Diana Shipping Announces Sale of Capesize Vessel
million. July 2007. $63.5 million. contract with Cargill International S.A. charter of $27,000. about February 25, 2007. built in 2005. and four Capesize dry bulk carriers.
Hearing on Short Sea Shipping
On February 15, the Subcommittee on Coast Guard and Maritime Transportation of the House Committee on Transportation and Infrastructure conducted a hearing on the…
Kvichak Marine Delivers Catamarans
The all-aluminum cats, owned and operated by Luxury Marinas, are stationed at its El Conquistador Resort and Golden Door Spa in Las Croabas, PR. Designed by Crowther Multihulls…
Mecklenborg Testifies on Behalf of WCI to House Subcommittee
Daniel P. Mecklenborg, First Vice Chairman and General Counsel of Waterways Council, Inc. (WCI) (and Senior Vice President and Chief Legal Officer of Ingram Barge…
Mackay Marine to Outfit RB-M Project
Marinette Marine Corporation (MMC) and Kvichak Marine Industries (KMI) have recently been awarded a $600m contract for the production of up to 250 Response Boat…
Höegh LNG to Sell LNG Carrier
Höegh LNG has agreed to sell its LNG carrier Höegh Galleon to Maverick LNG Holdings Ltd on private terms. The Vessel is scheduled to be delivered to its new owner between July and October 2007.
Aker Yards Reports Growth
Aker Yards ASA reported an EBITDA of $64.8m for the fourth quarter of 2006, an increase of 15 percent compared with the fourth quarter of 2005. The EBITDA result for 2006 was up 40 percent from 2005.
Taiwan's New Name Changes Annoy China
What's in a name? Quite a bit if you're talking about China-Taiwan relations, reports the China Post. China considers Taiwan part of its territory and is deeply…
Inland Waterways Users Board
The US Army Corps of Engineers is seeking applications for membership on the Inland Waterways Users Board. The board advises the Corps on waterways construction…
Coast Guard Commandant Gives State of Coast Guard Speech
In his State of the Coast Guard speech, Admiral Thad Allen, Commandant, US Coast Guard, laid out his vision for how the service would approach the challenges ahead.
ACL Holds Employee Service Recognition Awards
American Commercial Lines Inc. (ACL) announced the creation of a new service recognition program to honor employees that have completed 5 to 40 years of service with the Company.
Coast Guard Launches Local Education Effort
The Coast Guard signed a Memorandum of Understanding (MOU) with the Calcasieu Parish School Board Jan. 9, to put in place the first Coast Guard sponsored Partnership…
Russian Shipbuilders Get Benefits
Russian Minister of Industry and Energy Viktor Khristenko intends to support the Russian shipbuilding industry through new legislation to prevent it from falling behind Western competitors.
APL Launches Mindanao Express Service in Philippines
APL announced the launch of a new twice-weekly service to cater for the growing global demand for Philippines produce. The Mindanao Express (MDX) will provide a…
Aker Yards Reports Strong Growth
Aker Yards ASA reported an EBITDA of NOK 401 million for the fourth quarter of 2006, an increase of 15 percent compared with the fourth quarter of 2005. The EBITDA…
This Day in Naval History - Feb. 16
1815 - USS Constitution captures the British vessel Susannah. 1945 - Carrier aircraft from Vice Adm. Marc A. Mitscher's Task Force 58 strike Japanese installations around Tokyo.
Navy Reaches for Desired Strength by '08
With the Navy’s Fleet of the future established, and seeing cost-savings platforms being delivered to the Fleet, the Navy announced Feb. 5 the plan to reach an end strength number of 328…
Future of USCG Deepwater Clouded
In the wake of Coast Guard Commandant’s Thad Allen’s report to Congress regarding the Coast Guard and the 2008 budget, question linger as to the progress and future…
MTU Logs French Navy Order
“FREMM” program (Frégates Européennes Multimissions). system with each unit delivering 2,200 kW. alternative for higher speeds. at MTU Friedrichshafen. 2008. stage…