News


Fuel Cell Power Generation Systems Shipped Out by Ballard

Canada's Ballard Power Systems ships Initial 100 ElectraGen™ Systems for backup power in wireless telecom networks. The company's first 100 ElectraGenTM fuel cell power generation systems have been shipped to Cascadiant Inc.

Maritime Intelligence Agency Counsels Against Pirate Complacency

Dryad Maritime predicts that, despite industry optimism of 2012, the end of the South West monsoon season will see the resumption of pirate attacks. Pirate operatives have awoken from their hibernation

Dockers Fire Warning Shot Across Europe's Bows

Dockers meeting at the ITF Maritime Roundtable in Casablanca issue 'Port Package Three' warning. Leaders of dockers’ unions affiliated to the ETF (European Transport’ Workers’ Federation and the ITF

Ultrapetrol Regains Nasdaq Compliance

Transportation company Ultrapetrol (Bahamas) Ltd. regains compliance with the Nasdaq $1.00 per share minimum bid price requirement. Ultrapetrol is an industrial transportation company serving the marine transportation needs of its clients in the markets on which it focuses.

US Navy Contract for National Steel & Shipbuilding

National Steel and Shipbuilding Co., San Diego, Calif., awarded a US$107,994,835 contract for work on 'USS Essex' dry docking maintenance program. The new contract is a modification to previously awarded

China-built Supramax Delivered to Ugland

'MV Star Norita', a 58,000 dwt supramax bulk carrier named and delivered from Tsuneishi (Zhoushan) Shipbuilding Inc., China. The vessel is a sister of the recently delivered Isabelita, Bonita and Kristinita of the TESS 58 design.

DNV to Class World's First LNG FPSO

DNV has been contracted to class the Petronas LNG FPSO (Floating Production, Storage, Offtake) vessel to be built by Korea's DSME. The unit will be built by DSME in Korea and is destined for the Kanowit field offshore Sarawak, Malaysia.

Harvey Gulf Buys 9 Bee Mar OSV's & to Stretch 5

Harvey Gulf International Marine closes its asset purchase purchase deal with Bee Mar LLC. The purchase price for the all-cash sale of Bee Mar's nine Offshore Supply Vessels was US$243-million. Harvey

Maritime Trends: 2020 & Beyond

If hindsight is 20/20, then one might assume that predicting future market trends to the year 2020 is a severely myopic endeavor. As most in the maritime industry can attest, the clarity of future regulations is often only crystallized by the most recent disaster and resultant rules.

Going Green for the Green

Fuel cost is the primary driver of today’s push to go “green.” While the side benefits extend much further, industry nevertheless moves ahead with extreme caution.   Shipping lines trying to stay a

First Person: Whales & ROVs in Patagonia

Several years ago I found myself on a tourist boat that carries out whale watching tours in Península de Valdés, Patagonia, Argentina. This location became famous over the last 30 years, due to the massive

WISTA Conference Focuses on Shipping’s Challenges

Women’s Sea Congress Looks at the Future The Women’s International Shipping and Trading Association (WISTA) conference program scheduled to be held in Paris October 3-5 will focus on issues facing shipping today.