Genco Shipping to Acquire Drybulk Vessels
Genco Shipping & Trading Limited announced that the it has agreed to acquire three drybulk vessels from affiliates of Franco Compania Naviera S.A., for an aggregate purchase price of $81.25 million.
Aker Philly Delivers Containership to Matson
Matson Navigation Company, Inc. announced that its newest containership, MV Maunalei, has been delivered to the company by Aker Philadelphia Shipyard. The delivery…
San Francisco Aims to Reduce Ship Emissions
San Francisco officials said on Tuesday they plan to set up a dockside power system that will supply electricity to cruise ships and reduce harmful diesel fuel emissions…
Spirit III Sale Reaps $27M
The TT-Line has sold the Spirit III for up to $20m more than it paid for the ship in 2003. But with cost of modification work done to make the ship suitable for Bass Strait…
Sunken B.C. Ferry Report to be Released September
The Transportation Safety Board hopes to have its final report on the sinking of the B.C. Ferries vessel Queen of the North ready by September, the National Union…
Oil, Gas Discovery in Bohai Bay
The China National Offshore Oil Company Limited (CNOOC Ltd.) announced on July 11 that its wildcat Luda (LD) 6-2-1 drilled independently in the Bohai Bay hit a new discovery.
Asry Wins $13m Contract
According to reports, Arab Shipbuilding and Repair Yard Company (Asry) has been awarded a major contract from National Drilling Company (NDC), in Abu Dhabi, for…
Raytheon Gets $72.8M Navy Contract
The AP reported that military contractor Raytheon Co. said it got a $72.8m contract from the U.S. Navy to provide the Royal Australian Navy with radar equipment.
Seaspan Corp. Announces Delivery of New Vessel
Seaspan Corporation announced the delivery of its 17th contracted vessel, the Lahore Express. The 4250 TEU vessel, which was built by Samsung Heavy Industries Co.
U.S., Indonesian Navies Partner for CARAT
The Indonesia phase of exercise Cooperation Afloat Readiness and Training (CARAT) began at Surabaya Naval Base July 11, with leaders from the Indonesian and United…
USCG- Technical Amendments
The US Coast Guard is making a variety of technical amendments to the regulations relating to navigation and navigable waters. These changes, which are not intended to have any substantive effect…
DHS Release Report on Asset Database
The Office of the Inspector General (OIG) of the Department of Homeland Security released its report on the National Asset Database. The database was intended to…
GMDSS Implementation Task Force to Meet
The National GMDSS Implementation Task Force, sponsored by the US Coast Guard, will meet in Arlington, Virginia on August 2. Topics on the agenda include Rescue 21, AIS, and long range tracking.
Hearing on Ballast Water Management and Emissions
The Subcommittee on Coast Guard and Maritime Transportation of the House Committee on Transportation and Infrastructure conducted a hearing on Draft Legislation…
