New Obama Iran sanctions hit maritime companies

More maritime companies have fallen foul of U.S. efforts to shut down Iran’s nuclear program — including Israel’s Ofer Brothers Group. It is one of two companies on which sanctions are being

Indian seafarers protest pirate Asphalt Venture hostage-keeping

Indian seafarers marched in Mumbai yesterday to demand action against piracy. The march was organized by the National Union of Seafarers of India (NUSI), the Maritime Union of India as well as

Kirby invests $100 million in new tank barges

Kirby Corporation plansĀ  2011 capital spending of $220 to $230 million, including approximately $100 million for the construction of 40 new inland tank barges and three new inland towboats, and approximately $36

Navy League stresses need for strong merchant marine

A skilled Merchant Marine and strong U.S. shipbuilding industry are critical to America’s national and economic security declares the Navy League of the United States in its just-released 2011-12 Policy Statement.  The

Total Lubmarine develops cylinder oil to future proof ships against ECA woess

The combination of slow steaming and Emissions Control Areas is making the choice of marine lubricants more complex says Total Lubmarine. The North American Emissions Control Area (ECA), which will be effective

EU Navfor to release two pirate suspects

In another example of “catch and release,” EU Navfor is to release two pirate suspects to Somalia, beacuse of “insufficient evidence to secure a prosecution.” The two were grabbed on the afternoon

Conrad Industries books $75.2 million in new orders

Morgan City, La., headquartered shipbuilder Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) today announced its fourth quarter and twelve months 2010 results and the addition of $75.2 million in new business during

Iridium working on anti-piracy satphone solution

A key element of using a “citadel” to protect crews against pirates is to provide a reliable communication link that the crew can use from inside the fortified space to inform patrolling

Rederi AB TransAtlantic takes delivery of ice strengthened AHTS

Sweden’s Rederi AB Transatlantic  has received delivery of the ice strengthened AHTS Njord Viking from the Astilleros Zamakona S.A shipyard in Spain. The Njord Viking is the second newbuild in a series

Ulstein to build two PSV’s on spec

Norway’s Ulstein Verft has been contracted to build two Ulstein PX121 medium size platform supply vessels for a newly established company within the Ulstein Group. They will be delivered in first and

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