Washington State Bolsters Spill Prevention and Response
In anticipation of adopting new safeguards regarding oil transfers over water and early spill response requirements, the Department of Ecology (Ecology) has added new spill prevention inspectors…
Frontline Sells Share in Gen. Maritime, Orders Ships
The 3.86m shares were sold at $40 per share to World Wide Shipping, and Frontline will record a gain of about $9.7 million in the third quarter from the sale, it said in a statement.
Maersk Names New Containership
On August 12, Odense Steel Shipyard presented its latest newbuilding, an 11,000 TEU container vessel, for the A.P. Moller - Maersk Group. Ane Mærsk Mc-Kinney Uggla…
NASSCO Holds Naming Ceremony for Final BP Tanker
General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics, held a ceremony to name the fourth and final double-hulled oil tanker it is building for BP Shipping Ltd., the Alaskan Legend.
MISC Profit Down 29%
MISC Bhd reported that first quarter net profit dropped 29 percent on lower freight rates for its liner and petroleum divisions. The industry is expected to be either…
MISC Looks for Takeover Targets
MISC Bhd, the world's largest carrier of liquefied natural gas (LNG), is on the lookout for takeover targets to help it grow amid softer shipping rates, according…
Double Hull Tankers Shares Slide
Shares of Double Hull Tankers Inc., shipper of crude oil, fell on Monday after a Citigroup analyst said the stock was overvalued, the Associated Press reported.
Nuclear-powered Savannah to get Makeover
Savannah, an old nuclear-powered ship that spent time in Charleston Harbor as a tourist attraction, is getting a face lift for a possible new tour of duty, according to a report on www.charleston.net.
Todd Shipyards to Overhaul CVN-72
Todd Shipyards Corporation said that the U.S. Navy has awarded to its wholly owned subsidiary, Todd Pacific Shipyards Corporation, a $10,949,272 modification to…
Kone Wins Cruise Ship Order
Kone received an order from Celebrity Cruises to design, supply and install lifts for three passenger cruise ships. Kone is to supply a total of 69 units including passenger elevators…
Viking Supply Ships Acquires SBS Marine
Viking Supply Ships AS (VSS), a wholly owned subsidiary of Kistefos AS, has acquired a Scottish-based platform supply vessel company in a strategic move designed…