Russian Sub Rescue Update: Too Little, Too Late?
Indecision from Russia regarding help from foreign nations in aiding efforts to rescue an estimated 118 sailors trapped in a Nuclear submarine lying on the bottom of the Barents Sea evaporated today…
Tackling The Issues: ICCL Stands Its Ground
With its shining reputation besmirched in recent years with a list of transgressions, from illegal dumping to sexual assault, the cruise industry has been under the legislative microscope.
Guide Aimed At Improved Bunker Quality
Two experienced managers of the North of England P&I club, Richard Bracken and Mike Salthouse, have written a guide for shipowners ensuring that the world's merchant…
Global Mobilizes New Class 190 Liftboat in Gulf of Mexico
Global Industries Offshore increased its offshore construction support capabilities in June with the christening of the class 190 liftboat Swordfish. The vessel…
Caterpillar Offers Global Extended Service Coverage
Caterpillar's Engine Products Division has made available the option of extended service coverage (ESC) for Caterpillar engines and generator sets in the industrial…
ABS Signs MOU With the Military Sealift Command
American Bureau of Shipping has signed a Memorandum of Understanding (MOU) with Military Sealift Command (MSC) of the U.S. Navy. The document outlines and formalizes…
Horizon Offshore Granted Pipeline Construction Component
An alliance of which Horizon Offshore is a member has been granted a contract for the EPC 64 project from Pemex Exploracion y Produccion. The project's workscope…
ABS Books Deal With MSC
ABS has signed a Memorandum of Understanding (MOU) with the Military Sealift Command (MSC) of the U.S. Navy that, for the first time, documents their long standing relationship.
P&O Surges On Positive Report
Shares in Peninsular & Oriental Steam Navigation Co. surged five percent on Wednesday as a positive newspaper report on the shipping sector highlighted better prospects for the firm.
U.S. Crude Supplies Up Slightly
U.S. crude oil supplies rose mildly last week, according to data from the American Petroleum Institute. The Energy Information Administration reported U.S. crude…
Vela Awards Hyundai VLCC Contract
Vela International Marine, the shipping arm of Saudi Aramco, reportedly has awarded Hyundai Heavy Industries a contract to build four very large crude carriers (VLCCs).
Canada Takes Commercial Ship, Military Equipment
Armed Canadian sailors seized control of the U.S.-owned ship GTS Katie last week after a high-seas standoff in which hundreds of millions of dollars of Canadian…
Time, Air Is Running Out: Russian Sub Rescue Continues
Russia's navy said on Wednesday it had launched a new attempt to rescue 116 sailors trapped in a powerless nuclear submarine grounded on the bed of the Barents Sea since the weekend.
European Bunker Prices To Rise
Due to a new directive from the European Council that dictates the maximum amount of sulfur allowed in industrial fuels, the price of bunker prices will surely rise in Europe…
Moore Stephens strengthens Russian network
Shipping accountant Moore Stephens has appointed Gavin Stoddart as a partner in London, with special responsibility for developing the firm's Russian and Ukrainian business.
Tidewater CFO To Retire
Tidewater has noted that its executive vice president and CFO, Ken C. Tamblyn will retire on August 31. Following a 20-year career as a partner with the accounting firm KPMG…
First Attempts To Rescue Russian Sailors Fail
Rescuers mounted a desperate undersea mission on Tuesday to evacuate 116 sailors trapped in a stricken nuclear submarine on the sea floor before the oxygen ran out.
Tidewater CFO To Retire
Tidewater has noted that its executive vice president and CFO, Ken C. Tamblyn, will retire on August 31. Following a 20-year career as a partner with the accounting firm KPMG…
ShipServ Launches E-Commerce Site
ShipServ (www.shipserv.com) now provides an end-to-end web-based procurement applications supporting both ship managers and suppliers in the maritime industry. After…
Oscar-2 Submarine: An Aircraft Buster
The Russian nuclear-powered Kursk submarine, crippled by a technical fault and stuck on the bed of the Barents Sea, is an aircraft carrier buster capable of launching…
