Business Briefs
Hvide Marine Incorporated (HMI) and subsidiary Sun State Marine Services, Inc., recently christened the first in a series of new cargo ships at its U.S. shipyard facility in Green Cove Springs…
AWO Members Win Benkert Award
The USCG has honored AWO members Crowley Marine Services, Inc. and Southern Towing Company with the William M. Benkert Award for excellence in marine environmental protection.
Contracts
Hornbeck Offshore Services, Inc., a wholly owned subsidiary Hornbeck-Leevac Marine Services, Inc., has begun a new vessel construction program to significantly increase the size of its seven-vessel…
Cargill To Deliver Low Sulfur Cargo
Cargill Inc. is in the process of shipping the first low-sulfur gas oil or diesel cargo from Southeast Asia to Europe. Traders said the company had chartered a tanker called the Young Lady…
BP Marine, Unitor Form Marine Alliance
UK-based BP Marine and Unitor ASA of Norway will form a marketing alliance to offer their combined range of products to ship operators on a global basis and, as a next step…
Network For Independent Transportation Companies Formed
International Freight & Logistics Network Inc, a new network of independent international transportation companies, has recently been established. The organization…
Introducing ‘Lo-Jack’ For Ships
A successful anti-piracy tracking system supported by ICC's International Maritime Bureau (IMB) now has a dedicated website that demonstrates how ship owners can…
Are Tanker Rates Too High?
Tanker rates have continued to rise against all expectations into the summer months, doubling the cost of transporting oil this year, but a lull is expected. By…
Are Tankers Setting A Course For Stability?
To characterize as stable the business of carrying oil aboard tankers of any size or route would be foolhardy at best. But as curious as the market's undulations may appear to those on the outside…
Four Shipping Companies Upgraded By ING
It looks as though the notoriously cyclical shipping sector is heading back up the mountain, as last week one of the world's prestigious financial firms stamped…
Oslo Sees Comeback For Maritime Stocks
The All Share Index in Oslo was up 3.8 percent in May, and shipping and offshore stocks were leading the way as the Shipping Index surged 13.9 percent during the month.
Oslo Sees Comeback For Maritime Stocks
The All Share Index in Oslo was up 3.8 percent in May, and shipping and offshore stocks were leading the way as the Shipping Index surged 13.9 percent during the month.
Oslo Sees Comeback For Maritime Stocks
The All Share Index in Oslo was up 3.8 percent in May, and shipping and offshore stocks were leading the way as the Shipping Index surged 13.9 percent during the month.
Congressional Maritime Legislative Initiatives In 2000
The year 2000 has enjoyed special significance as a transition year bridging two centuries. Similarly it has significance with U.S. lawmakers for the Second Session of the 106th Congress.
Effectively Assessing Your Risks
One of the greatest challenges facing a lender in the maritime industry is appropriate assessment of risk. In this exciting, varied and vibrant industry, a lender's…
Effectively Assessing Your Risks
One of the greatest challenges facing a lender in the maritime industry is appropriate assessment of risk. In this exciting, varied and vibrant industry, a lender's…
Resilient Dutch Network
As a bastion of ship production in the under 10,000-dwt-vessel range, the industry in the northern Netherlands continues to demonstrate true global competitiveness in its chosen fields of endeavor.
Offshore Climbing Higher In Oslo
Shipping and offshore shares performed well in March with an increase in the Shipping Index of 2.3 percent. The Oslo market as a whole fell 2.2 percent, much due…
E-Utopia (Editor's Note)
Analysts, pundits, skeptics and just about anyone with a two-bit opinion have voiced their thoughts — informed and otherwise — as to the potential effects that the…
MarAd Names Council Members
The initial members of the Marine Transportation System National Advisory Council (MTSNAC) established to advise the U.S. Secretary of Transportation were announced by U.S.