Grand Bahama Shipyard Floating Dock Departs Cascade General
Grand Bahama Shipyard's Floating Dock No. two, known as the form Portland Floating Dock No. four, left the Cascade General Portland Shipyard in Oregon on Friday…
BAE and Vosper Thornycroft To Divvy Up 45-Ship Order
The British government said on Tuesday it would split a new order for Type 45 destroyers for the Royal Navy between BAE Systems and Vosper Thornycroft. But BAE,…
NKK, Kawasaki Tap Top Investment Banks To Negotiate Merger
In order to help negotiate its pending merger with Kawasaki Steel Corp., NKK Corp., has called upon Goldman Sachs Group Inc., while Kawasaki has reportedly hired…
Economic Slowdown Contributes To NOL's Downgrade
GK Goh Securities has downgraded Neptune Orient Lines (NOL), the world's sixth largest container shipper, to hold from buy due to the economic slowdown that is expected…
MAAG to Supply Gearboxes for IZAR-Built Norwegian Naval Vessels
Danish engineering group FLS Industries on Tuesday said its Swiss-based MAAG unit won a 120 million crown ($13.8 million) order to supply gearbox systems to a Spanish shipbuilding group.
India's Coastguard Saves Abandoned Cargo Ship Crew
India's coastguard rescued 30 crewmen who abandoned a Vietnamese cargo ship carrying 13,200 tons of potash fertilizer on Tuesday after it began sinking off the east coast of India…
$35.4 Million Dredging Contract Will Provide Post Panamax Access at Dubai Port
Dubai's Jebel Ali port has awarded a 130 million dirhams ($35.4 million) contract to Belgium-based Dredging International to make the port accessible to "Post Panamax" super-container vessels…