Warburg Pincus and Vestar Capital Partners have reached an agreement to acquire joint control of Triton Container International from Pritzker Family business interests.
Australia: Clean Seas Tuna has become the first company to successfully transfer a batch of Southern Bluefin Tuna fingerlings from onshore nursery tanks to a sea cage for controlled grow-out trials. Some 90 fingerlings, now ranging in length from eight to ten centimetres, and weighing up to 15 grams
Scottish fishermen have expressed their anger at the decision by the Faroe Islands to unilaterally set itself a massively increased quota for mackerel this year of 150,000 tonnes. The move follows the breakdown of talks in Oslo last week in which the Faroes and Iceland refused to accept a compromise
Frank Larkin has rejoined Crowley Maritime Corporation as vice president of sales and customer care for the company’s liner services and logistics groups. He is domiciled in Jacksonville and reports to Steve Collar, senior vice president and general manager, logistics; John Hourihan, senior vice pre
EMA BlueTraker® VMS to be Installed on More Than 200 Ships CELJE, SLOVENIA – March 08, 2011 – (Marine NewsWire) EMA Group (EMA) today announced that the Albanian government has awarded the company a contract to implement Iridium-based Vessel Monitoring Systems (VMS) for the country’s commercial fish
Heesen Yachts and Nakhimov launch YN 14955, MY Quinta Essentia – a 55 metre semi-displacement, custom built – the largest yacht ever to be launched by this Dutch shipyard. Heesen Yachts is proud to announce that the first yacht in its 55 metre semi-displacement series was launched at the shipyard in
17 MARCH, 2011, OSLO, NORWAY: OceanSaver today announced plans to launch revolutionary next generation ballast water management technology. The Mark II technology realises OceanSaver’s strategy to roll out its high-end technology to different sized vessels OceanSaver’s Mark II ballast water treatmen
Shipping giant OOCL saw a billion-dollar turnaround last year, sailing out of the red to produce a profit of US$841.6 million, following a loss of $376.9 million in 2009.
Icy conditions in the Baltic region continue to affect ocean freight services to the Russian port of St Petersburg and have caused shipping lines to increase their congestion surcharges.
President Barack Obama’s budget for 2011-2012 has no money set aside for dredging five of the state’s shallow-draft inlets, including… BY EREN TATARAGASI (topsailvoice) [mappress] Source: topsailvoice, March 17, 2011
Thome Ship Management, one of the world’s leading independent international ship managers, has chosen MarineLink eCommerce provided by EDB ErgoGroup as the sole eCommerce provider for its purchasing operations.
Azerbaijan and Turkey are to sign a contract on the transport of natural gas and purchase and sale of gas from Shah Deniz 2… (news.az) [mappress] Source: news.az, March 17, 2011;
Great Lakes shipping companies say their industry would be hit hard by an Obama administration proposal to cut funding by… (madison) [mappress] Source: madison, March 17, 2011
Over time, Lions Lake has filled with sediment causing the water depth to become extremely shallow. By ELLEN BECKER (digitalburg) [mappress] Source: digitalburg, March 17, 2011