EU Rejects Italian Aid for Cruise Ship Extension
The European Commission said it has rejected a request from the Italian government to aid an extension of the delivery of a cruise ship at the Fincantieri shipyard.
Huangpu Employs PTC Design Platform
PTC the Product Development Company, and Guangzhou-based CSSC Guangzhou Huangpu Shipbuilding Co. Ltd announced that Huangpu Shipbuilding has expanded its use of PTC Shipbuilding Solution…
Iran Firm to Spend $2B on Tankers
National Iranian Tanker Company (NITC), Iran's supertanker operator, plans to invest over $2 billion over the next four years. The plans include building of 10 LNG…
OCEA Shipyard Gets Commuter 108 Orders
Les Sable d’Olonne based OCEA Shipyard has signed contracts for two OCEA Commuter 108 yachts, for delivery in summer 2007. The 107 ft. yacht, designed by Joubert-Nivelt…
Venezuela and Spain Seal Military Deal
Spain and Venezuela signed $2 billion arms deal in which Madrid agreed to supply Caracas with 12 transport planes and eight navy patrol boats. Venezuela's Defense…
Tallink Cruise Ferry Launched at Aker Yards
The christening and launching ceremony of the big cruise ferry ordered by Tallink took place at Aker Yards shipyard in Rauma. The contract worth $194M was signed in October 2004…
ODS-Petrodata Releases Global Supply Vessel Forecast
ODS-Petrodata recently released its latest in depth study of the global supply vessel market. The ODS-Petrodata Global Supply Vessel Forecast draws on more than…
Aker Philadelphia Begins Production on New Ship
Aker Philadelphia Shipyard has begun production on the second of ten vessels in the product tanker build program announced last spring, according to a WPVI-TV report.
Vyborg Shipbuilding Yard Wins Fishing-Refrigerating Contract
According to a Turkmenistan report, the Vyborg Shipbuilding Yard of Russia won a contract to design and build six fishing-refrigerating vessels for the State Committee…
Huangpu Shipbuilding Expands Use of PTC Shipbuilding Solution
Huangpu Shipbuilding expanded its use of PTC Shipbuilding Solution, which includes CADDS5i to improve its overall design capabilities. With the expanded software implementation…
Shell Aims to Develop Arctic Oil Field
One of the world's biggest oil companies believes Arctic waters, including those north of Alaska, hold huge promise as an oil and gas frontier, according to a Petroleum News report.
Virginia Asphalt Spill Worse Than Originally Thought
The Coast Guard has drastically increased its estimates of the amount of asphalt spilled from a grounded barge on the James River in Virginia, saying up to 63,000…
U.S. Navy to Withdraw from Italy
In a move to adjust its forces to meet current and future readiness needs in the European theater, the United States and Italy have decided to remove U.S. Navy forces from La Maddalena…
Aker Yards, Viking Line Confirm LOI
order. The LOI, which is for a fast passenger/car ferry, was signed on November 21 by Aker Yards and Viking Line and is worth approximately $140-150 million. The…
Port of Marseilles Authority Names New Director-General
Guy Janin has been named the new director-general of the Port of Marseilles Authority. Janin, 58, has been head of the inland waterways authority Voies Navigables de France (VNF) since 2004.
Aker Kvaerner Wins Contract
Norske Shell awarded Aker Kvaerner a maintenance and modification contract for the Draugen platform and the Ormen Lange plant on the north-western coast of Norway.
Aries Maritime Takes Delivery of Products Tankers
Aries Maritime Transport Limited announced that it has taken delivery of the Chinook, a 2001-built 38,700 dwt double-hulled products tanker. The Chinook was acquired…
Ghost Ship Fleet to Shrink Further in 2006
According to reports, a top U.S. Deputy maritime administrator John Jamian said he expects to remove 11 or so obsolete ships from the James River Reserve Fleet next year.
Horizon Announces General Rate Increase for Hawaii Cargo
Horizon Lines, LLC announced that it will file a General Rate Increase with the Surface Transportation Board to raise its ocean freight rates for the company's Hawaii service effective January 2…
Operations Continue on Asphalt Barge that Leaked in James River
The Coast Guard continues to monitor a barge that ran aground and spilled approximately 42,000 to 63,000 gallons of liquid asphalt, five miles south of Richmond, Va., at 4:30 a.m. Monday.
