SS&Y Atlantic Index Up, Pacific Index Down
Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index rose 162 points in the week ending Monday to 5,700. "Capesize rates strengthened overall by the middle…
Vosper Thornycroft May Have To Lay Off 650
Vosper Thornycroft Holdings Plc said on Tuesday it may have to make up to 650 people redundant due to a shortage of short-term shipbuilding production work. Vosper…
Irving Shipbuilding To Construct Tugs For Panama Canal Authority
Irving Shipbuilding has secured an order for two azimuthing stern drive Tugs for the Panama Canal Authority. The 101 ft. (30.8 m) reverse tractor tugs are driven…
Costa Crociere Unit Orders Two New 105,000-Ton Vessels
Costa Crociere S.p.A., a unit of Carnival Corp. has signed a letter of intent with Italian shipyard Fincantieri Cantieri Navali S.p.A. 2004. The 2,720-passenger ships…
Atlantic Marine Wins Second Reinauer Tug/Barge Contract
Atlantic Marine, Inc. has received a contract for a second state-of-the-art articulated tug and barge (ATB) vessel to be built at its Alabama Shipyard facility in Mobile…
Taiwan To Ease Direct Shipping To China
Taiwan will ease a ban on direct trade and shipping links with China from mid-December, calling it a goodwill gesture and urging its arch-rival to reciprocate. "We are waiting for them.
EU Could Resolve Shipbuilding Row At WTO
The European Union could take South Korea to the World Trade Organization (WTO) over its shipbuilding practices after talks last week failed, EU officials said.
U.S. Supreme Court Reject Exxon Appeal
The U.S. Supreme Court rejected on an appeal by Exxon Mobil Corp. over the $5 billion punitive damages verdict against it for the 1989 Exxon Valdez accident, the nation's worst oil spill.
EU Calls For Single-Hull Phase Out
European Union governments on Monday called for single-hull oil tankers to be phased out as part of their response to the Erika oil spill disaster. The EU wants…
U.S. Company To Assist Russian Sub
Russia signed a deal with an American company - the Norwegian arm of Halliburton -- to recover at least some of the bodies of the 118 sailors who died when the submarine…
Cammell Laird Receives Major Refit Contract
Cammel Laird was awarded a major UK Ministry of Defence ship refit contract involving the mid life extension of the diesel electric powered Oceanographic Research Vessel RMAS Newton…
LR's Gavin Addresses Substandard Shipping
"The loss of the Erika has focused the legislators, politicians, classification societies, owners, charterers and the media on the responsibilities of the individuals…
U.S. Navy Keeps Ship-Shape With Software
The Naval Surface Warfare Center uses Adams software to simulate USN ship hull and deck equipment. The technology is used for conceptualization and design-for-manufacturability simulations.
Latest Developments in Engine Room Simulators
Transas Marine has released a new simulator product, which is a stand-alone Engine Room simulator, ERS Solo. This simulator broadens the company's existing product range of Engine Room simulators…
Bollinger to Construct Supply Boat for Lytal Ocean
Bollinger Marine Fabricators on Lytal Ashley - an oilfield supply vessel (OSV) for Lytal Ocean. In addition, a contract has already been formalized for a nearly identical sistership Lytal Andre…
Great Lakes' Biggest Dual-Mode ITB Begins Service
One of the most labor- and fuel-efficient bulk material carriers on the Great Lakes entered service in June 2000. The self-unloading barge Great Lakes Trader is owned by Great Lakes Marine Leasing…
Subsea Installation, Heavy Lift and Transport Vessels Show Muscle in FPSO Market
Having added a unique multi-purpose offshore installations vessel and a powerful floating crane to its fleet, the Smit International Group is increasingly busy on…
After 25 Years, Smit International Keeps Evolving
Although Smit International graced the marine industry with its presence in 1975, the company actually began in the mid-18th century as a shipbuilder, which would…
Millennium's Vibration Problem Not Related to Gas Turbines
A splashing debut with new innovations could best describe the inauguration of Celebrity's Millennium, which occurred in England this past summer. Ironically, the…
SWM Uses Automation To Speed Workflow
The ability of ship repair yards to quickly, efficiently and effectively get ships in and out in the least possible amount of time is cornerstone to their very existence.
