Canadian Coast Guard Gets More Funding
The Canadian Press has reported that the federal Canadian government has approved an additional $45m for the Canadian Coast Guard this year, in an effort tokeep…
Blount Boats to Construct Ferry for PIADC
Blount Boats, Inc. shipyard at Warren, RI has contracted with the Plum Island Animal Disease Center (PIADC) of the United States Department of Homeland Security…
Law Firm Warns on Shipbuilding Contracts
London law firm Lawrence Graham LLP says owners contracting for new ships should be extra careful about communication with the yard to ensure that they do actually get the ship they want…
Vinashin Wins $4.5b Contracts in Six-Month Period
The Vietnam Shipbuilding Industry Corporation (Vinashin) signed shipbuilding contracts with foreign partners, including those from Japan, Germany and Israel, worth…
Omega Navigation Announces Delivery Tankers
Omega Navigation Enterprises, Inc., a provider of global marine transportation services announced that it has taken delivery of two product tankers, the Iasonas…
B&H Ocean Acquires Product Tanker
B&H Ocean Carriers Ltd., said it acquired a Panamax product tanker. Financial terms were undisclosed. The double-sided vessel was built in 1998 and has a capacity of 61,000 deadweight tons.
MC Shipping to Buy 2 LP Gas Tankers
MC Shipping Inc., said it plans to buy a pair of semi-refridgerated liquefied petroleum gas tankers from Germany's Bernhard Schulte Group. The company did not disclose the cost of the ships…
Pirates Attack off Indonesia
Reuters has reported that pirates have attacked three ships, including two U.N.-chartered vessels and a Japanese bulk carrier, in Indonesian waters around the Malacca Strait in recent days…
Bollinger to Add Jobs for $198m Navy Project
According to reports, U.S. Navy awarded a Lockheed Martin-led team nearly $198m for construction of the Navy’s third Littoral Combat Ship. This is the second LCS awarded to the Lockheed Martin team.
Rolls-Royce Sells Tugs to Esnaad
Rolls-Royce group has sold two UT780 tugboats to the UAE’s Esnaad, a unit of the Abu Dhabi National Oil Company. The boats, which will be able to operate in warm seas…
Investors Cool on Adsteam Bid
Institutional shareholders of tugboat company Adsteam Marine remained mixed about the recommended $700m all-cash takeover offer from Danish shipping giant AP Moller-Maersk.
Santos Strikes Oil
According to reports, the Australian oil exploration company Santos announced an oil and gas discovery at the Dua-4X exploration well currently being drilled in exploration Block 12E…
Moular Barge Mounted Coal to Liquids Facility
Waller Marine, Inc. of Houston has been selected as part of the Project Team for the initial Feasibility Study of the $5b Geismer, La., Clean Coal to Liquid Fuels Project…
Rain Helps Clean Up Efforts
Rains delayed clean up crews working in the Calcasieu Ship Channel. Although clean up crews were temporarily forced out of the water by the rainfall and safety concerns…
Collision with Breakaway Barges
In an unpublished case, the US Court of Appeals for the Fifth Circuit ruled that a marine terminal on the Mississippi River is liable for damage to a ship caused…
FERC Issues Notice on Calhoun LNG Project
The Federal Energy Regulatory Commission (FERC) issued a Notice stating that a draft environmental impact statement has been prepared for the Calhoun LNG project.
Eagle Bulk Takes Supramax Vessel
Eagle Bulk Shipping Inc. the Supramax segment of the dry bulk shipping industry, has taken delivery of the Tern, a 2003 built 50,209 dwt Supramax dry bulk vessel. announced on June 23.
Ship Finance Buys Oil Drill, Tanker
The AP has reported that Ship Finance International Ltd., which operates a fleet of about 50 crude oil tankers, said it bought a 2006 jack-up drilling rig for $210m…
Brandal Takes Over as CEO of Aker Kvaerner
Martinus Brandal, former Executive Vice President of Aker ASA assumes the role of president and CEO of Aker Kvaerner, succeeding Inge K. Hansen. Hansen joins Aker…
Fast Ferry Study Enters New Phase
Kitsap Transit will pile sand and gravel on a few beaches in early fall to see how much a passenger-only ferry boat will take away. It’s part of the agency’s attempt…