American Feeder Lines to start first service
American Feeder Lines, which says its vision and mission is the “realization of America’s Marine Highways,” says it will start operations in the second quarter of 2011. Last year the company hired
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Maersk reports $5 billion profit
The A.P. Moller – Maersk Group last week reported a profit of $5 billion for 2010. It said the main factors were increased container rates and volumes, reduced costs per unit and
China’s biggest offshore construction yard expects to post loss
The Board of CIMC Raffles Offshore (Singapore) Limited said Friday that it expects to report a loss for the financial year ended December 31, 2010. CIMC Raffles Offshore, now a subsidiary of
Port of LA plugs in three cruise lines to shoreside power
The Port of Los Angeles this month became the first port worldwide to provide Alternative Maritime Power (AMP) to three separate cruise lines. In recent weeks, ships from Disney Cruise Line, Princess
Chuck Raymond steps down as Horizon Lines cops plea in price fixing case
Charles G. “Chuck” Raymond is stepping down as Chairman, President and Chief Executive Officer of U.S.-flag containership operator Horizon Lines, Inc. (NYSE:HRZ), while Executive Vice President and Chief Operating Officer John V.
Maritime Cabotage Task Force now American Maritime Partnership
American Maritime Partnership (AMP) is the new name for the Maritime Cabotage Task Force. It says that the new name “better reflects the coalition’s focus on the domestic maritime industry’s role in
Maersk Alabama pirate sentenced to 405 months in prison
Maersk Alabama pirate Abduwali Muse has been sentenced to 405 months in prison for his role in the April 2009 hijacking and hostage taking and in the earlier hijackings of two other
ABS to form software JV with Herbert Engineering Corporation
Classification society ABS and naval architectural firm Herbert Engineering Corp. (HEC) have agreed to form a joint venture company, Herbert-ABS Software Solutions, LLC (Herbert-ABS). Herbert-ABS will offer loading and salvage analysis
Indian Navy seizes mother ship, captures 28 pirate suspects
The Indian Navy and the Coast Guard have had their second major success against Somali pirates within days. In the early hours of February 6, 28 pirates were forced to surrender about
Gibdock repairs collision-damaged cargo ship
A collision involving the three-year-old multipurpose general cargo/container vessel Ems, owned by Werse Schiffahrts of Muenster, Germany, recently brought a new customer to Gibdock, the Gibraltar-based ship repair yard. The 94 m