Sperry to Supply Electronics for NATO Vessel
Center of La Spezia, Italy. universal data repeater. of the ship’s DP system provided by Kongsberg Simrad. The new 92-ft. steel vessel, named Leonardo, will operate as an Italian public vessel…
Ross Labs Delivers Mini-Sweep System
Ross Laboratories, Inc. delivered the second “Ross Mini-Sweep System” to the U.S. Army Corps of Engineers, Rock Island District. The on-time delivery is the second…
CAE Valmarine Wins New Contracts
CAE Valmarine, part of CAE's Marine Controls division and a leader in automation systems for commercial ships, has signed new contracts worth approximately C$5 million.
NY/NJ Port Authority Launches New Cargo Distribution Plan
The Port Authority launched a unique barge and rail cargo distribution network that will provide jobs and economic activity for the region, speed the flow of goods…
Luxury Car Carrier Sinking in Channel
Rescuers on Sunday were thwarted by fog, as efforts continued to salvage the Norwegian-registered Tricolor, a ship carrying 2,900 luxury cars - reportedly BMW's…
Another Cruise, Another Batch of Sick Passengers
A mysterious outbreak of stomach ailments has again struck the cruise industry, the latest in a round of low level yet high profiles sickness attacks to hit the beleaguered cruise industry.
Venezuela Crisis Deepens, Oil Prices Soar
As the politically induced strikes continue to sweep Venezuela, oil prices jumped to a two month high, reflecting the lack of output from the world's fifth largest oil exporter.
Stelmar Shipping Announces Time Charters
Stelmar Shipping Ltd. has renewed an existing time charter for the Primar and an existing time charter for the Petromar. The company also announced that it has signed…
Teekay Buys Navion for $800M
Teekay Shipping Corporation announced that it will buy Statoil's wholly-owned shipping company, Navion ASA, on a debt free basis, for approximately $ 800 million in cash.