
Kidde Fire Systems Introduces New Monitors
Kidde Fire Systems launched a new control head monitor (CHM) for electric actuators and solenoid monitors for directional valves. The new CHM is fully compliant with the National Fire Protection Association (NFPA) 2001-2012 Standard on Clean Agent Fire Extinguishing Systems and is designed for simple installation on existing Kidde systems. According to the company, electric actuators are commonly…
This Day In Naval History - February 18
1846 - Secretary of the Navy George Bancroft issues the General Order to change Larboard to Port for identification of the left side of a sailing vessel. 1865 - In order for CSS Charleston, CSS Chicora, and CSS Palmetto State not to be captured by Rear Adm. John A. Dahlgren's squadron during the evacuation of Charleston, S.C., Confederate Capt. John R. Tucker, orders the ships be set afire and blown up.
Asian Nations Eye Stronger Maritime Surveillance Capabilities
The market for spy planes and surveillance platforms is buoyant in Southeast Asia, where countries are facing off against China – and each other - in the resource-rich South China Sea…
Fitch Downgrades Shell, Citing Asset Sales Concerns
Credit rating agency Fitch on Thursday downgraded Royal Dutch Shell following its acquisition of BG Group, citing risks to its asset sales goals to finance the $53 billion deal. Fitch downgraded Shell's Long-term Issuer Default Rating to 'AA-' from 'AA' and put it on negative outlook. Rival rating agency Standard and Poors announced a similar downgrade earlier this month, warning of a further possible lowering. Shell completed on Feb.
Seaspan Backs UBC Naval Architecture Research
The University of British Columbia announced it will receive a $2 million investment from Seaspan Shipyards (Seaspan) over the next seven years to support innovative…
SENER Signs a Contract with ASC for FORAN
The SENER engineering and technology Group has signed a contract with Australian shipbuilder ASC for the implementation of the shipbuilding CAD/CAM System FORAN, developed by SENER, to be used as the software tool in the stability calculations supporting the construction of the Air Warfare Destroyers (AWD) conducted by the Air Warfare Destroyer Alliance. The execution of this contract began with an initial training in the Naval Architecture Module of FORAN…
Diversification Protects Port Metro Vancouver from Economic Downturn
Port Metro Vancouver today released its 2015 year-end statistics. Overall volume remained steady at 138 million tonnes of cargo as sectors experiencing declines…
Vedder Price Helps to Save the 'Big U'
Last October, America's Flagship, the SS United States, was on the brink of being sold for scrap metal because the SS United States Conservancy, the national nonprofit historic preservation organization that owns the iconic vessel, was running short on funds to cover the ship's expenses. However, thanks to the pro bono counsel from Vedder Price shareholder, Francis X. Nolan III, and other firms and individuals, the iconic ocean liner has been given a second life.
