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IMO Commemorates World Maritime Day
Today marks the 29th celebration of World Maritime Day, the annual occasion when the International Maritime Organization (IMO) leads the world in honouring shipping.
Mercy Ships Salutes Volunteer Maritime Personnel
As the shipping world comes together this week to commemorate World Maritime Day and the vital role played by shipping in world trade and development, Mercy Ships…
Diana Shipping Takes on Carrier Contracts
Diana Shipping Inc. assumed shipbuilding contracts from two unnamed parties for construction of two Capesize dry bulk carriers for $120.8 million. The carriers, priced at $60.4 million each…
LCL Expands into Egypt
Lauritzen Cool Logistics (LCL) the logistics subsidiary of reefer vessel owner and operator NYKLauritzenCool, provides customized multi-modal and multi-destination…
Bourbon Reports Increased Operating Income
Gross Operating Income totaled $146.2m or 115.1 million euros, up 12.7% in the first half of 2006. Division was impacted by lower cargo rates. Operating income rose…
Report: Attack on ECO Supply Ship Kills One
A Nigerian oil worker was killed and another injured on Tuesday in an armed attack on a supply ship operated by a U Edison Chouest Offshore, Reuters reported. "Armed…
Nigerian Oil Loadings Normal
Oil tankers loaded crude normally from Nigerian export terminals on Wednesday morning, the first day of a three-day strike by oil unions to protest about violence against oil workers…
Ships to Hold Ballast Water by Law
iAfrica reported that South Africa will ratify an international maritime convention aimed at stopping ships illegally discharging their ballast water while in local waters.
Daewoo Shipbuilding Wins $1.27B Angola Order
Daewoo Shipbuilding & Marine Engineering Co.won an order worth $1.27b to build an oil drilling and production platform for an Angolan unit of energy giant Chevron Corp.
Hapag-Lloyd Launch of Africa Service
Hapag-Lloyd is starting its new weekly service from Europe to South Africa in October 2006. The relevant organization is already in place in South Africa. Hapag…
Cnooc Net Rises to Record on China Demand, Oil Prices
Cnooc Ltd., China's biggest offshore oil producer, said first-half profit rose 38 percent to a record because of soaring energy prices and demand in the world's fastest-growing major economy.
Jet Edge Appoints New International Sales Engineer
Jet Edge, Inc., a manufacturer of ultra-high pressure waterjet and abrasivejet systems for precision cutting, surface preparation and hydrodemolition, has appointed…
Russian Tanker Seized Off West Africa
Reports indicate that armed men have seized a Russian tanker off the West African coast and sailed it to Guinea. Russian officials say the men came on board and…
Bourbon Reports Strong Growth
“Increase business in the first half of 2006 was another successful step in the Bourbon growth plan", said Chairman and Chief Executive Officer Jacques de Chateauvieux.
Bourbon Sees Strong Growth
Bourbon’s first half revenues totaled $445m, up 14.6 percent compared with the same period in 2005. The Offshore Division, which is the beneficiary of the largest…
CapRock Expands
CapRock Communications expanded its international presence with a support center in Luanda, Angola based on an increase in the demand for satellite communications…
Kenya: $11M Security Boost For Ports
Security at Kenya’s ports is being upgraded at a cost of more than $11m. The World Bank-funded project includes the installation of an integrated security solution…
ITS to Upgrade Mediterranean –U.S. East Coast Service
Italia Marittima SpA (ITS) is set to upgrade its Mediterranean – U.S. East Coast (MUS) service in a two-stage process that will see larger and faster ships serving the trade.
SRD Completes Upgrade for De Beers Marine
Sonar Research and Development, or SRD, has completed an upgrade of systems used by De Beers Marine in their offshore diamond mining process. SRD’s latest SVS 3…
Evergreen, Hanjin Enter Slot-Charter Agreement
Evergreen Marine Corporation has entered into a slot-charter agreement with Hanjin Shipping Company on the trade lane between the East Coasts of North and South America and another encompassing Asia…