GE Shipping Orders New Tankers
Great Eastern Shipping Company (GE Shipping) has ordered two new building Long Range One (LR1) product tankers from STX Shipbuilding Company, Korea. The vessels…
Trico Marine Names New VP
Trico Marine Services, Inc. announces the appointment of Robert V. O'Connor as Senior Vice President of Business and Strategic Development. Prior to joining Trico…
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.
Eagle Bulk Shipping Increases Size of Credit Facility
Eagle Bulk Shipping Inc., has received a commitment from its lender, the Royal Bank of Scotland plc, to increase and amend its revolving credit facility to $450m from $330m.
Todd Shipyards Wins Navy Contract
Todd Shipyards Corporation announced that the U.S. Navy has awarded to its wholly owned subsidiary, Todd Pacific Shipyards Corporation, a delivery order under its…
POSCO to Up Ship Steel Output
POSCO plans to increase production facilities by 2009 to raise its annual production of steel for shipbuilding by 1.1 million tons to address a shortage in the domestic industry…
More Oil Rigs Leaving GoM
According to The Post Gazette, jack-up and deep-water rigs are leaving the Gulf of Mexico for more lucrative jobs elsewhere. This is expected to accelerate production declines in the Gulf…
Bay of Fundy Ferry Service to End
Bay Ferries Ltd. announced on June 30 that the Princess of Acadia will make its final three-hour trip between Digby and Saint John, N.B., on Oct. 31.High fuel prices…
Vinashin to Build Three Tankers
The Vietnam Oil and Gas Corporation (PetroVietnam) on July 4 awarded a contract to the Vietnam Shipbuilding Industry Corporation (Vinashin), for the construction of three 105,000-ton oil tankers.
Omega Delivers Two Product Tankers
Omega Navigation Enterprises Inc. on July 6 took delivery of two product tankers, which will be renamed Omega Princess and Omega Lady Sarah. Omega said so far it…
Pragma, Maersk Oil Agree on $2.8M Deal
Pragma Systems announced it had agreed to a $2.8m contract with Maersk Oil North Sea to provide a technology support center. The three-year contract, with two one-year options…
OMSA Applauds Coast Guard Authorization Act
The Offshore Marine Service Association (OMSA) applauds Congress for its passage of the Coast Guard and Maritime Transportation Act of 2006 (HR 889), which contains…
Pushing It: LeBeouf Bros. Towing
Jon Gonsoulin is not one to rest on his legacy. Jon’s grandfather, Earl, began working with the LeBeouf brothers back in 1946 and soon bought into the company. In time…
