Telenor Acquires MCP
(MCP), obtaining a 100 percent stake in the mobile operator. MCP is a supplier of mobile communication to ferries and cruise ships. The service allows passengers…
Seaspan to Build Four More
Seaspan Corporation announced that it exercised its option to build four 2500 TEU vessels at Jiangsu Yangzijiang Shipbuilding (YZJ) in China. This option was part…
Eagle Bulk Adds to Fleet
Eagle Bulk Shipping Inc. announced that it has taken delivery of the Jaeger, a 2004 built 52,265dwt Supramax dry bulk vessel. The company has now taken on-schedule…
ACL Joins New NASDAQ Global Select Market
American Commercial Lines Inc. announced that it has recently been added to the Russell 2000 Index and the NASDAQ Global Select Market. For ACL, membership in the…
Vancouver Shipyards to Build New Ferry
BC Ferries announced that it has signed a $45.5m contract with Vancouver Shipyards, a Washington Marine Group company, to build a new 125-car intermediate size ferry. Construction on the 328-ft.
Singapore and NZ Conduct Maritime Exercises
Members of the Republic of Singapore Navy (RSN) will exercise alongside the Royal New Zealand Navy (RNZN) during Exercise Lion Zeal from July 10- 14. The exercise…
Chinese Container Ship on the International Market
The ship to which China owns the full intellectual property rights is on the international market for the first time, according to People's Daily. Hudong-Zhonghua Shipbuilding (Group) Co., Ltd.
Todd Wins $5.1M Contract
drydock repairs and preservation of drydock caisson #4. 2006. Contract funds will expire at the end of the current fiscal year. contract was competitively procured with three offers received.
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