Nepline To Sell Tankers For $38M
Malaysian shipping firm Nepline Bhd agreed to sell two crude oil tankers to American Eagle Tankers Inc for $38 million cash. The sales were driven by the recentā¦
Report: Three Carriers Dominate TransAtlantic Trade
Three new carrier groups now control 58% of the total capacity in the transatlantic container trade, according to World Liner Supply, a new quarterly report fromā¦
AMCV Secures Financing For Delta Queen Coastal Vessels
American Classic Voyages (AMCV) has issued $76.4 million of bonds guaranteed by the Maritime Administration of the U.S. Department of Transportation (MarAd). Theā¦
Keppel Shipyard Is Awarded Jumboization Contract
Keppel Shipyard, a member of the Keppel Hitachi Zosen Group, has secured a $3.9 million jumboization contract from Baggermaatschappij Boskalis bv (Boskalis), anā¦
FBMA Babcock Secures TriCat Order
FBMA Babcock Marine has agreed with ferry operator Dae A Express Shipping Co. of Pohang, South Korea, for the construction of a 171 ft. (52 m) TriCat fast passenger ferry.
Tribon Solutions Signs Contract With Daewoo Heavy Industries
Tribon Solutions has signed a $ 4.5 million, 3-year contract with Daewoo Heavy Industries to supply and implement the Next Generation of the current Tribon M1 product on Windows NT.
AMCV Secures Financing For Delta Queen Coastal Vessels
American Classic Voyages (AMCV) has issued $76.4 million of bonds guaranteed by the Maritime Administration of the U.S. Department of Transportation (MarAd). Theā¦
RCL Profits Up 18.5%
Royal Caribbean Cruises Ltd. reported an 18.5 percent leap in third quarter profits to a record and said that industry fundamentals were strong despite competitive pricing.
LOOP Crude Deliveries Hold Steady
Crude deliveries to Louisiana Offshore Oil Port (LOOP), the only deep-water U.S. oil port and a major conduit for the country's crude oil imports, will hold steady at stronger levels in November.
Scandlines Ferry Deal Could Drop In November
The Danish and German governments plan to sell the joint-owned Scandlines ferry line and companies from Sweden, Denmark and Germany had expressed an interest in buying the firm.
Europe to Africa Route On Table
Hydro Air, a South African company, is mulling the possibility of launching a sea-air service between Europe and Africa in the longer term. Hydro Air, will launchā¦
