Fair Trade Commission Approves Blohm+Voss Acquisition

The German Fair Trade Commission has approved the acquisition of Hamburg shipyard Blohm+Voss GmbH by the Bremen-based, family-owned company Luerssen Maritime Beteiligungen GmbH & Co. KG, a specialty designer, manufacturer and repairer of yachts over 60 meters and military ships., Fair Trade Commission Approves Blohm+Voss Acquisition,

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Tanker Crewman Medevaced off Galveston

A tanker crewman was medevaced Monday afternoon, after reports of suffering from a hernia about 15 miles off Galveston, Texas in the Fairway Anchorage. The master of the 600-foot, Marshall Islands flagged tanker Agena contacted U.S. Coast Guard…, Tanker Crewman Medevaced off Galveston,

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GE to Merge Oil & Gas Unit with Baker Hughes

General Electric Co said on Monday it would merge its oil and gas business with Baker Hughes Inc, creating the world’s second-largest oilfield services provider as competition heats up to supply more-efficient products and services to the energy industry after several years of low crude prices., GE to Merge Oil & Gas Unit with Baker Hughes,

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Ship Operating Costs Set to Rise -Survey

Vessel operating costs are expected to rise in both 2016 and 2017, according to the latest survey by international accountant and shipping consultant Moore Stephens. Repairs and maintenance and spares are the cost categories which are likely to increase most significantly in each of the two years., Ship Operating Costs Set to Rise -Survey,

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ICS Applauds IMO Roadmap for Enissions Reduction

The International Chamber of Shipping (ICS) has applauded the agreement, last Friday, by the IMO Marine Environment Protection Committee (MEPC) to develop a comprehensive Roadmap for addressing CO2 emissions from international shipping – with…, ICS Applauds IMO Roadmap for Enissions Reduction,

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China Gobbles up Angolan Oil in Rush to Year End

China’s loadings of West African crude are set to hit their highest in more than two years in November as the nation’s refineries race to stock up and offset falling domestic oil production, according to a Reuters survey of shipping fixtures and traders., China Gobbles up Angolan Oil in Rush to Year End,

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US Coast Guard Reports Record Year in Counterdrug Ops

The U.S. Coast Guard marked the end of a record year in counterdrug operations as the crew of Cutter Waesche from Alameda, California, offloaded more than 39,000 pounds of cocaine in San Diego Thursday, October 27. The Coast Guard and its interagency partners removed more than 416…, US Coast Guard Reports Record Year in Counterdrug Ops,

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