Obsolete US Ship Recycling Target Surpassed

U.S. Transportation Secretary visits Suisun Bay in Northern California to celebrate surpassing administration's goal for recycling. Ray LaHood, US Transportation Secretary visited Shuisun Bay for the occasion. In 2010…

People & Company News

Costa Concordia Court to Decide Who Should be Tried

An Italian court begins hearings to determine who could stand trial as responsible for the cruise ship disaster. Hundreds of lawyers, scientific experts and survivors from the Costa Concordia tragedy in January are…

Legal

Suezmax Tankship Demand Boosted

Before the EU adopted sanctions on Iran in July this year, Suezmax super tankers were in dire straits. Previously there were too many tankships in operation and not enough demand for transport through the Suez Canal on…

Contracts

New Team at InterManager Takes Over

InterManager appoints Gerardo Borromeo president, joined by four new vice-presidents. InterManager, is an international trade association for in-house and third party ship managers presently has a membership of 91 – both…

People & Company News

Cargo Ship Aground in St Lawrence Seaway

The upbound freighter 'Sedna Desgagnes' aground near Johnstown Bridge off Prescott, Ontario. The casualty is completely out of the channel and appears to be in a shoal area with 6 m of water or less. The ship is hard…

People & Company News

Wärtsilä X72 Engines Selected for Six Vessels

Wärtsilä, a marine industry's solutions and services provider, is to supply its recently introduced Wärtsilä X72 licensed engines to power six new vessels for two Singapore based shipping companies. Wärtsilä equipment…

Marine Propulsion

Bleak Outlook for Asia-Europe Ocean Container Sector

Maersk Line cuts further capacity on the Asia-Europe trade on low demand, cuts AE5 service permanently & suspends the AE9 service. “We do not expect volume growth on the Asia-Europe trades this year so there is currently…

People & Company News

Ship Operators Climb Aboard Higher Dry-bulk Rates

Charter rates for capesizes have risen 50 percent from lows in mid-September. Rates have risen because of increasing demand as well as customers having to pay more to persuade shipowners to take their vessels out of…

Contracts

MTU Introduce Mobile Rig Power Module

Tognum to showcase Mobile Rig Power Module powered by MTU series 1300 engine at Permian Basin International Oil Show (PBIOS) in Odessa, Texas. The Series 1300 offers the same legendary high standards of reliability and…

People & Company News

UK Marine Safety Agency Releases Digest 2012

The Annual Digest of the Marine Accident Investigation Branch (MAIB) informs of lessons learned from recent accident & incident investigations. MAIB examines and investigates all types of marine accidents to or on board…

Legal