Consortium Formed to Invest in China Shipbuilding
At the invitation of China Steel Corp. (CSC) and Yang Ming Marine Transport Corp., Wan Hai Lines Ltd. has shown its willingness to enter into a consortium led by…
EU Approves CP Ships Acquisition
TUI AG and CP Ships Limited jointly announced that TUI's proposed acquisition of CP Ships has been cleared by the European Union and that the regulatory review period in China has expired.
Transocean Updates Rig Status
Transocean Inc. reported that damage assessments of the moored semisubmersible rigs Transocean Marianas and Deepwater Nautilus, which sustained damage during the…
Double Hull Tankers Cuts IPO Amount
Double Hull Tankers Inc. cut its expected initial public offering (IPO) to 16 million shares at $12 to $13 a share from 20 million shares at $14 to $16, according to a Reuters report.
Samsung to Build Tankers for Lukoil
Samsung will build four ice-class 70,000-ton tankers for Russia’s oil major Lukoil to help it export crude from the Arctic to Western markets, according to a report on MosNews.com.
Navy Releases Two Ships to Owners
The Nigerian Navy handed over two ships arrested for oil bunkering in 2003 on the order of the presidency following a court ruling, according to a report on AllAfrica.com.
This Day in Naval History - Oct. 12
1914 - USS Jupiter (AC 3) is first Navy ship to complete transit of the Panama Canal. 1944 - Aircraft from Carrier Task Force 38 attack Formosa. 1957 - Rear Adm. G.J.
Conrad Announces Hurricane Impact and Addition to Backlog
Inc. for the U.S. Army. go out to the victims ravaged by these disasters. have a direct impact on any of our four shipyards. Rita did not spare our Orange employees from loss and damage.
Tote Wins State Environmental Award
Gov. Christine Gregoire has honored Totem Ocean Trailer Express (TOTE) of Tacoma and Federal Way, Washington. with the 2005 Governor's Award for Pollution Prevention & Sustainable Practices…
New Lighterage System Revolutionizes Ship-to-Shore Transport
The U.S. Navy is currently testing a new and improved lighterage system that can be assembled into causeways, docks, or ferries, providing the Navy and Marine Corps with a safer…
Chief Engineer Indicted for Obstruction of Justice
An Indian national working as the Chief Engineer on the container ship M/V MSC Elena was indicted late yesterday by a federal Grand Jury and charged with conspiracy…
CCAT Awards Grants To New Security Technologies
The Center for Commercialization of Advanced Technology (CCAT) in San Diego, Calif. announced that the Center has awarded business development grants and business…
MarAd in search of Director of CMTS Executive Secretariat
The federal government posted a Job Announcement . The Maritime Administration (MarAd) is in search of a person to serve as Director of the Executive Secretariat…
Jeppesen Marine Launches Marine Business Unit
Jeppesen has launched a marine business unit and announced leadership appointments, both for the recreational and commercial marine market segments. Michael Neal has assumed the position of director…
Conrad Details Impact of Hurricanes
Inc. for the U.S. Army. go out to the victims ravaged by these disasters. have a direct impact on any of our four shipyards. Rita did not spare our Orange employees from loss and damage.
Demand for Gas to Grow 3%
World demand for natural gas could grow by 3% a year over the next 15 years, with demand for liquefied natural gas (LNG) growing much faster, Executive Director…
