SCI to Sign Shipbuilding Deals for $500m
Shipping Corporation of India (SCI) is reportedly planning to place a $502.9 million contract with Korean shipbuilding yards, according to a report from the Business Standard.
Dormac's Deal Revives South African Shipbuilding
There was excitement at Dormac recently when the keel-laying ceremony for a new $8.2m oil bunker barge commissioned by Smit Amandla Marine signaled the revival of…
Tanjung Offshore Signs Contract with Boustead Naval Shipyard
Tanjung Offshore Bhd's unit Tanjung Kapal Services Sdn Bhd has awarded shipbuilding contract to Boustead Naval Shipyard Sdn Bhd for an anchor-handling tug and supply vessel…
Hyundai Heavy Builds First Underwater LNG Tanks
The world's largest shipbuilder Hyundai Heavy Industries has built the world's first underwater liquefied natural gas tanks. Each is 155 m long and weighs 4,800 tons.
Exmar To Raise Money to Buy Ships
EXMAR NV has instructed an investment banker to raise at least 5 % of the outstanding market capitalization through a private placement of shares. LPG, LNG and Offshore projects.
Mud Impedes Intrepid Tow
McAllister tugs, in addition to a Bouchard tug, helped to pull the Intrepid from pier 86. Despite the efforts of seven tugs with a combined hp of 30,000, the Intrepid…
Hercules Offshore Reports Q3 Earnings Rise
Hercules Offshore Inc. a provider of shallow-water drilling and lift boat services to the oil and natural gas exploration and production industry, announced financial results for its third quarter…
NavSim and Indepth Navigation Form Partnership
A new partnership has been formed between NavSim Technology Inc. and Indepth Navigation to create a PC electronic charting system. NavSim’s software platform is designed to be intuitive…
WSF Debuts Fee-Based WiFi
Beginning in late November, Washington State Ferries (WSF) and vendor Parsons Transportation Group will offer ferry customers an enhanced, fee-based wireless fidelity or Wi-Fi service.
GL Forum Discusses Dangers in Ice
The demand for ice class ships is growing. Especially tankers are being increasingly sent on transport routes in arctic and sub-arctic regions around the world.
Neptune LLC LNG DWP License Application
The Maritime Administration (MARAD) and the US Coast Guard issued a notice stating that the final environmental impact statement for the Neptune LNG LLC liquefied…
Calypso LNG DWP License Application
The Maritime Administration (MARAD) and the US Coast Guard issued a notice stating that they have received an application for licensing of a liquefied natural gas…
Indefinitely Moored Vessel not Subject of Admiralty Jurisdiction
In an unpublished opinion, the US Court of Appeals for the Fifth Circuit ruled that an indefinitely moored gaming vessel is not a vessel for purposes of general…
QM2 Headed for Blohm + Voss Repair
One of the world's largest ocean liner, the Queen Mary 2, is scheduled to arrive in Hamburg on November 12, 2006 at Blohm + Voss Repair GmbH, a company of ThyssenKrupp Marine Systems.
Samsung Records LNG Order
Qatar Gas transport Company (Nakilat) has placed order for another Q-Max LNG carrier, the largest liquefied natural gas tanker in operation, according to a report on www.gulf-times.com.
Iceberg Alert Off of New Zealand
Maritime officials say they will rely on shipping in the southern ocean to keep tabs on the flotilla of icebergs drifting slowly towards New Zealand. About 100 icebergs…
Jamaica Seeks Oil Investors
Jamaica is seeking investors for its oil and gas exploration and has planned a second round of roadshows overseas to market the country's oil and gas exploration potential in January…
MISC Confirms 4-Tanker Order
MISC Bhd said its wholly-owned subsidiary AET Inc Ltd has confirmed its order for four 107,500 dwt Aframax tankers from Japan's Tsuneishi Corp for US$260 million.
Spill in Portland
The Coast Guard is investigating a minor fuel oil spill that occurred Monday night at approximately 7:00 p.m. at Terminal 6 in Portland from the HYUNDAI NO. 106, a Liberian flagged car carrier.
TOP Tankers Announces Sale of Tanker
TOP Tankers Inc., announced the sale of Topless, a 47,262 Dwt, double-hull Handymax tanker built in 1998. The vessel is expected to be delivered to its new owners within the next 60 days.