Jurong Gets $404M Semi-Sub Option
Jurong Shipyard said that SeaDrill Limited (SeaDrill) has exercised the option to build the second unit of the 6th generation ultra deep water semi-submersible drilling…
KCI Konecranes for Gdynia Port
Container Terminal (BCT) in Gdynia, Poland. delivered before the end of 2006. 2005. the terminal in early 2003 under a government privatisation programme. per/yr. capacity to 600,000TEU/yr.
GAO – First Responders’ All Hazards Capabilities
The U.S. Government Accountability Office (GAO) issued a Report stating that the Department of Homeland Security (DHS) has largely succeeded in its initiatives to create a national…
Toxic Spill Source a Mystery
An investigation to find the ship that spilled a toxic fumigant near the Poor Knights Islands in April has uncovered a gap in international fumigation standards…
Bond Substitutes for Res
The U.S. Court of Appeals for the Ninth Circuit ruled that as long as there is a valid seizure of the res at the initiation of an in rem proceeding, jurisdiction…
Statutory Change Through Codification
The U.S. Court of Appeals for the First Circuit ruled that Congress changed the default wage statute when it codified portions of Title 46, U.S. Code in 1983, despite…
MARAD Proposal
The U.S. Maritime Administration (MARAD) proposes to establish a process for determining the availability of coastwise-qualified launch barges to be used in the…
Bankruptcy Trumps Admiralty
The U.S. Court of Appeals for the Second Circuit ruled that a bankruptcy court may extinguish maritime liens on vessels where the lienors are before the court, even…
Stratos to Acquire Xantic
Stratos Global Corporation signed a letter of intent to purchase the shares of Xantic B.V. This transaction, involving two of the largest providers of mobile satellite services…
U.S. Satellite Industry Dominates
The market for commercial communications satellites is expected to be worth $25.4 billion over the next 10 years, according to Forecast International’s recently…
Aker Arctic WinsShuttle Tanker Contract
Aker Arctic Technology of Finland and the St. Petersburg based FSUE Admiralty shipyards signed a contract for a license and design including classification package of two 70…
Engineer in Dredge is Jones Act Seaman
The U.S. Court of Appeals for the First Circuit ruled that an engineer employed on a dredge in navigation is a seaman for purposes of the Jones Act. This decision…
Aker Yards’ Backlog Doubles
Aker Yards ASA reported an EBITDA of NOK 240 million for the second quarter of 2005, which corresponds to an EBITDA margin of 5.9 percent. The margin year to date is 5.3 percent.
CP Ships Deploys Two New Ships
CP Ships Limited said that the first two of nine 4250 teu ships ordered two years ago will be deployed in its US East Coast-Indian Sub-Continent service. They will…
Diana Shipping Inc. Announces New Short Term Charter Contract
Diana Shipping Inc., a global shipping transportation company specializing in dry bulk cargoes, announced that it has entered one of its Panamax dry bulk carriers…
Cruise Ship Terror Plot Thwarted
A Turkish court on Thursday charged a Syrian suspected of plotting to slam speedboats packed with explosives into cruise ships filled with Israeli tourists, according to an AP report.
