Wärtsilä Receives Order for 50 Propellers in China
At the beginning of September the joint-venture company Wärtsilä CME Zhenjiang Propeller Co. Ltd. in China received an order for 50 fixed pitch propellers (FPP) to be delivered to two shipyards…
Seafloor Observatory Gets $20m
The research capacity of the University of Victoria-led NEPTUNE Canada, the world’s first regional cabled ocean observatory, received a significant boost today with…
Companies Sign Joint Contract with ConocoPhillips
Bay-Houston Towing Co., Suderman & Young Towing Co. LP, and Moran Towing Corporation are pleased to announce they have jointly contracted with the ConocoPhillips…
Carnival Announces New Deployments
Carnival Cruise Lines will switch the homeport deployments of its 2,124-passenger SuperLiners Carnival Legend and Carnival Miracle beginning in spring 2007. Carnival Legend…
Aries Maritime Provides Update on the Bora
approximately $1.3 million. period charter. the cancellation date under the charter terms.
Spain to Implement CSI and Target
containers destined for the U.S. Security Initiative (CSI). commerce," said Commissioner Basham. trade facilitation. for the United States. officials at the port of Algeciras began on July 30, 2004.
Saab Transponder Tech Reports Strong Market for AIS
Saab TransponderTech, a supplier of automatic identification systems (AISs) reports continued brisk sales of its AIS products, including shipboard transponders and base stations.
Coast Guard, TSA to Conduct Joint Port Security Exercise
The Transportation Security Administration and the Coast Guard will facilitate a port security exercise on Thursday in Baltimore to evaluate preparedness, prevention…
DryShips Agrees to Sell, Buy and Build
Greece-based industrial shipper DryShips Inc. on Monday said it plans to sell an older bulk carrier, buy a newer model and signed $66.5min contracts to build two dry bulk vessels.
Frontline Sells Tanker for $141.5m
Bermuda-based tanker operator Frontline Ltd. said Tuesday it agreed to sell its VLCC Front Beijing, which was delivered in 2006, for gross proceeds of $141.5 million.
Bath Iron Works Awarded $18m Contract for Farragut
The U.S. Navy awarded a $17.9m contract to Bath Iron Works, a subsidiary of General Dynamics to perform Post-Shakedown Availability (PSA) maintenance, repair and…
GL Launches Tool for Thickness Measurement
The new software tool GL Pegasus to improve material thickness measurements for ships has been presented by Germanischer Lloyd today. GL Pegasus enables direct electronic measurement input.
Korean Shipyards Dominate
Korean shipyards dominate the global shipbuilding market in terms of backlog orders. According to the London-based market researcher Clarkson, Hyundai Heavy Industries…
Mercy Ships Salutes Volunteer Maritime Personnel
As the shipping world comes together this week to commemorate World Maritime Day and the vital role played by shipping in world trade and development, Mercy Ships…
Wärtsilä Engines for Royal Caribbean
Wärtsilä Corporation won an order in August to power a new cruise ship contracted by Royal Caribbean Cruises Ltd (RCL) at Meyer Werft in Germany. With this order…
Port of NY/NJ to Get More Funding
Annual funding to protect the perimeters of New York's and New Jersey's ports will be boosted nearly fourfold, the Department of Homeland Security was to announce Monday.
Organizations File Briefs in Support of Stolt-Nielsen Case
Nine separate organizations, including a foreign sovereign government, leading trade associations and other groups have filed amicus curiae briefs with the Supreme…
Kattán de Jordán and Sweep Awarded Thomas Crowley Trophies
Claudia Kattán de Jordán, general manager, Honduras and Nicaragua, for Crowley Maritime Corporation's liner services group, and Cal Sweep, director of facilities…
Shipbuilders Experience Backlog
After decades where shipbuilding was a sick industry, a rush of orders for modern vessels has booked out dockyards around the world for years ahead. Operators who…
Pact Signed for Drydock Project
Ahmed bin Abdulnabi Macki, minister of finance and national economy and deputy chairman of the Financial Affairs and Energy Resources Council, signed on behalf of…