Oil and oil related businesses, either individually or in combination, to be separated from A.P. Møller – Mærsk A/S. Maersk Oil will focus on optimizing and strengthening its strong position in the Danish, British and Norwegian parts of the North Sea. Reorganising A.P. Møller – Mærsk A/S into two separate divisions; Transport & Logistics and […]
In support of the Commission’s 2013 final rule concerning registration of foreign-based unlicensed Non-Vessel-Operating Common Carriers (NVOCCs), the Commission has developed an online filing system for the renewal of registrations. Any foreign-based NVOCC not licensed with the Federal Maritime Commission (FMC) must file a registration Form FMC-65 (Foreign-based Unlicensed NVOCC Registration/Renewal), before performing services in […]
SINGAPORE — Solid partnerships and reliable technologies are needed to realize bold goals and surmount herculean challenges. Recently, such a partnership was forged between GE (NYSE: GE) and Sembcorp Marine to realize one of the most challenging offshore projects in recent times—Heerema’s new Semi-Submersible Crane Vessel. Based on a recently signed deal between GE’s Marine […]
Hyundai Merchant Marine (HMM), FESCO and CMA CGM announced the launch of a new China-Korea-Russia weekly service, under the name ‘CRS (China Russia South Service).’ Prior to the launch, HMM has been jointly operating two services ‘KRS (Korea Russia Service)’ and ‘KR2 (Korea Russia Service 2)’ with FESCO. HMM merged the two joint loops and […]
CMA CGM S.A. (CMA CGM), a global leader in container shipping, today launched an all-cash voluntary conditional general offer (Offer) for all outstanding shares of Neptune Orient Lines Limited (NOL) other than those it already owns, controls or has agreed to acquire. This follows approvals by the relevant regulatory authorities in the European Union and […]
SEOUL, South Korea, – Lockheed Martin (NYSE: LMT) and Daewoo Shipbuilding & Marine Engineering (DSME) have signed a comprehensive teaming agreement to partner on the Multi-mission Combat Ship (MCS), which is based on a DSME hull design and intended for the corvette market. Both companies bring valuable experience and unique capabilities to the teaming arrangement. […]
Hyundai Merchant Marine (HMM), FESCO and CMA CGM announced the launch of a new China-Korea-Russia weekly service, under the name ‘CRS (China Russia South Service).’ Prior to the launch, HMM has been jointly operating two services ‘KRS (Korea Russia Service)’ and ‘KR2 (Korea Russia Service 2)’ with FESCO. HMM merged the two joint loops and […]
Chairman Fischer; Senator Booker; members of the committee—thank you for inviting me to join you today to provide the perspective of the Federal Maritime Commission on the state of U.S. maritime industry and related infrastructure. As you know, the Federal Maritime Commission is the independent agency charged with promoting the fair, efficient, and reliable transportation […]
A Filipino citizen and the captain of the tanker ship, T/V Green Sky, pleaded guilty today to one felony count in federal court in Charleston, South Carolina, for obstructing a U.S. Coast Guard investigation into pollution crimes aboard the vessel. Genaro Anciano, 52, who was the highest ranking officer aboard the ship, pleaded guilty to […]
WASHINGTON–The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced the availability of $4.9 million in Federal funding to support capital improvements and employee training at small U.S. shipyards. The grants, provided through the Small Shipyard Grant Program, will support efficiency improvements and modernizations that allow U.S. shipyards to compete more effectively in the global […]
