The U.S. Department of Transportation’s FY 2012 budget request includes just $358 million for all U.S. Maritime Administration activities. However, the request for Marad’s Operations and Training is $162 million, an increase
The International Chamber of Shipping (ICS) has changed its position on providing armed security guards to protect merchant ships against pirates. The ICS Executive Committee, representing national shipowners’ associations from over 30
Maersk Drilling has signed a contract with Keppel FELS Ltd in Singapore for the construction of two ultra harsh environment, high capacity jack-up drilling rigs. The first rig is scheduled for delivery
A Safety Alert (Alert 02-11) issued by the U.S. Coast Guard addresses safety issues relating to air receivers on Uninspected Towing Vessels (UTV), but may apply to air receivers on any vessel.
BOEMRE Director Michael R. Bromwich may face a tough time in getting House Republicans to just give him the $358.4 million the Obama is seeking for his agency as part of the
Secretary of Defense Robert Gates today unveiled the president’s fiscal year 2012 budget request for the Department of Defense. It includes a base budget request of $553 billion, and an overseas contingency
ABS President and Chief Operating Officer Christopher J. Wiernicki will assume the duties of Chief Executive Officer of ABS following the classification society’s annual meeting in April 2011. Robert D. Somerville, currently
The Department of Homeland Security has released some initial details of its FY 2012 budget It seeks. among other things. to push ahead with recapitalization of the Coast Guard and to fund
Eu Navfor says that the 52,466 dwt bulk carrier MV Sinin is believed to have been hijacked approximately 350 nautical miles East of Masirah (Oman) in the North Arabian Sea. According to
Rand Logistics, Inc. (Nasdaq:RLOG) reports that it has acquired two Jones Act compliant, self-unloading integrated tug/barge units from KK Integrated Shipping (KKIS). The acquisition was structured with $35.5 million cash paid at
