OSG to Withdraw Pacific Stock Exchange Listing
Overseas Shipholding Group, Inc. announced plans to withdraw the listing of its common stock from NYSE Arca, Inc., formerly the Pacific Stock Exchange. OSG's common…
EU Approves State Aid to Modernize German Shipyard
The European Commission said it has approved a $5.5m regional investment aid package for the German shipyard Volkswerft Stralsund. The commission said the investment…
Navios Maritime Holdings Takes Delivery of Vessel
Navios Maritime Holdings Inc. panamax vessel. The Navios Star was built at the Imabari Shipyard in Japan in April of 2002. charter in agreement of the vessel. facility of $19.5M.
NSSL Contracts STM
NSSL has contracted telecom solutions provider STM to deliver, install and support SatLink DVB-RCS hubs on the East and West Coasts of the US, providing coverage…
LNG Under Construction by Samsung Heavy Industries
Araldite LNG adhesives from Huntsman Advanced Materials are being employed by shipyards, including Samsung Heavy Industries in the construction of a new LNG ship.
Electric Boat Cuts Will Not be Layoffs
The Norwich Bulletin reported that Electric Boat’s reduction in jobs this year can be achieved through attrition and furloughs, rather than laying off employees.
Tyrihans Field Contract for Fugro
Fugro Structural Monitoring, a division of Fugro Global Environmental & Ocean Sciences Ltd., has been awarded a contract from FMC Technologies to provide a riser…
Austal Patrol Boat Begins Operation in Bermuda
The sister ship to the recently delivered six New South Wales Water Police boats officially entered service on December 4 with the Bermuda Water Police. This follows…
Seaspan Accepts Delivery of Vessel
Seaspan Corporation announced the delivery of its 22nd vessel, the Maersk Marystown, a 4800 TEU containership built in 1989. The vessel was purchased from A.P. Moller…
Keppel to Build KFELS N Class Jackup for the North Sea
Keppel FELS has secured a $371m contract to construct the first KFELS N Class jackup rig for ProdJack AS, a member of the Skeie Group. When delivered at the end of the first quarter of 2010…
Maritime Interdiction Leaders Join to Improve Capabilities
Naval Surface Warfare Center Panama City (NSWC PC)hosted organizational leaders at a conference Nov. 28-29 to organize the development of Expanded Maritime Interdiction…
Wärtsilä Acquires Ship Design Company
Wärtsilä Corporation has signed an agreement to acquire the German ship design company group Schiffko. Sshiffko is privately-owned and has annual net sales totalling…
