Report: 2 U.S. Sailors Die After Falling off Submarine
Two U.S. sailors died after waves swept them from the deck of a nuclear submarine off the coast of southwestern England on Friday, British coast guards said. The USS Minneapolis-St.
$630m Drill Ship is Korea's Most Expensive Ship
The most expensive ship among the orders Korean shipbuilders have won this year is a $630m drill ship. Samsung Heavy Industries won a contract from Sweden in October to build the 97…
Liftboat Juan Listing at 90 Degrees
The Coast Guard reported that the liftboat Juan is listing 90 degrees, about 70 miles south of Gibson, La. The vessel is holding in position, approximately 5,500 ft.
Gerald R. Ford, Former President and Sailor, Dies
Lt. Cmdr. Gerald Ford in uniform 1945, who later became the 38th President of the United States (1974-1977). Ford received his commission as an Ensign in the U.S Naval Reserve on April 13…
Aboitiz Transport Sells 2 Ships
Aboitiz Transport System Corp., the transportation arm of Cebu-based conglomerate Aboitiz Equity Ventures Inc., is selling two vessels for $39m, with the first already delivered to the buyer…
Ocean Tankers Acquires New Ship
Ocean Tankers Holdings Public Company Ltd (OCT) announced that within the framework of the company’s policy for the improvement of its fleet, it has reached an agreement…
Five Newbuildings for Hapag-Lloyd in 2007
In 2007, Hapag-Lloyd will integrate three newbuildings each capable of carrying 8,750 standard containers (TEU) as well as two vessels each of 4,250 TEU capacity into its fleet…
Vinashin to Expand Song Chanh Shipyard
Vinashin has invested 93.7m in expanding Song Chanh shipyard in the northern coastal province of Quang Ninh. The shipyard will be upgraded to be capable of building ships up to 20…
TSS Extends High-Speed On Demand Maritime Service
Telenor Satellite Services (TSS) now offers high-speed 128 kbps maritime satellite communications service globally. Telenor has added Pacific Ocean coverage to its…
Electric Boat Awarded $1.2b Submarine Contract
Electric Boat Corp., Groton, Conn., is being awarded a $1.2b modification to previously awarded multi-year contract (N00024-03-C-2101) for Fiscal Year 2007 Virginia…
Coast Guard Responds to Liftboat Incident
The liftboat Juan tilts to its starboard side about 70 miles south of Gibson, La. The Coast Guard is monitoring the situation, and all personnel aboard the boat were safely evacuated. U.S.
A More Powerful Chinese Navy?
According to a report in the Taipei Times, Chinese President Hu Jintao urged the building of a powerful navy that is prepared "at any time" for military struggle, state media reported yesterday.
Samsung Heavy to Double Steel Purchases From China
Samsung Heavy Industries Co. The company will rely on China next year for 21 percent of the 5 mm to 20 mm thick slabs used to make vessel hulls, compared with nine percent in 2006.
South African Navy Floats New Bid for Frigate
The South African Navy may soon get the green light to buy a fifth patrol corvette, or frigate, after the government's go-ahead for fresh negotiations. Highly placed…
Report: China Wants to Bolster Naval Power
The Chinese president, Hu Jintao, has called on top military commanders to build a powerful navy, the state media reported as China continues to spend heavily on a modern, blue-water fleet.
DHS Issues Proposal on Chemical Facility Anti-Terrorism Standards
The Department of Homeland Security (DHS) issued an advance notice of proposed rulemaking seeking comment on draft regulations that would establish chemical facility…
Bad Weather Stalls Oil Clean-up
Bad weather stalled the clean-up and pipeline response efforts 30 miles south east of Galveston, Texas, Wednesday night. Strong winds and large waves have made working conditions unsafe…
DryShips adds Dry Bulk Carriers
Greek shipping company DryShips Inc., which specializes in dry bulk carriers, has sold a pair of older ships and added two newer vessels to its fleet. The company…
Biggest Shipyards May Keep High Prices to Counter Costs
Bloomberg reported that Hyundai Heavy Industries Co. and other shipbuilding companies may succeed in keeping vessel prices at record highs for a third year as they…
Samsung Heavy to Double Steel Purchases From China
According to Bloomberg Samsung Heavy Industries Co. will more than double purchases of steel plate from China next year because it can't get enough from suppliers in South Korea and Japan.
