Breaking News

October 07, 2015
Three more indicted in car carrier price fixing conspiracy
OCTOBER 7, 2015 —Three former ocean freight executives have been indicted for participating in a long-running price-fixing conspiracy. The three – Yoshiyuki Aoki, Masahiro Kato and Shunichi Kusunose – have been charged with allocating...
October 07, 2015
FMC Commissioner Doyle's statement on El Faro disappearance
OCTOBER 7, 2015—Federal Maritime Commission Commissioner William P. Doyle, a former mariner himself, issued the following statement this morning on the disappearance of the Tote Maritime ship El Faro in Hurricane Joaquin on October 1.The ship...
October 07, 2015
Sulfur in Danish air halved since ship fuel limits imposed
OCTOBER 7, 2015 —The amount of hazardous sulfur in the air above Denmark has been reduced by more than half since the introduction in the new year of international regulations requiring ships sailing in the North and Baltic seas to use low...
October 06, 2015
Report projects OSV demand will grow 75% by end of 2020
OCTOBER 6, 2015—A new report from Mordor Intelligence projects that the offshore support vessel market will grow from $39.4 billion in 2014 to $69.34 billion by the end of 2020 at a Compound Annual Rate Rate (CAGR) of 9.88 percent. That’s...
October 06, 2015
NTSB launches go team to investigate El Faro loss
OCTOBER 6, 2015 —The National Transportation Safety Board is launching a go-team to Jacksonville, Fla., to begin an investigation into the loss of the TOTE Maritime U.S.-flag cargo ship El Faro, which was last heard from on October...
October 06, 2015
DOJ reaches settlement with BP in Deepwater Horizon spill
OCTOBER 6, 2015—In what is the largest settlement with a single entity in U.S. history, U.S. Attorney General Loretta E. Lynch announced that the Department of Justice had secured a settlement of more than $20 billion against BP to resolve...
October 06, 2015
New Eco-Ships launched at Hyundai Vinashin for d'Amico
OCTOBER 6, 2015—To remain competitive and comply with impending regulations, shipping companies worldwide are adding new energy-efficient, fuel-sipping Eco-Ships. One of these is Italy’s d’Amico International Shipping S.A, which recently...
October 05, 2015
NNS switches its steam plant from HFO to gas
OCTOBER 5, 2015 — Huntington Ingalls Industries (NYSE:HII) reports that its Newport News Shipbuilding division has completed conversion of its steam-generation plant from heavy fuel oil to natural gas, to improve safety and lower operating...
October 05, 2015
Crowley gets $130 million MSC contract
OCTOBER 5, 2015—The government services group of Crowley Maritime has been awarded a contract worth about $130 million for the technical management of five U.S. government-owned, Military Sealift Command (MSC) Roll-On/Roll-Off and container...
October 05, 2015
Bio-UV supplies skid mounted BWTS for French Navy vessels
OCTOBER 5, 2015 — French ballast water treatment system (BWTS) manufacturer Bio-UV has just supplied the Piriou Groups Concarneau shipyard with the first skid-mounted versions of its Bio-Sea 100 BWTS. They will be installed in the three B2M...