World's Biggest Floating Diamond Processing Vessel Sets Sail
The world's biggest floating diamond processing vessel will set sail for the first time within three weeks and should be in position off Namibia before Christmas…
Bulk Carrier Remains at Anchorage
The Hong Kong-flag bulk carrier Maritime Talent remains at anchorage in Narvik, Norway following a labor union boycott, Reuters reported. The 47,574-dwt vessel arrived in Narvik last Thursday.
Rydex Introduces Rydex Express
Rydex released of Rydex Express, a new entry-level ship-to-shore email service. "Rydex Express is our answer to the industry's demand for a value oriented email…
Cammell Laird Receives Coflexip Conversion Project
Cammell Laird Tyneside announced that it secured a significant conversion project for the vessel CSO Constructor. The vessel, which belongs to the Coflexip Stena Offshore Group…
Texas A&M Chooses Transas
Texas State Maritime Program (TAMUG) has selected the Buffalo Computer Graphics and Transas Marine USA team for the contract to replace their existing ship simulator.
Keppel Shipyard Clinches Jumboization Contract
Keppel Shipyard has secured a S$7 million contract from Smedvig Asia for the jumboization and upgrading of their Drilling Tender Barge, Robray T7. On completion of the works…
Keppel Hitachi Zosen Tapped To Build Harbor Tugs
Keppel Hitachi Zosen, through Keppel Singmarine Dockyard, will build two harbor tugs for S$17 million for the Abu Dhabi Sea Port Authority, Port Zayed in the United Arab Emirates.
Three ex-TransCoastal Divisions Sold To Sunland Construction
HBH, Inc., Woodson Construction Company and the Kori Corporation were recently sold to Sunland Construction, Inc., of Eunice, LA. The three Louisiana based divisions…
Station 12 Closes Deal On SpecTec For $75.4M
Station 12, the Netherlands-based mobile satellite communications company, has signed an agreement with Visma ASA for the acquisition of its marine division, SpecTec.
Tidewater Nabs Eight Vessels From Sanko
Tidewater has completed the previously announced transaction of eight vessels from the Sanko Steamship Co. at a price of $160 million. Four of the vessels in the purchase are large anchor-handling…
Delta Queen Coastal Voyages Launches Second Ship
Just five months after the shipyard launch of Delta Queen Coastal Voyages' first vessel, the second ship in the new fleet was christened at Atlantic Marine, Inc.…
Kvaerner Philadelphia Places $60 Million Worth Of Supply Orders
Kvaerner Philadelphia Shipyard, part of the Anglo-Norwegian engineering and construction group, to date, has placed supply orders for nearly $60 million with local…
Cammell Laird Secures Upgrading And Drydocking Of RFA Argus
Cammell Laird has been awarded a multi-million dollar contract to drydock and upgrade the RFA helicopter support ship Argus. This award follows the successful refit…
Bollinger To Build Two Liftboats For Cardinal Services
Bollinger Shipyards, Lockport, La., has signed a contract to build two 245-ft. (74.6 m) class liftboats for Cardinal Services, a subsidiary of Superior Energy Services, Inc., Harvey, La.
Hanjin Signs $150M Commercial Paper In U.S.
South Korea's shipping container operator Hanjin Shipping reportedly signed a deal with ABN AMRO Bank to issue $150 million in asset-backed commercial paper in the United States.
Russia Claims It Heard "SOS" From Foreign Sub
Russia recorded SOS signals from a foreign submarine when its own nuclear submarine, the Kursk, was sinking with 118 sailors on board in August, a top navy commander reportedly has said.
Wholesale Port Sell-Off Not An Option
South Africa said it would not go for the wholesale sell-off of ports as they were regarded as strategic assets. Public Enterprises Minister Jeff Radebe said that…
VLCC Rates Hit Highs
Middle East to Asia bound very large crude carrier (VLCC) rates have hit to a new record high beyond the psychological barrier of W200, brokers said on Tuesday.
Dry Bulk Markets Lower
The Baltic Dry Index (BDI) shed seven points to 1,701, the Baltic Panamax Index (BPI) eased four points points to 1,520, the Baltic Handy Index (BHI) dropped eight points to 1…
Mytilineos Eyes Major Stake In Shipyard
Greek engineering and metallurgy group Mytilineos is eyeing a majority stake in Hellenic Shipyards in an effort to penetrate further into Greece's defense industry, a company official said.
