OSHA to Hold Maritime Advisory Committee Meeting
The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) is holding an open meeting of the Maritime Advisory Committee for Occupational…
Enterprise Carrier Strike Group Performs Exercise
The Los Angeles-class nuclear-powered fast-attack submarine USS Miami (SSN 755) surfaces in the North Arabian Sea during an anti-submarine warfare (ASW) exercise…
Palmali Launches Tanker
Palmali Group shipping company has put into operation a Suezmax tanker that replenished its overall fleet deadweight. The Company reported that the vessel was named…
VPT Attracts Panamax Vessels
The Visakhapatnam Port Trust (VPT), which is continuing its supremacy over other ports in cargo handling, is attracting a large number of Panamax vessels after the…
Global Ship Lease Postpones IPO
Global Ship Lease, Inc. (GSL) announced that, based on unfavorable market conditions, it has decided to postpone its proposed initial public offering (IPO). The…
SeeByte Ltd. Announces New Appointments
SeeByte Ltd., a Scottish software product company announces two new appointments to its technologies team based in Edinburgh. Since its founding in 2001, SeeByte…
Royal Caribbean Cruises Implements Fuel Supplement
In an effort to deal with the sharp increase in fuel prices, Royal Caribbean Cruises Ltd. announced the implementation of a fuel supplement of $5 per guest per day…
Genco Shipping & Trading Ltd. Takes Delivery of Fourth Capesize Vessel
Genco Shipping & Trading Limited (NYSE: GNK) announced that it has taken delivery of the Genco Titus, a 177,000 dwt Capesize newbuilding. The Genco Titus is the…
Aries Maritime Transport Limited Announces 3Q Results
Aries Maritime Transport Limited reported its financial results for the nine months ended September 30, 2007. Revenues of $23.2m were recorded for the three months ended September 30…
Aker Kvaerner Wins China Contracts
Aker Kvaerner takes further strides into the Chinese market by signing two deals with China National Offshore Oil Corporation (CNOOC). One contract is for the delivery…
Globus Maritime Ltd. Announces 3Q Results
Globus Maritime Limited (AIM:GLBS), a marine transportation company that owns and operates Handymax and Panamax dry bulk ocean-going vessels, has announced its trading…
Ships Collide Causing Damage at Lagos Port
A container ship, the MSC Pillar, which was on its way to Tin Can Island Port, has run into another ship on anchorage, inflicting severe damage on the vessel at the Lagos Port Complex, Apapa.
Navy’s Shipbuilding Budget Increased
The Navy will enjoy its biggest shipbuilding budget surge since the end of the Cold War — including money to speed production of submarines — under a $459.3b defense…
BP Finds Major Gas Field
According to a Bloomberg report, BP Plc discovered a gas deposit in the Caspian Sea that may double production from the largest natural gas development in Azerbaijan.
Offshore Oil Exploration to Start Early 2009
Minister of Oil and Gas Affairs and Head of the National Oil and Gas Authority (NOGA) of Bahrain Dr. Abdulhussein Bin Ali Mirza has said that exploration and drilling…
This Day in Navy History
Nov. 16: 1776 - First salute to an American flag (Grand Union flag) flying from Continental Navy ship Andrew Doria, by Dutch fort at St. Eustatius, West Indies.
ACP Receives Statement of Qualifications for New Locks
In what will be the largest contract under the Panama Canal’s Expansion Program – to design and build the new locks – the Panama Canal Authority (ACP) received statements…
CNOOC Signs $50m Deal with Aker
China National Offshore Oil Corp (CNOOC) yesterday signed a $50 million contract with Norwegian company Aker Kvaerner ASA for deepwater drilling equipment supplies.